83 FR 15662 - Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Schedule of Fees To Clarify the Fees and Rebates for the Complex Order Exposure Auction Pursuant to Rule 722(b)(3)(iii)

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 70 (April 11, 2018)

Page Range		15662-15664
FR Document		2018-07405
Federal Register, Volume 83 Issue 70 (Wednesday, April 11, 2018)
[Federal Register Volume 83, Number 70 (Wednesday, April 11, 2018)]
[Notices]
[Pages 15662-15664]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-07405]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82999; File No. SR-ISE-2018-28]


Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change To Amend the 
Exchange's Schedule of Fees To Clarify the Fees and Rebates for the 
Complex Order Exposure Auction Pursuant to Rule 722(b)(3)(iii)

April 5, 2018.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that 
on March 23, 2018, Nasdaq ISE, LLC (``ISE'' or ``Exchange'') filed with 
the Securities and Exchange Commission (``Commission'') the proposed 
rule change as described in Items I and II below, which Items have been 
prepared by the Exchange. The Commission is publishing this notice to 
solicit comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange proposes to amend the Exchange's Schedule of Fees to 
provide greater clarity as to how the Exchange currently charges 
complex orders executed during an exposure auction pursuant to Rule 
722(b)(3)(iii) (``Exposure Auction'').
    The text of the proposed rule change is available on the Exchange's 
website at http://ise.cchwallstreet.com/, at the principal office of 
the Exchange, and at the Commission's Public Reference Room.

II. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, the Exchange included statements 
concerning the purpose of and basis for the proposed rule change and 
discussed any comments it received on the proposed rule change. The 
text of these statements may be examined at the places specified in 
Item IV below. The Exchange has prepared summaries, set forth in 
sections A, B, and C below, of the most significant aspects of such 
statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The purpose of the proposed rule change is to amend the Exchange's 
Schedule of Fees to provide greater clarity as to how the Exchange 
currently charges complex orders executed during an Exposure Auction 
pursuant to Rule 722(b)(3)(iii). An Exposure Auction is automatically 
initiated when a member submits an eligible complex order that is 
marked for price improvement.\3\ Because Exposure Auctions are 
initiated by complex orders entered on the complex order book, they are 
charged based on the same maker/taker scheme as is applicable to other 
complex orders that are executed on the complex order book rather than 
the separate pricing defined for Crossing Orders.\4\ Specifically, the 
Exchange treats the originating side of Exposure Auction orders as 
adding liquidity, and the contra side as taking liquidity, for the 
purpose of determining applicable fees and rebates. Since the Schedule 
of Fees does not currently indicate the manner in which the Exchange 
treats the originating or contra side of Exposure Auction orders, the 
Exchange proposes to add the following language in Section II: ``During 
an ``exposure'' auction pursuant to Rule 722(b)(3)(iii), the 
originating side of the auction order will be assessed the applicable 
maker fee or rebate, and the contra side will be assessed the 
applicable taker fee or rebate.''
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    \3\ Pursuant to Rule 722(b)(3)(iii), the marked complex order is 
exposed for a period of up to one-second. When the Exchange first 
adopted Rule 722(b)(3)(iii), it indicated that this exposure period, 
which provided members an opportunity for price improvement, was not 
considered an ``auction.'' See Securities Exchange Act Release No. 
57706 (April 24, 2008), 73 FR 23517 (April 30, 2008) (SR-ISE-2007-
77) (``2007 Filing''). Notwithstanding the 2007 Filing, this feature 
would be considered an auction today.
    \4\ A ``Crossing Order'' is an order executed in the Exchange's 
Facilitation Mechanism, Solicited Order Mechanism, Price Improvement 
Mechanism (PIM) or submitted as a Qualified Contingent Cross order. 
For purposes of the Fee Schedule, orders executed in the Block Order 
Mechanism are also considered Crossing Orders.
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    Thus, based on current rates, the Exchange charges the originating 
side of Non-Priority Customer \5\ Exposure Auction orders that trade 
against other Non-Priority Customer orders a maker fee of $0.10 per 
contract in Select

[[Page 15663]]

Symbols \6\ for Market Maker,\7\ Firm Proprietary \8\/Broker-Dealer,\9\ 
and Professional Customer \10\ orders, and $0.20 per contract in Select 
Symbols for Non-Nasdaq ISE Market Maker \11\ orders. In Non-Select 
Symbols,\12\ the originating side is charged a $0.20 per contract maker 
fee for all Non-Priority Customer orders. The contra side Non-Priority 
Customer order is charged a taker fee of $0.50 per contract in Select 
Symbols for Market Maker (or $0.44 per contract for Market Makers with 
total affiliated Priority Customer Complex ADV of 150,000 or more 
contracts),\13\ Non-Nasdaq ISE Market Maker, Firm Proprietary/Broker-
Dealer, and Professional Customer orders. In Non-Select Symbols, the 
contra side Non-Priority Customer order is charged a $0.86 per contract 
taker fee for Market Maker orders,\14\ and a $0.88 per contract taker 
fee for Non-Nasdaq ISE Market Maker, Firm Proprietary/Broker-Dealer, 
and Professional Customer orders.\15\
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    \5\ Non-Priority Customer includes Market Maker, Non-Nasdaq ISE 
Market Maker, Firm Proprietary, Broker-Dealer, and Professional 
Customer.
    \6\ ``Select Symbols'' are options overlying all symbols listed 
on ISE that are in the Penny Pilot Program.
    \7\ The term ``Market Makers'' refers to ``Competitive Market 
Makers'' and ``Primary Market Makers'' collectively.
    \8\ A ``Firm Proprietary'' order is an order submitted by a 
member for its own proprietary account.
    \9\ A ``Broker-Dealer'' order is an order submitted by a member 
for a broker-dealer account that is not its own proprietary account.
    \10\ A ``Professional Customer'' is a person or entity that is 
not a broker/dealer and is not a Priority Customer.
    \11\ A ``Non-Nasdaq ISE Market Maker'' is a market maker as 
defined in Section 3(a)(38) of the Securities Exchange Act of 1934, 
as amended, registered in the same options class on another options 
exchange.
    \12\ ``Non-Select Symbols'' are options overlying all symbols 
excluding Select Symbols.
    \13\ Further, Nasdaq ISE Market Makers making or taking 
liquidity receive a discount of $0.02 when trading against Priority 
Customer orders preferenced to them in the Complex Order Book in 
equity options that are able to be listed and traded on more than 
one options exchange. This discount does not apply to FX Options 
Symbols or to option classes designated by the Exchange to receive a 
guaranteed allocation pursuant to Nasdaq ISE Rule 722(b)(3)(i)(B).
    \14\ Id.
    \15\ The Exchange also currently charges a $0.03 per contract 
complex surcharge for Non-Priority Customer complex orders in Non-
Select Symbols that take liquidity from the complex order book, 
excluding complex orders executed in the Facilitation Mechanism, 
Solicited Order Mechanism, Price Improvement Mechanism and Exposure 
Auctions. See Securities Exchange Act Release No. 82644 (February 6, 
2018), 83 FR 6069 (February 12, 2018) (SR-ISE-2018-10).
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    When Non-Priority Customer orders trade against Priority Customer 
\16\ orders in Exposure Auctions and the originating side is a Non-
Priority Customer order, the originating side is charged a maker fee of 
$0.47 per contract in Select Symbols for Market Maker orders (or $0.44 
per contract for Market Makers with total affiliated Priority Customer 
Complex ADV of 150,000 or more contracts),\17\ and $0.48 per contract 
for Non-Nasdaq ISE Market Maker, Firm Proprietary/Broker-Dealer, and 
Professional Customer orders. In Non-Select Symbols, the originating 
side is charged a $0.86 per contract maker fee for Market Maker 
orders,\18\ and a $0.88 per contract maker fee for Non-Nasdaq ISE 
Market Maker, Firm Proprietary/Broker-Dealer, and Professional Customer 
orders. The contra side Priority Customer order is paid a volume-based 
tiered rebate,\19\ which currently ranges from $0.26 per contract in 
Select Symbols (if the member executes Priority Customer Complex ADV of 
0 to 14,999 contracts in a given month) to $0.50 per contract in Select 
Symbols (if the member executes Priority Customer Complex ADV of 
225,000 or more contracts in a given month). In Non-Select Symbols, the 
tiered rebate paid to the contra side Priority Customer order currently 
ranges from $0.40 per contract (if the member executes Priority 
Customer Complex ADV of 0 to 14,999 contracts in a given month) to 
$0.85 per contract (if the member executes Priority Customer Complex 
ADV of 225,000 or more contracts in a given month).
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    \16\ A ``Priority Customer'' is a person or entity that is not a 
broker/dealer in securities, and does not place more than 390 orders 
in listed options per day on average during a calendar month for its 
own beneficial account(s), as defined in Nasdaq ISE Rule 
100(a)(37A).
    \17\ See note 13 above.
    \18\ Id.
    \19\ The Exchange provides rebates to members for adding and 
taking liquidity based on tiers that reflect their Priority Customer 
Complex average daily volume (``ADV'') executed during a given 
month.
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    When Non-Priority Customer orders trade against Priority Customer 
orders in Exposure Auctions and the originating side is a Priority 
Customer order, the originating side receives the tiered rebate in 
Select and Non-Select Symbols, as discussed above. The contra side Non-
Priority Customer is charged the taker fee in Select and Non-Select 
Symbols, as discussed above.\20\ Lastly, when Priority Customer orders 
trade against Priority Customer orders in Exposure Auctions, neither 
the originating side nor the contra side is charged a fee or given a 
rebate because the Exchange currently does not charge a maker or taker 
fee for Priority Customer complex orders, and provides a rebate only if 
the Priority Customer complex order trades against a Non-Priority 
Customer complex order, as described above.
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    \20\ See note 15 above.
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    While the proposed change discussed above is consistent with 
current practice, the Exchange believes that the clarifications will 
eliminate any potential confusion around how Exposure Auction orders 
are charged today.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section 
6(b) of the Act,\21\ in general, and furthers the objectives of 
Sections 6(b)(4) and 6(b)(5) of the Act,\22\ in particular, in that it 
provides for the equitable allocation of reasonable dues, fees, and 
other charges among members and issuers and other persons using any 
facility, and is not designed to permit unfair discrimination between 
customers, issuers, brokers, or dealers. The Exchange believes that it 
is reasonable, equitable and not unfairly discriminatory to clarify in 
Section II of the Schedule of Fees as to how the Exchange currently 
charges Exposure Auction orders, as further discussed above. The 
Exchange believes that the proposed change will eliminate any potential 
confusion around how Exposure Auction orders are charged today, and 
will make the Schedule of Fees more transparent to members and 
investors.
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    \21\ 15 U.S.C. 78f(b).
    \22\ 15 U.S.C. 78f(b)(4) and (5).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will 
impose any burden on competition not necessary or appropriate in 
furtherance of the purposes of the Act. The proposed change is not 
intended to address any competitive issues but rather to provide more 
clarity and transparency regarding how Exposure Auction orders are 
charged today. The Exchange operates in a highly competitive market in 
which market participants can readily favor competing venues if they 
deem fee levels at a particular venue to be excessive, or rebate 
opportunities available at other venues to be more favorable. In such 
an environment, the Exchange must continually adjust its fees to remain 
competitive with other exchanges. Because competitors are free to 
modify their own fees in response, and because market participants may 
readily adjust their order routing practices, the Exchange believes 
that the degree to which fee changes in this market may

[[Page 15664]]

impose any burden on competition is extremely limited.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    No written comments were either solicited or received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    The foregoing rule change has become effective pursuant to Section 
19(b)(3)(A)(ii) of the Act,\23\ and Rule 19b-4(f)(2) \24\ thereunder. 
At any time within 60 days of the filing of the proposed rule change, 
the Commission summarily may temporarily suspend such rule change if it 
appears to the Commission that such action is: (i) Necessary or 
appropriate in the public interest; (ii) for the protection of 
investors; or (iii) otherwise in furtherance of the purposes of the 
Act. If the Commission takes such action, the Commission shall 
institute proceedings to determine whether the proposed rule should be 
approved or disapproved.
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    \23\ 15 U.S.C. 78s(b)(3)(A)(ii).
    \24\ 17 CFR 240.19b-4(f)(2).
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IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing, including whether the proposed rule 
change is consistent with the Act. Comments may be submitted by any of 
the following methods:

Electronic Comments

     Use the Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include 
File Number SR-ISE-2018-28 on the subject line.

Paper Comments

     Send paper comments in triplicate to Secretary, Securities 
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.

All submissions should refer to File Number SR-ISE-2018-28. This file 
number should be included on the subject line if email is used. To help 
the Commission process and review your comments more efficiently, 
please use only one method. The Commission will post all comments on 
the Commission's internet website (http://www.sec.gov/rules/sro.shtml). 
Copies of the submission, all subsequent amendments, all written 
statements with respect to the proposed rule change that are filed with 
the Commission, and all written communications relating to the proposed 
rule change between the Commission and any person, other than those 
that may be withheld from the public in accordance with the provisions 
of 5 U.S.C. 552, will be available for website viewing and printing in 
the Commission's Public Reference Room, 100 F Street NE, Washington, DC 
20549, on official business days between the hours of 10:00 a.m. and 
3:00 p.m. Copies of the filing also will be available for inspection 
and copying at the principal office of the Exchange. All comments 
received will be posted without change. Persons submitting comments are 
cautioned that we do not redact or edit personal identifying 
information from comment submissions. You should submit only 
information that you wish to make available publicly. All submissions 
should refer to File Number SR-ISE-2018-28 and should be submitted on 
or before May 2, 2018.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\25\
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    \25\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-07405 Filed 4-10-18; 8:45 am]
BILLING CODE 8011-01-P
15662 Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices

Commission, 100 F Street NE, SECURITIES AND EXCHANGE A. Self-Regulatory Organization’s
Washington, DC 20549–1090. COMMISSION Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
All submissions should refer to File
[Release No. 34–82999; File No. SR–ISE– Change
Number SR–NYSEArca–2018–17. This
file number should be included on the 2018–28] 1. Purpose
subject line if email is used. To help the
Self-Regulatory Organizations; Nasdaq The purpose of the proposed rule
Commission process and review your
ISE, LLC; Notice of Filing and change is to amend the Exchange’s
comments more efficiently, please use Immediate Effectiveness of Proposed
only one method. The Commission will Schedule of Fees to provide greater
Rule Change To Amend the clarity as to how the Exchange currently
post all comments on the Commission’s Exchange’s Schedule of Fees To
internet website (http://www.sec.gov/ charges complex orders executed during
Clarify the Fees and Rebates for the an Exposure Auction pursuant to Rule
rules/sro.shtml). Copies of the Complex Order Exposure Auction
submission, all subsequent 722(b)(3)(iii). An Exposure Auction is
Pursuant to Rule 722(b)(3)(iii) automatically initiated when a member
amendments, all written statements
with respect to the proposed rule April 5, 2018. submits an eligible complex order that
change that are filed with the is marked for price improvement.3
Pursuant to Section 19(b)(1) of the Because Exposure Auctions are initiated
Commission, and all written Securities Exchange Act of 1934
communications relating to the by complex orders entered on the
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 complex order book, they are charged
proposed rule change between the notice is hereby given that on March 23,
based on the same maker/taker scheme
Commission and any person, other than 2018, Nasdaq ISE, LLC (‘‘ISE’’ or
as is applicable to other complex orders
those that may be withheld from the ‘‘Exchange’’) filed with the Securities
that are executed on the complex order
public in accordance with the and Exchange Commission
(‘‘Commission’’) the proposed rule book rather than the separate pricing
provisions of 5 U.S.C. 552, will be
change as described in Items I and II defined for Crossing Orders.4
available for website viewing and
below, which Items have been prepared Specifically, the Exchange treats the
printing in the Commission’s Public
by the Exchange. The Commission is originating side of Exposure Auction
Reference Room, 100 F Street NE,
publishing this notice to solicit orders as adding liquidity, and the
Washington, DC 20549 on official
comments on the proposed rule change contra side as taking liquidity, for the
business days between the hours of
from interested persons. purpose of determining applicable fees
10:00 a.m. and 3:00 p.m. Copies of the
and rebates. Since the Schedule of Fees
filing also will be available for I. Self-Regulatory Organization’s does not currently indicate the manner
inspection and copying at the principal Statement of the Terms of Substance of in which the Exchange treats the
office of the Exchange. All comments the Proposed Rule Change originating or contra side of Exposure
received will be posted without change. Auction orders, the Exchange proposes
Persons submitting comments are The Exchange proposes to amend the
Exchange’s Schedule of Fees to provide to add the following language in Section
cautioned that we do not redact or edit II: ‘‘During an ‘‘exposure’’ auction
personal identifying information from greater clarity as to how the Exchange
currently charges complex orders pursuant to Rule 722(b)(3)(iii), the
comment submissions. You should originating side of the auction order will
submit only information that you wish executed during an exposure auction
pursuant to Rule 722(b)(3)(iii) be assessed the applicable maker fee or
to make available publicly. All rebate, and the contra side will be
submissions should refer to File (‘‘Exposure Auction’’).
assessed the applicable taker fee or
Number SR–NYSEArca–2018–17 and The text of the proposed rule change
rebate.’’
should be submitted on or before May is available on the Exchange’s website at
2, 2018. http://ise.cchwallstreet.com/, at the Thus, based on current rates, the
principal office of the Exchange, and at Exchange charges the originating side of
For the Commission, by the Division of the Commission’s Public Reference Non-Priority Customer 5 Exposure
Trading and Markets, pursuant to delegated Room. Auction orders that trade against other
authority.20 Non-Priority Customer orders a maker
Eduardo A. Aleman, II. Self-Regulatory Organization’s fee of $0.10 per contract in Select
Assistant Secretary. Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
[FR Doc. 2018–07406 Filed 4–10–18; 8:45 am] 3 Pursuant to Rule 722(b)(3)(iii), the marked
Change complex order is exposed for a period of up to one-
BILLING CODE 8011–01–P
second. When the Exchange first adopted Rule
In its filing with the Commission, the 722(b)(3)(iii), it indicated that this exposure period,
Exchange included statements which provided members an opportunity for price
concerning the purpose of and basis for improvement, was not considered an ‘‘auction.’’ See
Securities Exchange Act Release No. 57706 (April
the proposed rule change and discussed 24, 2008), 73 FR 23517 (April 30, 2008) (SR–ISE–
any comments it received on the 2007–77) (‘‘2007 Filing’’). Notwithstanding the 2007
proposed rule change. The text of these Filing, this feature would be considered an auction
statements may be examined at the today.
4 A ‘‘Crossing Order’’ is an order executed in the
places specified in Item IV below. The
Exchange’s Facilitation Mechanism, Solicited Order
amozie on DSK30RV082PROD with NOTICES

Exchange has prepared summaries, set Mechanism, Price Improvement Mechanism (PIM)
forth in sections A, B, and C below, of or submitted as a Qualified Contingent Cross order.
the most significant aspects of such For purposes of the Fee Schedule, orders executed
statements. in the Block Order Mechanism are also considered
Crossing Orders.
5 Non-Priority Customer includes Market Maker,
1 15 U.S.C. 78s(b)(1). Non-Nasdaq ISE Market Maker, Firm Proprietary,
20 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4. Broker-Dealer, and Professional Customer.

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15664 Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices

impose any burden on competition is change that are filed with the types of secured transactions, and (3)
extremely limited. Commission, and all written how to coordinate between the Law and
communications relating to the the State’s prudential regulatory
C. Self-Regulatory Organization’s
proposed rule change between the framework. Additionally, the Working
Statement on Comments on the
Commission and any person, other than Group will discuss possible future work.
Proposed Rule Change Received From
those that may be withheld from the Documents for the session are available
Members, Participants, or Others
public in accordance with the at http://www.uncitral.org/uncitral/en/
No written comments were either provisions of 5 U.S.C. 552, will be commission/working_groups/6Security_
solicited or received. available for website viewing and Interests.htl
III. Date of Effectiveness of the printing in the Commission’s Public Time and Place: The public meeting
Proposed Rule Change and Timing for Reference Room, 100 F Street NE, will take place on April 26 from 10 a.m.
Commission Action Washington, DC 20549, on official to 12:30 p.m. EDT, via conference call.
business days between the hours of Public Participation: Those planning
The foregoing rule change has become 10:00 a.m. and 3:00 p.m. Copies of the to participate should email pil@state.gov
effective pursuant to Section filing also will be available for to obtain the call-in number. The
19(b)(3)(A)(ii) of the Act,23 and Rule inspection and copying at the principal number will not be given out until the
19b–4(f)(2) 24 thereunder. At any time office of the Exchange. All comments afternoon before the public meeting.
within 60 days of the filing of the received will be posted without change.
proposed rule change, the Commission Michael J. Dennis,
Persons submitting comments are
summarily may temporarily suspend Attorney-Adviser, Office of Private
cautioned that we do not redact or edit International Law, Office of the Legal Adviser,
such rule change if it appears to the personal identifying information from
Commission that such action is: (i) Department of State.
comment submissions. You should [FR Doc. 2018–07457 Filed 4–10–18; 8:45 am]
Necessary or appropriate in the public submit only information that you wish
interest; (ii) for the protection of to make available publicly. All
BILLING CODE 4710–08–P
investors; or (iii) otherwise in submissions should refer to File
furtherance of the purposes of the Act. Number SR–ISE–2018–28 and should be
If the Commission takes such action, the submitted on or before May 2, 2018. STATE JUSTICE INSTITUTE
Commission shall institute proceedings
For the Commission, by the Division of SJI Board of Directors Meeting, Notice
to determine whether the proposed rule
Trading and Markets, pursuant to delegated
should be approved or disapproved. authority.25 AGENCY: State Justice Institute.
IV. Solicitation of Comments Eduardo A. Aleman, ACTION: Notice of meeting.
Interested persons are invited to Assistant Secretary.
SUMMARY: The SJI Board of Directors
submit written data, views, and [FR Doc. 2018–07405 Filed 4–10–18; 8:45 am]
will be meeting on Monday, April 23,
arguments concerning the foregoing, BILLING CODE 8011–01–P 2018 at 1:00 p.m. The meeting will be
including whether the proposed rule held at the St. Louis County Courthouse,
change is consistent with the Act. 105 S. Central Avenue, Clayton,
Comments may be submitted by any of DEPARTMENT OF STATE Missouri. The purpose of this meeting is
the following methods: to consider grant applications for the
[Public Notice: 10386]
Electronic Comments 2nd quarter of FY 2018, and other
U.S. Department of State Advisory business. All portions of this meeting
• Use the Commission’s internet Committee on Private International are open to the public.
comment form (http://www.sec.gov/ Law (ACPIL): Public Meeting on ADDRESSES: St. Louis County
rules/sro.shtml); or Security Interest
• Send an email to rule-comments@ Courthouse, 105 S. Central Avenue,
sec.gov. Please include File Number SR– The Office of the Assistant Legal Clayton, Missouri 63105.
ISE–2018–28 on the subject line. Adviser for Private International Law, FOR FURTHER INFORMATION CONTACT:
Department of State, hereby gives notice Jonathan Mattiello, Executive Director,
Paper Comments State Justice Institute, 11951 Freedom
that the Advisory Committee on Private
• Send paper comments in triplicate International Law (ACPIL) will hold a Drive, Suite 1020, Reston, VA 20190,
to Secretary, Securities and Exchange public meeting via teleconference to 571–313–8843, contact@sji.gov.
Commission, 100 F Street NE, discuss the next session of the Jonathan D. Mattiello,
Washington, DC 20549–1090. UNCITRAL WG VI (Security Interests). Executive Director.
All submissions should refer to File The next meeting of UNCITRAL
[FR Doc. 2018–07461 Filed 4–10–18; 8:45 am]
Number SR–ISE–2018–28. This file Working Group VI is scheduled for
BILLING CODE P
number should be included on the April 30–May 4, 2018. This public
subject line if email is used. To help the meeting is not a meeting of the full
Commission process and review your Advisory Committee.
comments more efficiently, please use This public meeting will discuss the SUSQUEHANNA RIVER BASIN
only one method. The Commission will Draft Practice Guide to the UNCITRAL COMMISSION
post all comments on the Commission’s Model Law on Secured Transactions.
Projects Rescinded for Consumptive
internet website (http://www.sec.gov/ The Draft Practice Guide provides
Uses of Water
amozie on DSK30RV082PROD with NOTICES

rules/sro.shtml). Copies of the guidance to users of the Model Law on
submission, all subsequent Secured Transactions on (1) the types of AGENCY: Susquehanna River Basin
amendments, all written statements financing transactions that are possible Commission.
with respect to the proposed rule under the law, (2) how to do a number ACTION: Notice.
of common and commercially important
23 15 U.S.C. 78s(b)(3)(A)(ii). SUMMARY: This notice lists the approved
24 17 CFR 240.19b–4(f)(2). 25 17 CFR 200.30–3(a)(12). by rule projects rescinded by the

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Document Created: 2018-04-10 23:59:18
Document Modified: 2018-04-10 23:59:18
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		83 FR 15662