83 FR 22537 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Arca Options Fee Schedule
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 83, Issue 94 (May 15, 2018)
Federal Register Volume 83, Issue 94 (May 15, 2018)
| Page Range | 22537-22539 | |
| FR Document | 2018-10262 |
[Federal Register Volume 83, Number 94 (Tuesday, May 15, 2018)] [Notices] [Pages 22537-22539] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-10262] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-83202; File No. SR-NYSEArca-2018-29] Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Arca Options Fee Schedule May 9, 2018. Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given that, on May 1, 2018, NYSE Arca, Inc. (the ``Exchange'' or ``NYSE Arca'') filed with the Securities and Exchange Commission (the ``Commission'') the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the self-regulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 15 U.S.C. 78a. \3\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend the NYSE Arca Options Fee Schedule (``Fee Schedule''). The Exchange proposes to implement the fee change effective May 1, 2018. The proposed rule change is available on the Exchange's website at www.nyse.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 self-regulatory organization 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 those 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 parts of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The purpose of this filing is to amend the Fee Schedule effective May 1, 2018. Specifically, the Exchange proposes to offer an additional incentive for Market Makers to post liquidity in the SPDR S&P 500 ETF Trust (``SPY''). Currently, Market Makers receive a $0.28 per contract credit for executions against Market Maker posted liquidity in Penny Pilot Issues and Lead Market Makers (``LMMs'') may receive an additional $.04 per contract credit (for a total of $0.32 per contract credit) for posted liquidity in Penny Pilot Issues that are in the LMM's appointment.\4\ Similarly, Market Makers may receive a $0.28 per contract credit for executions against their posted liquidity in SPY.\5\ The Exchange currently offers additional incentives (i.e., enhanced credits) to Market Makers to post liquidity.\6\ --------------------------------------------------------------------------- \4\ See Fee Schedule, Transaction Fee for Electronic Executions, Per Contract. See also Market Maker Monthly Posting Credit Tiers and Qualifications for Executions in Penny Pilot Issues and SPY (the ``MM Tiers''). \5\ See Fee Schedule, the MM Tiers, Base Rate. \6\ See id. See, e.g., the Market Maker Incentive for Penny Pilot Issues (which provides a $0.41 per contract credit for executions of Marker Maker posted interest provided the Market Maker achieves at least 0.75% of total industry Customer equity and ETF option average daily volume (``TCADV'') from Customer posted interest (e.g., from the Marker Maker's affiliate of Appointed Order Flow Provider) in all issues and an ADV from Market Maker posted interest equal to 0.70% of TCADV). --------------------------------------------------------------------------- The Exchange also offers an incentive to encourage Market Makers to post interest in SPY. A Market Maker that has posted interest of at least 0.20% of TCADV in SPY during a calendar month receives a per contract credit of $0.45 [[Page 22538]] for electronic executions against such posted interest. The Exchange proposes to add an intermediate level incentive by offering any Market Maker that has posted interest of at least 0.15% of TCADV in SPY during a calendar month, a per contract credit of $0.36 for electronic executions against such posted interest \7\ --------------------------------------------------------------------------- \7\ See proposed Fee Schedule, Market Maker Incentive for SPY (including reference to Endnote 8, which sets forth the calculations for monthly posting credits). --------------------------------------------------------------------------- As is the case today, a Market Maker that qualifies for more than one available credit will always receive the highest rebate applicable to a transaction. For example, a Market Maker that is eligible to receive both the $0.41 per contract credit via the Market Maker Incentive For Penny Pilot Issues as well as the proposed $0.36 per contract credit via the Market Maker Incentive for SPY would receive the former (higher) credit. The Exchange is not proposing any other changes to the Fee Schedule at this time. 2. Statutory Basis The Exchange believes that the proposed rule change is consistent with Section 6(b) of the Act, in general, and furthers the objectives of Sections 6(b)(4) and (5) of the Act, in particular, because it provides for the equitable allocation of reasonable dues, fees, and other charges among its members, issuers and other persons using its facilities and does not unfairly discriminate between customers, issuers, brokers or dealers. The Exchange believes that providing an intermediate incentive for executions against posted liquidity in SPY is reasonable, equitable, and not unfairly discriminatory because, among other things, it may encourage greater participation in SPY--which is consistently the most active options issue nationally. The proposed SPY incentive would also provide an additional means for Market Makers to qualify for credits for posting volume on the Exchange. By encouraging activity in SPY, the Exchange believes that opportunities to qualify for other rebates are increased, which benefits all participants through increased Market Maker activity. The Exchange also believes that encouraging a higher level of trading volume in SPY should increase opportunities for OTP Holders and OTP Firms (``OTPs'') to achieve credits available through existing incentive programs, such as the MM Tiers, which provides OTPs the ability to achieve per contract credit for electronic executions of posted Market Maker interest in SPY and other Penny Pilot names by combining the volume of the OTP with volume of their affiliates or Appointed Market Maker. To the extent that order flow, which adds liquidity, is increased by the proposal, OTPs will be encouraged to compete for the opportunity to trade on the Exchange, including by sending additional order flow to the Exchange to achieve higher tiers or enhanced rebates. The resulting increased volume and liquidity would benefit all Exchange participants by providing more trading opportunities and tighter spreads. The Exchange also believes the proposed SPY incentive is not unfairly discriminatory to non-Market Markers (i.e., Customers, Professionals Customers, Firms and Broker-Dealers) because such market participants are not subject to the burdens and heightened obligations that apply to Market Makers, such as burdensome quoting obligations and costs related to market making activities. The Exchange believes the proposed incentive is reasonable, equitable and not unfairly discriminatory because encouraging Market Makers to direct more volume to the Exchange would also contribute to the Exchange's depth of book as well as to the top of book liquidity. The Exchange also notes that the proposed credit for posting in SPY is reasonable, equitable, and not unfairly discriminatory as it is consistent with credits offered to Market Makers by other options exchanges.\8\ --------------------------------------------------------------------------- \8\ See, e.g., MIAX Pearl Fee Schedule, Section 1.a., Transaction Rebates/Fees, Exchange Rebates/Fees--Add/Remove Tiered Rebates/Fees, available here, https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_PEARL_Fee_Schedule_03082018.pdf (providing an alternative basis to achieve a $0.47 per contract credit in Penny Pilot Issues based on a specified level of SPY volume). --------------------------------------------------------------------------- For these reasons, the Exchange believes that the proposal is consistent with the Act. B. Self-Regulatory Organization's Statement on Burden on Competition In accordance with Section 6(b)(8) of the Act,\9\ the Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Act. Instead, the Exchange believes that the proposed change would encourage competition, including by attracting additional liquidity to the Exchange, which would continue to make the Exchange a more competitive venue for, among other things, order execution and price discovery. The Exchange does not believe that the proposed change would impair the ability of any market participants or competing order execution venues to maintain their competitive standing in the financial markets. Further, the incentive would not impose an unfair burden on non-Market Markers because such market participants are not subject to the burdens and heightened obligations that apply to Market Makers. --------------------------------------------------------------------------- \9\ 15 U.S.C. 78f(b)(8). --------------------------------------------------------------------------- The Exchange notes that it operates in a highly competitive market in which market participants can readily favor competing venues. In such an environment, the Exchange must continually review, and consider adjusting, its fees and credits to remain competitive with other exchanges. For the reasons described above, the Exchange believes that the proposed rule change reflects this competitive environment. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were solicited or received with respect to the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change is effective upon filing pursuant to Section 19(b)(3)(A) \10\ of the Act and subparagraph (f)(2) of Rule 19b-4 \11\ thereunder, because it establishes a due, fee, or other charge imposed by the Exchange. --------------------------------------------------------------------------- \10\ 15 U.S.C. 78s(b)(3)(A). \11\ 17 CFR 240.19b-4(f)(2). --------------------------------------------------------------------------- At any time within 60 days of the filing of such proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings under Section 19(b)(2)(B) \12\ of the Act to determine whether the proposed rule change should be approved or disapproved. --------------------------------------------------------------------------- \12\ 15 U.S.C. 78s(b)(2)(B). --------------------------------------------------------------------------- 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. [[Page 22539]] Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File No. SR-NYSEArca-2018-29 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 No. SR-NYSEArca-2018-29. 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 No. SR-NYSEArca-2018-29, and should be submitted on or before June 5, 2018. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\13\ --------------------------------------------------------------------------- \13\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018-10262 Filed 5-14-18; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 83, No. 94 / Tuesday, May 15, 2018 / Notices 22537
INFORMATION CONTACT section by to Add Priority Mail Express, Priority www.nyse.com, at the principal office of
telephone for advice on filing Mail & First-Class Package Service the Exchange, and at the Commission’s
alternatives. Contract 35 to Competitive Product List Public Reference Room.
FOR FURTHER INFORMATION CONTACT:
and Notice of Filing Materials Under
II. Self-Regulatory Organization’s
David A. Trissell, General Counsel, at Seal; Filing Acceptance Date: May 9,
Statement of the Purpose of, and
202–789–6820. 2018; Filing Authority: 39 U.S.C. 3642
Statutory Basis for, the Proposed Rule
and 39 CFR 3020.30 et seq.; Public
SUPPLEMENTARY INFORMATION: Change
Representative: Kenneth R. Moeller;
Table of Contents Comments Due: May 17, 2018. In its filing with the Commission, the
2. Docket No(s).: MC2018–149 and self-regulatory organization included
I. Introduction statements concerning the purpose of,
CP2018–215; Filing Title: USPS Request
II. Docketed Proceeding(s)
to Add Priority Mail Contract 433 to and basis for, the proposed rule change
I. Introduction Competitive Product List and Notice of and discussed any comments it received
Filing Materials Under Seal; Filing on the proposed rule change. The text
The Commission gives notice that the
Acceptance Date: May 9, 2018; Filing of those statements may be examined at
Postal Service filed request(s) for the
Authority: 39 U.S.C. 3642 and 39 CFR the places specified in Item IV below.
Commission to consider matters related
3020.30 et seq.; Public Representative: The Exchange has prepared summaries,
to negotiated service agreement(s). The
Kenneth R. Moeller; Comments Due: set forth in sections A, B, and C below,
request(s) may propose the addition or
May 17, 2018. of the most significant parts of such
removal of a negotiated service
This Notice will be published in the statements.
agreement from the market dominant or
the competitive product list, or the Federal Register. A. Self-Regulatory Organization’s
modification of an existing product Stacy L. Ruble, Statement of the Purpose of, and the
currently appearing on the market Secretary. Statutory Basis for, the Proposed Rule
dominant or the competitive product [FR Doc. 2018–10285 Filed 5–14–18; 8:45 am] Change
list. BILLING CODE 7710–FW–P 1. Purpose
Section II identifies the docket
number(s) associated with each Postal The purpose of this filing is to amend
Service request, the title of each Postal the Fee Schedule effective May 1, 2018.
SECURITIES AND EXCHANGE Specifically, the Exchange proposes to
Service request, the request’s acceptance
COMMISSION offer an additional incentive for Market
date, and the authority cited by the
Postal Service for each request. For each [Release No. 34–83202; File No. SR– Makers to post liquidity in the SPDR
request, the Commission appoints an NYSEArca–2018–29] S&P 500 ETF Trust (‘‘SPY’’).
officer of the Commission to represent Currently, Market Makers receive a
the interests of the general public in the Self-Regulatory Organizations; NYSE $0.28 per contract credit for executions
proceeding, pursuant to 39 U.S.C. 505 Arca, Inc.; Notice of Filing and against Market Maker posted liquidity
(Public Representative). Section II also Immediate Effectiveness of Proposed in Penny Pilot Issues and Lead Market
establishes comment deadline(s) Rule Change To Amend the NYSE Arca Makers (‘‘LMMs’’) may receive an
pertaining to each request. Options Fee Schedule additional $.04 per contract credit (for a
The public portions of the Postal May 9, 2018.
total of $0.32 per contract credit) for
Service’s request(s) can be accessed via posted liquidity in Penny Pilot Issues
Pursuant to Section 19(b)(1) 1 of the
the Commission’s website (http:// that are in the LMM’s appointment.4
Securities Exchange Act of 1934 (the
www.prc.gov). Non-public portions of Similarly, Market Makers may receive a
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
the Postal Service’s request(s), if any, $0.28 per contract credit for executions
notice is hereby given that, on May 1,
can be accessed through compliance against their posted liquidity in SPY.5
2018, NYSE Arca, Inc. (the ‘‘Exchange’’
with the requirements of 39 CFR The Exchange currently offers
or ‘‘NYSE Arca’’) filed with the
3007.40. additional incentives (i.e., enhanced
Securities and Exchange Commission
The Commission invites comments on credits) to Market Makers to post
(the ‘‘Commission’’) the proposed rule
whether the Postal Service’s request(s) liquidity.6
change as described in Items I, II, and
in the captioned docket(s) are consistent The Exchange also offers an incentive
III below, which Items have been
with the policies of title 39. For to encourage Market Makers to post
prepared by the self-regulatory
request(s) that the Postal Service states interest in SPY. A Market Maker that
organization. The Commission is
concern market dominant product(s), has posted interest of at least 0.20% of
publishing this notice to solicit
applicable statutory and regulatory TCADV in SPY during a calendar month
comments on the proposed rule change
requirements include 39 U.S.C. 3622, 39 receives a per contract credit of $0.45
from interested persons.
U.S.C. 3642, 39 CFR part 3010, and 39
CFR part 3020, subpart B. For request(s) I. Self-Regulatory Organization’s 4 See Fee Schedule, Transaction Fee for
Statement of the Terms of Substance of Electronic Executions, Per Contract. See also
that the Postal Service states concern Market Maker Monthly Posting Credit Tiers and
competitive product(s), applicable the Proposed Rule Change Qualifications for Executions in Penny Pilot Issues
statutory and regulatory requirements The Exchange proposes to amend the and SPY (the ‘‘MM Tiers’’).
5 See Fee Schedule, the MM Tiers, Base Rate.
include 39 U.S.C. 3632, 39 U.S.C. 3633, NYSE Arca Options Fee Schedule (‘‘Fee 6 See id. See, e.g., the Market Maker Incentive for
39 U.S.C. 3642, 39 CFR part 3015, and Schedule’’). The Exchange proposes to
daltland on DSKBBV9HB2PROD with NOTICES
Penny Pilot Issues (which provides a $0.41 per
39 CFR part 3020, subpart B. Comment implement the fee change effective May contract credit for executions of Marker Maker
deadline(s) for each request appear in 1, 2018. The proposed rule change is posted interest provided the Market Maker achieves
section II. available on the Exchange’s website at at least 0.75% of total industry Customer equity and
ETF option average daily volume (‘‘TCADV’’) from
II. Docketed Proceeding(s) 1 15
Customer posted interest (e.g., from the Marker
U.S.C. 78s(b)(1). Maker’s affiliate of Appointed Order Flow Provider)
1. Docket No(s).: MC2018–148 and 2 15 U.S.C. 78a. in all issues and an ADV from Market Maker posted
CP2018–214; Filing Title: USPS Request 3 17 CFR 240.19b–4. interest equal to 0.70% of TCADV).
VerDate Sep<11>2014 20:27 May 14, 2018 Jkt 244001 PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 E:\FR\FM\15MYN1.SGM 15MYN1](https://thefederalregister.org/doc/83_FR_22631/page/1.svg)
![Federal Register / Vol. 83, No. 94 / Tuesday, May 15, 2018 / Notices 22539
Comments may be submitted by any of SECURITIES AND EXCHANGE A. Self-Regulatory Organization’s
the following methods: COMMISSION Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Electronic Comments Change
[Release No. 34–83193; File No. SR–
• Use the Commission’s internet NASDAQ–2018–036] 1. Purpose
comment form (http://www.sec.gov/ The Exchange proposes to reorganize
rules/sro.shtml); or Self-Regulatory Organizations; The
and amend Chapter XV, Section 3,
• Send an email to rule-comments@ Nasdaq Stock Market LLC; Notice of
entitled ‘‘Nasdaq Options Market—Ports
sec.gov. Please include File No. SR– Filing and Immediate Effectiveness of and Other Services.’’ The Exchange
NYSEArca–2018–29 on the subject line. a Proposed Rule Change To offers various services across its 6
Reorganize and Amend The Nasdaq affiliated options markets, NOM,
Paper Comments Options Market LLC Chapter XV, Nasdaq BX, Inc., Nasdaq Phlx LLC,
Section 3, Entitled ‘‘Nasdaq Options Nasdaq ISE, LLC, Nasdaq GEMX, LLC
• Send paper comments in triplicate
Market—Ports and Other Services and Nasdaq MRX, LLC (‘‘Nasdaq
to Secretary, Securities and Exchange
Commission, 100 F Street NE, Affiliated Markets’’).3 The Exchange
May 9, 2018.
Washington, DC 20549–1090. desires to rename services to conform
Pursuant to Section 19(b)(1) of the the naming of the offerings across all
All submissions should refer to File No. Securities Exchange Act of 1934 (the Nasdaq Affiliated Markets. The
SR–NYSEArca–2018–29. This file ‘‘Act’’),1 and Rule 19b–4 thereunder,2 Exchange proposes to reorganize
number should be included on the notice is hereby given that on April 27, Section 3 to list order and quote
subject line if email is used. To help the 2018, The Nasdaq Stock Market LLC protocols first, order and execution
Commission process and review your (‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the offerings next, followed by data ports
comments more efficiently, please use Securities and Exchange Commission and other ports as the last section. The
only one method. The Commission will (‘‘Commission’’) the proposed rule Exchange proposes to list data offerings
post all comments on the Commission’s change as described in Items I and II which are offered at no cost. The
internet website (http://www.sec.gov/ below, which Items have been prepared Exchange is also proposing to remove
rules/sro.shtml). Copies of the obsolete pricing. The Exchange believes
by the Exchange. The Commission is
submission, all subsequent that aligning its offerings, where
publishing this notice to solicit
amendments, all written statements relevant, across the Nasdaq Affiliated
comments on the proposed rule change Markets will provide more transparency
with respect to the proposed rule from interested persons.
change that are filed with the as to the offerings for market
Commission, and all written I. Self-Regulatory Organization’s participants.
communications relating to the Statement of the Terms of Substance of Ports
proposed rule change between the the Proposed Rule Change
The Exchange proposes to define a
Commission and any person, other than port within Section 3 to provide
those that may be withheld from the The Exchange proposes to reorganize
and amend The Nasdaq Options Market additional clarity to the fee schedule as
public in accordance with the ‘‘a logical connection or session that
provisions of 5 U.S.C. 552, will be LLC (‘‘NOM’’) Chapter XV, Section 3,
entitled ‘‘Nasdaq Options Market—Ports enables a market participant to send
available for website viewing and inbound messages and/or receive
printing in the Commission’s Public and Other Services.’’
outbound messages from the Exchange
Reference Room, 100 F Street NE, The text of the proposed rule change using various communication
Washington, DC 20549, on official is available on the Exchange’s website at protocols.’’ The Exchange believes this
business days between the hours of http://nasdaq.cchwallstreet.com, at the definition will assist Participants in
10:00 a.m. and 3:00 p.m. Copies of the principal office of the Exchange, and at distinguishing ports from other
filing also will be available for the Commission’s Public Reference offerings.
inspection and copying at the principal Room.
office of the Exchange. All comments Order and Quote Protocols
received will be posted without change. II. Self-Regulatory Organization’s The Exchange proposes to add a new
Persons submitting comments are Statement of the Purpose of, and section (i) and include the following
cautioned that we do not redact or edit Statutory Basis for, the Proposed Rule introductory sentence, ‘‘The following
personal identifying information from Change order and quote protocols are available
comment submissions. You should on NOM.’’
submit only information that you wish In its filing with the Commission, the Today, NOM offers market
to make available publicly. All Exchange included statements participants an Order Entry order
submissions should refer to File No. concerning the purpose of and basis for protocol and an SQF quote protocol.
SR–NYSEArca–2018–29, and should be the proposed rule change and discussed These fees currently exist on the fee
submitted on or before June 5, 2018. any comments it received on the schedule. The Exchange is not
proposed rule change. The text of these amending any pricing related to these
For the Commission, by the Division of statements may be examined at the
Trading and Markets, pursuant to delegated
protocols. The Exchange proposes to
places specified in Item IV below. The rename ‘‘Order Entry Port Fee’’ as ‘‘FIX
authority.13
daltland on DSKBBV9HB2PROD with NOTICES
Exchange has prepared summaries, set Port Fee.’’ This description is more
Eduardo A. Aleman, forth in sections A, B, and C below, of accurate as ‘‘FIX’’ is the name of the
Assistant Secretary. the most significant aspects of such
[FR Doc. 2018–10262 Filed 5–14–18; 8:45 am] statements. 3 The Exchange will file a similar rule change on
BILLING CODE 8011–01–P
each Nasdaq Affiliated Market to conform the
offerings by amending naming to make them similar
1 15 U.S.C. 78s(b)(1). and delineating each offering on the fee schedule
13 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4. where no fee is assessed.
VerDate Sep<11>2014 20:27 May 14, 2018 Jkt 244001 PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 E:\FR\FM\15MYN1.SGM 15MYN1](https://thefederalregister.org/doc/83_FR_22631/page/3.svg)
Document Created: 2018-05-15 00:34:15
Document Modified: 2018-05-15 00:34:15
| 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 22537 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR