83 FR 22563 - Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Reorganize and Amend Chapter XV, Section 3, entitled BX Options Market-Ports and Other Services

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 94 (May 15, 2018)

Page Range		22563-22565
FR Document		2018-10252
Federal Register, Volume 83 Issue 94 (Tuesday, May 15, 2018)
[Federal Register Volume 83, Number 94 (Tuesday, May 15, 2018)]
[Notices]
[Pages 22563-22565]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-10252]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83192; File No. SR-BX-2018-017]


Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing 
and Immediate Effectiveness of a Proposed Rule Change To Reorganize and 
Amend Chapter XV, Section 3, entitled BX Options Market--Ports and 
Other Services

May 9, 2018.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given 
that on April 27, 2018, Nasdaq BX, Inc. (``BX'' 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 reorganize and amend Chapter XV, Section 
3, entitled ``BX Options Market--Ports and Other Services.''
    The text of the proposed rule change is available on the Exchange's 
website at http://nasdaqbx.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 the 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to reorganize and amend Chapter XV, Section 
3, entitled ``BX Options Market--Ports and Other Services.'' The 
Exchange offers various services across its 6 affiliated options 
markets, BX, The Nasdaq Options Market LLC, Nasdaq Phlx LLC, Nasdaq 
ISE, LLC, Nasdaq GEMX, LLC and Nasdaq MRX, LLC (``Nasdaq Affiliated 
Markets'').\3\ The Exchange desires to rename services to conform the 
naming of the offerings across all Nasdaq Affiliated Markets. The 
Exchange proposes to reorganize Section 3 to list order and quote 
protocols first, order and execution offerings next, followed by data 
ports and other ports as the last section. The Exchange proposes to 
list data offerings which are offered at no cost. The Exchange believes 
that aligning its offerings, where relevant, across the Nasdaq 
Affiliated Markets will provide more transparency as to the offerings 
for market participants.
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    \3\ The Exchange will file a similar rule change on each Nasdaq 
Affiliated Market to conform the offerings by amending naming to 
make them similar and delineating each offering on the fee schedule 
where no fee is assessed.
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Ports
    The Exchange proposes to define a port within Section 3 to provide 
additional clarity to the fee schedule as ``a logical connection or 
session that enables a market participant to send inbound messages and/
or receive outbound messages from the Exchange using various 
communication protocols.'' The Exchange believes this definition will 
assist Participants in distinguishing ports from other offerings.
Order and Quote Protocols
    The Exchange proposes to add a new section (i) and include the 
following introductory sentence, ``The following order and quote 
protocols are available on BX.'' Today, BX offers market participants 
an Order Entry order protocol and an SQF quote protocol. These fees 
currently exist on the fee schedule. The Exchange is not amending any 
pricing related to these protocols. The Exchange proposes to rename 
``Order Entry Port Fee'' as ``FIX Port Fee.'' This description is more 
accurate as ``FIX'' is the name of the order entry protocol. A 
Participant may request an SQF Port or an SQF Purge Port, the price is 
$500 for either port. SQF is an interface that allows market makers to 
connect and send quotes, sweeps and auction responses into the 
Exchange. The SQF Purge port only receives and notifies of purge 
requests from the market maker. The proposal is to include a line item 
for each offering because a market participant may either select an SQF 
port or an SQF Purge Port and both are assessed the same $500 fee. The 
price does not vary. The Exchange separately lists these offerings on 
Nasdaq ISE, LLC. A separate line item will make clear that there are 
two options for this offering. The price of the SQF Purge Port is not 
being amended.
    The Exchange believes that grouping the available order and quote 
protocols together into their own subsection will provide greater 
transparency within its fee schedule as to the available protocols.
Order and Execution Information
    The Exchange proposes to add a new section (ii) and add the 
following introductory sentence, ``The following order and execution 
information is available to Participants.'' The Exchange proposes to 
group the available order and execution information that is particular 
to a Participant's executions on BX into its own subsection. Today, BX 
offers CTI, Order Entry DROP and

[[Page 22564]]

TradeInfo. The Exchange proposes to rename ``Order Entry DROP'' as 
``FIX DROP'' for the reasons described above. Nasdaq ISE, LLC uses the 
term FIX DROP. The Exchange proposes to add the word ``Interface'' 
after ``TradeInfo'' to make clear that this particular offering is an 
interface. The Exchange proposes to relocate these current fees into 
section (ii). No changes are being made to pricing and these fees exist 
today within Section 3.

Data Ports

    The Exchange proposes to add a new section (iii) and include the 
following information, ``The following data ports fees apply in 
connection with data subscriptions pursuant to BX Rules at Chapter XV, 
Section 4. The below port fees do not apply if the subscription is 
delivered via multicast.'' The following sentence is simply being 
relocated, ``These ports are available to non-BX Participants and BX 
Participants.'' The Exchange believes the addition of this sentence 
makes clear where the related applicable data fees can be located and 
when the fees for ports are charged. The Exchange notes that if the 
subscription is delivered via multicast, the port fee is not charged. 
There are multiple ways in which data can be communicated. Multicast 
refers to sending data across a network to several users as [sic] a 
time. Unicast on the other hand sends data across a network to a single 
recipient. Finally, TCP, which stands for Transmission Control Protocol 
and is also known as ``TCP/IP'' refers to the suite which includes the 
internet Protocol, provides host-to-host connectivity. Today, the 
Exchange requires a port when a Participant utilized Unicast and TCP/IP 
delivery, but does not required [sic] a port when a Participant selects 
multicast delivery. The Exchange believes this additional information 
will add more transparency to the fee schedule for Participants 
selecting data transmission options. The Exchange notes the current 
offerings for BX Depth and BX Top are being relocated within this 
section. No changes are being made to the fees.
Other Ports
    The Exchange proposes to adopt a new section (iv) entitled ``Other 
Ports'' to include Disaster Recovery Ports. Today, the Exchange offers 
Disaster Recovery Ports for all the ports reorganized into proposed 
subsections (i), (ii) and (iii). The Exchange is noting that these 
ports are available at no cost to make clear their availability.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent 
with Section 6(b) of the Securities Exchange Act of 1934,\4\ in 
general, and furthers the objectives of Section 6(b)(5) of the Act,\5\ 
in particular, in that it is designed to promote just and equitable 
principles of trade, to remove impediments to and perfect the mechanism 
for a free and open market and a national market system, and, in 
general, to protect investors and the public interest, by providing 
greater transparency as to the order and execution information offered 
on BX. The Exchange's proposal to reorganize Section 3 and rename 
certain offerings to conform to other Nasdaq Affiliated Markets will 
provide clarity as to the offerings and uniformity in naming similar 
offerings. The Exchange believes that its new structure makes clear the 
differences in its offerings and the availability of various options 
within each type of offering. The Exchange's proposal is consistent 
with the protection of investors and the public interest in that the 
proposal provides greater transparency as to the offerings, the 
application of fees and the availability of offerings which are offered 
at no cost. The Exchange's proposal to define a port should also 
provide market participants with greater insight into the terminology 
utilized within Section 3.
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    \4\ 15 U.S.C. 78f(b).
    \5\ 15 U.S.C. 78f(b)(5).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    In accordance with Section 6(b)(8) of the Act,\6\ the Exchange does 
not believe that the proposed rule change will impose any burden on 
intermarket or intra-market competition that is not necessary or 
appropriate in furtherance of the purposes of the Act. The Exchange's 
proposal does not impose an undue burden on competition, rather the 
Exchange is seeking to provide greater transparency within its rules 
with respect to the various order and execution information offered on 
BX. The offerings are available to all Participants. The Exchange does 
not intend to amend pricing, rather it proposes to make clear the 
application of the current pricing.
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    \6\ 15 U.S.C. 78f(b)(8).
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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

    Because the proposed rule change does not (i) significantly affect 
the protection of investors or the public interest; (ii) impose any 
significant burden on competition; and (iii) become operative for 30 
days from the date on which it was filed, or such shorter time as the 
Commission may designate if consistent with the protection of investors 
and the public interest, the proposed rule change has become effective 
pursuant to Section 19(b)(3)(A) of the Act \7\ and Rule 19b-4(f)(6) 
thereunder.\8\
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    \7\ 15 U.S.C. 78s(b)(3)(A).
    \8\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii) 
requires the Exchange to give the Commission written notice of the 
Exchange's intent to file the proposed rule change, along with a 
brief description and text of the proposed rule change, at least 
five business days prior to the date of filing of the proposed rule 
change, or such shorter time as designated by the Commission. The 
Exchange has satisfied this requirement.
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    A proposed rule change filed under Rule 19b-4(f)(6) \9\ normally 
does not become operative for 30 days after the date of filing. 
However, pursuant to Rule 19b-4(f)(6)(iii),\10\ the Commission may 
designate a shorter time if such action is consistent with the 
protection of investors and the public interest. The Exchange has asked 
the Commission to waive the 30-day operative delay so that the proposal 
may become operative immediately upon filing. The Exchange states that 
such waiver will allow it to update its rules immediately to provide 
more detailed and reorganized information regarding its offerings and 
further the protection of investors and the public interest because it 
will provide greater transparency as to the offerings available to 
members. For this reason, the Commission believes that waiving the 30-
day operative delay is consistent with the protection of investors and 
the public interest and, therefore, the Commission designates the 
proposed rule change to be operative upon filing.\11\
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    \9\ 17 CFR 240.19b-4(f)(6).
    \10\ 17 CFR 240.19b-4(f)(6)(iii).
    \11\ For purposes only of waiving the 30-day operative delay, 
the Commission has also considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
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    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 necessary or 
appropriate in the public interest, for the protection of investors, or 
otherwise in furtherance of the purposes of the Act. If the

[[Page 22565]]

Commission takes such action, the Commission shall institute 
proceedings to determine whether the proposed rule should be approved 
or disapproved.

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 rule-comments@sec.gov. Please include 
File Number SR-BX-2018-017 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-BX-2018-017. 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-BX-2018-017, and should be submitted on 
or before June 5, 2018.
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    \12\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\12\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-10252 Filed 5-14-18; 8:45 am]
 BILLING CODE 8011-01-P
Federal Register / Vol. 83, No. 94 / Tuesday, May 15, 2018 / Notices 22563

though such ownership will exist for publishing this notice to solicit more transparency as to the offerings for
only a momentary period of time. comments on the proposed rule change market participants.
14. The Applicants submit that the from interested persons.
requested exemption from sections Ports
12(d)(1)(A) and 12(d)(1)(C) meets the I. Self-Regulatory Organization’s The Exchange proposes to define a
standards set forth in section 12(d)(1)(J). Statement of the Terms of Substance of port within Section 3 to provide
Section 12(d)(1)(J) provides that ‘‘the the Proposed Rule Change additional clarity to the fee schedule as
Commission, by rule or regulation, upon The Exchange proposes to reorganize ‘‘a logical connection or session that
its own motion or by order upon and amend Chapter XV, Section 3, enables a market participant to send
application, may conditionally or entitled ‘‘BX Options Market—Ports and inbound messages and/or receive
unconditionally exempt any person, Other Services.’’ outbound messages from the Exchange
security, or transaction, or any class or The text of the proposed rule change using various communication
classes of persons, securities, or is available on the Exchange’s website at protocols.’’ The Exchange believes this
transactions from any provision of this http://nasdaqbx.cchwallstreet.com/, at definition will assist Participants in
subsection, if and to the extent that such the principal office of the Exchange, and distinguishing ports from other
exemption is consistent with the public at the Commission’s Public Reference offerings.
interest and the protection of investors.’’ Room. Order and Quote Protocols
15. The Applicants state that the
Proposed Transactions are consistent II. Self-Regulatory Organization’s The Exchange proposes to add a new
with the public interest in that they are Statement of the Purpose of, and section (i) and include the following
intended to result in a benefit to non- Statutory Basis for, the Proposed Rule introductory sentence, ‘‘The following
electing Unitholders, Electing Change order and quote protocols are available
Unitholders and potential future In its filing with the Commission, the on BX.’’ Today, BX offers market
investors in the Extension Fund. The Exchange included statements participants an Order Entry order
Applicants also state that the Proposed concerning the purpose of and basis for protocol and an SQF quote protocol.
Transactions are consistent with the proposed rule change and discussed These fees currently exist on the fee
investor protection because the any comments it received on the schedule. The Exchange is not
momentary holding by the Fund of proposed rule change. The text of these amending any pricing related to these
Shares of the Existing Fund does not statements may be examined at the protocols. The Exchange proposes to
raise any of the concerns that Sections places specified in Item IV below. The rename ‘‘Order Entry Port Fee’’ as ‘‘FIX
12(d)(1)(A) and (C) were intended to Exchange has prepared summaries, set Port Fee.’’ This description is more
address. forth in sections A, B, and C below, of accurate as ‘‘FIX’’ is the name of the
For the Commission, by the Division of the most significant aspects of such order entry protocol. A Participant may
Investment Management, under delegated statements. request an SQF Port or an SQF Purge
authority. Port, the price is $500 for either port.
A. Self-Regulatory Organization’s SQF is an interface that allows market
Eduardo A. Aleman,
Statement of the Purpose of, and the makers to connect and send quotes,
Assistant Secretary.
Statutory Basis for, the Proposed Rule sweeps and auction responses into the
[FR Doc. 2018–10246 Filed 5–14–18; 8:45 am] Change Exchange. The SQF Purge port only
BILLING CODE 8011–01–P
1. Purpose receives and notifies of purge requests
from the market maker. The proposal is
The Exchange proposes to reorganize to include a line item for each offering
SECURITIES AND EXCHANGE and amend Chapter XV, Section 3,
COMMISSION because a market participant may either
entitled ‘‘BX Options Market—Ports and select an SQF port or an SQF Purge Port
[Release No. 34–83192; File No. SR–BX– Other Services.’’ The Exchange offers and both are assessed the same $500 fee.
2018–017] various services across its 6 affiliated The price does not vary. The Exchange
options markets, BX, The Nasdaq separately lists these offerings on
Self-Regulatory Organizations; Nasdaq Options Market LLC, Nasdaq Phlx LLC,
BX, Inc.; Notice of Filing and Nasdaq ISE, LLC. A separate line item
Nasdaq ISE, LLC, Nasdaq GEMX, LLC will make clear that there are two
Immediate Effectiveness of a Proposed and Nasdaq MRX, LLC (‘‘Nasdaq
Rule Change To Reorganize and options for this offering. The price of the
Affiliated Markets’’).3 The Exchange SQF Purge Port is not being amended.
Amend Chapter XV, Section 3, entitled desires to rename services to conform
BX Options Market—Ports and Other The Exchange believes that grouping
the naming of the offerings across all the available order and quote protocols
Services Nasdaq Affiliated Markets. The together into their own subsection will
May 9, 2018. Exchange proposes to reorganize provide greater transparency within its
Pursuant to Section 19(b)(1) of the Section 3 to list order and quote fee schedule as to the available
Securities Exchange Act of 1934 (the protocols first, order and execution protocols.
‘‘Act’’),1 and Rule 19b–4 thereunder,2 offerings next, followed by data ports
and other ports as the last section. The Order and Execution Information
notice is hereby given that on April 27,
2018, Nasdaq BX, Inc. (‘‘BX’’ or Exchange proposes to list data offerings The Exchange proposes to add a new
‘‘Exchange’’) filed with the Securities which are offered at no cost. The section (ii) and add the following
and Exchange Commission Exchange believes that aligning its introductory sentence, ‘‘The following
daltland on DSKBBV9HB2PROD with NOTICES

(‘‘Commission’’) the proposed rule offerings, where relevant, across the order and execution information is
change as described in Items I and II Nasdaq Affiliated Markets will provide available to Participants.’’ The Exchange
below, which Items have been prepared proposes to group the available order
3 The Exchange will file a similar rule change on
by the Exchange. The Commission is and execution information that is
each Nasdaq Affiliated Market to conform the
offerings by amending naming to make them similar
particular to a Participant’s executions
1 15 U.S.C. 78s(b)(1). and delineating each offering on the fee schedule on BX into its own subsection. Today,
2 17 CFR 240.19b–4. where no fee is assessed. BX offers CTI, Order Entry DROP and

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22564 Federal Register / Vol. 83, No. 94 / Tuesday, May 15, 2018 / Notices

TradeInfo. The Exchange proposes to 2. Statutory Basis III. Date of Effectiveness of the
rename ‘‘Order Entry DROP’’ as ‘‘FIX Proposed Rule Change and Timing for
The Exchange believes that the
DROP’’ for the reasons described above. Commission Action
proposed rule change is consistent with
Nasdaq ISE, LLC uses the term FIX Section 6(b) of the Securities Exchange Because the proposed rule change
DROP. The Exchange proposes to add Act of 1934,4 in general, and furthers the does not (i) significantly affect the
the word ‘‘Interface’’ after ‘‘TradeInfo’’ objectives of Section 6(b)(5) of the Act,5 protection of investors or the public
to make clear that this particular in particular, in that it is designed to interest; (ii) impose any significant
offering is an interface. The Exchange promote just and equitable principles of burden on competition; and (iii) become
proposes to relocate these current fees trade, to remove impediments to and operative for 30 days from the date on
into section (ii). No changes are being perfect the mechanism for a free and which it was filed, or such shorter time
made to pricing and these fees exist open market and a national market as the Commission may designate if
today within Section 3. system, and, in general, to protect consistent with the protection of
investors and the public interest, by investors and the public interest, the
Data Ports
providing greater transparency as to the proposed rule change has become
The Exchange proposes to add a new order and execution information offered effective pursuant to Section 19(b)(3)(A)
section (iii) and include the following on BX. The Exchange’s proposal to of the Act 7 and Rule 19b–4(f)(6)
reorganize Section 3 and rename certain thereunder.
8
information, ‘‘The following data ports A proposed rule change filed under
fees apply in connection with data offerings to conform to other Nasdaq
Affiliated Markets will provide clarity Rule 19b–4(f)(6) 9 normally does not
subscriptions pursuant to BX Rules at become operative for 30 days after the
Chapter XV, Section 4. The below port as to the offerings and uniformity in
fees do not apply if the subscription is naming similar offerings. The Exchange date of filing. However, pursuant to
believes that its new structure makes Rule 19b–4(f)(6)(iii),10 the Commission
delivered via multicast.’’ The following may designate a shorter time if such
sentence is simply being relocated, clear the differences in its offerings and
the availability of various options action is consistent with the protection
‘‘These ports are available to non-BX of investors and the public interest. The
within each type of offering. The
Participants and BX Participants.’’ The Exchange has asked the Commission to
Exchange’s proposal is consistent with
Exchange believes the addition of this waive the 30-day operative delay so that
the protection of investors and the
sentence makes clear where the related public interest in that the proposal the proposal may become operative
applicable data fees can be located and provides greater transparency as to the immediately upon filing. The Exchange
when the fees for ports are charged. The offerings, the application of fees and the states that such waiver will allow it to
Exchange notes that if the subscription availability of offerings which are update its rules immediately to provide
is delivered via multicast, the port fee offered at no cost. The Exchange’s more detailed and reorganized
is not charged. There are multiple ways proposal to define a port should also information regarding its offerings and
in which data can be communicated. provide market participants with greater further the protection of investors and
Multicast refers to sending data across a insight into the terminology utilized the public interest because it will
network to several users as [sic] a time. within Section 3. provide greater transparency as to the
Unicast on the other hand sends data offerings available to members. For this
across a network to a single recipient. B. Self-Regulatory Organization’s reason, the Commission believes that
Finally, TCP, which stands for Statement on Burden on Competition waiving the 30-day operative delay is
Transmission Control Protocol and is In accordance with Section 6(b)(8) of consistent with the protection of
also known as ‘‘TCP/IP’’ refers to the the Act,6 the Exchange does not believe investors and the public interest and,
suite which includes the internet that the proposed rule change will therefore, the Commission designates
Protocol, provides host-to-host impose any burden on intermarket or the proposed rule change to be operative
connectivity. Today, the Exchange intra-market competition that is not upon filing.11
necessary or appropriate in furtherance At any time within 60 days of the
requires a port when a Participant
of the purposes of the Act. The filing of the proposed rule change, the
utilized Unicast and TCP/IP delivery,
but does not required [sic] a port when Exchange’s proposal does not impose an Commission summarily may
undue burden on competition, rather temporarily suspend such rule change if
a Participant selects multicast delivery.
the Exchange is seeking to provide it appears to the Commission that such
The Exchange believes this additional action is necessary or appropriate in the
information will add more transparency greater transparency within its rules
with respect to the various order and public interest, for the protection of
to the fee schedule for Participants investors, or otherwise in furtherance of
selecting data transmission options. The execution information offered on BX.
The offerings are available to all the purposes of the Act. If the
Exchange notes the current offerings for
BX Depth and BX Top are being Participants. The Exchange does not 7 15 U.S.C. 78s(b)(3)(A).

relocated within this section. No intend to amend pricing, rather it 8 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–

changes are being made to the fees. proposes to make clear the application 4(f)(6)(iii) requires the Exchange to give the
of the current pricing. Commission written notice of the Exchange’s intent
Other Ports to file the proposed rule change, along with a brief
C. Self-Regulatory Organization’s description and text of the proposed rule change,
The Exchange proposes to adopt a Statement on Comments on the at least five business days prior to the date of filing
Proposed Rule Change Received From of the proposed rule change, or such shorter time
new section (iv) entitled ‘‘Other Ports’’ as designated by the Commission. The Exchange
daltland on DSKBBV9HB2PROD with NOTICES

to include Disaster Recovery Ports. Members, Participants, or Others has satisfied this requirement.
Today, the Exchange offers Disaster No written comments were either 9 17 CFR 240.19b–4(f)(6).

Recovery Ports for all the ports solicited or received. 10 17 CFR 240.19b–4(f)(6)(iii).
11 For purposes only of waiving the 30-day
reorganized into proposed subsections
operative delay, the Commission has also
(i), (ii) and (iii). The Exchange is noting 4 15 U.S.C. 78f(b). considered the proposed rule’s impact on
that these ports are available at no cost 5 15 U.S.C. 78f(b)(5). efficiency, competition, and capital formation. See
to make clear their availability. 6 15 U.S.C. 78f(b)(8). 15 U.S.C. 78c(f).

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Document Created: 2018-05-15 00:34:08
Document Modified: 2018-05-15 00:34:08
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 22563