83_FR_38348 83 FR 38198 - Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Amend BOX Rule 7300 (Preferenced Orders) To Provide an Additional Allocation Preference to Preferred Market Makers

83 FR 38198 - Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Amend BOX Rule 7300 (Preferenced Orders) To Provide an Additional Allocation Preference to Preferred Market Makers

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 150 (August 3, 2018)

Page Range38198-38198
FR Document2018-16595

Federal Register, Volume 83 Issue 150 (Friday, August 3, 2018)
[Federal Register Volume 83, Number 150 (Friday, August 3, 2018)]
[Notices]
[Page 38198]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16595]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83737; File No. SR-BOX-2018-20]


Self-Regulatory Organizations; BOX Options Exchange LLC; Notice 
of Withdrawal of Proposed Rule Change To Amend BOX Rule 7300 
(Preferenced Orders) To Provide an Additional Allocation Preference to 
Preferred Market Makers

July 30, 2018.
    On June 13, 2018, BOX Options Exchange LLC (the ``Exchange'') filed 
with the Securities and Exchange Commission (``Commission''), pursuant 
to Section 19(b)(1) of the Securities Exchange Act of 1934 \1\ and Rule 
19b-4 thereunder,\2\ a proposed rule change to amend Exchange Rule 7300 
(Preferenced Orders) to provide an additional allocation preference to 
Preferred Market Makers. The proposed rule change was published for 
comment in the Federal Register on July 2, 2018.\3\ The Commission 
received one comment letter on the proposal.\4\ On July 25, 2018, the 
Exchange withdrew the proposed rule change (SR-BOX-2018-20).
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 83525 (June 26, 
2018), 83 FR 31006.
    \4\ See Letter to Brent J. Fields, Secretary, Commission, from 
Richard J. McDonald, Susquehanna International Group, LLP, dated 
July 23, 2018.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(12).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2018-16595 Filed 8-2-18; 8:45 am]
 BILLING CODE 8011-01-P



                                              38198                          Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Notices

                                              (e.g., FINRA).26 The Exchange’s                         organization consents, the Commission                 submit only information that you wish
                                              proposal would merely remove the                        will:                                                 to make available publicly. All
                                              requirement under its rules that broker-                  (A) by order approve or disapprove                  submissions should refer to File
                                              dealers be members of another SRO                       the proposed rule change, or                          Number SR–NYSE–2018–33 and should
                                              when they are not otherwise required to                   (B) institute proceedings to determine              be submitted on or before August 24,
                                              do so.                                                  whether the proposed rule change                      2018.
                                                 The proposed rule change would also                  should be disapproved.                                  For the Commission, by the Division of
                                              not unfairly discriminate between or                                                                          Trading and Markets, pursuant to delegated
                                                                                                      IV. Solicitation of Comments
                                              among market participants because both                                                                        authority.29
                                              current and prospective members would                     Interested persons are invited to                   Robert W. Errett,
                                              be subject to the rule. All member                      submit written data, views, and                       Deputy Secretary.
                                              organizations would be regulated in the                 arguments concerning the foregoing,
                                                                                                                                                            [FR Doc. 2018–16598 Filed 8–2–18; 8:45 am]
                                              same manner by the Exchange should                      including whether the proposed rule
                                                                                                                                                            BILLING CODE 8011–01–P
                                              they be a member of another SRO or not.                 change is consistent with the Act.
                                                 For these reasons, the Exchange                      Comments may be submitted by any of
                                              believes that the proposal is consistent                the following methods:
                                                                                                                                                            SECURITIES AND EXCHANGE
                                              with the Act.                                           Electronic Comments                                   COMMISSION
                                              B. Self-Regulatory Organization’s                         • Use the Commission’s internet                     [Release No. 34–83737; File No. SR–BOX–
                                              Statement on Burden on Competition                      comment form (http://www.sec.gov/                     2018–20]
                                                 In accordance with Section 6(b)(8) of                rules/sro.shtml); or
                                              the Act,27 the Exchange believes that the                 • Send an email to rule-comments@                   Self-Regulatory Organizations; BOX
                                              proposed rule change will not impose                    sec.gov. Please include File Number SR–               Options Exchange LLC; Notice of
                                              any burden on competition that is not                   NYSE–2018–33 on the subject line.                     Withdrawal of Proposed Rule Change
                                              necessary or appropriate in furtherance                                                                       To Amend BOX Rule 7300 (Preferenced
                                                                                                      Paper Comments
                                              of the purposes of the Act. The                                                                               Orders) To Provide an Additional
                                              proposed rule change is not designed to                    • Send paper comments in triplicate                Allocation Preference to Preferred
                                              have a competitive impact because it is                 to Secretary, Securities and Exchange                 Market Makers
                                              not intended to attract additional                      Commission, 100 F Street NE,
                                                                                                      Washington, DC 20549–1090.                            July 30, 2018.
                                              business to the Exchange. It is simply
                                                                                                      All submissions should refer to File                     On June 13, 2018, BOX Options
                                              intended to align the definition of
                                                                                                      Number SR–NYSE–2018–33. This file                     Exchange LLC (the ‘‘Exchange’’) filed
                                              ‘‘member organization’’ with that of its
                                                                                                      number should be included on the                      with the Securities and Exchange
                                              affiliates [sic] and similar definitions of
                                                                                                      subject line if email is used. To help the            Commission (‘‘Commission’’), pursuant
                                              other national securities exchanges
                                                                                                      Commission process and review your                    to Section 19(b)(1) of the Securities
                                              while ensuring the member
                                                                                                      comments more efficiently, please use                 Exchange Act of 1934 1 and Rule 19b–
                                              organizations continue to be subject to
                                                                                                      only one method. The Commission will                  4 thereunder,2 a proposed rule change
                                              comprehensive regulatory oversight.
                                                                                                      post all comments on the Commission’s                 to amend Exchange Rule 7300
                                              This proposal should also move to
                                                                                                      internet website (http://www.sec.gov/                 (Preferenced Orders) to provide an
                                              harmonize the membership
                                                                                                      rules/sro.shtml). Copies of the                       additional allocation preference to
                                              requirements between the exchange and
                                                                                                      submission, all subsequent                            Preferred Market Makers. The proposed
                                              its affiliate NYSE Arca, thereby avoiding
                                                                                                      amendments, all written statements                    rule change was published for comment
                                              potential confusion.28
                                                                                                      with respect to the proposed rule                     in the Federal Register on July 2, 2018.3
                                              C. Self-Regulatory Organization’s                       change that are filed with the                        The Commission received one comment
                                              Statement on Comments on the                            Commission, and all written                           letter on the proposal.4 On July 25,
                                              Proposed Rule Change Received From                      communications relating to the                        2018, the Exchange withdrew the
                                              Members, Participants, or Others                        proposed rule change between the                      proposed rule change (SR–BOX–2018–
                                                                                                      Commission and any person, other than                 20).
                                                No written comments were solicited
                                              or received with respect to the proposed                those that may be withheld from the                     For the Commission, by the Division of
                                              rule change.                                            public in accordance with the                         Trading and Markets, pursuant to delegated
                                                                                                      provisions of 5 U.S.C. 552, will be                   authority.5
                                              III. Date of Effectiveness of the                       available for website viewing and                     Robert W. Errett,
                                              Proposed Rule Change and Timing for                     printing in the Commission’s Public                   Deputy Secretary.
                                              Commission Action                                       Reference Room, 100 F Street NE,                      [FR Doc. 2018–16595 Filed 8–2–18; 8:45 am]
                                                Within 45 days of the date of                         Washington, DC 20549 on official                      BILLING CODE 8011–01–P
                                              publication of this notice in the Federal               business days between the hours of
                                              Register or up to 90 days (i) as the                    10:00 a.m. and 3:00 p.m. Copies of the                  29 17  CFR 200.30–3(a)(12).
                                              Commission may designate if it finds                    filing also will be available for                       1 15  U.S.C. 78s(b)(1).
                                              such longer period to be appropriate                    inspection and copying at the principal                  2 17 CFR 240.19b–4.


                                              and publishes its reasons for so finding                office of the Exchange. All comments                     3 See Securities Exchange Act Release No. 83525
amozie on DSK3GDR082PROD with NOTICES1




                                                                                                      received will be posted without change.               (June 26, 2018), 83 FR 31006.
                                              or (ii) as to which the self-regulatory                                                                          4 See Letter to Brent J. Fields, Secretary,
                                                                                                      Persons submitting comments are                       Commission, from Richard J. McDonald,
                                                26 See generally 15 U.S.C. 78o.                       cautioned that we do not redact or edit               Susquehanna International Group, LLP, dated July
                                                27 15 U.S.C. 78f(b)(8).                               personal identifying information from                 23, 2018.
                                                28 See supra note 9 and accompanying text.            comment submissions. You should                          5 17 CFR 200.30–3(a)(12).




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Document Created: 2018-11-06 10:35:38
Document Modified: 2018-11-06 10:35:38
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation83 FR 38198 

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