83_FR_40268 83 FR 40112 - Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of SolidX Bitcoin Shares Issued by the VanEck SolidX Bitcoin Trust

83 FR 40112 - Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of SolidX Bitcoin Shares Issued by the VanEck SolidX Bitcoin Trust

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 156 (August 13, 2018)

Page Range40112-40113
FR Document2018-17256

Federal Register, Volume 83 Issue 156 (Monday, August 13, 2018) 
[Federal Register Volume 83, Number 156 (Monday, August 13, 2018)]
[Notices]
[Pages 40112-40113]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-17256]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83792; File No. SR-CboeBZX-2018-040]


Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To List and Trade Shares of SolidX Bitcoin Shares Issued by the 
VanEck SolidX Bitcoin Trust

August 7, 2018.
    On June 20, 2018, Cboe BZX Exchange, Inc. (``BZX'') filed with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ 
and Rule 19b-4 thereunder,\2\ a proposed rule change to list and trade 
shares of SolidX Bitcoin Shares issued by the VanEck SolidX Bitcoin 
Trust, under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares. The 
proposed rule change was published for comment in the Federal Register 
on July 2, 2018.\3\ As of August 6, 2018, the Commission has received 
more than 1,300 comments on the proposed rule change.\4\
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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. 83520 (June 26, 
2018), 83 FR 31014 (July 2, 2018).
    \4\ All comments on the proposed rule change are available on 
the Commission's website at: https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm.

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[[Page 40113]]

    Section 19(b)(2) of the Act \5\ provides that within 45 days of the 
publication of notice of the filing of a proposed rule change, or 
within such longer period up to 90 days as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding or as to which the self-regulatory organization 
consents, the Commission shall either approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved. The 
Commission is extending this 45-day time period. The Commission finds 
that it is appropriate to designate a longer period within which to 
take action on the proposed rule change so that it has sufficient time 
to consider the proposed rule change.
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    \5\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates September 30, 2018, as the date by which the 
Commission shall either approve or disapprove, or institute proceedings 
to determine whether to disapprove, the proposed rule change (File No. 
SR-CboeBZX-2018-040).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-17256 Filed 8-10-18; 8:45 am]
 BILLING CODE 8011-01-P

40112 Federal Register / Vol. 83, No. 156 / Monday, August 13, 2018 / Notices stock-option orders is reasonable and III. Date of Effectiveness of the Reference Room, 100 F Street NE, equitable as the proposed fee will cover Proposed Rule Change and Timing for Washington, DC 20549, on official the costs of developing and maintaining Commission Action business days between the hours of the systems that allow for the matching The foregoing rule change has become 10:00 a.m. and 3:00 p.m. Copies of the and processing of the stock legs of stock- effective pursuant to Section filing also will be available for option orders executed in the complex 19(b)(3)(A)(ii) of the Act,16 and Rule inspection and copying at the principal order book, as well as all fees charged 19b–4(f)(2)17 thereunder. At any time office of the Exchange. All comments by the outside venue that prints the within 60 days of the filing of the received will be posted without change. trade. The Exchange also believes it is proposed rule change, the Commission Persons submitting comments are reasonable and equitable to pass summarily may temporarily suspend cautioned that we do not redact or edit through to the Member any fees such rule change if it appears to the personal identifying information from assessed by the routing broker-dealer Commission that such action is comment submissions. You should necessary or appropriate in the public submit only information that you wish utilized by the Exchange with respect to interest, for the protection of investors, to make available publicly. All the execution of the stock leg of any or otherwise in furtherance of the submissions should refer to File such order (with such fees to be passed Number SR–MIAX–2018–18 and should through at cost). The Exchange notes purposes of the Act. If the Commission takes such action, the Commission shall be submitted on or before September 4, that another exchange has a comparable 2018. institute proceedings to determine fee for the handling of the stock leg of whether the proposed rule should be For the Commission, by the Division of stock-option orders. Specifically, approved or disapproved. Trading and Markets, pursuant to delegated Nasdaq ISE (‘‘ISE’’) charges a stock authority.18 handling fee of $0.0010 per share which IV. Solicitation of Comments Eduardo A. Aleman, is capped at $50 per order.13 The Interested persons are invited to Assistant Secretary. Exchange also believes that its proposal submit written data, views, and [FR Doc. 2018–17253 Filed 8–10–18; 8:45 am] is consistent with Section 6(b)(5) of the arguments concerning the foregoing, BILLING CODE 8011–01–P Act 14 because it will be uniformly including whether the proposed rule applied to all Members that execute change is consistent with the Act. stock-option orders in the complex Comments may be submitted by any of SECURITIES AND EXCHANGE order book on the Exchange. the following methods: COMMISSION B. Self-Regulatory Organization’s Electronic Comments Statement on Burden on Competition • Use the Commission’s internet [Release No. 34–83792; File No. SR– comment form (http://www.sec.gov/ CboeBZX–2018–040] The Exchange does not believe that rules/sro.shtml); or the proposed rule change will impose • Send an email to rule-comments@ Self-Regulatory Organizations; Cboe any burden on competition not sec.gov. Please include File Number SR– BZX Exchange, Inc.; Notice of necessary or appropriate in furtherance MIAX–2018–18 on the subject line. Designation of a Longer Period for of the purposes of the Act. The Commission Action on a Proposed Paper Comments Rule Change To List and Trade Shares proposed fee is similar to and within the range of fees charged by the Exchange’s • Send paper comments in triplicate of SolidX Bitcoin Shares Issued by the competitor.15 The Exchange notes that it to Secretary, Securities and Exchange VanEck SolidX Bitcoin Trust operates in a highly competitive market Commission, 100 F Street, NE, August 7, 2018. Washington, DC 20549–1090. in which market participants can All submissions should refer to File On June 20, 2018, Cboe BZX readily favor competing venues if they Number SR–MIAX–2018–18. This file Exchange, Inc. (‘‘BZX’’) filed with the deem fee levels at a particular venue to Securities and Exchange Commission number should be included on the be excessive. In such an environment, (‘‘Commission’’), pursuant to Section subject line if email is used. To help the the Exchange must continually adjust its 19(b)(1) of the Securities Exchange Act Commission process and review your fees to remain competitive with other comments more efficiently, please use of 1934 (‘‘Act’’) 1 and Rule 19b–4 exchanges and to attract order flow to only one method. The Commission will thereunder,2 a proposed rule change to the Exchange. For the reasons stated post all comments on the Commission’s list and trade shares of SolidX Bitcoin above, the Exchange believes that the internet website (http://www.sec.gov/ Shares issued by the VanEck SolidX proposed rule change reflects this rules/sro.shtml). Copies of the Bitcoin Trust, under BZX Rule competitive environment. submission, all subsequent 14.11(e)(4), Commodity-Based Trust amendments, all written statements Shares. The proposed rule change was C. Self-Regulatory Organization’s with respect to the proposed rule published for comment in the Federal Statement on Comments on the change that are filed with the Register on July 2, 2018.3 As of August Proposed Rule Change Received From Commission, and all written 6, 2018, the Commission has received Members, Participants, or Others more than 1,300 comments on the communications relating to the Written comments were neither proposed rule change between the proposed rule change.4 solicited nor received. Commission and any person, other than sradovich on DSK3GMQ082PROD with NOTICES those that may be withheld from the 18 17 CFR 200.30–3(a)(12). public in accordance with the 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 13 See ISE Schedule of Fees, Section II; see also provisions of 5 U.S.C. 552, will be 3 See Securities Exchange Act Release No. 83520 Securities Exchange Act Release No. 74117 (January available for website viewing and (June 26, 2018), 83 FR 31014 (July 2, 2018). 22, 2015), 80 FR 4600 (January 28, 2015) (SR–ISE– printing in the Commission’s Public 4 All comments on the proposed rule change are 2015–03). available on the Commission’s website at: https:// 14 15 U.S.C. 78f(b)(5). 16 15 U.S.C. 78s(b)(3)(A)(ii). www.sec.gov/comments/sr-cboebzx-2018-040/ 15 See supra note 13. 17 17 CFR 240.19b–4(f)(2). cboebzx2018040.htm. VerDate Sep<11>2014 20:42 Aug 10, 2018 Jkt 244001 PO 00000 Frm 00132 Fmt 4703 Sfmt 4703 E:\FR\FM\13AUN1.SGM 13AUN1

Federal Register / Vol. 83, No. 156 / Monday, August 13, 2018 / Notices 40113 Section 19(b)(2) of the Act 5 provides (a)(10), permit consideration of the SUPPLEMENTARY INFORMATION: Notice is that within 45 days of the publication of scheduled matters at the closed meeting. hereby given that as a result of the notice of the filing of a proposed rule Commissioner Jackson, as duty President’s major disaster declaration on change, or within such longer period up officer, voted to consider the items 08/02/2018, Private Non-Profit to 90 days as the Commission may listed for the closed meeting in closed organizations that provide essential designate if it finds such longer period session. services of a governmental nature may to be appropriate and publishes its The subject matters of the closed file disaster loan applications at the reasons for so finding or as to which the meeting will be: address listed above or other locally self-regulatory organization consents, Institution and settlement of announced locations. the Commission shall either approve the injunctive actions; The following areas have been proposed rule change, disapprove the Institution and settlement of determined to be adversely affected by proposed rule change, or institute administrative proceedings; the disaster: proceedings to determine whether the Resolution of litigation claims; and Primary Counties: Gogebic, Houghton, proposed rule change should be Other matters relating to enforcement Menominee. disapproved. The Commission is proceedings. The Interest Rates are: extending this 45-day time period. The At times, changes in Commission Commission finds that it is appropriate priorities require alterations in the Percent to designate a longer period within scheduling of meeting items. which to take action on the proposed For Physical Damage: CONTACT PERSON FOR MORE INFORMATION: Non-Profit Organizations With rule change so that it has sufficient time For further information and to ascertain Credit Available Elsewhere 2.500 to consider the proposed rule change. what, if any, matters have been added, Non-Profit Organizations With- Accordingly, the Commission, deleted or postponed; please contact out Credit Available Else- pursuant to Section 19(b)(2) of the Act,6 Brent J. Fields from the Office of the where ................................... 2.500 designates September 30, 2018, as the Secretary at (202) 551–5400. For Economic Injury: date by which the Commission shall Non-Profit Organizations With- Dated: August 9, 2018. either approve or disapprove, or out Credit Available Else- Brent J. Fields, where ................................... 2.500 institute proceedings to determine whether to disapprove, the proposed Secretary. rule change (File No. SR–CboeBZX– [FR Doc. 2018–17473 Filed 8–9–18; 4:15 pm] The number assigned to this disaster 2018–040). BILLING CODE 8011–01–P for physical damage is 15620B and for economic injury is 156210. For the Commission, by the Division of Trading and Markets, pursuant to delegated (Catalog of Federal Domestic Assistance authority.7 SMALL BUSINESS ADMINISTRATION Number 59008) Eduardo A. Aleman, [Disaster Declaration #15620 and #15621; Rafaela Monchek, Assistant Secretary. MICHIGAN Disaster Number MI–00066] Acting Associate Administrator for Disaster [FR Doc. 2018–17256 Filed 8–10–18; 8:45 am] Assistance. BILLING CODE 8011–01–P Presidential Declaration of a Major [FR Doc. 2018–17270 Filed 8–10–18; 8:45 am] Disaster for Public Assistance Only for BILLING CODE 8025–01–P the State of MICHIGAN SECURITIES AND EXCHANGE AGENCY: U.S. Small Business COMMISSION Administration. SMALL BUSINESS ADMINISTRATION Sunshine Act Meetings ACTION: Notice. [Disaster Declaration #15622 and #15623; California Disaster Number CA–00288] TIME AND DATE: 2:00 p.m. on Thursday, SUMMARY: This is a Notice of the August 16, 2018. Presidential declaration of a major Presidential Declaration of a Major disaster for Public Assistance Only for Disaster for the State of California PLACE: Closed Commission Hearing the State of Michigan (FEMA–4381–DR), Room 10800. AGENCY: U.S. Small Business dated 08/02/2018. STATUS: This meeting will be closed to Administration. Incident: Severe Storms, Flooding, the public. ACTION: Notice. Landslides, and Mudslides. MATTERS TO BE CONSIDERED: Incident Period: 06/16/2018 through SUMMARY: This is a Notice of the Commissioners, Counsel to the 06/18/2018. Presidential declaration of a major Commissioners, the Secretary to the DATES: Issued on 08/02/2018. disaster for the State of California Commission, and recording secretaries Physical Loan Application Deadline (FEMA–4382–DR), dated 08/04/2018. will attend the closed meeting. Certain Date: 10/01/2018. Incident: Wildfires and High Winds. staff members who have an interest in Economic Injury (EIDL) Loan Incident Period: 07/23/2018 and the matters also may be present. Application Deadline Date: 05/02/2019. continuing. The General Counsel of the ADDRESSES: Submit completed loan DATES: Issued on 08/04/2018. Commission, or his designee, has certified that, in his opinion, one or applications to: U.S. Small Business Physical Loan Application Deadline Administration, Processing and Date: 10/03/2018. sradovich on DSK3GMQ082PROD with NOTICES more of the exemptions set forth in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) Disbursement Center, 14925 Kingsport Economic Injury (EIDL) Loan and (10) and 17 CFR 200.402(a)(3), Road, Fort Worth, TX 76155. Application Deadline Date: 05/06/2019. (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and FOR FURTHER INFORMATION CONTACT: A ADDRESSES: Submit completed loan Escobar, Office of Disaster Assistance, applications to: U.S. Small Business 5 15 U.S.C. 78s(b)(2). U.S. Small Business Administration, Administration, Processing and 6 Id. 409 3rd Street SW, Suite 6050, Disbursement Center, 14925 Kingsport 7 17 CFR 200.30–3(a)(31). Washington, DC 20416, (202) 205–6734. Road, Fort Worth, TX 76155. VerDate Sep<11>2014 20:42 Aug 10, 2018 Jkt 244001 PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 E:\FR\FM\13AUN1.SGM 13AUN1


Document Created: 2018-08-11 00:27:51
Document Modified: 2018-08-11 00:27:51
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 40112 
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