83_FR_47396 83 FR 47215 - Sunshine Act Meetings

83 FR 47215 - Sunshine Act Meetings

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 181 (September 18, 2018)

Page Range47215-47216
FR Document2018-20318

Federal Register, Volume 83 Issue 181 (Tuesday, September 18, 2018)
[Federal Register Volume 83, Number 181 (Tuesday, September 18, 2018)]
[Notices]
[Pages 47215-47216]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-20318]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE: 2:00 p.m. on Thursday, September 20, 2018.

PLACE: Closed Commission Hearing, Room 10800.

STATUS: This meeting will be closed to the public.

MATTERS TO BE CONSIDERED: Commissioners, Counsel to the Commissioners, 
the Secretary to the Commission, and recording secretaries will attend 
the closed meeting. Certain staff members who have an interest in the 
matters also may be present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), 
permit consideration of the scheduled matters at the closed meeting.
    Commissioner Stein, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matters of the closed meeting will be:
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings;
    Resolution of litigation claims; and
    Other matters relating to enforcement proceedings.

[[Page 47216]]

    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.

CONTACT PERSON FOR MORE INFORMATION: For further information and to 
ascertain what, if any, matters have been added, deleted or postponed; 
please contact Brent J. Fields from the Office of the Secretary at 
(202) 551-5400.

    Dated: September 13, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-20318 Filed 9-14-18; 11:15 am]
BILLING CODE 8011-01-P



                                                                         Federal Register / Vol. 83, No. 181 / Tuesday, September 18, 2018 / Notices                                                     47215

                                               advise the Exchange of any failure by                   as the Commission may designate, it has                   Washington, DC 20549 on official
                                               the Fund to comply with the continued                   become effective pursuant to Section                      business days between the hours of
                                               listing requirements, and, pursuant to                  19(b)(3)(A) of the Act 30 and Rule 19b–                   10:00 a.m. and 3:00 p.m. Copies of the
                                               its obligations under Section 19(g)(1) of               4(f)(6) thereunder.31                                     filing also will be available for
                                               the Act, the Exchange will monitor for                     At any time within 60 days of the                      inspection and copying at the principal
                                               compliance with the continued listing                   filing of the proposed rule change, the                   office of the Exchange. All comments
                                               requirements. If the Fund is not in                     Commission summarily may                                  received will be posted without change.
                                               compliance with the applicable listing                  temporarily suspend such rule change if                   Persons submitting comments are
                                               requirements, the Exchange will                         it appears to the Commission that such                    cautioned that we do not redact or edit
                                               commence delisting procedures under                     action is necessary or appropriate in the                 personal identifying information from
                                               Rule 14.12.                                             public interest, for the protection of                    comment submissions. You should
                                                  The proposed rule change is designed                 investors, or otherwise in furtherance of                 submit only information that you wish
                                               to perfect the mechanism of a free and                  the purposes of the Act.                                  to make available publicly. All
                                               open market and, in general, to protect                 IV. Solicitation of Comments                              submissions should refer to File
                                               investors and the public interest in that                                                                         Number SR–CboeBZX–2018–070, and
                                               it will facilitate the listing and trading                Interested persons are invited to                       should be submitted on or before
                                               of an exchange-traded product that                      submit written data, views, and                           October 9, 2018.
                                               principally holds Municipal Securities                  arguments concerning the foregoing,
                                                                                                       including whether the proposed rule                         For the Commission, by the Division of
                                               and that will enhance competition                                                                                 Trading and Markets, pursuant to delegated
                                               among market participants, to the                       change is consistent with the Act.
                                                                                                                                                                 authority.32
                                               benefit of investors and the marketplace.               Comments may be submitted by any of
                                                                                                       the following methods:                                    Eduardo A. Aleman,
                                               The Exchange has in place surveillance                                                                            Assistant Secretary.
                                               procedures relating to trading in the                   Electronic Comments                                       [FR Doc. 2018–20237 Filed 9–17–18; 8:45 am]
                                               Shares and may obtain information via
                                                                                                         • Use the Commission’s internet                         BILLING CODE 8011–01–P
                                               ISG from other exchanges that are
                                                                                                       comment form (http://www.sec.gov/
                                               members of ISG or with which the
                                                                                                       rules/sro.shtml); or
                                               Exchange has entered into a                               • Send an email to rule-comments@                       SECURITIES AND EXCHANGE
                                               comprehensive surveillance sharing                      sec.gov. Please include File Number SR–                   COMMISSION
                                               agreement. In addition, investors will                  CboeBZX–2018–070 on the subject line.
                                               have ready access to information                                                                                  Sunshine Act Meetings
                                               regarding the IIV and quotation and last                Paper Comments
                                               sale information for the Shares.                           • Send paper comments in triplicate                    TIME AND DATE:     2:00 p.m. on Thursday,
                                                  For the above reasons, the Exchange                  to Secretary, Securities and Exchange                     September 20, 2018.
                                               believes that the proposed rule change                  Commission, 100 F Street NE,                              PLACE: Closed Commission Hearing,
                                               is consistent with the requirements of                  Washington, DC 20549–1090.                                Room 10800.
                                               Section 6(b)(5) of the Act.                             All submissions should refer to File                      STATUS: This meeting will be closed to
                                               (B) Self-Regulatory Organization’s                      Number SR–CboeBZX–2018–070. This                          the public.
                                               Statement on Burden on Competition                      file number should be included on the
                                                                                                       subject line if email is used. To help the                MATTERS TO BE CONSIDERED:
                                                 The Exchange does not believe that                                                                              Commissioners, Counsel to the
                                                                                                       Commission process and review your
                                               the proposed rule change will impose                                                                              Commissioners, the Secretary to the
                                                                                                       comments more efficiently, please use
                                               any burden on competition that is not                                                                             Commission, and recording secretaries
                                                                                                       only one method. The Commission will
                                               necessary or appropriate in furtherance                                                                           will attend the closed meeting. Certain
                                                                                                       post all comments on the Commission’s
                                               of the purpose of the Act. The Exchange                 internet website (http://www.sec.gov/                     staff members who have an interest in
                                               notes that the proposed rule change will                rules/sro.shtml). Copies of the                           the matters also may be present.
                                               facilitate the listing and trading of an                submission, all subsequent                                   The General Counsel of the
                                               additional exchange-traded product that                 amendments, all written statements                        Commission, or his designee, has
                                               will enhance competition among market                   with respect to the proposed rule                         certified that, in his opinion, one or
                                               participants, to the benefit of investors               change that are filed with the                            more of the exemptions set forth in 5
                                               and the marketplace.                                    Commission, and all written                               U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
                                               (C) Self-Regulatory Organization’s                      communications relating to the                            and (10) and 17 CFR 200.402(a)(3),
                                               Statement on Comments on the                            proposed rule change between the                          (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
                                               Proposed Rule Change Received From                      Commission and any person, other than                     (a)(10), permit consideration of the
                                               Members, Participants or Others                         those that may be withheld from the                       scheduled matters at the closed meeting.
                                                                                                       public in accordance with the                                Commissioner Stein, as duty officer,
                                                 The Exchange has neither solicited
                                                                                                       provisions of 5 U.S.C. 552, will be                       voted to consider the items listed for the
                                               nor received written comments on the
                                                                                                       available for website viewing and                         closed meeting in closed session.
                                               proposed rule change.
                                                                                                       printing in the Commission’s Public                          The subject matters of the closed
                                               III. Date of Effectiveness of the                       Reference Room, 100 F Street NE,                          meeting will be:
                                               Proposed Rule Change and Timing for                                                                                  Institution and settlement of
                                               Commission Action                                         30 15  U.S.C. 78s(b)(3)(A).                             injunctive actions;
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                                                                                                         31 17  CFR 240.19b–4(f)(6). In addition, Rule 19b–
                                                  Because the foregoing proposed rule                                                                               Institution and settlement of
                                                                                                       4(f)(6)(iii) requires a self-regulatory organization to
                                               change does not: (i) Significantly affect               give the Commission written notice of its intent to
                                                                                                                                                                 administrative proceedings;
                                               the protection of investors or the public               file the proposed rule change, along with a brief            Resolution of litigation claims; and
                                               interest; (ii) impose any significant                   description and text of the proposed rule change,            Other matters relating to enforcement
                                                                                                       at least five business days prior to the date of filing   proceedings.
                                               burden on competition; and (iii) become                 of the proposed rule change, or such shorter time
                                               operative for 30 days from the date on                  as designated by the Commission. The Exchange
                                               which it was filed, or such shorter time                has satisfied this requirement.                             32 17   CFR 200.30–3(a)(12).



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                                               47216                      Federal Register / Vol. 83, No. 181 / Tuesday, September 18, 2018 / Notices

                                                 At times, changes in Commission                        II. Self-Regulatory Organization’s                    month over the ETP Holder’s or Market
                                               priorities require alterations in the                    Statement of the Purpose of, and                      Maker’s providing ADV in May 2018.5
                                               scheduling of meeting items.                             Statutory Basis for, the Proposed Rule                   The Exchange proposes a new pricing
                                                                                                        Change                                                tier—Step Up Tier 3—for securities with
                                               CONTACT PERSON FOR MORE INFORMATION:
                                                                                                                                                              a per share price of $1.00 or above. As
                                               For further information and to ascertain                   In its filing with the Commission, the              proposed, ETP Holders and Market
                                               what, if any, matters have been added,                   self-regulatory organization included                 Makers would qualify for the new Step
                                               deleted or postponed; please contact                     statements concerning the purpose of,                 Up Tier 3 if they directly execute
                                               Brent J. Fields from the Office of the                   and basis for, the proposed rule change               providing ADV per month of 0.15% or
                                               Secretary at (202) 551–5400.                             and discussed any comments it received                more but less than 0.20% of the US
                                                 Dated: September 13, 2018.                             on the proposed rule change. The text                 CADV and directly execute providing
                                                                                                        of those statements may be examined at                ADV that is an increase of no less than
                                               Brent J. Fields,
                                                                                                        the places specified in Item IV below.                0.075% of US CADV for that month over
                                               Secretary.                                               The Exchange has prepared summaries,                  the ETP Holder’s or Market Maker’s
                                               [FR Doc. 2018–20318 Filed 9–14–18; 11:15 am]             set forth in sections A, B, and C below,              providing ADV in May 2018. ETP
                                               BILLING CODE 8011–01–P                                   of the most significant parts of such                 Holders and Market Makers that qualify
                                                                                                        statements.                                           for Step Up Tier 3 would receive a
                                                                                                        A. Self-Regulatory Organization’s                     credit of $0.0025 per share for orders
                                               SECURITIES AND EXCHANGE                                                                                        that provide displayed liquidity to the
                                               COMMISSION                                               Statement of the Purpose of, and the
                                                                                                        Statutory Basis for, the Proposed Rule                Book in Tape A and Tape C Securities
                                                                                                                                                              and $0.0022 per share for orders that
                                                                                                        Change
                                               [Release No. 34–84103; File No. SR–                                                                            provide displayed liquidity to the Book
                                               NYSEARCA–2018–66]                                        1. Purpose                                            in Tape B Securities. For all other fees
                                                                                                                                                              and credits, tiered or basic rates apply
                                               Self-Regulatory Organizations; NYSE                         The Exchange proposes to amend the                 based on a firm’s qualifying levels.
                                               Arca, Inc.; Notice of Filing and                         Fee Schedule to introduce a new pricing                  The goal of the proposed Step Up Tier
                                               Immediate Effectiveness of Proposed                      tier, Step Up Tier 3. The Exchange                    3 pricing tier is to further incentivize
                                               Rule Change To Amend the NYSE Arca                       proposes to implement the fee change                  ETP Holders and Market Makers to
                                               Equities Fees and Charges To                             effective September 4, 2018.                          increase the orders sent directly to the
                                               Introduce a New Pricing Tier, Step Up                       The Exchange currently has a Step Up               Exchange and therefore provide
                                               Tier 3                                                   Tier pursuant to which qualifying ETP                 liquidity that supports the quality of
                                                                                                        Holders and Market Makers receive a                   price discovery and promotes market
                                               September 12, 2018.                                      credit of $0.0030 per share for orders                transparency. The proposed pricing tier,
                                                  Pursuant to Section 19(b)(1) 1 of the                 that provide displayed liquidity to the               which adopts a lower threshold than the
                                               Securities Exchange Act of 1934 (the                     Book in Tape A Securities, $0.0023 per                Step Up Tier and Step Up Tier 2 is
                                               ‘‘Act’’) 2 and Rule 19b–4 thereunder,3                   share for orders that provide displayed               intended to allow ETP Holders and
                                               notice is hereby given that, on                          liquidity to the Book in Tape B                       Market Makers to achieve rebates that
                                               September 4, 2018, NYSE Arca, Inc. (the                  Securities, and $0.0031 per share for                 weren’t previously available. The
                                               ‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with                orders that provide displayed liquidity               Exchange believes that the proposed
                                               the Securities and Exchange                              to the Book in Tape C Securities if such              new pricing tier will provide an
                                               Commission (the ‘‘Commission’’) the                      ETP Holders and Market Makers                         incentive for ETP Holders and Market
                                                                                                        directly execute providing average daily              Makers that do not meet current tier
                                               proposed rule change as described in
                                                                                                        volume (‘‘ADV’’) per month of 0.50% or                requirements to direct more of their
                                               Items I, II, and III below, which Items
                                                                                                        more but less than 0.70% of the US                    order flow to the Exchange.
                                               have been prepared by the self-
                                               regulatory organization. The                             CADV, and directly execute providing                  2. Statutory Basis
                                               Commission is publishing this notice to                  ADV that is an increase of no less than
                                                                                                        0.10% of US CADV for that month over                     The Exchange believes that the
                                               solicit comments on the proposed rule                                                                          proposed rule change is consistent with
                                                                                                        the ETP Holder’s or Market Maker’s
                                               change from interested persons.                                                                                Section 6(b) of the Act,6 in general, and
                                                                                                        providing ADV in Q1 2018.4
                                               I. Self-Regulatory Organization’s                                                                              furthers the objectives of Sections
                                                                                                           The Exchange also has a Step Up Tier               6(b)(4) and (5) of the Act,7 in particular,
                                               Statement of the Terms of Substance of                   2 pricing tier pursuant to which ETP
                                               the Proposed Rule Change                                                                                       because it provides for the equitable
                                                                                                        Holders and Market Makers receive a                   allocation of reasonable dues, fees, and
                                                                                                        credit of $0.0028 per share for orders                other charges among its members,
                                                  The Exchange proposes to amend the
                                                                                                        that provide displayed liquidity to the               issuers and other persons using its
                                               NYSE Arca Equities Fees and Charges
                                                                                                        Book in Tape A and Tape C Securities,                 facilities and does not unfairly
                                               (‘‘Fee Schedule’’) to introduce a new                    and $0.0022 per share for orders that
                                               pricing tier, Step Up Tier 3. The                                                                              discriminate between customers,
                                                                                                        provide displayed liquidity to the Book               issuers, brokers or dealers.
                                               Exchange proposes to implement the fee                   in Tape B Securities if such ETP
                                               change effective September 4, 2018. The                                                                           The Exchange believes the Step Up
                                                                                                        Holders and Market Makers directly                    Tier 3 pricing tier will serve as an
                                               proposed rule change is available on the                 execute providing ADV per month of
                                               Exchange’s website at www.nyse.com, at                                                                         incentivize [sic] to market participants
                                                                                                        0.22% or more but less than 0.30% of
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                                               the principal office of the Exchange, and                                                                      to increase the orders sent directly to
                                                                                                        the US CADV, and directly execute                     NYSE Arca and therefore provide
                                               at the Commission’s Public Reference                     providing ADV that is an increase of no
                                               Room.                                                    less than 0.06% of US CADV for that                      5 See Securities Exchange Act Release No. 83418

                                                                                                                                                              (June 12, 2018), 83 FR 28282 (June 18, 2018) (SR–
                                                 1 15 U.S.C. 78s(b)(1).                                   4 See Securities Exchange Act Release No. 83032     NYSEArca–2018–41).
                                                 2 15 U.S.C. 78a.                                                                                                6 15 U.S.C. 78f(b).
                                                                                                        (April 11, 2018), 83 FR 16909 (April 17, 2018) (SR–
                                                 3 17 CFR 240.19b–4.                                    NYSEArca–2018–20).                                       7 15 U.S.C. 78f(b)(4) and (5).




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Document Created: 2018-09-18 01:18:52
Document Modified: 2018-09-18 01:18:52
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
Dates2:00 p.m. on Thursday, September 20, 2018.
FR Citation83 FR 47215 

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