83_FR_47568 83 FR 47386 - Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Relocate the Exchange's Schedule of Fees

83 FR 47386 - Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Relocate the Exchange's Schedule of Fees

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 182 (September 19, 2018)

Page Range47386-47388
FR Document2018-20309

Federal Register, Volume 83 Issue 182 (Wednesday, September 19, 2018)
[Federal Register Volume 83, Number 182 (Wednesday, September 19, 2018)]
[Notices]
[Pages 47386-47388]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-20309]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-84113; File No. SR-MRX-2018-27]


Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change To Relocate the 
Exchange's Schedule of Fees

September 13, 2018
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that 
on August 31, 2018, Nasdaq MRX, LLC (``MRX'' 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.
---------------------------------------------------------------------------

    \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 (a) relocate the MRX Schedule of Fees and 
current Rule 209 to the Exchange's rulebook's (``Rulebook'') shell 
structure,\3\ and (b) make conforming cross-reference changes 
throughout the Rulebook.
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    \3\ In 2017, the Exchange added a shell structure to its 
Rulebook with the purpose of improving efficiency and readability 
and to align its rules closer to those of its five sister exchanges, 
The Nasdaq Stock Market LLC; Nasdaq BX, Inc.; Nasdaq PHLX LLC; 
Nasdaq GEMX, LLC; and Nasdaq ISE, LLC (``Affiliated Exchanges''). 
See Securities Exchange Act Release No. 82172 (November 29, 2017), 
82 FR 57495 (December 5, 2017) (SR-MRX-2017-26).
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    The text of the proposed rule change is available on the Exchange's 
website at http://nasdaqmrx.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

[[Page 47387]]

the most significant aspects of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to relocate the entire MRX Schedule of Fees 
and Rule 209 to the Exchange's shell structure; specifically, the 
Exchange will relocate the aforementioned rules to the Options 7 
(``Pricing Schedule'') section of the shell. In addition, the Exchange 
will make conforming cross-reference changes throughout the Rulebook.
(a) Relocation of Rules
    As indicated, the Exchange, as part of its continued effort to 
promote efficiency and the conformity of its processes with those of 
the Affiliated Exchanges, and the goal of harmonizing and uniformizing 
its rules, proposes to relocate the Schedule of Fees and MRX Rule 209 
to Options 7, Pricing Schedule, of the shell structure.
    To improve the readability of the relocated Pricing Schedule rules, 
the Exchange will update their current ``Preface'' section and rename 
it ``Section 1. General Provisions.'' Next, the Exchange will move 
current MRX Rule 209, described in the paragraph below, and rename it 
``Section 2'' but keeping its current title, ``Collection of Exchange 
Fees and Other Claims.''
    MRX Rule 209 was added to the Rulebook to permit the Exchange the 
collection of undisputed or final fees, fines, charges and/or other 
monetary sanctions or other monies due and owing to the Exchange or 
other charges related to Rules 205 and 206.\4\ The Exchange believes 
that, unlike other rules in Chapter 2 (``Administration'') of the 
Rulebook, which generally refer to the powers of the Board of Directors 
and the authority it delegates to Senior Management of the Exchange, 
the direct debit process established in Rule 209 will be better 
situated among the relocated rules of the Pricing Schedule.
---------------------------------------------------------------------------

    \4\ See Securities Exchange Act Release No. 79012 (September 30, 
2016), 81 FR 69565 (October 6, 2016) (SR-ISEMercury-2016-18).
---------------------------------------------------------------------------

    The Exchange is also proposing to move all the remaining sections, 
I through VI, in the current Schedule of Fees, renumber them as 
provided in the table below, and add the word ``Section'' to each of 
their titles. Relatedly, the Exchange will update all references to the 
``Schedule of Fees'' in the proposed rule text and replace them with 
the term ``Pricing Schedule.''
    Finally, the Exchange will update all references to ``NASDAQ'' in 
proposed Section 8, E., of the Pricing Schedule with the word 
``Nasdaq,'' to keep the proposed rule text consistent with changes to 
the names of the Affiliated Exchanges.\5\
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    \5\ See Securities Exchange Act Releases No. 81917 (October 23, 
2017), 82 FR 49879 (October 27, 2017) (SR-NASDAQ-2017-111) and No. 
81948 (October 25, 2017), 82 FR 50468 (October 31, 2017) (SR-BX-
2017-046).

------------------------------------------------------------------------
  Options 7--Pricing schedule (Proposed)     Schedule of fees (Current)
------------------------------------------------------------------------
Section 1. General Provisions.............  PREFACE.
Section 2. Collection of Exchange Fees and  Rule 209. Collection of
 Other Claims.                               Exchange Fees and Other
                                             Claims.
Section 3. Regular Order Fees and Rebates.  I. Regular Order Fees and
                                             Rebates.
Section 4. Other Options Fees and Rebates.  II. Other Options Fees and
                                             Rebates.
Section 5. Legal & Regulatory.............  III. Legal & Regulatory.
Section 6. Ports and Other Services.......  IV. Ports and Other
                                             Services.
Section 7. Market Data....................  V. Market Data.
Section 8. Connectivity Fees..............  VI. Connectivity Fees.
------------------------------------------------------------------------

    The relocation of the Pricing Schedule rules will facilitate the 
use of the Rulebook by Members \6\ of the Exchange, including those who 
are members of other Affiliated Exchanges, and other market 
participants. Moreover, the proposed changes are of a non-substantive 
nature and will not amend the relocated rules, other than make the 
updates previously explained.
---------------------------------------------------------------------------

    \6\ Exchange Rule 100(a)(32).
---------------------------------------------------------------------------

(b) Cross-Reference Updates
    In connection with the changes described above, the Exchange 
proposes to update all cross-references in the Rulebook that direct the 
reader to the current location of the Pricing Schedule rules and/or any 
of their subsections.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section 
6(b) of the Act,\7\ in general, and furthers the objectives of Section 
6(b)(5) of the Act,\8\ in particular, in that it is designed to promote 
just and equitable principles of trade, to remove impediments to and 
perfect the mechanism of a free and open market and a national market 
system, and, in general to protect investors and the public interest, 
by promoting efficiency and structural conformity of the Exchange's 
processes with those of the Affiliated Exchanges and to make the 
Exchange's Rulebook easier to read and more accessible to its Members 
and market participants. The Exchange believes that the relocation of 
the Pricing Schedule rules, updating the name ``NASDAQ'' to ``Nasdaq,'' 
and related cross-reference updates are of a non-substantive nature.
---------------------------------------------------------------------------

    \7\ 15 U.S.C. 78f(b).
    \8\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will 
impose any burden on competition not necessary or appropriate in 
furtherance of the purposes of the Act. The proposed changes do not 
impose a burden on competition because, as previously stated, they (i) 
are of a non-substantive nature, (ii) are intended to harmonize the 
structure of the Exchange's rules with those of its Affiliated 
Exchanges, and (iii) are intended to organize the Rulebook in a way 
that it will ease the Members' and market participants' navigation and 
reading of the rules.

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 foregoing 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, it has become 
effective pursuant to Section 19(b)(3)(A) of the Act \9\ and Rule 19b-
4(f)(6) thereunder.\10\
---------------------------------------------------------------------------

    \9\ 15 U.S.C. 78s(b)(3)(A).
    \10\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b-
4(f)(6)(iii), the Exchange provided the Commission with written 
notice of its intent to file the proposed rule change, along with a 
brief description and the 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.
---------------------------------------------------------------------------

    A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the 
Act \11\ normally does not become operative for 30 days after the date 
of its filing. However, Rule 19b-4(f)(6)(iii) \12\ permits the 
Commission to designate a shorter time if such action is consistent 
with the protection of investors and the

[[Page 47388]]

public interest. The Exchange has requested that the Commission waive 
the 30-day operative delay so that the proposed rule change may become 
operative upon filing. Waiver of the operative delay would allow the 
Exchange to promptly relocate the Pricing Schedule rules and continue 
to reorganize its Rulebook to promote efficiency and structural 
consistency between the Exchange's rules and those of the Affiliated 
Exchanges. The Commission believes that waiver of the 30-day operative 
delay is consistent with the protection of investors and the public 
interest. Accordingly, the Commission hereby waives the operative delay 
and designates the proposed rule change operative upon filing.\13\
---------------------------------------------------------------------------

    \11\ 17 CFR 240.19b-4(f)(6).
    \12\ 17 CFR 240.19b-4(f)(6)(iii).
    \13\ For purposes only of waiving the 30-day operative delay, 
the Commission also has considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
---------------------------------------------------------------------------

    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 Commission 
takes such action, the Commission shall institute proceedings to 
determine whether the proposed rule change 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 [email protected]. Please include 
File Number SR-MRX-2018-27 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-MRX-2018-27. 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-MRX-2018-27 and should be submitted on 
or before October 10, 2018.
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    \14\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\14\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-20309 Filed 9-18-18; 8:45 am]
 BILLING CODE 8011-01-P



                                              47386                     Federal Register / Vol. 83, No. 182 / Wednesday, September 19, 2018 / Notices

                                              which Users may submit auction                            Paper Comments                                         SECURITIES AND EXCHANGE
                                              responses into auctions occurring on the                                                                         COMMISSION
                                              Exchange.                                                   • Send paper comments in triplicate
                                                                                                        to Secretary, Securities and Exchange                  [Release No. 34–84113; File No. SR–MRX–
                                              C. Self-Regulatory Organization’s                         Commission, 100 F Street NE,                           2018–27]
                                              Statement on Comments on the                              Washington, DC 20549–1090.
                                              Proposed Rule Change Received From                                                                               Self-Regulatory Organizations; Nasdaq
                                              Members, Participants, or Others                          All submissions should refer to File                   MRX, LLC; Notice of Filing and
                                                                                                        Number SR–C2–2018–019. This file                       Immediate Effectiveness of Proposed
                                                The Exchange neither solicited nor                      number should be included on the                       Rule Change To Relocate the
                                              received comments on the proposed                         subject line if email is used. To help the             Exchange’s Schedule of Fees
                                              rule change.                                              Commission process and review your
                                                                                                        comments more efficiently, please use                  September 13, 2018
                                              III. Date of Effectiveness of the                                                                                   Pursuant to Section 19(b)(1) of the
                                              Proposed Rule Change and Timing for                       only one method. The Commission will
                                                                                                        post all comments on the Commission’s                  Securities Exchange Act of 1934
                                              Commission Action                                                                                                (‘‘Act’’),1 and Rule 19b–4 thereunder,2
                                                                                                        internet website (http://www.sec.gov/
                                                 Because the foregoing proposed rule                    rules/sro.shtml). Copies of the                        notice is hereby given that on August
                                              change does not: (i) Significantly affect                                                                        31, 2018, Nasdaq MRX, LLC (‘‘MRX’’ or
                                                                                                        submission, all subsequent
                                              the protection of investors or the public                                                                        ‘‘Exchange’’) filed with the Securities
                                                                                                        amendments, all written statements
                                              interest; (ii) impose any significant                                                                            and Exchange Commission
                                                                                                        with respect to the proposed rule
                                              burden on competition; and (iii) become                                                                          (‘‘Commission’’) the proposed rule
                                                                                                        change that are filed with the                         change as described in Items I and II
                                              operative for 30 days from the date on                    Commission, and all written
                                              which it was filed, or such shorter time                                                                         below, which Items have been prepared
                                                                                                        communications relating to the                         by the Exchange. The Commission is
                                              as the Commission may designate, it has                   proposed rule change between the
                                              become effective pursuant to Section                                                                             publishing this notice to solicit
                                                                                                        Commission and any person, other than                  comments on the proposed rule change
                                              19(b)(3)(A)(iii) of the Act 18 and
                                                                                                        those that may be withheld from the                    from interested persons.
                                              subparagraph (f)(6) of Rule 19b–4
                                                                                                        public in accordance with the
                                              thereunder.19                                                                                                    I. Self-Regulatory Organization’s
                                                                                                        provisions of 5 U.S.C. 552, will be
                                                 At any time within 60 days of the                      available for website viewing and                      Statement of the Terms of Substance of
                                              filing of the proposed rule change, the                   printing in the Commission’s Public                    the Proposed Rule Change
                                              Commission summarily may                                  Reference Room, 100 F Street NE,                          The Exchange proposes to (a) relocate
                                              temporarily suspend such rule change if                   Washington, DC 20549, on official                      the MRX Schedule of Fees and current
                                              it appears to the Commission that such                                                                           Rule 209 to the Exchange’s rulebook’s
                                                                                                        business days between the hours of
                                              action is necessary or appropriate in the                                                                        (‘‘Rulebook’’) shell structure,3 and (b)
                                                                                                        10:00 a.m. and 3:00 p.m. Copies of the
                                              public interest, for the protection of                                                                           make conforming cross-reference
                                                                                                        filing also will be available for
                                              investors, or otherwise in furtherance of                                                                        changes throughout the Rulebook.
                                              the purposes of the Act. If the                           inspection and copying at the principal
                                                                                                        office of the Exchange. All comments                      The text of the proposed rule change
                                              Commission takes such action, the                                                                                is available on the Exchange’s website at
                                              Commission shall institute proceedings                    received will be posted without change.
                                                                                                        Persons submitting comments are                        http://nasdaqmrx.cchwallstreet.com/, at
                                              to determine whether the proposed rule                                                                           the principal office of the Exchange, and
                                              should be approved or disapproved.                        cautioned that we do not redact or edit
                                                                                                                                                               at the Commission’s Public Reference
                                                                                                        personal identifying information from
                                              IV. Solicitation of Comments                                                                                     Room.
                                                                                                        comment submissions. You should
                                                                                                        submit only information that you wish                  II. Self-Regulatory Organization’s
                                                Interested persons are invited to
                                                                                                        to make available publicly. All                        Statement of the Purpose of, and
                                              submit written data, views, and
                                                                                                        submissions should refer to File                       Statutory Basis for, the Proposed Rule
                                              arguments concerning the foregoing,
                                                                                                        Number SR–C2–2018–019 and should                       Change
                                              including whether the proposed rule
                                              change is consistent with the Act.                        be submitted on or before October 10,                    In its filing with the Commission, the
                                              Comments may be submitted by any of                       2018.                                                  Exchange included statements
                                              the following methods:                                      For the Commission, by the Division of               concerning the purpose of and basis for
                                                                                                        Trading and Markets, pursuant to delegated             the proposed rule change and discussed
                                              Electronic Comments                                                                                              any comments it received on the
                                                                                                        authority.20
                                                • Use the Commission’s internet                         Eduardo A. Aleman,                                     proposed rule change. The text of these
                                              comment form (http://www.sec.gov/                                                                                statements may be examined at the
                                                                                                        Assistant Secretary.
                                              rules/sro.shtml); or                                                                                             places specified in Item IV below. The
                                                                                                        [FR Doc. 2018–20307 Filed 9–18–18; 8:45 am]            Exchange has prepared summaries, set
                                                • Send an email to rule-comments@                       BILLING CODE 8011–01–P                                 forth in sections A, B, and C below, of
                                              sec.gov. Please include File Number SR–
                                              C2–2018–019 on the subject line.                                                                                   1 15  U.S.C. 78s(b)(1).
                                                                                                                                                                 2 17  CFR 240.19b–4.
                                                18 15  U.S.C. 78s(b)(3)(A)(iii).                                                                                  3 In 2017, the Exchange added a shell structure to
amozie on DSK3GDR082PROD with NOTICES1




                                                19 17  CFR 240.19b–4(f)(6). In addition, Rule 19b–                                                             its Rulebook with the purpose of improving
                                              4(f)(6)(iii) requires a self-regulatory organization to                                                          efficiency and readability and to align its rules
                                              give the Commission written notice of its intent to                                                              closer to those of its five sister exchanges, The
                                              file the proposed rule change, along with a brief                                                                Nasdaq Stock Market LLC; Nasdaq BX, Inc.; Nasdaq
                                              description and text of the proposed rule change,                                                                PHLX LLC; Nasdaq GEMX, LLC; and Nasdaq ISE,
                                              at least five business days prior to the date of filing                                                          LLC (‘‘Affiliated Exchanges’’). See Securities
                                              of the proposed rule change, or such shorter time                                                                Exchange Act Release No. 82172 (November 29,
                                              as designated by the Commission. The Exchange                                                                    2017), 82 FR 57495 (December 5, 2017) (SR–MRX–
                                              has satisfied this requirement.                             20 17   CFR 200.30–3(a)(12).                         2017–26).



                                         VerDate Sep<11>2014    17:09 Sep 18, 2018   Jkt 244001   PO 00000   Frm 00059     Fmt 4703   Sfmt 4703   E:\FR\FM\19SEN1.SGM   19SEN1


                                                                      Federal Register / Vol. 83, No. 182 / Wednesday, September 19, 2018 / Notices                                                    47387

                                              the most significant aspects of such                      Finally, the Exchange will update all               conformity of the Exchange’s processes
                                              statements.                                             references to ‘‘NASDAQ’’ in proposed                  with those of the Affiliated Exchanges
                                                                                                      Section 8, E., of the Pricing Schedule                and to make the Exchange’s Rulebook
                                              A. Self-Regulatory Organization’s
                                                                                                      with the word ‘‘Nasdaq,’’ to keep the                 easier to read and more accessible to its
                                              Statement of the Purpose of, and
                                                                                                      proposed rule text consistent with                    Members and market participants. The
                                              Statutory Basis for, the Proposed Rule                  changes to the names of the Affiliated                Exchange believes that the relocation of
                                              Change                                                  Exchanges.5                                           the Pricing Schedule rules, updating the
                                              1. Purpose                                                                                                    name ‘‘NASDAQ’’ to ‘‘Nasdaq,’’ and
                                                                                                        Options 7—Pricing                                   related cross-reference updates are of a
                                                 The Exchange proposes to relocate the                                               Schedule of fees
                                                                                                             schedule                                       non-substantive nature.
                                                                                                                                        (Current)
                                              entire MRX Schedule of Fees and Rule                          (Proposed)
                                              209 to the Exchange’s shell structure;                                                                        B. Self-Regulatory Organization’s
                                              specifically, the Exchange will relocate                Section 1. General           PREFACE.                 Statement on Burden on Competition
                                                                                                        Provisions.
                                              the aforementioned rules to the Options                                                                         The Exchange does not believe that
                                                                                                      Section 2. Collection        Rule 209. Collection
                                              7 (‘‘Pricing Schedule’’) section of the                   of Exchange Fees              of Exchange Fees      the proposed rule change will impose
                                              shell. In addition, the Exchange will                     and Other Claims.             and Other Claims.     any burden on competition not
                                              make conforming cross-reference                         Section 3. Regular           I. Regular Order Fees    necessary or appropriate in furtherance
                                              changes throughout the Rulebook.                          Order Fees and                and Rebates.          of the purposes of the Act. The
                                                                                                        Rebates.                                            proposed changes do not impose a
                                              (a) Relocation of Rules                                 Section 4. Other Op-         II. Other Options        burden on competition because, as
                                                 As indicated, the Exchange, as part of                 tions Fees and Re-            Fees and Rebates.
                                                                                                        bates.
                                                                                                                                                            previously stated, they (i) are of a non-
                                              its continued effort to promote                                                                               substantive nature, (ii) are intended to
                                                                                                      Section 5. Legal &           III. Legal & Regu-
                                              efficiency and the conformity of its                                                                          harmonize the structure of the
                                                                                                        Regulatory.                    latory.
                                              processes with those of the Affiliated                  Section 6. Ports and         IV. Ports and Other      Exchange’s rules with those of its
                                              Exchanges, and the goal of harmonizing                    Other Services.                Services.            Affiliated Exchanges, and (iii) are
                                              and uniformizing its rules, proposes to                 Section 7. Market            V. Market Data.          intended to organize the Rulebook in a
                                              relocate the Schedule of Fees and MRX                     Data.                                               way that it will ease the Members’ and
                                              Rule 209 to Options 7, Pricing Schedule,                Section 8.                   VI. Connectivity Fees.   market participants’ navigation and
                                              of the shell structure.                                   Connectivity Fees.                                  reading of the rules.
                                                 To improve the readability of the
                                              relocated Pricing Schedule rules, the                     The relocation of the Pricing Schedule              C. Self-Regulatory Organization’s
                                              Exchange will update their current                      rules will facilitate the use of the                  Statement on Comments on the
                                              ‘‘Preface’’ section and rename it                       Rulebook by Members 6 of the Exchange,                Proposed Rule Change Received From
                                              ‘‘Section 1. General Provisions.’’ Next,                including those who are members of                    Members, Participants, or Others
                                              the Exchange will move current MRX                      other Affiliated Exchanges, and other                   No written comments were either
                                              Rule 209, described in the paragraph                    market participants. Moreover, the                    solicited or received.
                                              below, and rename it ‘‘Section 2’’ but                  proposed changes are of a non-
                                                                                                      substantive nature and will not amend                 III. Date of Effectiveness of the
                                              keeping its current title, ‘‘Collection of                                                                    Proposed Rule Change and Timing for
                                              Exchange Fees and Other Claims.’’                       the relocated rules, other than make the
                                                                                                      updates previously explained.                         Commission Action
                                                 MRX Rule 209 was added to the
                                              Rulebook to permit the Exchange the                     (b) Cross-Reference Updates                              Because the foregoing proposed rule
                                              collection of undisputed or final fees,                                                                       change does not: (i) Significantly affect
                                                                                                        In connection with the changes                      the protection of investors or the public
                                              fines, charges and/or other monetary                    described above, the Exchange proposes
                                              sanctions or other monies due and                                                                             interest; (ii) impose any significant
                                                                                                      to update all cross-references in the                 burden on competition; and (iii) become
                                              owing to the Exchange or other charges                  Rulebook that direct the reader to the
                                              related to Rules 205 and 206.4 The                                                                            operative for 30 days from the date on
                                                                                                      current location of the Pricing Schedule              which it was filed, or such shorter time
                                              Exchange believes that, unlike other                    rules and/or any of their subsections.
                                              rules in Chapter 2 (‘‘Administration’’) of                                                                    as the Commission may designate, it has
                                              the Rulebook, which generally refer to                  2. Statutory Basis                                    become effective pursuant to Section
                                              the powers of the Board of Directors and                                                                      19(b)(3)(A) of the Act 9 and Rule 19b–
                                                                                                         The Exchange believes that its
                                              the authority it delegates to Senior                                                                          4(f)(6) thereunder.10
                                                                                                      proposal is consistent with Section 6(b)                 A proposed rule change filed
                                              Management of the Exchange, the direct                  of the Act,7 in general, and furthers the             pursuant to Rule 19b–4(f)(6) under the
                                              debit process established in Rule 209                   objectives of Section 6(b)(5) of the Act,8
                                                                                                                                                            Act 11 normally does not become
                                              will be better situated among the                       in particular, in that it is designed to
                                                                                                                                                            operative for 30 days after the date of its
                                              relocated rules of the Pricing Schedule.                promote just and equitable principles of
                                                                                                                                                            filing. However, Rule 19b–4(f)(6)(iii) 12
                                                 The Exchange is also proposing to                    trade, to remove impediments to and
                                                                                                                                                            permits the Commission to designate a
                                              move all the remaining sections, I                      perfect the mechanism of a free and
                                                                                                                                                            shorter time if such action is consistent
                                              through VI, in the current Schedule of                  open market and a national market
                                                                                                                                                            with the protection of investors and the
                                              Fees, renumber them as provided in the                  system, and, in general to protect
                                              table below, and add the word                           investors and the public interest, by                   9 15  U.S.C. 78s(b)(3)(A).
                                              ‘‘Section’’ to each of their titles.                    promoting efficiency and structural                     10 17  CFR 240.19b–4(f)(6). As required under Rule
                                              Relatedly, the Exchange will update all
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                                                                                                                                                            19b–4(f)(6)(iii), the Exchange provided the
                                              references to the ‘‘Schedule of Fees’’ in                 5 See Securities Exchange Act Releases No. 81917    Commission with written notice of its intent to file
                                              the proposed rule text and replace them                 (October 23, 2017), 82 FR 49879 (October 27, 2017)    the proposed rule change, along with a brief
                                                                                                      (SR–NASDAQ–2017–111) and No. 81948 (October           description and the text of the proposed rule
                                              with the term ‘‘Pricing Schedule.’’                     25, 2017), 82 FR 50468 (October 31, 2017) (SR–BX–     change, at least five business days prior to the date
                                                                                                      2017–046).                                            of filing of the proposed rule change, or such
                                                4 See Securities Exchange Act Release No. 79012         6 Exchange Rule 100(a)(32).                         shorter time as designated by the Commission.
                                                                                                        7 15 U.S.C. 78f(b).                                   11 17 CFR 240.19b–4(f)(6).
                                              (September 30, 2016), 81 FR 69565 (October 6,
                                              2016) (SR–ISEMercury–2016–18).                            8 15 U.S.C. 78f(b)(5).                                12 17 CFR 240.19b–4(f)(6)(iii).




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                                              47388                   Federal Register / Vol. 83, No. 182 / Wednesday, September 19, 2018 / Notices

                                              public interest. The Exchange has                       post all comments on the Commission’s                    Economic Injury (EIDL) Loan
                                              requested that the Commission waive                     internet website (http://www.sec.gov/                  Application Deadline Date: 10/15/2018.
                                              the 30-day operative delay so that the                  rules/sro.shtml). Copies of the                        ADDRESSES: Submit completed loan
                                              proposed rule change may become                         submission, all subsequent                             applications to: U.S. Small Business
                                              operative upon filing. Waiver of the                    amendments, all written statements                     Administration, Processing and
                                              operative delay would allow the                         with respect to the proposed rule                      Disbursement Center, 14925 Kingsport
                                              Exchange to promptly relocate the                       change that are filed with the                         Road, Fort Worth, TX 76155.
                                              Pricing Schedule rules and continue to                  Commission, and all written                            FOR FURTHER INFORMATION CONTACT: A.
                                              reorganize its Rulebook to promote                      communications relating to the                         Escobar, Office of Disaster Assistance,
                                              efficiency and structural consistency                   proposed rule change between the                       U.S. Small Business Administration,
                                              between the Exchange’s rules and those                  Commission and any person, other than                  409 3rd Street SW, Suite 6050,
                                              of the Affiliated Exchanges. The                        those that may be withheld from the
                                                                                                                                                             Washington, DC 20416, (202) 205–6734.
                                              Commission believes that waiver of the                  public in accordance with the
                                              30-day operative delay is consistent                    provisions of 5 U.S.C. 552, will be                    SUPPLEMENTARY INFORMATION: The notice
                                              with the protection of investors and the                available for website viewing and                      of the President’s major disaster
                                              public interest. Accordingly, the                       printing in the Commission’s Public                    declaration for the State of California,
                                              Commission hereby waives the                            Reference Room, 100 F Street NE,                       dated 01/15/2018, is hereby amended to
                                              operative delay and designates the                      Washington, DC 20549, on official                      establish the incident period for this
                                              proposed rule change operative upon                     business days between the hours of                     disaster as beginning 12/04/2017
                                              filing.13                                               10:00 a.m. and 3:00 p.m. Copies of the                 through 01/31/2018.
                                                 At any time within 60 days of the                    filing also will be available for                        All other information in the original
                                              filing of the proposed rule change, the                 inspection and copying at the principal                declaration remains unchanged.
                                              Commission summarily may                                office of the Exchange. All comments                   (Catalog of Federal Domestic Assistance
                                              temporarily suspend such rule change if                 received will be posted without change.                Number 59008)
                                              it appears to the Commission that such                  Persons submitting comments are                        James Rivera,
                                              action is necessary or appropriate in the               cautioned that we do not redact or edit                Associate Administrator for Disaster
                                              public interest, for the protection of                  personal identifying information from                  Assistance.
                                              investors, or otherwise in furtherance of               comment submissions. You should                        [FR Doc. 2018–20382 Filed 9–18–18; 8:45 am]
                                              the purposes of the Act. If the                         submit only information that you wish
                                                                                                                                                             BILLING CODE 8025–01–P
                                              Commission takes such action, the                       to make available publicly. All
                                              Commission shall institute proceedings                  submissions should refer to File
                                              to determine whether the proposed rule                  Number SR–MRX–2018–27 and should                       SMALL BUSINESS ADMINISTRATION
                                              change should be approved or                            be submitted on or before October 10,
                                              disapproved.                                            2018.                                                  [Disaster Declaration #15694 and #15695;
                                                                                                                                                             IOWA Disaster Number IA–00084]
                                              IV. Solicitation of Comments                              For the Commission, by the Division of
                                                                                                      Trading and Markets, pursuant to delegated             Presidential Declaration of a Major
                                                Interested persons are invited to                     authority.14
                                              submit written data, views, and                                                                                Disaster for Public Assistance Only for
                                                                                                      Eduardo A. Aleman,                                     the State of Iowa
                                              arguments concerning the foregoing,
                                                                                                      Assistant Secretary.
                                              including whether the proposed rule                                                                            AGENCY: U.S. Small Business
                                                                                                      [FR Doc. 2018–20309 Filed 9–18–18; 8:45 am]
                                              change is consistent with the Act.                                                                             Administration.
                                                                                                      BILLING CODE 8011–01–P
                                              Comments may be submitted by any of
                                                                                                                                                             ACTION: Notice.
                                              the following methods:
                                              Electronic Comments                                                                                            SUMMARY:   This is a Notice of the
                                                                                                      SMALL BUSINESS ADMINISTRATION
                                                                                                                                                             Presidential declaration of a major
                                                • Use the Commission’s internet                       [Disaster Declaration #15438 and #15439;               disaster for Public Assistance Only for
                                              comment form (http://www.sec.gov/                       CALIFORNIA Disaster Number CA–00282]                   the State of Iowa (FEMA–4392–DR),
                                              rules/sro.shtml); or                                                                                           dated 09/12/2018.
                                                • Send an email to rule-comments@                     Presidential Declaration Amendment of                    Incident: Severe Storm and
                                              sec.gov. Please include File Number SR–                 a Major Disaster for the State of                      Tornadoes.
                                              MRX–2018–27 on the subject line.                        California                                               Incident Period: 07/19/2018.
                                              Paper Comments                                          AGENCY: U.S. Small Business                            DATES: Issued on 09/12/2018.
                                                • Send paper comments in triplicate                   Administration.                                          Physical Loan Application Deadline
                                              to Secretary, Securities and Exchange                   ACTION: Amendment 1.                                   Date: 11/13/2018.
                                              Commission, 100 F Street NE,                                                                                     Economic Injury (EIDL) Loan
                                                                                                      SUMMARY:   This is an amendment of the                 Application Deadline Date: 06/12/2019.
                                              Washington, DC 20549–1090.
                                                                                                      Presidential declaration of a major                    ADDRESSES: Submit completed loan
                                              All submissions should refer to File                    disaster for the State of California
                                              Number SR–MRX–2018–27. This file                                                                               applications to: U.S. Small Business
                                                                                                      (FEMA–4353–DR), dated 01/15/2018.                      Administration, Processing and
                                              number should be included on the                          Incident: Wildfires, Flooding,
                                              subject line if email is used. To help the                                                                     Disbursement Center, 14925 Kingsport
                                                                                                      Mudflows, and Debris Flows directly
                                              Commission process and review your                                                                             Road, Fort Worth, TX 76155.
                                                                                                      related to the Wildfires.
amozie on DSK3GDR082PROD with NOTICES1




                                              comments more efficiently, please use                     Incident Period: 12/04/2017 through                  FOR FURTHER INFORMATION CONTACT: A.
                                              only one method. The Commission will                    01/31/2018.                                            Escobar, Office of Disaster Assistance,
                                                                                                      DATES: Issued on 09/07/2018.                           U.S. Small Business Administration,
                                                 13 For purposes only of waiving the 30-day
                                                                                                        Physical Loan Application Deadline                   409 3rd Street SW, Suite 6050,
                                              operative delay, the Commission also has                                                                       Washington, DC 20416, (202) 205–6734.
                                              considered the proposed rule’s impact on                Date: 03/16/2018.
                                              efficiency, competition, and capital formation. See                                                            SUPPLEMENTARY INFORMATION: Notice is
                                              15 U.S.C. 78c(f).                                         14 17   CFR 200.30–3(a)(12).                         hereby given that as a result of the


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Document Created: 2018-09-19 02:55:58
Document Modified: 2018-09-19 02:55:58
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 47386 

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