83 FR 49144 - Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating To Rename the “Extended Trading Hours” to “Global Trading Hours” in Its Rules and Fees Schedule
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 83, Issue 189 (September 28, 2018)
Federal Register Volume 83, Issue 189 (September 28, 2018)
| Page Range | 49144-49145 | |
| FR Document | 2018-21110 |
[Federal Register Volume 83, Number 189 (Friday, September 28, 2018)] [Notices] [Pages 49144-49145] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-21110] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-84274; File No. SR-CBOE-2018-063] Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating To Rename the ``Extended Trading Hours'' to ``Global Trading Hours'' in Its Rules and Fees Schedule September 24, 2018. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on September 18, 2018, Cboe Exchange, Inc. (the ``Exchange'' or ``Cboe Options'') filed with the Securities and Exchange Commission (the ``Commission'') the proposed rule change as described in Items I, II, and III 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. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to rename the ``Extended Trading Hours'' to ``Global Trading Hours'' in its rules and Fees Schedule. The text of the proposed rule change is also available on the Exchange's website (http://www.cboe.com/AboutCBOE/CBOELegalRegulatoryHome.aspx), at the Exchange's Office of the Secretary, and at the Commission's Public Reference Room. II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The purpose of this filing is to reflect in the Exchange's rulebook and Fees Schedule, a non-substantive branding change with respect to the Exchange's ``Extended Trading Hours'' session.\3\ Particularly, references to ``Extended Trading Hours'' or ``ETH'' will be deleted and revised to state the new session name of ``Global Trading Hours'' or ``GTH'', respectively, throughout the Exchange's rulebook and Fees Schedule. No other substantive changes are being proposed in this filing. The Exchange represents that these changes are concerned solely with the administration of the Exchange and do not affect the meaning, administration, or enforcement of any rules of the Exchange or the rights, obligations, or privileges of Exchange members or their associated persons is any way. --------------------------------------------------------------------------- \3\ The ``Extended Trading Hours'' session refers to the hours outside of Regular Trading Hours during which the Exchange may be open for trading as set forth in Rule 6.1 and may be referred to as a ``trading session'' in the Rules. --------------------------------------------------------------------------- 2. Statutory Basis The Exchange believes the proposed rule change is consistent with the Securities Exchange Act of 1934 (the ``Act'') and the rules and regulations thereunder applicable to the Exchange and, in particular, the requirements of Section 6(b) of the Act.\4\ Specifically, the Exchange believes the proposed rule change is consistent with Section 6(b)(4) of the Act10,\5\ which provides that Exchange rules may provide for the equitable allocation of reasonable dues, fees, and other charges among its Permit Holders and other persons using its facilities. Additionally, the Exchange believes the proposed rule change is consistent with the Section 6(b)(5) \6\ requirement that the rules of an exchange not be designed to permit unfair discrimination between customers, issuers, brokers, or dealers. --------------------------------------------------------------------------- \4\ 15 U.S.C. 78f(b). \5\ 15 U.S.C. 78f(b)(4). \6\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- In particular, the proposed change is a non-substantive change and does not impact the governance, ownership or operations of the Exchange. The Exchange believes that by ensuring that its rules and Fees Schedule reflect the new branding name for the Extended Trading Hours session, the proposed rule change would reduce potential investor or market participant confusion. 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 that is not necessary or appropriate in furtherance of the purposes of the Act. The proposed rule change does not address competitive issues, but rather is concerned solely with updating the Exchange's rules and Fees Schedule to reflect the abovementioned name change. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Exchange neither solicited nor received comments on the proposed rule change. [[Page 49145]] III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A) of the Act \7\ and paragraph (f) of Rule 19b-4 \8\ thereunder. 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 will institute proceedings to determine whether the proposed rule change should be approved or disapproved. --------------------------------------------------------------------------- \7\ 15 U.S.C. 78s(b)(3)(A). \8\ 17 CFR 240.19b-4(f). --------------------------------------------------------------------------- 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 CommentsUse 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-CBOE-2018-063 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-CBOE-2018-063. 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. All submissions should refer to File Number SR-CBOE-2018-063 and should be submitted on or before October 19, 2018. --------------------------------------------------------------------------- \9\ 17 CFR 200.30-3(a)(12). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\9\ Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018-21110 Filed 9-27-18; 8:45 am] BILLING CODE 8011-01-P
![49144 Federal Register / Vol. 83, No. 189 / Friday, September 28, 2018 / Notices
Commission has received no comments Inc. (the ‘‘Exchange’’ or ‘‘Cboe administration of the Exchange and do
on the proposed rule change. Options’’) filed with the Securities and not affect the meaning, administration,
Section 19(b)(2) of the Act 4 provides Exchange Commission (the or enforcement of any rules of the
that within 45 days of the publication of ‘‘Commission’’) the proposed rule Exchange or the rights, obligations, or
notice of the filing of a proposed rule change as described in Items I, II, and privileges of Exchange members or their
change, or within such longer period up III below, which Items have been associated persons is any way.
to 90 days as the Commission may prepared by the Exchange. The
designate if it finds such longer period Commission is publishing this notice to 2. Statutory Basis
to be appropriate and publishes its solicit comments on the proposed rule
reasons for so finding or as to which the The Exchange believes the proposed
change from interested persons.
self-regulatory organization consents, rule change is consistent with the
the Commission shall either approve the I. Self-Regulatory Organization’s Securities Exchange Act of 1934 (the
proposed rule change, disapprove the Statement of the Terms of Substance of ‘‘Act’’) and the rules and regulations
proposed rule change, or institute the Proposed Rule Change thereunder applicable to the Exchange
proceedings to determine whether the The Exchange proposes to rename the and, in particular, the requirements of
proposed rule change should be ‘‘Extended Trading Hours’’ to ‘‘Global Section 6(b) of the Act.4 Specifically,
disapproved. The 45th day after Trading Hours’’ in its rules and Fees the Exchange believes the proposed rule
publication of the notice for this Schedule. change is consistent with Section 6(b)(4)
proposed rule change is September 30, The text of the proposed rule change of the Act10,5 which provides that
2018. The Commission is extending this is also available on the Exchange’s Exchange rules may provide for the
45-day time period. website (http://www.cboe.com/ equitable allocation of reasonable dues,
The Commission finds that it is AboutCBOE/CBOELegalRegula fees, and other charges among its Permit
appropriate to designate a longer period toryHome.aspx), at the Exchange’s Holders and other persons using its
within which to take action on the Office of the Secretary, and at the facilities. Additionally, the Exchange
proposed rule change so that it has Commission’s Public Reference Room. believes the proposed rule change is
sufficient time to consider the proposed consistent with the Section 6(b)(5) 6
rule change. Accordingly, the II. Self-Regulatory Organization’s
requirement that the rules of an
Commission, pursuant to Section Statement of the Purpose of, and
exchange not be designed to permit
19(b)(2) of the Act,5 designates Statutory Basis for, the Proposed Rule
unfair discrimination between
November 14, 2018, as the date by Change
customers, issuers, brokers, or dealers.
which the Commission shall either In its filing with the Commission, the
In particular, the proposed change is
approve or disapprove, or institute Exchange included statements
a non-substantive change and does not
proceedings to determine whether to concerning the purpose of and basis for
impact the governance, ownership or
disapprove, the proposed rule change the proposed rule change and discussed
any comments it received on the operations of the Exchange. The
(File No. SR–NYSE–2018–34).
proposed rule change. The text of these Exchange believes that by ensuring that
For the Commission, by the Division of its rules and Fees Schedule reflect the
Trading and Markets, pursuant to delegated statements may be examined at the
places specified in Item IV below. The new branding name for the Extended
authority.6
Exchange has prepared summaries, set Trading Hours session, the proposed
Eduardo A. Aleman,
forth in sections A, B, and C below, of rule change would reduce potential
Assistant Secretary. investor or market participant
[FR Doc. 2018–21108 Filed 9–27–18; 8:45 am]
the most significant aspects of such
statements. confusion.
BILLING CODE 8011–01–P
A. Self-Regulatory Organization’s B. Self-Regulatory Organization’s
Statement of the Purpose of, and Statement on Burden on Competition
SECURITIES AND EXCHANGE Statutory Basis for, the Proposed Rule
COMMISSION The Exchange does not believe that
Change
the proposed rule change will impose
[Release No. 34–84274; File No. SR–CBOE– 1. Purpose any burden on competition that is not
2018–063]
The purpose of this filing is to reflect necessary or appropriate in furtherance
Self-Regulatory Organizations; Cboe in the Exchange’s rulebook and Fees of the purposes of the Act. The
Exchange, Inc.; Notice of Filing and Schedule, a non-substantive branding proposed rule change does not address
Immediate Effectiveness of a Proposed change with respect to the Exchange’s competitive issues, but rather is
Rule Change Relating To Rename the ‘‘Extended Trading Hours’’ session.3 concerned solely with updating the
‘‘Extended Trading Hours’’ to ‘‘Global Particularly, references to ‘‘Extended Exchange’s rules and Fees Schedule to
Trading Hours’’ in Its Rules and Fees Trading Hours’’ or ‘‘ETH’’ will be reflect the abovementioned name
Schedule deleted and revised to state the new change.
session name of ‘‘Global Trading Hours’’ C. Self-Regulatory Organization’s
September 24, 2018.
or ‘‘GTH’’, respectively, throughout the Statement on Comments on the
Pursuant to Section 19(b)(1) of the Exchange’s rulebook and Fees Schedule.
Securities Exchange Act of 1934 (the Proposed Rule Change Received From
No other substantive changes are being
‘‘Act’’),1 and Rule 19b–4 thereunder,2 Members, Participants, or Others
proposed in this filing. The Exchange
amozie on DSK3GDR082PROD with NOTICES1
notice is hereby given that on represents that these changes are
September 18, 2018, Cboe Exchange, The Exchange neither solicited nor
concerned solely with the received comments on the proposed
4 15 U.S.C. 78s(b)(2). rule change.
3 The ‘‘Extended Trading Hours’’ session refers to
5 Id.
the hours outside of Regular Trading Hours during
6 17 CFR 200.30–3(a)(31). 4 15 U.S.C. 78f(b).
which the Exchange may be open for trading as set
1 15 U.S.C. 78s(b)(1). 5 15 U.S.C. 78f(b)(4).
forth in Rule 6.1 and may be referred to as a
2 17 CFR 240.19b–4. ‘‘trading session’’ in the Rules. 6 15 U.S.C. 78f(b)(5).
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![Federal Register / Vol. 83, No. 189 / Friday, September 28, 2018 / Notices 49145
III. Date of Effectiveness of the Reference Room, 100 F Street NE, SMALL BUSINESS ADMINISTRATION
Proposed Rule Change and Timing for Washington, DC 20549 on official
Commission Action [Disaster Declaration #15675; Florida
business days between the hours of
Disaster Number FL–00138 Declaration of
The foregoing rule change has become 10:00 a.m. and 3:00 p.m. Copies of the Economic Injury]
effective pursuant to Section 19(b)(3)(A) filing also will be available for
of the Act 7 and paragraph (f) of Rule inspection and copying at the principal Administrative Declaration
19b–4 8 thereunder. At any time within office of the Exchange. All comments Amendment of an Economic Injury
60 days of the filing of the proposed rule received will be posted without change. Disaster for the State of Florida
change, the Commission summarily may Persons submitting comments are
temporarily suspend such rule change if AGENCY: U.S. Small Business
cautioned that we do not redact or edit
it appears to the Commission that such Administration.
personal identifying information from
action is necessary or appropriate in the ACTION: Amendment 1.
comment submissions. All submissions
public interest, for the protection of should refer to File Number SR–CBOE–
investors, or otherwise in furtherance of SUMMARY: This is an amendment of an
2018–063 and should be submitted on Economic Injury Disaster Loan (EIDL)
the purposes of the Act. If the or before October 19, 2018.
Commission takes such action, the declaration for the State of Florida,
Commission will institute proceedings For the Commission, by the Division of dated 09/04/2018.
to determine whether the proposed rule Trading and Markets, pursuant to delegated Incident: Red Tide Algal Bloom.
change should be approved or authority.9 Incident Period: 11/01/2017 and
disapproved. Eduardo A. Aleman, continuing.
IV. Solicitation of Comments Assistant Secretary. DATES: Issued on 09/20/2018.
[FR Doc. 2018–21110 Filed 9–27–18; 8:45 am] Economic Injury (EIDL) Loan
Interested persons are invited to Application Deadline Date: 06/04/2019.
BILLING CODE 8011–01–P
submit written data, views, and ADDRESSES: Submit completed loan
arguments concerning the foregoing, applications to: U.S. Small Business
including whether the proposed rule
Administration, Processing and
change is consistent with the Act.
SMALL BUSINESS ADMINISTRATION Disbursement Center, 14925 Kingsport
Comments may be submitted by any of
Road, Fort Worth, TX 76155.
the following methods:
Interest Rates FOR FURTHER INFORMATION CONTACT:
Electronic Comments A. Escobar, Office of Disaster
• Use the Commission’s internet The Small Business Administration Assistance, U.S. Small Business
comment form (http://www.sec.gov/ publishes an interest rate called the Administration, 409 3rd Street SW,
rules/sro.shtml); or optional ‘‘peg’’ rate (13 CFR 120.214) on Suite 6050, Washington, DC 20416,
• Send an email to rule-comments@ a quarterly basis. This rate is a weighted (202) 205–6734.
sec.gov. Please include File Number SR– average cost of money to the SUPPLEMENTARY INFORMATION: The notice
CBOE–2018–063 on the subject line. government for maturities similar to the of an Economic Injury declaration for
average SBA direct loan. This rate may the State of FLORIDA dated 09/04/2018,
Paper Comments
be used as a base rate for guaranteed is hereby amended to include the
• Send paper comments in triplicate fluctuating interest rate SBA loans. This following areas as adversely affected by
to Secretary, Securities and Exchange rate will be 2.875 percent for the the disaster.
Commission, 100 F Street NE, October–December quarter of FY 2019.
Washington, DC 20549–1090. Primary Counties: Pinellas
Pursuant to 13 CFR 120.921(b), the Contiguous Counties:
All submissions should refer to File
maximum legal interest rate for any Florida: Pasco
Number SR–CBOE–2018–063. This file
number should be included on the third party lender’s commercial loan All other information in the original
subject line if email is used. To help the which funds any portion of the cost of declaration remains unchanged.
Commission process and review your a 504 project (see 13 CFR 120.801) shall (Catalog of Federal Domestic Assistance
comments more efficiently, please use be 6% over the New York Prime rate or, Number 59008)
only one method. The Commission will if that exceeds the maximum interest Dated: September 20, 2018.
post all comments on the Commission’s rate permitted by the constitution or
Linda E. McMahon,
internet website (http://www.sec.gov/ laws of a given State, the maximum
Administrator.
rules/sro.shtml). Copies of the interest rate will be the rate permitted
[FR Doc. 2018–21113 Filed 9–27–18; 8:45 am]
submission, all subsequent by the constitution or laws of the given
amendments, all written statements BILLING CODE 8025–01–P
State.
with respect to the proposed rule
change that are filed with the Dianna L. Seaborn,
Commission, and all written Director, Office of Financial Assistance. DEPARTMENT OF STATE
communications relating to the [FR Doc. 2018–21118 Filed 9–27–18; 8:45 am]
[Public Notice 10570]
proposed rule change between the BILLING CODE P
Commission and any person, other than Certification Pursuant to Section
those that may be withheld from the
amozie on DSK3GDR082PROD with NOTICES1
7041(a)(1) of the Department of State,
public in accordance with the Foreign Operations, and Related
provisions of 5 U.S.C. 552, will be Programs Appropriations Act, 2018
available for website viewing and
printing in the Commission’s Public By virtue of the authority vested in
me as Secretary of State pursuant to
7 15 U.S.C. 78s(b)(3)(A). section 7041(a)(1) of the Department of
8 17 CFR 240.19b–4(f). 9 17 CFR 200.30–3(a)(12). State, Foreign Operations, and Related
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Document Created: 2018-09-28 01:23:03
Document Modified: 2018-09-28 01:23:03
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| FR Citation | 83 FR 49144 |
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