83_FR_4957 83 FR 4934 - Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Relocate the Consolidated Audit Trail Compliance Rules

83 FR 4934 - Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Relocate the Consolidated Audit Trail Compliance Rules

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 23 (February 2, 2018)

Page Range4934-4936
FR Document2018-02128

Federal Register, Volume 83 Issue 23 (Friday, February 2, 2018)
[Federal Register Volume 83, Number 23 (Friday, February 2, 2018)]
[Notices]
[Pages 4934-4936]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-02128]


=======================================================================
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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82600; File No. SR-MRX-2018-03]


Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change To Relocate the 
Consolidated Audit Trail Compliance Rules

January 30, 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 January 24, 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.
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    \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 proposal to [sic] relocate the 
Consolidated Audit Trail Compliance rules (``CAT Rules''), currently 
under Chapter 9, Rules 900 through 912, to General 7, Sections 1 
through 13 in the Exchange's rulebook's (``Rulebook'') shell 
structure.\3\
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    \3\ Recently, 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 ISE, LLC; and Nasdaq GEMX, 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 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 CAT Rules, currently under 
Chapter 9, Rules 900 through 912, to General 7, Sections 1 through 13 
of the Rulebook's shell structure.
    The Exchange adopted the CAT Rules to implement a consolidated 
audit trail in order to capture customer and order event information to 
comply with the provisions of the National Market System Plan Governing 
the Consolidated Audit Trail.\4\ Because the

[[Page 4935]]

CAT Rules apply across all markets and to all products,\5\ the Exchange 
believes it is pertinent that they be located in the General section of 
the Rulebook's shell; therefore, the Exchange will amend the shell 
structure, creating a new ``General 7 Consolidated Audit Trail 
Compliance'' title under ``General Rules,'' and make conforming changes 
to the ``Options Rules'' titles; moreover, this proposal is consistent 
with similar filings concurrently submitted by the Affiliated 
Exchanges.
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    \4\ See Securities Exchange Act Release No. 80256 (March 15, 
2017), 82 FR 14526 (March 21, 2017) (SR-ISEMercury-2017-03) (Order 
Approving Proposed Rule Changes To Adopt Consolidated Audit Trail 
Compliance Rules).
     The Exchange notes that, at the time of the approval of the CAT 
Rules, the Exchange was known as ``ISE Mercury, LLC.'' To reflect 
the Exchange's placement within its parent company's corporate 
structure, Nasdaq, Inc., the Exchange name was changed to ``Nasdaq 
MRX, LLC.'' See Securities Exchange Act Release No. 80326 (March 29, 
2017), 82 FR 16460 (April 4, 2017) (SR-ISEMercury-2017-05).
    \5\ Id.
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    The relocation of the CAT Rules is part of the Exchange's continued 
effort to promote efficiency and conformity of its processes with those 
of its Affiliated Exchanges.\6\ The Exchange believes that the 
migration of the CAT Rules to their new location will facilitate the 
use of the Rulebook by Members \7\ of the Exchange who are members of 
other Affiliated Exchanges. Moreover, the proposed changes are of a 
non-substantive nature and will not amend the relocated rules other 
than to update their numbers, make cross-reference changes, and make 
changes to harmonize the proposed rule with the text of filings 
simultaneously submitted by the Affiliated Exchanges.\8\
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    \6\ See footnote 3.
    \7\ Exchange Rule 100(a)(28).
    \8\ Specifically, the Exchange will remove the word ``Rule'' 
from General 7's title which will now read ``Consolidated Audit 
Trail Compliance.''
    Moreover, the Exchange will update the description provided 
under General 7, Section 12(a), ``General,'' to exactly match the 
contents of similar sections in the Nasdaq, BX, and Phlx rulebooks. 
This change will not alter Section 12(a) since (i) the description 
under this subsection is essentially the same to that of the 
aforementioned Affiliated Exchanges and (ii) the removal of the 
phrase ``upon approval by the Commission'' is unnecessary at this 
point since the CAT Rules are already effective.
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2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section 
6(b) of the Act,\9\ in general, and furthers the objectives of Section 
6(b)(5) of the Act,\10\ 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 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. 
The Exchange believes that the relocation of the CAT Rules and cross-
reference updates are of a non-substantive nature.
---------------------------------------------------------------------------

    \9\ 15 U.S.C. 78f(b).
    \10\ 15 U.S.C. 78f(b)(5).
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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 
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' navigation and reading of the rules across the Affiliated 
Exchanges.

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)(iii) of the Act \11\ and 
subparagraph (f)(6) of Rule 19b-4 thereunder.\12\
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    \11\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \12\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii) 
requires the Exchange to give the Commission written notice of the 
Exchange's intent to file the proposed rule change, along with a 
brief description and 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. The 
Exchange has satisfied this requirement.
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    A proposed rule change filed under Rule 19b-4(f)(6) \13\ normally 
does not become operative prior to 30 days after the date of the 
filing. However, Rule 19b-4(f)(6)(iii) \14\ permits the Commission to 
designate a shorter time if such action is consistent with the 
protection of investors and the public interest. The Exchange has asked 
the Commission to waive the 30-day operative delay so that the Exchange 
can reorganize its Rulebook as already approved by the Commission. 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 as operative upon filing.\15\
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    \13\ 17 CFR 240.19b-4(f)(6).
    \14\ 17 CFR 240.19b-4(f)(6)(iii).
    \15\ For purposes only of waiving the 30-day operative delay, 
the Commission has also considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
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    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: (i) 
Necessary or appropriate in the public interest; (ii) for the 
protection of investors; or (iii) 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 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-2018-03 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-2018-03. 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

[[Page 4936]]

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-
2018-03 and should be submitted on or before February 23, 2018.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\16\
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    \16\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-02128 Filed 2-1-18; 8:45 am]
 BILLING CODE 8011-01-P



                                                4934                           Federal Register / Vol. 83, No. 23 / Friday, February 2, 2018 / Notices

                                                dated October 18, 2016 (ADAMS                           DFO one day before the meeting. If an                   publishing this notice to solicit
                                                Accession No. ML16279A448).                             electronic copy cannot be provided                      comments on the proposed rule change
                                                                                                        within this timeframe, presenters                       from interested persons.
                                                III. Finding of No Significant Impact
                                                                                                        should provide the DFO with a CD
                                                  On the basis of the EA, the NRC has                                                                           I. Self-Regulatory Organization’s
                                                                                                        containing each presentation at least
                                                concluded that the proposed license                                                                             Statement of the Terms of Substance of
                                                                                                        thirty minutes before the meeting.
                                                renewal for the Dominion’s SNM                                                                                  the Proposed Rule Change
                                                                                                        Electronic recordings will be permitted
                                                License Number SNM–2507 for the                         only during those portions of the                          The Exchange proposes to a proposal
                                                operation of NAPS specifically licensed                 meeting that are open to the public.                    to [sic] relocate the Consolidated Audit
                                                ISFSI located in Louisa County,                         Detailed procedures for the conduct of                  Trail Compliance rules (‘‘CAT Rules’’),
                                                Virginia, will not significantly affect the             and participation in ACRS meetings                      currently under Chapter 9, Rules 900
                                                quality of the human environment.                       were published in the Federal Register                  through 912, to General 7, Sections 1
                                                Therefore, the NRC has determined,                      on October 4, 2017 (82 FR 46312).                       through 13 in the Exchange’s rulebook’s
                                                pursuant to 10 CFR 51.31, that                             Information regarding changes to the                 (‘‘Rulebook’’) shell structure.3
                                                preparation of an EIS is not required for               agenda, whether the meeting has been                       The text of the proposed rule change
                                                the proposed action and a FONSI is                      canceled or rescheduled, and the time                   is available on the Exchange’s website at
                                                appropriate.                                            allotted to present oral statements can                 http://nasdaqmrx.cchwallstreet.com/, at
                                                  Dated at Rockville, Maryland, this 29th day           be obtained by contacting the identified                the principal office of the Exchange, and
                                                of January 2018.                                        DFO. Moreover, in view of the                           at the Commission’s Public Reference
                                                  For the Nuclear Regulatory Commission.                possibility that the schedule for ACRS                  Room.
                                                Craig G. Erlanger,                                      meetings may be adjusted by the                         II. Self-Regulatory Organization’s
                                                Director, Division of Fuel Cycle Safety,
                                                                                                        Chairman as necessary to facilitate the                 Statement of the Purpose of, and
                                                Safeguards, and Environmental Review,                   conduct of the meeting, persons                         Statutory Basis for, the Proposed Rule
                                                Office of Nuclear Material Safety and                   planning to attend should check with                    Change
                                                Safeguards.                                             the DFO if such rescheduling would
                                                                                                        result in a major inconvenience.                          In its filing with the Commission, the
                                                [FR Doc. 2018–02111 Filed 2–1–18; 8:45 am]
                                                                                                           If attending this meeting, please enter              Exchange included statements
                                                BILLING CODE 7590–01–P
                                                                                                        through the One White Flint North                       concerning the purpose of and basis for
                                                                                                        building, 11555 Rockville Pike,                         the proposed rule change and discussed
                                                NUCLEAR REGULATORY                                      Rockville, Maryland 20852. After                        any comments it received on the
                                                COMMISSION                                              registering with Security, please contact               proposed rule change. The text of these
                                                                                                        Mr. Theron Brown at 301–415–6207 to                     statements may be examined at the
                                                Advisory Committee on Reactor                           be escorted to the meeting room.                        places specified in Item IV below. The
                                                Safeguards; Meeting of the ACRS                                                                                 Exchange has prepared summaries, set
                                                                                                          Dated: January 26, 2018.
                                                Subcommittee on Planning and                                                                                    forth in sections A, B, and C below, of
                                                                                                        Mark L. Banks,                                          the most significant aspects of such
                                                Procedures; Notice of Meeting
                                                                                                        Chief, Technical Support Branch, Advisory               statements.
                                                   The ACRS Subcommittee on Planning                    Committee on Reactor Safeguards.
                                                and Procedures will hold a meeting on                   [FR Doc. 2018–02068 Filed 2–1–18; 8:45 am]              A. Self-Regulatory Organization’s
                                                February 7, 2018, 11545 Rockville Pike,                 BILLING CODE 7590–01–P
                                                                                                                                                                Statement of the Purpose of, and
                                                Room T–2B3, Rockville, Maryland                                                                                 Statutory Basis for, the Proposed Rule
                                                20852.                                                                                                          Change
                                                   The meeting will be open to public                   SECURITIES AND EXCHANGE                                 1. Purpose
                                                attendance.                                             COMMISSION
                                                   The agenda for the subject meeting                                                                             The Exchange proposes to relocate the
                                                shall be as follows:                                    [Release No. 34–82600; File No. SR–MRX–                 CAT Rules, currently under Chapter 9,
                                                                                                        2018–03]                                                Rules 900 through 912, to General 7,
                                                Wednesday, February 7, 2018–12:00                                                                               Sections 1 through 13 of the Rulebook’s
                                                p.m. until 1:00 p.m.                                    Self-Regulatory Organizations; Nasdaq                   shell structure.
                                                                                                        MRX, LLC; Notice of Filing and                            The Exchange adopted the CAT Rules
                                                  The Subcommittee will discuss
                                                                                                        Immediate Effectiveness of Proposed                     to implement a consolidated audit trail
                                                proposed ACRS activities and related
                                                                                                        Rule Change To Relocate the                             in order to capture customer and order
                                                matters. The Subcommittee will gather
                                                                                                        Consolidated Audit Trail Compliance                     event information to comply with the
                                                information, analyze relevant issues and
                                                                                                        Rules                                                   provisions of the National Market
                                                facts, and formulate proposed positions
                                                and actions, as appropriate, for                        January 30, 2018.                                       System Plan Governing the
                                                deliberation by the Full Committee.                        Pursuant to Section 19(b)(1) of the                  Consolidated Audit Trail.4 Because the
                                                  Members of the public desiring to                     Securities Exchange Act of 1934                            3 Recently, the Exchange added a shell structure
                                                provide oral statements and/or written                  (‘‘Act’’),1 and Rule 19b–4 thereunder,2                 to its Rulebook with the purpose of improving
                                                comments should notify the Designated                   notice is hereby given that on January                  efficiency and readability and to align its rules
                                                Federal Official (DFO), Quynh Nguyen                    24, 2018, Nasdaq MRX, LLC (‘‘MRX’’ or                   closer to those of its five sister exchanges, The
                                                (Telephone 301–415–5844 or Email:                       ‘‘Exchange’’) filed with the Securities                 Nasdaq Stock Market LLC; Nasdaq BX, Inc.; Nasdaq
                                                Quynh.Nguyen@nrc.gov) five days prior                                                                           PHLX LLC; Nasdaq ISE, LLC; and Nasdaq GEMX,
sradovich on DSK3GMQ082PROD with NOTICES




                                                                                                        and Exchange Commission                                 LLC (‘‘Affiliated Exchanges’’). See Securities
                                                to the meeting, if possible, so that                    (‘‘Commission’’) the proposed rule                      Exchange Act Release No. 82172 (November 29,
                                                arrangements can be made. Thirty-five                   change as described in Items I and II                   2017), 82 FR 57495 (December 5, 2017) (SR–MRX–
                                                hard copies of each presentation or                     below, which Items have been prepared                   2017–26).
                                                                                                                                                                   4 See Securities Exchange Act Release No. 80256
                                                handout should be provided to the DFO                   by the Exchange. The Commission is                      (March 15, 2017), 82 FR 14526 (March 21, 2017)
                                                thirty minutes before the meeting. In                                                                           (SR–ISEMercury–2017–03) (Order Approving
                                                addition, one electronic copy of each                     1 15   U.S.C. 78s(b)(1).                              Proposed Rule Changes To Adopt Consolidated
                                                presentation should be emailed to the                     2 17   CFR 240.19b–4.                                 Audit Trail Compliance Rules).



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                                                                               Federal Register / Vol. 83, No. 23 / Friday, February 2, 2018 / Notices                                                         4935

                                                CAT Rules apply across all markets and                  the Exchange’s processes with those of                    operative delay so that the Exchange can
                                                to all products,5 the Exchange believes                 the Affiliated Exchanges and to make                      reorganize its Rulebook as already
                                                it is pertinent that they be located in the             the Exchange’s Rulebook easier to read                    approved by the Commission. The
                                                General section of the Rulebook’s shell;                and more accessible to its Members. The                   Commission believes that waiver of the
                                                therefore, the Exchange will amend the                  Exchange believes that the relocation of                  30-day operative delay is consistent
                                                shell structure, creating a new ‘‘General               the CAT Rules and cross-reference                         with the protection of investors and the
                                                7 Consolidated Audit Trail Compliance’’                 updates are of a non-substantive nature.                  public interest. Accordingly, the
                                                title under ‘‘General Rules,’’ and make                                                                           Commission hereby waives the
                                                                                                        B. Self-Regulatory Organization’s
                                                conforming changes to the ‘‘Options                                                                               operative delay and designates the
                                                                                                        Statement on Burden on Competition
                                                Rules’’ titles; moreover, this proposal is                                                                        proposed rule change as operative upon
                                                consistent with similar filings                            The Exchange does not believe that                     filing.15
                                                concurrently submitted by the Affiliated                the proposed rule change will impose                         At any time within 60 days of the
                                                Exchanges.                                              any burden on competition not                             filing of the proposed rule change, the
                                                   The relocation of the CAT Rules is                   necessary or appropriate in furtherance                   Commission summarily may
                                                part of the Exchange’s continued effort                 of the purposes of the Act. The                           temporarily suspend such rule change if
                                                to promote efficiency and conformity of                 proposed changes do not impose a                          it appears to the Commission that such
                                                its processes with those of its Affiliated              burden on competition because, as                         action is: (i) Necessary or appropriate in
                                                Exchanges.6 The Exchange believes that                  previously stated, they (i) are of a non-                 the public interest; (ii) for the protection
                                                the migration of the CAT Rules to their                 substantive nature, (ii) are intended to                  of investors; or (iii) otherwise in
                                                new location will facilitate the use of                 harmonize the Exchange’s rules with                       furtherance of the purposes of the Act.
                                                the Rulebook by Members 7 of the                        those of its Affiliated Exchanges, and                    If the Commission takes such action, the
                                                Exchange who are members of other                       (iii) are intended to organize the                        Commission shall institute proceedings
                                                Affiliated Exchanges. Moreover, the                     Rulebook in a way that it will ease the                   to determine whether the proposed rule
                                                proposed changes are of a non-                          Members’ navigation and reading of the                    should be approved or disapproved.
                                                substantive nature and will not amend                   rules across the Affiliated Exchanges.
                                                                                                                                                                  IV. Solicitation of Comments
                                                the relocated rules other than to update                C. Self-Regulatory Organization’s
                                                their numbers, make cross-reference                                                                                 Interested persons are invited to
                                                                                                        Statement on Comments on the                              submit written data, views, and
                                                changes, and make changes to                            Proposed Rule Change Received From
                                                harmonize the proposed rule with the                                                                              arguments concerning the foregoing,
                                                                                                        Members, Participants, or Others                          including whether the proposed rule
                                                text of filings simultaneously submitted
                                                by the Affiliated Exchanges.8                             No written comments were either                         change is consistent with the Act.
                                                                                                        solicited or received.                                    Comments may be submitted by any of
                                                2. Statutory Basis                                                                                                the following methods:
                                                                                                        III. Date of Effectiveness of the
                                                   The Exchange believes that its
                                                                                                        Proposed Rule Change and Timing for                       Electronic Comments
                                                proposal is consistent with Section 6(b)
                                                                                                        Commission Action                                           • Use the Commission’s internet
                                                of the Act,9 in general, and furthers the
                                                objectives of Section 6(b)(5) of the Act,10                Because the foregoing proposed rule                    comment form (http://www.sec.gov/
                                                in particular, in that it is designed to                change does not: (i) Significantly affect                 rules/sro.shtml); or
                                                promote just and equitable principles of                the protection of investors or the public                   • Send an email to rule-comments@
                                                trade, to remove impediments to and                     interest; (ii) impose any significant                     sec.gov. Please include File Number SR–
                                                perfect the mechanism of a free and                     burden on competition; and (iii) become                   MRX–2018–03 on the subject line.
                                                open market and a national market                       operative for 30 days from the date on                    Paper Comments
                                                system, and, in general to protect                      which it was filed, or such shorter time
                                                investors and the public interest, by                   as the Commission may designate, it has                     • Send paper comments in triplicate
                                                promoting efficiency and conformity of                  become effective pursuant to Section                      to Secretary, Securities and Exchange
                                                                                                        19(b)(3)(A)(iii) of the Act 11 and                        Commission, 100 F Street NE,
                                                   The Exchange notes that, at the time of the          subparagraph (f)(6) of Rule 19b–4                         Washington, DC 20549–1090.
                                                approval of the CAT Rules, the Exchange was             thereunder.12                                             All submissions should refer to File
                                                known as ‘‘ISE Mercury, LLC.’’ To reflect the              A proposed rule change filed under                     Number SR–MRX–2018–03. This file
                                                Exchange’s placement within its parent company’s
                                                corporate structure, Nasdaq, Inc., the Exchange         Rule 19b–4(f)(6) 13 normally does not                     number should be included on the
                                                name was changed to ‘‘Nasdaq MRX, LLC.’’ See            become operative prior to 30 days after                   subject line if email is used. To help the
                                                Securities Exchange Act Release No. 80326 (March        the date of the filing. However, Rule                     Commission process and review your
                                                29, 2017), 82 FR 16460 (April 4, 2017) (SR–                                                                       comments more efficiently, please use
                                                ISEMercury–2017–05).                                    19b–4(f)(6)(iii) 14 permits the
                                                   5 Id.                                                Commission to designate a shorter time                    only one method. The Commission will
                                                   6 See footnote 3.                                    if such action is consistent with the                     post all comments on the Commission’s
                                                   7 Exchange Rule 100(a)(28).                          protection of investors and the public                    internet website (http://www.sec.gov/
                                                   8 Specifically, the Exchange will remove the word
                                                                                                        interest. The Exchange has asked the                      rules/sro.shtml). Copies of the
                                                ‘‘Rule’’ from General 7’s title which will now read     Commission to waive the 30-day                            submission, all subsequent
                                                ‘‘Consolidated Audit Trail Compliance.’’
                                                                                                                                                                  amendments, all written statements
                                                   Moreover, the Exchange will update the
                                                description provided under General 7, Section
                                                                                                          11 15  U.S.C. 78s(b)(3)(A)(iii).                        with respect to the proposed rule
                                                12(a), ‘‘General,’’ to exactly match the contents of      12 17  CFR 240.19b–4(f)(6). In addition, Rule 19b–      change that are filed with the
                                                similar sections in the Nasdaq, BX, and Phlx            4(f)(6)(iii) requires the Exchange to give the            Commission, and all written
sradovich on DSK3GMQ082PROD with NOTICES




                                                rulebooks. This change will not alter Section 12(a)     Commission written notice of the Exchange’s intent
                                                since (i) the description under this subsection is      to file the proposed rule change, along with a brief      communications relating to the
                                                essentially the same to that of the aforementioned      description and text of the proposed rule change,         proposed rule change between the
                                                Affiliated Exchanges and (ii) the removal of the        at least five business days prior to the date of filing
                                                phrase ‘‘upon approval by the Commission’’ is           of the proposed rule change, or such shorter time            15 For purposes only of waiving the 30-day
                                                unnecessary at this point since the CAT Rules are       as designated by the Commission. The Exchange             operative delay, the Commission has also
                                                already effective.                                      has satisfied this requirement.                           considered the proposed rule’s impact on
                                                   9 15 U.S.C. 78f(b).                                     13 17 CFR 240.19b–4(f)(6).
                                                                                                                                                                  efficiency, competition, and capital formation. See
                                                   10 15 U.S.C. 78f(b)(5).                                 14 17 CFR 240.19b–4(f)(6)(iii).                        15 U.S.C. 78c(f).



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                                                4936                             Federal Register / Vol. 83, No. 23 / Friday, February 2, 2018 / Notices

                                                Commission and any person, other than                     Office of Minority and Women                          writing within 60 days of this
                                                those that may be withheld from the                       Inclusion (OMWI) developed and                        publication. Please direct your written
                                                public in accordance with the                             maintains an electronic Supplier                      comments to Pamela Dyson, Director/
                                                provisions of 5 U.S.C. 552, will be                       Diversity Business Management System                  Chief Information Officer, Securities
                                                available for website viewing and                         (the System) to collect up-to-date                    and Exchange Commission, c/o Remi
                                                printing in the Commission’s Public                       business information and capabilities                 Pavlik-Simon, 100 F Street NE,
                                                Reference Room, 100 F Street NE,                          statements from diverse suppliers                     Washington, DC 20549 or send an email
                                                Washington, DC 20549, on official                         interested in doing business with the                 to: PRA_Mailbox@sec.gov.
                                                business days between the hours of                        Commission. This information allows                     January 30, 2018.
                                                10:00 a.m. and 3:00 p.m. Copies of the                    the Commission to update and more
                                                                                                                                                                Eduardo A. Aleman,
                                                filing also will be available for                         effectively manage its current internal
                                                inspection and copying at the principal                   repository. It also allows the                        Assistant Secretary.
                                                office of the Exchange. All comments                      Commission to measure the                             [FR Doc. 2018–02116 Filed 2–1–18; 8:45 am]
                                                received will be posted without change.                   effectiveness of its technical assistance             BILLING CODE 8011–01–P
                                                Persons submitting comments are                           and outreach efforts, and target areas
                                                cautioned that we do not redact or edit                   where additional program efforts are
                                                personal identifying information from                     necessary.                                            SECURITIES AND EXCHANGE
                                                comment submissions. You should                              The Commission invites comment on                  COMMISSION
                                                submit only information that you wish                     the System. Information is collected in               [Release No. 34–82598; File No. SR–GEMX–
                                                to make available publicly. All                           the System via web-based, e-filed,                    2018–02]
                                                submissions should refer to File                          dynamic form-based technology. The
                                                Number SR–MRX–2018–03 and should                          company point of contact completes a                  Self-Regulatory Organizations; Nasdaq
                                                be submitted on or before February 23,                    profile consisting of basic contact data              GEMX, LLC; Notice of Filing and
                                                2018.                                                     and information on the capabilities of                Immediate Effectiveness of Proposed
                                                  For the Commission, by the Division of                  the business. The profile includes a                  Rule Change To Relocate the
                                                Trading and Markets, pursuant to delegated                series of questions, some of which are                Consolidated Audit Trail Compliance
                                                authority.16                                              based on the data that the individual                 Rules
                                                Eduardo A. Aleman,                                        enters. Drop-down lists are included
                                                                                                          where appropriate to increase ease of                 January 30, 2018.
                                                Assistant Secretary.                                                                                               Pursuant to Section 19(b)(1) of the
                                                [FR Doc. 2018–02128 Filed 2–1–18; 8:45 am]
                                                                                                          use.
                                                                                                             The information collection is                      Securities Exchange Act of 1934
                                                BILLING CODE 8011–01–P
                                                                                                          voluntary. There are no costs associated              (‘‘Act’’),1 and Rule 19b–4 thereunder,2
                                                                                                          with this collection. The public                      notice is hereby given that on January
                                                                                                          interface to the System is available via              24, 2018, Nasdaq GEMX, LLC (‘‘GEMX’’
                                                SECURITIES AND EXCHANGE                                                                                         or ‘‘Exchange’’) filed with the Securities
                                                COMMISSION                                                a web-link provided by the agency.
                                                                                                             Estimated number of annual                         and Exchange Commission
                                                Proposed Collection; Comment                              responses = 300.                                      (‘‘Commission’’) the proposed rule
                                                Request                                                      Estimated annual reporting burden =                change as described in Items I and II
                                                                                                          150 hours (30 minutes per submission).                below, which Items have been prepared
                                                Upon Written Request Copies Available                        Since the last approval of this                    by the Exchange. The Commission is
                                                 From: U.S. Securities and Exchange                       information collection, we have                       publishing this notice to solicit
                                                 Commission, Office of FOIA Services,                     adjusted the estimated number of                      comments on the proposed rule change
                                                 100 F Street NE, Washington, DC                          respondents from 500 to 300                           from interested persons.
                                                 20549–2736                                               respondents per year, based on the
                                                                                                          actual response rate for the past two                 I. Self-Regulatory Organization’s
                                                Extension:                                                                                                      Statement of the Terms of Substance of
                                                  Supplier Diversity Business Management                  years and anticipated increase in that
                                                    System, SEC File No. 270–663, OMB                     response rate with the posting of a link              the Proposed Rule Change
                                                    Control No. 3235–0724                                 to the System on our web page to allow                   The Exchange proposes to relocate the
                                                   Notice is hereby given that, pursuant                  self-registration. This reduction in the              Consolidated Audit Trail Compliance
                                                to the Paperwork Reduction Act of 1995                    number of respondents has resulted in                 rules (‘‘CAT Rules’’), currently under
                                                (44 U.S.C. 3501 et seq.), the Securities                  a 100-hour reduction in the total burden              Chapter 9, Rules 900 through 912, to
                                                and Exchange Commission                                   estimate.                                             General 7, Sections 1 through 13 in the
                                                (‘‘Commission’’) is soliciting comments                      Written comments are invited on: (a)               Exchange’s rulebook’s (‘‘Rulebook’’)
                                                on the existing collection of information                 Whether this collection of information                shell structure.3
                                                summarized below. The Commission                          is necessary for the proper performance                  The text of the proposed rule change
                                                plans to submit this existing collection                  of the functions of the agency, including             is available on the Exchange’s website at
                                                of information to the Office of                           whether the information will have                     http://nasdaqgemx.cchwallstreet.com/,
                                                Management and Budget (‘‘OMB’’) for                       practical utility; (b) the accuracy of the            at the principal office of the Exchange,
                                                approval.                                                 agency’s estimate of the burden imposed
                                                   The Commission is required under                       by the collection of information; (c)                   1 15  U.S.C. 78s(b)(1).
                                                Section 342 of the Dodd Frank Wall                        ways to enhance the quality, utility, and               2 17  CFR 240.19b–4.
                                                                                                                                                                   3 Recently, the Exchange added a shell structure
                                                                                                          clarity of the information collected; and
sradovich on DSK3GMQ082PROD with NOTICES




                                                Street and Reform Act to develop
                                                                                                                                                                to its Rulebook with the purpose of improving
                                                standards and processes for ensuring the                  (d) ways to minimize the burden of the                efficiency and readability and to align its rules
                                                fair inclusion of women-owned and                         collection of information on                          closer to those of its five sister exchanges, The
                                                minority-owned businesses in all of the                   respondents, including through the use                Nasdaq Stock Market LLC; Nasdaq BX, Inc.; Nasdaq
                                                Commission’s business activities. To                      of automated collection techniques or                 PHLX LLC; Nasdaq ISE, LLC; and Nasdaq MRX,
                                                                                                                                                                LLC (‘‘Affiliated Exchanges’’). See Securities
                                                help implement this requirement, the                      other forms of information technology.                Exchange Act Release No. 82171 (November 29,
                                                                                                          Consideration will be given to                        2017), 82 FR 57516 (December 5, 2017) (SR–GEMX–
                                                  16 17   CFR 200.30–3(a)(12).                            comments and suggestions submitted in                 2017–54).



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Document Created: 2018-02-03 14:27:40
Document Modified: 2018-02-03 14:27:40
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 4934 

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