83 FR 58640 - Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Chapter IV, Securities Traded on NOM, Section 8, Long-Term Options Contracts

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 224 (November 20, 2018)

Page Range		58640-58642
FR Document		2018-25244
Federal Register, Volume 83 Issue 224 (Tuesday, November 20, 2018)
[Federal Register Volume 83, Number 224 (Tuesday, November 20, 2018)]
[Notices]
[Pages 58640-58642]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-25244]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-84588; File No. SR-NASDAQ-2018-088]


Self-Regulatory Organizations; The Nasdaq Stock Market LLC; 
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To 
Amend Chapter IV, Securities Traded on NOM, Section 8, Long-Term 
Options Contracts

November 14, 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 November 7, 2018, The Nasdaq Stock Market LLC (``Nasdaq'' 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 amend Chapter IV, Securities Traded on 
NOM, Section 8, Long-Term Options Contracts.
    The text of the proposed rule change is available on the Exchange's 
website at http://nasdaq.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 amend its rules at Chapter IV, Securities 
Traded on NOM, Section 8, Long-Term Options Contracts, in order (i) to 
clarify the number of long-term option contract (``LEAPS'') expiration 
months that may be listed on the Exchange on underlying securities 
under the current rule, and (ii) to expand the number of LEAPS 
expiration months that may be listed in options on the SPDR[supreg] S&P 
500[supreg] exchange-traded fund (the ``SPY ETF'') in particular.
Clarification of the Number of Permitted Expiration Months
    Pursuant to current Chapter IV, Section 8, the Exchange may list 
LEAPS that expire from twelve (12) to thirty-nine (39) months from the 
time they are listed. The rule provides that there may be up to six (6) 
additional expiration months. Because the rule does not specify which 
expiration months the six months are in addition to, and thus is 
ambiguous, the Exchange proposes to delete the word ``additional.'' As 
amended, the rule would clearly and simply provide that the Exchange 
may list six expiration months having from twelve up to thirty-nine 
months from the time they are listed until expiration. This aspect of 
the proposed rule change is based upon Nasdaq PHLX, LLC (``Phlx'') Rule 
1012, Series of Options Open for Trading, subsection (a)(i)(D).\3\
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    \3\ See Securities Exchange Act Release No. 80769 (May 25, 
2017), 82 FR 25472 (June 1, 2017) (SR-Phlx-2017-41).
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Additional Expiration Months in SPY ETF LEAPS
    The Exchange proposes to further amend Chapter IV, Section 8, to 
permit up to ten LEAPS expiration months for options on the SPY ETF in 
response to customer demand.\4\ The proposal will add liquidity to the 
SPY ETF options market by allowing market participants to hedge risks 
relating to SPY ETF option positions over a longer time period with a 
known and limited cost. This aspect of the proposed rule change is also 
based upon Phlx Rule 1012, Series of Options Open for Trading, 
subsection (a)(i)(D), as recently amended.\5\
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    \4\ Chapter XIV, Index Rules, Section 11, Terms of Index Options 
Contracts, subsection (b)(1)(i) currently permits the Exchange to 
list up to ten (10) expiration months in long term index options.
    \5\ See Securities Exchange Act Release No. 84449 (October 18, 
2018), 83 FR 53699 (October 24, 2018) (SR-Phlx-2018-64).
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    The SPY ETF options market today is characterized by its tremendous 
daily and annual liquidity. As a consequence the Exchange believes that 
the listing of additional SPY ETF LEAPS expiration months would be well 
received by investors. This proposal to expand the number of permitted 
SPY ETF LEAPS expiration months would not apply to LEAPS on any other 
security.\6\
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    \6\ Historically, SPY ETF is the largest and most actively 
traded ETF in the United States as measured by its assets under 
management and the value of shares traded.
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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. 
First, as noted above, the proposal protects investors and the public 
interest by clarifying ambiguous rule language associated with 
permitted listings of long term options. Second, the proposal

[[Page 58641]]

would permit the Exchange to offer market participants additional LEAPS 
on SPY ETF options for their investment and risk management purposes. 
This aspect of the proposal is intended simply to provide additional 
trading opportunities which have been requested by customers, thereby 
facilitating transactions in options and contributing to the protection 
of investors and the maintenance of fair and orderly markets. The 
proposed rule change responds to the continuing needs of market 
participants, particularly portfolio managers and other institutional 
customers, by providing protection from long-term market moves and by 
offering an alternative to hedging portfolios with futures positions or 
off-exchange customized derivative instruments. The Exchange believes 
that the addition today of four additional expiration months for SPY 
ETF LEAPS does not represent a proliferation of expiration months, but 
is instead a very modest expansion of LEAPS in response to stated 
customer demand. Significantly, the proposal would feature new LEAPS 
expiration months in only a single class of options that are very 
liquid and heavily traded, as discussed above. Additionally, the 
Exchange notes by way of precedent that ten expiration months are 
already permitted for stock index LEAPS. Further, the Exchange has the 
necessary systems capacity to support the [sic]
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    \7\ 15 U.S.C. 78f(b).
    \8\ 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. On the contrary, the Exchange 
believes that the proposed amendment will benefit investors, market 
participants, and the marketplace in general by eliminating ambiguity 
in the current rules regarding the number of permitted expiration 
months in LEAPS generally. Additionally, the proposal merely provides 
investors additional investment and risk management opportunities by 
providing flexibility to the Exchange to list additional LEAPS 
expiration series, expanding the number of SPY ETF LEAPS offered on the 
Exchange from six expiration months to ten expiration months.

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\
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    \9\ 15 U.S.C. 78s(b)(3)(A).
    \10\ 17 CFR 240.19b-4. In addition, Rule 19b-4(f)(6)(iii) 
requires a self-regulatory organization to give the Commission 
written notice of its 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) \11\ normally 
does not become operative prior to 30 days after the date of the 
filing. However, pursuant to Rule 19b4(f)(6)(iii),\12\ the Commission 
may 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 proposal 
may become operative on November 16, 2018, to coincide with the 
effective date of Phlx's proposed rule change on which the proposal is 
partially based.\13\ The Exchange's proposal would clarify ambiguous 
rule text and would conform the Exchange's rules relating to permitted 
number of SPY ETF LEAPS expirations to those of Phlx. Accordingly, the 
Commission believes that the proposal raises no new or novel regulatory 
issues and waiver of the 30-day operative delay is consistent with the 
protection of investors and the public interest. The Commission 
therefore waives the 30-day operative delay and designates the proposal 
operative on November 16, 2018.\14\
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    \11\ 17 CFR 240.19b-4(f)(6).
    \12\ 17 CFR 240.19b-4(f)(6)(iii).
    \13\ See supra note 5.
    \14\ 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 necessary or 
appropriate in the public interest, for the protection of investors, or 
otherwise in furtherance of the purposes of the Act.

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-NASDAQ-2018-088 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-NASDAQ-2018-088. 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-NASDAQ-2018-088 and should be submitted 
on or before December 11, 2018.


[[Page 58642]]


    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\15\
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    \15\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-25244 Filed 11-19-18; 8:45 am]
 BILLING CODE 8011-01-P
Federal Register / Vol. 83, No. 224 / Tuesday, November 20, 2018 / Notices 58641

would permit the Exchange to offer III. Date of Effectiveness of the IV. Solicitation of Comments
market participants additional LEAPS Proposed Rule Change and Timing for
on SPY ETF options for their investment Commission Action Interested persons are invited to
and risk management purposes. This submit written data, views, and
aspect of the proposal is intended Because the foregoing proposed rule arguments concerning the foregoing,
simply to provide additional trading change does not: (i) Significantly affect including whether the proposed rule
opportunities which have been the protection of investors or the public change is consistent with the Act.
requested by customers, thereby interest; (ii) impose any significant Comments may be submitted by any of
facilitating transactions in options and burden on competition; and (iii) become the following methods:
contributing to the protection of operative for 30 days from the date on
investors and the maintenance of fair which it was filed, or such shorter time Electronic Comments
and orderly markets. The proposed rule as the Commission may designate, it has
become effective pursuant to Section • Use the Commission’s internet
change responds to the continuing comment form (http://www.sec.gov/
needs of market participants, 19(b)(3)(A) of the Act 9 and Rule 19b–
4(f)(6) thereunder.10 rules/sro.shtml); or
particularly portfolio managers and
other institutional customers, by A proposed rule change filed under • Send an email to rule-comments@
providing protection from long-term Rule 19b–4(f)(6) 11 normally does not sec.gov. Please include File Number SR–
market moves and by offering an become operative prior to 30 days after NASDAQ–2018–088 on the subject line.
alternative to hedging portfolios with the date of the filing. However, pursuant
Paper Comments
futures positions or off-exchange to Rule 19b4(f)(6)(iii),12 the Commission
customized derivative instruments. The may designate a shorter time if such • Send paper comments in triplicate
Exchange believes that the addition action is consistent with the protection to Secretary, Securities and Exchange
today of four additional expiration of investors and the public interest. The Commission, 100 F Street NE,
months for SPY ETF LEAPS does not Exchange has asked the Commission to Washington, DC 20549–1090.
represent a proliferation of expiration waive the 30-day operative delay so that
months, but is instead a very modest the proposal may become operative on All submissions should refer to File
expansion of LEAPS in response to November 16, 2018, to coincide with the Number SR–NASDAQ–2018–088. This
stated customer demand. Significantly, effective date of Phlx’s proposed rule file number should be included on the
the proposal would feature new LEAPS change on which the proposal is subject line if email is used. To help the
expiration months in only a single class partially based.13 The Exchange’s Commission process and review your
of options that are very liquid and proposal would clarify ambiguous rule comments more efficiently, please use
heavily traded, as discussed above. text and would conform the Exchange’s only one method. The Commission will
Additionally, the Exchange notes by rules relating to permitted number of post all comments on the Commission’s
way of precedent that ten expiration SPY ETF LEAPS expirations to those of internet website (http://www.sec.gov/
months are already permitted for stock Phlx. Accordingly, the Commission rules/sro.shtml). Copies of the
index LEAPS. Further, the Exchange has believes that the proposal raises no new submission, all subsequent
the necessary systems capacity to or novel regulatory issues and waiver of amendments, all written statements
support the [sic] the 30-day operative delay is consistent with respect to the proposed rule
B. Self-Regulatory Organization’s with the protection of investors and the change that are filed with the
Statement on Burden on Competition public interest. The Commission Commission, and all written
therefore waives the 30-day operative
The Exchange does not believe that communications relating to the
delay and designates the proposal
the proposed rule change will impose proposed rule change between the
operative on November 16, 2018.14
any burden on competition not Commission and any person, other than
necessary or appropriate in furtherance At any time within 60 days of the those that may be withheld from the
of the purposes of the Act. On the filing of the proposed rule change, the public in accordance with the
contrary, the Exchange believes that the Commission summarily may
provisions of 5 U.S.C. 552, will be
proposed amendment will benefit temporarily suspend such rule change if
available for website viewing and
investors, market participants, and the it appears to the Commission that such
action is necessary or appropriate in the printing in the Commission’s Public
marketplace in general by eliminating Reference Room, 100 F Street NE,
ambiguity in the current rules regarding public interest, for the protection of
investors, or otherwise in furtherance of Washington, DC 20549, on official
the number of permitted expiration business days between the hours of
months in LEAPS generally. the purposes of the Act.
10:00 a.m. and 3:00 p.m. Copies of the
Additionally, the proposal merely filing also will be available for
9 15 U.S.C. 78s(b)(3)(A).
provides investors additional 10 17 inspection and copying at the principal
CFR 240.19b–4. In addition, Rule 19b–
investment and risk management 4(f)(6)(iii) requires a self-regulatory organization to office of the Exchange. All comments
opportunities by providing flexibility to give the Commission written notice of its intent to received will be posted without change.
the Exchange to list additional LEAPS file the proposed rule change, along with a brief
description and text of the proposed rule change, Persons submitting comments are
expiration series, expanding the number
of SPY ETF LEAPS offered on the at least five business days prior to the date of filing cautioned that we do not redact or edit
of the proposed rule change, or such shorter time personal identifying information from
Exchange from six expiration months to as designated by the Commission. The Exchange
ten expiration months. has satisfied this requirement. comment submissions. You should
11 17 CFR 240.19b–4(f)(6). submit only information that you wish
C. Self-Regulatory Organization’s 12 17 CFR 240.19b–4(f)(6)(iii). to make available publicly. All
Statement on Comments on the 13 See supra note 5.
submissions should refer to File
Proposed Rule Change Received From 14 For purposes only of waiving the 30-day
Number SR–NASDAQ–2018–088 and
Members, Participants, or Others operative delay, the Commission has also
should be submitted on or before
considered the proposed rule’s impact on
No written comments were either efficiency, competition, and capital formation. See December 11, 2018.
solicited or received. 15 U.S.C. 78c(f).

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58642 Federal Register / Vol. 83, No. 224 / Tuesday, November 20, 2018 / Notices

For the Commission, by the Division of statements may be examined at the strategy orders in the appropriate SPY
Trading and Markets, pursuant to delegated places specified in Item IV below. The option series during the SPIKES Special
authority.15 Exchange has prepared summaries, set Settlement Auction on the SPIKES
Eduardo A. Aleman, forth in sections A, B, and C below, of expiration/final settlement date. Given
Assistant Secretary. the most significant aspects of such that SAOs are designed for the special
[FR Doc. 2018–25244 Filed 11–19–18; 8:45 am] statements. purpose of closing a hedged position
BILLING CODE 8011–01–P and are available for use only during the
A. Self-Regulatory Organization’s
SPIKES Special Settlement Auction, the
Statement of the Purpose of, and
Exchange proposes to amend its rules to
SECURITIES AND EXCHANGE Statutory Basis for, the Proposed Rule
remove SAO Orders from certain risk
COMMISSION Change
protection features offered by the
[Release No. 34–84594; File No. SR–MIAX– 1. Purpose Exchange.
2018–34] On June 28, 2018, the Exchange filed Specifically, the Exchange proposes to
with the Securities and Exchange amend Exchange Rule 519, MIAX Order
Self-Regulatory Organizations: Notice Commission (‘‘SEC’’) a proposal to list Monitor. The MIAX Order Monitor is a
of Filing of a Proposed Rule Change by and trade on the Exchange, options on risk management feature of the
Miami International Securities the SPIKESTM Index, a new index that Exchange’s System.6 Pursuant to
Exchange, LLC To Amend Exchange measures expected 30-day volatility of paragraph (a) of the Rule, the MIAX
Rule 519, MIAX Order Monitor; the SPDR S&P 500 ETF Trust.3 To Order Monitor provides an order price
Exchange Rule 519A, Risk Protection establish the settlement value for the protection for Market Orders to Sell,7
Monitor; and Rule 517, Quote Types Index, a settlement auction named the Market Orders to Buy or Sell,8 and Limit
Defined SPIKES Special Settlement Auction will Orders to Buy or Sell,9 in order to avoid
be conducted once per month, on the the occurrence of potential obvious or
November 14, 2018. catastrophic errors on the Exchange.
Pursuant to the provisions of Section day the settlement value for the Index
is to be calculated. During the SPIKES The MIAX Order Monitor will prevent
19(b)(1) of the Securities Exchange Act certain orders from executing or being
of 1934 (‘‘Act’’) 1 and Rule 19b–4 Special Settlement Auction, in addition
to any order types that may regularly be placed on the Book 10 at prices outside
thereunder,2 notice is hereby given that pre-set standard limits.11 The MIAX
on November 9, 2018, Miami accepted by the Exchange, the Exchange
will also accept settlement auction only Order Monitor will also cause the
International Securities Exchange, LLC System to prevent certain orders from
(‘‘MIAX Options’’ or ‘‘Exchange’’) filed orders (‘‘SAO Orders’’) and settlement
auction only eQuotes (‘‘SAO eQuotes’’). executing or being placed on the Book
with the Securities and Exchange if the size of the order exceeds the order
Commission (‘‘Commission’’) a (SAO Orders and SAO eQuotes are
collectively referred to as ‘‘SAOs’’).4 size protection designated by the
proposed rule change as described in Member.12 The MIAX Order Monitor
Items I and II below, which Items have SAOs are specific order types that allow
a Member 5 to voluntarily tag such an will also cause the System to reject any
been prepared by the Exchange. The orders that exceed the maximum
Commission is publishing this notice to order as a SPIKES strategy order.
The Exchange anticipates that market number of open orders held in the
solicit comments on the proposed rule System on behalf of a particular
participants that actively trade SPIKES
change from interested persons. Member, as designated by the
options may hedge their positions with
I. Self-Regulatory Organization’s SPY option series that will also be used Member.13 The MIAX Order Monitor
Statement of the Terms of Substance of to calculate the SPIKES exercise will also cause the System to reject any
the Proposed Rule Change settlement/final settlement value. orders that exceed the maximum
Market participants holding hedged number of open contracts represented
The Exchange is filing a proposal to by orders held in the System on behalf
amend Exchange Rule 519, MIAX Order SPIKES options positions may trade out
of their SPY option series on the of a particular Member, as designated by
Monitor; Exchange Rule 519A, Risk the Member.14
Protection Monitor; and Rule 517, Quote relevant SPIKES expiration/final
settlement date. Specifically, market The Exchange now proposes to amend
Types Defined. Exchange Rule 519, Interpretations and
The text of the proposed rule change participants holding short, hedged
SPIKES options could liquidate that Policies, to adopt new subsection .03, to
is available on the Exchange’s website at provide that the order protections of the
http://www.miaxoptions.com/rule- hedge by selling their SPY options
series, while traders holding long, MIAX Order Monitor pursuant to
filings/ at MIAX Options’ principal sections (b) (c) and (d) will not apply to
office, and at the Commission’s Public hedged SPIKES options could liquidate
their hedge by buying SPY option series. Settlement Auction Only Orders (SAO
Reference Room. Orders), as defined in Interpretations
In order to seek convergence with the
II. Self-Regulatory Organization’s SPIKE exercise/final settlement value, and Policies .03 of Exchange Rule 503.
Statement of the Purpose of, and these market participants may liquidate The Exchange does not believe that an
Statutory Basis for, the Proposed Rule their hedges by submitting SPIKES 6 The term ‘‘System’’ means the automated
Change
trading system used by the Exchange for the trading
3 See Securities Exchange Act Release No. 84417
In its filing with the Commission, the of securities. See Exchange Rule 100.
(October 12, 2018), 83 FR 52865 (October 18, 2018) 7 See Exchange Rule 519(a)(1).
Exchange included statements (SR–MIAX–2018–14) (Order Granting Approval of a 8 See Exchange Rule 519(a)(2).
concerning the purpose of and basis for Proposed Rule Change by Miami International 9 See Exchange Rule 519(a)(3).
the proposed rule change and discussed Securities Exchange, LLC to List and Trade Options
10 The term ‘‘Book’’ means the electronic book of
any comments it received on the on the SPIKESTM Index).
4 Id. buy and sell orders and quotes maintained by the
proposed rule change. The text of these 5 The term ‘‘Member’’ means an individual or System. See Exchange Rule 100.
11 See Exchange Rule 519(a).
organization approved to exercise the trading rights
15 17 CFR 200.30–3(a)(12). 12 See Exchange Rule 519(b).
associate with a Trading Permit. Members are
1 15 U.S.C. 78s(b)(1). 13 See Exchange Rule 519(c).
deemed ‘‘members’’ under the Exchange Act. See
2 17 CFR 240.19b–4. Exchange Rule 100. 14 See Exchange Rule 519(d).

VerDate Sep<11>2014 20:31 Nov 19, 2018 Jkt 247001 PO 00000 Frm 00119 Fmt 4703 Sfmt 4703 E:\FR\FM\20NON1.SGM 20NON1
Document Created: 2018-11-20 07:59:54
Document Modified: 2018-11-20 07:59:54
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		83 FR 58640