83_FR_62622 83 FR 62390 - Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Allow the Post Only Order Instruction on Complex Orders

83 FR 62390 - Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Allow the Post Only Order Instruction on Complex Orders

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 232 (December 3, 2018)

Page Range62390-62391
FR Document2018-26145

Federal Register, Volume 83 Issue 232 (Monday, December 3, 2018) 
[Federal Register Volume 83, Number 232 (Monday, December 3, 2018)]
[Notices]
[Pages 62390-62391]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-26145]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-84663; File No. SR-CboeEDGX-2018-043]


Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice 
of Designation of a Longer Period for Commission Action on a Proposed 
Rule Change To Allow the Post Only Order Instruction on Complex Orders

November 27, 2018.
    On October 1, 2018, Cboe EDGX Exchange, Inc. (the ``Exchange'') 
filed with the Securities and Exchange Commission (``Commission''), 
pursuant to Section 19(b)(1) of the Securities

[[Page 62391]]

Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder,\2\ a 
proposed rule change to allow the Post Only order instruction on 
complex orders that route to its electronic book for trading options. 
The proposed rule change was published for comment in the Federal 
Register on October 16, 2018.\3\ On November 21, 2018, the Exchange 
filed Amendment No. 1 to the proposal.\4\ The Commission has received 
no comment letters regarding the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 84393 (October 10, 
2018), 83 FR 52264.
    \4\ In Amendment No. 1, the Exchange added definitions of ``Book 
Only complex order'' and ``Post Only complex order,'' added rule 
text that further describes the handling of Post Only complex 
orders, and provided examples demonstrating the operation of Post 
Only complex orders. The text of Amendment No. 1 is available at 
https://www.sec.gov/comments/sr-cboeedgx-2018-043/srcboeedgx2018043-4678696-176565.pdf.
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    Section 19(b)(2) of the Act \5\ provides that, within 45 days of 
the publication of notice of the filing of a proposed rule change, or 
within such longer period up to 90 days as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding, or as to which the self-regulatory organization 
consents, the Commission shall either approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved. The 
45th day after publication of the notice for this proposed rule change 
is November 30, 2018. The Commission is extending this 45-day time 
period.
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    \5\ 15 U.S.C. 78s(b)(2).
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    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule change so that it has 
sufficient time to consider the proposed rule change. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\6\ designates 
January 14, 2019, as the date by which the Commission shall either 
approve or disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-CboeEDGX-2018-043).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-26145 Filed 11-30-18; 8:45 am]
 BILLING CODE 8011-01-P

62390 Federal Register / Vol. 83, No. 232 / Monday, December 3, 2018 / Notices SUMMARY: The Postal Service gives comment on new or revised data benefits payable is transferred to the notice of filing a request with the Postal collections, the Railroad Retirement Social Security Administration and Regulatory Commission to add a Board (RRB) will publish periodic survivor benefits are paid by that agency domestic shipping services contract to summaries of proposed data collections. instead of the RRB. The requirements the list of Negotiated Service Comments are invited on: (a) Whether for applying for benefits are prescribed Agreements in the Mail Classification the proposed information collection is in 20 CFR 217, 219, and 234. Schedule’s Competitive Products List. necessary for the proper performance of The collection obtains the information DATES: Date of required notice: the functions of the agency, including required by the RRB to determine December 3, 2018. whether the information has practical entitlement to and amount of the FOR FURTHER INFORMATION CONTACT: utility; (b) the accuracy of the RRB’s survivor death benefits applied for. To Elizabeth Reed, 202–268–3179. estimate of the burden of the collection collect the information, the RRB uses of the information; (c) ways to enhance Forms AA–21, Application for Lump- SUPPLEMENTARY INFORMATION: The the quality, utility, and clarity of the Sum Death Payment and Annuities United States Postal Service® hereby information to be collected; and (d) gives notice that, pursuant to 39 U.S.C. Unpaid at Death; AA–21cert, ways to minimize the burden related to Application Summary and Certification; 3642 and 3632(b)(3), on November 27, the collection of information on 2018, it filed with the Postal Regulatory G–131, Authorization of Payment and respondents, including the use of Release of All Claims to a Death Benefit Commission a USPS Request to Add automated collection techniques or Priority Mail Express Contract 68 to or Accrued Annuity Payment; and G– other forms of information technology. 273a, Funeral Director’s Statement of Competitive Product List. Documents Title and purpose of information are available at www.prc.gov, Docket Burial Charges. One response is collection: Application for Survivor requested of each respondent. Nos. MC2019–32, CP2019–33. Death Benefits; OMB 3220–0031. Completion is required to obtain Elizabeth Reed, Under Section 6 of the Railroad benefits. Attorney, Corporate and Postal Business Law. Retirement Act (RRA), lump-sum death benefits are payable to surviving The RRB proposes the following [FR Doc. 2018–26115 Filed 11–30–18; 8:45 am] widow(er)s, children, and certain other changes to Forms AA–21, AA–21cert, BILLING CODE 7710–12–P dependents. Lump-sum death benefits and G–273a: are payable after the death of a railroad • Forms AA–21 and AA–21cert— employee only if there are no qualified Update the fraud language in the RAILROAD RETIREMENT BOARD survivors of the employee immediately Certification statement to make it eligible for annuities. With the consistent with other RRB applications; Proposed Collection; Comment • Form G–273a—Add clarifying Request exception of the residual death benefit, eligibility for survivor benefits depends language above Item 10 to inform a Summary: In accordance with the on whether the deceased employee was funeral home when to file for a lump- requirement of Section 3506(c)(2)(A) of ‘‘insured’’ under the RRA at the time of sum death benefit. the Paperwork Reduction Act of 1995 death. If the deceased employee was not The RRB proposes no changes to which provides opportunity for public insured, jurisdiction of any survivor Form G–131. ESTIMATE OF ANNUAL RESPONDENT BURDEN Annual Time Burden Form No. responses (minutes) (hours) AA–21cert with assistance .......................................................................................................... 3,500 20 1,167 AA–21 without assistance ........................................................................................................... 200 40 133 G–131 .......................................................................................................................................... 100 5 8 G–273a ........................................................................................................................................ 4,000 10 667 Total ...................................................................................................................................... 7,800 ........................ 1,975 Additional Information or Comments: Written comments should be received SECURITIES AND EXCHANGE To request more information or to within 60 days of this notice. COMMISSION obtain a copy of the information Brian Foster, collection justification, forms, and/or [Release No. 34–84663; File No. SR– supporting material, contact Brian Clearance Officer. CboeEDGX–2018–043] Foster at (312) 751–4826 or [FR Doc. 2018–26124 Filed 11–30–18; 8:45 am] Brian.Foster@rrb.gov. Comments BILLING CODE 7905–01–P Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of regarding the information collection Designation of a Longer Period for should be addressed to Brian Foster, Commission Action on a Proposed Railroad Retirement Board, 844 North Rule Change To Allow the Post Only Rush Street, Chicago, Illinois 60611– khammond on DSK30JT082PROD with NOTICES Order Instruction on Complex Orders 1275 or emailed to Brian.Foster@rrb.gov. November 27, 2018. On October 1, 2018, Cboe EDGX Exchange, Inc. (the ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities VerDate Sep<11>2014 16:52 Nov 30, 2018 Jkt 247001 PO 00000 Frm 00101 Fmt 4703 Sfmt 4703 E:\FR\FM\03DEN1.SGM 03DEN1

Federal Register / Vol. 83, No. 232 / Monday, December 3, 2018 / Notices 62391 Exchange Act of 1934 (‘‘Act’’) 1 and Rule SECURITIES AND EXCHANGE the most significant aspects of such 19b–4 thereunder,2 a proposed rule COMMISSION statements. change to allow the Post Only order [Release No. 34–84659; File No. SR–BX– A. Self-Regulatory Organization’s instruction on complex orders that route 2018–056] Statement of the Purpose of, and to its electronic book for trading Statutory Basis for, the Proposed Rule options. The proposed rule change was Self-Regulatory Organizations; Nasdaq Change published for comment in the Federal BX, Inc.; Notice of Filing and Register on October 16, 2018.3 On Immediate Effectiveness of Proposed 1. Purpose November 21, 2018, the Exchange filed Rule Change To Relocate the The Exchange proposes to relocate the Amendment No. 1 to the proposal.4 The Exchange’s Options Exercise and Exchange’s options exercise and Commission has received no comment Delivery Rules delivery rules, currently in Chapter VIII letters regarding the proposed rule of the Rulebook, to Options 5, Section change. November 27, 2018. 100 in the Rulebook’s shell structure. Pursuant to Section 19(b)(1) of the The relocation of the options exercise Section 19(b)(2) of the Act 5 provides Securities Exchange Act of 1934 that, within 45 days of the publication and delivery rules is part of the (‘‘Act’’),1 and Rule 19b–4 thereunder,2 Exchange’s continued effort to promote of notice of the filing of a proposed rule notice is hereby given that on November change, or within such longer period up efficiency and the structural conformity 14, 2018, Nasdaq BX, Inc. (‘‘BX’’ or of its processes with those of its to 90 days as the Commission may ‘‘Exchange’’) filed with the Securities designate if it finds such longer period Affiliated Exchanges.4 The Exchange and Exchange Commission believes that the migration of the to be appropriate and publishes its (‘‘Commission’’) the proposed rule reasons for so finding, or as to which the options exercise and delivery rules to change as described in Items I and II their new location will facilitate the use self-regulatory organization consents, below, which Items have been prepared the Commission shall either approve the of the Rulebook by members of the by the Exchange. The Commission is Exchange who are members of other proposed rule change, disapprove the publishing this notice to solicit proposed rule change, or institute Affiliated Exchanges. Moreover, the comments on the proposed rule change proposed changes are of a non- proceedings to determine whether the from interested persons. proposed rule change should be substantive nature and will not amend disapproved. The 45th day after I. Self-Regulatory Organization’s the relocated rules other than to update publication of the notice for this Statement of the Terms of Substance of their numbers, redesignate the current proposed rule change is November 30, the Proposed Rule Change ‘‘Supplementary Material’’ as 2018. The Commission is extending this ‘‘Commentary’’, and make conforming The Exchange proposes to relocate the 45-day time period. cross-reference changes. Exchange’s options exercise and The Commission finds it appropriate delivery rules, currently in Chapter VIII 2. Statutory Basis to designate a longer period within of the Exchange’ rulebook (‘‘Rulebook’’), The Exchange believes that its which to take action on the proposed to Options 5, Section 100 in the proposal is consistent with Section 6(b) rule change so that it has sufficient time Rulebook’s shell structure.3 of the Act,5 in general, and furthers the to consider the proposed rule change. The text of the proposed rule change objectives of Section 6(b)(5) of the Act,6 Accordingly, the Commission, pursuant is available on the Exchange’s website at in particular, in that it is designed to to Section 19(b)(2) of the Act,6 http://nasdaqbx.cchwallstreet.com/, at promote just and equitable principles of designates January 14, 2019, as the date the principal office of the Exchange, and trade, to remove impediments to and by which the Commission shall either at the Commission’s Public Reference perfect the mechanism of a free and approve or disapprove, or institute Room. open market and a national market proceedings to determine whether to II. Self-Regulatory Organization’s system, and, in general to protect disapprove, the proposed rule change Statement of the Purpose of, and investors and the public interest, by (File No. SR–CboeEDGX–2018–043). Statutory Basis for, the Proposed Rule promoting efficiency and structural For the Commission, by the Division of Change conformity of the Exchange’s processes Trading and Markets, pursuant to delegated with those of the Affiliated Exchanges In its filing with the Commission, the and by making the Exchange’s Rulebook authority.7 Exchange included statements Eduardo A. Aleman, easier to read and more accessible to its concerning the purpose of and basis for members. The Exchange believes that Assistant Secretary. the proposed rule change and discussed the relocation of the options exercise [FR Doc. 2018–26145 Filed 11–30–18; 8:45 am] any comments it received on the and delivery rules and the cross- BILLING CODE 8011–01–P proposed rule change. The text of these reference updates are of a non- statements may be examined at the substantive nature. 1 15 U.S.C. 78s(b)(1). places specified in Item IV below. The 2 17 CFR 240.19b–4. Exchange has prepared summaries, set B. Self-Regulatory Organization’s 3 See Securities Exchange Act Release No. 84393 forth in sections A, B, and C below, of Statement on Burden on Competition (October 10, 2018), 83 FR 52264. The Exchange does not believe that 4 In Amendment No. 1, the Exchange added 1 15 U.S.C. 78s(b)(1). the proposed rule change will impose definitions of ‘‘Book Only complex order’’ and 2 17 CFR 240.19b–4. ‘‘Post Only complex order,’’ added rule text that 3 In 2017 the Exchange added a shell structure to any burden on competition not khammond on DSK30JT082PROD with NOTICES further describes the handling of Post Only complex its Rulebook with the purpose of improving necessary or appropriate in furtherance orders, and provided examples demonstrating the efficiency and readability and to align its rules of the purposes of the Act. The operation of Post Only complex orders. The text of Amendment No. 1 is available at https:// closer to those of its five sister exchanges, The proposed changes do not impose a Nasdaq Stock Market LLC; Nasdaq PHLX LLC; burden on competition because, as www.sec.gov/comments/sr-cboeedgx-2018-043/ Nasdaq ISE, LLC; Nasdaq GEMX, LLC; and Nasdaq srcboeedgx2018043-4678696-176565.pdf. MRX, LLC (‘‘Affiliated Exchanges’’). See Securities 5 15 U.S.C. 78s(b)(2). 4 See footnote 3. Exchange Act Release No. 82174 (November 29, 6 Id. 5 15 U.S.C. 78f(b). 2017), 82 FR 57492 (December 5, 2017) (SR–BX– 7 17 CFR 200.30–3(a)(31). 2017–054). 6 15 U.S.C. 78f(b)(5). VerDate Sep<11>2014 16:52 Nov 30, 2018 Jkt 247001 PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 E:\FR\FM\03DEN1.SGM 03DEN1


Document Created: 2018-12-01 00:56:04
Document Modified: 2018-12-01 00:56:04
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 62390 
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