83_FR_6309 83 FR 6279 - Investor Advisory Committee Meeting

83 FR 6279 - Investor Advisory Committee Meeting

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 30 (February 13, 2018)

Page Range6279-6280
FR Document2018-02850

The Securities and Exchange Commission Investor Advisory Committee, established pursuant to Section 911 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, is providing notice that it will hold a public meeting. The public is invited to submit written statements to the Committee.

Federal Register, Volume 83 Issue 30 (Tuesday, February 13, 2018) 
[Federal Register Volume 83, Number 30 (Tuesday, February 13, 2018)]
[Notices]
[Pages 6279-6280]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-02850]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release Nos. 33-10456; 34-82656; File No. 265-28]


Investor Advisory Committee Meeting

AGENCY: Securities and Exchange Commission.

ACTION: Notice of meeting of Securities and Exchange Commission Dodd-
Frank Investor Advisory Committee.

-----------------------------------------------------------------------

SUMMARY: The Securities and Exchange Commission Investor Advisory 
Committee, established pursuant to Section 911 of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act of 2010, is providing notice 
that it will hold a public meeting. The public is invited to submit 
written statements to the Committee.

DATES: The meeting will be held on Thursday, March 8, 2018 from 9:30 
a.m. until 4:15 p.m. (ET). Written statements should be received on or 
before March 8, 2018.

ADDRESSES: The meeting will be held in Multi-Purpose Room LL-006 at the 
Commission's headquarters, 100 F Street NE, Washington, DC 20549. The 
meeting will be webcast on the Commission's website at www.sec.gov. 
Written statements may be submitted by any of the following methods:

Electronic Statements

    [ssquf] Use the Commission's internet submission form (http://www.sec.gov/rules/other.shtml); or
    [ssquf] Send an email message to [email protected]. Please 
include File No. 265-28 on the subject line; or

Paper Statements

    [ssquf] Send paper statements to Brent J. Fields, Secretary, 
Securities and Exchange Commission, 100 F Street NE, Washington, DC 
20549-1090.

All submissions should refer to File No. 265-28. This file number 
should be included on the subject line if email is used. To help us 
process and review your statement more efficiently, please use only one 
method.
    Statements also will be available for website viewing and printing 
in the Commission's Public Reference Room, 100 F Street NE, Room 1503, 
Washington, DC 20549, on official business days between the hours of 
10:00 a.m. and 3:00 p.m. All statements 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.

FOR FURTHER INFORMATION CONTACT: Marc Oorloff Sharma, Chief Counsel, 
Office of the Investor Advocate, at (202) 551-3302, Securities and 
Exchange Commission, 100 F Street NE, Washington, DC 20549.

SUPPLEMENTARY INFORMATION: The meeting will be open to the public, 
except during that portion of the meeting reserved for an 
administrative work session during lunch. Persons needing special 
accommodations to take part because of a disability should notify the 
contact person listed in the section above entitled FOR FURTHER 
INFORMATION CONTACT.

[[Page 6280]]

    The agenda for the meeting includes: Remarks from Commissioners; a 
discussion of regulatory approaches to combat retail investor fraud; a 
discussion regarding cybersecurity risk disclosures (which may include 
a recommendation of the Investor as Owner Subcommittee); a discussion 
regarding financial support for law school clinics that support 
investors (which may include a recommendation of the Committee as a 
whole); a discussion regarding dual-class share structures (which may 
include a recommendation of the Investor as Owner Subcommittee); a 
discussion regarding efforts to combat the financial exploitation of 
vulnerable adults; subcommittee reports; and a nonpublic administrative 
work session during lunch.

    Dated: February 7, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-02850 Filed 2-12-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 30 / Tuesday, February 13, 2018 / Notices 6279 last sale data included in the BBO and All submissions should refer to File Street Reform and Consumer Protection Book Depth Data Feeds. Number SR–C2–2018–002. This file Act of 2010, is providing notice that it The existence of numerous number should be included on the will hold a public meeting. The public alternatives to the Exchange’s products, subject line if email is used. To help the is invited to submit written statements including proprietary data from other Commission process and review your to the Committee. sources, ensures that the Exchange comments more efficiently, please use DATES: The meeting will be held on cannot set unreasonable fees, or fees only one method. The Commission will Thursday, March 8, 2018 from 9:30 a.m. that are unreasonably discriminatory, post all comments on the Commission’s until 4:15 p.m. (ET). Written statements when vendors and subscribers can elect internet website (http://www.sec.gov/ should be received on or before March these alternatives or choose not to rules/sro.shtml). Copies of the 8, 2018. purchase a specific proprietary data submission, all subsequent ADDRESSES: The meeting will be held in product if its cost to purchase is not amendments, all written statements Multi-Purpose Room LL–006 at the justified by the returns any particular with respect to the proposed rule Commission’s headquarters, 100 F vendor or subscriber would achieve change that are filed with the Street NE, Washington, DC 20549. The through the purchase. Commission, and all written meeting will be webcast on the C. Self-Regulatory Organization’s communications relating to the Commission’s website at www.sec.gov. Statement on Comments on the proposed rule change between the Written statements may be submitted by Proposed Rule Change Received From Commission and any person, other than any of the following methods: Members, Participants, or Others those that may be withheld from the public in accordance with the Electronic Statements The Exchange has neither solicited provisions of 5 U.S.C. 552, will be D Use the Commission’s internet nor received written comments on the available for website viewing and submission form (http://www.sec.gov/ proposed rule change. printing in the Commission’s Public rules/other.shtml); or III. Date of Effectiveness of the Reference Room, 100 F Street NE, D Send an email message to rules- Proposed Rule Change and Timing for Washington, DC 20549, on official comments@sec.gov. Please include File Commission Action business days between the hours of No. 265–28 on the subject line; or 10:00 a.m. and 3:00 p.m. Copies of the The foregoing rule change has become filing also will be available for Paper Statements effective pursuant to Section 19(b)(3)(A) inspection and copying at the principal D Send paper statements to Brent J. of the Act 22 and paragraph (f) of Rule office of the Exchange. All comments 19b–4 23 thereunder. At any time within Fields, Secretary, Securities and received will be posted without change. Exchange Commission, 100 F Street NE, 60 days of the filing of the proposed rule Persons submitting comments are change, the Commission summarily may Washington, DC 20549–1090. cautioned that we do not redact or edit All submissions should refer to File No. temporarily suspend such rule change if personal identifying information from it appears to the Commission that such 265–28. This file number should be comment submissions. You should included on the subject line if email is action is necessary or appropriate in the submit only information that you wish public interest, for the protection of used. To help us process and review to make available publicly. All your statement more efficiently, please investors, or otherwise in furtherance of submissions should refer to File use only one method. the purposes of the Act. If the Number SR–C2–2018–002 and should Statements also will be available for Commission takes such action, the be submitted on or before March 6, website viewing and printing in the Commission will institute proceedings 2018. Commission’s Public Reference Room, to determine whether the proposed rule change should be approved or For the Commission, by the Division of 100 F Street NE, Room 1503, disapproved. Trading and Markets, pursuant to delegated Washington, DC 20549, on official authority.24 business days between the hours of IV. Solicitation of Comments Eduardo A. Aleman, 10:00 a.m. and 3:00 p.m. All statements Interested persons are invited to Assistant Secretary. received will be posted without change. submit written data, views, and [FR Doc. 2018–02858 Filed 2–12–18; 8:45 am] Persons submitting comments are arguments concerning the foregoing, BILLING CODE 8011–01–P cautioned that we do not redact or edit including whether the proposed rule personal identifying information from change is consistent with the Act. comment submissions. You should Comments may be submitted by any of SECURITIES AND EXCHANGE submit only information that you wish the following methods: COMMISSION to make available publicly. Electronic Comments [Release Nos. 33–10456; 34–82656; File No. FOR FURTHER INFORMATION CONTACT: 265–28] Marc Oorloff Sharma, Chief Counsel, • Use the Commission’s internet Office of the Investor Advocate, at (202) comment form (http://www.sec.gov/ Investor Advisory Committee Meeting 551–3302, Securities and Exchange rules/sro.shtml); or Commission, 100 F Street NE, • Send an email to rule-comments@ AGENCY: Securities and Exchange Commission. Washington, DC 20549. sec.gov. Please include File Number SR– SUPPLEMENTARY INFORMATION: The C2–2018–002 on the subject line. ACTION: Notice of meeting of Securities and Exchange Commission Dodd-Frank meeting will be open to the public, Paper Comments except during that portion of the sradovich on DSK3GMQ082PROD with NOTICES Investor Advisory Committee. • Send paper comments in triplicate meeting reserved for an administrative to Secretary, Securities and Exchange SUMMARY: The Securities and Exchange work session during lunch. Persons Commission, 100 F Street NE, Commission Investor Advisory needing special accommodations to take Washington, DC 20549–1090. Committee, established pursuant to part because of a disability should Section 911 of the Dodd-Frank Wall notify the contact person listed in the 22 15 U.S.C. 78s(b)(3)(A). section above entitled FOR FURTHER 23 17 CFR 240.19b–4(f). 24 17 CFR 200.30–3(a)(12). INFORMATION CONTACT. VerDate Sep<11>2014 23:12 Feb 12, 2018 Jkt 244001 PO 00000 Frm 00121 Fmt 4703 Sfmt 4703 E:\FR\FM\13FEN1.SGM 13FEN1

6280 Federal Register / Vol. 83, No. 30 / Tuesday, February 13, 2018 / Notices The agenda for the meeting includes: the month (‘‘FB SPX Surcharge’’). Multi-Class Spread Orders that included Remarks from Commissioners; a Particularly, the Exchange proposes to an SPX component. Rather, the discussion of regulatory approaches to adopt an exclusion for Multi-Class surcharge was intended to be assessed combat retail investor fraud; a Broad-Based Index Option Spread on Floor Brokers that regularly execute discussion regarding cybersecurity risk Orders (‘‘Multi-Class Spread Orders’’). SPX trades in the SPX trading crowd. In disclosures (which may include a The text of the proposed rule change order to avoid being assessed the FB recommendation of the Investor as is also available on the Exchange’s SPX Surcharge as a result of the Owner Subcommittee); a discussion website (http://www.cboe.com/ execution of Multi-Class Spread Orders regarding financial support for law AboutCBOE/CBOELegal with an SPX component, the Exchange school clinics that support investors RegulatoryHome.aspx), at the proposes to provide that Floor Brokers (which may include a recommendation Exchange’s Office of the Secretary, and to which the FB SPX Surcharge is not of the Committee as a whole); a at the Commission’s Public Reference otherwise applicable will not be discussion regarding dual-class share Room. assessed the FB SPX Surcharge if they structures (which may include a only execute SPX open outcry II. Self-Regulatory Organization’s transactions as part of a Multi-Class recommendation of the Investor as Statement of the Purpose of, and Spread Order. In order to identify those Owner Subcommittee); a discussion Statutory Basis for, the Proposed Rule instances, the Exchange is proposing to regarding efforts to combat the financial Change require that Floor Brokers submit the exploitation of vulnerable adults; subcommittee reports; and a nonpublic In its filing with the Commission, the Floor Broker SPX Surcharge Exclusion administrative work session during Exchange included statements for Multi-Class Broad-Based Index lunch. concerning the purpose of and basis for Spread Transactions Form (the ‘‘Form’’) the proposed rule change and discussed within three business days of execution Dated: February 7, 2018. any comments it received on the of the applicable spread transaction(s). Brent J. Fields, proposed rule change. The text of these 2. Statutory Basis Secretary. statements may be examined at the [FR Doc. 2018–02850 Filed 2–12–18; 8:45 am] places specified in Item IV below. The The Exchange believes the proposed BILLING CODE 8011–01–P Exchange has prepared summaries, set rule change is consistent with the forth in sections A, B, and C below, of Securities Exchange Act of 1934 (the the most significant aspects of such ‘‘Act’’) and the rules and regulations SECURITIES AND EXCHANGE statements. thereunder applicable to the Exchange COMMISSION and, in particular, the requirements of A. Self-Regulatory Organization’s Section 6(b) of the Act.4 Specifically, [Release No. 34–82648; File No. SR–CBOE– Statement of the Purpose of, and 2018–015] the Exchange believes the proposed rule Statutory Basis for, the Proposed Rule change is consistent with the Section Self-Regulatory Organizations; Cboe Change 6(b)(5) 5 requirements that the rules of Exchange, Inc.; Notice of Filing and 1. Purpose an exchange be designed to prevent Immediate Effectiveness of a Proposed fraudulent and manipulative acts and The Exchange proposes to amend its practices, to promote just and equitable Rule Change To Amend the Fees monthly fee of $3,000 per month for any principles of trade, to foster cooperation Schedule Concerning the Floor Broker Floor Broker Trading Permit Holder and coordination with persons engaged SPX Surcharge (‘‘TPH’’) that executes more than 20,000 in regulating, clearing, settling, February 7, 2018. SPX (including SPXW) contracts during processing information with respect to, Pursuant to Section 19(b)(1) of the the month (‘‘FB SPX Surcharge’’). and facilitating transactions in Securities Exchange Act of 1934 (the Particularly, the Exchange proposes to securities, to remove impediments to ‘‘Act’’),1 and Rule 19b–4 thereunder,2 adopt an exclusion for Multi-Class and perfect the mechanism of a free and notice is hereby given that on February Broad-Based Index Option Spread open market and a national market 1, 2018, Cboe Exchange, Inc. (the Orders (‘‘Multi-Class Spread Orders’’). system, and, in general, to protect ‘‘Exchange’’ or ‘‘Cboe Options’’) filed By way of background, Cboe Options investors and the public interest. with the Securities and Exchange Rule 24.19 permits the execution of Additionally, the Exchange believes the Commission (the ‘‘Commission’’) the Multi-Class Spread Orders, which are proposed rule change is consistent with proposed rule change as described in generally defined as orders to buy a Section 6(b)(4) of the Act,6 which Items I, II, and III below, which Items stated number of contracts of a broad- requires that Exchange rules provide for have been prepared by the Exchange. based index option or exchange-traded the equitable allocation of reasonable The Commission is publishing this fund (‘‘ETF’’)/exchange-traded note dues, fees, and other charges among its notice to solicit comments on the (‘‘ETN’’) option derived from a broad- Trading Permit Holders and other proposed rule change from interested based index and to sell an equal persons using its facilities. persons. number, or an equivalent number of The Exchange believes the proposed contracts of a different broad-based rule change is reasonable because it I. Self-Regulatory Organization’s index option or ETF/ETN option allows Floor Brokers to whom the FB Statement of the Terms of Substance of derived from a broad-based index. SPX Surcharge would apply only due to the Proposed Rule Change These orders may be represented at the their execution of Multi-Class Spread sradovich on DSK3GMQ082PROD with NOTICES The Exchange proposes to amend its trading station of either option involved, Orders with an SPX component to avoid monthly fee of $3,000 per month for any subject to the conditions in Rule 24.19.3 having to pay the surcharge. The Floor Broker Trading Permit Holder The FB SPX Surcharge was not proposed rule change is equitable and (‘‘TPH’’) that executes more than 20,000 enacted with the intention of assessing not unfairly discriminatory because the SPX (including SPXW) contracts during it to Floor Brokers to whom it would only apply due to their execution of 4 15 U.S.C. 78f(b). 1 15 U.S.C. 78s(b)(1). 5 15 U.S.C. 78f(b)(5). 2 17 CFR 240.19b–4. 3 See Cboe Options Rule 24.19. 6 15 U.S.C. 78f(b)(4). VerDate Sep<11>2014 23:12 Feb 12, 2018 Jkt 244001 PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 E:\FR\FM\13FEN1.SGM 13FEN1


Document Created: 2018-02-13 02:32:17
Document Modified: 2018-02-13 02:32:17
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
ActionNotice of meeting of Securities and Exchange Commission Dodd- Frank Investor Advisory Committee.
DatesThe meeting will be held on Thursday, March 8, 2018 from 9:30 a.m. until 4:15 p.m. (ET). Written statements should be received on or before March 8, 2018.
ContactMarc Oorloff Sharma, Chief Counsel, Office of the Investor Advocate, at (202) 551-3302, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549.
FR Citation83 FR 6279 
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR