83_FR_7312 83 FR 7278 - Sunshine Act Meetings

83 FR 7278 - Sunshine Act Meetings

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 34 (February 20, 2018)

Page Range7278-7279
FR Document2018-03467

Federal Register, Volume 83 Issue 34 (Tuesday, February 20, 2018)
[Federal Register Volume 83, Number 34 (Tuesday, February 20, 2018)]
[Notices]
[Pages 7278-7279]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-03467]


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

SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE: Notice is hereby given, pursuant to the provisions of 
the Government in the Sunshine Act, Public Law 94-409, the Securities 
and Exchange Commission will hold an Open Meeting on Wednesday, 
February 21, 2018 at 10:00 a.m.

PLACE: The meeting will be held in Auditorium LL-002 at the 
Commission's headquarters, 100 F Street NE, Washington, DC 20549.

STATUS: This meeting will begin at 10:00 a.m. (ET) and will be open to 
the public. Seating will be on a first-come, first-served basis. 
Visitors will be subject to security checks. The meeting will be 
webcast on the Commission's website at www.sec.gov.

MATTERS TO BE CONSIDERED: The subject matters of the Open Meeting will 
be the Commission's consideration of:
     Whether to approve the issuance of an interpretive release 
to provide guidance to assist public companies in preparing disclosures 
about cybersecurity risks and incidents.
     whether to adopt an interim final rule revising the 
compliance date for certain provisions of rule 22e-4 under the 
Investment Company Act of 1940 and related reporting and disclosure 
requirements.
     whether to propose amendments to Form N-PORT and Form N-1A 
related to disclosures of liquidity risk management for open end 
management investment companies.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.

[[Page 7279]]


CONTACT PERSON FOR MORE INFORMATION: For further information and to 
ascertain what, if any, matters have been added, deleted or postponed; 
please contact Brent J. Fields from the Office of the Secretary at 
(202) 551-5400.

    Dated: February 14, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-03467 Filed 2-15-18; 11:15 am]
BILLING CODE 8011-01-P



                                                7278                          Federal Register / Vol. 83, No. 34 / Tuesday, February 20, 2018 / Notices

                                                the system. The proposal reflects this                       At any time within 60 days of the                 received will be posted without change.
                                                sensitivity borne by MRX Market                           filing of the proposed rule change, the              Persons submitting comments are
                                                Makers and reflects the reaction time of                  Commission summarily may                             cautioned that we do not redact or edit
                                                MRX Market Makers as compared to                          temporarily suspend such rule change if              personal identifying information from
                                                other Members entering orders. With                       it appears to the Commission that such               comment submissions. You should
                                                respect to other market participants that                 action is: (i) Necessary or appropriate in           submit only information that you wish
                                                enter orders, they have the option of                     the public interest; (ii) for the protection         to make available publicly. All
                                                selecting either OTTO or FIX and                          of investors; or (iii) otherwise in                  submissions should refer to File
                                                therefore are able to obtain a shortened                  furtherance of the purposes of the Act.              Number SR–MRX–2018–04, and should
                                                timeframe with OTTO if they desire.                       If the Commission takes such action, the             be submitted on or before March 13,
                                                   Offering the removal feature to other                  Commission shall institute proceedings               2018.
                                                market participants on an optional basis                  to determine whether the proposed rule                 For the Commission, by the Division of
                                                does not create an undue burden on                        should be approved or disapproved.                   Trading and Markets, pursuant to delegated
                                                intra-market competition because unlike                   IV. Solicitation of Comments                         authority.20
                                                MRX Market Makers, other market                                                                                Eduardo A. Aleman,
                                                participants do not bear the same risks                     Interested persons are invited to
                                                                                                                                                               Assistant Secretary.
                                                of potential erroneous or unintended                      submit written data, views, and
                                                                                                                                                               [FR Doc. 2018–03310 Filed 2–16–18; 8:45 am]
                                                executions. FIX and OTTO users have                       arguments concerning the foregoing,
                                                                                                          including whether the proposed rule                  BILLING CODE 8011–01–P
                                                the opportunity to disable the
                                                cancellation feature and simply                           change is consistent with the Act.
                                                disconnect from the Exchange. FIX and                     Comments may be submitted by any of
                                                                                                                                                               SECURITIES AND EXCHANGE
                                                OTTO users may also set a timeframe                       the following methods:
                                                                                                                                                               COMMISSION
                                                that is appropriate for their business. It                Electronic Comments
                                                is appropriate to offer this optional                                                                          Sunshine Act Meetings
                                                cancellation functionality to other                         • Use the Commission’s internet
                                                market participants for open orders,                      comment form (http://www.sec.gov/                    TIME AND DATE:  Notice is hereby given,
                                                because those orders are subject to risks                 rules/sro.shtml); or                                 pursuant to the provisions of the
                                                                                                            • Send an email to rule-comments@
                                                of missed and/or unintended executions                                                                         Government in the Sunshine Act, Public
                                                                                                          sec.gov. Please include File Number SR–
                                                due to a lack of connectivity which the                                                                        Law 94–409, the Securities and
                                                                                                          MRX–2018–04 on the subject line.
                                                participants needs to weigh. Finally, the                                                                      Exchange Commission will hold an
                                                Exchange does not believe that such                       Paper Comments                                       Open Meeting on Wednesday, February
                                                change will impose any burden on inter-                      • Send paper comments in triplicate               21, 2018 at 10:00 a.m.
                                                market competition that is not necessary                  to Secretary, Securities and Exchange                PLACE: The meeting will be held in
                                                or appropriate in furtherance of the                      Commission, 100 F Street NE,                         Auditorium LL–002 at the
                                                purposes of the Act. Other options                        Washington, DC 20549–1090.                           Commission’s headquarters, 100 F
                                                exchanges offer similar functionality.17                  All submissions should refer to File                 Street NE, Washington, DC 20549.
                                                C. Self-Regulatory Organization’s                         Number SR–MRX–2018–04. This file                     STATUS: This meeting will begin at 10:00
                                                Statement on Comments on the                              number should be included on the                     a.m. (ET) and will be open to the public.
                                                Proposed Rule Change Received From                        subject line if email is used. To help the           Seating will be on a first-come, first-
                                                Members, Participants, or Others                          Commission process and review your                   served basis. Visitors will be subject to
                                                                                                          comments more efficiently, please use                security checks. The meeting will be
                                                  No written comments were either
                                                                                                          only one method. The Commission will                 webcast on the Commission’s website at
                                                solicited or received.
                                                                                                          post all comments on the Commission’s                www.sec.gov.
                                                III. Date of Effectiveness of the                         internet website (http://www.sec.gov/                MATTERS TO BE CONSIDERED: The subject
                                                Proposed Rule Change and Timing for                       rules/sro.shtml). Copies of the                      matters of the Open Meeting will be the
                                                Commission Action                                         submission, all subsequent                           Commission’s consideration of:
                                                                                                          amendments, all written statements                     • Whether to approve the issuance of
                                                  Because the foregoing proposed rule
                                                                                                          with respect to the proposed rule                    an interpretive release to provide
                                                change does not: (i) Significantly affect
                                                                                                          change that are filed with the                       guidance to assist public companies in
                                                the protection of investors or the public
                                                                                                          Commission, and all written                          preparing disclosures about
                                                interest; (ii) impose any significant
                                                                                                          communications relating to the                       cybersecurity risks and incidents.
                                                burden on competition; and (iii) become
                                                                                                          proposed rule change between the
                                                operative for 30 days from the date on                                                                           • whether to adopt an interim final
                                                                                                          Commission and any person, other than
                                                which it was filed, or such shorter time                                                                       rule revising the compliance date for
                                                                                                          those that may be withheld from the
                                                as the Commission may designate, it has                                                                        certain provisions of rule 22e–4 under
                                                                                                          public in accordance with the
                                                become effective pursuant to Section                                                                           the Investment Company Act of 1940
                                                                                                          provisions of 5 U.S.C. 552, will be
                                                19(b)(3)(A)(iii) of the Act 18 and                                                                             and related reporting and disclosure
                                                                                                          available for website viewing and
                                                subparagraph (f)(6) of Rule 19b–4                                                                              requirements.
                                                                                                          printing in the Commission’s Public
                                                thereunder.19
                                                                                                          Reference Room, 100 F Street NE,                       • whether to propose amendments to
                                                                                                          Washington, DC 20549 on official                     Form N–PORT and Form N–1A related
                                                  17 See Phlx Rule 1019(c), NOM Rules at Chapter
                                                                                                                                                               to disclosures of liquidity risk
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                                                VI, Section 6(e) and BX Rules at Chapter VI, Section      business days between the hours of
                                                6(e).                                                     10:00 a.m. and 3:00 p.m. Copies of the               management for open end management
                                                  18 15 U.S.C. 78s(b)(3)(A)(iii).
                                                                                                          filing also will be available for                    investment companies.
                                                  19 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
                                                                                                          inspection and copying at the principal                At times, changes in Commission
                                                4(f)(6) requires a self-regulatory organization to give
                                                                                                          office of the Exchange. All comments                 priorities require alterations in the
                                                the Commission written notice of its intent to file                                                            scheduling of meeting items.
                                                the proposed rule change at least five business days
                                                prior to the date of filing of the proposed rule          Commission. The Exchange has satisfied this
                                                change, or such shorter time as designated by the         requirement.                                           20 17   CFR 200.30–3(a)(12).



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                                                                             Federal Register / Vol. 83, No. 34 / Tuesday, February 20, 2018 / Notices                                                    7279

                                                CONTACT PERSON FOR MORE INFORMATION:                     and discussed any comments it received                not a business day. In that case, the rule
                                                For further information and to ascertain                 on the proposed rule change. The text                 will provide that the series shall expire
                                                what, if any, matters have been added,                   of these statements may be examined at                on the first business day immediately
                                                deleted or postponed; please contact                     the places specified in Item IV below.                following that Monday. This procedure
                                                Brent J. Fields from the Office of the                   The self-regulatory organization has                  differs from the expiration date of
                                                Secretary at (202) 551–5400.                             prepared summaries, set forth in                      Wednesday expiration series that are
                                                  Dated: February 14, 2018.                              Sections A, B, and C below, of the most               scheduled to expire on a holiday. In that
                                                Brent J. Fields,                                         significant aspects of such statements.               case, the Wednesday expiration series
                                                Secretary.                                               A. Self-Regulatory Organization’s                     shall expire on the first business day
                                                                                                         Statement of the Purpose of, and                      immediately prior to that Wednesday,
                                                [FR Doc. 2018–03467 Filed 2–15–18; 11:15 am]
                                                                                                         Statutory Basis for, the Proposed Rule                e.g., Tuesday of that week.4 However,
                                                BILLING CODE 8011–01–P
                                                                                                         Change                                                the Exchange believes that it is
                                                                                                                                                               preferable to require Monday expiration
                                                                                                         1. Purpose                                            series in this scenario to expire on the
                                                SECURITIES AND EXCHANGE
                                                COMMISSION                                                  The Exchange proposes to amend                     Tuesday of that week rather than the
                                                                                                         Rule 100(a)(65) and IM–5050–6 to                      previous business day, e.g., the previous
                                                [Release No. 34–82697; File No. SR–BOX–                  expand the Short Term Option Series                   Friday, since the Tuesday is closer in
                                                2018–07]                                                                                                       time to the scheduled expiration date of
                                                                                                         Program (‘‘Program’’) to permit the
                                                                                                         listing and trading of options series with            the series than the previous Friday, and
                                                Self-Regulatory Organizations; BOX
                                                                                                         Monday expirations that are listed                    therefore may be more representative of
                                                Options Exchange LLC; Notice of
                                                                                                         pursuant to the Program, including                    anticipated market conditions. The
                                                Filing and Immediate Effectiveness of
                                                Proposed Rule Change To Expand the                       options on the SPDR S&P 500 ETF Trust                 Exchange also notes that Cboe
                                                Short Term Option Series Program                         (‘‘SPY’’). This is a competitive filing that          Exchange, Inc. (‘‘Cboe’’) uses the same
                                                                                                         is based on a proposal recently                       procedure for options on the S&P 500
                                                February 13, 2018.                                       submitted by Nasdaq PHLX LLC                          index (‘‘SPX’’) with Monday expirations
                                                   Pursuant to Section 19(b)(1) of the                   (‘‘Phlx’’) and approved by the                        that listed pursuant to its Nonstandard
                                                Securities Exchange Act of 1934                          Commission.3                                          Expirations Pilot Program and that are
                                                (‘‘Act’’),1 and Rule 19b–4 thereunder,2                     As set forth in Rule 100(a)(65), a Short           scheduled to expire on a holiday.5
                                                notice is hereby given that, on February                 Term Option Series is a series in an                     The Exchange also proposes to make
                                                8, 2018, BOX Options Exchange LLC                        option class that is approved for listing             corresponding changes to IM–5050–6,
                                                (‘‘Exchange’’) filed with the Securities                 and trading on the Exchange in which                  which sets forth the requirements for
                                                and Exchange Commission                                  the series is opened for trading on any               SPY options that are listed pursuant to
                                                (‘‘Commission’’) the proposed rule                       Tuesday, Wednesday, Thursday or                       the Short Term Options Series Program,
                                                change as described in Items I and II                    Friday that is a business day and that                to permit Monday SPY expirations
                                                below, which Items have been prepared                    expires on the Wednesday or Friday of                 (‘‘Monday SPY Expirations’’).
                                                by the Exchange. The Commission is                       the next business week. The Exchange                  Accordingly, the Exchange proposes to
                                                publishing this notice to solicit                        is now proposing to amend Rule                        amend IM–5050–6(d) to state that, with
                                                comments on the proposed rule change                     100(a)(65) to permit the listing of                   respect to Monday SPY Expirations, the
                                                from interested persons.                                 options series that expire on Mondays.                Exchange may open for trading on any
                                                                                                         Specifically, the Exchange is proposing               Friday or Monday that is a business day
                                                I. Self-Regulatory Organization’s
                                                                                                         that it may open for trading series of                series of options on the SPY to expire
                                                Statement of the Terms of Substance of
                                                                                                         options on any Monday that is a                       on any Monday of the month that is a
                                                the Proposed Rule Change
                                                                                                         business day and that expires on the                  business day and is not a Monday in
                                                   The Exchange proposes to amend                        Monday of the next business week. The                 which Quarterly Options Series expire,
                                                BOX Rule 100(a)(65) and IM–5050–6 to                     Exchange is also proposing to list                    provided that Monday SPY Expirations
                                                expand the Short Term Option Series                      Monday expirations series on Fridays                  that are listed on a Friday must be listed
                                                Program (‘‘Program’’) to permit the                      that precede the expiration Monday by                 at least one business week and one
                                                listing and trading of options series with               one business week plus one business                   business day prior to the expiration.
                                                Monday expirations that are listed                       day. Since Rule 100(a)(65) already                    BOX may list up to five consecutive
                                                pursuant to the Program, including                       provides for the listing of short term                Monday SPY Expirations at one time;
                                                options on the SPDR S&P 500 ETF Trust                    option series on Fridays, the Exchange                the Exchange may have no more than a
                                                (‘‘SPY’’). The text of the proposed rule                 is not modifying this provision to allow              total of five Monday SPY Expirations.6
                                                change is available from the principal                   for Friday listing of Monday expiration               The Exchange will also clarify that, as
                                                office of the Exchange, at the                           series. However, the Exchange is                      with Wednesday SPY Expirations,
                                                Commission’s Public Reference Room                       amending Rule 100(a)(65) to clarify that,
                                                and also on the Exchange’s internet                      in the case of a series that is listed on               4 See BOX Rule 100(a)(65).
                                                website at http://boxoptions.com.                        a Friday and expires on a Monday, that                  5 See CBOE Rule 24.9(e)(1) (‘‘If the Exchange is
                                                II. Self-Regulatory Organization’s                       series must be listed one business week               not open for business on a respective Monday, the
                                                                                                         and one business day prior to that                    normally Monday expiring Weekly Expirations will
                                                Statement of the Purpose of, and                                                                               expire on the following business day. If the
                                                Statutory Basis for, the Proposed Rule                   expiration (i.e., two Fridays prior to                Exchange is not open for business on a respective
                                                Change                                                   expiration).                                          Wednesday or Friday, the normally Wednesday or
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                                                                                                            As part of this proposal, the Exchange             Friday expiring Weekly Expirations will expire on
                                                   In its filing with the Commission, the                is also amending Rule 100(a)(65) to                   the previous business day.’’)
                                                self-regulatory organization included                    address the expiration of Monday                        6 Proposed IM–5050–6(a) states that the Exchange

                                                statements concerning the purpose of,                                                                          may have no more than a total of five Short Term
                                                                                                         expiration series when the Monday is                  Option Expiration Dates, however the Exchange
                                                and basis for, the proposed rule change                                                                        notes that this does not include any Monday or
                                                                                                           3 See Securities Exchange Act Release No. 82611     Wednesday SPY Expirations as provided in
                                                  1 15 U.S.C. 78s(b)(1).                                 (February 1, 2018), 83 FR 5473 (February 7, 2018)     paragraph (c) and proposed paragraph (d) of IM–
                                                  2 17 CFR 240.19b–4.                                    (Order Approving SR–Phlx–2017–103).                   5050–6.



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Document Created: 2018-02-17 02:29:29
Document Modified: 2018-02-17 02:29:29
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
DatesNotice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Public Law 94-409, the Securities and Exchange Commission will hold an Open Meeting on Wednesday, February 21, 2018 at 10:00 a.m.
FR Citation83 FR 7278 

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