83_FR_7559 83 FR 7524 - Sunshine Act Meetings

83 FR 7524 - Sunshine Act Meetings

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 35 (February 21, 2018)

Page Range7524-7524
FR Document2018-03582

Federal Register, Volume 83 Issue 35 (Wednesday, February 21, 2018)
[Federal Register Volume 83, Number 35 (Wednesday, February 21, 2018)]
[Notices]
[Page 7524]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-03582]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE: 2:00 p.m. on Thursday, February 22, 2018.

PLACE: Closed Commission Hearing Room 10800.

STATUS: This meeting will be closed to the public.

MATTERS TO BE CONSIDERED: Commissioners, Counsel to the Commissioners, 
the Secretary to the Commission, and recording secretaries will attend 
the closed meeting. Certain staff members who have an interest in the 
matters also may be present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), 
permit consideration of the scheduled matters at the closed meeting.
    Commissioner Piwowar, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matters of the closed meeting will be:
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings;
    Adjudicatory matters; and
    Other matters relating to enforcement proceedings.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.

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 15, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-03582 Filed 2-16-18; 11:15 am]
 BILLING CODE 8011-01-P



                                               7524                        Federal Register / Vol. 83, No. 35 / Wednesday, February 21, 2018 / Notices

                                               should be submitted on or before March                    SECURITIES AND EXCHANGE                               Exchange has prepared summaries, set
                                               14, 2018.                                                 COMMISSION                                            forth in Sections A, B, and C below, of
                                                 For the Commission, by the Division of                                                                        the most significant parts of such
                                                                                                         [Release No. 34–82715; File No. SR–
                                               Trading and Markets, pursuant to delegated                CboeBZX–2018–011]
                                                                                                                                                               statements.
                                               authority.7                                                                                                     (A) Self-Regulatory Organization’s
                                               Eduardo A. Aleman,                                        Self-Regulatory Organizations; Cboe                   Statement of the Purpose of, and
                                               Assistant Secretary.                                      BZX Exchange, Inc.; Notice of Filing                  Statutory Basis for, the Proposed Rule
                                               [FR Doc. 2018–03448 Filed 2–20–18; 8:45 am]               and Immediate Effectiveness of a                      Change
                                               BILLING CODE 8011–01–P                                    Proposed Rule Change To Temporarily
                                                                                                         Amend Rule 11.23(d)(2)(E) Relating to                 1. Purpose
                                                                                                         the Halt Auction Collar for a Halt                       The Exchange proposes to temporarily
                                               SECURITIES AND EXCHANGE                                   Auction for REX VolMAXX Short                         amend Rule 11.23(d)(2)(E) relating to
                                               COMMISSION                                                Weekly Futures Strategy ETF                           the Halt Auction Collar for a Halt
                                                                                                                                                               Auction for REX VolMAXX Short
                                               Sunshine Act Meetings                                     February 14, 2018.
                                                                                                                                                               Weekly Futures Strategy ETF (VMIN),
                                                                                                            Pursuant to Section 19(b)(1) of the
                                                                                                                                                               which would be operative for February
                                               TIME AND DATE:     2:00 p.m. on Thursday,                 Securities Exchange Act of 1934 (the
                                                                                                                                                               6, 2018 only.
                                               February 22, 2018.                                        ‘‘Act’’),1 and Rule 19b–4 thereunder,2                   On February 5, 2018, both the U.S.
                                               PLACE: Closed Commission Hearing                          notice is hereby given that on February               and global markets experienced
                                               Room 10800.                                               7, 2018, Cboe BZX Exchange, Inc. (the                 increased selling pressure and the Dow
                                               STATUS: This meeting will be closed to
                                                                                                         ‘‘Exchange’’ or ‘‘BZX’’) filed with the               Jones Industrial Average (‘‘DJIA’’) closed
                                               the public.                                               Securities and Exchange Commission                    4.6% down over the prior closing day.
                                                                                                         (‘‘Commission’’) the proposed rule                    In addition, on February 5, 2018,
                                               MATTERS TO BE CONSIDERED:
                                                                                                         change as described in Items I and II                 volatility was significantly higher across
                                               Commissioners, Counsel to the                             below, which Items have been prepared
                                               Commissioners, the Secretary to the                                                                             all measures of U.S. markets and
                                                                                                         by the Exchange. The Exchange has                     continued to fluctuate significantly
                                               Commission, and recording secretaries                     designated this proposal as a ‘‘non-
                                               will attend the closed meeting. Certain                                                                         through the morning of February 6,
                                                                                                         controversial’’ proposed rule change                  2018.
                                               staff members who have an interest in                     pursuant to Section 19(b)(3)(A) of the
                                               the matters also may be present.                                                                                   VMIN, which is listed on the
                                                                                                         Act 3 and Rule 19b–4(f)(6)(iii)                       Exchange, seeks to provide investors
                                                  The General Counsel of the
                                                                                                         thereunder,4 which renders it effective               with inverse exposure to the implied
                                               Commission, or his designee, has
                                                                                                         upon filing with the Commission. The                  volatility of the broad-based, large-cap
                                               certified that, in his opinion, one or
                                                                                                         Commission is publishing this notice to               U.S. equity market by obtaining
                                               more of the exemptions set forth in 5
                                                                                                         solicit comments on the proposed rule                 investment exposure to an actively
                                               U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
                                                                                                         change from interested persons.                       managed portfolio of exchange-traded
                                               and (10) and 17 CFR 200.402(a)(3),
                                               (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and            I. Self-Regulatory Organization’s                     Cboe Volatility Index (‘‘VIX’’) Futures
                                               (a)(10), permit consideration of the                      Statement of the Terms of Substance of                Contracts with weekly and monthly
                                               scheduled matters at the closed meeting.                  the Proposed Rule Change                              expirations. On February 5, 2018, the
                                                  Commissioner Piwowar, as duty                                                                                Official Closing Price for VMIN was
                                                                                                            The Exchange filed a proposal to
                                               officer, voted to consider the items                                                                            $16.57. The price of VMIN declined in
                                                                                                         temporarily amend Rule 11.23(d)(2)(E)
                                               listed for the closed meeting in closed                                                                         after-market trading on February 5,
                                                                                                         relating to the Halt Auction Collar for a
                                               session.                                                                                                        2018, and the last reported extended-
                                                                                                         Halt Auction for REX VolMAXX Short
                                                  The subject matters of the closed                                                                            hours trade price on that day was $7.50.
                                                                                                         Weekly Futures Strategy ETF (VMIN),
                                               meeting will be:                                                                                                The reported NAV for February 5, 2018
                                                                                                         which would be operative for February
                                                  Institution and settlement of                                                                                was $3.37. Because of the volatility in
                                                                                                         6, 2018 only.
                                               injunctive actions;                                          The text of the proposed rule change               the pricing for VMIN and based on
                                                  Institution and settlement of                          is available at the Exchange’s website at             information from the issuer that there
                                               administrative proceedings;                               www.markets.cboe.com, at the principal                was a news event forthcoming, the
                                                  Adjudicatory matters; and                              office of the Exchange, and at the                    Exchange halted trading in VMIN
                                                  Other matters relating to enforcement                  Commission’s Public Reference Room.                   during the Pre-Opening Session. While
                                               proceedings.                                                                                                    the security was halted, an Intraday
                                                  At times, changes in Commission                        II. Self-Regulatory Organization’s                    Indicative Value (‘‘IIV’’) was published
                                               priorities require alterations in the                     Statement of the Purpose of, and                      under the ticker VMIN.IV, and as of 3:00
                                               scheduling of meeting items.                              Statutory Basis for, the Proposed Rule                p.m. Eastern Time on February 6, 2018,
                                               CONTACT PERSON FOR MORE INFORMATION:                      Change                                                the IIV was $3.19. As such, the Halt
                                               For further information and to ascertain                    In its filing with the Commission, the              Auction Reference Price for a Halt
                                               what, if any, matters have been added,                    Exchange included statements                          Auction would be the prior day’s
                                               deleted or postponed; please contact                      concerning the purpose of and basis for               Official Closing Price, $16.57, and the
                                               Brent J. Fields from the Office of the                    the proposed rule change and discussed                Halt Auction Collar would be $14.91
                                               Secretary at (202) 551–5400.                              any comments it received on the                       and $18.23.
                                                                                                         proposed rule change. The text of these                  However, because of market events
daltland on DSKBBV9HB2PROD with NOTICES




                                                 Dated: February 15, 2018.                                                                                     unique to the circumstances of February
                                               Brent J. Fields,
                                                                                                         statements may be examined at the
                                                                                                         places specified in Item IV below. The                5, 2018 and February 6, 2018, and the
                                               Secretary.                                                                                                      impact on pricing of VMIN, the
                                               [FR Doc. 2018–03582 Filed 2–16–18; 11:15 am]                1 15 U.S.C. 78s(b)(1).                              Exchange does not believe that VMIN’s
                                               BILLING CODE 8011–01–P                                      2 17 CFR 240.19b–4.                                 Official Closing Price would be an
                                                                                                           3 15 U.S.C. 78s(b)(3)(A).                           appropriate Halt Auction Reference
                                                 7 17   CFR 200.30–3(a)(12).                               4 17 CFR 240.19b–4(f)(6)(iii).                      Price and the basis for calculating the


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Document Created: 2018-02-21 01:48:37
Document Modified: 2018-02-21 01:48:37
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
Dates2:00 p.m. on Thursday, February 22, 2018.
FR Citation83 FR 7524 

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