Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Schedule of Fees, 41620-41622 [2014-16652]
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Federal Register / Vol. 79, No. 136 / Wednesday, July 16, 2014 / Notices
discriminatory because they are open to
all members on an equal basis and
provide higher rebates or lower fees that
are reasonably related to the value to an
exchange’s market quality associated
with higher levels of market activity,
such as higher levels of liquidity
provision and introduction of higher
volumes of orders into the price and
volume discovery process. Accordingly,
the Exchange believes that the proposal
is equitably allocated and not unfairly
discriminatory because it is consistent
with the overall goals of enhancing
market quality. Further, the Exchange
believes that a tiered pricing model not
significantly altered by a day of atypical
trading behavior which allows Members
to predictably calculate what their costs
associated with trading activity on the
Exchange will be is reasonable, fair and
equitable and not unreasonably
discriminatory as it is uniform in
application amongst Members and
should enable such participants to
operate their business without concern
of unpredictable and potentially
significant changes in expenses.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will result in
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act, as amended.
The proposed change will help to
promote intramarket competition by
avoiding a penalty to Members for days
when overall trading activity might be
significantly lower than a typical
trading day. As stated above, the
Exchange notes that it operates in a
highly competitive market in which
market participants can readily direct
order flow to competing venues if the
deem fee structures to be unreasonable
or excessive.
tkelley on DSK3SPTVN1PROD with NOTICES
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange has neither solicited
nor received written comments on the
proposed rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 16 and paragraph (f) of Rule
19b–4 thereunder.17 At any time within
60 days of the filing of the proposed rule
change, the Commission summarily may
16 15
U.S.C. 78s(b)(3)(A).
17 17 CFR 240.19b–4(f).
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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.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.18
Kevin M. O’Neill,
Deputy Secretary.
IV. Solicitation of Comments
BILLING CODE 8011–01–P
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 (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
BATS–2014–025 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–BATS–2014–025. 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 Web site (https://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 Web site 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;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–BATS–
2014–025 and should be submitted on
or before August 6, 2014.
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[FR Doc. 2014–16664 Filed 7–15–14; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–72588; File No. SR–ISE–
2014–36]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change To Amend the Schedule of
Fees
July 10, 2014.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on July 1,
2014, the International Securities
Exchange, LLC (the ‘‘Exchange’’ or the
‘‘ISE’’) filed with the Securities and
Exchange Commission the proposed
rule change, as described in Items I, II,
and III below, which items have been
prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
The ISE is proposing to amend its
Schedule of Fees to increase certain
network and gateway fees. The text of
the proposed rule change is available on
the Exchange’s Web site (https://
www.ise.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
self-regulatory organization 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 self-regulatory organization has
prepared summaries, set forth in
18 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
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Federal Register / Vol. 79, No. 136 / Wednesday, July 16, 2014 / Notices
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 purpose of the proposed rule
change is to amend the Schedule of Fees
to increase certain network and gateway
fees. The Exchange charges an Ethernet
fee for its four different Ethernet
connection options, which is $500 per
month for a 1 Gigabit (‘‘Gb’’)
connection, $4,000 per month for a 10
Gb connection, $7,000 per month for a
10 Gb low latency connection, and
$12,500 per month for a 40 Gb low
latency connection. These Ethernet
connectivity options provide access to
both the ISE and the ISE’s sister
exchange, ISE Gemini, LLC (‘‘ISE
Gemini’’).3 The Exchange proposes to
increase the fees charged for the 1 Gb
connection to $750 per month. In
addition, the Exchange offers both
shared and dedicated gateways to
facilitate member access to ISE and ISE
Gemini for a single fee. The Exchange
charges members a monthly gateway fee
of $250 per gateway for a shared
gateway or $2,000 per gateway pair for
members that elect to use their own
dedicated gateways as an alternative to
using shared gateways. The Exchange
proposes to increase the shared gateway
fee to $500 per month.
tkelley on DSK3SPTVN1PROD with NOTICES
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the provisions of Section 6 of the Act,4
in general, and Section 6(b)(4) of the
Act,5 in particular, in that it is designed
to provide for the equitable allocation of
reasonable dues, fees, and other charges
among its members and other persons
using its facilities. The Exchange
believes that it is reasonable and
equitable to increase the network and
gateway fees described in this filing as
the Exchange has not increased the fees
charged for these network and gateway
options since each was introduced,6 and
the new fees are more in line with the
Exchange’s current connectivity costs,
including costs for software and
3 See Securities Exchange Act Release No. 71324
(January 16, 2014), 79 FR 3911 (January 23, 2014)
(SR–ISE–2014–01). Market participants pay the
same fees regardless of whether they choose to
connect to both exchanges or solely to the ISE.
4 15 U.S.C. 78f.
5 15 U.S.C. 78f(b)(4).
6 See Securities Exchange Act Release No. 55289
(February 13, 2007), 72 FR 8218 (February 23, 2007)
(SR–ISE–2007–04); 68324 (November 30, 2012), 77
FR 72901 (December 6, 2012) (SR–ISE–2012–89).
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17:58 Jul 15, 2014
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hardware enhancements, and resources
dedicated to development, quality
assurance, and support. The Exchange
also notes that these connectivity
options now provide access to two
exchanges, ISE and ISE Gemini, for a
single fee and thus believes that the new
fees are appropriate given the additional
benefit that this provides to firms that
choose to connect to both markets. The
new fees are also well within the range
of fees currently charged by other
options exchanges. For example, NYSE
Arca Options (‘‘Arca’’) charges a
monthly fee of $5,000 per connection
for a 1 Gb liquidity center network
connection with a $6,000 per
connection initial charge, which is
significantly more expensive than the
proposed Ethernet fee of $750 per
month.7 Furthermore, the Exchange
believes that the new fees are not
unfairly discriminatory as all market
participants that use these connectivity
options will pay the same fee, and there
is no differentiation among market
participants with regard to the fees
charged.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
In accordance with Section 6(b)(8) of
the Act,8 the Exchange does not believe
that the proposed rule change will
impose any burden on intermarket or
intramarket competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed rule change increases certain
network and gateway fees to levels that
are within the range of fees charged by
other options exchanges. These fees will
be charged to all firms that elect to use
the connectivity options described in
this filing. The Exchange operates in a
highly competitive market in which
market participants can readily direct
their order flow to competing venues. In
such an environment, the Exchange
must continually review, and consider
adjusting, its fees to remain competitive
with other exchanges. For the reasons
described above, the Exchange believes
that the proposed fee changes reflect
this competitive environment.
7 See Arca Fees and Charges, Floor and
Equipment and Co-location Fees. There is no
gateway fee listed on Arca’s fee schedule, but the
cost of obtaining a 1 Gb connection to Arca is
considerably higher than the fees proposed in this
filing even with the additional $500 gateway fee.
There is no similar initial charge for setting up
connectivity to the ISE.
8 15 U.S.C. 78f(b)(8).
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41621
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange has not solicited, and
does not intend to solicit, comments on
this proposed rule change. The
Exchange has not received any
unsolicited written comments from
members or other interested parties.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(ii) of the Act 9 and
subparagraph (f)(2) of Rule 19b–4
thereunder,10 because it establishes a
due, fee, or other charge imposed by
ISE.
At any time within 60 days of the
filing of such 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. If the
Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
should be approved or disapproved.
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 (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rulecomments@sec.gov. Please include File
Number SR–ISE–2014–36 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–ISE–2014–36. 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
9 15
U.S.C. 78s(b)(3)(A)(ii).
CFR 240.19b–4(f)(2).
10 17
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16JYN1
41622
Federal Register / Vol. 79, No. 136 / Wednesday, July 16, 2014 / Notices
Internet Web site (https://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 Web site 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 such
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–ISE–
2014–36, and should be submitted on or
before August 6, 2014.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2014–16652 Filed 7–15–14; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice: 8796]
30-Day Notice of Proposed Information
Collection: NEA/AC Performance
Reporting System (PRS)
Notice of request for public
comment and submission to OMB of
proposed collection of information.
ACTION:
The Department of State has
submitted the information collection
described below to the Office of
Management and Budget (OMB) for
approval. In accordance with the
Paperwork Reduction Act of 1995 we
are requesting comments on this
collection from all interested
individuals and organizations. The
purpose of this Notice is to allow 30
days for public comment.
DATES: Submit comments directly to the
Office of Management and Budget
(OMB) up to August 15, 2014.
tkelley on DSK3SPTVN1PROD with NOTICES
SUMMARY:
11 17
CFR 200.30–3(a)(12).
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Jkt 232001
Direct comments to the
Department of State Desk Officer in the
Office of Information and Regulatory
Affairs at the Office of Management and
Budget (OMB). You may submit
comments by the following methods:
• Email: oira_submission@
omb.eop.gov. You must include the DS
form number, information collection
title, and the OMB control number in
the subject line of your message.
• Fax: 202–395–5806. Attention: Desk
Officer for Department of State.
FOR FURTHER INFORMATION CONTACT:
Direct requests for additional
information regarding the collection
listed in this notice, including requests
for copies of the proposed collection
instrument and supporting documents,
to Markita Cooke, U.S. Department of
State, Assistance Coordination Office,
Bureau of Near Eastern Affairs, NEA
Mail Room—Room 6258, 2201 C St.
NW., Washington, DC 20520, who may
be reached on 202–776–8309 or at
CookeMA@state.gov.
SUPPLEMENTARY INFORMATION:
• Title of Information Collection:
NEA/AC Performance Reporting System
(PRS).
• OMB Control Number: 1405–0183.
• Type of Request: Extension.
• Originating Office: NEA/AC.
• Form Number: DS–4127.
• Respondents: Recipients of NEA/
AC grants.
• Estimated Number of Respondents:
125 respondents annually.
• Estimated Number of Responses:
500 per year.
• Average Time per Response: 20
hours.
• Total Estimated Burden Time:
10,000 hours.
• Frequency: Quarterly.
• Obligation to Respond: Required to
Obtain or Retain a Benefit.
We are soliciting public comments to
permit the Department to:
• Evaluate whether the proposed
information collection is necessary for
the proper functions of the Department.
• Evaluate the accuracy of our
estimate of the time and cost burden for
this proposed collection, including the
validity of the methodology and
assumptions used.
• Enhance the quality, utility, and
clarity of the information to be
collected.
• Minimize the reporting burden on
those who are to respond, including the
use of automated collection techniques
or other forms of information
technology.
Please note that comments submitted
in response to this Notice are public
record. Before including any detailed
ADDRESSES:
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personal information, you should be
aware that your comments as submitted,
including your personal information,
will be available for public review.
Abstract of Proposed Collection
The Assistance Coordination (AC)
Office, established in June 2014,
coordinates United States government
foreign assistance in the Middle East
and North Africa region for the
Department of State, and manages the
implementation of all the assistance
functions within the Department of
State’s Bureau of Near Eastern Affairs.
In fiscal year 2014, the AC office will
obligate over $120 million in support of
political, economic, education and
women’s rights reform in 20 countries of
the Middle East and North Africa. As a
normal course of business and in
compliance with 22 U.S.C. 2395(b) and
OMB Guidelines contained in Circular
A–110, recipient organizations are
required to provide, and the U.S.
Department of State is required to
collect, periodic program and financial
performance reports. The responsibility
of the Department to track and monitor
the programmatic and financial
performance necessitates a database that
can help facilitate this in a consistent
and standardized manner. The NEA/AC
Performance Reporting System (PRS)
enables enhanced monitoring and
evaluation of grants through
standardized collection and storage of
relevant award elements, such as
quarterly progress reports, workplans,
results monitoring plans, grant
agreements, and other business
information related to AC implementers.
The PRS streamlines communication
with implementers and allows for rapid
identification of information gaps for
specific projects.
Methodology
Information will be entered into PRS
electronically by respondents.
Dated: July 8, 2014.
Catherine Bourgeois,
Chief of Staff, Bureau of Near Eastern Affairs,
NEA/AC Department of State.
[FR Doc. 2014–16769 Filed 7–15–14; 8:45 am]
BILLING CODE 4710–31–P
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]]>Agencies
[Federal Register Volume 79, Number 136 (Wednesday, July 16, 2014)]
[Notices]
[Pages 41620-41622]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-16652]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-72588; File No. SR-ISE-2014-36]
Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change To Amend the Schedule of Fees
July 10, 2014.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on July 1, 2014, the International Securities Exchange, LLC (the
``Exchange'' or the ``ISE'') filed with the Securities and Exchange
Commission the proposed rule change, as described in Items I, II, and
III below, which items have been prepared by the self-regulatory
organization. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of the
Substance of the Proposed Rule Change
The ISE is proposing to amend its Schedule of Fees to increase
certain network and gateway fees. The text of the proposed rule change
is available on the Exchange's Web site (https://www.ise.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 self-regulatory organization
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 self-regulatory organization
has prepared summaries, set forth in
[[Page 41621]]
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 purpose of the proposed rule change is to amend the Schedule of
Fees to increase certain network and gateway fees. The Exchange charges
an Ethernet fee for its four different Ethernet connection options,
which is $500 per month for a 1 Gigabit (``Gb'') connection, $4,000 per
month for a 10 Gb connection, $7,000 per month for a 10 Gb low latency
connection, and $12,500 per month for a 40 Gb low latency connection.
These Ethernet connectivity options provide access to both the ISE and
the ISE's sister exchange, ISE Gemini, LLC (``ISE Gemini'').\3\ The
Exchange proposes to increase the fees charged for the 1 Gb connection
to $750 per month. In addition, the Exchange offers both shared and
dedicated gateways to facilitate member access to ISE and ISE Gemini
for a single fee. The Exchange charges members a monthly gateway fee of
$250 per gateway for a shared gateway or $2,000 per gateway pair for
members that elect to use their own dedicated gateways as an
alternative to using shared gateways. The Exchange proposes to increase
the shared gateway fee to $500 per month.
---------------------------------------------------------------------------
\3\ See Securities Exchange Act Release No. 71324 (January 16,
2014), 79 FR 3911 (January 23, 2014) (SR-ISE-2014-01). Market
participants pay the same fees regardless of whether they choose to
connect to both exchanges or solely to the ISE.
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6 of the Act,\4\ in general, and Section
6(b)(4) of the Act,\5\ in particular, in that it is designed to provide
for the equitable allocation of reasonable dues, fees, and other
charges among its members and other persons using its facilities. The
Exchange believes that it is reasonable and equitable to increase the
network and gateway fees described in this filing as the Exchange has
not increased the fees charged for these network and gateway options
since each was introduced,\6\ and the new fees are more in line with
the Exchange's current connectivity costs, including costs for software
and hardware enhancements, and resources dedicated to development,
quality assurance, and support. The Exchange also notes that these
connectivity options now provide access to two exchanges, ISE and ISE
Gemini, for a single fee and thus believes that the new fees are
appropriate given the additional benefit that this provides to firms
that choose to connect to both markets. The new fees are also well
within the range of fees currently charged by other options exchanges.
For example, NYSE Arca Options (``Arca'') charges a monthly fee of
$5,000 per connection for a 1 Gb liquidity center network connection
with a $6,000 per connection initial charge, which is significantly
more expensive than the proposed Ethernet fee of $750 per month.\7\
Furthermore, the Exchange believes that the new fees are not unfairly
discriminatory as all market participants that use these connectivity
options will pay the same fee, and there is no differentiation among
market participants with regard to the fees charged.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f.
\5\ 15 U.S.C. 78f(b)(4).
\6\ See Securities Exchange Act Release No. 55289 (February 13,
2007), 72 FR 8218 (February 23, 2007) (SR-ISE-2007-04); 68324
(November 30, 2012), 77 FR 72901 (December 6, 2012) (SR-ISE-2012-
89).
\7\ See Arca Fees and Charges, Floor and Equipment and Co-
location Fees. There is no gateway fee listed on Arca's fee
schedule, but the cost of obtaining a 1 Gb connection to Arca is
considerably higher than the fees proposed in this filing even with
the additional $500 gateway fee. There is no similar initial charge
for setting up connectivity to the ISE.
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
In accordance with Section 6(b)(8) of the Act,\8\ the Exchange does
not believe that the proposed rule change will impose any burden on
intermarket or intramarket competition that is not necessary or
appropriate in furtherance of the purposes of the Act. The proposed
rule change increases certain network and gateway fees to levels that
are within the range of fees charged by other options exchanges. These
fees will be charged to all firms that elect to use the connectivity
options described in this filing. The Exchange operates in a highly
competitive market in which market participants can readily direct
their order flow to competing venues. In such an environment, the
Exchange must continually review, and consider adjusting, its fees to
remain competitive with other exchanges. For the reasons described
above, the Exchange believes that the proposed fee changes reflect this
competitive environment.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78f(b)(8).
---------------------------------------------------------------------------
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any unsolicited written comments from members or other interested
parties.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A)(ii) of the Act \9\ and subparagraph (f)(2) of Rule 19b-4
thereunder,\10\ because it establishes a due, fee, or other charge
imposed by ISE.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78s(b)(3)(A)(ii).
\10\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
At any time within 60 days of the filing of such 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. If the Commission
takes such action, the Commission shall institute proceedings to
determine whether the proposed rule should be approved or disapproved.
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 (https://www.sec.gov/rules/sro.shtml); or
Send an email to rule-comments@sec.gov. Please include
File Number SR-ISE-2014-36 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-ISE-2014-36. 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
[[Page 41622]]
Internet Web site (https://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 Web site 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 such filing also will be available for inspection
and copying at the principal office of the Exchange. All comments
received will be posted without change; the Commission does not edit
personal identifying information from submissions. You should submit
only information that you wish to make available publicly. All
submissions should refer to File Number SR-ISE-2014-36, and should be
submitted on or before August 6, 2014.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-16652 Filed 7-15-14; 8:45 am]
BILLING CODE 8011-01-P
