Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the NYSE Amex Options Fee Schedule To Discontinue the Market Access and Connectivity Subsidy, 48132-48134 [2015-19645]
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48132
Federal Register / Vol. 80, No. 154 / Tuesday, August 11, 2015 / Notices
was estimated using Commission review
of filed Rule 17Ad–13 reports and
Commission conversations with transfer
agents and accountants. The
Commission estimates that, on average,
120 hours are needed to perform the
study, prepare the report, and retain the
required records on an annual basis.
Assuming an average hourly rate of an
independent accountant of $60, the
average total annual cost of the report is
$7,200. The total annual cost for the
approximate 100 respondents is
approximately $720,000.
Written comments are invited on: (a)
Whether the proposed collection of
information is necessary for the
performance of the functions of the
agency, including whether the
information will have any practical
utility; (b) the accuracy of the agency’s
estimate of the burden imposed by the
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information collected; and (d)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Consideration will be given to
comments and suggestions submitted in
writing within 60 days of this
publication.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
Please direct your written comments
to Pamela Dyson, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington
DC 20549, or send an email to:
PRA_Mail_Box@sec.gov.
Dated: August 5, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–19648 Filed 8–10–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
asabaliauskas on DSK5VPTVN1PROD with NOTICES
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
Extension: Rule 17Ad–15;
SEC File No. 270–360, OMB Control No.
3235–0409.
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Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 17Ad–15 (17 CFR 240.17Ad–15)
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.).
Rule 17Ad–15 (17 CFR 240.17Ad-15)
under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) (the ‘‘Act’’)
requires approximately 429 transfer
agents to establish written standards for
the acceptance or rejection of guarantees
of securities transfers from eligible
guarantor institutions. Transfer agents
are required to establish procedures to
ensure that those standards are used by
the transfer agent to determine whether
to accept or reject guarantees from
eligible guarantor institutions. Transfer
agents must maintain, for a period of
three years following the date of a
rejection of transfer, a record of all
transfers rejected, along with the reason
for the rejection, identification of the
guarantor, and whether the guarantor
failed to meet the transfer agent’s
guarantee standard. These
recordkeeping requirements assist the
Commission and other regulatory
agencies with monitoring transfer agents
and ensuring compliance with the rule.
There are approximately 429
registered transfer agents. The staff
estimates that each transfer agent will
spend about 40 hours annually to
comply with Rule 17Ad–15, or a total of
17,160 hours for all transfer agents (429
× 40 hours = 17,160 hours). The
Commission staff estimates that
compliance staff work at each registered
transfer agent will result in an internal
cost of compliance (at an estimated
hourly wage of $283) of $11,320 per
year per transfer agent (40 hours x $283
per hour = $ 11,320 per year). Therefore,
the aggregate annual internal cost of
compliance for the approximately 429
registered transfer agents is
approximately $4,856,280 ($11,320 ×
429 = $4,856,280).
This rule does not involve the
collection of confidential information.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
PO 00000
Frm 00063
Fmt 4703
Sfmt 4703
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Pamela
Dyson, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC
20549, or by sending an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: August 5, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–19644 Filed 8–10–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–75609; File No. SR–
NYSEMKT–2015–59]
Self-Regulatory Organizations; NYSE
MKT LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Amending the NYSE
Amex Options Fee Schedule To
Discontinue the Market Access and
Connectivity Subsidy
August 5, 2015.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on July 31,
2015, NYSE MKT LLC (the ‘‘Exchange’’
or ‘‘NYSE MKT’’) filed with the
Securities and Exchange Commission
(the ‘‘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 Substance of
the Proposed Rule Change
The Exchange proposes to amend the
NYSE Amex Options Fee Schedule
(‘‘Fee Schedule’’) to discontinue the
Market Access and Connectivity
(‘‘MAC’’) Subsidy. The Exchange
proposes to implement the fee change
effective August 1, 2015. The text of the
proposed rule change is available on the
Exchange’s Web site at www.nyse.com,
at the principal office of the Exchange,
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
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Federal Register / Vol. 80, No. 154 / Tuesday, August 11, 2015 / Notices
2. Statutory Basis
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 those statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
asabaliauskas on DSK5VPTVN1PROD with NOTICES
1. Purpose
The purpose of this filing is to
discontinue the MAC Subsidy as
described below. The Exchange
proposes to implement this fee change
effective August 1, 2015.
The Exchange proposes to
discontinue fees for the MAC Subsidy,
which is paid to ATP Holders that
provide access and connectivity to the
Exchange to other ATP Holders and/or
utilize such access themselves. In
February 2014, the Exchange
implemented the MAC Subsidy for
those ATP Holders that provide access
and connectivity to the Exchange for the
purposes of electronic order routing
either to other ATP Holders and/or
utilize such access themselves.4 The
MAC Subsidy pays a certain rebate to
qualifying ATP Holders based on certain
executed electronic volumes delivered
to the Exchange by the qualifying ATP
Holders’ connection(s) to the Exchange.
The MAC Subsidy was designed to
attract higher volumes of electronic
equity and Exchange-Traded Fund
(‘‘ETF’’) volume to the Exchange from
certain market participants. However,
the Exchange does not believe that the
MAC Subsidy has achieved its intended
objective of attracting additional volume
and, therefore, proposes to discontinue
it. Thus, the Exchange proposes to
delete the MAC Subsidy, and the
description thereof, from Section I.H. of
the Fee Schedule and to hold that
section as Reserved.
4 See Securities Exchange Act Release No. 71532
(February 12, 2014), 79 FR 9663 (February 19, 2014)
(SR–NYSEMKT–2014–12).
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The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act,5 in general, and
furthers the objectives of Sections
6(b)(4) and (5) of the Act,6 in particular,
because it provides for the equitable
allocation of reasonable dues, fees, and
other charges among its members,
issuers and other persons using its
facilities and does not unfairly
discriminate between customers,
issuers, brokers or dealers.
The Exchange believes the
discontinuance of the MAC Subsidy is
reasonable, equitable and not unfairly
discriminatory because it would result
in all similarly situated ATP Holders
being treated in the same manner,
regardless of volume delivered to the
Exchange. The Exchange further
believes the proposed rule change is
reasonable because removing the MAC
Subsidy from the Fee Schedule will
provide clarity and greater transparency
regarding the Exchange’s fees.
For these reasons, the Exchange
believes that the proposal is consistent
with the Act.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
In accordance with Section 6(b)(8) of
the Act,7 the Exchange does not believe
that the proposed rule change will
impose any burden on competition that
is not necessary or appropriate in
furtherance of the purposes of the Act.
The Exchange notes that it operates in
a highly competitive market in which
market participants can readily favor
competing venues. In such an
environment, the Exchange must
continually review, and consider
adjusting, its fees and credits to remain
competitive with other exchanges. For
the reasons described above, the
Exchange believes that the proposed
rule change reflects this competitive
environment.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change is effective
upon filing pursuant to Section
U.S.C. 78f(b).
U.S.C. 78f(b)(4) and (5).
7 15 U.S.C. 78f(b)(8).
19(b)(3)(A) 8 of the Act and
subparagraph (f)(2) of Rule 19b–4 9
thereunder, because it establishes a due,
fee, or other charge imposed by the
Exchange.
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
under Section 19(b)(2)(B) 10 of the Act to
determine whether the proposed rule
change 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–
NYSEMKT–2015–59 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–NYSEMKT–2015–59. 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
5 15
8 15
6 15
9 17
PO 00000
Frm 00064
Fmt 4703
Sfmt 4703
48133
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
10 15 U.S.C. 78s(b)(2)(B).
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48134
Federal Register / Vol. 80, No. 154 / Tuesday, August 11, 2015 / Notices
printing in the Commission’s Public
Reference Section, 100 F Street NE.,
Washington, DC 20549–1090 on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing will also be available for
inspection and copying at the NYSE’s
principal office and on its Internet Web
site at www.nyse.com. 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–
NYSEMKT–2015–59 and should be
submitted on or before September 1,
2015.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–19645 Filed 8–10–15; 8:45 am]
services of governmental nature may file
disaster loan applications at the address
listed above or other locally announced
locations.
The following areas have been
determined to be adversely affected by
the disaster:
Primary Counties: Allamakee;
Appanoose; Butler; Clayton; Dallas;
Davis; Des Moines; Guthrie; Howard;
Jefferson; Lee; Lucas; Marion;
Mitchell; Monroe; Warren; Wayne;
Winneshiek; Wright.
The Interest Rates are:
For Physical Damage:
Non-Profit Organizations With
Credit Available Elsewhere ...
Non-Profit Organizations Without Credit Available Elsewhere .....................................
For Economic Injury:
Non-Profit Organizations Without Credit Available Elsewhere .....................................
2.625
2.625
2.625
BILLING CODE 8011–01–P
The number assigned to this disaster
for physical damage is 14403B and for
economic injury is 14404B
SMALL BUSINESS ADMINISTRATION
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
[Disaster Declaration #14403 and #14404]
James E. Rivera,
Associate Administrator for Disaster
Assistance.
Iowa Disaster #IA–00064
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
BILLING CODE 8025–01–P
This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of Iowa (FEMA–4234–DR),
dated 07/31/2015.
Incident: Severe Storms, Tornadoes,
Straight-Line Winds, and Flooding.
Incident Period: 06/20/2015 through
06/25/2015.
Effective Date: 07/31/2015.
Physical Loan Application Deadline
Date: 09/29/2015.
Economic Injury (EIDL) Loan
Application Deadline Date: 05/02/2016.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
President’s major disaster declaration on
07/31/2015, Private Non-Profit
organizations that provide essential
SUMMARY:
asabaliauskas on DSK5VPTVN1PROD with NOTICES
[FR Doc. 2015–19630 Filed 8–10–15; 8:45 am]
11 17
CFR 200.30–3(a)(12).
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OFFICE OF THE UNITED STATES
TRADE REPRESENTATIVE
[Dispute No. WTO/DS491]
WTO Dispute Settlement Proceeding
Regarding United States—AntiDumping and Countervailing Measures
on Certain Coated Paper From
Indonesia
Office of the United States
Trade Representative.
ACTION: Notice; request for comments.
AGENCY:
The Office of the United
States Trade Representative (‘‘USTR’’) is
providing notice that the Republic of
Indonesia has requested the
establishment of a dispute settlement
panel under the Marrakesh Agreement
Establishing the World Trade
Organization and the Understanding on
Rules and Procedures Governing the
Settlement of Disputes (‘‘DSU’’). That
request may be found at www.wto.org
contained in a document designated as
WT/DS491/2. USTR invites written
comments from the public concerning
the issues raised in this dispute.
DATES: Although USTR will accept any
comments received during the course of
SUMMARY:
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
the dispute settlement proceedings,
comments should be submitted on or
before September 9, 2015, to be assured
of timely consideration by USTR.
ADDRESSES: Public comments should be
submitted electronically to
www.regulations.gov, docket number
USTR–2015–0005. If you are unable to
provide submissions by
www.regulations.gov, please contact
Sandy McKinzy at (202) 395–9483 to
arrange for an alternative method of
transmission.
If (as explained below) the comment
contains confidential information, then
the comment should be submitted by
fax only to Sandy McKinzy at (202)
395–3640.
FOR FURTHER INFORMATION CONTACT:
Micah Myers, Associate General
Counsel, or Juli Schwartz, Assistant
General Counsel, Office of the United
States Trade Representative, 600 17th
Street NW., Washington, DC 20508,
(202) 395–3150.
SUPPLEMENTARY INFORMATION: Section
127(b) of the Uruguay Round
Agreements Act (‘‘URAA’’) (19 U.S.C.
3537(b)(1)) requires that notice and
opportunity for comment be provided
after the United States submits or
receives a request for the establishment
of a WTO dispute settlement panel.
Consistent with this obligation, USTR is
providing notice that the establishment
of a dispute settlement panel has been
requested pursuant to the DSU. The
panel will hold its meetings in Geneva,
Switzerland.
Major Issues Raised by Indonesia
On November 17, 2010, the U.S.
Department of Commerce (‘‘DOC’’)
published antidumping (‘‘AD’’) and
countervailing duty (‘‘CVD’’) orders (75
FR 70205; 75 FR 70206) on certain
coated paper from Indonesia. On March
13, 2015, Indonesia requested WTO
dispute settlement consultations
regarding some of DOC’s determinations
in the CVD investigation, as well as the
U.S. International Trade Commission’s
(‘‘ITC’’) threat of material injury
determinations in both the AD and CVD
proceedings. Indonesia and the United
States held consultations in Geneva on
June 25, 2015.
On July 9, 2015, Indonesia requested
that the WTO establish a dispute
settlement panel. In its panel request,
Indonesia contends that the DOC’s
findings of countervailable subsidies
with respect to a number of government
practices in the logging and paper
industries are inconsistent with Article
VI of the General Agreement on Tariffs
And Trade 1994 (‘‘GATT 1994’’) and the
Agreement on Subsidies and
E:\FR\FM\11AUN1.SGM
11AUN1
]]>Agencies
[Federal Register Volume 80, Number 154 (Tuesday, August 11, 2015)]
[Notices]
[Pages 48132-48134]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19645]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-75609; File No. SR-NYSEMKT-2015-59]
Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and
Immediate Effectiveness of Proposed Rule Change Amending the NYSE Amex
Options Fee Schedule To Discontinue the Market Access and Connectivity
Subsidy
August 5, 2015.
Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby
given that, on July 31, 2015, NYSE MKT LLC (the ``Exchange'' or ``NYSE
MKT'') filed with the Securities and Exchange Commission (the
``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\ 15 U.S.C. 78a.
\3\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to amend the NYSE Amex Options Fee Schedule
(``Fee Schedule'') to discontinue the Market Access and Connectivity
(``MAC'') Subsidy. The Exchange proposes to implement the fee change
effective August 1, 2015. The text of the proposed rule change is
available on the Exchange's Web site at www.nyse.com, at the principal
office of the Exchange,
[[Page 48133]]
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 those statements may be examined at
the places specified in Item IV below. The Exchange has prepared
summaries, set forth in sections A, B, and C below, of the most
significant parts of such statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change
1. Purpose
The purpose of this filing is to discontinue the MAC Subsidy as
described below. The Exchange proposes to implement this fee change
effective August 1, 2015.
The Exchange proposes to discontinue fees for the MAC Subsidy,
which is paid to ATP Holders that provide access and connectivity to
the Exchange to other ATP Holders and/or utilize such access
themselves. In February 2014, the Exchange implemented the MAC Subsidy
for those ATP Holders that provide access and connectivity to the
Exchange for the purposes of electronic order routing either to other
ATP Holders and/or utilize such access themselves.\4\ The MAC Subsidy
pays a certain rebate to qualifying ATP Holders based on certain
executed electronic volumes delivered to the Exchange by the qualifying
ATP Holders' connection(s) to the Exchange. The MAC Subsidy was
designed to attract higher volumes of electronic equity and Exchange-
Traded Fund (``ETF'') volume to the Exchange from certain market
participants. However, the Exchange does not believe that the MAC
Subsidy has achieved its intended objective of attracting additional
volume and, therefore, proposes to discontinue it. Thus, the Exchange
proposes to delete the MAC Subsidy, and the description thereof, from
Section I.H. of the Fee Schedule and to hold that section as Reserved.
---------------------------------------------------------------------------
\4\ See Securities Exchange Act Release No. 71532 (February 12,
2014), 79 FR 9663 (February 19, 2014) (SR-NYSEMKT-2014-12).
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Act,\5\ in general, and furthers the
objectives of Sections 6(b)(4) and (5) of the Act,\6\ in particular,
because it provides for the equitable allocation of reasonable dues,
fees, and other charges among its members, issuers and other persons
using its facilities and does not unfairly discriminate between
customers, issuers, brokers or dealers.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78f(b).
\6\ 15 U.S.C. 78f(b)(4) and (5).
---------------------------------------------------------------------------
The Exchange believes the discontinuance of the MAC Subsidy is
reasonable, equitable and not unfairly discriminatory because it would
result in all similarly situated ATP Holders being treated in the same
manner, regardless of volume delivered to the Exchange. The Exchange
further believes the proposed rule change is reasonable because
removing the MAC Subsidy from the Fee Schedule will provide clarity and
greater transparency regarding the Exchange's fees.
For these reasons, the Exchange believes that the proposal is
consistent with the Act.
B. Self-Regulatory Organization's Statement on Burden on Competition
In accordance with Section 6(b)(8) of the Act,\7\ the Exchange does
not believe that the proposed rule change will impose any burden on
competition that is not necessary or appropriate in furtherance of the
purposes of the Act.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78f(b)(8).
---------------------------------------------------------------------------
The Exchange notes that it operates in a highly competitive market
in which market participants can readily favor competing venues. In
such an environment, the Exchange must continually review, and consider
adjusting, its fees and credits to remain competitive with other
exchanges. For the reasons described above, the Exchange believes that
the proposed rule change reflects this competitive environment.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
No written comments were solicited or received with respect to the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change is effective upon filing pursuant to
Section 19(b)(3)(A) \8\ of the Act and subparagraph (f)(2) of Rule 19b-
4 \9\ thereunder, because it establishes a due, fee, or other charge
imposed by the Exchange.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(3)(A).
\9\ 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 under
Section 19(b)(2)(B) \10\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(2)(B).
---------------------------------------------------------------------------
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-NYSEMKT-2015-59 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-NYSEMKT-2015-59. 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
[[Page 48134]]
printing in the Commission's Public Reference Section, 100 F Street
NE., Washington, DC 20549-1090 on official business days between the
hours of 10:00 a.m. and 3:00 p.m. Copies of the filing will also be
available for inspection and copying at the NYSE's principal office and
on its Internet Web site at www.nyse.com. 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-NYSEMKT-2015-59 and should be submitted
on or before September 1, 2015.
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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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-19645 Filed 8-10-15; 8:45 am]
BILLING CODE 8011-01-P
