Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Related to Fees for Use of BATS Exchange, Inc., 26899-26901 [E9-12983]
Download as PDF
Federal Register / Vol. 74, No. 106 / Thursday, June 4, 2009 / Notices
Goldman Sachs Global Equity Long/
Short Registered Fund, LLC [File No.
811–21375]; Goldman Sachs Global
Relative Value Registered Fund, LLC
[File No. 811–21377]; Goldman Sachs
Global Event Driven Registered Fund,
LLC [File No. 811–21378]; Goldman
Sachs Global Tactical Trading
Registered Fund, LLC [File No. 811–
21379]
Summary: Each applicant, a closedend investment company, seeks an
order declaring that it has ceased to be
an investment company. Applicants
have never made a public offering of
their securities and do not propose to
make a public offering or engage in
business of any kind.
Filing Dates: The applications were
filed on March 23, 2009, and amended
on May 21, 2009.
Applicants’ Address: One New York
Plaza, 39th Floor, New York, NY 10004.
Man IP 220, LLC [File No. 811–21451];
Man Dual Absolute Return Fund [File
No. 811–22070]
Summary: Each applicant, a closedend investment company, seeks an
order declaring that it has ceased to be
an investment company. Applicants
have never made a public offering of
their securities and do not propose to
make a public offering or engage in
business of any kind.
Filing Date: The applications were
filed on May 8, 2009.
Applicants’Address: 123 N. Wacker
Dr., 28th Fl., Chicago, IL 60606.
Pax World Growth Fund, Inc. [File No.
811–8097]; Pax World High Yield Fund,
Inc. [File No. 811–9419]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 2,
2007, each applicant transferred its
assets to corresponding series of Pax
World Funds Series Trust I, based on
net asset value. Expenses of
approximately $159,000 and $112,000,
respectively, incurred in connection
with the reorganizations were paid by
each applicant.
Filing Date: The applications were
filed on May 8, 2009.
Applicants’ Address: 30 Penhallow
St., Suite 400, Portsmouth, NH 03801.
Access Capital Strategies Community
Investment Fund, Inc. [File No. 811–
21889]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On July 28, 2008,
applicant transferred its assets to Access
Capital Community Investment Fund, a
series of Tamarack Funds Trust, based
VerDate Nov<24>2008
15:16 Jun 03, 2009
Jkt 217001
on net asset value. Expenses of $723,000
incurred in connection with the
reorganization were paid by Voyageur
Asset Management Inc., applicant’s
subadviser.
Filing Dates: The application was
filed on December 24, 2008, and
amended on May 27, 2009.
Applicant’s Address: 419 Boylston
St., Suite 501, Boston, MA 02116.
Separate Account VA–2NL of
Transamerica Occidental Life
Insurance Company [File No. 811–
07232]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Applicant
requests deregistration based on
abandonment of registration. Applicant
is not now engaged, or intending to
engage, in any business activities other
than those necessary for winding up its
affairs.
Filing Date: The application was filed
on March 11, 2009.
Applicant’s Address: 4333 Edgewood
Road NE, Cedar Rapids, IA 52499–0001.
Separate Account VA–2NLNY of
Transamerica Financial Life Insurance
Company [File No. 811–07370]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Applicant
requests deregistration based on
abandonment of registration. Applicant
is not now engaged, or intending to
engage, in any business activities other
than those necessary for winding up its
affairs.
Filing Date: The application was filed
on March 11, 2009.
Applicant’s Address: 100
Manhanttanville Road, Purchase, NY
10577.
Genworth Life & Annuity VA Separate
Account 3 [File No. 811–21970]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Applicant
requests deregistration based on
abandonment of registration. At the time
of filing, applicant had less than 100
individual contract owners and was not
making a public offering nor was it
intending on making a public offering in
the future and thus qualified for an
exclusion from the definition of
‘‘investment company’’ in Section
3(c)(1) of the 1940 Act.
Filing Dates: The application was
filed on December 30, 2008, and
amended and restated on February 20,
2009 and May 27, 2009.
Applicant’s Address: 610 West Broad
Street, Richmond, Virginia, 23230.
PO 00000
Frm 00069
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26899
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–12996 Filed 6–3–09; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of Patriot Energy Corp.;
Order of Suspension of Trading
June 2, 2009.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Patriot
Energy Corporation because of questions
regarding the accuracy of assertions by
Patriot Energy Corporation in press
releases to investors concerning, among
other things: (1) The company’s
business agreements and (2) a tender
offer for Patriot Energy Corporation’s
outstanding shares.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of Patriot Energy Corp.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities Patriot Energy Corp. is
suspended for the period from 9:30 a.m.
EDT on June 2, 2009, through 11:59 p.m.
EDT, on June 15, 2009.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E9–13144 Filed 6–2–09; 4:15 pm]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–59990; File No. SR–BATS–
2009–016]
Self-Regulatory Organizations; BATS
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Related to Fees for Use
of BATS Exchange, Inc.
May 28, 2009.
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 May 21,
2009, BATS Exchange, Inc. (‘‘BATS’’ or
the ‘‘Exchange’’) filed with the
1 15
2 17
E:\FR\FM\04JNN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
04JNN1
26900
Federal Register / Vol. 74, No. 106 / Thursday, June 4, 2009 / Notices
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II and III
below, which Items have been prepared
by the Exchange. BATS has designated
the proposed rule change as one
establishing or changing a member due,
fee, or other charge imposed by the
Exchange under Section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. 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 modify its
fee schedule applicable to use of the
Exchange. While changes to the fee
schedule pursuant to this proposal will
be effective upon filing, the changes will
become operative on May 22, 2009.
The text of the proposed rule change
is available at the Exchange’s Web site
at https://www.batstrading.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
Exchange 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
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
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to modify its
fee schedule applicable to use of the
Exchange effective May 22, 2009, in
order to extend the same fee charged by
the Exchange for its ‘‘CYCLE’’ routing
strategy ($0.0025 per share) to any
executions that result from the
Exchange’s ‘‘RECYCLE’’ routing. The
Exchange recently filed an immediately
effective rule change with the
Commission that permits the Exchange
3 15
4 17
U.S.C. 78s(b)(3)(A)(ii).
CFR 240.19b–4(f)(2).
VerDate Nov<24>2008
15:16 Jun 03, 2009
Jkt 217001
to offer Exchange Members the option to
mark an order as eligible for re-routing
if the order has been routed away from
the Exchange then posted to the BATS
Book and then another Trading Center
locks or crosses such posted order.5
Such additional routing is referred to by
the Exchange as RECYCLE routing. As
noted above, the Exchange will charge
the same fee for executions that result
from RECYCLE routing as it does for
CYCLE routing. Accordingly, the
Exchange proposes to add a reference to
RECYCLE on its fee schedule
everywhere that CYCLE is referenced.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the requirements of the Act and the
rules and regulations thereunder that
are applicable to a national securities
exchange, and, in particular, with the
requirements of Section 6 of the Act.6
Specifically, the Exchange believes that
the proposed rule change is consistent
with Section 6(b)(4) of the Act,7 in that
it provides for the equitable allocation
of reasonable dues, fees and other
charges among members and other
persons using any facility or system
which the Exchange operates or
controls. The Exchange notes that it
operates in a highly competitive market
in which market participants can
readily direct order flow to competing
venues if they deem fee levels at a
particular venue to be excessive.
Finally, the Exchange believes that the
proposed rates are equitable in that they
apply uniformly to all Members.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change imposes any
burden on competition.
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.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing proposed rule change
has been designated as a fee change
pursuant to Section 19(b)(3)(A)(ii) of the
Act 8 and Rule 19b–4(f)(2) thereunder,9
because it establishes or changes a due,
fee or other charge imposed on members
5 SR–BATS–2009–012
(filed May 20, 2009).
U.S.C. 78f.
7 15 U.S.C. 78f(b)(4).
8 15 U.S.C. 89s(b)(3)(A)(ii).
9 17 CFR 240.19b–4(f)(2).
6 15
PO 00000
Frm 00070
Fmt 4703
Sfmt 4703
by the Exchange. Accordingly, the
proposal is effective upon filing with
the Commission.
At any time within 60 days of the
filing of the proposed rule change, the
Commission may summarily abrogate
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.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the proposal 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 e-mail to rulecomments@sec.gov. Please include File
No. SR–BATS–2009–016 on the subject
line.
Paper Comments
• Send paper comments in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File No.
SR–BATS–2009–016. This file number
should be included on the subject line
if e-mail 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 changes 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 inspection and copying in
the Commission’s Public Reference
Room, 100 F Street, NE., Washington,
DC 20549, on official business days
between the hours of 10 a.m. and 3 p.m.
Copies of such filing also will be
available for inspection and copying at
the principal office of BATS. All
comments received will be posted
without change; the Commission does
not edit personal identifying
E:\FR\FM\04JNN1.SGM
04JNN1
Federal Register / Vol. 74, No. 106 / Thursday, June 4, 2009 / Notices
information from submissions. You
should submit only information that
you wish to make available publicly. All
submissions should refer to File No.
SR–BATS–2009–016 and should be
submitted on or before June 25, 2009.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9–12983 Filed 6–3–09; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–60002; File No. SR–
NYSEArca-2009–32]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Order Approving the
Proposed Rule Change Implementing
NYSE Arca Realtime Reference Prices
Service on a Permanent Basis
May 29, 2009.
I. Introduction
On April 15, 2009, NYSE Arca, Inc.
(‘‘NYSE Arca’’ or the ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to establish the NYSE Arca
Realtime Reference Prices service on a
permanent basis and to establish a flat
monthly fee for that service. The
proposed rule change was published for
comment in the Federal Register on
April 24, 2009.3 The Commission
received no comment letters on the
proposal. This order approves the
proposed rule change.
II. Description of the Proposal
The Exchange proposes to establish
the NYSE Arca Realtime Reference
Prices service on a permanent basis and
to establish a flat monthly fee for that
service. The Exchange currently
provides this service pursuant to a pilot
program.4 The service allows a vendor
10 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 59790
(April 20, 2009), 74 FR 18758.
4 See Securities Exchange Act Release No. 58444
(August 29, 2008), 73 FR 51872 (September 5, 2008)
(SR–NYSEArca-2008–96). The Commission has
approved three extensions of the end date for the
pilot program, which expires on June 30, 2009. See
Securities Exchange Act Release Nos. 58895
(October 31, 2008), 73 FR 66956 (November 12,
2008) (SR–NYSEArca-2008–122); 59184 (December
30, 2008), 74 FR 755 (January 7, 2009) (SR–
NYSEArca-2008–143); and 59662 (March 31, 2009),
1 15
VerDate Nov<24>2008
15:16 Jun 03, 2009
Jkt 217001
to redistribute, on a real-time basis last
sale prices of transactions that take
place on the Exchange (‘‘NYSE Arca
Realtime Reference Prices’’). The
Exchange has found that the pilot
program provides a low-cost service that
makes real-time prices widely available
to casual investors, provides vendors
with a useful real-time substitute for
delayed prices, and relieves vendors of
administrative burdens. The product is
intended to be used for reference
purposes, rather than as a basis for
making trading decisions.
The Service
The NYSE Arca Realtime Reference
Prices service allows internet service
providers, traditional market data
vendors, and others (collectively,
‘‘NYSE Arca-Only Vendors’’) to make
available NYSE Arca Realtime Reference
Prices on a real-time basis.5 The NYSE
Arca Realtime Reference Price
information includes last sale prices for
all securities that trade on the Exchange.
The product includes only prices, and
does not include the size of each trade
or bid/asked quotations.
As with the pilot program, under the
permanent service the Exchange will
not permit NYSE Arca-Only Vendors to
provide NYSE Arca Realtime Reference
Prices in a context in which a trading or
order-routing decision can be
implemented unless the NYSE ArcaOnly Vendor also provides consolidated
displays of Network A last sale prices
available in an equivalent manner, as
required by Rule 603(c)(1) of Regulation
NMS.
Also, as with the pilot program, the
permanent service is intended to
eliminate certain administrative
burdens associated with the distribution
of real-time CTA prices. Specifically,
the permanent service would feature the
same flat, fixed monthly vendor fee, no
user-based fees, no vendor reporting
requirements, and no professional or
non-professional subscriber agreements.
The Fee
The Exchange proposes to retain the
current $30,000 monthly flat access fee
for the NYSE Arca Realtime Reference
Prices service. For that fee, the NYSE
Arca-Only Vendor may provide
unlimited NYSE Arca Realtime
Reference Prices to an unlimited
number of the NYSE Arca-Only
Vendor’s subscribers and customers.
The pilot program does not impose any
74 FR 15571 (April 6, 2009) (SR–NYSEArca-2009–
25).
5 The Exchange notes that it will make the NYSE
Arca Realtime Reference Prices available to vendors
no earlier than it makes those prices available to the
processor under the CTA Plan.
PO 00000
Frm 00071
Fmt 4703
Sfmt 4703
26901
device or end-user fee for the NYSE
Arca-Only Vendors’ distribution of
NYSE Arca Realtime Reference Prices
and the Exchange is not proposing to
add any new fees for the permanent
service.
As with the pilot program, the
Exchange proposes to require the NYSE
Arca-Only Vendor to identify the NYSE
Arca trade price by placing the text
‘‘NYSE Arca Data’’ in close proximity to
the display of each NYSE Arca Realtime
Reference Price or series of NYSE Arca
Realtime Reference Prices, or by
complying with such other
identification requirement as to which
NYSE Arca may agree. The NYSE ArcaOnly Vendor may make NYSE Arca
Realtime Reference Prices available
without having to differentiate between
professional subscribers and
nonprofessional subscribers, without
having to account for the extent of
access to the data, and without having
to report the number of users.
Contracts
As with the pilot program, NYSE Arca
proposes to allow NYSE Arca-Only
Vendors to provide NYSE Arca Realtime
Reference Prices without requiring the
end-users to enter into contracts for the
benefit of the Exchange. Instead, the
Exchange proposes to require NYSE
Arca-Only Vendors to provide a readily
visible hyperlink that will send the enduser to a warning notice about the enduser’s receipt and use of market data.
The notice would be similar to the
notice that vendors provide today when
providing CTA delayed data services.
The Exchange will require NYSE
Arca-Only Vendors to enter into the
form of ‘‘vendor’’ agreement into which
the CTA and CQ Plans require
recipients of the Network A datafeeds to
enter (the ‘‘Network A Vendor Form’’).
The Network A Vendor Form will
authorize the NYSE-Arca Only Vendor
to provide the NYSE Arca Realtime
Reference Prices service to its
subscribers and customers. The
Exchange will supplement the Network
A Vendor Form with an Exhibit C that
will provide terms and conditions that
are unique to the NYSE Arca Realtime
Reference Prices service.
III. Discussion and Commission
Findings
The Commission finds that the
proposed rule change is consistent with
the requirements of the Act and the
rules and regulations thereunder
applicable to a national securities
E:\FR\FM\04JNN1.SGM
04JNN1
Agencies
[Federal Register Volume 74, Number 106 (Thursday, June 4, 2009)]
[Notices]
[Pages 26899-26901]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-12983]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-59990; File No. SR-BATS-2009-016]
Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change Related to
Fees for Use of BATS Exchange, Inc.
May 28, 2009.
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 May 21, 2009, BATS Exchange, Inc. (``BATS'' or the
``Exchange'') filed with the
[[Page 26900]]
Securities and Exchange Commission (``Commission'') the proposed rule
change as described in Items I, II and III below, which Items have been
prepared by the Exchange. BATS has designated the proposed rule change
as one establishing or changing a member due, fee, or other charge
imposed by the Exchange under Section 19(b)(3)(A)(ii) of the Act \3\
and Rule 19b-4(f)(2) thereunder,\4\ which renders the proposed rule
change effective upon filing with the Commission. 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.
\3\ 15 U.S.C. 78s(b)(3)(A)(ii).
\4\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to modify its fee schedule applicable to use
of the Exchange. While changes to the fee schedule pursuant to this
proposal will be effective upon filing, the changes will become
operative on May 22, 2009.
The text of the proposed rule change is available at the Exchange's
Web site at https://www.batstrading.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 Exchange 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 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
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to modify its fee schedule applicable to use
of the Exchange effective May 22, 2009, in order to extend the same fee
charged by the Exchange for its ``CYCLE'' routing strategy ($0.0025 per
share) to any executions that result from the Exchange's ``RECYCLE''
routing. The Exchange recently filed an immediately effective rule
change with the Commission that permits the Exchange to offer Exchange
Members the option to mark an order as eligible for re-routing if the
order has been routed away from the Exchange then posted to the BATS
Book and then another Trading Center locks or crosses such posted
order.\5\ Such additional routing is referred to by the Exchange as
RECYCLE routing. As noted above, the Exchange will charge the same fee
for executions that result from RECYCLE routing as it does for CYCLE
routing. Accordingly, the Exchange proposes to add a reference to
RECYCLE on its fee schedule everywhere that CYCLE is referenced.
---------------------------------------------------------------------------
\5\ SR-BATS-2009-012 (filed May 20, 2009).
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the requirements of the Act and the rules and regulations
thereunder that are applicable to a national securities exchange, and,
in particular, with the requirements of Section 6 of the Act.\6\
Specifically, the Exchange believes that the proposed rule change is
consistent with Section 6(b)(4) of the Act,\7\ in that it provides for
the equitable allocation of reasonable dues, fees and other charges
among members and other persons using any facility or system which the
Exchange operates or controls. The Exchange notes that it operates in a
highly competitive market in which market participants can readily
direct order flow to competing venues if they deem fee levels at a
particular venue to be excessive. Finally, the Exchange believes that
the proposed rates are equitable in that they apply uniformly to all
Members.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f.
\7\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change imposes
any burden on competition.
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.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing proposed rule change has been designated as a fee
change pursuant to Section 19(b)(3)(A)(ii) of the Act \8\ and Rule 19b-
4(f)(2) thereunder,\9\ because it establishes or changes a due, fee or
other charge imposed on members by the Exchange. Accordingly, the
proposal is effective upon filing with the Commission.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 89s(b)(3)(A)(ii).
\9\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
At any time within 60 days of the filing of the proposed rule
change, the Commission may summarily abrogate 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.
IV. Solicitation of Comments
Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the proposal 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 e-mail to rule-comments@sec.gov. Please include
File No. SR-BATS-2009-016 on the subject line.
Paper Comments
Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.
All submissions should refer to File No. SR-BATS-2009-016. This file
number should be included on the subject line if e-mail 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 changes 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 inspection and
copying in the Commission's Public Reference Room, 100 F Street, NE.,
Washington, DC 20549, on official business days between the hours of 10
a.m. and 3 p.m. Copies of such filing also will be available for
inspection and copying at the principal office of BATS. All comments
received will be posted without change; the Commission does not edit
personal identifying
[[Page 26901]]
information from submissions. You should submit only information that
you wish to make available publicly. All submissions should refer to
File No. SR-BATS-2009-016 and should be submitted on or before June 25,
2009.
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\10\ 17 CFR 200.30-3(a)(12).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-12983 Filed 6-3-09; 8:45 am]
BILLING CODE 8010-01-P