Self-Regulatory Organizations; NASDAQ OMX BX, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Extend the Current Pilot Program for Linkage Fees on the Boston Options Exchange Facility, 32027-32029 [E9-15738]
Download as PDF
Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices
32027
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Elizabeth M. Murphy,
Secretary.
[FR Doc. E9–15739 Filed 7–2–09; 8:45 am]
an exchange have an equitable
allocation of reasonable dues, fees and
other charges among its members and
other persons using its facilities. As
discussed above, the ISE believes that
this proposed rule change will equitably
allocate fees by having all non-customer
users of ISE transaction services pay the
same fees. If the ISE were not to charge
Linkage fees, the Exchange’s fee would
not be equitable, in that ISE Members
would be subsidizing the trading of
their competitors, all of whom access
the same trading services.
necessary or appropriate in the public
interest, for the protection of investors,
or otherwise in furtherance of the
purposes of the Act.
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:
BILLING CODE 8010–01–P
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The proposed rule change does not
impose any burden on competition that
is not necessary or appropriate in
furtherance of the purposes of the Act.
Moreover, failing to adopt the proposed
rule change would impose a burden on
competition by requiring ISE Members
to subsidize the trading of their
competitors.
Electronic Comments
Self-Regulatory Organizations;
NASDAQ OMX BX, Inc.; Notice of Filing
and Immediate Effectiveness of
Proposed Rule Change To Extend the
Current Pilot Program for Linkage Fees
on the Boston Options Exchange
Facility
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
Because the foregoing proposed rule
change: (i) Does not significantly affect
the protection of investors or the public
interest; (ii) does not impose any
significant burden on competition; and
(iii) by its terms, does not become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, if
consistent with the protection of
investors and the public interest, it has
become effective pursuant to Section
19(b)(3)(A) of the Act 6 and Rule 19b–
4(f)(6) thereunder.7
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
6 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires the self-regulatory organization
to submit to the Commission written notice of its
intent to file the proposed rule change, along with
a brief description and text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission. The
Exchange has satisfied this requirement.
mstockstill on PROD1PC66 with NOTICES
7 17
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17:06 Jul 02, 2009
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IV. Solicitation of 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
Number SR–ISE–2009–36 on the subject
line.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–60174; File No. SR–BX–
2009–030]
June 25, 2009.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 1 and Rule 19b–4 thereunder,2
• Send paper comments in triplicate
notice is hereby given that, on June 23,
to Elizabeth M. Murphy, Secretary,
2009, NASDAQ OMX BX, Inc. (the
Securities and Exchange Commission,
‘‘Exchange’’) filed with the Securities
100 F Street, NE., Washington, DC
and Exchange Commission (the
20549–1090.
‘‘Commission’’) the proposed rule
change as described in Items I and II
All submissions should refer to File
below, which Items have been prepared
Number SR–ISE–2009–36. This file
by the self-regulatory organization. The
number should be included on the
subject line if e-mail is used. To help the Commission is publishing this notice to
solicit comments on the proposed rule
Commission process and review your
change from interested persons.
comments more efficiently, please use
only one method. The Commission will I. Self-Regulatory Organization’s
post all comments on the Commission’s Statement of the Terms of Substance of
Internet Web site (https://www.sec.gov/
the Proposed Rule Change
rules/sro.shtml). Copies of the
The Exchange proposes to amend the
submission, all subsequent
Fee Schedule of the Boston Options
amendments, all written statements
Exchange Group, LLC (‘‘BOX’’), the
with respect to the proposed rule
options trading facility of the Exchange,
change that are filed with the
to extend until July 31, 2010, the current
Commission, and all written
pilot program applicable to the options
communications relating to the
intermarket linkage (‘‘Linkage’’) fees.
proposed rule change between the
Commission and any person, other than The text of the proposed rule change is
available from the principal office of the
those that may be withheld from the
Exchange, at the Commission’s Public
public in accordance with the
Reference Room and also on the
provisions of 5 U.S.C. 552, will be
Exchange’s Internet Web site at https://
available for inspection and copying in
nasdaqomxbx.cchwallstreet.com/
the Commission’s Public Reference
Room on official business days between NASDAQOMXBX/Filings/.
the hours of 10 a.m. and 3 p.m. Copies
II. Self-Regulatory Organization’s
of such filing also will be available for
Statement of the Purpose of, and
inspection and copying at the principal
Statutory Basis for, the Proposed Rule
office of the Exchange. All comments
Change
received will be posted without change;
In its filing with the Commission, the
the Commission does not edit personal
Exchange included statements
identifying information from
concerning the purpose of, and basis for,
submissions. You should submit only
the proposed rule change and discussed
information that you wish to make
any comments it received on the
available publicly. All submissions
should refer to File Number SR–ISE–
8 17 CFR 200.30–3(a)(12).
2009–36 and should be submitted on or
1 15 U.S.C. 78s(b)(1).
before July 27, 2009.
2 17 CFR 240.19b–4.
Paper Comments
PO 00000
Frm 00119
Fmt 4703
Sfmt 4703
E:\FR\FM\06JYN1.SGM
06JYN1
32028
Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices
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.
The Exchange also proposes to make
a non-substantive change by correcting
a cross-reference to an earlier section
within the Fee Schedule regarding the
pass through of surcharge fees.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
The Exchange believes that the
proposal is consistent with the
requirements of Section 6(b) of the Act,5
in general, and Section 6(b)(4) of the
Act,6 in particular, in that it is designed
to provide for the equitable allocation of
reasonable dues, fees, and other charges
among its members and issuers and
other persons using its facilities.
mstockstill on PROD1PC66 with NOTICES
1. Purpose
The Exchange’s fees for Principal
(‘‘P’’) and Principal Acting as Agent
(‘‘P/A’’) Orders 3 executed on BOX
currently operate under a pilot program
scheduled to expire on July 31, 2009.4
The Exchange proposes to extend the
current pilot program for such Linkage
fees through July 31, 2010. Because all
Linkage orders received by BOX are for
the account of a market maker on
another exchange, Linkage fees that are
applicable to P and P/A orders are the
same as fees applicable to market
makers on other exchanges that submit
orders to BOX outside of Linkage. The
side of a BOX trade opposite an inbound
P or P/A order would be billed normally
as any other BOX trade. Consistent with
the Linkage Plan, no fees will be
charged to a party sending a Satisfaction
Order to BOX. Rather, a fee will be
charged to the BOX Participant that was
responsible for the trade-through that
caused the Satisfaction Order to be sent.
The Exchange believes that extending
the Linkage fee pilot program until July
31, 2010, will give the Exchange and the
Commission additional time and
opportunity to evaluate the
appropriateness of Linkage fees.
3 Under Section 1(j) of Chapter XII of the BOX
Rules, a ‘‘Linkage Order’’ means an Immediate or
Cancel order routed through Linkage. There are
three types of Linkage Orders:
(i) ‘‘P/A Order,’’ which is an order for the
principal account of a Market Maker (or equivalent
entity on another Participant Exchange that is
authorized to represent Public Customer orders),
reflecting the terms of a related unexecuted Public
Customer order for which the Market Maker is
acting as agent;
(ii) ‘‘P Order,’’ which is an order for the principal
account of a market maker (or equivalent entity on
another Participant exchange) and is not a P/A
Order; and
(iii) ‘‘Satisfaction Order,’’ which is an order sent
through the Linkage to notify a Participant
Exchange of a Trade-Through and to seek
satisfaction of the liability arising from that Trade
Through.
4 See Securities Exchange Act Release No. 58082
(July 2, 2008), 73 FR 39746 (July 10, 2008) (SR–
BSE–2008–35). See also Securities Exchange Act
Release No. 56167 (July 30, 2007), 72 FR 43302
(August 3, 2007) (SR–BSE–2007–33). See also
Securities Exchange Act Release No. 54225 (July 27,
2006), 71 FR 44056 (August 3, 2006) (SR–BSE
2006–26). See also Securities Exchange Act Release
No. 52147 (July 28, 2005) 70 FR 44706 (August 3,
2005) (SR–BSE–2005–28).
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17:06 Jul 02, 2009
Jkt 217001
2. Statutory Basis
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition not
necessary or appropriate in furtherance
of the purposes of the Act.
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 comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change: (i) Does not significantly affect
the protection of investors or the public
interest; (ii) does not impose any
significant burden on competition; and
(iii) by its terms, does not become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, if
consistent with the protection of
investors and the public interest, it has
become effective pursuant to Section
19(b)(3)(A) of the Act 7 and Rule 19b–
4(f)(6) thereunder.8
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,
U.S.C. 78f(b).
U.S.C. 78f(b)(4).
7 15 U.S.C. 78s(b)(3)(A).
8 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires the self-regulatory organization
to submit to the Commission written notice of its
intent to file the proposed rule change, along with
a brief description and text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission. The
Exchange has satisfied this requirement.
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5 15
6 15
Frm 00120
Fmt 4703
Sfmt 4703
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 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 e-mail to rulecomments@sec.gov. Please include File
Number SR–BX–2009–030 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
Number SR–BX–2009–030. 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 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 inspection and copying in
the Commission’s Public Reference
Room 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 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–BX–
2009–030 and should be submitted on
or before July 27, 2009.
E:\FR\FM\06JYN1.SGM
06JYN1
Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.9
Elizabeth M. Murphy,
Secretary.
[FR Doc. E9–15738 Filed 7–2–09; 8:45 am]
BILLING CODE 8010–01–P
DEPARTMENT OF TRANSPORTATION
Federal Railroad Administration
[Docket No. FRA 2009–0001–N–16]
Proposed Agency Information
Collection Activities; Comment
Request
AGENCY: Federal Railroad
Administration, DOT.
ACTION: Notice.
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995 and
its implementing regulations, the
Federal Railroad Administration (FRA)
hereby announces that it is seeking
approval of the following information
collection activities. Before submitting
these information collection
requirements for clearance by the Office
of Management and Budget (OMB), FRA
is soliciting public comment on specific
aspects of the activities identified
below.
DATES: Comments must be received no
later than September 4, 2009.
ADDRESSES: Submit written comments
on any or all of the following proposed
activities by mail to either: Mr. Robert
Brogan, Office of Safety, Planning and
Evaluation Division, RRS–21, Federal
Railroad Administration, 1200 New
Jersey Ave., SE., Mail Stop 17,
Washington, DC 20590, or Ms. Nakia
Jackson, Office of Information
Technology, RAD–20, Federal Railroad
Administration, 1200 New Jersey Ave.,
SE., Mail Stop 35, Washington, DC
20590. Commenters requesting FRA to
acknowledge receipt of their respective
comments must include a self-addressed
stamped postcard stating, ‘‘Comments
on OMB control number 2130–New.’’
Alternatively, comments may be
transmitted via facsimile to (202) 493–
6216 or (202) 493–6497, or via e-mail to
Mr. Brogan at robert.brogan@dot.gov, or
to Ms. Jackson at
nakia.jackson@dot.gov. Please refer to
mstockstill on PROD1PC66 with NOTICES
9 17
CFR 200.30–3(a)(12).
VerDate Nov<24>2008
17:06 Jul 02, 2009
Jkt 217001
the assigned OMB control number and
the title of the information collection in
any correspondence submitted. FRA
will summarize comments received in
response to this notice in a subsequent
notice and include them in its
information collection submission to
OMB for approval.
FOR FURTHER INFORMATION CONTACT: Mr.
Robert Brogan, Office of Planning and
Evaluation Division, RRS–21, Federal
Railroad Administration, 1200 New
Jersey Ave., SE., Mail Stop 17,
Washington, DC 20590 (telephone: (202)
493–6292) or Ms. Nakia Jackson, Office
of Information Technology, RAD–20,
Federal Railroad Administration, 1200
New Jersey Ave., SE., Mail Stop 35,
Washington, DC 20590 (telephone: (202)
493–6073). (These telephone numbers
are not toll-free.)
SUPPLEMENTARY INFORMATION: The
Paperwork Reduction Act of 1995
(PRA), Public Law No. 104–13, § 2, 109
Stat. 163 (1995) (codified as revised at
44 U.S.C. 3501–3520), and its
implementing regulations, 5 CFR Part
1320, require Federal agencies to
provide 60-days notice to the public for
comment on information collection
activities before seeking approval of
such activities by OMB. 44 U.S.C.
3506(c)(2)(A); 5 CFR 1320.8(d)(1),
1320.10(e)(1), 1320.12(a). Specifically,
FRA invites interested respondents to
comment on the following summary of
proposed information collection
activities regarding (i) whether the
information collection activities are
necessary for FRA to properly execute
its functions, including whether the
activities will have practical utility; (ii)
the accuracy of FRA’s estimates of the
burden of the information collection
activities, including the validity of the
methodology and assumptions used to
determine the estimates; (iii) ways for
FRA to enhance the quality, utility, and
clarity of the information being
collected; and (iv) ways for FRA to
minimize the burden of information
collection activities on the public by
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology (e.g., permitting electronic
submission of responses). See 44 U.S.C.
3506(c)(2)(A)(I)–(iv); 5 CFR
1320.8(d)(1)(I)–(iv). FRA believes that
soliciting public comment will promote
its efforts to reduce the administrative
and paperwork burdens associated with
PO 00000
Frm 00121
Fmt 4703
Sfmt 4703
32029
the collection of information mandated
by Federal regulations. In summary,
FRA reasons that comments received
will advance three objectives: (i) Reduce
reporting burdens; (ii) ensure that it
organizes information collection
requirements in a ‘‘user friendly’’ format
to improve the use of such information;
and (iii) accurately assess the resources
expended to retrieve and produce
information requested. See 44 U.S.C.
3501.
Below is a brief summary of the
proposed information collection
activities that FRA will submit for
clearance by OMB as required under the
PRA:
Title: Track Transportation Time
Study.
OMB Control Number: 2130–New.
Abstract: The Rail Safety
Improvement Act of 2008 (Pub. L. 110–
432) calls for a track inspection time
study to be performed by FRA. The
information required to develop the
report will be at least partially obtained
through a series of information
gathering surveys which are focused on
various aspects of track inspection. Each
survey will be customized for a
particular segment of the workforce and
will include track inspectors, track
supervisors or roadmasters, middle
management (division engineers), and
senior management (chief engineers).
The purpose of the proposed study is
to address four issues raised in the Rail
Safety Improvement Act: (1) Determine
whether the required intervals of track
inspections for each class of track
should be amended; (2) Determine
whether track remedial action
requirements should be amended; (3)
Determine whether different track
inspection and repair priorities or
methods should be required; and (4)
Determine whether the speed at which
railroad track inspection vehicles
operate and the scope of the territory
they generally cover allow for proper
inspection of the track and whether
such speed and appropriate scope
should be regulated by the Secretary.
Form Number(s): FRA F 6180.136;
FRA F 6180.137.
Affected Public: Railroad Employees.
Respondent Universe: 500
Individuals.
Frequency of Submission: On
occasion.
E:\FR\FM\06JYN1.SGM
06JYN1
Agencies
[Federal Register Volume 74, Number 127 (Monday, July 6, 2009)]
[Notices]
[Pages 32027-32029]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-15738]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-60174; File No. SR-BX-2009-030]
Self-Regulatory Organizations; NASDAQ OMX BX, Inc.; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change To Extend
the Current Pilot Program for Linkage Fees on the Boston Options
Exchange Facility
June 25, 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 June 23, 2009, NASDAQ OMX BX, Inc. (the ``Exchange'') filed
with the Securities and Exchange Commission (the ``Commission'') the
proposed rule change as described in Items I and II 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 Substance
of the Proposed Rule Change
The Exchange proposes to amend the Fee Schedule of the Boston
Options Exchange Group, LLC (``BOX''), the options trading facility of
the Exchange, to extend until July 31, 2010, the current pilot program
applicable to the options intermarket linkage (``Linkage'') fees. The
text of the proposed rule change is available from the principal office
of the Exchange, at the Commission's Public Reference Room and also on
the Exchange's Internet Web site at https://nasdaqomxbx.cchwallstreet.com/NASDAQOMXBX/Filings/.
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
[[Page 32028]]
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
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange's fees for Principal (``P'') and Principal Acting as
Agent (``P/A'') Orders \3\ executed on BOX currently operate under a
pilot program scheduled to expire on July 31, 2009.\4\ The Exchange
proposes to extend the current pilot program for such Linkage fees
through July 31, 2010. Because all Linkage orders received by BOX are
for the account of a market maker on another exchange, Linkage fees
that are applicable to P and P/A orders are the same as fees applicable
to market makers on other exchanges that submit orders to BOX outside
of Linkage. The side of a BOX trade opposite an inbound P or P/A order
would be billed normally as any other BOX trade. Consistent with the
Linkage Plan, no fees will be charged to a party sending a Satisfaction
Order to BOX. Rather, a fee will be charged to the BOX Participant that
was responsible for the trade-through that caused the Satisfaction
Order to be sent.
---------------------------------------------------------------------------
\3\ Under Section 1(j) of Chapter XII of the BOX Rules, a
``Linkage Order'' means an Immediate or Cancel order routed through
Linkage. There are three types of Linkage Orders:
(i) ``P/A Order,'' which is an order for the principal account
of a Market Maker (or equivalent entity on another Participant
Exchange that is authorized to represent Public Customer orders),
reflecting the terms of a related unexecuted Public Customer order
for which the Market Maker is acting as agent;
(ii) ``P Order,'' which is an order for the principal account of
a market maker (or equivalent entity on another Participant
exchange) and is not a P/A Order; and
(iii) ``Satisfaction Order,'' which is an order sent through the
Linkage to notify a Participant Exchange of a Trade-Through and to
seek satisfaction of the liability arising from that Trade Through.
\4\ See Securities Exchange Act Release No. 58082 (July 2,
2008), 73 FR 39746 (July 10, 2008) (SR-BSE-2008-35). See also
Securities Exchange Act Release No. 56167 (July 30, 2007), 72 FR
43302 (August 3, 2007) (SR-BSE-2007-33). See also Securities
Exchange Act Release No. 54225 (July 27, 2006), 71 FR 44056 (August
3, 2006) (SR-BSE 2006-26). See also Securities Exchange Act Release
No. 52147 (July 28, 2005) 70 FR 44706 (August 3, 2005) (SR-BSE-2005-
28).
---------------------------------------------------------------------------
The Exchange believes that extending the Linkage fee pilot program
until July 31, 2010, will give the Exchange and the Commission
additional time and opportunity to evaluate the appropriateness of
Linkage fees.
The Exchange also proposes to make a non-substantive change by
correcting a cross-reference to an earlier section within the Fee
Schedule regarding the pass through of surcharge fees.
2. Statutory Basis
The Exchange believes that the proposal is consistent with the
requirements of Section 6(b) of the Act,\5\ in general, and Section
6(b)(4) of the Act,\6\ in particular, in that it is designed to provide
for the equitable allocation of reasonable dues, fees, and other
charges among its members and issuers and other persons using its
facilities.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78f(b).
\6\ 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 will
impose any burden on competition not necessary or appropriate in
furtherance of the purposes of the Act.
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 comments on the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule change: (i) Does not
significantly affect the protection of investors or the public
interest; (ii) does not impose any significant burden on competition;
and (iii) by its terms, does not become operative for 30 days from the
date on which it was filed, or such shorter time as the Commission may
designate, if consistent with the protection of investors and the
public interest, it has become effective pursuant to Section
19(b)(3)(A) of the Act \7\ and Rule 19b-4(f)(6) thereunder.\8\
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(3)(A).
\8\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires the self-regulatory organization to submit to the
Commission written notice of its intent to file the proposed rule
change, along with a brief description and text of the proposed rule
change, at least five business days prior to the date of filing of
the proposed rule change, or such shorter time as designated by the
Commission. The Exchange has satisfied this requirement.
---------------------------------------------------------------------------
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 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 e-mail to rule-comments@sec.gov. Please include
File Number SR-BX-2009-030 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 Number SR-BX-2009-030. 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 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 inspection and
copying in the Commission's Public Reference Room 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
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-BX-
2009-030 and should be submitted on or before July 27, 2009.
[[Page 32029]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\9\
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\9\ 17 CFR 200.30-3(a)(12).
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Elizabeth M. Murphy,
Secretary.
[FR Doc. E9-15738 Filed 7-2-09; 8:45 am]
BILLING CODE 8010-01-P