Self-Regulatory Organizations; Notice of Filing and Immediate Effectiveness of Proposed Rule Change by NYSE Amex LLC To Modify Its Liquidity Credits and Establish Separate Liquidity Credits for Supplemental Liquidity Providers, 2180-2181 [2010-542]
Download as PDF
<![CDATA[
2180
Federal Register / Vol. 75, No. 9 / Thursday, January 14, 2010 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.9
Florence E. Harmon,
Deputy Secretary.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
BILLING CODE 8011–01–P
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
SECURITIES AND EXCHANGE
COMMISSION
1. Purpose
[Release No. 34–61310; File No. SR–
NYSEAmex–2009–102]
NYSE Amex currently pays a rebate of
$0.0030 per share to customers
providing liquidity in securities with a
trading price of at least $1.00 per share.
With effect from January 1, 2010, this
rebate will decrease to $0.0015 per
share.
In a recent filing, the Exchange
established a Supplemental Liquidity
Provider (‘‘SLP’’) program.4 The
Exchange proposes to establish a system
of credits payable to SLPs when they
provide liquidity to the Exchange. The
Exchange will pay a credit of $0.0020
per share to SLPs when they add
liquidity to the Exchange in securities
with a per share price of $1.00 or more,
if the SLP meets the 3% average or more
quoting requirement in an assigned
security pursuant to Rule 107B.
However, if the SLP does not meet the
3% average or more quoting
requirement in an assigned security
pursuant to Rule 107B, it will be
entitled to the same $0.0015 per share
credit payable to all customers when
adding liquidity to the Exchange in
securities with a per share price of $1.00
or more. The Exchange will pay a credit
of $0.0005 per share to SLPs when they
add liquidity to the Exchange in
securities with a per share price of less
than $1.00, if the SLP meets the 3%
average or more quoting requirement in
an assigned security pursuant to Rule
107B.
[FR Doc. 2010–544 Filed 1–13–10; 8:45 am]
Self-Regulatory Organizations; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change by NYSE
Amex LLC To Modify Its Liquidity
Credits and Establish Separate
Liquidity Credits for Supplemental
Liquidity Providers
January 7, 2010.
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 December
31, 2009, NYSE Amex LLC (‘‘NYSE
Amex’’ or the ‘‘Exchange’’) 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 modify its
liquidity credits and establish liquidity
credits for Supplemental Liquidity
Providers (‘‘SLPs’’). These changes will
take effect on January 1, 2010. The text
of the proposed rule change is available
at the Exchange, the Commission’s
Public Reference Room, and https://
www.nyse.com.
pwalker on DSK8KYBLC1PROD with NOTICES
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.
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the provisions of Section 6 5 of the Act
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 other persons
using its facilities. The Exchange
believes that the proposal does not
constitute an inequitable allocation of
dues, fees and other charges as all
similarly situated member organizations
will be subject to the same fee structure.
9 17
1 15
VerDate Nov<24>2008
17:36 Jan 13, 2010
SR–NYSEAmex–2009–98.
U.S.C. 78f.
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 that is 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
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) 7 of the Act and
subparagraph (f)(2) of Rule 19b–4 8
thereunder, because it establishes a due,
fee, or other charge imposed by NYSE
Amex.
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 rulecomments@sec.gov. Please include File
No. SR–NYSEAmex–2009–102 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–NYSEAmex–2009–102. 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
4 See
5 15
Jkt 220001
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
7 15
8 17
E:\FR\FM\14JAN1.SGM
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
14JAN1
Federal Register / Vol. 75, No. 9 / Thursday, January 14, 2010 / Notices
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,9 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, 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 NYSE Amex. 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 No.
SR–NYSEAmex–2009–102 and should
be submitted on or before February 4,
2010.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–542 Filed 1–13–10; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
[Public Notice: 6821]
60-Day Notice of Proposed Information
Collection: DS–4100, Iran Program
Grants Vetting, Information Collection
1405–0176
pwalker on DSK8KYBLC1PROD with NOTICES
ACTION: Notice of request for public
comments.
SUMMARY: The Department of State is
seeking Office of Management and
Budget (OMB) approval for the
information collection described below.
The purpose of this notice is to allow 60
days for public comment in the Federal
Register preceding submission to OMB.
We are conducting this process in
accordance with the Paperwork
Reduction Act of 1995.
9 The text of the proposed rule change is available
on the Commission’s Web site at https://
www.sec.gov.
10 17 CFR 200.30–3(a)(12).
VerDate Nov<24>2008
17:36 Jan 13, 2010
Jkt 220001
• Title of Information Collection: Iran
Program Grants
• OMB Control Number: 1405–0176
• Type of Request: Extension of a
Currently Approved Collection
• Originating Office: Office of Iranian
Affairs, Bureau of Near Eastern Affairs
(NEA/IR)
• Form Number: DS–4100
• Respondents: Potential grantees and
participants for Iran programs
• Estimated Number of Respondents:
100
• Estimated Number of Responses:
200
• Average Hours Per Response: 1
• Total Estimated Burden: 200
• Frequency: On occasion
• Obligation to Respond: Required to
Obtain
DATE(S): The Department will accept
comments from the public up to 60 days
from January 14, 2010.
FOR FURTHER INFORMATION CONTACT:
Direct requests for additional
information regarding the collection
listed in this notice, including requests
for copies of the proposed information
collection and supporting documents, to
Danika Walters, Bureau of Near Eastern
Affairs, U.S. Department of State,
Washington, DC 20520, who may be
reached on 202–647–1347, or via e-mail
at WaltersDL@state.gov.
SUPPLEMENTARY INFORMATION: We are
soliciting public comments to permit
the Department to:
• Evaluate whether the proposed
information collection is necessary for
the proper performance of our
functions.
• Evaluate the accuracy of our
estimate of the burden of the 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 technology.
Abstract of Proposed Collection
The State Department has made the
awarding of grants a key component of
its Iran policy. As a condition of
licensing these activities, the Office of
Foreign Assets Control (OFAC)
mandates that the Department conduct
a vetting of potential Iran programs
grantees and sub-grantees for counterterrorism purposes. To conduct this
vetting the Department envisions
collecting information from grantees
and sub-grantees regarding the identity
and background of their key employees,
board of directors, and program
participants.
PO 00000
Frm 00077
Fmt 4703
Sfmt 4703
2181
Methodology
We will collect this information either
through fax or electronic submission.
Additional Information
Provide background or other
information as applicable or useful. This
is optional.
Dated: January 5, 2010.
Sara Horner,
Office Director, Office of Iranian Affairs,
Bureau of Near Eastern Affairs, Department
of State.
[FR Doc. 2010–599 Filed 1–13–10; 8:45 am]
BILLING CODE 4710–31–P
DEPARTMENT OF STATE
[Public Notice 6865]
Bureau of Educational and Cultural
Affairs (ECA) Request for Grant
Proposals: Global Undergraduate
Exchange Program for Pakistan
Announcement Type: New
Cooperative Agreement.
Funding Opportunity Number: ECA/
A/E/SCA–10–01.
Catalog of Federal Domestic Assistance
Number: 19.009.
Key Dates: Application Deadline:
February 15, 2010.
Executive Summary: The Office of
Academic Exchange Programs of the
Bureau of Educational and Cultural
Affairs announces an open competition
to administer the FY2010 Global
Undergraduate Exchange Program for
Pakistan. Public and private non-profit
organizations meeting the provisions
described in Internal Revenue Code
section 26 USC 501(c)(3) in the United
States may submit proposals to organize
and carry out academic exchange
activities for students from
underrepresented sectors in Pakistan.
The recipient organization will be
responsible for the following aspects of
the program: Placement of no less than
100 foreign students at accredited U.S.
institutions (50 for fall semester 2010,
50 spring semester 2011) student travel
to the U.S., orientation, enrichment
programming, advising, monitoring and
support, pre-return activities,
evaluation, and follow-up with program
alumni. Support for this program is
being provided from special FY2009/
FY2010 supplemental funds that have
been appropriated to the Department. It
is anticipated that the total amount of
funding for FY2010 administrative and
program costs will be $2,000,000
pending availability of funds.
E:\FR\FM\14JAN1.SGM
14JAN1
]]>Agencies
[Federal Register Volume 75, Number 9 (Thursday, January 14, 2010)]
[Notices]
[Pages 2180-2181]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-542]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-61310; File No. SR-NYSEAmex-2009-102]
Self-Regulatory Organizations; Notice of Filing and Immediate
Effectiveness of Proposed Rule Change by NYSE Amex LLC To Modify Its
Liquidity Credits and Establish Separate Liquidity Credits for
Supplemental Liquidity Providers
January 7, 2010.
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 December 31, 2009, NYSE Amex LLC (``NYSE Amex'' or the
``Exchange'') 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 modify its liquidity credits and establish
liquidity credits for Supplemental Liquidity Providers (``SLPs'').
These changes will take effect on January 1, 2010. The text of the
proposed rule change is available at the Exchange, the Commission's
Public Reference Room, and https://www.nyse.com.
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
NYSE Amex currently pays a rebate of $0.0030 per share to customers
providing liquidity in securities with a trading price of at least
$1.00 per share. With effect from January 1, 2010, this rebate will
decrease to $0.0015 per share.
In a recent filing, the Exchange established a Supplemental
Liquidity Provider (``SLP'') program.\4\ The Exchange proposes to
establish a system of credits payable to SLPs when they provide
liquidity to the Exchange. The Exchange will pay a credit of $0.0020
per share to SLPs when they add liquidity to the Exchange in securities
with a per share price of $1.00 or more, if the SLP meets the 3%
average or more quoting requirement in an assigned security pursuant to
Rule 107B. However, if the SLP does not meet the 3% average or more
quoting requirement in an assigned security pursuant to Rule 107B, it
will be entitled to the same $0.0015 per share credit payable to all
customers when adding liquidity to the Exchange in securities with a
per share price of $1.00 or more. The Exchange will pay a credit of
$0.0005 per share to SLPs when they add liquidity to the Exchange in
securities with a per share price of less than $1.00, if the SLP meets
the 3% average or more quoting requirement in an assigned security
pursuant to Rule 107B.
---------------------------------------------------------------------------
\4\ See SR-NYSEAmex-2009-98.
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6 \5\ of the Act 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 other persons using its facilities. The Exchange
believes that the proposal does not constitute an inequitable
allocation of dues, fees and other charges as all similarly situated
member organizations will be subject to the same fee structure.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78f.
\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 that is 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
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) \7\ of the Act and subparagraph (f)(2) of Rule 19b-
4 \8\ thereunder, because it establishes a due, fee, or other charge
imposed by NYSE Amex.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(3)(A).
\8\ 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 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 No. SR-NYSEAmex-2009-102 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-NYSEAmex-2009-102. 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
[[Page 2181]]
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,\9\ 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, 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 NYSE Amex. 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 No. SR-NYSEAmex-2009-102 and should be submitted
on or before February 4, 2010.
---------------------------------------------------------------------------
\9\ The text of the proposed rule change is available on the
Commission's Web site at https://www.sec.gov.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------
\10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-542 Filed 1-13-10; 8:45 am]
BILLING CODE 8011-01-P
