Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Amending Its Fee Schedule, 21690-21692 [2010-9550]
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21690
Federal Register / Vol. 75, No. 79 / Monday, April 26, 2010 / Notices
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to establish strike-price intervals
for options on Index-Linked Securities
and to establish trading hours for these
products. The proposed rule change was
published for comment in the Federal
Register on March 22, 2010.3 The
Commission received no comment
letters on the proposed rule change.
This order approves the proposed rule
change on an accelerated basis.
intervals are available for ETN options
(where the strike price is less than
$200).
Phlx further stated that it has
analyzed its capacity and represents that
it believes the Exchange and the
Options Price Reporting Authority have
the necessary systems capacity to
handle the additional traffic associated
with the listing and trading of $1 strikes
(where the strike price is less than $200)
for ETN options.
II. Description of the Proposed Rule
Change
Prior to the commencement of trading
options on Index-Linked Securities (also
known as exchange-traded notes
(‘‘ETN’’)), Phlx has proposed to establish
strike price intervals and trading hours
for these new products. The
Commission has approved the Phlx’s
and other options exchanges proposals
to enable the listing and trading of
options on Index-Linked Securities.4
Trading Hours for ILS (ETN) Options
$1 Strikes for ILS (ETN) Options
Phlx’s proposal would extend the
trading conventions applicable to
options on exchange-traded funds
(‘‘ETFs’’) to options on Index-Linked
Securities. Specifically, under the
proposed rule change, strike price
intervals of $1 will be permitted where
the strike price is less than $200. Where
the strike price is greater than $200, $5
strikes will be permitted. These
proposed changes are reflected by the
addition of Commentary .05(a)(v) to
Rule 1012.
In support of its proposal, Phlx stated
that it believes the marketplace and
investors will be expecting ETN options
to trade in a similar manner to options
on ETFs. Strike prices for ETF options
are permitted in $1 or greater intervals
where the strike price is $200 or less
and $5 or greater where the strike price
is greater than $200.5 Accordingly, the
Exchange asserts that the rationale for
permitting $1 strikes for ETF options
equally applies to permitting $1 strikes
for ETN options and that investors will
be better served if $1 strike price
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
exchange.6 Specifically, the
Commission finds that the proposal is
consistent with Section 6(b)(5) of the
Act,7 which requires, among other
things, that the rules of a national
securities exchange be designed to
promote just and equitable principles of
trade, to remove impediments to and
perfect the mechanism of a free and
open market and a national market
system, and, in general, to protect
investors and the public interest.
The Commission notes that the
proposed strike price intervals for
options on Index-Linked Securities are
consistent with the strike price intervals
currently permitted for options on ETFs.
Accordingly, the proposal should
provide consistency and predictability
for investors who may view these
products as serving similar investment
functions in the marketplace to ETFs
and may provide investors with greater
flexibility in achieving their investment
objectives.
In addition, the Commission notes
that Phlx has represented that it believes
the Exchange and the Options Price
Reporting Authority have the necessary
systems capacity to handle the
additional traffic associated with the
listing and trading of $1 strikes for
options on Index-Linked Securities.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 61695
(March 12, 2010), 75 FR 13614.
4 See e.g., Securities Exchange Act Release Nos.
58571 (September 17, 2008), 73 FR 55188
(September 24, 2008) (SR–Phlx–2008–60); 59923
(May 14, 2009), 74 FR 23902 (May 21, 2009) (SR–
NASDAQ–2009–046); 58204 (July 22, 2008), 73 FR
43807 (July 28, 2008) (approving SR–CBOE–2008–
64); 58203 (July 22, 2008), 73 FR 43812 (July 28,
2008) (approving SR–NYSEArca–2008–57); 58985
(November 10, 2008), 73 FR 72538 (November 28,
2008) (approving SR–ISE–2008–86).
5 See Securities Exchange Act Release No. 60872
(October 23, 2009), 74 FR 55878 (October 29, 2009)
(SR–OCC–2009–14) (approval order).
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2 17
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16:56 Apr 23, 2010
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Similar to the trading hours for ETF
options, the Exchange proposes to
amend Supplementary Material .01 to
Rule 101 to provide that options on
exchange-traded notes including IndexLinked Securities may be traded on the
Exchange until 4:15 p.m. each business
day.
III. Discussion and Commission’s
Findings
6 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
7 15 U.S.C. 78f(b)(5).
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Sfmt 4703
The Commission finds good cause,
pursuant to Section 19(b)(2) of the Act,8
for approving the proposal prior to the
thirtieth day after the date of
publication of the Notice in the Federal
Register. The Commission notes that it
recently approved the same changes to
strike price intervals and trading hours
for options on Index-Linked Securities
for another exchange.9 The Commission
also notes that it has not received any
comments regarding this proposal. The
Commission believes that the proposed
changes to strike price intervals and
trading hours for options on IndexLinked Securities do not raise any novel
regulatory issues and accelerating
approval of this proposal should benefit
investors by creating consistency and
predictability for investors who may
view these products as serving similar
investment functions in the marketplace
to ETFs and greater flexibility in
achieving their investment objectives.
V. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,10 that the
proposed rule change (SR–Phlx–2010–
40) be, and it hereby is, approved on an
accelerated basis.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–9551 Filed 4–23–10; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–61942; File No. SR–
NYSEArca–2010–26]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change Amending Its Fee
Schedule
April 20, 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 April 9,
2010, NYSE Arca, Inc. (‘‘NYSE Arca’’ or
the ‘‘Exchange’’) filed with the Securities
and Exchange Commission (the
‘‘Commission’’) the proposed rule
8 15
U.S.C. 78s(b)(2).
Securities Exchange Act Release No. 61696
(March 12, 2010), 75 FR 13174 (March 18, 2010)
(SR–CBOE–2010–005).
10 15 U.S.C. 78s(b)(1).
11 17 CFR 200.30–3(a)(12).
1 15 U.S.C.78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
9 See
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26APN1
Federal Register / Vol. 75, No. 79 / Monday, April 26, 2010 / Notices
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 its
Schedule of Fees and Charges for
Exchange Services (the ‘‘Schedule’’).
While changes to the Schedule pursuant
to this proposal will be effective upon
filing, the changes will become
operative on April 12, 2010. The text of
the proposed rule change is available on
the Exchange’s Web site at https://
www.nyse.com, at the Exchange’s
principal office, on the Commission’s
Web site at https://www.sec.gov 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
sroberts on DSKD5P82C1PROD with NOTICES
1. Purpose
The Exchange is proposing to modify
its fees structure for securities that
execute at prices below $1. Recently, on
April 1, 2010, the Exchange increased
its charges from 0.1% (10 basis points)
to 0.3% (30 basis points) of the total
dollar value of the execution for these
securities for ETP Holders accessing
liquidity. Also on April 1, 2010, the
Exchange instituted a credit to ETP
Holders providing liquidity in these
securities of 0.25% (25 basis points) of
the total dollar value of the transaction.
By this proposal, the Exchange seeks to
revert to its pricing prior to these
changes and thereby (i) reduce its fee for
accessing liquidity in these securities
from 0.3% (30 basis points) to 0.1% (10
basis points) and (ii) provide no credit
to ETP Holders providing liquidity.
VerDate Nov<24>2008
16:56 Apr 23, 2010
Jkt 220001
21691
These fees are consistent with the
limitations of Regulation NMS, SEC
Rule 610(c), for securities with a price
of less than $1.00.
The Exchange believes the proposed
fees are reasonable and equitable in that
they apply uniformly to all similarly
situated ETP Holders. The proposed
changes will become operative on April
12, 2010.
IV. Solicitation of Comments
2. Statutory Basis
• 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–NYSEArca–2010–26 on the
subject line.
The Exchange believes that the
proposed rule change is consistent with
the provisions of Section 6 of the
Securities Exchange Act of 1934 (the
‘‘Act’’),4 in general, and Section 6(b)(4)
of the Act,5 in particular, in that it is
designed to provide for the equitable
allocation of reasonable dues, fees, and
other charges among its members and
other persons using its facilities. The
proposed changes to the Schedule are
reasonable and equitable in that they
apply uniformly to all similarly situated
ETP Holders.
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) 6 of the Act and
subparagraph (f)(2) of Rule 19b–4 7
thereunder, because it establishes a due,
fee, or other charge imposed by NYSE
Arca on its members.
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.
4 15
U.S.C. 78f(b).
U.S.C. 78f(b)(4).
6 15 U.S.C. 78s(b)(3)(A).
7 17 CFR 240.19b–4(f)(2).
5 15
PO 00000
Frm 00115
Fmt 4703
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
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–NYSEArca–2010–26. 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 Web site viewing and
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
a.m. and 3 p.m. Copies of the filing will
also be available for inspection and
copying at NYSE Arca’s principal office
and on its Internet Web site at https://
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–
NYSEArca–2010–26 and should be
submitted on or before May 17, 2010.
8 17
Sfmt 4703
E:\FR\FM\26APN1.SGM
CFR 200.30–3(a)(12).
26APN1
21692
Federal Register / Vol. 75, No. 79 / Monday, April 26, 2010 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–9550 Filed 4–23–10; 8:45 am]
BILLING CODE 8011–01–P
DEPARTMENT OF TRANSPORTATION
Office of the Secretary
[Docket No. DOT–OST–2007–0022]
Denial of Airlines’ Temporary
Exemption Requests from DOT’s
Tarmac Delay Rules for JFK, EWR,
LGA and PHL Operations
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AGENCY: Office of the Secretary (OST),
Department of Transportation (DOT).
ACTION: Notice.
SUMMARY: On March 30, 2010, the
Department published a notice in the
Federal Register seeking comment on
separate requests by five airlines for a
temporary exemption from a
requirement that U.S. carriers adopt
contingency plans for lengthy tarmac
delays. These plans must include an
assurance that a carrier will not permit
an aircraft to remain on the tarmac for
more than three hours in the case of
domestic flights and for more than a set
number of hours as determined by a
carrier in the case of international
flights without providing passengers an
opportunity to deplane, with certain
exceptions for safety, security, or Air
Traffic Control (ATC) related reasons.
The requests cover operations at John F.
Kennedy International Airport (JFK),
Newark Liberty International Airport
(EWR), LaGuardia Airport (LGA), and
Philadelphia International Airport
(PHL). The carriers contend that without
the requested exemption covering seven
months in 2010 during which runway
construction is expected to be underway
at JFK, large numbers of flights will
have to be canceled at the New York
area airports and affected passengers
will face significant inconveniences and
delays before being re-accommodated.
The Department received approximately
135 comments on these exemption
requests, primarily from individual
consumers. After fully considering the
comments submitted, the Department is
issuing this notice to announce its
decision denying each of these
exemption requests as not being in the
public interest since the concerns raised
by the carriers can be resolved through
more careful flight scheduling. The
notice also points out that if totally
unexpected situations occur appropriate
prosecutorial discretion can be applied
VerDate Nov<24>2008
16:56 Apr 23, 2010
Jkt 220001
with respect to potential enforcement
action.
FOR FURTHER INFORMATION CONTACT:
Livaughn Chapman or Blane A. Workie,
Office of the Assistant General Counsel
for Aviation Enforcement and
Proceedings, U.S. Department of
Transportation, 1200 New Jersey Ave.,
SE., Washington, DC 20590–0001; 202–
366–9342 (phone), 202–366–7152 (fax),
livaughn.chapman@dot.gov or
blane.workie@dot.gov (e-mail).
SUPPLEMENTARY INFORMATION:
Background
On December 30, 2009, the
Department published a final rule titled
‘‘Enhancing Airline Passenger
Protections’’ that sets forth numerous
measures geared toward strengthening
protections afforded to air travelers. 74
FR 68983. One of these provisions,
which takes effect April 29, 2010,
requires U.S. certificated and commuter
air carriers that operate scheduled
passenger service or public charter
service using any aircraft with a design
capacity of 30 or more passenger seats
to adopt, implement, and adhere to
contingency plans for lengthy tarmac
delays at each large and medium hub
U.S. airport at which they operate
scheduled or public charter air service.
For domestic flights, the rule requires
covered U.S. carriers to provide
assurance that they will not permit an
aircraft to remain on the tarmac for more
than three hours, with two safety/
security and an ATC-related exceptions:
(1) Where the pilot-in-command
determines that an aircraft cannot leave
its position on the tarmac to deplane
passengers due to a safety-related or
security-related reason (e.g. weather, a
directive from an appropriate
government agency); and (2) where ATC
advises the pilot-in-command that
returning to the gate or another
disembarkation point elsewhere in order
to deplane passengers would
significantly disrupt airport operations.
For international flights departing from
or arriving at a U.S. airport, the rule
requires covered U.S. carriers to provide
assurance that the carriers will not
permit an aircraft to remain on the
tarmac for more than a set number of
hours, as determined by the carriers,
before deplaning passengers, with the
same safety, security, and ATC
exceptions. 14 CFR §§ 259.4(b)(1) and
(b)(2). For all flights, carriers must
provide adequate food and water no
later than two hours after the aircraft
leaves the gate (in the case of a
departure) or touches down (in the case
of an arrival) if the aircraft remains on
the tarmac, unless the pilot-in-command
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Frm 00116
Fmt 4703
Sfmt 4703
determines that safety or security
requirements preclude such service.
Carriers must also ensure that lavatory
facilities are operable and medical
attention is provided if needed while
the aircraft remains on the tarmac.
Pursuant to 49 U.S.C. 46301, violations
of 14 CFR Part 259 subject a carrier to
civil penalties of up to $27,500 per
violation.
On March 4, 2010, JetBlue requested
an exemption from the requirements not
to permit an aircraft to remain on the
tarmac for more than three hours in the
case of domestic flights and for more
than a set number of hours as
determined by a carrier in the case of
international flights without providing
passengers an opportunity to deplane
for its JFK operations for the time period
that operations at JFK are disrupted by
the closure of the main runway at that
airport, i.e., March 1 through December
1, 2010. JetBlue’s request for an
exemption during this period was
followed by a similar request by Delta
Air Lines for its JFK operations and a
request by American Airlines that the
Department grant an exemption for all
carrier operations at JFK. Continental
next requested that the Department
extend any relief it grants carriers
operating at JFK to carriers operating at
the Newark and LaGuardia Airports. On
March 22, 2010, US Airways also filed
a request for a similar exemption for its
operations at the Philadelphia Airport.
The carriers argue collectively that
without the requested exemptions large
numbers of flights will have to be
canceled at the New York area airports
and affected passengers will have to face
significant inconveniences and delays
before being re-accommodated. The
basic rationale presented by Continental
and US Airways in support of
exemptions for their operations at
Newark, LaGuardia and Philadelphia
airports is that the delays and delay
mitigation strategies at JFK resulting
from the runway construction will affect
the former airports by causing delays to
spill over.
On March 30, 2010, the Department
published a notice in the Federal
Register seeking comment on whether it
should act on the requests by JetBlue,
Delta, American, Continental, and US
Airways by means of one of the
following four measures: (1) Deny each
exemption request; (2) grant one or more
of the exemption requests in their
entirety; (3) grant a limited temporary
exemption for operations at one or more
of the airports by allowing the three
hour limit to be raised to four hours
during the two specific heavy
construction periods (April 29 thru June
30, 2010, and September 16 thru
E:\FR\FM\26APN1.SGM
26APN1
Agencies
[Federal Register Volume 75, Number 79 (Monday, April 26, 2010)]
[Notices]
[Pages 21690-21692]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-9550]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-61942; File No. SR-NYSEArca-2010-26]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing
and Immediate Effectiveness of a Proposed Rule Change Amending Its Fee
Schedule
April 20, 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 April 9, 2010, NYSE Arca, Inc. (``NYSE Arca'' or the
``Exchange'') filed with the Securities and Exchange Commission (the
``Commission'') the proposed rule
[[Page 21691]]
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 its Schedule of Fees and Charges for
Exchange Services (the ``Schedule''). While changes to the Schedule
pursuant to this proposal will be effective upon filing, the changes
will become operative on April 12, 2010. The text of the proposed rule
change is available on the Exchange's Web site at https://www.nyse.com,
at the Exchange's principal office, on the Commission's Web site at
https://www.sec.gov 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 Exchange is proposing to modify its fees structure for
securities that execute at prices below $1. Recently, on April 1, 2010,
the Exchange increased its charges from 0.1% (10 basis points) to 0.3%
(30 basis points) of the total dollar value of the execution for these
securities for ETP Holders accessing liquidity. Also on April 1, 2010,
the Exchange instituted a credit to ETP Holders providing liquidity in
these securities of 0.25% (25 basis points) of the total dollar value
of the transaction. By this proposal, the Exchange seeks to revert to
its pricing prior to these changes and thereby (i) reduce its fee for
accessing liquidity in these securities from 0.3% (30 basis points) to
0.1% (10 basis points) and (ii) provide no credit to ETP Holders
providing liquidity. These fees are consistent with the limitations of
Regulation NMS, SEC Rule 610(c), for securities with a price of less
than $1.00.
The Exchange believes the proposed fees are reasonable and
equitable in that they apply uniformly to all similarly situated ETP
Holders. The proposed changes will become operative on April 12, 2010.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6 of the Securities Exchange Act of 1934
(the ``Act''),\4\ in general, and Section 6(b)(4) of the Act,\5\ in
particular, in that it is designed to provide for the equitable
allocation of reasonable dues, fees, and other charges among its
members and other persons using its facilities. The proposed changes to
the Schedule are reasonable and equitable in that they apply uniformly
to all similarly situated ETP Holders.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b).
\5\ 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) \6\ of the Act and subparagraph (f)(2) of Rule 19b-
4 \7\ thereunder, because it establishes a due, fee, or other charge
imposed by NYSE Arca on its members.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(3)(A).
\7\ 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 Number SR-NYSEArca-2010-26 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-NYSEArca-2010-26. 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 Web site
viewing and 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 a.m. and 3 p.m. Copies of the filing will also
be available for inspection and copying at NYSE Arca's principal office
and on its Internet Web site at https://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-NYSEArca-2010-26 and should
be submitted on or before May 17, 2010.
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\8\ 17 CFR 200.30-3(a)(12).
[[Page 21692]]
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For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-9550 Filed 4-23-10; 8:45 am]
BILLING CODE 8011-01-P