Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Fee Changes, 32531-32532 [2010-13664]

Download as PDF Federal Register / Vol. 75, No. 109 / Tuesday, June 8, 2010 / Notices 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–2010–42. 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 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 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– NYSEArca–2010–42 and should be submitted on or before June 29, 2010. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.13 Florence E. Harmon, Deputy Secretary. [FR Doc. 2010–13765 Filed 6–7–10; 8:45 am] emcdonald on DSK2BSOYB1PROD with NOTICES BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–62195; File No. SR–ISE– 2010–46] Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Fee Changes May 28, 2010. 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 18, 2010, the International Securities Exchange, LLC (the ‘‘Exchange’’ or the ‘‘ISE’’) filed with the 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 selfregulatory 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 is proposing to amend its Schedule of Fees. The text of the proposed rule change is available on the Exchange’s Web site at https:// www.ise.com, at the principal office of the Exchange, 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 these statements may be examined at the places specified in Item IV below. The self-regulatory organization has prepared summaries, set forth in sections A, B and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change (a) Purpose—The Exchange currently identifies on its Schedule of Fees certain ETF products whose options are listed only on ISE and for which the Exchange charges a fee of $0.18 per contract for 1 15 13 17 CFR 200.30–3(a)(12). VerDate Mar<15>2010 16:31 Jun 07, 2010 2 17 Jkt 220001 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00177 Fmt 4703 customer transactions. Currently, the First Trust ISE Water ETF (‘‘FIW’’), the Claymore China Technology ETF (‘‘CQQQ’’), the ProShares UltraPro Short Dow30 (‘‘SDOW’’), the ProShares UltraPro Dow30 (‘‘UDOW’’), the ProShares UltraPro Short MidCap400 (‘‘SMDD’’), the ProShares UltraPro MidCap400 (‘‘UMDD’’), the ProShares UltraPro Short Russell2000 (‘‘SRTY’’), the ProShares UltraPro Russell2000 (‘‘URTY’’), the First Trust ISE Global Copper Index Fund (‘‘CU’’) and the First Trust ISE Global Platinum Index Fund (‘‘PLTM’’) are the only such ETFs listed on the Exchange’s fee schedule. On May 18, 2010, ISE began listing options on the First Trust Amex Biotechnology Index Fund (‘‘FBT’’), the First Trust Financials AlphaDEX Fund (‘‘FXO’’) and the First Trust NASDAQ 100 Weighted Index Fund (‘‘QQEW’’). As of the date of this filing, FBT, FXO and QQEW are singly listed on ISE. The Exchange therefore proposes to charge a fee of $0.18 per contract for customer transactions in options on FBT, FXO and QQEW. The Exchange also proposes to charge a Payment for Order Flow fee for transactions in options on these products. (b) Basis—The Exchange believes that the proposed rule change is consistent with the objectives of Section 6 of the Act,3 in general, and furthers the objectives of Section 6(b)(4),4 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. 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. 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 The foregoing rule change has become effective pursuant to Section 19(b)(3) of 3 15 4 15 Sfmt 4703 32531 E:\FR\FM\08JNN1.SGM U.S.C. 78f. U.S.C. 78f(b)(4). 08JNN1 32532 Federal Register / Vol. 75, No. 109 / Tuesday, June 8, 2010 / Notices the Act 5 and Rule 19b–4(f)(2) 6 thereunder. At any time within 60 days of the filing of such 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: emcdonald on DSK2BSOYB1PROD with NOTICES 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–ISE–2010–46 on the subject line. 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–ISE– 2010–46 and should be submitted on or before June 29, 2010. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.7 Florence E. Harmon, Deputy Secretary. [FR Doc. 2010–13664 Filed 6–7–10; 8:45 am] BILLING CODE 8010–01–P DEPARTMENT OF STATE [Public Notice: 7039] Notice of Receipt of Application for a New Presidential Permit Title: Notice of Receipt of Application for a new Presidential Permit to reflect a Transfer of Ownership from Fraser Papers Inc. to Twin Rivers Paper Paper Comments Company Inc. of nine pipelines and a supporting truss bridge connecting • Send paper comments in triplicate pulp/paper plants in Madawaska, Maine to Elizabeth M. Murphy, Secretary, and Edmundston, New Brunswick, Securities and Exchange Commission, Canada. 100 F Street, NE., Washington, DC 20549–1090. SUMMARY: The Department of State hereby gives notice that, on March 29, All submissions should refer to File 2010, it received an application for a Number SR–ISE–2010–46. This file Presidential Permit for nine cross-border number should be included on the subject line if e-mail is used. To help the pipelines and a supporting truss bridge to reflect a change of ownership of these Commission process and review your facilities from Fraser Paper Inc. to Twin comments more efficiently, please use only one method. The Commission will Rivers Paper Company Inc. as the result post all comments on the Commission’s of the sale of Fraser Papers assets to Twin Rivers’ majority stockholder, Internet Web site (https://www.sec.gov/ Brookfield Asset Management, Inc. rules/sro.shtml). Copies of the According to the application, both Twin submission, all subsequent Rivers Paper Company Inc. and amendments, all written statements Brookfield Asset Management, Inc. are with respect to the proposed rule organized under the Business change that are filed with the Corporations Act (Ontario) and Commission, and all written Brookfield Asset Management, Inc. is communications relating to the publicly traded on the New York and proposed rule change between the Commission and any person, other than Toronto stock exchanges. Seven pipelines, some dating from those that may be withheld from the 1925, carry sulfite and groundwood public in accordance with the pulp from Edmundston to Madawaska provisions of 5 U.S.C. 552, will be and return paper machine decker water available for Web site viewing and from Madawaska to Edmundston. Two printing in the Commission’s Public pipelines, installed in 1982, carry steam Reference Section, 100 F Street, NE., Washington, DC 20549–1090 on official from Edmundston to Madawaska and return condensate back to Edmundston. business days between the hours of 10 a.m. and 3 p.m. Copies of the filing will According to information provided by the applicant, the truss bridge also be available for inspection and supporting the two 1982 pipelines was copying at ISE’s principal office and on constructed at the same time as those its Internet Web site at https:// pipelines; while the bridge has a www.ise.com. All comments received walkway to allow for maintenance, it is 5 15 6 17 U.S.C. 78s(b)(3)(A). CFR 19b–4(f)(2). VerDate Mar<15>2010 16:31 Jun 07, 2010 7 17 Jkt 220001 PO 00000 CFR 200.30–3(a)(12). Frm 00178 Fmt 4703 Sfmt 4703 neither a pedestrian nor a vehicle crossing. The change in ownership will not involve any new construction, any change in the existing international connections, or any changes in the operation of the pipelines or the bridge, and therefore will create no new environmental impacts. The Department of State’s jurisdiction over this application is based upon Executive Order 11423 of August 16, 1968, as amended. As provided in E.O. 11423, the Department is circulating this application to relevant Federal and State agencies for review and comment. Under E.O. 11423, the Department has the responsibility to determine, taking into account input from these agencies and other stakeholders, whether this proposed transfer of ownership of these cross-border facilities is in the U.S. national interest. DATES: Interested members of the public are invited to submit written comments regarding this application on or before July 12, 2010 to Mr. David Rovinsky, Economic/Trade Officer, via e-mail at RovinskyDJ@state.gov, or by mail at WHA/CAN—room 3917, Department of State, 2201 C Street, NW., Washington, DC 20520. FOR FURTHER INFORMATION CONTACT: Mr. David Rovinsky, Economic/Trade Officer, via e-mail at RovinskyDJ@state.gov or by mail at WHA/CAN—room 3917, Department of State, 2201 C Street, NW., Washington, DC 20520. General information about Presidential Permits is available on the Internet at https://www.state.gov/p/wha/ rt/permit. SUPPLEMENTARY INFORMATION: This application is available for review in the Office of Canadian Affairs, Department of State, during normal business hours. Dated: June 3, 2010. Gary Sheaffer, Deputy Director, Office of Canadian Affairs, Department of State. [FR Doc. 2010–13700 Filed 6–7–10; 8:45 am] BILLING CODE 4710–29–P DEPARTMENT OF STATE [Public Notice: 7038] Notice of Meeting of the Advisory Committee on International Law A meeting of the Advisory Committee on International Law will take place on Monday, June 21, 2010, from 9:30 a.m. to approximately 5:30 p.m., at the George Washington University Law School (Michael K. Young Faculty Conference Center, 5th Floor), 2000 H St., NW., Washington, DC. The meeting will be chaired by the Legal Adviser of E:\FR\FM\08JNN1.SGM 08JNN1

Agencies

[Federal Register Volume 75, Number 109 (Tuesday, June 8, 2010)]
[Notices]
[Pages 32531-32532]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-13664]



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SECURITIES AND EXCHANGE COMMISSION



[Release No. 34-62195; File No. SR-ISE-2010-46]




Self-Regulatory Organizations; International Securities Exchange, 

LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule 

Change Relating to Fee Changes



May 28, 2010.

    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 18, 2010, the International Securities Exchange, LLC (the 

``Exchange'' or the ``ISE'') filed with the 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 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 is proposing to amend its Schedule of Fees. The text 

of the proposed rule change is available on the Exchange's Web site at 

https://www.ise.com, at the principal office of the Exchange, 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 these statements may be examined at 

the places specified in Item IV below. The self-regulatory organization 

has prepared summaries, set forth in sections A, B and C below, of the 

most significant aspects of such statements.



A. Self-Regulatory Organization's Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule Change



    (a) Purpose--The Exchange currently identifies on its Schedule of 

Fees certain ETF products whose options are listed only on ISE and for 

which the Exchange charges a fee of $0.18 per contract for customer 

transactions. Currently, the First Trust ISE Water ETF (``FIW''), the 

Claymore China Technology ETF (``CQQQ''), the ProShares UltraPro Short 

Dow30 (``SDOW''), the ProShares UltraPro Dow30 (``UDOW''), the 

ProShares UltraPro Short MidCap400 (``SMDD''), the ProShares UltraPro 

MidCap400 (``UMDD''), the ProShares UltraPro Short Russell2000 

(``SRTY''), the ProShares UltraPro Russell2000 (``URTY''), the First 

Trust ISE Global Copper Index Fund (``CU'') and the First Trust ISE 

Global Platinum Index Fund (``PLTM'') are the only such ETFs listed on 

the Exchange's fee schedule. On May 18, 2010, ISE began listing options 

on the First Trust Amex Biotechnology Index Fund (``FBT''), the First 

Trust Financials AlphaDEX Fund (``FXO'') and the First Trust NASDAQ 100 

Weighted Index Fund (``QQEW''). As of the date of this filing, FBT, FXO 

and QQEW are singly listed on ISE. The Exchange therefore proposes to 

charge a fee of $0.18 per contract for customer transactions in options 

on FBT, FXO and QQEW. The Exchange also proposes to charge a Payment 

for Order Flow fee for transactions in options on these products.

    (b) Basis--The Exchange believes that the proposed rule change is 

consistent with the objectives of Section 6 of the Act,\3\ in general, 

and furthers the objectives of Section 6(b)(4),\4\ 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.

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    \3\ 15 U.S.C. 78f.

    \4\ 15 U.S.C. 78f(b)(4).

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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.



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



    The foregoing rule change has become effective pursuant to Section 

19(b)(3) of



[[Page 32532]]



the Act \5\ and Rule 19b-4(f)(2) \6\ thereunder. At any time within 60 

days of the filing of such 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.

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    \5\ 15 U.S.C. 78s(b)(3)(A).

    \6\ 17 CFR 19b-4(f)(2).

---------------------------------------------------------------------------



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-ISE-2010-46 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-ISE-2010-46. 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 ISE's principal office and 

on its Internet Web site at https://www.ise.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-ISE-2010-46 and should be submitted on 

or before June 29, 2010.



    For the Commission, by the Division of Trading and Markets, 

pursuant to delegated authority.\7\

---------------------------------------------------------------------------



    \7\ 17 CFR 200.30-3(a)(12).

---------------------------------------------------------------------------



Florence E. Harmon,

Deputy Secretary.

[FR Doc. 2010-13664 Filed 6-7-10; 8:45 am]

BILLING CODE 8010-01-P
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