Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Its Fee Schedule, 55624-55625 [2010-22702]
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Federal Register / Vol. 75, No. 176 / Monday, September 13, 2010 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–62843; File No. SR–
NYSEArca–2010–81]
1. Purpose
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Amending Its Fee
Schedule
September 3, 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 August
30, 2010, NYSE Arca, Inc.
(‘‘NYSEARCA’’ or 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.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend the
NYSE Arca Equities, Inc. Schedule of
Fees and Charges for Exchange Services
(the ‘‘Schedule’’). While changes to the
Schedule pursuant to this proposal will
be effective on filing, the changes will
become operative on September 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.
mstockstill on DSKB9S0YB1PROD 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.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
17:21 Sep 10, 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’’),5 in general, and Section 6(b)(4)
4 See Securities Exchange Act Release No. 62592
(July 29, 2010), 75 FR 47053 (August 4, 2010) (SR–
NASDAQ–2010–095).
5 15 U.S.C. 78f(b).
1 15
VerDate Mar<15>2010
Effective September 1, 2010, the
Exchange proposes to amend the
Schedule to modify the fees it charges
for all market at-the-close (‘‘MOC’’) and
limit at-the-close (‘‘LOC’’) orders
executed in the NYSE Arca Equities,
Inc. closing auction. At each applicable
point in the Schedule, the per share fee
will increase from $0.0007 to $0.0010
for MOC and LOC orders executed in
the closing auction. The Exchange notes
that The NASDAQ Stock Market LLC
(‘‘NASDAQ’’) recently made a similar
filing increasing the fee that it charges
for MOC and LOC orders in its closing
cross from $0.0007 per share executed
to $0.0010 per share executed.4
In addition, for each rate level, there
will be an increase in the per share fee
from $0.0007 to $0.00085 for PO and
PO+ Orders that are (a) in the case of
Tape A securities, routed to the New
York Stock Exchange LLC (‘‘NYSE’’) and
execute in the opening or closing
auction, or (b) in the case of Tape B
securities, routed to NYSE Amex and
execute in the opening or closing
auction. Also, for each rate level, the
Exchange proposes to charge a per share
fee of $0.0010 for PO and PO+ Orders
in Tape C securities that are routed to
NASDAQ and execute in the opening or
closing auction.
The Exchange is eliminating from the
Schedule the current fee applicable to
Tape B securities for orders executed in
the Opening or Market Order Auction in
NYSE Arca primary listed securities.
Finally, for both Tape A and Tape C
securities under Tier 1 rates, the fee for
taking liquidity from the book will be
increased from $0.0029 to $0.0030 per
share, and the same fee increase will be
applicable for orders in Tape A and
Tape C securities routed to any away
market centers other than the NYSE.
The Tier 1 rebate for adding liquidity in
Tape A and Tape C securities will
remain unchanged at $0.0030 per share,
so the foregoing change will represent a
move to flat pricing.
Jkt 220001
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
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 fees, as all similarly
situated member organizations will be
charged the same amount and access to
the Exchange’s market is offered on fair
and non-discriminatory terms. Further,
with respect to the proposed fee change
for MOC and LOC orders that are
executed in the Exchange’s closing
transaction, a competing exchange also
recently implemented a similar fee
change for its market participants, as
described above.
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 the
NYSE Arca.
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend 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:
6 15
U.S.C. 78f(b)(4).
U.S.C. 78s(b)(3)(A).
8 17 CFR 240.19b–4(f)(2).
7 15
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13SEN1
Federal Register / Vol. 75, No. 176 / Monday, September 13, 2010 / Notices
Electronic Comments
SOCIAL SECURITY ADMINISTRATION
• 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–2010–81 on the
subject line.
[Docket No. SSA–2010–0058]
Paper Comments
AGENCY:
Social Security Administration
(SSA).
Notice of upcoming panel
teleconference meeting.
ACTION:
September 29, 2010, 10 p.m.–12
p.m. (EDT). Call-in number: (866) 283–
9791, Conference ID: 1482323, Leader/
Host: Debra Tidwell-Peters.
SUPPLEMENTARY INFORMATION:
Type of meeting: The teleconference
All submissions should refer to File
meeting is open to the public.
Number SR–NYSEArca–2010–81. This
Purpose: This discretionary Panel,
file number should be included on the
established under the Federal Advisory
subject line if e-mail is used. To help the Committee Act of 1972, as amended,
Commission process and review your
will report to the Commissioner of
comments more efficiently, please use
Social Security. The Panel will provide
only one method. The Commission will independent advice and
post all comments on the Commission’s recommendations on plans and
Internet Web site (https://www.sec.gov/
activities to replace the Dictionary of
rules/sro.shtml). Copies of the
Occupational Titles used in the Social
submission, all subsequent
Security Administration’s (SSA)
amendments, all written statements
disability determination process. The
with respect to the proposed rule
Panel will advise the Agency on
change that are filed with the
creating an occupational information
Commission, and all written
system tailored specifically for SSA’s
communications relating to the
disability programs and adjudicative
proposed rule change between the
needs. The Panel’s advice and
Commission and any person, other than recommendations will relate to SSA’s
those that may be withheld from the
disability programs in the following
public in accordance with the
areas: Medical and vocational analysis
provisions of 5 U.S.C. 552, will be
of disability claims; occupational
available for Web site viewing and
analysis, including definitions, ratings
printing in the Commission’s Public
and capture of physical and mental/
Reference Room, 100 F Street, NE.,
cognitive demands of work and other
Washington, DC 20549, on official
occupational information critical to SSA
business days between the hours of 10
disability programs; data collection; use
a.m. and 3 p.m. Copies of the filing also of occupational information in SSA’s
will be available for inspection and
disability programs; and any other
copying at the principal office of the
area(s) that would enable SSA to
9 All comments received will
Exchange.
develop an occupational information
be posted without change; the
system suited to its disability programs
Commission does not edit personal
and would improve the medicalidentifying information from
vocational adjudication policies and
submissions. You should submit only
processes.
information that you wish to make
Agenda: The Designated Federal
available publicly. All submissions
Officer will post the meeting agenda on
should refer to File Number SR–
the Internet at https://www.ssa.gov/
NYSEArca–2010–81 and should be
oidap/meeting_information.htm at least
submitted on or before October 4, 2010.
one week prior to the start date. You can
For the Commission, by the Division of
also receive a copy electronically by eTrading and Markets, pursuant to delegated
mail or by fax, upon request. SSA will
authority.10
keep records of all proceedings and
make them available for public
Florence E. Harmon,
inspection by appointment at the
Deputy Secretary.
Panel’s office.
[FR Doc. 2010–22702 Filed 9–10–10; 8:45 am]
Contact Information: Anyone
BILLING CODE 8010–01–P
requiring information regarding the
Panel should contact the Panel staff by
9 The text of the proposed rule change is available
any one of these three methods:
on the Commission’s Web site at https://
• Mail: Occupational Information
www.sec.gov.
10 17 CFR 200.30–3(a)(12).
Development Advisory Panel, Social
• Send paper comments in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
mstockstill on DSKB9S0YB1PROD with NOTICES
Occupational Information Development
Advisory Panel Meeting
VerDate Mar<15>2010
17:21 Sep 10, 2010
Jkt 220001
55625
Security Administration, 6401 Security
Boulevard, Operations Building, 3–E–
26, Baltimore, MD 21235.
• Fax: (410) 597–0825.
• E-mail: OIDAP@ssa.gov.
Deborah Tidwell,
Designated Federal Officer.
[FR Doc. 2010–22711 Filed 9–10–10; 8:45 am]
BILLING CODE 4191–02–P
DATES:
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DEPARTMENT OF STATE
[Public Notice: 7156]
30–Day Notice of Proposed
Information Collection: Form DS–1622,
DS–1843, DS–1622P, and DS–1843P:
Medical History and Examination for
Foreign Service, OMB 1405–0068
Notice of request for public
comments.
ACTION:
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.
• Title of Information Collection:
Medical History and Examination for
Foreign Service .
• OMB Control Number: 1405–0068.
• Type of Request: Revision of
Currently Approved Collection.
• Originating Office: Office of
Medical Services, M/MED/C/MC.
• Form Number: DS–1622, DS–1843,
DS–1622P, and DS–1843P.
• Respondents: Foreign Service
Officers, State Department Employees,
Other Government Employees and
Family Members.
• Estimated Number of Respondents:
7,500 per year.
• Estimated Number of Responses
7,500 per year.
• Average Hours per Response: 1.0
hours per response.
• Total Estimated Burden: 7,500
hours.
• Frequency: On occasion.
• Obligation to Respond: Mandatory.
DATES: Submit comments to the Office
of Management and Budget (OMB) for
up to 30 days from August 30, 2010.
ADDRESSES: You may submit comments
by any of the following methods:
• E-mail: silligsp@state.gov. You must
include the DS form number,
information collection title, and OMB
control number in the subject line of
your message.
SUMMARY:
E:\FR\FM\13SEN1.SGM
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]]>Agencies
[Federal Register Volume 75, Number 176 (Monday, September 13, 2010)]
[Notices]
[Pages 55624-55625]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-22702]
[[Page 55624]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-62843; File No. SR-NYSEArca-2010-81]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing
and Immediate Effectiveness of Proposed Rule Change Amending Its Fee
Schedule
September 3, 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 August 30, 2010, NYSE Arca, Inc. (``NYSEARCA'' or 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\ 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 the NYSE Arca Equities, Inc.
Schedule of Fees and Charges for Exchange Services (the ``Schedule'').
While changes to the Schedule pursuant to this proposal will be
effective on filing, the changes will become operative on September 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
Effective September 1, 2010, the Exchange proposes to amend the
Schedule to modify the fees it charges for all market at-the-close
(``MOC'') and limit at-the-close (``LOC'') orders executed in the NYSE
Arca Equities, Inc. closing auction. At each applicable point in the
Schedule, the per share fee will increase from $0.0007 to $0.0010 for
MOC and LOC orders executed in the closing auction. The Exchange notes
that The NASDAQ Stock Market LLC (``NASDAQ'') recently made a similar
filing increasing the fee that it charges for MOC and LOC orders in its
closing cross from $0.0007 per share executed to $0.0010 per share
executed.\4\
---------------------------------------------------------------------------
\4\ See Securities Exchange Act Release No. 62592 (July 29,
2010), 75 FR 47053 (August 4, 2010) (SR-NASDAQ-2010-095).
---------------------------------------------------------------------------
In addition, for each rate level, there will be an increase in the
per share fee from $0.0007 to $0.00085 for PO and PO+ Orders that are
(a) in the case of Tape A securities, routed to the New York Stock
Exchange LLC (``NYSE'') and execute in the opening or closing auction,
or (b) in the case of Tape B securities, routed to NYSE Amex and
execute in the opening or closing auction. Also, for each rate level,
the Exchange proposes to charge a per share fee of $0.0010 for PO and
PO+ Orders in Tape C securities that are routed to NASDAQ and execute
in the opening or closing auction.
The Exchange is eliminating from the Schedule the current fee
applicable to Tape B securities for orders executed in the Opening or
Market Order Auction in NYSE Arca primary listed securities.
Finally, for both Tape A and Tape C securities under Tier 1 rates,
the fee for taking liquidity from the book will be increased from
$0.0029 to $0.0030 per share, and the same fee increase will be
applicable for orders in Tape A and Tape C securities routed to any
away market centers other than the NYSE. The Tier 1 rebate for adding
liquidity in Tape A and Tape C securities will remain unchanged at
$0.0030 per share, so the foregoing change will represent a move to
flat pricing.
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''),\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 other persons using its facilities. The Exchange believes
that the proposal does not constitute an inequitable allocation of
fees, as all similarly situated member organizations will be charged
the same amount and access to the Exchange's market is offered on fair
and non-discriminatory terms. Further, with respect to the proposed fee
change for MOC and LOC orders that are executed in the Exchange's
closing transaction, a competing exchange also recently implemented a
similar fee change for its market participants, as described above.
---------------------------------------------------------------------------
\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 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 the NYSE Arca.
---------------------------------------------------------------------------
\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 summarily may temporarily suspend 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:
[[Page 55625]]
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-2010-81 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-2010-81. 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 the filing also will be
available for inspection and copying at the principal office of the
Exchange.\9\ 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-2010-81 and should be submitted on or before October 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. 2010-22702 Filed 9-10-10; 8:45 am]
BILLING CODE 8010-01-P
