Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to a Date for the Additional Expiration Months Pilot Program, 67153-67155 [2010-27465]
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Federal Register / Vol. 75, No. 210 / Monday, November 1, 2010 / Notices
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
fee schedule by eliminating all fees
related to its equity market. The text of
the proposed rule change is available on
the Exchange’s Web site https://
www.ise.com, at the principal office of
the Exchange, 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
Exchange 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
Exchange 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
1. Purpose
The Exchange has ceased trading
equity securities in its market.
Therefore, the Exchange is now
proposing to eliminate all fees related to
the trading of equity securities and its
equity membership from its Schedule of
Fees. The Exchange believes that
eliminating the fees related to equities
will simplify and clarify its Schedule of
Fees, and thereby avoid investor
confusion by only publishing fees for
products that are traded on its market.
mstockstill on DSKH9S0YB1PROD with NOTICES
2. Statutory 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. Since
the Exchange no longer trades equities
in its market, the proposed rule change
will simply its Schedule of Fees by
eliminating the fees related to equities.
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
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 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:
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–2010–104 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–2010–104. 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
will also 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 No. SR–ISE–2010–
104 and should be submitted on or
before November 22, 2010.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–27494 Filed 10–29–10; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63177; File No. SR–ISE–
2010–105]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change Relating to a Date for the
Additional Expiration Months Pilot
Program
October 25, 2010.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
20, 2010, the International Securities
Exchange, Inc. (the ‘‘Exchange’’ or ‘‘ISE’’)
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 Exchange. The
7 17
3 15
U.S.C. 78f.
4 15 U.S.C. 78f(b)(4).
VerDate Mar<15>2010
16:44 Oct 29, 2010
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
5 15
U.S.C. 78s(b)(3).
6 17 CFR 240.19b–4(f)(2).
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67153
E:\FR\FM\01NON1.SGM
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67154
Federal Register / Vol. 75, No. 210 / Monday, November 1, 2010 / Notices
Exchange has designated the proposed
rule change as one constituting a stated
policy, practice, or interpretation with
respect to the meaning, administration,
or enforcement of an existing rule under
Section 19(b)(3)(A)(i) of the Act 3 and
Rule 19b–4(f)(1) thereunder,4 which
renders the proposal effective upon
filing with the Commission. 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 ISE is proposing to make
technical amendments to its rules to
insert the specific date for a pilot
program. The text of the proposed rule
change is available on the Exchange’s
Web site (https://www.ise.com), at the
principal office of the Exchange, 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
mstockstill on DSKH9S0YB1PROD with NOTICES
1. Purpose
The Exchange proposes to make
technical amendments to its rules to
insert a specific date for a pilot program.
The Commission recently approved
the Exchange’s proposal to establish a
pilot program that would permit the
Exchange to list up to an additional two
expiration months, for a total of six
expiration months for each class of
options open for trading on the
Exchange.5 This rule change proposes to
amend the text of Supplementary
Material .08 to Rule 504 to insert the
3 15
U.S.C. 78s(b)(3)(A)(i).
CFR 240.19b–4(f)(1).
5 See Securities Exchange Act Release No. 63104
(October 14, 2010), 75 FR 64773 (October 20, 2010)
(Approving SR–ISE–2010–91).
4 17
VerDate Mar<15>2010
16:44 Oct 29, 2010
Jkt 223001
specific conclusion date of the pilot
program, which is October 31, 2011.6
2. Statutory Basis
The proposed rule change is
consistent with Section 6(b) 7 of the
Securities Exchange Act of 1934 (the
‘‘Act’’), in general, and furthers the
objectives of Section 6(b)(5) 8 in
particular, in that it is designed to
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade, to foster
cooperation and coordination with
persons engaged in facilitating
transactions in securities, and to remove
impediments to and perfect the
mechanisms of a free and open market
and a national market system in a
manner consistent with the protection
of investors and the public interest. In
particular, the proposed rule change
seeks to update rule text to insert
specific dates for a pilot program in a
manner that is consistent with the
original approval order of the pilot
program.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The proposed rule change does not
impose any burden on competition.
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 proposed rule change
will take effect upon filing with the
Commission pursuant to Section
19(b)(3)(A)(i) of the Act 9 and Rule 19b–
4(f)(1) thereunder,10 because it
constitutes a stated policy, practice, or
interpretation with respect to the
meaning, administration, or
enforcement of an existing rule.
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
6 Previously the rule text indicated that the
Exchange would insert the date 12 months from the
next full month from approval, which approval
occurred on October 14, 2010. Id.
7 15 U.S.C. 78f(b).
8 15 U.S.C. 78f(b)(5).
9 15 U.S.C. 78s(b)(3)(A)(i).
10 17 CFR 240.19b–4(f)(1).
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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
Number SR–ISE–2010–105 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–2010–105. 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. 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–
2010–105 and should be submitted on
or before November 22, 2010.
E:\FR\FM\01NON1.SGM
01NON1
Federal Register / Vol. 75, No. 210 / Monday, November 1, 2010 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–27465 Filed 10–29–10; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63181; File No. SR–FINRA–
2010–052]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing of
Proposed Rule Change To Adopt
FINRA Rules Regarding Books and
Records in the Consolidated FINRA
Rulebook
October 26, 2010.
mstockstill on DSKH9S0YB1PROD with NOTICES
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (‘‘Act’’
or ‘‘SEA’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
20, 2010, Financial Industry Regulatory
Authority, Inc. (‘‘FINRA’’)
(f/k/a National Association of Securities
Dealers, Inc. (‘‘NASD’’)) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the proposed
rule change as described in Items I and
II below, which Items have been
prepared by FINRA. 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
FINRA is proposing to adopt certain
paragraphs, as specified below, of NASD
Rule 3110 (Books and Records), subject
to certain amendments, as FINRA Rules
in the consolidated FINRA rulebook and
to adopt Incorporated NYSE Rule
Interpretations 410/01 (Pre-Time
Stamping) and 410/02 (Allocations of
Block Orders), subject to certain
amendments, as FINRA Rules in the
consolidated FINRA rulebook.
The proposed rule change would
delete NASD IM–3110 (Customer
Account Information) and Incorporated
NYSE Rule 410 (Records of Orders). In
addition, the proposed rule change
would delete Incorporated NYSE Rule
440 (Books and Records), with the
exception of Incorporated NYSE Rules
440.10 (Periodic Security Counts,
Verifications, Comparisons, etc.) and
440.20 (Identification of Suspense
11 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
Accounts and Assignment of
Responsibility for General Ledger
Accounts) and NYSE Rule Interpretation
440.20/01 (Suspense Accounts).
The proposed rule change would
renumber NASD Rule 3110(a)
(Requirements) as FINRA Rule 4511
(General Requirements), NASD Rule
3110(c) (Customer Account Information)
as FINRA Rule 4512 (Customer Account
Information), NASD Rules 3110(d)
(Record of Written Complaints) and
3110(e) (‘‘Complaint’’ Defined) as FINRA
Rule 4513 (Records of Written Customer
Complaints), NASD Rule 3110(f)
(Requirements When Using Predispute
Arbitration Agreements for Customers
Accounts) as FINRA Rule 2268
(Requirements When Using Predispute
Arbitration Agreements for Customer
Accounts), NASD Rule 3110(g)
(Negotiable Instruments Drawn From A
Customer’s Account) as FINRA Rule
4514 (Authorization Records for
Negotiable Instruments Drawn From a
Customer’s Account), NASD Rule
3110(h) (Order Audit Trail System
Record Keeping Requirements) as
paragraph (a)(4) of FINRA Rule 7440
(Recording of Order Information) and
NASD Rule 3110(j) (Changes in Account
Name or Designation) as FINRA Rule
4515 (Approval and Documentation of
Changes in Account Name or
Designation) in the consolidated FINRA
rulebook. The proposed rule change also
would renumber NYSE Rule
Interpretation 410/01 as FINRA Rule
5340 (Pre-Time Stamping) and NYSE
Rule Interpretation 410/02 as FINRA
Rule 4515.01 (Allocations of Orders
Made by Investment Advisers).
The text of the proposed rule change
is available on FINRA’s Web site at
https://www.finra.org, at the principal
office of FINRA 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,
FINRA 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. FINRA has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
1 15
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16:44 Oct 29, 2010
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67155
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
Background
As part of the process of developing
a new consolidated rulebook
(‘‘Consolidated FINRA Rulebook’’),3
FINRA is proposing to adopt NASD
Rules 3110(a), 3110(c), 3110(d) and (e),
3110(f), 3110(g), 3110(h) and 3110(j) as
FINRA Rules 4511, 4512, 4513, 2268,
4514, 7440(a)(4) and 4515, respectively,
in the Consolidated FINRA Rulebook,
with certain changes as described
below.4 FINRA also is proposing to
adopt Incorporated NYSE Rule
Interpretations 410/01 and 410/02 as
FINRA Rules 5340 and 4515.01,5
respectively, in the Consolidated FINRA
Rulebook.6 FINRA is proposing to delete
NASD IM–3110 and NYSE Rules 410
and 440, provided, however, NYSE
Rules 440.10 and 440.20 and NYSE Rule
Interpretation 440.20/01 are being
3 The current FINRA rulebook consists of (1)
FINRA Rules; (2) NASD Rules; and (3) rules
incorporated from NYSE (‘‘Incorporated NYSE
Rules’’) (together, the NASD Rules and Incorporated
NYSE Rules are referred to as the ‘‘Transitional
Rulebook’’). While the NASD Rules generally apply
to all FINRA members, the Incorporated NYSE
Rules apply only to those members of FINRA that
are also members of the NYSE (‘‘Dual Members’’).
The FINRA Rules apply to all FINRA members,
unless such rules have a more limited application
by their terms. For more information about the
rulebook consolidation process, see Information
Notice, March 12, 2008 (Rulebook Consolidation
Process).
4 NASD Rule 3110(b) (Marking of Customer Order
Tickets) requires that members indicate on the
order ticket for each transaction in a non-exchangelisted security the name of each dealer contacted
and the quotations received to determine the best
inter-dealer market as required by NASD Rule
2320(g) (commonly referred to as the ‘‘Three Quote
Rule’’), unless the member can establish and
document its reliance on the exclusions to the
Three Quote Rule. FINRA is proposing to replace
NASD Rule 3110(b) with a more general
documentation requirement in the supplementary
material to proposed FINRA Rule 5310. See
Regulatory Notice 08–80 (December 2008)
(Proposed FINRA Rule Addressing Best Execution).
NASD Rule 3110(i) (Holding of Customer Mail)
specifies the circumstances under which members
may hold mail for a customer. FINRA is proposing
that NASD Rule 3110(i) be rewritten as a standalone
rule and relocated to the supervision section of the
Consolidated FINRA Rulebook. See Regulatory
Notice 08–24 (May 2008) (Proposed Consolidated
FINRA Rules Governing Supervision and
Supervisory Controls).
5 For convenience, the Incorporated NYSE Rules
are referred to as the NYSE Rules.
6 NYSE Rule Interpretation 410(a)(ii)(5)/01 was
deleted as part of a prior rule change. See Securities
Exchange Act Release No. 61473 (February 2, 2010),
75 FR 6422 (February 9, 2010) (Order Approving
File No. SR–FINRA–2009–087).
E:\FR\FM\01NON1.SGM
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]]>Agencies
[Federal Register Volume 75, Number 210 (Monday, November 1, 2010)]
[Notices]
[Pages 67153-67155]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-27465]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-63177; File No. SR-ISE-2010-105]
Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change Relating to a Date for the Additional Expiration Months Pilot
Program
October 25, 2010.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on October 20, 2010, the International Securities Exchange, Inc. (the
``Exchange'' or ``ISE'') 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
Exchange. The
[[Page 67154]]
Exchange has designated the proposed rule change as one constituting a
stated policy, practice, or interpretation with respect to the meaning,
administration, or enforcement of an existing rule under Section
19(b)(3)(A)(i) of the Act \3\ and Rule 19b-4(f)(1) thereunder,\4\ which
renders the proposal effective upon filing with the Commission. 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.
\3\ 15 U.S.C. 78s(b)(3)(A)(i).
\4\ 17 CFR 240.19b-4(f)(1).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The ISE is proposing to make technical amendments to its rules to
insert the specific date for a pilot program. The text of the proposed
rule change is available on the Exchange's Web site (https://www.ise.com), at the principal office of the Exchange, 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
1. Purpose
The Exchange proposes to make technical amendments to its rules to
insert a specific date for a pilot program.
The Commission recently approved the Exchange's proposal to
establish a pilot program that would permit the Exchange to list up to
an additional two expiration months, for a total of six expiration
months for each class of options open for trading on the Exchange.\5\
This rule change proposes to amend the text of Supplementary Material
.08 to Rule 504 to insert the specific conclusion date of the pilot
program, which is October 31, 2011.\6\
---------------------------------------------------------------------------
\5\ See Securities Exchange Act Release No. 63104 (October 14,
2010), 75 FR 64773 (October 20, 2010) (Approving SR-ISE-2010-91).
\6\ Previously the rule text indicated that the Exchange would
insert the date 12 months from the next full month from approval,
which approval occurred on October 14, 2010. Id.
---------------------------------------------------------------------------
2. Statutory Basis
The proposed rule change is consistent with Section 6(b) \7\ of the
Securities Exchange Act of 1934 (the ``Act''), in general, and furthers
the objectives of Section 6(b)(5) \8\ in particular, in that it is
designed to prevent fraudulent and manipulative acts and practices, to
promote just and equitable principles of trade, to foster cooperation
and coordination with persons engaged in facilitating transactions in
securities, and to remove impediments to and perfect the mechanisms of
a free and open market and a national market system in a manner
consistent with the protection of investors and the public interest. In
particular, the proposed rule change seeks to update rule text to
insert specific dates for a pilot program in a manner that is
consistent with the original approval order of the pilot program.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78f(b).
\8\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The proposed rule change does not impose any burden on competition.
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 proposed rule change will take effect upon filing
with the Commission pursuant to Section 19(b)(3)(A)(i) of the Act \9\
and Rule 19b-4(f)(1) thereunder,\10\ because it constitutes a stated
policy, practice, or interpretation with respect to the meaning,
administration, or enforcement of an existing rule.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78s(b)(3)(A)(i).
\10\ 17 CFR 240.19b-4(f)(1).
---------------------------------------------------------------------------
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:
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-2010-105 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-2010-105. 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. 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-2010-105 and should be
submitted on or before November 22, 2010.
[[Page 67155]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-27465 Filed 10-29-10; 8:45 am]
BILLING CODE 8011-01-P
