Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Related to Market Maker Tier Appointment Cost for SPX, 68015-68017 [2010-27858]
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Federal Register / Vol. 75, No. 213 / Thursday, November 4, 2010 / Notices
FICC states that the proposed rule
change is consistent with the
requirements of Section 17A of the Act 4
and the rules and regulations
thereunder because the DTCC GCF Repo
Index provides additional transparency
to the funding market by making data
available that is generated by GSD’s GCF
Repo product.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
FICC does not believe that the
proposed rule change will have any
impact or impose any burden on
competition.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received from
Members, Participants, or Others
FICC has not solicited or received
written comments relating to the
proposed rule change. FICC will notify
the Commission of any comments it
receives.
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)(A)(ii) of the Act 5 and Rule 19b–
4(f)(2) 6 because the proposed rule
change establishes or changes a due, fee,
or other charge applicable only to a
member. 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
Paper Comments
• Send paper comments in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
Station Place, 100 F Street, NE.,
Washington, DC 20549–1090.
All submissions should refer to File No.
SR–FICC–2010–07. 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 filings
also will be available for inspection and
copying at FICC’s principal office and
on FICC’s Web site at https://ficc.com/
gov/gov.docs.jsp?NS-query=#rf. 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
submission should refer to File No. SR–
FICC–2010–07 and should be submitted
on or before November 26, 2010.
For the Commission by the Division of
Trading and Markets pursuant to delegated
authority.7
Florence E. Harmon,
Deputy Secretary.
Electronic Comments
jlentini on DSKJ8SOYB1PROD with NOTICES
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:
BILLING CODE 8011–01–P
[FR Doc. 2010–27860 Filed 11–3–10; 8:45 am]
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml) or
• Send an e-mail to rulecomments@sec.gov. Please include File
No. SR–FICC–2010–07 on the subject
line.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63213; File No. SR–CBOE–
2010–098]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Related to Market Maker
Tier Appointment Cost for SPX
October 29, 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 October
25, 2010, the Chicago Board Options
Exchange, Incorporated (‘‘Exchange’’ or
‘‘CBOE’’) 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 Exchange filed the
proposal as a ‘‘non-controversial’’
proposed rule change pursuant to
Section 19(b)(3)(A)(iii) of the Act 3 and
Rule 19b–4(f)(6) thereunder.4 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
CBOE rules relating to the appointment
cost for options on the Standard and
Poor’s 500 Index (SPX). The text of the
proposed rule change is available on the
Exchange’s Web site (https://
www.cboe.org/Legal), at the Exchange’s
Office of the Secretary, 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.
1 15
U.S.C. 78q–1.
5 Supra note 2.
6 Supra note 3.
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
4 15
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7 17
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Federal Register / Vol. 75, No. 213 / Thursday, November 4, 2010 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
jlentini on DSKJ8SOYB1PROD with NOTICES
The purpose of this rule change is to
amend CBOE Rule 8.3, Appointment of
Market-Makers, to revise the
appointment cost for SPX options.
Specifically, CBOE is proposing to
amend Rule 8.3(c)(iii) to increase the
appointment cost for SPX from .95 to
1.0. Among other reasons, the Exchange
believes the appointment cost change is
reasonable in light of the planned
introduction of a multi-platform feature
to SPX (discussed below).
By way of background, CBOE
currently operates the Hybrid Trading
System and the Hybrid 3.0 Platform.5
The particular trading platform on
which index options and options on
exchange-traded funds (‘‘ETFs’’) are
traded are designated by the Exchange
on a class-by-class basis pursuant to
Rule 8.14, Index Hybrid Trading System
Classes: Market-Maker Participants.
However, CBOE recently submitted a
rule change to amend Rule 8.14 to
provide that, for each Hybrid 3.0 class,
the Exchange may determine to
authorize a group of series of the class
for trading on the Hybrid Trading
System.6
Currently, all series of the SPX option
class trade on the Hybrid 3.0 Platform.
Pursuant to Rule 8.14, as amended, the
Exchange may determine to designate a
group of series in the SPX index option
class for trading on the Hybrid Trading
System. In conjunction with this
change, the Exchange is proposing to
increase the SPX appointment cost from
.95 back to 1.0 effective December 1,
2010.7 The appointment cost would
confer the right to trade in open outcry
the SPX series that are traded on the
Hybrid 3.0 Platform and also confer the
right to trade any group of series of SPX
that the exchange may determine to
authorize for trading on the Hybrid
Trading System pursuant to Rule 8.14,
as amended.
5 The ‘‘Hybrid Trading System’’ refers to the
Exchange’s trading platform that allows MarketMakers to submit electronic quotes in their
appointed classes. The ‘‘Hybrid 3.0 Platform’’ is an
electronic trading platform on the Hybrid Trading
System that allows one or more quoters to submit
electronic quotes which represent the aggregate
Market-Maker quoting interest in the series for the
trading crowd. See Rule 1.1(aaa).
6 See SR–CBOE–2010–095.
7 The Exchange notes that the appointment cost
for SPX had previously been 1.0. See Securities
Exchange Act Release No. 57752 (May 1, 2008),
73 FR 25813 (May 7, 2008) (SR–CBOE–2008–051)
(immediately effective rule change that changed the
SPX appointment cost from 1.0 to .95).
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16:47 Nov 03, 2010
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2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the Act
and the rules and regulations under the
Act applicable to a national securities
exchange and, in particular, the
requirements of Section 6(b) of the Act.8
Specifically, the Exchange believes the
proposed rule change is consistent with
the Section 6(b)(5) Act 9 requirements
that the rules of an exchange be
designed to promote just and equitable
principles of trade, to prevent
fraudulent and manipulative acts and,
in general, to protect investors and the
public interest. Among other reasons,
the Exchange believes that the
appointment cost change for SPX is
reasonable in light of the introduction of
the multi-platform feature to SPX.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CBOE 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
The Exchange neither solicited nor
received comments on the proposal.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (i) Significantly affect
the protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative prior to 30 days from the date
on which it was filed, or such shorter
time as the Commission may designate
if consistent with the protection of
investors and the public interest, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 10 and Rule 19b–4(f)(6)(iii)
thereunder.11
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
8 15
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
10 15 U.S.C. 78s(b)(3)(A).
11 17 CFR 240.19b–4(f)(6)(iii). In addition, Rule
19b–4(f)(6)(iii) requires the self-regulatory
organization to give the Commission notice of its
intent to file the proposed rule change, along with
a brief description and text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission.
CBOE has satisfied this requirement.
9 15
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Frm 00072
Fmt 4703
Sfmt 4703
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–CBOE–2010–098 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–CBOE–2010–098. 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
self-regulatory organization. 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–CBOE–2010–098 and
should be submitted on or before
November 26, 2010.
E:\FR\FM\04NON1.SGM
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Federal Register / Vol. 75, No. 213 / Thursday, November 4, 2010 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Florence E. Harmon,
Deputy Secretary.
Dated: October 21, 2010.
Hillary Rodham Clinton,
Secretary of State.
[FR Doc. 2010–27785 Filed 11–3–10; 8:45 am]
BILLING CODE 4710–10–P
[FR Doc. 2010–27858 Filed 11–3–10; 8:45 am]
DEPARTMENT OF STATE
[Public Notice 7223]
[Public Notice 7222]
jlentini on DSKJ8SOYB1PROD with NOTICES
Designation of Jundallah, Also Known
as People’s Resistance Movement of
Iran (PMRI), Also Known as Jonbeshi Moqavemat-i-Mardom-i Iran, Also
Known as The Popular Resistance
Movement of Iran, Also Known as
Soldiers of God, Also Known as
Fedayeen-e-Islam, Also Known as
Former Jundallah of Iran, Also Known
as Jundullah, Also Known as
Jondullah, Also Known as Jundollah,
Also Known as Jondollah, Also Known
as Jondallah, Also Known as Army of
God (God’s Army), Also Known as the
Baloch Peoples Resistance Movement
(BPRM), as a Foreign Terrorist
Organization Pursuant to Section 219
of the Immigration and Nationality Act,
as Amended
Based upon a review of the
Administrative Record assembled in
this matter, and in consultation with the
Attorney General and the Secretary of
the Treasury, I conclude that there is a
sufficient factual basis to find that the
relevant circumstances described in
section 219 of the Immigration and
Nationality Act, as amended (hereinafter
‘‘INA’’) (8 U.S.C. 1189), exist with
respect to Jundallah, also known as
People’s Resistance Movement of Iran
(PMRI), also known as Jonbesh-i
Moqavemat-i-Mardom-i Iran, also
known as The Popular Resistance
Movement of Iran, also known as
Soldiers of God, also known as
Fedayeen-e-Islam, also known as
Former Jundallah of Iran, also known as
Jundullah, also known as Jondullah,
also known as Jundollah, also known as
Jondollah, also known as Jondallah, also
known as Army of God (God’s Army)
and also known as the Baloch Peoples
Resistance Movement (BPRM).
Therefore, I hereby designate the
aforementioned organization and its
aliases as a Foreign Terrorist
Organization pursuant to section 219 of
the INA.
This determination shall be published
in the Federal Register.
12 17
CFR 200.30–3(a)(12).
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16:47 Nov 03, 2010
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Designation of Jundallah, Also Known
as People’s Resistance Movement of
Iran (PMRI), Also Known as Jonbeshi Moqavemat-i-Mardom-i Iran, Also
Known as Popular Resistance
Movement of Iran, Also Known As
Soldiers of God, Also Known as
Fedayeen-e-Islam, Also Known as
Former Jundallah of Iran, Also Known
as Jundullah, Also Known as
Jondullah, Also Known as Jundollah,
Also Known as Jondollah, Also Known
as Jondallah, Also Known as Army of
God (God’s Army), Also Known as the
Baloch Peoples Resistance Movement
(BPRM), as a Specially Designated
Global Terrorist Pursuant to Section
1(b) of Executive Order 13224, as
Amended
Acting under the authority of and in
accordance with section 1(b) of
Executive Order 13224 of September 23,
2001, as amended by Executive Order
13268 of July 2, 2002, and Executive
Order 13284 of January 23, 2003, I
hereby determine that the organization
known as also known as Jundallah, and
also known as People’s Resistance
Movement of Iran (PMRI), also known
as Jonbesh-i Moqavemat-i-Mardom-iIran, also known as Popular Resistance
Movement of Iran, also known as
Soldiers of God, also known as
Fedayeen-e-Islam, also known as
Former Jundallah of Iran, also known as
Jundullah, also known as Jondullah,
also known as Jundollah, also known as
Jondollah, also known as Jondallah, also
known as Army of God (God’s Army)
and also known as the Baloch Peoples
Resistance Movement (BPRM)
committed, or poses a significant risk of
committing, acts of terrorism that
threaten the security of U.S. nationals or
the national security, foreign policy, or
economy of the United States.
Consistent with the determination in
section 10 of Executive Order 13224 that
‘‘prior notice to persons determined to
be subject to the Order who might have
a constitutional presence in the United
States would render ineffectual the
blocking and other measures authorized
in the Order because of the ability to
transfer funds instantaneously,’’ I
determine that no prior notice needs to
be provided to any person subject to this
determination who might have a
PO 00000
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constitutional presence in the United
States, because to do so would render
ineffectual the measures authorized in
the Order.
This notice shall be published in the
Federal Register.
Dated: October 21, 2010.
Hillary Rodham Clinton,
Secretary of State, Department of State.
BILLING CODE 8011–01–P
DEPARTMENT OF STATE
68017
[FR Doc. 2010–27787 Filed 11–3–10; 8:45 am]
BILLING CODE 4710–10–P
DEPARTMENT OF TRANSPORTATION
Office of the Secretary of
Transportation
[DOT Docket No. DOT–OST–2010–0074]
The Future of Aviation Advisory
Committee (FAAC) Environment
Subcommittee; Notice of Meeting
Office of the Secretary of
Transportation, U.S. Department of
Transportation.
ACTION: The Future of Aviation
Advisory Committee (FAAC)
Environment Subcommittee; Notice of
Federal Advisory Committee Meeting.
AGENCY:
The Department of
Transportation (DOT), Office of the
Secretary of Transportation, announces
a meeting of the FAAC Environment
Subcommittee, which will be held by
teleconference. This notice announces
the date and time of the meeting, which
will be open to the public. The purpose
of the FAAC is to provide advice and
recommendations to the Secretary of
Transportation to ensure the
competitiveness of the U.S. aviation
industry and its capability to manage
effectively the evolving transportation
needs, challenges, and opportunities of
the global economy. The Environment
Subcommittee is charged with
examining steps and strategies that can
be taken by aviation-sector stakeholders
and the Federal Government to reduce
aviation’s environmental footprint and
foster sustainability gains in costeffective ways. This includes
consideration of potential approaches to
promote effective international actions
through the International Civil Aviation
Organization.
DATES: The meeting will be held on
November 16, 2010, from 9 a.m. to 12
p.m. Eastern Standard Time.
ADDRESSES: The meeting will be held
via teleconference. Call-in information
will be provided to members of the
public who register to participate.
Public Access: The meeting is open to
the public. (See below for registration
instructions.)
SUMMARY:
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]]>Agencies
[Federal Register Volume 75, Number 213 (Thursday, November 4, 2010)]
[Notices]
[Pages 68015-68017]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-27858]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-63213; File No. SR-CBOE-2010-098]
Self-Regulatory Organizations; Chicago Board Options Exchange,
Incorporated; Notice of Filing and Immediate Effectiveness of Proposed
Rule Change Related to Market Maker Tier Appointment Cost for SPX
October 29, 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 October 25, 2010, the Chicago Board Options Exchange,
Incorporated (``Exchange'' or ``CBOE'') 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 Exchange filed the proposal as a ``non-
controversial'' proposed rule change pursuant to Section
19(b)(3)(A)(iii) of the Act \3\ and Rule 19b-4(f)(6) thereunder.\4\ 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)(iii).
\4\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to amend CBOE rules relating to the
appointment cost for options on the Standard and Poor's 500 Index
(SPX). The text of the proposed rule change is available on the
Exchange's Web site (https://www.cboe.org/Legal), at the Exchange's
Office of the Secretary, 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.
[[Page 68016]]
A. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change
1. Purpose
The purpose of this rule change is to amend CBOE Rule 8.3,
Appointment of Market-Makers, to revise the appointment cost for SPX
options. Specifically, CBOE is proposing to amend Rule 8.3(c)(iii) to
increase the appointment cost for SPX from .95 to 1.0. Among other
reasons, the Exchange believes the appointment cost change is
reasonable in light of the planned introduction of a multi-platform
feature to SPX (discussed below).
By way of background, CBOE currently operates the Hybrid Trading
System and the Hybrid 3.0 Platform.\5\ The particular trading platform
on which index options and options on exchange-traded funds (``ETFs'')
are traded are designated by the Exchange on a class-by-class basis
pursuant to Rule 8.14, Index Hybrid Trading System Classes: Market-
Maker Participants. However, CBOE recently submitted a rule change to
amend Rule 8.14 to provide that, for each Hybrid 3.0 class, the
Exchange may determine to authorize a group of series of the class for
trading on the Hybrid Trading System.\6\
---------------------------------------------------------------------------
\5\ The ``Hybrid Trading System'' refers to the Exchange's
trading platform that allows Market-Makers to submit electronic
quotes in their appointed classes. The ``Hybrid 3.0 Platform'' is an
electronic trading platform on the Hybrid Trading System that allows
one or more quoters to submit electronic quotes which represent the
aggregate Market-Maker quoting interest in the series for the
trading crowd. See Rule 1.1(aaa).
\6\ See SR-CBOE-2010-095.
---------------------------------------------------------------------------
Currently, all series of the SPX option class trade on the Hybrid
3.0 Platform. Pursuant to Rule 8.14, as amended, the Exchange may
determine to designate a group of series in the SPX index option class
for trading on the Hybrid Trading System. In conjunction with this
change, the Exchange is proposing to increase the SPX appointment cost
from .95 back to 1.0 effective December 1, 2010.\7\ The appointment
cost would confer the right to trade in open outcry the SPX series that
are traded on the Hybrid 3.0 Platform and also confer the right to
trade any group of series of SPX that the exchange may determine to
authorize for trading on the Hybrid Trading System pursuant to Rule
8.14, as amended.
---------------------------------------------------------------------------
\7\ The Exchange notes that the appointment cost for SPX had
previously been 1.0. See Securities Exchange Act Release No. 57752
(May 1, 2008), 73 FR 25813 (May 7, 2008) (SR-CBOE-2008-051)
(immediately effective rule change that changed the SPX appointment
cost from 1.0 to .95).
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Act and the rules and regulations under the Act applicable to a
national securities exchange and, in particular, the requirements of
Section 6(b) of the Act.\8\ Specifically, the Exchange believes the
proposed rule change is consistent with the Section 6(b)(5) Act \9\
requirements that the rules of an exchange be designed to promote just
and equitable principles of trade, to prevent fraudulent and
manipulative acts and, in general, to protect investors and the public
interest. Among other reasons, the Exchange believes that the
appointment cost change for SPX is reasonable in light of the
introduction of the multi-platform feature to SPX.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78f(b).
\9\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
CBOE 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
The Exchange neither solicited nor received comments on the
proposal.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule change does not: (i)
Significantly affect the protection of investors or the public
interest; (ii) impose any significant burden on competition; and (iii)
become operative prior to 30 days from the date on which it was filed,
or such shorter time as the Commission may designate if consistent with
the protection of investors and the public interest, the proposed rule
change has become effective pursuant to Section 19(b)(3)(A) of the Act
\10\ and Rule 19b-4(f)(6)(iii) thereunder.\11\
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(3)(A).
\11\ 17 CFR 240.19b-4(f)(6)(iii). In addition, Rule 19b-
4(f)(6)(iii) requires the self-regulatory organization to give the
Commission notice of its intent to file the proposed rule change,
along with a brief description and text of the proposed rule change,
at least five business days prior to the date of filing of the
proposed rule change, or such shorter time as designated by the
Commission. CBOE has satisfied this requirement.
---------------------------------------------------------------------------
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-CBOE-2010-098 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-CBOE-2010-098. 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 self-regulatory
organization. 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-
CBOE-2010-098 and should be submitted on or before November 26, 2010.
[[Page 68017]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
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\12\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-27858 Filed 11-3-10; 8:45 am]
BILLING CODE 8011-01-P
