Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of Proposed Rule Change To Amend FINRA Rule 6140 (Other Trading Practices), 69503-69505 [2010-28462]
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Federal Register / Vol. 75, No. 218 / Friday, November 12, 2010 / Notices
subscribers equally based on the
number of test ports subscribed. This
proposed charge would apply to both
members that obtain test ports for direct
access and non-member service bureaus
that act as a conduit for orders entered
by NASDAQ members that are their
customers. The proposed fees will cover
the costs associated with separately
offering the service, responding to
customer requests, configuring
NASDAQ’s systems, programming to
user specifications, and administering
the service, among other things, and
may provide NASDAQ with a profit to
the extent costs are covered. NASDAQ
believes that the proposed fee structure
strikes a balance between covering these
costs, and providing incentives to
subscribers to make efficient use of Test
Facility ports.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
Nasdaq does not believe that the
proposed rule change will result in any
burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act, as amended.
C. Self-Regulatory Organization’s
Statement on Comments Regarding the
Proposed Rule Change Received From
Members, Participants or Others
Written comments were neither
solicited nor received.
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
subparagraph (f)(2) of Rule 19b–4
thereunder.6 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.
mstockstill on DSKH9S0YB1PROD with NOTICES
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:
5 15
6 17
U.S.C. 78s(b)(3)(a)(ii).
CFR 240.19b–4(f)(2).
VerDate Mar<15>2010
17:23 Nov 10, 2010
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–NASDAQ–2010–145 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.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63256; File No. SR–FINRA–
2010–055]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing of
Proposed Rule Change To Amend
FINRA Rule 6140 (Other Trading
Practices)
November 5, 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
29, 2010, Financial Industry Regulatory
All submissions should refer to File
Authority, Inc. (‘‘FINRA’’) filed with the
Number SR–NASDAQ–2010–145. This
Securities and Exchange Commission
file number should be included on the
(the ‘‘Commission’’) the proposed rule
subject line if e-mail is used. To help the change as described in Items I, II, and
Commission process and review your
III below, which Items have been
comments more efficiently, please use
prepared by FINRA. The Commission is
only one method. The Commission will publishing this notice to solicit
post all comments on the Commission’s comments on the proposed rule change
Web site (https://www.sec.gov/rules/
from interested persons.
sro.shtml). Copies of the submission, all
I. Self-Regulatory Organization’s
subsequent amendments, all written
Statement of the Terms of Substance of
statements with respect to the proposed the Proposed Rule Change
rule change that are filed with the
FINRA is proposing to amend FINRA
Commission, and all written
Rule 6140 to eliminate the provisions
communications relating to the
regarding the handling of stop orders,
proposed rule change between the
delete definitions relating to stop stock
Commission and any person, other than
transactions and to relocate the
those that may be withheld from the
definition of ‘‘initial public offering.’’
public in accordance with the
The text of the proposed rule change
provisions of 5 U.S.C. 552, will be
is available on FINRA’s Web site at
available for Web site viewing and
https://www.finra.org, at the principal
printing in the Commission’s Public
office of FINRA and at the
Reference Room, 100 F Street, NE.,
Commission’s Public Reference Room.
Washington, DC 20549, on official
II. Self-Regulatory Organization’s
business days between the hours of 10
Statement of the Purpose of, and
a.m. and 3 p.m. Copies of such filing
Statutory Basis for, the Proposed Rule
also will be available for inspection and
Change
copying at the principal office of the
In its filing with the Commission,
Exchange. All comments received will
FINRA included statements concerning
be posted without change; the
the purpose of and basis for the
Commission does not edit personal
proposed rule change and discussed any
identifying information from
comments it received on the proposed
submissions. You should submit only
rule change. The text of these statements
information that you wish to make
may be examined at the places specified
publicly available. All submissions
in Item IV below. FINRA has prepared
should refer to File Number SR–
summaries, set forth in sections A, B,
NASDAQ–2010–145 and should be
and C below, of the most significant
submitted on or before December 3,
aspects of such statements.
2010.
A. Self-Regulatory Organization’s
For the Commission, by the Division of
Statement of the Purpose of, and the
Trading and Markets, pursuant to delegated
Statutory Basis for, the Proposed Rule
authority.7
Change
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–28466 Filed 11–10–10; 8:45 am]
BILLING CODE 8011–01–P
1. Purpose
FINRA Rule 6140(h) (the ‘‘Rule’’)
addresses the handling of stop orders in
1 15
7 17
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69503
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CFR 200.30–3(a)(12).
Frm 00108
Fmt 4703
2 17
Sfmt 4703
E:\FR\FM\12NON1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
12NON1
69504
Federal Register / Vol. 75, No. 218 / Friday, November 12, 2010 / Notices
mstockstill on DSKH9S0YB1PROD with NOTICES
NMS stocks, as defined in Rule
600(b)(47) of SEC Regulation NMS.3
Specifically, the Rule provides that
members may, but are not obligated to,
accept stop orders. The Rule further
provides that a stop order becomes a
market order (or a stop limit order
becomes a limit order) when a
transaction takes place at or above the
stop price (in the case of a buy stop
order) or at or below the stop price (in
the case of a sell stop order). Thus, as
defined in the Rule, a stop order cannot
be triggered by the publication of a
quotation at the stop price (only by a
transaction). However, members have
stated that they believe quotations may
be a better indicator of the current price
of a security than transactions, and
requested that FINRA provide members
the flexibility to determine whether the
trigger of a stop order will be based on
transactions or quotations in the subject
security at the stop price.
FINRA rules do not typically define
the parameters of the various order
types that members may accept and we
agree that members should have the
ability to define the triggering event for
stop orders as well as to design their
systems consistent with such
determination.4 Therefore, FINRA is
proposing to delete Rule 6140(h).
FINRA is also deleting Rule 6140(i),
which defines the terms ‘‘stop stock
price’’ and ‘‘stop stock transaction.’’
Members that also are members of
another self-regulatory organization
(‘‘SRO’’) will continue to be subject to
any applicable provisions adopted by
such other SRO with respect to the
handling of stop orders. FINRA expects
that, irrespective of whether a
transaction or quotation is used as the
trigger for a customer stop order, each
member will apply the approach
consistently firm-wide to all customer
orders and fully disclose its practice to
its customers.
FINRA also is proposing to move the
definition of ‘‘initial public offering’’
from Rule 6220 (Definitions) to Rule
6130 (Transactions Related to Initial
Public Offerings).5 FINRA is not
3 Stop buy orders generally are entered by
investors with short positions to limit losses should
the stock price increase. Stop sell orders generally
are entered in a stock whose price has increased
substantially in order to protect the investor’s
profits should the stock price decline.
4 These requirements were initially adopted by
NASD (and the national securities exchanges) in
1975. See Notice to Members 75–42 (June 10, 1975)
(Rules Governing Reporting of Transactions to
Consolidated Tape).
5 For the purposes of Rule 6130(a), ‘‘initial public
offering’’ means: (1) The offering of the security is
registered under the Securities Act; and (2) the
issuer of the security, immediately prior to filing
the registration statement with respect to such
VerDate Mar<15>2010
17:23 Nov 10, 2010
Jkt 223001
proposing substantive changes to the
definition of ‘‘initial public offering.’’
FINRA believes that Rule 6130 is the
more appropriate location for the
definition of ‘‘initial public offering’’ and
that relocating this definition, as
proposed, will reduce confusion for
members.
FINRA will announce the
implementation date of the proposed
rule change no later than 30 days
following Commission approval. The
implementation date will be no more
than 60 days following Commission
approval.
2. Statutory Basis
FINRA believes that the proposed rule
change is consistent with the provisions
of Section 15A(b)(6) of the Act,6 which
requires, among other things, that
FINRA rules must be designed to
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade and, in
general, to protect investors and the
public interest. FINRA believes that
adopting the proposed rule change will
provide members with the flexibility to
determine whether the execution of stop
orders will be triggered by transactions
or quotations in the subject security
without compromising investor
protection. In addition, FINRA believes
that relocating the definition of ‘‘initial
public offering’’ to Rule 6130 is
appropriate and will reduce member
confusion.
organization consents, the Commission
will:
(A) By order approve such proposed
rule change, or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
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–FINRA–2010–055 on the
subject line.
Paper Comments
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the self-regulatory
• 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–FINRA–2010–055. 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,7 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, 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 FINRA. All
comments received will be posted
without change; the Commission does
not edit personal identifying
information from submissions. You
should submit only information that
offering, was not subject to the reporting
requirements of Section 13 or 15(d) of the Act.
6 15 U.S.C. 78o–3(b)(6).
7 The text of the proposed rule change is available
on the Commission’s Web site at https://
www.sec.gov/rules/sro.shtml.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
FINRA does not believe that the
proposed rule change will result in 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
Written comments were neither
solicited nor received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
PO 00000
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Fmt 4703
Sfmt 4703
E:\FR\FM\12NON1.SGM
12NON1
69505
Federal Register / Vol. 75, No. 218 / Friday, November 12, 2010 / Notices
you wish to make available publicly. All
submissions should refer to File
Number SR–FINRA–2010–055 and
should be submitted on or before
December 3, 2010.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–28462 Filed 11–10–10; 8:45 am]
BILLING CODE 8011–01–P
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
28, 2010, The NASDAQ Stock Market
LLC (‘‘NASDAQ’’ or ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’)
the proposed rule change as described
in Items I, II, and III, below, which Items
have been prepared by the Exchange.
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
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63253; File No. SR–
NASDAQ–2010–144]
Self-Regulatory Organizations; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change by NASDAQ
Stock Market, LLC Relating To Access
Service Fees
November 5, 2010.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
The Exchange proposes to modify
Exchange Rule 7053, related to fees
governing pricing for NASDAQ
members using the NASDAQ Options
Market (‘‘NOM’’), NASDAQ’s facility for
executing and routing standardized
equity and index options. Specifically,
the Exchange proposes to adopt a tiered
fee structure for certain Access Services
fees.
While fee changes pursuant to this
proposal are effective upon filing, the
Exchange has designated these changes
to be operative on November 1, 2010.
The text of the proposed rule change
is set forth below. Proposed new text is
underlined and deleted text is in
brackets.
*
*
*
*
*
7053. NASDAQ Options Market—Access
Services
The following charges are assessed by
Nasdaq for connectivity to the NASDAQ
Options Market.
(a) Financial Information Exchange (FIX)
[Ports]
[Price]
[FIX Trading Port] .........
[FIX Port for Services
Other than Trading].
[$500/port/month].
[$500/port/month].
Ports
Quantity
FIX Trading Port ..................................................................
First 25 ports .......................................................................
Additional ports above 25 ...................................................
First 25 ports .......................................................................
Additional ports above 25 ...................................................
FIX Port for Services Other than Trading ............................
(b) TradeInfo
• Members not subscribing to the Nasdaq
Workstation using TradeInfo will be charged
a fee of $95 per user per month.
(c) Other Port Fees
The following port fees shall apply in
connection with the use of other trading
telecommunication protocols:
[• $500 per month for each port pair.]
Quantity
Price
First 25 ports ......
Additional ports
above 25.
$500 per month for each
port pair.
$250 per month for each
port pair.
mstockstill on DSKH9S0YB1PROD with NOTICES
*
*
*
*
*
The text of the proposed rule change
is available on the Exchange’s Web site
at https://
www.nasdaq.cchwallstreet.com, at the
principal office of the Exchange, and at
the Commission’s Public Reference
Room.
8 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
17:23 Nov 10, 2010
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
Jkt 223001
$500/port/month.
$250/port/month.
$500/port/month
$250/port/month.
Access Services, to create a tiered fee
structure for its Financial Information
Exchange (‘‘FIX’’) 3 Fees and Other Port
Fees 4 pricing.
Currently Rule 7053 contains fees
assessed by Nasdaq for connectivity to
NOM. Access Services fees relate to
ports used to: Enter orders into the
NASDAQ trading systems; receive
market data; and enter quotes.
The Exchange proposes to amend the
current FIX fees, which are currently
$500 per month/per port for a Fix
Trading Port or a FIX Port for Services
Other than Trading. The Exchange
proposes to assess the following tiered
fees:
1. Purpose
NASDAQ is proposing to amend Rule
7053, titled NASDAQ Options Market—
3 FIX is a protocol used by NOM market
participants for order entry, modification and
cancellation and message transmittal.
1 15
VerDate Mar<15>2010
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.
Price
PO 00000
Frm 00110
Fmt 4703
Sfmt 4703
4 Other Port Fees refer to non-Fix ports used by
NOM market participants for order entry and
quotes.
E:\FR\FM\12NON1.SGM
12NON1
]]>Agencies
[Federal Register Volume 75, Number 218 (Friday, November 12, 2010)]
[Notices]
[Pages 69503-69505]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-28462]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-63256; File No. SR-FINRA-2010-055]
Self-Regulatory Organizations; Financial Industry Regulatory
Authority, Inc.; Notice of Filing of Proposed Rule Change To Amend
FINRA Rule 6140 (Other Trading Practices)
November 5, 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 29, 2010, Financial Industry Regulatory Authority, Inc.
(``FINRA'') filed with the Securities and Exchange Commission (the
``Commission'') the proposed rule change as described in Items I, II,
and III 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.
---------------------------------------------------------------------------
\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
FINRA is proposing to amend FINRA Rule 6140 to eliminate the
provisions regarding the handling of stop orders, delete definitions
relating to stop stock transactions and to relocate the definition of
``initial public offering.''
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.
A. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change
1. Purpose
FINRA Rule 6140(h) (the ``Rule'') addresses the handling of stop
orders in
[[Page 69504]]
NMS stocks, as defined in Rule 600(b)(47) of SEC Regulation NMS.\3\
Specifically, the Rule provides that members may, but are not obligated
to, accept stop orders. The Rule further provides that a stop order
becomes a market order (or a stop limit order becomes a limit order)
when a transaction takes place at or above the stop price (in the case
of a buy stop order) or at or below the stop price (in the case of a
sell stop order). Thus, as defined in the Rule, a stop order cannot be
triggered by the publication of a quotation at the stop price (only by
a transaction). However, members have stated that they believe
quotations may be a better indicator of the current price of a security
than transactions, and requested that FINRA provide members the
flexibility to determine whether the trigger of a stop order will be
based on transactions or quotations in the subject security at the stop
price.
---------------------------------------------------------------------------
\3\ Stop buy orders generally are entered by investors with
short positions to limit losses should the stock price increase.
Stop sell orders generally are entered in a stock whose price has
increased substantially in order to protect the investor's profits
should the stock price decline.
---------------------------------------------------------------------------
FINRA rules do not typically define the parameters of the various
order types that members may accept and we agree that members should
have the ability to define the triggering event for stop orders as well
as to design their systems consistent with such determination.\4\
Therefore, FINRA is proposing to delete Rule 6140(h). FINRA is also
deleting Rule 6140(i), which defines the terms ``stop stock price'' and
``stop stock transaction.''
---------------------------------------------------------------------------
\4\ These requirements were initially adopted by NASD (and the
national securities exchanges) in 1975. See Notice to Members 75-42
(June 10, 1975) (Rules Governing Reporting of Transactions to
Consolidated Tape).
---------------------------------------------------------------------------
Members that also are members of another self-regulatory
organization (``SRO'') will continue to be subject to any applicable
provisions adopted by such other SRO with respect to the handling of
stop orders. FINRA expects that, irrespective of whether a transaction
or quotation is used as the trigger for a customer stop order, each
member will apply the approach consistently firm-wide to all customer
orders and fully disclose its practice to its customers.
FINRA also is proposing to move the definition of ``initial public
offering'' from Rule 6220 (Definitions) to Rule 6130 (Transactions
Related to Initial Public Offerings).\5\ FINRA is not proposing
substantive changes to the definition of ``initial public offering.''
FINRA believes that Rule 6130 is the more appropriate location for the
definition of ``initial public offering'' and that relocating this
definition, as proposed, will reduce confusion for members.
---------------------------------------------------------------------------
\5\ For the purposes of Rule 6130(a), ``initial public
offering'' means: (1) The offering of the security is registered
under the Securities Act; and (2) the issuer of the security,
immediately prior to filing the registration statement with respect
to such offering, was not subject to the reporting requirements of
Section 13 or 15(d) of the Act.
---------------------------------------------------------------------------
FINRA will announce the implementation date of the proposed rule
change no later than 30 days following Commission approval. The
implementation date will be no more than 60 days following Commission
approval.
2. Statutory Basis
FINRA believes that the proposed rule change is consistent with the
provisions of Section 15A(b)(6) of the Act,\6\ which requires, among
other things, that FINRA rules must be designed to prevent fraudulent
and manipulative acts and practices, to promote just and equitable
principles of trade and, in general, to protect investors and the
public interest. FINRA believes that adopting the proposed rule change
will provide members with the flexibility to determine whether the
execution of stop orders will be triggered by transactions or
quotations in the subject security without compromising investor
protection. In addition, FINRA believes that relocating the definition
of ``initial public offering'' to Rule 6130 is appropriate and will
reduce member confusion.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78o-3(b)(6).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
FINRA does not believe that the proposed rule change will result in
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
Written comments were neither solicited nor received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the self-regulatory organization consents, the Commission will:
(A) By order approve such proposed rule change, or
(B) Institute proceedings to determine whether the proposed rule
change should be disapproved.
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-FINRA-2010-055 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-FINRA-2010-055. 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,\7\ 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, 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 FINRA. All comments received
will be posted without change; the Commission does not edit personal
identifying information from submissions. You should submit only
information that
[[Page 69505]]
you wish to make available publicly. All submissions should refer to
File Number SR-FINRA-2010-055 and should be submitted on or before
December 3, 2010.
---------------------------------------------------------------------------
\7\ The text of the proposed rule change is available on the
Commission's Web site at https://www.sec.gov/rules/sro.shtml.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
---------------------------------------------------------------------------
\8\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-28462 Filed 11-10-10; 8:45 am]
BILLING CODE 8011-01-P
