Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Network Fees, 21416-21418 [2011-9121]
Download as PDF
<![CDATA[
21416
Federal Register / Vol. 76, No. 73 / Friday, April 15, 2011 / Notices
board of directors (including a majority
of the directors who are not interested
persons of the fund) finds to be not
material. Accordingly, we estimate that
annually there will be no transactions
under rule 17d–1 that will result in this
aspect of the collection of information.
Based on these calculations, the total
annual hour burden is estimated to be
1,232 hours and the total annual cost
burden is estimated to be $745,048.
The estimate of average burden hours
is made solely for the purposes of the
Paperwork Reduction Act. The estimate
is not derived from a comprehensive or
even a representative survey or study of
the costs of Commission rules.
Complying with these collections of
information requirements is necessary
to obtain the benefit of relying on rule
17d–1. Responses will not be kept
confidential. An agency may not
conduct or sponsor, and a person is not
required to respond to, a collection of
information unless it displays a
currently valid control number.
The public may view the background
documentation for this information
collection at the following Web site,
http//www.reginfo.gov. Comments
should be directed to: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10102,
New Executive Office Building,
Washington, DC 20503, or by sending an
e-mail to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
April 11, 2011.
Cathy H. Ahn,
Deputy Secretary.
[FR Doc. 2011–9189 Filed 4–14–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
srobinson on DSKHWCL6B1PROD with NOTICES
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: U.S. Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 104; SEC File No. 270–411; OMB
Control No. 3235–0465.
VerDate Mar<15>2010
16:58 Apr 14, 2011
Jkt 223001
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the existing collection of
information provided for in the
following rule: Rule 104 of Regulation
M (17 CFR 242.104).
Rule 104 permits stabilizing by a
distribution participant during a
distribution so long as the distribution
participant discloses information to the
market and investors. This rule requires
disclosure in offering materials of the
potential stabilizing transactions and
that the distribution participant inform
the market when a stabilizing bid is
made. It also requires the distribution
participants (i.e. the syndicate manager)
to maintain information regarding
syndicate covering transactions and
penalty bids.
There are approximately 745
respondents per year that require an
aggregate total of 149 hours to comply
with this rule. Each respondent makes
an estimated 1 annual response. Each
response takes approximately 0.20
hours (12 minutes) to complete. Thus,
the total compliance burden per year is
149 burden hours. The total internal
labor compliance cost for the
respondents is approximately $9,983.00,
resulting in an estimate of $13.40 (i.e.,
$9,983.00/745 responses) per response.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid
control number. Background
documentation for this information
collection may be viewed at the
following link, https://www.reginfo.gov.
Comments should be directed to (i)
Desk Officer for the Securities and
Exchange Commission, Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Room 10102, New Executive Office
Building, Washington, DC 20503 or by
sending an e-mail to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted within 30 days of this
notice.
April 11, 2011.
Cathy H. Ahn,
Deputy Secretary.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–64292; File No. SR–ISE–
2011–22]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change Relating to Network Fees
April 11, 2011.
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 April 7,
2011, the International Securities
Exchange, LLC (the ‘‘Exchange’’ or the
‘‘ISE’’) filed with the Securities and
Exchange Commission the proposed
rule change, as described in Items I, II,
and III below, which items have been
prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The ISE is proposing to adopt fees for
a 10 Gigabit network connection. 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 purpose of this proposed rule
change is to amend the Exchange’s
Schedule of Fees to adopt fees for a 10
Gigabit (GB) network connection. The
Exchange currently has a tiered
[FR Doc. 2011–9188 Filed 4–14–11; 8:45 am]
1 15
BILLING CODE 8011–01–P
2 17
PO 00000
Frm 00099
Fmt 4703
Sfmt 4703
E:\FR\FM\15APN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
15APN1
Federal Register / Vol. 76, No. 73 / Friday, April 15, 2011 / Notices
srobinson on DSKHWCL6B1PROD with NOTICES
structure for the Ethernet/Managed
Service Provider fee charged to
Members. The Ethernet/Managed
Service Provider fee is a fee charged to
ISE Members to access the ISE’s trading
system via an Ethernet connection or via
a third-party managed service provider.
The Ethernet/Managed Service Provider
connection carries the same information
(such as quotation and trade
information) as other forms of
connection (such as T–1 and T–3 pointto-point connections).
An Ethernet/Managed Service
Provider connection enables users to
acquire bandwidth in megabit
increments. The Exchange currently
charges Members $100 per month for a
member’s purchase of up to 10 Megabits
(MBs) of connection speed, $250 per
month for the purchase of 11–100 MBs
of connection speed and $500 per
month for the purchase of 101 MBs—
1 GB of connection speed. These fees
are charged on a per connection basis.
The Exchange is scheduled to launch
an enhanced trading platform called
Optimise on April 11, 2011. Upon
transitioning to the Optimise trading
platform, ISE will offer a new network
connectivity option for Members. One of
the many perceived advantages that the
Optimise trading platform will offer is
greatly improved capacity and
throughput. To allow Members to
maximize Optimise’s low latency, ISE
will offer a connectivity option of 10
GBs. ISE proposes to charge Members a
fee of $4,000 per month for this 10 GB
connection. ISE will retain the current
Ethernet connectivity options that are
available to Members today.
Once Optimise is rolled out, and until
the Exchange has fully transitioned from
the current trading platform to the
Optimise trading platform, market
makers will be required to maintain
connections to both trading systems.
Therefore, ISE proposes to waive the
new 10 GB fee for all members until the
migration is entirely completed. The
Exchange notes that the fees proposed
herein are intended to cover and are
reasonably related to ISE’s costs of
rolling out and supporting the new
service.
The Exchange has designated this
proposal to be operative on April 11,
2011.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the provisions of Section 6 of the Act,3
in general, and with Section 6(b)(4) of
the Act,4 in particular, in that it
3 15
4 15
U.S.C. 78f .
U.S.C. 78f(b)(4).
VerDate Mar<15>2010
16:58 Apr 14, 2011
Jkt 223001
provides for the equitable allocation of
reasonable dues, fees and other charges
among Exchange members and other
persons using its facilities. In particular,
the proposed rule change will provide
greater transparency into the
connectivity options available to market
participants. The proposed rule change
treats similarly situated Members in the
same manner by assessing the same fees
to all Members based on their
connectivity needs. The Exchange notes
that the 10 GB connectivity option
proposed herein is similar to that
currently in place at other exchanges.
For example, NASDAQ OMX PHLX,
Inc. (‘‘PHLX’’), NASDAQ OMX BX, Inc.
(‘‘BX’’) and the NASDAQ Stock Market
LLC (‘‘NASDAQ’’) each offer a 10GB
network connection option to their
members, albeit at a higher cost than
that proposed by ISE.5
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)(A)(ii) of the Act.6 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. If the Commission
takes such action, the Commission shall
institute proceedings to determine
whether the proposed rule should be
approved or disapproved.
5 See Exchange Act Release Nos. 62639 (August
4, 2010), 75 FR 48391 (August 10, 2010) (SR–
PHLX–2010–89); 62969 (September 22, 2010), 75
FR 59777 (September 28, 2010) (SR–BX–2010–064);
and 62663 (August 9, 2010), 75 FR 49543 (August
13, 2010) (SR–NASDAQ–2010–077). PHLX, BX and
NASDAQ each charges $5,000 per month for a 10
GB connection.
6 15 U.S.C. 78s(b)(3)(A)(ii).
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
21417
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
No. SR–ISE–2011–22 on the subject
line.
Paper Comments
• Send paper comments in triplicate
to Elizabeth Murphy, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File
Number SR–ISE–2011–22. 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. Copies of such filing
also will be available for inspection and
copying at the principal office of the
ISE. 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–2011–22 and should be
submitted by May 6, 2011.
E:\FR\FM\15APN1.SGM
15APN1
21418
Federal Register / Vol. 76, No. 73 / Friday, April 15, 2011 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Cathy Ahn,
Deputy Secretary.
[FR Doc. 2011–9121 Filed 4–14–11; 8:45 am]
BILLING CODE 8011–01–P
OFFICE OF THE UNITED STATES
TRADE REPRESENTATIVE
Fiscal Year 2011 Allocation of
Additional Tariff-Rate Quota Volume
for Raw Cane Sugar and Reallocation
of Unused Fiscal Year 2011 Tariff-Rate
Quota Volume for Raw Cane Sugar
which the United States has already
committed to pursuant to the World
Trade Organization (WTO) Uruguay
Round Agreements (1,117,195 MTRV as
announced by Federal Register notice
on August 5, 2010). Finally, USTR has
determined to reallocate 102,177 MTRV
of the minimum amount of the original
TRQ for raw cane sugar from countries
that have stated they will be unable to
fill previously allocated FY 2011 raw
sugar TRQ quantities. USTR is
allocating this total quantity of 397,012
MTRV to the following countries in the
amounts specified below:
The Office of the United
States Trade Representative (USTR) is
providing notice of country-by-country
allocations of additional Fiscal Year
(FY) 2011 in-quota quantity of the tariffrate quota (TRQ) for imported raw cane
sugar and of country-by-country
reallocations of the FY 2011 in-quota
quantity of the tariff-rate quota for
imported raw cane sugar.
DATES: Effective Date: April 15, 2011.
ADDRESSES: Inquiries may be mailed or
delivered to Ann Heilman-Dahl,
Director of Agricultural Affairs, Office of
Agricultural Affairs, Office of the United
States Trade Representative, 600 17th
Street, NW., Washington, DC 20508.
FOR FURTHER INFORMATION CONTACT: Ann
Heilman-Dahl, Office of Agricultural
Affairs, 202–395–6127.
SUPPLEMENTARY INFORMATION: Pursuant
to Additional U.S. Note 5 to Chapter 17
of the Harmonized Tariff Schedule of
the United States (HTS), the United
States maintains TRQs for imports of
raw cane and refined sugar.
Section 404(d)(3) of the Uruguay
Round Agreements Act (19 U.S.C.
3601(d)(3)) authorizes the President to
allocate the in-quota quantity of a TRQ
for any agricultural product among
supplying countries or customs areas.
The President delegated this authority
to the United States Trade
Representative under Presidential
Proclamation 6763 (60 FR 1007).
On April 11, 2011, The Secretary of
Agriculture announced an additional inquota quantity of the TRQ for raw cane
sugar for the remainder of FY 2011
(ending September 30, 2011) in the
amount of 294,835 metric tons, raw
value (MTRV). This quantity is in
addition to the minimum amount to
srobinson on DSKHWCL6B1PROD with NOTICES
SUMMARY:
7 17
Combined FY
2011 re-allocation
and increase
Country
Office of the United States
Trade Representative.
ACTION: Notice.
AGENCY:
Argentina ........................
Australia ..........................
Belize ..............................
Bolivia .............................
Brazil ...............................
Colombia .........................
Costa Rica ......................
Dominican Republic ........
Ecuador ..........................
El Salvador .....................
Guatemala ......................
Guyana ...........................
Honduras ........................
India ................................
Jamaica ..........................
Malawi .............................
Mauritius .........................
Mozambique ...................
Nicaragua .......................
Panama ..........................
Peru ................................
Philippines ......................
South Africa ....................
Swaziland .......................
Thailand ..........................
Zimbabwe .......................
These allocations are based on the
countries’ historical shipments to the
United States. The allocations of the raw
cane sugar TRQ to countries that are net
importers of sugar are conditioned on
receipt of the appropriate verifications
of origin and certificates for quota
eligibility must accompany imports
from any country for which an
allocation has been provided.
Conversion factor: 1 metric ton =
1.10231125 short tons.
Ronald Kirk,
United States Trade Representative.
[FR Doc. 2011–9163 Filed 4–14–11; 8:45 am]
BILLING CODE 3190–W1–P
CFR 200.30–3(a)(12).
VerDate Mar<15>2010
16:58 Apr 14, 2011
Jkt 223001
21,395
41,299
5,474
3,980
72,148
11,941
7,463
20,000
5,474
12,937
23,884
5,971
5,000
3,980
5,000
4,976
2,000
6,469
10,449
14,430
20,400
60,000
11,444
7,961
6,966
5,971
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
DEPARTMENT OF TRANSPORTATION
Office of the Secretary
Notice of Applications for Certificates
of Public Convenience and Necessity
and Foreign Air Carrier Permits Filed
Under Subpart B (Formerly Subpart Q)
During the Week Ending April 2, 2011
The following Applications for
Certificates of Public Convenience and
Necessity and Foreign Air Carrier
Permits were filed under Subpart B
(formerly Subpart Q) of the Department
of Transportation’s Procedural
Regulations (See 14 CFR 301.201 et
seq.). The due date for Answers,
Conforming Applications, or Motions to
Modify Scope are set forth below for
each application. Following the Answer
period DOT may process the application
by expedited procedures. Such
procedures may consist of the adoption
of a show-cause order, a tentative order,
or in appropriate cases a final order
without further proceedings.
Docket Number: DOT–OST–2011–
0067.
Date Filed: March 28, 2011.
Due Date for Answers, Conforming
Applications, or Motion to Modify
Scope: April 18, 2011.
Description: Application of PrivaJet
Ltd (‘‘PrivaJet’’) requesting an exemption
and a foreign air carrier permit
permitting PrivaJet to conduct charter
foreign air transportation of persons,
property, and mail to the full extent
authorized by the Air Transport
Agreement between the United States
and the European Community and the
Member States of the European
Community (‘‘U.S.-E.U. Agreement’’).
PrivaJet requests authority to the extent
necessary for it to engage in: (i) Charter
foreign air transportation of persons,
property, and mail between any point or
points behind any Member State of the
European Union via any point or points
in any Member State and via
intermediate points to any point or
point in the United States or beyond;
(ii) charter foreign air transportation of
persons, property, and mail between
any point or points in the United States
and any point or points in any Member
of the European Common Aviation
Area; (iii) other charters pursuant to the
prior approval requirements; and (iv)
transportation authorized by any
additional route rights that may be made
available to European Union carriers in
the future. PrivaJet also requests an
exemption to the extent necessary to
enable it to provide the service
described above pending issuance of
PrivaJet’s foreign air carrier permit and
E:\FR\FM\15APN1.SGM
15APN1
]]>Agencies
[Federal Register Volume 76, Number 73 (Friday, April 15, 2011)]
[Notices]
[Pages 21416-21418]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-9121]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-64292; File No. SR-ISE-2011-22]
Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change Relating to Network Fees
April 11, 2011.
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 April 7, 2011, the International Securities Exchange, LLC (the
``Exchange'' or the ``ISE'') filed with the Securities and Exchange
Commission the proposed rule change, as described in Items I, II, and
III below, which items have been prepared by the self-regulatory
organization. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The ISE is proposing to adopt fees for a 10 Gigabit network
connection. 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 purpose of this proposed rule change is to amend the Exchange's
Schedule of Fees to adopt fees for a 10 Gigabit (GB) network
connection. The Exchange currently has a tiered
[[Page 21417]]
structure for the Ethernet/Managed Service Provider fee charged to
Members. The Ethernet/Managed Service Provider fee is a fee charged to
ISE Members to access the ISE's trading system via an Ethernet
connection or via a third-party managed service provider. The Ethernet/
Managed Service Provider connection carries the same information (such
as quotation and trade information) as other forms of connection (such
as T-1 and T-3 point-to-point connections).
An Ethernet/Managed Service Provider connection enables users to
acquire bandwidth in megabit increments. The Exchange currently charges
Members $100 per month for a member's purchase of up to 10 Megabits
(MBs) of connection speed, $250 per month for the purchase of 11-100
MBs of connection speed and $500 per month for the purchase of 101
MBs-- 1 GB of connection speed. These fees are charged on a per
connection basis.
The Exchange is scheduled to launch an enhanced trading platform
called Optimise on April 11, 2011. Upon transitioning to the Optimise
trading platform, ISE will offer a new network connectivity option for
Members. One of the many perceived advantages that the Optimise trading
platform will offer is greatly improved capacity and throughput. To
allow Members to maximize Optimise's low latency, ISE will offer a
connectivity option of 10 GBs. ISE proposes to charge Members a fee of
$4,000 per month for this 10 GB connection. ISE will retain the current
Ethernet connectivity options that are available to Members today.
Once Optimise is rolled out, and until the Exchange has fully
transitioned from the current trading platform to the Optimise trading
platform, market makers will be required to maintain connections to
both trading systems. Therefore, ISE proposes to waive the new 10 GB
fee for all members until the migration is entirely completed. The
Exchange notes that the fees proposed herein are intended to cover and
are reasonably related to ISE's costs of rolling out and supporting the
new service.
The Exchange has designated this proposal to be operative on April
11, 2011.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6 of the Act,\3\ in general, and with
Section 6(b)(4) of the Act,\4\ in particular, in that it provides for
the equitable allocation of reasonable dues, fees and other charges
among Exchange members and other persons using its facilities. In
particular, the proposed rule change will provide greater transparency
into the connectivity options available to market participants. The
proposed rule change treats similarly situated Members in the same
manner by assessing the same fees to all Members based on their
connectivity needs. The Exchange notes that the 10 GB connectivity
option proposed herein is similar to that currently in place at other
exchanges. For example, NASDAQ OMX PHLX, Inc. (``PHLX''), NASDAQ OMX
BX, Inc. (``BX'') and the NASDAQ Stock Market LLC (``NASDAQ'') each
offer a 10GB network connection option to their members, albeit at a
higher cost than that proposed by ISE.\5\
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78f .
\4\ 15 U.S.C. 78f(b)(4).
\5\ See Exchange Act Release Nos. 62639 (August 4, 2010), 75 FR
48391 (August 10, 2010) (SR-PHLX-2010-89); 62969 (September 22,
2010), 75 FR 59777 (September 28, 2010) (SR-BX-2010-064); and 62663
(August 9, 2010), 75 FR 49543 (August 13, 2010) (SR-NASDAQ-2010-
077). PHLX, BX and NASDAQ each charges $5,000 per month for a 10 GB
connection.
---------------------------------------------------------------------------
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)(A)(ii) of the Act.\6\ 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. If the Commission takes such action, the Commission shall
institute proceedings to determine whether the proposed rule should be
approved or disapproved.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(3)(A)(ii).
---------------------------------------------------------------------------
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 No. SR-ISE-2011-22 on the subject line.
Paper Comments
Send paper comments in triplicate to Elizabeth Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.
All submissions should refer to File Number SR-ISE-2011-22. 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. Copies of such filing also will
be available for inspection and copying at the principal office of the
ISE. 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-
2011-22 and should be submitted by May 6, 2011.
[[Page 21418]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Cathy Ahn,
Deputy Secretary.
[FR Doc. 2011-9121 Filed 4-14-11; 8:45 am]
BILLING CODE 8011-01-P
