Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Fees and Rebates for Adding and Removing Liquidity, 47279-47280 [2011-19727]
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Federal Register / Vol. 76, No. 150 / Thursday, August 4, 2011 / Notices
securities and does not propose to make
a public offering or engage in business
of any kind.
Filing Date: The application was filed
on July 20, 2011.
Applicant’s Address: 2943 OlneySandy Spring Rd., Suite A, Olney, MD
20832.
Highland Pharmaceutical Royalty Fund
[File No. 811–22266]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. Applicant has
never made a public offering of its
securities and does not propose to make
a public offering or engage in business
of any kind.
Filing Dates: The application was
filed on May 17, 2011, and amended on
July 21, 2011.
Applicant’s Address: NexBank Tower,
13455 Noel Rd., Suite 800, Dallas, TX
75240.
Wells Fargo Family Office Fund I, LLC;
Wells Fargo Family Office Master Fund,
LLC; Wells Fargo Family Office Fund
FW, LLC
[File No. 811–22513]; [File No. 811–22514];
[File No. 811–22515]
Summary: Each applicant, a closedend investment company, seeks an
order declaring that it has ceased to be
an investment company. Applicants
have never made a public offering of
their securities and do not propose to
make a public offering or engage in
business of any kind.
Filing Dates: The applications were
filed on May 23, 2011, and amended on
July 15, 2011.
Applicants’ Address: 333 Market St.,
29th floor, MAC A0119–291, San
Francisco, CA 94105.
Prudential Investment Portfolios 11
sroberts on DSK5SPTVN1PROD with NOTICES
[File No. 811–3264]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On May 3, 2011,
applicant made a final liquidating
distribution to its shareholders, based
on net asset value. Expenses of $14,000
incurred in connection with the
liquidation were borne by Prudential
Investments LLC, applicant’s
investment adviser.
Filing Date: The application was filed
on July 5, 2011.
Applicant’s Address: Gateway Center
Three, 100 Mulberry St., Newark, NJ
07102–4077.
Embarcadero Funds, Inc.
[File No. 811–9116]
Summary: Applicant seeks an order
declaring that it has ceased to be an
VerDate Mar<15>2010
17:29 Aug 03, 2011
Jkt 223001
investment company. On January 25,
2011, applicant transferred the assets of
its two remaining series, Embarcadero
Absolute Return Fund and Embarcadero
Market Neutral Fund, to Tanaka Growth
Fund, a series of Tanaka Funds, Inc.,
based on net asset value. Expenses of
$133,600 incurred in connection with
the reorganization were paid by
applicant and Tanaka Capital
Management, Inc., investment adviser to
the acquiring fund.
Filing Date: The application was filed
on July 8, 2011.
Applicant’s Address: 3 Embarcadero
Center, Suite 1120, San Francisco, CA
94111.
BlackRock Global Financial Services
Fund, Inc.; Global Financial Services
Master LLC
[File No. 811–9375]; [File No. 811–9633]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On or about
April 27, 2011, each applicant made a
final liquidating distribution to its
shareholders, based on net asset value.
Expenses of approximately $8,606
incurred in connection with the
liquidation of BlackRock Global
Financial Services Fund, Inc. were paid
by BlackRock Advisors, LLC, or its
affiliates.
Filing Date: The applications were
filed on July 6, 2011.
Applicants’ Address: 100 Bellevue
Parkway, Wilmington, DE 19809.
Pioneer Protected Principal Trust
[File No. 811–21163]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 21,
2009, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of
approximately $25,878 incurred in
connection with the liquidation were
paid by applicant and Pioneer
Investment Management, Inc.,
applicant’s investment adviser.
Filing Date: The application was filed
on June 24, 2011.
Applicant’s Address: 60 State St.,
Boston, MA 02109.
Special Situations Fund III, L.P.
[File No. 811–8110]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On June 27, 2011,
applicant made a final liquidating
distribution to its shareholders, based
on net asset value. Expenses of $82,500
incurred in connection with the
liquidation were paid by applicant.
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47279
Filing Dates: The application was
filed on September 17, 2009, and
amended on December 11, 2009, and
July 6, 2011.
Applicant’s Address: 527 Madison
Ave., Suite 2600, New York, NY 10022.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011–19810 Filed 8–3–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–64992; File No. SR–ISE–
2011–43]
Self-Regulatory Organizations;
International Securities Exchange,
LLC; Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change Relating to Fees and Rebates
for Adding and Removing Liquidity
July 29, 2011.
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 July 19,
2011, the International Securities
Exchange, LLC (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 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 amend its
transaction fees and rebates for adding
and removing liquidity. 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
1 15
2 17
E:\FR\FM\04AUN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
04AUN1
47280
Federal Register / Vol. 76, No. 150 / Thursday, August 4, 2011 / Notices
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.
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
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.
1. Purpose
The Exchange currently assesses a per
contract transaction charge to market
participants that add or remove
liquidity from the Exchange (‘‘maker/
taker fees’’) in 99 options classes (the
‘‘Select Symbols’’).3 The purpose of this
proposed rule change is to amend the
list of Select Symbols on the Exchange’s
Schedule of Fees, titled ‘‘Rebates and
Fees for Adding and Removing
Liquidity in Select Symbols.’’
Specifically, the Exchange proposes to
add Motorola Solutions, Inc. (‘‘MSI’’) to
the list of Select Symbols.
While changes to the Fee Schedule
pursuant to this proposal are effective
upon filing, the Exchange has
designated these changes to be operative
on August 1, 2011.
sroberts on DSK5SPTVN1PROD with NOTICES
2. Statutory Basis
The Exchange believes that its
proposal to amend its Fee Schedule is
consistent with Section 6(b) of the Act 4
in general, and furthers the objectives of
Section 6(b)(4) of the Act 5 in particular,
in that it is an equitable allocation of
reasonable fees and other charges among
Exchange members and other persons
using its facilities.
The Exchange believes that it is
reasonable to add MSI to its list of
Select Symbols to attract additional
order flow to the Exchange. The
Exchange anticipates that the addition
of MSI to the list of Select Symbols will
attract market participants to transact
equity options at the Exchange because
of the available rebates.
The Exchange believes that it is
equitable to amend the list of Select
Symbols by adding MSI because the list
of Select Symbols would apply
uniformly to all categories of
participants in the same manner. All
market participants who trade the Select
Symbols would be subject to the
applicable maker/taker fees and rebates.
3 Options classes subject to maker/taker fees are
identified by their ticker symbol on the Exchange’s
Schedule of Fees.
4 15 U.S.C. 78f(b).
5 15 U.S.C. 78f(b)(4).
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17:29 Aug 03, 2011
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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.
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–2011–43 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–2011–43. 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–
2011–43 and should be submitted on or
before August 25, 2011.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011–19727 Filed 8–3–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–64991; File No. SR–CBOE–
2011–039]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Order Granting Approval
of Proposed Rule Change To List and
Trade Single Stock Dividend Options
July 29, 2011.
On May 31, 2011, the Chicago Board
Options Exchange, Incorporated
(‘‘Exchange’’ or ‘‘CBOE’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’), pursuant to
Section 19(b)(1) of the Securities
Exchange Act of 1934 (the ‘‘Act’’),1 and
Rule 19b-4 thereunder,2 a proposed rule
change to list and trade cash-settled
options that overlie the ordinary cash
7 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b-4.
1 15
6 15
PO 00000
U.S.C. 78s(b)(3)(A)(ii).
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]]>Agencies
[Federal Register Volume 76, Number 150 (Thursday, August 4, 2011)]
[Notices]
[Pages 47279-47280]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-19727]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-64992; File No. SR-ISE-2011-43]
Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change Relating to Fees and Rebates for Adding and Removing Liquidity
July 29, 2011.
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 July 19, 2011, the International Securities Exchange, LLC (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 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 amend its transaction fees and rebates for
adding and removing liquidity. 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
[[Page 47280]]
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 currently assesses a per contract transaction charge
to market participants that add or remove liquidity from the Exchange
(``maker/taker fees'') in 99 options classes (the ``Select
Symbols'').\3\ The purpose of this proposed rule change is to amend the
list of Select Symbols on the Exchange's Schedule of Fees, titled
``Rebates and Fees for Adding and Removing Liquidity in Select
Symbols.'' Specifically, the Exchange proposes to add Motorola
Solutions, Inc. (``MSI'') to the list of Select Symbols.
---------------------------------------------------------------------------
\3\ Options classes subject to maker/taker fees are identified
by their ticker symbol on the Exchange's Schedule of Fees.
---------------------------------------------------------------------------
While changes to the Fee Schedule pursuant to this proposal are
effective upon filing, the Exchange has designated these changes to be
operative on August 1, 2011.
2. Statutory Basis
The Exchange believes that its proposal to amend its Fee Schedule
is consistent with Section 6(b) of the Act \4\ in general, and furthers
the objectives of Section 6(b)(4) of the Act \5\ in particular, in that
it is an equitable allocation of reasonable fees and other charges
among Exchange members and other persons using its facilities.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b).
\5\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
The Exchange believes that it is reasonable to add MSI to its list
of Select Symbols to attract additional order flow to the Exchange. The
Exchange anticipates that the addition of MSI to the list of Select
Symbols will attract market participants to transact equity options at
the Exchange because of the available rebates.
The Exchange believes that it is equitable to amend the list of
Select Symbols by adding MSI because the list of Select Symbols would
apply uniformly to all categories of participants in the same manner.
All market participants who trade the Select Symbols would be subject
to the applicable maker/taker fees and rebates.
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 Number SR-ISE-2011-43 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-2011-43. 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-2011-43 and should be
submitted on or before August 25, 2011.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011-19727 Filed 8-3-11; 8:45 am]
BILLING CODE 8011-01-P
