Self-Regulatory Organizations; EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Clarifying That Rule Change in Connection With Proposed Combination Between NYSE Euronext and Deutsche Börse AG Will Not Become Effective, 19391-19393 [2012-7631]
Download as PDF
19391
Federal Register / Vol. 77, No. 62 / Friday, March 30, 2012 / Notices
SCHEDULE C—Continued
Agency name
INTERNATIONAL
MISSION.
JOINT
COM-
Position title
Office of the Assistant Secretary
for Public and Intergovernmental Affairs.
Office of the Secretary and Deputy.
Office of the Secretary and Deputy.
Office of the Assistant Secretary
for Public and Intergovernmental Affairs.
Office of the Chair ........................
Special Assistant ..........................
DV110004
2/7/2011
Special Assistant ..........................
DV110007
1/12/2011
Special Assistant, White House
Liaison.
Press Secretary ............................
DV110017
2/23/2011
DV110040
4/8/2011
Policy Advisor ...............................
IJ110001
10/15/2010
Authority: 5 U.S.C. 3301 and 3302;
E.O.10577, 3 CFR 1954–1958 Comp., p. 218.
U.S. Office of Personnel Management.
John Berry,
Director.
[FR Doc. 2012–7745 Filed 3–29–12; 8:45 am]
BILLING CODE 6325–39–P
POSTAL SERVICE
Notice of Proposed Intelligent Mail
Indicia Performance Criteria With
Request for Comments
Postal Service TM.
ACTION: Proposed change.
AGENCY:
The Postal Service is updating
and consolidating the product
submission procedures for Postage
Evidencing Systems (PES). This
involves the replacement of the current
Information-Based Indicia Performance
Criteria (IBI PC) with new Intelligent
Mail Indicia Performance Criteria (IMI
PC).
SUMMARY:
Copies of the proposed IMI PC
will be available effective March 30,
2012. Comments on the proposed IMI
PC must be received on or before May
30, 2012.
ADDRESSES: To receive a copy of the
proposed IMI PC, mail or deliver written
requests to: USPS Payment Technology/
Attn: Marlo Kay Ivey, 475 L’Enfant
Plaza SW., Room 3660, Washington, DC
20260–4110. To comment on the
proposed IMI PC, mail or deliver written
comments to the Manager, Payment
Technology, USPS, 475 L’Enfant Plaza
SW., Room 3436, Washington, DC
20260–4110. Copies of all written
comments will be available, by
appointment, for inspection and
photocopying between 9 a.m. and 4
p.m., Monday through Friday, at the
Payment Technology office.
FOR FURTHER INFORMATION CONTACT:
Marlo Kay Ivey, Business Programs
mstockstill on DSK4VPTVN1PROD with NOTICES
DATES:
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Authorization
No.
Organization name
20:51 Mar 29, 2012
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Specialist, Payment Technology, U.S.
Postal Service, at 202–268–7613.
SUPPLEMENTARY INFORMATION: Current
product submission procedures and the
IBI PC are approximately 10 years old
and have had little or no substantive
updates since being initially provided to
the PES (postage meter and PC
Postage®) industry. The PES
environment has changed substantially
with availability of new technology to
offer new PES products designed to
meet new customer needs for access to
postage. In addition, changes within the
United States Postal Service® (USPS®)
infrastructure have taken place to
provide enhanced opportunities for PES
providers to propose new concepts,
methods, and processes to enable
customers to print pre-paid evidence of
postage while improving the efficiency
and effectiveness of Postal Service
operations.
The Postal Service proposes to replace
the current PES product submission
procedures and the IBI PC with the
proposed IMI PC Document (the
‘‘Document’’). This Document is
comprised of four volumes to support
the USPS PES Test and Evaluation
Program (the ‘‘Program’’). The intent is
for the volumes to fully support each
other but not be redundant in content.
Volume I—PES Requirements.
Provides the PES industry and test
laboratories with the information,
requirements, and guidance necessary to
develop new PES, and provides
reference for guidance for current
approved PES for interim changes, as
determined necessary, to maintain
interoperability with the USPS systems
and processes.
Volume II—IMI Requirements.
Provides the minimum required
information, both human- and machinereadable, for all pre-paid evidence of
postage produced by a PES. Also
provides the reporting requirements for
all supporting data systems used by
USPS to manage the program.
PO 00000
Frm 00215
Fmt 4703
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Effective date
Volume III—Test and Evaluation
Requirements. Provides for laboratories
certified by National Institute of
Standards and Technology (NIST) to
perform Federal Information Processing
Standard (FIPS) 140–X testing, and
provides PES testing entities with
guidance on test and evaluation
procedures that a PES system must
undergo to receive USPS approval.
Volume IV—PES Test and Evaluation
Program Requirements. Provides the
Program and logistical processes that are
required for a PES to obtain approval
from USPS, as well as the requirements
for the evaluation and submission of
changes and updates to a previously
approved PES.
Stanley F. Mires,
Attorney, Legal Policy & Legislative Advice.
[FR Doc. 2012–7359 Filed 3–29–12; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66658; File No. SR–EDGA–
2012–11]
Self-Regulatory Organizations; EDGA
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Clarifying That Rule
Change in Connection With Proposed
Combination Between NYSE Euronext
¨
and Deutsche Borse AG Will Not
Become Effective
March 26, 2012.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Exchange Act’’ or ‘‘Act’’),2 and Rule
19b–4 thereunder,3 notice is hereby
given that on March 19, 2012, the EDGA
Exchange, Inc. (the ‘‘Exchange’’ or
‘‘EDGA’’) filed with the Securities and
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
E:\FR\FM\30MRN1.SGM
30MRN1
19392
Federal Register / Vol. 77, No. 62 / Friday, March 30, 2012 / Notices
Exchange Commission (the
‘‘Commission’’) the proposed rule
change (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 Exchange previously submitted a
proposed rule change 4 (the ‘‘Holdco
Proposal’’) in connection with the
proposed business combination (the
‘‘Combination’’) of NYSE Euronext, a
Delaware corporation, and Deutsche
¨
Borse AG, an Aktiengesellschaft
organized under the laws of the Federal
Republic of Germany (‘‘Deutsche
¨
Borse’’). The Holdco Proposal was
conditionally approved by the
Commission.5 The Exchange is
submitting this Proposed Rule Change
in order to clarify that the Holdco
Proposal will not become effective. The
text of the Proposed Rule Change is
available on the Exchange’s Web site
www.directedge.com, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange has included statements
concerning the purpose of, and basis for,
the Proposed Rule Change. The text of
these statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in Sections A, B and C below,
of the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
mstockstill on DSK4VPTVN1PROD with NOTICES
1. Purpose
The Exchange proposes to clarify that
the Combination contemplated by the
Holdco Proposal will not be completed
and, therefore, the Holdco Proposal
conditionally approved by the
Commission 6 will not become effective.
4 See
Securities Exchange Act Release No. 65564
(October 14, 2011), 76 FR 65264 (October 20, 2011)
(SR–EDGA–2011–34).
5 See Securities Exchange Act Release No. 66171
(January 17, 2012), 77 FR 3297 (January 23, 2012)
(File Nos. SR–EDGA–2011–34; SR–EDGX–2011–33;
SR–ISE–2011–69; SR–NYSE–2011–51; SR–
NYSEAmex–2011–78; SR–NYSEArca–2011–72).
6 Id.
VerDate Mar<15>2010
20:51 Mar 29, 2012
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The Holdco Proposal was submitted
to the Commission in connection with
the Combination.7 The purpose of the
Holdco Proposal was to adopt the rules
necessary to permit NYSE Euronext and
¨
Deutsche Borse to effect the
Combination and to amend certain
provisions of the organizational and
other governance documents of Alpha
Beta Netherlands Holding N.V., a
holding company organized under the
laws of the Netherlands (‘‘Holdco’’), and
ISE Holdings, Inc.
The Commission’s approval of the
Holdco Proposal was conditioned on
completion of the Combination, and the
Commission noted that if the
Combination is not consummated, the
Holdco Proposal would not become
effective.
On February 2, 2012, following the
European Commission’s decision to
prohibit the Combination, NYSE
¨
Euronext and Deutsche Borse agreed to
terminate the Business Combination
Agreement, dated as of February 15,
2011, as amended by Amendment No. 1
dated as of May 2, 2011 and by
Amendment No. 2 dated as of June 16,
2011, by and among NYSE Euronext,
¨
Deutsche Borse, Holdco and Pomme
Merger Corporation, a Delaware
corporation and newly formed wholly
owned subsidiary of Holdco.
Accordingly, the Combination
contemplated by the Holdco Proposal
will not be completed and, therefore,
the Holdco Proposal conditionally
approved by the Commission will not
become effective.
2. Statutory Basis
The Exchange believes that this filing
is consistent with Section 6(b) 8 of the
Securities Exchange Act of 1934 (the
‘‘Exchange Act’’) in general, and
furthers the objectives of Section
6(b)(5) 9 in particular, in that it is
designed to prevent fraudulent and
manipulative acts and practices, to
promote just and equitable principles of
trade, to foster cooperation and
coordination with persons engaged in
facilitating transactions in securities,
and to remove impediments to and
perfect the mechanism of a free and
open market and a national market
system. Specifically, the Exchange
believes that the Proposed Rule Change
will clarify the corporate structure of the
Exchange, which will promote just and
equitable principles of trade and help to
protect investors and the public interest.
7 See
supra note 4.
U.S.C. 78f(b).
9 15 U.S.C. 78f(b)(5).
8 15
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Frm 00216
Fmt 4703
Sfmt 4703
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange 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 Exchange Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
The Exchange has neither solicited
nor received written comments on the
Proposed Rule Change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change: (1) Does not significantly affect
the protection of investors or the public
interest; (2) does not impose any
significant burden on competition; and
(3) by its terms, does not become
operative for 30 days after the date of
this filing, 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) 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
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Exchange 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 email to rulecomments@sec.gov. Please include File
Number SR–EDGA–2012–11 on the
subject line.
10 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires a self-regulatory organization to
provide the Commission with written 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. The
Exchange has fulfilled this requirement.
11 17
E:\FR\FM\30MRN1.SGM
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Federal Register / Vol. 77, No. 62 / Friday, March 30, 2012 / Notices
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–EDGA–2012–11. This file
number should be included on the
subject line if email 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–EDGA–
2012–11 and should be submitted on or
before April 20, 2012.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–7631 Filed 3–29–12; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66659; File No. SR–CME–
2012–08]
Self-Regulatory Organizations;
Chicago Mercantile Exchange, Inc.;
Notice of Filing and Order Granting
Accelerated Approval of Proposed
Rule Change To Comply With
Revisions to the Commodity Futures
Trading Commission’s Part 190
Regulations
March 26, 2012.
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 March 12,
2012, the Chicago Mercantile Exchange
Inc. (‘‘CME’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’) the proposed rule
change described in Items I and II
below, which items have been prepared
primarily by CME. The Commission is
publishing this Notice and Order to
solicit comments on the proposed rule
change from interested persons and to
approve the proposed rule change on an
accelerated basis.
I. Self-Regulatory Organization’s
Statement of Terms of Substance of the
Proposed Rule Change
CME proposes to amend certain of its
rules to comply with pending revisions
to the Commodity Futures Trading
Commission’s (‘‘CFTC’’) Part 190
Regulations.
II. Self-Regulatory Organization’s
Statement of Purpose of, and Statutory
Basis for, the Proposed Rule Change
In its filing with the Commission,
CME included statements concerning
the purpose 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 III below. CME has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.3
A. Self-Regulatory Organization’s
Statement of Purpose of, and Statutory
Basis for, the Proposed Rule Change
CME is registered as a derivatives
clearing organization (‘‘DCO’’) with the
CFTC and operates a substantial
business clearing futures and swaps
contracts subject to the jurisdiction of
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 The Commission has modified the text of the
summaries prepared by CME.
2 17
12 17
CFR 200.30–3(a)(12).
VerDate Mar<15>2010
19:11 Mar 29, 2012
Jkt 226001
PO 00000
Frm 00217
Fmt 4703
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19393
the CFTC. CME is also registered as a
clearing agency with the Commission.
CME proposes to amend certain of its
rules to comply with pending
amendments to the CFTC’s Part 190
Bankruptcy Regulations that will
become effective on April 9, 2012.
The Part 190 amendments were made
in connection with the CFTC’s final
rules for customer swaps segregation.
Those revisions include creating a
‘‘cleared swap’’ customer account class
for purposes of futures commission
merchant and DCO bankruptcies and
replacing the defined term ‘‘cleared
OTC derivatives,’’ which is incorporated
by reference into several CME rules,
with the new defined term ‘‘cleared
swaps.’’ In order to reflect the removal
of the defined term ‘‘cleared OTC
derivatives’’ from Part 190, CME will
amend CME Rules 930.N, 8F100, and
8F122 and CME definitions of ‘‘Cleared
OTC Derivatives Customers’’ and
‘‘Funds of Cleared OTC Derivatives
Customers.’’ The amendments comport
with CFTC DCO Core Principle C
(Participant and Product Eligibility) and
Core Principle F (Treatment of Funds).
The text of the CME’s proposed rule
amendments was attached as Exhibit 5
to this proposed rule change filing,
which filing can be viewed at the CME
Web site at https://www.cmegroup.com/
market-regulation/files/SEC_19b-4_x12–
08x.pdf. CME also made a filing, CME
Submission 12–066, with its primary
regulator, the CFTC, with respect to this
proposed rule change.
CME believes the proposed changes
are consistent with the requirements of
the Act and the rules and regulations
issued thereunder. CME, a DCO, is
required to implement the proposed
changes to comply with recent changes
to CFTC regulations. CME notes that the
policies of the Commodity Exchange
Act with respect to clearing are
comparable to a number of the policies
underlying the Act, such as promoting
market transparency for derivatives
markets, promoting the prompt and
accurate clearance and settlement of
transactions, and protecting investors
and the public interest.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CME 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
CME has not solicited, and does not
intend to solicit, comments regarding
E:\FR\FM\30MRN1.SGM
30MRN1
Agencies
[Federal Register Volume 77, Number 62 (Friday, March 30, 2012)]
[Notices]
[Pages 19391-19393]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-7631]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-66658; File No. SR-EDGA-2012-11]
Self-Regulatory Organizations; EDGA Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change Clarifying
That Rule Change in Connection With Proposed Combination Between NYSE
Euronext and Deutsche B[ouml]rse AG Will Not Become Effective
March 26, 2012.
Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (the ``Exchange Act'' or ``Act''),\2\ and Rule 19b-4
thereunder,\3\ notice is hereby given that on March 19, 2012, the EDGA
Exchange, Inc. (the ``Exchange'' or ``EDGA'') filed with the Securities
and
[[Page 19392]]
Exchange Commission (the ``Commission'') the proposed rule change (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\ 15 U.S.C. 78a.
\3\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange previously submitted a proposed rule change \4\ (the
``Holdco Proposal'') in connection with the proposed business
combination (the ``Combination'') of NYSE Euronext, a Delaware
corporation, and Deutsche B[ouml]rse AG, an Aktiengesellschaft
organized under the laws of the Federal Republic of Germany (``Deutsche
B[ouml]rse''). The Holdco Proposal was conditionally approved by the
Commission.\5\ The Exchange is submitting this Proposed Rule Change in
order to clarify that the Holdco Proposal will not become effective.
The text of the Proposed Rule Change is available on the Exchange's Web
site www.directedge.com, at the principal office of the Exchange, and
at the Commission's Public Reference Room.
---------------------------------------------------------------------------
\4\ See Securities Exchange Act Release No. 65564 (October 14,
2011), 76 FR 65264 (October 20, 2011) (SR-EDGA-2011-34).
\5\ See Securities Exchange Act Release No. 66171 (January 17,
2012), 77 FR 3297 (January 23, 2012) (File Nos. SR-EDGA-2011-34; SR-
EDGX-2011-33; SR-ISE-2011-69; SR-NYSE-2011-51; SR-NYSEAmex-2011-78;
SR-NYSEArca-2011-72).
---------------------------------------------------------------------------
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 has included
statements concerning the purpose of, and basis for, the Proposed Rule
Change. The text of these statements may be examined at the places
specified in Item IV below. The Exchange has prepared summaries, set
forth in Sections A, B and C below, of the most significant aspects of
such statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to clarify that the Combination contemplated
by the Holdco Proposal will not be completed and, therefore, the Holdco
Proposal conditionally approved by the Commission \6\ will not become
effective.
---------------------------------------------------------------------------
\6\ Id.
---------------------------------------------------------------------------
The Holdco Proposal was submitted to the Commission in connection
with the Combination.\7\ The purpose of the Holdco Proposal was to
adopt the rules necessary to permit NYSE Euronext and Deutsche
B[ouml]rse to effect the Combination and to amend certain provisions of
the organizational and other governance documents of Alpha Beta
Netherlands Holding N.V., a holding company organized under the laws of
the Netherlands (``Holdco''), and ISE Holdings, Inc.
---------------------------------------------------------------------------
\7\ See supra note 4.
---------------------------------------------------------------------------
The Commission's approval of the Holdco Proposal was conditioned on
completion of the Combination, and the Commission noted that if the
Combination is not consummated, the Holdco Proposal would not become
effective.
On February 2, 2012, following the European Commission's decision
to prohibit the Combination, NYSE Euronext and Deutsche B[ouml]rse
agreed to terminate the Business Combination Agreement, dated as of
February 15, 2011, as amended by Amendment No. 1 dated as of May 2,
2011 and by Amendment No. 2 dated as of June 16, 2011, by and among
NYSE Euronext, Deutsche B[ouml]rse, Holdco and Pomme Merger
Corporation, a Delaware corporation and newly formed wholly owned
subsidiary of Holdco.
Accordingly, the Combination contemplated by the Holdco Proposal
will not be completed and, therefore, the Holdco Proposal conditionally
approved by the Commission will not become effective.
2. Statutory Basis
The Exchange believes that this filing is consistent with Section
6(b) \8\ of the Securities Exchange Act of 1934 (the ``Exchange Act'')
in general, and furthers the objectives of Section 6(b)(5) \9\ in
particular, in that it is designed to prevent fraudulent and
manipulative acts and practices, to promote just and equitable
principles of trade, to foster cooperation and coordination with
persons engaged in facilitating transactions in securities, and to
remove impediments to and perfect the mechanism of a free and open
market and a national market system. Specifically, the Exchange
believes that the Proposed Rule Change will clarify the corporate
structure of the Exchange, which will promote just and equitable
principles of trade and help to protect investors and the public
interest.
---------------------------------------------------------------------------
\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
The Exchange 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 Exchange Act.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants or Others
The Exchange has neither solicited nor received written comments on
the Proposed Rule Change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule change: (1) Does not
significantly affect the protection of investors or the public
interest; (2) does not impose any significant burden on competition;
and (3) by its terms, does not become operative for 30 days after the
date of this filing, 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)
thereunder.\11\
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(3)(A).
\11\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires a self-regulatory organization to provide the Commission
with written 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. The Exchange has fulfilled 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 Exchange 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 email to rule-comments@sec.gov. Please include
File Number SR-EDGA-2012-11 on the subject line.
[[Page 19393]]
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-EDGA-2012-11. This file
number should be included on the subject line if email 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-EDGA-2012-11 and should be
submitted on or before April 20, 2012.
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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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-7631 Filed 3-29-12; 8:45 am]
BILLING CODE 8011-01-P