Technology and Trading Roundtable, 52766-52767 [2012-21387]

Download as PDF 52766 Federal Register / Vol. 77, No. 169 / Thursday, August 30, 2012 / Notices by those approved for ZIRLO TM under anticipated operational occurrences and postulated accidents. Based on the above, no new accident precursors are created by using Optimized ZIRLO TM, thus, the probability of postulated accidents is not increased. Also, based on the above, the consequences of postulated accidents are not increased. Therefore, there is no undue risk to public health and safety. Consistent With Common Defense and Security The proposed exemption would allow the use of Optimized ZIRLOTM fuel rod cladding material at MPS3. This change to the plant configuration has no relation to security issues. Therefore, the common defense and security is not impacted by this exemption. mstockstill on DSK4VPTVN1PROD with NOTICES Special Circumstances Special circumstances, in accordance with 10 CFR 50.12(a)(2)(ii), are present whenever application of the regulation in the particular circumstances is not necessary to achieve the underlying purpose of the rule. The underlying purpose of 10 CFR 50.46 and Appendix K to 10 CFR part 50 is to establish acceptance criteria for ECCS performance and to ensure that cladding oxidation and hydrogen generation are appropriately limited during a LOCA and conservatively accounted for in the ECCS evaluation model. The wording of the regulations in 10 CFR 50.46 and Appendix K is not directly applicable to Optimized ZIRLO TM, even though the evaluations above show that the intent of the regulation is met. Therefore, since the underlying purposes of 10 CFR 50.46 and Appendix K are achieved through the use of Optimized ZIRLO TM fuel rod cladding material, the special circumstances required by 10 CFR 50.12(a)(2)(ii) for the granting of an exemption from certain requirements of 10 CFR 50.46 and Appendix K exist. 4.0 Conclusion Accordingly, the Commission has determined that, pursuant to 10 CFR 50.12, the exemption is authorized by law, will not present an undue risk to the public health and safety, and is consistent with the common defense and security. Also, special circumstances are present. Therefore, the Commission hereby grants Dominion an exemption from certain requirements of 10 CFR 50.46 and Appendix K to 10 CFR part 50, to allow the use of Optimized ZIRLO TM fuel rod cladding material, for MPS3. Pursuant to 10 CFR 51.32, the Commission has determined that the VerDate Mar<15>2010 17:07 Aug 29, 2012 Jkt 226001 granting of this exemption will not have a significant effect on the quality of the human environment (77 FR 50533). This exemption is effective upon issuance. Dated: August 28, 2012. Connie M. Downs, Corporate Secretary, Overseas Private Investment Corporation. Dated at Rockville, Maryland, this 23rd day of August 2012. For the Nuclear Regulatory Commission. BILLING CODE 3210–01–P Michele G. Evans, Director, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. SECURITIES AND EXCHANGE COMMISSION [FR Doc. 2012–21485 Filed 8–29–12; 8:45 am] BILLING CODE 7590–01–P [FR Doc. 2012–21595 Filed 8–28–12; 4:15 pm] [Release No. 34–67725; File No. 4–652] Technology and Trading Roundtable Securities and Exchange Commission. ACTION: Notice of roundtable discussion; request for comment. AGENCY: OVERSEAS PRIVATE INVESTMENT CORPORATION Sunshine Act; Board of Directors Meeting September 13, 2012. Thursday, September 13, 2012, 9:30 a.m. (Open Portion); 10 a.m. (Closed Portion). PLACE: Offices of the Corporation, Twelfth Floor Board Room, 1100 New York Avenue NW., Washington, DC. STATUS: Meeting OPEN to the Public from 9:30 a.m. to 10 a.m. Closed portion will commence at 10 a.m. (approx.). MATTERS TO BE CONSIDERED: 1. President’s Report. 2. Confirmation: John F. Moran as Vice President, Insurance. 3. Minutes of the Open Session of the June 14, 2012 Board of Directors Meeting. TIME AND DATE: FURTHER MATTERS TO BE CONSIDERED (Closed to the Public 10 a.m.): 1. Finance Project—Jordan. 2. Finance Project—South Africa. 3. Finance Project—Turkey. 4. Insurance Project—Ghana. 5. Insurance Project—Egypt, Jordan and Pakistan. 6. Insurance Project—Ghana. 7. Finance Project—Pan-Africa. 8. Finance Project—Indonesia. 9. Finance Project—Russia. 10. Finance Project—India. 11. Finance Project—India. 12. Minutes of the Closed Session of the June 14, 2012 Board of Directors Meeting. 13. Reports. 14. Pending Major Projects. Written summaries of the projects to be presented have been posted on OPIC’s Web site. CONTACT PERSON FOR INFORMATION: Information on the meeting may be obtained from Connie M. Downs at (202) 336–8438. PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 The Securities and Exchange Commission will host a one day roundtable entitled ‘‘Technology and Trading: Promoting Stability in Today’s Markets’’ to discuss ways to promote stability in markets that rely on highly automated systems. The roundtable will focus on the relationship between the operational stability and integrity of our securities market and the ways in which market participants design, implement, and manage complex and interconnected trading technologies. The roundtable discussion will be held in the multi-purpose room of the Securities and Exchange Commission headquarters at 100 F Street NE., in Washington, DC on September 14, 2012 from 10 a.m. to approximately 4 p.m. The public is invited to observe the roundtable discussion. Seating will be available on a first-come, first-served basis. The roundtable discussion also will be available via webcast on the Commission’s Web site at www.sec.gov. The roundtable will consist of two panels. The morning panel will focus on error prevention—where technology experts will discuss current best practices and practical constraints for creating, deploying, and operating mission-critical systems, including those that are used to automatically generate and route orders, match trades, confirm transactions, and disseminate data. The afternoon panel will focus on error response—where panelists will discuss how the market might employ independent filters, objective tests, and other real-time processes or crisismanagement procedures to detect, limit, and possibly terminate erroneous market activities when they do occur, thereby limiting the impact of such errors. SUMMARY: The roundtable discussion will take place on September 14, 2012. The Commission will accept comments DATES: E:\FR\FM\30AUN1.SGM 30AUN1 Federal Register / Vol. 77, No. 169 / Thursday, August 30, 2012 / Notices regarding issues addressed at the roundtable until October 5, 2012. SECURITIES AND EXCHANGE COMMISSION Comments may be submitted by any of the following methods: Self-Regulatory Organizations; NYSE MKT LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Proposing to Offer Certain Proprietary Options Data Products ADDRESSES: Electronic Comments • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/other.shtml); or • Send an email to rulecomments@sec.gov. Please include File Number 4–652 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 submission should refer to File Number 4–652. This file number should be included on the subject line if email is used. To help us 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/other.shtml). Comments are also 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. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: Arisa Tinaves, Special Counsel, at (202) 551–5676, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–7010. By the Commission. Dated: August 24, 2012. Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2012–21387 Filed 8–29–12; 8:45 am] mstockstill on DSK4VPTVN1PROD with NOTICES BILLING CODE 8011–01–P August 23 2012. Pursuant to Section 19(b)(1) 1 of the Securities Exchange Act of 1934 (the ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 notice is hereby given that on August 13, 2012, NYSE MKT LLC (the ‘‘Exchange’’ or ‘‘NYSE MKT’’) 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 the selfregulatory 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 Exchange proposes to offer certain proprietary options data products. The text of the proposed rule change is available on the Exchange’s Web site at www.nyse.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 those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, Proposed Rule Change 1. Purpose The Exchange proposes to offer certain proprietary options data products. Specifically, the products are ArcaBook for Amex Options—Trades, 1 15 U.S.C.78s(b)(1). U.S.C. 78a. 3 17 CFR 240.19b–4. 2 15 VerDate Mar<15>2010 17:07 Aug 29, 2012 Jkt 226001 PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 52767 ArcaBook for Amex Options—Top of Book, ArcaBook for Amex Options— Depth of Book, ArcaBook for Amex Options—Complex, ArcaBook for Amex Options—Series Status, and ArcaBook for Amex Options—Order Imbalance.4 Each of these products, which are described in more detail below, is either identical or substantially similar to products offered by other exchanges. ArcaBook for Amex Options—Trades would make available NYSE Amex Options last sale information on a realtime basis as it is reported to the Options Price Reporting Authority (‘‘OPRA’’) and disseminated on a consolidated basis under the OPRA Plan.5 Other exchanges also offer this product.6 ArcaBook for Amex Options—Top of Book would make available NYSE Amex Options best bids and offers (‘‘BBO’’) (including orders and quotes) on a realtime basis as it is reported to OPRA and disseminated on a consolidated basis under the OPRA Plan. Other exchanges also offer this product.7 ArcaBook for Amex Options—Depth of Book would make available NYSE Amex Options quotes and orders at the first five price levels in each series on a real-time basis as it is reported to OPRA and disseminated on a consolidated basis under the OPRA Plan. One exchange offers an identical 4 For these products, the name ‘‘ArcaBook’’ is used strictly for marketing purposes to describe the technology used to support the product. All of the data that will be distributed through the products is solely NYSE Amex Options data. 5 The OPRA Plan is a national market system plan approved by the Securities and Exchange Commission (‘‘Commission’’) pursuant to Section 11A of the Securities Exchange Act of 1934 (the ‘‘Act’’) and Rule 608 thereunder (formerly Rule 11Aa3–2). See Securities Exchange Act Release No. 17638 (March 18, 1981), 22 SE.C. Docket 484 (March 31, 1981). The full text of the OPRA Plan is available at https://www.opradata.com. The OPRA Plan provides for the collection and dissemination of last sale and quotation information on options that are traded on the participant exchanges. Section 5.2(c) of the OPRA Plan also permits OPRA Plan participants to disseminate unconsolidated market information to certain of their members under certain circumstances. The manner in which the Exchange proposes to disseminate the proposed products would comply with Section 5.2(c). 6 For example, Chicago Board Options Exchange (‘‘CBOE’’), NASDAQ Options Market (‘‘NOM’’), and NASDAQ OMX PHLX LLC (‘‘PHLX’’) offer proprietary products that include their last sale data as reported to OPRA. See Securities Exchange Act Release No. 66486 (February 28, 2012), 77 FR 13166 (March 5, 2012) (SR–CBOE–2012–016); NOM Rules, Chapter VI, Section 1(a)(3) and Securities Exchange Act Release No. 64652 (June 13, 2011), 76 FR 35498 (June 17, 2011) (SR–NASDAQ–2011–075); and Securities Exchange Act Release No. 67352 (July 5, 2012), 77 FR 40930 (July 11, 2012) (SR–Phlx–2012– 83), respectively. 7 See id. See also Securities Exchange Act Release No. 65000 (August 1, 2011), 76 FR 47627 (August 5, 2011) (SR–ISE–2011–44). E:\FR\FM\30AUN1.SGM 30AUN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 77, Number 169 (Thursday, August 30, 2012)]
[Notices]
[Pages 52766-52767]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-21387]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-67725; File No. 4-652]


Technology and Trading Roundtable

AGENCY: Securities and Exchange Commission.

ACTION: Notice of roundtable discussion; request for comment.

-----------------------------------------------------------------------

SUMMARY: The Securities and Exchange Commission will host a one day 
roundtable entitled ``Technology and Trading: Promoting Stability in 
Today's Markets'' to discuss ways to promote stability in markets that 
rely on highly automated systems. The roundtable will focus on the 
relationship between the operational stability and integrity of our 
securities market and the ways in which market participants design, 
implement, and manage complex and inter-connected trading technologies.
    The roundtable discussion will be held in the multi-purpose room of 
the Securities and Exchange Commission headquarters at 100 F Street 
NE., in Washington, DC on September 14, 2012 from 10 a.m. to 
approximately 4 p.m. The public is invited to observe the roundtable 
discussion. Seating will be available on a first-come, first-served 
basis. The roundtable discussion also will be available via webcast on 
the Commission's Web site at www.sec.gov.
    The roundtable will consist of two panels. The morning panel will 
focus on error prevention--where technology experts will discuss 
current best practices and practical constraints for creating, 
deploying, and operating mission-critical systems, including those that 
are used to automatically generate and route orders, match trades, 
confirm transactions, and disseminate data. The afternoon panel will 
focus on error response--where panelists will discuss how the market 
might employ independent filters, objective tests, and other real-time 
processes or crisis-management procedures to detect, limit, and 
possibly terminate erroneous market activities when they do occur, 
thereby limiting the impact of such errors.

DATES: The roundtable discussion will take place on September 14, 2012. 
The Commission will accept comments

[[Page 52767]]

regarding issues addressed at the roundtable until October 5, 2012.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (https://www.sec.gov/rules/other.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File Number 4-652 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 submission should refer to File Number 4-652. This file number 
should be included on the subject line if email is used. To help us 
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/other.shtml). Comments are 
also 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. All 
comments received will be posted without change; we do not edit 
personal identifying information from submissions. You should submit 
only information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Arisa Tinaves, Special Counsel, at 
(202) 551-5676, Division of Trading and Markets, Securities and 
Exchange Commission, 100 F Street NE., Washington, DC 20549-7010.

    By the Commission.
     Dated: August 24, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-21387 Filed 8-29-12; 8:45 am]
BILLING CODE 8011-01-P

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