Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing of a Proposed Rule Change To Amend Rules Regarding Requests for Data Related to Exchange Reviews, 58897-58899 [2012-23439]
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Federal Register / Vol. 77, No. 185 / Monday, September 24, 2012 / Notices
Portfolio Indicative Value, the Disclosed
Portfolio, and quotation and last-sale
information for the Shares.
The proposed rule change is designed
to perfect the mechanism of a free and
open market and, in general, to protect
investors and the public interest in that
it will facilitate the listing and trading
of an additional type of activelymanaged exchange-traded product that
will enhance competition among market
participants, to the benefit of investors
and the marketplace. As noted above,
the Exchange has in place surveillance
procedures relating to trading in the
Shares and may obtain information via
ISG from other exchanges that are
members of ISG or with which the
Exchange has entered into a
comprehensive surveillance sharing
agreement. In addition, as noted above,
investors will have ready access to
information regarding the Fund’s
holdings, the Portfolio Indicative Value,
the Disclosed Portfolio, and quotation
and last-sale information for the Shares.
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 Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
No written comments were solicited
or received with respect to the proposed
rule change.
TKELLEY on DSK3SPTVN1PROD with NOTICES
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the self-regulatory
organization consents, the Commission
will:
(A) By order approve or disapprove
such proposed rule change, or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
VerDate Mar<15>2010
18:54 Sep 21, 2012
Jkt 226001
58897
Comments may be submitted by any of
the following methods:
SECURITIES AND EXCHANGE
COMMISSION
Electronic Comments
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing of a
Proposed Rule Change To Amend
Rules Regarding Requests for Data
Related to Exchange Reviews
• 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–NYSEArca–2012–101 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–NYSEArca–2012–101. 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–
NYSEArca–2012–101 and should be
submitted on or before October 15,
2012.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.25
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–23459 Filed 9–21–12; 8:45 am]
September 18, 2012.
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
September 4, 2012, the Chicago Board
Options Exchange, Incorporated (the
‘‘Exchange’’ or ‘‘CBOE’’) 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 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 proposes to amend its
rules regarding the furnishing of data
requested with respect to any review
conducted by the Exchange. The text of
the proposed rule change is available on
the Exchange’s Web site (https://
www.cboe.com/AboutCBOE/
CBOELegalRegulatoryHome.aspx), at
the Exchange’s Office of the Secretary,
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 included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, Proposed Rule
Change
1. Purpose
The Exchange proposes to amend its
rules regarding the furnishing of data
BILLING CODE 8011–01–P
1 15
25 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00096
Fmt 4703
Sfmt 4703
2 17
E:\FR\FM\24SEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
24SEN1
58898
Federal Register / Vol. 77, No. 185 / Monday, September 24, 2012 / Notices
TKELLEY on DSK3SPTVN1PROD with NOTICES
requested with respect to any review
conducted by the Exchange. The
Exchange currently requests and
receives certain trade data from Trading
Permit Holders (‘‘TPHs’’) and TPH
organizations on an ad hoc basis, in the
course of discharging its regulatory
responsibilities as a self-regulatory
organization.3 Currently, TPHs and TPH
organizations provide such data in a
variety of different manners and
formats, often piecemeal. Because the
form of the submitted information is
highly variable and the manner of
submission is not standard, the
Exchange’s Regulatory Division expends
considerable resources in re-organizing
and systematizing the information in
order to perform proper reviews and
analyses.
As such, the Exchange proposes that,
in addition to the existing obligation
under Exchange rules regarding the
production of books and records, each
TPH or TPH organization shall furnish
upon request, in the manner and
standard electronic format prescribed by
the Exchange, data concerning orders,
transactions, and positions, including
related hedges and offsets, in relation to
a regulatory review conducted by the
Exchange. This change would allow the
Exchange to develop uniform
procedures and forms for the
submission of this order, position and
trade data (the ‘‘Trade Data’’). The
existence of a standard format for the
submission of Trade Data would allow
the TPHs to better prepare for regulatory
responses and would allow the
Exchange regulatory staff to review and
analyze Trade Data in a vastly more
efficient and organized manner which
in turn will expedite such review and
analysis. The Exchange proposes to
publish by circular the layout of Trade
Data that may be included in any
particular request such that the TPHs
can understand the specific information
to be submitted in response to each
request. For example, a particular
request may require submission of the
entire data layout or may be limited to
only certain components of the layout.
The Exchange will not enforce
compliance with this proposed rule
change until the Exchange has
announced an implementation plan.
The Exchange expects to announce such
3 This data, which is provided in a commaseparated values format, currently includes, when
applicable, separate data fields for trade date, order
entry time (milliseconds), cancel time
(milliseconds), execution time (milliseconds),
unique ticker symbol, side, execution price, event
type, unique account identification, user ID, order
ID, broker location, quantity, locate source for short
sale, number of shares remaining after a partial
execution, and the code of the exchange to which
an order was routed.
VerDate Mar<15>2010
18:54 Sep 21, 2012
Jkt 226001
implementation plan via a Regulatory
Circular during the fourth calendar
quarter of 2012. The implementation
plan will include a subsequent
compliance date. The intervening
period between the announcement of
the implementation plan and the
compliance date will allow TPHs time
to prepare to comply.
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the Act 4
and the rules and regulations
thereunder and, in particular, the
requirements of Section 6(b) of the Act.5
Specifically, the Exchange believes the
proposed rule change is consistent with
the Section 6(b)(5) 6 requirements that
the rules of an exchange be designed to
promote just and equitable principles of
trade, to prevent fraudulent and
manipulative acts, to remove
impediments to and to perfect the
mechanism for a free and open market
and a national market system, and, in
general, to protect investors and the
public interest. The existence of a
uniform and standard format for the
submission of Trade Data and other
such information requested with respect
to any review will remove impediments
to and perfect the mechanism for a free
and open market and a national market
system, and in general, protect investors
and the public interest by removing
confusion regarding the submission of
such information, and by making the
review of such information a more
efficient and effective process.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CBOE 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 Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange neither solicited nor
received comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
4 15
U.S.C. 78s(b)(1).
U.S.C. 78f(b).
6 15 U.S.C. 78f(b)(5).
5 15
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the self-regulatory
organization consents, the Commission
will:
(A) By order approve or disapprove
such proposed rule change, or
(B) Institute proceedings to determine
whether the proposed rule change
should be disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rulecomments@sec.gov. Please include File
Number SR–CBOE–2012–087 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–CBOE–2012–087. 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 such 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
E:\FR\FM\24SEN1.SGM
24SEN1
Federal Register / Vol. 77, No. 185 / Monday, September 24, 2012 / Notices
information that you wish to make
available publicly. All submissions
should refer to File Number SR–CBOE–
2012–087 and should be submitted on
or before October 15, 2012.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–23439 Filed 9–21–12; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–67885; File No. SR–CME–
2012–35]
Self-Regulatory Organizations;
Chicago Mercantile Exchange Inc.;
Notice of Filing and Order Granting
Accelerated Approval of Proposed
Rule Change Regarding Acceptance of
Additional Interest Rate Swaps for
Clearing
September 18, 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
September 5, 2012, Chicago Mercantile
Exchange Inc. (‘‘CME’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as 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.
TKELLEY on DSK3SPTVN1PROD with NOTICES
I. Self-Regulatory Organization’s
Statement of Terms of Substance of the
Proposed Rule Change
CME proposes to amend rules related
to its business as a derivatives clearing
organization offering interest rate swap
(‘‘IRS’’) clearing services. More
specifically, CME proposes to accept the
following swaps for clearing beginning
September 17, 2012:
• Zero Coupon Swaps denominated
in United States Dollars (‘‘USD’’), Euros
(‘‘EUR’’) and British Pound Sterling
(‘‘GBP’’) with Termination Dates up to
50 years;
• Overnight Index Swaps (‘‘OIS’’)
denominated in USD, EUR, GBP and
Japanese Yen (‘‘JPY’’) with Termination
Dates up to 30 years; and
7 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
VerDate Mar<15>2010
18:54 Sep 21, 2012
Jkt 226001
• An extension of the latest
Termination Date for swaps
denominated in USD, EUR and GBP to
51 years and 10 days.
The text of proposed rule changes to
CME Rule 90002.L, relating to the
extension of termination dates, is
available at CME’s Web site at https://
www.cmegroup.com/market-regulation/
files/SEC_19B–4_12-35.pdf.
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.
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 with the
Commodity Futures Trading
Commission and currently offers
clearing services for IRS. With this
filing, CME proposes to accept the
following swaps for clearing beginning
September 17, 2012:
• Zero Coupon Swaps denominated
in United States Dollars (‘‘USD’’) Euros
(‘‘EUR’’) and British Pound Sterling
(‘‘GBP’’) with Termination Dates up to
50 years;
• Overnight Index Swaps (‘‘OIS’’)
denominated in USD, EUR, GBP and
Japanese Yen (‘‘JPY’’) with Termination
Dates up to 30 years; and
• An extension of the latest
Termination Date for swaps
denominated in USD, EUR and GBP to
51 years and 10 days.
The Manual of Operations for CME
Cleared Interest Rate Swaps (the ‘‘IRS
Manual’’) is also being updated in
connection with these proposed changes
to reflect the acceptance of the above
interest rate swaps and to make certain
other operational updates and
typographical and grammatical
corrections. The IRS Manual changes
will be effective on September 17, 2012.
CME notes that it has also submitted
the proposed rule changes that are the
subject of this filing to the Commodity
Futures Trading Commission (‘‘CFTC’’),
in CME Submission 12–275.
CME believes the proposed rule
change is consistent with the
requirements of the Act and particularly
with Section 17A of the Act because it
PO 00000
Frm 00098
Fmt 4703
Sfmt 4703
58899
involves clearing of swaps and futures
contracts and thus relate solely to CME’s
swaps and futures clearing activities
pursuant to its registration as a
derivatives clearing organization under
the Commodity Exchange Act (‘‘CEA’’)
and does not significantly affect any
securities clearing operations of the
clearing agency or any related rights or
obligations of the clearing agency or
persons using such service. CME further
notes that the policies of the CEA with
respect to clearing are comparable to a
number of the policies underlying the
Act, such as promoting market
transparency for over-the-counter
derivatives and futures markets,
promoting the prompt and accurate
clearance of transactions, and protecting
investors and the public interest. The
proposed rule changes accomplish those
objectives by offering investors
enhancements in relation to CME’s IRS
product offering.
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
this proposed rule change. CME has not
received any unsolicited written
comments from interested parties.
III. 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 may be
submitted by using 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 No. SR–CME–2012–
35 on the subject line.
• Paper comments should be sent 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–CME–2012–35. 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
E:\FR\FM\24SEN1.SGM
24SEN1
Agencies
[Federal Register Volume 77, Number 185 (Monday, September 24, 2012)]
[Notices]
[Pages 58897-58899]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-23439]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Self-Regulatory Organizations; Chicago Board Options Exchange,
Incorporated; Notice of Filing of a Proposed Rule Change To Amend Rules
Regarding Requests for Data Related to Exchange Reviews
September 18, 2012.
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 September 4, 2012, the Chicago Board Options Exchange,
Incorporated (the ``Exchange'' or ``CBOE'') 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 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 Exchange proposes to amend its rules regarding the furnishing
of data requested with respect to any review conducted by the Exchange.
The text of the proposed rule change is available on the Exchange's Web
site (https://www.cboe.com/AboutCBOE/CBOELegalRegulatoryHome.aspx), at
the Exchange's Office of the Secretary, 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 included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Exchange has prepared summaries, set forth in
sections A, B, and C below, of the most significant aspects of such
statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, Proposed Rule Change
1. Purpose
The Exchange proposes to amend its rules regarding the furnishing
of data
[[Page 58898]]
requested with respect to any review conducted by the Exchange. The
Exchange currently requests and receives certain trade data from
Trading Permit Holders (``TPHs'') and TPH organizations on an ad hoc
basis, in the course of discharging its regulatory responsibilities as
a self-regulatory organization.\3\ Currently, TPHs and TPH
organizations provide such data in a variety of different manners and
formats, often piecemeal. Because the form of the submitted information
is highly variable and the manner of submission is not standard, the
Exchange's Regulatory Division expends considerable resources in re-
organizing and systematizing the information in order to perform proper
reviews and analyses.
---------------------------------------------------------------------------
\3\ This data, which is provided in a comma-separated values
format, currently includes, when applicable, separate data fields
for trade date, order entry time (milliseconds), cancel time
(milliseconds), execution time (milliseconds), unique ticker symbol,
side, execution price, event type, unique account identification,
user ID, order ID, broker location, quantity, locate source for
short sale, number of shares remaining after a partial execution,
and the code of the exchange to which an order was routed.
---------------------------------------------------------------------------
As such, the Exchange proposes that, in addition to the existing
obligation under Exchange rules regarding the production of books and
records, each TPH or TPH organization shall furnish upon request, in
the manner and standard electronic format prescribed by the Exchange,
data concerning orders, transactions, and positions, including related
hedges and offsets, in relation to a regulatory review conducted by the
Exchange. This change would allow the Exchange to develop uniform
procedures and forms for the submission of this order, position and
trade data (the ``Trade Data''). The existence of a standard format for
the submission of Trade Data would allow the TPHs to better prepare for
regulatory responses and would allow the Exchange regulatory staff to
review and analyze Trade Data in a vastly more efficient and organized
manner which in turn will expedite such review and analysis. The
Exchange proposes to publish by circular the layout of Trade Data that
may be included in any particular request such that the TPHs can
understand the specific information to be submitted in response to each
request. For example, a particular request may require submission of
the entire data layout or may be limited to only certain components of
the layout.
The Exchange will not enforce compliance with this proposed rule
change until the Exchange has announced an implementation plan. The
Exchange expects to announce such implementation plan via a Regulatory
Circular during the fourth calendar quarter of 2012. The implementation
plan will include a subsequent compliance date. The intervening period
between the announcement of the implementation plan and the compliance
date will allow TPHs time to prepare to comply.
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Act \4\ and the rules and regulations thereunder and, in
particular, the requirements of Section 6(b) of the Act.\5\
Specifically, the Exchange believes the proposed rule change is
consistent with the Section 6(b)(5) \6\ requirements that the rules of
an exchange be designed to promote just and equitable principles of
trade, to prevent fraudulent and manipulative acts, to remove
impediments to and to perfect the mechanism for a free and open market
and a national market system, and, in general, to protect investors and
the public interest. The existence of a uniform and standard format for
the submission of Trade Data and other such information requested with
respect to any review will remove impediments to and perfect the
mechanism for a free and open market and a national market system, and
in general, protect investors and the public interest by removing
confusion regarding the submission of such information, and by making
the review of such information a more efficient and effective process.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78s(b)(1).
\5\ 15 U.S.C. 78f(b).
\6\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
CBOE 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 Act.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
The Exchange neither solicited nor received comments on the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the self-regulatory organization consents, the Commission will:
(A) By order approve or disapprove such proposed rule change, or
(B) Institute proceedings to determine whether the proposed rule
change should be disapproved.
IV. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:
Electronic Comments
Use the Commission's Internet comment form (https://www.sec.gov/rules/sro.shtml); or
Send an email to rule-comments@sec.gov. Please include
File Number SR-CBOE-2012-087 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-CBOE-2012-087. 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 such 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
[[Page 58899]]
information that you wish to make available publicly. All submissions
should refer to File Number SR-CBOE-2012-087 and should be submitted on
or before October 15, 2012.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
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\7\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-23439 Filed 9-21-12; 8:45 am]
BILLING CODE 8011-01-P