Sunshine Act Meeting, 15771 [2013-05762]
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Federal Register / Vol. 78, No. 48 / Tuesday, March 12, 2013 / Notices
15771
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c. Tier 1 non-ETP issues < $0.75
d. Tier 1 non-leveraged ETPs in each of
above categories
e. Tier 1 leveraged ETPs in each of above
categories
f. Tier 2 non-ETPs in each of above
categories
g. Tier 2 non-leveraged ETPs in each of
above categories
h. Tier 2 leveraged ETPs in each of above
categories
2. Partition by time of day
a. Opening (prior to 9:45 a.m. ET)
b. Regular (between 9:45 a.m. ET and 3:35
p.m. ET)
c. Closing (after 3:35 p.m. ET)
d. Within five minutes of a Trading Pause
re-open or IPO open
3. Track reasons for entering a Limit State,
such as:
a. Liquidity gap—price reverts from a Limit
State Quotation and returns to trading
within the Price Bands
b. Broken trades
c. Primary Listing Exchange manually
declares a Trading Pause pursuant to
Section (VII)(2) of the Plan
d. Other
B. Determine (1), (2) and (3) for when a
Trading Pause has been declared for an NMS
Stock pursuant to the Plan.
b. Shares
c. Shares executed
2. Market/marketable buy orders arrivals and
executions
a. Count
b. Shares
c. Shares executed
3. Count arriving, volume arriving and shares
executing in limit sell orders above NBBO
mid-point
4. Count arriving, volume arriving and shares
executing in limit sell orders at or below
NBBO mid-point (non-marketable)
5. Count arriving, volume arriving and shares
executing in limit buy orders at or above
NBBO mid-point (non-marketable)
6. Count arriving, volume arriving and shares
executing in limit buy orders below NBBO
mid-point
7. Count and volume arriving of limit sell
orders priced at or above NBBO mid-point
plus $0.05
8. Count and volume arriving of limit buy
orders priced at or below NBBO mid-point
minus $0.05
9. Count and volume of (3–8) for cancels
10. Include: Ticker, date, time at start, time
of Limit State, all data item fields in 1, last
sale prior to 15-second period (null if no
trades today), range during 15-second
period, last trade during 15-second period
II. Raw Data (All Participants, Except A–E,
Which Are for the Primary Listing
Exchanges Only)
A. Record of every Straddle State
1. Ticker, date, time entered, time exited,
flag for ending with Limit State, flag for
ending with manual override.
2. Pipe delimited with field names as first
record.
B. Record of every Price Band
1. Ticker, date, time at beginning of Price
Band, Upper Price Band, Lower Price
Band
2. Pipe delimited with field names as first
record
C. Record of every Limit State
1. Ticker, date, time entered, time exited,
flag for halt
2. Pipe delimited with field names as first
record
D. Record of every Trading Pause or halt
1. Ticker, date, time entered, time exited,
type of halt (i.e., regulatory halt, nonregulatory halt, Trading Pause pursuant
to the Plan, other)
2. Pipe delimited with field names as first
record
E. Data set or orders entered into reopening
auctions during halts or Trading Pauses
1. Arrivals, Changes, Cancels, # shares,
limit/market, side, Limit State side
2. Pipe delimited with field name as first
record
F. Data set of order events received during
Limit States
G. Summary data on order flow of arrivals
and cancellations for each 15-second
period for discrete time periods and
sample stocks to be determined by the
SEC in subsequent data requests. Must
indicate side(s) of Limit State.
1. Market/marketable sell orders arrivals and
executions
a. Count
III. At least two months prior to the end of
the Pilot Period, all Participants shall
provide to the SEC assessments relating to
the impact of the Plan and calibration of the
Percentage Parameters as follows:
A. Assess the statistical and economic
impact on liquidity of approaching Price
Bands.
B. Assess the statistical and economic
impact of the Price Bands on erroneous
trades.
C. Assess the statistical and economic
impact of the appropriateness of the
Percentage Parameters used for the Price
Bands.
D. Assess whether the Limit State is the
appropriate length to allow for liquidity
replenishment when a Limit State is reached
because of a temporary liquidity gap.
E. Evaluate concerns from the options
markets regarding the statistical and
economic impact of Limit States on liquidity
and market quality in the options markets.
(Participants that operate options exchange
should also prepare such assessment reports.)
F. Assess whether the process for entering
a Limit State should be adjusted and whether
Straddle States are problematic.
G. Assess whether the process for exiting
a Limit State should be adjusted.
H. Assess whether the Trading Pauses are
too long or short and whether the reopening
procedures should be adjusted.
Dated: March 7, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013–05635 Filed 3–11–13; 8:45 am]
March 7, 2013.
BILLING CODE 8011–01–P
Rule 613(a)(1) of the Securities
Exchange Act of 1934 (‘‘Exchange
Act’’) 1 requires the Financial Industry
Regulatory Authority, Inc. (‘‘FINRA’’)
and the seventeen registered national
securities exchanges (collectively, the
‘‘SROs’’) to ‘‘jointly file on or before 270
VerDate Mar<15>2010
17:21 Mar 11, 2013
Jkt 229001
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a Closed Meeting
on Thursday, March 14, 2013 at 2:00
p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matters at the Closed
Meeting.
Commissioner Paredes, as duty
officer, voted to consider the items
listed for the Closed Meeting in a closed
session.
The subject matter of the Closed
Meeting will be:
Institution and settlement of injunctive
actions;
Institution and settlement of
administrative proceedings;
An adjudicatory matter; and
Other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact the Office of the Secretary at
(202) 551–5400.
[FR Doc. 2013–05762 Filed 3–8–13; 4:15 pm]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–69060]
Order Granting a Temporary
Exemption Pursuant to Section 36(a)(1)
of the Securities Exchange Act of 1934
From the Filing Deadline Specified in
Rule 613(a)(1) of the Exchange Act
1 17
E:\FR\FM\12MRN1.SGM
CFR 242.613(a)(1).
12MRN1
Agencies
[Federal Register Volume 78, Number 48 (Tuesday, March 12, 2013)]
[Notices]
[Page 15771]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-05762]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Public Law 94-409, that the Securities
and Exchange Commission will hold a Closed Meeting on Thursday, March
14, 2013 at 2:00 p.m.
Commissioners, Counsel to the Commissioners, the Secretary to the
Commission, and recording secretaries will attend the Closed Meeting.
Certain staff members who have an interest in the matters also may be
present.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) and 17 CFR
200.402(a)(3), (5), (7), 9(ii) and (10), permit consideration of the
scheduled matters at the Closed Meeting.
Commissioner Paredes, as duty officer, voted to consider the items
listed for the Closed Meeting in a closed session.
The subject matter of the Closed Meeting will be:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings;
An adjudicatory matter; and
Other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
For further information and to ascertain what, if any, matters have
been added, deleted or postponed, please contact the Office of the
Secretary at (202) 551-5400.
Dated: March 7, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-05762 Filed 3-8-13; 4:15 pm]
BILLING CODE 8011-01-P