Self-Regulatory Organizations; C2 Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend C2 Rule 6.52, 25505-25506 [2013-10279]
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Federal Register / Vol. 78, No. 84 / Wednesday, May 1, 2013 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–69458; File No. SR–C2–
2013–019]
Self-Regulatory Organizations; C2
Options Exchange, Incorporated;
Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change To Amend C2 Rule 6.52
April 25, 2013.
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 April 19,
2013, C2 Options Exchange,
Incorporated (‘‘C2’’ or ‘‘Exchange’’) 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 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
C2 proposes to amend C2 Rule 6.52
(Solicitation Auction Mechanism),
which sets forth a minimum order
eligibility size predicated on an option
contract delivering 100 shares. The
proposal would amend C2 Rule 6.52 to
establish a minimum order eligibility
size in an amount proportional to minioptions delivering 10 shares (i.e., the
same number of underlying securities).
The Exchange is not proposing to
change the substantive content of this
rule. The text of the proposed rule
change is available on the Exchange’s
Web site (https://www.c2exchange.com/
Legal/), at the Exchange’s Office of the
Secretary, and at the Commission’s
Public Reference Room.
wreier-aviles on DSK5TPTVN1PROD with NOTICES
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.
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
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14:21 Apr 30, 2013
Jkt 229001
1. Purpose
C2’s rules were recently amended to
allow for the listing of mini-options that
deliver 10 physical shares on SPDR S&P
500 (‘‘SPY’’), Apple, Inc. (‘‘AAPL’’),
SPDR Gold Trust (‘‘GLD’’), Google Inc.
(‘‘GOOG’’) and Amazon.com Inc.
(‘‘AMZN’’).3 Mini-options trading
commenced on March 18, 2013.
Standard equity and exchange-traded
fund (‘‘ETF’’) option contracts have a
unit of trading of 100 shares deliverable
and mini-options have a unit of trading
of 10 shares deliverable.4 Except for the
difference in the number of deliverable
shares, mini-options have the same
terms and contract characteristics as
standard equity and ETF options,
including exercise style. Accordingly,
the mini-option filing contained a
representation that the rules that apply
to the trading of standard option
contracts will apply to mini-options as
well.5
The Exchange proposes to amend
Rule 6.52 (Solicitation Auction
Mechanism), which sets forth a
minimum order eligibility size
predicated on an option contract
delivering 100 shares. The purpose of
the proposed rule change is to amend
C2 Rule 6.52 to establish a minimum
order eligibility size in an amount
proportional to mini-options delivering
10 shares (i.e., the same number of
underlying securities). The Exchange is
not proposing to change the substantive
content of this rule.
C2 Rule 6.52 permits a C2 Participant
that represents agency orders to
3 Chapter 5 to the C2 Rulebook provides that the
rules contained in Chicago Board Options
Exchange, Incorporated (‘‘CBOE’’) Chapter V, as
such rules may be in effect from time to time, shall
apply to C2 and that C2 participants shall comply
with CBOE Rule Chapter V as if such rules were
part of the C2 Rules. Accordingly, when CBOE
amended Rule 5.5 to provide for the trading of
mini-options, that filing resulted in a simultaneous
change to identical C2 rules. See Securities
Exchange Act Release No. 68656 (January 15, 2013),
78 FR 4526 (January 22, 2013) (Notice of Filing and
Immediate Effectiveness of a Proposed Rule Change
to List and Trade Option Contracts Overlying 10
Shares of Certain Securities) (SR–CBOE–2013–001)
(‘‘mini-option filing’’).
4 Strike prices for mini-options are set at the same
level as for standard options. See CBOE Rule
5.5.22(b). Bids and offers for mini-options are
expressed in terms of dollars per 1/10th part of the
total value of the contract. See C2 Rule 6.3(c). No
additional series of mini-options may be added if
the underlying security is trading at $90 or less. The
underlying security must trade above $90 for five
consecutive days prior to listing mini-option
contracts in an additional expiration month. See
CBOE Rule 5.5.22(c).
5 78 FR 4527.
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
25505
electronically execute orders it
represents as agent (‘‘Agency Order’’)
against solicited orders provided it
submits the Agency Order for electronic
execution into the solicitation auction
mechanism (the ‘‘Auction’’) pursuant to
the requirements of C2 Rule 6.52. C2
Rule 6.52(a)(1) requires the Exchange to
determine minimum eligible size
parameters for participation in
Auctions, however, the eligible order
size may not be less than 500 standard
option contracts (which is equivalent to
5,000 mini-option contracts). The
Exchange proposes to maintain the
minimum eligibility size parameters for
mini-options that are required for
standard options in proportion.
Accordingly, C2 proposes to amend
C2 Rule 6.52(a)(1) to specify that the
minimum order size for standard
options may not be less than 500
contracts and the minimum order size
for mini-options may not be less than
5,000 contracts.
Standard option series subject to an
adjustment will be subject to the
minimum order quantity for standard
options contained in C2 Rule 6.52 and
mini-option series subject to an
adjustment will be subject to the
minimum order quantities for minioptions contained in C2 Rule 6.52.
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the Act
and the rules and regulations
thereunder, including the requirements
of Section 6(b) of the Act.6 In particular,
the Exchange believes the proposed rule
change is consistent with the Section
6(b)(5) 7 requirements that the rules of
an exchange be designed to promote just
and equitable principles of trade, to
prevent fraudulent and manipulative
acts, to foster cooperation and
coordination with persons engaged in
facilitating transactions in securities, 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.
Specifically, the Exchange believes
that investors would benefit from the
current rule proposal because it would
clarify how the minimum order quantity
that is predicated on an option contract
delivering 100 shares will apply to
mini-options. The Exchange believes
that the marketplace and investors will
be expecting clarification by the
Exchange on this issue. As a result, the
Exchange believes that this change
would lessen investor and marketplace
6 15
7 15
E:\FR\FM\01MYN1.SGM
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
01MYN1
25506
Federal Register / Vol. 78, No. 84 / Wednesday, May 1, 2013 / Notices
confusion because the rule being
amended by this filing will be clear as
to the application to mini-options.
The Exchange also believes that the
current proposal is designed to promote
just and equitable principles of trade
because it will maintain the minimum
order quantity set forth in C2 Rule 6.52
in an amount proportional to minioptions.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
This proposed rule change does not
impose any burden on competition that
is not necessary or appropriate in
furtherance of the purposes of the Act.
In this regard, since mini-options are
permitted on multiply-listed classes,
several exchanges have changed their
auction rules so that those rules [sic] set
forth minimum order quantities for
standard options will apply in amounts
proportional to mini-options. C2
believes that the proposed rule change
will enhance competition by providing
for the same proportional minimum
order quantity contained in Rule 6.52 to
apply to standard and mini-options on
the same security.
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.
wreier-aviles on DSK5TPTVN1PROD with NOTICES
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 8 and Rule
19b–4(f)(6) thereunder.9
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
8 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.
9 17
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14:21 Apr 30, 2013
Jkt 229001
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.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Kevin M. O’Neill,
Deputy Secretary.
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:
[FR Doc. 2013–10279 Filed 4–30–13; 8:45 am]
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–C2–2013–019 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–C2–2013–019. 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
10:00 a.m. and 3:00 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–C2–
2013–019 and should be submitted on
or before May 22, 2013.
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–69454; File No. SR–
NASDAQ–2013–068]
Self-Regulatory Organizations; The
NASDAQ Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Modify
NASDAQ’s Rule Governing
Modification of Orders in the Event of
an Issuer Corporate Action Related to
a Dividend, Payment or Distribution,
and To Make Related Clarifications to
Rule Text
April 25, 2013.
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 April 17,
2013, The NASDAQ Stock Market LLC
(‘‘NASDAQ’’ or the ‘‘Exchange’’) 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 self-regulatory
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
NASDAQ proposes to modify
NASDAQ’s rule governing modification
of orders in the event of an issuer
corporate action related to a dividend,
payment or distribution, and to make
related clarifications to rule text. The
Exchange has designated the proposed
changes as immediately effective, and
proposes to implement the changes on
or shortly after the 30th day after the
date of the filing. The text of the
proposed rule change is available on the
Exchange’s Web site at https://
www.nasdaq.cchwallstreet.com, at the
principal office of the Exchange, and at
the Commission’s Public Reference
Room.
10 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
1 15
E:\FR\FM\01MYN1.SGM
01MYN1
]]>Agencies
[Federal Register Volume 78, Number 84 (Wednesday, May 1, 2013)]
[Notices]
[Pages 25505-25506]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-10279]
[[Page 25505]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-69458; File No. SR-C2-2013-019]
Self-Regulatory Organizations; C2 Options Exchange, Incorporated;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Amend C2 Rule 6.52
April 25, 2013.
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 April 19, 2013, C2 Options Exchange, Incorporated (``C2'' or
``Exchange'') 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 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
C2 proposes to amend C2 Rule 6.52 (Solicitation Auction Mechanism),
which sets forth a minimum order eligibility size predicated on an
option contract delivering 100 shares. The proposal would amend C2 Rule
6.52 to establish a minimum order eligibility size in an amount
proportional to mini-options delivering 10 shares (i.e., the same
number of underlying securities). The Exchange is not proposing to
change the substantive content of this rule. The text of the proposed
rule change is available on the Exchange's Web site (https://www.c2exchange.com/Legal/), 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 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, the Proposed Rule Change
1. Purpose
C2's rules were recently amended to allow for the listing of mini-
options that deliver 10 physical shares on SPDR S&P 500 (``SPY''),
Apple, Inc. (``AAPL''), SPDR Gold Trust (``GLD''), Google Inc.
(``GOOG'') and Amazon.com Inc. (``AMZN'').\3\ Mini-options trading
commenced on March 18, 2013.
---------------------------------------------------------------------------
\3\ Chapter 5 to the C2 Rulebook provides that the rules
contained in Chicago Board Options Exchange, Incorporated (``CBOE'')
Chapter V, as such rules may be in effect from time to time, shall
apply to C2 and that C2 participants shall comply with CBOE Rule
Chapter V as if such rules were part of the C2 Rules. Accordingly,
when CBOE amended Rule 5.5 to provide for the trading of mini-
options, that filing resulted in a simultaneous change to identical
C2 rules. See Securities Exchange Act Release No. 68656 (January 15,
2013), 78 FR 4526 (January 22, 2013) (Notice of Filing and Immediate
Effectiveness of a Proposed Rule Change to List and Trade Option
Contracts Overlying 10 Shares of Certain Securities) (SR-CBOE-2013-
001) (``mini-option filing'').
---------------------------------------------------------------------------
Standard equity and exchange-traded fund (``ETF'') option contracts
have a unit of trading of 100 shares deliverable and mini-options have
a unit of trading of 10 shares deliverable.\4\ Except for the
difference in the number of deliverable shares, mini-options have the
same terms and contract characteristics as standard equity and ETF
options, including exercise style. Accordingly, the mini-option filing
contained a representation that the rules that apply to the trading of
standard option contracts will apply to mini-options as well.\5\
---------------------------------------------------------------------------
\4\ Strike prices for mini-options are set at the same level as
for standard options. See CBOE Rule 5.5.22(b). Bids and offers for
mini-options are expressed in terms of dollars per 1/10th part of
the total value of the contract. See C2 Rule 6.3(c). No additional
series of mini-options may be added if the underlying security is
trading at $90 or less. The underlying security must trade above $90
for five consecutive days prior to listing mini-option contracts in
an additional expiration month. See CBOE Rule 5.5.22(c).
\5\ 78 FR 4527.
---------------------------------------------------------------------------
The Exchange proposes to amend Rule 6.52 (Solicitation Auction
Mechanism), which sets forth a minimum order eligibility size
predicated on an option contract delivering 100 shares. The purpose of
the proposed rule change is to amend C2 Rule 6.52 to establish a
minimum order eligibility size in an amount proportional to mini-
options delivering 10 shares (i.e., the same number of underlying
securities). The Exchange is not proposing to change the substantive
content of this rule.
C2 Rule 6.52 permits a C2 Participant that represents agency orders
to electronically execute orders it represents as agent (``Agency
Order'') against solicited orders provided it submits the Agency Order
for electronic execution into the solicitation auction mechanism (the
``Auction'') pursuant to the requirements of C2 Rule 6.52. C2 Rule
6.52(a)(1) requires the Exchange to determine minimum eligible size
parameters for participation in Auctions, however, the eligible order
size may not be less than 500 standard option contracts (which is
equivalent to 5,000 mini-option contracts). The Exchange proposes to
maintain the minimum eligibility size parameters for mini-options that
are required for standard options in proportion.
Accordingly, C2 proposes to amend C2 Rule 6.52(a)(1) to specify
that the minimum order size for standard options may not be less than
500 contracts and the minimum order size for mini-options may not be
less than 5,000 contracts.
Standard option series subject to an adjustment will be subject to
the minimum order quantity for standard options contained in C2 Rule
6.52 and mini-option series subject to an adjustment will be subject to
the minimum order quantities for mini-options contained in C2 Rule
6.52.
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Act and the rules and regulations thereunder, including the
requirements of Section 6(b) of the Act.\6\ In particular, the Exchange
believes the proposed rule change is consistent with the Section
6(b)(5) \7\ requirements that the rules of an exchange be designed to
promote just and equitable principles of trade, to prevent fraudulent
and manipulative acts, to foster cooperation and coordination with
persons engaged in facilitating transactions in securities, 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.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f(b).
\7\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
Specifically, the Exchange believes that investors would benefit
from the current rule proposal because it would clarify how the minimum
order quantity that is predicated on an option contract delivering 100
shares will apply to mini-options. The Exchange believes that the
marketplace and investors will be expecting clarification by the
Exchange on this issue. As a result, the Exchange believes that this
change would lessen investor and marketplace
[[Page 25506]]
confusion because the rule being amended by this filing will be clear
as to the application to mini-options.
The Exchange also believes that the current proposal is designed to
promote just and equitable principles of trade because it will maintain
the minimum order quantity set forth in C2 Rule 6.52 in an amount
proportional to mini-options.
B. Self-Regulatory Organization's Statement on Burden on Competition
This proposed rule change does not impose any burden on competition
that is not necessary or appropriate in furtherance of the purposes of
the Act. In this regard, since mini-options are permitted on multiply-
listed classes, several exchanges have changed their auction rules so
that those rules [sic] set forth minimum order quantities for standard
options will apply in amounts proportional to mini-options. C2 believes
that the proposed rule change will enhance competition by providing for
the same proportional minimum order quantity contained in Rule 6.52 to
apply to standard and mini-options on the same security.
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.
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 \8\ and Rule 19b-4(f)(6) thereunder.\9\
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(3)(A).
\9\ 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 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-C2-2013-019 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-C2-2013-019. 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
10:00 a.m. and 3:00 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-C2-2013-019 and should be
submitted on or before May 22, 2013.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------
\10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-10279 Filed 4-30-13; 8:45 am]
BILLING CODE 8011-01-P
