Government In the Sunshine Meeting Notice, 31989 [2013-12669]

Download as PDF Federal Register / Vol. 78, No. 102 / Tuesday, May 28, 2013 / Notices Dated: May 21, 2013. Cayetano Santos, Chief, Technical Support Branch, Advisory Committee on Reactor Safeguards. SECURITIES AND EXCHANGE COMMISSION [Release No. 34–69612; File No. SR–Phlx– 2013–52] [FR Doc. 2013–12591 Filed 5–24–13; 8:45 am] BILLING CODE 7590–01–P OVERSEAS PRIVATE INVESTMENT CORPORATION Government In the Sunshine Meeting Notice Thursday, June 13, 2013, 10 a.m. (Open Portion); 10:15 a.m. (Closed Portion). TIME AND DATE: Offices of the Corporation, Twelfth Floor Board Room, 1100 New York Avenue NW., Washington, DC PLACE: Meeting open to the Public from 10 a.m. to 10:15 a.m. Closed portion will commence at 10:15 a.m. (approx.). STATUS: Matters To Be Considered 1. President’s Report 2. Confirmation—Margaret L. Kuhlow as Vice President, Office of Investment Policy 3. Minutes of the Open Session of the March 21, 2013 Board of Directors Meeting Further Matters To Be Considered (Closed to the Public 10:15 a.m.) 1. Finance Project—Chile 2. Finance Project—Chile 3. Finance Project—Malaysia 4. Finance Project—Uruguay 5. Minutes of the Closed Session of the March 21, 2013 Board of Directors Meeting 6. Reports 7. Pending Major Projects Written summaries of the projects to be presented will be posted on OPIC’s Web site on or about May 23, 2013. FOR FURTHER INFORMATION CONTACT: mstockstill on DSK4VPTVN1PROD with NOTICES Information on the meeting may be obtained from Connie M. Downs at (202) 336–8438. Dated: May 23, 2013. Connie M. Downs, Corporate Secretary, Overseas Private Investment Corporation. [FR Doc. 2013–12669 Filed 5–23–13; 11:15 am] Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of Filing of Proposed Rule Change and Amendment No. 1 Thereto To Establish a Lead Market Maker Program on the NASDAQ OMX PSX Market and To Make Related Changes to the Schedule Fees and Rebates for Execution of Quotes and Orders May 21, 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 May 7, 2013, NASDAQ OMX PHLX LLC (‘‘Phlx’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change, which filing was amended by Amendment No. 1 thereto on May 15, 2013, as described in Items 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 establish a Lead Market Maker (‘‘LMM’’) program on its NASDAQ OMX PSX (‘‘PSX’’) market and to make related changes to its schedule of fees and rebates for execution of quotes and orders on PSX. Phlx proposes to implement the proposed rule change as soon as practicable following Commission approval. The text of the proposed rule change is available on the Exchange’s Web site at https:// nasdaqomxphlx.cchwallstreet.com/ nasdaqomxphlx/phlx/, at the Exchange’s principal office, 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 BILLING CODE 3210–01–P 1 15 2 17 VerDate Mar<15>2010 17:46 May 24, 2013 Jkt 229001 PO 00000 U.S.C. 78s(b)(1). CFR 240.19b–4. Frm 00106 Fmt 4703 Sfmt 4703 31989 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 Commission recently approved modifications to the rules governing the operation of Phlx’s PSX trading platform in order to replace its price/size/pro rata allocation model with a price/time model, and to permit member organizations to register as market makers in securities traded on PSX.3 Phlx is now proposing to adopt a program for designating Lead Market Makers in particular securities, and adopting associated pricing changes. The overall purpose of these changes is to use financial incentives to encourage member organizations to become LMMs on PSX and adhere to rigorous standards of market quality.4 In doing so, the Exchange hopes to increase the attractiveness of PSX as a trading venue and benefit all of its market participants by increasing the extent to which liquidity is available on PSX at or near the national best bid and national best offer (‘‘NBBO’’). An NMS stock that has been selected by the Exchange as a security for which it wishes to designate a Lead Market Maker will be known as a ‘‘Qualified Security.’’ Initially, the Exchange expects that Qualified Securities will be limited to trust-issued receipts, portfolio depository receipts, managed fund shares, and other forms of exchangetraded products (‘‘ETPs’’). Phlx has the discretion, however, to designate any NMS stock eligible for trading on PSX as a Qualified Security for which an LMM may be designated. The Exchange will select Qualified Securities based on factors that include, but may not be limited to, historical trading patterns and the interest expressed by member organizations in making a market in particular securities. Depending on its 3 Securities Exchange Act Release No. 69452 (April 25, 2013), 78 FR 25512 (May 1, 2013) (SR– Phlx–2013–24). 4 In its ‘‘Recommendations Regarding Regulatory Responses to the Market Events of May 6, 2010’’ (February 18, 2011) (available at https:// www.cftc.gov/ucm/groups/public/@aboutcftc/ documents/file/jacreport_021811.pdf), the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues recommend that the Commission ‘‘consider encouraging, through incentives or regulation, persons who regularly implement market maker strategies to maintain best buy and sell quotations which are ‘reasonably related to the market,’ ’’ noting that such ‘‘measures could certainly include differential pricing.’’ Phlx believes that this proposed rule change is responsive to this recommendation. E:\FR\FM\28MYN1.SGM 28MYN1

Agencies

[Federal Register Volume 78, Number 102 (Tuesday, May 28, 2013)]
[Notices]
[Page 31989]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-12669]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Government In the Sunshine Meeting Notice

TIME AND DATE:  Thursday, June 13, 2013, 10 a.m. (Open Portion); 10:15 
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 10 a.m. to 10:15 a.m. Closed 
portion will commence at 10:15 a.m. (approx.).

Matters To Be Considered

1. President's Report
2. Confirmation--Margaret L. Kuhlow as Vice President, Office of 
Investment Policy
3. Minutes of the Open Session of the March 21, 2013 Board of Directors 
Meeting

Further Matters To Be Considered (Closed to the Public 10:15 a.m.)

1. Finance Project--Chile
2. Finance Project--Chile
3. Finance Project--Malaysia
4. Finance Project--Uruguay
5. Minutes of the Closed Session of the March 21, 2013 Board of 
Directors Meeting
6. Reports
7. Pending Major Projects

    Written summaries of the projects to be presented will be posted on 
OPIC's Web site on or about May 23, 2013.

FOR FURTHER INFORMATION CONTACT: Information on the meeting may be 
obtained from Connie M. Downs at (202) 336-8438.

    Dated: May 23, 2013.
Connie M. Downs,
Corporate Secretary, Overseas Private Investment Corporation.
[FR Doc. 2013-12669 Filed 5-23-13; 11:15 am]
BILLING CODE 3210-01-P
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