Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Apply a Strategy Fee Cap to Jelly Rolls, 36002 [C1-2013-13274]

Download as PDF 36002 Federal Register / Vol. 78, No. 115 / Friday, June 14, 2013 / Notices For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.39 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. 2013–14114 Filed 6–13–13; 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–EDGX–2013–19 on the subject line. mstockstill on DSK4VPTVN1PROD with NOTICES 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. Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Apply a Strategy Fee Cap to Jelly Rolls 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–EDGX–2013–19. 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–EDGX– 2013–19 and should be submitted on or before July 5, 2013. In notice document 2013–13274, appearing on pages 33877–33880 in the issue of Wednesday, June 5, 2013, make the following correction: On page 33877, in the second column, the heading is corrected to read as set forth above. VerDate Mar<15>2010 17:03 Jun 13, 2013 Jkt 229001 BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–69671; File No. SR–Phlx– 2013–59] May 30, 2013. Correction [FR Doc. C1–2013–13274 Filed 6–13–13; 8:45 am] BILLING CODE 1505–01–D SECURITIES AND EXCHANGE COMMISSION [Release No. 34–69723; File No. SR–OCC– 2013–08] Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Proposed Rule Change To Reflect Enhancements in OCC’s System for Theoretical Analysis and Numerical Simulations as Applied to Longer-Tenor Options June 10, 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 30, 2013, The Options Clearing Corporation (‘‘OCC’’) 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 clearing agency.3 The Commission is publishing 39 17 CFR 200.30–3(a)(12). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 OCC also filed the proposed rule change as an advance notice under Section 806(e)(1) of Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act entitled the Payment, Clearing, and Settlement Supervision Act of 2010 (‘‘Clearing Supervision Act’’). 12 U.S.C. 5465(e)(1). See SR–OCC–2013–803. 1 15 PO 00000 Frm 00155 Fmt 4703 Sfmt 4703 this notice to solicit comments on the proposed rule change from interested persons. I. Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change would provide for enhancements in OCC’s margin model for longer-tenor options (i.e., those options with at least three years of residual tenor) and would reflect those enhancements in the description of OCC’s margin model in OCC’s Rules. II. Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, OCC 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. OCC has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements.4 (A) Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change The purpose of this proposed rule change is to provide for enhancements in OCC’s margin model for longer-tenor options (i.e., those options with at least three years of residual tenor) and to reflect those enhancements in the description of OCC’s margin model in OCC’s Rules. OCC also proposes to make changes to the description of OCC’s margin model to clarify that description. 1. Background On August 30, 2012, OCC submitted a rule change with respect to OCC’s proposal to clear certain over-thecounter options on the S&P 500 Index (‘‘OTC Options’’).5 The OTC Options Rule Filing, as amended, added a statement appearing before Section 6 of Article XVII of OCC’s By-Laws that ‘‘THE BY–LAWS IN THIS SECTION (OTC INDEX OPTIONS) ARE 4 The Commission has modified the text of the summaries prepared by OCC. 5 See Release No. 34–67835; File No. SR–OCC– 2012–14 (‘‘OTC Options Rule Filing’’); published September 18, 2012 at 77 FR 57602. SR–OCC–2012– 14 replaced SR–OCC–2011–19, which was withdrawn on March 9, 2012. The OTC Options Rule Filing was subsequently amended to add a statement to Section 6 of Article XVII of OCC’s ByLaws providing that the OTC Index Options ByLaws were to be inoperative until further notice by OCC. See File No. SR–OCC–2012–14 Amendment No.1. E:\FR\FM\14JNN1.SGM 14JNN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 78, Number 115 (Friday, June 14, 2013)]
[Notices]
[Page 36002]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: C1-2013-13274]


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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-69671; File No. SR-Phlx-2013-59]


Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of 
Filing and Immediate Effectiveness of Proposed Rule Change To Apply a 
Strategy Fee Cap to Jelly Rolls

May 30, 2013.

Correction

    In notice document 2013-13274, appearing on pages 33877-33880 in 
the issue of Wednesday, June 5, 2013, make the following correction:
    On page 33877, in the second column, the heading is corrected to 
read as set forth above.

[FR Doc. C1-2013-13274 Filed 6-13-13; 8:45 am]
BILLING CODE 1505-01-D

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.