Sunshine Act Meeting, 54336 [2013-21412]
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54336
Federal Register / Vol. 78, No. 170 / Tuesday, September 3, 2013 / Notices
sale prior to 15-second period (null if no
trades today), range during 15-second
period, last trade during 15-second
period
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.
[FR Doc. 2013–21301 Filed 8–30–13; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
emcdonald on DSK67QTVN1PROD with NOTICES
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 Wednesday, September 4, 2013 at
10:00 a.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 her designee, has
certified that, in her 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 Stein, as duty officer,
voted to consider the items listed for the
Closed Meeting in a closed session.
17:57 Aug 30, 2013
Dated: August 28, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013–21412 Filed 8–29–13; 11:15 am]
BILLING CODE 8011–01–P
Jkt 229001
The text of the proposed rule change
is available on the Exchange’s Web site
at https://nasdaq.cchwallstreet.com, at
the principal office of the Exchange, 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.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–70269; File No. SR–
NASDAQ–2013–106]
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
Self-Regulatory Organizations; The
NASDAQ Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
a Proposed Rule Change To Amend
Rule 7026
August 27, 2013.
BILLING CODE 8011–01–P
VerDate Mar<15>2010
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.
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 August
16, 2013, The NASDAQ Stock Market
LLC (‘‘NASDAQ’’ or ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘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 the Substance
of the Proposed Rule Change
The Exchange proposes a rule change
to NASDAQ Rule 7026 (Distribution
Models) regarding Managed Data
Solutions (‘‘MDS’’), to indicate that this
option is available for non-display use
only. This would conform non-display
MDS in Rule 7026(b) with non-display
MDS on PSX, the equity market of
NASDAQ OMX PHLX LLC (‘‘Phlx’’),
and on NASDAQ OMX BX, Inc. (‘‘BX’’).
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00105
Fmt 4703
Sfmt 4703
The purpose of this proposal is to
amend Rule 7026(b) to indicate that
NASDAQ MDS is available for nondisplay use only. This would conform
non-display MDS on NASDAQ with
recent immediately effective proposals
establishing non-display MDS on PSX
and on BX.3
No other changes to Rule 7026 are
proposed or made by this filing.
MDS has been available on NASDAQ
since 2010,4 and is, in all material
respects, similar to MDS on PSX and on
BX, except that MDS is currently
available for display on NASDAQ. This
proposal aligns and conforms the nondisplay nature of MDS for all three SelfRegulatory Organization (‘‘SRO’’)
exchanges under the umbrella of the
NASDAQ OMX Group Inc., (‘‘NASDAQ
OMX Group’’), namely NASDAQ, PSX,
and BX.
3 See Securities Exchange Release Nos. 69182
(March 19, 2013), 78 FR 18378 (March 26, 2013)
(SR–Phlx–2013–28) (notice of filing and immediate
effectiveness implementing MDS on PSX) (the ‘‘PSX
MDS filing’’); and 69041 (March 5, 2013), 78 FR
15791 (March 12, 2013) (SR–BX–2013–018) (notice
of filing and immediate effectiveness implementing
MDS on BX) (the ‘‘BX MDS filing’’).
4 See Securities Exchange Release No. 63276
(November 8, 2010), 75 FR 69717 (November 15,
2010) (SR–NASDAQ–2010–138) (notice of filing
and immediate effectiveness implementing MDS on
NASDAQ) (the ‘‘NASDAQ MDS filing’’). Other
markets have also implemented a managed data
solution. See, for example, Securities Exchange
Release No. 65678 (November 3, 2011), 76 FR 70178
(November 10, 2011) (SR–ISE–2011–67) (notice of
filing and immediate effectiveness implementing a
managed data solution on ISE).
E:\FR\FM\03SEN1.SGM
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[Federal Register Volume 78, Number 170 (Tuesday, September 3, 2013)]
[Notices]
[Page 54336]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-21412]
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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 Wednesday,
September 4, 2013 at 10:00 a.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 her designee, has
certified that, in her 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 Stein, 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: August 28, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-21412 Filed 8-29-13; 11:15 am]
BILLING CODE 8011-01-P
