Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fees Schedule, 55316-55318 [2013-21932]
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Federal Register / Vol. 78, No. 175 / Tuesday, September 10, 2013 / Notices
5. Do commenters have any concerns
about how an option class might trade
between the time notice has been given
that the option class will be removed
from the proposed permanent penny
program and the time options in that
class begin trading in standard
increments? Please explain.
6. What are commenters’ views on
NYSE Arca’s proposal to conduct a
review on an annual basis? Please
explain. Should such a review interval
be more or less frequent? Please explain.
7. Do commenters believe that the use
of the two proposed market activity
levels (150 most actively traded listed
options classes and 200 most actively
traded issues) would cause confusion
among market participants? Why or why
not? Do you believe the use of the two
proposed market activity levels would
provide an appropriate mechanism to
transition options classes in and out of
the proposed permanent penny
program? Why or why not?
8. NYSE Arca proposes to replace any
options classes participating in the
Program that have been delisted, or are
identified by OCC as ineligible for
opening Customer transactions, with the
next most actively traded multiply
listed options classes that are not yet
included in the Program, based on
trading activity in the previous six full
calendar months. NYSE Arca proposes
that any series in a class overlying the
issues that are being replaced would
continue to trade under the proposed
permanent penny program until they
expire. The replacement issue would be
added to the proposed permanent penny
program at the beginning of the next
quarter. What are commenters’ views on
NYSE Arca’s process to replace options
classes that have been delisted or are
identified by OCC as ineligible for
opening Customer transactions? Please
explain.
9. What are commenters’ views on
whether the minimum quoting
increment should be the same or
different across all exchanges trading
the same option? What are the
advantages and disadvantages to
adopting a uniform permanent penny
program as compared to exchange
specific permanent penny programs?
Please be specific.
10. Commenters are requested to
provide empirical data and other factual
support for their views, if possible.
Comments may be submitted by any
of the following methods:
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
NYSEArca–2013–42 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–NYSEArca–2013–42. 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–
NYSEArca–2013–42 and should be
submitted on or before October 1, 2013.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.16
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–21928 Filed 9–9–13; 8:45 am]
BILLING CODE 8011–01–P
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[Release No. 34–70314; File No. SR–CBOE–
2013–084]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend the Fees
Schedule
September 4, 2013.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on August
22, 2013, Chicago Board Options
Exchange, Incorporated (the ‘‘Exchange’’
or ‘‘CBOE’’) filed with the Securities
and Exchange Commission (the
‘‘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 Substance of
the Proposed Rule Change
The Exchange proposes to amend its
Fees Schedule. The text of the proposed
rule change is available on the
Exchange’s Web site (https://
www.cboe.com/AboutCBOE/
CBOELegalRegulatoryHome.aspx), 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
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Footnote 10 of the Fees Schedule to
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
SECURITIES AND EXCHANGE
COMMISSION
1 15
16 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00080
Fmt 4703
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2 17
E:\FR\FM\10SEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
10SEN1
Federal Register / Vol. 78, No. 175 / Tuesday, September 10, 2013 / Notices
sroberts on DSK5SPTVN1PROD with NOTICES
state that contract volume resulting from
any of the strategies defined in Footnote
13 will apply towards reaching the
Liquidity Provider Sliding Scale (the
‘‘LP Sliding Scale’’) volume thresholds.3
This will put the strategy executions on
the same footing as other transactions
that count towards the LP Sliding Scale.
Further, the Exchange believes this
change will encourage the transaction of
strategy executions. This would result
in increased volume and provide greater
liquidity, which would benefit all
market participants (who could trade on
the other side of these orders). While
CBOE’s previous practice had been to
not apply contract volume resulting
from any of the strategies defined in
Footnote 13 towards the LP Sliding
Scale (as such transactions apply
towards fee caps on strategy executions
as described in Footnote 13), the
Exchange now believes that the
incentive that such application would
provide to Market-Makers to transact
strategy executions outweighs any
countervailing reasoning, as the
Exchange recognizes that such
transactions would provide greater
liquidity for all market participants.
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the Act
and the rules and regulations
thereunder applicable to the Exchange
and, in particular, the requirements of
Section 6(b) of the Act.4 Specifically,
the Exchange believes the proposed rule
change is consistent with Section 6(b)(4)
of the Act,5 which provides that
Exchange rules may provide for the
equitable allocation of reasonable dues,
fees, and other charges among its TPHs
and other persons using its facilities.
The Exchange believes that the
proposed change to include contract
volume resulting from strategy
executions in the calculation of the LP
Sliding Scale is reasonable because it
will allow qualifying market
participants who execute strategy
transactions to benefit from the LP
Sliding Scale for doing so. The
Exchange believes that this is equitable
and not unfairly discriminatory because
it will apply to all market participants
who qualify for the LP Sliding Scale.
While the LP Sliding Scale only applies
to Market-Makers, those market
participants take on obligations, such as
quoting obligations, that some other
3 The strategies defined in Footnote 13 of the Fees
Schedule are merger strategies, short stock interest
strategies, reversals, conversions and jelly roll
strategies. See Footnote 13 for definitions of each
strategy.
4 15 U.S.C. 78f(b).
5 15 U.S.C. 78f(b)(4).
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Jkt 229001
market participants do not take on.
Further, the Exchange believes that this
will incentivize qualifying market
participants to engage in such strategy
executions, and the resulting increase in
volume will benefit all market
participants. Finally, this will put the
strategy executions on the same footing
as other transactions that count towards
the LP Sliding Scale.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CBOE does not believe that the
proposed rule change will impose any
burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
Exchange does not believe that the
proposed changes to include contract
volume resulting from strategy
executions in the calculation of the LP
Sliding Scale will impose any burden
on intramarket competition that is not
necessary or appropriate in furtherance
of the purposes of the Act because they
will apply to all market participants
who qualify for the LP Sliding Scale.
While the LP Sliding Scale only applies
to Market-Makers, those market
participants take on obligations, such as
quoting obligations, that some other
market participants do not take on.
Further, the Exchange believes that this
will incentivize qualifying market
participants to engage in such strategy
executions, and the resulting increase in
volume will benefit all market
participants. The Exchange does not
believe that this will impose any burden
on intermarket competition that is not
necessary or appropriate in furtherance
of the purposes of the Act because it
only affects trading on CBOE. Further,
to the extent that these changes may
make CBOE a more attractive trading
venue for market participants on other
exchanges, such market participants
may elect to become CBOE market
participants.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange neither solicited nor
received comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 6 and paragraph (f) of Rule
19–4 7 thereunder. At any time within
6 15
7 17
PO 00000
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f).
Frm 00081
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55317
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. If the
Commission takes such action, the
Commission will institute proceedings
to determine whether the proposed rule
change should be approved or
disapproved.
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 rulecomments@sec.gov. Please include File
Number SR–CBOE–2013–084 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–CBOE–2013–084. 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 such
filing also will be available for
inspection and copying at the principal
offices of the Exchange. All comments
received will be posted without change;
E:\FR\FM\10SEN1.SGM
10SEN1
55318
Federal Register / Vol. 78, No. 175 / Tuesday, September 10, 2013 / Notices
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–CBOE–
2013–084, and should be submitted on
or before October 1, 2013.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–21932 Filed 9–9–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–70311; File No. SR–BX–
2013–049]
Self-Regulatory Organizations;
NASDAQ OMX BX, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend Rule
1120 and Adopt a Corresponding Fee
September 4, 2013.
sroberts on DSK5SPTVN1PROD with NOTICES
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 2 thereunder,
notice is hereby given that on August
22, 2013, NASDAQ OMX BX, Inc.
(‘‘Exchange’’ or ‘‘BX’’) filed with the
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) the proposed
rule change as described in Items I and
II below, which Items have been
prepared by the Exchange. BX has
designated the proposed rule change as
constituting a non-controversial rule
change under Section 19(b)(3)(A)(iii) of
the Act 3 and Rule 19b–4(f)(6)
thereunder,4 which renders the proposal
effective upon filing with the
Commission. 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
BX is filing with the Commission a
proposed rule change to amend Rule
1120 as described below, and to adopt
a corresponding fee.
The text of the proposed rule change
is below; proposed new language is
italicized; proposed deletions are in
brackets.
*
*
*
*
*
8 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
1 15
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1120. Continuing Education
Requirements
This Rule prescribes requirements
regarding the continuing education of
certain registered persons subsequent to
their initial qualification and
registration with the Exchange. The
requirements shall consist of a
Regulatory Element and a Firm Element
as set forth below.
(a) Regulatory Element
(1) Requirements
No member shall permit any
registered person to continue to, and no
registered person shall continue to,
perform duties as a registered person
unless such person has complied with
the requirements of paragraph (a)
hereof.
Each registered person shall complete
the Regulatory Element on the
occurrence of their second registration
anniversary date and every three years
thereafter, or as otherwise prescribed by
the Exchange. On each occasion, the
Regulatory Element must be completed
within 120 days after the person’s
registration anniversary date. A person’s
initial registration date, also known as
the ‘‘base date,’’ shall establish the cycle
of anniversary dates for purposes of this
Rule. The content of the Regulatory
Element shall be determined by the
Exchange and shall be appropriate to
either the registered representative or
principal status of the person subject to
the Rule. The following Regulatory
Elements administered by FINRA shall
be required:
Persons registered solely as
Proprietary Traders pursuant to Rule
1032(b) must complete the S501.
Persons registered as General
Securities Representatives pursuant to
Rule 1032(a) must complete the S101.
Persons registered in a supervisory
capacity pursuant to Rules 1021 and
1022 must complete the S201.
*
*
*
*
*
7003. Regulatory, Registration and
Processing Fees
(a) The following fees will be
collected and retained by FINRA via the
Web CRD registration system for the
registration of associated persons of
Exchange members that are not also
FINRA members:
(1)–(6) No change.
(7) a $[75]100 session fee for each
individual who is required to complete
the Regulatory Element of the
Continuing Education Requirements
pursuant to Exchange Rule 1120 (S101
and S201) and a $60 session fee for each
individual who is required to complete
PO 00000
Frm 00082
Fmt 4703
Sfmt 4703
the Proprietary Trader Regulatory
Element (S501); and
*
*
*
*
*
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of the proposed rule
change is to codify in Rule 1120 the
specific continuing education
requirements that currently apply and to
adopt a continuing education
requirement for persons registered as
Proprietary Traders. BX also proposes to
adopt a fee in Rule 7003 for the new
continuing education program
applicable to Proprietary Traders.
BX adopted the Proprietary Trader 5
registration in 2011,6 working with
various other exchanges and Financial
Industry Regulatory Authority
(‘‘FINRA’’). At that time, BX stated that
persons registered in the new category
would be subject to its continuing
education requirements in Rule 1120.
At this time, the new continuing
education program for Proprietary
Traders will soon become available and
will be administered by FINRA. The
new program, the S501, is intended to
address the specific continuing
education of Proprietary Traders, based
on the content outline for the Series 56
exam, which covers the main categories
of rules and regulations generally
applicable to such persons.7 The
Continuing Education Regulatory
5 A Proprietary Trader is a person whose
activities in the investment banking and securities
business are limited solely to proprietary trading.
BX Rule 1032(b).
6 See Securities Exchange Act Release No. 65042
(August 5, 2011), 76 FR 49807 (August 11, 2011)
(SR–BX–2011–051).
7 These generally include recordkeeping and
recording requirements, types and characteristics of
securities and investments, trading practices and
display execution and trading systems. See
Securities Exchange Act Release No. 65039 (August
5, 2011), 76 FR 49805 (August 11, 2011) (SR–BX–
2011–052).
E:\FR\FM\10SEN1.SGM
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]]>Agencies
[Federal Register Volume 78, Number 175 (Tuesday, September 10, 2013)]
[Notices]
[Pages 55316-55318]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-21932]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-70314; File No. SR-CBOE-2013-084]
Self-Regulatory Organizations; Chicago Board Options Exchange,
Incorporated; Notice of Filing and Immediate Effectiveness of a
Proposed Rule Change To Amend the Fees Schedule
September 4, 2013.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on August 22, 2013, Chicago Board Options Exchange, Incorporated
(the ``Exchange'' or ``CBOE'') filed with the Securities and Exchange
Commission (the ``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.
---------------------------------------------------------------------------
\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
The Exchange proposes to amend its Fees Schedule. The text of the
proposed rule change is available on the Exchange's Web site (https://www.cboe.com/AboutCBOE/CBOELegalRegulatoryHome.aspx), 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 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.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to amend Footnote 10 of the Fees Schedule to
[[Page 55317]]
state that contract volume resulting from any of the strategies defined
in Footnote 13 will apply towards reaching the Liquidity Provider
Sliding Scale (the ``LP Sliding Scale'') volume thresholds.\3\ This
will put the strategy executions on the same footing as other
transactions that count towards the LP Sliding Scale. Further, the
Exchange believes this change will encourage the transaction of
strategy executions. This would result in increased volume and provide
greater liquidity, which would benefit all market participants (who
could trade on the other side of these orders). While CBOE's previous
practice had been to not apply contract volume resulting from any of
the strategies defined in Footnote 13 towards the LP Sliding Scale (as
such transactions apply towards fee caps on strategy executions as
described in Footnote 13), the Exchange now believes that the incentive
that such application would provide to Market-Makers to transact
strategy executions outweighs any countervailing reasoning, as the
Exchange recognizes that such transactions would provide greater
liquidity for all market participants.
---------------------------------------------------------------------------
\3\ The strategies defined in Footnote 13 of the Fees Schedule
are merger strategies, short stock interest strategies, reversals,
conversions and jelly roll strategies. See Footnote 13 for
definitions of each strategy.
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Act and the rules and regulations thereunder applicable to the
Exchange and, in particular, the requirements of Section 6(b) of the
Act.\4\ Specifically, the Exchange believes the proposed rule change is
consistent with Section 6(b)(4) of the Act,\5\ which provides that
Exchange rules may provide for the equitable allocation of reasonable
dues, fees, and other charges among its TPHs and other persons using
its facilities. The Exchange believes that the proposed change to
include contract volume resulting from strategy executions in the
calculation of the LP Sliding Scale is reasonable because it will allow
qualifying market participants who execute strategy transactions to
benefit from the LP Sliding Scale for doing so. The Exchange believes
that this is equitable and not unfairly discriminatory because it will
apply to all market participants who qualify for the LP Sliding Scale.
While the LP Sliding Scale only applies to Market-Makers, those market
participants take on obligations, such as quoting obligations, that
some other market participants do not take on. Further, the Exchange
believes that this will incentivize qualifying market participants to
engage in such strategy executions, and the resulting increase in
volume will benefit all market participants. Finally, this will put the
strategy executions on the same footing as other transactions that
count towards the LP Sliding Scale.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b).
\5\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
CBOE does not believe that the proposed rule change will impose any
burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act. The Exchange does not believe
that the proposed changes to include contract volume resulting from
strategy executions in the calculation of the LP Sliding Scale will
impose any burden on intramarket competition that is not necessary or
appropriate in furtherance of the purposes of the Act because they will
apply to all market participants who qualify for the LP Sliding Scale.
While the LP Sliding Scale only applies to Market-Makers, those market
participants take on obligations, such as quoting obligations, that
some other market participants do not take on. Further, the Exchange
believes that this will incentivize qualifying market participants to
engage in such strategy executions, and the resulting increase in
volume will benefit all market participants. The Exchange does not
believe that this will impose any burden on intermarket competition
that is not necessary or appropriate in furtherance of the purposes of
the Act because it only affects trading on CBOE. Further, to the extent
that these changes may make CBOE a more attractive trading venue for
market participants on other exchanges, such market participants may
elect to become CBOE market participants.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
The Exchange neither solicited nor received comments on the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A) of the Act \6\ and paragraph (f) of Rule 19-4 \7\
thereunder. 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. If the Commission
takes such action, the Commission will institute proceedings to
determine whether the proposed rule change should be approved or
disapproved.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(3)(A).
\7\ 17 CFR 240.19b-4(f).
---------------------------------------------------------------------------
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-CBOE-2013-084 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-CBOE-2013-084. 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 such filing also will be available
for inspection and copying at the principal offices of the Exchange.
All comments received will be posted without change;
[[Page 55318]]
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-
CBOE-2013-084, and should be submitted on or before October 1, 2013.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
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\8\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-21932 Filed 9-9-13; 8:45 am]
BILLING CODE 8011-01-P
