Notice of Sunshine Act Meeting, 67420 [2013-27182]
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Federal Register / Vol. 78, No. 218 / Tuesday, November 12, 2013 / Notices
and enhance the full and open exchange
of Earth observation data for national
and global applications?
12. What types of interagency and
international agreements can and
should be pursued for these same
purposes?
Ted Wackler,
Deputy Chief of Staff and Assistant Director.
[FR Doc. 2013–26890 Filed 11–8–13; 8:45 am]
BILLING CODE 3170–F4–P
SECURITIES AND EXCHANGE
COMMISSION
sections A, B and C below, of the most
significant aspects of such statements.
[Release No. 34–70808; File No. SR–EDGX–
2013–41]
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
Self-Regulatory Organizations; EDGX
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating To Amendments
to the EDGX Exchange, Inc. Fee
Schedule
November 5, 2013.
SECURITIES AND EXCHANGE
COMMISSION
emcdonald on DSK67QTVN1PROD with NOTICES
Notice of 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 Thursday, November 14, 2013 at 2:00
p.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 matter at the Closed Meeting.
Commissioner Aguilar, 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;
Adjudicatory matters; 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: November 7, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013–27182 Filed 11–7–13; 11:15 am]
BILLING CODE 8011–01–P
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17:41 Nov 08, 2013
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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 October
31, 2013, EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) 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 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
The Exchange proposes to amend its
fees and rebates applicable to Members 3
of the Exchange pursuant to EDGX Rule
15.1(a) and (c) (‘‘Fee Schedule’’) to
decrease the rebate to add liquidity
under the Market Depth Tier 1 from
$0.0033 per share to $0.0032 per share.
The text of the proposed rule change is
available on the Exchange’s Internet
Web site at www.directedge.com, at the
Exchange’s principal office, and at the
Public Reference Room of the
Commission.
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 these statements may be examined at
the places specified in Item IV below.
The self-regulatory organization has
prepared summaries, set forth in
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 The term ‘‘Member’’ is defined as ‘‘any
registered broker or dealer, or any person associated
with a registered broker or dealer, that has been
admitted to membership in the Exchange. A
Member will have the status of a ‘‘member’’ of the
Exchange as that term is defined in Section 3(a)(3)
of the Act.’’ See Exchange Rule 1.5(n).
2 17
PO 00000
Frm 00090
Fmt 4703
Sfmt 4703
1. Purpose
The Exchange proposes to amend its
Fee Schedule to decrease the rebate to
add liquidity under the Market Depth
Tier 1 from $0.0033 per share to $0.0032
per share. Footnote 1 of the Fee
Schedule currently provides that
Members may qualify for the Market
Depth Tier 1 and receive a rebate of
$0.0033 per share for displayed
liquidity added on EDGX if they post
greater than or equal to 0.50% of the
TCV in average daily trading volume
(‘‘ADV’’) on EDGX in total, where at
least 1,800,000 shares are non-displayed
orders that yield Flag HA. The Exchange
proposes to amend Footnote 1 of its Fee
Schedule to decrease the rebate of the
Market Depth Tier 1 from $0.0033 per
share to $0.0032 per share. The
remainder of the footnote as it pertains
to the Market Depth Tier 1 would
remain unchanged.
Implementation Date
The Exchange proposes to implement
this amendment to its Fee Schedule on
November 1, 2013.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the objectives of Section 6 of the Act,4
in general, and furthers the objectives of
Section 6(b)(4),5 in particular, as it is
designed to provide for the equitable
allocation of reasonable dues, fees and
other charges among its Members and
other persons using its facilities. The
Exchange believes that the reduced
rebate of $0.0032 per share for adding
liquidity on EDGX is an equitable
allocation of reasonable dues, fees, and
other charges as the additional revenue
that results from the lower rebate
enables the Exchange to cover increased
infrastructure and administrative
expenses.
The Exchange also believes that the
decreased rebate for the Market Depth
Tier 1 represents an equitable allocation
of reasonable dues, fees, and other
charges because the lower rebate is
directly correlated with this tier’s
criteria. The Exchange recently
decreased the ADV requirement of the
Market Depth Tier 1 from 2,000,000
shares of ADV to 1,800,000 shares of
4 15
5 15
E:\FR\FM\12NON1.SGM
U.S.C. 78f.
U.S.C. 78f(b)(4).
12NON1
]]>Agencies
[Federal Register Volume 78, Number 218 (Tuesday, November 12, 2013)]
[Notices]
[Page 67420]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-27182]
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SECURITIES AND EXCHANGE COMMISSION
Notice of 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 Thursday,
November 14, 2013 at 2:00 p.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 matter at the Closed Meeting.
Commissioner Aguilar, 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;
Adjudicatory matters; 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: November 7, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-27182 Filed 11-7-13; 11:15 am]
BILLING CODE 8011-01-P
