Proxy Advisory Firm Roundtable, 70987 [2013-28501]

Download as PDF Federal Register / Vol. 78, No. 229 / Wednesday, November 27, 2013 / Notices SECURITIES AND EXCHANGE COMMISSION [Release No. 34–70929; IA–3721; File No. 4–670] Proxy Advisory Firm Roundtable Securities and Exchange Commission. ACTION: Notice of roundtable discussion; request for comment. AGENCY: The Securities and Exchange Commission will host a roundtable about proxy advisory firms. The panel will be asked to discuss topics including the current state of proxy advisory firm use by investment advisers and institutional investors and potential changes that have been suggested by market participants. Panelists will also be invited to discuss any new ideas. The roundtable discussion will be held in the multi-purpose room of the Securities and Exchange Commission headquarters at 100 F Street NE., Washington, DC, on December 5, 2013 from 9:30 a.m. to approximately 1:30 p.m. The public is invited to observe the roundtable discussion. Seating will be available on a first-come, first-serve basis. The roundtable discussion will also be available via webcast on the Commission’s Web site at www.sec.gov. DATES: The roundtable discussion will take place on December 5, 2013. The Commission will accept comments regarding issues addressed at the roundtable until January 10, 2014. ADDRESSES: Comments may be submitted by any of the following methods: SUMMARY: Electronic Comments • Use the Commission’s internet comment form (https://sec.gov/rules/ other.shtml); or • Send an email to rule-comments@ sec.gov. Please include File Number x– xxx on the subject line. emcdonald on DSK67QTVN1PROD with NOTICES 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 4–670. This file number should be included on the subject line if email is used. To help us process and review your comments more efficiently, please only use one method. The Commission will post all comments on the Commission’s Internet Web site (https:// www.sec.gov/rules/other.shtml). Comments are also available for Web site viewing and printing in the VerDate Mar<15>2010 17:02 Nov 26, 2013 Jkt 232001 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. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: Sara Cortes, Senior Special Counsel, Division of Investment Management, at 202–551– 6700, or Raymond Be, Special Counsel, Division of Corporation Finance, at 202– 551–3500, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549. By the Commission. Dated: November 22, 2013. Elizabeth M. Murphy, Secretary. [FR Doc. 2013–28501 Filed 11–26–13; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–70913; File No. SR–NYSE– 2013–74] Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the New York Stock Exchange Price List Related to Co-Location Services November 21, 2013. Pursuant to Section 19(b)(1) 1 of the Securities Exchange Act of 1934 (the ‘‘Act’’) 2 and Rule 19b–4 thereunder,3 notice is hereby given that, on November 12, 2013, New York Stock Exchange LLC (‘‘NYSE’’ or the ‘‘Exchange’’) 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 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 Price List related to co-location services in order to provide further specification regarding the fees applicable to cabinets for which power is not utilized (‘‘PNU 1 15 U.S.C. 78s(b)(1). U.S.C. 78a. 3 17 CFR 240.19b–4. 2 15 PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 70987 cabinets’’). The text of the proposed rule change is available on the Exchange’s Web site at www.nyse.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 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 those 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 parts of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to amend its Price List related to co-location services in order to provide further specification regarding the fees applicable to PNU cabinets.4 The Exchange proposes to implement the change immediately. A User is currently able to obtain one or more PNU cabinets in the data center.5 A PNU cabinet is an unused cabinet in proximity to a User’s existing cabinet(s), which the User reserves for future use, i.e., a cabinet that the User 4 The Securities and Exchange Commission (‘‘Commission’’) initially approved the Exchange’s co-location services in Securities Exchange Act Release No. 62960 (September 21, 2010), 75 FR 59310 (September 27, 2010) (SR–NYSE–2010–56) (the ‘‘Original Co-location Approval’’). The Exchange operates a data center in Mahwah, New Jersey (the ‘‘data center’’) from which it provides co-location services to Users. The Exchange’s colocation services allow Users to rent space in the data center so they may locate their electronic servers in close physical proximity to the Exchange’s trading and execution system. See id. at 59310. 5 For purposes of the Exchange’s co-location services, the term ‘‘User’’ includes (i) member organizations, as that term is defined in NYSE Rule 2(b); (ii) Sponsored Participants, as that term is defined in NYSE Rule 123B.30(a)(ii)(B); and (iii) non-member organization broker-dealers and vendors that request to receive co-location services directly from the Exchange. See, e.g., Securities Exchange Act Release No. 65973 (December 15, 2011), 76 FR 79232 (December 21, 2011) (SR– NYSE–2011–53). As specified in the Price List, a User that incurs co-location fees for a particular colocation service pursuant thereto would not be subject to co-location fees for the same co-location service charged by the Exchange’s affiliates NYSE MKT LLC and NYSE Arca, Inc. See Securities Exchange Act Release No. 70206 (August 15, 2013), 78 FR 51765 (August 21, 2013) (SR–NYSE–2013– 59). E:\FR\FM\27NON1.SGM 27NON1

Agencies

[Federal Register Volume 78, Number 229 (Wednesday, November 27, 2013)]
[Notices]
[Page 70987]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-28501]



[[Page 70987]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-70929; IA-3721; File No. 4-670]


Proxy Advisory Firm Roundtable

AGENCY: Securities and Exchange Commission.

ACTION: Notice of roundtable discussion; request for comment.

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

SUMMARY: The Securities and Exchange Commission will host a roundtable 
about proxy advisory firms. The panel will be asked to discuss topics 
including the current state of proxy advisory firm use by investment 
advisers and institutional investors and potential changes that have 
been suggested by market participants. Panelists will also be invited 
to discuss any new ideas.
    The roundtable discussion will be held in the multi-purpose room of 
the Securities and Exchange Commission headquarters at 100 F Street 
NE., Washington, DC, on December 5, 2013 from 9:30 a.m. to 
approximately 1:30 p.m. The public is invited to observe the roundtable 
discussion. Seating will be available on a first-come, first-serve 
basis. The roundtable discussion will also be available via webcast on 
the Commission's Web site at www.sec.gov.

DATES: The roundtable discussion will take place on December 5, 2013. 
The Commission will accept comments regarding issues addressed at the 
roundtable until January 10, 2014.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's internet comment form (https://sec.gov/rules/other.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File Number x-xxx 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 4-670. This file number 
should be included on the subject line if email is used. To help us 
process and review your comments more efficiently, please only use one 
method. The Commission will post all comments on the Commission's 
Internet Web site (https://www.sec.gov/rules/other.shtml). Comments are 
also 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. 
All comments received will be posted without change; we do not edit 
personal identifying information from submissions. You should submit 
only information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Sara Cortes, Senior Special Counsel, 
Division of Investment Management, at 202-551-6700, or Raymond Be, 
Special Counsel, Division of Corporation Finance, at 202-551-3500, 
Securities and Exchange Commission, 100 F Street NE., Washington, DC 
20549.

    By the Commission.

    Dated: November 22, 2013.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-28501 Filed 11-26-13; 8:45 am]
BILLING CODE 8011-01-P
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