Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Amend Rules 1064 and 1080 to More Specifically Address the Number and Size of Counterparties to a Qualified Contingent Cross Order, 79534 [2013-31132]
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79534
Federal Register / Vol. 78, No. 250 / Monday, December 30, 2013 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–71177; File No. SR–Phlx–
2013–106]
Self-Regulatory Organizations;
NASDAQ OMX PHLX LLC; Notice of
Designation of a Longer Period for
Commission Action on Proposed Rule
Change To Amend Rules 1064 and
1080 to More Specifically Address the
Number and Size of Counterparties to
a Qualified Contingent Cross Order
December 23, 2013.
On October 23, 2013, NASDAQ OMX
PHLX LLC (‘‘Phlx’’ or ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to amend Rules 1064 and 1080
to more specifically address the number
and size of counterparties to a Qualified
Contingent Cross Order (‘‘QCC Order’’).
The proposed rule change was
published for comment in the Federal
Register on November 13, 2013.3 The
Commission received two comment
letters on this proposal.4
Section 19(b)(2) of the Act 5 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding or as to which the
self-regulatory organization consents,
the Commission shall either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day for this filing
is December 28, 2013. The Commission
is extending this 45-day time period.
The Commission finds it appropriate
to designate a longer period within
which to take action on the proposed
rule change, so that it has sufficient time
to consider this proposed rule change,
including the Comment Letters that
have been submitted in connection with
this proposed rule change.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 70821
(November 6, 2013), 78 FR 68126.
4 See letters to Elizabeth M. Murphy, Secretary,
Commission, from Benjamin R. Londergan, Chief
Executive Officer, Group One Trading, L.P., dated
December 2, 2013 (‘‘Group One Letter’’) and Angelo
Evangelou, Associate General Counsel, Chicago
Board Options Exchange Incorporated, dated
December 13, 2013 (‘‘CBOE Letter’’) (collectively,
the ‘‘Comment Letters’’).
5 15 U.S.C. 78s(b)(2).
maindgalligan on DSK5TPTVN1PROD with NOTICES
2 17
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Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,6
designates February 11, 2013, as the
date by which the Commission should
either approve or disapprove, or
institute proceedings to determine
whether to disapprove, the proposed
rule change (File No. SR–Phlx–2013–
106).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2013–31132 Filed 12–27–13; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–71178; File No. SR–CBOE–
2013–107]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Designation of
a Longer Period for Commission
Action on Proposed Rule Change To
Amend Its Rules Regarding Option
Orders That Include a Stock
Component
reasons for so finding or as to which the
self-regulatory organization consents,
the Commission shall either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day for this filing
is January 3, 2014. The Commission is
extending this 45-day time period.
The Commission finds it appropriate
to designate a longer period within
which to take action on the proposed
rule change so that it has sufficient time
to consider this proposed rule change
and the comment letters that have been
submitted in connection with this
proposed rule change.
Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,6
designates February 17, 2014, as the
date by which the Commission should
either approve or disapprove, or
institute proceedings to determine
whether to disapprove, the proposed
rule change (File No. SR–CBOE–2013–
107).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Kevin M. O’Neill,
Deputy Secretary.
December 23, 2013.
[FR Doc. 2013–31133 Filed 12–27–13; 8:45 am]
On October 31, 2013, the Chicago
Board Options Exchange, Incorporated
(the ‘‘Exchange’’ or ‘‘CBOE’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’),
pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
proposed rule change to amend CBOE’s
rules regarding option orders that
include a stock component. The
proposed rule change was published for
comment in the Federal Register on
November 19, 2013.3 The Commission
received two comment letters regarding
the proposed rule change.4
Section 19(b)(2) of the Act 5 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
BILLING CODE 8011–01–P
6 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(31).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 70857
(November 13, 2013), 78 FR 69487.
4 See letters to Elizabeth M. Murphy, Secretary,
Commission, from Manisha Kimmel, Executive
Director, Financial Information Forum, dated
December 10, 2013; and Ellen Greene, Vice
President, Securities Industry and Financial
Markets Association, dated December 16, 2013.
5 15 U.S.C. 78s(b)(2).
7 17
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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–71175; File Nos. SR–NYSE–
2013–21; SR–NYSEMKT–2013–25]
Self-Regulatory Organizations; New
York Stock Exchange LLC; NYSE MKT
LLC; Order Approving Proposed Rule
Changes Amending NYSE Rule 104
and NYSE MKT Rule 104—Equities,
Each as Modified by an Amendment
No. 1, To Codify Certain Traditional
Trading Floor Functions That May Be
Performed by Designated Market
Makers, To Make Exchange Systems
Available to DMMs That Would Provide
DMMs With Certain Market Information,
To Amend the Exchanges’ Rules
Governing the Ability of DMMs To
Provide Market Information to Floor
Brokers, and To Make Conforming
Amendments to Other Rules
December 23, 2013.
I. Introduction
On April 9, 2013, the New York Stock
Exchange LLC (‘‘NYSE’’) and NYSE
MKT LLC (‘‘NYSE MKT’’) (collectively,
‘‘Exchanges’’) each filed with the
6 15
7 17
E:\FR\FM\30DEN1.SGM
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(31).
30DEN1
Agencies
[Federal Register Volume 78, Number 250 (Monday, December 30, 2013)]
[Notices]
[Page 79534]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-31132]
[[Page 79534]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-71177; File No. SR-Phlx-2013-106]
Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of
Designation of a Longer Period for Commission Action on Proposed Rule
Change To Amend Rules 1064 and 1080 to More Specifically Address the
Number and Size of Counterparties to a Qualified Contingent Cross Order
December 23, 2013.
On October 23, 2013, NASDAQ OMX PHLX LLC (``Phlx'' or ``Exchange'')
filed with the Securities and Exchange Commission (``Commission''),
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ a proposed rule change to
amend Rules 1064 and 1080 to more specifically address the number and
size of counterparties to a Qualified Contingent Cross Order (``QCC
Order''). The proposed rule change was published for comment in the
Federal Register on November 13, 2013.\3\ The Commission received two
comment letters on this proposal.\4\
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 70821 (November 6,
2013), 78 FR 68126.
\4\ See letters to Elizabeth M. Murphy, Secretary, Commission,
from Benjamin R. Londergan, Chief Executive Officer, Group One
Trading, L.P., dated December 2, 2013 (``Group One Letter'') and
Angelo Evangelou, Associate General Counsel, Chicago Board Options
Exchange Incorporated, dated December 13, 2013 (``CBOE Letter'')
(collectively, the ``Comment Letters'').
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \5\ provides that within 45 days of the
publication of notice of the filing of a proposed rule change, or
within such longer period up to 90 days as the Commission may designate
if it finds such longer period to be appropriate and publishes its
reasons for so finding or as to which the self-regulatory organization
consents, the Commission shall either approve the proposed rule change,
disapprove the proposed rule change, or institute proceedings to
determine whether the proposed rule change should be disapproved. The
45th day for this filing is December 28, 2013. The Commission is
extending this 45-day time period.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
The Commission finds it appropriate to designate a longer period
within which to take action on the proposed rule change, so that it has
sufficient time to consider this proposed rule change, including the
Comment Letters that have been submitted in connection with this
proposed rule change.
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\6\ designates February 11, 2013, as the date by which the
Commission should either approve or disapprove, or institute
proceedings to determine whether to disapprove, the proposed rule
change (File No. SR-Phlx-2013-106).
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-31132 Filed 12-27-13; 8:45 am]
BILLING CODE 8011-01-P