In the Matter of Treaty Energy Corporation; Order of Suspension of Trading, 77588 [2014-30296]
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Federal Register / Vol. 79, No. 247 / Wednesday, December 24, 2014 / Notices
mnemonic is reasonable because it
would allow the Exchange to keep pace
with increasing technology costs. The
increased Port Fees reflect the increased
costs that the Exchange bears with
respect to maintaining ports. The Port
Fees are reasonable because they enable
the Exchange to offset, in part, its
connectivity costs associated with
making such ports available, including
costs based on gateway software and
hardware enhancements and resources
dedicated to gateway development,
quality assurance, and support. The
Exchange’s Port Fees are in line with
costs for ports at other options
exchanges.15
The Exchange believes that increasing
the fees for the NOM Port Fees from
$550 to $600 per port, per month, per
mnemonic is equitable and not unfairly
discriminatory because the Exchange
assesses the same fees for all ports to all
NOM participants.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
NASDAQ does not believe that the
proposed rule change will impose any
burden on competition not necessary or
appropriate in furtherance of the
purposes of the Act. The Exchange
believes the proposed fee change is
reasonably designed to be fair and
equitable, and therefore, will not unduly
burden any particular group of market
participants trading on the Exchange.
The Exchange’s proposal increases fees
for all ports for all NOM Participants.
The proposed fees are designed to
ensure a fair and reasonable use of
Exchange resources by allowing the
Exchange to recoup for certain of its
connectivity costs, while continuing to
offer competitive rates to NOM
Participants.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
mstockstill on DSK4VPTVN1PROD with NOTICES
The foregoing rule change has become
effective pursuant to section
15 Miami International Securities Exchange LLC
(‘‘MIAX’’) assesses ports fees that range from $1,000
to $5,000 depending on connectivity levels. See
MIAX’s Fee Schedule. ISE Gemini, LLC (‘‘ISE
Gemini’’) assesses port fees that range from $750–
$12,500 depending on connectivity levels. See ISE
Gemini’s Fee Schedule. Finally, C2 Options
Exchange, Incorporated (‘‘C2’’) assesses port fees
that range from $500—$1,000 depending on
connectivity levels. See C2’s Fee Schedule.
VerDate Sep<11>2014
16:34 Dec 23, 2014
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19(b)(3)(A)(ii) of the Act.16 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 shall
institute proceedings to determine
whether the proposed rule 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 rule-comments@
sec.gov. Please include File Number SR–
NASDAQ–2014–122 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Brent J. Fields, Secretary, Securities
and Exchange Commission, 100 F Street
NE., Washington, DC 20549–1090.
All submissions should refer to File
Number SR–NASDAQ–2014–122. 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
16 15
PO 00000
U.S.C. 78s(b)(3)(A)(ii).
Frm 00148
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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–NASDAQ–2014–122 and
should be submitted on or before
January 14, 2015.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.17
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2014–30122 Filed 12–23–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
In the Matter of Treaty Energy
Corporation; Order of Suspension of
Trading
December 22, 2014.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Treaty
Energy Corporation (‘‘Treaty Energy’’)
because it has not filed a periodic report
since its Form 10–Q for the period
ending September 30, 2013. Treaty
Energy is a Nevada corporation based in
New Orleans, Louisiana, and its
common stock is quoted on the OTC
Link (previously ‘‘Pink Sheets’’)
operated by OTC Markets Group, Inc.
under the ticker symbol TECO.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
company.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of Treaty Energy Corporation
is suspended for the period from 9:30
a.m. EST on December 22, 2014,
through 11:59 p.m. EST on January 6,
2015.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014–30296 Filed 12–22–14; 11:15 am]
BILLING CODE 8011–01–P
17 17
E:\FR\FM\24DEN1.SGM
CFR 200.30–3(a)(12).
24DEN1
Agencies
[Federal Register Volume 79, Number 247 (Wednesday, December 24, 2014)]
[Notices]
[Page 77588]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-30296]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of Treaty Energy Corporation; Order of Suspension
of Trading
December 22, 2014.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Treaty Energy Corporation (``Treaty Energy'') because it has not filed
a periodic report since its Form 10-Q for the period ending September
30, 2013. Treaty Energy is a Nevada corporation based in New Orleans,
Louisiana, and its common stock is quoted on the OTC Link (previously
``Pink Sheets'') operated by OTC Markets Group, Inc. under the ticker
symbol TECO.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the securities of
Treaty Energy Corporation is suspended for the period from 9:30 a.m.
EST on December 22, 2014, through 11:59 p.m. EST on January 6, 2015.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014-30296 Filed 12-22-14; 11:15 am]
BILLING CODE 8011-01-P