Self-Regulatory Organizations; Notice of Filing and Immediate Effectiveness of Proposed Rule Change by NASDAQ OMX BX, Inc. Relating to a Typographical Error, 7657-7659 [2015-02749]
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Federal Register / Vol. 80, No. 28 / Wednesday, February 11, 2015 / Notices
Section VI(B) and, if applicable,
pursuant to Section VI(C)(3) of the Plan.
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III. Operating Committee
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(E) Conflicts and Recusals
A Participant may recuse itself from
voting on any matter under
consideration by the Operating
Committee if the Participant determines
that voting on such matter raises a
conflict of interest. Except as provided
in Sections V(B)(2), and V(B)(3), and
V(B)(4) of the Plan, no Participant is
automatically recused from voting on
any matter.
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V. Selection Committee
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(B) Voting
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(2) No Bidding Participant shall vote
on whether a Shortlisted Bidder will be
permitted to revise its Bid pursuant to
Section VI(C)(2) or Section VI(D)(1)
below if a Bid submitted by or including
the Participant or an Affiliate of the
Participant is a Shortlisted Bid.
(3) No Bidding Participant shall vote
in the process narrowing the set of
Shortlisted Bidders as set forth in
Section VI(C)(3) if a Bid submitted by or
including the Participant or an Affiliate
of the Participant is a Shortlisted Bid.
(4) No Bidding Participant shall vote
in the second round set forth in Section
VI(E)(4) below if a Bid submitted by or
including the Participant or an Affiliate
of the Participant is part of the second
round.
(5) All votes by the Selection
Committee shall be confidential and
non-public. All such votes will be
tabulated by an independent third party
approved by the Operating Committee,
and a Participant’s individual votes will
not be disclosed to other Participants or
to the public.
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VI. RFP Bid Evaluation and Plan
Processor Selection
tkelley on DSK3SPTVN1PROD with NOTICES
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(C) Formulation of the CAT NMS Plan
(1) The Selection Committee shall
review the Shortlisted Bids to identify
optimal proposed solutions for the
consolidated audit trail and provide
descriptions of such proposed solutions
for inclusion in the CAT NMS Plan.
This process may, but is not required to,
include iterative discussions with
Shortlisted Bidders to address any
aspects of an optimal proposed solution
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that were not fully addressed in a
particular Bid.
(2) Prior to the approval of the CAT
NMS Plan, all Shortlisted Bidders will
be permitted to revise their Bids one or
more times if the Selection Committee
determines, by majority vote, that such
revision(s) are necessary or appropriate.
(3) Prior to approval of the CAT NMS
Plan, and either before or after any
revisions to Shortlisted Bids are
accepted, the Selection Committee may
determine, by at least a two-thirds vote,
to narrow the number of Shortlisted
Bids to three Bids, in accordance with
the process in this Paragraph (C)(3).
(a) Each Voting Senior Officer shall
select a first, second, and third choice
from among the Shortlisted Bids.
(b) A weighted score shall be assigned
to each choice as follows:
• First—3 points.
• Second—2 points.
• Third—1 point.
(c) The three Shortlisted Bids
receiving the highest cumulative scores
will be the new set of Shortlisted Bids.
(d) In the event of a tie that would
result in more than three final
Shortlisted Bids, the votes shall be
recounted, omitting each Voting Senior
Officer’s third choice, in order to break
the tie. If this recount produces a tie
that would result in a number of final
Shortlisted Bids larger than or equal to
that from the initial count, the results of
the initial count shall constitute the
final set of Shortlisted Bids.
(e) To the extent there are Non-SRO
Bids that are Shortlisted Bids, the final
Shortlisted Bids selected pursuant to
this Section VI(C)(3) must, if possible,
include at least one Non-SRO Bid. If
following the vote set forth in this
Section VI(C)(3), no Non-SRO Bid was
selected as a final Shortlisted Bid, the
Non-SRO Bid receiving the highest
cumulative votes shall be retained as a
Shortlisted Bid.
(f) The third party tabulating votes, as
specified in Section V(B)(5), shall
identify to the Selection Committee the
new set of Shortlisted Bids, but shall
keep confidential the individual scores
and rankings of the Shortlisted Bids
from the process in this Paragraph
(C)(3).
(4) The Participants shall incorporate
information on optimal proposed
solutions in the CAT NMS Plan,
including cost-benefit information as
required by SEC Rule 613.
[FR Doc. 2015–02840 Filed 2–10–15; 8:45 am]
BILLING CODE 8011–01–P
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7657
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–74211; File No. SR–BX–
2015–008]
Self-Regulatory Organizations; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change by NASDAQ
OMX BX, Inc. Relating to a
Typographical Error
February 5, 2015.
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 January
29, 2015, NASDAQ OMX BX, Inc. (‘‘BX’’
or ‘‘Exchange’’) 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. 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 modify the
BX Rulebook at Options Chapter VI,
Section 1 to correct a typographical
error in a previous rule change.
The Exchange requests that the
Commission waive the 30-day operative
delay period contained in Exchange Act
Rule 19b–4(f)(6)(iii).3
The text of the proposed rule change
is available on the Exchange’s Web site
at https://nasdaqomxbx.cchwall
street.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
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.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 17 CFR 240.19b–4(f)(6)(iii).
2 17
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7658
Federal Register / Vol. 80, No. 28 / Wednesday, February 11, 2015 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange is proposing to modify
the Exchange’s Rulebook at Chapter VI,
Section 1 to correct a typographical
error associated with the numbering in
the Rulebook. The Exchange filed a
proposed rule change which was
recently approved,4 which caused
duplicative numbering in the Rulebook.
The purpose of this filing is
administrative in nature; the Exchange
solely desires to correct the numbering
in Chapter VI, Section 1. There are no
substantive changes being made in this
proposed rule change.
Specifically, the Exchange proposes to
renumber the second (1) in Chapter IV,
Section 1(e), related to a Directed Order,
and continue numbering the paragraphs
thereafter. The Exchange is also
proposing to remove Chapter IV,
Sections 1(e)(4) and (7) which are
currently reserved.
2. Statutory Basis
The Exchange believes that its
proposal is consistent with Section 6(b)
of the Act 5 in general, and furthers the
objectives of Section 6(b)(5) of the Act 6
in particular, in that it is designed to
promote just and equitable principles of
trade, to remove impediments to and
perfect the mechanism of a free and
open market and a national market
system, and, in general to protect
investors and the public interest, by
correcting a typographical error in the
BX Rulebook. The Exchange believes
that correcting the error will avoid
confusion when referring to the
Rulebook. The proposed amendments
are non-substantive.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
tkelley on DSK3SPTVN1PROD with NOTICES
The Exchange 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
proposed rule change corrects a
typographical error in the Rulebook and
is non-substantive. This proposed rule
change will not impact competition in
any respect.
4 Securities Exchange Act Release No. 34–73784
(December 8, 2014), 79 FR 73930 (December 12,
2014) (SR–BX–2014–049). The filing attempted to
add new subsection (e)(1) to BX Options Chapter
VI, Section 1, a subsection that already contained
other text.
5 15 U.S.C. 78f(b).
6 15 U.S.C. 78f(b)(5).
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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
Because the proposed rule change
does not (i) significantly affect the
protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 7 and Rule 19b–4(f)(6)
thereunder.8
The Exchange has asked the
Commission to waive the 30-day
operative delay so that the proposal may
become operative immediately upon
filing. The Exchange states that the
proposal does not affect the protection
of investors or the public interest,
because it is designed solely to correct
a typographical error. Similarly, the
Exchange states that the change does not
impact competition in any respect. The
Exchange notes that a waiver of the 30day operative delay will allow the
correction to the Rulebook to take effect
immediately, thereby avoiding any
confusion when referring to the
Rulebook. For this reason, the
Commission believes that waiver of the
30-day operative delay is consistent
with the protection of investors and the
public interest. Therefore, the
Commission designates the proposed
rule change to be operative upon filing.9
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
7 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). As required under Rule
19b–4(f)(6)(iii), the Exchange provided the
Commission with written notice of its intent to file
the proposed rule change, along with a brief
description and the text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission.
9 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
8 17
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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–
BX–2015–008 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–BX–2015–008. 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–BX–
2015–008 and should be submitted on
or before March 4, 2015.
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Federal Register / Vol. 80, No. 28 / Wednesday, February 11, 2015 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Brent J. Fields,
Secretary.
[FR Doc. 2015–02749 Filed 2–10–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–74209; File No. SR–
NYSEMKT–2015–09]
Self-Regulatory Organizations; NYSE
MKT LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Part 8 of the NYSE MKT
Company Guide to (i) Require the Chief
Executive Officers of Listed
Companies to Provide Annual
Certification with Respect to the
Company’s Compliance with the
Requirements of Part 8 of the
Company Guide, (ii) Require Listed
Companies to Submit Annual and
Interim Written Affirmations, and (iii)
Make Certain Other Clarifying Changes
February 5, 2015.
tkelley on DSK3SPTVN1PROD with NOTICES
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 February
3, 2015, NYSE MKT LLC (the
‘‘Exchange’’ or ‘‘NYSE MKT’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II 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 Part
8 of the NYSE MKT Company Guide
(the ‘‘Company Guide’’) to (i) require the
chief executive officers (each, a ‘‘CEO’’)
of listed companies to provide annual
certification with respect to the
company’s compliance with the
requirements of Part 8 of the Company
Guide, (ii) require listed companies to
submit annual and interim written
affirmations, and (iii) make certain other
clarifying changes. 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,
10 17
CFR 200.30–3(a)(12).
U.S.C.78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
1 15
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17:07 Feb 10, 2015
Jkt 235001
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
NYSE MKT proposes to amend Part 8
of the Company Guide to (i) require the
CEOs of listed companies to provide
annual certification with respect to the
company’s compliance with the
requirements of Part 8 of the Company
Guide, (ii) require listed companies to
submit annual and interim written
affirmations, and (iii) make certain other
clarifying changes. Part 8 of the
Company Guide sets forth the
Exchange’s requirements with respect to
listed company corporate governance,
including majority board independence,
independence requirements for audit
committee and compensation committee
members, and that executive
compensation and director nominations
must be under the jurisdiction of fully
independent compensation and
nominating committees or be
determined by a majority of the
independent directors acting as a group.
The Exchange proposes to add a new
Section 810(a) to Part 8 of the Company
Guide that would require each listed
company CEO, subject to certain
exceptions discussed below, to certify to
the Exchange each year that he or she
is not aware of any violation by the
listed company of the NYSE MKT
corporate governance listing standards
set forth in Part 8 of the Company
Guide, qualifying the certification to the
extent necessary to reflect any violations
of which the CEO is aware. A blank
copy of the CEO certification form
required by Section 810(a) will be
posted on the Exchange’s Web site.
The Exchange proposes to add a new
Section 810(b) to Part 8 of the Company
Guide that would require each listed
company CEO to promptly notify the
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7659
Exchange in writing after any executive
officer of the listed company becomes
aware of any noncompliance with any
applicable provisions of Part 8.
The Exchange proposes to add a new
Section 810(c) to Part 8 of the Company
Guide that would require each listed
company to submit an executed written
affirmation of compliance with Part 8 of
the Company Guide annually to the
Exchange. In addition, each listed
company would be required to promptly
submit an interim written affirmation
after becoming aware of any
noncompliance with Part 8 of the
Company Guide or in the event of any
change in the composition of its board
of directors or the audit, compensation
or nominating committees thereof. If the
interim written affirmation relates to
noncompliance with Part 8 of the
Company Guide and is being submitted
to the Exchange to satisfy the notice
requirement of Section 810(b), it must
be signed by the company’s CEO. Blank
copies of the affirmation forms required
by Section 810(c) will be posted on the
Exchange’s Web site.
The Exchange believes that the
proposed additions to Part 8 of the
Company Guide will focus the CEO and
senior management of listed companies
on compliance with the Exchange’s
corporate governance requirements.
Commentary to the proposed Section
810(a) would include a statement to this
effect. The Exchange notes that
proposed Section 810 is comparable to
Section 303A.12 of the NYSE Listed
Company Manual and that part of the
rationale for adopting proposed Section
810 is to harmonize NYSE MKT’s
requirements more closely with those of
the NYSE, as the two exchanges are
under common ownership and
regulated by the same staff in NYSE
Regulation.
With certain exceptions noted below,
Part 8 of the Company Guide is
generally not applicable to asset-backed
issuers and other passive business
organizations (such as royalty trusts) or
to derivatives and special purpose
securities listed pursuant to Exchange
Rules 1000, and 1200 and Sections 106,
107 and 118B as well as to issuers that
only have debt or preferred stock listed
on the Exchange. However, to the extent
Rule 10A–3 under the Act requires such
issuers to comply with Section 803 of
the Company Guide, the Exchange
proposes to amend Sections 801(c) and
801(g) to clarify that such issuers must
also comply with new Sections 810(b)
and 810(c). Because such issuers need
only comply with Section 803 to the
extent required by Rule 10A–3 under
the Act, the Exchange will be able to
obtain all relevant information to
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]]>Agencies
[Federal Register Volume 80, Number 28 (Wednesday, February 11, 2015)]
[Notices]
[Pages 7657-7659]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-02749]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-74211; File No. SR-BX-2015-008]
Self-Regulatory Organizations; Notice of Filing and Immediate
Effectiveness of Proposed Rule Change by NASDAQ OMX BX, Inc. Relating
to a Typographical Error
February 5, 2015.
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 January 29, 2015, NASDAQ OMX BX, Inc. (``BX'' or ``Exchange'')
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. 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 modify the BX Rulebook at Options Chapter
VI, Section 1 to correct a typographical error in a previous rule
change.
The Exchange requests that the Commission waive the 30-day
operative delay period contained in Exchange Act Rule 19b-
4(f)(6)(iii).\3\
---------------------------------------------------------------------------
\3\ 17 CFR 240.19b-4(f)(6)(iii).
---------------------------------------------------------------------------
The text of the proposed rule change is available on the Exchange's
Web site at https://nasdaqomxbx.cchwall street.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 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.
[[Page 7658]]
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange is proposing to modify the Exchange's Rulebook at
Chapter VI, Section 1 to correct a typographical error associated with
the numbering in the Rulebook. The Exchange filed a proposed rule
change which was recently approved,\4\ which caused duplicative
numbering in the Rulebook. The purpose of this filing is administrative
in nature; the Exchange solely desires to correct the numbering in
Chapter VI, Section 1. There are no substantive changes being made in
this proposed rule change.
---------------------------------------------------------------------------
\4\ Securities Exchange Act Release No. 34-73784 (December 8,
2014), 79 FR 73930 (December 12, 2014) (SR-BX-2014-049). The filing
attempted to add new subsection (e)(1) to BX Options Chapter VI,
Section 1, a subsection that already contained other text.
---------------------------------------------------------------------------
Specifically, the Exchange proposes to renumber the second (1) in
Chapter IV, Section 1(e), related to a Directed Order, and continue
numbering the paragraphs thereafter. The Exchange is also proposing to
remove Chapter IV, Sections 1(e)(4) and (7) which are currently
reserved.
2. Statutory Basis
The Exchange believes that its proposal is consistent with Section
6(b) of the Act \5\ in general, and furthers the objectives of Section
6(b)(5) of the Act \6\ in particular, in that it is designed to promote
just and equitable principles of trade, to remove impediments to and
perfect the mechanism of a free and open market and a national market
system, and, in general to protect investors and the public interest,
by correcting a typographical error in the BX Rulebook. The Exchange
believes that correcting the error will avoid confusion when referring
to the Rulebook. The proposed amendments are non-substantive.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78f(b).
\6\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange 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 proposed rule change
corrects a typographical error in the Rulebook and is non-substantive.
This proposed rule change will not impact competition in any respect.
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
Because the proposed rule change does not (i) significantly affect
the protection of investors or the public interest; (ii) impose any
significant burden on competition; and (iii) become operative for 30
days from the date on which it was filed, or such shorter time as the
Commission may designate, the proposed rule change has become effective
pursuant to Section 19(b)(3)(A) of the Act \7\ and Rule 19b-4(f)(6)
thereunder.\8\
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(3)(A).
\8\ 17 CFR 240.19b-4(f)(6). As required under Rule 19b-
4(f)(6)(iii), the Exchange provided the Commission with written
notice of its intent to file the proposed rule change, along with a
brief description and the text of the proposed rule change, at least
five business days prior to the date of filing of the proposed rule
change, or such shorter time as designated by the Commission.
---------------------------------------------------------------------------
The Exchange has asked the Commission to waive the 30-day operative
delay so that the proposal may become operative immediately upon
filing. The Exchange states that the proposal does not affect the
protection of investors or the public interest, because it is designed
solely to correct a typographical error. Similarly, the Exchange states
that the change does not impact competition in any respect. The
Exchange notes that a waiver of the 30-day operative delay will allow
the correction to the Rulebook to take effect immediately, thereby
avoiding any confusion when referring to the Rulebook. For this reason,
the Commission believes that waiver of the 30-day operative delay is
consistent with the protection of investors and the public interest.
Therefore, the Commission designates the proposed rule change to be
operative upon filing.\9\
---------------------------------------------------------------------------
\9\ For purposes only of waiving the 30-day operative delay, the
Commission has also considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------
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-BX-2015-008 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.
All submissions should refer to File Number SR-BX-2015-008. 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-BX-2015-008 and should be
submitted on or before March 4, 2015.
[[Page 7659]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2015-02749 Filed 2-10-15; 8:45 am]
BILLING CODE 8011-01-P
