Sunshine Act Meeting, 8716 [2015-03405]
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8716
Federal Register / Vol. 80, No. 32 / Wednesday, February 18, 2015 / Notices
SECURITIES AND EXCHANGE
COMMISSION
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, February 19, 2015 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 Piwowar, as duty
officer, voted to consider the items
listed for the Closed Meeting in closed
session.
The subject matter of the Closed
Meeting will be:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings; 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: February 12, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–03405 Filed 2–13–15; 11:15 am]
SECURITIES AND EXCHANGE
COMMISSION
emcdonald on DSK67QTVN1PROD with NOTICES
[Release No. 34–74255; File No. SR–EDGX–
2015–06]
Self-Regulatory Organizations; EDGX
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change to Rules 1.5, 2.3, 2.5, and
2.6 Related to the Registration
Requirements for Members of EDGX
Exchange, Inc.
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 parts of such
statements.
1. Purpose
The Exchange proposes to amend the
various Exchange rules related to the
registration requirements on the
Exchange in order to make the
Exchange’s registration requirements
substantively identical to the
corresponding rules on BATS Exchange,
Inc. (‘‘BZX’’) and BATS Y–Exchange,
Inc. (‘‘BYX’’), as further described
1 15
February 11, 2015.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
19:32 Feb 17, 2015
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange filed a proposal to
amend Rules 1.5, 2.3, 2.5, and 2.6
related to the registration requirements
for Members of the Exchange.
The text of the proposed rule change
is available at the Exchange’s Web site
at www.batstrading.com, at the
principal office of the Exchange, and at
the Commission’s Public Reference
Room.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
BILLING CODE 8011–01–P
VerDate Sep<11>2014
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on January
30, 2015, EDGX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGX’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Exchange has
designated this proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A) of the
Act 3 and Rule 19b–4(f)(6)(iii)
thereunder,4 which renders it effective
upon filing with the Commission. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
Jkt 235001
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6)(iii).
2 17
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
below. Earlier this year, the Exchange
and its affiliate, EDGA Exchange, Inc.
(‘‘EDGA’’), received approval to effect a
merger (the ‘‘Merger’’) of the Exchange’s
parent company, Direct Edge Holdings
LLC, with BATS Global Markets, Inc.,
the parent of BZX and BYX (together
with BZX, EDGA, and EDGX, the ‘‘BGM
Affiliated Exchanges’’).5 In the context
of the Merger, the BGM Affiliated
Exchanges are working to align certain
system and regulatory functionality,
retaining only intended differences
between the BGM Affiliated Exchanges.
Thus, the proposal set forth below is
intended to amend Rules 1.5, 2.3, 2.5,
and 2.6 to make such Rules
substantively identical to corresponding
rules on BZX and BYX 6 related to
registration requirements in order to
provide a consistent regulatory
approach across each of the BGM
Affiliated Exchanges.7
Currently, Rule 1.5(n) defines the
term ‘‘Member’’ as meaning 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.
The Exchange is proposing, however, to
delete ‘‘or any person associated with a
registered broker or dealer’’ from the
rule text, as such phrase is not
contained in corresponding BZX and
BYX rules (i.e., Rule 1.5(n)) and because
the Exchange no longer believes that
this language is necessary. The
Exchange is also proposing to amend
the rule text such that Membership may
be granted to a sole proprietor,
partnership, corporation, limited
liability company or other organization
which is a registered broker or dealer
pursuant to Section 15 of the Act, and
which has been approved by the
Exchange, language which is currently
included in Rule 2.3(a), which, as
described below, the Exchange is
proposing to delete in order to further
align Exchange rules with BZX and BYX
1.5(n).
The Exchange is also proposing to
delete the definition of ‘‘Principal’’ from
Rule 1.5(t), which will instead be
defined in the proposed changes to
paragraph (d) of Interpretation and
Policy .01 to Rule 2.5, which are further
described below. Currently, the term
5 See Securities Exchange Act Release No. 71449
(January 30, 2014), 79 FR 6961 (February 5, 2014)
(SR–EDGX–2013–043; SR–EDGA–2013–034).
6 See BZX and BYX Rules 1.5, 2.3, 2.5, and 2.6.
7 The Exchange notes that EDGA intends to file
a proposal very similar to this proposal that will
align the rules related to registration requirements
across each of the BGM Affiliated Exchanges.
E:\FR\FM\18FEN1.SGM
18FEN1
Agencies
[Federal Register Volume 80, Number 32 (Wednesday, February 18, 2015)]
[Notices]
[Page 8716]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-03405]
[[Page 8716]]
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SECURITIES AND EXCHANGE COMMISSION
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,
February 19, 2015 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 Piwowar, as duty officer, voted to consider the items
listed for the Closed Meeting in closed session.
The subject matter of the Closed Meeting will be:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings; 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: February 12, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-03405 Filed 2-13-15; 11:15 am]
BILLING CODE 8011-01-P