Self-Regulatory Organizations; NASDAQ OMX BX, Inc.; Notice of Filing of Proposed Rule Change To Amend the Amended and Restated Certificate of Incorporation and By-Laws of The NASDAQ OMX Group, Inc., 31427-31429 [2015-13173]
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asabaliauskas on DSK5VPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 105 / Tuesday, June 2, 2015 / Notices
fund’s directors have approved
procedures for purchases made in
reliance on the rule, regularly review
fund purchases to determine whether
they comply with these procedures, and
approve necessary changes to the
procedures; and (iii) a written record of
each transaction effected under the rule
is maintained for six years, the first two
of which in an easily accessible place.
The written record must state: (i) From
whom the securities were acquired; (ii)
the identity of the underwriting
syndicate’s members; (iii) the terms of
the transactions; and (iv) the
information or materials on which the
fund’s board of directors has determined
that the purchases were made in
compliance with procedures established
by the board.
The rule also conditionally allows
managed portions of fund portfolios to
purchase securities offered in otherwise
off-limits primary offerings. To qualify
for this exemption, rule 10f–3 requires
that the subadviser that is advising the
purchaser be contractually prohibited
from providing investment advice to
any other portion of the fund’s portfolio
and consulting with any other of the
fund’s advisers that is a principal
underwriter or affiliated person of a
principal underwriter concerning the
fund’s securities transactions.
These requirements provide a
mechanism for fund boards to oversee
compliance with the rule. The required
recordkeeping facilitates the
Commission staff’s review of rule 10f–
3 transactions during routine fund
inspections and, when necessary, in
connection with enforcement actions.
The staff estimates that approximately
270 funds engage in a total of
approximately 3,350 rule 10f–3
transactions each year.1 Rule 10f–3
requires that the purchasing fund create
a written record of each transaction that
includes, among other things, from
whom the securities were purchased
and the terms of the transaction. The
staff estimates 2 that it takes an average
fund approximately 30 minutes per
transaction and approximately 1,675
hours 3 in the aggregate to comply with
this portion of the rule.
The funds also must maintain and
preserve these transactional records in
accordance with the rule’s
recordkeeping requirement, and the staff
estimates that it takes a fund
1 These
estimates are based on staff extrapolations
from filings with the Commission.
2 Unless stated otherwise, the information
collection burden estimates are based on
conversations between the staff and representatives
of funds.
3 This estimate is based on the following
calculation: (0.5 hours × 3,350 = 1,675 hours).
VerDate Sep<11>2014
17:26 Jun 01, 2015
Jkt 235001
approximately 20 minutes per
transaction and that annually, in the
aggregate, funds spend approximately
1,117 hours 4 to comply with this
portion of the rule.
In addition, fund boards must, no less
than quarterly, examine each of these
transactions to ensure that they comply
with the fund’s policies and procedures.
The information or materials upon
which the board relied to come to this
determination also must be maintained
and the staff estimates that it takes a
fund 1 hour per quarter and, in the
aggregate, approximately 1,080 hours 5
annually to comply with this rule
requirement.
The staff estimates that reviewing and
revising as needed written procedures
for rule 10f–3 transactions takes, on
average for each fund, two hours of a
compliance attorney’s time per year.6
Thus, annually, in the aggregate, the
staff estimates that funds spend a total
of approximately 540 hours 7 on
monitoring and revising rule 10f–3
procedures.
Based on an analysis of fund filings,
the staff estimates that approximately
251 fund portfolios enter into
subadvisory agreements each year.8
Based on discussions with industry
representatives, the staff estimates that
it will require approximately 3 attorney
hours to draft and execute additional
clauses in new subadvisory contracts in
order for funds and subadvisers to be
able to rely on the exemptions in rule
10f–3. Because these additional clauses
are identical to the clauses that a fund
would need to insert in their
subadvisory contracts to rely on rules
12d3–1, 17a–10, and 17e–1, and because
we believe that funds that use one such
rule generally use all of these rules, we
apportion this 3 hour time burden
equally to all four rules. Therefore, we
estimate that the burden allocated to
rule 10f–3 for this contract change
would be 0.75 hours.9 Assuming that all
251 funds that enter into new
subadvisory contracts each year make
the modification to their contract
4 This estimate is based on the following
calculations: (20 minutes × 3,350 transactions =
67,000 minutes; 67,000 minutes/60 = 1,117 hours).
5 This estimate is based on the following
calculation: (1 hour per quarter × 4 quarters × 270
funds = 1,080 hours).
6 These averages take into account the fact that in
most years, fund attorneys and boards spend little
or no time modifying procedures and in other years,
they spend significant time doing so.
7 This estimate is based on the following
calculation: (270 funds × 2 hours = 540 hours).
8 Based on information in Commission filings, we
estimate that 38 percent of funds are advised by
subadvisers.
9 This estimate is based on the following
calculation (3 hours ÷ 4 rules = .75 hours).
PO 00000
Frm 00079
Fmt 4703
Sfmt 4703
31427
required by the rule, we estimate that
the rule’s contract modification
requirement will result in 188 burden
hours annually.10
The staff estimates, therefore, that rule
10f–3 imposes an information collection
burden of 4,060 hours.11 This estimate
does not include the time spent filing
transaction reports on Form N–SAR,
which is encompassed in the
information collection burden estimate
for that form.
The collection of information required
by rule 10f–3 is necessary to obtain the
benefits of the rule. Responses will not
be kept confidential. An agency may not
conduct or sponsor, and a person is not
required to respond to, a collection of
information unless it displays a
currently valid OMB control number.
The public may view the background
documentation for this information
collection at the following Web site,
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Pamela
Dyson, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC 20549
or send an email to: PRA_Mailbox@
sec.gov. Comments must be submitted to
OMB within 30 days of this notice.
Dated: May 28, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–13381 Filed 6–1–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–75051; File No. SR–BX–
2015–030]
Self-Regulatory Organizations;
NASDAQ OMX BX, Inc.; Notice of Filing
of Proposed Rule Change To Amend
the Amended and Restated Certificate
of Incorporation and By-Laws of The
NASDAQ OMX Group, Inc.
May 27, 2015.
Pursuant to section 19(b)(1) of the
Securities Exchange Act of 1934 (the
10 These estimates are based on the following
calculations: (0.75 hours × 251 portfolios = 188
burden hours).
11 This estimate is based on the following
calculation: (1,675 hours + 1,117 hours + 1,080
hours + 188 hours = 4,060 total burden hours).
E:\FR\FM\02JNN1.SGM
02JNN1
31428
Federal Register / Vol. 80, No. 105 / Tuesday, June 2, 2015 / Notices
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on May 19,
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, II, and
III 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 is filing this proposed
rule change with respect to amendments
of the Amended and Restated Certificate
of Incorporation (the ‘‘Charter’’) and ByLaws (the ‘‘By-Laws’’) of its parent
corporation, The NASDAQ OMX Group,
Inc. (‘‘NASDAQ OMX’’ or the
‘‘Company’’), to change the name of the
Company to Nasdaq, Inc. The proposed
amendments will be implemented on a
date designated by NASDAQ OMX
following approval by the Commission.
The text of the proposed rule change is
available on the Exchange’s Web site at
https://nasdaqomxbx.cchwallstreet.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 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.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
As part of an ongoing global
rebranding initiative, the Company has
begun to refer to itself, both internally
and externally, as Nasdaq, rather than
NASDAQ OMX. For purposes of
consistency with its marketing,
communications and other materials,
the Company has decided to change the
legal names of NASDAQ OMX and
certain of its subsidiaries to eliminate
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
17:26 Jun 01, 2015
references to OMX. The Company
therefore proposes to amend its Charter
and By-Laws to change its legal name
from The NASDAQ OMX Group, Inc. to
Nasdaq, Inc.
Specifically, the Company proposes to
file a Certificate of Amendment to its
Charter with the Secretary of State of the
State of Delaware to amend Article First
of the Charter to reflect the new name.
In addition, the Company proposes to
amend the title and Article I(f) of the
By-Laws to reflect the new name.
2. Statutory Basis
The Exchange believes that its
proposal is consistent with section 6(b)
of the Act,3 in general, and furthers the
objectives of section 6(b)(5) of the Act,4
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. The
Company is proposing amendments to
its Charter and By-Laws to effectuate its
name change to Nasdaq, Inc. The
Exchange believes that the changes will
protect investors and the public interest
by eliminating confusion that may exist
because of differences between the
Company’s corporate name and its
current global branding.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
Because the proposed rule change
relates to the governance of NASDAQ
OMX and not to the operations of the
Exchange, 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.
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
Within 45 days of the date of
publication of this notice in the Federal
Register or within such longer period (i)
as the Commission may designate up to
90 days of such date if it finds such
longer period to be appropriate and
publishes its reasons for so finding or
(ii) as to which the Exchange consents,
the Commission shall: (a) By order
3 15
4 15
Jkt 235001
PO 00000
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
Frm 00080
Fmt 4703
Sfmt 4703
approve or disapprove such proposed
rule change, or (b) institute proceedings
to determine whether the proposed rule
change should be 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–2015–030 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–BX–2015–030. 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–
2015–030 and should be submitted on
or before June 23, 2015.
E:\FR\FM\02JNN1.SGM
02JNN1
Federal Register / Vol. 80, No. 105 / Tuesday, June 2, 2015 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.5
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–13173 Filed 6–1–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–75058; File No. SR–FINRA–
2015–012]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Clarify the Scope of
the Definition of ‘‘Asset-Backed
Security’’ for Purposes of Reporting to
FINRA’s Trade Reporting and
Compliance Engine (TRACE) System
May 28, 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 May 19,
2015, Financial Industry Regulatory
Authority, Inc. (‘‘FINRA’’) 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 FINRA. FINRA has designated the
proposed rule change as constituting a
‘‘non-controversial’’ rule change under
paragraph (f)(6) of Rule 19b–4 under the
Act,3 which renders the proposal
effective upon receipt of this filing by
the Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
FINRA is proposing to clarify the
scope of the definition of ‘‘Asset-Backed
Security’’ for purposes of reporting to
FINRA’s Trade Reporting and
Compliance Engine (TRACE) system.
The text of the proposed rule change
is available on FINRA’s Web site at
https://www.finra.org, at the principal
office of FINRA and at the
Commission’s Public Reference Room.
5 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 17 CFR 240.19b–4(f)(6).
1 15
VerDate Sep<11>2014
17:26 Jun 01, 2015
Jkt 235001
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
FINRA 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. FINRA has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
On November 13, 2013, FINRA
proposed a revised definition of ‘‘AssetBacked Security’’ in Rule 6710 and also
proposed new supplementary material
to provide further guidance on the
intended scope of the definition.4 In
Amendment No. 1 to the Proposal,
FINRA modified the definition of
‘‘Asset-Backed Security’’ to provide that
the term excludes any securitized
product backed by ‘‘residential or
commercial mortgage loans, mortgagebacked securities, or other financial
assets derivative of mortgage-backed
securities.’’ 5 However, a corresponding
change to the supplementary material to
delete such security types from the
scope of Asset-Backed Security was not
made at that time. FINRA is now
proposing to amend Supplementary
Material .01 of Rule 6710 to make clear
that home equity loans and home equity
lines of credit are not within the scope
of the defined term ‘‘Asset-Backed
Security.’’ 6
FINRA has filed the proposed rule
change for immediate effectiveness. The
implementation date of the proposed
rule change will be June 1, 2015.
2. Statutory Basis
FINRA believes that the proposed rule
change is consistent with the provisions
of Section 15A(b)(6) of the Act,7 which
requires, among other things, that
FINRA rules must be designed to
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade, and, in
general, to protect investors and the
public interest. FINRA believes that the
proposed rule change will clarify the
intended scope and operation of the
amendments adopted by SR–FINRA–
2013–046 by making clear that home
equity loans and home equity lines of
credit are not within the scope of the
definition of ‘‘Asset-Backed Security.’’
B. Self-Regulatory Organization’s
Statement on Burden on Competition
FINRA does not believe that the
proposed rule change will result in any
burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed rule change clarifies the
intended operation of an existing rule.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments were neither
solicited nor received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing 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, it has
become effective pursuant to section
19(b)(3)(A) of the Act 8 and Rule 19b–
4(f)(6) thereunder.9
FINRA has requested that the
Commission waive the requirement that
the rule change, by its terms, not
become operative for 30 days after the
date of the filing as set forth in Rule
19b–4(f)(6)(iii),10 so that the proposal
may become operative on June 1, 2015,
which is the date that TRACE
dissemination of the additional AssetBacked Securities information will
begin. The Commission notes that the
proposed rule change, by making a
conforming change to Supplementary
Material .01 of Rule 6710, would clarify
the definition of Asset-Backed Security
in that Rule. The Commission notes that
without such a waiver there could be a
period of time during which
8 15
4 See
Securities Exchange Act Release No. 70906
(November 20, 2013), 78 FR 70602 (November 26,
2013) (Notice of Filing of File No. SR–FINRA–
2013–046) (‘‘Proposal’’).
5 See Amendment No. 1 to SR–FINRA–2013–046.
6 TRACE dissemination of additional AssetBacked Securities will begin on June 1, 2015. See
Regulatory Notice 14–34 (August 2014).
7 15 U.S.C. 78o–3(b)(6).
PO 00000
Frm 00081
Fmt 4703
Sfmt 4703
31429
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). As required under Rule
19b–4(f)(6)(iii), FINRA 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.
10 17 CFR 240.19b–4(f)(6)(iii).
9 17
E:\FR\FM\02JNN1.SGM
02JNN1
Agencies
[Federal Register Volume 80, Number 105 (Tuesday, June 2, 2015)]
[Notices]
[Pages 31427-31429]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-13173]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-75051; File No. SR-BX-2015-030]
Self-Regulatory Organizations; NASDAQ OMX BX, Inc.; Notice of
Filing of Proposed Rule Change To Amend the Amended and Restated
Certificate of Incorporation and By-Laws of The NASDAQ OMX Group, Inc.
May 27, 2015.
Pursuant to section 19(b)(1) of the Securities Exchange Act of 1934
(the
[[Page 31428]]
``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on May 19, 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, II, and III 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 is filing this proposed rule change with respect to
amendments of the Amended and Restated Certificate of Incorporation
(the ``Charter'') and By-Laws (the ``By-Laws'') of its parent
corporation, The NASDAQ OMX Group, Inc. (``NASDAQ OMX'' or the
``Company''), to change the name of the Company to Nasdaq, Inc. The
proposed amendments will be implemented on a date designated by NASDAQ
OMX following approval by the Commission. The text of the proposed rule
change is available on the Exchange's Web site at https://nasdaqomxbx.cchwallstreet.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 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.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
As part of an ongoing global rebranding initiative, the Company has
begun to refer to itself, both internally and externally, as Nasdaq,
rather than NASDAQ OMX. For purposes of consistency with its marketing,
communications and other materials, the Company has decided to change
the legal names of NASDAQ OMX and certain of its subsidiaries to
eliminate references to OMX. The Company therefore proposes to amend
its Charter and By-Laws to change its legal name from The NASDAQ OMX
Group, Inc. to Nasdaq, Inc.
Specifically, the Company proposes to file a Certificate of
Amendment to its Charter with the Secretary of State of the State of
Delaware to amend Article First of the Charter to reflect the new name.
In addition, the Company proposes to amend the title and Article I(f)
of the By-Laws to reflect the new name.
2. Statutory Basis
The Exchange believes that its proposal is consistent with section
6(b) of the Act,\3\ in general, and furthers the objectives of section
6(b)(5) of the Act,\4\ 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.
The Company is proposing amendments to its Charter and By-Laws to
effectuate its name change to Nasdaq, Inc. The Exchange believes that
the changes will protect investors and the public interest by
eliminating confusion that may exist because of differences between the
Company's corporate name and its current global branding.
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78f(b).
\4\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
Because the proposed rule change relates to the governance of
NASDAQ OMX and not to the operations of the Exchange, 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.
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
Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the Exchange consents, the Commission shall: (a) By order approve
or disapprove such proposed rule change, or (b) institute proceedings
to determine whether the proposed rule change should be 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-2015-030 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-BX-2015-030. 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-2015-030 and should be
submitted on or before June 23, 2015.
[[Page 31429]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\5\
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\5\ 17 CFR 200.30-3(a)(12).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-13173 Filed 6-1-15; 8:45 am]
BILLING CODE 8011-01-P