Investor Advisory Committee Meeting, 36873 [2015-15645]
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Federal Register / Vol. 80, No. 123 / Friday, June 26, 2015 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[Release Nos. 33–9851; 34–75253; File No.
265–28]
Investor Advisory Committee Meeting
Securities and Exchange
Commission.
ACTION: Notice of meeting of Securities
and Exchange Commission Dodd-Frank
Investor Advisory Committee.
AGENCY:
The Securities and Exchange
Commission Investor Advisory
Committee, established pursuant to
Section 911 of the Dodd-Frank Wall
Street Reform and Consumer Protection
Act of 2010, is providing notice that it
will hold a public meeting. The public
is invited to submit written statements
to the Committee.
DATES: The meeting will be held on
Thursday, July 16, 2015 from 9:30 a.m.
until 3:30 p.m. (ET). Written statements
should be received on or before July 16,
2015.
ADDRESSES: The meeting will be held in
Multi-Purpose Room LL–006 at the
Commission’s headquarters, 100 F
Street NE., Washington, DC 20549. The
meeting will be webcast on the
Commission’s Web site at www.sec.gov.
Written statements may be submitted by
any of the following methods:
SUMMARY:
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Electronic Statements
D Use the Commission’s Internet
submission form (https://www.sec.gov/
rules/other.shtml); or
D Send an email message to rulescomments@sec.gov. Please include File
No. 265–28 on the subject line; or
Paper Statements
D Send paper statements to Brent J.
Fields, Secretary, Securities and
Exchange Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File No.
265–28. This file number should be
included on the subject line if email is
used. To help us process and review
your statement more efficiently, please
use only one method.
Statements also will be available for
Web site viewing and printing in the
Commission’s Public Reference Room,
100 F Street NE., Room 1580,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. All statements
received will be posted without change;
we do not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly.
FOR FURTHER INFORMATION CONTACT:
Marc Oorloff Sharma, Senior Special
VerDate Sep<11>2014
19:05 Jun 25, 2015
Jkt 235001
Counsel, Office of the Investor
Advocate, at (202) 551–3302, Securities
and Exchange Commission, 100 F Street
NE., Washington, DC 20549.
The
meeting will be open to the public,
except during that portion of the
meeting reserved for an administrative
work session during lunch. Persons
needing special accommodations to take
part because of a disability should
notify the contact person listed in FOR
FURTHER INFORMATION CONTACT.
The agenda for the meeting includes:
Remarks from Commissioners; a
discussion of background checks as a
means to address elder financial abuse
(which may include a recommendation);
a discussion of the Department of
Labor’s fiduciary rule proposal; a
shareholder rights update panel; a
report of the Committee chair regarding
Committee matters; an investment
management panel discussion on the
disclosure of fees and risks in fund
products; and a nonpublic
administrative work session during
lunch.
SUPPLEMENTARY INFORMATION:
Dated: June 22, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–15645 Filed 6–25–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–75256; File No. SR–Phlx–
2015–51]
Self-Regulatory Organizations;
NASDAQ OMX PHLX LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Relating to
Order Price Protection
June 22, 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 June 12,
2015, NASDAQ OMX PHLX LLC
(‘‘Phlx’’ 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
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00117
Fmt 4703
Sfmt 4703
36873
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
section (p)(3), Order Price Protection, of
Exchange Rule 1080, Obligations and
Restrictions Applicable to Specialists
and Registered Options Traders.
The text of the proposed rule change
is below; proposed new language is
italicized; proposed deletions are in
brackets.
*
*
*
*
*
Rule 1080 Obligations and
Restrictions Applicable to Specialists
and Registered Options Traders
(a)–(o) No change.
(p)
(1)–(2) No change.
(3) Order Price Protection (‘‘OPP’’).
OPP is a feature of Phlx XL that
prevents certain day limit, good til
cancelled, immediate or cancel, and allor-none orders at prices outside of preset standard limits from being accepted
by the system. OPP applies to all
options but does not apply to market
orders, stop limit orders, Intermarket
Sweep Orders or complex orders.
(A) OPP is operational each trading
day after the opening until the close of
trading, except during trading halts.
[The Exchange may also temporarily
deactivate OPP from time to time on an
intraday basis at its discretion if it
determines that volatility warrants
deactivation. Members will be notified
of intraday OPP deactivation due to
volatility and any subsequent intraday
reactivation by the Exchange through
the issuance of system status messages.]
(B) OPP will reject incoming orders
that exceed certain parameters
according to the following algorithm.
(i) If the better of the NBBO or the
internal market BBO (the ‘‘Reference
BBO’’) on the contra-side of an incoming
order is greater than $1.00, orders with
a limit more than 50% through such
contraside [NBBO] Reference BBO will
be rejected by Phlx XL upon receipt. For
example, if the [NBBO] Reference BBO
on the offer side is $1.10, an order to
buy options for more than $1.65 would
be rejected. Similarly, if the [NBBO]
Reference BBO on the bid side is $1.10,
an order to sell options for less than
$0.55 will be rejected.
(ii) If the [NBBO] Reference BBO on
the contra-side of an incoming order is
less than or equal to $1.00, orders with
a limit more than 100% through such
contra-side [NBBO] Reference BBO will
be rejected by Phlx XL upon receipt. For
example, if the [NBBO] Reference BBO
on the offer side is $1.00, an order to
buy options for more than $2.00 would
E:\FR\FM\26JNN1.SGM
26JNN1
Agencies
[Federal Register Volume 80, Number 123 (Friday, June 26, 2015)]
[Notices]
[Page 36873]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15645]
[[Page 36873]]
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SECURITIES AND EXCHANGE COMMISSION
[Release Nos. 33-9851; 34-75253; File No. 265-28]
Investor Advisory Committee Meeting
AGENCY: Securities and Exchange Commission.
ACTION: Notice of meeting of Securities and Exchange Commission Dodd-
Frank Investor Advisory Committee.
-----------------------------------------------------------------------
SUMMARY: The Securities and Exchange Commission Investor Advisory
Committee, established pursuant to Section 911 of the Dodd-Frank Wall
Street Reform and Consumer Protection Act of 2010, is providing notice
that it will hold a public meeting. The public is invited to submit
written statements to the Committee.
DATES: The meeting will be held on Thursday, July 16, 2015 from 9:30
a.m. until 3:30 p.m. (ET). Written statements should be received on or
before July 16, 2015.
ADDRESSES: The meeting will be held in Multi-Purpose Room LL-006 at the
Commission's headquarters, 100 F Street NE., Washington, DC 20549. The
meeting will be webcast on the Commission's Web site at www.sec.gov.
Written statements may be submitted by any of the following methods:
Electronic Statements
[ssquf] Use the Commission's Internet submission form (https://www.sec.gov/rules/other.shtml); or
[ssquf] Send an email message to rules-comments@sec.gov. Please
include File No. 265-28 on the subject line; or
Paper Statements
[ssquf] Send paper statements to Brent J. Fields, Secretary,
Securities and Exchange Commission, 100 F Street NE., Washington, DC
20549-1090.
All submissions should refer to File No. 265-28. This file number
should be included on the subject line if email is used. To help us
process and review your statement more efficiently, please use only one
method.
Statements also will be available for Web site viewing and printing
in the Commission's Public Reference Room, 100 F Street NE., Room 1580,
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. All statements received will be posted without
change; we do not edit personal identifying information from
submissions. You should submit only information that you wish to make
available publicly.
FOR FURTHER INFORMATION CONTACT: Marc Oorloff Sharma, Senior Special
Counsel, Office of the Investor Advocate, at (202) 551-3302, Securities
and Exchange Commission, 100 F Street NE., Washington, DC 20549.
SUPPLEMENTARY INFORMATION: The meeting will be open to the public,
except during that portion of the meeting reserved for an
administrative work session during lunch. Persons needing special
accommodations to take part because of a disability should notify the
contact person listed in FOR FURTHER INFORMATION CONTACT.
The agenda for the meeting includes: Remarks from Commissioners; a
discussion of background checks as a means to address elder financial
abuse (which may include a recommendation); a discussion of the
Department of Labor's fiduciary rule proposal; a shareholder rights
update panel; a report of the Committee chair regarding Committee
matters; an investment management panel discussion on the disclosure of
fees and risks in fund products; and a nonpublic administrative work
session during lunch.
Dated: June 22, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-15645 Filed 6-25-15; 8:45 am]
BILLING CODE 8011-01-P