Sunshine Act Meeting, 37327 [2015-16095]
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Federal Register / Vol. 80, No. 125 / Tuesday, June 30, 2015 / Notices
trading in the securities of the abovelisted companies is suspended for the
period from 9:30 a.m. EDT on June 26,
2015, through 11:59 p.m. EDT on July
10, 2015.
SECURITIES AND EXCHANGE
COMMISSION
By the Commission.
Jill M. Peterson,
Assistant Secretary.
Self-Regulatory Organizations;
NASDAQ OMX Phlx LLC; Notice of
Filing of Amendment No. 1 and Order
Granting Accelerated Approval of
Proposed Rule Change, as Modified by
Amendment No. 1, To Amend and
Restate Certain Rules That Govern the
NASDAQ OMX PSX
[FR Doc. 2015–16148 Filed 6–26–15; 4:15 pm]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
June 24, 2015.
I. Introduction
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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, July 2, 2015 at 2 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 Aguilar, 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;
Adjudicatory matters; 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: June 25, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–16095 Filed 6–26–15; 11:15 am]
BILLING CODE 8011–01–P
VerDate Sep<11>2014
17:34 Jun 29, 2015
[Release No. 34–75293; File No. SR–Phlx–
2015–29]
Jkt 235001
On March 20, 2015, NASDAQ OMX
PHLX LLC (‘‘Phlx’’ or the ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to amend and restate certain
Phlx rules that govern NASDAQ OMX
PSX (‘‘PSX’’) in order to provide a
clearer and more detailed description of
certain aspects of its functionality. The
proposed rule change was published for
comment in the Federal Register on
April 6, 2015.3 The Commission
received no comment letters regarding
the proposed rule change. On May 13,
2015, the Commission extended to July
5, 2015, the time period in which to
approve the proposed rule change,
disapprove the proposed rule change, or
institute proceedings to determine
whether the proposed rule change
should be disapproved.4 On June 22,
2015, the Exchange filed Amendment
No. 1 to the proposed rule change.5 This
order approves the proposed rule
change, as amended, on an accelerated
basis.
II. Description of the Amended
Proposal
The Exchange proposes to amend and
restate certain Phlx rules that govern
PSX in order to provide additional
detail and clarity regarding its order
type functionality.6 This proposed rule
change is a response to Chair White’s
request that each equities exchange
conduct a comprehensive review of the
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 74618
(March 31, 2015), 80 FR 18452 (‘‘Notice’’).
4 See Securities Exchange Act Release No. 74954,
80 FR 28739 (May 19, 2015).
5 In Amendment No. 1, the Exchange proposed to
correct typographical errors in the original filing,
further improve the clarity of certain rule language,
and include additional explanation with regard to
the purpose of the proposed rule change.
6 See Notice, 80 FR at 18452–53.
2 17
PO 00000
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37327
operation of each of the order types that
it offers to members.7
While the Exchange believes that its
current rules and other public
disclosures provide a comprehensive
description of the operation of PSX and
are sufficient for members and the
investing public to have an accurate
understanding of its market structure, it
also acknowledges that a restatement of
certain rules will further clarify the
operation of its system.8 For instance,
Phlx believes that adding examples of
order type operation to its rules will
promote greater understanding of the
Exchange’s market structure.9 In
addition, Phlx asserts that certain
functionality previously described as an
‘‘order type’’ is more precisely
characterized as an attribute that may be
added to a particular order.10
Accordingly, this proposed rule change
distinguishes between ‘‘Order Types’’
and ‘‘Order Attributes,’’ and provides
descriptions of the Order Attributes that
may be attached to particular Order
Types.11
Currently, Phlx Rule 3301
(Definitions) sets forth most of the rules
governing Order Types and Order
Attributes, as well as other defined
terms that pertain to trading securities
on PSX.12 Phlx proposes to amend Rule
3301. Phlx also proposes to amend the
definitions pertaining to Order Types
and Order Attributes and to relocate
them from Rule 3301 to new Rules
3301A (Order Types) and 3301B (Order
Attributes), respectively.13 In addition,
Phlx proposes to delete Rule 3305 as the
information contained therein is
superseded by proposed Rules 3301A
and 3301B.14 Lastly, Phlx proposes
certain conforming and technical
changes to Rule 3306.15
Phlx represents that, except where
specifically stated otherwise, all
proposed rules are restatements of
existing rules and are not intended to
reflect substantive changes to rule text
or the operation of PSX.16 Proposed
Rule 3301A related to Order Types
7 See id. at 18453; see also Mary Jo White, Chair,
Commission, Speech at the Sandler O’Neill &
Partners, L.P. Global Exchange and Brokerage
Conference (June 5, 2014), available at https://
www.sec.gov/News/Speech/Detail/Speech/
1370542004312.
8 See Notice, 80 FR at 18453.
9 Id.
10 Id.
11 Id.
12 See Rule 3301.
13 See proposed Rules 3301A and 3301B.
14 See Rule 3305.
15 Phlx states that, in subsequent proposed rule
changes, it plans to restate the remainder of its
Rules numbered 3302 through 3316 so that they
appear sequentially following Rule 3301B.
16 See Notice, 80 FR at 18453.
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Agencies
[Federal Register Volume 80, Number 125 (Tuesday, June 30, 2015)]
[Notices]
[Page 37327]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-16095]
-----------------------------------------------------------------------
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, July 2,
2015 at 2 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 Aguilar, 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;
Adjudicatory matters; 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: June 25, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-16095 Filed 6-26-15; 11:15 am]
BILLING CODE 8011-01-P