Self-Regulatory Organizations: Miami International Securities Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 404, 65277-65279 [2015-27072]
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Federal Register / Vol. 80, No. 206 / Monday, October 26, 2015 / Notices
believes that the proposed rule change
does not raise any novel regulatory
considerations and should provide
greater specificity with respect to the
functionality available on the Exchange
as symbols are migrated to the Pillar
platform. For these reasons, the
Commission believes that the proposal
should help to prevent fraudulent and
manipulative acts and practices,
promote just and equitable principles of
trade, remove impediments to and
perfect the mechanism of a free and
open market and a national market
system, and, in general, protect
investors and the public interest.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
IV. Accelerated Approval of
Amendment No. 1
In Amendment No. 1, the Exchange:
(i) Removes an erroneous reference to
subparagraph (6) from proposed Rule
7.11P(b); (ii) amends proposed Rule
7.16P(f)(5)(A) to add the phrase ‘‘or
lower than’’ to clarify that short sale
orders with a working price and/or
display price below the NBB would also
be re-priced to a Permitted Price; (iii)
amends proposed Rule 7.16P(f)(5)(C) to
clarify that the Exchange would treat all
odd lot orders ranked Priority 2—
Display Orders in the same manner as
Market Orders and other non-displayed
orders; (iv) amends proposed Rule
7.16P(f)(5)(D) to provide that all Pegged
Orders and MPL Orders, including
orders marked buy, sell long, and sell
short exempt, would use the national
best bid or offer (‘‘NBBO’’) instead of the
PBBO as the reference price; (v) amend
proposed Rule 7.18P(b)(6) to specify
that the Exchange would reject all
‘‘incoming order instructions’’ during a
UTP Regulatory Halt other than those
specified in proposed Rules 7.18P(b)(1)–
(5); (vi) amend footnote 44 of the Notice
to add a reference to Limit Immediateor-Cancel (‘‘IOC’’) Orders designated
with a minimum trade size (‘‘MTS’’),
change the rule reference for MPL–IOC
Orders from Rule 7.31P(c)(3)(E) to Rule
7.31P(d)(3)(E), and add a reference to
Day ISO ALO Orders; and (vii) amends
Rule 7.38P(b)(1) to add that if the limit
price of an odd lot order to buy (sell) is
above (below) the protected best offer
(‘‘PBO’’) (protected best bid (‘‘PBB’’),
and the PBBO is crossed, it would have
a working price equal to the PBB (PBO)
to ensure that an odd lot order to buy
(sell) would not have a working price
below (above) the PBB (PBO).
The Commission believes that the
changes proposed in Amendment No. 1
are non-substantive and further clarify
the operation of the proposed rules
governing Pillar. Accordingly, the
Commission finds good cause, pursuant
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65277
to Section 19(b)(2) of the Act,44 to
approve the proposed rule change, as
modified by Amendment No. 1, on an
accelerated basis.
submitted on or before November 16,
2015.
V. Solicitation of Comments on
Amendment No. 1
IT IS THEREFORE ORDERED,
pursuant to Section 19(b)(2) of the
Act,45 that the proposed rule change
(SR–NYSEArca–2015–58), as modified
by Amendment No. 1 thereto, be, and
hereby is, approved on an accelerated
basis.
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether Amendment No. 1 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–
NYSEArca–2015–58 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–NYSEArca–2015–58. 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 such
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–
NYSEArca-2015–58, and should be
44 15
PO 00000
U.S.C. 78s(b)(2).
Frm 00083
Fmt 4703
Sfmt 4703
VI. Conclusion
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.46
Brent J. Fields,
Secretary.
[FR Doc. 2015–27069 Filed 10–23–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76201; File No. SR–MIAX–
2015–59]
Self-Regulatory Organizations: Miami
International Securities Exchange LLC;
Notice of Filing and Immediate
Effectiveness of a Proposed Rule
Change To Amend Exchange Rule 404
October 20, 2015.
Pursuant to the provisions of section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder, 2 notice is hereby given that
on October 15, 2015, Miami
International Securities Exchange LLC
(‘‘MIAX’’ or ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) a 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 the Substance
of the Proposed Rule Change
The Exchange is filing a proposal to
amend Exchange Rule 404 to replace the
name ‘‘Google Inc.’’ with ‘‘Alphabet
Inc.’’
The text of the proposed rule change
is available on the Exchange’s Web site
at https://www.miaxoptions.com/filter/
wotitle/rule_filing, at MIAX’s principal
office, and at the Commission’s Public
Reference Room.
45 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
46 17
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65278
Federal Register / Vol. 80, No. 206 / Monday, October 26, 2015 / Notices
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
asabaliauskas on DSK5VPTVN1PROD with NOTICES
1. Purpose
The Exchange is proposing to amend
Interpretations and Policies .08 to MIAX
Rule 404, entitled Mini Option
Contracts, to replace the name ‘‘Google
Inc.’’ with ‘‘Alphabet Inc.’’ Google Inc.
(‘‘Google’’) recently announced plans to
reorganize and create a new public
holding company, which will be called
Alphabet Inc. (‘‘Alphabet’’). As a result
of the holding company reorganization,
each share of Class A Common Stock
(‘‘GOOGL’’), on which the Exchange has
the ability to list as a Mini Option, will
automatically convert into an equivalent
corresponding share of Alphabet Inc.
stock. The symbol ‘‘GOOGL’’ remains
unchanged.
The Exchange is proposing to make
this change to Interpretations and
Policies .08 to enable the Exchange to
list and trade Mini Options on Google,
now Alphabet, Class A shares. The
Exchange is proposing to make this
change because, on October 5, 2015
Google reorganized and as a result
underwent a name change.
The purpose of this change is to
ensure that Interpretations and Policies
.08 to Exchange Rule 404 reflects the
Exchange’s intention to be able to list
and trade Mini Options on only an
exhaustive list of underlying securities
outlined in Interpretations and Policies
.08 to Rule 404. As a result, the
proposed change will help avoid
confusion.
2. Statutory Basis
MIAX believes that its proposed rule
change 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
3 15
U.S.C. 78f(b).
4 15 U.S.C. 78f(b)(5).
VerDate Sep<11>2014
18:53 Oct 23, 2015
Jkt 238001
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade, to foster
cooperation and coordination with
persons engaged in facilitating
transactions in securities, to remove
impediments to and perfect the
mechanisms of a free and open market
and a national market system and, in
general, to protect investors and the
public interest.
In particular, the proposed rule
change to change the name Google to
Alphabet to reflect the new ownership
structure is consistent with the Act
because the proposed change is merely
updating the current name associated
with the stock symbol GOOGL. The
proposed change will allow for
continued benefit to investors by
enabling the Exchange to provide them
with additional investment alternatives.
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.
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 that is not
necessary or appropriate in furtherance
of the purposes of the Act. In particular,
the proposed rule change to change the
name Google to Alphabet to reflect the
new ownership structure is consistent
with the Act because the proposed
change is merely updating the current
name associated with the stock symbol
GOOGL. The proposed change will
allow for continued benefit to investors
by enabling the Exchange to provide
them with additional investment
alternatives.
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–
MIAX–2015–59 on the subject line.
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 after the date of
the filing, or such shorter time as the
Commission may designate, it has
become effective pursuant to 19(b)(3)(A)
of the Act 5 and Rule 19b–4(f)(6) 6
thereunder.
5 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b4(f)(6) requires a self-regulatory organization to give
the Commission written notice of its intent to file
the proposed rule change at least five business days
prior to the date of filing of the proposed rule
6 17
PO 00000
Frm 00084
Fmt 4703
Sfmt 4703
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:
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–MIAX–2015–59. 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 such
filing also will be available for
inspection and copying at the principal
change, or such shorter time as designated by the
Commission. The Exchange has satisfied this
requirement.
E:\FR\FM\26OCN1.SGM
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Federal Register / Vol. 80, No. 206 / Monday, October 26, 2015 / Notices
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–MIAX–
2015–59, and should be submitted on or
before November 16, 2015.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority. 7
Brent J. Fields,
Secretary.
[FR Doc. 2015–27072 Filed 10–23–15; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76197; File No. SR–BATS–
2015–87]
Self-Regulatory Organizations; BATS
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend Rule 11.13,
Order Execution and Routing
October 20, 2015.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
9, 2015, BATS Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BATS’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the Exchange. The
Exchange has designated this proposal
as a ‘‘non-controversial’’ proposed rule
change pursuant to Section 19(b)(3)(A)
of the Act 3 and Rule 19b–4(f)(6)
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.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
The Exchange filed a proposal to
amend Rule 11.13, Order Execution and
Routing, to enable Users 5 to designate
their orders for participation in the reopening (following a halt, suspension,
7 17
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6).
5 The term ‘‘User’’ is defined as ‘‘any Member or
Sponsored Participant who is authorized to obtain
access to the System pursuant to Rule 11.3.’’ See
Exchange Rule 1.5(cc).
VerDate Sep<11>2014
18:53 Oct 23, 2015
Jkt 238001
65279
or pause) of a primary listing market
other than the Exchange (NYSE, Nasdaq,
NYSE MKT, or NYSE Arca) if received
before the re-opening time of such
market.
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.
option, any remaining shares will either
be posted to the BATS Book,7 executed,
or routed to destinations on the System
routing table.8 Should no halt,
suspension, or pause occur on the
primary listing market, such orders
would remain on the BATS Book,
executed, or routed to destinations on
the System routing table.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
The Exchange believes that its
proposal is consistent with Section 6(b)
of the Act 9 in general, and furthers the
objectives of Section 6(b)(5) of the Act 10
in particular, in that it is designed to
promote just and equitable principles of
trade, to foster cooperation and
coordination with persons engaged in
facilitating transactions in securities, 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. Certain Users whose
orders are resting on the BATS Book
may wish that their order only be routed
to the primary market’s re-opening
process following a halt, suspension or
pause, and not the primary market’s
opening or closing processes. The
proposed rule change promotes just and
equitable principles of trade because it
would provide such Users with
additional flexibility where they wish
that their order only be eligible to route
to the primary listing market to
participate in the re-opening process
following a halt, suspension or pause. In
addition, and as discussed above, the
proposed rule change is similar to the
Exchange’s current ROOC routing
option.
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Rule 11.13, Order Execution and
Routing, to enable Users to designate
their orders for participation in the reopening (following a halt, suspension,
or pause) of a primary listing market
other than the Exchange (NYSE, Nasdaq,
NYSE MKT, or NYSE Arca) if received
before the re-opening time of such
market. The Exchange currently offers
the ROOC routing option, under which
Users may designate their orders for
participation in the opening or closing
process, in addition to the re-opening
(following a halt, suspension, or pause),
of a primary listing market other than
the Exchange, if received before the
opening/re-opening/closing time of such
market.6 However, some Users only
wish that their orders be routed to
participate in the primary market’s reopening process, and not its opening or
closing processes. Therefore, the
Exchange proposes to enable Users to
designate their orders for participation
in the re-opening of a primary listing
market.
The proposed optionality would
operate like the current ROOC routing
option, but for routing to the primary
listing market’s opening or closing
process. Lastly, like the ROOC routing
6 See
PO 00000
Exchange Rule 11.13(b)(3)(N).
Frm 00085
Fmt 4703
Sfmt 4703
2. Statutory Basis
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposal will impose any burden on
competition not necessary or
appropriate in furtherance of the
purposes of the Act. The Exchange
believes that its proposal would
increase competition because it offers
Users an alternative means to route
orders to the primary listing market to
participate in the re-opening following a
halt, suspension, or pause as if they
entered orders on that market directly.
7 The term ‘‘BATS Book’’ is defined as ‘‘the
System’s electronic file of orders.’’ See Exchange
Rule 1.5(e).
8 The term ‘‘System routing table’’ refers to the
proprietary process for determining the specific
options exchanges to which the System routes
orders and the order in which it routes them. See
Exchange Rule 11.13(b)(3).
9 15 U.S.C. 78f(b).
10 15 U.S.C. 78f(b)(5).
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Agencies
[Federal Register Volume 80, Number 206 (Monday, October 26, 2015)]
[Notices]
[Pages 65277-65279]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-27072]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-76201; File No. SR-MIAX-2015-59]
Self-Regulatory Organizations: Miami International Securities
Exchange LLC; Notice of Filing and Immediate Effectiveness of a
Proposed Rule Change To Amend Exchange Rule 404
October 20, 2015.
Pursuant to the provisions of section 19(b)(1) of the Securities
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder, \2\
notice is hereby given that on October 15, 2015, Miami International
Securities Exchange LLC (``MIAX'' or ``Exchange'') filed with the
Securities and Exchange Commission (``Commission'') a 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 the
Substance of the Proposed Rule Change
The Exchange is filing a proposal to amend Exchange Rule 404 to
replace the name ``Google Inc.'' with ``Alphabet Inc.''
The text of the proposed rule change is available on the Exchange's
Web site at https://www.miaxoptions.com/filter/wotitle/rule_filing, at
MIAX's principal office, and at the Commission's Public Reference Room.
[[Page 65278]]
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.
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 amend Interpretations and Policies .08
to MIAX Rule 404, entitled Mini Option Contracts, to replace the name
``Google Inc.'' with ``Alphabet Inc.'' Google Inc. (``Google'')
recently announced plans to reorganize and create a new public holding
company, which will be called Alphabet Inc. (``Alphabet''). As a result
of the holding company reorganization, each share of Class A Common
Stock (``GOOGL''), on which the Exchange has the ability to list as a
Mini Option, will automatically convert into an equivalent
corresponding share of Alphabet Inc. stock. The symbol ``GOOGL''
remains unchanged.
The Exchange is proposing to make this change to Interpretations
and Policies .08 to enable the Exchange to list and trade Mini Options
on Google, now Alphabet, Class A shares. The Exchange is proposing to
make this change because, on October 5, 2015 Google reorganized and as
a result underwent a name change.
The purpose of this change is to ensure that Interpretations and
Policies .08 to Exchange Rule 404 reflects the Exchange's intention to
be able to list and trade Mini Options on only an exhaustive list of
underlying securities outlined in Interpretations and Policies .08 to
Rule 404. As a result, the proposed change will help avoid confusion.
2. Statutory Basis
MIAX believes that its proposed rule change 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
prevent fraudulent and manipulative acts and practices, to promote just
and equitable principles of trade, to foster cooperation and
coordination with persons engaged in facilitating transactions in
securities, to remove impediments to and perfect the mechanisms of a
free and open market and a national market system and, in general, to
protect investors and the public interest.
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78f(b).
\4\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
In particular, the proposed rule change to change the name Google
to Alphabet to reflect the new ownership structure is consistent with
the Act because the proposed change is merely updating the current name
associated with the stock symbol GOOGL. The proposed change will allow
for continued benefit to investors by enabling the Exchange to provide
them with additional investment alternatives.
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 that is not necessary or appropriate
in furtherance of the purposes of the Act. In particular, the proposed
rule change to change the name Google to Alphabet to reflect the new
ownership structure is consistent with the Act because the proposed
change is merely updating the current name associated with the stock
symbol GOOGL. The proposed change will allow for continued benefit to
investors by enabling the Exchange to provide them with additional
investment alternatives.
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 after the date of the filing, or such
shorter time as the Commission may designate, it has become effective
pursuant to 19(b)(3)(A) of the Act \5\ and Rule 19b-4(f)(6) \6\
thereunder.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78s(b)(3)(A).
\6\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)
requires a self-regulatory organization to give the Commission
written notice of its intent to file 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 satisfied this requirement.
---------------------------------------------------------------------------
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-MIAX-2015-59 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-MIAX-2015-59. 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 such filing also will be available
for inspection and copying at the principal
[[Page 65279]]
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-MIAX-2015-59, and should be submitted on or before November 16,
2015.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority. \7\
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\7\ 17 CFR 200.30-3(a)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2015-27072 Filed 10-23-15; 8:45 am]
BILLING CODE 8011-01-P