Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 19.6, Series of Options Contracts Open for Trading, 77686-77688 [2015-31438]
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77686
Federal Register / Vol. 80, No. 240 / Tuesday, December 15, 2015 / Notices
reports to multiple markets, rather than
providing them all to a single market.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The Exchange has filed the proposed
rule change pursuant to Section
19(b)(3)(A)(iii) of the Act 10 and Rule
19b–4(f)(6) thereunder.11 Because the
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
prior to 30 days from the date on which
it was filed, or such shorter time as the
Commission may designate, if
consistent with the protection of
investors and the public interest, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act and Rule 19b–4(f)(6)(iii)
thereunder.
At any time within 60 days of the
filing of such 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
under Section 19(b)(2)(B) 12 of the Act to
determine whether the proposed rule
change should be approved or
disapproved.
IV. Solicitation of Comments
asabaliauskas on DSK5VPTVN1PROD with NOTICES
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:
10 15
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires a self-regulatory organization to
give the Commission written notice of its intent to
file the proposed rule change, along with a brief
description and 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. The Exchange
has satisfied this requirement.
12 15 U.S.C. 78s(b)(2)(B).
11 17
VerDate Sep<11>2014
17:08 Dec 14, 2015
Jkt 238001
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–
NYSEMKT–2015–101 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–NYSEMKT–2015–101. 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
offices 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–
NYSEMKT–2015–101, and should be
submitted on or before January 5, 2016.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.13
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–31441 Filed 12–14–15; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76597; File No. SR–EDGX–
2015–60]
Self-Regulatory Organizations; EDGX
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change to Rule 19.6, Series of
Options Contracts Open for Trading
December 9, 2015.
Pursuant to 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 December
2, 2015, EDGX Exchange, Inc.
(‘‘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 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 filed a proposal for the
Exchange’s equity options platform
(‘‘EDGX Options’’) to amend
Interpretation and Policy .07 (Mini
Options Contracts) to Rule 19.6 (Series
of Options Contracts Open for Trading).
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.
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.
BILLING CODE 8011–01–P
1 15
13 17
PO 00000
CFR 200.30–3(a)(12).
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E:\FR\FM\15DEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
15DEN1
Federal Register / Vol. 80, No. 240 / Tuesday, December 15, 2015 / Notices
(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 proposes to amend
Interpretation and Policy .07 to Rule
19.6 regarding Mini Options Contracts
traded on EDGX Options, to replace the
name ‘‘Google Inc.’’ with ‘‘Alphabet
Inc.’’ Google Inc. (‘‘Google’’) recently
reorganized to create a new public
holding company called Alphabet Inc.
(‘‘Alphabet’’). As a result of the holding
company reorganization, each share of
Class A Common Stock (‘‘GOOG’’),
which the Exchange has listed as a Mini
Options Contract, has automatically
converted into an equivalent
corresponding share of Alphabet Inc.
stock. The Exchange also proposes to
change symbol ‘‘GOOG’’ in
Interpretation and Policy .07 to Rule
19.6 to ‘‘GOOGL’’ to make the EDGX
Options Alphabet Class A Common
Stock Mini Options Contract symbol
consistent with the Alphabet symbols
used across the national exchanges.
The Exchange proposes this change to
Interpretation and Policy .07 to enable
the Exchange to list and trade Mini
Options Contract 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 Interpretation and Policy .07
to Rule 19.6 reflects the Exchange’s
intention to be able to list and trade
Mini Options on an exhaustive list of
underlying securities enumerated in
Interpretation and Policy .07 to Rule
19.6. This change is meant to continue
the inclusion of Class A shares of
Google (now Alphabet) in the current
list of underlying securities that Mini
Options Contracts can be traded on,
while making clear that Class C Capital
Stock shares of Google (now Alphabet)
are not part of that list as that class of
options has not been approved for Mini
Options Contracts trading. As a result,
the proposed change will help avoid
confusion.
2. Statutory Basis
The Exchange believes that its
proposal is consistent with the
requirements of the Act and the rules
and regulations thereunder that are
applicable to a national securities
exchange, and, in particular, with the
requirements of Section 6(b) of the Act.3
Specifically, the proposal is consistent
with Section 6(b)(5) of the Act 4 because
it would 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, to protect investors and the
public interest. Additionally, the
Exchange believes the proposed rule
change is consistent with the Section
6(b)(5) 5 requirement that the rules of an
exchange not be designed to permit
unfair discrimination between
customers, issuers, brokers, or dealers.
In particular, the proposal to change
the name Google to Alphabet to reflect
the new ownership structure is
consistent with the Act because the
proposed change merely updates the
current name to allow for continued
Mini Options Contracts trading on
Google’s (now Alphabet) Class A shares
and changes the symbol ‘‘GOOG’’ to
‘‘GOOGL’’ to be consistent with other
national exchanges. 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. The
proposed rule change does not impose
any burden on intra-market competition
because it applies to all members and
member organizations uniformly. There
is no burden on inter-market
competition because the exchange [sic]
is merely attempting to continue to have
the ability to list and trade Class A
shares of the company formerly known
as Google, now Alphabet, as a Mini
Option Contract. Additionally, the
changing the ‘‘GOOG’’ symbol to
‘‘GOOGL’’ will be a change in nameonly. The new symbol will continue to
represent shares of Google’s (now
Alphabet’s) Class A shares. As a result,
there will be no substantive changes to
the Exchange’s operations or its rules.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
The Exchange has not solicited, and
does not intend to solicit, comments on
this proposed rule change. The
Exchange has not received any written
comments from members or other
interested parties.
4 15
3 15
U.S.C. 78f(b).
VerDate Sep<11>2014
17:08 Dec 14, 2015
U.S.C. 78f(b)(5).
5 Id.
Jkt 238001
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Frm 00088
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77687
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the 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 if
consistent with the protection of
investors and the public interest, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 6 and Rule 19b–4(f)(6)
thereunder.7
A proposed rule change filed under
Rule 19b–4(f)(6) 8 normally does not
become operative for 30 days after the
date of filing. However, pursuant to
Rule 19b–4(f)(6)(iii) 9 the Commission
may designate a shorter time if such
action is consistent with the protection
of investors and the public interest.
The Exchange has asked the
Commission to waive the 30-day
operative delay so that the proposal may
become operative immediately upon
filing. The Commission believes that
waiving the 30-day operative delay is
consistent with the protection of
investors and the public interest as it
will allow the Exchange to accurately
reflect the new ownership structure and
ticker symbol for Alphabet Class A
shares and to continue to list and trade
mini options on Alphabet’s Class A
shares, formerly Google Class A shares.
For these reasons, the Commission
designates the proposed rule change to
be operative upon filing.10
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
6 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires the Exchange to give the
Commission written notice of the Exchange’s intent
to file the proposed rule change, along with a brief
description and 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. The Exchange
has satisfied this requirement.
8 17 CFR 240.19b–4(f)(6).
9 17 CFR 240.19b–4(f)(6)(iii).
10 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
7 17
E:\FR\FM\15DEN1.SGM
15DEN1
77688
Federal Register / Vol. 80, No. 240 / Tuesday, December 15, 2015 / Notices
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:
Paper Comments
• Send paper comments in triplicate
to Brent J. Fields, Secretary, Securities
and Exchange Commission, 100 F Street
NE., Washington, DC 20549–1090.
asabaliauskas on DSK5VPTVN1PROD with NOTICES
[FR Doc. 2015–31438 Filed 12–14–15; 8:45 am]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Amending Rule
123C To Define the Term ‘‘Official
Closing Price’’
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
• 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–
EDGX–2015–60 on the subject line.
All submissions should refer to File
Number SR–EDGX–2015–60. 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–EDGX–
2015–60, and should be submitted on or
before January 5, 2016.
17:08 Dec 14, 2015
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76598; File No. SR–NYSE–
2015–62]
December 9, 2015.
Electronic Comments
VerDate Sep<11>2014
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Robert W. Errett,
Deputy Secretary.
Jkt 238001
In The Matter of Oxford City Football
Club, Inc.; Order of Suspension of
Trading
December 11, 2015.
Oxford City Football Club, Inc.,
(‘‘Oxford City’’) is a Florida corporation
with principal place of business listed
as Deerfield Beach, Florida. Its stock is
quoted on the OTCBB and OTC Link
using the ticker symbol ‘‘OXFC.’’ It
appears to the Securities and Exchange
Commission that there is a lack of
current and accurate information
concerning the securities of Oxford City
because of questions regarding the
accuracy of assertions by Oxford City
and its CEO Thomas A. Guerriero, and
by others, in press releases and other
statements to investors concerning,
among other things: (1) The company’s
assets; (2) projections for the company’s
income; (3) the nature of the company’s
management; and (4) other general
corporate plans and information.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
company.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of the above-listed company is
suspended for the period from 9:30 a.m.
EST, on December 11, 2015, through
11:59 p.m. EST on December 24, 2015.
By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2015–31597 Filed 12–11–15; 11:15 am]
BILLING CODE 8011–01–P
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that on November
25, 2015, New York Stock Exchange
LLC (‘‘NYSE’’ or the ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the self-regulatory
organization. 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 proposes to amend
Rule 123C to define the term ‘‘Official
Closing Price.’’ The proposed rule
change is available on the Exchange’s
Web site at www.nyse.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
self-regulatory organization 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 those 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 the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Rule 123C to define the term ‘‘Official
1 15
U.S.C.78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
11 17
PO 00000
CFR 200.30–3(a)(12).
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15DEN1
Agencies
[Federal Register Volume 80, Number 240 (Tuesday, December 15, 2015)]
[Notices]
[Pages 77686-77688]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31438]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-76597; File No. SR-EDGX-2015-60]
Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of a Proposed Rule Change to Rule
19.6, Series of Options Contracts Open for Trading
December 9, 2015.
Pursuant to 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 December 2, 2015, EDGX Exchange, Inc. (``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 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 filed a proposal for the Exchange's equity options
platform (``EDGX Options'') to amend Interpretation and Policy .07
(Mini Options Contracts) to Rule 19.6 (Series of Options Contracts Open
for Trading).
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.
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.
[[Page 77687]]
(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 Interpretation and Policy .07 to
Rule 19.6 regarding Mini Options Contracts traded on EDGX Options, to
replace the name ``Google Inc.'' with ``Alphabet Inc.'' Google Inc.
(``Google'') recently reorganized to create a new public holding
company called Alphabet Inc. (``Alphabet''). As a result of the holding
company reorganization, each share of Class A Common Stock (``GOOG''),
which the Exchange has listed as a Mini Options Contract, has
automatically converted into an equivalent corresponding share of
Alphabet Inc. stock. The Exchange also proposes to change symbol
``GOOG'' in Interpretation and Policy .07 to Rule 19.6 to ``GOOGL'' to
make the EDGX Options Alphabet Class A Common Stock Mini Options
Contract symbol consistent with the Alphabet symbols used across the
national exchanges.
The Exchange proposes this change to Interpretation and Policy .07
to enable the Exchange to list and trade Mini Options Contract 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 Interpretation and
Policy .07 to Rule 19.6 reflects the Exchange's intention to be able to
list and trade Mini Options on an exhaustive list of underlying
securities enumerated in Interpretation and Policy .07 to Rule 19.6.
This change is meant to continue the inclusion of Class A shares of
Google (now Alphabet) in the current list of underlying securities that
Mini Options Contracts can be traded on, while making clear that Class
C Capital Stock shares of Google (now Alphabet) are not part of that
list as that class of options has not been approved for Mini Options
Contracts trading. As a result, the proposed change will help avoid
confusion.
2. Statutory Basis
The Exchange believes that its proposal is consistent with the
requirements of the Act and the rules and regulations thereunder that
are applicable to a national securities exchange, and, in particular,
with the requirements of Section 6(b) of the Act.\3\ Specifically, the
proposal is consistent with Section 6(b)(5) of the Act \4\ because it
would 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, to protect investors and
the public interest. Additionally, the Exchange believes the proposed
rule change is consistent with the Section 6(b)(5) \5\ requirement that
the rules of an exchange not be designed to permit unfair
discrimination between customers, issuers, brokers, or dealers.
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78f(b).
\4\ 15 U.S.C. 78f(b)(5).
\5\ Id.
---------------------------------------------------------------------------
In particular, the proposal to change the name Google to Alphabet
to reflect the new ownership structure is consistent with the Act
because the proposed change merely updates the current name to allow
for continued Mini Options Contracts trading on Google's (now Alphabet)
Class A shares and changes the symbol ``GOOG'' to ``GOOGL'' to be
consistent with other national exchanges. 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. The proposed rule change
does not impose any burden on intra-market competition because it
applies to all members and member organizations uniformly. There is no
burden on inter-market competition because the exchange [sic] is merely
attempting to continue to have the ability to list and trade Class A
shares of the company formerly known as Google, now Alphabet, as a Mini
Option Contract. Additionally, the changing the ``GOOG'' symbol to
``GOOGL'' will be a change in name-only. The new symbol will continue
to represent shares of Google's (now Alphabet's) Class A shares. As a
result, there will be no substantive changes to the Exchange's
operations or its rules.
(C) Self-Regulatory Organization's Statement on Comments on the
Proposed Rule Change Received From Members, Participants or Others
The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any written comments from members or other interested parties.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the 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 if consistent with the protection of investors
and the public interest, the proposed rule change has become effective
pursuant to Section 19(b)(3)(A) of the Act \6\ and Rule 19b-4(f)(6)
thereunder.\7\
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(3)(A).
\7\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires the Exchange to give the Commission written notice of the
Exchange's intent to file the proposed rule change, along with a
brief description and 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. The
Exchange has satisfied this requirement.
---------------------------------------------------------------------------
A proposed rule change filed under Rule 19b-4(f)(6) \8\ normally
does not become operative for 30 days after the date of filing.
However, pursuant to Rule 19b-4(f)(6)(iii) \9\ the Commission may
designate a shorter time if such action is consistent with the
protection of investors and the public interest.
---------------------------------------------------------------------------
\8\ 17 CFR 240.19b-4(f)(6).
\9\ 17 CFR 240.19b-4(f)(6)(iii).
---------------------------------------------------------------------------
The Exchange has asked the Commission to waive the 30-day operative
delay so that the proposal may become operative immediately upon
filing. The Commission believes that waiving the 30-day operative delay
is consistent with the protection of investors and the public interest
as it will allow the Exchange to accurately reflect the new ownership
structure and ticker symbol for Alphabet Class A shares and to continue
to list and trade mini options on Alphabet's Class A shares, formerly
Google Class A shares. For these reasons, the Commission designates the
proposed rule change to be operative upon filing.\10\
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\10\ For purposes only of waiving the 30-day operative delay,
the Commission has also considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
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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
[[Page 77688]]
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-EDGX-2015-60 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-EDGX-2015-60. 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-EDGX-2015-60, and should be
submitted on or before January 5, 2016.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-31438 Filed 12-14-15; 8:45 am]
BILLING CODE 8011-01-P