In the Matter of Yayi International, Inc.,; Order of Suspension of Trading, 80854 [2015-32704]
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80854
Federal Register / Vol. 80, No. 248 / Monday, December 28, 2015 / Notices
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
[Release No. 34–76711; File No. SR–EDGA–
2015–46]
In the Matter of Yayi International, Inc.,;
Order of Suspension of Trading
December 23, 2015.
It appears to the Securities and
Exchange Commission (‘‘Commission’’)
that there is a lack of current and
accurate information concerning the
securities of Yayi International, Inc.
(‘‘YYINE’’) 1 (CIK No. 789860), a void
Delaware corporation whose principal
place of business is listed as Zhongbei
Town, Xiqing District, Tianjin, China
because it is delinquent in its periodic
filings with the Commission, having not
filed any periodic reports since it filed
a Form 10–QSB for the period ended
December 31, 2011. On April 22, 2015,
the Commission’s Division of
Corporation Finance sent a delinquency
letter to YYINE at the address shown in
its then-most recent filing in the
Commission’s EDGAR system
requesting compliance with its periodic
filing requirements. To date, YYINE has
failed to cure its delinquencies. As of
December 15, 2015, the common stock
of YYINE was quoted on OTC Link
operated by OTC Markets Group, Inc.
(formerly ‘‘Pink Sheets’’) had seven
market makers and was eligible for the
‘‘piggyback’’ exception of Exchange Act
Rule 15c2–11(f)(3).
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 abovelisted company is suspended for the
period from 9:30 a.m. EST on December
23, 2015, through 11:59 p.m. EST on
January 7, 2016.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015–32704 Filed 12–23–15; 4:15 pm]
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BILLING CODE 8011–01–P
Self-Regulatory Organizations; EDGA
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change Related to Fees for Use
of EDGA Exchange, Inc.
December 21, 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 December
17, 2015, EDGA Exchange, Inc. (the
‘‘Exchange’’ or ‘‘EDGA’’) 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 the proposed rule change as
one establishing or changing a member
due, fee, or other charge imposed by the
Exchange under Section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. 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 to
amend the Market Data section of its fee
schedule to: (i) Adopt definitions for the
terms ‘‘Non-Display Usage’’ and
‘‘Trading Platforms’’; and (ii) amend the
fees for EDGA Depth, to increase the
Internal Distributor fee and adopt a new
fee for Non-Display Usage.
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
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2).
2 17
1 The short form of the issuer’s name is also its
ticker symbol.
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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 the
Market Data section of its fee schedule
to: (i) Adopt definitions for the terms
‘‘Non-Display Usage’’ and ‘‘Trading
Platforms’’; and (ii) amend the fees for
EDGA Depth to increase the Internal
Distributor fee and adopt a new fee for
Non-Display Usage.
Definitions
The Exchange proposes to adopt
definitions for the terms ‘‘Non-Display
Usage’’ and ‘‘Trading Platforms’’. The
proposed definitions are designed to
provide greater transparency with
regard to how the Exchange assesses
fees for market data. Non-Display Usage
would be defined as ‘‘any method of
accessing a Market Data product that
involves access or use by a machine or
automated device without access or use
of a display by a natural person or
persons.’’ 5 The term Trading Platform
would be defined as ‘‘any execution
platform operated as or by a registered
National Securities Exchange (as
defined in Section 3(a)(1) of the
Exchange Act), an Alternative Trading
System (as defined in Rule 300(a) of
Regulation ATS), or an Electronic
Communications Network (as defined in
Rule 600(b)(23) of Regulation NMS).’’ 6
EDGA Depth Fees
EDGA Depth is an uncompressed
market data feed that provides depth-ofbook quotations and execution
information based on equity orders
entered into the System.7
Internal Distributor Fee. Currently,
the Exchange charges fees for both
internal and external distribution of
EDGA Depth. The cost of EDGA Depth
for an Internal Distributor 8 is currently
5 The proposed definition of Non-Display Usage
is substantially similar to Nasdaq Stock Market LLC
(‘‘Nasdaq’’) Rule 7023(a)(2)(B), which defines NonDisplay Usage as ‘‘any method of accessing Depthof-Book data that involves access or use by a
machine or automated device without access or use
of a display by a natural person or persons.
6 The proposed definition of Trading Platform is
identical the definition of Trading Platform under
Nasdaq Rule 7023(a)(7).
7 See Exchange Rule 11.22(a) and (c).
8 An ‘‘Internal Distributor’’ is defined as ‘‘a
Distributor that receives the Exchange Market Data
product and then distributes that data to one or
more Users within the Distributor’s own entity.’’
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28DEN1
]]>Agencies
[Federal Register Volume 80, Number 248 (Monday, December 28, 2015)]
[Notices]
[Page 80854]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32704]
[[Page 80854]]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of Yayi International, Inc.,; Order of Suspension
of Trading
December 23, 2015.
It appears to the Securities and Exchange Commission
(``Commission'') that there is a lack of current and accurate
information concerning the securities of Yayi International, Inc.
(``YYINE'') \1\ (CIK No. 789860), a void Delaware corporation whose
principal place of business is listed as Zhongbei Town, Xiqing
District, Tianjin, China because it is delinquent in its periodic
filings with the Commission, having not filed any periodic reports
since it filed a Form 10-QSB for the period ended December 31, 2011. On
April 22, 2015, the Commission's Division of Corporation Finance sent a
delinquency letter to YYINE at the address shown in its then-most
recent filing in the Commission's EDGAR system requesting compliance
with its periodic filing requirements. To date, YYINE has failed to
cure its delinquencies. As of December 15, 2015, the common stock of
YYINE was quoted on OTC Link operated by OTC Markets Group, Inc.
(formerly ``Pink Sheets'') had seven market makers and was eligible for
the ``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3).
---------------------------------------------------------------------------
\1\ The short form of the issuer's name is also its ticker
symbol.
---------------------------------------------------------------------------
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 23, 2015, through 11:59 p.m.
EST on January 7, 2016.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-32704 Filed 12-23-15; 4:15 pm]
BILLING CODE 8011-01-P
