Submission for OMB Review; Comment Request, 4352-4353 [2016-01394]
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Federal Register / Vol. 81, No. 16 / Tuesday, January 26, 2016 / Notices
which would benefit all market
participants by providing more trading
opportunities and tighter spreads, even
to those market participants that do not
participate in the ACE Program.
Additionally, the Exchange believes the
proposed changes to the ACE Program
are consistent with the Act because they
may attract greater volume and liquidity
to the Exchange, which would benefit
all market participants by providing
tighter quoting and better prices, all of
which perfects the mechanism for a free
and open market and national market
system.
For these reasons, the Exchange
believes that the proposal is consistent
with the Act.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
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In accordance with Section 6(b)(8) of
the Act,17 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 Exchange acknowledges that the
proposed changes relating to transaction
charges and/or credits, including the
Sliding Scale and ACE Program, may
increase both intermarket and
intramarket competition by incenting
participants to direct their orders to the
Exchange, which will enhance the
quality of quoting and may increase the
volume of contracts traded on the
Exchange. To the extent this purpose is
achieved, the Exchange believes the
proposed amendments are procompetitive and any resulting increase
in volume and liquidity to the Exchange
would benefit all of Exchange
participants through increased
opportunities to trade as well as
enhancing price discovery.
The Exchange notes that it operates in
a highly competitive market in which
market participants can readily favor
competing venues. In such an
environment, the Exchange must
continually review, and consider
adjusting, its fees and credits to remain
competitive with other exchanges. For
the reasons described above, the
Exchange believes that the proposed
rule change reflects this competitive
environment.
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 foregoing rule change is effective
upon filing pursuant to Section
19(b)(3)(A) 18 of the Act and
subparagraph (f)(2) of Rule 19b–4 19
thereunder, because it establishes a due,
fee, or other charge imposed by the
Exchange.
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) 20 of the Act to
determine whether the proposed rule
change 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–
NYSEMKT–2016–09 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–NYSEMKT–2016–09. 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
18 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
20 15 U.S.C. 78s(b)(2)(B).
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 the
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–
NYSEMKT–2016–09, and should be
submitted on or before February 16,
2016.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.21
Brent J. Fields,
Secretary.
[FR Doc. 2016–01391 Filed 1–25–16; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–330, OMB Control No.
3235–0645]
Submission for OMB Review;
Comment Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
Extension:
Interactive Data
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collection of information
discussed below.
The ‘‘Interactive Data’’ collection of
information requires issuers filing
registration statements under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) and reports under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) to submit specified financial
information to the Commission and post
it on their corporate Web sites, if any,
in interactive data format using
19 17
17 15
U.S.C. 78f(b)(8).
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CFR 200.30–3(a)(12).
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Federal Register / Vol. 81, No. 16 / Tuesday, January 26, 2016 / Notices
eXtensible Business Reporting Language
(XBRL). This collection of information
is located primarily in registration
statement and report exhibit provisions,
which require interactive data, and Rule
405 of Regulation S–T (17 CFR 232.405),
which specifies how to submit and post
interactive data. The exhibit provisions
are in Item 601(b)(101) of Regulation S–
K (17 CFR 229.601(b)(101)), Form F–10
under the Securities Act (17 CFR
239.40) and Forms 20–F, 40–F and 6–K
under the Exchange Act (17 CFR
249.220f, 17 CFR 249.240f and 17 CFR
249.306).
In interactive data format, financial
statement information could be
downloaded directly into spreedsheets
and analyzed in a variety of ways using
commercial off-the-shelf software. The
specified financial information already
is and will continue to be required to be
submitted to the Commission in
traditional format under existing
requirements. The purpose of the
interactive data requirement is to make
financial information easier for
investors to analyze and assist issuers in
automating regulatory filings and
business information processing. We
estimate that 8601 respondents per year
will each submit an average of 4.5
reponses per year for an estimated total
of 38,705 responses. We further estimate
an internal burden of 56 hours per
response for a total annual internal
burden of 2,167,480 hours (56 hours per
response × 38,705 responses).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid
control number.
The public may view the background
documentation for this information
collection at the following Web site,
www.reginfo.gov . Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
Ahmed@omb.eop.gov; and (ii) Pamela
Dyson, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC 20549
or send an email to: PRA_Mailbox@
sec.gov. Comments must be submitted to
OMB within 30 days of this notice.
Dated: January 20, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016–01394 Filed 1–25–16; 8:45 am]
BILLING CODE 8011–01–P
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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–76937; File No. SR–
NYSEArca–2016–09]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Amending the Fees for
NYSE Arca BBO and NYSE Arca
Trades
January 20, 2016.
Pursuant to section 19(b)(1) 1 of the
Securities Exchange Act of 1934
(‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on January
11, 2016, NYSE Arca, Inc. (‘‘Exchange’’
or ‘‘NYSE Arca’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’ or ‘‘SEC’’) the proposed
rule change as described in Items I, II,
and III 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 the
fees for NYSE Arca BBO and NYSE Arca
Trades to: (1) Establish a multiple data
feed fee; (2) discontinue fees relating to
managed non-display; (3) modify the
application of the access fee; and (4)
reduce the Enterprise Fee. 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.
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
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4353
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 the
fees for NYSE Arca BBO and NYSE Arca
Trades market data products,4 as set
forth on the NYSE Arca Equities
Proprietary Market Data Fee Schedule
(‘‘Fee Schedule’’). The Exchange
proposes to make the following fee
changes effective January 4 [sic],5 2016:
• Establish a multiple data feed fee;
• Discontinue fees relating to
managed non-display;
• Modify the application of the access
fee; and
• Reduce the Enterprise Fee.
Multiple Data Feed Fee 6
The Exchange proposes to establish a
new monthly fee, the ‘‘Multiple Data
Feed Fee,’’ that would apply to data
recipients that take a data feed for a
market data product in more than two
locations. Data recipients taking NYSE
Arca BBO or NYSE Arca Trades in more
than two locations would be charged
$200 per additional location per product
per month. No new reporting would be
required.7
Managed Non-Display Fees
Non-Display Use of NYSE Arca
market data means accessing,
processing, or consuming NYSE Arca
market data delivered via direct and/or
Redistributor 8 data feeds for a purpose
4 See Securities Exchange Act Release Nos. 62188
(May 27, 2010), 75 FR 31484 (June 3, 2010) (SR–
NYSEArca–2010–23); 69315 (April 5, 2013), 78 FR
21668 (April 11, 2013) (SR–NYSEArca–2013–37)
(‘‘2013 Non-Display Filing’’); 70213 (Aug. 15, 2013),
78 FR 51796 (Aug. 21, 2013) (SR–NYSEArca–2013–
81) (‘‘2013 Arca BBO and Trades Filing’’); 73011
(Sept. 5, 2014), 79 FR 54315 (Sept. 11, 2014) (SR–
NYSEARCA–2014–93) (‘‘2014 Non-Display Filing’’);
and 73998 (Jan. 6, 2015), 80 FR 1549 (Jan. 12, 2015)
(SR–NYSEArca–2014–148) (‘‘2015 NYSE Arca BBO
and Trades Filing’’).
5 The Commission notes that, as stated in the
Exhibit 5, the proposed fee changes were effective
as of January 11, 2016.
6 The text of footnote 5 in Exhibit 5 of this
proposed rule change was previously filed under a
separate filing. See SR–NYSEArca–2016–01
(Proposed Rule Change to Amend the Fees for
NYSE ArcaBook).
7 Data vendors currently report a unique Vendor
Account Number for each location at which they
provide a data feed to a data recipient. The
Exchange considers each Vendor Account Number
a location. For example, if a data recipient has five
Vendor Account Numbers, representing five
locations, for the receipt of the NYSE Arca BBO
product, that data recipient will pay the Multiple
Data Feed fee with respect to three of the five
locations.
8 ‘‘Redistributor’’ means a vendor or any other
person that provides an NYSE Arca data product to
a data recipient or to any system that a data
Continued
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26JAN1
Agencies
[Federal Register Volume 81, Number 16 (Tuesday, January 26, 2016)]
[Notices]
[Pages 4352-4353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-01394]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-330, OMB Control No. 3235-0645]
Submission for OMB Review; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC
20549-2736.
Extension:
Interactive Data
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget this request for extension of the previously approved
collection of information discussed below.
The ``Interactive Data'' collection of information requires issuers
filing registration statements under the Securities Act of 1933 (15
U.S.C. 77a et seq.) and reports under the Securities Exchange Act of
1934 (15 U.S.C. 78a et seq.) to submit specified financial information
to the Commission and post it on their corporate Web sites, if any, in
interactive data format using
[[Page 4353]]
eXtensible Business Reporting Language (XBRL). This collection of
information is located primarily in registration statement and report
exhibit provisions, which require interactive data, and Rule 405 of
Regulation S-T (17 CFR 232.405), which specifies how to submit and post
interactive data. The exhibit provisions are in Item 601(b)(101) of
Regulation S-K (17 CFR 229.601(b)(101)), Form F-10 under the Securities
Act (17 CFR 239.40) and Forms 20-F, 40-F and 6-K under the Exchange Act
(17 CFR 249.220f, 17 CFR 249.240f and 17 CFR 249.306).
In interactive data format, financial statement information could
be downloaded directly into spreedsheets and analyzed in a variety of
ways using commercial off-the-shelf software. The specified financial
information already is and will continue to be required to be submitted
to the Commission in traditional format under existing requirements.
The purpose of the interactive data requirement is to make financial
information easier for investors to analyze and assist issuers in
automating regulatory filings and business information processing. We
estimate that 8601 respondents per year will each submit an average of
4.5 reponses per year for an estimated total of 38,705 responses. We
further estimate an internal burden of 56 hours per response for a
total annual internal burden of 2,167,480 hours (56 hours per response
x 38,705 responses).
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
The public may view the background documentation for this
information collection at the following Web site, www.reginfo.gov .
Comments should be directed to: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10102, New Executive Office
Building, Washington, DC 20503, or by sending an email to:
Shagufta_Ahmed@omb.eop.gov; and (ii) Pamela Dyson, Director/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549 or send an email
to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30
days of this notice.
Dated: January 20, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-01394 Filed 1-25-16; 8:45 am]
BILLING CODE 8011-01-P