Sunshine Act Meeting, 12541 [2016-05330]
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Federal Register / Vol. 81, No. 46 / Wednesday, March 9, 2016 / Notices
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, March 10, 2016 at 2:00
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 Stein, 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;
Resolution of litigation claims; 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: March 3, 2016.
Brent J. Fields,
Secretary.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Lhorne on DSK5TPTVN1PROD with NOTICES
[Release No. 34–77286; File No. SR–Phlx–
2016–31]
Self-Regulatory Organizations;
NASDAQ OMX PHLX LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend
Access Services Fees Under Chapter
VIII of the Pricing Schedule
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
VerDate Sep<11>2014
15:08 Mar 08, 2016
Jkt 238001
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend the
Exchange’s Access Services fees under
Chapter VIII of the Exchange’s Pricing
Schedule to: (i) Assess a $25/port/
month Disaster Recovery Port fee for
Disaster Recovery Ports used with FIX
Trading Ports, OUCH, RASH, and DROP
ports; and (ii) assess a $100/port/month
fee for Trading Ports used in Test Mode.
The text of the proposed rule
change is available on the Exchange’s
Web site at https://
nasdaqomxphlx.cchwallstreet.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 aspects of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
[FR Doc. 2016–05330 Filed 3–7–16; 11:15 am]
March 3, 2016.
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on February
23, 2016, NASDAQ OMX PHLX LLC
(‘‘Exchange’’) 3 filed with the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘Commission’’) the 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. Purpose
The purpose of the proposed rule
change is to amend the Exchange’s
Access Services fees under Chapter VIII
of the Exchange’s Pricing Schedule to:
(i) Assess a $25/port/month Disaster
Recovery Port fee for Disaster Recovery
Ports used with FIX Trading Ports,
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 The Exchange notes that it has legally changed
its name to NASDAQ PHLX LLC with the state of
Delaware, and is in the process of amending its
Form 1 and changing its rules to reflect the new
name.
2 17
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
12541
OUCH, RASH, and DROP ports; and (ii)
assess a $100/port/month fee for
Trading Ports used in Test Mode.
First Change
The Exchange is in the process of
transitioning its Disaster Recovery
(‘‘DR’’) functionality for the U.S.
equities and options markets from
Ashburn, VA to its new Chicago, IL data
center. The Exchange has invested and
installed new equipment in the Chicago
data center for client connectivity and
for the infrastructure of Exchange
systems. The Exchange chose Chicago as
the location of its new DR data center
as many other exchanges are using this
same location for a disaster recovery or
a primary location and, as a result,
many of our market participants have a
presence or connection at this location,
thus making it easier and less expensive
for many market participants to connect
to the Exchange for DR.
Under Chapter VIII of the Exchange’s
Pricing Schedule, member firms may
subscribe to DR ports, which provide
backup connectivity in the event of a
failure or disaster rendering their
primary connectivity at Carteret, NJ
subscribed to under Chapter VIII of the
Exchange’s Pricing Schedule
unavailable. To date, the Exchange has
transitioned FIX Trading Ports, OUCH,
RASH, and DROP Ports to the Chicago
center from Ashburn. Currently, the
Exchange does not assess a fee for any
DR ports.
The Exchange has incurred an initial
cost associated with moving DR ports to
the Chicago center, including the
purchase of upgraded hardware and
physical space to house the DR ports,
which is more expensive than the
Ashburn location. The Exchange also
incurs ongoing costs in maintaining the
DR ports, including costs incurred
maintaining servers and their physical
location, monitoring order activity, and
other support, which is collectively
more expensive in Chicago than
Ashburn. Accordingly, the Exchange is
proposing to assess a fee of $25 per port,
per month for DR Ports used with FIX
Trading Ports, OUCH, RASH, and DROP
Ports.
Second Change
Under Chapter VIII of the Exchange’s
Pricing Schedule, Member firms may
subscribe to Trading Ports used in Test
Mode, which are trading ports available
in primary market location in Carteret,
NJ, that are exclusively used for testing
purposes, at no cost. These ports may
not be used for trading in securities in
the System, but rather allow a member
firm to test their systems prior to
connecting to the live trading
E:\FR\FM\09MRN1.SGM
09MRN1
]]>Agencies
[Federal Register Volume 81, Number 46 (Wednesday, March 9, 2016)]
[Notices]
[Page 12541]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-05330]
[[Page 12541]]
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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, March
10, 2016 at 2:00 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 Stein, 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;
Resolution of litigation claims; 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: March 3, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-05330 Filed 3-7-16; 11:15 am]
BILLING CODE 8011-01-P
