Justia Agencies And Commissions Securities And Exchange Commission Order of Suspension of Trading; In the Matter of Business Marketing Services, Inc., Diversified Corporate Resources, Inc., Great Lakes Recreation Co., Green Nature USA, Inc., Green St. Energy, Inc., International Total Services, Inc., J.P. Cabot Realty, Inc., Multicom Publishing, Pan American Resources, Inc., Printron, Inc., Seaboard Associates, Inc., Sona Mobile Holdings Group, Ltd., Standard Holdings Group, Ltd., TraceGuard Technologies, Inc., Tradings.net, Inc., US-Worldlink.com, Inc., Versadial, Inc., Voxcorp, Inc., and W3OTC, Inc., 21932-21933 [2016-08611]

Order of Suspension of Trading; In the Matter of Business Marketing Services, Inc., Diversified Corporate Resources, Inc., Great Lakes Recreation Co., Green Nature USA, Inc., Green St. Energy, Inc., International Total Services, Inc., J.P. Cabot Realty, Inc., Multicom Publishing, Pan American Resources, Inc., Printron, Inc., Seaboard Associates, Inc., Sona Mobile Holdings Group, Ltd., Standard Holdings Group, Ltd., TraceGuard Technologies, Inc., Tradings.net, Inc., US-Worldlink.com, Inc., Versadial, Inc., Voxcorp, Inc., and W3OTC, Inc., 21932-21933 [2016-08611]

Download as PDF 21932 Federal Register / Vol. 81, No. 71 / Wednesday, April 13, 2016 / Notices Rule 8.15B with respect to orders represented in open outcry.12 CBOE also proposes that the Exchange have the discretion to appoint an OnFloor LMM in any class in which an Off-Floor LMM has been appointed, and that any such On-Floor LMM would be eligible to receive a participation entitlement under current Rule 8.15B with respect to orders represented in open outcry.13 The Exchange also proposes to treat Off-Floor LMMs in a manner similar to the current treatment of Off-Floor DPMs with respect to their quoting requirement and appointments. CBOE also proposes to make changes to eliminate obsolete references, including those related to individual LMMs, SMMs, an expired pilot program, the former Linkage Plan, and strike price interval, bid/ask differential and quote continuity requirements. Further, CBOE proposes to make nonsubstantive or technical modifications to Rules 1.1(fff) and (ggg), 3.2, 6.1A, 6.2A, 6.45A, 6.45B, 6.74, 8.7, 8.13, 8.14, 8.15, 8.15A, 8.83, 8.85, 17.50, 22.14, 24.9, and 29.17, including amendments to correct typographical errors, update headings, update cross-references to Rules 8.15, 8.15A and 8.15B, make the rule text more plain English, and make the rule text more consistently organized, numbered and worded. asabaliauskas on DSK3SPTVN1PROD with NOTICES III. Discussion The Commission believes the proposed rule change is consistent with the Act and the rules and regulations thereunder applicable to the Exchange and, in particular, the requirements of Section 6(b) of the Act.14 Specifically, the Commission believes the proposed rule change is consistent with the Section 6(b)(5) 15 requirements that the rules of an exchange be 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 regulating, clearing, settling, processing information with respect to, and 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. In addition, the Commission believes the 12 The provisions in current Rule 8.15A related to the on-floor LMM program would apply to Hybrid 3.0 classes pursuant to proposed Rule 8.15. 13 See proposed Rule 8.15, Interpretation and Policy .01(c). This proposed change is consistent with the program for Off-Floor DPMs/On-Floor LMMs and would extend the applicability of the provision to Hybrid and Hybrid 3.0 classes that have Off-Floor LMMs (rather than Off-Floor DPMs). 14 15 U.S.C. 78f(b). 15 15 U.S.C. 78f(b)(5). VerDate Sep<11>2014 17:41 Apr 12, 2016 Jkt 238001 proposed rule change is consistent with the Section 6(b)(5) 16 requirement that the rules of an exchange not be designed to permit unfair discrimination between customers, issuers, brokers, or dealers. In particular, the Commission believes that the proposed rule changes to amend Rules 8.15, 8.15A and 8.85 to revise descriptions of obligations of LMMs in Hybrid 3.0 classes, LMMs in Hybrid classes, and DPMs, respectively, as well as to combine the LMM obligations into a single rule for all classes, should benefit investors by providing more uniformity to the Rules related to market participants with substantially similar functions that are subject to analogous obligations. In addition, the Commission believes that CBOE’s proposal to impose a continuous quoting obligation on LMMs in Hybrid 3.0 classes that mirrors the existing continuous quoting obligation in Hybrid classes should help facilitate transactions in securities in a manner that protects investors and the public interest. The CBOE’s proposal also slightly modifies the opening quoting obligations of LMMs and DPMs to include a specific time by which opening quotes must be entered. The Commission believes that the Exchange’s proposal to require an opening quotation within one minute rather than promptly should provide DPMs and LMMs with clearer guidance regarding the opening quote obligation, which should facilitate compliance by LMMs and DPMs with this obligation. The Commission notes the Exchange’s representation that nearly all series open for trading within this timeframe on a daily basis.17 Therefore, the Commission believes this time frame should not be unduly burdensome to LMMs and DPMs while still helping to ensure a timely opening. Further, the Commission believes the proposed revisions to the descriptions of the Off-Floor DPM and Off-/On-Floor LMM programs should clarify these programs, including with respect to appointments. Among other things, CBOE’s proposal extends to Hybrid 3.0 classes certain provisions currently applicable to Hybrid classes, including on-floor appointments, and clarifies the effect on an on-floor appointment when an off-floor appointment is reallocated. These changes further harmonize Hybrid 3.0 with Hybrid and codify into the CBOE rules important detail regarding on and off-floor appointments. Finally, the Commission believes that the CBOE’s proposal to eliminate obsolete provisions, including those related to individual LMMs, SMMs, an expired pilot program, the former Linkage Plan, as well as references to the non-applicability of strike price intervals, bid/ask differentials, and quote continuity requirements for LEAPs, should protect investors by eliminating potential confusion that may result from incorrect references in CBOE’s rules. With respect to strike price intervals, bid/ask differentials, and quote continuity requirements for LEAPs, the CBOE represents that other existing rules address those requirements 18 and, therefore, the proposed rule change should have no effect on the regulatory requirements applicable to CBOE market makers. The Commission notes that the nonsubstantive, technical changes proposed should help to reduce duplication, simplify and provide clarity in the Exchange’s rules, which should benefit all CBOE market participants. IV. Conclusion It is therefore ordered pursuant to Section 19(b)(2) of the Act 19 that the proposed rule change (SR–CBOE–2016– 009), be and hereby is approved. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.20 Robert W. Errett, Deputy Secretary. [FR Doc. 2016–08426 Filed 4–12–16; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] Order of Suspension of Trading; In the Matter of Business Marketing Services, Inc., Diversified Corporate Resources, Inc., Great Lakes Recreation Co., Green Nature USA, Inc., Green St. Energy, Inc., International Total Services, Inc., J.P. Cabot Realty, Inc., Multicom Publishing, Pan American Resources, Inc., Printron, Inc., Seaboard Associates, Inc., Sona Mobile Holdings Group, Ltd., Standard Holdings Group, Ltd., TraceGuard Technologies, Inc., Tradings.net, Inc., US-Worldlink.com, Inc., Versadial, Inc., Voxcorp, Inc., and W3OTC, Inc. April 11, 2016. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information 18 See 16 Id. 17 See PO 00000 Notice, supra note 3, at 9917. 78s(b)(2). 20 17 CFR 200.30–3(a)(12). 19 15.U.S.C. Notice, supra note 3, at 9913. Frm 00097 Fmt 4703 Sfmt 4703 E:\FR\FM\13APN1.SGM 13APN1 Federal Register / Vol. 81, No. 71 / Wednesday, April 13, 2016 / Notices concerning the securities of each of the issuers detailed below because questions have arisen as to their operating status, if any. Each of the issuers below is quoted on OTC Link operated by OTC Markets Group, Inc. OTC Markets Group, Inc., however, has been unable to contact each of these issuers for more than one year. In addition, the staff of the Securities and Exchange Commission has independently endeavored to determine whether any of the issuers below are operating. Each of the issuers below either confirmed that they were no longer operating or were now private companies, failed to respond to the Commission’s inquiry about their operating status, did not have an operational address, or failed to provide 21933 their registered agent with an operational address. The staff of the Securities and Exchange Commission also determined that none of the issuers below has filed any information with OTC Markets Group, Inc. or the Securities and Exchange Commission for the past year. Issuer Ticker Information regarding operating status * 1. Business Marketing Services, Inc ............................................................................................................................. 2. Diversified Corporate Resources, Inc ....................................................................................................................... 3. Great Lakes Recreation Co ...................................................................................................................................... 4. Green Nature USA, Inc ............................................................................................................................................. 5. Green St. Energy, Inc ............................................................................................................................................... 6. International Total Services, Inc ............................................................................................................................... 7. J.P. Cabot Realty, Inc ............................................................................................................................................... 8. Multicom Publishing .................................................................................................................................................. 9. Pan American Resources, Inc .................................................................................................................................. 10. Printron, Inc ............................................................................................................................................................. 11. Seaboard Associates, Inc ....................................................................................................................................... 12. Sona Mobile Holdings Group, Ltd ........................................................................................................................... 13. Standard Holdings Group, Ltd ................................................................................................................................ 14. TraceGuard Technologies, Inc ................................................................................................................................ 15. Tradings.net, Inc ..................................................................................................................................................... 16. US-Worldlink.com, Inc ............................................................................................................................................. 17. Versadial, Inc .......................................................................................................................................................... 18. Voxcorp, Inc ............................................................................................................................................................ 19. W3OTC, Inc ............................................................................................................................................................ BMSV HIRD GLRC GRTU GSTY ITSW JPCB MNET PNAR PRNI SAOA SNMBQ SNDH TCGD TDNC USWL VSDL VOXR WOTC 1 1 1 1 1 2 1 1 1 1 1 1 2 1 1 1 1 1 1 * Below are explanations for each of the codes used in the above table: 1=The Securities and Exchange Commission attempted to contact the issuer and either the Commission did not receive a response to its letter, the letters were returned as undeliverable, or the registered agent responded that they had no forwarding address for the issuer. 2=The Securities and Exchange Commission was able to contact the issuer, which informed the Commission that either the issuer was no longer operating or was now a private company. 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 companies. 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 companies is suspended for the period from 9:30 a.m. EDT on April 11, 2016, through 11:59 p.m. EDT on April 22, 2016. By the Commission. Jill M. Peterson, Assistant Secretary. [Release No. 34–77556; File No. SR–ISE Mercury–2016–08] Self-Regulatory Organizations; ISE Mercury; Notice of Filing of Proposed Rule Change To Limit Mandatory Participation in Scheduled Functional and Performance Testing Under Regulation SCI to Only Those Primary Market Makers That Meet Specified Criteria April 7, 2016. [FR Doc. 2016–08611 Filed 4–11–16; 4:15 pm] BILLING CODE 8011–01–P asabaliauskas on DSK3SPTVN1PROD with NOTICES SECURITIES AND EXCHANGE COMMISSION 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 March 31, 2016, ISE Mercury, LLC (the ‘‘Exchange’’ or ‘‘ISE Mercury’’) filed with the Securities and Exchange Commission 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 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 17:41 Apr 12, 2016 Jkt 238001 PO 00000 Frm 00098 Fmt 4703 I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend Rule 803, Obligations of Market Makers, to limit mandatory participation in scheduled functional and performance testing, under Regulation Systems Compliance and Integrity (‘‘Regulation SCI’’),3 to those Primary Market Makers (‘‘PMMs’’) that contribute a meaningful percentage of the Exchange’s overall volume, measured on a quarterly or monthly basis. The Exchange proposes to also consider other factors in determining the PMMs that will be required to participate in scheduled functional and performance testing of the Exchange’s business continuity and disaster recovery plans (collectively ‘‘DR Plans’’), including average daily volume traded on the Exchange measured on a quarterly or monthly basis, or PMMs that collectively account 3 See Securities Exchange Act Release No. 73639 (November 19, 2014), 79 FR 72252 (December 5, 2014) (‘‘SCI Adopting Release’’). 1 15 VerDate Sep<11>2014 solicit comments on the proposed rule change from interested persons. Sfmt 4703 E:\FR\FM\13APN1.SGM 13APN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 81, Number 71 (Wednesday, April 13, 2016)]
[Notices]
[Pages 21932-21933]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-08611]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]

Order of Suspension of Trading; In the Matter of Business
Marketing Services, Inc., Diversified Corporate Resources, Inc., Great
Lakes Recreation Co., Green Nature USA, Inc., Green St. Energy, Inc.,
International Total Services, Inc., J.P. Cabot Realty, Inc., Multicom
Publishing, Pan American Resources, Inc., Printron, Inc., Seaboard
Associates, Inc., Sona Mobile Holdings Group, Ltd., Standard Holdings
Group, Ltd., TraceGuard Technologies, Inc., Tradings.net, Inc., US-Worldlink.com, Inc., Versadial, Inc., Voxcorp, Inc., and W3OTC, Inc.

April 11, 2016.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information

[[Page 21933]]

concerning the securities of each of the issuers detailed below because
questions have arisen as to their operating status, if any. Each of the
issuers below is quoted on OTC Link operated by OTC Markets Group, Inc.
OTC Markets Group, Inc., however, has been unable to contact each of
these issuers for more than one year. In addition, the staff of the
Securities and Exchange Commission has independently endeavored to
determine whether any of the issuers below are operating. Each of the
issuers below either confirmed that they were no longer operating or
were now private companies, failed to respond to the Commission's
inquiry about their operating status, did not have an operational
address, or failed to provide their registered agent with an
operational address. The staff of the Securities and Exchange
Commission also determined that none of the issuers below has filed any
information with OTC Markets Group, Inc. or the Securities and Exchange
Commission for the past year.

------------------------------------------------------------------------
Information
regarding
Issuer Ticker operating status
*
------------------------------------------------------------------------
1. Business Marketing Services, Inc. BMSV 1
2. Diversified Corporate Resources, HIRD 1
Inc.
3. Great Lakes Recreation Co........ GLRC 1
4. Green Nature USA, Inc............ GRTU 1
5. Green St. Energy, Inc............ GSTY 1
6. International Total Services, Inc ITSW 2
7. J.P. Cabot Realty, Inc........... JPCB 1
8. Multicom Publishing.............. MNET 1
9. Pan American Resources, Inc...... PNAR 1
10. Printron, Inc................... PRNI 1
11. Seaboard Associates, Inc........ SAOA 1
12. Sona Mobile Holdings Group, Ltd. SNMBQ 1
13. Standard Holdings Group, Ltd.... SNDH 2
14. TraceGuard Technologies, Inc.... TCGD 1
15. Tradings.net, Inc............... TDNC 1
16. US-Worldlink.com, Inc........... USWL 1
17. Versadial, Inc.................. VSDL 1
18. Voxcorp, Inc.................... VOXR 1
19. W3OTC, Inc...................... WOTC 1
------------------------------------------------------------------------
* Below are explanations for each of the codes used in the above table:
1=The Securities and Exchange Commission attempted to contact the issuer
and either the Commission did not receive a response to its letter,
the letters were returned as undeliverable, or the registered agent
responded that they had no forwarding address for the issuer.
2=The Securities and Exchange Commission was able to contact the issuer,
which informed the Commission that either the issuer was no longer
operating or was now a private company.

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 companies.
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 companies is suspended for the period from 9:30 a.m. EDT
on April 11, 2016, through 11:59 p.m. EDT on April 22, 2016.

By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2016-08611 Filed 4-11-16; 4:15 pm]
BILLING CODE 8011-01-P

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