Sunshine Act Meeting, 38751 [2016-14080]
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Federal Register / Vol. 81, No. 114 / Tuesday, June 14, 2016 / Notices
primary listing market that previously
listed that security.45 For a new listing
that does not have any last-sale eligible
trades on the Exchange on its first
trading day, the Official Closing Price
would be based on a derived last sale
associated with the price of such
security before it begins trading.46 Each
Exchange states that its Amendment No.
1 is intended to provide increased
transparency in the Exchange’s rules as
to how the Exchange would determine
the Official Closing Price for such new
or transferred listings.47
Because each Amendment No. 1
responded to the comments received on
the original proposal, and provided
additional transparency to the operation
of the closing contingency procedures
for transferred and newly listed
securities, the Commission finds good
cause for approving the proposed rule
changes, as modified by the respective
Amendments No. 1, on an accelerated
basis, pursuant to section 19(b)(2) of the
Act.48
VII. Conclusion
It is therefore ordered, pursuant to
section 19(b)(2) of the Act,49 that the
proposed rule changes (SR–NYSE–
2016–18 and SR–NYSEMKT–2016–31),
as modified by their respective
Amendments No. 1, be, and hereby are,
approved on an accelerated basis.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.50
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016–13964 Filed 6–13–16; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
srobinson on DSK5SPTVN1PROD with NOTICES
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, June 16, 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
45 See
Amendments No. 1.
46 See id.
47 See id.
48 15 U.S.C. 78s(b)(2).
49 15 U.S.C. 78s(b)(2).
50 17 CFR 200.30–3(a)(12).
VerDate Sep<11>2014
19:36 Jun 13, 2016
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.
Chair White, 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;
Adjudicatory matters;
Opinion; 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 Brent J. Fields from the Office of
the Secretary at (202) 551–5400.
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
Brent J. Fields,
Secretary.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
[FR Doc. 2016–14080 Filed 6–10–16; 11:15 am]
BILLING CODE 8011–01–P
The Exchange is filing a proposal to
adopt Exchange Rule 519C, Mass
Cancellation of Trading Interest.
The text of the proposed rule change
is available on the Exchange’s Web site
at https://www.miaxoptions.com/filter/
wotitle/rule_filing, at MIAX’s principal
office, 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.
1. Purpose
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–78023; File No. SR–MIAX–
2016–14]
Self-Regulatory Organizations; Miami
International Securities Exchange LLC;
Notice of Filing and Immediate
Effectiveness of a Proposed Rule
Change To Adopt Exchange Rule
519C, Mass Cancellation of Trading
Interest
June 8, 2016.
Pursuant to the provisions of 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 May 27, 2016, Miami International
Securities Exchange LLC (‘‘MIAX’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’) a 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 15
2 17
Jkt 238001
38751
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00096
Fmt 4703
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The Exchange proposes to adopt new
Rule 519C, Mass Cancellation of
Trading Interest, to codify the
Exchange’s current practice of
cancelling quotes and/or orders upon
the receipt of a verbal or an electronic
request from a Member.3
Proposed Rule 519C would codify the
current process by which Members may
call or send an electronic message to the
Exchange’s designated staff and to direct
them to cancel all quotations and/or
orders they have in the System.4 All of
the directing Member’s quotations then
in the System will be cancelled; a
Member may submit a request to cancel
all or any subset of its orders in the
System.
Currently, Exchange Members may
cancel all quotations and/or open orders
in the System electronically or, in the
alternative, may request Exchange staff
to do so verbally by phone or via
electronic message. The proposed rule
would codify the current process of
3 The term ‘‘Member’’ means an individual or
organization approved to exercise trading rights
associated with a Trading Permit. Members are
deemed ‘‘members’’ under the Act. See Exchange
Rule 100.
4 The term ‘‘System’’ means the automated
trading system used by the Exchange for the trading
of securities. See Exchange Rule 100.
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[Federal Register Volume 81, Number 114 (Tuesday, June 14, 2016)]
[Notices]
[Page 38751]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-14080]
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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, June
16, 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.
Chair White, 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;
Adjudicatory matters;
Opinion; 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 Brent J. Fields from
the Office of the Secretary at (202) 551-5400.
Brent J. Fields,
Secretary.
[FR Doc. 2016-14080 Filed 6-10-16; 11:15 am]
BILLING CODE 8011-01-P
