Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the Plan To Address Extraordinary Market Volatility To Add the Investors Exchange LLC as a Participant, 60397-60398 [2016-21024]
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Federal Register / Vol. 81, No. 170 / Thursday, September 1, 2016 / Notices
Filing Dates: The application was
filed on July 26, 2016, and amended on
August 4, 2016 and August 19, 2016.
Applicant’s Address: 200 Park
Avenue, New York, New York 10166.
Philadelphia Investment Partners New
Generation Fund [File No. 811–22395]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On March 30,
2016, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $750
incurred in connection with the
liquidation were paid by applicant’s
investment adviser.
Filing Date: The application was filed
on August 5, 2016.
Applicant’s Address: 1233
Haddonfield—Berlin Road, Suite #7,
Voorhees, New Jersey 08043.
Bluepoint Investment Series Trust [File
No. 811–22723]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On August 5,
2016, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $4,500
incurred in connection with the
liquidation were paid by applicant.
Filing Date: The application was filed
on August 5, 2016.
Applicant’s Address: 350 Madison
Avenue, 9th Floor, New York, NY
10017.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Brent J. Fields,
Secretary.
[FR Doc. 2016–21026 Filed 8–31–16; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–78703; File No. 4–631]
Joint Industry Plan; Notice of Filing
and Immediate Effectiveness of
Amendment to the Plan To Address
Extraordinary Market Volatility To Add
the Investors Exchange LLC as a
Participant
asabaliauskas on DSK3SPTVN1PROD with NOTICES
August 26, 2016.
Pursuant to Section 11A(a)(3) of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) 1 and Rule 608
thereunder,2 notice is hereby given that
on August 11, 2016 Investors Exchange
LLC (‘‘IEX’’ or ‘‘Exchange’’) filed with
the Securities and Exchange
1 15
2 17
U.S.C. 78k–1(a)(3).
CFR 242.608.
VerDate Sep<11>2014
17:14 Aug 31, 2016
Jkt 238001
Commission (‘‘Commission’’) 3 an
amendment to the Plan to Address
Extraordinary Market Volatility
(‘‘Plan’’).4 The amendment adds IEX as
a Participant 5 to the Plan. The
Commission is publishing this notice to
solicit comments on the amendment
from interested persons.
I. Description and Purpose of the Plan
Amendment
As noted above, the sole proposed
amendment to the Plan is to add the
Exchange as a Participant. On June 17,
2016, the Commission issued an order
granting IEX’s application for
registration as a national securities
exchange.6 A condition of the
Commission’s approval was the
requirement for IEX to join the Plan.
Under Section II(C) of the Plan, any
entity registered as a national securities
exchange or national securities
association under the Exchange Act may
become a Participant by: (1) Executing
a copy of the Plan, as then in effect; (2)
providing each then-current Participant
with a copy of such executed Plan; and
(3) effecting an amendment to the Plan
as specified in Section III(B) of the Plan.
Section III(B) of the Plan sets forth the
process for a prospective new
Participant to effect an amendment of
the Plan. Specifically, the Plan provides
that such an amendment to the Plan
may be effected by the new national
securities exchange or national
securities association by executing a
copy of the Plan as then in effect (with
the only change being the addition of
the new Participant’s name in Section
II(A) of the Plan); and submitting such
executed Plan to the Commission. The
amendment will be effective when it is
approved by the Commission in
accordance with Rule 608 of Regulation
NMS, or otherwise becomes effective
pursuant to Rule 608 of Regulation
NMS.
IEX has executed a copy of the Plan
currently in effect, with the only change
being the addition of its name in Section
II(A) of the Plan, and has provided a
3 See Letter from Claudia Crowley, Chief
Regulatory Officer, Investors Exchange LLC, to
Brent J. Fields, Secretary, Securities and Exchange
Commission, dated August 11, 2016.
4 On May 6, 2015, the Commission issued an
order approving the Plan on a one-year Pilot basis
(the ‘‘Approval Order’’). See Securities Exchange
Act Release No. 67091 (May 31, 2012), 77 FR 33498
(June 6, 2012). The Plan was subsequently amended
several times to extend the pilot period, among
other things, with the current Plan set to expire on
April 21, 2017. See Securities Exchange Act Release
No. 77679 (April 21, 2016), 81 FR 24908 (April 27,
2016) (order approving tenth amendment to Plan).
5 The term ‘‘Participant’’ is defined as a party to
the Plan.
6 See Securities Exchange Act Release No. 78101
(June 17, 2016), 81 FR 41141 (June 23, 2016).
PO 00000
Frm 00060
Fmt 4703
Sfmt 4703
60397
copy of the Plan executed by IEX to
each of the other Participants. IEX has
also submitted the executed Plan to the
Commission. Accordingly, all of the
Plan requirements for effecting an
amendment to the Plan to add IEX as a
Participant have been satisfied.
II. Effectiveness of the Proposed Plan
Amendment
The foregoing Plan amendment has
become effective pursuant to Rule
608(b)(3)(iii) of the Exchange Act 7
because it involves solely technical or
ministerial matters. At any time within
sixty days of the filing of this
amendment, the Commission may
summarily abrogate the amendment and
require that it be refiled pursuant to
paragraph (a)(1) of Rule 608,8 if it
appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or the maintenance of fair and
orderly markets, to remove impediments
to, and perfect the mechanisms of, a
national market system or otherwise in
furtherance of the purposes of the
Exchange Act.
III. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the amendment is
consistent with the Exchange 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 4–
631 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Brent J. Fields, Secretary, Securities
and Exchange Commission, 100 F Street
NE., Washington, DC 20549–1090.
All submissions should refer to File
Number 4–631.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
plan amendment that are filed with the
Commission, and all written
7 17
8 17
E:\FR\FM\01SEN1.SGM
CFR 242.608(b)(3)(iii).
CFR 242.608(a)(1).
01SEN1
60398
Federal Register / Vol. 81, No. 170 / Thursday, September 1, 2016 / Notices
communications relating to the
amendment between the 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 such filing also will
be available for inspection and copying
at the principal office of IEX. 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 4–631 and should be submitted
on or before September 22, 2016.
By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2016–21024 Filed 8–31–16; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–78704; File No. 4–518]
Joint Industry Plan; Notice of Filing
and Immediate Effectiveness of
Amendment to the Plan Establishing
Procedures Under Rule 605 of
Regulation NMS To Add the Investors
Exchange LLC as a Participant
August 26, 2016.
Pursuant to Section 11A(a)(3) of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) 1 and Rule 608
thereunder,2 notice is hereby given that
on August 11, 2016, Investors Exchange
LLC (‘‘IEX’’ or ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’) 3 an
amendment to the national market
system plan establishing procedures
under Rule 605 of Regulation NMS
(‘‘Plan’’).4 The amendment adds IEX as
1 15
U.S.C 78k–1(a)(3).
CFR 242.608.
3 See Letter from Claudia Crowley, Chief
Regulatory Officer, Investors Exchange LLC, to
Brent J. Fields, Secretary, Commission, dated
August 11, 2016.
4 17 CFR 242.605. On April 12, 2001, the
Commission approved a national market system
plan for the purpose of establishing procedures for
market centers to follow in making their monthly
reports available to the public under Rule 11Ac1–
5 under the Exchange Act (n/k/a Rule 605 of
Regulation NMS). See Securities Exchange Act
Release No. 44177 (April 12, 2001), 66 FR 19814
(April 17, 2001).
asabaliauskas on DSK3SPTVN1PROD with NOTICES
2 17
VerDate Sep<11>2014
17:14 Aug 31, 2016
Jkt 238001
a Participant 5 to the Plan. The
Commission is publishing this notice to
solicit comments on the amendment
from interested persons.
I. Description and Purpose of the Plan
Amendment
As noted above, the sole proposed
amendment to the Plan is to add the
Exchange as a Participant. On June 17,
2016, the Commission issued an order
granting IEX’s application for
registration as a national securities
exchange.6 A condition of the
Commission’s approval was the
requirement for IEX to join the Plan.
Under Section II(c) of the Plan, any
entity registered as a national securities
exchange or national securities
association under the Exchange Act may
become a Participant by: (i) Executing a
copy of the Plan, as then in effect; (ii)
providing each then-current Participant
with a copy of such executed Plan; and
(iii) effecting an amendment to the Plan
as specified in Section III(b) of the Plan.
Section III(b) of the Plan sets forth the
process for a prospective new
Participant to effect an amendment of
the Plan. Specifically, the Plan provides
that such an amendment to the Plan
may be effected by the new national
securities exchange or national
securities association by executing a
copy of the Plan, as then in effect (with
the only changes being the addition of
the new Participant’s name in Section
II(a) of the Plan and the new
Participant’s single-digit code in Section
VI(a)(1) of the Plan) and submitting such
executed Plan to the Commission. The
amendment will be effective when it is
approved by the Commission in
accordance with Rule 608 of Regulation
NMS, or otherwise becomes effective
pursuant to Rule 608 of Regulation
NMS.
IEX has executed a copy of the Plan
currently in effect, with the only
changes being the addition of its name
in Section II(a) of the Plan and adding
its single-digit code in Section VI(a)(1)
of the Plan, and has provided a copy of
the Plan executed by IEX to each of the
other Participants. IEX has also
submitted the executed Plan to the
Commission. Accordingly, all of the
Plan requirements for effecting an
amendment to the Plan to add IEX as a
Participant have been satisfied.
II. Effectiveness of the Proposed Plan
Amendment
The foregoing Plan amendment has
become effective pursuant to Rule
5 The term ‘‘Participant’’ is defined as a party to
the Plan.
6 See Securities Exchange Act Release No. 78101
(June 17, 2016), 81 FR 41141 (June 23, 2016).
PO 00000
Frm 00061
Fmt 4703
Sfmt 4703
608(b)(3)(iii) of the Exchange Act 7
because it involves solely technical or
ministerial matters. At any time within
sixty days of the filing of this
amendment, the Commission may
summarily abrogate the amendment and
require that it be refiled pursuant to
paragraph (a)(1) of Rule 608,8 if it
appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or the maintenance of fair and
orderly markets, to remove impediments
to, and perfect the mechanisms of, a
national market system or otherwise in
furtherance of the purposes of the
Exchange Act.
III. Solicitation of Comments
Interested persons are invited to
submit written data, views and
arguments concerning the foregoing,
including whether the amendment is
consistent with the Exchange 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 4–
518 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Brent J. Fields, Secretary, Securities
and Exchange Commission, 100 F Street
NE., Washington, DC 20549–1090.
All submissions should refer to File
Number 4–518. 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
plan amendment that are filed with the
Commission, and all written
communications relating to the
amendment between the 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 such filing also will
7 17
8 17
E:\FR\FM\01SEN1.SGM
CFR 242.608(b)(3)(iii).
CFR 242.608(a)(1).
01SEN1
]]>Agencies
[Federal Register Volume 81, Number 170 (Thursday, September 1, 2016)]
[Notices]
[Pages 60397-60398]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21024]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-78703; File No. 4-631]
Joint Industry Plan; Notice of Filing and Immediate Effectiveness
of Amendment to the Plan To Address Extraordinary Market Volatility To
Add the Investors Exchange LLC as a Participant
August 26, 2016.
Pursuant to Section 11A(a)(3) of the Securities Exchange Act of
1934 (``Exchange Act'') \1\ and Rule 608 thereunder,\2\ notice is
hereby given that on August 11, 2016 Investors Exchange LLC (``IEX'' or
``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') \3\ an amendment to the Plan to Address Extraordinary
Market Volatility (``Plan'').\4\ The amendment adds IEX as a
Participant \5\ to the Plan. The Commission is publishing this notice
to solicit comments on the amendment from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78k-1(a)(3).
\2\ 17 CFR 242.608.
\3\ See Letter from Claudia Crowley, Chief Regulatory Officer,
Investors Exchange LLC, to Brent J. Fields, Secretary, Securities
and Exchange Commission, dated August 11, 2016.
\4\ On May 6, 2015, the Commission issued an order approving the
Plan on a one-year Pilot basis (the ``Approval Order''). See
Securities Exchange Act Release No. 67091 (May 31, 2012), 77 FR
33498 (June 6, 2012). The Plan was subsequently amended several
times to extend the pilot period, among other things, with the
current Plan set to expire on April 21, 2017. See Securities
Exchange Act Release No. 77679 (April 21, 2016), 81 FR 24908 (April
27, 2016) (order approving tenth amendment to Plan).
\5\ The term ``Participant'' is defined as a party to the Plan.
---------------------------------------------------------------------------
I. Description and Purpose of the Plan Amendment
As noted above, the sole proposed amendment to the Plan is to add
the Exchange as a Participant. On June 17, 2016, the Commission issued
an order granting IEX's application for registration as a national
securities exchange.\6\ A condition of the Commission's approval was
the requirement for IEX to join the Plan.
---------------------------------------------------------------------------
\6\ See Securities Exchange Act Release No. 78101 (June 17,
2016), 81 FR 41141 (June 23, 2016).
---------------------------------------------------------------------------
Under Section II(C) of the Plan, any entity registered as a
national securities exchange or national securities association under
the Exchange Act may become a Participant by: (1) Executing a copy of
the Plan, as then in effect; (2) providing each then-current
Participant with a copy of such executed Plan; and (3) effecting an
amendment to the Plan as specified in Section III(B) of the Plan.
Section III(B) of the Plan sets forth the process for a prospective new
Participant to effect an amendment of the Plan. Specifically, the Plan
provides that such an amendment to the Plan may be effected by the new
national securities exchange or national securities association by
executing a copy of the Plan as then in effect (with the only change
being the addition of the new Participant's name in Section II(A) of
the Plan); and submitting such executed Plan to the Commission. The
amendment will be effective when it is approved by the Commission in
accordance with Rule 608 of Regulation NMS, or otherwise becomes
effective pursuant to Rule 608 of Regulation NMS.
IEX has executed a copy of the Plan currently in effect, with the
only change being the addition of its name in Section II(A) of the
Plan, and has provided a copy of the Plan executed by IEX to each of
the other Participants. IEX has also submitted the executed Plan to the
Commission. Accordingly, all of the Plan requirements for effecting an
amendment to the Plan to add IEX as a Participant have been satisfied.
II. Effectiveness of the Proposed Plan Amendment
The foregoing Plan amendment has become effective pursuant to Rule
608(b)(3)(iii) of the Exchange Act \7\ because it involves solely
technical or ministerial matters. At any time within sixty days of the
filing of this amendment, the Commission may summarily abrogate the
amendment and require that it be refiled pursuant to paragraph (a)(1)
of Rule 608,\8\ if it appears to the Commission that such action is
necessary or appropriate in the public interest, for the protection of
investors, or the maintenance of fair and orderly markets, to remove
impediments to, and perfect the mechanisms of, a national market system
or otherwise in furtherance of the purposes of the Exchange Act.
---------------------------------------------------------------------------
\7\ 17 CFR 242.608(b)(3)(iii).
\8\ 17 CFR 242.608(a)(1).
---------------------------------------------------------------------------
III. Solicitation of Comments
Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the amendment is
consistent with the Exchange 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 4-631 on the subject line.
Paper Comments
Send paper comments in triplicate to Brent J. Fields,
Secretary, Securities and Exchange Commission, 100 F Street NE.,
Washington, DC 20549-1090.
All submissions should refer to File Number 4-631.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 plan amendment that are filed
with the Commission, and all written
[[Page 60398]]
communications relating to the amendment between the 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 such filing
also will be available for inspection and copying at the principal
office of IEX. 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 4-631
and should be submitted on or before September 22, 2016.
By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2016-21024 Filed 8-31-16; 8:45 am]
BILLING CODE 8011-01-P
