Sunshine Act Meeting, 75456 [2016-26304]

Download as PDF 75456 Federal Register / Vol. 81, No. 210 / Monday, October 31, 2016 / Notices October 9, 1996, revised the formula for indexing maximum daily benefit rates. Under the prescribed formula, the maximum daily benefit rate increases by approximately two-thirds of the cumulative growth in average national wages since 1984. The maximum daily benefit rate for registration periods beginning after June 30, 2017, shall be equal to 5 percent of the monthly compensation base for the base year immediately preceding the beginning of the benefit year. Section 2(a)(3) further provides that if the amount so computed is not a multiple of $1, it shall be rounded down to the nearest multiple of $1. The calendar year 2016 monthly compensation base is $1,455. Multiplying $1,455 by 0.05 yields $72.75. Accordingly, the maximum daily benefit rate for days of unemployment and days of sickness beginning in registration periods after June 30, 2017, is determined to be $72. Dated: October 26, 2016. By Authority of the Board. Martha P. Rico, Secretary to the Board. [FR Doc. 2016–26167 Filed 10–28–16; 8:45 am] BILLING CODE 7905–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: [81 FR 73459, October 25, 2016]. STATUS: PLACE: Open Meeting. 100 F Street NE., Washington, DC. DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: Wednesday, October 26, 2016 10:00 a.m. Time Change. The Open Meeting scheduled for Wednesday, October 26, 2016 at 10:00 a.m., has been changed to Wednesday, October 26, 2016 at 11:00 a.m. 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. sradovich on DSK3GMQ082PROD with NOTICES CHANGE IN THE MEETING: Dated: October 26, 2016. Brent J. Fields, Secretary. [Release No. 34–79148; File No. SR– BatsBYX–2016–27] A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change Self-Regulatory Organizations; Bats BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend BYX Rule 11.13, Order Execution and Routing October 25, 2016. 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 October 12, 2016, Bats BYX Exchange, Inc. (the ‘‘Exchange’’ or ‘‘BYX’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the Exchange. The Exchange has designated this proposal as a ‘‘non-controversial’’ proposed rule change pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b–4(f)(6)(iii) thereunder,4 which renders it effective upon filing with the Commission. 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 the Substance of the Proposed Rule Change The Exchange filed a proposal to amend Exchange Rule 11.13(b)(1) to describe when an order marked as ‘‘short’’ may be eligible for routing when a short sale price test restriction is in effect. The text of the proposed rule change is available at the Exchange’s Web site at www.batstrading.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 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A). 4 17 CFR 240.19b–4(f)(6)(iii). 2 17 BILLING CODE 8011–01–P 17:53 Oct 28, 2016 the most significant parts of such statements. 1 15 [FR Doc. 2016–26304 Filed 10–27–16; 11:15 am] VerDate Sep<11>2014 SECURITIES AND EXCHANGE COMMISSION Jkt 241001 PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 1. Purpose The Exchange proposes to amend Exchange Rule 11.13(b)(1) to describe when an order to sell marked 5 as ‘‘short’’ 6 may be eligible for routing when a short sale price test restriction is in effect. Under Rule 201 of Regulation SHO,7 short sale orders in a covered security 8 generally cannot be executed or displayed by a Trading Center,9 such as the Exchange, at a price that is at or below the current national best bid (‘‘NBB’’) 10 when a short sale circuit breaker is in effect for the covered security (the ‘‘short sale price test restriction’’).11 Under Rule 11.13(b)(1), an order marked ‘‘short’’ when a short sale price test restriction is in effect is not eligible for routing by the Exchange. If an order is ineligible for routing due to a short sale price test restriction and such order is an Immediate or Cancel (‘‘IOC’’) Order 12 or a BYX Market Order,13 then 5 17 CFR 242.200(g). term ‘‘short sale’’ is defined as ‘‘any sale of a security which the seller does not own or any sale which is consummated by the delivery of a security borrowed by, or for the account of, the seller.’’ 17 CFR 242.200(a). 7 See 17 CFR 242.201; Securities Exchange Act Release No. 61595 (February 26, 2010), 75 FR 11232 (March 10, 2010). 8 Rule 201(a)(1) of Regulation SHO defines the term ‘‘covered security’’ to mean any ‘‘NMS stock’’ as defined under Rule 600(b)(47) of Regulation NMS. Rule 600(b)(47) of Regulation NMS defines an ‘‘NMS stock’’ as ‘‘any NMS security other than an option.’’ Rule 600(b)(46) of Regulation NMS defines an ‘‘NMS security’’ as ‘‘any security or class of securities for which transaction reports are collected, processed, and made available pursuant to an effective transaction reporting plan, or an effective national market system plan for reporting transactions in listed options.’’ 17 CFR 242.201(a)(1); 17 CFR 242.600(b)(46); and 17 CFR 242.600(b)(47). 9 Rule 201(a)(9) of Regulation SHO states that the term ‘‘Trading Center’’ shall have the same meaning as in Rule 600(b)(78) of Regulation NMS. Rule 600(b)(78) of Regulation NMS defines a ‘‘Trading Center’’ as ‘‘a national securities exchange or national securities association that operates an SRO trading facility, an alternative trading system, an exchange market maker, an OTC market maker, or any other broker or dealer that executes orders internally by trading as principal or crossing orders as agent.’’ 17 CFR 242.200(a)(9); 17 CFR 242.600(b)(78). 10 17 CFR 242.201(a)(4); 17 CFR 242.600(b)(42). 11 17 CFR 242.201(b)(1). 12 See Exchange Rule 11.9(b)(1). 13 See Exchange Rule 11.9(a)(2). The Exchange also proposes to remove the reference to BYX Market Orders in Rule 11.13(b)(1) as BYX Market Orders with a time-in-force of Day that are ineligible for routing due to a short sale price test restriction pursuant to Rule 201 of Regulation SHO 6 The E:\FR\FM\31OCN1.SGM 31OCN1

Agencies

[Federal Register Volume 81, Number 210 (Monday, October 31, 2016)]
[Notices]
[Page 75456]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-26304]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT:  [81 FR 73459, 
October 25, 2016].

STATUS:  Open Meeting.

PLACE:  100 F Street NE., Washington, DC.

DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING:  Wednesday, October 26, 
2016 10:00 a.m.

CHANGE IN THE MEETING: Time Change.
    The Open Meeting scheduled for Wednesday, October 26, 2016 at 10:00 
a.m., has been changed to Wednesday, October 26, 2016 at 11:00 a.m.
    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: October 26, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-26304 Filed 10-27-16; 11:15 am]
 BILLING CODE 8011-01-P
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