Self-Regulatory Organizations; C2 Options Exchange, Incorporated; Notice of Filing and Immediate Effectiveness of a Proposed Rule To Amend the Fees Schedule, 7904-7906 [2017-01298]
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7904
Federal Register / Vol. 82, No. 13 / Monday, January 23, 2017 / Notices
six-year record retention period
applicable to customer complaints to
municipal advisory client complaints.
In approving the proposed rule
change, as modified by Amendment
No.1, the Commission has also
considered the impact of the proposed
rule change on efficiency, competition,
and capital formation.80 The
Commission does not believe that the
proposed rule change, as modified by
Amendment No. 1 would impose any
burden on competition not necessary or
appropriate in furtherance of the
purposes of the Act.
For the reasons noted above, the
Commission believes that the proposed
rule change, as modified by Amendment
No. 1, is consistent with the Act.
V. Solicitation of Comments on
Amendment No. 1
Interested persons are invited to
submit written data, views, and
arguments concerning Amendment No.
1, including whether the proposed rule
change, as modified by Amendment
No.1, is consistent with the Act.
Comments may be submitted by any of
the following methods:
mstockstill on DSK3G9T082PROD with NOTICES
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 SR–
MSRB–2016–15 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549.
All submissions should refer to File
Number SR–MSRB–2016–15. 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 rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change 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 the
filing also will be available for
inspection and copying at the principal
office of the MSRB. 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 SR–MSRB–
2016–15 and should be submitted on or
before February 13, 2017.
VI. Accelerated Approval of Proposed
Rule Change as Modified by
Amendment No. 1
The Commission finds good cause to
approve the proposed rule change, as
modified by Amendment No. 1, prior to
the 30th day after the date of
publication of Amendment No. 1 in the
Federal Register. As discussed above,
Amendment No. 1 partially amends the
text of the proposed rule change to
provide certain clarifications relating to
the notifications that would be provided
by municipal advisors to their
municipal advisory clients and to the
terms used with the recordkeeping of
municipal advisory client complaints, to
extend the proposed effective date, and
to make other technical changes to
clarify or simplify rule text.81
Specifically, the changes respond to
commenters’ concerns, are technical in
nature, and clarify or simplify the
proposed rule change. The MSRB states
that Amendment No. 1 in many respects
eliminates unnecessary language by
relying on terms that are defined in the
MSRB’s rule book, the Act, or
Commission rules under the Act.82 In
addition, the MSRB notes that the
changes are consistent with the
purposes of the proposed rule change to
advance the development of a
comprehensive regulatory framework
for municipal advisors and to update
the Board’s customer complaint rules.
With respect to those portions of
Amendment No. 1 that modify certain
definitions, the MSRB notes that the
proposed rule change, as described in
the Notice of Filing, contemplated that
the clients of both solicitor and nonsolicitor municipal advisors would be
covered by the proposed rule change.83
According to the MSRB, the precision
added to certain definitions by
Amendment No. 1 parallels the
precision with which the MSRB defines
U.S.C. 78c(f).
VerDate Sep<11>2014
19:02 Jan 19, 2017
Jkt 241001
VII. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,85 that the
proposed rule change, as modified by
Amendment No. 1 (SR–MSRB–2016–15)
be, and hereby is, approved on an
accelerated basis.
For the Commission, pursuant to delegated
authority.86
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–01300 Filed 1–19–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–79796; File No. SR–C2–
2017–003]
Self-Regulatory Organizations; C2
Options Exchange, Incorporated;
Notice of Filing and Immediate
Effectiveness of a Proposed Rule To
Amend the Fees Schedule
January 13, 2017.
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 January 3,
2017, C2 Options Exchange,
Incorporated (the ‘‘Exchange’’ or ‘‘C2’’)
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.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend its
Fees Schedule. The text of the proposed
rule change is available on the
Exchange’s Web site (https://
84 See
Amendment No. 1.
U.S.C. 78s(b)(2).
86 17 CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
85 15
81 Supra
note 6.
Amendment No. 1.
83 See Notice of Filing.
82 See
80 15
a municipal advisory client of a solicitor
municipal advisor and eliminates
unnecessary language.84 The MSRB
believes other technical changes made
serve to clarify or simplify the proposed
rule change.
For the foregoing reasons, the
Commission finds good cause for
approving the proposed rule change, as
modified by Amendment No. 1, on an
accelerated basis, pursuant to Section
19(b)(2) of the Act.
PO 00000
Frm 00122
Fmt 4703
Sfmt 4703
E:\FR\FM\23JAN1.SGM
23JAN1
Federal Register / Vol. 82, No. 13 / Monday, January 23, 2017 / Notices
www.c2exchange.com/Legal/), at the
Exchange’s Office of the Secretary, 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.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
mstockstill on DSK3G9T082PROD with NOTICES
1. Purpose
The Exchange proposes to amend its
Fees Schedule. Specifically, the
Exchange proposes to increase the fees
charged for a CMI Login ID and FIX
Login ID. The Exchange currently
assesses $500 per Login ID, per month
for CMI Login IDs and FIX Login IDs.
The Exchange has expended significant
resources setting up, providing and
maintaining this connectivity and has
ongoing and increasing costs associated
with maintaining connectivity. The
Exchange desires to recoup such costs
and as such, proposes to increase the
monthly fees from $500 per Login ID,
per month to $550 per Login ID, per
month.
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the
Securities Exchange Act of 1934 (the
‘‘Act’’) and the rules and regulations
thereunder applicable to the Exchange
and, in particular, the requirements of
Section 6(b) of the Act.3 Specifically,
the Exchange believes the proposed rule
change is consistent with the Section
6(b)(5) 4 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
3 15
4 15
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
VerDate Sep<11>2014
19:02 Jan 19, 2017
open market and a national market
system, and, in general, to protect
investors and the public interest.
Additionally, the Exchange believes the
proposed rule change is consistent with
Section 6(b)(4) of the Act,5 which
requires that Exchange rules provide for
the equitable allocation of reasonable
dues, fees, and other charges among its
Trading Permit Holders and other
persons using its facilities.
The Exchange believes increasing the
CMI Login ID and FIX Login ID fees is
reasonable because the Exchange desires
to recoup increasing costs associated
with maintaining connectivity to C2.
The Exchange believes it’s equitable and
not unfairly discriminatory because all
Permit Holders will be assessed the
same amount for Login ID fees.
C2 does not believe that the proposed
rule change will impose any burden on
competition that is not necessary or
appropriate in furtherance of the
purposes of the Act. The Exchange does
not believe that the proposed rule
change will impose any burden on
intramarket competition that is not
necessary or appropriate in furtherance
of the purposes of the Act because all
Permit Holders will be assessed the
same Login ID fees and because the
increased fee will help the Exchange
recoup costs associated with
maintaining connectivity to the
Exchange. The Exchange does not
believe that the proposed change will
impose any burden on intermarket
competition that is not necessary or
appropriate in furtherance of the
purposes of the Act because it only
applies to trading on the Exchange.
Should the proposed change make C2 a
more attractive trading venue for market
participants at other exchanges, such
market participants may elect to become
market participants at C2.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange neither solicited nor
received comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 6 and paragraph (f) of Rule
5 15
6 15
Jkt 241001
PO 00000
U.S.C. 78f(b)(4).
U.S.C. 78s(b)(3)(A).
Frm 00123
Fmt 4703
19b–4 7 thereunder. At any time within
60 days of the filing of the proposed rule
change, the Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act. If the
Commission takes such action, the
Commission will institute proceedings
to determine whether the proposed rule
change should be approved or
disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the 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 SR–
C2–2017–003 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–C2–2017–003. 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 rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change 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 the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
7 17
Sfmt 4703
7905
E:\FR\FM\23JAN1.SGM
CFR 240.19b–4(f).
23JAN1
7906
Federal Register / Vol. 82, No. 13 / Monday, January 23, 2017 / Notices
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 SR–C2–
2017–003 and should be submitted on
or before February 13, 2017.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–01298 Filed 1–19–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–79800; File No. SR–
ISEGemini–2017–01]
Self-Regulatory Organizations; ISE
Gemini, LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend the Schedule
of Fees
January 13, 2017.
Pursuant to 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 January 3,
2017, ISE Gemini, LLC (‘‘ISE Gemini’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘Commission’’) the proposed rule
change as described in Items I and II
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.
mstockstill on DSK3G9T082PROD with NOTICES
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend the
Schedule of Fees to eliminate the
Performance Routing Program.
The text of the proposed rule change
is available on the Exchange’s Web site
at www.ise.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
8 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
VerDate Sep<11>2014
19:02 Jan 19, 2017
Jkt 241001
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
1. Purpose
Currently, the Exchange offers
Performance Routing Program (‘‘PRP)
rebates to Non-ISE Gemini Market
Maker,3 Firm Proprietary,4 BrokerDealer,5 and Professional Customer 6
orders based on the member’s maker
average daily volume (‘‘ADV’’) in NonISE Gemini Market Maker, Firm
Proprietary, Broker-Dealer, and
Professional Customer orders that
improve the national best bid or offer
(‘‘NBBO’’) in a series at the time of order
entry (‘‘PRP eligible contracts’’).7
Specifically, members that execute an
ADV of 9,999 PRP eligible contracts or
fewer are entitled to a maker rebate of
$0.25 per contract in both Penny
Symbols and Non-Penny Symbols for
their Non-ISE Gemini Market Maker,
Firm Proprietary, Broker-Dealer, and
Professional Customer orders. Members
that execute an ADV of 10,000 or more
PRP eligible contracts are entitled to a
maker rebate of $0.40 per contract in
Penny Symbols and $0.65 per contract
in Non-Penny Symbols for the above
market participant types if the order
does not improve the NBBO at the time
of order entry. In addition, members
that qualify for the higher tier of PRP
rebates are entitled to a maker rebate of
$0.47 per contract in Penny Symbols
and $0.71 per contract in Non-Penny
Symbols for the above market
participant types if the order improves
3 A ‘‘Non-ISE Gemini Market Maker’’ is a market
maker as defined in Section 3(a)(38) of the
Securities Exchange Act of 1934, as amended,
registered in the same options class on another
options exchange.
4 A ‘‘Firm Proprietary’’ order is an order
submitted by a member for its own proprietary
account.
5 A ‘‘Broker-Dealer’’ order is an order submitted
by a member for a broker-dealer account that is not
its own proprietary account.
6 A ‘‘Professional Customer’’ is a person or entity
that is not a broker/dealer and is not a Priority
Customer.
7 All eligible volume from affiliated members is
aggregated in determining applicable tiers, provided
there is at least 75% common ownership between
the members as reflected on each member’s Form
BD, Schedule A.
PO 00000
Frm 00124
Fmt 4703
Sfmt 4703
the NBBO in the series at the time it is
entered.8
The Exchange now proposes to
eliminate the PRP as this program has
not been successful in attracting order
flow that improves the NBBO. As
proposed, members will receive a maker
rebate of $0.25 per contract in Penny
Symbols and Non-Penny Symbols for
their Non-ISE Gemini Market Maker,
Firm Proprietary, Broker-Dealer, and
Professional Customer orders (i.e., the
current Tier 1 maker rebate). Members
will no longer be able to achieve higher
maker rebates based on their maker
ADV in Non-ISE Gemini Market Maker,
Firm Proprietary, Broker-Dealer, and
Professional Customer orders that
improve the NBBO in a series at the
time of order entry.9
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the provisions of Section 6 of the Act,10
in general, and Section 6(b)(4) of the
Act,11 in particular, in that it is designed
to provide for the equitable allocation of
reasonable dues, fees, and other charges
among its members and other persons
using its facilities.
The Exchange believes that it is
reasonable and equitable to eliminate
the PRP as this rebate program was not
successful in attracting the type of order
flow that it was designed to incentivize.
The Exchange adopted the PRP to
encourage members enter orders that
improve the NBBO in order to create
more trading opportunities at better
prices for all market participants that
trade on the Exchange. The Exchange
does not believe that the PRP has met
this goal, and is therefore proposing to
eliminate the program. With the
proposed elimination of the PRP, NonISE Gemini Market Maker, Firm
Proprietary, Broker-Dealer, and
Professional Customer orders will
continue to be entitled to a maker rebate
in Penny and Non-Penny Symbols that
is the same as the current Tier 1 maker
rebate. The current Tier 2 maker rebates
for these market participant types will
be removed as this tier is being
eliminated with the elimination of the
PRP program. The Exchange believes
8 See Schedule of Fees, Section I., Regular Order
Fees and Rebates, footnotes 14 and 15.
9 This includes both the regular rebate for orders
that do not improve the NBBO at the time of order
entry, and the enhanced rebates provided in
footnotes 14 and 15 of the Schedule of Fees for
orders that improve the NBBO at the time of order
entry. The regular rebates will now be marked ‘‘n/
a’’ since there will no longer be any PRP tiers, and
the associated footnotes for enhanced rebates will
be eliminated.
10 15 U.S.C. 78f.
11 15 U.S.C. 78f(b)(4).
E:\FR\FM\23JAN1.SGM
23JAN1
Agencies
[Federal Register Volume 82, Number 13 (Monday, January 23, 2017)]
[Notices]
[Pages 7904-7906]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-01298]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-79796; File No. SR-C2-2017-003]
Self-Regulatory Organizations; C2 Options Exchange, Incorporated;
Notice of Filing and Immediate Effectiveness of a Proposed Rule To
Amend the Fees Schedule
January 13, 2017.
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 January 3, 2017, C2 Options Exchange, Incorporated (the
``Exchange'' or ``C2'') 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\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to amend its Fees Schedule. The text of the
proposed rule change is available on the Exchange's Web site (https://
[[Page 7905]]
www.c2exchange.com/Legal/), at the Exchange's Office of the Secretary,
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
1. Purpose
The Exchange proposes to amend its Fees Schedule. Specifically, the
Exchange proposes to increase the fees charged for a CMI Login ID and
FIX Login ID. The Exchange currently assesses $500 per Login ID, per
month for CMI Login IDs and FIX Login IDs. The Exchange has expended
significant resources setting up, providing and maintaining this
connectivity and has ongoing and increasing costs associated with
maintaining connectivity. The Exchange desires to recoup such costs and
as such, proposes to increase the monthly fees from $500 per Login ID,
per month to $550 per Login ID, per month.
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Securities Exchange Act of 1934 (the ``Act'') and the rules and
regulations thereunder applicable to the Exchange and, in particular,
the requirements of Section 6(b) of the Act.\3\ Specifically, the
Exchange believes the proposed rule change is consistent with the
Section 6(b)(5) \4\ 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. Additionally,
the Exchange believes the proposed rule change is consistent with
Section 6(b)(4) of the Act,\5\ which requires that Exchange rules
provide for the equitable allocation of reasonable dues, fees, and
other charges among its Trading Permit Holders and other persons using
its facilities.
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78f(b).
\4\ 15 U.S.C. 78f(b)(5).
\5\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
The Exchange believes increasing the CMI Login ID and FIX Login ID
fees is reasonable because the Exchange desires to recoup increasing
costs associated with maintaining connectivity to C2. The Exchange
believes it's equitable and not unfairly discriminatory because all
Permit Holders will be assessed the same amount for Login ID fees.
B. Self-Regulatory Organization's Statement on Burden on Competition
C2 does not believe that the proposed rule change will impose any
burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act. The Exchange does not believe
that the proposed rule change will impose any burden on intramarket
competition that is not necessary or appropriate in furtherance of the
purposes of the Act because all Permit Holders will be assessed the
same Login ID fees and because the increased fee will help the Exchange
recoup costs associated with maintaining connectivity to the Exchange.
The Exchange does not believe that the proposed change will impose any
burden on intermarket competition that is not necessary or appropriate
in furtherance of the purposes of the Act because it only applies to
trading on the Exchange. Should the proposed change make C2 a more
attractive trading venue for market participants at other exchanges,
such market participants may elect to become market participants at C2.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
The Exchange neither solicited nor received comments on the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A) of the Act \6\ and paragraph (f) of Rule 19b-4 \7\
thereunder. At any time within 60 days of the filing of the proposed
rule change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act. If the Commission
takes such action, the Commission will institute proceedings to
determine whether the proposed rule change should be approved or
disapproved.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(3)(A).
\7\ 17 CFR 240.19b-4(f).
---------------------------------------------------------------------------
IV. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the 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 SR-C2-2017-003 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.
All submissions should refer to File Number SR-C2-2017-003. 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 rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change 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 the filing also will be available
for inspection and copying at the principal office of the Exchange. All
comments
[[Page 7906]]
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 SR-C2-2017-003 and should be
submitted on or before February 13, 2017.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
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\8\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-01298 Filed 1-19-17; 8:45 am]
BILLING CODE 8011-01-P