Self-Regulatory Organizations; Bats EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.7, Opening Process, and Rule 13.4, Usage of Data Feeds, To Reflect the Name Change of NYSE MKT to NYSE American, 46317-46319 [2017-21276]
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Federal Register / Vol. 82, No. 191 / Wednesday, October 4, 2017 / Notices
the protection of investors and the
public interest by clarifying the
Exchange’s rules. The Exchange believes
that additional clarity and transparency
in the Exchange’s rules will strengthen
investor confidence in the market and
facilitate fair competition among market
participants. The Exchange notes that
other option exchanges that offer similar
functionality have similar rules in
place.27
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will result in
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. Specifically,
the Exchange believes the proposed rule
change will not impose any burden on
competition as the Exchange is merely
providing supplemental information
that may be derived by market
participants independently. The
Exchange’s proposal does not
substantively modify any Exchange
functionality and is not designed to
address any competitive issues, but
rather to provide additional information
in the Route Notification message and
add further clarity to the Exchange’s
rules. Since the Exchange does not
propose to substantively modify the
operation of exchange functionality, the
proposed rule change will not impose
any burden on inter-market
competition. Additionally, the Exchange
does not believe the proposed rule
change will impose any burden on intramarket competition as the Rules apply
equally to all Exchange Members.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments were neither
solicited nor received.
sradovich on DSK3GMQ082PROD with NOTICES
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (i) Significantly affect
the protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days after the date of
the filing, or such shorter time as the
Commission may designate, it has
become effective pursuant to 19(b)(3)(A)
of the Act 28 and Rule 19b–4(f)(6) 29
thereunder.
27 See
supra note 21.
28 15 U.S.C. 78s(b)(3)(A).
29 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give
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Jkt 244001
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 shall institute proceedings
to determine whether the proposed rule
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 SRMIAX–2017–41 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–MIAX–2017–41. 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
the Commission written notice of its intent to file
the proposed rule change at least five business days
prior to the date of filing of the proposed rule
change, or such shorter time as designated by the
Commission. The Exchange has satisfied this
requirement.
PO 00000
Frm 00107
Fmt 4703
Sfmt 4703
46317
filing also will be available for
inspection and copying at the principal
office of the Exchange. 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–MIAX–
2017–41 and should be submitted on or
before October 25, 2017. For the
Commission, by the Division of Trading
and Markets, pursuant to delegated
authority.30
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–21278 Filed 10–3–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81748; File No. SR–
BatsEDGA–2017–25]
Self-Regulatory Organizations; Bats
EDGA Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change to Rule 11.7,
Opening Process, and Rule 13.4,
Usage of Data Feeds, To Reflect the
Name Change of NYSE MKT to NYSE
American
September 28, 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
September 25, 2017, Bats EDGA
Exchange, Inc. (the ‘‘Exchange’’ or
‘‘EDGA’’) filed with the Securities and
Exchange Commission (‘‘Commission’’)
the proposed rule change as described
in Items I and II 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 Substance of
the Proposed Rule Change
The Exchange filed a proposal to
amend paragraph (c)(1) of Rule 11.7,
30 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6)(iii).
1 15
E:\FR\FM\04OCN1.SGM
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46318
Federal Register / Vol. 82, No. 191 / Wednesday, October 4, 2017 / Notices
Opening Process, and paragraph (a) of
Rule 13.4, Usage of Data Feeds, to reflect
the name change of NYSE MKT to NYSE
American.
The text of the proposed rule change
is available at the Exchange’s Web site
at www.bats.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
the most significant parts of such
statements.
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
On March 21, 2017, NYSE MKT LLC
filed a proposed rule change to change
its name to NYSE American LLC.5 The
Exchange now proposes to replace
references to NYSE MKT within its
rules with NYSE American. In
particular, the Exchange proposes to
replace references to NYSE MKT with
NYSE American in Rule 11.7(c)(1),
Opening Process; and Rule 13.4(a),
Usage of Data Feeds. The Exchange does
not proposed [sic] to amend the
operation of these rules in any other
respect.
sradovich on DSK3GMQ082PROD with NOTICES
2. Statutory Basis
The Exchange believes that its
proposal is consistent with Section 6(b)
of the Act 6 in general, and furthers the
objectives of Section 6(b)(5) of the Act 7
in particular, in that it is designed to
promote just and equitable principles of
trade, to foster cooperation and
coordination with persons engaged in
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.
5 See Securities Exchange Act Release No. 80283
(March 21, 2017), 82 FR 15244 (March 27, 2017)
(SR–NYSEMKT–2017–14).
6 15 U.S.C. 78f(b).
7 15 U.S.C. 78f(b)(5).
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20:18 Oct 03, 2017
Jkt 244001
The non-substantive amendments to
Rules 11.7(c)(1) and 13.4(a) are intended
solely to reflect the name change from
NYSE MKT to NYSE American. The
proposed rule change, therefore,
removes impediments to and perfects
the mechanism of a free and open
market and a national market system
because it updates the rule to reflect the
name change and does not alter the way
in which orders in NYSE American
listed securities are handled and routed.
(B) Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will have any
impact on competition as it is not
designed to alter the way in which
orders in NYSE American listed
securities are handled and routed. It is
simply intended to reflect the name
change from NYSE MKT to NYSE
American.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
The Exchange has neither solicited
nor received written comments on the
proposed rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (A) Significantly affect
the protection of investors or the public
interest; (B) impose any significant
burden on competition; and (C) by its
terms, become operative for 30 days
from the date on which it was filed or
such shorter time as the Commission
may designate it has become effective
pursuant to Section 19(b)(3)(A) of the
Act 8 and paragraph (f)(6) of Rule 19b–
4 thereunder,9 the Exchange has
designated this rule filing as noncontroversial. The Exchange has given
the Commission written notice of its
intent to file the proposed rule change,
along with a brief description and text
of the proposed rule change at least five
business days prior to the date of filing
of the proposed rule change, or such
shorter time as designated by the
Commission.
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: (1) Necessary or appropriate in
the public interest; (2) for the protection
of investors; or (3) otherwise in
8 15
9 17
PO 00000
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4.
Frm 00108
Fmt 4703
Sfmt 4703
furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
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–
BatsEDGA–2017–25 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 SR–BatsEDGA–2017–25. 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
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–
BatsEDGA–2017–25 and should be
submitted on or before October 25,
2017.
E:\FR\FM\04OCN1.SGM
04OCN1
Federal Register / Vol. 82, No. 191 / Wednesday, October 4, 2017 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–21276 Filed 10–3–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81754; File No. SR–Phlx–
2017–74]
Self-Regulatory Organizations;
NASDAQ PHLX LLC; Notice of Filing of
Proposed Rule Change To Introduce
the Intellicator Analytic Tool
September 28, 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
September 20, 2017, NASDAQ PHLX
LLC (‘‘Phlx’’ or ‘‘Exchange’’) 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 introduce
the Intellicator Analytic Tool.
The text of the proposed rule change
is available on the Exchange’s Web
site at https://nasdaqphlx.cchwall
street.com/, at the principal office of the
Exchange, and at the Commission’s
Public Reference Room.
sradovich on DSK3GMQ082PROD with NOTICES
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.
10 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
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20:18 Oct 03, 2017
Jkt 244001
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of the proposed rule
change is to introduce the Intellicator
Analytic Tool, a new, optional market
data product available for a
corresponding fee 3 that is designed to
analyze options market transactions and
synthesize that analysis to assist
investors in assessing the equities
underlying those transactions.4
Options market transactions can be
complex; the purpose of the Intellicator
Analytic Tool is to distill options data
into a form that will help investors
understand options market movements
and provide them with actionable
insight in changing market conditions.
The Intellicator Analytic Tool will offer
three increasingly sophisticated levels
of analysis. The first level, the SingleFactor Analytic Bundle, calculates
fundamental measures, or ‘‘factors,’’ of
options market activity—Put/Call Ratio,
Moneyness Ratio, Volume-Weighted
Average Delta, and Weighted Average
Strike Price—and applies those factors
to certain segments of activity on the
Exchange. The second level, the SingleFactor Intellicator, uses machine
learning—an analytical technique that
employs algorithms that iteratively
‘‘learn’’ from data to find hidden
insights without explicit
programming—to summarize in a single
numeral the information contained
within a Single-Factor Analytic Bundle.
The third level, the Multi-Factor
Intellicator, uses machine learning to
summarize in a single numeral all of the
information contained within all of the
five [sic] Single-Factor Analytic Bundles
offered with this product.
The Exchange will propose, in a
forthcoming fee filing, separate fees for
the Single-Factor Analytic Bundle, the
Single-Factor Intellicator, and the MultiFactor Intellicator, as well as special
rates for the purchase of any
combination of these, to allow investors
to choose the tool that best fits their
needs. The Single-Factor Analytic
Bundles are designed to be used by
sophisticated investors to supplement,
test and inform their own analytic
models. The Single- and Multi-Factor
Intellicators are designed for the use of
investors who seek to understand
3 A separate filing will address the pricing for the
Intellicator Analytic Tool, which will also be
implemented on October 27, 2017, if approved by
the Commission.
4 The Exchange initially filed the proposed
changes on August 2, 2017 (SR–Phlx 2017–62). On
August 11, 2017, the Exchange withdrew that filing.
PO 00000
Frm 00109
Fmt 4703
Sfmt 4703
46319
market sentiment without undertaking
complex calculations. Although tailored
for different audiences, the Analytic
Bundles and Single- and Multi-Factor
Intellicators are all designed to increase
visibility into options transactions and
democratize information to provide the
benefits of sophisticated analytical
techniques to firms without the
technology, staff or wherewithal to
conduct a comparable analysis on their
own.
The Analytic Bundles and Single- and
Multi-Factor Intellicators are described
in further detail below.
Single-Factor Analytic Bundle
A Single-Factor Analytic Bundle is a
set of calculations of ‘‘factors,’’ or
standard measures of options market
activity, often used as indicia of market
sentiment. The Intellicator Analytic
Tool will calculate four factors—Put/
Call Ratio, Moneyness Ratio, VolumeWeighted Average Delta, and Weighted
Average Stock Price—defined as
follows: 5
(i) Put/Call Ratio: The total number of
put contracts traded divided by the total
number of put and call contracts traded
within the prior 60 seconds for each
underlying symbol.
(ii) Moneyness Ratio: The natural log
of the ratio of the price of the
underlying equity to the strike price of
the options contract traded within the
prior 60 seconds.6
(iii) Volume-Weighted Average Delta:
A calculation of the projected change to
an option price given a $1 change in the
equity price, weighted by the number of
contracts traded within the prior 60
seconds.
(iv) Weighted Average Strike Price: A
calculation of the strike price of the
options contracts traded within the
prior 60 seconds, weighted by the
number of days to expiration.7
Each of these Single-Factor Analytic
Bundles will provide separate
calculations of a specific factor for
between five and fifty different
segments, or subsets, of the options
market.8 Segments may be simple or
complex. A simple segment may be all
transactions with a certain range of
expiration dates. Examples of complex
5 The Exchange may introduce new factors that
are found to have value in assessing market
sentiment, but will submit a new filing for approval
if other factors are added.
6 The ratios for calls are multiplied by 1, while
ratios for puts are multiplied by ¥1.
7 A higher weighting is given to contracts near
expiration.
8 Factor calculations for specific segments of the
market will not be sold by the Exchange separately
from the Analytic Bundles.
E:\FR\FM\04OCN1.SGM
04OCN1
]]>Agencies
[Federal Register Volume 82, Number 191 (Wednesday, October 4, 2017)]
[Notices]
[Pages 46317-46319]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21276]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-81748; File No. SR-BatsEDGA-2017-25]
Self-Regulatory Organizations; Bats EDGA Exchange, Inc.; Notice
of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule
11.7, Opening Process, and Rule 13.4, Usage of Data Feeds, To Reflect
the Name Change of NYSE MKT to NYSE American
September 28, 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 September 25, 2017, Bats EDGA Exchange, Inc. (the ``Exchange''
or ``EDGA'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule change as described in Items I and
II 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.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(6)(iii).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange filed a proposal to amend paragraph (c)(1) of Rule
11.7,
[[Page 46318]]
Opening Process, and paragraph (a) of Rule 13.4, Usage of Data Feeds,
to reflect the name change of NYSE MKT to NYSE American.
The text of the proposed rule change is available at the Exchange's
Web site at www.bats.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 the most significant parts of such
statements.
(A) Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
On March 21, 2017, NYSE MKT LLC filed a proposed rule change to
change its name to NYSE American LLC.\5\ The Exchange now proposes to
replace references to NYSE MKT within its rules with NYSE American. In
particular, the Exchange proposes to replace references to NYSE MKT
with NYSE American in Rule 11.7(c)(1), Opening Process; and Rule
13.4(a), Usage of Data Feeds. The Exchange does not proposed [sic] to
amend the operation of these rules in any other respect.
---------------------------------------------------------------------------
\5\ See Securities Exchange Act Release No. 80283 (March 21,
2017), 82 FR 15244 (March 27, 2017) (SR-NYSEMKT-2017-14).
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that its proposal is consistent with Section
6(b) of the Act \6\ in general, and furthers the objectives of Section
6(b)(5) of the Act \7\ in particular, in that it is designed to promote
just and equitable principles of trade, to foster cooperation and
coordination with persons engaged in 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.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f(b).
\7\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
The non-substantive amendments to Rules 11.7(c)(1) and 13.4(a) are
intended solely to reflect the name change from NYSE MKT to NYSE
American. The proposed rule change, therefore, removes impediments to
and perfects the mechanism of a free and open market and a national
market system because it updates the rule to reflect the name change
and does not alter the way in which orders in NYSE American listed
securities are handled and routed.
(B) Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change will
have any impact on competition as it is not designed to alter the way
in which orders in NYSE American listed securities are handled and
routed. It is simply intended to reflect the name change from NYSE MKT
to NYSE American.
(C) Self-Regulatory Organization's Statement on Comments on the
Proposed Rule Change Received From Members, Participants or Others
The Exchange has neither solicited nor received written comments on
the proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule change does not: (A)
Significantly affect the protection of investors or the public
interest; (B) impose any significant burden on competition; and (C) by
its terms, become operative for 30 days from the date on which it was
filed or such shorter time as the Commission may designate it has
become effective pursuant to Section 19(b)(3)(A) of the Act \8\ and
paragraph (f)(6) of Rule 19b-4 thereunder,\9\ the Exchange has
designated this rule filing as non-controversial. The Exchange has
given the Commission written notice of its intent to file the proposed
rule change, along with a brief description and text of the proposed
rule change at least five business days prior to the date of filing of
the proposed rule change, or such shorter time as designated by the
Commission.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(3)(A).
\9\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
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: (1)
Necessary or appropriate in the public interest; (2) for the protection
of investors; or (3) otherwise in furtherance of the purposes of the
Act. If the Commission takes such action, the Commission shall
institute proceedings to determine whether the proposed rule 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-BatsEDGA-2017-25 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 SR-BatsEDGA-2017-25. 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 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-BatsEDGA-2017-25 and should
be submitted on or before October 25, 2017.
[[Page 46319]]
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-21276 Filed 10-3-17; 8:45 am]
BILLING CODE 8011-01-P
