Sunshine Act Meetings, 10932-10933 [2018-05098]

Download as PDF 10932 Federal Register / Vol. 83, No. 49 / Tuesday, March 13, 2018 / Notices Agency name Authorization No. Organization name Office of Field Operations .............. DEPARTMENT OF STATE ............. DEPARTMENT OF THE TREASURY. Position title Regional Administrator for Region X. Regional Administrator, Region VIII Regional Administrator, Region VII Regional Administrator V ............... Deputy Assistant Secretary ............ Special Assistant ............................ Special Assistant ............................ Special Assistant ............................ SB170045 11/22/2017 SB180004 SB180005 SB180007 DS170205 DS180003 DS180004 DS180006 11/22/2017 11/22/2017 11/22/2017 11/07/2017 11/16/2017 11/16/2017 11/16/2017 Press Assistant ............................... DY170178 11/14/2017 Bureau of Near Eastern Affairs ...... Office of Policy Planning ................ Bureau of Legislative Affairs .......... Bureau of Arms Control, Verification, and Compliance. Assistant Secretary (Public Affairs) Effective date The following Schedule C appointing authorities were revoked during November 2017. Agency name Organization name Position title COMMODITY FUTURES TRADING COMMISSION. Office of the Chairperson ............... Public Affairs Specialist (Speechwriter). Administrative Assistant ................. Special Assistant ............................ Special Assistant to the Chief of Staff. Confidential Assistant ..................... Deputy Director, Office of Secretarial Boards and Councils. Senior Advisor for External Affairs DEPARTMENT OF COMMERCE ... DEPARTMENT OF ENERGY ......... DEPARTMENT OF HEALTH AND HUMAN SERVICES. DEPARTMENT OF JUSTICE ......... DEPARTMENT OF THE TREASURY. DEPARTMENT OF TRANSPORTATION. Office of Public Affairs .................... Office of Business Liaison .............. Office of the Chief of Staff ............. Office of the Secretary ................... Office of the Secretary of Energy Advisory Board. Office of Assistant Secretary for Energy Efficiency and Renewable Energy. Office of the Secretary ................... Office of the Assistant Secretary for Health. Office of the Assistant Secretary for Public Affairs. Office of Intergovernmental and External Affairs. Office of Health Reform ................. Office of Environment and Natural Resources Division. Department of the Treasury ........... Immediate Office of the Administrator. Office of the Secretary ................... Authority: 5 U.S.C. 3301 and 3302; E.O. 10577, 3 CFR, 1954–1958 Comp., p. 218. amozie on DSK30RV082PROD with NOTICES BILLING CODE 6325–39–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meetings 1:45 p.m. on Thursday, March 15, 2018. PLACE: Closed Commission Hearing Room 10800. TIME AND DATE: VerDate Sep<11>2014 17:47 Mar 12, 2018 Jkt 244001 Frm 00110 Fmt 4703 11/11/2017 CT140009 DC170082 DC170124 11/25/2017 11/11/2017 11/25/2017 DC170126 DE170142 11/25/2017 11/11/2017 DE170119 11/14/2017 11/02/2017 DH170094 11/11/2017 Special Advisor ............................... DH170088 11/11/2017 Special Assistant ............................ DH170199 11/21/2017 Senior Policy Advisor ..................... Special Assistant and Counsel ...... DH170141 DJ170106 11/26/2017 11/25/2017 Deputy Executive Secretary ........... DY170105 11/12/2017 Director of Governmental, International and Public Affairs. White House Liaison ...................... DT170085 11/25/2017 DT170048 11/25/2017 MATTERS TO BE CONSIDERED: 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 his designee, has certified that, in his opinion, one or more of the exemptions set forth in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), permit consideration of the scheduled matters at the closed meeting. PO 00000 CT170001 DH170112 This meeting will be closed to the public. [FR Doc. 2018–05032 Filed 3–12–18; 8:45 am] Date vacated Special Assistant to the Chief of Staff. Associate Director for Policy .......... STATUS: Office of Personnel Management. Kathleen M. McGettigan, Acting Director. Request No. Sfmt 4703 Commissioner Stein, as duty officer, voted to consider the items listed for the closed meeting in closed session. The subject matters of the closed meeting will be: Institution and settlement of injunctive actions; Institution and settlement of administrative proceedings; and Other matters relating to enforcement proceedings. At times, changes in Commission priorities require alterations in the scheduling of meeting items. CONTACT PERSON FOR MORE INFORMATION: For further information and to ascertain what, if any, matters have been added, deleted or postponed; please contact E:\FR\FM\13MRN1.SGM 13MRN1 Federal Register / Vol. 83, No. 49 / Tuesday, March 13, 2018 / Notices 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. Brent J. Fields from the Office of the Secretary at (202) 551–5400. Dated: March 8, 2018. Brent J. Fields, Secretary. [FR Doc. 2018–05098 Filed 3–9–18; 11:15 am] BILLING CODE 8011–01–P A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change SECURITIES AND EXCHANGE COMMISSION [Release No. 34–82822; File No. SR– NASDAQ–2018–017] 1. Purpose Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange’s Transaction Fees at Rule 7014 To Eliminate the Small Cap Incentive Program and the Limit Up Limit Down Pricing Program March 7, 2018. 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 February 26, 2018, The Nasdaq Stock Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) 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 Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. amozie on DSK30RV082PROD with NOTICES I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend the Exchange’s transaction fees at Rule 7014 to eliminate the Small Cap Incentive Program and the Limit Up Limit Down Pricing Program, as described below. While these amendments are effective upon filing, the Exchange has designated the proposed amendments to be operative on March 1, 2018. The text of the proposed rule change is available on the Exchange’s website at http://nasdaq.cchwallstreet.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 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Sep<11>2014 17:47 Mar 12, 2018 Jkt 244001 The purpose of the proposed rule change is to amend Rule 7014 of the Exchange’s Rules to eliminate the Small Cap Incentive Program (‘‘SCIP’’) and the Limit Up Limit Down (‘‘LULD’’) Pricing Program. SCIP Program The SCIP is a rebate program that presently applies to Exchange market markers (‘‘Nasdaq Market Makers’’) registered in Nasdaq-listed companies with a market capitalization (‘‘cap’’) of less than $100 million. Under the program, Nasdaq Market Makers registered in a designated SCIP symbol receive an additional displayed liquidity rebate of $0.0005 per share executed for executions at or above $1.00 (‘‘SCIP Rebate’’) if their percent of time at the NBBO is above 50% for the month (‘‘NBBO Test’’). The SCIP Rebate is in addition to all other applicable displayed rebates. For shares executed below $1.00, Nasdaq Market Makers are subject to the following rates: (i) The rebate to add liquidity is 0.10% of the total dollar volume; and (ii) the fee to remove liquidity is 0.25% of the total dollar volume. The Exchange established the SCIP to encourage Nasdaq Market Makers to improve market quality for Nasdaqlisted companies with market caps of under $100 million. Although the program has had some limited success, it has not been effective to the extent intended when introduced. Accordingly, the Exchange no longer believes that the operation of the SCIP is an appropriate allocation of its limited resources and it proposes to eliminate the program. LULD Pricing Program The LULD program is a rebate program designed to provide incentives to market participants to provide liquidity during periods of extraordinary volatility in a select group of NMS Stocks chosen by the Exchange (‘‘LULD Liquidity Symbols’’). Specifically, for LULD Liquidity Symbol securities priced $1 or more, the PO 00000 Frm 00111 Fmt 4703 Sfmt 4703 10933 Exchange offers an incentive in the form of a $0.0010 per share executed rebate to Nasdaq Market Makers that enter displayed orders to buy (other than Designated Retail Orders, as defined in Rule 7018) when the LULD Liquidity Symbol security enters a Limit State based on an NBO that equals the lower price band and does not cross the NBB (‘‘Limit Down Limit State’’). To be eligible, the Nasdaq Market Maker must be registered as a market maker for the LULD Liquidity Symbol. Similarly, for LULD Liquidity Symbol securities priced $1 or more, the Exchange provides a $0.0010 per share executed rebate to Nasdaq Market Makers that enter displayed orders to buy (other than Designated Retail Orders, as defined in Rule 7018) when the LULD Liquidity Symbol security enters a Straddle State based on an NBB that is below the lower price band (‘‘Limit Down Straddle State’’). Finally, the Exchange provides an incentive to all market participants that enter Orders in an LULD Liquidity Symbol during a Trading Pause and receive an execution of that Order. The Exchange provides a $0.0005 per share executed rebate, which is provided upon execution of the eligible Order in the reopening process at the conclusion of the Trading Pause. The Exchange intended for the LULD Pricing Program to improve market quality by promoting liquidity and price discovery for LULD Liquidity Symbols that have triggered Limit Up/Limit Down processes. Subsequent to the introduction of the LULD Pricing Program, certain enhancements to the LULD Plan have been implemented which reduced LULD pauses and supported a more orderly resumption of securities subject to LULD pauses. Therefore, the LULD Pricing Program is no longer needed and the Exchange proposes to eliminate it. 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act,3 in general, and furthers the objectives of Sections 6(b)(4) and 6(b)(5) of the Act,4 in particular, in that it provides for the equitable allocation of reasonable dues, fees and other charges among members and issuers and other persons using any facility, and is not designed to permit unfair discrimination between customers, issuers, brokers, or dealers. The Exchange believes that its proposals to eliminate the SCIP and the LULP Pricing Program are reasonable 3 15 4 15 U.S.C. 78f(b). U.S.C. 78f(b)(4) and (5). E:\FR\FM\13MRN1.SGM 13MRN1

Agencies

[Federal Register Volume 83, Number 49 (Tuesday, March 13, 2018)]
[Notices]
[Pages 10932-10933]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-05098]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

TIME AND DATE: 1:45 p.m. on Thursday, March 15, 2018.

PLACE: Closed Commission Hearing Room 10800.

STATUS: This meeting will be closed to the public.

MATTERS TO BE CONSIDERED: 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 his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR 
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10), 
permit consideration of the scheduled matters at the closed meeting.
    Commissioner Stein, as duty officer, voted to consider the items 
listed for the closed meeting in closed session.
    The subject matters of the closed meeting will be:
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings; and
    Other matters relating to enforcement proceedings.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.

CONTACT PERSON FOR MORE INFORMATION: For further information and to 
ascertain what, if any, matters have been added, deleted or postponed; 
please contact

[[Page 10933]]

Brent J. Fields from the Office of the Secretary at (202) 551-5400.

    Dated: March 8, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018-05098 Filed 3-9-18; 11:15 am]
BILLING CODE 8011-01-P