Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the National Market System Plan for the Selection and Reservation of Securities Symbols To Add Miami International Securities Exchange, LLC as a Party Thereto, 12430-12431 [2018-05645]

Download as PDF 12430 Federal Register / Vol. 83, No. 55 / Wednesday, March 21, 2018 / Notices data requests. Must indicate side(s) of Limit State. 1. Market/marketable sell orders arrivals and executions a. Count b. Shares c. Shares executed 2. Market/marketable buy orders arrivals and executions a. Count b. Shares c. Shares executed 3. Count arriving, volume arriving and shares executing in limit sell orders above NBBO mid-point 4. Count arriving, volume arriving and shares executing in limit sell orders at or below NBBO mid-point (non-marketable) 5. Count arriving, volume arriving and shares executing in limit buy orders at or above NBBO mid-point (non-marketable) 6. Count arriving, volume arriving and shares executing in limit buy orders below NBBO mid-point 7. Count and volume arriving of limit sell orders priced at or above NBBO midpoint plus $0.05 8. Count and volume arriving of limit buy orders priced at or below NBBO midpoint minus $0.05 9. Count and volume of (3–8) for cancels 10. Include: Ticker, date, time at start, time of Limit State, all data item fields in 1, last sale prior to 15-second period (null if no trades today), range during 15second period, last trade during 15second period sradovich on DSK3GMQ082PROD with NOTICES III. On May 28, 2015, Participants Provided to the SEC a Supplemental Joint Assessment Relating to the Impact of the Plan and Calibration of the Percentage Parameters as Follows A. Assess the statistical and economic impact on liquidity of approaching Price Bands. B. Assess the statistical and economic impact of the Price Bands on erroneous trades. C. Assess the statistical and economic impact of the appropriateness of the Percentage Parameters used for the Price Bands. D. Assess whether the Limit State is the appropriate length to allow for liquidity replenishment when a Limit State is reached because of a temporary liquidity gap. E. Evaluate concerns from the options markets regarding the statistical and economic impact of Limit States on liquidity and market quality in the options markets. (Participants that operate options exchange should also prepare such assessment reports.) F. Assess whether the process for entering a Limit State should be adjusted and whether Straddle States are problematic. G. Assess whether the process for exiting a Limit State should be adjusted. H. Assess whether the Trading Pauses are too long or short and whether the reopening procedures should be adjusted. [FR Doc. 2018–05660 Filed 3–20–18; 8:45 am] BILLING CODE 8011–01–P VerDate Sep<11>2014 18:34 Mar 20, 2018 Jkt 244001 SECURITIES AND EXCHANGE COMMISSION [Release No. 34–82885; File No. 4–533] Joint Industry Plan; Notice of Filing and Immediate Effectiveness of Amendment to the National Market System Plan for the Selection and Reservation of Securities Symbols To Add Miami International Securities Exchange, LLC as a Party Thereto March 15, 2018. Pursuant to Section 11A(a)(3) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 608 thereunder,2 notice is hereby given that on February 26, 2018, Miami International Securities Exchange, LLC (‘‘MIAX’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) an amendment to the National Market System Plan for the Selection and Reservation of Securities Symbols (‘‘Symbology Plan’’ or ‘‘Plan’’).3 The amendment proposes to add MIAX as a party to the Symbology Plan. The Commission is publishing this notice to solicit comments on the proposed amendment from interested persons. I. Description and Purpose of the Amendment The current parties to the Symbology Plan are BOX Options Exchange, LLC (‘‘BOX’’), Nasdaq BX, Inc. (‘‘BX’’), Cboe BZX Exchange, Inc. (‘‘CboeBZX’’), Cboe EDGA Exchange, Inc. (‘‘CboeEDGA’’), Cboe EDGX Exchange, Inc. (‘‘CboeEDGX’’), Cboe Exchange, Inc. (‘‘Cboe’’), CHX, FINRA, Investors Exchange, LLC (‘‘IEX’’), Nasdaq ISE, LLC (‘‘ISE’’), Nasdaq, New York Stock Exchange LLC (‘‘NYSE’’), NYSE American LLC (‘‘NYSE American’’), NYSE National, NYSE Arca, Inc. (‘‘NYSE Arca’’), and Phlx.4 The 1 15 U.S.C. 78k–1(a)(3). CFR 242.608. 3 On November 6, 2008, the Commission approved the Symbology Plan that was originally proposed by the Chicago Stock Exchange, Inc. (‘‘CHX’’), The Nasdaq Stock Market, Inc. (n/k/a The Nasdaq Stock Market LLC) (‘‘Nasdaq’’), National Association of Securities Dealers, Inc. (‘‘NASD’’) (n/ k/a Financial Industry Regulatory Authority, Inc. (‘‘FINRA’’)), National Stock Exchange, Inc. (‘‘NSX’’) (n/k/a NYSE National, Inc. (‘‘NYSE National’’)), and Philadelphia Stock Exchange, Inc. (n/k/a Nasdaq PHLX LLC (‘‘Phlx’’)), subject to certain changes. See Securities Exchange Act Release No. 58904, 73 FR 67218 (November 13, 2008) (File No. 4–533). 4 On November 18, 2008, ISE filed with the Commission an amendment to the Plan to add ISE as a member to the Plan. See Securities and Exchange Act Release No. 59024 (November 26, 2008), 73 FR 74538 (December 8, 2008) (File No. 4– 533). On December 22, 2008, NYSE, NYSE Arca, and NYSE Alternext (n/k/a NYSE American) (‘‘NYSE Group Exchanges’’), and Cboe filed with the Commission amendments to the Plan to add the NYSE Group Exchanges and Cboe as members to 2 17 PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 proposed amendment to the Symbology Plan would add MIAX as a party to the Symbology Plan. A self-regulatory organization (‘‘SRO’’) may become a party to the Symbology Plan if it satisfies the requirements of Section I(c) of the Plan. Specifically, an SRO may become a party to the Symbology Plan if: (i) It maintains a market for the listing or trading of Plan Securities 5 in accordance with rules approved by the Commission; (ii) it signs a current copy of the Plan; and (iii) it pays to the other parties a proportionate share of the aggregate development costs, based upon the number of symbols reserved by the new party during the first twelve (12) months of such party’s membership.6 MIAX has submitted a signed copy of the Symbology Plan to the Commission in accordance with the requirement set forth in the Symbology Plan regarding new parties to the plan. Additionally, MIAX has represented that it maintains a market for the listing or trading of Plan Securities. Finally, MIAX has agreed to pay all costs required by MIAX pursuant to the Symbology Plan, including its proportionate share of the aggregate development costs previously paid by the other parties to the Processor. II. Effectiveness of the Proposed Symbology Plan Amendment The foregoing proposed Symbology Plan amendment has become effective pursuant to Rule 608(b)(3)(iii) 7 because it involves solely technical or the Plan. See Securities Exchange Act Release No. 59162 (December 24, 2008), 74 FR 132 (January 2, 2009) (File No. 4–533). On December 24, 2008, BSE (n/k/a BX) filed with the Commission an amendment to the Plan to add BSE as a member to the Plan. See Securities Exchange Act Release No. 59187 (December 30, 2008), 74 FR 729 (January 7, 2009) (File No. 4–533). On September 30, 2009, BATS (n/k/a CboeBZX) filed with the Commission an amendment to the Plan to add BATS as a member to the Plan. See Securities Exchange Act Release No. 60856 (October 21, 2009), 74 FR 55276 (October 27, 2009) (File No. 4–533). On July 7, 2010, EDGA (n/k/a CboeEDGA) and EDGX (n/k/a CboeEDGX) filed with the Commission an amendment to the Plan to add EDGA and EDGX, each as a party to the Symbology Plan. See Securities Exchange Act Release No. 62573 (July 26, 2010), 75 FR 45682 (August 3, 2010) (File No. 4– 533). On May 7, 2012, BOX filed with the Commission an amendment to the Plan to add BOX as a member to the Plan. See Securities and Exchange Act Release No. 66957 (May 10, 2012), 77 FR 28904 (May 16, 2012). On November 4, 2016, IEX filed with the Commission an amendment to the Plan to add IEX as a member to the Plan. See Securities Exchange Act Release No. 79422 (November 29, 2016), 81 FR 87645 (December 5, 2016). 5 ‘‘Plan Securities’’ are defined in the Symbology Plan as securities that: (i) Are NMS securities as currently defined in Rule 600(a)(46) under the Act; and (ii) any other equity securities quoted, traded and/or trade reported through an SRO facility. 6 Sections I(c) and V(a) of the Plan. 7 17 CFR 242.608(b)(3)(iii). E:\FR\FM\21MRN1.SGM 21MRN1 Federal Register / Vol. 83, No. 55 / Wednesday, March 21, 2018 / Notices ministerial matters. At any time within sixty days of the filing of the amendment, the Commission may summarily abrogate the amendment and require that it be refiled pursuant to paragraph (b)(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 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 Act. Comments may be submitted by any of the following methods: sradovich on DSK3GMQ082PROD 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 4– 533 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 4–533. 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 website (https://www.sec.gov/rules/ sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the Plan that are filed with the Commission, and all written communications relating to the Plan 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 website 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 Parties’ principal offices. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal 8 17 CFR 242.608(b)(1). VerDate Sep<11>2014 18:34 Mar 20, 2018 Jkt 244001 identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number 4–533, and should be submitted on or before April 11, 2018. By the Commission. Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018–05645 Filed 3–20–18; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–82884; File No. 265–30] Meeting of the Fixed Income Market Structure Advisory Committee Securities and Exchange Commission. ACTION: Notice of meeting. AGENCY: The Securities and Exchange Commission Fixed Income Market Structure Advisory Committee is providing notice that it will hold a public meeting on Monday, April 9, 2018, in Multi-Purpose Room LL–006 at the Commission’s headquarters, 100 F Street NE, Washington, DC. The meeting will begin at 9:30 a.m. (EDT) and will be open to the public. The public portions of the meeting will be webcast on the Commission’s website at www.sec.gov. Persons needing special accommodations to take part because of a disability should notify the contact person listed below. The public is invited to submit written statements to the Committee. The meeting will focus on updates and presentations from the three subcommittees. DATES: The public meeting will be held on Monday, April 9, 2018. Written statements should be received on or before April 4, 2018. ADDRESSES: The meeting will be held at the Commission’s headquarters, 100 F Street NE, Washington, DC. Written statements may be submitted by any of the following methods: SUMMARY: 100 F Street NE, Washington, DC 20549–1090. All submissions should refer to File No. 265–30. This file number should be included on the subject line if email is used. To help us process and review your statement more efficiently, please use only one method. The Commission will post all statements on the Commission’s internet website at SEC website at (https://www.sec.gov/ comments/265-30/265-30.shtml). Statements also will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street NE, Room 1580, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. All statements received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: David Dimitrious, Senior Special Counsel, at (202) 551–5131, or Benjamin Bernstein, Attorney-Adviser, at (202) 551–5354, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549–3628. In accordance with Section 10(a) of the Federal Advisory Committee Act, 5 U.S.C.-App. 1, and the regulations thereunder, Brett Redfearn, Designated Federal Officer of the Committee, has ordered publication of this notice. SUPPLEMENTARY INFORMATION: Dated: March 15, 2018. Brent J. Fields, Committee Management Officer. [FR Doc. 2018–05643 Filed 3–20–18; 8:45 am] BILLING CODE 8011–01–P Electronic Statements • Use the Commission’s internet submission form (https://www.sec.gov/ rules/other.shtml); or • Send an email message to rulecomments@sec.gov. Please include File Number 265–30 on the subject line; or Paper Statements • Send paper statements in triplicate to Brent J. Fields, Federal Advisory Committee Management Officer, Securities and Exchange Commission, PO 00000 Frm 00099 Fmt 4703 Sfmt 9990 12431 E:\FR\FM\21MRN1.SGM 21MRN1

Agencies

[Federal Register Volume 83, Number 55 (Wednesday, March 21, 2018)]
[Notices]
[Pages 12430-12431]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-05645]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82885; File No. 4-533]


Joint Industry Plan; Notice of Filing and Immediate Effectiveness 
of Amendment to the National Market System Plan for the Selection and 
Reservation of Securities Symbols To Add Miami International Securities 
Exchange, LLC as a Party Thereto

March 15, 2018.
    Pursuant to Section 11A(a)(3) of the Securities Exchange Act of 
1934 (``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given 
that on February 26, 2018, Miami International Securities Exchange, LLC 
(``MIAX'' or ``Exchange'') filed with the Securities and Exchange 
Commission (``Commission'') an amendment to the National Market System 
Plan for the Selection and Reservation of Securities Symbols 
(``Symbology Plan'' or ``Plan'').\3\ The amendment proposes to add MIAX 
as a party to the Symbology Plan. The Commission is publishing this 
notice to solicit comments on the proposed amendment from interested 
persons.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78k-1(a)(3).
    \2\ 17 CFR 242.608.
    \3\ On November 6, 2008, the Commission approved the Symbology 
Plan that was originally proposed by the Chicago Stock Exchange, 
Inc. (``CHX''), The Nasdaq Stock Market, Inc. (n/k/a The Nasdaq 
Stock Market LLC) (``Nasdaq''), National Association of Securities 
Dealers, Inc. (``NASD'') (n/k/a Financial Industry Regulatory 
Authority, Inc. (``FINRA'')), National Stock Exchange, Inc. 
(``NSX'') (n/k/a NYSE National, Inc. (``NYSE National'')), and 
Philadelphia Stock Exchange, Inc. (n/k/a Nasdaq PHLX LLC 
(``Phlx'')), subject to certain changes. See Securities Exchange Act 
Release No. 58904, 73 FR 67218 (November 13, 2008) (File No. 4-533).
---------------------------------------------------------------------------

I. Description and Purpose of the Amendment

    The current parties to the Symbology Plan are BOX Options Exchange, 
LLC (``BOX''), Nasdaq BX, Inc. (``BX''), Cboe BZX Exchange, Inc. 
(``CboeBZX''), Cboe EDGA Exchange, Inc. (``CboeEDGA''), Cboe EDGX 
Exchange, Inc. (``CboeEDGX''), Cboe Exchange, Inc. (``Cboe''), CHX, 
FINRA, Investors Exchange, LLC (``IEX''), Nasdaq ISE, LLC (``ISE''), 
Nasdaq, New York Stock Exchange LLC (``NYSE''), NYSE American LLC 
(``NYSE American''), NYSE National, NYSE Arca, Inc. (``NYSE Arca''), 
and Phlx.\4\ The proposed amendment to the Symbology Plan would add 
MIAX as a party to the Symbology Plan. A self-regulatory organization 
(``SRO'') may become a party to the Symbology Plan if it satisfies the 
requirements of Section I(c) of the Plan. Specifically, an SRO may 
become a party to the Symbology Plan if: (i) It maintains a market for 
the listing or trading of Plan Securities \5\ in accordance with rules 
approved by the Commission; (ii) it signs a current copy of the Plan; 
and (iii) it pays to the other parties a proportionate share of the 
aggregate development costs, based upon the number of symbols reserved 
by the new party during the first twelve (12) months of such party's 
membership.\6\
---------------------------------------------------------------------------

    \4\ On November 18, 2008, ISE filed with the Commission an 
amendment to the Plan to add ISE as a member to the Plan. See 
Securities and Exchange Act Release No. 59024 (November 26, 2008), 
73 FR 74538 (December 8, 2008) (File No. 4-533). On December 22, 
2008, NYSE, NYSE Arca, and NYSE Alternext (n/k/a NYSE American) 
(``NYSE Group Exchanges''), and Cboe filed with the Commission 
amendments to the Plan to add the NYSE Group Exchanges and Cboe as 
members to the Plan. See Securities Exchange Act Release No. 59162 
(December 24, 2008), 74 FR 132 (January 2, 2009) (File No. 4-533). 
On December 24, 2008, BSE (n/k/a BX) filed with the Commission an 
amendment to the Plan to add BSE as a member to the Plan. See 
Securities Exchange Act Release No. 59187 (December 30, 2008), 74 FR 
729 (January 7, 2009) (File No. 4-533). On September 30, 2009, BATS 
(n/k/a CboeBZX) filed with the Commission an amendment to the Plan 
to add BATS as a member to the Plan. See Securities Exchange Act 
Release No. 60856 (October 21, 2009), 74 FR 55276 (October 27, 2009) 
(File No. 4-533). On July 7, 2010, EDGA (n/k/a CboeEDGA) and EDGX 
(n/k/a CboeEDGX) filed with the Commission an amendment to the Plan 
to add EDGA and EDGX, each as a party to the Symbology Plan. See 
Securities Exchange Act Release No. 62573 (July 26, 2010), 75 FR 
45682 (August 3, 2010) (File No. 4-533). On May 7, 2012, BOX filed 
with the Commission an amendment to the Plan to add BOX as a member 
to the Plan. See Securities and Exchange Act Release No. 66957 (May 
10, 2012), 77 FR 28904 (May 16, 2012). On November 4, 2016, IEX 
filed with the Commission an amendment to the Plan to add IEX as a 
member to the Plan. See Securities Exchange Act Release No. 79422 
(November 29, 2016), 81 FR 87645 (December 5, 2016).
    \5\ ``Plan Securities'' are defined in the Symbology Plan as 
securities that: (i) Are NMS securities as currently defined in Rule 
600(a)(46) under the Act; and (ii) any other equity securities 
quoted, traded and/or trade reported through an SRO facility.
    \6\ Sections I(c) and V(a) of the Plan.
---------------------------------------------------------------------------

    MIAX has submitted a signed copy of the Symbology Plan to the 
Commission in accordance with the requirement set forth in the 
Symbology Plan regarding new parties to the plan. Additionally, MIAX 
has represented that it maintains a market for the listing or trading 
of Plan Securities. Finally, MIAX has agreed to pay all costs required 
by MIAX pursuant to the Symbology Plan, including its proportionate 
share of the aggregate development costs previously paid by the other 
parties to the Processor.

II. Effectiveness of the Proposed Symbology Plan Amendment

    The foregoing proposed Symbology Plan amendment has become 
effective pursuant to Rule 608(b)(3)(iii) \7\ because it involves 
solely technical or

[[Page 12431]]

ministerial matters. At any time within sixty days of the filing of the 
amendment, the Commission may summarily abrogate the amendment and 
require that it be refiled pursuant to paragraph (b)(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 Act.
---------------------------------------------------------------------------

    \7\ 17 CFR 242.608(b)(3)(iii).
    \8\ 17 CFR 242.608(b)(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 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 [email protected]. Please include 
File Number 4-533 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 4-533. 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 website (https://www.sec.gov/rules/sro.shtml). 
Copies of the submission, all subsequent amendments, all written 
statements with respect to the Plan that are filed with the Commission, 
and all written communications relating to the Plan 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 website 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 
Parties' principal offices. All comments received will be posted 
without change. Persons submitting comments are cautioned that we do 
not redact or edit personal identifying information from comment 
submissions. You should submit only information that you wish to make 
available publicly. All submissions should refer to File Number 4-533, 
and should be submitted on or before April 11, 2018.

    By the Commission.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-05645 Filed 3-20-18; 8:45 am]
 BILLING CODE 8011-01-P
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