Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Pricing Schedule at Section II To Clarify Fees Applicable To Correcting “As/of” or “Reversal” Trades, 23008 [C1-2018-08729]

Download as PDF 23008 Federal Register / Vol. 83, No. 96 / Thursday, May 17, 2018 / Notices 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 the Section 6(b)(5) 5 requirement that the rules of an exchange not be designed to permit unfair discrimination between customers, issuers, brokers, or dealers. In particular, the Exchange believes removing the marketing fee to RUT options is reasonable, because it is a fee that will no longer apply to RUT transactions. The proposed change is also equitable and not unfairly discriminatory because it applies uniformly to all Trading Permit Holders and because the marketing fee does not apply to other Underlying Symbol List A products, of which group RUT belongs. B. Self-Regulatory Organization’s Statement on Burden on Competition daltland on DSKBBV9HB2PROD with NOTICES The Exchange 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 the proposed change applies uniformly to Trading Permit Holders and TPHs will no longer have to pay a marketing fee for RUT transactions. The Exchange does not believe that the proposed rule change will impose any burden on intermarket competition that is not necessary or appropriate in furtherance of the purposes of the Act because RUT is exclusively listed on Cboe Options and C2. To the extent that the proposed changes make Cboe Options a more attractive marketplace for market participants at other exchanges, such market participants are welcome to become Cboe Options market participants. 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. 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– CBOE–2018–034 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–CBOE–2018–034. 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 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 website viewing and printing in the Commission’s Public 6 15 5 Id. VerDate Sep<11>2014 7 17 18:36 May 16, 2018 Jkt 244001 PO 00000 U.S.C. 78s(b)(3)(A). CFR 240.19b–4(f). Frm 00065 Fmt 4703 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. 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 SR–CBOE–2018–034, and should be submitted on or before June 7, 2018. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.8 Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018–10503 Filed 5–16–18; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–83080; File No. SR–Phlx– 2018–31] Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange’s Pricing Schedule at Section II To Clarify Fees Applicable To Correcting ‘‘As/of’’ or ‘‘Reversal’’ Trades April 20, 2018. Correction In notice document 2018–08729, beginning on page 18630 in the issue of Thursday, April 26, 2018, make the following correction: On page 18630, in the middle column, in the document heading, ‘‘[Release No. 34–83080; File No. SR–18–31]’’ should read ‘‘[Release No. 34–83080; File No. SR–Phlx–2018–31]’’. [FR Doc. C1–2018–08729 Filed 5–16–18; 8:45 am] BILLING CODE 1301–00–D 8 17 Sfmt 9990 CFR 200.30–3(a)(12). E:\FR\FM\17MYN1.SGM 17MYN1

Agencies

[Federal Register Volume 83, Number 96 (Thursday, May 17, 2018)]
[Notices]
[Page 23008]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: C1-2018-08729]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83080; File No. SR-Phlx-2018-31]


Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change To Amend the 
Exchange's Pricing Schedule at Section II To Clarify Fees Applicable To 
Correcting ``As/of'' or ``Reversal'' Trades

April 20, 2018.

Correction

    In notice document 2018-08729, beginning on page 18630 in the issue 
of Thursday, April 26, 2018, make the following correction:
    On page 18630, in the middle column, in the document heading, 
``[Release No. 34-83080; File No. SR-18-31]'' should read ``[Release 
No. 34-83080; File No. SR-Phlx-2018-31]''.

[FR Doc. C1-2018-08729 Filed 5-16-18; 8:45 am]
BILLING CODE 1301-00-D
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