Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of the Proposed Rule Change To Amend the Descriptions of Certain Data Feeds Within Chapter VI, Section 19 Entitled “Data Feeds and Trade Information.”, 26129-26131 [2018-11983]
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Federal Register / Vol. 83, No. 108 / Tuesday, June 5, 2018 / Notices
of the purposes of the Act. The data feed
offerings are available to any market
participant. The Exchange’s proposal to
amend the data offerings will bring
greater transparency to the Rulebook.
The amendments seek to add greater
clarity to the data offerings and conform
the text of the offerings.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the 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 from the date on
which it was filed, or such shorter time
as the Commission may designate, if
consistent with the protection of
investors and the public interest, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 7 and Rule 19b–4(f)(6)
thereunder.8
A proposed rule change filed under
Rule 19b–4(f)(6) 9 normally does not
become operative for 30 days after the
date of filing. However, pursuant to
Rule 19b–4(f)(6)(iii),10 the Commission
may designate a shorter time if such
action is consistent with the protection
of investors and the public interest. The
Exchange has asked the Commission to
waive the 30-day operative delay so that
the proposal may become operative
immediately upon filing. The Exchange
has asked the Commission to waive the
30-day operative delay so that the
proposal may become operative upon
filing. The Exchange states that such
waiver will allow it to update its rules
to provide more detail regarding its data
offerings and will further the protection
of investors and the public interest
because it will provide greater
transparency as to the data offerings
available to members. For this reason,
the Commission believes that waiving
the 30-day operative delay is consistent
7 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires the Exchange to give the
Commission written notice the Exchange’s 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. The Exchange
has satisfied this requirement.
9 17 CFR 240.19b–4(f)(6).
10 17 CFR 240.19b–4(f)(6)(iii).
amozie on DSK3GDR082PROD with NOTICES1
8 17
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20:19 Jun 04, 2018
Jkt 241001
with the protection of investors and the
public interest and, therefore, the
Commission designates the proposed
rule change to be operative upon
filing.11
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 SR–
Phlx–2018–43 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–Phlx–2018–43. 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
11 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
PO 00000
Frm 00135
Fmt 4703
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26129
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–Phlx–2018–43 and should
be submitted on or before June 26, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–11982 Filed 6–4–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–83346; File No. SR–BX–
2018–021]
Self-Regulatory Organizations; Nasdaq
BX, Inc.; Notice of Filing and
Immediate Effectiveness of the
Proposed Rule Change To Amend the
Descriptions of Certain Data Feeds
Within Chapter VI, Section 19 Entitled
‘‘Data Feeds and Trade Information.’’
May 30, 2018.
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 May 25,
2018, Nasdaq BX, Inc. (‘‘BX’’ or
‘‘Exchange’’) 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 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 the
descriptions of certain data feeds within
Chapter VI, Section 19 entitled ‘‘Data
Feeds and Trade Information.’’ The text
of the proposed rule change is available
on the Exchange’s website at https://
nasdaqbx.cchwallstreet.com/, at the
12 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
E:\FR\FM\05JNN1.SGM
05JNN1
26130
Federal Register / Vol. 83, No. 108 / Tuesday, June 5, 2018 / Notices
principal office of the Exchange, and at
the Commission’s Public Reference
Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and the
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 the
Statutory Basis for, the Proposed Rule
Change
amozie on DSK3GDR082PROD with NOTICES1
1. Purpose
The Exchange proposes to amend
Chapter VI, Section 19 entitled ‘‘Data
Feeds and Trade Information’’ to: (i) To
further detail the type of information
available on BX Depth of Market (BX
Depth); and (ii) add a sentence to BX
Depth and BX Top of Market (BX Top)
which describes symbol directory
information with a more specific
description of the options symbol
directory that was recently utilized in
ISE Rule 718(a).3
The Exchange desires to amend the
description for BX Depth which
currently provides, ‘‘BX Depth is a data
feed that provides quotation information
for individual orders on the BX Options
book, last sale information for trades
executed on BX Options, and Order
Imbalance Information as set forth in BX
Options Rules Chapter VI, Section 8.’’
The Exchange proposes to amend this
sentence to provide, ‘‘BX Depth is a data
feed that provides full order and quote
depth information for individual orders
and quotes on the BX Options book, last
sale information for trades executed on
BX Options, and Order Imbalance
Information as set forth in BX Options
Rules Chapter VI, Section 8.’’ The
Exchange proposes this language to
make clear that this data feed has full
order and quote information and not top
of book information. The Exchange
believes this proposed language will
3 The data provided for each options series
includes the symbols (series and underlying
security), put or call indicator, expiration date, the
strike price of the series, and whether the option
series is available for trading on ISE and identifies
if the series is available for closing transactions
only.
VerDate Sep<11>2014
20:19 Jun 04, 2018
Jkt 241001
bring greater clarity to this description.
The BX Depth feed is not changing.
Also, today BX Depth and BX Top
have an options symbol directory within
those data feeds. The Exchange
proposes to add a sentence to each of
those data feeds to describe the data
provided for each options series. The
data includes the symbol (series and
underlying security), put or call
indicator, expiration date, the strike
price of the series, and whether the
option series is available for trading on
BX and identifies if the series is
available for closing transactions only.
The Exchange inadvertently excluded
this information when it originally filed
the description for these feeds. The
Exchange believes that adding this
language will bring greater clarity to
each of these feeds.
The Exchange also proposes to
replace the word ‘‘Exchange’’ with ‘‘BX’’
in Section 19(a).
necessary or appropriate in furtherance
of the purposes of the Act. The data feed
offerings are available to any market
participant. The Exchange’s proposal to
amend the data offerings will bring
greater transparency to the Rulebook.
The amendments seek to add greater
clarity to the data offerings and conform
the text of the offerings.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the 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
2. Statutory Basis
operative for 30 days from the date on
which it was filed, or such shorter time
The Exchange believes that the
proposed rule change is consistent with as the Commission may designate, if
consistent with the protection of
Section 6(b) of the Securities Exchange
Act of 1934,4 in general, and furthers the investors and the public interest, the
objectives of Section 6(b)(5) of the Act,5 proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
in particular, in that it is designed to
7
promote just and equitable principles of of the Act and Rule 19b–4(f)(6)
thereunder.8
trade, to remove impediments to and
A proposed rule change filed under
perfect the mechanism for a free and
Rule 19b–4(f)(6) 9 normally does not
open market and a national market
become operative for 30 days after the
system, and, in general, to protect
date of filing. However, pursuant to
investors and the public interest, by
Rule 19b–4(f)(6)(iii),10 the Commission
providing greater transparency to the
may designate a shorter time if such
data feed information offered on BX.
action is consistent with the protection
The Exchange’s proposal to add more
of investors and the public interest. The
detail to both the BX Depth and BX Top
Exchange has asked the Commission to
data feeds will bring greater
waive the 30-day operative delay so that
transparency to the Exchange’s Rules.
the proposal may become operative
The Exchange believes that the
immediately upon filing. The Exchange
proposed rule change is consistent with
has asked the Commission to waive the
the protection of investors and the
30-day operative delay so that the
public interest as it provides
proposal may become operative upon
information relating to the data
filing. The Exchange states that such
available on the Exchange for the benefit
waiver will allow it to update its rules
of its Participants within its Rules and
to provide more detail regarding its data
adds greater transparency to these
offerings and will further the protection
offerings. Finally, the amendments seek
of investors and the public interest
to add greater clarity to the data
because it will provide greater
offerings and conform the text of the
transparency as to the data offerings
offerings across its Nasdaq affiliated
available to members. For this reason,
markets.
the Commission believes that waiving
B. Self-Regulatory Organization’s
7 15 U.S.C. 78s(b)(3)(A).
Statement on Burden on Competition
8 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
In accordance with Section 6(b)(8) of
4(f)(6)(iii) requires the Exchange to give the
the Act,6 the Exchange does not believe
Commission written notice the Exchange’s intent to
file the proposed rule change, along with a brief
that the proposed rule change will
description and text of the proposed rule change at
impose any burden on intermarket or
least five business days prior to the date of filing
intra-market competition that is not
of the proposed rule change, or such shorter time
as designated by the Commission. The Exchange
has satisfied this requirement.
9 17 CFR 240.19b–4(f)(6).
10 17 CFR 240.19b–4(f)(6)(iii).
4 15
U.S.C. 78f(b).
5 15 U.S.C. 78f(b)(5).
6 15 U.S.C. 78f(b)(8).
PO 00000
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Fmt 4703
Sfmt 4703
E:\FR\FM\05JNN1.SGM
05JNN1
Federal Register / Vol. 83, No. 108 / Tuesday, June 5, 2018 / Notices
the 30-day operative delay is consistent
with the protection of investors and the
public interest and, therefore, the
Commission designates the proposed
rule change to be operative upon
filing.11
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:
amozie on DSK3GDR082PROD with NOTICES1
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–
BX–2018–021 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–BX–2018–021. 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
11 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
VerDate Sep<11>2014
20:19 Jun 04, 2018
Jkt 241001
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.
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–BX–2018–021 and should
be submitted on or before June 26, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–11983 Filed 6–4–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
2:00 p.m. on Thursday,
June 7, 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.
TIME AND DATE:
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
Brent J. Fields from the Office of the
Secretary at (202) 551–5400.
Dated: May 31, 2018.
Brent J. Fields,
Secretary.
[FR Doc. 2018–12116 Filed 6–1–18; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–83347; File No. SR–
NYSEAMER–2018–17]
Self-Regulatory Organizations; NYSE
American LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change To Amend the
Intercontinental Exchange, Inc.
Director Independence Policy
May 30, 2018.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on May 22,
2018, NYSE American LLC (the
‘‘Exchange’’ or ‘‘NYSE American’’) filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the self-regulatory
organization. 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 the
Intercontinental Exchange, Inc. (‘‘ICE’’)
director independence policy
(‘‘Independence Policy’’) in connection
with a transaction (‘‘Transaction’’)
whereby Chicago Stock Exchange, Inc.
(‘‘CHX’’) and its direct parent, CHX
Holdings, Inc. (‘‘CHX Holdings’’), would
become indirect subsidiaries of
Intercontinental Exchange, Inc. (‘‘ICE’’),
the ultimate parent of the Exchange. The
proposed rule change is available on the
Exchange’s website at www.nyse.com, at
the principal office of the Exchange, and
at the Commission’s Public Reference
Room.
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
12 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00137
Fmt 4703
Sfmt 4703
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E:\FR\FM\05JNN1.SGM
05JNN1
]]>Agencies
[Federal Register Volume 83, Number 108 (Tuesday, June 5, 2018)]
[Notices]
[Pages 26129-26131]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-11983]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-83346; File No. SR-BX-2018-021]
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing
and Immediate Effectiveness of the Proposed Rule Change To Amend the
Descriptions of Certain Data Feeds Within Chapter VI, Section 19
Entitled ``Data Feeds and Trade Information.''
May 30, 2018.
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 May 25, 2018, Nasdaq BX, Inc. (``BX'' or ``Exchange'') 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 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 the descriptions of certain data
feeds within Chapter VI, Section 19 entitled ``Data Feeds and Trade
Information.'' The text of the proposed rule change is available on the
Exchange's website at https://nasdaqbx.cchwallstreet.com/, at the
[[Page 26130]]
principal office of the Exchange, and at the Commission's Public
Reference Room.
II. Self-Regulatory Organization's Statement of the Purpose of, and the
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 the
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to amend Chapter VI, Section 19 entitled
``Data Feeds and Trade Information'' to: (i) To further detail the type
of information available on BX Depth of Market (BX Depth); and (ii) add
a sentence to BX Depth and BX Top of Market (BX Top) which describes
symbol directory information with a more specific description of the
options symbol directory that was recently utilized in ISE Rule
718(a).\3\
---------------------------------------------------------------------------
\3\ The data provided for each options series includes the
symbols (series and underlying security), put or call indicator,
expiration date, the strike price of the series, and whether the
option series is available for trading on ISE and identifies if the
series is available for closing transactions only.
---------------------------------------------------------------------------
The Exchange desires to amend the description for BX Depth which
currently provides, ``BX Depth is a data feed that provides quotation
information for individual orders on the BX Options book, last sale
information for trades executed on BX Options, and Order Imbalance
Information as set forth in BX Options Rules Chapter VI, Section 8.''
The Exchange proposes to amend this sentence to provide, ``BX Depth is
a data feed that provides full order and quote depth information for
individual orders and quotes on the BX Options book, last sale
information for trades executed on BX Options, and Order Imbalance
Information as set forth in BX Options Rules Chapter VI, Section 8.''
The Exchange proposes this language to make clear that this data feed
has full order and quote information and not top of book information.
The Exchange believes this proposed language will bring greater clarity
to this description. The BX Depth feed is not changing.
Also, today BX Depth and BX Top have an options symbol directory
within those data feeds. The Exchange proposes to add a sentence to
each of those data feeds to describe the data provided for each options
series. The data includes the symbol (series and underlying security),
put or call indicator, expiration date, the strike price of the series,
and whether the option series is available for trading on BX and
identifies if the series is available for closing transactions only.
The Exchange inadvertently excluded this information when it originally
filed the description for these feeds. The Exchange believes that
adding this language will bring greater clarity to each of these feeds.
The Exchange also proposes to replace the word ``Exchange'' with
``BX'' in Section 19(a).
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Securities Exchange Act of 1934,\4\ in
general, and furthers the objectives of Section 6(b)(5) of the Act,\5\
in particular, in that it is designed to promote just and equitable
principles of trade, to remove impediments to and perfect the mechanism
for a free and open market and a national market system, and, in
general, to protect investors and the public interest, by providing
greater transparency to the data feed information offered on BX. The
Exchange's proposal to add more detail to both the BX Depth and BX Top
data feeds will bring greater transparency to the Exchange's Rules. The
Exchange believes that the proposed rule change is consistent with the
protection of investors and the public interest as it provides
information relating to the data available on the Exchange for the
benefit of its Participants within its Rules and adds greater
transparency to these offerings. Finally, the amendments seek to add
greater clarity to the data offerings and conform the text of the
offerings across its Nasdaq affiliated markets.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b).
\5\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
In accordance with Section 6(b)(8) of the Act,\6\ the Exchange does
not believe that the proposed rule change will impose any burden on
intermarket or intra-market competition that is not necessary or
appropriate in furtherance of the purposes of the Act. The data feed
offerings are available to any market participant. The Exchange's
proposal to amend the data offerings will bring greater transparency to
the Rulebook. The amendments seek to add greater clarity to the data
offerings and conform the text of the offerings.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f(b)(8).
---------------------------------------------------------------------------
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
No written comments were either solicited or received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the 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 from the date on which it was filed, or such shorter time as the
Commission may designate, if consistent with the protection of
investors and the public interest, the proposed rule change has become
effective pursuant to Section 19(b)(3)(A) of the Act \7\ and Rule 19b-
4(f)(6) thereunder.\8\
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(3)(A).
\8\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires the Exchange to give the Commission written notice the
Exchange's 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. The
Exchange has satisfied this requirement.
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A proposed rule change filed under Rule 19b-4(f)(6) \9\ normally
does not become operative for 30 days after the date of filing.
However, pursuant to Rule 19b-4(f)(6)(iii),\10\ the Commission may
designate a shorter time if such action is consistent with the
protection of investors and the public interest. The Exchange has asked
the Commission to waive the 30-day operative delay so that the proposal
may become operative immediately upon filing. The Exchange has asked
the Commission to waive the 30-day operative delay so that the proposal
may become operative upon filing. The Exchange states that such waiver
will allow it to update its rules to provide more detail regarding its
data offerings and will further the protection of investors and the
public interest because it will provide greater transparency as to the
data offerings available to members. For this reason, the Commission
believes that waiving
[[Page 26131]]
the 30-day operative delay is consistent with the protection of
investors and the public interest and, therefore, the Commission
designates the proposed rule change to be operative upon filing.\11\
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\9\ 17 CFR 240.19b-4(f)(6).
\10\ 17 CFR 240.19b-4(f)(6)(iii).
\11\ For purposes only of waiving the 30-day operative delay,
the Commission has also considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
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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 [email protected]. Please include
File Number SR-BX-2018-021 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-BX-2018-021. 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 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-BX-2018-021 and should be submitted on
or before June 26, 2018.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
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\12\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-11983 Filed 6-4-18; 8:45 am]
BILLING CODE 8011-01-P
