Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Amend Rules 7150 and 7245, 30471 [2018-13886]
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Federal Register / Vol. 83, No. 125 / Thursday, June 28, 2018 / Notices
Public Representative: Gregory Stanton;
Comments Due: July 2, 2018.
This Notice will be published in the
Federal Register.
Stacy L. Ruble,
Secretary.
[FR Doc. 2018–13930 Filed 6–27–18; 8:45 am]
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[FR Doc. 2018–13879 Filed 6–27–18; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
amozie on DSK3GDR082PROD with NOTICES1
[Release No. 34–83499; File No. SR–BOX–
2018–17)]
Self-Regulatory Organizations; BOX
Options Exchange LLC; Notice of
Withdrawal of Proposed Rule Change
To Amend Rules 7150 and 7245
June 22, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.4
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–13886 Filed 6–27–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–83500; File No. SR–BOX–
2018–23]
Self-Regulatory Organizations; BOX
Options Exchange LLC; Notice of
Filing and Immediate Effectiveness of
a Proposed Rule Change To Amend
Rule 7260 by Extending the Penny
Pilot Program Through December 31,
2018
June 22, 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 June 18,
2018, BOX Options Exchange LLC (the
‘‘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 self-regulatory organization. The
Commission is publishing this notice to
solicit comments on the proposed rule
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Rule 7260 by extending the Penny Pilot
Program through December 31, 2018.
The text of the proposed rule change is
available from the principal office of the
Exchange, at the Commission’s Public
1 15
On May 14, 2018, BOX Options
Exchange LLC (the ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
VerDate Sep<11>2014
Exchange Act of 1934 1 and Rule 19b–
4 thereunder,2 a proposed rule change
to amend Rules 7150 and 7245 to
provide certain account type
information in its Price Improvement
Period and Complex Price Improvement
Period auction notifications. The
proposed rule change was published for
comment in the Federal Register on
May 31, 2018.3 The Commission
received no comment letters on the
proposal. On June 20, 2018, the
Exchange withdrew the proposed rule
change (SR–BOX–2018–17).
17:08 Jun 27, 2018
Jkt 244001
U.S.C. 78s(b)(1).
17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 83317
(May 24, 2018), 83 FR 25074.
4 17 CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
2
PO 00000
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30471
Reference Room and also on the
Exchange’s internet website at https://
boxoptions.com.
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
self-regulatory organization 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 self-regulatory organization 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
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to extend the
effective time period of the Penny Pilot
Program that is currently scheduled to
expire on June 30, 2018, until December
31, 2018.3 The Penny Pilot Program
permits certain classes to be quoted in
penny increments. The minimum price
variation for all classes included in the
Penny Pilot Program, except for
PowerShares QQQ Trust (‘‘QQQQ’’)®,
SPDR S&P 500 Exchange Traded Funds
(‘‘SPY’’), and iShares Russell 2000 Index
Funds (‘‘IWM’’), will continue to be
$0.01 for all quotations in options series
that are quoted at less than $3 per
contract and $0.05 for all quotations in
options series that are quoted at $3 per
contract or greater. QQQQ, SPY, and
3 The Penny Pilot Program has been in effect on
the Exchange since its inception in May 2012. See
Securities Exchange Act Release Nos. 66871 (April
27, 2012), 77 FR 26323 (May 3, 2012) (File No. 10–
206, In the Matter of the Application of BOX
Options Exchange LLC for Registration as a
National Securities Exchange Findings, Opinion,
and Order of the Commission), 67328 (June 29,
2012), 77 FR 40123 (July 6, 2012) (SR–BOX–2012–
007), 68425 (December 13, 2012), 77 FR 75234
(December 19, 2013) (SR–BOX–2012–021), 69789
(June 18, 2013), 78 FR 37854 (June 24, 2013) (SR–
BOX–2013–31), 71056 (December 12, 2013), 78 FR
76691 (December 18, 2013) (SR–BOX–2013–56),
72348 (June 9, 2014), 79 FR 33976 (June 13, 2014)
(SR–BOX–2014–17), 73822 (December 11, 2014), 79
FR 75606 (December 18, 2014) (SR–BOX–2014–29),
75295 (June 25, 2015), 80 FR 37690 (July 1,
2015)(SR–BOX–2015–23), 78172 (June 28, 2016), 81
FR 43325 (July 1, 2016)(SR–BOX–2016–24), 79429
(November 30, 2016), 81 FR 87991 (December 6,
2016)(SR–BOX–2016–55); 80828 (May 31, 2017), 82
FR 26175 (June 6, 2017) (SR–BOX–2017–18) and
82353 (December 19, 2017), 82 FR 61087 (December
26, 2017). The extension of the effective date and
the revision of the date to replace issues that have
been delisted are the only changes to the Penny
Pilot Program being proposed at this time.
E:\FR\FM\28JNN1.SGM
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Agencies
[Federal Register Volume 83, Number 125 (Thursday, June 28, 2018)]
[Notices]
[Page 30471]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-13886]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-83499; File No. SR-BOX-2018-17)]
Self-Regulatory Organizations; BOX Options Exchange LLC; Notice
of Withdrawal of Proposed Rule Change To Amend Rules 7150 and 7245
June 22, 2018.
On May 14, 2018, BOX Options Exchange LLC (the ``Exchange'') filed
with the Securities and Exchange Commission (``Commission''), pursuant
to Section 19(b)(1) of the Securities Exchange Act of 1934 \1\ and Rule
19b-4 thereunder,\2\ a proposed rule change to amend Rules 7150 and
7245 to provide certain account type information in its Price
Improvement Period and Complex Price Improvement Period auction
notifications. The proposed rule change was published for comment in
the Federal Register on May 31, 2018.\3\ The Commission received no
comment letters on the proposal. On June 20, 2018, the Exchange
withdrew the proposed rule change (SR-BOX-2018-17).
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 83317 (May 24,
2018), 83 FR 25074.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\4\
---------------------------------------------------------------------------
\4\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-13886 Filed 6-27-18; 8:45 am]
BILLING CODE 8011-01-P