Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use on Cboe EDGX Exchange, Inc., 34619-34621 [2018-15498]
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Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices
Secretary, Washington, DC 20555 (301–
415–1969), or you may email
Patricia.Jimenez@nrc.gov or
Wendy.Moore@nrc.gov.
Dated: July 18, 2018.
Denise L. McGovern,
Policy Coordinator, Office of the Secretary.
[FR Doc. 2018–15742 Filed 7–18–18; 4:15 pm]
BILLING CODE 7590–01–P
POSTAL REGULATORY COMMISSION
[Docket Nos. CP2018–25, CP2018–269,
MC2018–192 and CP2018–270]
New Postal Products
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recent Postal Service filing for the
Commission’s consideration concerning
negotiated service agreements. This
notice informs the public of the filing,
invites public comment, and takes other
administrative steps.
DATES: Comments are due: July 24,
2018.
SUMMARY:
Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Docketed Proceeding(s)
daltland on DSKBBV9HB2PROD with NOTICES
I. Introduction
The Commission gives notice that the
Postal Service filed request(s) for the
Commission to consider matters related
to negotiated service agreement(s). The
request(s) may propose the addition or
removal of a negotiated service
agreement from the market dominant or
the competitive product list, or the
modification of an existing product
currently appearing on the market
dominant or the competitive product
list.
Section II identifies the docket
number(s) associated with each Postal
Service request, the title of each Postal
Service request, the request’s acceptance
date, and the authority cited by the
Postal Service for each request. For each
VerDate Sep<11>2014
18:06 Jul 19, 2018
Jkt 244001
request, the Commission appoints an
officer of the Commission to represent
the interests of the general public in the
proceeding, pursuant to 39 U.S.C. 505
(Public Representative). Section II also
establishes comment deadline(s)
pertaining to each request.
The public portions of the Postal
Service’s request(s) can be accessed via
the Commission’s website (https://
www.prc.gov). Non-public portions of
the Postal Service’s request(s), if any,
can be accessed through compliance
with the requirements of 39 CFR
3007.40.
The Commission invites comments on
whether the Postal Service’s request(s)
in the captioned docket(s) are consistent
with the policies of title 39. For
request(s) that the Postal Service states
concern market dominant product(s),
applicable statutory and regulatory
requirements include 39 U.S.C. 3622, 39
U.S.C. 3642, 39 CFR part 3010, and 39
CFR part 3020, subpart B. For request(s)
that the Postal Service states concern
competitive product(s), applicable
statutory and regulatory requirements
include 39 U.S.C. 3632, 39 U.S.C. 3633,
39 U.S.C. 3642, 39 CFR part 3015, and
39 CFR part 3020, subpart B. Comment
deadline(s) for each request appear in
section II.
II. Docketed Proceeding(s)
1. Docket No(s).: CP2018–25; Filing
Title: Notice of the United States Postal
Service of Filing Modification One to a
Global Expedited Package Services 7
Negotiated Service Agreement; Filing
Acceptance Date: July 16, 2018; Filing
Authority: 39 CFR 3015.5; Public
Representative: Christopher C. Mohr;
Comments Due: July 24, 2018.
2. Docket No(s).: CP2018–269; Filing
Title: Notice of United States Postal
Service of Filing a Functionally
Equivalent Global Expedited Package
Services 7 Negotiated Service
Agreement and Application for NonPublic Treatment of Materials Filed
Under Seal; Filing Acceptance Date:
July 16, 2018; Filing Authority: 39 CFR
3015.5; Public Representative:
Christopher C. Mohr; Comments Due:
July 24, 2018.
3. Docket No(s).: MC2018–192 and
CP2018–270; Filing Title: USPS Request
to Add Priority Mail Express, Priority
Mail & First-Class Package Service
Contract 41 to Competitive Product List
and Notice of Filing Materials Under
Seal; Filing Acceptance Date: July 16,
2018; Filing Authority: 39 U.S.C. 3642,
39 CFR 3020.30 et seq., and 39 CFR
3015.5; Public Representative:
Christopher C. Mohr; Comments Due:
July 24, 2018.
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34619
This notice will be published in the
Federal Register.
Stacy L. Ruble,
Secretary.
[FR Doc. 2018–15517 Filed 7–19–18; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL SERVICE
Product Change—Priority Mail
Express, Priority Mail, & First-Class
Package Service Negotiated Service
Agreement
Postal ServiceTM.
Notice.
AGENCY:
ACTION:
The Postal Service gives
notice of filing a request with the Postal
Regulatory Commission to add a
domestic shipping services contract to
the list of Negotiated Service
Agreements in the Mail Classification
Schedule’s Competitive Products List.
DATES: Date of required notice: July 20,
2018.
FOR FURTHER INFORMATION CONTACT:
Elizabeth Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION: The
United States Postal Service® hereby
gives notice that, pursuant to 39 U.S.C.
3642 and 3632(b)(3), on July 16, 2018,
it filed with the Postal Regulatory
Commission a USPS Request to Add
Priority Mail Express, Priority Mail, &
First-Class Package Service Contract 41
to Competitive Product List. Documents
are available at www.prc.gov, Docket
Nos. MC2018–192, CP2018–270.
SUMMARY:
Elizabeth Reed,
Attorney, Corporate and Postal Business Law.
[FR Doc. 2018–15482 Filed 7–19–18; 8:45 am]
BILLING CODE 7710–12–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–83645; File No. SR–
CboeEDGX–2018–023]
Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change Related to Fees
for Use on Cboe EDGX Exchange, Inc.
July 16, 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 July 2,
2018, Cboe EDGX Exchange, Inc.
(‘‘Exchange’’ or ‘‘EDGX’’) filed with the
1 15
2 17
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U.S.C. 78s(b)(1).
CFR 240.19b–4.
20JYN1
34620
Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices
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 Exchange has
designated the proposed rule change as
one establishing or changing a member
due, fee, or other charge imposed by the
Exchange under Section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. 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 filed a proposal to
amend the fee schedule to modify
certain Routing Fees.
The text of the proposed rule change
is available at the Exchange’s website at
www.markets.cboe.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
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 parts of such
statements.
daltland on DSKBBV9HB2PROD with NOTICES
(A) Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend its
fee schedule, effective July 2, 2018, to
amend pricing for orders routed for
securities at or above $1.00, which yield
fee code X. The Exchange currently
assesses $0.00290 per share for these
orders. The Exchange is proposing to
increase the rate from $0.00290 per
share to $0.00300 per share. The
Exchange notes that the proposed
amount is in line with amounts assessed
for similar transactions on another
exchange.5
3 15
U.S.C. 78s(b)(3)(A)(ii).
CFR 240.19b–4(f)(2).
5 See e.g., NYSE National, Inc. Schedule of Fees
and Rebates, Section II, Routing Fees.
4 17
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2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
the objectives of Section 6 of the Act,6
in general, and furthers the objectives of
Section 6(b)(4),7 in particular, as it is
designed to provide for the equitable
allocation of reasonable dues, fees and
other charges among its Members and
other persons using its facilities.
Particularly, the Exchange believes its
proposed fees are reasonable taking into
account routing costs and also notes that
the proposed change is in line with the
amount assessed for similar transactions
by another exchange.8 The Exchange
believes the proposed change is
equitable and not unfairly
discriminatory because it applies
equally to all Members. The Exchange
notes that routing through the Exchange
is voluntary and also notes that it
operates in a highly competitive market
in which market participants can
readily direct order flow to competing
venues or providers of routing services
if they deem fee levels to be excessive.
(B) Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change will impose
any burden on competition not
necessary or appropriate in furtherance
of the purposes of the Act. The
Exchange believes the proposed routing
fee will not impose an undue burden on
competition because the Exchange will
uniformly assess the affected routing
fees on all Members. Additionally,
Members may opt to disfavor the
Exchange’s pricing if they believe that
alternatives offer them better value or if
they view the proposed fee as excessive.
Further, excessive fees for participation
would serve to impair an exchange’s
ability to compete for order flow and
members rather than burdening
competition.
(C) Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants or Others
The Exchange has not solicited, and
does not intend to solicit, comments on
this proposed rule change. The
Exchange has not received any written
comments from members or other
interested parties.
U.S.C. 78f.
U.S.C. 78f(b)(4).
8 See e.g., NYSE National, Inc. Schedule of Fees
and Rebates, Section II, Routing Fees.
PO 00000
6 15
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 9 and paragraph (f) of Rule
19b–4 thereunder.10 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.
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–
CboeEDGX–2018–023 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-CboeEDGX–2018–023. 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
7 15
Frm 00085
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9 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f).
10 17
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Federal Register / Vol. 83, No. 140 / Friday, July 20, 2018 / Notices
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–CboeEDGX–2018–023 and
should be submitted on or before
August 10, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–15498 Filed 7–19–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–83640; File No. SR–
CboeBZX–2018–050]
Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change Related to Fees
for Use on Cboe BZX Exchange, Inc.
July 16, 2018.
daltland on DSKBBV9HB2PROD with NOTICES
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 July 5,
2018, Cboe BZX Exchange, Inc.
(‘‘Exchange’’ or ‘‘BZX’’) 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 Exchange has
designated the proposed rule change as
one establishing or changing a member
due, fee, or other charge imposed by the
Exchange under Section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. 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 filed a proposal to
amend the fee schedule applicable to
11 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2).
1 15
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18:06 Jul 19, 2018
Jkt 244001
Members 5 of the Exchange pursuant to
BZX Rules 15.1(a) and (c).
The text of the proposed rule change
is available at the Exchange’s website at
www.markets.cboe.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
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 parts 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 amend its
fee schedule applicable to its equities
trading platform (‘‘BZX Equities’’).
Particularly, the Exchange proposes to
amend the Tape B Volume and Quoting
Tiers effective July 2, 2018.
The Exchange currently offers one
Tape B Volume and Quoting Tier under
footnote 13, which provides an
additional rebate of $0.0001 per share
for orders that add liquidity in Tape B
securities where a Member is enrolled
in at least 50 LMP Securities 6 for which
it meets the following criteria for at least
50% of the trading days in the
applicable month: (1) Member has a
NBBO Time 7 greater than or equal to
5 The term ‘‘Member’’ is defined as ‘‘any
registered broker or dealer that has been admitted
to membership in the Exchange.’’ See Exchange
Rule 1.5(n).
6 ‘‘LMP Securities’’ means a list of securities
included in the Liquidity Management Program, the
universe of which will be determined by the
Exchange and published in a circular distributed to
Members and on the Exchange’s website. Such LMP
Securities will include all Cboe-listed ETPs and
certain non-Cboe-listed ETPs for which the
Exchange wants to incentivize Members to provide
enhanced market quality. All Cboe-listed securities
will be LMP Securities immediately upon listing on
the Exchange. The Exchange will not remove a
security from the list of LMP Securities without 30
days prior notice. See Cboe BZX U.S. Equities
Exchange Fee Schedule.
7 ‘‘NBBO Time’’ means the average of the
percentage of time during regular trading hours
during which the Member maintains at least 100
shares at each of the NBB and NBO. See Cboe BZX
U.S. Equities Exchange Fee Schedule.
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
34621
15% or NBBO Size Time 8 is equal to or
greater than 25%; and (2) Member has
a Displayed Size Time 9 equal to or
greater than 90%. Such rebates are
applicable to orders that add liquidity
which are appended with fee code B.
The Exchange proposes to make two
changes to the Tape B Volume and
Quoting Tier.
First, the Exchange proposes to
require that a Member is enrolled in and
meets the requirements for at least 100
LMP Securities, an increase from the
current requirement of 50. Second, the
Exchange is proposing to require that at
least 10 of the LMP Securities that a
Member is enrolled in and meets the
requirements for are BZX-listed
securities.10
2. Statutory Basis
The Exchange believes that the
proposed rule changes are consistent
with the objectives of Section 6 of the
Act,11 in general, and furthers the
objectives of Section 6(b)(4),12 in
particular, as it is designed to provide
for the equitable allocation of reasonable
dues, fees and other charges among its
Members and other persons using its
facilities. The Exchange also notes that
it operates in a highly-competitive
market in which market participants can
readily direct order flow to competing
venues if they deem fee levels at a
particular venue to be excessive or
incentives to be insufficient. The
proposal reflects a change to a
competitive pricing structure designed
to incent market participants to direct
their order flow to the Exchange and
enhance market quality in LMP
Securities, including BZX-listed
securities, and in Tape B securities.
The Exchange believes that increasing
the threshold for Members to be
enrolled in and meet the requirements
for at least 50 LMP Securities to 100
LMP Securities is a reasonable means to
incentivize Members to meet certain
quoting standards in additional LMP
Securities that the Exchange believes
will narrow spreads, increase size at the
inside, and increase liquidity depth on
8 ‘‘NBBO Size Time’’ means the percentage of
time during regular trading hours during which
there are size-setting quotes at the NBBO on the
Exchange. See Cboe BZX U.S. Equities Exchange
Fee Schedule.
9 ‘‘Displayed Size Time’’ means the percentage of
time during regular trading hours during which the
Member maintains at least 2,500 displayed shares
on the bid and separately maintains at least 2,500
displayed shares on the offer that are priced no
more than 2% away from the NBB and NBO,
respectively. See Cboe BZX U.S. Equities Exchange
Fee Schedule.
10 The Exchange notes that all BZX-listed
securities are by definition LMP Securities.
11 15 U.S.C. 78f.
12 15 U.S.C. 78f(b)(4).
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]]>Agencies
[Federal Register Volume 83, Number 140 (Friday, July 20, 2018)]
[Notices]
[Pages 34619-34621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-15498]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-83645; File No. SR-CboeEDGX-2018-023]
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice
of Filing and Immediate Effectiveness of a Proposed Rule Change Related
to Fees for Use on Cboe EDGX Exchange, Inc.
July 16, 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 July 2, 2018, Cboe EDGX Exchange, Inc. (``Exchange'' or ``EDGX'')
filed with the
[[Page 34620]]
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 Exchange has designated the proposed rule
change as one establishing or changing a member due, fee, or other
charge imposed by the Exchange under Section 19(b)(3)(A)(ii) of the Act
\3\ and Rule 19b-4(f)(2) thereunder,\4\ which renders the proposed rule
change effective upon filing with the Commission. 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.
\3\ 15 U.S.C. 78s(b)(3)(A)(ii).
\4\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange filed a proposal to amend the fee schedule to modify
certain Routing Fees.
The text of the proposed rule change is available at the Exchange's
website at www.markets.cboe.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 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 parts 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 amend its fee schedule, effective July 2,
2018, to amend pricing for orders routed for securities at or above
$1.00, which yield fee code X. The Exchange currently assesses $0.00290
per share for these orders. The Exchange is proposing to increase the
rate from $0.00290 per share to $0.00300 per share. The Exchange notes
that the proposed amount is in line with amounts assessed for similar
transactions on another exchange.\5\
---------------------------------------------------------------------------
\5\ See e.g., NYSE National, Inc. Schedule of Fees and Rebates,
Section II, Routing Fees.
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the objectives of Section 6 of the Act,\6\ in general, and
furthers the objectives of Section 6(b)(4),\7\ in particular, as it is
designed to provide for the equitable allocation of reasonable dues,
fees and other charges among its Members and other persons using its
facilities.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f.
\7\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------
Particularly, the Exchange believes its proposed fees are
reasonable taking into account routing costs and also notes that the
proposed change is in line with the amount assessed for similar
transactions by another exchange.\8\ The Exchange believes the proposed
change is equitable and not unfairly discriminatory because it applies
equally to all Members. The Exchange notes that routing through the
Exchange is voluntary and also notes that it operates in a highly
competitive market in which market participants can readily direct
order flow to competing venues or providers of routing services if they
deem fee levels to be excessive.
---------------------------------------------------------------------------
\8\ See e.g., NYSE National, Inc. Schedule of Fees and Rebates,
Section II, Routing Fees.
---------------------------------------------------------------------------
(B) Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change will
impose any burden on competition not necessary or appropriate in
furtherance of the purposes of the Act. The Exchange believes the
proposed routing fee will not impose an undue burden on competition
because the Exchange will uniformly assess the affected routing fees on
all Members. Additionally, Members may opt to disfavor the Exchange's
pricing if they believe that alternatives offer them better value or if
they view the proposed fee as excessive. Further, excessive fees for
participation would serve to impair an exchange's ability to compete
for order flow and members rather than burdening competition.
(C) Self-Regulatory Organization's Statement on Comments on the
Proposed Rule Change Received From Members, Participants or Others
The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any written comments from members or other interested parties.
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 \9\ and paragraph (f) of Rule 19b-4
thereunder.\10\ 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.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78s(b)(3)(A).
\10\ 17 CFR 240.19b-4(f).
---------------------------------------------------------------------------
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-CboeEDGX-2018-023 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-CboeEDGX-2018-023. 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
[[Page 34621]]
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-
CboeEDGX-2018-023 and should be submitted on or before August 10, 2018.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-15498 Filed 7-19-18; 8:45 am]
BILLING CODE 8011-01-P
