Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change of Non-Substantive Amendments to Rules 1.1, 7.31, and 7.46, 53324-53326 [2018-22905]
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Federal Register / Vol. 83, No. 204 / Monday, October 22, 2018 / Notices
The following Schedule C appointing
authorities were revoked during May
2018.
Organization name
Position title
DEPARTMENT OF COMMERCE ..
Office of Public Affairs ...................
OFFICE OF THE SECRETARY OF
DEFENSE.
DEPARTMENT OF EDUCATION ..
Office of the Secretary of Defense
Deputy Director of Speechwriting ..
Press Assistant ..............................
Speechwriter ..................................
DC170075
DC170057
DD180034
05/12/2018
05/15/2018
05/26/2018
Confidential Assistant (2) ...............
Physical Scientist (Senior Advisor)
Policy Advisor ................................
DB180026
DB170102
DE180016
DH170339
05/14/2018
05/26/2018
05/26/2018
05/06/2018
Confidential Assistant ....................
DH170086
05/12/2018
Senior Advisor ................................
Special Policy Advisor ...................
DH170103
DU170113
05/12/2018
05/12/2018
Director of Communications ..........
Counsel ..........................................
Special Assistant ............................
Counselor to the Secretary ............
Special Assistant (Scheduler) ........
Special Advisor ..............................
Special Assistant ............................
DU170141
DJ170048
DL180053
DL170052
DS180027
DS170147
DN170022
05/12/2018
05/03/2018
05/26/2018
05/26/2018
05/12/2018
05/26/2018
05/26/2018
Special Assistant ............................
DY170113
05/04/2018
Special Assistant for Scheduling
and Advance.
Deputy Associate Administrator for
State and Regional Affairs.
Special Advisor ..............................
DT170137
05/11/2018
EP170085
05/13/2018
SB170021
05/05/2018
Special Advisor ..............................
SB180021
05/12/2018
DEPARTMENT OF ENERGY ........
DEPARTMENT OF HEALTH AND
HUMAN SERVICES.
DEPARTMENT
OF
HOUSING
AND URBAN DEVELOPMENT.
DEPARTMENT OF JUSTICE .........
DEPARTMENT OF LABOR ...........
DEPARTMENT OF STATE ............
DEPARTMENT OF THE NAVY .....
DEPARTMENT OF THE TREASURY.
DEPARTMENT OF TRANSPORTATION.
ENVIRONMENTAL PROTECTION
AGENCY.
SMALL BUSINESS ADMINISTRATION.
Office of Elementary and Secondary Education.
Office of Science ............................
Office of Refugee Resettlement/Office of the Director.
Administration for Children and
Families.
Office of Global Affairs ...................
Office of Public and Indian Housing.
Office of Public Affairs ...................
Office of Legal Policy .....................
Office of Public Liaison ..................
Office of the Secretary ...................
Office of the Secretary ...................
Office of the Under Secretary of
the Navy.
Department of the Treasury ...........
Secretary ........................................
Office of Public Affairs ...................
Office of Capital Access ................
Office of Congressional and Legislative Affairs.
Authority: 5 U.S.C. 3301 and 3302; E.O.
10577, 3 CFR, 1954–1958 Comp., p. 218.
3, 2018, New York Stock Exchange LLC
(‘‘NYSE’’ or the ‘‘Exchange’’) 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.
U.S. Office of Personnel Management.
Alexys Stanley,
Regulatory Affairs Analyst,
[FR Doc. 2018–22685 Filed 10–19–18; 8:45 am]
BILLING CODE 6325–39–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84434; File No. SR–NYSE–
2018–48]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change of NonSubstantive Amendments to Rules 1.1,
7.31, and 7.46
October 16, 2018.
daltland on DSKBBV9HB2PROD with NOTICES
Request
number
Agency name
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 October
1 15
U.S.C.78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
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I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes nonsubstantive amendments to Rules 1.1,
7.31, and 7.46. 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.
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,
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Date vacated
and basis for, the proposed rule change
and discussed any comments it received
on the proposed rule change. The text
of those 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 the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to reorganize
the terms defined in Rule 1.1,
Definitions, to place them in
alphabetical order. The Exchange does
not propose to amend the definition of
any term that is currently defined in
Rule 1.1. The Exchange also proposes to
adopt a definition of the term
‘‘Exchange Act’’ under Rule 1.1(h),
which would be defined as ‘‘the
Securities Exchange Act of 1934, as
amended.’’ This definition is identical
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to the same definition in the rules of the
Exchange’s affiliate, NYSE Arca.4
The Exchange also proposes to amend
Rules 7.31 and 7.46 to re-name ‘‘Limit
Non-Routable Order’’ as ‘‘Non-Routable
Limit Order’’ and ‘‘Limit Non-Displayed
Order’’ as ‘‘Non-Displayed Limit
Order.’’ These proposed rule changes
are based on the terms used by the
Exchange’s affiliates, NYSE American
LLC (‘‘NYSE American’’) and NYSE
Arca, for the same order types.5 In both
cases, the Exchange believes that it
promotes clarity and consistency in its
rules to move the respective modifier for
each of these rules before the term
‘‘Limit Order.’’ The Exchange does not
propose to amend the operation of
either order type.
and a national market system because
the proposed changes are designed to
promote clarity and consistency in
Exchange rules by moving the modifier
describing the function of the order type
before the term ‘‘Limit Order.’’ The
Exchange does not propose any changes
to the operation of either order type.
These proposed rule changes are also
based on the terms used by the
Exchange’s affiliates, NYSE American
and NYSE Arca, for the same order
types,9 and would, therefore, remove
impediments to, and perfect the
mechanism of, a free and open market
and a national market system by
ensuring consistent terms are use
amongst the Exchange and its affiliates
for the same order types.
2. Statutory Basis
The proposed rule change is
consistent with Section 6(b) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),6 in general, and furthers the
objectives of Section 6(b)(5),7 in
particular, because it is designed to
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade, to foster
cooperation and coordination with
persons engaged in 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.
The Exchange believes that
alphabetizing the defined terms under
Rule 1.1 would remove impediments to,
and perfect the mechanism of, a free and
open market and a national market
system because it add clarity to the
Exchange’s rules and make the defined
terms easier to navigate. The Exchange
does not propose to amend the
definition of any term that is currently
defined in Rule 1.1. In addition, the
proposed definition of the term
‘‘Exchange Act’’ under Rule 1.1(h), is
identical to the same definition in the
rules of the Exchange’s affiliate, NYSE
Arca.8
The Exchange also believes that
renaming ‘‘Limit Non-Displayed Order’’
as ‘‘Non-Displayed Limit Order’’ and
‘‘Limit Non-Routable Order’’ as ‘‘NonRoutable Limit Order’’ would remove
impediments to and perfect the
mechanism of a free and open market
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 that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed rule change will not have any
impact on competition because it
simply alphabetize definitions and
renames two order types and does not
make any changes to the operation of
those order types or to alter any existing
definition. In addition, the proposed
definition of ‘‘Exchange Act’’ will not
have a competitive impact because the
new definition is intended to simply
add clarity to the Exchange’s rules and
is identical to the same definition in the
rules of the Exchange’s affiliate, NYSE
Arca.10
NYSE Arca Rule 1.1(q).
NYSE American Rules 7.31E(d)(2),
7.31E(e)(1)(E), 7.46E(f)(5)(E), and 7.46–E(f)(5)(F).
See also NYSE Arca Rule 7.31–E(d)(2), 7.31–E(e)(1),
7.46–E(f)(5)(E), and 7.46–E(f)(5)(F).
6 15 U.S.C. 78f(b).
7 15 U.S.C. 78f(b)(5).
8 See NYSE Arca Rule 1.1(q).
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The Exchange has filed the proposed
rule change pursuant to Section
19(b)(3)(A)(iii) of the Act 11 and Rule
19b–4(f)(6) thereunder.12 Because the
foregoing proposed rule does not (i)
significantly affect the protection of
investors or the public interest; (ii)
impose any significant burden on
competition; and (iii) become operative
4 See
5 See
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9 See NYSE American Rules 7.31E(d)(2),
7.31E(e)(1)(E), 7.46E(f)(5)(E), and 7.46–E(f)(5)(F).
See also NYSE Arca Rule 7.31–E(d)(2), 7.31–E(e)(1),
7.46–E(f)(5)(E), and 7.46–E(f)(5)(F).
10 See NYSE Arca Rule 1.1(q).
11 15 U.S.C. 78s(b)(3)(A)(iii).
12 17 CFR 240.19b–4(f)(6).
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53325
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, provided that the selfregulatory organization has given the
Commission written notice of its intent
to file 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,13 the proposed rule
change has become effective pursuant to
Section 19(b)(3)(A) of the Act 14 and
Rule 19b–4(f)(6) thereunder.15
At any time within 60 days of the
filing of such 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
under Section 19(b)(2)(B) 16 of the Act 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–
NYSE–2018–48 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 SR–NYSE–2018–48. 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
13 The
Exchange has satisfied this requirement.
U.S.C. 78s(b)(3)(A).
15 17 CFR 240.19b–4(f)(6).
16 15 U.S.C. 78s(b)(2)(B).
14 15
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Federal Register / Vol. 83, No. 204 / Monday, October 22, 2018 / Notices
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–NYSE–2018–48 and should
be submitted on or before November 13,
2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.17
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–22905 Filed 10–19–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
daltland on DSKBBV9HB2PROD with NOTICES
Securities Exchange Act of 1934;
Release No. 34–84440/October 16,
2018; Investment Company Act of
1940; Release No. IC–33272/October
16, 2018; Order Under Section 15b,
Section 17a and Section 36 of the
Securities Exchange Act of 1934
Granting Exemptions From Specified
Provisions of the Exchange Act and
Certain Rules Thereunder; Order
Under Section 6(C) and Section 38(A)
of the Investment Company Act of
1940 Granting Exemptions From
Specified Provisions of the Investment
Company Act and Certain Rules
Thereunder
On October 10, 2018, Hurricane
Michael made landfall on the Florida
Panhandle. The storm and subsequent
flooding has displaced individuals and
businesses and disrupted
communications and transportation
across the affected region. We are
issuing this Order to address the needs
17 17
1 Section 3(a)(34)(B) of the Exchange Act defines
‘‘appropriate regulatory authority.’’
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
18:12 Oct 19, 2018
of companies and individuals with
obligations under the federal securities
laws who have been directly or
indirectly affected by Hurricane Michael
and its aftermath.
Section 15B(a)(4) of the Securities
Exchange Act of 1934 (the ‘‘Exchange
Act’’) provides that the Securities and
Exchange Commission (the
‘‘Commission’’), by rule or order, upon
its own motion or upon application,
may conditionally or unconditionally
exempt any broker, dealer, municipal
securities dealer or municipal advisor,
or class of brokers, dealers, municipal
securities dealers, or municipal advisors
from any provision of Section 15B or the
rules or regulations thereunder, if the
Commission finds that such exemption
is consistent with the public interest,
the protection of investors and the
purposes of Section 15B.
Section 36 of the Exchange Act
authorizes the Commission, by rule,
regulation or order, to exempt, either
conditionally or unconditionally, any
person, security or transaction, or any
class or classes of persons, securities or
transactions, from any provision or
provisions of the Exchange Act or any
rule or regulation thereunder, to the
extent that such exemption is necessary
or appropriate in the public interest,
and is consistent with the protection of
investors.
Section 17A(c)(1) of the Exchange Act
provides that the appropriate regulatory
agency, by rule or by order, upon its
own motion or upon application, may
conditionally or unconditionally
exempt any person or security or class
of persons or securities from any
provision of Section 17A or any rule or
regulation prescribed under Section
17A, if the appropriate regulatory
agency 1 finds that such exemption is in
the public interest and consistent with
the protection of investors and the
purposes of Section 17A, including the
prompt and accurate clearance and
settlement of securities transactions and
the safeguarding of securities and funds.
Section 17A(c)(1) also requires that the
Commission not object to the use of
exemptive authority in instances where
an appropriate regulatory authority
other than the Commission is providing
exemptive relief.
Section 6(c) of the Investment
Company Act of 1940 (the ‘‘Company
Act’’) provides that the Commission
may conditionally or unconditionally
exempt any person, security or
transaction, or any class or classes of
persons, securities or transactions, from
any provision or provisions of the
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Company Act, or any rule or regulation
thereunder, if and to the extent that
such exemption is necessary or
appropriate in the public interest and
consistent with the protection of
investors and the purposes fairly
intended by the policy and provisions of
the Company Act. Section 38(a) of the
Company Act provides that the
Commission may make, issue, amend
and rescind such rules and regulations
and such orders as are necessary or
appropriate to the exercise of the
powers conferred upon the Commission
under the Company Act.
The necessity for prompt action of the
Commission does not permit prior
notice of the Commission’s action.
I. Time Period for the Relief
The time period for the relief
specified in Sections II and VI of this
Order is as follows:
• With respect to those persons or
entities affected by Hurricane Michael,
for the period from and including
October 10, 2018 to November 21, 2018,
all reports, schedules or forms must be
filed on or before November 23, 2018.
II. Filing Requirements for Registrants
and Other Persons
The lack of communications,
transportation, electricity, facilities and
available staff and professional advisors
as a result of Hurricane Michael could
hamper the efforts of public companies
and other persons with filing obligations
to meet their filing deadlines. At the
same time, investors have an interest in
the timely availability of required
information about these companies and
the activities of persons required to file
schedules and reports with respect to
these companies. While the Commission
believes that the relief from filing
requirements provided by the
exemption below is necessary and
appropriate in the public interest and
consistent with the protection of
investors, we remind public companies
and other persons who are the subjects
of this Order to continue to evaluate
their obligations to make materially
accurate and complete disclosures in
accordance with the anti-fraud
provisions of the federal securities laws.
Accordingly, it is ordered, pursuant to
Section 36 of the Exchange Act, that a
registrant (as defined in Exchange Act
Rule 12b–2) subject to the reporting
requirements of Exchange Act Section
13(a) or 15(d), and any person required
to make any filings with respect to such
a registrant, is exempt from any
requirement to file or furnish materials
with the Commission under Exchange
Act Sections 13(a), 13(d), 13(f), 13(g),
14(a), 14(c), 14(f), 15(d) and 16(a),
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[Federal Register Volume 83, Number 204 (Monday, October 22, 2018)]
[Notices]
[Pages 53324-53326]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-22905]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-84434; File No. SR-NYSE-2018-48]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change of
Non-Substantive Amendments to Rules 1.1, 7.31, and 7.46
October 16, 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 October 3, 2018, New York Stock Exchange LLC (``NYSE'' or
the ``Exchange'') 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.
---------------------------------------------------------------------------
\1\ 15 U.S.C.78s(b)(1).
\2\ 15 U.S.C. 78a.
\3\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes non-substantive amendments to Rules 1.1,
7.31, and 7.46. 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.
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 those 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 the
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to reorganize the terms defined in Rule 1.1,
Definitions, to place them in alphabetical order. The Exchange does not
propose to amend the definition of any term that is currently defined
in Rule 1.1. The Exchange also proposes to adopt a definition of the
term ``Exchange Act'' under Rule 1.1(h), which would be defined as
``the Securities Exchange Act of 1934, as amended.'' This definition is
identical
[[Page 53325]]
to the same definition in the rules of the Exchange's affiliate, NYSE
Arca.\4\
---------------------------------------------------------------------------
\4\ See NYSE Arca Rule 1.1(q).
---------------------------------------------------------------------------
The Exchange also proposes to amend Rules 7.31 and 7.46 to re-name
``Limit Non-Routable Order'' as ``Non-Routable Limit Order'' and
``Limit Non-Displayed Order'' as ``Non-Displayed Limit Order.'' These
proposed rule changes are based on the terms used by the Exchange's
affiliates, NYSE American LLC (``NYSE American'') and NYSE Arca, for
the same order types.\5\ In both cases, the Exchange believes that it
promotes clarity and consistency in its rules to move the respective
modifier for each of these rules before the term ``Limit Order.'' The
Exchange does not propose to amend the operation of either order type.
---------------------------------------------------------------------------
\5\ See NYSE American Rules 7.31E(d)(2), 7.31E(e)(1)(E),
7.46E(f)(5)(E), and 7.46-E(f)(5)(F). See also NYSE Arca Rule 7.31-
E(d)(2), 7.31-E(e)(1), 7.46-E(f)(5)(E), and 7.46-E(f)(5)(F).
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2. Statutory Basis
The proposed rule change is consistent with Section 6(b) of the
Securities Exchange Act of 1934 (the ``Act''),\6\ in general, and
furthers the objectives of Section 6(b)(5),\7\ in particular, because
it is designed to prevent fraudulent and manipulative acts and
practices, to promote just and equitable principles of trade, to foster
cooperation and coordination with persons engaged in 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.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78f(b).
\7\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
The Exchange believes that alphabetizing the defined terms under
Rule 1.1 would remove impediments to, and perfect the mechanism of, a
free and open market and a national market system because it add
clarity to the Exchange's rules and make the defined terms easier to
navigate. The Exchange does not propose to amend the definition of any
term that is currently defined in Rule 1.1. In addition, the proposed
definition of the term ``Exchange Act'' under Rule 1.1(h), is identical
to the same definition in the rules of the Exchange's affiliate, NYSE
Arca.\8\
---------------------------------------------------------------------------
\8\ See NYSE Arca Rule 1.1(q).
---------------------------------------------------------------------------
The Exchange also believes that renaming ``Limit Non-Displayed
Order'' as ``Non-Displayed Limit Order'' and ``Limit Non-Routable
Order'' as ``Non-Routable Limit Order'' would remove impediments to and
perfect the mechanism of a free and open market and a national market
system because the proposed changes are designed to promote clarity and
consistency in Exchange rules by moving the modifier describing the
function of the order type before the term ``Limit Order.'' The
Exchange does not propose any changes to the operation of either order
type. These proposed rule changes are also based on the terms used by
the Exchange's affiliates, NYSE American and NYSE Arca, for the same
order types,\9\ and would, therefore, remove impediments to, and
perfect the mechanism of, a free and open market and a national market
system by ensuring consistent terms are use amongst the Exchange and
its affiliates for the same order types.
---------------------------------------------------------------------------
\9\ See NYSE American Rules 7.31E(d)(2), 7.31E(e)(1)(E),
7.46E(f)(5)(E), and 7.46-E(f)(5)(F). See also NYSE Arca Rule 7.31-
E(d)(2), 7.31-E(e)(1), 7.46-E(f)(5)(E), and 7.46-E(f)(5)(F).
---------------------------------------------------------------------------
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 that is not necessary or appropriate
in furtherance of the purposes of the Act. The proposed rule change
will not have any impact on competition because it simply alphabetize
definitions and renames two order types and does not make any changes
to the operation of those order types or to alter any existing
definition. In addition, the proposed definition of ``Exchange Act''
will not have a competitive impact because the new definition is
intended to simply add clarity to the Exchange's rules and is identical
to the same definition in the rules of the Exchange's affiliate, NYSE
Arca.\10\
---------------------------------------------------------------------------
\10\ See NYSE Arca Rule 1.1(q).
---------------------------------------------------------------------------
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
No written comments were solicited or received with respect to the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The Exchange has filed the proposed rule change pursuant to Section
19(b)(3)(A)(iii) of the Act \11\ and Rule 19b-4(f)(6) thereunder.\12\
Because the foregoing proposed rule 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, provided that the self-regulatory organization
has given the Commission written notice of its intent to file 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,\13\ the proposed rule change has become effective
pursuant to Section 19(b)(3)(A) of the Act \14\ and Rule 19b-4(f)(6)
thereunder.\15\
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\11\ 15 U.S.C. 78s(b)(3)(A)(iii).
\12\ 17 CFR 240.19b-4(f)(6).
\13\ The Exchange has satisfied this requirement.
\14\ 15 U.S.C. 78s(b)(3)(A).
\15\ 17 CFR 240.19b-4(f)(6).
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At any time within 60 days of the filing of such 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 under
Section 19(b)(2)(B) \16\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
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\16\ 15 U.S.C. 78s(b)(2)(B).
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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-NYSE-2018-48 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 SR-NYSE-2018-48. 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
[[Page 53326]]
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-
NYSE-2018-48 and should be submitted on or before November 13, 2018.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\17\
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\17\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-22905 Filed 10-19-18; 8:45 am]
BILLING CODE 8011-01-P
