Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Section 303A.00 of the Manual To Change the Threshold for Qualifying as a Smaller Reporting Company To Qualify for Certain Exemptions From the Compensation Committee Requirements, 56384-56385 [2018-24637]
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56384
Federal Register / Vol. 83, No. 219 / Tuesday, November 13, 2018 / Notices
P.O. Box 29052, San Francisco, CA
94129–0052. Email: scarp@
presidiotrust.gov. Telephone:
415.561.5300.
Dated: November 5, 2018.
Steve Carp,
Legal Analyst.
[FR Doc. 2018–24698 Filed 11–9–18; 8:45 am]
BILLING CODE 4310–4R–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84544; File No. SR–NYSE–
2018–51]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend
Section 303A.00 of the Manual To
Change the Threshold for Qualifying
as a Smaller Reporting Company To
Qualify for Certain Exemptions From
the Compensation Committee
Requirements
November 6, 2018.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934
(‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that on October
26, 2018, New York Stock Exchange
LLC (‘‘NYSE’’ or the ‘‘Exchange’’) 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 Commission is publishing this
notice to solicit comments on the
proposed rule change from interested
persons.
amozie on DSK3GDR082PROD with NOTICES1
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Section 303A.00 of the NYSE Listed
Company Manual (the ‘‘Manual’’) to
change the threshold for listed
companies to benefit from the
exemptions from the NYSE
compensation committee requirements
applicable to smaller reporting
companies so that all companies that
qualify for smaller reporting company
status under the revised SEC definition
will qualify for those exemptions.
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
VerDate Sep<11>2014
17:34 Nov 09, 2018
Jkt 247001
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 SEC recently adopted 4
amendments to the definition of
‘‘smaller reporting company’’ set forth
in Item 10(f)(1) of Regulation S–K,5 Rule
12b–2 under the Act 6 and Rule 405
under the Securities Act of 1933.7 The
amendments raise the smaller reporting
company cap from less than $75 million
in public float to less than $250 million
and also include as smaller reporting
companies issuers with less than $100
million in annual revenues if they also
have either no public float or a public
float that is less than $700 million. The
amendments became effective on
September 10, 2018. The Exchange
estimates that a consequence of the SEC
rule changes is that a significantly larger
number of its listed companies will
qualify for smaller reporting company
status than was previously the case.
Smaller reporting companies are
entitled to avail themselves of certain
exemptions from the NYSE’s
compensation committee requirements.8
Section 303A.00 includes a provision
describing the period within which a
company must comply with all
4 Release Nos. 33–10513 and 34–83550 (June 28,
2018); 83 FR 31992 (July 10. 2018).
5 17 CFR 229.10(F)(1).
6 17 CFR 240.12b–2.
7 17 CFR 230.405.
8 Specifically, listed companies that satisfy the
definition of smaller reporting company are not
required to comply with (i) the enhanced
requirements with respect to the independence of
compensation committee members set forth in
Section 303A.02(a)(ii) and the second paragraph of
the Commentary to Section 303A.02(a) of the
Manual; or (ii) the requirements set forth under
Section 303A.05(c)(iv) of the Manual with respect
to the analysis of the independence of any
compensation consultant, legal counsel or other
adviser to the compensation committee. Listed
smaller reporting companies must comply with all
other applicable Exchange corporate governance
requirements, including all other applicable
compensation committee requirements.
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
applicable compensation committee
requirements after it ceases to be a
smaller reporting company.9 This
provision currently states explicitly that
a smaller reporting company must have
less than $75 million in public float. In
light of the recent changes to the SEC’s
rules with respect to smaller reporting
companies, the Exchange proposes to
delete this reference to the $75 million
public float cap and revise the provision
to state simply that a smaller reporting
company that fails to meet the
requirements for smaller reporting
company status as of the last business
day of its second fiscal quarter will
cease to be a smaller reporting company
as of the beginning of the following
fiscal year. The effect of this amendment
will be to change the threshold for listed
companies to be eligible to benefit from
the exemptions from the NYSE
compensation committee requirements
applicable to smaller reporting
companies so that all companies that
qualify for smaller reporting company
status under the revised SEC definition
will qualify for those exemptions.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act,10 in general, and
furthers the objectives of Section 6(b)(5)
of the Act 11 in particular, in that it is
designed to promote just and equitable
principles of trade, to foster cooperation
and coordination with persons engaged
in regulating, clearing, settling,
processing information with respect to,
and facilitating transactions in
securities, to remove impediments to
and perfect the mechanism of a free and
open market and a national market
system, and, in general, to protect
investors and the public interest and is
not designed to permit unfair
9 Under the SEC rules set forth above with respect
to smaller reporting companies, a company tests its
status as a smaller reporting company on an annual
basis at the end of its most recently completed
second fiscal quarter (the ‘‘Smaller Reporting
Company Determination Date’’). A smaller reporting
company ceases to be a smaller reporting company
as of the beginning of the fiscal year following the
Smaller Reporting Company Determination Date.
The compensation committee of a company that has
ceased to be a smaller reporting company as of its
Smaller Reporting Company Determination Date
[sic] must comply with Section 303A.05(c)(iv) as of
six months from the date it ceases to be a smaller
reporting company and must have: One member of
its compensation committee that meets the
independence standard of Section 303A.02(a)(ii)
and the second paragraph of the commentary to
Section 303A.02(a) within six months of that date;
a majority of directors on its compensation
committee meeting those requirements within nine
months of that date; and a compensation committee
comprised solely of members that meet those
requirements within twelve months of that date.
10 15 U.S.C. 78f(b).
11 15 U.S.C. 78f(b)(5).
E:\FR\FM\13NON1.SGM
13NON1
Federal Register / Vol. 83, No. 219 / Tuesday, November 13, 2018 / Notices
discrimination between customers,
issuers, brokers, or dealers. As noted
above, the effect of the proposed rule
change is to change the threshold for
listed companies to benefit from the
exemptions from the NYSE
compensation committee requirements
applicable to smaller reporting
companies so that all companies that
qualify for smaller reporting company
status under the revised SEC definition
will qualify for those exemptions. Listed
smaller reporting companies must
comply with all other applicable
Exchange corporate governance
requirements, including all other
applicable compensation committee
requirements. The Commission has
already determined through its own
rulemaking that the revised thresholds
for smaller reporting company status
proposed in this rule proposal are
consistent with the goal of the Act to
further the protection of investors and
the public interest 12 and the Exchange
believes that its own proposal is
consistent with Section 6(b)(5) of the
Act for the same reasons.
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 impose
any burden competition as its sole
purpose is to change the threshold for
listed companies to benefit from the
exemptions from the NYSE
compensation committee requirements
applicable to smaller reporting
companies so that all companies that
qualify for smaller reporting company
status under the revised SEC definition
will qualify for those exemptions.
amozie on DSK3GDR082PROD with NOTICES1
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 13 and Rule
19b–4(f)(6) thereunder.14 Because the
proposed rule change does not: (i)
Significantly affect the protection of
12 See
footnote 4, supra.
U.S.C. 78s(b)(3)(A)(iii).
14 17 CFR 240.19b–4(f)(6).
investors or the public interest; (ii)
impose any significant burden on
competition; and (iii) become operative
prior to 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 and Rule 19b–4(f)(6)(iii)
thereunder.
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) 15 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–2018–51 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–NYSE–2018–51. 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
13 15
VerDate Sep<11>2014
17:34 Nov 09, 2018
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 such
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–2018–51, and
should be submitted on or before
December 4, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.16
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–24637 Filed 11–9–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84542; File No. SR–Phlx–
2018–67]
Self-Regulatory Organizations; Nasdaq
PHLX LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating to New
Derivative Securities Products
November 6, 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 October
24, 2018, Nasdaq PHLX LLC (‘‘Phlx’’ 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
Phlx Rule 803 related to derivative
16 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
15 15
Jkt 247001
PO 00000
U.S.C. 78s(b)(2)(B).
Frm 00112
Fmt 4703
Sfmt 4703
56385
E:\FR\FM\13NON1.SGM
13NON1
Agencies
[Federal Register Volume 83, Number 219 (Tuesday, November 13, 2018)]
[Notices]
[Pages 56384-56385]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-24637]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-84544; File No. SR-NYSE-2018-51]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Amend Section 303A.00 of the Manual To Change the Threshold for
Qualifying as a Smaller Reporting Company To Qualify for Certain
Exemptions From the Compensation Committee Requirements
November 6, 2018.
Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given
that on October 26, 2018, New York Stock Exchange LLC (``NYSE'' or the
``Exchange'') 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
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 to amend Section 303A.00 of the NYSE Listed
Company Manual (the ``Manual'') to change the threshold for listed
companies to benefit from the exemptions from the NYSE compensation
committee requirements applicable to smaller reporting companies so
that all companies that qualify for smaller reporting company status
under the revised SEC definition will qualify for those exemptions.
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 SEC recently adopted \4\ amendments to the definition of
``smaller reporting company'' set forth in Item 10(f)(1) of Regulation
S-K,\5\ Rule 12b-2 under the Act \6\ and Rule 405 under the Securities
Act of 1933.\7\ The amendments raise the smaller reporting company cap
from less than $75 million in public float to less than $250 million
and also include as smaller reporting companies issuers with less than
$100 million in annual revenues if they also have either no public
float or a public float that is less than $700 million. The amendments
became effective on September 10, 2018. The Exchange estimates that a
consequence of the SEC rule changes is that a significantly larger
number of its listed companies will qualify for smaller reporting
company status than was previously the case.
---------------------------------------------------------------------------
\4\ Release Nos. 33-10513 and 34-83550 (June 28, 2018); 83 FR
31992 (July 10. 2018).
\5\ 17 CFR 229.10(F)(1).
\6\ 17 CFR 240.12b-2.
\7\ 17 CFR 230.405.
---------------------------------------------------------------------------
Smaller reporting companies are entitled to avail themselves of
certain exemptions from the NYSE's compensation committee
requirements.\8\ Section 303A.00 includes a provision describing the
period within which a company must comply with all applicable
compensation committee requirements after it ceases to be a smaller
reporting company.\9\ This provision currently states explicitly that a
smaller reporting company must have less than $75 million in public
float. In light of the recent changes to the SEC's rules with respect
to smaller reporting companies, the Exchange proposes to delete this
reference to the $75 million public float cap and revise the provision
to state simply that a smaller reporting company that fails to meet the
requirements for smaller reporting company status as of the last
business day of its second fiscal quarter will cease to be a smaller
reporting company as of the beginning of the following fiscal year. The
effect of this amendment will be to change the threshold for listed
companies to be eligible to benefit from the exemptions from the NYSE
compensation committee requirements applicable to smaller reporting
companies so that all companies that qualify for smaller reporting
company status under the revised SEC definition will qualify for those
exemptions.
---------------------------------------------------------------------------
\8\ Specifically, listed companies that satisfy the definition
of smaller reporting company are not required to comply with (i) the
enhanced requirements with respect to the independence of
compensation committee members set forth in Section 303A.02(a)(ii)
and the second paragraph of the Commentary to Section 303A.02(a) of
the Manual; or (ii) the requirements set forth under Section
303A.05(c)(iv) of the Manual with respect to the analysis of the
independence of any compensation consultant, legal counsel or other
adviser to the compensation committee. Listed smaller reporting
companies must comply with all other applicable Exchange corporate
governance requirements, including all other applicable compensation
committee requirements.
\9\ Under the SEC rules set forth above with respect to smaller
reporting companies, a company tests its status as a smaller
reporting company on an annual basis at the end of its most recently
completed second fiscal quarter (the ``Smaller Reporting Company
Determination Date''). A smaller reporting company ceases to be a
smaller reporting company as of the beginning of the fiscal year
following the Smaller Reporting Company Determination Date. The
compensation committee of a company that has ceased to be a smaller
reporting company as of its Smaller Reporting Company Determination
Date [sic] must comply with Section 303A.05(c)(iv) as of six months
from the date it ceases to be a smaller reporting company and must
have: One member of its compensation committee that meets the
independence standard of Section 303A.02(a)(ii) and the second
paragraph of the commentary to Section 303A.02(a) within six months
of that date; a majority of directors on its compensation committee
meeting those requirements within nine months of that date; and a
compensation committee comprised solely of members that meet those
requirements within twelve months of that date.
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Act,\10\ in general, and furthers the
objectives of Section 6(b)(5) of the Act \11\ in particular, in that it
is designed to promote just and equitable principles of trade, to
foster cooperation and coordination with persons engaged in regulating,
clearing, settling, processing information with respect to, and
facilitating transactions in securities, to remove impediments to and
perfect the mechanism of a free and open market and a national market
system, and, in general, to protect investors and the public interest
and is not designed to permit unfair
[[Page 56385]]
discrimination between customers, issuers, brokers, or dealers. As
noted above, the effect of the proposed rule change is to change the
threshold for listed companies to benefit from the exemptions from the
NYSE compensation committee requirements applicable to smaller
reporting companies so that all companies that qualify for smaller
reporting company status under the revised SEC definition will qualify
for those exemptions. Listed smaller reporting companies must comply
with all other applicable Exchange corporate governance requirements,
including all other applicable compensation committee requirements. The
Commission has already determined through its own rulemaking that the
revised thresholds for smaller reporting company status proposed in
this rule proposal are consistent with the goal of the Act to further
the protection of investors and the public interest \12\ and the
Exchange believes that its own proposal is consistent with Section
6(b)(5) of the Act for the same reasons.
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78f(b).
\11\ 15 U.S.C. 78f(b)(5).
\12\ See footnote 4, supra.
---------------------------------------------------------------------------
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 impose any burden competition as its sole purpose is to change
the threshold for listed companies to benefit from the exemptions from
the NYSE compensation committee requirements applicable to smaller
reporting companies so that all companies that qualify for smaller
reporting company status under the revised SEC definition will qualify
for those exemptions.
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 \13\ and Rule 19b-4(f)(6) thereunder.\14\
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 prior to
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 and Rule 19b-
4(f)(6)(iii) thereunder.
---------------------------------------------------------------------------
\13\ 15 U.S.C. 78s(b)(3)(A)(iii).
\14\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------
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) \15\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
---------------------------------------------------------------------------
\15\ 15 U.S.C. 78s(b)(2)(B).
---------------------------------------------------------------------------
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-2018-51 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-NYSE-2018-51. 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 such 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-2018-51, and should be submitted on
or before December 4, 2018.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\16\
---------------------------------------------------------------------------
\16\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-24637 Filed 11-9-18; 8:45 am]
BILLING CODE 8011-01-P