Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Change To Amend Certain of Its Listing Fees, 62644-62646 [2018-26272]
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Federal Register / Vol. 83, No. 233 / Tuesday, December 4, 2018 / Notices
(B) Clearing Agency’s Statement on
Burden on Competition
ICE Clear Europe does not believe the
proposed rule changes would have any
impact, or impose any burden, on
competition not necessary or
appropriate in furtherance of the
purposes of the Act. The changes are
being proposed in order to enhance ICE
Clear Europe’s ability to limit its credit
exposure during overnight trading
hours. The amendments will apply to
all F&O Clearing Members that trade
contracts in the relevant category. ICE
Clear Europe does not believe the
amendments will generally affect the
overall cost of clearing for F&O Clearing
Members or other market participants or
otherwise affect access to clearing
generally. The amendments may require
F&O Clearing Members to post margin,
or take other action, outside of the
standard margin call window, but such
changes are designed to better manage
Clearing House risk and are tailored to
the risks presented by such F&O
Clearing Members and the positions
they carry. As a result, any additional
burdens placed on F&O Clearing
Members will be appropriate in
furtherance of enhancing risk
management, and are not intended to
disadvantage any particular Clearing
Member. As a result, ICE Clear Europe
believes that any impact on competition
is appropriate in furtherance of the
purposes of the Act.
(C) Clearing Agency’s Statement on
Comments on the Proposed Rule
Change Received From Members,
Participants or Others
Written comments relating to the
proposed amendments have not been
solicited or received by ICE Clear
Europe. ICE Clear Europe will notify the
Commission of any comments received
with respect to the proposed rule
change.
III. Date of Effectiveness of the
Proposed Rule Change
The foregoing rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act and paragraph (f) of Rule
19b–4 thereunder. 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,
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including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Eduardo Aleman,
Assistant Secretary.
Electronic Comments
[FR Doc. 2018–26268 Filed 12–3–18; 8:45 am]
• 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–
ICEEU–2018–018 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–ICEEU–2018–018. 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 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
filings will also be available for
inspection and copying at the principal
office of ICE Clear Europe and on ICE
Clear Europe’s website at https://
www.theice.com/clear-europe/
regulation#rule-filing.
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–ICEEU–2018–018
and should be submitted on or before
December 26, 2018.
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84673; File No. SR–
NYSEAMER–2018–50]
Self-Regulatory Organizations; NYSE
American LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Change To Amend Certain of Its
Listing Fees
November 28, 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
November 21, 2018, NYSE American
LLC (the ‘‘Exchange’’ or ‘‘NYSE
American’’) filed with the Securities
and Exchange Commission (the
‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
certain of its listing fees. The proposed
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.
15 17
CFR 200.30–3(a)(12).
U.S.C.78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
1 15
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Federal Register / Vol. 83, No. 233 / Tuesday, December 4, 2018 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Section 141 of the NYSE American
Company Guide to amend certain of its
listing fee provisions. The amended fees
will take effect in the 2019 calendar
year. The following are the proposed fee
increases:
• The annual fee for a common stock
with 50 million shares or less
outstanding would increase from
$40,000 to $45,000.
• The annual fee for a common stock
with more than 50 million and up to 75
million shares outstanding would
increase from $50,000 to $60,000.
• The annual fee for a common stock
with more than 75 million shares
outstanding would increase from
$60,000 to $70,000.
As described below, the Exchange
proposes to make the aforementioned
fee increases to better reflect the
Exchange’s costs related to listing equity
securities and the corresponding value
of such listing to issuers.
The Exchange also proposes to
remove a number of references in
Section 141 to fees that are no longer
applicable as they were superseded by
new fee rates specified in the rule text.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act,4 in general, and
furthers the objectives of Section
6(b)(4) 5 of the Act, in particular, in that
it is designed to provide for the
equitable allocation of reasonable dues,
fees, and other charges. The Exchange
also believes that the proposed rule
change is consistent with Section 6(b)(5)
of the Act,6 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 discrimination between
customers, issuers, brokers, or dealers.
The Exchange believes that it
represents an equitable allocation of
reasonable fees to increase the various
4 15
U.S.C. 78f(b).
U.S.C. 78f(b)(4).
6 15 U.S.C. 78f(b)(5).
5 15
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listing fees as set forth above because of
the increased costs incurred by the
Exchange since it established the
current rates. In that regard, the
Exchange notes that its general costs
have increased since its most recent fee
adjustments, including due to price
inflation. In addition, the Exchange
continues to improve and increase the
services it provides to listed companies.
These improvements include the
continued development and
enhancement of an interactive webbased platform designed to improve
communication between the Exchange
and listed companies, the availability to
listed companies of the Exchange’s new
state-of-the-art conference facilities at 11
Wall Street, and continued development
of an investor relations tool available to
all listed companies which provides
companies with information enabling
them to better understand the trading
and ownership of their securities and
the cost of providing content for
inclusion in that tool.
The above fee changes are not unfairly
discriminatory because the same fee
schedule will apply to all listed issuers.
Further, the Exchange operates in a
competitive environment and its fees
are constrained by competition in the
marketplace. Other venues currently list
all of the categories of securities covered
by the proposed fees and if a company
believes that the Exchange’s fees are
unreasonable it can decide either not to
list its securities or to list them on an
alternative venue.
The proposed removal of text relating
to fees that are no longer applicable is
ministerial in nature and has no
substantive effect.
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 is designed to
ensure that the fees charged by the
Exchange accurately reflect the services
provided and benefits realized by listed
companies. The market for listing
services is extremely competitive. Each
listing exchange has a different fee
schedule that applies to issuers seeking
to list securities on its exchange. Issuers
have the option to list their securities on
these alternative venues based on the
fees charged and the value provided by
each listing. Because issuers have a
choice to list their securities on a
different national securities exchange,
the Exchange does not believe that the
proposed fee changes impose a burden
on competition.
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62645
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 foregoing rule change is effective
upon filing pursuant to Section
19(b)(3)(A) 7 of the Act and
subparagraph (f)(2) of Rule 19b–48
thereunder, because it establishes a due,
fee, or other charge imposed by the
Exchange.
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) 9 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–
NYSEAMER–2018–50 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–NYSEAMER–2018–50. 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
7 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
9 15 U.S.C. 78s(b)(2)(B).
8 17
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62646
Federal Register / Vol. 83, No. 233 / Tuesday, December 4, 2018 / Notices
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549 on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–NYSEAMER–2018–50 and
should be submitted on or before
December 26, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–26272 Filed 12–3–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84670; File No. SR–
BatsBZX–2017–34]
‘‘Commission’’) Amendment No. 2 to
the proposed rule change as described
in Item I below, which Item has been
prepared by the Exchange and is
reproduced below verbatim in Section I.
The proposed rule change seeks to
adopt Cboe Market Close, a closing
match process for non-BZX Listed
Securities. On January 17, 2018, after
consideration of the record for the
proposed rule change, the Division of
Trading and Markets, pursuant to
delegated authority,3 approved the
proposed rule change, as modified by
Amendment No. 1 (‘‘Approval Order’’).4
On January 31, 2018, pursuant to
Commission Rule of Practice 430,5
NYSE Group, Inc. (‘‘NYSE’’) and The
Nasdaq Stock Market LLC (‘‘Nasdaq’’)
each filed petitions for review of the
Approval Order. Pursuant to
Commission Rule of Practice 431(e), the
Approval Order is stayed by the filing
with the Commission of a notice of
intention to petition for review.6 On
March 1, 2018, the Commission issued
a scheduling order, pursuant to
Commission Rule of Practice 431,
granting the petitions for review of the
Approval Order and providing until
March 22, 2018 for any party or other
person to file a written statement in
support of or in opposition to the
Approval Order.7 In statements filed
with the Commission, two parties
stated, among other arguments, that
Cboe Market Close would cause BZX to
violate Rule 201 of Regulation SHO.8
BZX subsequently filed Amendment No.
2 to the proposed rule change to address
this comment. Because of this change,
the Commission is publishing this
notice to solicit comments on the
3 17
CFR 200.30 3(a)(12).
Exchange Act Release No. 82522, 83 FR
3205 (January 23, 2018).
5 17 CFR 201.430.
6 17 CFR 201.431(e). See Letter from Secretary of
the Commission to Christopher Solgan, Assistant
General Counsel, Cboe Global Markets, Inc., dated
January 24, 2018 (providing notice of receipt of
notices of intention to petition for review of
delegated action and stay of order), available at
https://www.sec.gov/rules/sro/batsbzx/2018/srbatsbzx-2017-34-letter-from-secretary-to-cboe.pdf.
7 See Exchange Act Release No. 82794, 83 FR
9561 (March 6, 2018). On March 16, 2018, the
Office of Secretary, acting by delegated authority,
issued an order on behalf of the Commission
granting a motion for an extension of time to file
statements on or before April 12, 2018. See
Exchange Act Release No. 82896, 83 FR 12633 (Mar.
22, 2018).
8 See NYSE Statement in Opposition to the
Division’s Order Approving a Rule to Introduce
Cboe Market Close, at 31–34 (April 12, 2018);
Statement of the Nasdaq Stock Market LLC in
Opposition to Order Granting Approval of a
Proposed Rule Change, as Modified by Amendment
No. 1, to Introduce Cboe Market Close, at 26 (April
12, 2018).
4 See
Self-Regulatory Organizations; Bats
BZX Exchange, Inc.; Notice of Filing of
Amendment No. 2 To Proposed Rule
Change To Introduce Cboe Market
Close, a Closing Match Process for
Non-BZX Listed Securities Under New
Exchange Rule 11.28
November 28, 2018.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’),1 and Rule 19b–4
thereunder,2 notice is hereby given that
on October 4, 2018, the Bats BZX
Exchange, Inc. (now known as Cboe
BZX Exchange, Inc.) (‘‘BZX’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission (‘‘SEC’’ or
10 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
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proposed rule change, as amended, from
interested persons.
I. Amendment No. 2 to SR–BatsBZX–
2017–34
Cboe BZX Exchange, Inc. (‘‘BZX’’ or
the ‘‘Exchange’’) is filing this Partial
Amendment No. 2 to SR–BatsBZX–
2017–34, which was originally filed
with the Securities and Exchange
Commission (the ‘‘Commission’’) on
May 5, 2017 (the ‘‘Proposal’’). The
Proposal was published for comment in
the Federal Register on May 22, 2017,
and approved by the Division of Trading
and Markets pursuant to delegated
authority on January 17, 2018.9 On
January 24, 2018, the Commission
stayed the Proposal,10 and the Proposal
is currently pending Commission
review.
The Proposal seeks to introduce the
Cboe Market Close, an innovative
closing match process for non-BZX
Listed Securities that is designed to
match buy and sell Market-On-Close
(‘‘MOC’’) orders at the official closing
price for such security published by the
primary listing market. The Exchange
proposed the Cboe Market Close in
response to interest from market
participants, particularly buy-side firms,
who seek an alternative to participation
on the primary listing market’s closing
auction while still receiving an
execution at the official closing price.
The Exchange continues to believe that
the proposed functionality promotes the
maintenance of a free and open market
because it would increase competition
for order flow at the close, which is
highly concentrated at the primary
listing markets today, without impacting
price discovery.
The purpose of this amendment is to
amend the Proposal at Interpretations
and Policies .04 to BZX Rule 11.28,
which would be a new rule that
provides for the handling of short sale
MOC orders that are designated for
participation in the Cboe Market Close.
Specifically, the Exchange proposes to
reject short sale MOC orders entered
pursuant to BZX Rule 11.28 in order to
comply with its obligations under Rule
201 of Regulation SHO.11 MOC orders
marked short exempt are not subject to
the short sale circuit breaker restrictions
under Regulation SHO, and would
9 See Securities Exchange Act Release Nos. 80683
(May 16, 2017), 82 FR 23320 (May 22, 2017)
(Notice); 82522 (January 7, 2018), 83 FR 3205
(January 23, 2017) (Approval Order) (SR-BatsBZX–
2017–34).
10 See Letter from Secretary of the Commission to
Christopher Solgan, Assistant General Counsel,
Cboe Global Markets, Inc., dated January 24, 2018.
11 17 CFR 242.201.
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]]>Agencies
[Federal Register Volume 83, Number 233 (Tuesday, December 4, 2018)]
[Notices]
[Pages 62644-62646]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-26272]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-84673; File No. SR-NYSEAMER-2018-50]
Self-Regulatory Organizations; NYSE American LLC; Notice of
Filing and Immediate Effectiveness of Proposed Change To Amend Certain
of Its Listing Fees
November 28, 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 November 21, 2018, NYSE American LLC (the ``Exchange''
or ``NYSE American'') filed with the Securities and Exchange Commission
(the ``Commission'') the proposed rule change as described in Items I,
II, and III 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 to amend certain of its listing fees. The
proposed 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.
[[Page 62645]]
A. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to amend Section 141 of the NYSE American
Company Guide to amend certain of its listing fee provisions. The
amended fees will take effect in the 2019 calendar year. The following
are the proposed fee increases:
The annual fee for a common stock with 50 million shares
or less outstanding would increase from $40,000 to $45,000.
The annual fee for a common stock with more than 50
million and up to 75 million shares outstanding would increase from
$50,000 to $60,000.
The annual fee for a common stock with more than 75
million shares outstanding would increase from $60,000 to $70,000.
As described below, the Exchange proposes to make the
aforementioned fee increases to better reflect the Exchange's costs
related to listing equity securities and the corresponding value of
such listing to issuers.
The Exchange also proposes to remove a number of references in
Section 141 to fees that are no longer applicable as they were
superseded by new fee rates specified in the rule text.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Act,\4\ in general, and furthers the
objectives of Section 6(b)(4) \5\ of the Act, in particular, in that it
is designed to provide for the equitable allocation of reasonable dues,
fees, and other charges. The Exchange also believes that the proposed
rule change is consistent with Section 6(b)(5) of the Act,\6\ 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 discrimination between customers,
issuers, brokers, or dealers.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78f(b).
\5\ 15 U.S.C. 78f(b)(4).
\6\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------
The Exchange believes that it represents an equitable allocation of
reasonable fees to increase the various listing fees as set forth above
because of the increased costs incurred by the Exchange since it
established the current rates. In that regard, the Exchange notes that
its general costs have increased since its most recent fee adjustments,
including due to price inflation. In addition, the Exchange continues
to improve and increase the services it provides to listed companies.
These improvements include the continued development and enhancement of
an interactive web-based platform designed to improve communication
between the Exchange and listed companies, the availability to listed
companies of the Exchange's new state-of-the-art conference facilities
at 11 Wall Street, and continued development of an investor relations
tool available to all listed companies which provides companies with
information enabling them to better understand the trading and
ownership of their securities and the cost of providing content for
inclusion in that tool.
The above fee changes are not unfairly discriminatory because the
same fee schedule will apply to all listed issuers. Further, the
Exchange operates in a competitive environment and its fees are
constrained by competition in the marketplace. Other venues currently
list all of the categories of securities covered by the proposed fees
and if a company believes that the Exchange's fees are unreasonable it
can decide either not to list its securities or to list them on an
alternative venue.
The proposed removal of text relating to fees that are no longer
applicable is ministerial in nature and has no substantive effect.
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 is
designed to ensure that the fees charged by the Exchange accurately
reflect the services provided and benefits realized by listed
companies. The market for listing services is extremely competitive.
Each listing exchange has a different fee schedule that applies to
issuers seeking to list securities on its exchange. Issuers have the
option to list their securities on these alternative venues based on
the fees charged and the value provided by each listing. Because
issuers have a choice to list their securities on a different national
securities exchange, the Exchange does not believe that the proposed
fee changes impose a burden on competition.
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 foregoing rule change is effective upon filing pursuant to
Section 19(b)(3)(A) \7\ of the Act and subparagraph (f)(2) of Rule 19b-
4\8\ thereunder, because it establishes a due, fee, or other charge
imposed by the Exchange.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(3)(A).
\8\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
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) \9\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
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\9\ 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-NYSEAMER-2018-50 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-NYSEAMER-2018-50. 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
[[Page 62646]]
internet website (https://www.sec.gov/rules/sro.shtml). Copies of the
submission, all subsequent amendments, all written statements with
respect to the proposed rule change that are filed with the Commission,
and all written communications relating to the proposed rule change
between the Commission and any person, other than those that may be
withheld from the public in accordance with the provisions of 5 U.S.C.
552, will be available for website viewing and printing in the
Commission's Public Reference Room, 100 F Street NE, Washington, DC
20549 on official business days between the hours of 10:00 a.m. and
3:00 p.m. Copies of the filing also will be available for inspection
and copying at the principal office of the Exchange. All comments
received will be posted without change. Persons submitting comments are
cautioned that we do not redact or edit personal identifying
information from comment submissions. You should submit only
information that you wish to make available publicly. All submissions
should refer to File Number SR-NYSEAMER-2018-50 and should be submitted
on or before December 26, 2018.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-26272 Filed 12-3-18; 8:45 am]
BILLING CODE 8011-01-P
