Sunshine Act Meetings, 7958 [2019-03974]
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7958
Federal Register / Vol. 84, No. 43 / Tuesday, March 5, 2019 / Notices
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
[Release No. 34–85210; File No. SR-Phlx2019–02]
TIME AND DATE:
2:00 p.m. on Thursday,
March 7, 2019.
The meeting will be held at the
Commission’s headquarters, 100 F
Street NE, Washington, DC 20549.
PLACE:
This meeting will be closed to
the public.
STATUS:
MATTERS TO BE CONSIDERED:
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the closed meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
and (10) and 17 CFR 200.402(a)(3),
(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
(a)(10), permit consideration of the
scheduled matters at the closed meeting.
Commissioner Roisman, as duty
officer, voted to consider the items
listed for the closed meeting in closed
session.
The subject matters of the closed
meeting will be:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
Resolution of litigation claims; and
Other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
CONTACT PERSON FOR MORE INFORMATION:
For further information and to ascertain
what, if any, matters have been added,
deleted or postponed; please contact
Brent J. Fields from the Office of the
Secretary at (202) 551–5400.
Dated: February 28, 2019.
Brent J. Fields,
Secretary.
amozie on DSK9F9SC42PROD with NOTICES
[FR Doc. 2019–03974 Filed 3–1–19; 11:15 am]
BILLING CODE 8011–01–P
Self-Regulatory Organizations; Nasdaq
PHLX LLC; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change to Terms of Index Option
Contracts
February 27, 2019.
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 February
21, 2019, Nasdaq PHLX LLC (‘‘Phlx’’ or
‘‘Exchange’’) filed with the Securities
and Exchange Commission (‘‘SEC’’ or
‘‘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 1101A, ‘‘Terms of Index
Option Contracts,’’ to amend certain
expiration timeframes and make
technical corrections to this rule.
The Exchange requests that the
Commission waive the 30-day operative
delay period contained in Exchange Act
Rule 19b–4(f)(6)(iii).3
The text of the proposed rule change
is available on the Exchange’s website at
https://nasdaqphlx.cchwallstreet.com/,
at the principal office of the Exchange,
and at the Commission’s Public
Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 17 CFR 240.19b–4(f)(6)(iii).
2 17
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A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Rule 1101A, ‘‘Terms of Index Options
Contracts,’’ to amend expirations for
Phlx index options. The Exchange also
proposes to amend expirations related
to the listing and trading, on a pilot
basis, of p.m.-settled options on broadbased indexes with nonstandard
expiration dates (‘‘Nonstandard
Program’’). Finally, the Exchange
proposes technical amendments within
Phlx Rule 1101A. Each rule change will
be discussed below.
Expirations of Index Options and
Technical Amendments
The Exchange proposes to add titles
and re-number/re-letter Rule 1101A.
The Exchange proposes to add the title
‘‘General’’ to the beginning of the rule.
The Exchange proposes to add the title
‘‘Exercise Prices’’ in front of current
Rule 1101A and the title ‘‘Strike Prices’’
before the paragraph after the list of
sector indexes. The Exchange proposes
to add these titles and re-number/reletter this rule to make the rule more
clear and add the various sections to
provide ease of reference as to the
content of the rule. The Exchange
proposes to relocate current Rule 1033A
to new section Rule 1101A(a)(1).
The Exchange proposes a new section
Rule 1101A(a)(4) with a title
‘‘Expiration Months and Weeks.’’ The
Exchange proposes to amend Rule
1101A to add specific expiration
months and weeks to Rule 1101A
similar to expiration months and weeks
at Cboe Exchange, Inc. (‘‘Cboe’’). Cboe
Rule 24.9(a)(2) provides for expiration
months and weeks for its index
products.4 Today, Phlx Rule 1101A
4 Cboe Rule 24.9(a)(2) provides, ‘‘Expiration
Months and Weeks. Index option contracts may
expire at three-month intervals, in consecutive
months or in consecutive weeks (as specified by
class below). The Exchange may:
• List up to six standard monthly expirations at
any one time in a class, but will not list index
options that expire more than 12 months out;
• list up to 12 standard monthly expirations at
any one time for any class that the Exchange (as the
Reporting Authority) uses to calculate a volatility
index and for CBOE S&P 500 a.m./PM Basis, EAFE,
EM, FTSE Emerging, FTSE Developed, FTSE 100,
China 50, and S&P Select Sector Index (SIXM, SIXE,
SIXT, SIXV, SIXU, SIXR, SIXI, SIXY, SIXB, and
SIXRE, and SIXC) options;
• list up to 12 consecutive weekly expirations in
VXST options; and,
• list up to six weekly expirations and up to 12
standard (monthly) expirations in VIX options. The
six weekly expirations shall be for the nearest
weekly expirations from the actual listing date and
weekly expirations may not expire in the same
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Agencies
[Federal Register Volume 84, Number 43 (Tuesday, March 5, 2019)]
[Notices]
[Page 7958]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-03974]
[[Page 7958]]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
TIME AND DATE: 2:00 p.m. on Thursday, March 7, 2019.
PLACE: The meeting will be held at the Commission's headquarters, 100 F
Street NE, Washington, DC 20549.
STATUS: This meeting will be closed to the public.
MATTERS TO BE CONSIDERED: Commissioners, Counsel to the Commissioners,
the Secretary to the Commission, and recording secretaries will attend
the closed meeting. Certain staff members who have an interest in the
matters also may be present.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10),
permit consideration of the scheduled matters at the closed meeting.
Commissioner Roisman, as duty officer, voted to consider the items
listed for the closed meeting in closed session.
The subject matters of the closed meeting will be:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings;
Resolution of litigation claims; and
Other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
CONTACT PERSON FOR MORE INFORMATION: For further information and to
ascertain what, if any, matters have been added, deleted or postponed;
please contact Brent J. Fields from the Office of the Secretary at
(202) 551-5400.
Dated: February 28, 2019.
Brent J. Fields,
Secretary.
[FR Doc. 2019-03974 Filed 3-1-19; 11:15 am]
BILLING CODE 8011-01-P