Sunshine Act Meetings, 49778-49779 [2019-20609]
Download as PDF
49778
Federal Register / Vol. 84, No. 184 / Monday, September 23, 2019 / Notices
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
Exchange reiterates that the proposed
rule change is being proposed in the
context of a technology migration of the
Cboe Affiliated Exchanges. As stated,
the proposed changes to the rules that
reflect functionality that will be in place
come October 7, 2019 provide clear
rules that accurately reflect postmigration functionality upon the
completion of migration.
The Exchange does not believe the
proposed rule change will impose any
burden on intramarket competition
because the proposed cabinet orders
will be available to all market
participants to execute in open outcry in
the same manner as they are able to
execute their other orders. The
Exchange notes that while cabinet
orders must yield to closing cabinet
orders on the floor first, this will not
impact intramarket competition because
it is the manner in which cabinet orders
already trade and is in line with the
primary purpose of cabinet trading to
facilitate closing transactions in
worthless or inactive series. The
Exchange also does not believe that the
proposed rule change will impose any
burden on intermarket competition. As
discussed above, the basis for the
proposed rule change regarding subpenny cabinets are the rules of other
options exchanges, which have already
been found consistent with the Act and
approved by the Commission.21 In
addition to this, these exchanges have
substantially similar rules regarding
cabinet trading.22
jbell on DSK3GLQ082PROD with NOTICES
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange neither solicited nor
received comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing 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 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,23 the proposed rule
change has become effective pursuant to
Section 19(b)(3)(A) of the Act 24 and
Rule 19b–4(f)(6) thereunder.25
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. If the
Commission takes such action, the
Commission will institute proceedings
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–
CBOE–2019–058 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–CBOE–2019–058. 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
23 The
Exchange has fulfilled this requirement.
U.S.C. 78s(b)(3)(A).
25 17 CFR 240.19b–4(f)(6).
21 See
supra note 12.
22 See id.
VerDate Sep<11>2014
17:55 Sep 20, 2019
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–CBOE–2019–058 and
should be submitted on or before
October 15, 2019.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.26
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–20477 Filed 9–20–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
Notice is hereby given,
pursuant to the provisions of the
Government in the Sunshine Act, Public
Law 94–409, the Securities and
Exchange Commission will hold an
Open Meeting on Wednesday,
September 25, 2019 at 10:00 a.m.
PLACE: The meeting will be held in
Auditorium LL–002 at the
Commission’s headquarters, 100 F
Street NE, Washington, DC 20549.
STATUS: This meeting will begin at 10:00
a.m. (ET) and will be open to the public.
Seating will be on a first-come, firstserved basis. Visitors will be subject to
security checks. The meeting will be
webcast on the Commission’s website at
www.sec.gov.
MATTERS TO BE CONSIDERED:
1. The Commission will consider
whether to propose amendments to Rule
15c2–11 under the Securities Exchange
Act of 1934 that governs the publication
of quotations for securities in a
quotation medium other than a national
securities exchange, and issue proposed
guidance on the Rule and a concept
release requesting public comment on
information repositories.
2. The Commission will consider
whether to adopt a new rule and related
TIME AND DATE:
24 15
Jkt 247001
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
26 17
E:\FR\FM\23SEN1.SGM
CFR 200.30–3(a)(12).
23SEN1
Federal Register / Vol. 84, No. 184 / Monday, September 23, 2019 / Notices
amendments under the Securities Act of
1933 that permits issuers to engage in
oral or written communications with
certain institutional investors, either
prior to or following the filing of a
registration statement, to determine
whether such investors might have an
interest in a contemplated registered
securities offering.
3. The Commission will consider
whether to adopt a new rule under the
Investment Company Act of 1940 that
will permit exchange-traded funds that
satisfy certain conditions to operate
without first obtaining an exemptive
order, as well as related form
amendments and the rescission of
certain exemptive relief to ETFs and
their sponsors. The Commission will
also consider whether to issue a related
order granting exemptive relief from
certain provisions of the Securities
Exchange Act of 1934 and the rules
thereunder.
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
Vanessa A. Countryman, Office of the
Secretary, at (202) 551–5400.
Dated: September 18, 2019.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2019–20609 Filed 9–19–19; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–86996; File No. SR–
CboeBZX–2019–067]
jbell on DSK3GLQ082PROD with NOTICES
Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of
Designation of a Longer Period for
Commission Action on a Proposed
Rule Change, as Modified by
Amendment No. 1, To List and Trade
Shares of the Innovator-100 Buffer ETF
Series, Innovator Russell 2000 Buffer
ETF Series, Innovator-100 Power
Buffer ETF Series, Innovator Russell
2000 Power Buffer ETF Series,
Innovator-100 Ultra Buffer ETF Series,
and Innovator Russell 2000 Ultra
Buffer ETF Series
September 17, 2019.
On July 18, 2019, Cboe BZX
Exchange, Inc. (‘‘Exchange’’ or ‘‘BZX’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
to Section 19(b)(1) of the Securities
VerDate Sep<11>2014
17:55 Sep 20, 2019
Jkt 247001
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to list and trade the shares of the
Innovator-100 Buffer ETF Series and
Innovator Russell 2000 Buffer ETF
Series, Innovator-100 Power Buffer ETF
Series and Innovator Russell 2000
Power Buffer ETF Series, and Innovator100 Ultra Buffer ETF Series and
Innovator Russell 2000 Ultra Buffer ETF
Series under BZX Rule 14.11(i). The
proposed rule change was published for
comment in the Federal Register on
August 5, 2019.3 On August 29, 2019,
the Exchange filed Amendment No. 1 to
the proposed rule change.4 The
Commission has received no comment
letters on the proposed rule change.
Section 19(b)(2) of the Act 5 provides
that, within 45 days of the publication
of notice of the filing of a proposed rule
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding, or as to which the
self-regulatory organization consents,
the Commission shall either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day after
publication of the notice for this
proposed rule change is September 19,
2019.
The Commission is extending this 45day time period. The Commission finds
that it is appropriate to designate a
longer period within which to take
action on the proposal so that it has
sufficient time to consider the proposed
rule change, as modified by Amendment
No. 1. Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,6
designates November 3, 2019, as the
date by which the Commission shall
either approve or disapprove, or
institute proceedings to determine
whether to disapprove, the proposed
rule change (File No. SR–CboeBZX–
2019–067), as modified by Amendment
No. 1.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 86511
(July 30, 2019), 84 FR 38078.
4 Amendment No. 1 is available at: https://
www.sec.gov/comments/sr-cboebzx-2019-067/
srcboebzx2019067-6101764-192027.pdf.
5 15 U.S.C. 78s(b)(2).
6 Id.
7 17 CFR 200.30–3(a)(31).
2 17
PO 00000
Frm 00075
Fmt 4703
Sfmt 4703
49779
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–20480 Filed 9–20–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–86997; File No. SR–
NASDAQ–2019–071]
Self-Regulatory Organizations; The
Nasdaq Stock Market LLC; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend
Equity 7, Section 118(a)
September 17, 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
September 3, 2019, The Nasdaq Stock
Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘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.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Equity 7, Sections 118(a)(1), (2) and (3)
to add a new credit under each of these
rules for non-displayed orders (other
than Supplemental Orders) that provide
liquidity.
The text of the proposed rule change
is available on the Exchange’s website at
https://nasdaq.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
1 15
2 17
E:\FR\FM\23SEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
23SEN1
Agencies
[Federal Register Volume 84, Number 184 (Monday, September 23, 2019)]
[Notices]
[Pages 49778-49779]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-20609]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
TIME AND DATE: Notice is hereby given, pursuant to the provisions of
the Government in the Sunshine Act, Public Law 94-409, the Securities
and Exchange Commission will hold an Open Meeting on Wednesday,
September 25, 2019 at 10:00 a.m.
PLACE: The meeting will be held in Auditorium LL-002 at the
Commission's headquarters, 100 F Street NE, Washington, DC 20549.
STATUS: This meeting will begin at 10:00 a.m. (ET) and will be open to
the public. Seating will be on a first-come, first-served basis.
Visitors will be subject to security checks. The meeting will be
webcast on the Commission's website at www.sec.gov.
MATTERS TO BE CONSIDERED:
1. The Commission will consider whether to propose amendments to
Rule 15c2-11 under the Securities Exchange Act of 1934 that governs the
publication of quotations for securities in a quotation medium other
than a national securities exchange, and issue proposed guidance on the
Rule and a concept release requesting public comment on information
repositories.
2. The Commission will consider whether to adopt a new rule and
related
[[Page 49779]]
amendments under the Securities Act of 1933 that permits issuers to
engage in oral or written communications with certain institutional
investors, either prior to or following the filing of a registration
statement, to determine whether such investors might have an interest
in a contemplated registered securities offering.
3. The Commission will consider whether to adopt a new rule under
the Investment Company Act of 1940 that will permit exchange-traded
funds that satisfy certain conditions to operate without first
obtaining an exemptive order, as well as related form amendments and
the rescission of certain exemptive relief to ETFs and their sponsors.
The Commission will also consider whether to issue a related order
granting exemptive relief from certain provisions of the Securities
Exchange Act of 1934 and the rules thereunder.
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 Vanessa A. Countryman, Office of the Secretary, at (202)
551-5400.
Dated: September 18, 2019.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2019-20609 Filed 9-19-19; 11:15 am]
BILLING CODE 8011-01-P