Sunshine Act Meetings, 81999 [2020-27867]
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Federal Register / Vol. 85, No. 243 / Thursday, December 17, 2020 / Notices
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–MIAX–2020–37, and
should be submitted on or before
January 7, 2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.16
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–27719 Filed 12–16–20; 8:45 am]
December 21, 2020, during the Open
Meeting:
3. The Commission will consider
whether to approve a proposed rule
change by New York Stock Exchange
LLC to amend Chapter One of the Listed
Company Manual to modify the
provisions relating to direct listings.
CONTACT PERSON FOR MORE INFORMATION:
For further information and to ascertain
what, if any, matters have been added,
deleted or postponed, please contact the
Office of the Secretary at (202) 551–
5400.
Dated: December 14, 2020.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2020–27867 Filed 12–15–20; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–90650; File No. SR–
NYSEAMER–2020–84]
Self-Regulatory Organizations; NYSE
American LLC; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Amend the NYSE
American Options Fee Schedule
BILLING CODE 8011–01–P
December 11, 2020.
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
FEDERAL REGISTER CITATION OF PREVIOUS
ANNOUNCEMENTS: 85 FR 80875,
December 14, 2020.
PREVIOUSLY ANNOUNCED TIME AND DATE OF
THE MEETINGS: Wednesday, December
16, 2020 at 10:00 a.m.
The following
item will not be considered during the
Open Meeting on Wednesday, December
16, 2020:
2. The Commission will consider
whether to adopt amendments under
the Investment Advisers Act of 1940
(the ‘‘Advisers Act’’) to update rules that
govern investment adviser marketing to
accommodate the continual evolution
and interplay of technology and advice,
while preserving investor protections.
The Commission will also consider
whether to adopt amendments to Form
ADV to provide the Commission with
additional information about advisers’
marketing practices, and corresponding
amendments to the books and records
rule under the Advisers Act.
In addition, the following previously
scheduled matter will be considered on
CHANGES IN THE MEETING:
16 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
18:52 Dec 16, 2020
Jkt 253001
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 December
7, 2020, NYSE American LLC (‘‘NYSE
American’’ or the ‘‘Exchange’’) 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 selfregulatory 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 the
NYSE American Options Fee Schedule
(‘‘Fee Schedule’’) regarding credits and
incentives relating to Complex
Customer Best Execution Auctions. The
Exchange proposes to implement the fee
changes effective December 7, 2020.4
The proposed change is available on the
Exchange’s website at www.nyse.com, at
1 15
U.S.C. 78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
4 The Exchange originally filed to amend the Fee
Schedule on December 1, 2020 (SR–NYSEAMER–
2020–82) and withdrew such filing on December 7,
2020.
2 15
PO 00000
Frm 00131
Fmt 4703
Sfmt 4703
81999
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 purpose of this filing is to modify
the Fee Schedule to (1) amend the
criteria to qualify for a credit available
to Initiating Participants in a Complex
Customer Best Execution (‘‘CUBE’’)
Auction,5 and (2) eliminate an unused
incentive that had been designed to
encourage the use of Complex CUBE
Auctions. The Exchange proposes to
implement the rule changes on
December 7, 2020.
Proposed Modifications to the Fee
Schedule
Volume Qualification for Alternative
Initiating Participant Rebate
Section I.G. of the Fee Schedule sets
forth the rates for per contract fees and
credits for executions associated with
Single-Leg and Complex CUBE
Auctions.6 To encourage participants to
utilize Complex CUBE Auctions, the
Exchange offers rebates and credits on
certain initiating Complex CUBE
volume. Currently, the Exchange offers
Initiating Participant Rebates for the
first 1,000 contracts per leg of a
Complex CUBE Order executed in a
Complex CUBE Auction.7 The Exchange
offers an ACE Initiating Participant
Rebate to ATP Holders that qualify for
the American Customer Engagement
5 See generally Rule 971.2NY (regarding Complex
CUBE Auctions). Unless otherwise specified,
capitalized terms have the same meaning as the
defined terms in Rule 971.2NY.
6 See Fee Schedule, Section I.G., CUBE Auction
Fees & Credits.
7 See id., Complex CUBE Auction, note 2 (setting
forth both the ACE Initiating Participant Rebate and
the Alternative Initiating Participant Rebate).
E:\FR\FM\17DEN1.SGM
17DEN1
Agencies
[Federal Register Volume 85, Number 243 (Thursday, December 17, 2020)]
[Notices]
[Page 81999]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-27867]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENTS: 85 FR 80875,
December 14, 2020.
PREVIOUSLY ANNOUNCED TIME AND DATE OF THE MEETINGS: Wednesday,
December 16, 2020 at 10:00 a.m.
CHANGES IN THE MEETING: The following item will not be considered
during the Open Meeting on Wednesday, December 16, 2020:
2. The Commission will consider whether to adopt amendments under
the Investment Advisers Act of 1940 (the ``Advisers Act'') to update
rules that govern investment adviser marketing to accommodate the
continual evolution and interplay of technology and advice, while
preserving investor protections. The Commission will also consider
whether to adopt amendments to Form ADV to provide the Commission with
additional information about advisers' marketing practices, and
corresponding amendments to the books and records rule under the
Advisers Act.
In addition, the following previously scheduled matter will be
considered on December 21, 2020, during the Open Meeting:
3. The Commission will consider whether to approve a proposed rule
change by New York Stock Exchange LLC to amend Chapter One of the
Listed Company Manual to modify the provisions relating to direct
listings.
CONTACT PERSON FOR MORE INFORMATION: For further information and to
ascertain what, if any, matters have been added, deleted or postponed,
please contact the Office of the Secretary at (202) 551-5400.
Dated: December 14, 2020.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2020-27867 Filed 12-15-20; 11:15 am]
BILLING CODE 8011-01-P