Sunshine Act Meetings, 16277 [2022-06095]
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Federal Register / Vol. 87, No. 55 / Tuesday, March 22, 2022 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.14
J. Matthew DeLesDernier,
Assistant Secretary.
Dated: March 17, 2022.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2022–06095 Filed 3–18–22; 11:15 am]
BILLING CODE 8011–01–P
[FR Doc. 2022–05977 Filed 3–21–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–94432; File No. SR–
CboeBZX–2022–015]
Sunshine Act Meetings
2:00 p.m. on Thursday,
March 24, 2022.
PLACE: The meeting will be held via
remote means and/or 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.
In the event that the time, date, or
location of this meeting changes, an
announcement of the change, along with
the new time, date, and/or place of the
meeting will be posted on the
Commission’s website at https://
www.sec.gov.
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.
The subject matter of the closed
meeting will consist of the following
topics:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
Resolution of litigation claims; and
Other matters relating to examinations
and enforcement proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting agenda items that
may consist of adjudicatory,
examination, litigation, or regulatory
matters.
CONTACT PERSON FOR MORE INFORMATION:
For further information; please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
lotter on DSK11XQN23PROD with NOTICES1
TIME AND DATE:
Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend the
Fees Applicable to Various Market
Data Products
March 16, 2022.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on March 3,
2022, Cboe BZX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BZX’’) 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 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
Cboe BZX Exchange, Inc. (‘‘BZX’’ or
the ‘‘Exchange’’) is filing with the
Securities and Exchange Commission
(the ‘‘Commission’’) a proposed rule
change to amend the fees applicable to
various market data products. The text
of the proposed rule change is provided
in Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (https://markets.cboe.com/us/
equities/regulation/rule_filings/bzx/), at
the Exchange’s Office of the Secretary,
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
(Authority: 5 U.S.C. 552b.)
1 15
14 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
18:24 Mar 21, 2022
2 17
Jkt 256001
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00116
Fmt 4703
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16277
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
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 the
Market Data section applicable to its
equities trading platform (‘‘BZX
Equities’’). Particularly, the Exchange
proposes to (i) adopt a New External
Distributor Credit applicable to Cboe
One Premium, and (ii) extend the New
External Distributor Credit applicable to
BZX Summary Depth Feed from one (1)
month to three (3) months.3
By way of background, Cboe One
Premium is a data feed that
disseminates, on a real-time basis, the
aggregate best bid and offer (‘‘BBO’’) of
all displayed orders for securities traded
on BZX and its affiliated exchanges (i.e.,
Cboe BYX Exchange, Inc. (‘‘BYX’’), Cboe
EDGX Exchange, Inc. (‘‘EDGX’’), and
Cboe EDGA Exchange, Inc. (‘‘EDGA’’))
and contains optional functionality
which enables recipients to receive
aggregated two-sided quotations from
BZX and its affiliated equities
exchanges for up to five (5) price levels.4
Currently, the Exchange charges an
external distribution fee of $12,500 per
month to External Distributors 5 of Cboe
One Premium. The Exchange now
proposes to adopt a New External
Distributor Credit which provide that
new External Distributors of the Cboe
One Premium Feed will not be charged
an External Distributor Fee for their first
three (3) months in order to allow them
to enlist new Users to receive the Cboe
One Premium Feed. The Exchange
believes the proposal will incentivize
External Distributors to enlist new users
to receive Cboe One Premium. To
3 The Exchange initially filed the proposed fee
changes on January 3, 2022 (SR-CboeBZX–2022–
001). On March 3, 2022 the Exchange withdrew that
filing and submitted this proposal.
4 The Cboe Aggregated Market (‘‘Cboe One’’) Feed
is a data feed that contains the aggregate best bid
and offer of all displayed orders for securities
traded on the Exchange and its affiliated exchanges
(i.e., BYX, EDGX, and EDGA). See Exchange Rule
11.22(j). The Cboe One Feed contains optional
functionality which enables recipients to receive
aggregated two-sided quotations from the Cboe
Equities Exchanges for up to five (5) price levels
(‘‘Cboe One Premium Feed’’). The Cboe One
Premium external distribution fee is equal to the
aggregate BZX Summary Depth, BYX Summary
Depth, EDGX Summary Depth, and EDGA Summary
Depth external distribution fees.
5 An External Distributor of an Exchange Market
Data product is a Distributor that receives the
Exchange Market Data product and then distributes
that data to a third party or one or more Users
outside the Distributor’s own entity.
E:\FR\FM\22MRN1.SGM
22MRN1
Agencies
[Federal Register Volume 87, Number 55 (Tuesday, March 22, 2022)]
[Notices]
[Page 16277]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-06095]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
TIME AND DATE: 2:00 p.m. on Thursday, March 24, 2022.
PLACE: The meeting will be held via remote means and/or 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.
In the event that the time, date, or location of this meeting
changes, an announcement of the change, along with the new time, date,
and/or place of the meeting will be posted on the Commission's website
at https://www.sec.gov.
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.
The subject matter of the closed meeting will consist of the
following topics:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings;
Resolution of litigation claims; and
Other matters relating to examinations and enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting agenda items that may consist of
adjudicatory, examination, litigation, or regulatory matters.
CONTACT PERSON FOR MORE INFORMATION: For further information; please
contact Vanessa A. Countryman from the Office of the Secretary at (202)
551-5400.
(Authority: 5 U.S.C. 552b.)
Dated: March 17, 2022.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2022-06095 Filed 3-18-22; 11:15 am]
BILLING CODE 8011-01-P