[Federal Register: February 8, 2010 (Volume 75, Number 25)]
[Notices]
[Page 6239-6241]
[DOCID:fr08fe10-98]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-61455; File No. SR-NASDAQ-2010-013]

Self-Regulatory Organizations; The NASDAQ Stock Market LLC;
Notice of Filing and Immediate Effectiveness of a Proposed Rule Change
To Add Seventy-Five Options Classes to the Penny Pilot Program

February 1, 2010.
    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 January 25, 2010, The NASDAQ Stock Market LLC (``Nasdaq'') 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 Nasdaq. The Commission is publishing
this notice to solicit comments on the proposed rule change from
interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    Nasdaq is filing with the Securities and Exchange Commission
(``SEC'' or ``Commission'') a proposal for the NASDAQ Options Market
(``NOM'' or ``Exchange'') to designate seventy-five options classes to
be added to the Penny Pilot Program (``Penny Pilot'' or ``Pilot'') on
February 1, 2010.\3\ The Exchange is not proposing to amend any rule
text, but simply administering or enforcing an existing rule.\4\
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    \3\ The Penny Pilot was established in March 2008 and in October
2009 was expanded and extended through December 31, 2010. See
Securities Exchange Act Release Nos. 57579 (March 28, 2008), 73 FR
18587 (April 4, 2008)(SR-NASDAQ-2008-026)(notice of filing and
immediate effectiveness establishing Penny Pilot); 60874 (October
23, 2009)(SR-NASDAQ-2009-091)(notice of filing and immediate
effectiveness expanding and extending Penny Pilot); and 60965
(November 9, 2009)(SR-NASDAQ-2009-097)(notice of filing and
immediate effectiveness adding seventy-five classes to Penny Pilot).
    \4\ See Chapter VI, Section 5 regarding the Penny Pilot.
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    The text of the proposed rule change is available from Nasdaq's Web
site at http://nasdaq.cchwallstreet.com/Filings/, at Nasdaq's principal
office, 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, Nasdaq 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. Nasdaq 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 purpose of this filing is to identify the next seventy-five
options classes to be added to the Penny Pilot effective February 1,
2010.
    In the Exchange's immediately effective filing to extend and expand
the Penny Pilot through December 31, 2010,\5\ the Exchange proposed
expanding the Pilot four times on a quarterly basis. Each such
quarterly expansion would be of the next seventy-five most actively
traded multiply listed options classes based on the national average
daily volume (``ADV'') for the six months prior to selection, closing
under $200 per share on the Expiration Friday prior to expansion;
however, the month immediately preceding the addition of options to the
Penny Pilot will not be used for the purpose of the six month analysis.
Index option products would be included in the quarterly expansions if
the underlying index levels were under 200.
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    \5\ See Securities Exchange Act Release No. 60874 (October 23,
2009), 74 FR 56682 (November 2, 2009)(SR-NASDAQ-2009-091)(notice of
filing and immediate effectiveness).
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    The Exchange is identifying, in the chart below, seventy-five
options classes that it will add to the Penny Pilot on February 1,
2010, based on ADVs for the six months ending December 31, 2009.

----------------------------------------------------------------------------------------------------------------
         Nat'l ranking             Symbol       Company name      Nat'l ranking      Symbol       Company name
----------------------------------------------------------------------------------------------------------------
131...........................  ABT          Abbott             192.............  LEAP         Leap Wireless
                                              Laboratories                                      International
                                                                                Inc.
169...........................  AEM          Agnico-Eagle       205.............  LLY          Eli Lilly & Co.
                                              Mines Ltd
151...........................  AET          Aetna Inc          162.............  LO           Lorillard Inc.

156...........................  AFL          Aflac Inc          152.............  LOW          Lowe's Cos Inc.
181...........................  AKAM         Akamai             176.............  M            Macy's Inc.
                                              Technologies Inc
178...........................  AMAT         Applied Materials  155.............  MCO          Moody's Corp.
                                              Inc
117...........................  AMR          AMR Corp           217.............  MET          MetLife Inc.
166...........................  ANF          Abercrombie &      187.............  MMM          3M Co.
                                              Fitch Co
172...........................  APC          Anadarko           140.............  MU           Micron Technology
                                              Petroleum Corp                                    Inc.
209...........................  ATVI         Activision         177.............  NUE          Nucor Corp.
                                              Blizzard Inc
145...........................  BBD          Banco Bradesco SA  157.............  OXY          Occidental
                                                                                Petroleum Corp.
190...........................  BCRX         BioCryst           158.............  PARD         Poniard
                                              Pharmaceuticals                                   Pharmaceuticals
                                              Inc                                               Inc.
218...........................  BK           Bank of New York   150.............  PEP          PepsiCo Inc/NC.
                                              Mellon Corp/The
194...........................  BRCM         Broadcom Corp      141.............  PM           Philip Morris
                                                                                International
                                                                                Inc.
184...........................  BTU          Peabody Energy     185.............  PNC          PNC Financial
                                              Corp                                              Services Group
                                                                                Inc.
144...........................  BX           Blackstone Group   216.............  QID          ProShares
                                              LP                                                UltraShort QQQ.
200...........................  CAL          Continental        149.............  SHLD         Sears Holdings
                                              Airlines Inc                                      Corp.
211...........................  CF           CF Industries      175.............  SLM          SLM Corp.
                                              Holdings Inc
142...........................  CMCSA        Comcast Corp       212.............  SLW          Silver Wheaton
                                                                                Corp.
203...........................  CSX          CSX Corp           215.............  SQNM         Sequenom Inc.
143...........................  CVS          CVS Caremark Corp  153.............  STEC         STEC Inc.
174...........................  CX           Cemex SAB de CV    219.............  STX          Seagate
                                                                                Technology.
183...........................  DD           EI du Pont de      202.............  SU           Suncor Energy
                                              Nemours & Co                                      Inc.
146...........................  ERTS         Electronic Arts    207.............  TCK          Teck Resources
                                              Inc                                               Ltd.
121...........................  EWJ          iShares MSCI       196.............  TEVA         Teva
                                              Japan Index Fund                                  Pharmaceutical
                                                                                Industries Ltd.
186...........................  FDX          FedEx Corp         135.............  TLT          iShares Barclays
                                                                                20+ Year
                                                                                Treasury Bond
                                                                                Fund.
118...........................  FNM          Federal National   214.............  TZA          Direxion Daily
                                              Mortgage                                          Small Cap Bear
                                              Association                                       3X Shares.
182...........................  FRE          Federal Home Loan  168.............  UAUA         UAL Corp.
                                              Mortgage Corp
179...........................  GILD         Gilead Sciences    154.............  URE          ProShares Ultra
                                              Inc                                               Real Estate.
198...........................  GLW          Corning Inc        180.............  UTX          United
                                                                                Technologies
                                                                                Corp.
170...........................  HBC          HSBC Holdings PLC  204.............  WFR          MEMC Electronic
                                                                                Materials Inc.
197...........................  HES          Hess Corp          115.............  WFT          Weatherford
                                                                                International
                                                                                Ltd.
161...........................  HL           Hecla Mining Co    165.............  WLP          WellPoint Inc.
193...........................  HOG          Harley-Davidson    191.............  XLB          Materials Select
                                              Inc                                               Sector SPDR
                                                                                Fund.
206...........................  HON          Honeywell          173.............  XRX          Xerox Corp.
                                              International
                                              Inc
210...........................  JOYG         Joy Global Inc     148.............  XTO          XTO Energy Inc.
213...........................  JWN          Nordstrom Inc      130.............  YRCW         YRC Worldwide
                                                                                Inc.
137...........................  KFT          Kraft Foods Inc    ................  ...........  .................
----------------------------------------------------------------------------------------------------------------

2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act \6\ in general, and furthers the objectives of Section
6(b)(5) of the Act \7\ in particular, in that it is designed to prevent
fraudulent and manipulative acts and practices, to promote just and
equitable principles of trade, to foster cooperation and coordination
with persons engaged in facilitating transactions in securities, and to
remove impediments to and perfect the mechanisms of a free and open
market and a national market system, by identifying the options classes
to be added to the Penny Pilot in a manner consistent with prior
approvals and filings.
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    \6\ 15 U.S.C. 78f(b).
    \7\ 15 U.S.C. 78f(b)(5).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    Nasdaq does not believe that the proposed rule change will result
in any burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants or Others

    Written comments were neither solicited nor received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    Pursuant to Section 19(b)(3)(A)(i) of the Act \8\ and Rule 19b-
4(f)(1) thereunder,\9\ Nasdaq has designated this proposal as one
constituting a stated policy, practice, or interpretation with respect
to the meaning, administration, or enforcement of an existing rule.
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    \8\ 15 U.S.C. 78s(b)(3)(A)(i).
    \9\ 17 CFR 240.19b-4(f)(1).
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    At any time within 60 days of the filing of the proposed rule
change, the Commission may summarily abrogate 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, 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 (http://
www.sec.gov/rules/sro.shtml); or
     Send an e-mail to<EMAIL_ADDRESS>Please include
File Number SR-NASDAQ-2010-013 on the subject line.

Paper Comments

     Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.

All submissions should refer to File Number SR-NASDAQ-2010-013. This
file number should be included on the subject line if e-mail 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 Web site (http://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 inspection
and copying in the Commission's Public Reference Room, 100 F Street,
NE., Washington, DC 20549, on official business days between the hours
of 10 a.m. and 3 p.m. Copies of such filing also will be available for
inspection and copying at the principal office of the Exchange. All
comments received will be posted without change; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File No. SR-NASDAQ-2010-013 and should be
submitted on or before March 1, 2010.

    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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Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-2584 Filed 2-5-10; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 87, Number 217 (Thursday, November 10, 2022)]
[Notices]
[Page 67992]
[FR Doc No: 2022-24523]

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DEPARTMENT OF TRANSPORTATION

Federal Railroad Administration

Notice of Final Agency Actions on Proposed Railroad Project in
California, on Behalf of the California High-Speed Rail Authority

AGENCY: Federal Railroad Administration (FRA), Department of
Transportation (DOT).

ACTION: Notice.

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SUMMARY: FRA, on behalf of the California High-Speed Rail Authority
(Authority), is issuing this notice to announce actions taken by the
Authority that are final. By this notice, FRA is advising the public of
the time limit to file a claim seeking judicial review of the actions.
The actions relate to the California High-Speed Rail San Francisco to
San Jose Project Section (Project). These actions grant approvals for
project implementation pursuant to the National Environmental Policy
Act (NEPA) and other laws, regulations, and executive orders.

DATES: A claim seeking judicial review of the agency actions on the
Project will be barred unless the claim is filed on or before November
12, 2024. If Federal law later authorizes a time period of less than 2
years for filing such claim, then that shorter time period applies.

FOR FURTHER INFORMATION CONTACT:
    For the Authority: Scott Rothenberg, NEPA Assignment Manager,
Environmental Services, California High-Speed Rail Authority,
telephone:<PHONE_NUMBER>; email: [email protected].
    For FRA: Lana Lau, Supervisory Environmental Protection Specialist,
Office of Environmental Program Management (RRD-30), telephone: (202)
923-5314; email: [email protected].

SUPPLEMENTARY INFORMATION: Effective July 23, 2019, the FRA assigned,
and the State of California acting through the Authority assumed,
environmental responsibilities for the California High-Speed Rail (HSR)
System pursuant to 23 U.S.C. 327. Notice is hereby given that the
Authority has taken final agency actions subject to 23 U.S.C. 139(l)(1)
and 49 U.S.C. 24201(a)(4) by issuing approvals for the Project.
    The purpose of the California HSR System \1\ is to provide a
reliable, high-speed, electric-powered train system that links the
major metropolitan areas of California, delivering predictable and
consistent travel times. A further objective is to provide an interface
with commercial airports, mass transit, and the highway network, and to
relieve capacity constraints of the existing transportation system as
increases in intercity travel demand in California occur, in a manner
sensitive to and protective of California's unique natural resources.
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    \1\ The California HSR System would be implemented in two
phases. Phase 1 would connect San Francisco to Los Angeles and
Anaheim via the Pacheco Pass and the southern Central Valley. Phase
2 would extend the HSR system from the Central Valley (starting at
the Merced Station) to the state's capital in Sacramento and from
Los Angeles to San Diego.
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    The Authority has selected the HSR Build Alternative A, with
modified Caltrain stations for HSR at 4th and King Street and Millbrae
Station, the Millbrae Station Design, the East Brisbane light
maintenance facility, and associated project elements, for the portion
of the Project between the 4th and King Street Station in San Francisco
and Scott Boulevard in Santa Clara, as identified in the Final
Environmental Impact Statement (Final EIS) and Record of Decision (ROD)
for the Project, because the Selected Alternative (1) best satisfies
the Purpose, Need, and Objectives for the Project and (2) minimizes
impacts on the natural and human environment by utilizing an existing
transportation corridor where practicable and incorporating mitigation
measures where practicable.
    The Authority previously approved the portion of the Project
between Scott Boulevard in Santa Clara and West Alma Avenue in San Jose
(including the San Jose Diridon Station) as part of the San Jose to
Merced Project Section (87 FR 37373). The actions by the Authority, and
the laws under which such actions were taken, are described in the
Project's Final EIS published on June 10, 2022, and the ROD signed on
October 14, 2022. The ROD, Final EIS, and other documents will be
available online in PDF at the Authority's website (www.hsr.ca.gov) and
via electronic media by calling<PHONE_NUMBER>.
    This notice applies to the ROD, Final EIS, and all other Federal
agency decisions with respect to the Project as of the issuance date of
this notice and all laws under which such actions were taken, including
but not limited to:
    1. NEPA;
    2. Council on Environmental Quality regulations (1978); \2\
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    \2\ The Council on Environmental Quality (CEQ) issued new
regulations on July 14, 2020, effective September 14, 2020, updating
the NEPA implementing procedures at 40 CFR 1500 through 1508.
However, this project initiated NEPA before the effective date and
relies on the CEQ regulations as they existed prior to September 14,
2020. All subsequent citations to the CEQ regulations in the ROD and
Final EIS refer to the 1978 regulations, consistent with 40 CFR
1506.13 (2020) and the preamble at 85 FR 43340.
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    3. Fixing America's Surface Transportation Act;
    4. Department of Transportation Act of 1966, Section 4(f);
    5. Land and Water Conservation Fund Act of 1965, Section 6(f);
    6. Clean Air Act Amendments of 1990;
    7. Clean Water Act of 1977 and 1987;
    8. Endangered Species Act of 1973;
    9. Migratory Bird Treaty Act;
    10. National Historic Preservation Act of 1966, as amended;
    11. Executive Order 11990, Protection of Wetlands;
    12. Executive Order 11988, Floodplain Management;
    13. Executive Order 12898, Federal Actions to Address Environmental
Justice in Minority Populations and Low-Income Populations;
    14. Executive Order 13112, Invasive Species.

    Issued in Washington, DC.
Jamie P. Rennert,
Director, Office of Infrastructure Investment.
[FR Doc. 2022-24523 Filed 11-9-22; 8:45 am]
BILLING CODE 4910-06-P