[Federal Register Volume 78, Number 63 (Tuesday, April 2, 2013)]
[Rules and Regulations]
[Pages 19596-19599]
[FR Doc No: 2013-07391]

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ENVIRONMENTAL PROTECTION AGENCY

40 CFR Part 52

[EPA-R06-OAR-2012-0639; FRL-9795-4]

Approval and Promulgation of Air Quality Implementation Plans;
Arkansas; Prevention of Significant Deterioration; Greenhouse Gas
Tailoring Rule Revisions

AGENCY: Environmental Protection Agency (EPA).

ACTION: Final rule.

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SUMMARY: The EPA is taking final action to approve two revisions to the
Arkansas State Implementation Plan (SIP) submitted by the Arkansas
Department of Environmental Quality (ADEQ) to EPA on February 17, 2010,
and November 6, 2012. The February 17, 2010, SIP revision to the
Arkansas New Source Review (NSR) Prevention of Significant
Deterioration (PSD) program updates the Arkansas SIP to incorporate by
reference (IBR) requirements for the federal PSD permitting program
under EPA's November 29, 2005 Phase 2 8-hour Ozone Implementation rule.
The November 6, 2012, SIP revision to the Arkansas NSR PSD program
provides the state of Arkansas with the authority to issue PSD permits
governing greenhouse gas (GHG) emissions and establishes appropriate
emission thresholds for determining which new stationary sources and
modifications to existing stationary sources become subject to
Arkansas's PSD permitting requirements for their GHG emissions. The
November 6, 2012 SIP revision also defers until July 21, 2014,
application of the PSD permitting requirements to biogenic carbon
dioxide emissions from bioenergy and other biogenic stationary sources.
EPA is approving the February 17, 2010, and November 6, 2012, SIP
revisions to the Arkansas NSR PSD permitting program as consistent with
federal requirements for PSD permitting. As a result of this approval,
EPA is rescinding the GHG PSD Federal Implementation Plan (FIP) for
Arkansas that was put in place on December 30, 2010, to ensure the
availability of a permitting authority for GHG permitting in Arkansas.
EPA is finalizing this action under section 110 and part C of the Act.

DATES: This final rule will be effective May 2, 2013.

ADDRESSES: EPA has established a docket for this action under Docket ID
No. EPA-R06-OAR-2012-0639. All documents in the docket are listed in
the http://www.regulations.gov index. Although listed in the index,
some information is not publicly available, e.g., Confidential Business
Information or other information the disclosure of which is restricted
by statute. Certain other material, such as copyrighted material, will
be publicly available only in hard copy. Publicly available docket
materials are available either electronically in http://www.regulations.gov or in hard copy at the Air Permits Section (6PD-R),
Environmental Protection Agency, 1445 Ross Avenue, Suite 700, Dallas,
Texas 75202-2733. The file will be made available by appointment for
public inspection in the Region 6 FOIA Review Room between the hours of
8:30 a.m. and 4:30 p.m. weekdays except for legal holidays. Contact the
person listed in the FOR FURTHER INFORMATION CONTACT paragraph below or
Mr. Bill Deese at<PHONE_NUMBER> to make an appointment. If possible,
please make the appointment at least two working days in advance of
your visit. A 15 cent per page fee will be charged for making
photocopies of documents. On the day of the visit, please check in at
the EPA Region 6 reception area on the seventh floor at 1445 Ross
Avenue, Suite 700, Dallas, Texas 75202-2733.
    The State submittals related to this SIP revision, and which are
part of the EPA docket, are also available for public inspection at the
Local Air Agency listed below during official business hours by
appointment: Arkansas Department of Environmental Quality, 5301
Northshore Drive, North Little Rock, Arkansas 72118-5317.

FOR FURTHER INFORMATION CONTACT: Mr. Mike Miller (6PD-R), Air Permits
Section, Environmental Protection Agency, Region 6, 1445 Ross Avenue
(6PD-R), Suite 1200, Dallas, TX 75202-2733. The telephone number is
(214) 665-7550. Mr. Miller can also be reached via electronic mail at
<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: Throughout this document whenever ``we,''
``us,'' or ``our'' is used, we mean EPA.

Table of Contents

I. What is the background for this action?
II. What final action is EPA taking?
III. Statutory and Executive Order Reviews

I. What is the background for this action?

    The background for today's final rule and the EPA's national
actions pertaining to GHGs is discussed in detail in our January 11,
2013 proposal (see 78 FR 2354). The comment period was open for thirty
days and no comments were received.

II. What final action is EPA taking?

    We are approving Arkansas's February 17, 2010 SIP submittal, which
updates the Arkansas SIP to incorporate by reference (IBR) requirements
for the federal PSD permitting program under EPA's November 29, 2005
Phase 2 8-hour Ozone Implementation rule.
    We are also approving Arkansas's November 6, 2012, SIP submittal,
relating to PSD permitting requirements for GHG-emitting sources in
Arkansas. Specifically, the SIP revision provides the state of Arkansas
with the authority to issue PSD permits governing greenhouse gas (GHG)
emissions and establishes appropriate emission thresholds for
determining which new stationary sources and modifications to existing
stationary sources become subject to Arkansas's PSD permitting
requirements for their GHG emissions. The November 6, 2012, SIP
revision also defers until July 21, 2014, application of the PSD
permitting requirements to biogenic carbon dioxide emissions from
bioenergy and other biogenic stationary sources.
    EPA has made the determination that the February 17, 2010, and
November 6, 2012, revisions to the Arkansas SIP for PSD permitting are
approvable because the revisions were adopted and submitted as SIP
revisions in accordance with the CAA and EPA regulations regarding PSD
permitting for 8-hour ozone and GHGs. We are taking this final action
today under section 110 and part C of the Act.
    As explained in our January 11, 2013 proposal (see 78 FR 2354), as
a result of today's action we are also rescinding the GHG PSD FIP for
Arkansas at 40 CFR 52.37(b)(2). Therefore, as of the effective date of
this final rule, the EPA will no longer be the PSD permitting authority
for GHG-emitting sources in Arkansas.

III. Statutory and Executive Order Reviews

A. Executive Order 12866--Regulatory Planning and Review and Executive
Order 13563: Improving Regulation and Regulatory Review

    This action is not a ``significant regulatory action'' under the
terms of

Executive Order 12866 (58 FR 51735, October 4, 1993) and is therefore
not subject to review under Executive Orders 12866 and 13563 (76 FR
3821, January 21, 2011).

B. Paperwork Reduction Act

    This action does not impose an information collection burden under
the provisions of the Paperwork Reduction Act, 44 U.S.C. 3501 et seq.
because this SIP approval and FIP rescission under section 110 and part
C of the Clean Air Act will not in-and-of itself create any new
information collection burdens but simply transfers the permitting
authority from EPA to the State. Burden is defined at 5 CFR 1320.3(b).
Because this final action does not impose an information collection
burden, the Paperwork Reduction Act does not apply.

C. Regulatory Flexibility Act

    The Regulatory Flexibility Act (RFA) generally requires an agency
to conduct a regulatory flexibility analysis of any rule subject to
notice and comment rulemaking requirements unless the agency certifies
that the rule will not have a significant economic impact on a
substantial number of small entities. Small entities include small
businesses, small not-for-profit enterprises, and small governmental
jurisdictions.
    For purposes of assessing the impacts of today's rule on small
entities, small entity is defined as: (1) A small business as defined
by the Small Business Administration's (SBA) regulations at 13 CFR
121.201; (2) a small governmental jurisdiction that is a government of
a city, county, town, school district or special district with a
population of less than 50,000; and (3) a small organization that is
any not-for-profit enterprise which is independently owned and operated
and is not dominant in its field.
    This rule will transfer the permitting responsibility of GHG
emissions from EPA to the State of Arkansas. This final rule will lead
to permitting requirements for certain sources of GHG emissions;
however these sources are large emitters of GHGs and tend to be large
sources. Further, this rule will not have a significant impact on a
substantial number of small entities because SIP approvals under
section 110 and part C of the Clean Air Act do not create any new
requirements but simply approve requirements that the States are
already imposing. After considering the economic impacts of this rule
on small entities, I certify that this action will not have a
significant economic impact on a substantial number of small entities.
This final rule will not impose any requirements on small entities.

D. Unfunded Mandates Reform Act

    This action contains no Federal mandates under the provisions of
Title II of the Unfunded Mandates Reform Act of 1995 (UMRA), 2 U.S.C.
1531-1538 for State, local, or tribal governments or the private
sector. This action imposes no enforceable duty on any State, local or
tribal governments or the private sector. Therefore, this action is not
subject to the requirements of sections 202 or 205 of the UMRA.
    This action is also not subject to the requirements of section 203
of UMRA because it contains no regulatory requirements that might
significantly or uniquely affect small governments. This action
transfers permitting responsibility of GHG emissions from EPA to the
State of Arkansas. Small governments are not impacted.

E. Executive Order 13132--Federalism

    This action does not have federalism implications. It will not have
substantial direct effects on Arkansas, on the relationship between the
national government and the State of Arkansas, or on the distribution
of power and responsibilities among the various levels of government,
as specified in Executive Order 13132. The CAA specifies conditions
under which states may request, and EPA may approve state
implementation of CAA requirements. This rulemaking approves PSD
permitting provisions in the state of Arkansas for GHG emissions, and
as a consequence of the SIP approval, simultaneously rescinds federal
PSD permitting responsibility for GHG emissions in Arkansas. This
rulemaking is pursuant to the SIP approval and requirements of the CAA.
As such, this final rule does not change the balance of power between
Arkansas and EPA as provided for in the CAA. Thus, Executive Order
13132 does not apply to this action.
    In the spirit of Executive Order 13132, and consistent with EPA
policy to promote communications between EPA and State and local
governments, EPA specifically solicited comment on the proposed action
from State and local officials. EPA received no comments from state or
local governments on this rulemaking.

F. Executive Order 13175--Consultation and Coordination With Indian
Tribal Governments

    This action does not have tribal implications, as specified in
Executive Order 13175 (65 FR 67249, November 9, 2000). In this action,
EPA is not addressing any Tribal Implementation Plans. This action is
limited to Arkansas's PSD SIP. Thus, Executive Order 13175 does not
apply to this action.

G. Executive Order 13045--Protection of Children From Environmental
Health Risks and Safety Risks

    EPA interprets EO 13045 (62 FR 19885, April 23, 1997) as applying
only to those regulatory actions that concern health or safety risks,
such that the analysis required under section 5-501 of the EO has the
potential to influence the regulation. This action is not subject to EO
13045 because EPA is approving revisions to the Arkansas PSD SIP for
permitting of GHG emissions, as authorized by the CAA.

H. Executive Order 13211--Actions Concerning Regulations That
Significantly Affect Energy Supply, Distribution, or Use

    This action is not subject to Executive Order 13211 (66 FR 28355
(May 22, 2001)), because it is not a significant regulatory action
under Executive Order 12866.

I. National Technology Transfer and Advancement Act

    Section 12(d) of the National Technology Transfer and Advancement
Act of 1995 (``NTTAA''), Public Law 104-113, 12(d) (15 U.S.C. 272 note)
directs EPA to use voluntary consensus standards in its regulatory
activities unless to do so would be inconsistent with applicable law or
otherwise impractical. Voluntary consensus standards are technical
standards (e.g., materials specifications, test methods, sampling
procedures, and business practices) that are developed or adopted by
voluntary consensus standards bodies. NTTAA directs EPA to provide
Congress, through OMB, explanations when the Agency decides not to use
available and applicable voluntary consensus standards. This action
does not involved technical standards. Therefore, EPA did not consider
the use of any voluntary consensus standards.

J. Executive Order 12898--Federal Actions to Address Environmental
Justice in Minority Populations and Low-Income Populations.

    Executive Order (EO) 12898 (59 FR 7629 (Feb. 16, 1994)) establishes
federal executive policy on environmental justice. Its main provision
directs federal agencies, to the greatest extent practicable and
permitted by law, to make environmental justice part of their mission
by identifying and addressing, as appropriate, disproportionately high

and adverse human health or environmental effects of their programs,
policies, and activities on minority populations and low-income
populations in the United States.
    EPA has determined that this final rule will not have
disproportionately high and adverse human health or environmental
effects on minority or low-income populations because it increases the
level of environmental protection for all affected populations without
having any disproportionately high and adverse human health or
environmental effects on any population, including any minority or low-
income population. This rule requires the State of Arkansas to assume
the responibiity for permitting GHG emissions subject to PSD
requirements. This final rule approves the Arkansas SIP as meeting
Federal requirements for GHG PSD permitting and imposes no additional
requirements beyond those imposed by Arkansas law.

K. Congressional Review Act

    The Congressional Review Act, 5 U.S.C. 801 et seq., as added by the
Small Business Regulatory Enforcement Fairness Act of 1996, generally
provides that before a rule may take effect, the agency promulgating
the rule must submit a rule report, which includes a copy of the rule,
to each House of the Congress and to the Comptroller General of the
United States. EPA will submit a report containing this action and
other required information to the U.S. Senate, the U.S. House of
Representatives, and the Comptroller General of the United States prior
to publication of the rule in the Federal Register. A major rule cannot
take effect until 60 days after it is published in the Federal
Register. This action is not a ``major rule'' as defined by 5 U.S.C.
804(2).

L. Petitions for Judicial Review

    Under section 307(b)(1) of the Clean Air Act, petitions for
judicial review of this action must be filed in the United States Court
of Appeals for the appropriate circuit by June 3, 2013. Filing a
petition for reconsideration by the Administrator of this final rule
does not affect the finality of this action for the purposes of
judicial review nor does it extend the time within which a petition for
judicial review may be filed, and shall not postpone the effectiveness
of such rule or action. This action may not be challenged later in
proceedings to enforce its requirements. (See section 307(b)(2).)

List of Subjects in 40 CFR Part 52

    Environmental protection, Air pollution control, Incorporation by
reference, Intergovernmental relations, Reporting and recordkeeping
requirements.

    Dated: March 22, 2013.
Bob Perciasepe,
Acting Administrator.

    40 CFR part 52 is amended as follows:

PART 52--[AMENDED]

0
1. The authority citation for part 52 continues to read as follows:

    Authority: 42 U.S.C. 7401 et seq.

Subpart A--General Provisions

0
2. Section 52.37 is amended by removing and reserving paragraph (b)(2).

Subpart E--Arkansas

0
3. Section 52.170(c) is amended by revising the entries for Sections
19.902, 19.903, and 19.904 under the first table titled ``EPA-Approved
Regulations in the Arkansas SIP''.
    The revisions read as follows:

Sec.  52.170  Identification of plan.

* * * * *
    (c) * * *

                                  EPA-Approved Regulations in the Arkansas SIP
----------------------------------------------------------------------------------------------------------------
                                                       State submittal/
         State citation              Title/subject      effective date     EPA approval date      Explanation
----------------------------------------------------------------------------------------------------------------
         Regulation No. 19: Regulations of the Arkansas Plan of Implementation for Air Pollution Control
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                                                  * * * * * * *
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                               Chapter 9: Prevention of Significant Deterioration
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                                                  * * * * * * *
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Reg 19.902......................  Purposes..........  1/25/2009.........  4/2/13 [Insert FR   ..................
                                                                           page number where
                                                                           document begins].
Reg 19.903......................  Definitions.......  1/25/2009.........  4/2/13 [Insert FR   ..................
                                                                           page number where
                                                                           document begins].
Reg 19.904......................  Adoption of         11/18/2012........  4/2/13 [Insert FR   ..................
                                   Regulations.                            page number where
                                                                           document begins].

                                                  * * * * * * *
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[FR Doc. 2013-07391 Filed 4-1-13; 8:45 am]
BILLING CODE 6560-50-P


[Federal Register Volume 80, Number 234 (Monday, December 7, 2015)]
[Notices]
[Page 76013]
[FR Doc No: 2015-30706]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings #2

    Take notice that the Commission received the following electric
rate filings:

    Docket Numbers: ER15-58-003; ER15-30-003; ER15-2602-001; ER15-2243-
001; ER15-2134-001; ER15-1375-001; ER15-1016-001; ER14-2710-005; ER14-
2709-005; ER14-2708-006; ER14-21-004; ER14-1630-005; ER13-2474-004;
ER13-2461-003; ER13-2458-002; ER12-895-008; ER12-676-007; ER12-631-008;
ER12-2444-007; ER12-1880-009; ER12-1660-008; ER11-4678-008; ER11-4677-
008; ER11-4462-013; ER11-4428-010; ER11-2365-007; ER11-2192-008; ER10-
2720-010; ER10-2078-009; ER10-1995-007; ER10-1994-007; ER10-1993-008;
ER10-1991-008; ER10-1990-008; ER10-1989-007; ER10-1986-008; ER10-1985-
007; ER10-1984-008; ER10-1983-008; ER10-1976-007; ER10-1975-018; ER10-
1974-017; ER10-1973-007; ER10-1972-008; ER10-1971-022; ER10-1970-008;
ER10-1968-008; ER10-1967-008; ER10-1951-010.
    Applicants: Mantua Creek Solar, LLC, McCoy Solar, LLC, Meyersdale
Storage, LLC, Meyersdale Windpower LLC, Mill Run Windpower, LLC, Minco
Wind, LLC, Minco Wind II, LLC, Minco Wind III, LLC, Minco Wind
Interconnection Services, LLC, Mountain View Solar, LLC, NEPM II, LLC,
NextEra Energy Duane Arnold, LLC, NextEra Energy Montezuma II Wind,
LLC, NextEra Energy Point Beach, LLC, NextEra Energy Power Marketing,
LLC, NextEra Energy Seabrook, LLC, NextEra Energy Services
Massachusetts, LLC, Northeast Energy Associates, A Limited Partnership,
North Jersey Energy Associates, A Limited Partnership, North Sky River
Energy, LLC, Northern Colorado Wind Energy, LLC, Osceola Windpower,
LLC, Osceola Windpower II, LLC, Palo Duro Wind Energy, LLC, Palo Duro
Wind Interconnection Services, LLC, Paradise Solar Urban Renewal,
L.L.C., Peetz Table Wind Energy, LLC, Pennsylvania Windfarms, Inc.,
Perrin Ranch Wind, LLC, Pheasant Run Wind, LLC, Red Mesa Wind, LLC,
Seiling Wind, LLC, Seiling Wind II, LLC, Seiling Wind Interconnection
Services, LLC, Silver State Solar Power South, LLC, Shafter Solar, LLC,
Sky River LLC, Sky River Asset Holdings, LLC, Somerset Windpower, LLC,
Steele Flats Wind Project, LLC, Story Wind, LLC, Tuscola Bay Wind, LLC,
Tuscola Wind II, LLC, Vasco Winds, LLC, Waymart Wind Farm, L.P.,
Wessington Wind Energy Center, LLC, White Oak Energy LLC, Wilton Wind
II, LLC, Windpower Partners 1993, LLC.
    Description: Supplement to October 280, 2015 Notice of Change in
Status of the NextEra Energy Companies [Part 2 of 2].
    Filed Date: 11/25/15.
    Accession Number: 20151125-5335.
    Comments Due: 5 p.m. ET 12/16/15.

    Docket Numbers: ER15-2565-001.
    Applicants: California Independent System Operator Corporation.
    Description: Compliance filing: 2015-11-30 Compliance Filing-EIM
Transition Period to be effective 11/1/2015.
    Filed Date: 11/30/15.
    Accession Number: 20151130-5248.
    Comments Due: 5 p.m. ET 12/21/15.

    Docket Numbers: ER16-424-000.
    Applicants: Dominion Energy Manchester Street, Inc.
    Description: Compliance filing: Compliance Filing--DEMS Removal of
Affiliate Waiver to be effective 11/1/2015.
    Filed Date: 11/30/15.
    Accession Number: 20151130-5215.
    Comments Due: 5 p.m. ET 12/21/15.

    Docket Numbers: ER16-425-000.
    Applicants: New York Independent System Operator, Inc.
    Description: Sec.  205(d) Rate Filing: 205 filing tariff revision
re: scarcity pricing to be effective 12/31/9998.
    Filed Date: 11/30/15.
    Accession Number: 20151130-5216.
    Comments Due: 5 p.m. ET 12/21/15.

    The filings are accessible in the Commission's eLibrary system by
clicking on the links or querying the docket number.
    Any person desiring to intervene or protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Regulations (18 CFR 385.211 and 385.214) on or before 5:00
p.m. Eastern time on the specified comment date. Protests may be
considered, but intervention is necessary to become a party to the
proceeding.
    eFiling is encouraged. More detailed information relating to filing
requirements, interventions, protests, service, and qualifying
facilities filings can be found at: http://www.ferc.gov/docs-filing/efiling/filing-req.pdf. For other information, call<PHONE_NUMBER>
(toll free). For TTY, call<PHONE_NUMBER>.

    Dated: November 30, 2015.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2015-30706 Filed 12-4-15; 8:45 am]
 BILLING CODE 6717-01-P


[Federal Register Volume 77, Number 165 (Friday, August 24, 2012)]
[Notices]
[Pages 51593-51594]
[FR Doc No: 2012-20854]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-67694; File No. SR-EDGX-2012-35]

Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change To Terminate
Revenue Sharing Agreement

August 20, 2012.
    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 August 8, 2012, EDGX Exchange, Inc. (``EDGX'' 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 Exchange. 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

    The Exchange proposes a rule change to terminate a revenue sharing
program with Correlix, Inc. (``Correlix''). The text of the proposed
rule change is attached as Exhibit 5 and is available on the Exchange's
Web site at www.directedge.com, at the Exchange's principal office, and
at the Public Reference Room of the Commission.

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 self-regulatory organization 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 the
Statutory Basis for, the Proposed Rule Change

Purpose
    The Exchange proposes to eliminate its revenue sharing program with
Correlix, which was adopted to provide Users \3\ with real-time
analytical tools to measure latency of orders to and from the System.
In 2010, the Exchange entered into an agreement with Correlix, under
which the Exchange receives 30% of the total monthly subscription fees
received by Correlix from parties who contracted directly with Correlix
to use its RaceTeam latency measurement service for EDGX.\4\ The
Exchange proposes to terminate the revenue sharing relationship with
Correlix due to the lack of customer interest in the measurement tools
offered.
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    \3\ As defined in EDGX Rule 1.5(ee).
    \4\ See Exchange Act Release No. 62929 (September 17, 2010), 75
FR 58003 (September 23, 2010) (SR-EDGX-2010-09).
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Basis
    The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6 of the Act,\5\ in general, and with
Section 6(b)(5) of the Act,\6\ in particular, in that the proposal 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 regulating, clearing,
settling, processing information with respect to, and facilitating
transactions in securities, to remove impediments to and perfect the
mechanism of a free and open market and a national market system, and,
in general, to protect investors and the public interest. Specifically,
the Exchange believes ending the revenue sharing agreement for a
product customers have not chosen to utilize is responsive to market
participants and eliminates confusion about offered products.
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78f.
    \6\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange 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, as amended.
Specifically, the Exchange believes that terminating the revenue
sharing agreement will not burden competition since the latency
measurement tools are not currently being used by any customers.

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

    The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any unsolicited written comments from its Members or other interested
parties.

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

    Because the foregoing proposed rule change 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 after the date of the filing, or such
shorter time as the Commission may designate, it has become effective
pursuant to 19(b)(3)(A) of the Act \7\ and Rule 19b-4(f)(6)
thereunder.\8\
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    \7\ 15 U.S.C. 78s(b)(3)(A).
    \8\ 17 CFR 240.19b-4(f)(6). Rule 19b-4(f)(6) requires a self-
regulatory organization to give 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. The Exchange has
satisfied this requirement.
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    A proposed rule change filed under Rule 19b-4(f)(6) \9\ normally
does not become operative prior to 30 days after the date of the
filing. However, pursuant

to Rule 19b-4(f)(6)(iii),\10\ the Commission may designate a shorter
time if such action is consistent with the protection of investors and
the public interest. The Exchange has requested that the Commission
waive the 30-day operative delay and designate the proposed rule change
to become operative upon filing to eliminate confusion on the part of
potential customers regarding the availability of the Correlix RaceTeam
offering. The Commission believes that waiving the 30-day operative
delay is consistent with the protection of investors and the public
interest. The Exchange represents that there are no customers currently
using Correlix's RaceTeam latency measurement service. Therefore, the
Commission designates the proposed rule change as operative upon filing
with the Commission.\11\
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    \9\ 17 CFR 240.19b-4(f)(6).
    \10\ 17 CFR 240.19b-4(f)(6)(iii).
    \11\ For purposes only of waiving the 30-day operative delay,
the Commission has considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
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    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 shall institute proceedings to
determine whether the proposed rule 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 (http://www.sec.gov/rules/sro.shtml ); or
     Send an email to<EMAIL_ADDRESS>Please
include File Number SR-EDGX-2012-35 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-EDGX-2012-35. 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 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 Web site 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 a.m. and 3
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; 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 Number SR-EDGX-2012-35 and should be submitted on
or before September 14, 2012.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
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    \12\ 17 CFR 200.30-3(a)(12).
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Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012-20854 Filed 8-23-12; 8:45 am]
BILLING CODE 8011-01-P