[Federal Register Volume 80, Number 97 (Wednesday, May 20, 2015)]
[Rules and Regulations]
[Pages 28838-28839]
[FR Doc No: 2015-11962]

-----------------------------------------------------------------------

ENVIRONMENTAL PROTECTION AGENCY

40 CFR Part 170

[EPA-HQ-OPP-2011-0184; FRL-9926-64]
RIN 2070-AJ22

Notification of Submission to the Secretary of Agriculture;
Pesticides; Agricultural Worker Protection Standard Revisions

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notification of submission to the Secretary of Agriculture.

-----------------------------------------------------------------------

SUMMARY: This document notifies the public as required by the Federal
Insecticide, Fungicide, and Rodenticide Act (FIFRA) that the EPA
Administrator has forwarded to the Secretary of the United States
Department of Agriculture (USDA) a draft regulatory document concerning
Pesticides; Agricultural Worker Protection Standard Revisions. The
draft regulatory document is not available to the public until after it
has been signed and made available by EPA.

DATES: See Unit I. under SUPPLEMENTARY INFORMATION.

ADDRESSES: The docket for this action, identified by docket
identification (ID) number EPA-HQ-OPP-2011-0184, is available at http://www.regulations.gov or at the Office of Pesticide Programs Regulatory
Docket (OPP Docket) in the Environmental Protection Agency Docket
Center (EPA/DC), West William Jefferson Clinton Bldg., Rm. 3334, 1301
Constitution Ave. NW., Washington, DC 20460-0001. The Public Reading
Room is open from 8:30 a.m. to 4:30 p.m., Monday through Friday,
excluding legal holidays. The telephone number for the Public Reading
Room is<PHONE_NUMBER>, and the telephone number for the OPP Docket is
(703) 305-5805. Please review the visitor instructions and additional
information about the docket available at http://www.epa.gov/dockets.

FOR FURTHER INFORMATION CONTACT: Kathy Davis, Field and External
Affairs Division (7506P), Office of Pesticide Programs, Environmental
Protection Agency, 1200 Pennsylvania Ave. NW., Washington DC 20460-
0001; telephone number:<PHONE_NUMBER>; email address:
<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

I. What action is EPA taking?

    Section 25(a)(2)(B) of FIFRA requires the EPA Administrator to
provide the Secretary of USDA with a copy of any draft final rule at
least 30 days before signing it in final form for publication in the
Federal Register. The draft final rule is not available to the public
until after it has been signed by EPA. If the Secretary of USDA
comments in writing regarding the draft final rule within 15 days after
receiving it, the EPA Administrator shall include the comments of the
Secretary of USDA, if requested by the Secretary of USDA, and the EPA
Administrator's response to those comments with the final rule that
publishes in the Federal Register. If the Secretary of USDA does not
comment in writing within 15 days after receiving the draft final rule,
the EPA Administrator may sign the final rule for publication in the
Federal Register any time after the 15-day period.

II. Do any statutory and Executive Order reviews apply to this
notification?

    No. This document is merely a notification of submission to the
Secretary of USDA. As such, none of the regulatory assessment
requirements apply to this document.

List of Subjects in 40 CFR Part 170

    Agricultural worker safety, Environmental protection, Farmworker,
Handler, Pesticide handler, Pesticide safety training, Pesticide worker
safety, Worker, Worker Protection Standard regulations, WPS.

    Dated: May 12, 2015.
Jack Housenger,
Director, Office of Pesticide Programs.
[FR Doc. 2015-11962 Filed 5-19-15; 8:45 am]
 BILLING CODE 6560-50-P


[Federal Register Volume 79, Number 237 (Wednesday, December 10, 2014)]
[Notices]
[Pages 73290-73291]
[FR Doc No: 2014-28860]

-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings #1

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

    Docket Numbers: EC15-37-000.
    Applicants: Wildcat Wind Farm I, LLC, Enbridge, Inc.
    Description: Application For Authorization Under Section 203 of the
Federal Power Act, Requests For

Waivers of Filing Requirements, Expedited Review And Confidential
Treatment of Wildcat Wind Farm I, LLC and Enbridge, Inc.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5314.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: EC15-39-000.
    Applicants: Palo Duro Wind Energy, LLC, Palo Duro Wind
Interconnection Services.
    Description: Application for Authorization Under Section 203 of the
Federal Power Act and Request for Expedited Action of Palo Duro Wind
Energy, LLC, et al.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5318.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: EC15-40-000.
    Applicants: Lakeside Energy LLC, Lakeside Generation LLC, Lakeside
New York LLC, Lakeside Hazleton LLC, Lakeside Beaver Falls LLC,
Lakeside Syracuse LLC, Hazleton Generation LLC, NEP Holdco 1, L.L.C.
    Description: Joint Application for Authorization Under Section 203
of the Federal Power Act and Requests for Waiver of Filing
Requirements, Expedited Consideration and Confidential Treatment of
Lakeside Energy LLC, et al.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5323.
    Comments Due: 5 p.m. ET 12/17/14.

    Take notice that the Commission received the following electric
rate filings:
    Docket Numbers: ER13-77-006.
    Applicants: Tucson Electric Power Company.
    Description: Compliance filing per 35: Errata Amendment to OATT
Order No. 1000 Compliance Filing (November 2014) to be effective 1/1/
2015.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5260.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER13-78-006.
    Applicants: UNS Electric, Inc.
    Description: Compliance filing per 35: Errata Amendment to OATT
Order No. 1000 Compliance Filing (November 2014) to be effective 1/1/
2015.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5261.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER15-190-001.
    Applicants: Duke Energy Renewable Services, LLC.
    Description: Supplement to November 21, 2014 Duke Energy Renewable
Services, LLC tariff filing.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5322.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER15-509-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii): Order
No. 1000 Revisions in Attachment Y to be effective 1/15/2015.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5257.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER15-510-000.
    Applicants: Pacific Gas and Electric Company.
    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii): Western
IA November 2014 Biannual Filing to be effective 2/1/2015.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5258.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER15-511-000.
    Applicants: NorthWestern Corporation.
    Description: Compliance filing per 35: Request for Waiver of v003
NAESB Standards & Order 676-H Compliance Filing (SD) to be effective 2/
2/2015.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5259.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER15-512-000.
    Applicants: Pacific Gas and Electric Company.
    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii): Western
WDT November 2014 Biannual Filing to be effective 2/1/2015.
    Filed Date: 11/26/14.
    Accession Number: 20141126-5262.
    Comments Due: 5 p.m. ET 12/17/14.

    Docket Numbers: ER15-513-000.
    Applicants: New England Power Pool Participants Committee.
    Description: Sec.  205(d) rate filing per 35.13(a)(2)(iii):
December 2014 Membership Filing to be effective 11/1/2014.
    Filed Date: 11/28/14.
    Accession Number: 20141128-5002.
    Comments Due: 5 p.m. ET 12/19/14.

    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 28, 2014.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2014-28860 Filed 12-9-14; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 84, Number 109 (Thursday, June 6, 2019)]
[Notices]
[Pages 26459-26460]
[FR Doc No: 2019-11823]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85992; File No. 013-00110]

Initial Form ATS-N Filing; Notice of Extension of Commission
Review Period

May 31, 2019.
    On February 8, 2019, JPM-X filed an initial Form ATS-N (``Form ATS-
N'') with the Securities and Exchange Commission (``Commission'').
Pursuant to Rule 304 under the Securities and Exchange Act of 1934
(``Act''), the Commission may, after notice and an opportunity for
hearing, declare an initial Form ATS-N ineffective no later than 120
days from the date of filing

with the Commission, or, if applicable, the extended review period.
June 8, 2019 is 120 calendar days from the date of filing. Pursuant to
Rule 304(a)(1)(iv)(B), the Commission may extend the initial Form ATS-N
review period for up to an additional 120 calendar days if the initial
Form ATS-N is unusually lengthy or raises novel or complex issues that
require additional time for review.
    JPM-X was operating pursuant to an initial operation report on Form
ATS on file with the Commission as of January 7, 2019.\1\ JPM-X filed
an initial Form ATS-N on February 8, 2019. During the initial 120
calendar day review period, the Commission staff has been reviewing the
disclosures on JPM-X's initial Form ATS-N. In addition, the staff has
been engaged in ongoing discussions with JPM-X about its disclosures
and manner of operations, as well as the requirements of Form ATS-N, to
facilitate complete and comprehensible disclosures that reflect the
complexities of those operations.
---------------------------------------------------------------------------

    \1\ An NMS Stock ATS (as defined in Rule 300(k) of Regulation
ATS) that was operating pursuant to an initial operation report on
Form ATS on file with the Commission as of January 7, 2019 is a
``Legacy NMS Stock ATS.'' 17 CFR 242.301(b)(2)(viii).
---------------------------------------------------------------------------

    Form ATS-N requires NMS Stock ATSs to file with the Commission, and
disclose to the public for the first time, certain information,
including descriptions by the NMS Stock ATSs of their fees, the trading
activities by their broker-dealer operators and their affiliates in the
NMS Stock ATSs, their use of market data, their written standards for
granting access to trading on the NMS Stock ATSs, and their written
safeguards and procedures for protecting their subscribers'
confidential trading information required by revised Rule 301(b)(10) of
Regulation ATS. The initial Form ATS-N disclosures and discussions with
Commission staff have revealed complexities about the operations of
Legacy NMS Stock ATSs including, among other things, matching
functionalities, means of order entry, order interaction and execution
procedures, conditional order processes, segmentation of orders, and
counterparty selection protocols. The Commission staff needs additional
time to review novel and complex issues such as these, which Commission
staff has discussed with JPM-X. Extending the initial Form ATS-N
Commission review period for an additional 120 calendar days will
provide Commission staff an opportunity to continue its review of the
initial Form ATS-N disclosures and discussions with JPM-X.
    In the conversations between JPM-X and Commission staff about the
initial Form ATS-N disclosures and the ATS operations, Commission staff
and JPM-X have discussed a potential amendment to update JPM-X's
disclosures regarding the complexities of its operations. Extending the
review period will enable the NMS Stock ATS to amend its disclosures,
if appropriate, and allow Commission staff to conduct a thorough review
of amendments to the initial disclosures provided on the initial Form
ATS-N.
    For the reasons given above, the Commission is extending the review
period of the initial Form ATS-N submitted by JPM-X. Accordingly,
pursuant to Rule 304(a)(1)(iv)(B), October 6, 2019 is the date by which
the Commission may declare the initial Form ATS-N submitted by JPM-X
ineffective.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-11823 Filed 6-5-19; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register Volume 83, Number 201 (Wednesday, October 17, 2018)]
[Notices]
[Pages 52436-52437]
[FR Doc No: 2018-22609]

-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 14633-001]

New England Hydropower Company, LLC; Notice of Application
Tendered for Filing With the Commission and Soliciting Additional Study
Requests

    Take notice that the following hydroelectric application has been
filed with the Commission and is available for public inspection.
    a. Type of Application: Exemption from Licensing.
    b. Project No.: 14633-001.
    c. Date Filed: October 1, 2018.
    d. Applicant: New England Hydropower Company, LLC (NEHC).
    e. Name of Project: Albion Dam Hydroelectric Project.
    f. Location: On the Blackstone River, near the Towns of Cumberland
and Lincoln, Providence County, Rhode Island. No federal or tribal
lands would be occupied by project works or located within the project
boundary.
    g. Filed Pursuant to: Public Utility Regulatory Policies Act of
1978, 16 U.S.C. 2705, 2708 (2012), amended by the Hydropower Regulatory
Efficiency Act of 2013, Public Law 113-23, 127 Stat. 493 (2013).
    h. Applicant Contact: Mr. Michael C. Kerr, 100 Cummings Center,
Suite 451C, Beverly, MA 01915; phone<PHONE_NUMBER> or email at
[email protected].

    i. FERC Contact: John Ramer, phone:<PHONE_NUMBER> or email at
[email protected].
    j. Cooperating Agencies: Federal, state, local, and tribal agencies
with jurisdiction and/or special expertise with respect to
environmental issues that wish to cooperate in the preparation of the
environmental document should follow the instructions for filing such
requests described in item (l) below. Cooperating agencies should note
the Commission's policy that agencies that cooperate in the preparation
of the environmental document cannot also intervene. See 94 FERC 61,076
(2001).
    k. Pursuant to section 4.32(b)(7) of the Commission's regulations,
if any resource agency, Indian Tribe, or person believes that an
additional scientific study should be conducted in order to form an
adequate factual basis for a complete analysis of the application on
its merit, the resource agency, Indian Tribe, or person must file a
request for a study with the Commission not later than 60 days from the
date of filing of the application, and serve a copy of the request on
the applicant.
    l. Deadline for filing additional study requests and requests for
cooperating agency status: December 10, 2018.
    The Commission strongly encourages electronic filing. Please file
additional study requests and requests for cooperating agency status
using the Commission's eFiling system at http://www.ferc.gov/docs-filing/efiling.asp. For assistance, please contact FERC Online Support
at [email protected],<PHONE_NUMBER> (toll free), or (202)
502-8659 (TTY). In lieu of electronic filing, please send a paper copy
to: Secretary, Federal Energy Regulatory Commission, 888 First Street
NE, Washington, DC 20426. The first page of any filing should include
docket number P-14633-001.
    m. This application is not ready for environmental analysis at this
time.
    n. The proposed Albion Dam Hydroelectric Project would consist of:
(1) An approximately 266-foot-long existing concrete gravity dam with
an ogee spillway; (2) an existing 33.6-acre impoundment with a normal
storage capacity of 235 acre-feet at an operating elevation of
approximately 87.0 feet North American Vertical Datum of 1988; (3) a
new 51-foot-long, 45.75-foot-wide intake canal; (4) two new 14-foot-
wide, 10.4-foot-high hydraulically-powered sluice gates, equipped with
a 29-foot-wide, 12-foot-high steel trashrack with 9-inch clear-bar
spacing; (5) a new 30-foot-long, 32.5-foot-wide, 11.0-foot-high
concrete penstock; (6) a new 50-foot-long, 24-foot-wide, 18-foot-high
concrete powerhouse containing two new 24.6-foot-long, 13.5-foot-
diameter Archimedes Screw turbine-generator units, with a total
installed capacity of 420 kilowatts, each contained in a new 15-foot-
wide steel trough; (7) a new 50-foot-long concrete tailrace; (8) a new
step-up transformer and 500-foot-long, above-ground transmission line
connecting the project to the distribution system owned by Narragansett
Electric Company; (9) a new access road; and (10) appurtenant
facilities. The existing Albion Dam and appurtenant works are owned by
the State of Rhode Island.
    NEHC proposes to operate the project in a run-of-river mode with an
estimated annual energy production of approximately 2,034 megawatt-
hours.
    o. A copy of the application is available for review at the
Commission in the Public Reference Room or may be viewed on the
Commission's website at http://www.ferc.gov using the eLibrary link.
Enter the docket number excluding the last three digits in the docket
number field to access the document. For assistance, contact FERC
Online Support. A copy is also available for inspection and
reproduction at the address in item h above.
    You may also register online at http://www.ferc.gov/docs-filing/esubscription.asp to be notified via email of new filings and issuances
related to this or other pending projects. For assistance, contact FERC
Online Support.
    p. Procedural Schedule: The application will be processed according
to the following preliminary schedule. Revisions to the schedule will
be made as appropriate (e.g., if there are no deficiencies and/or
scoping is waived, the schedule would be shortened).

Issue Deficiency/AIR Letter...............  January 2019.
Issue Notice of Acceptance/Ready for        April 2019.
 Environmental Analysis.
Issue Notice of the Availability of         August 2019.
 Environmental Assessment.

    Dated: October 11, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018-22609 Filed 10-16-18; 8:45 am]
 BILLING CODE 6717-01-P


[Federal Register Volume 78, Number 109 (Thursday, June 6, 2013)]
[Rules and Regulations]
[Pages 33966-33967]
[FR Doc No: 2013-13104]

-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Docket No. FAA-2012-1336; Airspace Docket No. 12-ASO-20]

Establishment of Class E Airspace; Pine Island, FL

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: This action establishes Class E Airspace at Pine Island, FL,
to accommodate a new Area Navigation (RNAV) Global Positioning System
(GPS) special Standard Instrument Approach Procedure (SIAP) serving
Pine Island Heliport. This action enhances the safety and airspace
management of Instrument Flight Rules (IFR) operations within the
National Airspace System. Also, geographic coordinates are corrected
under their proper heading.

DATES: Effective 0901 UTC, August 22, 2013. The Director of the Federal
Register approves this incorporation by reference action under title 1,
Code of Federal Regulations, part 51, subject to the annual revision of
FAA Order 7400.9 and publication of conforming amendments.

FOR FURTHER INFORMATION CONTACT: John Fornito, Operations Support
Group, Eastern Service Center, Federal Aviation Administration, P.O.
Box 20636, Atlanta, Georgia 30320; telephone<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

History

    On March 6, 2013, the FAA published in the Federal Register a
notice of proposed rulemaking (NPRM) to establish Class E airspace at
Pine Island, FL (78 FR 14477). Interested parties were invited to
participate in this rulemaking effort by submitting written comments on
the proposal to the FAA. No comments were received. Subsequent to
publication the FAA found that the heliport coordinates were
incorrectly listed as point in space coordinates; and point in space
coordinates were inadvertently omitted. This action makes the
correction. Except for editorial changes and the changes listed above,
this rule is the same as published in the NPRM.
    Class E airspace designations are published in paragraph 6005 of
FAA Order 7400.9W dated August 8, 2012, and effective September 15,
2012, which is incorporated by reference in 14 CFR 71.1. The Class E
airspace designations listed in this document will be published
subsequently in the Order.

The Rule

    This amendment to Title 14, Code of Federal Regulations (14 CFR)
part 71 establishes Class E airspace extending upward from 700 feet
above the surface at Pine Island, FL, providing the controlled airspace
required to support the new Copter RNAV (GPS) special standard
instrument approach procedures for Pine Island Heliport. Controlled
airspace within a 6-mile radius of the point in space coordinates of
the heliport is necessary for the safety and management of IFR
operations at the heliport. Geographic coordinates for the heliport and
point in space are corrected and separately listed.
    The FAA has determined that this regulation only involves an
established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current, is
non-controversial and unlikely to result in adverse or negative
comments. It, therefore, (1) is not a ``significant regulatory action''
under Executive Order 12866; (2) is not a ``significant rule'' under
DOT Regulatory Policies and Procedures (44 FR 11034; February 26,
1979); and (3) does not warrant preparation of a Regulatory Evaluation
as the anticipated impact is so minimal. Since this is a routine matter
that only affects air traffic procedures and air navigation, it is
certified that this rule, when promulgated, does not have a significant
economic impact on a substantial number of small entities under the
criteria of the Regulatory Flexibility Act. The FAA's authority to
issue rules regarding aviation safety is found in Title 49 of the
United States Code. Subtitle I, Section 106 describes the authority of
the FAA Administrator. Subtitle VII, Aviation Programs, describes in
more detail the scope of the agency's authority. This rulemaking is
promulgated under the authority described in Subtitle VII, Part A,
Subpart I, Section 40103. Under that section, the FAA is charged with
prescribing regulations to assign the use of airspace necessary to
ensure the safety of aircraft and the efficient use of airspace. This
regulation is within the scope of that authority as it establishes
controlled airspace at Pine Island Heliport, Pine Island, FL.

Environmental Review

    The FAA has determined that this action qualifies for categorical
exclusion under the National Environmental Policy Act in accordance
with FAA

Order 1050.1E, ``Environmental Impacts: Policies and Procedures,''
paragraph 311a. This airspace action is not expected to cause any
potentially significant environmental impacts, and no extraordinary
circumstances exist that warrant preparation of an environmental
assessment

Lists of Subjects in 14 CFR Part 71:

    Airspace, Incorporation by reference, Navigation (air).

Adoption of the Amendment

    In consideration of the foregoing, the Federal Aviation
Administration amends 14 CFR part 71 as follows:

PART 71--DESIGNATION OF CLASS A, B, C, D AND E AIRSPACE AREAS; AIR
TRAFFIC SERVICE ROUTES; AND REPORTING POINTS

0
1. The authority citation for Part 71 continues to read as follows:

    Authority: 49 U.S.C. 106(g); 40103, 40113, 40120; E.O. 10854, 24
FR 9565, 3 CFR, 1959-1963 Comp., p. 389.

Sec.  71.1  [Amended]

0
2. The incorporation by reference in 14 CFR 71.1 of Federal Aviation
Administration Order 7400.9V, Airspace Designations and Reporting
Points, dated August 9, 2011, effective September 15, 2011, is amended
as follows:

Paragraph 6005 Class E Airspace Areas Extending Upward from 700
feet or More Above the Surface of the Earth.

* * * * *

ASO FL E5 Pine Island, FL [New]

Pine Island Heliport, FL
    (Lat. 26[deg]36'24'' N., long. 82[deg]6'39'' W.)
Point in Space Coordinates
    (Lat. 26[deg]36'37'' N., long. 82[deg]5'57'' W.)

    That airspace extending upward from 700 feet above the surface
within a 6-mile radius of the Point in Space Coordinates (lat.
26[deg]36'37'' N., long. 82[deg]5'57'' W.) serving Pine Island
Heliport.

    Issued in College Park, Georgia, on May 28, 2013.
Jackson D. Allen,
Acting Manager, Operations Support Group, Eastern Service Center, Air
Traffic Organization.
[FR Doc. 2013-13104 Filed 6-5-13; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 86, Number 44 (Tuesday, March 9, 2021)]
[Notices]
[Page 13572]
[FR Doc No: 2021-04834]

-----------------------------------------------------------------------

DEPARTMENT OF HOMELAND SECURITY

Coast Guard

[Docket No. USCG-2021-0050]

Information Collection Request to Office of Management and
Budget; OMB Control Number: 1625-0022

AGENCY: Coast Guard, DHS.

ACTION: Sixty-day notice requesting comments.

-----------------------------------------------------------------------

SUMMARY: In compliance with the Paperwork Reduction Act of 1995, the
U.S. Coast Guard intends to submit an Information Collection Request
(ICR) to the Office of Management and Budget (OMB), Office of
Information and Regulatory Affairs (OIRA), requesting an extension of
its approval for the following collection of information: 1625-0022,
Application for Tonnage Measure of Vessels; without change.
    Our ICR describes the information we seek to collect from the
public. Before submitting this ICR to OIRA, the Coast Guard is inviting
comments as described below.

DATES: Comments must reach the Coast Guard on or before May 10, 2021.

ADDRESSES: You may submit comments identified by Coast Guard docket
number [USCG-2021-0050] to the Coast Guard using the Federal
eRulemaking Portal at https://www.regulations.gov. See the ``Public
participation and request for comments'' portion of the SUPPLEMENTARY
INFORMATION section for further instructions on submitting comments.
    A copy of the ICR is available through the docket on the internet
at https://www.regulations.gov. Additionally, copies are available
from: Commandant (CG-6P), Attn: Paperwork Reduction Act Manager, U.S.
Coast Guard, 2703 Martin Luther King Jr. Ave. SE, Stop 7710,
Washington, DC 20593-7710.

FOR FURTHER INFORMATION CONTACT: A.L. Craig, Office of Privacy
Management, telephone<PHONE_NUMBER>, or fax<PHONE_NUMBER>, for questions
on these documents.

SUPPLEMENTARY INFORMATION:

Public Participation and Request for Comments

    This notice relies on the authority of the Paperwork Reduction Act
of 1995; 44 U.S.C. chapter 35, as amended. An ICR is an application to
OIRA seeking the approval, extension, or renewal of a Coast Guard
collection of information (Collection). The ICR contains information
describing the Collection's purpose, the Collection's likely burden on
the affected public, an explanation of the necessity of the Collection,
and other important information describing the Collection. There is one
ICR for each Collection.
    The Coast Guard invites comments on whether this ICR should be
granted based on the Collection being necessary for the proper
performance of Departmental functions. In particular, the Coast Guard
would appreciate comments addressing: (1) The practical utility of the
Collection; (2) the accuracy of the estimated burden of the Collection;
(3) ways to enhance the quality, utility, and clarity of information
subject to the Collection; and (4) ways to minimize the burden of the
Collection on respondents, including the use of automated collection
techniques or other forms of information technology.
    In response to your comments, we may revise this ICR or decide not
to seek an extension of approval for the Collection. We will consider
all comments and material received during the comment period.
    We encourage you to respond to this request by submitting comments
and related materials. Comments must contain the OMB Control Number of
the ICR and the docket number of this request, [USCG-2021-0050], and
must be received by May 10, 2021.

Submitting Comments

    We encourage you to submit comments through the Federal eRulemaking
Portal at https://www.regulations.gov. If your material cannot be
submitted using https://www.regulations.gov, contact the person in the
FOR FURTHER INFORMATION CONTACT section of this document for alternate
instructions. Documents mentioned in this notice, and all public
comments, are in our online docket at https://www.regulations.gov and
can be viewed by following that website's instructions. Additionally,
if you go to the online docket and sign up for email alerts, you will
be notified when comments are posted.
    We accept anonymous comments. All comments received will be posted
without change to https://www.regulations.gov and will include any
personal information you have provided. For more about privacy and
submissions in response to this document, see DHS's eRulemaking System
of Records notice (85 FR 14226, March 11, 2020).

Information Collection Request

    Title: Application for Tonnage Measurement of Vessels.
    OMB Control Number: 1625-0022.
    Summary: The information is used by the Coast Guard to determine a
vessel's tonnage. Tonnage in turn helps to determine licensing,
inspection, safety requirements, and operating fees.
    Need: Under 46 U.S.C. 14104 certain vessels must be measured for
tonnage. Coast Guard regulations for this measurement are contained in
46 CFR part 69.
    Forms:
     CG-5397, Application for Simplified Measurement.
    Respondents: Owners of vessels.
    Frequency: On occasion.
    Hour Burden Estimate: The estimated burden remains 15,094 hours a
year.
    Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. chapter
35, as amended.

    Dated: March 3, 2021.
Kathleen Claffie,
Chief, Office of Privacy Management, U.S. Coast Guard.
[FR Doc. 2021-04834 Filed 3-8-21; 8:45 am]
BILLING CODE 9110-04-P


[Federal Register Volume 78, Number 191 (Wednesday, October 2, 2013)]
[Notices]
[Pages 60991-60993]
[FR Doc No: 2013-24001]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-70510; File No. SR-ISE-2013-49]

Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change to Amend ISE Rule 2128 Relating to Clearly Erroneous Trades

September 26, 2013.
    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 September 23, 2013, the International Securities Exchange, LLC
(the ``Exchange'' or the ``ISE'') filed with the Securities and
Exchange Commission (``Commission'') the proposed rule change as
described in Items I and II 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.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------

I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange is proposing to extend a pilot program related to Rule
2128, entitled ``Clearly Erroneous Executions.'' The Exchange also
proposes to remove certain references to individual stock trading
pauses contained in Rule 2128(c)(4). The text of the proposed rule
change is available on the Exchange's Internet Web site at http://www.ise.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 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
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The purpose of this filing is to extend the effectiveness of the
Exchange's current rule applicable to Clearly Erroneous Executions and
to remove references to individual stock trading pauses described in
Rule 2128(c)(4).
    Portions of Rule 2128, explained in further detail below, are
currently operating as a pilot program set to expire on September 30,
2013.\3\ The Exchange proposes to extend the pilot program to April 8,
2014.
---------------------------------------------------------------------------

    \3\ See Securities Exchange Act Release No. 68822 (Feb. 4,
2013), 78 FR 9440 (Feb. 8, 2013) (SR-ISE-2013-12).
---------------------------------------------------------------------------

    On September 10, 2010, the Commission approved, on a pilot basis,
changes to ISE Rule 2128 to provide for uniform treatment: (1) Of
clearly erroneous execution reviews in multi-stock events involving
twenty or more securities; and (2) in the event transactions occur that
result in the issuance of an individual stock trading pause by the
primary listing market and subsequent transactions that occur before
the trading pause is in effect on the Exchange.\4\ The Exchange also
adopted additional changes to Rule 2128 that reduced the ability of the
Exchange to deviate from the objective standards set forth in Rule
2128,\5\ and in 2013, adopted a provision designed to address the
operation of the Plan to Address Extraordinary Market Volatility
Pursuant to Rule 608 of Regulation NMS under the Act (the ``Limit Up-
Limit Down Plan'' or the ``Plan'').\6\ The Exchange believes the
benefits to market participants from the more objective clearly
erroneous executions rule should continue on a pilot basis through
April 8, 2014, which is one year following the commencement of
operations of the Plan. The Exchange believes that continuing the pilot
during this time will protect against any unanticipated consequences.
Thus, the Exchange believes that the protections of the Clearly
Erroneous Rule should continue while the industry gains further
experience operating the Limit Up-Limit Down Plan.
---------------------------------------------------------------------------

    \4\ Securities Exchange Act Release No. 62886 (Sept. 10, 2010),
75 FR 56613 (Sept. 16, 2010) (SR-ISE-2010-62).
    \5\ Id.
    \6\ See Securities Exchange Act Release No. 68822 (Feb. 4,
2013), 78 FR 9440 (Feb. 8, 2013) (SR-ISE-2013-12); Securities
Exchange Act Release No. 67091 (May 31, 2012), 77 FR 33498 (June 6,
2012) (the ``Limit Up-Limit Down Release''); see also ISE Rule
2128(i).
---------------------------------------------------------------------------

    The Exchange also proposes to eliminate all references in Rule 2128
to individual stock trading pauses issued by a primary listing market.
Specifically, Rule 2128(c)(4) provides specific rules to follow with
respect to review of an execution as potentially clearly erroneous when
there was an individual stock trading pause issued for that security
and the security is included in the S&P 500[supreg] Index, the Russell
1000[supreg] Index, or a pilot list of Exchange Traded Products
(``Original Circuit Breaker Securities''). The stock trading pauses
described in Rule 2128(c)(4) are being phased out as securities become
subject to the Plan pursuant to a phased implementation schedule. The
Plan is already operational with respect to all Original Circuit
Breaker Securities, and thus, the Exchange believes that all references
to individual stock trading pauses should be removed, including all
cross-references to Rule 2128(c)(4) contained in other portions of Rule
2128.\7\
---------------------------------------------------------------------------

    \7\ The Exchange notes that certain Exchange Traded Products
(``ETPs'') are not yet subject to the Limit Up-Limit Down Plan.
Because such ETPs are not on the pilot list of securities, such ETPs
are not subject to Rule 2128(c)(4). See Securities Exchange Act
Release No. 65108 (August 11, 2011), 76 FR 51082 (August 17, 2011)
(SR-ISE-2011-53) (notice of filing and immediate effectiveness to
define Original Circuit Breaker Securities and to limit application
of Rule 2128(c)(4) to such securities). Accordingly, the proposed
rule change does not change the status quo with respect to such
ETPs. As amended, all securities, including ETPs not subject to the
Limit Up-Limit Down Plan, will continue to be subject to Rule
2128(c)(1) through (3).
---------------------------------------------------------------------------

2. Statutory Basis
    The Exchange believes that its proposal is consistent with the
requirements of the Act and the rules and regulations thereunder that
are applicable to a national securities exchange, and, in particular,
with the requirements of Section 6(b) of the Act.\8\ In particular, the
proposal is consistent with Section 6(b)(5) of the Act,\9\ because it
would promote just and equitable principles of trade, remove
impediments to, and perfect the mechanism of, a free and open market
and a national market system. The Exchange believes that the pilot
program promotes just and equitable principles of trade in that it
promotes transparency and uniformity across markets concerning review
of transactions as clearly erroneous. More specifically, the Exchange
believes that the extension of the pilot would help assure that the
determination of whether a clearly erroneous trade has occurred will be
based on clear and objective criteria, and that the resolution of the
incident will occur promptly through a transparent process. The
proposed rule change would also help assure consistent results in
handling erroneous trades across the U.S. markets, thus furthering fair
and orderly markets, the protection of investors and the public
interest. Although the Limit Up-Limit Down Plan will become fully
operational during the same time period as the proposed extended pilot,
the Exchange believes that maintaining the pilot will help to protect
against unanticipated consequences. To that end, the extension will
allow the Exchange to determine whether Rule 2128 is necessary once the
Plan is fully operational and, if so, whether improvements can be made.
Finally, the elimination of references to individual stock trading
pauses will help to avoid confusion amongst market participants, which
is consistent with the protection of investors and the public interest
and therefore consistent with the Act. As described above, individual
stock trading pauses have been replaced by the Limit Up-Limit Down Plan
with respect to all Original Circuit Breaker Securities.
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78f(b).
    \9\ 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
implicates any competitive issues. To the contrary, the Exchange
believes that the Financial Industry Regulatory Authority (``FINRA'')
and other national securities exchanges are also filing similar
proposals, and thus, that the proposal will help to ensure consistency
across market centers.

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 members or other interested
parties.

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

    Because the 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 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, the

proposed rule change has become effective pursuant to Section
19(b)(3)(A) of the Act \10\ and Rule 19b-4(f)(6)(iii) thereunder.\11\
---------------------------------------------------------------------------

    \10\ 15 U.S.C. 78s(b)(3)(A).
    \11\ 17 CFR 240.19b-4(f)(6)(iii). As required under Rule 19b-
4(f)(6)(iii), the Exchange provided the Commission with written
notice of its intent to file the proposed rule change, along with a
brief description and the text of 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 asked the Commission to waive the 30-day operative
delay so that the proposal may become operative immediately upon
filing. The Commission believes that waiving the 30-day operative delay
is consistent with the protection of investors and the public interest,
as it will allow the pilot program to continue uninterrupted, thereby
avoiding investor confusion that could result from a temporary
interruption in the pilot program. For this reason, the Commission
designates the proposed rule change to be operative upon filing.\12\
---------------------------------------------------------------------------

    \12\ For purposes only of waiving the 30-day operative delay,
the Commission has also considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------

    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.

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-ISE-2013-49 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-ISE-2013-49. 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 on official business
days between the hours of 10:00 a.m. and 3:00 p.m. Copies of such
filing also will be available for inspection and copying at the
principal offices 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-ISE-2013-49, and should be submitted on or before
October 23, 2013.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\13\
---------------------------------------------------------------------------

    \13\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-24001 Filed 10-1-13; 8:45 am]
BILLING CODE 8011-01-P


refreshed during an order-matching event.\88\
---------------------------------------------------------------------------

    \87\ An ``order-matching event'' refers to the matching of one
incoming order against one or more marketable contra-side orders
resting on the CHX book. The simplest example involves one incoming
order matching against one resting order at one price point.
However, an order-matching event could also involve one incoming
order matching against two or more orders, sometimes at multiple
price points.
    \88\ During an order matching event, an order sender cannot not
change the size or price of the Reserve Size order.
---------------------------------------------------------------------------

    The purpose of this language is to clarify that the Rule
201(b)(1)(iii)(A) exception applies to the entire Reserve Size order,
including the undisplayed portion, so long as (1) the Reserve Size
order was initially displayed at a price above the then-current NBB and
(2) any execution(s) against the Reserve Size order at a price below
one minimum price increment above the NBB is the result of one order-
matching event. Thus, the proposed language continues by providing that
if a Reserve Size order is refreshed after an order-matching event
(e.g., the incoming order was smaller than the resting Reserve Size
order), but the refreshed quote cannot be permissibly displayed at the
initially displayed price in compliance with Regulation SHO, the entire
Reserve Size order shall be cancelled or price slid, if the order is
marked CHX Only, as defined under the amended Article 1, Rule
2(b)(1)(C).
    Moreover, the Exchange proposes to adopt language that provides
that if the NBBO for a covered security subject to the short sale price
test restriction become crossed, a Sell Short order in the covered
security may be displayed or executed at a price that is less than or
equal to the current NBB while the market is crossed. This language is
virtually identical to the response to Question 6.1 of the ``Division
of Trading and Markets: Responses to Frequency Asked Questions
Concerning Rule 201 of Regulation SHO'' (``Regulation SHO FAQs'').\89\
---------------------------------------------------------------------------

    \89\ ``Division of Trading and Markets: Responses to Frequency
Asked Questions Concerning Rule 201 of Regulation SHO.'' U.S.
Securities and Exchange Commission, 20 Jan. 2011. Web. 16 June 2014.
<http://www.sec.gov/divisions/marketreg/rule201faq.htm>.
---------------------------------------------------------------------------

Amended Article 1, Rule 2(b)(1)(C) (CHX Only)
    The Exchange proposes to expand the applicability of the current
CHX Only modifier to limit orders marked Do Not Display or Reserve Size
and not just ``fully-displayable'' limit orders (i.e., limit orders not
marked by an order display modifier).\90\ Moreover, in light of the
foregoing amendments to the Article 20, Rule 8(b) and (d), the Exchange
proposes to make similar amendments to terminology used in defining the
CHX Only modifier to be consistent with proposed Article 20, Rule 8(b)
and (d).
---------------------------------------------------------------------------

    \90\ See Article 1, Rule 2(b)(1)(C).
---------------------------------------------------------------------------

    In 2011, the Exchange introduced the CHX Only order type, amended
twice in 2013,\91\ which is designed to encourage displayed liquidity
on the Exchange and to reduce automatic cancellations by the Matching
System.\92\ The CHX Only modifier is a limit order modifier that
requires the order to be ranked and executed on the Exchange, without
routing away to another trading center. Order senders have the option
to default all limit orders to ``CHX Only'' and therefore be subject to
the CHX Only Price Sliding Processes. The CHX Only Price Sliding
Processes is an order handling functionality comprised of NMS Price
Sliding and Short Sale Price Sliding designed to ensure compliance with
Rule 610(d) of Regulation NMS and Rule 201 of Regulation SHO. The CHX
Only Price Sliding Processes are applied to all CHX Only orders that,
at the time of order entry, would be in violation of Rule 610(d) of
Regulation NMS and/or Rule 201 of Regulation SHO, if displayed or
executed at the limit price. However, a CHX Only order that, at the
time of order entry, could be displayed or executed in compliance with
Regulation NMS and Rule 201 of Regulation SHO will not be subject to
the CHX Only Price Sliding Processes and shall be displayed and
executable without price sliding.
---------------------------------------------------------------------------

    \91\ See Securities Exchange Act Release No. 69319 (April 5,
2013), 78 FR 21634 (April 11, 2013) (SR-CHX-2013-08); see also
Securities Exchange Act Release No. 69075 (March 8, 2013), 78 FR
16311 (March 14, 2013) (SR-CHX-2013-07).
    \92\ Prior to the recent amendment, the CHX Only order type was
originally adopted in 2011. See Securities Exchange Act Release No.
64319 (Apr. 21, 2011), 76 FR 23634 (Apr. 27, 2011) (SR-CHX-2011-04).
---------------------------------------------------------------------------

    Mechanically, for those orders subject to the CHX Only Price
Sliding Processes, the Matching System will price slide orders multiple
times depending on changes to the NBBO (the repricing of CHX Only sell
short orders subject to Rule 201 of Regulation SHO is dependent solely
on declines to the NBB), so long as the order can be displayed and
executable in an increment consistent with the provisions of Rule
610(d) of Regulation NMS and Rule 201 of Regulation SHO, until the
order is executed, cancelled or the original limit price is reached.
Also, the CHX Only Price Sliding Processes are based on Protected
Quotations at equities exchanges other than the Exchange (Short Sale
Price Sliding is based on the NBB) and all CHX Only limit orders
subject to the CHX Only Price Sliding Processes shall maintain their
original limit price and shall retain their time priority with respect
to other orders based upon the time those orders were initially
received by the Matching System. Like all limit orders ranked on the
CHX book, CHX Only orders are ranked at every price point up to its
limit price, as fully-displayable orders, then by sequence number. CHX
Only orders that are price slid maintain their original sequence
number, notwithstanding price sliding.
    The Exchange now proposes several amendments to the CHX Only
modifier to permit the modifier to be attached to limit orders marked
Do Not Display and Reserve Size and to clarify that Odd Lot orders
marked CHX Only are also subject to the CHX Only Price Sliding
Processes.
    Notably, the Exchange proposes to add additional language to
Article 1, Rule 2(b)(1)(C)(i)(a), which outlines ``Initial NMS Price
Sliding,'' to provide that in addition to when a CHX Only would lock or
cross a Protected Quotation of an external market in violation of Rule
610(d), NMS Price Sliding will also occur if, at the time of entry, a
CHX Only order is priced at or through a contra-side Protected
Quotation of an external market and is for an Odd Lot or is priced
through a contra-side Protected Quotation of an external market and is
marked Do Not Display. This additional language is necessary because
Odd Lots could not, by themselves, be Protected Quotations and, thus,
are not subject to Rule 610(d) of Regulation NMS.\93\ Moreover, since
CHX Only orders marked Do Not Display could never be displayed at any
price, a violation of Rule 610(d) of Regulation NMS would never occur.
---------------------------------------------------------------------------

    \93\ See CHX Article 20, Rule 8(b)(6).

---------------------------------------------------------------------------

    In addition, the Exchange proposes the following global changes
under subparagraph (C):
    (1) The Exchange proposes to replace all reference to ``ranked'' or
``re-rank'' with the more accurate term ``executable.'' Pursuant to
proposed Article 20, Rule 8(b), a limit order is ranked at each price
point up to its limit price by its display status then sequence number.
Thus, an order subject to price sliding is not quite ``re-ranked,'' as
it maintains its original rank in the CHX book behind orders already
resting on the CHX book.\94\ Thus, the more accurate term is
``executable,'' as price slid orders are ranked at every price point up
to its limit price, but only executable at the most aggressive price
permissible by Rule 611 of Regulation NMS (i.e., its ``Working
Price'').\95\
---------------------------------------------------------------------------

    \94\ This concept is already codified under current Article 20,
Rule 2(b)(1)(C)(iv), which provides that CHX Only order subject to
the Price Sliding Processes will retain their time priority versus
other orders based upon the time those orders were initially
received by the Matching System.
    \95\ See supra note 73.
---------------------------------------------------------------------------

    (2) The Exchange also proposes to adopt the term ``displayable,''
in addition to the current term ``displayed,'' because Odd Lot orders
that are marked CHX Only would not be displayed at the Permitted
Display Price if it could not be aggregated with other Odd Lots or
Mixed Lots for display purposes, pursuant to current Article 20, Rule
8(b)(6). Thus, price slid Odd Lots would be executable at the locking
price and displayable at the Permitted Display Price, if the Odd Lot
could not be aggregated for display purposes pursuant to current
Article 20, Rule 8(b)(6).
    (3) The Exchange proposes to eliminate language in current
subparagraphs (C)(i)(b)(1) and (2) and (C)(ii)(b) states that CHX Only
orders ``shall receive a new timestamp'' at each price sliding event,
as such language is confusing and unnecessary. As the Exchange
clarified in SR-CHX-2013-07, the purpose of timestamp ``is to simply
record the time of the price adjustment, as opposed to establishing or
retaining time priority.'' \96\ Pursuant to subparagraph (C)(iv), CHX
Only orders subject to the Price Sliding Processes retain their time
priority versus other orders based upon the time those orders were
initially received by the Matching System. Thus, for clarity, the
Exchange proposes to delete reference to a ``new timestamp.''
---------------------------------------------------------------------------

    \96\ See Securities Exchange Act Release No. 69075 (March 8,
2013), 78 FR 16311 (March 14, 2013) (SR-CHX-2013-07).
---------------------------------------------------------------------------

    Moreover, the Exchange proposes the following specific amendments.
With respect to current subparagraph (C), the Exchange propose to
capitalize the term ``Trading Center'' in the first paragraph, as the
Exchange proposes to adopt the term as a defined term under Article 1,
Rule 1(nn).\97\ Moreover, the Exchange proposes to eliminate the first
sentence of the fourth paragraph under subparagraph (C), as the
Exchange proposes to make the CHX Only modifier applicable to all limit
orders, regardless of the attached order display modifier.
---------------------------------------------------------------------------

    \97\ See supra note 5.
---------------------------------------------------------------------------

    In addition, given that the Exchange proposes to permit Do Not
Display orders to be marked CHX Only and require all resting limit
orders marked Do Not Display to be handled as CHX Only, all resting
sell short orders marked Do Not Display shall be subject to Short Sale
Price Sliding. As such, if the short sale price test restriction under
Rule 201 of Regulation SHO is in effect, resting sell short orders
marked Do Not Display will not be cancelled if it would execute at a
price at or below the NBB because such resting orders will always be
price slid to the Permitted Price (i.e., one minimum price increment
above the NBB). Thus, the Exchange proposes to delete the last sentence
of the fourth paragraph under subparagraph (C), as such orders will be
subject to the Short Sale Price Sliding Processes.
    Incidentally, the Exchange proposes to add a sentence to current
Article 1, Rule 2(b)(1)(C)(ii)(b), which provides that to reflect
increases in the NBB, the Matching System will continue to reprice an
undisplayed CHX Only Sell Short order (i.e., CHX Only Sell Short order
for an Odd Lot that could not be aggregated into a displayed round lot
or a CHX Only Sell Short order marked Do Not Display) to the greater of
the Permitted Price or the Lower Price Band, until the order is
executed, cancelled or its original limit price is reached.
    With respect to subparagraph (C)(i)(a), aside from the amendments
discussed above, the Exchange also proposes to add ``if not marked Do
Not Display,'' prior to the word ``displayed,'' to clarify that orders
marked Do Not Display would never be displayed at any price. The
Exchange proposes to make similar amendments to the second paragraph
under subparagraph (C)(i)(a), which details the interplay between the
CHX Only Price Sliding Processes and Limit Up-Limit Down Price Sliding
(``LULD Price Sliding''),\98\ which currently provides that the more
aggressive of the NBB (NBO) and Lower (Upper) Price Band will dictate
how an order would be price slid.\99\ Also, with respect to
subparagraph (C)(i)(b), the Exchange proposes to replace ``re-ranked
and re-displayed'' with the more general ``price slid,'' because the
price sliding of orders marked Do Not Display will never result in the
order being ``re-displayed.''
---------------------------------------------------------------------------

    \98\ See CHX Article 20, Rule 2A(b)(2)(A)(i).
    \99\ See the Plan to Address Extraordinary Market Volatility
Pursuant to Rule 608 of Regulation NMS under the Act (the ``Limit
Up-Limit Down Plan'' or the ``Plan''), Securities Exchange Act
Release No. 67091 (May 31, 2012), 77 FR 33498 (June 6, 2012) (the
``Limit Up-Limit Down Release'').
---------------------------------------------------------------------------

    The Exchange proposes to adopt subparagraphs (C)(i)(b)(5) and (6)
to address ``multiple NMS Price Sliding'' for CHX Only orders marked Do
Not Display and Reserve Size, respectively. Proposed subparagraph
(C)(i)(b)(5) provides that in the event that a Protected Offer (Bid) of
an external market crosses a resting CHX Only bid (offer) marked Do Not
Display, the resting bid (offer) marked Do Not Display shall be price
slid to lock the Protected Offer (Bid) of the external market.\100\ The
following Example 24 illustrates this price sliding for resting CHX
Only orders marked Do Not Display:
---------------------------------------------------------------------------

    \100\ This is in contrast to fully-displayed CHX Only orders,
which would be permitted to stand its ground at its displayed price
where a subsequent contra-side Protected Quotation of an external
market locked or crossed the fully-displayed CHX Only order.
---------------------------------------------------------------------------

    Example 24. Assume that the NBBO for security XYZ is $10.00 x
$10.01. Assume that the CHX book has one resting bid marked Do Not
Display and CHX Only for 100 shares of security XYZ priced at $10.01/
share (``CHX Only Bid 1''). Assume then that the NBBO moves to $9.99 x
$10.00.
    In this situation, pursuant to proposed subparagraph (C)(i)(b)(5),
CHX Only Bid would be price slid and executable at the NBO locking
price of $10.00.
    Proposed subparagraph (C)(i)(b)(6) provides that a resting CHX Only
order marked Reserve Size shall be price slid to a less aggressive
price if a refreshed display of the order would lock or cross a
Protected Quotation of an external market and shall receive execution
priority pursuant to Article 20, Rule 8(b)(4). If a contra-side
Protected Quotation of an external market locked or crossed the
displayed portion of a CHX Only Reserve Size order, the CHX Only
Reserve Size order would be permitted to remain displayed at its
current displayed price because displayed portions of reserve size
orders are treated the same as fully-displayed limit orders for the
purposes of Rule 610(d) of Regulation NMS. The following Examples 25
and 26 illustrates this price sliding for CHX Only orders marked Do Not
Display:

    Example 25. Assume the same as Example 24, except that the resting
bid is marked Reserve Size and CHX Only and is for 500 shares of
security XYZ, 100 of which are displayed, priced at $10.00/share (``CHX
Only Bid 2''). Assume then that the NBBO moves to $9.99 x $10.00.
    In this situation, CHX Only Bid 2 would be permitted to remain
displayed at $10.00 because it was displayed at a price below the NBO
at the time it was initially displayed. Furthermore, pursuant to
Interpretation and Policy .01(d) of Article 20, Rule 5, the Matching
System would ignore the crossing quotes and execute orders pursuant to
the first uncrossed set of Protected Quotations.
    Example 26. Assume the same as Example 25 and that prior to the
NBBO moving to $9.99 x $10.00, the Matching System receives a limit
order to sell 100 shares of security XYZ at $10.00/share, which is
immediately executed against the displayed portion of CHX Only Bid 2.
Assume then that prior to the displayed portion of CHX Only Bid 2 being
refreshed, the NBBO moves to $9.99 x $10.00. Thus, a refreshed display
of 100 shares of security XYZ at $10.00/share would lock the markets in
violation of Rule 610(d) of Regulation NMS.
    In this situation, the remaining 400 shares of CHX Only Bid 2 would
be price slid and executable at the NBO locking price of $10.00/share,
but the displayed portion would be displayed at the Permitted Display
Price of $9.99. Thus, if an incoming offer for 400 shares of security
XYZ priced at $9.99/share were subsequently received by the Matching
System, the incoming offer would execute against the full size of CHX
Only Bid 2 (i.e., the first 100 displayed shares, followed by the 300
shares that are undisplayed) at $10.00/share.
    Also, the Exchange proposes to amend the last sentence under
subparagraph (c)(i)(b) to include ``subparagraphs (3) to (6).''
    Pursuant to current Article 20, Rule 8(b)(4), when the displayed
portion of a Reserve Size order is refreshed, the displayed portion
receives a new sequence number reflecting the time at which the display
was refreshed, regardless of whether the Reserve Size order is price
slid. However, the undisplayed portion of a Reserve Size order will
always maintain its original sequence number, provided that the size of
the undisplayed portion is only decremented. As such, the Exchange
proposes to amend subparagraph (C)(iv) to provide that CHX Only orders
subject to the Price Sliding Processes will retain their time priority
versus other orders based upon the time those orders were initially
received by the Matching System; provided, however, that the displayed
portion of a Reserve Size CHX Only order that is refreshed shall have
time priority based on the time the displayed order was refreshed.\101\
---------------------------------------------------------------------------

    \101\ See supra Example 20.
---------------------------------------------------------------------------

    Under subparagraph (C)(ii), aside from the amendments discussed
above, the Exchange proposes several amendments. Immediately after the
title of subparagraph (C)(ii) ``Short Sale Price Sliding,'' the
Exchange proposes to add language clarifying that a limit order marked
Sell Short, as defined under Article 1, Rule 2(b)(3)(D), must comply
with the requirements of Article 20, Rule 8(d)(4), which outlines how
the Matching System handles orders subject to the short sale price test
restriction under Rule 201 of Regulation SHO. The proposed language
continues by providing that if the Sell Short order is marked CHX Only,
the order shall be price slid pursuant to the Short Sale Price Sliding
rule.
    In addition, the Exchange proposes to replace all reference under
subparagraph (C)(ii) to ``repriced and displayed'' and ``reprice and
display'' with the more accurate ``repriced (and displayed, if
applicable)'' and ``reprice (and re-display, if applicable),''
respectively, since limit orders marked Do Not Display and CHX Only
will never be displayed at any price. The Exchange also proposes to
capitalize all references to the term ``Sell Short,'' as it is a
defined term under Article 1, Rule 2(b)(3)(D).
    Under subparagraph (C)(ii)(a), the Exchange proposes to delete
reference to the Limit Up-Limit Down Lower Price Band within
subparagraph (C)(ii)(a) and restate that language as a separate
paragraph, which provides that if the Permitted Price is priced below
the Lower Price Band, an incoming CHX Only Sell Short order that, at
the time of entry, is priced below the Lower Price Band, shall be
repriced (and displayed, if applicable) at the Lower Price Band,
pursuant to Article 20, Rule 2A(b)(2)(A)(i). The Exchange submits that
this proposed amendment will improve the logical flow of the rule.
Similarly, the Exchange proposes to replace ``irrespective of the
prices at which such orders are priced and displayed'' with the
simplified ``notwithstanding price sliding.''
    Under subparagraph (C)(ii)(b), the Exchange proposes to add
language that provides that to reflect increases in the NBB, the
Matching System will continue to reprice an undisplayed CHX Only Sell
Short order to the greater of the Permitted Price or the Lower Price
Band, until the order is executed, cancelled or its original limit
price is reached, pursuant to Article 20, Rule 2A(b)(2)(A)(ii). This
language is necessary because undisplayed CHX Only Sell Short orders
cannot not rely upon the Rule 201(b)(1)(iii)(A) of Regulation SHO
exception to the short sale price test restriction to be executable at
a price below one minimum price above the then current NBB.\102\ Given
that the Exchange proposes to handle all orders marked Do Not Display
as CHX Only, the Exchange intends to price slide these orders, as
opposed to cancelling them, as the Exchange does currently.
---------------------------------------------------------------------------

    \102\ See supra note 86.
---------------------------------------------------------------------------

    Under subparagraph (C)(ii)(d)(1), the Exchange proposes to add
language to cross-reference current Article 20, Rule 8(b)(4), which
currently codifies Rule 201(b)(1)(iii)(A) of Regulation SHO in CHX
rules.\103\ The Exchange also proposes to delete language referring to
CHX Only Sell Short orders that are ``subject to Short Sale Price
Sliding,'' as all CHX Only Sell Short orders are eligible for this
exception, even if the order was not initially price slid upon
acceptance by the Matching System. Finally, the Exchange proposes to
amend the language referring to the Lower Price Band to simply provide
that a CHX Only Sell Short order may never execute (or be displayed, if
applicable) at a price below the Lower Price Band.
---------------------------------------------------------------------------

    \103\ Id.
---------------------------------------------------------------------------

    Aside from the foregoing, the Exchange does not propose to
otherwise amend the operation of the CHX Only modifier. Thus, the CHX
Only modifier shall remain compatible or incompatible with other order
modifiers as described under SR-CHX-2013-07.\104\
---------------------------------------------------------------------------

    \104\ See supra note 96.
---------------------------------------------------------------------------

Amended Article 20, Rule 2A(b) (LULD Price Sliding)
    In light of the proposed amendment to the CHX Only modifier, the
Exchange proposes to amend Article 20, Rule 2A(b)(1), which details the
operation of Limit Up-Limit Down Price Sliding (``LULD Price
Sliding''), to amend the definition of ``eligible orders'' for LULD
Price Sliding to provide that ``all incoming and resting limit orders
shall be eligible for LULD Price Sliding.'' This amendment would make
LULD Price Sliding consistent with the amended CHX Only modifier, which
the Exchange now proposes to make applicable to Do Not Display and
Reserve Size orders. Aside from this amendment, the Exchange does not

propose to otherwise amend the operation of LULD Price Sliding as
described under SR-CHX-2013-08.\105\
---------------------------------------------------------------------------

    \105\ See Exchange Act Release No. 69319 (April 5, 2013), 78 FR
21634 (April 11, 2013) (SR-CHX-2013-08).
---------------------------------------------------------------------------

Operative Date of Proposed Rule Change
    This proposed rule filing shall become effective upon filing,
pursuant to Section 19(b)(3)(A) of the Act \106\ and Rule 19b-4(f)(6)
thereunder,\107\ but will be implemented upon two weeks' notice by the
Exchange to its Participants via Regulatory Notice. The Exchange
anticipates that the proposed CHX Routing Services and other amendments
described herein will become operational, at earliest, by the end of
2014. In addition, prior to the proposed CHX Routing Services becoming
operational, the Exchange will adopt a fee for use of the proposed CHX
Routing Services, in a separate Rule 19b-4 filing.
---------------------------------------------------------------------------

    \106\ 15 U.S.C. 78s(b)(3)(A).
    \107\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------

2. Statutory Basis
    The Exchange submits that the proposed rule change to adopt the
proposed CHX Routing Services, modify the Exchange's price sliding
functionalities, and clarify the operation of the Matching System, is
consistent with Section 6(b) of the Act in general \108\ and furthers
the objectives of Section 6(b)(5) in particular,\109\ because 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 transaction in
securities, to remove impediments to, and perfect the mechanisms of, a
free and open market and, in general, protect investors and the public
interest.
---------------------------------------------------------------------------

    \108\ 15 U.S.C. 78f(b).
    \109\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The proposed CHX Routing Services will increase the likelihood of
order executions resulting from orders submitted to the Matching
System, as Routable Orders that could not be executed within the
Matching System will be routed for execution at an away routing
destination by the Exchange, provided that a Routing Event is
triggered. As such, the routing of orders to execute against Protected
Quotations of external markets will enhance the efficiency of the
National Market System by permitting Participants to obtain executions
for orders at protected markets displaying better priced contra-side
quotes, without having to submit orders in addition to Routable Orders
already submitted to the Matching System. This will, in turn, result in
more efficient order sending activity, which is consistent with the
aforementioned objectives of Section 6(b)(5).
    Also, the proposed expansion of the CHX Only modifier and LULD
Price Sliding to include limit orders marked Do Not Display and Reserve
Size and amendment to the Do Not Display modifier to require all
resting Do Not Display orders to be handled as CHX Only will reduce the
number of order cancellations within the Matching System by price
sliding orders that would otherwise be cancelled if they could not be
displayed or executed in compliance with Regulation NMS. Consequently,
there will be more liquidity resting on the CHX book, which will
increase the likelihood of order executions, which is also consistent
with the aforementioned objectives of Section 6(b)(5).
    In addition, the proposed amendment to the Do Not Display modifier
to correct a misstatement that such orders may [sic] hidden ``in part''
will result in the description of the order modifier to be more
accurate, which is consistent with the aforementioned objectives of
Section 6(b)(5).
    Moreover, the proposed amendments to Article 20, Rule 8 to clarify
how orders are currently ranked, displayed, and automatically executed
within the Matching System will promote a better understanding of how
orders are handled within the Matching System. This greater
transparency will provide better protection to investors and promote
the public interest, which is consistent with the aforementioned
objectives of Section 6(b)(5).

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

    The Exchange does not believe that the proposed rule change will
have an impact on competition that is unnecessary or inappropriate in
furtherance of the purposes of the Act. To the contrary, the proposed
CHX Routing Services and proposed amendments to the CHX Only and Do Not
Display modifier and the LULD Price Sliding Processes should act as a
positive force for competition by providing a more transparent and
versatile alternative to similar routing services and price sliding
functionalities offered by other exchanges. Moreover, the proposed
clarification of the operation of the Matching System would have no
impact on competition as it does not introduce any new functionality
not already offered by the Exchange.

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

    No written comments were either solicited or received.

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 from the date on which it was filed, or
such shorter time as the Commission may designate, it has become
effective pursuant to Section 19(b)(3)(A) of the Act \110\ and
subparagraph (f)(6) of Rule 19b-4 thereunder.\111\
---------------------------------------------------------------------------

    \110\ 15 U.S.C. 78s(b)(3)(A).
    \111\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)
requires the Exchange to give the Commission written notice of the
Exchange's intent to file the proposed rule change along with a
brief description and text of 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.
---------------------------------------------------------------------------

    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-CHX-2014-15 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-CHX-2014-15. 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
10:00 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 CHX. 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-CHX-2014-15 and should be
submitted on or before October 16, 2014.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\112\
---------------------------------------------------------------------------

    \112\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-22787 Filed 9-24-14; 8:45 am]
BILLING CODE 8011-01-P