[Federal Register Volume 82, Number 205 (Wednesday, October 25, 2017)]
[Notices]
[Pages 49429-49431]
[FR Doc No: 2017-23114]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81899; File No. SR-OPRA-2017-01]

Options Price Reporting Authority; Notice of Filing and Immediate
Effectiveness of Proposed Amendment To Modify the OPRA Fee Schedule To
Amend the Professional Subscriber Device-Based Fee

October 19, 2017.
    Pursuant to Section 11A of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 608 thereunder,\2\ notice is hereby given that
on September 27, 2017, the Options Price Reporting Authority (``OPRA'')
submitted to the Securities and Exchange Commission (``Commission'') an
amendment to the Plan for Reporting of Consolidated Options Last Sale
Reports and Quotation Information (``OPRA Plan'').\3\ The OPRA Plan
amendment would implement changes to the Professional Subscriber
Device-Based Fee effective January 1, 2018. The Commission is
publishing this notice to provide interested persons an opportunity to
submit written comments on the OPRA Plan amendment.
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    \1\ 15 U.S.C. 78k-1.
    \2\ 17 CFR 242.608.
    \3\ The OPRA Plan is a national market system plan approved by
the Commission pursuant to Section 11A of the Act and Rule 608
thereunder. See Securities Exchange Act Release No. 17638 (March 18,
1981), 22 S.E.C. Docket 484 (March 31, 1981). The full text of the
OPRA Plan and a list of its fifteen participants are available at
http://www.opradata.com. The OPRA Plan provides for the collection
and dissemination of last sale and quotation information on options
that are traded on the participant exchanges.
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I. Description and Purpose of the Plan Amendment

(a) Fee Schedule Amendments

    The purpose of the proposed Fee Schedule amendments is to specify
OPRA's Professional Subscriber Device-Based Fee effective January 1,
2018 and make conforming changes in OPRA's Enterprise Rate Professional
Subscriber Fee. OPRA's Enterprise Rate Professional Subscriber Fee is
available to those Professional Subscribers that

elect that rate in place of the regular OPRA device-based fees.\4\
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    \4\ OPRA's Enterprise Rate is based on the number of a
Professional Subscriber's U.S. registered representatives and
independent investment advisers who contract with the Subscriber to
provide advisory services to the Subscriber's customers.
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    Specifically, it is proposed, effective January 1, 2018: To
increase the current $30.50 monthly per device fee by $1.00; to
increase the Enterprise Rate, currently a monthly fee of $30.50 times
the number of a Professional Subscriber's U.S.-based registered
representatives, to be a monthly fee of $31.50 times the number of the
Subscriber's U.S.-based registered representatives; and to make
conforming changes to the minimum monthly fee under the Enterprise
Rate. ``Professional Subscribers'' are persons who subscribe to OPRA
data, do not qualify for the reduced fees charged to ``Nonprofessional
Subscribers,'' and do not redistribute the OPRA data to third parties.
OPRA permits the counting of ``User IDs'' as a surrogate for counting
``devices'' for purposes of its Professional Subscriber Device-based
Fees.\5\
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    \5\ See footnote 2 in the OPRA Fee Schedule and OPRA's Policies
with respect to Device-based Fees.
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    The number of devices reported to OPRA as subject to Professional
Subscriber Device-Based Fees has been steadily trending downwards over
many years. In 2008, OPRA received device-based fees, including
enterprise fees, with respect to approximately 210,500 devices. In
2015, OPRA received device-based fees, including enterprise fees, with
respect to approximately 141,300 devices, and in 2016 OPRA received
device-based fees, including enterprise fees, with respect to
approximately 137,100 devices. OPRA is receiving device-based fees in
the third calendar quarter of 2017 with respect to approximately
128,500 devices--already a reduction of approximately 6.3% from 2016.
OPRA believes that this long-term downward trend is the result of the
increasing use of trading algorithms and automated trading platforms
and other fundamental changes in the securities industry, and OPRA
anticipates that this trend is likely to continue.
    The proposed increase in the Professional Subscriber Device-Based
Fees is consistent with OPRA's past practice of making incremental
$1.00 increases in its monthly Professional Subscriber Device-Based
Fees,\6\ and OPRA believes that OPRA's Professional Subscribers should
not be surprised by the increase. The proposed increase in the
Professional Subscriber Device-Based Fee--which is an increase of
approximately 3.3%--will partially offset the impact on revenue of the
reduction in the number of devices in 2017 as compared to 2016.
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    \6\ The year 2015 was an exception: For 2015, OPRA implemented
an increase of $1.50 in its Professional Subscriber Device-Based
Fee, because during 2015 one of OPRA's member exchanges initiated
after-hours trading, causing OPRA to incur additional expenses
associated with data dissemination during expanded trading hours.
OPRA implemented $1.00/month increases in its Professional
Subscriber Device-Based Fee for each of the years 2008-2014 and for
the years 2016 and 2017. See Securities Exchange Act Release Nos.
72826, 79 FR 48777 (August 18, 2014) (File No. SR-OPRA-2014-06),
77585, 81 FR 22668 (April 18, 2016) (File No. SR-OPRA-2015-02), and
79152, 81 FR 75462 (October 31, 2016) (File No. SR-OPRA-2016-01).
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    The text of the amendment to the OPRA Plan is available at OPRA,
the Commission's Public Reference Room, the OPRA Web site at http://opradata.com, and on the Commission's Web site at www.sec.gov.

(b) Implementation of the OPRA Plan Amendment

    Pursuant to paragraph (b)(3)(i) of Rule 608 of Regulation NMS under
the Act, OPRA designated this amendment as establishing or changing
fees or other charges collected on behalf of all of the OPRA
participant exchanges in connection with access to or use of OPRA
facilities. OPRA proposes to put the changes in the Professional
Subscriber Device-Based Fee into effect as of January 1, 2018.
Implementation of the changes in the Professional Subscriber Device-
Based Fee on January 1 is consistent with OPRA's prior practice with
respect to changes in this fee, and OPRA represents that this will
provide ample opportunity to give persons subject to this fee advance
notice of the change.

(c) Phases of Development and Implementation

    Not applicable.

(d) Impact on Competition

    OPRA believes that the proposed amendment will impose no burdens on
competition that are not justified in light of the purposes of the Act.

(e) Written Understanding or Agreements Among the Plan Participants

    Not applicable.

(f) Approval of the Proposed Amendment

    OPRA represents that the proposed amendments to the OPRA Fee
Schedule were approved in accordance with the provisions of the OPRA
Plan.
    The Commission may summarily abrogate the amendment within sixty
days of its filing and require refiling and approval of the amendment
by Commission order pursuant to Rule 608(b)(2) under the Act \7\ if it
appears to the Commission that such action is necessary or appropriate
in the public interest, for the protection of investors, or the
maintenance of fair and orderly markets, to remove impediments to, and
perfect the mechanisms of, a national market system, or otherwise in
furtherance of the purposes of the Act.\8\
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    \7\ See 17 CFR 242.608(b)(2).
    \8\ See 17 CFR 242.608(b)(3)(iii).
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II. Solicitation of Comments

    Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the OPRA Plan
amendment 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 protected]. Please include
File No. SR-OPRA-2017-01 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-OPRA-2017-01. 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 OPRA Plan amendment that are
filed with the Commission, and all written communications relating to
the OPRA Plan amendment 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 such filing also will be available
for inspection and copying at the principal

office of OPRA. All comments received will be posted without change.
Persons submitting comments are cautioned that we do not redact or edit
personal identifying information from comment submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-OPRA-2017-01 and should be
submitted on or before November 15, 2017.

    By the Commission.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-23114 Filed 10-24-17; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register: March 11, 2008 (Volume 73, Number 48)]
[Notices]
[Page 12972]
[DOCID:fr11mr08-47]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. CP08-78-000]

Columbia Gas Transmission Corporation; Notice of Application

March 4, 2008.
    Take notice that on February 25, 2008, Columbia Gas Transmission
Corporation (Columbia), 1700 MacCorkle Avenue, SE, Charleston, West
Virginia, pursuant to section 7 of the Natural Gas Act (NGA) and part
157 of the Commission's regulations, filed an application for a
certificate of public convenience and necessity, seeking authority to
extend the reservoir boundary and protective boundary of its Weaver
storage field located in Ashland, Knox, and Richland Counties, Ohio,
all as more fully set forth in the application, which is on file with
the Commission and open to public inspection. This filing is available
for review at the Commission in the Public Reference Room or may be
viewed on the Commission's Web site at http://www.ferc.gov using the
``e-Library'' link. Enter the docket number excluding the last three
digits in the docket number field to access the document. For
assistance, contact FERC at FERCOnlineSupport or call toll-free, (866)
208-3676, or for TTY,<PHONE_NUMBER>.
    Any questions regarding this application should be directed to
Fredric J. George, Lead Counsel, Columbia Gas Transmission Corporation,
P.O. Box 1273, Charleston, West Virginia 25325-1273 at<PHONE_NUMBER>
(phone) or<PHONE_NUMBER> (fax).
    Pursuant to section 157.9 of the Commission's rules, 18 CFR 157.9,
within 90 days of this Notice the Commission staff will either:
complete its environmental assessment (EA) and place it into the
Commission's public record (eLibrary) for this proceeding, or issue a
Notice of Schedule for Environmental Review. If a Notice of Schedule
for Environmental Review is issued, it will indicate, among other
milestones, the anticipated date for the Commission staff's issuance of
the final environmental impact statement (FEIS) or EA for this
proposal. The filing of the EA in the Commission's public record for
this proceeding or the issuance of a Notice of Schedule for
Environmental Review will serve to notify federal and state agencies of
the timing for the completion of all necessary reviews, and the
subsequent need to complete all federal authorizations within 90 days
of the date of issuance of the Commission staff's FEIS or EA.
    There are two ways to become involved in the Commission's review of
this Project. First, any person wishing to obtain legal status by
becoming a party to the proceeding for this project should, on or
before the comment date stated below, file with the Federal Energy
Regulatory Commission, 888 First Street, NE., Washington, DC 20426, a
motion to intervene in accordance with the requirements of the
Commission's Rules of Practice and Procedure (18 CFR 385.214 or
385.211) and the Regulations under the NGA (18 CFR 157.10). A person
obtaining party status will be placed on the service list maintained by
the Secretary of the Commission and will receive copies of all
documents filed by the applicant and by all other parties. A party must
submit 14 copies of filings made with the Commission and must mail a
copy to the applicant and to every other party in the proceeding. Only
parties to the proceeding can ask for court review of Commission orders
in the proceeding.
    However, a person does not have to intervene in order to have
comments considered. The second way to participate is by filing with
the Secretary of the Commission, as soon as possible, an original and
two copies of comments in support of or in opposition to this project.
The Commission will consider these comments in determining the
appropriate action to be taken, but the filing of a comment alone will
not serve to make the filer a party to the proceeding. The Commission's
rules require that persons filing comments in opposition to the project
provide copies of their protests only to the party or parties directly
involved in the protest.
    Persons who wish to comment only on the environmental review of
this project should submit an original and two copies of their comments
to the Secretary of the Commission. Environmental commenters will be
placed on the Commission's environmental mailing list, will receive
copies of the environmental documents, and will be notified of meetings
associated with the Commission's environmental review process.
Environmental commenters will not be required to serve copies of filed
documents on all other parties. However, the non-party commenters will
not receive copies of all documents filed by other parties or issued by
the Commission (except for the mailing of environmental documents
issued by the Commission) and will not have the right to seek court
review of the Commission's final order.
    Motions to intervene, protests and comments may be filed
electronically via the Internet in lieu of paper; see 18 CFR
285.2001(a)(1)(iii) and the instructions on the Commission's Web site
under the ``e-Filing'' link. The Commission strongly encourages
electronic filings.
     Comment Date: March 25, 2008.

Kimberly D. Bose,
Secretary.
[FR Doc. E8-4743 Filed 3-10-08; 8:45 am]

BILLING CODE 6717-01-P


[Federal Register Volume 78, Number 112 (Tuesday, June 11, 2013)]
[Notices]
[Pages 35018-35019]
[FR Doc No: 2013-13802]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 13642-002]

GB Energy Park, LLC; Notice of Preliminary Permit Application
Accepted for Filing and Soliciting Comments, Motions To Intervene, and
Competing Applications

    On May 1, 2013, GB Energy Park, LLC filed an application for a
preliminary permit, pursuant to section 4(f) of the Federal Power Act
(FPA), proposing to study the feasibility of the Gordon Butte Pumped
Storage Project (project) to be located near Martinsdale, Meagher
County, Montana. The sole purpose of a preliminary permit, if issued,
is to grant the permit holder priority to file a license application
during the permit term. A preliminary permit does not authorize the
permit holder to perform any land-disturbing activities or otherwise
enter upon lands or waters owned by others without the owners' express
permission.
    The proposed project would consist of the following:

Upper Reservoir

    (1) A new 50-foot-high, 9,000-foot-long earthen and roller
compacted concrete embankment; (2) a new 3,000-foot-long, 1,000-foot-
wide, 50- to 75-foot-deep upper reservoir, with a surface area of 50
acres and a storage capacity of 4,050 acre-feet at a normal maximum
surface elevation of 6,020 feet; (3) a new 25-foot-diameter, 4,000-
foot-long concrete- and steel-lined horizontal tunnel conveying flows
to the powerhouse; and (4) a new powerhouse adjacent to the lower
reservoir containing four 100-megawatt (MW) turbine generator units
having a total installed capacity of 400 MW.

Lower Reservoir

    (1) A new 50-foot-high, 10,000-foot-long earthen and roller
compacted concrete embankment; (2) a new 5,000-foot-long, 1,000-foot-
wide, 50- to 75-foot-deep lower reservoir with a surface area of 80
acres and a storage capacity of 4,050 acre-feet at a normal maximum
surface elevation of 4,990 feet; (3) option of three flow lines: (a) An
existing canal carrying flows diverted from Cottonwood Creek by an
existing

diversion structure to the project; (b) a new pipeline to convey flows
to the project from Martinsdale reservoir; or (c) a private reservoir;
(4) a new substation; (5) option of two transmission lines: (a) A new
5.7-mile-long, 500-kilovolt (kV) transmission line interconnecting with
an existing 500-kV line, or (b) a new 1.1-mile-long, 100-kV
transmission line interconnecting to an existing 100-kV line; (6) new
20-foot-wide gravel access roads along the outside and top of both
reservoirs' embankments; and (7) appurtenant facilities.
    The proposed project would have an average annual generation of
1,300 gigawatt-hours.
    Applicant Contact: Mr. Carl Borgquist, GB Energy Park, LLC, P.O.
Box 309, Bozeman, MT 59771; phone:<PHONE_NUMBER>.
    FERC Contact: Dianne Rodman; phone:<PHONE_NUMBER>.
    Deadline for filing comments, motions to intervene, competing
applications (without notices of intent), or notices of intent to file
competing applications: 60 days from the issuance of this notice.
Competing applications and notices of intent must meet the requirements
of 18 CFR 4.36. Comments, motions to intervene, notices of intent, and
competing applications may be filed electronically via the Internet.
See 18 CFR 385.2001(a)(1)(iii) and the instructions on the Commission's
Web site http://www.ferc.gov/docs-filing/efiling.asp. Commenters can
submit brief comments up to 6,000 characters, without prior
registration, using the eComment system at http://www.ferc.gov/docs-filing/ecomment.asp. You must include your name and contact information
at the end of your comments. For assistance, please contact FERC Online
Support at<EMAIL_ADDRESS>or toll free at 1-866-208-3676,
or for TTY,<PHONE_NUMBER>. Although the Commission strongly encourages
electronic filing, documents may also be paper-filed. To paper-file,
mail an original and five copies to: Kimberly D. Bose, Secretary,
Federal Energy Regulatory Commission, 888 First Street NE., Washington,
DC 20426.
    More information about this project, including a copy of the
application, can be viewed or printed on the ``eLibrary'' link of
Commission's Web site at http://www.ferc.gov/docs-filing/elibrary.asp.
Enter the docket number (P-13642) in the docket number field to access
the document. For assistance, contact FERC Online Support.

    Dated: June 5, 2013.
 Kimberly D. Bose,
 Secretary.
[FR Doc. 2013-13802 Filed 6-10-13; 8:45 am]
BILLING CODE 6717-01-P