[Federal Register Volume 80, Number 230 (Tuesday, December 1, 2015)]
[Notices]
[Page 75088]
[FR Doc No: 2015-30428]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER16-355-000]

Colonial Eagle Solar, LLC; Supplemental Notice That Initial
Market-Based Rate Filing Includes Request For Blanket Section 204
Authorization

    This is a supplemental notice in the above-referenced proceeding
Colonial Eagle Solar, LLC's application for market-based rate
authority, with an accompanying rate tariff, noting that such
application includes a request for blanket authorization, under 18 CFR
part 34, of future issuances of securities and assumptions of
liability.
    Any person desiring to intervene or to protest should file with the
Federal Energy Regulatory Commission, 888 First Street NE., Washington,
DC 20426, in accordance with Rules 211 and 214 of the Commission's
Rules of Practice and Procedure (18 CFR 385.211 and 385.214). Anyone
filing a motion to intervene or protest must serve a copy of that
document on the Applicant.
    Notice is hereby given that the deadline for filing protests with
regard to the applicant's request for blanket authorization, under 18
CFR part 34, of future issuances of securities and assumptions of
liability, is December 14, 2015.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov. To facilitate electronic service, persons with Internet
access who will eFile a document and/or be listed as a contact for an
intervenor must create and validate an eRegistration account using the
eRegistration link. Select the eFiling link to log on and submit the
intervention or protests.
    Persons unable to file electronically should submit an original and
5 copies of the intervention or protest to the Federal Energy
Regulatory Commission, 888 First Street NE., Washington, DC 20426.
    The filings in the above-referenced proceeding are accessible in
the Commission's eLibrary system by clicking on the appropriate link in
the above list. They are also available for electronic review in the
Commission's Public Reference Room in Washington, DC. There is an
eSubscription link on the Web site that enables subscribers to receive
email notification when a document is added to a subscribed docket(s).
For assistance with any FERC Online service, please email
<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For
TTY, call<PHONE_NUMBER>.

    Dated: November 23, 2015.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2015-30428 Filed 11-30-15; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register: May 18, 2006 (Volume 71, Number 96)]
[Notices]
[Page 28860-28861]
[DOCID:fr18my06-47]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Notice of Application Accepting for Filing and Soliciting Motions
To Intervene; Protests and Comments

May 11, 2006.
    Take notice that the following hydroelectric application has been
filed with the Commission and is available for public inspection:
    a. Type of Application: Preliminary Permit.
    b. Project No.: 12628-000.
    c. Date Filed: December 2, 2005.
    d. Applicant: City of Nashua.
    e. Name of Project: Cedar Lake Dam Project.
    f. Location: On Cedar River, in Nashua, Chickasaw County, Iowa. The

existing dam is owned by the City of Nashua.
    g. Filed Pursuant to: Federal Power Act, 16 U.S.C. 791(a)-825(r).
    h. Applicant Contact: Mr. David H. Skilton, City of Nashua, 402
Main Street, Nashua, Iowa 50658,<PHONE_NUMBER>.
    i. FERC Contact: Etta Foster,<PHONE_NUMBER>.
    j. Deadline for Filing Comments, Protests, and Motions To
Intervene: 60 days from the issuance date of this notice.
    All documents (original and eight copies) should be filed with
Magalie R. Salas, Secretary, Federal Energy Regulatory Commission, 888
First Street, NE., Washington, DC 20426. Please include the project
number (P-12628-000) on any comments, protests, or motions filed.
    k. Description of Project: The proposed project would consist of:
(1) The existing City of Nashua's 18-foot-high, 258-foot-long Cedar
River Dam; (2) a 2,000-foot wide, 700-acre impoundment with a storage
capacity of approximately 3,500 acre feet, and a normal surface
elevation of 960 feet above sea level; (3) an existing concrete and
brick powerhouse which will contain four proposed generating units with
a total installed capacity of 850 kW; (4) a proposed 60-foot-long,
13.8-k V transmission line; (5) a tailrace; and (6) appurtenant
facilities.
    The project would have an estimated annual generation of
approximately 3285 MWh (Mega-Watt hours). The applicant plans to sell
the generated energy.
    l. Location of Application: A copy of the application is available
for inspection and reproduction at the Commission in the Public
Reference Room, located at 888 First Street, NE., Room 2A, Washington,
DC 20426, or by calling<PHONE_NUMBER>. This filing may also be viewed
on the Commission's Web site 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, call toll-free 1-866-208-3676 or e-mail
<EMAIL_ADDRESS>For TTY, call<PHONE_NUMBER>. A copy is

also available for inspection and reproduction at the address in item
h. above.
    m. Individuals desiring to be included on the Commission's mailing
list should so indicate by writing to the Secretary of the Commission.
    n. Competing Preliminary Permit: Anyone desiring to file a
competing application for preliminary permit for a proposed project
must submit the competing application itself, or a notice of intent to
file such an application, to the Commission on or before the specified
comment date for the particular application (see 18 CFR 4.36).
Submission of a timely notice of intent allows an interested person to
file the competing preliminary permit application no later than 30 days
after the specified comment date for the particular application. A
competing preliminary permit application must conform with 18 CFR
4.30(b) and 4.36.
    o. Competing Development Application: Any qualified development
applicant desiring to file a competing development application must
submit to the Commission, on or before a specified comment date for the
particular application, either a competing development application or a
notice of intent to file such an application. Submission of a timely
notice of intent to file a development application allows an interested
person to file the competing application no later than 120 days after
the specified comment date for the particular application. A competing
license application must conform with 18 CFR 4.30(b) and 4.36.
    p. Notice of Intent: A notice of intent must specify the exact
name, business address, and telephone number of the prospective
applicant, and must include an unequivocal statement of intent to
submit, if such an application may be filed, either a preliminary
permit application or a development application (specify which type of
application). A notice of intent must be served on the applicant(s)
named in this public notice.
    q. Proposed Scope of Studies Under Permit: A preliminary permit, if
issued, does not authorize construction. The term of the proposed
preliminary permit would be 36 months. The work proposed under the
preliminary permit would include economic analysis, preparation of
preliminary engineering plans, and a study of environmental impacts.
Based on the results of these studies, the Applicant would decide
whether to proceed with the preparation of a development application to
construct and operate the project.
    r. Comments, Protests, or Motions To Intervene: Anyone may submit
comments, a protest, or a motion to intervene in accordance with the
requirements of Rules of Practice and Procedure, 18 CFR 385.210, .211,
.214. In determining the appropriate action to take, the Commission
will consider all protests or other comments filed, but only those who
file a motion to intervene in accordance with the Commission's Rules
may become a party to the proceeding. Any comments, protests, or
motions to intervene must be received on or before the specified
comment date for the particular application.
    Comments, protests and interventions may be filed electronically
via the Internet in lieu of paper; See 18 CFR 385.2001(a)(1)(iii) and
the instructions on the Commission's Web site under ``e-filing'' link.
The Commission strongly encourages electronic filing.
    s. Filing and Service of Responsive Documents: Any filings must
bear in all capital letters the title ``COMMENTS'', ``RECOMMENDATIONS
FOR TERMS AND CONDITIONS'', ``PROTEST'', ``MOTION TO INTERVENE'',
``NOTICE OF INTENT'', or ``COMPETING APPLICATION'', as applicable, and
the Project Number of the particular application to which the filing
refers. Any of the above-named documents must be filed by providing the
original and the number of copies provided by the Commission's
regulations to: The Secretary, Federal Energy Regulatory Commission,
888 First Street, NE., Washington, DC 20426. A copy of any motion to
intervene must also be served upon each representative of the Applicant
specified in the particular application.
    t. Agency Comments: Federal, state, and local agencies are invited
to file comments on the described application. A copy of the
application may be obtained by agencies directly from the applicant. If
an agency does not file comments within the time specified for filing
comments, it will be presumed to have no comments. One copy of an
agency's comments must also be sent to the Applicant's representatives.

Magalie R. Salas,
Secretary.
 [FR Doc. E6-7547 Filed 5-17-06; 8:45 am]

BILLING CODE 6717-01-P


[Federal Register Volume 77, Number 116 (Friday, June 15, 2012)]
[Notices]
[Pages 36027-36029]
[FR Doc No: 2012-14622]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-67180; File No. SR-NYSEArca-2012-56]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing
and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE
Arca Equities Schedule of Fees and Charges for Exchange Services

June 11, 2012.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby
given that, on May 31, 2012, NYSE Arca, Inc. (the ``Exchange'' or
``NYSE Arca'') filed with the Securities and Exchange Commission (the
``Commission'') the proposed rule change as described in Items I, II
and III below, which Items have been prepared by the self-regulatory
organization. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange proposes to amend the NYSE Arca Equities Schedule of
Fees and Charges for Exchange Services (``Fee Schedule''). The text of
the proposed rule change is available on the Exchange's Web site at
www.nyse.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 self-regulatory organization
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 those statements may be examined at
the places specified in Item IV below. The Exchange has prepared
summaries, set forth in sections A, B, and C below, of the most
significant parts of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to amend the Fee Schedule, as described
below, and implement the fee changes on June 1, 2012.
Passive Liquidity Orders
    A Passive Liquidity Order is an order to buy or sell a stated
amount of a security at a specified, undisplayed price.\4\ Passive
Liquidity Orders are available for all Equity Trading Permit (``ETP'')
Holders.\5\
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    \4\ See NYSE Arca Equities Rule 7.31(h)(4).
    \5\ See NYSE Arca Equities Rule 1.1(n).
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    The Exchange does not currently make credits available for Passive
Liquidity Orders in Exchange-listed and other Tape B securities that
provide liquidity on the Exchange. The Exchange hereby proposes to
implement credits for Passive Liquidity Orders in Exchange-listed and
other Tape B securities that provide liquidity, as follows:
     $0.0015 per share for Tier 1 and Step Up Tier 1;
     $0.0010 per share for Tier 2, Tier 3, Step Up Tier 2 and
Basic Rates; and
     For Investor Tiers 1-3, the applicable rate based on an
ETP Holder's qualifying levels.
    The Exchange also does not currently charge a fee for Passive
Liquidity Orders in Exchange-listed securities that remove liquidity
from the Exchange.\6\ The Exchange hereby proposes to implement fees
for Passive Liquidity Orders in Exchange-listed securities that remove
liquidity, which would be the same as the applicable Tier, Step Up Tier
or Basic Rate and would be based on an ETP Holder's qualifying levels,
as follows:
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    \6\ The Exchange currently charges ETP Holders for Passive
Liquidity Orders in non-Exchange-listed Tape B securities based on
an ETP Holder's qualifying levels.
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     $0.0026 per share fee for Tape B Step Up Tier;
     $0.0028 per share fee for Tiers 1-3 and Step Up Tiers 1
and 2;
     $0.0030 per share fee for Basic Rates; and
     For Investor Tiers 1-3, the applicable rate based on an
ETP Holder's qualifying levels.
    The Exchange also proposes to reflect in the Fee Schedule that, as
is the case today, there is neither a fee nor a credit for Passive
Liquidity Orders in Tape A and Tape C securities that provide
liquidity, but that Passive Liquidity Orders that remove liquidity
would be charged a fee of $0.0030 per share, unless the ETP Holder
qualifies for the Tape A or Tape C Step Up rate of $0.0029 per share.
    Finally, for Lead Market Makers (``LMMs''),\7\ the Exchange
proposes to implement a $0.0015 per share credit for Passive Liquidity
Orders that provide liquidity in securities for which they are
registered as the LMM.
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    \7\ The term ``Lead Market Maker'' means a registered Market
Maker that is the exclusive Designated Market Maker in listings for
which the Exchange is the primary market. See NYSE Arca Equities
Rule 1.1(ccc).
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PO and PO+ Orders
    The Exchange proposes to amend the Fee Schedule to increase the
Tier 1, Tier 2 and Basic Rate fee for PO and PO+ Orders in Tape A
securities that are routed to the New York Stock Exchange (``NYSE'')
that execute in the opening or closing auction, from $0.00085 to
$0.00095 per share.\8\ Related to this proposed increase, the Exchange
proposes to explicitly state that the Tier 3 fee for PO and PO+ Orders
routed to the NYSE that execute in the opening or

closing auction would be $0.00095 per share. The Exchange notes that
the current rate is the $0.00085 fee applicable under the Basic Rate
section of the Fee Schedule. The increase from $0.00085 to $0.00095 for
the Tier 3 rate would be a substantive change consistent with the
proposed increase in the Basic Rate, but charging a fee for these
transactions for Tier 3 ETP Holders would not be a change.
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    \8\ See NYSE Arca Equities Rule 7.31(x). A PO+ Order is a PO
Order entered for participation in the primary market, other than
for participation in the primary market opening or primary market
re-opening. See also NYSE Arca Equities Rule 7.31(x)(3).
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Cross-Asset Tier
    The Exchange also proposes to provide for a new Cross-Asset Tier
credit of $0.0030 for orders that provide liquidity on the Exchange,
which would apply to ETP Holders that (1) provide liquidity of 0.50% or
more of the U.S. Consolidated Average Daily Volume (``CADV'') \9\ per
month, and (2) are affiliated with an NYSE Arca Options Trading Permit
(``OTP'') Holder or OTP Firm that provides an Average Daily Volume
(``ADV'') of electronic posted Customer executions in Penny Pilot
issues on NYSE Arca Options of at least 110,000 contracts.\10\
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    \9\ U.S. CADV means United States Consolidated Average Daily
Volume for transactions reported to the Consolidated Tape and
excludes volume on days when the market closes early.
    \10\ An affiliate of an ETP Holder would be a person or firm
that directly, or indirectly through one or more intermediaries,
controls or is controlled by, or is under common control with, the
ETP Holder. See NYSE Arca Rule 1.1(b). As provided under NYSE Arca
Options Rule 6.72, options on certain issues have been approved to
trade with a minimum price variation of $0.01 as part of a pilot
program that is currently scheduled to expire on June 30, 2012.
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    Related to the introduction of the proposed Cross-Asset Tier credit
of $0.0030, the Exchange proposes to specify in the Fee Schedule that
Investor Tier 3 ETP Holders would become eligible to qualify for the
Tape A, Tape B and Tape C Step Up Tiers. Currently, Investor Tier 1-3
ETP Holders are ineligible to qualify for the reduced fees provided
under the Tape A, Tape B and Tape C Step Up Tiers. However, Investor
Tier 3 ETP Holders are currently eligible for the same $0.0030 credit
for their orders that provide liquidity on the Exchange as is proposed
for the Cross-Asset Tier credit. Accordingly, this proposed change
would align the fees that are applicable to ETP Holders that qualify
for the Cross-Asset Tier and ETP Holders that qualify for Investor Tier
3.\11\
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    \11\ As is the case today, Investor Tier 1 and Investor Tier 2
ETP Holders would remain ineligible to qualify for the Tape A, Tape
B or Tape C Step Up Tiers.
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NYSE Amex Name Change
    NYSE Amex LLC (``NYSE Amex'') recently changed the name of its
equities market to NYSE MKT LLC.\12\ Accordingly, the Exchange proposes
to update references in the Fee Schedule from ``NYSE Amex'' to ``NYSE
MKT.''
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    \12\ See Securities Exchange Act Release No. 67037 (May 21,
2012), 77 FR 31415 (May 25, 2012) (SR-NYSEAmex-2012-32).
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2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent
with Section 6(b) of the Securities Exchange Act of 1934 (the ``Act''),
in general, and furthers the objectives of Section 6(b)(4) of the Act,
in particular, because it provides for the equitable allocation of
reasonable dues, fees, and other charges among its members, issuers and
other persons using its facilities and does not unfairly discriminate
between customers, issuers, brokers or dealers.
    The Exchange believes that the proposed rule change is reasonable,
equitable and not unfairly discriminatory because the credits for
Passive Liquidity Orders in Exchange-listed and other Tape B securities
that provide liquidity to the Exchange are designed to incentivize ETP
Holders to submit orders in such securities that provide liquidity on
the Exchange and could therefore increase the quality of the Exchange's
market in these securities. The Exchange also believes that the
proposed rule change is reasonable, equitable and not unfairly
discriminatory because the fees and credits for Passive Liquidity
Orders in Exchange-listed and other Tape B securities that provide
liquidity on the Exchange would apply to all ETP Holders that choose to
submit this order type.
    With respect to the LMM credit for Passive Liquidity Orders that
provide liquidity, the Exchange believes that the change is reasonable,
because it will provide the LMM with incentives to increase liquidity
in a security. Moreover, the Exchange believes that the LMM credit is
equitable and not unfairly discriminatory because LMMs have unique
quoting obligations including maintaining continuous two-sided quotes,
NBBO requirements, minimum displayed size requirements, minimum quoted
spread requirements and participation requirements for opening and
closing auctions. The undisplayed Passive Liquidity Orders add
liquidity to the Book and enhance the possibility of price improvement;
however, their undisplayed status does not contribute to the BBO. To
the contrary, the credit LMMs receive for displayed liquidity
executions is much larger, which is consistent with the added
transparency created through decreased quoted spreads and increased
quoted sizes of the BBO. In addition, the credit is reasonable,
equitable and not unfairly discriminatory because all similarly
situated LMMs would be subject to the same proposed fee structure.
    Additionally, the Exchange believes that the proposed rule change
is reasonable, equitable and not unfairly discriminatory because it
would result in a clearer and more explicit description of the fees and
credits that are applicable to Passive Liquidity Orders in Tape A, Tape
C, and non-Exchange-listed Tape B securities. The Exchange also
believes that the proposed rule change is reasonable, equitable and not
unfairly discriminatory because it would result in the removal of
obsolete text from the Fee Schedule related to the name change from
NYSE Amex to NYSE MKT.
    Also, the Exchange believes that the proposed rule change is
reasonable, equitable and not unfairly discriminatory because it would
result in an increase in the per share fee for PO and PO+ Orders routed
to NYSE that execute in the opening or closing auction, thereby
aligning the rate that the Exchange charges to ETP Holders with the
rate that the Exchange is charged by NYSE. In this regard, the Exchange
notes that a related fee on NYSE was recently increased for NYSE Market
At-The-Close (``MOC'') Orders and Limit At-The-Close (``LOC'')
Orders.\13\ Accordingly, the Exchange is proposing this increase so
that the rate it charges to ETP Holders corresponds to the rate that
the Exchange is charged by NYSE.\14\
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    \13\ See Securities Exchange Act Release No. 66600 (March 14,
2012), 77 FR 16298 (March 20, 2012) (SR-NYSE-2012-07).
    \14\ The Exchange notes that it does not differentiate between
the rate it charges to ETP Holders for PO and PO+ Orders routed to
NYSE that execute in the opening auction and those that execute in
the closing auction.
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    Additionally, the Exchange believes that the proposed rule change
is reasonable, equitable and not unfairly discriminatory because the
proposed Cross-Asset Tier would directly relate to the activity of an
ETP Holder and the activity of an affiliated OTP Holder or OTP Firm on
NYSE Arca Options, thereby encouraging increased trading activity on
both the NYSE Arca equity and option markets. In this regard, the
proposal is designed to bring additional posted order flow to NYSE Arca
Options, so as to provide additional opportunities for all OTP Holders
and OTP Firms to trade on NYSE Arca Options. Furthermore, the Exchange

notes that, similar to the proposed Cross-Asset Tier, the NYSE Arca
Options Fee Schedule includes a credit for OTP Holders and OTP Firms
that is based on both equity and option volume. Similarly, the NASDAQ
Stock Market LLC (``NASDAQ'') charges certain fees based on both equity
and option volume.\15\ Additionally, specifying that Investor Tier 3
ETP Holders would become eligible to qualify for the Tape A, Tape B and
Tape C Step Up Tiers would align the fees that are applicable to ETP
Holders that qualify for the Cross-Asset Tier and ETP Holders that
qualify for Investor Tier 3.\16\
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    \15\ See NASDAQ Rule 7018. See also Securities Exchange Act
Release Nos. 59879 (May 6, 2009), 74 FR 22619 (May 13, 2009) (SR-
NASDAQ-2009-041) and 65317 (September 12, 2011), 76 FR 57778
(September 16, 2011) (SR-NASDAQ-2011-127).
    \16\ As noted above, and as is the case today, Investor Tier 1
and Investor Tier 2 ETP Holders would remain ineligible to qualify
for the Tape A, Tape B or Tape C Step Up Tiers.
---------------------------------------------------------------------------

    Finally, the Exchange notes that it operates in a highly
competitive market in which market participants can readily favor
competing venues. In such an environment, the Exchange must continually
review, and consider adjusting, its fees and credits to remain
competitive with other exchanges. For the reasons described above, the
Exchange believes that the proposed rule change reflects this
competitive environment.

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

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

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

    No written comments were solicited or received with respect to the
proposed rule change.

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

    The foregoing rule change is effective upon filing pursuant to
Section 19(b)(3)(A) \17\ of the Act and subparagraph (f)(2) of Rule
19b-4 \18\ thereunder, because it establishes a due, fee, or other
charge imposed by the NYSE Arca.
---------------------------------------------------------------------------

    \17\ 15 U.S.C. 78s(b)(3)(A).
    \18\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of such 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-NYSEArca-2012-56 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-NYSEArca-2012-56. 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 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-NYSEArca-2012-56 and should
be submitted on or before July 6, 2012.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\19\
---------------------------------------------------------------------------

    \19\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-14622 Filed 6-14-12; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register: July 8, 2010 (Volume 75, Number 130)]
[Notices]
[Page 39246-39247]
[DOCID:fr08jy10-79]

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ENVIRONMENTAL PROTECTION AGENCY

[EPA-HQ-OAR-2009-0548; FRL-9173-3]

Agency Information Collection Activities; Submission to OMB for
Review and Approval; Comment Request; Exhaust Emissions of Light-Duty
Vehicles in Metropolitan Detroit; EPA ICR No. 2363.01, OMB Control No.
2060-NEW

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) (44
U.S.C. 3501 et seq.), this document announces that an Information
Collection Request (ICR) has been forwarded to the Office of Management
and Budget (OMB) for review and approval. This is a request for a new
collection. The ICR, which is abstracted below, describes the nature of
the information collection and its estimated burden and cost.

DATES: Additional comments may be submitted on or before August 9,
2010.

ADDRESSES: Submit your comments, referencing Docket ID No. EPA-HQ-OAR-
2009-0548, to (1) EPA online using http://www.regulations.gov (our
preferred method), by e-mail to<EMAIL_ADDRESS>or by mail to:
EPA Docket Center, Environmental Protection Agency, (EPA/DC), Air and
Radiation Docket and Information Center, Mail code 28221T, 1200
Pennsylvania Avenue, NW., Washington, DC 20460, and (2) OMB by mail to:
Office of Information and Regulatory Affairs, Office of Management and
Budget (OMB), Attention: Desk Officer for EPA, 725 17th Street, NW.,
Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Constance Hart, Assessment and
Standards Division, Office of Transportation and Air Quality,
Environmental Protection Agency, AAAQMC, 2000 Traverwood Drive, Ann
Arbor, MI 48105; telephone number:<PHONE_NUMBER>; fax number: (734)
214-4939; e-mail address<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION: EPA has submitted the following ICR to OMB
for review and approval according to the procedures prescribed in 5 CFR
1320.12. On December 10, 2009 (74 FR 65532), EPA sought comments on
this ICR pursuant to 5 CFR 1320.8(d). EPA received no comments. Any
additional comments on this ICR should be submitted to EPA and OMB
within 30 days of this notice.
    EPA has established a public docket for this ICR under Docket ID
No. EPA-HQ-OAR-2009-0548, which is available for online viewing at
http://www.regulations.gov, or in person viewing at the Air and
Radiation Docket in the EPA Docket Center (EPA/DC), EPA West, Room
3334, 1301 Constitution Ave., NW., Washington, DC. The EPA/DC 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 Reading
Room is<PHONE_NUMBER>, and the telephone number for the Air and
Radiation Docket is<PHONE_NUMBER>.
    Use EPA's electronic docket and comment system at http://
www.regulations.gov to submit or view public comments, access the index
listing of the contents of the docket, and to access those documents in
the docket that are available electronically. Once in the system,
select ``docket search,'' then key in the docket ID number identified
above. Please note that EPA's policy is that public comments, whether
submitted electronically or in paper, will be made available for public
viewing at http://www.regulations.gov as EPA receives them and without
change, unless the comment contains copyrighted material, confidential
business information (CBI), or other information whose public
disclosure is restricted by statute. For further information about the
electronic docket, go to http://www.regulations.gov.
    Title: Exhaust Emissions of Light-duty Vehicles in Metropolitan
Detroit.
    ICR Numbers: EPA ICR No. 2363.01, OMB Control No. 2060-NEW.
    ICR Status: This ICR is for a new information collection activity.
An Agency may not conduct or sponsor, and a person is not required to
respond to, a collection of information, unless it displays a currently
valid OMB control number. The OMB control numbers for EPA's regulations
in title 40 of the CFR, after appearing in the Federal Register when
approved, are listed in 40 CFR part 9 and are displayed either by
publication in the Federal Register or by other appropriate means, such
as on the related collection instrument or form, if applicable. The
display of OMB control numbers in certain EPA regulations is
consolidated in 40 CFR part 9.
    Abstract: The EPA is initiating a systematic data collection
designed to improve the methods and tools used by the Agency to
estimate exhaust emissions as vehicles age. Data to be collected
include vehicle type, vehicle characteristics, measurements of tailpipe
exhaust emissions and measurements of typical driving behavior.
    The collection is a survey, to be conducted by the Office of
Transportation and Air Quality (OTAQ) in the Office of Air and
Radiation (OAR). This study will be designed to develop and test novel
screening, sampling and measurement procedures. These approaches
promise to substantially reduce the cost of exhaust emissions
measurement as well as to improve the accuracy of resulting estimates.
    An innovative feature of this project will be the use of roadside
remote-sensing measurements to construct a pool of vehicles from which
vehicles can be sampled for purposes of recruitment and measurement
using portable emissions measurement systems (PEMS) and portable
activity measurement systems (PAMS). The acquisition of remote-sensing
measurements for hydrocarbons, carbon-monoxide, and oxides of nitrogen
will provide an index of emissions for all vehicles prior to sampling
and recruitment for more intensive measurement. The index is expected
to facilitate recruitment of vehicles with an emphasis on rare high-
emitting vehicles, and provide a means to appropriately relate measured
vehicles to the overall fleet. Research questions for the project
include: (1) Can remote-sensing be used as a reliable index of
emissions across the range of emissions; (2) is it feasible to measure
start emissions using portable instruments; (3) can the emissions index
used for recruitment also serve as a means to estimate potential non-
response bias; and (4) how do numbers of vehicle starts differ between
the work week and the weekend.
    We plan to collect remote-sensing measurements on approximately
30,000 vehicles, and from this pool, to recruit approximately 250
vehicles for measurement. Tailpipe emissions will be measured over two
days under various driving conditions, and vehicle activity under
typical conditions over a

period of three months. Participation in the program will be voluntary.
The target population for the project will include light-duty cars and
trucks certified to Tier 2 (Bin 5) or equivalent LEV-II standards
(LEV).
    Burden Statement: The annual public reporting and recordkeeping
burden for this collection of information is estimated to average 1.5
hours per response. Burden means the total time, effort, or financial
resources expended by persons to generate, maintain, retain, or
disclose or provide information to or for a Federal agency. This
includes the time needed to review instructions; develop, acquire,
install, and utilize technology and systems for the purposes of
collecting, validating, and verifying information, processing and
maintaining information, and disclosing and providing information;
adjust the existing ways to comply with any previously applicable
instructions and requirements which have subsequently changed; train
personnel to be able to respond to a collection of information; search
data sources; complete and review the collection of information; and
transmit or otherwise disclose the information.
    Respondents/Affected Entities: Private owners of light-duty cars
and trucks.
    Estimated Number of Respondents: 850.
    Frequency of Response: One-Time Event.
    Estimated Total Annual Hour Burden: 1,213.
    Estimated Total Annual Cost: $33,247 in labor costs. There are no
capital or O&M costs.
    Changes in the Estimates: As this is a new collection, there is no
change in the total estimated burden currently identified in the OMB
Inventory of Approved ICR Burdens.

    Dated: July 1, 2010.
John Moses,
Director, Collection Strategies Division.
[FR Doc. 2010-16692 Filed 7-7-10; 8:45 am]
BILLING CODE 6560-50-P


[Federal Register Volume 79, Number 236 (Tuesday, December 9, 2014)]
[Notices]
[Pages 73065-73066]
[FR Doc No: 2014-28760]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 14646-000]

Yedatene Na, LLC; Notice of Preliminary Permit Application
Accepted for Filing and Soliciting Comments, Motions To Intervene, and
Competing Applications

    On November 6, 2014, Yedatene Na, 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 Jack River Dam Hydroelectric
Project (Jack River Project or project) to be located on the Jack
River, near Cantwell in Matanuska-Susitna Borough, Alaska. 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 project
reservoir utilizes 286 acres of land owned by the Bureau of Land
Management.
    The proposed project would consist of the following: (1) A 750-
foot-long, 250-foot-high dam on the Jack River with a 250-foot-high
spillway built into the crest of the dam; (2) an 865-acre reservoir
with a storage capacity of 50,700-acre-feet; (3) two 300-foot-long, 4-
foot-diameter steel penstocks; (4) a 75-foot long, 125-foot-wide
powerhouse with two Francis turbine units rated for 2.1 megawatts (MW)
each or 4.2 MW total at 250 feet of net head; (5) a 20-foot-wide, 20-
foot-deep, 25-foot-long concrete tailrace emptying into the Jack River;
(6) an 8,000-foot-long, 15-kilovolt transmission line tying into the
existing substation northwest of the project; and (7) appurtenant
facilities.
    The estimated annual generation of the Jack River Project would be
23.4 gigawatt-hours.
    Applicant Contact: Mr. Brent L. Smith, Manager, Northwest Power
Services, Inc., P.O. Box 872316, Wasilla, AK 99687; phone: (907) 414-
8223.
    FERC Contact: Julia Kolberg; 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.
    The Commission strongly encourages electronic filing. Please file
comments, motions to intervene, notices of intent, and competing
applications using the Commission's eFiling system at 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>(866) 208-3676 (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-14646-000.
    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-14646) in the docket number field to access
the document. For assistance, contact FERC Online Support.

    Dated: December 2, 2014.
 Kimberly D. Bose,
 Secretary.
[FR Doc. 2014-28760 Filed 12-8-14; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 88, Number 143 (Thursday, July 27, 2023)]
[Notices]
[Pages 48485-48486]
[FR Doc No: 2023-15878]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2023-0002]

Final Flood Hazard Determinations

AGENCY: Federal Emergency Management Agency, Department of Homeland
Security.

ACTION: Notice.

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

SUMMARY: Flood hazard determinations, which may include additions or
modifications of Base Flood Elevations (BFEs), base flood depths,
Special Flood Hazard Area (SFHA) boundaries or zone designations, or
regulatory floodways on the Flood Insurance Rate Maps (FIRMs) and where
applicable, in the supporting Flood Insurance Study (FIS) reports have
been made final for the communities listed in the table below. The FIRM
and FIS report are the basis of the floodplain management measures that
a community is required either to adopt or to show evidence of having
in effect in order to qualify or remain qualified for participation in
the Federal Emergency Management Agency's (FEMA's) National Flood
Insurance Program (NFIP).

DATES: The date of December 21, 2023 has been established for the FIRM
and, where applicable, the supporting FIS report showing the new or
modified flood hazard information for each community.

ADDRESSES: The FIRM, and if applicable, the FIS report containing the
final flood hazard information for each community is available for
inspection at the respective Community Map Repository address listed in
the tables below and will be available online through the FEMA Map
Service Center at https://msc.fema.gov by the date indicated above.

FOR FURTHER INFORMATION CONTACT: Rick Sacbibit, Chief, Engineering
Services Branch, Federal Insurance and Mitigation Administration, FEMA,
400 C Street SW, Washington, DC 20472,<PHONE_NUMBER>, or (email)
[email protected]; or visit the FEMA Mapping and Insurance
eXchange (FMIX) online at https://www.floodmaps.fema.gov/fhm/fmx_main.html.

SUPPLEMENTARY INFORMATION: The Federal Emergency Management Agency
(FEMA) makes the final determinations listed below for the new or
modified flood hazard information for each community listed.
Notification of these changes has been published in newspapers of local
circulation and 90 days have elapsed since that publication. The Deputy
Associate Administrator for Insurance and Mitigation has resolved any
appeals resulting from this notification.
    This final notice is issued in accordance with section 110 of the
Flood Disaster Protection Act of 1973, 42 U.S.C. 4104, and 44 CFR part
67. FEMA has developed criteria for floodplain management in floodprone
areas in accordance with 44 CFR part 60.
    Interested lessees and owners of real property are encouraged to
review the new or revised FIRM and FIS report available at the address
cited below for each community or online through the FEMA Map Service
Center at https://msc.fema.gov.
    The flood hazard determinations are made final in the watersheds
and/or communities listed in the table below.

(Catalog of Federal Domestic Assistance No. 97.022, ``Flood
Insurance.'')

Nicholas A. Shufro,
Deputy Assistant Administrator for Risk Management, Federal Emergency
Management Agency, Department of Homeland Security.

------------------------------------------------------------------------
                                             Community map repository
               Community                             address
------------------------------------------------------------------------
              Lincoln County, Kansas and Incorporated Areas
                         Docket No.: FEMA-B-2282
------------------------------------------------------------------------
City of Barnard........................  City Office, 313 Main Street,
                                          Barnard, KS 67418.
City of Beverly........................  City Office, 203 North Main
                                          Street, Beverly, KS 67423.
City of Lincoln Center.................  City Hall, 153 West Lincoln
                                          Avenue, Lincoln Center, KS
                                          67455.
City of Sylvan Grove...................  City Hall, 118 South Main
                                          Street, Sylvan Grove, KS
                                          67481.
Unincorporated Areas of Lincoln County.  Lincoln County Courthouse, 216
                                          East Lincoln Avenue, Lincoln
                                          Center, KS 67455.
------------------------------------------------------------------------
              Ottawa County, Kansas and Incorporated Areas
                         Docket No.: FEMA-B-2285
------------------------------------------------------------------------
City of Bennington.....................  City Office, 121 North Nelson
                                          Street, Bennington, KS 67422.
City of Culver.........................  City Hall, 205 Kansas Avenue,
                                          Culver, KS 67484.

City of Delphos........................  City Office, 112 North Main
                                          Street, Delphos, KS 67436.
City of Minneapolis....................  City Hall, 311 North Mill
                                          Street, Minneapolis, KS 67467.
City of Tescott........................  City Office, 101 North Main
                                          Street, Tescott, KS 67484.
Unincorporated Areas of Ottawa County..  Ottawa County Courthouse, 307
                                          North Concord Street, Suite
                                          106, Minneapolis, KS 67467.
------------------------------------------------------------------------
              Delaware County, Ohio and Incorporated Areas
                         Docket No.: FEMA-B-2249
------------------------------------------------------------------------
City of Delaware.......................  City Hall, 1 South Sandusky
                                          Street, Delaware, OH 43015.
City of Powell.........................  City Office, 47 Hall Street,
                                          Powell, OH 43065.
Unincorporated Areas of Delaware County  Delaware County Building
                                          Regulations, 50 Channing
                                          Street, South Wing, Delaware,
                                          OH 43015.
Village of Ostrander...................  Village Offices, 19 South Main
                                          Street, Ostrander, OH 43061.
------------------------------------------------------------------------
                Marion County, Ohio and Incorporated Area
                         Docket No.: FEMA-B-2256
------------------------------------------------------------------------
Unincorporated Areas of Marion County..  Marion County Building, 222
                                          West Center Street, Marion, OH
                                          43302.
Village of Caledonia...................  Village of Caledonia Town Hall,
                                          110 East Marion Street,
                                          Caledonia, OH 43314.
------------------------------------------------------------------------
          Marshall County, South Dakota and Incorporated Areas
                         Docket No.: FEMA-B-2264
------------------------------------------------------------------------
City of Veblen.........................  Veblen Municipal Building, 115
                                          North Flick Street, Veblen, SD
                                          57270.
Sisseton Wahpeton Oyate Tribe..........  Sisseton Wahpeton Oyate
                                          Emergency Management Office,
                                          12554 BIA Highway 711, Agency
                                          Village, SD 57262.
Town of Langford.......................  City Finance Office, 306 Main
                                          Street, Langford, SD 57454.
Unincorporated Areas of Marshall County  Marshall County Courthouse, 911
                                          Vander Horck Street, Britton,
                                          SD 57430.
------------------------------------------------------------------------

[FR Doc. 2023-15878 Filed 7-26-23; 8:45 am]
BILLING CODE 9110-12-P


[Federal Register Volume 78, Number 209 (Tuesday, October 29, 2013)]
[Notices]
[Pages 64559-64563]
[FR Doc No: 2013-25444]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-70745; File No. SR-Phlx-2013-104]

Self-Regulatory Organizations; NASDAQ OMX PHLX LLC; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change to Implement
Transition to Friday Expiration for Most Options Contracts

October 23, 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 October 11, 2013, NASDAQ OMX PHLX LLC (``Phlx'' or ``Exchange'')
filed with the Securities and Exchange Commission (``Commission'') the
proposed rule change as described in Items I, II, and III below, which
Items have been prepared by the Exchange. The Commission is publishing
this notice to solicit comments on the proposed rule change from
interested persons.
---------------------------------------------------------------------------

    \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 proposes to amend certain procedural rules to
implement the change in the expiration date for most option contracts
to the third Friday of the expiration month instead of the Saturday
following the third Friday. The text of the proposed rule change is
available on the Exchange's Web site at http://nasdaqomxphlx.cchwallstreet.com/nasdaqomxphlx/phlx, 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 Exchange has prepared summaries, set forth in
Sections A, B, and C below, of the most significant aspects of such
statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

1. Purpose
    On August 21, 2013, the Exchange filed to change the expiration
date for most option contracts to the third Friday of the expiration
month instead of the Saturday following the third Friday.\3\ This
proposed rule change is intended to clarify certain rule changes that
were made in the Expiration Date Filing and to amend additional
procedural and other rules intended to implement the change in
expiration date for most option contracts to the third Friday of the
expiration month instead of the Saturday following the third Friday.
---------------------------------------------------------------------------

    \3\ See Securities Exchange Act Release No. 70258 (August 26,
2013), 78 FR 54340 (August 30, 2013) (SR-Phlx-2013-89) (``Expiration
Date Filing''). Certain changes proposed in the Expiration Date
Filing became effective on filing and become operative on September
20, 2013. The Exchange filed a proposal to adopt a temporary rule to
implement the amended definition of ``expiration date'' in Rule
1000(b)(21) as of September 16, 2013. See Securities Exchange Act
Release No. 70451 (September 19, 2013), 78 FR 59076 (September 25,
2013) (SR-Phlx-2013-95) (``Temporary Rule Filing'').
---------------------------------------------------------------------------

    The Exchange has adopted rules to change the expiration date for
most option contracts to the third Friday of the expiration month
instead of the Saturday following the third Friday.\4\ The changes to
the expiration date apply to all standard expiration contracts
including those in which the rules are silent on the expiration date.
Option contracts having non-standard expiration dates (``non-standard
expiration contracts'') were unaffected by the proposed rule changes,
except that FLEX options having expiration dates later than February 1,
2015 cannot expire on a Saturday unless they are specified by The
Options Clearing Corporation (``OCC'') as grandfathered.\5\
---------------------------------------------------------------------------

    \4\ See Rule 1000(b)(21) (definition of ``expiration date'').
    \5\ Examples of options with non-standard expiration contracts
include: FLEX options (Rule 1079), Quarterly Equity and Exchange-
Traded Fund Shares (``ETFs'') Option Series (Rule 1012, Commentary
.08), Quarterly Expiring Index Options Series (Rule 1101A(b)(iv)),
Quarterly Options Index Series Program (Rule 1101A(b)(v)), Short
Term Option Series (Rule 1012, Commentary .11) and Short Term Option
Index Series (Rule 1101A(b)(vi)).
---------------------------------------------------------------------------

    The Exchange is making the proposed rule changes to further
harmonize its rules in connection with a recently approved rule filing
made by OCC which made substantially similar changes.\6\ The Exchange
believes that the industry must remain consistent in expiration dates,
and, thus, is proposing to update its rules to remain consistent with
those of OCC. In addition, the Exchange understands that other
exchanges have and will be filing similar rules to effect this
industry-wide initiative.\7\
---------------------------------------------------------------------------

    \6\ See Securities Exchange Act Release No. 34-69772 (June 17,
2013), 78 FR 37645 (June 21, 2013) (order approving SR-OCC-2013-
004).
    \7\ See Securities Exchange Act Release Nos. 70091 (August 1,
2013), 78 FR 48212 (August 7, 2013) (SR-CBOE-2013-073); 69996 (July
17, 2013), 78 FR 44183 (July 23, 2013) (SR-MIAX-2013-32); 70373
(September 11, 2013), 78 FR 57198 (September 17, 2013) (SR-NYSEMKT-
2013-73); 70372 (September 11, 2013), 78 FR 57186 (September 17,
2013) (SR-NYSEARCA-2013-88); and 70488 (September 24, 2013), 78 FR
59998 (September 30, 2013) (SR-BOX-2013-45).
---------------------------------------------------------------------------

    In order to provide a smooth transition to the Friday expiration,
OCC has begun to move the expiration exercise procedures to Friday for
all standard expiration contracts even though the contracts would
continue to expire on Saturday.\8\ After February 1, 2015, virtually
all standard expiration contracts will actually expire on Friday. The
only standard expiration contracts that will expire on a Saturday after
February 1, 2015 are certain options that were listed prior to the
effectiveness of the OCC rule change, and a limited number of options
that may be listed prior to necessary systems changes of the options
exchanges. Phlx, along with the other option exchanges, has agreed not
to list any additional options with Saturday expiration dates falling
after February 1, 2015. The Exchange understands that the other
exchanges are committed to the same listing schedule.\9\
---------------------------------------------------------------------------

    \8\ See note 6 supra.
    \9\ See note 7 supra.
---------------------------------------------------------------------------

    Certain option contracts have already been listed with Saturday
expiration dates as distant as January 2016 (which is the furthest out
expiration as of the date of this filing). For these contracts,
transitioning to a Friday expiration for newly listed option contracts
expiring after February 1, 2015 would create a situation under which
certain options with open interest would expire on a Saturday while
other options with open interest would expire on a Friday in the same
expiration month.
    Clearing members have expressed a clear preference to not have a
mix of options with open interest that expire on different days in a
single month.\10\ Accordingly, OCC represented in its recently approved
filing that it will not issue and clear any new option contracts with a
Friday expiration if existing option contracts of the same options
class expire on the Saturday following the third Friday of the same
month. However, Friday expiration processing will be in effect for
these Saturday expiration contracts. As with standard expiration
options during the transition period, exercise requests received after
Friday expiration processing is complete but before the Saturday
contract expiration time will continue to be processed without fines or
penalties.
---------------------------------------------------------------------------

    \10\ Id.
---------------------------------------------------------------------------

    Since the rule changes implementing the change in expiration date
apply only to new series of standard expiration contracts opened for
trading consistent with the OCC rules and having expiration dates later
than February 1, 2015, the Exchange is proposing to amend certain rules
relating to the procedures of the Exchange. The proposed changes take
into account that, during a transition period, there will be options
with open interest

having both Friday and Saturday expiration dates.
    More specifically, the Exchange seeks to amend Rule 1006 with
respect to certain timing for restrictions on the exercise of American
style option. Specifically, the Exchange proposes to specify that the
10 business day period referenced in Rule 1006 includes the expiration
date for an option contract that expires on a business day. In
addition, the proposal would amend Rule 1006A to provide that
restrictions may be in effect for index options until the open of
business on the business day of expiration, or, in the case of an
option contract expiring on a day that is not a business day, the
business day prior to the expiration date.
    The Exchange also proposes to amend Rule 1012, Series of Options
Open for Trading, to differentiate between Friday and Saturday
expirations. Specifically, the Exchange proposes to amend Rule
1012(a)(i)(B) to specify that additional series of individual stock
options may be added in unusual market conditions until the close of
trading on the business day prior to expiration in the case of an
option contract expiring on a business day (i.e., Thursday for a Friday
expiration), or, in the case of an option contract expiring on a day
that is not a business day, and as is currently the case for Saturday
expirations, until the close of trading on the second business day
prior to expiration (i.e., until the close of trading on Thursday for
Saturday expirations). The Exchange also seeks to modify Rule 1012(b)
to specify that, on a business day of expiration, or, in the case of an
option contract expiring on a non-business day, on the business day
prior to the expiration date of a series of options, a closing rotation
shall commence at 4:00 p.m. in the case of options on stocks or 4:15
p.m. in the case of options on designated Exchange-Traded Fund Shares.
    The Exchange's proposal includes several proposed changes to Rules
1042 and 1042A in order to differentiate between the exercise
procedures for Friday and Saturday expirations. First, the Exchange
proposes to specify in Rule 1042(b) that special procedures apply to
the exercise of equity options on the business day of their expiration
(i.e., for Friday expirations), or, in the case of an option contract
expiring on a day that is not a business day, and as is currently the
case for Saturday expirations, on the last business day before their
expiration. Second, the Exchange proposes to specify in Rule 1042(c)
that, regarding exercise cut-off times, option holders have until 5:30
p.m. EST on the business day of their expiration (i.e., for Friday
expirations), or, in the case of an option contract expiring on a day
that is not a business day, and as is currently the case for Saturday
expirations, on the business day immediately prior to the expiration
date. Third, the Exchange proposes to specify in Rule 1042(h) that the
advance notice described therein is applicable if provided by the
Exchange on or before 5:30 p.m. EST on the business day (i.e., on
Thursday) immediately prior to the business day of expiration (i.e.,
for Friday expirations), or, in the case of an option contract expiring
on a day that is not a business day, and as is currently the case for
Saturday expirations, the business day immediately prior to the last
business day before the expiration date (i.e., Thursday for Saturday
expirations). Fourth, the Exchange proposes to amend Rule 1042,
Commentary .03 to specify that the reference therein to ``unusual
circumstances'' includes, but is not limited to, a significant news
announcement concerning the underlying security of an option contract
that is scheduled to be released just after the close on the business
day the option contract expires (i.e., for Friday expirations), or, in
the case of an option contract expiring on a day that is not a business
day, and as is currently the case for Saturday expirations, the
business day immediately prior to expiration. In addition, the Exchange
proposes to amend Rule 1042A(b) to make clear when certain procedures
do not apply with respect to the exercise of any stock index option
series on the business day of expiration, or in the case of an option
expiring on a day that is not a business day, the business day prior to
the expiration date.
    The Exchange also seeks to modify Rule 1047(c) to specify that an
Options Exchange Official has the authority to conduct a closing
rotation on a business day of expiration, or, in the case of an option
contract expiring on a non-business day, on the trading day prior to
expiration where the underlying stock or Exchange-Traded Fund Share did
not open or was halted, whenever such action is deemed necessary in the
interests of maintaining a fair and orderly market and to protect
investors. Rule 1047, Commentary .01(c) also would be modified to
clarify certain procedures relating to closing rotations that may
commence on a business day of expiration, or, in the case of an option
contract expiring on a non-business day, on the last trading day prior
to expiration with respect to expiring stock option contracts, expiring
stock option contracts or options on Exchange-Traded Fund Shares.
    Additionally, the Exchange proposes to amend Rule 1092 to add
greater specificity regarding the timing surrounding notifications to
the Exchange of a Catastrophic Error. Specifically, the Exchange
proposes to specify that, for such transactions in an expiring options
series that take place on an expiration day that is a business day
(i.e., for Friday expirations), a party must notify the Exchange by
5:00 p.m. ET that same day. For such transactions in an options series
that take place on the business day immediately prior to an expiration
day that is not a business day (i.e., for Saturday expirations), an
Exchange member must notify the Exchange's Regulatory staff by 5:00
p.m. ET on such business day (i.e., on Friday).
    Additionally, it is proposed that Rule 1101A(b)(i) would be amended
to specify that due to unusual market conditions new series of index
option contracts may be added up to, but not on or after, the fourth
business day prior to expiration for an option contract expiring on a
business day (i.e., up to, but not on or after, the opening of trading
on Monday morning for Friday expirations), or, in the case of an option
contract expiring on a day that is not a business day, and as is
currently the case for Saturday expirations, the fifth business day
prior to expiration. Similarly, Rule 1002C is proposed to be modified
to specify that due to unusual market conditions new series of PHLX
FOREX Options may be added consistent with the timing described above
for new series of index option contracts. The Exchange also proposes to
modify Rule 1101A(c) and Rule 1101A, Commentary .01 to specify the
applicable hours for trading for index options series and options on
the Full Value MSCI EAFE Index on an expiration date that is a business
day or the business day prior to expiration when the expiration date is
a non-business day.
    The Exchange also seeks to clarify rules governing the closing
settlement value of certain option contracts. Rule 1057, as proposed to
be amended, would provide that the closing settlement value for U.S.
dollar-settled foreign currency options on the currencies listed
therein, shall be the Exchange Spot Price at 12:00:00 Eastern Time
(noon) on the expiration date, if that expiration date is a business
day, or on the business day prior to expiration, when the expiration
date is a non-business day, unless the Exchange determines to apply an
alternative closing settlement value as a result of

extraordinary circumstances. The proposal would amend Rule 1009A(f)(1)
to provide that the exercise settlement value for Alpha Index options
will be based upon the opening prices of the individual stock or ETF
from the primary listing market on the business day of expiration, or,
in the case of an option contract expiring on a day that is not a
business day, the business day prior to the expiration date. Under
proposed Rule 1006C, the closing settlement value for PHLX FOREX
Options and for the FLEX PHLX FOREX Options on the currencies listed in
the rule shall be the spot market price at 12:00:00 Eastern Time (noon)
on an expiration date that is a business day or on the business day
prior to expiration, when the expiration date is a non-business day,
unless the Exchange determines to apply an alternative closing
settlement value as a result of extraordinary circumstances.
    As stated above, the Exchange believes the proposed change will
keep the Exchange consistent with the processing at OCC and will enable
the Exchange to give effect to the industry-wide initiative. In
addition, the Exchange understands that other exchanges have filed
similar rules to differentiate between Friday and Saturday expiration
dates for standard options on listed classes.\11\
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    \11\ See note 7 supra.
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2. Statutory Basis
    The Exchange believes the proposed rule change is consistent with
the Securities Exchange Act of 1934 (the ``Act'') and the rules and
regulations thereunder applicable to the Exchange and, in particular,
the requirements of Section 6(b) of the Act.\12\ Specifically, the
Exchange believes the proposed rule change is consistent with the
Section 6(b)(5) \13\ requirements that the rules of an exchange be
designed to prevent fraudulent and manipulative acts and practices, to
promote just and equitable principles of trade, to foster cooperation
and coordination with persons engaged in regulating, clearing,
settling, processing information with respect to, and facilitating
transactions in securities, to remove impediments to and perfect the
mechanism of a free and open market and a national market system, and,
in general, to protect investors and the public interest. Additionally,
the Exchange believes the proposed rule change is consistent with the
Section 6(b)(5) \14\ requirement that the rules of an exchange not be
designed to permit unfair discrimination between customers, issuers,
brokers, or dealers.
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    \12\ 15 U.S.C. 78f(b).
    \13\ 15 U.S.C. 78f(b)(5).
    \14\ Id.
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    The Exchange believes that implementing the change to Friday
expiration processing and eventually transitioning to Friday expiration
for all monthly expiration contracts would foster cooperation and
coordination with persons engaged in facilitating transactions in
securities. In particular, the Exchange believes that keeping its rules
consistent with those of the industry will protect all participants in
the market by eliminating confusion and would facilitate the long-term
goal of OCC and its clearing members to move the expiration process for
all monthly expiration contracts from Saturday to Friday night. The
proposed changes thus allow for a more orderly market by allowing all
options markets, including the clearing agencies, to have the same
expiration date for standard options and to have clarity around the
procedures that apply during the transition period when both Friday and
Saturday expirations will exist for standard options.
    In addition, the proposed changes will foster cooperation and
coordination with persons engaged in regulating clearing, settling,
processing information with respect to, and facilitating transactions
in securities by aligning a pivotal part of the options processing to
be consistent industry wide. If the industry were to differ, investors
would suffer from confusion and be more vulnerable to inadvertent
violations of different exchange rules. The proposed changes do not
permit unfair discrimination between any members because they are
applied to all members equally. In the alternative, the Exchange
believes that the proposed changes help all members by keeping the
Exchange consistent with OCC practices and those of other exchanges.

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

    Phlx does not believe that the proposed rule change will result in
any burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act, as amended. Specifically, the
Exchange does not believe the proposed rule change will impose a burden
on intramarket competition because it will be applied to all members
equally. In addition, the Exchange does not believe the proposed rule
change will impose any burden to intermarket competition because it
will be applied industry-wide, apply to all market participants and is
designed to allow OCC to streamline the expiration process for all
monthly expiration contracts and increase operational efficiencies for
OCC and its clearing members.
    The proposed rule change is structured to enhance competition
because the shift from an expiration date of the Saturday following the
third Friday to the third Friday is anticipated to be adopted industry-
wide and will apply to multiple listed classes. The proposed changes in
turn will allow Phlx to continue to compete with other exchanges making
similar rule changes. For the reasons above, the Exchange does not
believe that the proposed rule change would impose a burden on
competition.

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

    Written comments were neither solicited nor received. The Exchange
notes, however, that a favorable comment was submitted to the OCC
filing.

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

    Because the foregoing proposed rule change does not: (i)
Significantly affect the protection of investors or the public
interest; (ii) impose any significant burden on competition; and (iii)
become operative for 30 days after the date of the filing, or such
shorter time as the Commission may designate, it has become effective
pursuant to 19(b)(3)(A) of the Act \15\ and Rule 19b-4(f)(6) \16\
thereunder.
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    \15\ 15 U.S.C. 78s(b)(3)(A).
    \16\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)
requires a self-regulatory organization to give the Commission
written notice of its intent to file the proposed rule change at
least five business days prior to the date of filing of the proposed
rule change, or such shorter time as designated by the Commission.
The Exchange has satisfied this requirement.
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    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-Phlx-2013-104 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-Phlx-2013-104. 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 such filing also will be available
for inspection and copying at the principal office of the Exchange. All
comments received will be posted without change; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make publicly available. All
submissions should refer to File Number SR-Phlx-2013-104 and should be
submitted on or before November 19, 2013.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\17\
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    \17\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-25444 Filed 10-28-13; 8:45 am]
BILLING CODE 8011-01-P