[Federal Register Volume 88, Number 187 (Thursday, September 28, 2023)]
[Notices]
[Pages 66835-66837]
[FR Doc No: 2023-21261]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Cove Point LNG, LP; Notice of Application and Establishing
Intervention Deadline

    Take notice that on September 8, 2023, Cove Point LNG, LP (CPL),
2100 Cove Point Road, Lusby, Maryland 20657, filed an application under
sections 3 and 7(b) of the Natural Gas Act (NGA), and part 157 of the
Commission's regulations requesting authorization to: (1) abandon
certain liquefied natural gas (LNG) Terminaling and Processing
facilities previously certificated under NGA section 7; (2) abandon
services provided under CPL's Rate Schedule LTD-1 of its FERC Gas
Tariff and the cancellation of that Rate Schedule; (3) modify CPL's
FERC Gas

Tariff to fully reflect the elimination of Rate Schedule LTD-1; and (4)
convert such certificated facilities and operation under NGA section 3,
so that the entirety of CPL's LNG Terminaling and Processing facilities
and related operations are authorized solely under NGA section 3, all
as more fully set forth in the application which is on file with the
Commission and open for public inspection.
    In addition to publishing the full text of this document in the
Federal Register, the Commission provides all interested persons an
opportunity to view and/or print the contents of this document via the
internet through the Commission's Home Page (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. At this time,
the Commission has suspended access to the Commission's Public
Reference Room. For assistance, contact the Federal Energy Regulatory
Commission at [email protected] or call toll-free, (886) 208-
3676 or TTY<PHONE_NUMBER>.
    Any questions regarding the proposed project should be directed to
Matthew Bley, Director, Gas Transmission Certificates, 6603 West Broad
Street, Richmond, Virginia 23230 by phone at<PHONE_NUMBER>, or by
email at [email protected].
    Pursuant to section 157.9 of the Commission's Rules of Practice and
Procedure,\1\ within 90 days of this Notice the Commission staff will
either: complete its environmental review 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 environmental
assessment (EA) for this proposal. The filing of an 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.
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    \1\ 18 CFR (Code of Federal Regulations) 157.9.
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Public Participation

    There are three ways to become involved in the Commission's review
of this project: you can file comments on the project, you can protest
the filing, and you can file a motion to intervene in the proceeding.
There is no fee or cost for filing comments or intervening. The
deadline for filing a motion to intervene is 5:00 p.m. Eastern Time on
October 13, 2023. How to file protests, motions to intervene, and
comments is explained below.
    The Commission's Office of Public Participation (OPP) supports
meaningful public engagement and participation in Commission
proceedings. OPP can help members of the public, including landowners,
environmental justice communities, Tribal members and others, access
publicly available information and navigate Commission processes. For
public inquiries and assistance with making filings such as
interventions, comments, or requests for rehearing, the public is
encouraged to contact OPP at<PHONE_NUMBER> or [email protected].

Comments

    Any person wishing to comment on the project may do so. Comments
may include statements of support or objections, to the project as a
whole or specific aspects of the project. The more specific your
comments, the more useful they will be.

Protests

    Pursuant to sections 157.10(a)(4) \2\ and 385.211 \3\ of the
Commission's regulations under the NGA, any person \4\ may file a
protest to the application. Protests must comply with the requirements
specified in section 385.2001 \5\ of the Commission's regulations. A
protest may also serve as a motion to intervene so long as the
protestor states it also seeks to be an intervenor.
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    \2\ 18 CFR 157.10(a)(4).
    \3\ 18 CFR 385.211.
    \4\ Persons include individuals, organizations, businesses,
municipalities, and other entities. 18 CFR 385.102(d).
    \5\ 18 CFR 385.2001.
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    To ensure that your comments or protests are timely and properly
recorded, please submit your comments on or before October 13, 2023.
    There are three methods you can use to submit your comments or
protests to the Commission. In all instances, please reference the
Project docket number CP23-539-000 in your submission.
    (1) You may file your comments electronically by using the eComment
feature, which is located on the Commission's website at www.ferc.gov
under the link to Documents and Filings. Using eComment is an easy
method for interested persons to submit brief, text-only comments on a
project;
    (2) You may file your comments or protests electronically by using
the eFiling feature, which is located on the Commission's website
(www.ferc.gov) under the link to Documents and Filings. With eFiling,
you can provide comments in a variety of formats by attaching them as a
file with your submission. New eFiling users must first create an
account by clicking on ``eRegister.'' You will be asked to select the
type of filing you are making; first select ``General'' and then select
``Comment on a Filing''; or
    (3) You can file a paper copy of your comments or protests by
mailing them to the following address below. Your written comments must
reference the Project docket number (CP23-539-000).

To file via USPS: Kimberly D. Bose, Secretary, Federal Energy
Regulatory Commission, 888 First Street NE, Washington, DC 20426
To file via any other courier: Kimberly D. Bose, Secretary, Federal
Energy Regulatory Commission, 12225 Wilkins Avenue, Rockville, Maryland
20852

    The Commission encourages electronic filing of comments (options 1
and 2 above) and has eFiling staff available to assist you at (202)
502-8258 or [email protected].
    Persons who comment on the environmental review of this project
will be placed on the Commission's environmental mailing list, and will
receive notification when the environmental documents (EA or EIS) are
issued for this project and will be notified of meetings associated
with the Commission's environmental review process.
    The Commission considers all comments received about the project in
determining the appropriate action to be taken. However, the filing of
a comment alone will not serve to make the filer a party to the
proceeding. To become a party, you must intervene in the proceeding.
For instructions on how to intervene, see below.

Interventions

    Any person, which includes individuals, organizations, businesses,
municipalities, and other entities,\6\ has the option to file a motion
to intervene in this proceeding. Only intervenors have the right to
request rehearing of Commission orders issued in this proceeding and to
subsequently challenge the Commission's orders in the U.S. Circuit
Courts of Appeal.
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    \6\ 18 CFR 385.102(d).
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    To intervene, you must submit a motion to intervene to the
Commission

in accordance with Rule 214 of the Commission's Rules of Practice and
Procedure \7\ and the regulations under the NGA \8\ by the intervention
deadline for the project, which is October 13, 2023. As described
further in Rule 214, your motion to intervene must state, to the extent
known, your position regarding the proceeding, as well as your interest
in the proceeding. For an individual, this could include your status as
a landowner, ratepayer, resident of an impacted community, or
recreationist. You do not need to have property directly impacted by
the project in order to intervene. For more information about motions
to intervene, refer to the FERC website at https://www.ferc.gov/resources/guides/how-to/intervene.asp.
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    \7\ 18 CFR 385.214.
    \8\ 18 CFR 157.10.
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    There are two ways to submit your motion to intervene. In both
instances, please reference the Project docket number CP23-539-000 in
your submission.
    (1) You may file your motion to intervene by using the Commission's
eFiling feature, which is located on the Commission's website
(www.ferc.gov) under the link to Documents and Filings. New eFiling
users must first create an account by clicking on ``eRegister.'' You
will be asked to select the type of filing you are making; first select
``General'' and then select ``Intervention.'' The eFiling feature
includes a document-less intervention option; for more information,
visit https://www.ferc.gov/docs-filing/efiling/document-less-intervention.pdf.; or
    (2) You can file a paper copy of your motion to intervene, along
with three copies, by mailing the documents to the address below. Your
motion to intervene must reference the Project docket number CP23-539-
000.

To file via USPS: Kimberly D. Bose, Secretary, Federal Energy
Regulatory Commission, 888 First Street NE, Washington, DC 20426
To file via any other courier: Kimberly D. Bose, Secretary, Federal
Energy Regulatory Commission, 12225 Wilkins Avenue, Rockville, Maryland
20852

    The Commission encourages electronic filing of motions to intervene
(option 1 above) and has eFiling staff available to assist you at (202)
502-8258 or [email protected].
    Protests and motions to intervene must be served on the applicant
either by mail or email at: Matthew Bley, Director, Gas Transmission
Certificates, 6603 West Broad Street, Richmond, Virginia 23230 or at
[email protected]. Any subsequent submissions by an intervenor
must be served on the applicant and all other parties to the
proceeding. Contact information for parties can be downloaded from the
service list at the eService link on FERC Online. Service can be via
email with a link to the document.
    All timely, unopposed \9\ motions to intervene are automatically
granted by operation of Rule 214(c)(1).\10\ Motions to intervene that
are filed after the intervention deadline are untimely, and may be
denied. Any late-filed motion to intervene must show good cause for
being late and must explain why the time limitation should be waived
and provide justification by reference to factors set forth in Rule
214(d) of the Commission's Rules and Regulations.\11\ A person
obtaining party status will be placed on the service list maintained by
the Secretary of the Commission and will receive copies (paper or
electronic) of all documents filed by the applicant and by all other
parties.
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    \9\ The applicant has 15 days from the submittal of a motion to
intervene to file a written objection to the intervention.
    \10\ 18 CFR 385.214(c)(1).
    \11\ 18 CFR 385.214(b)(3) and (d).
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Tracking the Proceeding

    Throughout the proceeding, additional information about the project
will be available from the Commission's Office of External Affairs, at
(866) 208-FERC, or on the FERC website at www.ferc.gov using the
``eLibrary'' link as described above. The eLibrary link also provides
access to the texts of all formal documents issued by the Commission,
such as orders, notices, and rulemakings.
    In addition, the Commission offers a free service called
eSubscription which allows you to keep track of all formal issuances
and submittals in specific dockets. This can reduce the amount of time
you spend researching proceedings by automatically providing you with
notification of these filings, document summaries, and direct links to
the documents. For more information and to register, go to
www.ferc.gov/docs-filing/esubscription.asp.
    Intervention Deadline: 5:00 p.m. Eastern Time on October 13, 2023.

    Dated: September 22, 2023.
Debbie-Anne A. Reese,
Deputy Secretary.
[FR Doc. 2023-21261 Filed 9-27-23; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register: August 21, 2006 (Volume 71, Number 161)]
[Proposed Rules]
[Page 48500-48501]
[DOCID:fr21au06-28]

=======================================================================
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ENVIRONMENTAL PROTECTION AGENCY

40 CFR Parts 261 and 262

[EPA-HQ-RCRA-2003-0012; FRL-8211-7]
RIN 2050-AG18

Standards Applicable to Generators of Hazardous Waste; Subpart
K--Standards Applicable to Academic Laboratories; Extension of Comment
Period

AGENCY: Environmental Protection Agency (EPA).

ACTION: Proposed rule; extension of comment period.

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SUMMARY: EPA is announcing that the comment period to the proposed rule
entitled Standards Applicable to Generators of Hazardous Waste;
Standards Applicable to Academic Laboratories published on May 23, 2006
(71 FR 29711) is being extended until September 20, 2006. In the
proposed rule EPA is requesting comment on alternative options for
proposed laboratory requirements for colleges and universities. In
addition, the proposal requests comment on expanding the rule to
include other types of laboratories that operate and have waste
generation patterns similar to college and university laboratories.

DATES: The comment period for this proposed rule is extended from the
original closing date of August 21, 2006, to September 20, 2006.

ADDRESSES: Submit your comments, identified by Docket ID No. EPA-HQ-
RCRA-2003-0012 by one of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov.

Follow the on-line instructions for submitting comments.
     E-mail<EMAIL_ADDRESS>     Mail: U.S. Postal Service, send comments to: HQ EPA Docket
Center (6102T), Attention Docket ID No. EPA-HQ-RCRA-2003-0012, 1200
Pennsylvania Avenue, NW., Washington, DC 20460. Please include a total
of two copies. We request that you also send a separate copy of each
comment to the contact person listed below (see FOR FURTHER INFORMATION
CONTACT).

    Note: The EPA Docket Center suffered damage due to flooding
during the last week of June 2006. The Docket Center is continuing
to operate. However, during the cleanup, there will be temporary
changes to Docket Center telephone numbers, addresses, and hours of
operation for people who wish to make hand deliveries or visit the
Public Reading Room to view documents. Consult EPA's Federal
Register notice at 71 FR 38147 (July 5, 2006) or the EPA Web site at
http://www.epa.gov/epahome/dockets.htm for current information on

docket operations, locations and telephone numbers. The Docket
Center's mailing address for U.S. mail and the procedure for
submitting comments to http://www.regulations.gov are not affected

by the flooding and will remain the same.

     Hand Delivery: In person or by courier, deliver comments
to: HQ EPA Docket Center (6102T), Attention Docket ID No. EPA-HQ-RCRA-
2003-0012, 1301 Constitution Avenue, NW., Room B-108, Washington, DC
20004. Such deliveries are only accepted during the Docket's normal
hours of operation, and special arrangements should be made for
deliveries of boxed information. Please include a total of two copies.
We request that you also send a separate copy of each comment to the
contact person listed below (see FOR FURTHER INFORMATION CONTACT).
    Instructions: Direct your comments to Docket ID No. EPA-HQ-RCRA-
2003-0012. The EPA's policy is that all comments received will be
included in the public docket without change and may be made available
online at http://www.regulations.gov, including any personal

information provided, unless the comment includes information claimed
to be Confidential Business Information (CBI) or other information the
disclosure of which is restricted by statute. Do not submit information
that you consider to be CBI or otherwise protected through http://www.regulations.gov
 or e-mail. Send or deliver information identified

as CBI to only the following address: Ms. LaShan Haynes, RCRA Document
Control Officer, EPA (Mail Code 5305W), Attention Docket ID No. EPA-HQ-
RCRA-2003-0012, 1200 Pennsylvania Avenue, Washington, DC 20460. Clearly
mark the part or all of the information that you claim to be CBI. The
http://www.regulations.gov Web site is an ``anonymous access'' system,

which means EPA will not know your identity or contact information
unless you provide it in the body of your comment. If you send an e-
mail comment directly to EPA without going through http://www.regulations.gov
, your e-mail address will be automatically captured

and included as part of the comment that is placed in the public docket
and made available on the Internet. If you submit an electronic
comment, EPA recommends that you include your name and other contact
information in the body of your comment and with any disk or CD-ROM you
submit. If EPA cannot read your comment due to technical difficulties
and cannot contact you for clarification, EPA may not be able to
consider your comment. Electronic files should avoid the use of special
characters, any form of encryption, and be free of any defects or
viruses. For additional information about EPA's public docket visit the
EPA Docket Center homepage at http://www.epa.gov/epahome/dockets.htm.

We also request that interested parties who would like information they
previously submitted to EPA to be considered as part of this
reconsideration action identify the relevant information by docket
entry numbers and page numbers.
    Docket: All documents in the docket are listed in the http://www.regulations.gov
 index. Although listed in the index, some

information is not publicly available, e.g., CBI or other information
the disclosure of which is restricted by statute. Certain other
material, such as copyrighted material, will be publicly available only
in hard copy. Publicly available docket materials are available either
electronically in http://www.regulations.gov or in hard copy at the HQ

EPA Docket Center, Docket ID No. EPA-HQ-OAR-2004-0022, EPA West
Building, Room B-102, 1301 Constitution Ave., NW., Washington, DC
20004. This Docket Facility is open from 8:30 a.m. to 4:30 p.m., Monday
through Friday, excluding legal holidays. The HQ EPA Docket Center
telephone number is<PHONE_NUMBER>. The Public Reading Room is open
from 8:30 a.m. to 4:30 p.m., Monday through Friday, excluding legal
holidays. The telephone number for the Public Reading Room is (202)
566-1744. A

reasonable fee may be charged for copying docket materials.

FOR FURTHER INFORMATION CONTACT: For more information on this
rulemaking, contact Patricia Mercer at<PHONE_NUMBER>, or
<EMAIL_ADDRESS>Office of Solid Waste (MC: 5304W), U.S.

Environmental Protection Agency, 1200 Pennsylvania Ave., NW.,
Washington, DC 20460.

SUPPLEMENTARY INFORMATION: Comment Period. We are extending the comment
period by 30 days in response to a request from the National
Association of College and University Business Officers (NACUBO) on
behalf of the American Council on Education (ACE), the Campus Safety,
Health, and Environmental Management Association (CSHEMA), the Campus
Consortium for Environmental Excellence (C2E2), and the National
Association of College and University Business Officers for more time
to respond to issues in the proposed rule published on May 23, 2006 (71
FR at 29712). Therefore, the public comment period will now end on
September 20, 2006.
    Regulated Entities. Entities potentially affected by this proposed
action are generators of unwanted materials, as defined in this
proposal, from college and university laboratories. College and
university laboratories, as defined under this proposal, include
laboratories associated with a private or public, post-secondary,
degree-granting, academic institution that is accredited by an
accrediting agency listed annually by the U.S. Department of Education.
Only those colleges and universities which have laboratories on their
campuses would be covered by this alternate approach; laboratories not
located at colleges or universities would not be covered. This proposed
action is optional in that colleges and universities may elect to have
their laboratories remain regulated under current RCRA generator
regulations as set forth in 40 CFR 262.11 and 262.34(c), or may choose
to manage their hazardous wastes according to this alternative
regulatory approach. (In RCRA authorized states, today's proposed
action would be an option once it has been adopted by the state in
which the college or university resides.) To determine whether a
college or university laboratory is covered by this action, interested
parties should examine 40 CFR part 262, subpart K carefully. If there
are questions regarding the applicability of the proposed rule to a
particular entity, consult the person listed in the section of this
preamble entitled FOR FURTHER INFORMATION CONTACT.
    Submitting CBI. Do not submit this information to EPA through
http://www.regulations.gov or e-mail. Send or deliver information

identified as CBI only to the address listed in the ADDRESSES section
of this document. Clearly mark the part or all of the information that
you claim to be CBI. For CBI information in a disk or CD ROM that you
mail to EPA, mark the outside of the disk or CD ROM as CBI and then
identify electronically within the disk or CD ROM the specific
information that is claimed as CBI. In addition to one complete version
of the comment that includes information claimed as CBI, a copy of the
comment that does not contain the information claimed as CBI must be
submitted for inclusion in the public docket. Information so marked
will not be disclosed except in accordance with procedures set forth in
40 CFR part 2.

List of Subjects in 40 CFR Parts 261 and 262

    Environmental protection, Standards applicable to generators of
hazardous wastes.

    Dated: August 16, 2006.
Matthew Hale,
Director, Office of Solid Waste.
[FR Doc. E6-13854 Filed 8-18-06; 8:45 am]

BILLING CODE 6560-50-P


[Federal Register Volume 83, Number 6 (Tuesday, January 9, 2018)]
[Notices]
[Pages 1050-1054]
[FR Doc No: 2018-00158]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82436; File No. SR-CboeBZX-2017-022]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt
Risk Controls and Modify Rules 21.1, 21.10, and 21.17 in Connection
With Technology Migration of Cboe Exchanges

January 3, 2018.
    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 December 21, 2017, Cboe BZX Exchange, Inc. (the ``Exchange'')
filed with the Securities and Exchange Commission (``Commission'') the
proposed rule change as described in Items I and II below, which Items
have been prepared by the Exchange. The Exchange has designated this
proposal as a ``non-controversial'' proposed rule change pursuant to
Section 19(b)(3)(A) of the Act \3\ and Rule 19b-4(f)(6)(iii)
thereunder,\4\ which renders it effective upon filing with the
Commission. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A).
    \4\ 17 CFR 240.19b-4(f)(6)(iii).
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange filed a proposal to update Rule 21.1, Rule 21.10, and
Rule 21.17 to make modifications to the Exchange's rules and
functionality applicable to the Exchange's options platform (``BZX
Options'') in preparation for the technology migration of the
Exchange's affiliated options exchanges onto the same technology as the
Exchange.
    The text of the proposed rule change is available at the Exchange's
website at www.markets.cboe.com, at the principal office of the
Exchange, and at the Commission's Public Reference Room.

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

    In its filing with the Commission, the Exchange included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The 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
    In 2016, the Exchange and its affiliates Cboe BYX Exchange, Inc.
(``BYX''), Cboe EDGA Exchange, Inc. (``EDGA''), and Cboe EDGX Exchange,
Inc. (``EDGX'') received approval to affect a merger (the ``Merger'')
of the Exchange's then-current indirect parent company, Bats Global
Markets, Inc., with Cboe Global Markets f/k/a CBOE Holdings, Inc.
(``Cboe''), the direct parent of Cboe Exchange, Inc. (``Cboe Options'')
and Cboe C2 Exchange, Inc. (``C2 Options'', and together with the
Exchange, EDGX, and Cboe Options the ``Cboe Affiliated Exchanges'').\5\
The Cboe Affiliated Exchanges are working to align certain system
functionality, retaining only intended differences between the Cboe
Affiliated Exchanges,

in the context of a technology migration. Thus, the proposals set forth
below are intended to add certain functionality to the Exchange's
System \6\ that is more similar to functionality offered by Cboe
Options and C2 Options in order to ultimately provide a consistent
technology offering for market participants who interact with the Cboe
Affiliated Exchanges. Although the Exchange intentionally offers
certain features that differ from those offered by its affiliates and
will continue to do so, the Exchange believes that offering similar
functionality to the extent practicable will reduce potential confusion
for Users.
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    \5\ See Securities Exchange Act Release No. 79585 (December 16,
2016), 81 FR 93988 (December 22, 2016) (SR-BatsBZX-2016-68; SR-
BatsBYX-2016-29; SR-BatsEDGA-2016-24; SR-BatsEDGX-2016-60). The
Exchange notes that BYX and EDGA are also affiliated exchanges but
do not operate options platforms and thus the integration described
in this proposal is inapplicable to such exchanges.
    \6\ The ``System'' is the automated trading system used by BZX
Options for the trading of options contracts. See Rule 16.1(a)(59).
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    The Exchange is proposing to adopt periodic but relatively minor
changes to functionality in order to reduce risk in connection with the
technology migration described above; this proposal is related to two
such proposed changes. First, the Exchange proposes to adopt certain
risk functionality in Rule 21.17, which is based on functionality on
Cboe Options, C2 Options and/or the options trading platform operated
by EDGX (``EDGX Options''). The Exchange notes that it also proposes to
make a related change to Rule 21.1 to eliminate functionality that
overlaps with the proposed risk functionality. Second, the Exchange
proposes to modify Rule 21.10 to allow it to provide additional
information on transaction reports.
Risk Controls
    The Exchange currently provides certain controls to Users \7\ of
BZX Options pursuant to Rule 21.16, which describes the Exchange's
``Risk Monitor Mechanism.'' In addition, the Exchange provides a
variety of optional risk controls to all Exchange Users pursuant to
Interpretation and Policy .01 to Rule 11.13, including various controls
related to the price of an order.\8\ The Exchange proposes to adopt
various risk controls currently offered by Cboe Options, C2 Options,
and/or EDGX Options and to codify such risk controls in Rule 21.17.
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    \7\ The term ``User'' means any Options Member or Sponsored
Participant who is authorized to obtain access to the Exchange's
System (as defined below) pursuant to Rule 11.3. See Rule
16.1(a)(63).
    \8\ See Rule 11.13, Interpretation and Policy .01; see also
Securities Exchange Act Release Nos. 60236 (July 2, 2009), 74 FR
34068 (July 14, 2009) (SR-BATS-2009-019) (Notice of Filing and
Immediate Effectiveness of Proposed Rule Change to Establish a
Sponsored Access Risk Management Tool); 68330 (November 30, 2012),
77 FR 72894 (December 6, 2012) (SR-BATS-2012-045) (Notice of Filing
and Immediate Effectiveness of Proposed Rule Change to Expand the
Availability of Risk Management Tools).
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    Rule 21.17 currently permits the Exchange to share a User's risk
settings with the Clearing Member that clears transactions on behalf of
the User, which is a provision that the Exchange does not propose to
modify. Rule 21.17 does not currently describe any applicable risk
settings. As noted above, though certain risk settings offered for
Users of BZX Options are codified in Rule 21.16, other optional risk
settings offered by the Exchange are more generally described in
Interpretation and Policy .01 to Rule 11.13 and have been described in
other filings previously made by the Exchange.\9\ The Exchange proposes
to provide more specificity in proposed Rule 21.17 regarding the risk
settings the Exchange proposes to implement for BZX Options, which is
consistent with the approach taken by Cboe Options and C2 Options.
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    \9\ See id.
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    As a general matter, the Exchange proposes to adopt various numeric
values that would apply to the risk settings offered by the Exchange.
Consistent with the rules of EDGX Options,\10\ the Exchange proposes to
maintain all numeric values established by the Exchange pursuant to
Rule 21.17 in publicly available specifications and/or published in a
Regulatory Circular. Further, as a general matter, the proposed risk
settings would be applied to all orders and quotes received by BZX
Options rather than optionally configured and enabled by Users. Thus,
proposed Rule 21.17 would explicitly state that unless otherwise
specified, the price protections in the Rule, including the numeric
values established by the Exchange, may not be disabled or adjusted.
Below are descriptions of the specific risk settings proposed by the
Exchange.
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    \10\ See, e.g., Interpretation and Policies .04(c)(1), .04(e),
.04(f) and .06 to EDGX Rule 21.20, which refer to various risk
control values offered by EDGX Options with respect to complex
orders that are communicated to members of EDGX via specifications
and/or Regulatory Circular.
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    The first risk control the Exchange proposes to adopt is the Market
Order NBBO Width Protection. As proposed, if a User submits a Market
Order \11\ to the System when the NBBO \12\ width is greater than x% of
the midpoint of the NBBO, subject to minimum and maximum dollar values
established by the Exchange, the System will reject or cancel back to
the User the Market Order. The Exchange proposes to establish ``x'' and
the minimum and maximum values on a class-by-class basis. The proposed
Market Order NBBO Width Protection is based on and similar to the
Market-Width Parameter set forth in C2 Options Rule 6.17(a)(1).\13\ In
particular, similar to C2 Options Rule 6.17(a)(1), the Exchange would
reject or cancel Market Orders when the width of the NBBO is greater
than an acceptable range and would establish the numeric values that
would ultimately determine acceptable quote widths on a class-by-class
basis. However, in contrast to C2 Options Rule 6.17(a)(1), the Exchange
does not propose to set forth specific boundaries for quote widths
within the proposed rule. The Exchange believes that it needs
flexibility to modify acceptable quote widths based on experience with
the risk control and Users would always have access to the applicable
settings in the Exchange's publicly available specifications and/or as
published in a Regulatory Circular. The Exchange notes that the Nasdaq
Options Market (``NOM'') has a similar quote width protection in place
for market orders that does not specify the applicable limits within
the rule.\14\ The Exchange notes that it does not currently have an
NBBO width protection in place for Market Orders, and thus this
protection is an additive control to protect against erroneous
executions.
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    \11\ See Rule 21.1(d)(5).
    \12\ As defined in Rule 16.1(a)(29), the term ``NBB'' means the
national best bid, the term ``NBO'' means the national best offer,
and the term ``NBBO'' means the national best bid or offer as
calculated by BZX Options based on market information received by
BZX Options from OPRA.
    \13\ The Exchange notes that identical or similar rules
regarding risk controls offered by C2 Options are also provided in
the rules of Cboe Options and on other options exchanges. However,
the Exchange has focused on the Rules of C2 Options as well as EDGX
Options for purposes of this proposal.
    \14\ See NOM Chapter VI, Section 6(c), which describes the NOM
Market Order Spread Protection and states that ``System Orders that
are Market Orders will be rejected if the best of the NBBO and the
internal market BBO (the ``Reference BBO'') is wider than a preset
threshold at the time the order is received by the System.''
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    The second risk control the Exchange proposes to adopt is the Limit
Order Fat Finger Check. As proposed, if a User submits a buy (sell)
limit order to the System with a price that is more than a buffer
amount established by the Exchange above (below) the NBO (NBB), or, in
the case of an order received prior to 9:30 a.m., above (below) the
midpoint of the NBBO at the close of the market on the previous trading
day, the System will reject or cancel back to the User the limit order.
The proposed Limit Order Fat Finger Check is based on and similar to
certain Limit Order Price Parameters set forth in C2 Options Rule
6.17(b). In particular, similar to C2 Options Rule 6.17(b)(1) and
(b)(2), the Exchange would reject or cancel limit orders that are more
than an acceptable difference from the applicable reference price and

would distinguish the applicable reference price depending on whether
an order was received prior to market open or during the trading day.
However, in contrast to C2 Options Rule 6.17(b), which states that the
acceptable tick distance shall be no less than two minimum increment
ticks for simple orders, the Exchange does not propose to set forth
specific boundaries for the acceptable difference within the proposed
rule. As is true for the Market Order NBBO Width Protection described
above, the Exchange believes that it needs flexibility to modify the
acceptable price range based on experience with the risk control and
Users would always have access to the applicable settings in the
Exchange's publicly available specifications and/or as published in a
Regulatory Circular. The Exchange notes that the BOX Options Exchange
(``BOX'') has a similar price protection in place for limit orders that
does specify potential percentages in the Rule but also permits BOX to
modify such percentages via Information Circular without establishing
outer boundaries.\15\ The Exchange notes that EDGX Options also
currently applies mandatory fat finger protection to complex orders
received by EDGX Options pursuant to Interpretation and Policy .06 to
EDGX Rule 21.20. The Exchange also notes that it currently offers price
protections analogous to the proposed Limit Order Fat Finger Check for
orders other than complex orders (i.e., ``simple orders''), however, as
noted above such price protections are optional.
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    \15\ See BOX Rule 7290, which describes the Price Protection for
Limit Orders and Quotes and states that ``[t]he price parameter is
set by either the Exchange or the Participant on an underlying
security basis and is a percentage of the NBBO on the opposite side
of the incoming order or quote. Unless determined otherwise by the
Exchange and announced to Participants via Informational Circular,
the specified percentage shall be: 100% for the contra-side NBB or
NBO priced at or below $0.25; and 50% for the contraside NBB or NBO
priced above $0.25.''
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    The third risk control the Exchange proposes to adopt is the Buy
Order Put Check. As proposed, if a User enters a buy limit order for a
put with a price that is higher than or equal to the strike price of
the option, the System will reject or cancel back to the User the limit
order. Similarly, if a User enters a buy Market Order for a put that
would execute at (or the remaining portion would execute at) a price
higher than or equal to the strike price of the option, the System will
reject or cancel back to the User the Market Order (or remaining
portion). The Exchange does not propose to apply this check to adjusted
options. The proposed Buy Order Put Check is based on and substantively
identical to the Put Strike Price Value Check set forth in C2 Options
Rule 6.17(d)(1)(A). The Exchange notes that it does not currently have
an analogous risk control in place, and thus, this protection is an
additive control to protect against erroneous executions.
    The fourth and final risk control the Exchange proposes to adopt is
the Drill-Through Price Protection. As proposed, the Drill-Through
Price Protection feature is a price protection mechanism applicable to
all orders under which a buy (sell) order will not be executed at a
price that is higher (lower) than the NBO (NBB) at the time of order
entry plus (minus) a buffer amount established by the Exchange (the
``Drill-Through Price''). If a buy (sell) order would execute or post
to the BZX Options Book at a price higher (lower) than the Drill-
Through Price, the System will instead post the order to the BZX
Options Book at the Drill-Through Price, unless the terms of the order
instruct otherwise. Any order (or unexecuted portion thereof) will rest
in the BZX Options Book (based on the time at which it enters the book
for priority purposes) for a time period in milliseconds that may not
exceed three seconds with a price equal to the Drill-Through Price. If
the order (or unexecuted portion thereof) does not execute during that
time period, the System will cancel it. While similar to and based on
C2 Options Rule 6.17(a)(2), the proposed Rule is more directly based on
Interpretation and Policy .04, to EDGX Options Rule 21.20, which
describes Drill-Through Price Protection applicable to complex orders
on EDGX Options. The proposed Drill-Through Price Protection is
identical to Interpretation and Policy .04 to EDGX Options Rule 21.20
with the exceptions of necessary differences between language related
to simple orders and complex orders and that in contrast to a User
being able to modify the protection to a more or less restrictive
control, which is available for the control on EDGX Options for complex
orders, the Exchange proposes to apply standard Drill-Through Price
Protection to all orders and such protection cannot be modified.
    In connection with the changes described above, the Exchange
proposes to remove a portion of the definition of a [sic] Market Orders
to remove a risk protection currently in place that overlaps with
various risk controls described above. Market Orders are currently
defined in in Rule 21.1(d)(5) as ``orders to buy or sell at the best
price available at the time of execution.'' Rule 21.1(d)(5) further
states that ``[a]ny portion of a Market Order that would execute at a
price more than $0.50 or 5 percent worse than the NBBO at the time the
order initially reaches BZX Options, whichever is greater, will be
cancelled.'' The Exchange proposes to remove this price protection for
Market Orders because it is no longer necessary in light of the
proposed risk controls described above (other than the Limit Order Fat
Finger Check, which is inapplicable to Market Orders). In particular,
the Drill-Through Price Protection provides a control with respect to
the execution prices of Market Orders and would be duplicative of the
existing control.
Details in Transaction Reports
    The Exchange also proposes to modify Rule 21.10, Anonymity, to
allow it to provide additional information on transaction reports.
Current Rule 21.10(a) states that ``[t]he intra-day transaction reports
produced by the System will indicate the details of the transactions,
and shall not reveal contra party identities.'' The Exchange notes that
this provision is consistent with Rule 11.15(d) of its cash equities
trading platform (``BZX Equities'') but is not a common provision in
the rules of other options exchanges, including Cboe Options or C2
Options, which do not have such a provision. The Exchange currently
provides details regarding contra-parties on various end of day and end
of month reports for clearing purposes, and this information is
similarly readily available through the Options Clearing Corporation
(``OCC'') for clearing purposes.
    The Exchange proposes to remove the restriction on providing contra
party identities and to specifically state that aggregated and
individual transaction reports produced by the System will indicate the
details of a User's transactions, including the contra party's MPID,
capacity, and clearing firm account number.
    Current paragraph (c) of Rule 21.10 contains three exceptions to
the general rule of anonymity, providing that the ``Exchange shall
reveal a User's identity in the following circumstances: (1) For
regulatory purposes or to comply with an order of an arbitrator or
court; (2) if both Users to the transaction consent; (3) Unless
otherwise instructed by a User, the Exchange will reveal to a User, no
later than the end of the day on the date an anonymous trade was
executed, when the User's Order has been decremented by another Order
submitted by that same User.'' The Exchange proposes to retain only the
first exception, regarding regulatory purposes or to comply with an
order of

an arbitrator or court, as the second and third exceptions are no
longer necessary to the extent the Exchange will provide information on
individual and aggregate transaction reports produced by the System.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Act \16\ in general, and furthers the objectives of Section
6(b)(5) of the Act \17\ in particular, in that it is designed to
promote just and equitable principles of trade, 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. In particular, consistent rules and functionality between the
Exchange and its affiliated exchanges will reduce complexity and help
avoid potential confusion by the Users of the Exchange that are also
participants on other Cboe Affiliated Exchanges.\18\
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    \16\ 15 U.S.C. 78f(b).
    \17\ 15 U.S.C. 78f(b)(5).
    \18\ The Exchange notes that its affiliate, EDGX, also intends
to adopt changes that are substantively identical to the changes set
forth in this proposal. In addition, as Cboe Options and C2 Options
migrate to the same technology platform as the Exchange, Cboe
Options and C2 Options intend to modify rules and functionality to
be consistent with the Exchange and EDGX, unless the retention of
differences is intended.
---------------------------------------------------------------------------

    The Exchange believes the proposed amendment will reduce complexity
and increase the understanding of the Exchange's operations for all
Users of the Exchange. In particular, by adopting certain mandatory
risk controls, the Exchange's functionality will be more similar to
that of Cboe Options and C2 Options. In turn, when Cboe Options and C2
Options are migrated to the same technology as that of the Exchange,
Users of the Exchange and other Cboe Affiliated Exchanges will have
access to similar functionality on all Cboe Affiliated Exchanges. As
such, the proposed rule change would foster cooperation and
coordination with persons engaged in facilitating transactions in
securities and would remove impediments to and perfect the mechanism of
a free and open market and a national market system.
    The Exchange further believes that the proposed price protection
mechanisms and risk controls will protect investors and the public
interest and maintain fair and orderly markets by mitigating potential
risks associated with market participants entering orders and quotes at
unintended prices, and risks associated with orders and quotes trading
at prices that are extreme and potentially erroneous, which may likely
have resulted from human or operational error. While the Exchange has
previously offered many risk controls under Interpretation and Policy
.01 to Rule 11.13 and other filings previously made by the
Exchange,\19\ the Exchange believes that Users will benefit from the
additional specificity provided under the proposed rules, particularly
because, in contrast to optional risk control functionality, the
proposed rules provide that each proposed risk control will be applied
to all orders received by BZX Options. Although the Exchange's proposed
price protection mechanisms and risk controls are similar to and based
on existing rules of C2 Options or the Exchange, the Exchange notes
that it has not proposed to establish outer boundaries or limits to the
levels at which the mechanisms can be set. The Exchange believes this
is reasonable and is necessary to afford the Exchange the flexibility
to establish and modify the default parameters in order to protect
investors and the public interest and maintain a fair and orderly
market. The Exchange again notes that the applicable specified levels
will always be available in the Exchange's publicly available
specifications and/or as published in a Regulatory Circular. The
Exchange also notes that this approach is consistent with certain rules
of other options exchanges, which similarly offer risk controls that
can be modified without regard to a rule based limitation.\20\
---------------------------------------------------------------------------

    \19\ See supra, note 8.
    \20\ See supra, notes 14 and 15.
---------------------------------------------------------------------------

    The Exchange believes the proposed changes to Rule 21.10 that will
permit the Exchange to provide additional detail in transaction reports
is consistent with the rules of other options exchanges that do not
contain explicit restrictions on providing such information. The
proposed changes are similarly consistent with a variety of current
Exchange and options industry practices, including the fact that
clearing information available through OCC already provides contra-
party information, as well as the ability of a User on the Exchange to
disclose their identity when quoting.\21\ Based on the foregoing, the
Exchange believes the proposed changes to Rule 21.10 are consistent
with Section 6(b)(5) of the Act \22\ in particular, in that they are
designed to foster cooperation and coordination with persons engaged in
clearing, settling, processing information with respect to, and
facilitating transactions in securities.
---------------------------------------------------------------------------

    \21\ See, e.g., Rule 21.1(c)(1), defining ``Attributable
Orders'' as orders that are designated for display (price and size)
including the User's market participant identifier (``MPID'').
    \22\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

(B) Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will
impose any burden on competition that is not necessary or appropriate
in furtherance of the purposes of the Act. The Exchange notes that the
proposal will further promote consistency between the Exchange and its
affiliated exchanges, and is part of a larger technology integration
that will ultimately reduce complexity for Users of the Exchange that
are also participants on other Cboe Affiliated Exchanges. The Exchange
does not believe that the proposed changes will have any direct impact
on competition. Thus, the Exchange does not believe that the proposal
creates any significant impact on competition.

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

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

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

    Because the foregoing proposed rule change does not: (A)
Significantly affect the protection of investors or the public
interest; (B) impose any significant burden on competition; and (C) by
its terms, become operative for 30 days from the date on which it was
filed or such shorter time as the Commission may designate it has
become effective pursuant to Section 19(b)(3)(A) of the Act \23\ and
paragraph (f)(6) of Rule 19b-4 thereunder,\24\ the Exchange has
designated this rule filing as non-controversial. The Exchange has
given the Commission written notice of its intent to file the proposed
rule change, along with a brief description and text of the proposed
rule change at least five business days prior to the date of filing of
the proposed rule change, or such shorter time as designated by the
Commission.
---------------------------------------------------------------------------

    \23\ 15 U.S.C. 78s(b)(3)(A).
    \24\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------

    A proposed rule change filed under Rule 19b-4(f)(6) \25\ normally
does not become operative prior to 30 days after the date of the
filing. However, Rule

19b-4(f)(6)(iii) \26\ permits the Commission to designate a shorter
time if such action is consistent with the protection of investors and
the public interest. The Exchange has asked the Commission to waive the
30-day operative delay so that the proposal may become operative
immediately upon filing. The Exchange notes that the proposal will
promote consistency between the Exchange and its affiliated exchanges,
and is part of a larger technology integration that will ultimately
reduce complexity for Users of the Exchange that are also participants
on other Cboe Affiliated Exchanges. The Exchange further notes that
allowing the Exchange to move forward with the proposed changes without
an operative delay will ensure that the technology integration can
continue with periodic but measured changes rather than implementing
several changes at once. Furthermore, the Exchange states that the
implementation of the risk controls will help to avoid potentially
erroneous executions. The Commission believes that waiver of the 30-day
operative delay is consistent with the protection of investors and the
public interest. Accordingly, the Commission hereby waives the
operative delay and designates the proposed rule change as operative
upon filing.\27\
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    \25\ 17 CFR 240.19b-4(f)(6).
    \26\ 17 CFR 240.19b-4(f)(6)(iii).
    \27\ For purposes only of waiving the 30-day operative delay,
the Commission has also considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is: (1)
Necessary or appropriate in the public interest; (2) for the protection
of investors; or (3) 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 protected]. Please include
File Number SR-CboeBZX-2017-022 on the subject line.

Paper Comments

     Send paper comments in triplicate to Brent J. Fields,
Secretary, Securities and Exchange Commission, 100 F Street NE,
Washington, DC 20549-1090.

All submissions should refer to File Number SR-CboeBZX-2017-022. 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 website (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 website 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. 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-CboeBZX-2017-022 and should be submitted
on or before January 30, 2018.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\28\
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    \28\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-00158 Filed 1-8-18; 8:45 am]
BILLING CODE 8011-01-P