16844 Federal Register / Vol. 76, No. 58 / Friday, March 25, 2011 / Notices 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3 ‘‘System Hours Immediate or Cancel’’ shall 

mean, for orders so designated, that if after entry 

into the System the order (or a portion thereof) is 

not marketable, the order (or unexecuted portion 

thereof) shall be canceled and returned to the 

entering Participant. See Exchange Rule 4751(h)(1). 

4 ‘‘System Hours Day’’ shall mean, for orders so 

designated, that if after entry into the System, the 

order is not fully executed, the order (or the 

unexecuted portion thereof) shall remain available 

for potential display and/or execution from the 

opening of the normal business day until 7 p.m. 

Eastern Time on the day it was submitted unless 

cancelled by the entering party. See Exchange Rule 

4751(h)(2). 

5 ‘‘System Hours Expire Time’’ or ‘‘SHEX’’ shall 

mean, for orders so designated, that if after entry 

into the System, the order is not fully executed, the 

order (or the unexecuted portion thereof) shall 

remain available for potential display and/or 

execution for the amount of time specified by the 

entering Participant (up to 7 p.m. on the day 

entered) unless canceled by the entering party. See 

Exchange Rule 4751(h)(4). 

6 ‘‘Good-til-market close’’ shall mean for orders so 

designated, that if after entry into the System, the 

order is not fully executed, the order (or unexecuted 

portion thereof) shall remain available for potential 

display and/or execution until cancelled by the 

entering party, or until 4 p.m., after which it shall 

be returned to the entering party. See Exchange 

Rule 4751(h)(8). 

Transfer agent name File No. 

PACIFIC STOCK TRANSFERS 

INC ............................................ 8406088 

PUBLIC STOCK TRANSFER 

COMPANY dba/PUBLIC EASE 8405866 

Royalty Stock Transfer ................. 8406189 

Select American Transfer Co. ...... 8406152 

Syntel, Inc. .................................... 8406142 

TECHNOLOGY FUNDING CAPITAL CORPORATION ............... 8405738 

The Commercial Bank .................. 8405867 

THE NORTHERN SAVINGS & 

LOAN COMPANY ..................... 8405867 

THE NYHART COMPANY, INC. .. 8405722 

TRUSTMARK STOCK & TRANSFER INC .................................... 8406073 

UAC INC. ...................................... 8400293 

Wulf International, Ltd .................. 8406180 

[FR Doc. 2011–7100 Filed 3–24–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–64105; File No. SR–BX– 

2011–016] 

Self-Regulatory Organizations; 

NASDAQ OMX BX, Inc.; Notice of Filing 

and Immediate Effectiveness Relating 

to Changing the Starting Time 

March 22, 2011. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 2 thereunder, 

notice is hereby given that on March 15, 

2011, NASDAQ OMX BX, Inc. (‘‘BX’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission (‘‘SEC’’ or 

‘‘Commission’’) the proposed rule 

change as described in Items I and II 

below, which Items have been prepared 

by the Exchange. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend 

certain rules of the Exchange’s equity 

trading facility to change the starting 

time from 8 a.m. Eastern Time (‘‘ET’’) to 

7 a.m. ET. The Exchange proposes to 

amend provisions of Exchange Rules 

4120, 4420, 4421, 4617, 4751, 4752 and 

4756 to reflect the proposed amended 

starting time. 

The text of the proposed rule change 

is available on the Exchange’s Web site 

at http://www.nasdaqtrader.com/ 

micro.aspx?id=BXRulefilings, 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 

The purpose of the proposed rule 

change is to amend certain rules of the 

Exchange to change the starting time 

from 8 a.m. ET to 7 a.m. ET. More 

specifically, the Exchange proposes to 

amend the following Exchange rules in 

the following manner: 

i. Exchange Rule 4120(b)(4)(B) to 

reflect that the ‘‘Pre-Market Session’’ 

means the trading session will begin at 

7 a.m. ET instead of 8 a.m. ET. 

ii. Exchange Rule 4420(i)(7) to reflect 

that the Exchange may designate each 

series of Portfolio Depository Receipts 

for trading during a pre-market session 

beginning at 7 a.m. instead of 8 a.m. ET. 

iii. Exchange Rule 4420(j) to reflect 

that the Exchange may designate each 

series of Index Fund Shares for trading 

during a pre-market session beginning at 

7 a.m. ET instead of 8 a.m. ET. 

iv. Exchange Rule 4421(a)(2) to reflect 

that the information circular distributed 

by the Exchange prior to the 

commencement of trading in each UTP 

Derivative Security contain applicable 

trading hours for the UTP Derivative 

Security and the risks of trading 

beginning with the period starting from 

7 a.m. ET instead of 8 a.m. ET. 

v. Exchange Rule 4617 to reflect that 

the normal business hours for the 

trading platform begins at 7 a.m. ET 

instead of 8 a.m. ET; and, Equity Market 

Makers whose quotes are open before 

9:30 a.m. ET or after 4 p.m. ET shall be 

obligated to comply, while their quotes 

are open, with all rules that are not by 

their express terms, or by an official 

interpretation of the Exchange, 

inapplicable to any part of the period 7 

a.m. to 9:30 a.m. or 4 p.m. to 7 p.m. ET 

period instead of 8 a.m. to 9:30 a.m. or 

4 p.m. to 7 p.m. ET. 

vi. Exchange Rule 4751(h)(1) to reflect 

that System Hours Immediate or 

Cancel 3 orders must be will be [sic] 

available for entry and execution from 7 

a.m. ET instead of 8 ET. 

vii. Exchange Rule 4751(h)(2) to 

reflect that System Hours Day 4 orders 

must remain available for potential 

display and/or execution from 7 a.m. ET 

instead of 8 a.m. ET. 

viii. Exchange Rule 4751(h)(4) to 

reflect that System Hours Expire Time 5

orders must remain for entry and 

execution from 7 a.m. ET instead of 8 

a.m. ET. 

ix. Exchange Rule 4751(h)(8) to reflect 

that ‘‘good-til-market close’’ 6 orders 

must be available for entry and potential 

execution from 7 a.m. ET instead of 8 

ET. 

x. Exchange Rule 4752(a)(1) to reflect 

that the system shall add in time 

priority all eligible Orders in accordance 

with each order’s defined characteristics 

at 7 a.m. instead of 8 a.m. 

xi. Exchange Rule 4756(a)(3) to reflect 

that orders can be entered into the 

System (or previously entered orders 

cancelled) from 7 a.m. ET instead of 8 

a.m. ET. 

xii. Exchange Rule 4756(b) to reflect 

that Equities Market Makers, Order 

Entry Firms, and Equities ECNs can 

enter quotes into the system starting at 

7 a.m. ET instead of 8 a.m. ET. 

The Exchange is a fully electronic 

system that accommodates diverse 

business models and trading 

preferences. Exchange utilizes 

technology to aggregate and display 

liquidity and make it available for 

execution of orders. Exchange is 


erowe on DSK5CLS3C1PROD with NOTICES
Federal Register / Vol. 76, No. 58 / Friday, March 25, 2011 / Notices 16845 

7 15 U.S.C. 78f. 

8 15 U.S.C. 78f(b)(1), (5). 

9 15 U.S.C. 78s(b)(3)(A). 

10 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. 11 17 CFR 200.30–3(a)(12). 

proposing to expand its operational 

hours to open the System earlier so that 

firms can enter orders and execute 

beginning at 7 a.m. rather than 8 a.m. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

the provisions of Section 6 of the Act,7

in general, and with Sections 6(b)(1) and 

6(b)(5) of the Act,8 in particular, in that 

the proposal enables the Exchange to be 

so organized as to have the capacity to 

be able to carry out the purposes of the 

Act and to comply with and enforce 

compliance by members, member 

organizations, and persons associated 

with members and member 

organizations with provisions of the 

Act, the rules and regulations 

thereunder, and the rules of the 

Exchange. The proposal is also 

consistent with Section 6 of the Act in 

that the proposal is designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to foster cooperation 

and coordination with persons engaged 

in regulating, clearing, settling, 

processing information with respect to, 

and facilitating transactions in 

securities, to remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system, and, in general, to protect 

investors and the public interest. An 

earlier open will enhance the national 

market system by providing market 

participants increased opportunity to 

more effectively carry out the execution 

of orders in the manner addressed by 

Exchange rules. Such improvements 

will enhance the protection of investors 

and the public interest. 

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 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 either 

solicited or received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the foregoing proposed rule 

change does not: (i) Significantly affect 

the protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and (iii) become 

operative for 30 days 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 9 and Rule 19b–4(f)(6) 10

thereunder. 

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 e-mail to rulecomments@sec.gov. Please include File 

Number SR–BX–2011–016 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–BX–2011–016. This file 

number should be included on the 

subject line if e-mail 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. 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–BX–2011–016 and should 

be submitted on or before April 15, 

2011. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–7109 Filed 3–24–11; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Administrator’s Line of Succession 

Designation, No. 1–A, Revision 32 

This document replaces and 

supersedes ‘‘Line of Succession 

Designation No. 1–A, Revision 31.’’ 

Line of Succession Designation 

No. 1–A, Revision 32 

Effective immediately, the 

Administrator’s Line of Succession 

Designation is as follows: 

(a) In the event of my inability to 

perform the functions and duties of my 

position, or my absence from the office, 

the Deputy Administrator will assume 

all functions and duties of the 

Administrator. In the event the Deputy 

Administrator and I are both unable to 

perform the functions and duties of the 

position or are absent from our offices, 

I designate the officials in listed order 

below, if they are eligible to act as 

Administrator under the provisions of 

the Federal Vacancies Reform Act of 

1998, to serve as Acting Administrator 

with full authority to perform all acts 

which the Administrator is authorized 

to perform: 

(1) Chief of Staff; 

(2) General Counsel; 

(3) Associate Administrator for 

Disaster Assistance; 


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