Federal Register / Vol. 78, No. 70 / Thursday, April 11, 2013 / Notices 21699 

47See Phlx’s Pricing Schedule with respect to 

Complex Orders in Section I and NASDAQ OMX 

BX, Inc.’s pricing for Non-Penny Pilot Options at 

Chapter XV, Section 2. 

48See note 32. 49 15 U.S.C. 78s(b)(3)(A)(ii). 50 17 CFR 200.30–3(a)(12). 

Market Maker, in certain circumstances, 

the Exchange does not believe the 

proposed rebate tiers would result in 

any burden on competition as between 

market participants. The Exchange 

believes that offering Customers and 

Professionals the proposed tiered 

rebates creates competition among 

options exchanges because the 

Exchange believes that the rebates may 

cause market participants to select NOM 

as a venue to send Customer and 

Professional order flow. The Exchange 

believes that incentivizing NOM Market 

Makers to post liquidity on NOM 

benefits market participants through 

increased order interaction. 

The Exchange’s proposal to pay the 

higher Customer Rebate to Add 

Liquidity in Non-Penny Pilot Options 

on each transaction continues to 

incentivize Participants to direct 

Customer Non-Penny Pilot Option order 

flow to NOM to the benefit of all other 

market participants. The Exchange 

believes that Customer order flow is 

unique and therefore only paying a 

Customer a Rebate to Add Liquidity in 

Non-Penny Pilot Options is consistent 

with rebates at other options 

exchanges.47 The Exchange’s proposal 

to increase the Professional, Firm, NonNOM Market Maker and Broker-Dealer 

Fees for Removing Liquidity in Penny 

Pilot Options does not misalign the 

current fees on NOM. The Exchange 

believes that other market participants 

benefit from incentivizing Customer 

order flow as explained herein. 

Customers continue to pay a lower Fee 

for Removing Liquidity in Penny Pilot 

Options, which is currently the case for 

most fees on NOM which are either not 

assessed to a Customer or where a 

Customer is assessed the lowest fee 

because of the liquidity such order flow 

brings to the Exchange. Also, NOM 

Market Makers have obligations48 to the 

market which are not borne by other 

market participants and therefore the 

Exchange believes that NOM Market 

Makers are entitled to a lower fee. 

For the reasons specified herein, the 

Exchange does not believe this proposal 

will result in any burden on 

competition. The Exchange operates in 

a highly competitive market comprised 

of eleven U.S. options exchanges in 

which sophisticated and knowledgeable 

market participants can readily send 

order flow to competing exchanges if 

they deem fee levels or rebate incentives 

at a particular exchange to be excessive 

or inadequate. The Exchange believes 

that the proposed rebate structure and 

tiers are competitive with rebates and 

tiers in place on other exchanges. The 

Exchange believes that this competitive 

marketplace impacts the rebates present 

on the Exchange today and substantially 

influences the proposals set forth above. 

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 

The foregoing rule change has become 

effective pursuant to Section 

19(b)(3)(A)(ii) of the Act.49 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 rulecomments@sec.gov. Please include File 

Number SR–NASDAQ–2013–062 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–NASDAQ–2013–062. 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 

available publicly. All submissions 

should refer to File Number SR– 

NASDAQ–2013–062, and should be 

submitted on or before May 2, 2013. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.50

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2013–08468 Filed 4–10–13; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 8271] 

Notice of the Next CAFTA–DR 

Environmental Affairs Council Meeting 

AGENCY: Department of State. 

ACTION: Notice of the CAFTA–DR 

Environmental Affairs Council Meeting 

and request for comments. 

SUMMARY: The Department of State and 

the Office of the United States Trade 

Representative are providing notice that 

the government parties to the 

Dominican Republic-Central AmericaUnited States Free Trade Agreement 

(CAFTA–DR) intend to hold the seventh 

meeting of the Environmental Affairs 

Council (Council) established under 

Chapter 17 of that agreement in Santo 

Domingo, Dominican Republic on May 

9, 2013 at a venue to be announced. All 

interested persons are invited to attend 


TKELLEY on DSK3SPTVN1PROD with NOTICES
21700 Federal Register / Vol. 78, No. 70 / Thursday, April 11, 2013 / Notices 

a public session beginning at 2:00 p.m. 

on May 9. 

During the meeting, each Council 

Member will present its country’s 

progress in implementing Chapter 17 

obligations and the impacts of 

environmental cooperation in their 

respective countries. The Council will 

also receive a presentation from the 

CAFTA–DR Secretariat for 

Environmental Matters (SEM). For the 

public session of the meeting, the 

Council will highlight issues from the 

above discussion elements with a 

particular focus on Chapter 17 

obligations and environmental 

cooperation successes. 

All interested persons are invited to 

attend a public session where they will 

have the opportunity to ask questions 

and discuss implementation of Chapter 

17 and environmental cooperation with 

Council Members. In addition, the SEM 

will present on the public submission 

process established under Chapter 17. 

More information on the Council is 

included below under Supplementary 

Information. 

The Department of State and Office of 

the United States Trade Representative 

invite written comments or suggestions 

regarding the meeting. In preparing 

comments, we encourage submitters to 

refer to Chapter 17 of the CAFTA–DR, 

the Final Environmental Review of the 

CAFTA–DR and the Agreement among 

the CAFTA–DR countries on 

Environmental Cooperation (ECA) (all 

documents available at http:// 

www.state.gov/e/oes/env/trade/caftadr/ 

index.htm). 

DATES: The Council will hold the 

meeting on May 9, 2013, in Santo 

Domingo. If you are interested in 

attending, please email Abby Lindsay at 

LindsayA@state.gov for the specific time 

and place. To be assured of timely 

consideration, all written comments or 

suggestions are requested no later than 

April 19, 2013. 

ADDRESSES: Written comments or 

suggestions should be submitted to 

both: (1) Abby Lindsay, U.S. Department 

of State, Bureau of Oceans and 

International Environmental and 

Scientific Affairs, Office of 

Environmental Quality and 

Transboundary Issues by email to 

LindsayA@state.gov with the subject 

line ‘‘CAFTA–DR EAC Meeting’’ or by 

fax to (202) 647–5947; and (2) Sarah 

Stewart, Director for Environment and 

Natural Resources, Office of the United 

States Trade Representative by email to 

Sarah_Stewart@ustr.eop.gov with the 

subject line ‘‘CAFTA–DR EAC Meeting’’ 

or by fax to (202) 395–9517. If you have 

access to the Internet you can view and 

comment on this notice by going to: 

http://www.regulations.gov/#!home and 

searching on docket number DOS– 

2013–0009. 

FOR FURTHER INFORMATION, CONTACT: 

Abby Lindsay, (202) 647–8772 or Sarah 

Stewart, (202) 395–3858. 

SUPPLEMENTARY INFORMATION: Article 

17.5 of the CAFTA–DR establishes an 

Environmental Affairs Council (the 

Council). Article 17.5 requires the 

Council to meet to oversee the 

implementation of, and review progress 

under, Chapter 17. Article 17.5 further 

requires, unless the governments 

otherwise agree, that each meeting of 

the Council include a session in which 

members of the Council have an 

opportunity to meet with the public to 

discuss matters relating to the 

implementation of Chapter 17. 

In Article 17.9 of the CAFTA–DR, the 

governments recognize the importance 

of strengthening capacity to protect the 

environment and to promote sustainable 

development in concert with 

strengthening trade and investment 

relations and state their commitment to 

expanding their cooperative 

relationship on environmental matters. 

Article 17.9 also references the ECA, 

which sets out certain priority areas of 

cooperation on environmental activities 

that are also reflected in Annex 17.9 of 

the CAFTA–DR. These priority areas 

include, among other things: 

Reinforcing institutional and legal 

frameworks and the capacity to develop, 

implement, administer, and enforce 

environmental laws, regulations, 

standards and policies; conserving and 

managing shared, migratory and 

endangered species in international 

trade and management of protected 

areas; promoting best practices leading 

to sustainable management of the 

environment; and facilitating 

technology development and transfer 

and training to promote clean 

production technologies. The public is 

advised to refer to the State Department 

Web site at http://www.state.gov and the 

USTR Web site at www.ustr.gov for more 

information. 

Disclaimer: This Public Notice is a 

request for comments and suggestions, 

and is not a request for applications. No 

granting of money is directly associated 

with this request for suggestions on the 

Council meeting agenda. There is no 

expectation of resources or funding 

associated with any comments or 

suggestions. 

Dated: April 8, 2013. 

George N. Sibley, 

Director, Office of Environmental Quality and 

Transboundary Issues, U.S. Department of 

State. 

[FR Doc. 2013–08507 Filed 4–10–13; 8:45 am] 

BILLING CODE 4710–09–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

Aviation Rulemaking Advisory 

Committee Meeting on Transport 

Airplane and Engine Issues 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of public meeting. 

SUMMARY: This notice announces a 

public meeting of the FAA’s Aviation 

Rulemaking Advisory Committee 

(ARAC) Transportation Airplane and 

Engine (TAE) Subcommittee to discuss 

transport airplane and engine issues. 

DATES: The meeting is scheduled for 

Tuesday, May 7, 2013, starting at 9:00 

a.m. Pacific Daylight Time. Arrange for 

oral presentations by April 30, 2013. 

ADDRESSES: FAA—Northwest Mountain 

Region, conference room 130, 1601 Lind 

Ave. SW., Renton, WA 98057. 

FOR FURTHER INFORMATION CONTACT: 

Ralen Gao, Office of Rulemaking, ARM– 

209, FAA, 800 Independence Avenue 

SW., Washington, DC 20591, Telephone 

(202) 267–3168, Fax (202) 267–5075, or 

email at ralen.gao@faa.gov. 

SUPPLEMENTARY INFORMATION: Pursuant 

to Section 10(a)(2) of the Federal 

Advisory Committee Act (Pub. L. 92– 

463; 5 U.S.C. app. III), notice is given of 

an ARAC meeting to be held May 7, 

2013. 

The agenda for the meeting is as 

follows: 

• Opening Remarks, Review Agenda 

and Minutes 

• FAA Report 

• ARAC Report 

• Transport Canada Report 

• EASA Report 

• Flight Controls Harmonization 

Working Group Report 

• Aging Airplanes Working Group 

Report 

• Engine Harmonization Working 

Group—New Tasking 

• Flight Test Harmonization Working 

Group—New Tasking 

• Action Item Review and Other 

Business 

Attendance is open to the public, but 

will be limited to the availability of 

meeting room space. Please confirm 

your attendance with the person listed 


TKELLEY on DSK3SPTVN1PROD with NOTICES