26332 Federal Register / Vol. 83, No. 109 / Wednesday, June 6, 2018 / Notices 

3 Id. 4 17 CFR 200.30–3(a)(22). 

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

2 17 CFR 240.19b–4. 

100 F Street NE, Washington, DC 

20549–7010 or by email to 

tradingandmarkets@sec.gov with the 

phrase ‘‘Order Cancelling Transfer 

Agent Registration’’ in the subject line. 

Background 

Section 17A(c)(4)(B) of the Act 

provides that if the Commission finds 

that any transfer agent registered with 

the Commission is no longer in 

existence or has ceased to do business 

as a transfer agent, the Commission 

shall by order cancel that transfer 

agent’s registration. On December 22, 

2017, the Commission published notice 

of its intention to cancel the registration 

of certain transfer agents whom it 

believed were no longer in existence or 

had ceased doing business as transfer 

agents.3

In the notice, the Commission 

identified 38 such transfer agents and 

stated that at any time after January 31, 

2018, the Commission intended to issue 

an order canceling the registrations of 

any or all of the identified transfer 

agents. One transfer agent contacted the 

Commission to object to the cancellation 

of its registration, stating that it had not 

ceased doing business as a transfer 

agent. The Commission has decided not 

to cancel the registration of that transfer 

agent. None of the remaining 37 

identified transfer agents contacted the 

Commission to object to the cancellation 

of their registrations. 

Accordingly, the Commission is 

cancelling the registrations of the 37 

transfer agents identified in the 

Appendix attached to this Order. 

Order 

On the basis of the foregoing, the 

Commission finds that each of the 

transfer agents whose name appears in 

the attached Appendix either is no 

longer in existence or has ceased doing 

business as a transfer agent. 

It is therefore ordered pursuant to 

Section 17A(c)(4)(B) of the Act that the 

registration as a transfer agent of each of 

the transfer agents whose name appears 

in the attached Appendix be and hereby 

is cancelled. 

For the Commission by the Division of 

Trading and Markets pursuant to delegated 

authority.4

Eduardo A. Aleman, 

Assistant Secretary. 

Appendix 

Transfer agent name File number 

AG Transfer Agency LLC ..... 084–06306 

Allied Stock Transfer, Inc. .... 084–06171 

AlphaMetrix, LLC .................. 084–06327 

Baron Capital Transfer & 

Registrar LLC .................... 084–06440 

Bluechip Equity Inc. DBA 

Bluechip Trust Company .. 084–06173 

Cascade Stock Transfer, Inc. 084–06204 

Centerline Affordable Housing Advisors LLC ............... 084–01911 

Chris Lotito ........................... 084–06197 

Clayton Securities Services, 

Inc. .................................... 084–05425 

Demiurgic, Inc. ...................... 084–06274 

Elite Transfer Corp ............... 084–06193 

EnDevCo, Inc. ...................... 084–06084 

First National Bank of 

Omaha .............................. 084–06174 

First National Bank of Sioux 

Falls ................................... 084–06228 

Fund Dynamics, LLC ............ 084–06208 

Hiko Bell Mining & Oil Company .................................. 084–05445 

Holladay Stock Transfer, Inc. 084–01822 

Integrity Stock Transfer ........ 084–06113 

Intercontinental Registrar & 

Transfer Agency, Inc. ........ 084–01123 

Investor Data Services ......... 084–01425 

Johnson, Lawrence & Associates ................................. 084–05831 

Karrison Compagnie Inc. ...... 084–06046 

Life Sciences Research ........ 084–06094 

LM Anderson Securities, LLC 084–06257 

Matrix Capital Group Inc. ..... 084–06122 

Premier Stock Transfer, LLC 084–06518 

Progressive Transfer, Inc. .... 084–06268 

Quads Trust Company ......... 084–05621 

Repository & Related Services, LLC ........................... 084–06500 

Signal Stock Transfer, Inc. ... 084–06360 

Standard Transfer & Trust 

Co., Inc. ............................. 084–05819 

Superior Stock Transfer, Inc. 084–06121 

Thermal Energy Storage Inc. 084–01300 

U.S. Stock Transfer Corp. .... 084–06293 

U.S. Trust & Transfer Co. .... 084–05663 

Valley Forge Management 

Corp .................................. 084–00012 

Wall Street Stock Transfer 

Corporation ....................... 084–06246 

[FR Doc. 2018–12157 Filed 6–5–18; 8:45 am] 

BILLING CODE P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83350; File No. SR– 

NYSENAT–2018–09] 

Self-Regulatory Organizations; NYSE 

National, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Establish the NYSE 

National BBO, NYSE National Trades 

and NYSE National Integrated Feed 

Market Data Feeds 

May 31, 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 May 18, 

2018, NYSE National, Inc. (the 

‘‘Exchange’’ or ‘‘NYSE National’’) filed 

with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I and II 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. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to establish 

the NYSE National BBO (‘‘NYSE 

National BBO’’), NYSE National Trades 

(‘‘NYSE National Trades’’) and NYSE 

National Integrated Feed (‘‘NYSE 

National Integrated Feed’’) market data 

feeds. The proposed rule change is 

available on the Exchange’s website 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. 


daltland on DSKBBV9HB2PROD with NOTICES
Federal Register / Vol. 83, No. 109 / Wednesday, June 6, 2018 / Notices 26333 

3 15 U.S.C. 78f(b). 

4 15 U.S.C. 78f(b)(5). 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to establish 

NYSE National BBO, NYSE National 

Trades and NYSE National Integrated 

Feed (‘‘NYSE National Market Data 

Feeds’’). 

NYSE National BBO 

NYSE National BBO is a NYSE 

National-only market data feed that 

provides vendors and subscribers on a 

real-time basis with the same best-bidand-offer information that NYSE 

National reports under the Consolidated 

Quotation Plan (‘‘CQ Plan’’) and the 

Plan Governing the Collection, 

Consolidation, and Dissemination of 

Quotation and Transaction Information 

for Nasdaq-Listed Securities Traded on 

Exchanges on an Unlisted Trading 

Privilege Basis (‘‘OTC UTP Plan’’). 

NYSE National BBO would include the 

best bids and offers (‘‘NYSE National 

BBO Information’’) for all securities that 

are traded on the Exchange. NYSE 

National will make the NYSE National 

BBO available over a single data feed, 

regardless of the markets on which the 

securities are listed. 

NYSE National BBO would allow 

vendors, broker-dealers, and others 

(‘‘NYSE National Vendors’’) to consume 

and make available NYSE National BBO 

Information on a real-time basis. NYSE 

National Vendors may distribute the 

NYSE National BBO to both 

professional and non-professional 

subscribers. The Exchange would make 

NYSE National BBO Information 

available through the NYSE National 

BBO data feed no earlier than it makes 

that information available to the 

processor under the CQ Plan or the OTC 

UTP Plan, as applicable. 

NYSE National Trades 

NYSE National Trades is a NYSE 

National-only market data feed that 

provides vendors and subscribers on a 

real-time basis with the same last sale 

information that NYSE National reports 

under the Consolidated Tape 

Association Plan (‘‘CTA Plan’’) and the 

OTC UTP Plan for inclusion in the 

consolidated feeds. NYSE National 

Trades would include the real-time last 

sale price, time and size information 

(‘‘NYSE National Last Sale 

Information’’) for all securities that are 

traded on the Exchange. NYSE National 

will make the NYSE National Trades 

available over a single data feed, 

regardless of the markets on which the 

securities are listed. 

NYSE National Trades would allow 

NYSE National Vendors to consume and 

make available NYSE National Last Sale 

Information on a real-time basis. NYSE 

National Vendors may distribute the 

NYSE National Trades to both 

professional and non-professional 

subscribers. The Exchange would make 

NYSE National Last Sale Information 

available through the NYSE National 

Trades data feed no earlier than it makes 

that information available to the 

processor under the CTA Plan or the 

OTC UTP Plan, as applicable. In 

addition to the information that the 

Exchange provides to the processor, 

NYSE National Last Sale Information 

will also include a unique sequence 

number that the Exchange assigns to 

each trade and that allows an investor 

to track the context of a trade through 

other Exchange market data products. 

NYSE National Integrated Feed 

NYSE National Integrated Feed is a 

NYSE National-only market data feed 

that would provide vendors and 

subscribers on a real-time basis with a 

unified view of events, in sequence, as 

they appear on the NYSE National 

matching engines. The NYSE National 

Integrated Feed would include depth of 

book order data, last sale data, and 

security status updates (e.g., trade 

corrections and trading halts) and stock 

summary messages. The stock summary 

message would update every minute 

and would include NYSE National’s 

opening price, high price, low price, 

closing price, and cumulative volume 

for a security. The NYSE National 

Integrated Feed would include 

information available to vendors and 

subscribers of NYSE National Trades, a 

service that would make available NYSE 

National last sale information on a realtime basis. 

Offering an integrated product 

addresses requests received from 

vendors and subscribers that would like 

to receive the data described above in an 

integrated fashion. An integrated data 

feed would provide greater efficiencies 

and reduce errors for vendors and 

subscribers that currently choose to 

integrate the data after receiving it from 

the Exchange. The Exchange believes 

that providing vendors and subscribers 

with the option of a market data product 

that both integrates existing products 

and includes additional market data 

would allow vendors and subscribers to 

choose the best solution for their 

specific businesses. 

The Exchange proposes to offer the 

NYSE National Market Data Feeds 

through the Exchange’s Liquidity Center 

Network (‘‘LCN’’), a local area network 

in the Exchange’s Mahwah, New Jersey 

data center that is available to users of 

the Exchange’s co-location services. The 

Exchange would also offer the NYSE 

National Market Data Feeds through the 

Exchange’s Secure Financial 

Transaction Infrastructure (‘‘SFTI’’) 

network, through which all other users 

and members access the Exchange’s 

trading and execution systems and other 

proprietary market data products. 

At this time, the Exchange does not 

intend to charge any fees associated 

with the receipt of NYSE National BBO, 

NYSE National Trades or NYSE 

National Integrated Feed. The Exchange 

will submit a proposed rule change to 

the Commission should it determine to 

charge fees associated with the receipt 

of NYSE National BBO, NYSE National 

Trades or NYSE National Integrated 

Feed. The Exchange will announce the 

date that the NYSE National Market 

Data Feeds would be available through 

a NYSE National Market Data Notice. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Act (‘‘Act’’),3 in 

general, and furthers the objectives of 

Section 6(b)(5) of the Act,4 in particular, 

in that it 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 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, and it is not 

designed to permit unfair 

discrimination among customers, 

brokers, or dealers. This proposal is in 

keeping with those principles in that it 

promotes increased transparency 

through the dissemination of the NYSE 

National Market Data Feeds to those 

interested in receiving it. 

The Exchange also believes this 

proposal is consistent with Section 

6(b)(5) of the Act because it protects 

investors and the public interest and 

promotes just and equitable principles 

of trade by providing investors with 

new options for receiving market data as 

requested by market data vendors and 

purchasers. The proposed rule change 

would benefit investors by facilitating 

their prompt access to the real-time 

information contained in the NYSE 

National Market Data Feeds. 

In adopting Regulation NMS, the 

Commission granted self-regulatory 

organizations (‘‘SROs’’) and broker 


daltland on DSKBBV9HB2PROD with NOTICES
26334 Federal Register / Vol. 83, No. 109 / Wednesday, June 6, 2018 / Notices 

5See Securities Exchange Act Release No. 51808 

(June 9, 2005), 70 FR 37496 (June 29, 2005) 

(Regulation NMS Adopting Release). 

6 15 U.S.C. 78f(b)(8). 

7See NYSE Arca BBO, https://www.nyse.com/ 

market-data/real-time/bbo (provides best bid/ask 

quotations for all traded securities). 

8See Nasdaq Basic, http://

www.nasdaqtrader.com/ 

Trader.aspx?id=nasdaqbasic (provides Best Bid and 

Offer and Last Sale Information). 

9See Cboe Top, https://markets.cboe.com/us/ 

equities/market_data_products/ (provides real-time 

top-of-book quotations, matched trade price, 

volume and execution time). 

10See NYSE Arca Trades, https://www.nyse.com/ 

market-data/real-time/trades (provides real-time 

Last Sale information for all traded securities). 

11See Nasdaq Basic, http://

www.nasdaqtrader.com/ 

Trader.aspx?id=nasdaqbasic (provides Best Bid and 

Offer and Last Sale Information). 

12See Cboe Last Sale, https://markets.cboe.com/ 

us/equities/market_data_products/. (provides realtime matched trade price, volume and execution 

time). 

13See NYSE Arca Integrated Feed, https://

www.nyse.com/market-data/real-time/integratedfeed (provides a comprehensive order-by-order 

view of events in the equities market, including 

depth of book, trades, order imbalance data, and 

security status messages). 

14See Nasdaq TotalView-ITCH, http://

www.nasdaqtrader.com/Trader.aspx?id=Totalview2 

(displays the full order book depth for Nasdaq 

market participants and also disseminates the Net 

Order Imbalance Indicator (NOII) for the Nasdaq 

Opening and Closing Crosses and Nasdaq IPO/Halt 

Cross). 

15See Cboe Depth, https://markets.cboe.com/us/ 

equities/market_data_products/ (provides real-time, 

depth-of-book quotations and execution 

information). 

16 15 U.S.C. 78s(b)(3)(A)(iii). 

17 17 CFR 240.19b–4(f)(6). 

18 17 CFR 240.19b–4(f)(6). 

19 17 CFR 240.19b–4(f)(6)(iii). 

20 In considering the Exchange’s request to waive 

the requirement of the 30-day operative delay, the 

Commission has considered, in addition to the 

protection of investors, the impact on efficiency, 

competition, and capital formation. 15 U.S.C. 78c(f). 

dealers increased authority and 

flexibility to offer new and unique 

market data to consumers of such data. 

It was believed that this authority would 

expand the amount of data available to 

users and consumers of such data and 

also spur innovation and competition 

for the provision of market data. The 

Exchange believes that the NYSE 

National Market Data Feeds are 

precisely the sort of market data 

products that the Commission 

envisioned when it adopted Regulation 

NMS. The Commission concluded that 

Regulation NMS would itself further the 

Act’s goals of facilitating efficiency and 

competition: 

Efficiency is promoted when brokerdealers who do not need the data 

beyond the prices, sizes, market center 

identifications of the NBBO and 

consolidated last sale information are 

not required to receive (and pay for) 

such data. The Commission also 

believes that efficiency is promoted 

when broker-dealers may choose to 

receive (and pay for) additional market 

data based on their own internal 

analysis of the need for such data.5

The Exchange further notes that the 

existence of alternatives to the 

Exchange’s product, including real-time 

consolidated data, free delayed 

consolidated data, and proprietary data 

from other sources, as well as the 

continued availability of the Exchange’s 

separate data feeds, ensures that the 

Exchange is not unreasonably 

discriminatory because vendors and 

subscribers can elect these alternatives 

as their individual business cases 

warrant. 

The NYSE National Market Data 

Feeds will help to protect a free and 

open market by providing additional 

data to the marketplace and by giving 

investors greater choices. In addition, 

the proposal would not permit unfair 

discrimination because the products 

will be available to all of the Exchange’s 

customers and broker-dealers through 

both the LCN and SFTI. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

In accordance with Section 6(b)(8) of 

the Act,6 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. 

Because other exchanges already offer 

similar products, the Exchange’s 

proposed NYSE National Market Data 

Feeds will enhance competition. For 

example, NYSE National BBO would 

provide an alternative to NYSE Arca 

BBO,7 offered by the Exchange’s 

affiliate, NYSE Arca, Inc. (‘‘NYSE 

Arca’’), Nasdaq Basic,8 offered by The 

Nasdaq Stock Market, Inc. (‘‘Nasdaq’’), 

and Cboe Top,9 offered by Cboe Global 

Markets, Inc. (‘‘Cboe’’). Additionally, 

NYSE National Trades would provide 

an alternative to NYSE Arca Trades,10

offered by NYSE Arca, Nasdaq Basic,11

offered by Nasdaq, and Cboe Last Sale,12

offered by Cboe. Finally, NYSE National 

Integrated Feed would provide an 

alternative to NYSE Arca Integrated 

Feed,13 offered by NYSE Arca, Nasdaq 

TotalView-Itch,14 offered by Nasdaq, 

and Cboe Depth,15 offered by Cboe. 

The NYSE National Market Data 

Feeds provide investors with new 

options for receiving market data, which 

was a primary goal of the market data 

amendments 

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 Exchange has filed the proposed 

rule change pursuant to Section 

19(b)(3)(A)(iii) of the Act 16 and Rule 

19b–4(f)(6) thereunder.17 Because the 

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 

prior to 30 days from the date on which 

it was filed, or such shorter time as the 

Commission may designate, if 

consistent with the protection of 

investors and the public interest; 

provided that the SRO 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 the designated by the 

Commission, the proposed rule change 

has become effective pursuant to 

Section 19(b)(3)(A) of the Act and Rule 

19b–4(f)(6)(iii) thereunder. 

A proposed rule change filed under 

Rule 19b–4(f)(6) 18 normally does not 

become operative prior to 30 days after 

the date of the filing. However, pursuant 

to Rule 19b4(f)(6)(iii),19 the Commission 

may 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 both the five day pre-filing 

requirement and the 30-day operative 

delay so that the proposal may become 

operative immediately upon filing. The 

Exchange stated its belief such waivers 

would be consistent with the protection 

of investors and the public interest 

because the waiver of the pre-filing 

requirement and the operative delay 

would allow the Exchange to provide 

the NYSE National Market Data Feeds 

immediately upon launch of NYSE 

National. The Commission grants the 

Exchange’s request for waivers of the 

pre-filing requirement and the operative 

delay 20 because the waivers would 

permit the Exchange to begin offering its 

proprietary market data products, which 

would be comparable to those offered by 

other exchanges, to interested market 


daltland on DSKBBV9HB2PROD with NOTICES
Federal Register / Vol. 83, No. 109 / Wednesday, June 6, 2018 / Notices 26335 

21 15 U.S.C. 78s(b)(2)(B). 

22 17 CFR 200.30–3(a)(12). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

participants concurrent with the relaunch of the Exchange. 

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. If the 

Commission takes such action, the 

Commission shall institute proceedings 

under Section 19(b)(2)(B) of the Act 21 to 

determine whether the proposed rule 

change 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 rule-comments@

sec.gov. Please include File Number SR– 

NYSENAT–2018–09 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–NYSENAT–2018–09. 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–NYSENAT–2018–09 and 

should be submitted on or before June 

27, 2018. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.22

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–12110 Filed 6–5–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83356; File No. SR–NYSE– 

2018–25] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend Rule 

7.37 and Rule 17 With Respect to NYSE 

National’s Reopening of Trading and 

Reactivating Connection to the 

Securities Information Processors 

May 31, 2018. 

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 18, 

2018, New York Stock Exchange LLC 

(‘‘NYSE’’ or 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 self-regulatory 

organization. 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 the Substance 

of the Proposed Rule Change 

The Exchange proposes to: (1) Amend 

Rule 7.37 to specify in Exchange rules 

the Exchange’s use of data feeds from 

NYSE National, Inc. (‘‘NYSE National’’) 

for order handling and execution, order 

routing, and regulatory compliance; and 

(2) amend Rule 17 to reflect that 

Archipelago Securities LLC (‘‘Arca 

Securities’’) would function as a routing 

broker for the Exchange’s affiliate, NYSE 

National. The proposed rule change is 

available on the Exchange’s website 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 update and 

amend the table in Rule 7.37 that sets 

forth on a market-by-market basis the 

specific network processor and 

proprietary data feeds that the Exchange 

utilizes for the handling, execution and 

routing of orders, and for performing the 

regulatory compliance checks related to 

each of those functions. Specifically, the 

table would be amended to include 

NYSE National, which intends to 

reopen trading and reactivate its 

connections to the securities 

information processors (‘‘SIPs’’). To 

reflect that, the Exchange proposes to 

amend Rule 7.37 to specify which data 

feeds the Exchange would use for NYSE 

National. As proposed, the Exchange 

would use the direct data feeds for 

NYSE National and would use the SIP 

data feeds as a secondary source. 

Additionally, the Exchange proposes 

to amend Rule 17 to reflect that Arca 

Securities would function as a routing 

broker for the Exchange’s affiliate, NYSE 

National. Specifically, the Exchange 

proposes to amend Rule 17(c)(2)(A) and 

(B) to reference NYSE National as an 

affiliate of the Exchange for the 

purposes of the inbound routing 

function performed by Arca Securities. 

The proposed rule change would 

provide more clarity and transparency 

to all the functions that Arca Securities 

performs on behalf of the Exchange and 

its affiliates, which now includes NYSE 


daltland on DSKBBV9HB2PROD with NOTICES