28894 Federal Register / Vol. 83, No. 120 / Thursday, June 21, 2018 / Notices 

11 15 U.S.C. 78s(b)(3)(A). 

12 17 CFR 240.19b–4(f). 13 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 82350 

(Dec. 19, 2017), 82 FR 61100 (Dec. 26, 2017). 

4 15 U.S.C. 78s(b)(2). 

5See Securities Exchange Act Release No. 82602 

(Jan. 30, 2018), 83 FR 4941 (Feb. 2, 2018). 

6 15 U.S.C. 78s(b)(2)(B). 

7See Securities Exchange Act Release No. 82939 

(Mar. 23, 2018), 83 FR 13537 (Mar. 29, 2018). 

Specifically, the Commission instituted proceedings 

to allow for additional analysis of the proposed rule 

change’s consistency with Section 6(b)(5) of the 

Act, which requires, among other things, that the 

rules of a national securities exchange be ‘‘designed 

to prevent fraudulent and manipulative acts and 

practices, to promote just and equitable principles 

of trade,’’ and ‘‘to protect investors and the public 

interest.’’ See id. at 13538 (citing 15 U.S.C. 

78f(b)(5)). 

8See Letters from Abe Kohen, AK Financial 

Engineering Consultants, LLC (Dec. 27, 2017); Anita 

Desai (Apr. 6, 2018); Ed Kaleda (Apr. 6, 2018); Scott 

Moberg (Apr. 6, 2018); Adam Malkin (Apr. 8, 2018); 

Gisan Mohammed (Apr. 11, 2018); Shravan Kumar 

(Apr. 11, 2018); Louise Fitzgerald (Apr. 19, 2018); 

proposed change represents a significant 

departure from pricing offered by the 

Exchange’s affiliates. Additionally, 

TPHs may opt to disfavor the 

Exchange’s pricing if they believe that 

alternatives offer them better value. 

Accordingly, the Exchange does not 

believe that the proposed change will 

impair the ability of TPHs or competing 

venues to maintain their competitive 

standing in the financial markets. The 

Exchange believes that fees for 

connectivity are constrained by the 

robust competition for order flow among 

exchanges and non-exchange markets. 

Further, excessive fees for connectivity, 

would serve to impair an exchange’s 

ability to compete for order flow rather 

than burdening competition. The 

Exchange also does not believe the 

proposed rule change would impact 

intramarket competition as it would 

apply to all TPHs and non-TPHs 

equally. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange has neither solicited 

nor received written comments on the 

proposed rule change. 

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) 

of the Act 11 and paragraph (f) of Rule 

19b–4 12 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 will institute proceedings 

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– 

C2–2018–014 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–C2–2018–014. 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–C2–2018–014 and should 

be submitted on or before July 12, 2018. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–13304 Filed 6–20–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83452; File No. SR– 

NYSEArca&2017–139] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Designation of a 

Longer Period for Commission Action 

on Proceedings To Determine Whether 

To Approve or Disapprove a Proposed 

Rule Change To List and Trade the 

Shares of the ProShares Bitcoin ETF 

and the ProShares Short Bitcoin ETF 

Under NYSE Arca Rule 8.200–E, 

Commentary .02 

June 15, 2018. 

On December 4, 2017, NYSE Arca, 

Inc. (‘‘NYSE Arca’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 a proposed rule change to 

list and trade the shares of the 

ProShares Bitcoin ETF and the 

ProShares Short Bitcoin ETF under 

NYSE Arca Rule 8.200–E, Commentary 

.02. The proposed rule change was 

published for comment in the Federal 

Register on December 26, 2017.3 On 

January 30, 2018, pursuant to Section 

19(b)(2) of the Act,4 the Commission 

designated a longer period within which 

to approve the proposed rule change, 

disapprove the proposed rule change, or 

institute proceedings to determine 

whether to disapprove the proposed 

rule change.5 On March 23, 2018, the 

Commission instituted proceedings 

under Section 19(b)(2)(B) of the Act 6 to 

determine whether to approve or 

disapprove the proposed rule change.7

The Commission has received 11 

comments on the proposed rule 

change.8


amozie on DSK3GDR082PROD with NOTICES1
Federal Register / Vol. 83, No. 120 / Thursday, June 21, 2018 / Notices 28895 

Joshua Rousseau (Apr. 30, 2018); Thomas W. Fink 

(May 3, 2018); and Sharon Brown-Hruska, 

Managing Director, and Trevor Wagener, 

Consultant, NERA Economic Consulting (May 18, 

2018). All comments on the proposed rule change 

are available on the Commission’s website at: 

https://www.sec.gov/comments/sr-nysearca-2017- 

139/nysearca2017139.htm. 9 15 U.S.C. 78s(b)(2). 

10 Id. 11 17 CFR 200.30–3(a)(57). 

Section 19(b)(2) of the Act 9 provides 

that, after initiating disapproval 

proceedings, the Commission shall issue 

an order approving or disapproving the 

proposed rule change not later than 180 

days after the date of publication of 

notice of filing of the proposed rule 

change. The Commission may extend 

the period for issuing an order 

approving or disapproving the proposed 

rule change, however, by not more than 

60 days if the Commission determines 

that a longer period is appropriate and 

publishes the reasons for such 

determination. The proposed rule 

change was published for notice and 

comment in the Federal Register on 

December 26, 2017. June 24, 2018 is 180 

days from that date, and August 23, 

2018 is 240 days from that date. 

The Commission finds it appropriate 

to designate a longer period within 

which to issue an order approving or 

disapproving the proposed rule change 

so that it has sufficient time to consider 

this proposed rule change. Accordingly, 

the Commission, pursuant to Section 

19(b)(2) of the Act,10 designates August 

23, 2018 as the date by which the 

Commission shall either approve or 

disapprove the proposed rule change 

(File No. SR–NYSEArca–2017–139). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–13301 Filed 6–20–18; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #15559 and #15560; 

NEW HAMPSHIRE Disaster Number NH– 

00043] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of New Hampshire 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a Notice of the 

Presidential declaration of a major 

disaster for Public Assistance Only for 

the State of New Hampshire (FEMA– 

4371–DR), dated 06/08/2018. 

Incident: Severe Winter Storm and 

Snowstorm. 

Incident Period: 03/13/2018 through 

03/14/2018. 

DATES: Issued on 06/08/2018. 

Physical Loan Application Deadline 

Date: 08/07/2018. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 03/08/2019. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street SW, Suite 6050, 

Washington, DC 20416, (202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

President’s major disaster declaration on 

06/08/2018, Private Non-Profit 

organizations that provide essential 

services of a governmental nature may 

file disaster loan applications at the 

address listed above or other locally 

announced locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: Carroll, Rockingham, 

Strafford 

The Interest Rates are: 

Percent 

For Physical Damage: 

Non-Profit Organizations with 

Credit Available Elsewhere ... 2.500 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.500 

For Economic Injury: 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.500 

The number assigned to this disaster 

for physical damage is 15559B and for 

economic injury is 155600. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Rafaela Monchek, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. 2018–13284 Filed 6–20–18; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #15567 and #15568; 

HAWAII Disaster Number HI–00049] 

Presidential Declaration of a Major 

Disaster for the State of Hawaii 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a Notice of the 

Presidential declaration of a major 

disaster for the State of HAWAII 

(FEMA–4366–DR), dated 06/14/2018. 

Incident: Kilauea Volcanic Eruption 

and Earthquakes. 

Incident Period: 05/03/2018 and 

continuing. 

DATES: Issued on 06/14/2018. 

Physical Loan Application Deadline 

Date: 08/13/2018. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 03/14/2019. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street SW, Suite 6050, 

Washington, DC 20416, (202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

President’s major disaster declaration on 

06/14/2018, applications for disaster 

loans may be filed at the address listed 

above or other locally announced 

locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties (Physical Damage and 

Economic Injury Loans): Hawaii 

Contiguous Counties (Economic Injury 

Loans Only): None 

The Interest Rates are: 

Percent 

For Physical Damage: 

Homeowners with Credit Available Elsewhere ...................... 3.875 

Homeowners without Credit 

Available Elsewhere .............. 1.938 

Businesses with Credit Available Elsewhere ...................... 7.220 

Businesses without Credit 

Available Elsewhere .............. 3.610 

Non-Profit Organizations with 

Credit Available Elsewhere ... 2.500 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.500 

For Economic Injury: 

Businesses & Small Agricultural 

Cooperatives without Credit 

Available Elsewhere .............. 3.610 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.500 

The number assigned to this disaster 

for physical damage is 15567D and for 

economic injury is 155680. 


amozie on DSK3GDR082PROD with NOTICES1