37544 Federal Register / Vol. 83, No. 148 / Wednesday, August 1, 2018 / Notices 

28 15 U.S.C. 78s(b)(3)(A). 

29 17 CFR 240.19b–4(f). 30 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. 83393 

(June 7, 2018), 83 FR 27643 (‘‘Notice’’). 

4See letter to Secretary, Commission, from 

Stephen John Berger, Managing Director, 

Government and Regulatory Policy, Citadel, dated 

July 5, 2018; letter to Robert W. Errett, Deputy 

Secretary, Commission, from Theodore Bragg, Chief 

Executive Officer, Execution Access, LLC, dated 

July 3, 2018; letter to Brent J. Fields, Secretary, 

Commission, from Tyler Gellasch, Executive 

Director, The Healthy Markets Association, dated 

July 5, 2018. 

5 15 U.S.C. 78s(b)(2). 

would promote the prompt and accurate 

clearance and settlement of securities 

transactions consistent with the Act. 

(B) Clearing Agency’s Statement on 

Burden on Competition 

DTC does not believe that the 

proposed rule change would have any 

impact on competition. The proposed 

rule change would merely clarify and 

provide enhanced transparency with 

respect to the DTC Underwriting Service 

by amending the text of the 

Underwriting Guide (i) for enhanced 

readability, transparency and flow of 

content, (ii) to update (a) details on 

existing processes and (b) contact 

information, (iii) for enhanced 

consistency with respect to processes 

and requirements described in other 

Procedures that are related to those set 

forth in the Underwriting Guide, 

specifically the OA and Custody Guide 

and (iv) to make other technical 

changes, as described above, which 

amendments would not significantly 

affect the rights and obligations of users 

of DTC’s services, and would not 

disproportionally impact any users. 

(C) Clearing Agency’s Statement on 

Comments on the Proposed Rule 

Change Received From Members, 

Participants, or Others 

DTC has not received or solicited any 

written comments relating to this 

proposal. DTC will notify the 

Commission of any written comments 

received by DTC. 

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 28 and paragraph (f) of Rule 

19b–4 thereunder.29 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. 

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– 

DTC–2018–004 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549. 

All submissions should refer to File 

Number SR–DTC–2018–004. 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 DTC and on DTCC’s website 

(http://dtcc.com/legal/sec-rulefilings.aspx). 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–DTC– 

2018–004 and should be submitted on 

or before August 22, 2018. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.30

Robert W. Errett, 

Deputy Secretary. 

[FR Doc. 2018–16418 Filed 7–31–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83722; File No. SR–FINRA– 

2018–023] 

Self-Regulatory Organizations; 

Financial Industry Regulatory 

Authority, Inc.; Notice of Designation 

of a Longer Period for Commission 

Action on a Proposed Rule Change 

Relating to ATS Reporting of 

Transactions to TRACE in U.S. 

Treasury Securities 

July 26, 2018. 

On June 5, 2018, the Financial 

Industry Regulatory Authority, Inc. 

(‘‘FINRA’’) 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 amend FINRA 

Rule 6730 to require certain alternative 

trading systems (‘‘ATSs’’) that report 

transactions in U.S. Treasury Securities 

to the Transaction Reporting and 

Compliance Engine (‘‘TRACE’’) to 

identify non-FINRA-member subscribers 

on those transaction reports. The 

proposed rule change was published for 

comment in the Federal Register on 

June 13, 2018.3 The Commission 

received three comments regarding the 

proposed rule change.4

Section 19(b)(2) of the Act 5 provides 

that, within 45 days of the publication 

of notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day for this filing 

is July 28, 2018. 

The Commission notes that Section 

19(b)(5) of the Act requires the 

Commission to ‘‘consult with and 

consider the views of the Secretary of 


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Federal Register / Vol. 83, No. 148 / Wednesday, August 1, 2018 / Notices 37545 

6 15 U.S.C. 78s(b)(5). 

7 15 U.S.C. 78s(b)(2). 

8 17 CFR 200.30–3(a)(31). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4The Exchange initially filed rule changes 

relating to its co-location services with the 

Commission in 2010. See Securities Exchange Act 

Release No. 63275 (November 8, 2010), 75 FR 70048 

(November 16, 2010) (SR–NYSEArca–2010–100). 

The Exchange operates a data center in Mahwah, 

New Jersey (the ‘‘data center’’) from which it 

provides co-location services to Users. 

5 In order to effect the Transaction, a whollyowned subsidiary of the Exchange’s direct parent 

company, NYSE Group, Inc., would merge with and 

into CHX Holdings, with CHX Holdings continuing 

as the surviving corporation. See Securities 

Exchange Act Release Nos. 83635 (July 13, 2018) 

(SR–CHX–2018–004), and 83303 (May 22, 2018), 83 

FR 24517 (May 29, 2018) (SR–CHX–2018–004). 

CHX would also become an affiliate of the 

Exchange’s affiliates the New York Stock Exchange 

LLC (‘‘NYSE’’), NYSE American LLC (‘‘NYSE 

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

National’’ and, together, the ‘‘Affiliate SROs’’). 

6For purposes of the Exchange’s co-location 

services, a ‘‘User’’ means any market participant 

that requests to receive co-location services directly 

from the Exchange. See Securities Exchange Act 

Release No. 76010 (September 29, 2015), 80 FR 

60197 (October 5, 2015) (SR–NYSEArca–2015–82). 

As specified in the Fee Schedules, a User that 

incurs co-location fees for a particular co-location 

service pursuant thereto would not be subject to colocation fees for the same co-location service 

charged by the Affiliate SROs. See Securities 

Exchange Act Release No. 70173 (August 13, 2013), 

78 FR 50459 (August 19, 2013) (SR–NYSEArca–

2013–80). 

7See Securities Exchange Act Release No. 79729 

(January 4, 2017), 82 FR 3061 (January 10, 2017) 

(SR–NYSEArca–2016–172). 

8 Id. Included Data Products are listed in the Fee 

Schedules under General Note 4. 

the Treasury prior to approving a 

proposed rule filed by a registered 

securities association that primarily 

concerns conduct related to transactions 

in government securities.’’ 6 The 

Commission finds that it is appropriate 

to designate a longer period within 

which to take action on the proposed 

rule change in order to consider fully 

the comments received on the proposal 

and to complete the consultation 

process required under Section 19(b)(5). 

Accordingly, pursuant to Section 

19(b)(2) of the Act,7 the Commission 

designates September 11, 2018, as the 

date by which the Commission shall 

either approve or disapprove, or 

institute proceedings to determine 

whether to disapprove, the proposed 

rule change (File No. SR–FINRA–2018– 

023). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Robert W. Errett, 

Deputy Secretary. 

[FR Doc. 2018–16426 Filed 7–31–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83716; File No. SR– 

NYSEARCA–2018–53] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Amend the NYSE Arca 

Options Fees and Charges and the 

NYSE Arca Equities Fees and Charges 

Related to Co-Location Services in 

Connection With a Proposed 

Transaction With the Chicago Stock 

Exchange, Inc. Exchange and Its 

Parent, CHX Holdings, Inc. 

July 26, 2018. 

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

Securities Exchange Act of 1934 

(‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on July 16, 

2018, NYSE Arca, Inc. (‘‘Exchange’’ or 

‘‘NYSE Arca’’) 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 Substance of 

the Proposed Rule Change 

The Exchange proposes to amend the 

NYSE Arca Options Fees and Charges 

(the ‘‘Options Fee Schedule’’) and the 

NYSE Arca Equities Fees and Charges 

(the ‘‘Equities Fee Schedule’’ and, 

together with the Options Fee Schedule, 

the ‘‘Fee Schedules’’) related to colocation services in connection with a 

proposed transaction (‘‘Transaction’’) 

whereby the Chicago Stock Exchange, 

Inc. (‘‘CHX’’) Exchange and its parent, 

CHX Holdings, Inc. (‘‘CHX Holdings’’), 

would become indirect subsidiaries of 

Intercontinental Exchange, Inc. (‘‘ICE’’), 

the Exchange’s indirect parent, and 

affiliates of the Exchange. The Exchange 

also proposes to make a non-substantive 

change to the Fee Schedules. 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 the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend the 

Fee Schedules related to co-location 4

services in connection with the 

proposed Transaction whereby CHX and 

its parent, CHX Holdings, would 

become indirect subsidiaries of ICE, the 

Exchange’s indirect parent, and 

affiliates of the Exchange.5 The 

Exchange also proposes to make a nonsubstantive change to the Fee 

Schedules. 

The Exchange proposes that the 

proposed rule change become operative 

upon the closing of the Transaction. 

General Note 4 

Pursuant to General Note 4 of the Fee 

Schedules, when a User 6 purchases 

access to the Liquidity Center Network 

(‘‘LCN’’) or the internet protocol (‘‘IP’’) 

network, the two local area networks 

available in the data center,7 a User 

receives (a) the ability to access the 

trading and execution systems of the 

Exchange and the Affiliate SROs 

(‘‘Exchange Systems’’), and (b) 

connectivity to any of the listed data 

products (‘‘Included Data Products’’) 

that it selects. The majority of the 

Included Data Products are proprietary 

feeds of the Exchange and the Affiliate 

SROs.8

Upon the closing of the Transaction, 

CHX will be an affiliate of both the 

Exchange and the Affiliate SROs. 

Consistent with the treatment of the 

Exchange’s and the Affiliate SROs’ 

trading and execution systems and data 

products, the Exchange proposes to 

expand the definition of Exchange 

Systems to incorporate CHX’s trading 

and execution systems, and to add 

CHX’s data products to the table of 

Included Data Products. In order to 

make the change, the Exchange 

proposes to add CHX to the list of 

trading and execution system providers 

in the first sentence of the first 

paragraph and add CHX to the lists of 


sradovich on DSK3GMQ082PROD with NOTICES