45472 Federal Register / Vol. 83, No. 174 / Friday, September 7, 2018 / Notices 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(6)(iii). 

• Federal Rulemaking Website: Go to 

http://www.regulations.gov and search 

for Docket ID NRC–2018–0035. 

NRC’s Agencywide Documents Access 

and Management System (ADAMS): 

You may obtain publicly-available 

documents online in the ADAMS Public 

Documents collection at http://

www.nrc.gov/reading-rm/adams.html. 

To begin the search, select ‘‘Begin Webbased ADAMS Search.’’ For problems 

with ADAMS, please contact the NRC’s 

Public Document Room (PDR) reference 

staff at 1–800–397–4209, 301–415–4737, 

or by email to pdr.resource@nrc.gov. A 

copy of the collection of information 

and related instructions may be 

obtained without charge by accessing 

ADAMS Accession No. ML18135A182. 

The supporting statement is available in 

ADAMS under Accession No. 

ML18135A184. 

• NRC’s PDR: You may examine and 

purchase copies of public documents at 

the NRC’s PDR, Room O1–F21, One 

White Flint North, 11555 Rockville 

Pike, Rockville, Maryland 20852. 

• NRC’s Clearance Officer: A copy of 

the collection of information and related 

instructions may be obtained without 

charge by contacting NRC’s Clearance 

Officer, David Cullison, Office of the 

Chief Information Officer, U.S. Nuclear 

Regulatory Commission, Washington, 

DC 20555–0001; telephone: 301–415– 

2084; email: Infocollects.Resource@

nrc.gov. 

B. Submitting Comments 

Please include Docket ID NRC–2018– 

0035 in the subject line of your 

comment submission, in order to ensure 

that the NRC is able to make your 

comment submission available to the 

public in this docket. 

The NRC cautions you not to include 

identifying or contact information in 

comment submissions that you do not 

want to be publicly disclosed in your 

comment submission. The NRC will 

post all comment submissions at http:// 

www.regulations.gov as well as enter the 

comment submissions into ADAMS, 

and the NRC does not routinely edit 

comment submissions to remove 

identifying or contact information. 

If you are requesting or aggregating 

comments from other persons for 

submission to the NRC, then you should 

inform those persons not to include 

identifying or contact information that 

they do not want to be publicly 

disclosed in their comment submission. 

Your request should state that the NRC 

does not routinely edit comment 

submissions to remove such information 

before making the comment 

submissions available to the public or 

entering the comment into ADAMS. 

II. Background 

In accordance with the Paperwork 

Reduction Act of 1995 (44 U.S.C. 

Chapter 35), the NRC is requesting 

public comment on its intention to 

request the OMB’s approval for the 

information collection summarized in 

this notice. 

1. The title of the information 

collection: NRC Form 664, ‘‘General 

Licensee Registration.’’ 

2. OMB approval number: 3150–0198. 

3. Type of submission: Revision. 

4. The form number, if applicable: 

NRC Form 664. 

5. How often the collection is required 

or requested: Annually. 

6. Who will be required or asked to 

respond: General Licensees of the NRC 

who possess certain generally licensed 

devices subject to annual registration 

authorized pursuant to section 31.5 of 

title 10 of the Code of Federal 

Regulations (10 CFR). 

7. The estimated number of annual 

responses: 525. 

8. The estimated number of annual 

respondents: 525. 

9. The estimated number of hours 

needed annually to comply with the 

information collection requirement or 

request: 175 hours (525 annual 

responses × 1⁄3 hour). 

10. Abstract: NRC Form 664 is used 

by NRC general licensees to make 

reports regarding certain generally 

licensed devices subject to annual 

registration. The registration program 

allows NRC to better track general 

licensees, so that they can be contacted 

or inspected as necessary, and to make 

sure that generally licensed devices can 

be identified even if lost or damaged. 

Also, the registration program ensures 

that general licensees are aware of and 

understand the requirements for the 

possession, use, and disposal of devices 

containing byproduct material. Greater 

awareness helps to ensure that general 

licensees will comply with the 

regulatory requirements for proper 

handling and disposal of generally 

licensed devices and would reduce the 

potential for incidents that could result 

in unnecessary radiation exposure to the 

public and contamination of property. 

III. Specific Requests for Comments 

The NRC is seeking comments that 

address the following questions: 

1. Is the proposed collection of 

information necessary for the NRC to 

properly perform its functions? Does the 

information have practical utility? 

2. Is the estimate of the burden of the 

information collection accurate? 

3. Is there a way to enhance the 

quality, utility, and clarity of the 

information to be collected? 

4. How can the burden of the 

information collection on respondents 

be minimized, including the use of 

automated collection techniques or 

other forms of information technology? 

Dated at Rockville, Maryland, this 4th day 

of September 2018. 

For the Nuclear Regulatory Commission. 

David C. Cullison, 

NRC Clearance Officer, Office of the Chief 

Information Officer. 

[FR Doc. 2018–19417 Filed 9–6–18; 8:45 am] 

BILLING CODE 7590–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–84011; File No. SR– 

CboeEDGX–2018–038] 

Self-Regulatory Organizations; Cboe 

EDGX Exchange, Inc.; Notice of Filing 

and Immediate Effectiveness of a 

Proposed Rule Change To Expand the 

Types of Messages That Users May 

Submit Into Bulk Order Ports 

August 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 August 

24, 2018, Cboe EDGX Exchange, Inc. 

(the ‘‘Exchange’’ or ‘‘EDGX’’) 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 Exchange. The 

Exchange has designated this proposal 

as a ‘‘non-controversial’’ proposed rule 

change pursuant to Section 19(b)(3)(A) 

of the Act 3 and Rule 19b–4(f)(6)(iii) 

thereunder,4 which renders it effective 

upon filing with the Commission. 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 is proposing to expand 

the types of messages that Users may 

submit into bulk order ports. 

The text of the proposed rule change 

is available at the Exchange’s website at 

www.markets.cboe.com, at the principal 

office of the Exchange, and at the 

Commission’s Public Reference Room. 


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Federal Register / Vol. 83, No. 174 / Friday, September 7, 2018 / Notices 45473 

5An order designated as ‘‘Day’’ means a limit 

order to buy or sell that, if not executed expires at 

market close. See Rule 21.1(f)(3). 

6An order designated as ‘‘GTD’’ means an order 

(or unexecuted portion) that will remain available 

for potential display and/or execution for the 

amount of time specified by the entering User 

unless cancelled by the entering party. See Rule 

21.1(f)(1). 

7A ‘‘Post Only Order’’ is an order that is to be 

ranked and executed on the Exchange pursuant to 

Rule 21.8 (Order Display and Book Processing) or 

cancelled, as appropriate, without routing away to 

another options exchange except that the order will 

not remove liquidity from the EDGX Options Book. 

A Post Only Order that is not subject to the Price 

adjust process that would lock or cross a Protected 

Quotation of another options exchange or the 

Exchange will be cancelled. See Rule 21.1(d)(8). 

8See Rules 21.18 (Step Up Mechanism (‘‘SUM’’), 

pursuant to which eligible marketable orders are 

auctioned when the Exchange’s disseminated quote 

is not at the national best bid or offer (‘‘NBBO’’)); 

21.19 (Bats Auction Mechanism (‘‘BAM’’), pursuant 

to which a Member may submit an eligible order 

paired with contra interest for potential price 

improvement); and 21.20(d) (Complex Order 

Auction (‘‘COA’’), pursuant to which eligible 

complex orders are auctioned for execution and 

potential price improvement). 

9See Rules 21.18(b) (the Exchange exposes orders 

received by SUM); 21.19(b)(1)(C) (the Exchange 

sends an auction notification message when it 

receives an order for BAM processing); and 

21.20(d)(2) (the Exchange initiates the COA process 

by sending a COA auction message). 

10See Rules 21.18(b)(3), 21.19(b)(5), and 

21.20(d)(4). 

11See, e.g., Rules 21.16 and 21.17 and technical 

specifications available at http://markets.cboe.com/ 

us/options/support/technical/. 

12These technical specifications are available at 

http://markets.cboe.com/us/options/support/ 

technical/. 

13The Exchange notes certain Market-Makers 

currently only have bulk order ports, and thus are 

unable to provide liquidity to auction mechanisms 

without obtaining additional non-bulk order ports. 

14 15 U.S.C. 78f(b). 

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

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 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 proposed rule change expands 

the types of messages that Users may 

submit into bulk order ports. A bulk 

order port is a logical port that provides 

Users with the ability to submit bulk 

messages to enter, modify, or cancel 

orders designated as Post Only Orders, 

provided such orders are entered with a 

Time-in-Force of Day 5 or GTD 6 with an 

expiration time on that trading day. Post 

Only Orders 7 with a Time-in-Force of 

Day or GTD are orders that will be 

posted to and displayed by the 

Exchange, rather than removing 

liquidity or routing to another options 

exchange. The Exchange currently 

limits the use of bulk order ports to 

these orders to limit the use of these 

ports to liquidity provision. The 

primary purpose of bulk order ports is 

to encourage Users, and Market-Makers 

in particular, to quote on the Exchange. 

As a general matter, however, the 

overall purpose of bulk order ports is to 

allow Users to bundle multiple 

instructions in a single message and 

provide all Users (not just MarketMakers) with an efficient way to provide 

liquidity on the Exchange. 

The proposed rule change permits 

Users to submit auction responses into 

bulk order ports, in addition to Post 

Only Orders with a Time-in-Force of 

Day or GTD with an expiration time on 

that trading day. The Exchange offers 

various auction mechanisms that 

provide Users with additional execution 

opportunities and potential price 

improvement for their orders.8 When 

the Exchange initiates an auction, it 

disseminates messages that contain the 

relevant information about the auction 

order.9 The purpose of these messages is 

to encourage Users to provide liquidity 

against which the auctioned orders may 

trade. Users submit this liquidity in the 

form of auction responses. Like Post 

Only Orders with a Time-in-Force of 

Day or GTD with an expiration time on 

the applicable trading day, auction 

responses will not remove liquidity 

from the Exchange order book or route 

to another options exchange. Auction 

responses are similarly available for 

execution for a limited time period. 

Unexecuted auction responses are 

cancelled at the end of the auction, and 

thus do not last beyond the auction to 

which they were submitted.10 Because 

the purpose of auction responses is to 

provide liquidity, which is the purpose 

of bulk order ports, the Exchange 

believes it is appropriate to permit Users 

to submit auction responses into bulk 

order ports. 

Orders submitted to the Exchange 

through all ports are subject to various 

parameters, such as price reasonability 

checks and volume restrictions.11 These 

parameters may be configured either by 

the Exchange or the Member. Orders are 

also subject to other validation checks 

and processes before execution, entry 

into the book, or cancellation. Examples 

of such validation checks include 

validating an order’s Capacity, Time-inForce, order instructions, and routing 

options. While orders submitted 

through bulk order ports pass through 

these same validation checks and 

processes, they are not subject to 

parameters such as routing options and 

are restricted to one order instruction 

and two Time-in-Force options. As a 

result, the System can perform these 

validation checks with respect to orders 

submitted through bulk order ports in a 

more efficient manner. 

Pursuant to Exchange technical 

specifications,12 the order messages per 

second that a User may submit through 

a non-bulk order port is smaller than the 

order messages per second that a User 

may submit through a bulk order port. 

The Exchange understands from certain 

Members that they may restrict the 

number of auction response messages 

they submit to avoid having to obtain 

additional ports. The Exchange believes 

permitting Users to submit auction 

responses through bulk order ports will 

encourage Users to provide increased 

liquidity to auction mechanisms in a 

more cost-efficient manner. While bulk 

order ports have a higher monthly cost, 

the higher order message/second rate 

may ultimately be more cost-efficient 

than a User having to obtain multiple 

additional non-bulk ports to 

accommodate the submission of auction 

responses. Additionally, Users that have 

both bulk and non-bulk order ports 

would be able to increase their 

submission of auction responses 

without additional monthly fees.13

2. Statutory Basis 

The Exchange believes the proposed 

rule change is consistent with the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) and the rules and regulations 

thereunder applicable to the Exchange 

and, in particular, the requirements of 

Section 6(b) of the Act.14 Specifically, 

the Exchange believes the proposed rule 

change is consistent with the Section 

6(b)(5) 15 requirements that the rules of 

an exchange be 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 


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45474 Federal Register / Vol. 83, No. 174 / Friday, September 7, 2018 / Notices 

16 Id. 

17 15 U.S.C. 78s(b)(3)(A)(iii). 

18 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6)(iii) requires a self-regulatory organization to 

give 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 designated by the Commission. The Exchange 

has satisfied this requirement. 19 17 CFR 200.30–3(a)(12). 

open market and a national market 

system, and, in general, to protect 

investors and the public interest. 

Additionally, the Exchange believes the 

proposed rule change is consistent with 

the Section 6(b)(5) 16 requirement that 

the rules of an exchange not be designed 

to permit unfair discrimination between 

customers, issuers, brokers, or dealers. 

In particular, the Exchange believes 

the proposed rule change protects 

investors and the public interest 

because it provides all Users with an 

efficient process to enter and update 

auction responses. Like quoting, auction 

responses are a critical form of liquidity 

on the Exchange. Auction mechanisms 

and the execution and price 

improvement opportunities they 

provide are dependent on auction 

responses submitted during the 

auctions. Permitting Users to submit 

auction responses into bulk order ports 

is consistent with the purpose of these 

ports and have a similar purpose as the 

orders that Users are currently 

permitted to enter into bulk order ports. 

The Exchange believes the proposed 

rule change may encourage the 

provision of additional liquidity in 

auctions, which will provide additional 

execution and price improvement 

opportunities to auctioned orders, 

which ultimately benefit investors. 

(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 that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

Exchange does not believe the proposed 

rule change will impose any burden on 

intramarket competition, as the use of 

bulk order ports and the proposed 

functionality is voluntary and available 

to all Users of the Exchange. Bulk order 

entry functionality is available to all 

Users of the Exchange, as is the 

proposed functionality to submit 

auction responses into bulk order ports. 

Users may already submit auction 

responses to the Exchange using other 

types of ports—the proposed rule 

change merely provides Users of the 

Exchange with an additional method to 

submit auction responses to the 

Exchange. The Exchange does not 

believe the proposed rule change will 

have any direct impact on intermarket 

competition, as the proposed rule 

change relates solely to the manner in 

which Users may submit auction 

responses into auctions occurring on the 

Exchange. 

(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 

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 from the date on 

which it was filed, or such shorter time 

as the Commission may designate, it has 

become effective pursuant to Section 

19(b)(3)(A)(iii) of the Act 17 and 

subparagraph (f)(6) of Rule 19b–4 

thereunder.18

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: (i) Necessary or appropriate in 

the public interest; (ii) for the protection 

of investors; or (iii) 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 rule-comments@

sec.gov. Please include File Number SR– 

CboeEDGX–2018–038 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–CboeEDGX–2018–038. 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–CboeEDGX–2018–038 and 

should be submitted on or before 

September 28, 2018. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.19

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–19375 Filed 9–6–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

33216] 

Notice of Applications for 

Deregistration Under Section 8(f) of the 

Investment Company Act of 1940 

August 31, 2018. 

The following is a notice of 

applications for deregistration under 

section 8(f) of the Investment Company 

Act of 1940 for the month of August 

2018. A copy of each application may be 

obtained via the Commission’s website 


daltland on DSKBBV9HB2PROD with NOTICES