46766 Federal Register / Vol. 83, No. 179 / Friday, September 14, 2018 / Notices 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4See NYSE Rule 104(a)(1)(B)(iii) and (iv). 

5See NYSE Arca Rule 7.23–E(a)(1)(B)(iii) and (iv). 

6See NYSE National Rule 7.23(a)(1)(B)(iii) and 

(iv). 

7See Securities Exchange Act Release No. 80577 

(May 2, 2017), 82 FR 21446 (May 8, 2017) (SR– 

NYSEMKT–2017–04). 

Date Title ADAMS 

accession No. 

2/14/2018 .......... Letter from Exelon to NRC titled ‘‘Certification of Permanent Cessation of Power Operations for Oyster 

Creek Nuclear Generating Station’’.

ML18045A084 

5/21/2018 .......... Letter from Exelon to NRC titled ‘‘Oyster Creek Nuclear Generating Station—Post-Shutdown Decommissioning Activities Report’’.ML18141A775 

12/1974 ............. Final Environmental Statement for Oyster Creek Nuclear Generating Station ................................................ ML072200150 

1/2007 ............... NUREG–1437, Supplement 28, ‘‘Generic Environmental Impact Statement for License Renewal of Nuclear 

Plants: Regarding Oyster Creek Nuclear Generating Station,’’ Volumes 1 and 2.

ML070100234 

ML070100258 

Dated at Rockville, Maryland, this 10th day 

of September 2018. 

For the Nuclear Regulatory Commission. 

John G. Lamb, 

Senior Project Manager, Special Projects and 

Process Branch, Division of Operating Reactor 

Licensing, Office of Nuclear Reactor 

Regulation. 

[FR Doc. 2018–19976 Filed 9–13–18; 8:45 am] 

BILLING CODE 7590–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–84069; File No. SR– 

NYSEAMER–2018–43] 

Self-Regulatory Organizations; NYSE 

American LLC; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Amend Rule 7.23E, 

Obligations of Market Makers 

September 10, 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 August 

28, 2018, NYSE American LLC (the 

‘‘Exchange’’ or ‘‘NYSE American’’) 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 amend 

Rule 7.23E, Obligations of Market 

Makers. 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 codify 

existing practice by harmonizing Rule 

7.23E, Obligations of Market Makers, 

with similar rules of its affiliates, the 

New York Stock Exchange, Inc. 

(‘‘NYSE’’),4 NYSE Arca, Inc. (‘‘NYSE 

Arca’’),5 and NYSE National LLC 

(‘‘NYSE National’’) 6. Specifically, the 

Exchange proposes to add language to 

paragraphs (a)(1)(B)(iii) and (iv) of 

Exchange Rule 7.23E to state that for 

purposes of each paragraph, rights and 

warrants will be considered Tier 2 NMS 

Stocks. This text was inadvertently not 

included in each paragraph when 

Exchange Rule 7.23E was first adopted.7

In sum, Exchange Rule 7.23E(a)(1) 

sets forth the two-side quoting 

obligations of market makers and 

requires that the price of the bid (offer) 

interest shall be not more than the 

Designated Percentage away from the 

then current National Best Bid (Offer), 

or if no National Best Bid (Offer), not 

more than the Designated Percentage 

away from the last reported sale from 

the responsible single plan processor. In 

the event that the National Best Bid 

(Offer) (or if no National Best Bid 

(Offer), the last reported sale) increases 

(decreases) to a level that would cause 

the bid (offer) interest of the Two-Sided 

Obligation to be more than the Defined 

Limit away from the National Best Bid 

(Offer) (or if no National Best Bid 

(Offer), the last reported sale) or if the 

bid (offer) is executed or cancelled, the 

Market Maker shall enter new bid (offer) 

interest at a price not more than the 

Designated Percentage away from the 

then current National Best Bid (Offer) 

(or if no National Best Bid (Offer), the 

last reported sale), or identify to the 

Exchange current resting interest that 

satisfies the Two-Sided Obligation. 

Exchange Rules 7.23E(a)(1)(B)(iii) and 

(iv) include definitions for the terms 

‘‘Designated Percentage’’ and ‘‘Defined 

Limit.’’ Pursuant to paragraph 

(a)(1)(B)(iii) of Exchange Rule 7.23E, the 

‘‘Designated Percentage’’ shall be 8% for 

Tier 1 NMS Stocks under the Limit UpLimit Down Plan (‘‘Tier 1 NMS 

Stocks’’), 28% for Tier 2 NMS Stocks 

under the Limit Up-Limit Down Plan 

(‘‘Tier 2 NMS Stocks’’) with a price 

equal to or greater than $1.00, and 30% 

for Tier 2 NMS Stocks with a price 

lower than $1.00, except that between 

9:30 a.m. and 9:45 a.m. Eastern Time 

and between 3:35 p.m. Eastern Time 

and the close of Core Trading Hours, the 

Designated Percentage shall be 20% for 

Tier 1 NMS Stocks, 28% for Tier 2 NMS 

Stocks with a price equal to or greater 

than $1.00, and 30% for Tier 2 NMS 

Stocks with a price lower than $1.00. 

Pursuant to paragraph (a)(1)(B)(iv) of 

Exchange Rule 7.23E, the ‘‘Defined 

Limit’’ shall be 9.5% for Tier 1 NMS 

Stocks, 29.5% for Tier 2 NMS Stocks 

with a price equal to or greater than 

$1.00, and 31.5% for Tier 2 NMS Stocks 

with a price lower than $1.00, except 

that between 9:30 a.m. and 9:45 a.m. 

Eastern Time and between 3:35 p.m. 

Eastern Time and the close of Core 

Trading Hours, the Defined Limit shall 

be 21.5% for Tier 1 NMS Stocks, 29.5% 

for Tier 2 NMS Stocks with a price 

equal to or greater than $1.00, and 

31.5% for Tier 2 NMS Stocks with a 

price lower than $1.00. 


daltland on DSKBBV9HB2PROD with NOTICES
Federal Register / Vol. 83, No. 179 / Friday, September 14, 2018 / Notices 46767 

8See NYSE Rule 104(a)(1)(B)(iii) and (iv). 

9See NYSE Arca Rule 7.23–E(a)(1)(B)(iii) and (iv). 

10See NYSE National Rule 7.23(a)(1)(B)(iii) and 

(iv). 

11See supra note 7. 

12 15 U.S.C. 78f(b). 

13 15 U.S.C. 78f(b)(5). 

14See supra notes 4, 5, and 6. 

15 Id. 

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

17 17 CFR 240.19b–4(f)(6). 

18The Exchange has satisfied this requirement. 

19 15 U.S.C. 78s(b)(3)(A). 

20 17 CFR 240.19b–4(f)(6). 

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

The Exchange proposes to add the 

following sentence to the end of 

subparagraphs (a)(1)(B)(iii) and (iv) of 

Exchange Rule 7.23E: For purposes of 

this paragraph, rights and warrants will 

be considered Tier 2 NMS Stocks. 

Because rights and warrants are not 

subject to the Limit Up-Limit Down 

Plan, but are subject to market maker 

quoting requirements, the Exchange 

proposes to provide that for purposes of 

Rule 7.23E(a)(1)(B)(iii) and (iv), rights 

and warrants would be considered Tier 

2 NMS Stocks. This sentence is 

included in similar rules of the 

Exchange’s affiliates, NYSE,8 NYSE 

Arca,9 and NYSE National 10 and was 

inadvertently not included when 

Exchange Rule 7.23E was first 

adopted.11

2. Statutory Basis 

The proposed rule change is 

consistent with Section 6(b) of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’),12 in general, and furthers the 

objectives of Section 6(b)(5),13 in 

particular, because 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. The proposed rule 

change would further harmonize the 

definition of the terms ‘‘Designated 

Percentage’’ and ‘‘Defined Limit’’ under 

Exchange Rule 7.23E(a)(1)(B) with the 

definition of those same terms under the 

rules of its affiliates 14 by inserting 

language that was inadvertently 

excluded when Exchange Rule 7.23E 

was adopted. The proposed rule change 

should, therefore, provide for 

consistency among similar rules of the 

Exchange and its affiliates, thereby 

removing impediments to, and 

perfecting the mechanism of, a free and 

open market and a national market 

system and, in general, protecting 

investors and the public interest. 

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 believes that the proposed 

rule change would not have any impact 

on competition since it simply seeks to 

further harmonize the text of Exchange 

Rule 7.23E(a)(1)(B) with the rules of its 

affiliates 15 by inserting language that 

was inadvertently excluded when 

Exchange Rule 7.23E was adopted. 

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 

foregoing proposed rule 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 if consistent 

with the protection of investors and the 

public interest, provided that the selfregulatory organization has given the 

Commission written notice of its intent 

to file 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,18 the proposed rule 

change has become effective pursuant to 

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

Rule 19b–4(f)(6) thereunder.20

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) 21 of the Act 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– 

NYSEAMER–2018–43 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–NYSEAMER–2018–43. 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–NYSEAMER–2018–43 and 

should be submitted on or before 

October 5, 2018. 


daltland on DSKBBV9HB2PROD with NOTICES
46768 Federal Register / Vol. 83, No. 179 / Friday, September 14, 2018 / Notices 

22 17 CFR 200.30–3(a)(12). 

1Applicants request that the order apply to the 

Initial Fund and any additional series of the Trust, 

and any other existing or future open-end 

management investment company or existing or 

future series thereof (each, included in the term 

‘‘Fund’’), each of which will operate as an ETF and 

will track a specified index comprised of domestic 

and/or foreign equity securities and/or domestic 

and/or foreign fixed income securities (each, an 

‘‘Underlying Index’’). Any Fund will (a) be advised 

by the Initial Adviser or an entity controlling, 

controlled by, or under common control with the 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.22

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–19970 Filed 9–13–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: Notice is hereby given, 

pursuant to the provisions of the 

Government in the Sunshine Act, Public 

Law 94–409, that a public roundtable 

will be held in Baltimore, MD on 

Thursday, September 20, 2018 from 

6:00–7:30 p.m. (ET). 

PLACE: The roundtable will be held at 

the Reginald F. Lewis Museum of 

Maryland African American History & 

Culture, 830 E Pratt Street, Baltimore, 

MD 21202. 

STATUS: The roundtable will be open to 

the public. Seating for public observers 

will be on a first-come, first-served 

basis. Doors will open at 5:30 p.m. and 

the event will begin at 6:00 p.m. Visitors 

will be subject to security checks. A 

transcript of the roundtable will be 

made available in the comment file for 

the Commission’s proposed rulemaking 

package regarding the standards of 

conduct for investment professionals. 

MATTERS TO BE CONSIDERED: On April 18, 

2018, the Commission voted to propose 

a package of rulemakings and 

interpretations designed to enhance the 

quality and transparency of investors’ 

relationships with investment advisers 

and broker-dealers while preserving 

access to a variety of types of advice 

relationships and investment products. 

On April 24, 2018, Chairman Jay 

Clayton issued a statement announcing 

that he had asked SEC staff to put 

together a series of roundtables focused 

on the retail investor to be held in 

different cities across the country. The 

roundtables are intended to gather 

information directly from those 

investors most affected by the 

Commission’s rulemaking. 

The Baltimore roundtable is open to 

the public. This Sunshine Act notice is 

being issued because a quorum of the 

Commission may attend the roundtable. 

The agenda for the meeting includes 

a discussion with Chairman Clayton, 

Commissioners Kara Stein, Robert 

Jackson and Elad Roisman, and senior 

SEC staff regarding the Commission’s 

proposed Regulation Best Interest and 

the proposed restriction on the use of 

certain names or titles; a discussion 

regarding the Commission’s proposed 

Form CRS Relationship Summary, 

including effective disclosure and 

design. 

CONTACT PERSON FOR MORE INFORMATION: 

For further information, please contact 

Brent J. Fields from the Office of the 

Secretary at (202) 551–5400. 

Dated: September 12, 2018. 

Brent J. Fields, 

Secretary. 

[FR Doc. 2018–20179 Filed 9–12–18; 4:15 pm] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

33223; 812–14919] 

Wealthn LLC and TigerShares Trust 

September 11, 2018. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: Notice. 

Notice of an application for an order 

under section 6(c) of the Investment 

Company Act of 1940 (the ‘‘Act’’) for an 

exemption from sections 2(a)(32), 

5(a)(1), 22(d), and 22(e) of the Act and 

rule 22c–1 under the Act, under 

sections 6(c) and 17(b) of the Act for an 

exemption from sections 17(a)(1) and 

17(a)(2) of the Act, and under section 

12(d)(1)(J) for an exemption from 

sections 12(d)(1)(A) and 12(d)(1)(B) of 

the Act. The requested order would 

permit (a) index-based series of certain 

open-end management investment 

companies (‘‘Funds’’) to issue shares 

redeemable in large aggregations only 

(‘‘Creation Units’’); (b) secondary market 

transactions in Fund shares to occur at 

negotiated market prices rather than at 

net asset value (‘‘NAV’’); (c) certain 

Funds to pay redemption proceeds, 

under certain circumstances, more than 

seven days after the tender of shares for 

redemption; (d) certain affiliated 

persons of a Fund to deposit securities 

into, and receive securities from, the 

Fund in connection with the purchase 

and redemption of Creation Units; (e) 

certain registered management 

investment companies and unit 

investment trusts outside of the same 

group of investment companies as the 

Funds (‘‘Funds of Funds’’) to acquire 

shares of the Funds; and (f) certain 

Funds (‘‘Feeder Funds’’) to create and 

redeem Creation Units in-kind in a 

master-feeder structure. 

APPLICANTS: TigerShares Trust (the 

‘‘Trust’’), a Delaware statutory trust, 

which will register under the Act as an 

open-end management investment 

company with multiple series, and 

Wealthn LLC (the ‘‘Initial Adviser’’), a 

Delaware limited liability company, 

which will register as an investment 

adviser under the Investment Advisers 

Act of 1940. 

FILING DATES: The application was filed 

on June 11, 2018 and amended on 

August 15, 2018. 

HEARING OR NOTIFICATION OF HEARING: An 

order granting the requested relief will 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing by writing to the 

Commission’s Secretary and serving 

applicants with a copy of the request, 

personally or by mail. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on October 8, 2018, and 

should be accompanied by proof of 

service on applicants, in the form of an 

affidavit, or for lawyers, a certificate of 

service. Pursuant to rule 0–5 under the 

Act, hearing requests should state the 

nature of the writer’s interest, any facts 

bearing upon the desirability of a 

hearing on the matter, the reason for the 

request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

writing to the Commission’s Secretary. 

ADDRESSES: Secretary, Securities and 

Exchange Commission, 100 F Street, NE, 

Washington, DC 20549–1090; 

Applicants: 3532 Muirwood Drive, 

Newtown Square, PA 19073. 

FOR FURTHER INFORMATION CONTACT: 

Laura L. Solomon, Senior Counsel, at 

(202) 551–6915, or Kaitlin C. Bottock, 

Branch Chief, at (202) 551–6821 

(Division of Investment Management, 

Chief Counsel’s Office). 

SUPPLEMENTARY INFORMATION: The 

following is a summary of the 

application. The complete application 

may be obtained via the Commission’s 

website by searching for the file 

number, or for an applicant using the 

Company name box, at http://

www.sec.gov/search/search.htm or by 

calling (202) 551–8090. 

Summary of the Application 

1. Applicants request an order that 

would allow Funds to operate as index 

exchange traded funds (‘‘ETFs’’).1 Fund 


daltland on DSKBBV9HB2PROD with NOTICES