22624 Federal Register / Vol. 77, No. 73 / Monday, April 16, 2012 / Notices 

4 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

(B) Self-Regulatory Organization’s 

Statement on Burden on Competition 

ICC does not believe the proposed 

rule change would have any impact, or 

impose any burden, on competition. 

(C) Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

Written comments relating to the 

proposed rule change have not been 

solicited or received. ICC will notify the 

Commission of any written comments 

received by ICC. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period 

up to 90 days (i) as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or (ii) as to which 

the self-regulatory organization 

consents, the Commission will: 

(A) By order approve or disapprove 

the proposed rule change or 

(B) institute proceedings to determine 

whether the proposed rule change 

should be 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 rulecomments@sec.gov. Please include File 

Number SR–ICC–2012–04 on the subject 

line. 

Paper Comments 

Send paper comments in triplicate to 

Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–ICC–2012–04. 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 Web site (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 Web site viewing and 

printing in the Commission’s Public 

Reference Section, 100 F Street NE., 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of such filings 

will also be available for inspection and 

copying at the principal office of ICC 

and on ICC’s Web site at https:// 

www.theice.com/publicdocs/ 

regulatory_filings/ 

040312b_ICEClearCredit.pdf. 

All comments received will be posted 

without change; the Commission does 

not edit personal identifying 

information from submissions. You 

should submit only information that 

you wish to make available publicly. All 

submissions should refer to File 

Number SR–ICC–2012–04 and should 

be submitted on or before May 7, 2012. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.4

Kevin O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–9010 Filed 4–13–12; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–66776; File No. SR– 

NYSEAmex–2012–20] 

Self-Regulatory Organizations; NYSE 

Amex LLC; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change Implementing 

Amendments to Its Price List To Raise 

the Supplemental Liquidity Provider 

Rebate and Raise the NYSE Crossing 

Session II Rate and Fee Cap 

April 10, 2012. 

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

Securities Exchange Act of 1934 

(‘‘Act’’) 1 and Rule 19b–4 thereunder,2

notice is hereby given that, on March 

29, 2012, NYSE Amex LLC (‘‘NYSE 

Amex’’ or the ‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the Exchange. 

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 its 

Price List to raise the Supplemental 

Liquidity Provider (‘‘SLP’’) rebate and 

raise the NYSE Crossing Session II 

(‘‘NYSE CSII’’) rate and fee cap. The text 

of the proposed rule change is available 

at the Exchange, the Commission’s 

Public Reference Room, and 

www.nyse.com. 

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 amend its 

Price List to raise the SLP rebate and 

raise the NYSE CSII rate and fee cap. 

The Exchange proposes to raise the 

SLP rebate from $0.0027 to $0.0032 per 

share per transaction for SLPs that add 

liquidity to the Exchange in securities 

with a per share price of $1.00 or more 

if the SLP meets the 5% average or more 

quoting requirement in an assigned 

security pursuant to NYSE Amex 

Equities Rule 107B. 

The Exchange also proposes to raise 

the NYSE CSII rate from $0.0001 to 

$0.0002 per transaction and raise the fee 

cap from $50,000 to $100,000 per month 

per member organization for NYSE 

Amex Equities listed securities and, 

separately, NYSE Amex Equities traded 

securities. 

The Exchange proposes to make the 

rule change operative on April 1, 2012. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Securities Exchange 


emcdonald on DSK29S0YB1PROD with NOTICES
Federal Register / Vol. 77, No. 73 / Monday, April 16, 2012 / Notices 22625 

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

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

5See NYSE Price List 2012, dated March 1, 2012, 

available at https://usequities.nyx.com/sites/ 

usequities.nyx.com/files/ 

nyse_price_list_03.01.12_mmr.pdf. 

6For example, except for transactions that are 

free, both the current and proposed NYSE CSII rate 

of $0.0001 and $0.0002, respectively, are 

substantially less than the next lowest fee within 

the Price List (i.e., the $0.0005 rate for Discretionary 

e-Quotes and verbal agency interest by floor 

brokers). 

7 15 U.S.C. 78s(b)(3)(A). 8 17 CFR 240.19b–4(f)(2). 9 17 CFR 200.30–3(a)(12). 

Act of 1934 (the ‘‘Act’’),3 in general, and 

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

in that it is designed to provide for the 

equitable allocation of reasonable dues, 

fees, and other charges among its 

members and other persons using its 

facilities. The Exchange believes that 

the increased rebate for SLPs is 

reasonable because it will promote 

liquidity on the Exchange. The 

Exchange believes that the increased 

rebate for SLPs and the proposed fee 

and cap increase for NYSE CSII are an 

equitable allocation of fees because all 

similarly situated member organizations 

will be subject to the same fee structure 

and access to the Exchange’s market is 

offered on fair and non-discriminatory 

terms. In addition, the proposed 

increased NYSE CSII fee and fee cap are 

the same as the NYSE CSII fee and fee 

cap on the New York Stock Exchange 

(‘‘NYSE’’).5 The Exchange also believes 

that increasing the fee for NYSE CSII 

transactions and the monthly cap that is 

currently applicable thereto is 

reasonable, equitable and not unfairly 

discriminatory because it would more 

closely align the NYSE CSII rate with 

the other rates within the Price List,6

while maintaining a cap for member 

organizations that are particularly active 

during NYSE CSII. 

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. 

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 foregoing rule change is effective 

upon filing pursuant to Section 

19(b)(3)(A) 7 of the Act and 

subparagraph (f)(2) of Rule 19b–4 8

thereunder, because it establishes a due, 

fee, or other charge imposed by the 

NYSE Amex. 

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. 

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 rulecomments@sec.gov. Please include File 

Number SR–NYSEAmex–2012–20 on 

the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–NYSEAmex–2012–20. 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 Web site (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 Web site 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 

a.m. and 3 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; the 

Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File Number SR– 

NYSEAmex–2012–20 and should be 

submitted on or before May 7, 2012. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.9

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–9009 Filed 4–13–12; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Intermediary Lending Pilot (ILP) 

Program 

AGENCY: U.S. Small Business 

Administration (SBA). 

ACTION: Notice of Funds Availability 

(NOFA). 

SUMMARY: The U.S. Small Business 

Administration (SBA) requests that 

eligible organizations submit 

applications to become Intermediary 

Lending Pilot (ILP) Intermediaries. SBA 

will select up to 20 applicants to 

participate in the ILP program and 

receive direct loans of up to $1,000,000 

each. ILP Intermediaries must use the 

ILP Loan funds to make loans of up to 

$200,000 to startup, newly established, 

or growing small business concerns. ILP 

Intermediaries that received SBA ILP 

funding in 2011 are not eligible for 

funding in 2012. 

DATES: The application deadline is 5 

p.m. on May 25, 2012. 

ADDRESSES: Completed applications 

must be sent to U.S. Small Business 

Administration, Office of Financial 

Assistance, Microenterprise 

Development Branch, Attention: Jody 

Raskind, Chief, 409 3rd Street SW., 

Suite 8200, Washington, DC 20416. 

FOR FURTHER INFORMATION CONTACT: Jody 

Raskind, (202) 205–7076. 

SUPPLEMENTARY INFORMATION: 

Background: The Small Business Jobs 

Act of 2010 (Pub. L. 111–240), enacted 

September 27, 2010 (the Act), includes 

a provision that requires SBA to 

implement an Intermediary Lending 

Pilot (ILP) program. Under the ILP 

program, SBA makes loans to selected 

nonprofit intermediaries for the purpose 

of providing loans to small businesses. 

SBA selected 20 ILP Intermediaries in 


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