Federal Register / Vol. 78, No. 8 / Friday, January 11, 2013 / Notices 2469 

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

18 17 CFR 240.19b–4(f)(2). 

19 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(2). 

5The Commission has modified the text of the 

summaries prepared by DTC. 

member organizations are FINRA 

members. 

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) 17 of the Act and 

subparagraph (f)(2) of Rule 19b–4 18

thereunder, because it establishes a due, 

fee, or other charge imposed by NYSE. 

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–NYSE–2012–77 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–NYSE–2012–77. 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 

10:00 a.m. and 3:00 p.m. Copies of such 

filing also will be available for 

inspection and copying at NYSE’s 

principal office or on the Web site at 

www.nyse.com. 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–NYSE– 

2012–77, and should be submitted on or 

before February 1, 2013. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.19

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2013–00351 Filed 1–10–13; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–68594; File No. SR–DTC– 

2012–11] 

Self-Regulatory Organizations; The 

Depository Trust Company; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Modify Its 

Fee Schedule With Respect to 

Settlement and Asset Services 

January 7, 2013. 

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 December 

27, 2012, The Depository Trust 

Company (‘‘DTC’’) 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 

primarily by DTC. DTC filed the 

proposed rule change pursuant to 

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

Rule 19b–4(f)(2) 4 thereunder, so that the 

proposed rule change was effective 

upon filing with the Commission. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Clearing Agency’s Statement of the 

Terms of Substance of the Proposed 

Rule Change 

The proposed rule change is to 

modify DTC’s fee schedule with respect 

to Settlement and Asset Services, as 

described in detail below. 

II. Clearing Agency’s Statement of the 

Purpose of, and Statutory Basis for, the 

Proposed Rule Change 

In its filing with the Commission, 

DTC 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. DTC has prepared 

summaries, set forth in sections (A), (B), 

and (C) below, of the most significant 

aspects of such statements.5

(A) Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

Proposal Overview 

DTC proposes to modify its fee 

schedule with respect to Settlement 

Services. In order to better align fees 

with the costs of delivery services, DTC 

proposes to (i) raise the fee for night 

deliver orders (excluding Money Market 

Instruments (‘‘MMIs’’)) from $0.12 to 

$0.20 per transaction, and (ii) decrease 

the fee for receipt of deliveries 

(excluding MMIs) from $0.12 to $0.11. 

In addition, in an effort to simplify 

participant fee billing, DTC will 

eliminate two low revenue fees, 

‘‘Release of Pending Delivery Account’’ 

and ‘‘Banker’s Acceptance Movement,’’ 

and will consolidate and/or rename the 

following 12 fee descriptions, with no 

change to fees: 

1. Deliver, opening in day cycle to 

cutoff, excluding stock loans (excluding 

MMIs); 

2. Reintroduced drop or incomplete 

delivery DO, via IMS authorization, day 

cycle (excluding MMIs); 

3. ACATS Deliver, via IMS 

authorization, day cycle (excluding 

MMIs); 

4. Balance Order Deliver, via IMS 

authorization, day cycle (excluding 

MMIs); 

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2470 Federal Register / Vol. 78, No. 8 / Friday, January 11, 2013 / Notices 

6 15 U.S.C. 78q–1(b)(3)(F). 

7 15 U.S.C. 78s(b)(3)(A)(ii). 

8 17 CFR 240.19b–4(f)(2). 

9 17 CFR 200.30–3(a)(12). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

5. Late affirmed Institutional delivery, 

via IMS authorization, day cycle 

(excluding MMIs); 

6. Municipal Bearer Deliver Order 

(excluding MMIs); 

7. Deliver, opening in day cycle to 

cutoff, stock loans and returns 

(excluding MMIs); 

8. Municipal Bearer Bond Service 

Deliver Order between participants in a 

collateral group (excluding MMIs); 

9. MMI Turnaround Deliver Order; 

10. Municipal Bearer hold/release of 

pending Deliver Order recycling for 

insufficient position (excluding MMIs); 

11. Security pledged, released, or 

substituted; and 

12. Option security pledged, released, 

or substituted via PTS or PBS. 

DTC also proposes to revise its fee 

schedule with respect to Asset Services. 

DTC is proposing to eliminate of the 

following 13 current fees within Asset 

Services (these fees relate either to 

discontinued or low volume services), 

including two from Global Tax Services 

and 11 from Securities Processing: 

1. DTC Tax Info via PTS; 

2. DTC Tax Info via PBS; 

3. Positions in issues denominated in 

units of $1,000 (surcharge); 

4. BDS TA Deposit Rejects for CODs; 

5. Custody-Withdrawal—Direct Mail 

Fee; 

6. Messenger service; 

7. Research of Name Change of Issue; 

8. State of Israel (surcharge); 

9. Municipal Bearer Bond Service— 

Unclaimed COD; 

10. Direct Registration Statement— 

Muni Bond; 

11. FOSS reclaim receive; 

12. FOSS reclaim delivery; and 

13. FOSS delivery. 

The above changes will take effect on 

January 2, 2013. 

Statutory Basis 

DTC believes the proposed rule 

changes are consistent with the 

requirements of the Act, specifically 

Section 17A(b)(3)(F),6 and the rules and 

regulations thereunder applicable to 

DTC because it updates DTC’s fee 

schedule to align fees with the costs of 

delivering services. As such, it provides 

for the equitable allocation of fees 

among DTC’s Members. 

(B) Self-Regulatory Organization’s 

Statement on Burden on Competition 

DTC does not believe that the 

proposed rule change will 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 yet been 

solicited or received. 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 forgoing rule change has become 

effective pursuant to Section 

19(b)(3)(A)(ii) of the Act 7 and Rule 19b– 

4(f)(2) 8 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. 

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 

No. SR–DTC–2012–11 on the subject 

line. 

Paper Comments 

• Send 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–DTC–2012–11. 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 

10:00 a.m. and 3:00 p.m. Copies of such 

filings will also be available for 

inspection and copying at the principal 

office of DTC and on DTC’s Web site at 

http://dtcc.com/downloads/legal/ 

rule_filings/2012/dtc/SR-DTC-2012- 

11.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–DTC–2012–11 and should 

be submitted on or before February 1, 

2013. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.9

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2013–00379 Filed 1–10–13; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–68590; File No. SR– 

NYSEARCA–2012–145] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change Amending Its Price List 

With Respect to Regulatory Fees 

Related to the Central Registration 

Depository, Which Are Collected by 

the Financial Industry Regulatory 

Authority, Inc. 

January 4, 2013. 

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 December 

21, 2012, NYSE Arca, Inc. (the 

‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with 

the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the selfregulatory organization. The 

Commission is publishing this notice to 

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