7518 Federal Register / Vol. 80, No. 27 / Tuesday, February 10, 2015 / Notices 

13 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(7). 

2 7 U.S.C. 7a–2(c). 

Additionally, these complex orders will 

trade in the same manner as, including 

in accordance with allocation, priority 

and pricing rules applicable to, complex 

orders that brokers receive from 

customers with individual leg prices. 

All complex orders must continue to 

satisfy eligibility requirements in the 

rules to receive complex order priority 

and other complex order treatment. 

While the proposed rule change 

provides customers with benefits, the 

Exchange believes it is appropriate to 

ensure price improvement accrues to 

customers because they send orders 

from off the Exchange and are not in a 

position to adjust their prices like the 

market participants on the floor 

executing the orders. In addition, the 

proposed rule change is consistent with 

the a long-established history in the 

options industry of providing beneficial 

treatment to customers in various 

circumstances (such as providing for 

public customer priority in trade 

allocations) for the purpose of 

encouraging continuing customer 

investment. CBOE does not believe that 

the proposed rule change will impose 

any burden on intermarket competition 

because the proposed rule change 

relates to the form in which customer 

orders may be presented to the 

Exchange for execution, not how orders 

may be allocated or prioritized. To the 

extent the proposed change makes 

CBOE a more attractive marketplace for 

customers to submit orders, those 

customers may elect to become CBOE 

market participants. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange neither solicited nor 

received comments on the proposed 

rule change. 

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 Exchange consents, the Commission 

will: 

A. By order approve or disapprove 

such 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 rule-comments@

sec.gov. Please include File Number SR– 

CBOE–2015–010 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–CBOE–2015–010. 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 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–CBOE– 

2015–010 and should be submitted on 

or before March 3, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2015–02641 Filed 2–9–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–74204; File No. SR–CFE– 

2015–001] 

Self-Regulatory Organizations; CBOE 

Futures Exchange, LLC; Notice of 

Filing and Immediate Effectiveness of 

a Proposed Rule Change Regarding 

Ownership and Control Reports 

February 4, 2015. 

Pursuant to Section 19(b)(7) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 notice is hereby given that on 

January 28, 2015 CBOE Futures 

Exchange, LLC (‘‘CFE’’ or ‘‘Exchange’’) 

filed with the Securities and Exchange 

Commission (‘‘SEC’’ or ‘‘Commission’’) 

the proposed rule change described in 

Items I, II, and III below, which Items 

have been prepared by CFE. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. CFE 

also has filed this proposed rule change 

with the Commodity Futures Trading 

Commission (‘‘CFTC’’). CFE filed a 

written certification with the CFTC 

under Section 5c(c) of the Commodity 

Exchange Act (‘‘CEA’’) 2 on January 28, 

2015. 

I. Self-Regulatory Organization’s 

Description of the Proposed Rule 

Change 

The Exchange proposes to amend its 

rule related to reportable positions. The 

scope of this filing is limited solely to 

the application of the rule amendments 

to security futures traded on CFE. The 

only security futures currently traded on 

CFE are traded under Chapter 16 of 

CFE’s Rulebook which is applicable to 

Individual Stock Based and ExchangeTraded Fund Based Volatility Index 

security futures. The text of the 

proposed rule change is attached as 

Exhibit 4 to the filing but is not attached 

to the publication of this notice. 


rljohnson on DSK3VPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 27 / Tuesday, February 10, 2015 / Notices 7519 

3 78 FR 69178 (Nov. 18, 2013). 

4 15 U.S.C. 78s(b)(7). 

5CFE Rule 155 defines Person to mean any 

natural person, association, partnership, limited 

liability company, joint venture, trust or 

corporation. 

6CFE Rule 1601 defines Volatility Index futures 

contracts as Individual Stock Based and ExchangeTraded Fund Based Volatility Index security futures 

contracts and provides a list of the Volatility Index 

futures contracts that CFE may list for trading. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, CFE 

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. CFE has prepared 

summaries, set forth in Sections A, B, 

and C below, of the most significant 

aspects of such statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of the proposed CFE rule 

amendments included as part of this 

rule change is to amend CFE Rule 412B 

(Reportable Positions): (i) To require 

that CFE Trading Privilege Holders 

(‘‘TPHs’’) and non-TPHs must, in a form 

and manner prescribed by the Exchange, 

concurrently file with the Exchange a 

copy of all submissions required by the 

CFTC pursuant to the Final Rule 

adopted by the CFTC under the caption 

Ownership and Control Reports (‘‘new 

OCR Rule’’)3; and (ii) to require that 

TPHs that are not CFE clearing members 

report to the Exchange certain 

information that the new OCR Rule 

requires for TPHs that are clearing 

members. The rule amendments 

included as part of this rule change are 

to apply to all products traded on CFE, 

including both non-security futures and 

security futures. CFE is making these 

rule amendments in conjunction with 

other rule amendments to CFE Rules 

that are not required to be submitted to 

the Commission pursuant to Section 

19(b)(7) of the Act 4 and thus are not 

included as part of this rule change. 

CFE currently requires TPHs and nonTPHs to report to the Exchange, in a 

form and manner prescribed by the 

Exchange, reportable positions and 

related information relating to Exchange 

contracts that TPHs and non-TPHs are 

required to report to the CFTC under the 

CFTC’s prior reporting rules. The new 

OCR Rule revises the information that 

TPHs and non-TPHs are required to 

report to the CFTC, including, among 

other things, a new CFTC Form 102 

(Identification of Special Accounts, 

Volume Threshold Accounts, and 

Consolidated Accounts), which includes 

a new CFTC Form 102A (Identifying 

and reporting a special account) and a 

new CFTC Form 102B (Identifying and 

reporting a volume threshold account), 

and a new CFTC Form 71 (Identification 

of Omnibus Accounts and SubAccounts). In order for CFE to receive 

these new Forms relating to Exchange 

contracts that TPHs and non-TPHs will 

be required to report to the CFTC under 

the new OCR Rule, CFE is amending 

Rule 412B to expressly require TPHs 

and non-TPHs to file these new Forms 

with CFE concurrently with filing them 

to the CFTC. In addition, CFE is 

amending Rule 412B to require TPHs 

that are not clearing members (and are 

not covered under the new OCR Rule) 

to report certain information that relates 

to the identification and reporting of 

special accounts to the Exchange. CFE 

already requires that TPHs that are not 

clearing members report this type of 

information under existing CFE Rule 

412B(a). To require TPHs that are not 

clearing members to continue to report 

certain information to CFE that is 

consistent with what they already report 

to CFE in this regard, CFE is proposing 

to add CFE Rule 412B(c) to make this 

clear. 

Specifically, CFE is proposing to 

amend the title of CFE Rule 412B 

(Reportable Positions) by replacing the 

currently existing rule title with CFE 

Rule 412B (Ownership and Control 

Reports). This change incorporates the 

title of the new OCR Rule. 

CFE is proposing to replace CFE Rule 

412B(a) to reflect the new OCR Rule. 

CFE Rule 412B(a) currently provides 

that all TPHs shall report to the 

Exchange in a form and manner 

prescribed by the Exchange reportable 

positions and related information 

relating to Exchange contracts that TPHs 

are required to report to the CFTC 

pursuant to CFTC regulations. The 

amendments replace this language and 

provide that each TPH shall, in a form 

and manner prescribed by the Exchange, 

concurrently file with the Exchange a 

copy of all CFTC Form 102 (including 

CFTC Form 102A and CFTC Form 102B) 

and CFTC Form 71 submissions 

(including any attachments, related 

submissions, or related information) 

relating to Exchange Contracts that each 

TPH is required to report to the CFTC 

pursuant to CFTC regulations. 

CFE is also proposing to replace CFE 

Rule 412B(b) to reflect the new OCR 

Rule. CFE Rule 412B(b) currently 

provides that any Person (which is 

defined in CFE Rule 155 5) that is not a 

TPH and that is required to report to the 

CFTC pursuant to CFTC regulations 

reportable positions and related 

information relating to Exchange 

contracts shall report the foregoing 

reportable positions and related 

information to the Exchange in a form 

and manner prescribed by the Exchange. 

The amendments replace this language 

and provide that any Person that is not 

a TPH and that is required to make to 

the CFTC pursuant to CFTC regulations 

CFTC Form 102 (including CFTC Form 

102A and CFTC Form 102B) or CFTC 

Form 71 submissions (including any 

attachments, related submissions, or 

related information) relating to 

Exchange contracts shall concurrently 

file with the Exchange copies of all of 

the foregoing CFTC Form 102 (including 

CFTC Form 102A, CFTC Form 102B, 

and CFTC Form 102S) or CFTC Form 71 

submissions (including any 

attachments, related submissions, or 

related information) in a form and 

manner prescribed by the Exchange. 

CFE is proposing to amend CFE Rule 

412B to add CFE Rule 412B(c) to require 

that each TPH that is a not a clearing 

member shall, in a form and manner 

prescribed by the Exchange, report to 

the Exchange the same information 

regarding the identification and 

reporting of special accounts relating to 

Exchange contracts that each TPH that 

is a clearing member is required to 

report to the CFTC pursuant to CFTC 

regulations. 

Lastly, CFE is proposing to amend the 

contract specifications for its security 

futures products to reflect the new OCR 

Rule’s definition of reportable trading 

volume as trading volume of 50 or more 

contracts, during a single trading day, 

on a single reporting market that is a 

designated contract market or swap 

execution facility, in all instruments 

that such reporting market designates 

with the same product identifier. 

Specifically, CFE is amending CFE Rule 

1602(n) to provide, ‘‘Pursuant to 

Commission Regulation § 15.04 and 

Commission Regulation Part 17, the 

trading volume that is required to be 

reported to the Commission is 50 or 

more futures contracts in a Volatility 

Index futures contract during a single 

trading day.’’ 6

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 


rljohnson on DSK3VPTVN1PROD with NOTICES
7520 Federal Register / Vol. 80, No. 27 / Tuesday, February 10, 2015 / Notices 

7 15 U.S.C. 78f(b). 

8 15 U.S.C. 78f(b)(5). 

9 15 U.S.C. 78f(b)(7). 10 15 U.S.C. 78s(b)(1). 11 17 CFR 200.30–3(a)(12). 

Section 6(b) of the Act,7 in general, and 

furthers the objectives of Sections 

6(b)(5) 8 and 6(b)(7) 9 in particular in 

that 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 Exchange believes that the 

proposed rule change will strengthen its 

ability to carry out its responsibilities as 

a self-regulatory organization. CFE must 

receive the information that TPHs and 

non-TPHs provide to the CFTC under 

the new OCR Rule in order to carry out 

CFE’s market surveillance program. For 

this same reason, CFE also must receive 

the information that TPHs that are not 

clearing members provide to the CFTC 

regarding the identification and 

reporting of special accounts that TPHs 

that clearing members must provide to 

the CFTC under the OCR Rule. In 

addition, the amendments expressly 

provide that these TPHs and non-TPHs 

must provide this information in the 

form and manner prescribed by the 

Exchange, which will allow the 

information’s seamless integration into 

the Exchange’s market surveillance 

program and systems utilized by CFE 

and its regulatory services provider. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

CFE does not believe that the 

proposed rule change will impose any 

burden on competition not necessary or 

appropriate in furtherance of the 

purposes of the Act, in that the rule 

change enhances CFE’s market 

surveillance program. The Exchange 

believes that the proposed rule change 

is equitable and not unfairly 

discriminatory because the amendments 

would apply equally to all TPHs and 

non-TPHs that are subject to the 

applicable requirements. 

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 proposed rule change will 

become effective on or after February 

11, 2015, on a date to be announced by 

the Exchange through the issuance of a 

circular. The Exchange will make the 

effective date of the rule change 

consistent with the timing of the 

implementation of the new OCR Rule by 

the CFTC. 

At any time within 60 days of the date 

of effectiveness of the proposed rule 

change, the Commission, after 

consultation with the CFTC, may 

summarily abrogate the proposed rule 

change and require that the proposed 

rule change be refiled in accordance 

with the provisions of Section 19(b)(1) 

of the Act.10

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– 

CFE–2015–001 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–CFE–2015–001. 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 the principal 

offices 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–CFE– 

2015–001, and should be submitted on 

or before March 3, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–02643 Filed 2–9–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of Med Pro Venture 

Capital, Inc; Order of Suspension of 

Trading 

February 6, 2015. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Med Pro 

Venture Capital, Inc., f/k/a Modern PVC, 

Inc. because of questions regarding the 

accuracy of publicly available 

information about the company’s 

operations, including questions about 

the accuracy of statements in a company 

press release dated January 12, 2015 and 

a paid analyst’s report issued on January 

9, 2015 describing a strategic 

partnership with GO CNG technologies. 

Med Pro Venture Capital, Inc. is a 

Nevada corporation with its principal 

place of business located in Scottsdale, 

Arizona. Its stock is quoted on OTC 

Link, operated by OTC Markets Group 

Inc., under the ticker: MPVC. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of the above-listed 

company. 

Therefore, It Is Ordered, pursuant to 

Section 12(k) of the Securities Exchange 

Act of 1934, that trading in the 

securities of the above-listed company is 

suspended for the period from 9:30 a.m. 


rljohnson on DSK3VPTVN1PROD with NOTICES