Federal Register / Vol. 80, No. 36 / Tuesday, February 24, 2015 / Notices 9843 

8 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3The Exchange proposes to update section 

references to take into account the new section 

numbers when these two sections are removed. 

Section references in this proposed rule change are 

to the current section numbers. 

4 15 U.S.C. 78f. 

5 15 U.S.C. 78f(b)(4). 

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 

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–MIAX– 

2015–09 and should be submitted on or 

before March 17, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–03665 Filed 2–23–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–74286; File No. SR–ISE– 

2015–04] 

Self-Regulatory Organizations; 

International Securities Exchange, 

LLC; Notice of Filing and Immediate 

Effectiveness of Proposed Rule 

Change To Amend the Schedule of 

Fees 

February 18, 2015. 

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 February 

3, 2015, the International Securities 

Exchange, LLC (the ‘‘Exchange’’ or the 

‘‘ISE’’) 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 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 ISE proposes to amend the 

Schedule of Fees to eliminate fees and 

rebates for Mini Options, which were 

delisted on the Exchange as of the close 

of business on December 17, 2014. The 

text of the proposed rule change is 

available on the Exchange’s Web site 

(http://www.ise.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 these statements may be examined at 

the places specified in Item IV below. 

The self-regulatory organization 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 Exchange is permitted to list Mini 

Option contracts overlying ten shares of 

the following five symbols: SPY, AAPL, 

GLD, GOOGL, and AMZN, pursuant to 

Supplementary Material .13 to Rule 504. 

Due to the smaller exercise and 

assignment value of Mini Options 

contracts, the Exchange charges fees and 

provides rebates in these Mini Option 

classes at a rate that is 1/10th the rate 

of fees and rebates the Exchange 

provides for trading in Standard 

Options. As the Exchange has delisted 

all Mini Options as of the close of 

business on December 17, 2014, the 

Exchange now proposes to eliminate 

fees and rebates for Mini Options in the 

Schedule of Fees. In particular, the 

Exchange also proposes to remove 

language related to Mini Options in the 

following sections of the Schedule of 

Fees: 

1. Sections III and IV, which contain 

tables on Regular Order Fees and 

Rebates for Mini Options and Complex 

Order Fees and Rebates for Mini 

Options, respectively. These sections 

will be eliminated in their entirety.3

2. The definition of Mini Options in 

the Preface. 

3. Language related to combining 

volume in Standard Options and Mini 

Options to calculate Priority Customer 

ADV and Priority Customer Complex 

ADV in the footnotes to Sections I and 

II. 

4. QCC and Solicitation Rebate for 

Mini Options in Section VI, A, 

including language related to combining 

volume in Standard Options and Mini 

Options to determine applicable volume 

tiers. 

5. ISE Market Maker Discount Tiers 

for Mini Options in Section VI, C, 

including language related to combining 

volume in Standard Options and Mini 

Options to determine applicable volume 

tiers. 

6. Payment for Order Flow fees for 

Mini Options in Non-Penny Pilot 

Symbols in Section VI, D. 

7. Route-out fees for Mini Options in 

Section VI, F. 

8. The Credit for Responses to Flash 

Orders in Mini Options in Section VI, G. 

9. The service fee for Crossing Orders 

in Mini Options in Section VI, H. 

10. Language related to charging the 

Options Regulatory Fee for options 

transactions in Mini Options in Section 

IX, C. 

In connection with the above changes, 

the Exchange further proposes to 

remove related references to Standard 

Options, as the distinction between 

Standard Options and Mini Options is 

no longer necessary with the delisting of 

Mini Options. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

the provisions of Section 6 of the Act,4

in general, and Section 6(b)(4) of the 

Act,5 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. 

Specifically, the Exchange believes 

that the proposed rule change is 

reasonable, equitable, and not unfairly 

discriminatory as all Mini Option 

classes have been delisted on the 

Exchange as of the close of business on 

December 17, 2014. The Exchange 

believes that eliminating fees and 

rebates for Mini Options (and removing 

superfluous references to Standard 

Options) will simplify the Schedule of 

Fees and reduce investor confusion as to 

what products trade on the Exchange. 


tkelley on DSK3SPTVN1PROD with NOTICES
9844 Federal Register / Vol. 80, No. 36 / Tuesday, February 24, 2015 / Notices 

6 15 U.S.C. 78f(b)(8). 

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). 

The Exchange represents that in the 

event it determines to relist Mini 

Options in the future it will first submit 

a proposed rule change to adopt fees 

and rebates applicable to Mini Options. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

In accordance with Section 6(b)(8) of 

the Act,6 the Exchange does not believe 

that the proposed rule change will 

impose any burden on intermarket or 

intramarket competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

proposed rule change is intended solely 

to eliminate investor confusion as to the 

products that trade on the Exchange. As 

such, the Exchange believes the 

proposed rule change will have no 

competitive impact. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

The Exchange has not solicited, and 

does not intend to solicit, comments on 

this proposed rule change. The 

Exchange has not received any 

unsolicited written comments from 

members or other interested parties. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective pursuant to Section 

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

subparagraph (f)(2) of Rule 19b–4 

thereunder,8 because it establishes a 

due, fee, or other charge imposed by 

ISE. 

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 

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 No. SR–ISE– 

2015–04 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–ISE–2015–04. 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 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 

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–ISE– 

2015–04 and should be submitted on or 

before March 17, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.9

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–03657 Filed 2–23–15; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Interagency Task Force on Veterans 

Small Business Development; Federal 

Register Meeting Notice 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice of open Federal 

Interagency Task Force meeting. 

DATE AND TIME: March 12, 2015, from 

9:00 a.m. to 12:00 noon. 

ADDRESSES: SBA Headquarters, 409 3rd 

Street SW., Washington, DC 20416, in 

the Eisenhower Conference Room B, 

Concourse Level. 

Purpose: This public meeting is to 

discuss recommendations identified by 

the Interagency Task Force (IATF) to 

further enable veteran entrepreneurship 

policy and programs. In addition, the 

Task Force will allow public comment 

regarding the focus areas. 

SUPPLEMENTARY INFORMATION: Pursuant 

to section 10(a) (2) of the Federal 

Advisory Committee Act (5 U.S.C., 

Appendix 2), SBA announces the 

meeting of the Interagency Task Force 

on Veterans Small Business 

Development. The Task Force is 

established pursuant to Executive Order 

13540 and focused on coordinating the 

efforts of Federal agencies to improve 

capital, business development 

opportunities and pre-established 

Federal contracting goals for small 

business concerns owned and 

controlled by veterans (VOB’s) and 

service-disabled veterans (SDVOSB’s). 

Moreover, the Task Force shall 

coordinate administrative and 

regulatory activities and develop 

proposals relating to ‘‘six focus areas’’: 

(1) Access to capital (loans, surety 

bonding and franchising); (2) Ensure 

achievement of pre-established 

contracting goals, including mentor 

prote ́ge ́ and matching with contracting 

opportunities; (3) Increase the integrity 

of certifications of status as a small 

business; (4) Reducing paperwork and 

administrative burdens in accessing 

business development and 

entrepreneurship opportunities; (5) 

Increasing and improving training and 

counseling services; and, (6) Making 

other improvements to support veteran 

business development by the Federal 

government. On November 1, 2011, the 

Interagency Task Force on Veterans 

Small Business Development submitted 

its first report to the President, which 

included 18 recommendations that were 

applicable to the ‘‘six focus areas’’ 

identified above. 

Advance notice of attendance or 

desire to make a presentation to the 

Task Force is requested. Comments for 


tkelley on DSK3SPTVN1PROD with NOTICES