Federal Register / Vol. 80, No. 42 / Wednesday, March 4, 2015 / Notices 11717 

12 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 74169 

(January 29, 2015), 80 FR 6145 (‘‘Notice’’). 

4See Notice, supra note 3 at 6147. 

5 Id. 

6 Id. 

7 Id. 

8 Id. 

9 If an Open outcry complex order or SPX Combo 

Order with more than twelve legs is split across 

multiple order tickets, one of the order tickets must 

contain twelve legs. For example, a thirteen leg 

order cannot have seven legs on one ticket and six 

legs on another ticket; rather, one ticket must have 

twelve legs and the other ticket must have one leg. 

Id. at 6147. 

10 Id. 

11 Id. 

12 Id. 

13 In approving this proposal, the Commission has 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 

14 15 U.S.C. 78f(b)(5). 

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

16 15 U.S.C. 78s(b)(2). 

17See Securities Exchange Act Release No. 72957 

(September 2, 2014), 79 FR 53230 (September 8, 

2014) (‘‘SR–CBOE–2014–015 Notice’’). CBOE 

withdrew SR–CBOE–2014–015 on November 21, 

2014. The Exchange notes that, unlike the instant 

filing, SR–CBOE–2014–015 did not impose 

requirements on how a complex order with more 

than 12 legs should be split across multiple tickets. 

While the instant filing imposes such a 

requirement, the Exchange does not believe TPHs 

will be adversely affected by the proposed 

requirement specifying how a complex order with 

more than 12 legs should be split across multiple 

Continued 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2015–04421 Filed 3–3–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–74389; File No. SR–CBOE– 

2015–011] 

Self-Regulatory Organizations; 

Chicago Board Options Exchange, 

Incorporated; Order Granting 

Accelerated Approval of a Proposed 

Rule Change To Amend Exchange 

Rules Related To Order Tickets 

February 26, 2015. 

I. Introduction 

On January 23, 2015, the Chicago 

Board Options Exchange, Incorporated 

(the ‘‘Exchange’’ or ‘‘CBOE’’) filed with 

the Securities and Exchange 

Commission (the ‘‘Commission’’), 

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

Securities Exchange Act of 1934 (the 

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

proposed rule change to amend its rules 

related to use of order tickets. This 

proposal was published for comment in 

the Federal Register on February 4, 

2015.3 The Commission received no 

comments regarding the proposal. This 

order approves the proposed rule 

change on an accelerated basis. 

II. Description of the Proposed Rule 

Change 

The Exchange proposes to amend its 

rules governing the use of order tickets. 

According to the Exchange, system 

limitations on CBOE currently may 

prevent a multi-part order with more 

than a certain number of legs from being 

entered on a single order ticket for 

representation and execution in open 

outcry as a complex order.4 As a result, 

complex orders with more than the 

applicable leg limitation that are 

represented in open outcry must be split 

up and entered on multiple order 

tickets.5

The Exchange proposes to amend 

CBOE Rule 6.53 to require that complex 

orders of twelve (12) legs or less (one leg 

of which may be for an underlying 

security or security future, as 

applicable) must be entered on a single 

order ticket at time of systemization to 

provide consistency in processing, and 

to enhance the Exchange’s audit trail.6

If permitted by the Exchange via 

Regulatory Circular, complex orders of 

more than twelve (12) legs (one leg of 

which may be for an underlying security 

or security future, as applicable) may be 

split across multiple order tickets, if the 

Trading Permit Holder (‘‘TPH’’) 

representing the complex order includes 

twelve (12) legs on one of the order 

tickets and identifies for the Exchange 

the order tickets that are part of the 

same complex order (in a form and 

manner prescribed by the Exchange).7

The Exchange also proposes to add 

Interpretation and Policy .01 to CBOE 

Rule 24.20 (pertaining to SPX Combo 

Orders) to require that an SPX Combo 

Order for twelve (12) legs or less be 

entered on a single order ticket at time 

of systemization.8 An SPX Combo Order 

that contains more than twelve (12) legs 

may be represented and executed as a 

single SPX Combo Order in accordance 

with CBOE Rule 24.20 if it is split across 

multiple order tickets and the TPH 

representing the SPX Combo Order 

includes twelve (12) legs on one of the 

order tickets and identifies for the 

Exchange the order tickets that are part 

of the same SPX Combo Order (in a 

manner and form prescribed by the 

Exchange).9 The Exchange will 

announce by Regulatory Circular 

whether it will permit SPX Combo 

Orders with more than 12 legs and, if so 

permitted, the form and manner in 

which the TPH must link the multiple 

order tickets.10 The Exchanges notes 

that a TPH may submit an order that 

does not satisfy these ticket 

requirements, but such order may not be 

represented or executed as a single SPX 

Combo Order in accordance with Rule 

24.20.11 The Exchange also notes that 

Rules 24.20 already specifies an 

applicable ratio, and it is proposing no 

changes to the ratio through this rule 

filing.12

III. Discussion and Findings 

After careful review, the Commission 

finds that the proposed rule change is 

consistent with the requirements of the 

Act and the rules and regulations 

thereunder applicable to a national 

securities exchange.13 In particular, the 

Commission finds that the proposed 

rule change is consistent with Section 

6(b)(5) of the Act,14 which requires, 

among other things, that the rules of a 

national securities exchange be 

designed to prevent fraudulent and 

manipulative acts and practices, to 

promote just and equitable principles of 

trade, 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 

Commission also finds that the 

proposed rule change is consistent with 

Section 6(b)(1) of the Act,15 which 

provides that the Exchange be organized 

and have the capacity to be able to carry 

out the purposes of the Act and to 

enforce compliance by the Exchange’s 

members, and persons associated with 

members, with the Act, the rules and 

regulations thereunder and the rules of 

the Exchange. 

The Commission notes that CBOE’s 

proposal is designed to help enhance 

the Exchange’s audit trail with respect 

to open outcry complex order 

processing and SPX Combo Orders. The 

Commission believes that the proposal 

will help to protect investors and the 

public interest because the Commission 

believes an audit trail serves to provides 

regulators with information that aids 

them in surveiling activity on their 

market. 

In addition, the Commission finds 

good cause, pursuant to Section 19(b)(2) 

of the Act,16 for approving the proposed 

rule change prior to the 45th day after 

publication of notice in the Federal 

Register. The Commission notes that the 

substance of this proposal was noticed 

for comment as part of changes 

proposed in a prior CBOE proposed rule 

change, which CBOE withdrew.17 The 

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11718 Federal Register / Vol. 80, No. 42 / Wednesday, March 4, 2015 / Notices 

tickets. The Exchange states that PULSe, the 

enhanced version of FBW, and proprietary systems 

that TPHs have designed to comply with the single 

order ticket requirements of SR–CBOE–2014–015 

are capable of complying with the requirement 

specifying how orders with more than 12 legs 

should be split across multiple tickets without 

further programming or configuration. Id. at 6147. 

18SR–CBOE–2014–015 provided for several 

changes to various CBOE Rules; this proposal 

specifically relates to Order Ticket requirements. 

See SR–CBOE–2014–015 Notice, supra note 17. 

19See Notice, supra note 3 at 6146. 

20 15 U.S.C. 78s(b)(2). 

21 17 CFR 200.30–3(a)(12). 

prior CBOE proposed rule change was 

published for the entire 21 day 

comment period, and no comments 

were received.18 In addition, the instant 

proposed rule change was published for 

a 15-day comment period to ensure that 

the public had an opportunity to review 

the proposal in its current form and no 

comments were received on the instant 

filing. Finally, the Commission notes 

that the Exchange represents that it has 

been in communication with TPHs 

about the changes proposed in the 

instant filing and implementation issues 

since August 19, 2014, and has provided 

training on a Floor Broker Workstation 

(‘‘FBW) to support the combo indicator 

and the entry of complex orders with up 

to twelve legs.19

Accordingly, the Commission finds 

that good cause exists for approving the 

proposed rule change on an accelerated 

basis. 

IV. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,20 that the 

proposed rule change (File No. SR– 

CBOE–2015–011) be, and hereby is, 

approved on an accelerated basis. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.21

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2015–04451 Filed 3–3–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of Adex Media, Inc. et al.; 

Order of Suspension of Trading 

March 2, 2015. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of each of the 

issuers detailed below because 

questions have arisen as to their 

operating status, if any. Each of the 

issuers below is quoted on OTC Link 

operated by OTC Markets Group, Inc. 

OTC Markets Group, Inc., however, has 

been unable to contact each of these 

issuers for more than one year. In 

addition, the staff of the Securities and 

Exchange Commission has 

independently endeavored to determine 

whether any of the issuers below are 

operating. Each of the issuers below 

either confirmed that they were no 

longer operating or were now private 

companies, failed to respond to the 

Commission’s inquiry about their 

operating status, did not have an 

operational address, or failed to provide 

their registered agent with an 

operational address. The staff of the 

Securities and Exchange Commission 

also determined that none of the issuers 

below has filed any information with 

OTC Markets Group, Inc. or the 

Securities and Exchange Commission 

for the past year. 

Issuer Ticker 

Information 

regarding 

operating 

status * 

1. Adex Media, Inc ..................................................................................................................................................... ADXM .......... 2 

2. AdStar, Inc ............................................................................................................................................................. ADST ........... 1 

3. Alternative Green Technologies, Inc ..................................................................................................................... AGTI ............ 1 

4. American City Bank (Los Angeles, CA) ................................................................................................................ ACBK .......... 1 

5. American Mold Guard, Inc ..................................................................................................................................... AMGI ........... 1 

6. American Uranium Corp ........................................................................................................................................ ACUC .......... 1 

7. Americana Distribution, Inc .................................................................................................................................... ADBN .......... 1 

8. Atlantis Technology Group .................................................................................................................................... ATNP ........... 1 

9. Azure Dynamics Corp ............................................................................................................................................ AZDDQ ........ 1 

10. Bald Eagle Energy, Inc ........................................................................................................................................ BEEI ............ 1 

11. Betawave Corp .................................................................................................................................................... BWAV .......... 1 

12. Beverly Hills Bancorp, Inc .................................................................................................................................... BHBCQ ....... 2 

13. Blue Holdings, Inc ................................................................................................................................................ BLHI ............ 1 

14. California-Michigan Land & Water Co ................................................................................................................. CMLW ......... 2 

15. Cannon Exploration, Inc ...................................................................................................................................... CNEX .......... 1 

16. Carlton Companies, Inc (The) ............................................................................................................................. CTNO .......... 1 

17. China Daqing M&H Petroleum, Inc ..................................................................................................................... CHDP .......... 1 

18. China Gateway Corp ........................................................................................................................................... CGWY ......... 1 

19. China M161 Network Co ..................................................................................................................................... CMNW ......... 1 

20. ClearPoint Business Resources, Inc ................................................................................................................... CPBRQ ....... 1 

21. Collexis Holdings, Inc .......................................................................................................................................... CLXS ........... 1 

22. Colonial Capital Trust IV ...................................................................................................................................... CBCPQ ....... 1 

23. CommercePlanet, Inc .......................................................................................................................................... CPLT ........... 1 

24. Commodore Applied Technologies, Inc ............................................................................................................... CXIA ............ 2 

25. Composite Power Corp ........................................................................................................................................ CPWW ........ 1 

26. Consolidated Plen Tech Electronics, Inc ............................................................................................................. CSPT ........... 1 

27. Consumer Products Services Group, Inc ............................................................................................................ CPSV .......... 1 

28. Corprate Data Sciences, Inc ................................................................................................................................ CODS .......... 1 

29. Corprate Management Solutions, Inc .................................................................................................................. YDGE .......... 1 

30. Data Evolution Holdings, Inc ............................................................................................................................... DTEV ........... 1 

31. Degama Software Solutions, Inc ......................................................................................................................... DGMA ......... 1 

32. EarthFirst Technologies, Inc ................................................................................................................................ EFTI ............ 2 

33. ebank Financial Services, Inc .............................................................................................................................. EBDC .......... 2 

34. Ecuity, Inc ............................................................................................................................................................ ECUI ........... 1 

35. EM International Enterprises Corp ...................................................................................................................... EMIE ........... 1 

mstockstill on DSK4VPTVN1PROD with NOTICES