12054 Federal Register / Vol. 80, No. 43 / Thursday, March 5, 2015 / Notices 

25 17 CFR 200.30–3(a)(16). 

1 15 U.S.C. 78k–1. 

2 17 CFR 242.608. 

3See Letter from Brendon J. Weiss, Vice 

President, NYSE Group Inc., to Secretary, 

Commission, dated August 25, 2014. 

4See Securities Exchange Act Release No. 73511 

(November 3, 2014), 79 FR 66423. 

5See Letters from Shawn Leary, dated August 24, 

2014; Tony BenBrahim, dated August 24, 2014; 

John Richardson, dated August 26, 2014; Arthur T. 

Ling, dated August 26, 2014; Dan Blecha, dated 

August 26, 2014; Tom Sosnoff, dated August 27, 

2014; Michael Choffy, dated August 28, 2014; 

Joseph Runsdorf, dated August 29, 2014; Tony J. 

Gagliano, dated September 1, 2014; Howard L. 

Greenblatt, dated September 2, 2014; Ernest 

Callipari, dated September 2, 2014 ; Ali Bangura, 

dated September 3, 2014; Tony J. Gagliano, dated 

September 3, 2014; Theodore R. Lazo, Managing 

Director and Associate General Counsel of SIFMA, 

dated September 9, 2014; John C. Nagel, Managing 

Director and Sr. Deputy General Counsel of Citadel, 

LLC, dated September 12, 2014; Christopher Nagy, 

CEO, and Dave Lauer, President, KOR Group LLC, 

dated September 15, 2014; Stuart J. Kaswell, 

Executive Vice President & Managing Director, 

1. In light of the passage of time since 

the adoption of the Omgeo Exemptive 

Order, developments in technology, and 

enhancements in market practices, are 

the proposed conditions to the 

exemptive order appropriate? 

Specifically, are all of the conditions 

designed to facilitate interoperability 

necessary? Could the Commission 

continue to promote the purposes of 

section 17A of the Exchange Act by 

additional modification or elimination 

of some or all of the conditions? If so, 

which conditions should be modified or 

eliminated? 

2. What, if any, effect will moving 

from a single provider to two or more 

providers have on the efficiency of the 

trade settlement process? 

3. What, if any, impact will the 

introduction of a second provider have 

on pricing, quality of service, and 

innovation? 

4. Will the introduction of one or 

more additional providers increase or 

reduce risk in the marketplace? 

5. Does BSTP’s application for 

exemption from registration help 

achieve the underlying policy objectives 

of the Exchange Act? Why or why not? 

In particular, please address whether 

granting an exemption from registration 

does or does not further the goals of 

promoting investor protection and the 

integrity of the securities markets. 

6. Are the proposed conditions to the 

exemptive order sufficient to promote 

the purposes of section 17A of the 

Exchange Act and to allow the 

Commission to adequately monitor the 

effects of BSTP’s proposed activities on 

the national system for the clearance 

and settlement of securities 

transactions? Why or why not? 

7. Would the links and interfaces with 

other matching services as described in 

BSTP’s application have a positive or 

negative effect on other matching 

services that are registered with the 

Commission or that receive from the 

Commission an exemption from clearing 

agency registration? Why or why not? 

Should the proposed condition to 

develop an interface with another 

matching service provider be made 

mandatory, rather than only upon 

request from another provider? 

8. Would the links and interfaces with 

other matching services as described in 

BSTP’s application have a positive or 

negative effect on end-user clients of all 

matching services, regardless of which 

matching service completes trade 

matching prior to settlement? Why or 

why not? 

Comments may be submitted by any 

of the following methods: 

Electronic Comments 

• Use the Commission’s Internet 

comment form (http://www.sec.gov/

rules/proposed.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File Number 

600–33 on the subject line; or 

Paper Comments 

• Send paper comments in triplicate 

to Brent J. Fields, Secretary, Securities 

and Exchange Commission, 100 F Street 

NE., Washington, DC 20549–1090. All 

submissions should refer to File 

Number 600–33. 

To help us 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/other.shtml). 

Copies of the submission, all 

subsequent amendments, all written 

statements with respect to the 

application that are filed with the 

Commission, and all written 

communications relating to the 

application 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 10:00 a.m. and 3:00 p.m. 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 600–33 and should be 

submitted on or before April 6, 2015. 

For the Commission by the Division of 

Trading and Markets, pursuant to delegated 

authority.25

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2015–05053 Filed 3–4–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–74388; File No. 4–657] 

Joint Industry Plan; Notice of 

Designation of a Longer Period for 

Commission Action on the Proposed 

National Market System Plan To 

Implement a Tick Size Pilot Program 

on a One-Year Pilot Basis by BATS 

Exchange, Inc., BATS Y-Exchange, 

Inc., Chicago Stock Exchange, Inc., 

EDGA Exchange, Inc., EDGX 

Exchange, Inc., Financial Industry 

Regulatory Authority, Inc., NASDAQ 

OMX BX, Inc., NASDAQ OMX PHLX 

LLC, The Nasdaq Stock Market LLC, 

New York Stock Exchange LLC, NYSE 

MKT LLC, and NYSE Arca, Inc. 

February 26, 2015. 

On August 25, 2014, NYSE Group, 

Inc., on behalf of BATS Exchange, Inc., 

BATS Y-Exchange, Inc., Chicago Stock 

Exchange, Inc., EDGA Exchange, Inc., 

EDGX Exchange, Inc., Financial 

Industry Regulatory Authority, Inc., 

NASDAQ OMX BX, Inc., NASDAQ 

OMX PHLX LLC, and The Nasdaq Stock 

Market LLC and New York Stock 

Exchange LLC, NYSE MKT LLC, NYSE 

Arca, Inc. (collectively, the 

‘‘Participants’’), filed with the Securities 

and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

11A of the Securities Exchange Act of 

1934 (‘‘Act’’),1 and Rule 608 of 

Regulation NMS thereunder,2 a 

proposed national market system 

(‘‘NMS’’) Plan to Implement a Tick Size 

Pilot Program On a One-Year Pilot Basis 

(‘‘Plan’’).3 The proposed Plan was 

published for comment in the Federal 

Register on November 7, 2014.4 The 

Commission has received 74 comment 

letters on the proposed Plan.5

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 80, No. 43 / Thursday, March 5, 2015 / Notices 12055 

General Counsel of Managed Funds Association, 

dated September 20, 2014; John Daley, Chairman of 

the Board and James Toes, President & CEO of 

Security Traders Association, dated September 23, 

2014; Brian A. Johnson, Executive Director for 

Research of Committee on Capital Markets 

Regulation, dated September 26, 2014; Jeffrey P. 

Ricker, dated October 6, 2014; David Adorney, 

Professional Equity Trader, dated November 11, 

2014; Richard B. Gorelick, CEO of RGM Advisors, 

LLC, dated November 13, 2014; Representative Sean 

P. Duffy, U.S. House of Representatives, dated 

November 17, 2014; Joseph Galinskie, dated 

November 18, 2014; Tom Quaadman, Vice 

President, U.S. Chamber of Commerce Center for 

Capital Markets Competitiveness, dated November 

20, 2014; David Shields, Vice Chairman & Co-CEO, 

Wellington Shields & Co., dated December 2, 2014; 

Dave Weild, Chairman & CEO, IssuWorks, Inc., 

dated December 3, 2014; Tim Quast, President, 

ModernNetworks IR, LLC, dated December 8, 2014; 

Larry Tabb, Founder & CEO, Tabb Group, dated 

December 10, 2014; John Endean, President, 

American Business Conference, dated December 12, 

2014; Scott Kupor, Managing Partner, Andreessen 

Horowitz and Jeffrey M. Solomon, CEO Cowen and 

Company, Equity Capital Formation Task Force, 

dated December 18, 2014; Eduardo A. Repetto, Vice 

Chairman & Co-CEO, Dimensional Fund Advisors, 

Co-Chief Executive Officer and Co-Chief Investment 

Officer, Dimensional Fund Advisors, dated 

December 18, 2014; Sal Arnuk & Joseph Saluzzi, 

Partners and Co-Founders, Themis Trading, LLC, 

dated December 19, 2014; Simon D. Yates, CEO, 

Two Sigma Securities, LLC, dated December 19, 

2014; Mortimer J. Buckley, Managing Director and 

Chief and Investment Officer, The Vanguard Group, 

Inc., dated December 19, 2014; Rob Flatley, CEO 

and Dave Weisberger, Managing Director, Head of 

Market Structure Analysis, CoreOne Technologies 

LLC, submitted December 19, 2014; Alan F. Hill, 

CEO and William K. Jones, Executive Chairman, 

JonesTrading Institutional Services LLC, dated 

December 19, 2014; R. Glenn Hubbard, Co-Chair, 

John L. Thornton, Co-Chair and Hal S. Scott, 

Director, Committee on Capital Markets Regulation, 

dated December 19, 2014; John Daley, Chairman of 

the Board and James Toes, President & CEO, 

Security Traders Association, dated December 19, 

2014; John McCarthy, General Counsel, KCG 

Holdings, Inc., dated December 19, 2014; Douglas 

A. Cifu, Chief Executive Officer, Virtu Financial, 

dated December 19, 2014; E. Cartier Esham, 

Executive Vice President, Emerging Companies, 

Biotechnology Industry Organization (BIO), dated 

December 22, 2014; Micah Hauptman, Financial 

Services Counsel, Consumer Federation of America, 

dated December 22, 2014; Bobby Franklin, 

President & CEO, National Venture Capital 

Association, dated December 22, 2014; Eric 

Swanson, General Counsel & Secretary, BATS 

Global Markets, Inc. dated December 22, 2014; 

Theodore R. Lazo, Managing Director and Associate 

General Counsel, Securities Industry and Financial 

Markets Association, dated December 22, 2014; 

Daniel G. Weaver, Ph.D., Professor of Finance, 

Director, Master of Financial Analysis Program, 

Associate Director, Whitcomb Center for Research 

in Financial Services, Rutgers, The State University 

of New Jersey, dated December 22, 2014; Stuart J. 

Kaswell, Executive Vice President & Managing 

Director, General Counsel, Managed Funds 

Association, dated December 22, 2014; Kurt N. 

Schacht, Managing Director and James C. Allen, 

Head; CFA Institute, dated December 22, 2014; 

Robert J. McCarthy, Director of Regulatory Policy, 

Wells Fargo Advisors, LLC, dated December 22, 

2014; Daniel Keegan, Managing Director, Head of 

Equities for the Americas, Citigroup Global Markets 

Inc., dated December 22, 2014; Richie Prager, 

Managing Director; Hubert DeJesus, Managing 

Director; Supurna Vedbrat, Managing Director; 

Joanne Medero, Managing Director, BlackRock, Inc., 

dated December 22, 2014; Adam Sussman, Head of 

Market Structure, Liquidnet, Inc., dated December 

22, 2014; Manisha Kimmel, Managing Director, 

Financial Information Forum, dated December 22, 

2014; Tom Quaadman, Vice President, U.S. 

Chamber of Commerce, Center for Capital Markets 

Competitiveness, dated December 22, 2014; Ari 

Burstein, Senior Counsel, Investment Company 

Institute, dated December 22, 2014; Jeff Brown, 

Senior Vice President, Legislative and Regulatory 

Affairs, Charles Schwab & Co., Inc., dated December 

22, 2014; Kimberly Unger, CEO and Executive 

Director, Security Traders Association of New York, 

dated December 22, 2014; Scott C. Goebel, Senior 

Vice President & General Counsel, Fidelity 

Management & Research Co., dated December 22, 

2014; Dennis Dick, CFA, Head, Equity Market 

Structure, Bright Trading LLC, dated December 22, 

2014; Raymond M. Tierney III, President and Chief 

Executive Officer, Gary Stone, Chief Strategy 

Officer, Bloomberg Tradebook LLC dated December 

22, 2014; Mao Ye, Assistant Professor of Finance, 

University of Illinois, Urbana-Champaign, dated 

December 22, 2014; Paul J. Jiganti, Managing 

Director, Market Structure and Client Advocacy and 

John S. Markle, Deputy General Counsel—Retail 

and Clearing Operations, TD Ameritrade, Inc., dated 

December 22, 2014; James J. Angel, Ph.D., CFA, 

Associate Professor of Finance, Georgetown 

University dated December 22, 2014; Christopher 

Nagy and Dave Lauer, KOR Group, LLC dated 

December 22, 2014; James G. Ongena, General 

Counsel, Chicago Stock Exchange, Inc., dated 

December 22, 2014; Andrew Stevens, General 

Counsel, IMC Financial Markets, dated December 

30, 2014; Michael Jacejko, Chief Executive Manager, 

Birch Bay Capital, LLC, dated December 31, 2014; 

James P. Selway III, Managing Director, Head of 

Electronic Brokerage, ITG Inc., dated January 5, 

2015; John C. Nagel, Managing Director & Sr. 

Deputy General Counsel, Citadel LLC, dated 

January 5, 2015; Thomas Wittman, Executive Vice 

President, The NASDAQ OMX Group, LLC, dated 

January 16, 2015; Brendon J. Weiss, Co-Head 

Government Affairs, NYSE, LLC, dated January 16, 

2015; Senators Mark R. Warner and Pat Toomey, 

The United States Senate, dated January 23, 2015; 

Daniel Zinn, General Counsel, OTC Markets Group 

Inc., dated February 24, 2015. Copies of all 

comment letters received on the proposed Plan are 

available on the Commission’s Web site located at 

http://www.sec.gov/comments/4-657/4-657.shtml 

and http://www.sec.gov/comments/jobs-title-i/ticksize-study/tick-size-study.shtml. Comments are also 

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. 

EST. 

6 17 CFR 242.608. 

7 15 U.S.C. 78k–1. 

8 Id. 

9 17 CFR 242.608. 

10 17 CFR 200.30–3(a)(42). 

Rule 608 6 under Section 11A of the 

Act 7 provides that within 120 days of 

the date of publication of notice of filing 

of a NMS plan or an amendment to an 

effective NMS plan, or within such 

longer period as the Commission may 

designate up to 180 days of such date if 

it finds such longer period to be 

appropriate and publishes its reasons 

for so finding or as to which the 

sponsors consent, the Commission shall 

approve such plan or amendment, with 

such changes or subject to such 

conditions as the Commission may 

deem necessary or appropriate, if it 

finds that such plan or amendment is 

necessary or appropriate in the public 

interest, for the protection of investors 

and the maintenance of fair and orderly 

markets, to remove impediments to, and 

perfect the mechanisms of, a national 

market system, or otherwise in 

furtherance of the purposes of the Act. 

The 120th day for the proposed Plan is 

March 7, 2015. 

The Commission hereby extends the 

time period for Commission action on 

the proposed Plan from the 120th day 

and designates May 6, 2015, which is 

the 180th day for the proposed Plan, as 

the time period for Commission action. 

The Commission finds that it is 

appropriate to designate a longer period 

within which to take action on the 

proposed Plan because the extension 

will provide the Commission with 

additional time to consider, and take 

action in light of, among other things, 

the comments received on the proposed 

Plan. 

Accordingly, pursuant to Section 11A 

of the Act 8 and Rule 608 thereunder,9

the Commission designates May 6, 2015 

as the date for Commission action on 

the proposed Plan. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.10

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2015–05052 Filed 3–4–15; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Motor Carrier Safety 

Administration 

Sunshine Act Meetings; Unified Carrier 

Registration Plan Board of Directors 

AGENCY: Federal Motor Carrier Safety 

Administration (FMCSA), DOT. 

ACTION: Notice of Unified Carrier 

Registration Plan Board of Directors 

Meeting. 

TIME AND DATE: The meeting will be held 

on April 9, 2015, from 12:00 Noon to 

3:00 p.m., Eastern Daylight Time. 

PLACE: This meeting will be open to the 

public via conference call. Any 

interested person may call 1–877–422– 

1931, passcode 2855443940, to listen 

and participate in this meeting. 

STATUS: Open to the public. 

MATTERS TO BE CONSIDERED: The Unified 

Carrier Registration Plan Board of 

Directors (the Board) will continue its 

work in developing and implementing 

the Unified Carrier Registration Plan 

and Agreement and to that end, may 

mstockstill on DSK4VPTVN1PROD with NOTICES