20548 Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Notices 

28 15 U.S.C. 78s(b)(3)(A)(iii). 

29 17 CFR 240.19b–4(f)(6). 

30 15 U.S.C. 78s(b)(3)(A). 

31 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6)(iii) requires the Exchange to give the 

Commission written notice of the Exchange’s intent 

to file the proposed rule change, along with a brief 

description and text of the proposed rule change, 

at least five business days prior to the date of filing 

of the proposed rule change, or such shorter time 

as designated by the Commission. The Exchange 

has satisfied this requirement. 

32 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

definitions of ZBB, ZBO, and ZBBO, as 

discussed above, will contribute to the 

protection of investors and the public 

interest by eliminating the definition of 

a term that is no longer used in the 

Exchange’s Rules which will make the 

Exchange’s Rules easier to understand 

and help to avoid confusion. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange 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. To the 

contrary, allowing the Exchange to make 

the above proposed modifications to 

Rule 11.23 in order to allow an auction 

to occur at a price that is not the 

Alternate Price where there isn’t limit 

interest on both sides (Limit Order 

Participation), to eliminate the use of 

ZBB, ZBO, and ZBBO from the auction 

process (Volume Based Tie Breaker, 

Reference Price Range, LLOC and 

LLOO, and ZBBO), to validate the 

NBBO before using it to establish the 

Volume Based Tie Breaker (Volume 

Based Tie Breaker), and to eliminate the 

requirement that there be at least one 

limit order on either the Continuous 

Book or the Auction Book in order to 

use the NBBO for the Volume Based Tie 

Breaker or the Reference Price (Volume 

Based Tie Breaker and Reference Price) 

will, in the aggregate, allow the 

Exchange to better compete with other 

exchanges as a listing venue by 

improving the Exchange’s auction 

process by allowing more executions to 

occur at more reasonable prices that are 

based on market-wide pricing. As 

mentioned above, the Exchange has 

received feedback from market 

participants and issuers alike regarding 

these issues and the proposed 

amendments will both address this 

feedback and improve the Exchange’s 

auction process, allowing it to better 

compete as both a listing and execution 

venue. 

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 

the proposed rule change. The Exchange 

has, however, as described above, 

received unsolicited comments from 

both Members and issuers that helped 

lead to the changes proposed herein. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The Exchange has filed the proposed 

rule change pursuant to Section 

19(b)(3)(A)(iii) of the Act 28 and Rule 

19b–4(f)(6) thereunder.29 Because the 

proposed rule change does not: (i) 

Significantly affect the protection of 

investors or the public interest; (ii) 

impose any significant burden on 

competition; and (iii) become operative 

prior to 30 days from the date on which 

it was filed, or such shorter time as the 

Commission may designate, if 

consistent with the protection of 

investors and the public interest, the 

proposed rule change has become 

effective pursuant to Section 19(b)(3)(A) 

of the Act 30 and Rule 19b–4(f)(6) 

thereunder.31

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. 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 Number SR– 

BATS–2015–31 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–BATS–2015–31. 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–BATS– 

2015–31, and should be submitted on or 

before May 7, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.32

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–08696 Filed 4–15–15; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–74708; File No. SR–EDGX– 

2015–16] 

Self-Regulatory Organizations; EDGX 

Exchange, Inc.; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change Related to Fees for Use 

of EDGX Exchange, Inc. 

April 10, 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 April 1, 


tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Notices 20549 

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

4 17 CFR 240.19b–4(f)(2). 

5The term ‘‘Member’’ is defined as ‘‘any 

registered broker or dealer, or any person associated 

with a registered broker or dealer, that has been 

admitted to membership in the Exchange. A 

Member will have the status of a ‘‘member’’ of the 

Exchange as that term is defined in Section 3(a)(3) 

of the Act.’’ See Exchange Rule 1.5(n). 

6A logical port is commonly referred to as a TCP/ 

IP port, and represents a port established by the 

Exchange within the Exchange’s system for trading 

and billing purposes. Each logical port established 

is specific to a Member or non-member and grants 

that Member or non-member the ability to operate 

a specific application, such as FIX order entry or 

Multicast PITCH data receipt. 

7See Securities Exchange Act Release No. 71449 

(January 30, 2014), 79 FR 6961 (February 5, 2014) 

(SR–EDGX–2013–043; SR–EDGA–2013–034). 

8The Exchange notes that EDGA intends to file 

a proposal very similar to this proposal that will 

align its logical port fees across each of the BGM 

Affiliated Exchanges. The Exchange also notes that 

BZX and BYX also intend to file a proposal to 

increase its port fees from $400 per month per port 

to $500 per month per port as well as to change 

references to ‘‘GRP Ports’’ to ‘‘Multicast PITCH GRP 

Ports’’. 

9See BATS Global Markets Access Fee Changes 

for 2015, available at http://cdn.batstrading.com/

resources/fee_schedule/2015/BATS-GlobalMarkets-Access-Services-Fee-Changes-for-2015.pdf 

(issued October 7, 2014). 

10The term ‘‘System’’ is defined in Rule 1.5(cc). 

11See Securities Exchange Act Release Nos. 

69670 (May 30, 2013), 78 FR 33871 (June 5, 2013) 

(SR–EDGX–2013–18); and 69669 (May 30, 2013), 78 

FR 33880 (June 5, 2013) (SR–EDGA–2013–14). 

2015, EDGX Exchange, Inc. (the 

‘‘Exchange’’ or ‘‘EDGX’’) 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 

by the Exchange. The Exchange has 

designated the proposed rule change as 

one establishing or changing a member 

due, fee, or other charge imposed by the 

Exchange under section 19(b)(3)(A)(ii) 

of the Act 3 and Rule 19b–4(f)(2) 

thereunder,4 which renders the 

proposed rule change effective upon 

filing with the Commission. 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 Exchange filed a proposal to 

amend its fees and rebates applicable to 

Members 5 of the Exchange pursuant to 

EDGX Rule 15.1(a) and (c) (‘‘Fee 

Schedule’’) to: (i) Amend the fees 

charged for and description of the 

logical ports 6 offered; and (ii) make a 

series of immaterial, non-substantive 

changes. 

The text of the proposed rule change 

is available at the Exchange’s Web site 

at www.batstrading.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 

Exchange 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 

Exchange has prepared summaries, set 

forth in Sections A, B, and C below, of 

the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to: (i) Amend 

the fees charged for and description of 

the logical ports offered; and (ii) make 

a series of immaterial, non-substantive 

changes. 

Logical Ports 

Currently, the Exchange maintains 

logical ports for order entry, drop 

copies, testing, and market data for 

which it currently charges $500 per 

month per port, with the first two (2) 

ports provided free of charge. Ports used 

to request a re-transmission of market 

data from the Exchange are also 

provided free of charge. 

In early 2014, the Exchange and its 

affiliate, EDGA Exchange, Inc. 

(‘‘EDGA’’), received approval to effect a 

merger (the ‘‘Merger’’) of the Exchange’s 

parent company, Direct Edge Holdings 

LLC, with BATS Global Markets, Inc., 

the parent of BZX and BYX (together 

with BZX, EDGA, and EDGX, the ‘‘BGM 

Affiliated Exchanges’’).7 In the context 

of the Merger, the BGM Affiliated 

Exchanges are working to align certain 

system and regulatory functionality, 

retaining only intended differences 

between the BGM Affiliated Exchanges. 

This includes migrating the BGM 

Affiliated Exchanges, which are 

currently located in different data 

centers, into a single data center. As part 

of the data center migration, the 

operation and categorization of logical 

ports provided to access the Exchange 

would be identical to those utilized to 

access BZX and BYX. Therefore, the 

Exchange proposes to harmonize its 

description of logical ports within its 

Fee Schedule to align with the 

descriptions included in the BZX and 

BYX fee schedules.8 As a result, the 

Exchange also proposes to no longer 

provide free of charge: (i) The first two 

(2) logical ports per month; and (ii) 

ports used to request a re-transmission 

of market data from the Exchange. The 

Exchange communicated to Members 

and non-Members of [sic] these changes 

via a trading notice issued on October 

7, 2014.9

First, the Exchange proposes to 

harmonize its description of logical 

ports within its Fee Schedule to align 

with the descriptions included in the 

BZX and BYX fee schedules. As part of 

the data center migration discussed 

above, the operation and categorization 

of ports provided to access the Exchange 

would be identical to those utilized to 

access BZX and BYX. Currently, the 

Exchange charges direct session logical 

ports fees of $500 per month and 

separately categorizes those ports as 

FIX, EDGE XPRS (HPI–API), Data, 

DROP, EdgeRisk. To harmonize the 

description of the logical ports offered 

with those of BZX and BYX, the 

Exchange proposes to no longer 

individually list the available ports 

(other than Multicast PITCH Spin Server 

and GRP ports described below) as all 

of the above are encompassed under the 

term logical ports. In addition, EdgeRisk 

ports will also no longer be separately 

listed within in [sic] the Fee Schedule. 

EdgeRisk ports enable Members, and 

non-Member service bureaus that act as 

conduits for orders entered by Members 

that are their customers, access to a 

System 10 test environment through 

which they can test their automated 

systems that integrate with the 

Exchange.11 Under BATS technology, 

Members and non-Members would no 

longer need a dedicated port to access 

the Exchange’s test environment as they 

would be able to utilize any of their 

existing ports to do so. Therefore, the 

Exchange proposes to not individually 

list EdgeRisk as a separate logical port. 

Second, other than no longer 

providing certain ports free of charge as 

described below, the Exchange does not 

propose to amend the monthly fee [sic] 

logical port fees. All logical ports will 

continue to be subject to a fee of $500 

per month per port. In addition, logical 

port fees proposed above would be 

limited to logical ports in the 

Exchange’s primary data center and no 

logical port fees would be assessed for 

redundant secondary data center ports. 

In addition, the Exchange also proposes 

to no longer provide the first two (2) 

logical ports free of charge. The 

Exchange, like BZX and BYX, will 

assess the monthly per logical port fees 


tkelley on DSK3SPTVN1PROD with NOTICES
20550 Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Notices 

12FIX and BOE ports are the only ports that may 

be used to send orders and related instructions to 

the Exchange. All other port types, including the 

Multicast PITCH Spin Server Port and GRP Port, 

permit Members and non-members to receive 

information from the Exchange. 

13 15 U.S.C. 78f. 

14 15 U.S.C. 78f(b)(4). 

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

16See supra note 8. 

17See Nasdaq Rule 7015 (providing no FIX or 

non-Trading FIX ports free of charge) and the NYSE 

Arca fee schedule available at https://

www.nyse.com/publicdocs/nyse/markets/nyse-arca/

NYSE_Arca_Marketplace_Fees.pdf (dated February 

26, 2105). 

for all of a Member and non-Member’s 

logical ports. 

Currently, the Exchange provides 

ports used to request a retransmission of 

data free of charge. Going forward, the 

Exchange would no longer offer such 

ports free of charge, as proposed below. 

There are currently two types of logical 

ports used to request and receive a 

retransmission of data from the 

Exchange,12 Multicast PITCH Spin 

Server Ports and Multicast PITCH GRP 

Ports. The Exchange’s Multicast PITCH 

data feed is available from two primary 

feeds, identified as the ‘‘A feed’’ and the 

‘‘C feed’’, which contain the same 

information but differ only in the way 

such feeds are received. The Exchange 

also offers two redundant fees, 

identified as the ‘‘B feed’’ and the ‘‘D 

feed.’’ 

The Exchange proposes to offer 

Multicast PITCH Spin Server Ports for a 

fee of $500 per month for a set of 

primary ports (A or C feed) and 

Multicast PITCH GRP Ports for a fee of 

$500 per month for a primary port (A or 

C feed). The Exchange will continue to 

offer for free the ports necessary to 

receive the Exchange’s redundant 

Multicast ‘‘B feed’’ and ‘‘D feed’’, as 

well as all ports made available in the 

Exchange’s secondary data center. 

Accordingly, this proposal only applies 

to ports used to receive an Exchange 

primary Multicast PITCH feeds at the 

Exchange’s primary data center. The 

proposed fees for Multicast PITCH Spin 

Server Ports and GRP Ports are identical 

to those charged by BZX and BYX. 

Lastly, the Exchange proposes to 

rename this section of its Fee Schedule 

entitled ‘‘Port Fees’’ as ‘‘Logical Port 

Fees.’’ 

Non-Substantive Changes 

The Exchange also proposes to make 

a series of immaterial, non-substantive 

changes to its Fee Schedule. None of the 

changes proposed are intended to 

amend any fee or rebate. These changes 

are: 

• Remove the word ‘‘the’’ from the 

description of fee code D; 

• Remove the word ‘‘the’’ from the 

description of fee code RN; 

• Amend footnote 2 to add a colon 

after Tape B Step Up Tier; 

• Amend the Market Data Section to 

add a colon after BATS One Feedsm; 

• Add a colon after ConnectEdge; and 

• Add a colon after Licensing and 

Continuing Education. 

Implementation Date 

The Exchange proposes to implement 

these amendments to its Fee Schedule 

on April 1, 2015. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

the objectives of Section 6 of the Act,13

in general, and furthers the objectives of 

Section 6(b)(4),14 in particular, as 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. The 

Exchange also notes that it operates in 

a highly-competitive market in which 

market participants can readily direct 

order flow to competing venues if they 

deem fee levels at a particular venue to 

be excessive. The proposed rule change 

reflects a competitive pricing structure 

designed to incent market participants 

to direct their order flow to the 

Exchange. The Exchange believes that 

the proposed rates are equitable and 

non-discriminatory in that they apply 

uniformly to all Members. The 

Exchange believes the fees and credits 

remain competitive with those charged 

by other venues and therefore continue 

to be reasonable and equitably allocated 

to Members. 

Logical Ports 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b)(4) of the Act,15 in that it 

provides for the equitable allocation of 

reasonable dues, fees and other charges 

among members and other persons 

using any facility or system which the 

Exchange operates or controls. The 

Exchange notes that its proposed 

changes, combined with the planned 

filings for EDGA, BZX and BYX,16

would allow the BGM Affiliated 

Exchanges to provide consistent logical 

port offerings across each of the BGM 

Affiliated Exchanges. Consistent 

offerings, in turn, will simplify the 

connectivity requirements for Members 

of the Exchange that are also 

participants on EDGA, BZX and/or BYX. 

The proposed rule change would result 

in greater uniformity and less 

burdensome and more efficient 

understanding of Exchange connectivity 

requirements. 

The Exchange also believes that no 

longer providing the first two (2) logical 

ports for free as well as ports used to 

request a retransmission of market data 

also represents an equitable allocation 

of reasonable dues, fees and other 

charges. The Exchange operates in a 

highly competitive market in which 

exchanges offer connectivity services as 

a means to facilitate the trading 

activities of members and other 

participants. Accordingly, fees charged 

for connectivity are constrained by the 

active competition for the order flow of 

such participants as well as demand for 

market data from the Exchange. If a 

particular exchange charges excessive 

fees for connectivity, affected members 

will opt to terminate their connectivity 

arrangements with that exchange, and 

adopt a possible range of alternative 

strategies, including routing to the 

applicable exchange through another 

participant or market center or taking 

that exchange’s data indirectly. 

Accordingly, the exchange charging 

excessive fees would stand to lose not 

only connectivity revenues but also 

revenues associated with the execution 

of orders routed to it by affected 

members, and, to the extent applicable, 

market data revenues. The Exchange 

believes that this competitive dynamic 

imposes powerful restraints on the 

ability of any exchange to charge 

unreasonable fees for connectivity. 

Lastly, the Exchange believe its 

proposed fees are reasonable because 

the Nasdaq Stock Market LLC 

(‘‘Nasdaq’’) and the NYSE Arca, Inc. 

(‘‘NYSE Arca’’) do not provide logical 

ports or ports used for the 

retransmission of market data free of 

charge.17

The Exchange believes that its 

proposed changes to logical port fees are 

reasonable in light of the benefits to 

Exchange participants of direct market 

access and receipt of data. In addition, 

the Exchange believes that its fees are 

equitably allocated among Exchange 

constituents based upon the number of 

access ports that they require to receive 

data from the Exchange. Further, the 

Exchange believes that its fees are not 

unreasonably discriminatory because all 

market participants are charged 

standard fees for port usage. The 

Exchange notes that it believes its prior 

fee structure, under which two ports 

were provided free of charge, was 

reasonable, equitably allocated and not 

unreasonably discriminatory because it 

was available to all market participants 

and was intended to encourage 

Members and non-members to connect 

to the Exchange. However, by moving 

towards a more uniform approach to 


tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Notices 20551 

18 Id. 

19 15 U.S.C. 78s(b)(3)(A). 

20 17 CFR 240.19b–4(f). 

port descriptions and charges across the 

BGM Affiliated Exchanges, the 

Exchange believes that its fees are even 

more equitably allocated and 

nondiscriminatory. The Exchange also 

believes that its fees for access services 

will enable it to better cover its 

infrastructure costs and to improve its 

market technology and services. 

Lastly, the Exchange also believes that 

the proposed amendments to its fee 

schedule are non-discriminatory 

because they will apply uniformly to all 

Members. All Members that voluntarily 

select various service options will be 

charged the same amount for the same 

services. All Members have the option 

to select any connectivity option, and 

there is no differentiation among 

Members with regard to the fees charged 

for the services offered by the Exchange. 

Non-Substantive Changes 

The Exchange believes that the nonsubstantive clarifying changes to its Fee 

Schedule are equitable, reasonable, and 

non-discriminatory because none of the 

proposed changes are designed to 

amend any fee, nor alter the manner in 

which it assesses fees or calculates 

rebates. These non-substantive changes 

to the Fee Schedule are intended to 

make the Fee Schedule clearer and less 

confusing for investors and eliminate 

potential investor confusion, thereby 

removing impediments to and 

perfecting the mechanism of a free and 

open market and a national market 

system, and, in general, protecting 

investors and the public interest. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange believes its proposed 

amendments to its Fee Schedule would 

not impose any burden on competition 

that is not necessary or appropriate in 

furtherance of the purposes of the Act. 

The Exchange does not believe that the 

proposed change represents a significant 

departure from previous pricing offered 

by the Exchange or pricing offered by 

the Exchange’s competitors. 

Additionally, Members may opt to 

disfavor the Exchange’s pricing if they 

believe that alternatives offer them 

better value. Accordingly, the Exchange 

does not believe that the proposed 

change will impair the ability of 

Members or competing venues to 

maintain their competitive standing in 

the financial markets. 

Logical Ports 

The Exchange 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. The 

Exchange notes that, other than no 

longer providing two (2) ports or ports 

used for the retransmission of market 

data for free each month, it does not 

proposes to alter the fees charged from 

their current levels. As discussed above, 

the Exchange believes that fees for 

connectivity are constrained by the 

robust competition for order flow among 

exchanges and non-exchange markets. 

Further, excessive fees for connectivity, 

including logical port fees, would serve 

to impair an exchange’s ability to 

compete for order flow rather than 

burdening competition. In addition, 

allowing the Exchange to implement 

substantively identical logical port fees 

across each of the BGM Affiliated 

Exchanges does not present any 

competitive issues, but rather is 

designed to provide greater 

harmonization among Exchange, BYX, 

BZX, and EDGA. Lastly, the Exchange 

believes the proposal to no longer 

provide two (2) ports or ports used for 

the retransmission of market data for 

free each month would enhance 

intermarket competition because 

Nasdaq and NYSE Arca do not provide 

logical ports or ports used for the 

retransmission of market data free of 

charge.18 The Exchange also does not 

believe the proposed rule change would 

impact intramarket competition as it 

would apply to all Members and nonMembers equally. 

Non-Substantive Changes 

The Exchange believes that the nonsubstantive changes to the Fee Schedule 

will not affect intermarket nor 

intramarket competition because none 

of these changes are designed to amend 

any fee or alter the manner in which the 

Exchange assesses fees or calculates 

rebates. 

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) 

of the Act 19 and paragraph (f) of Rule 

19b–4 thereunder.20 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 rule-comments@

sec.gov. Please include File Number SR– 

EDGX–2015–16 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–EDGX–2015–16. 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–EDGX– 


tkelley on DSK3SPTVN1PROD with NOTICES
20552 Federal Register / Vol. 80, No. 73 / Thursday, April 16, 2015 / Notices 

21 17 CFR 200.30–3(a)(12). 

2015–16, and should be submitted onor 

before May 7, 2015. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.21

Brent J. Fields, 

Secretary. 

[FR Doc. 2015–08702 Filed 4–15–15; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 9099] 

Foreign Affairs Policy Board Meeting 

Notice 

AGENCY: Department of State. 

Closed Meeting 

In accordance with the Federal 

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

the Department of State announces a 

meeting of the Foreign Affairs Policy 

Board to take place on April 30, 2015, 

at the Department of State, Washington, 

DC. 

The Foreign Affairs Policy Board 

reviews and assesses: (1) Global threats 

and opportunities; (2) trends that 

implicate core national security 

interests; (3) tools and capacities of the 

civilian foreign affairs agencies; and (4) 

priorities and strategic frameworks for 

U.S. foreign policy. Pursuant to section 

10(d) of the Federal Advisory 

Committee Act, 5 U.S.C. App section 

10(d), and 5 U.S.C. 552b(c)(1), it has 

been determined that this meeting will 

be closed to the public as the Board will 

be reviewing and discussing matters 

properly classified in accordance with 

Executive Order 13526. 

For more information, contact Gloria 

Lee at (202) 647–1965. 

Dated: April 13, 2015. 

Andrew McCracken, 

Designated Federal Officer. 

[FR Doc. 2015–08864 Filed 4–15–15; 8:45 am] 

BILLING CODE 4710–10–P 

DEPARTMENT OF STATE 

[Public Notice 9098] 

In the Matter of the Designation of Ali 

Ouni Harzi Also Known as Ali Harzi 

Also Known as Ali Bin Al-tahar Bin Alfalah Al-ouni Al-Harzi as a Specially 

Designated Global Terrorist Pursuant 

to Section 1(b) of Executive Order 

13224, as Amended 

Acting under the authority of and in 

accordance with section 1(b) of 

Executive Order 13224 of September 23, 

2001, as amended by Executive Order 

13268 of July 2, 2002, and Executive 

Order 13284 of January 23, 2003, I 

hereby determine that the individual 

known as Ali Ouni Harzi, also known as 

Ali Harzi, also known as Ali Bin Altahar Bin Al-falah Al-ouni Al-Harzi, 

committed, or poses a significant risk of 

committing, acts of terrorism that 

threaten the security of U.S. nationals or 

the national security, foreign policy, or 

economy of the United States. 

Consistent with the determination in 

section 10 of Executive Order 13224 that 

‘‘prior notice to persons determined to 

be subject to the Order who might have 

a constitutional presence in the United 

States would render ineffectual the 

blocking and other measures authorized 

in the Order because of the ability to 

transfer funds instantaneously,’’ I 

determine that no prior notice needs to 

be provided to any person subject to this 

determination who might have a 

constitutional presence in the United 

States, because to do so would render 

ineffectual the measures authorized in 

the Order. 

This notice shall be published in the 

Federal Register. 

Dated: March 30, 2015. 

John F. Kerry, 

Secretary of State. 

[FR Doc. 2015–08772 Filed 4–15–15; 8:45 am] 

BILLING CODE 4710–10–P 

DEPARTMENT OF STATE 

[Public Notice: 9095] 

Provision of Certain Temporary and 

Limited Sanctions Relief Under the 

National Defense Authorization Act for 

Fiscal Year 2012 in Order To Continue 

Implementing the Joint Plan of Action 

of November 24, 2013 Between the 

P5+1 and the Islamic Republic of Iran, 

as Extended Through June 30, 2015 

AGENCY: Department of State. 

ACTION: Notice. 

SUMMARY: On November 24, 2013, the 

United States and its partners in the 

P5+1—France, the United Kingdom, 

Russia, China, and Germany—reached 

an initial understanding with Iran, 

outlined in a Joint Plan of Action 

(JPOA),that halts progress on its nuclear 

program and rolls it back in key 

respects. In return, the P5+1 committed 

to provide limited, temporary, and 

targeted sanctions relief to Iran. 

The JPOA was renewed by mutual 

consent of the P5+1 and Iran on July 19, 

2014, and again on November 24, 2014, 

extending the temporary sanctions relief 

provided under the JPOA to cover the 

period beginning on November 24, 

2014, and ending June 30, 2015 (the 

Extended JPOA Period), in order to 

continue negotiations aimed at 

achieving a long-term comprehensive 

solution to ensure that Iran’s nuclear 

program will be exclusively peaceful. 

This Notice outlines the U.S. 

Government (USG) actions taken to 

extend certain sanctions relief under the 

National Defense Authorization Act for 

Fiscal Year 2012 as part of this 

understanding. 

DATES: Effective Date: The effective 

dates of these waiver actions are as 

described in the determinations set forth 

below. 

FOR FURTHER INFORMATION CONTACT: On 

general issues: Paul Pavwoski, Office of 

Economic Sanctions Policy and 

Implementation, Department of State, 

Telephone: (202) 647–8836. 

SUPPLEMENTARY INFORMATION: The U.S. 

government has executed temporary, 

partial waivers of certain sanctions 

under the National Defense 

Authorization Act for Fiscal Year 2012 

(NDAA), in order to continue 

implementing the sanctions relief under 

the JPOA. All U.S. sanctions not 

explicitly waived or suspended 

pursuant to the JPOA as extended 

remain fully in force, including 

sanctions on transactions with 

individuals and entities on the SDN List 

unless otherwise specified. 

Furthermore, U.S. persons and foreign 

entities owned or controlled by U.S. 

persons (‘‘U.S.-owned or -controlled 

foreign entities’’) continue to be 

generally prohibited from conducting 

transactions with Iran, including any 

transactions of the types permitted 

pursuant to the JPOA as extended, 

unless licensed to do so by OFAC. The 

U.S. government will continue to 

enforce U.S. sanctions laws and 

regulations against those who engage in 

sanctionable activities that are not 

covered by the suspensions and 

temporary waivers issued pursuant to 

the JPOA as extended. 

Sanctions suspended under the 

NDAA are scheduled to resume on July 

1, 2015 unless further action is taken by 

the P5+1 and Iran and subsequent 

waivers are issued by the U.S. 

government. Companies engaging in 

activities covered by the temporary 

sanctions relief described in this notice 

should expect sanctions to apply to any 

activities that extend beyond the current 

end date of the Extended JPOA Period, 

June 30, 2015. The temporary 

suspension of sanctions applies only to 

activities that begin and end during the 

period January 20, 2014 to June 30, 

2015. 


tkelley on DSK3SPTVN1PROD with NOTICES