66410 Federal Register / Vol. 75, No. 208 / Thursday, October 28, 2010 / Notices 

11The text of the proposed rule change is 

available on Exchange’s Web site at http:// 

www.directedge.com, on the Commission’s Web site 

at http://www.sec.gov, at EDGX, and at the 

Commission’s Public Reference Room. 

12 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3 17 CFR 240.31. 4 15 U.S.C. 78f(f). 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–EDGX–2010–14. This file 

number should be included on the 

subject line if e-mail 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,11 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 a.m. and 3 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– 

2010–14 and should be submitted on or 

before November 18, 2010. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–27244 Filed 10–27–10; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–63165; File No. SR–ISE– 

2010–102] 

Self-Regulatory Organizations; 

International Securities Exchange, 

LLC; Notice of Filing and Immediate 

Effectiveness of Proposed Rule 

Change Relating to the Sales Value 

Fee 

October 22, 2010. 

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 October 

14, 2010, the International Securities 

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

‘‘ISE’’) filed with the Securities and 

Exchange Commission (‘‘Commission’’) 

the proposed rule change as described 

in Items I and II below, which items 

have been prepared by the Exchange. 

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 proposes to adopt ISE 

Rule 212 (Sales Value Fee). 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 

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 

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 the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

Pursuant to Section 31 of the 

Securities Act and Rule 31 thereunder,3

national securities exchanges and 

associations (collectively, ‘‘SROs’’) are 

required to pay a transaction fee to the 

Commission that is designed to recover 

the costs related to the government’s 

supervision and regulation of the 

securities markets and securities 

professionals. To offset this obligation, 

the Exchange Members are assessed 

charges in connection with satisfaction 

of the Exchange’s payment obligations 

under Section 31. The fee is collected 

indirectly from Exchange Members 

through their clearing firms by the 

Options Clearing Corporation (‘‘OCC’’) 

on behalf of the Exchange with respect 

to options sales and options exercises. 

The fee is collected by billing the 

Member’s designated clearing firm for 

the amount owed by the member to the 

Exchange. 

The Exchange is now proposing to 

codify this process by adopting 

proposed Rule 212 (Sales Value Fee). 

Proposed ISE Rule 212 defines the Sales 

Value Fee (‘‘Fee’’) as the fee assessed by 

ISE to each member for sales of 

securities on ISE with respect to which 

ISE is obligated to pay a fee to the 

Commission under Section 31 of the 

Exchange Act. Proposed ISE Rule 212 

provides that, to the extent the 

Exchange may collect more from 

Members under ISE Rule 212 than is 

due to from the Exchange to the 

Commission under Section 31 of the 

Exchange Act, for example due to 

rounding differences, the excess monies 

collected may be used by the Exchange 

to fund its general operating expenses. 

Proposed ISE Rule 212 explains that 

the transactions to which the Fee 

applies are sales of options (other than 

options on a security index) and sales of 

securities resulting from the exercise of 

physical-delivery options traded on ISE. 

As discussed above, the proposed rule 

specifies that the Fee is collected 

indirectly from Exchange Members 

through their clearing firms by the OCC 

on behalf of the Exchange with respect 

to options sales and options exercises. 

Proposed ISE Rule 212 also sets forth 

the formula for calculating the Fee with 

respect to covered options transactions, 

which is equal to (a) the Commission’s 

Section 31 fee rate multiplied by (b) the 

Member’s aggregate dollar mount [sic] of 

covered sales resulting from options 

transactions occurring on the Exchange 

during any computational period. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

the objectives of Section 6 of the Act,4

in general, and furthers the objectives of 


emcdonald on DSK2BSOYB1PROD with NOTICES
Federal Register / Vol. 75, No. 208 / Thursday, October 28, 2010 / Notices 66411 

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

6 15 U.S.C. 78s(b)(3)(A). 

7 17 CFR 240.19b–4(f)(2). 8 17 CFR 200.30–3(a)(12). 

Section 6(b)(4),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. The 

proposed rule is simply codifying a 

practice currently employed by 

Exchange and the OCC to ensure that 

the Exchange is compliant with Section 

31 of the Exchange Act. By adopting this 

rule, the Exchange is providing 

Members with a description of the Fee 

and the process by which the Fee is 

collected. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The proposed rule change does not 

impose any burden on competition that 

is not necessary or appropriate in 

furtherance of the purposes of the Act. 

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) of 

the Act 6 and Rule 19b–4(f)(2) 

thereunder 7 because it establishes a 

due, fee, or other charge imposed on its 

members by ISE. 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 e-mail to rulecomments@sec.gov. Please include File 

Number SR–ISE–2010–102 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Elizabeth M. Murphy, Secretary, 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–1090. 

All submissions should refer to File 

Number SR–ISE–2010–102. This file 

number should be included on the 

subject line if e-mail 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 

a.m. and 3 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–ISE– 

2010–102 and should be submitted on 

or before November 18, 2010. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–27245 Filed 10–27–10; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Data Collection Available for Public 

Comments and Recommendations 

ACTION: Notice and request for 

comments. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995, this 

notice announces the Small Business 

Administration’s intentions to request 

approval on a new and/or currently 

approved information collection. 

DATES: Submit comments on or before 

December 27, 2010. 

ADDRESSES: Send all comments 

regarding whether this information 

collection is necessary for the proper 

performance of the function of the 

agency, whether the burden estimates 

are accurate, and if there are ways to 

minimize the estimated burden and 

enhance the quality of the collection, to 

Edsel Brow, Director, Office of 

Technology, Small Business 

Administration, 409 3rd Street, 6th 

Floor, Washington, DC 20416. 

FOR FURTHER INFORMATION CONTACT: 

George Solomon, Office of Senior 

Policy, 202–205–7343 

edsel.brown@sba.gov Curtis B. Rich, 

Management Analyst, 202–205–7030 

curtis.rich@sba.gov. 

SUPPLEMENTARY INFORMATION: This data 

will be used by SBA to maintain 

information about the SBIR and STTR 

awards issued through the two 

programs. This data will also be used to 

track performance of the SBIR/STTR 

programs as a whole and at specific 

agencies. 

Title: ‘‘Small Business Innovation 

Research (SBIR) and Small Business 

Technology (STTR) Tech-Net Database’’. 

Description of Respondents: All Firms 

or Individuals applying for a Phase 1 or 

Phase II award from the SBIR or STTR 

program. 

Form Number: N/A. 

Annual Responses: 30,000. 

Annual Burden: 15,000. 

Jacqueline White, 

Chief, Administrative Information Branch. 

[FR Doc. 2010–27271 Filed 10–27–10; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

Small Entity Compliance Guide: 

Women-Owned Small Business 

Program 

AGENCY: Small Business Administration. 

ACTION: Notice: Availability of 

Compliance Guide. 

SUMMARY: The Small Business 

Administration (SBA) is announcing the 

availability of a compliance guide for 

the Women-Owned Small Business 

(WOSB) Program. This guide sets forth 

in plain language the requirements for 

participation in the WOSB program, and 

is intended to help small businesses 

understand the regulation and how it 

affects them. 


emcdonald on DSK2BSOYB1PROD with NOTICES