67152 Federal Register / Vol. 75, No. 210 / Monday, November 1, 2010 / Notices 

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

2 17 CFR 240.19b–4. 

= 10 hours). The total cost of 

compliance for the annual burden is 

$3,160 ($316 × 5 hours per response × 

2 responses = $3,160). In addition, 

estimated overhead costs for printing, 

copying, and postage equal to 35% of 

the value of labor costs amount to $553 

per response ($1,580 × 35%). Thus, the 

Commission estimates the total 

annualized cost burden would be $1,106 

($553 × 2 respondents). 

An estimated two respondents will 

meet certain volume thresholds 

requiring them to provide notice to any 

user upon any decision to deny or limit 

that user’s access to the system, and 

these notice obligations will be triggered 

an estimated 27 × per year for each 

respondent. The Commission estimates 

that the average compliance burden for 

each response would be 1 hour of inhouse professional work at $316 per 

hour. Thus, the total compliance burden 

per year is 54 hours (2 respondents × 27 

responses each × 1 hour = 54 hours). 

The total cost of compliance for the 

annual burden is $17,064 ($316 × 1 hour 

per response × 54 responses = $17,064). 

In addition, estimated overhead costs 

for printing, copying, and postage equal 

to 35% of the value of labor costs 

amount to $110.60 per response ($316 × 

35%). Thus, the Commission estimates 

the annualized cost burden for each 

respondent would be $2986.20 ($110.60 

× 27 responses per respondent) and the 

total annualized cost burden for all 

respondents would be $5972.40 

($110.60 × 2 respondents × 27 responses 

per respondent). 

An estimated two respondents will 

meet certain volume thresholds 

requiring them to keep records relating 

to any steps taken to comply with 

systems capacity, integrity, and security 

requirements under Rule 301. The 

Commission estimates that the average 

compliance burden for each response 

would be 10 hours of in-house 

professional work at $316 per hour. 

Thus, the total compliance burden per 

year is 20 hours (2 respondents × 10 

hours = 20 hours). The total cost of 

compliance for the annual burden is 

$6,320 ($316 × 20 hours = $6,320). In 

addition, estimated overhead costs for 

printing, copying, and postage equal to 

35% of the value of labor costs amount 

to $1,106 per response ($3,160 × 35%). 

Thus, the Commission estimates the 

total annualized cost burden would be 

$2,212 ($1,106 × 2 respondents). 

An estimated two respondents will 

meet certain volume thresholds 

requiring them to provide a notice to the 

Commission to report any systems 

outages, and these notice obligations 

will be triggered an estimated 5 times 

per year for each respondent. The 

Commission estimates that the average 

compliance burden for each response 

would be .25 hours of in-house 

professional work at $316 per hour. 

Thus, the total compliance burden per 

year is 2.5 hours (2 respondents × 5 

responses each × .25 hours = 2.5 hours). 

The total cost of compliance for the 

annual burden is $790 ($316 × .25 hours 

per response × 10 responses = $790). In 

addition, estimated overhead costs for 

printing, copying, and postage equal to 

35% of the value of labor costs amount 

to $27.65 per response ($79 × 35%). 

Thus, the Commission estimates the 

annualized cost burden for each 

respondent would be $138.25 ($27.65 × 

5 responses per respondent) and the 

total annualized cost burden for all 

respondents would be $276.50 ($27.65 × 

2 respondents × 5 responses per 

respondent). 

Written comments are invited on 

(a) Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the proposed collection 

of information; (c) ways to enhance the 

quality, utility, and clarity of the 

information collected; and (d) ways to 

minimize the burden of the collection of 

information on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology. Consideration will be given 

to comments and suggestions submitted 

in writing within 60 days of this 

publication. 

Please direct your written comments 

to: Jeffrey Heslop, Acting Chief 

Information Officer, Securities and 

Exchange Commission, c/o Remi PavlikSimon, 6432 General Green Way, 

Alexandria, Virginia 22312 or send an 

e-mail to: PRA_Mailbox@sec.gov. 

Dated: October 25,2010. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–27468 Filed 10–29–10; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

Notice is hereby given, pursuant to 

the provisions of the Government in the 

Sunshine Act, Public Law–409, that the 

Securities and Exchange Commission 

will hold a closed meeting on Thursday, 

November 4, 2010 at 1:30 p.m. 

Commissioners, Counsel to the 

Commissioners, the Secretary to the 

Commission, and recording secretaries 

will attend the closed meeting. Certain 

staff members who have an interest in 

the matters also may be present. 

The General Counsel of the 

Commission, or his designee, has 

certified that, in his opinion, one or 

more of the exemptions set forth in 5 

U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) 

and 17 CFR 200.402(a)(3), (5), (7), 9(ii) 

and (10), permit consideration of the 

scheduled matters at the Closed 

Meeting. 

Commissioner Paredes, as duty 

officer, voted to consider the items 

listed for the closed meeting in a closed 

session, and determined that no earlier 

notice thereof was possible. 

The subject matter of the closed 

meeting scheduled for Thursday, 

November 4, 2010 will be: Institution 

and settlement of injunctive actions; 

institution and settlement of 

administrative proceedings; and other 

matters relating to enforcement 

proceedings. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting items. 

For further information and to 

ascertain what, if any, matters have been 

added, deleted or postponed, please 

contact: The Office of the Secretary at 

(202) 551–5400. 

Dated: October 28, 2010. 

Elizabeth M. Murphy, 

Secretary. 

[FR Doc. 2010–27640 Filed 10–28–10; 4:15 pm] 

BILLING CODE P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–63179; File No. SR–ISE– 

2010–104] 

Self-Regulatory Organizations; 

International Securities Exchange, 

LLC; Notice of Filing and Immediate 

Effectiveness of Proposed Rule 

Change Amending Its Schedule of 

Fees 

October 26, 2010. 

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

Securities Exchange Act of 1934 

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

notice is hereby given that on October 

19, 2010, International Securities 

Exchange, LLC (‘‘ISE’’ or ‘‘Exchange’’) 

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 Commission is publishing this 

mstockstill on DSKH9S0YB1PROD with NOTICES

Federal Register / Vol. 75, No. 210 / Monday, November 1, 2010 / Notices 67153 

3 15 U.S.C. 78f. 

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

5 15 U.S.C. 78s(b)(3). 

6 17 CFR 240.19b–4(f)(2). 

7 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

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 amend its 

fee schedule by eliminating all fees 

related to its equity market. 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 

Exchange 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 has ceased trading 

equity securities in its market. 

Therefore, the Exchange is now 

proposing to eliminate all fees related to 

the trading of equity securities and its 

equity membership from its Schedule of 

Fees. The Exchange believes that 

eliminating the fees related to equities 

will simplify and clarify its Schedule of 

Fees, and thereby avoid investor 

confusion by only publishing fees for 

products that are traded on its market. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

the objectives of Section 6 of the Act,3

in general, and furthers the objectives of 

Section 6(b)(4),4 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. Since 

the Exchange no longer trades equities 

in its market, the proposed rule change 

will simply its Schedule of Fees by 

eliminating the fees related to equities. 

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 5 and Rule 19b–4(f)(2) 6

thereunder. 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. 

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–2010–104 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–2010–104. 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 such filing 

will also 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 No. SR–ISE–2010– 

104 and should be submitted on or 

before November 22, 2010. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–27494 Filed 10–29–10; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–63177; File No. SR–ISE– 

2010–105] 

Self-Regulatory Organizations; 

International Securities Exchange, 

LLC; Notice of Filing and Immediate 

Effectiveness of Proposed Rule 

Change Relating to a Date for the 

Additional Expiration Months Pilot 

Program 

October 25, 2010. 

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

Securities Exchange Act of 1934 

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

notice is hereby given that on October 

20, 2010, the International Securities 

Exchange, Inc. (the ‘‘Exchange’’ or ‘‘ISE’’) 

filed with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I and II below, which Items have 

been prepared by the Exchange. The 

mstockstill on DSKH9S0YB1PROD with NOTICES