Federal Register / Vol. 79, No. 200 / Thursday, October 16, 2014 / Notices 62239 

8 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

All submissions should refer to File 

Number SR–CBOE-2014–072. 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–CBOE– 

2014–072 and should be submitted on 

or before November 6, 2014. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2014–24541 Filed 10–15–14; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–73330; File No. SR–Phlx– 

2014–64] 

Self-Regulatory Organizations; 

NASDAQ OMX PHLX LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change to Options 

Floor Procedure Advice F–27, Options 

Exchange Official Rulings 

October 9, 2014. 

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 

2, 2014, NASDAQ OMX PHLX LLC 

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

Securities and Exchange Commission 

(‘‘SEC’’ or ‘‘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 correct 

Options Floor Procedure Advice 

(‘‘Advice’’) F–27, Options Exchange 

Official Rulings, by updating an 

obsolete reference. 

The text of the proposed rule change 

is below; proposed new language is in 

italics; proposed deletions are in 

brackets. 

* * * * * 

F–27 Options Exchange Official 

Rulings 

Options Exchange Officials are 

empowered to render rulings on the 

trading floor to resolve trading disputes 

occurring on and respecting activities 

on the trading floor. All rulings 

rendered by Options Exchange Officials 

are effective immediately and must be 

complied with promptly. Failure to 

promptly comply with a ruling 

concerning a trading dispute may result 

in referral to the Business Conduct 

Committee. Failure to promptly comply 

with other rulings issued pursuant to 

Order and Decorum Regulations or 

Floor Procedure Advices and not 

concerning a trading dispute may result 

in an additional violation. Options 

Exchange Officials need not render 

decisions in any instance where the 

request for a ruling was not made within 

a reasonable period of time. An Options 

Exchange Official should not render a 

decision or authorize a citation where 

such Options Exchange Official was 

involved in or affected by the dispute, 

as well as in any situation where the 

Options Exchange Official is not able to 

objectively and fairly render a decision. 

Options Exchange Officials shall 

endeavor to be prompt in rendering 

decisions. However, in any instance 

where an Options Exchange Official has 

determined that the benefits of further 

discovery as to the facts and 

circumstances of any matter under 

review outweigh the monetary risks of 

a delayed ruling, the Options Exchange 

Official may determine to delay 

rendering the ruling until such time as 

that further discovery is completed. In 

issuing decisions for the resolution of 

trading disputes, Options Exchange 

Officials shall institute the course of 

action deemed by the ruling Options 

Exchange Official to be more fair to all 

parties under the circumstances at the 

time. An Options Exchange Official may 

direct the execution of an order on the 

floor, or adjust the transaction terms or 

participants to an executed order on the 

floor. However, an Options Exchange 

Official may nullify a transaction if they 

determine the transaction to have been 

in violation of Rule Rules 1014 

(Obligations and Restrictions Applicable 

to Specialists and Registered Options 

Traders), Rule 1017 (Openings In 

Options), Rule 1033 (Bids And OffersPremium) or Rule 1080 (Phlx XL and 

Phlx XL II). 

Exchange staff may determine that an 

Options Exchange Official is ineligible 

to participate in a particular ruling 

where it appears that such Options 

Exchange Official has a conflict of 

interest. For purposes of this Rule, and 

without limitation, a conflict of interest 

exists where an Options Exchange 

Official: (a) Is directly or indirectly 

affiliated with a party seeking an 

Options Exchange Official ruling; (b) is 

a participant or is directly or indirectly 

affiliated with a participant in a 

transaction that is the subject of an 

Options Exchange Official ruling; (c) is 

a debtor or creditor of a party seeking 

an Options Exchange Official ruling; or 

(d) is an immediate family member of a 

party seeking an Options Exchange 

Official ruling. Exchange staff may 

consider other circumstances, on a caseby-case basis, in determining the 

eligibility or ineligibility of a particular 

Options Exchange Official to participate 

in a particular ruling due to a conflict 

of interest. 

All Options Exchange Official rulings 

concerning the adjustment and 

nullification of transactions are 

reviewable by the [Referee (as defined in 

Rule 124)] Market Operations Review 

Committee. 

(i)–(v) No change. 

FINE SCHEDULE 

$250.00 

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 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
62240 Federal Register / Vol. 79, No. 200 / Thursday, October 16, 2014 / Notices 

3Securities Exchange Act Release Nos. 60687 

(September 18, 2009), 74 FR 49060 (September 25, 

2009) (SR–Phlx–2009–59) (Replacing Referee with 

Options Trade Review Committee); and 64338 

(April 25, 2011), 76 FR 24069 (April 29, 2011) (SR– 

Phlx–2011–13) (Renaming the Options Trade 

Review Committee as the Market Operations 

Review Committee). 

4Options Exchange Official rulings (including 

those concerning the nullification or adjustment of 

transactions) may be sustained, overturned or 

modified by the Market Operations Review 

Committee. See Rule 124(d) and By-Law Article V, 

Section 5–3(d). 

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

6 15 U.S.C. 78f(b)(5). 

7 15 U.S.C. 78s(b)(3)(A)(iii). 

8 17 CFR 240.19b–4(f)(6). 

9 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. 

10 17 CFR 240.19b–4(f)(6)(iii). 

11For purposes only of waiving the 30-day 

operative delay, the Commission has considered the 

proposed rule’s impact on efficiency, competition, 

and capital formation. See 15 U.S.C. 78c(f). 

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 purpose of the proposal is to 

correct an Exchange provision 

respecting how disputes are settled. 

Advice F–27 generally parallels Rule 

124 and governs how disputes are 

settled on the Exchange’s options 

trading floor. Specifically, Advice F–27 

(as well as Rule 124) provides that 

Options Exchange Officials are 

empowered to render rulings on the 

trading floor to resolve trading disputes 

occurring on and respecting activities 

on the trading floor. It also governs the 

process for rendering rulings and 

situations where the Options Exchange 

Official may have a conflict. 

Some time ago, Options Exchange 

Official rulings were appealable to the 

Exchange Referee, an Exchange 

employee who was empowered to 

review Options Exchange Official 

rulings. In 2009,3 the Exchange replaced 

the Referee with a committee, the 

Market Operations Review Committee,4

and inadvertently left one reference to 

the Referee in Advice F–27. At this 

time, the Exchange proposes to delete 

that reference and replace it with 

reference to the Market Operations 

Review Committee. This change to 

Advice F–27 ensures that the terms used 

in the Advice and the Rule are 

consistent and up-to-date. 

2. Statutory Basis 

The Exchange believes that its 

proposal is consistent with Section 6(b) 

of the Act 5 in general, and furthers the 

objectives of Section 6(b)(5) of the Act 6

in particular, in that it is designed to 

promote just and equitable principles of 

trade, and, to protect investors and the 

public interest, by providing a clear rule 

on how rulings can be appealed. 

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, because it 

merely corrects a reference. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were either 

solicited or received. 

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 7 and Rule 

19b–4(f)(6) thereunder.8 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 

for 30 days from the date on which it 

was filed, or such shorter time as the 

Commission may designate, the 

proposed rule change has become 

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

of the Act and Rule 19b–4(f)(6)(iii) 

thereunder.9

A proposed rule change filed under 

Rule 19b–4(f)(6) normally does not 

become operative prior to 30 days after 

the date of the filing. However, pursuant 

to Rule 19b–4(f)(6)(iii),10 the 

Commission may designate a shorter 

time if such action is consistent with the 

protection of investors and the public 

interest. The Exchange has asked the 

Commission to waive the 30-day 

operative delay so that the proposal may 

become operative immediately upon 

filing. The Commission believes that 

waiving the 30-day operative delay is 

consistent with the protection of 

investors and the public interest. 

Specifically, the Commission believes 

that the proposal would eliminate 

confusion in the Exchange’s rules and 

provide clarification to the public. 

Therefore, the Commission hereby 

waives the 30-day operative delay and 

designates the proposal operative upon 

filing.11

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– 

Phlx–2014–64 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–Phlx–2014–64. 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 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
Federal Register / Vol. 79, No. 200 / Thursday, October 16, 2014 / Notices 62241 

12 17 CFR 200.30–3(a)(12). 

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–Phlx– 

2014–64 and should be submitted on or 

before November 6, 2014. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2014–24544 Filed 10–15–14; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice 8918] 

Culturally Significant Objects Imported 

for Exhibition Determinations: ‘‘Monet/ 

Kelly’’ 

SUMMARY: Notice is hereby given of the 

following determinations: Pursuant to 

the authority vested in me by the Act of 

October 19, 1965 (79 Stat. 985; 22 U.S.C. 

2459), Executive Order 12047 of March 

27, 1978, the Foreign Affairs Reform and 

Restructuring Act of 1998 (112 Stat. 

2681, et seq.; 22 U.S.C. 6501 note, et 

seq.), Delegation of Authority No. 234 of 

October 1, 1999, and Delegation of 

Authority No. 236–3 of August 28, 2000 

(and, as appropriate, Delegation of 

Authority No. 257 of April 15, 2003), I 

hereby determine that the objects to be 

included in the exhibition ‘‘Monet/

Kelly,’’ imported from abroad for 

temporary exhibition within the United 

States, are of cultural significance. The 

objects are imported pursuant to loan 

agreements with the foreign owners or 

custodians. I also determine that the 

exhibition or display of the exhibit 

objects at the Sterling and Francine 

Clark Art Institute, Williamstown, 

Massachusetts, from on or about 

November 23, 2014, until on or about 

February 15, 2015, and at possible 

additional exhibitions or venues yet to 

be determined, is in the national 

interest. I have ordered that Public 

Notice of these Determinations be 

published in the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the imported objects, contact Paul W. 

Manning, Attorney-Adviser, Office of 

the Legal Adviser, U.S. Department of 

State (telephone: 202–632–6469). The 

mailing address is U.S. Department of 

State, SA–5, L/PD, Fifth Floor (Suite 

5H03), Washington, DC 20522–0505. 

Dated: October 8, 2014. 

Kelly Keiderling, 

Principal Deputy Assistant Secretary, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2014–24629 Filed 10–15–14; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Public Notice 8916] 

Culturally Significant Objects Imported 

for Exhibition Determinations: ‘‘Bridget 

Riley’’ Exhibition 

SUMMARY: Notice is hereby given of the 

following determinations: Pursuant to 

the authority vested in me by the Act of 

October 19, 1965 (79 Stat. 985; 22 U.S.C. 

2459), Executive Order 12047 of March 

27, 1978, the Foreign Affairs Reform and 

Restructuring Act of 1998 (112 Stat. 

2681, et seq.; 22 U.S.C. 6501 note, et 

seq.), Delegation of Authority No. 234 of 

October 1, 1999, Delegation of Authority 

No. 236–3 of August 28, 2000 (and, as 

appropriate, Delegation of Authority No. 

257 of April 15, 2003), I hereby 

determine that the objects to be 

included in the exhibition ‘‘Bridget 

Riley,’’ imported from abroad for 

temporary exhibition within the United 

States, are of cultural significance. The 

objects are imported pursuant to loan 

agreements with the foreign owners or 

custodians. I also determine that the 

exhibition or display of the exhibit 

objects at The Art Institute of Chicago, 

Chicago, IL, from on or about November 

11, 2014, until on or about March 15, 

2015, and at possible additional 

exhibitions or venues yet to be 

determined, is in the national interest. 

I have ordered that Public Notice of 

these Determinations be published in 

the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the exhibit objects, contact Julie 

Simpson, Attorney-Adviser, Office of 

the Legal Adviser, U.S. Department of 

State (telephone: 202–632–6467). The 

mailing address is U.S. Department of 

State, SA–5, L/PD, Fifth Floor (Suite 

5H03), Washington, DC 20522–0505. 

Dated: October 8, 2014. 

Kelly Keiderling, 

Principal Deputy Assistant Secretary, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2014–24649 Filed 10–15–14; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF STATE 

[Public Notice 8917] 

Culturally Significant Objects Imported 

for Exhibition Determinations: ‘‘Keith 

Haring: The Political Line’’ Exhibition 

SUMMARY: Notice is hereby given of the 

following determinations: Pursuant to 

the authority vested in me by the Act of 

October 19, 1965 (79 Stat. 985; 22 U.S.C. 

2459), Executive Order 12047 of March 

27, 1978, the Foreign Affairs Reform and 

Restructuring Act of 1998 (112 Stat. 

2681, et seq.; 22 U.S.C. 6501 note, et 

seq.), Delegation of Authority No. 234 of 

October 1, 1999, Delegation of Authority 

No. 236–3 of August 28, 2000 (and, as 

appropriate, Delegation of Authority No. 

257 of April 15, 2003), I hereby 

determine that the objects to be 

included in the exhibition ‘‘Keith 

Haring: The Political Line,’’ imported 

from abroad for temporary exhibition 

within the United States, are of cultural 

significance. The objects are imported 

pursuant to loan agreements with the 

foreign owners or custodians. I also 

determine that the exhibition or display 

of the exhibit objects at the Fine Arts 

Museums of San Francisco, de Young, 

San Francisco, CA, from on or about 

November 8, 2014, until on or about 

February 16, 2015, and at possible 

additional exhibitions or venues yet to 

be determined, is in the national 

interest. I have ordered that Public 

Notice of these Determinations be 

published in the Federal Register. 

FOR FURTHER INFORMATION CONTACT: For 

further information, including a list of 

the exhibit objects, contact Julie 

Simpson, Attorney-Adviser, Office of 

the Legal Adviser, U.S. Department of 

State (telephone: 202–632–6467). The 

mailing address is U.S. Department of 

State, SA–5, L/PD, Fifth Floor (Suite 

5H03), Washington, DC 20522–0505. 

Dated: October 8, 2014. 

Kelly Keiderling, 

Principal Deputy Assistant Secretary, Bureau 

of Educational and Cultural Affairs, 

Department of State. 

[FR Doc. 2014–24655 Filed 10–15–14; 8:45 am] 

BILLING CODE 4710–05–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

Twenty Seventh Meeting: RTCA 

Special Committee 213, Enhanced 

Flight Vision Systems/Synthetic Vision 

Systems (EFVS/SVS) 

AGENCY: Federal Aviation 

Administration (FAA), U.S. Department 

of Transportation (DOT). 


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