Federal Register / Vol. 79, No. 215 / Thursday, November 6, 2014 / Notices 66007 

17See supra nn. 10–11. 

18 15 U.S.C. 78s(b)(3)(A). 

19 17 CFR 240.19b–4(f)(2). 

20 15 U.S.C. 78s(b)(2)(B). 21 17 CFR 200.30–3(a)(12). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

to other exchanges and, as noted above, 

the increased fees are comparable to 

port fees offered by competing option 

exchanges.17 The Exchange notes that it 

operates in a highly competitive market 

in which market participants can 

readily favor competing venues. In such 

an environment, the Exchange must 

continually review, and consider 

adjusting, its fees and credits to remain 

competitive with other exchanges. For 

the reasons described above, the 

Exchange believes that the proposed 

rule change reflects this competitive 

environment. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change is effective 

upon filing pursuant to Section 

19(b)(3)(A) 18 of the Act and 

subparagraph (f)(2) of Rule 19b–4 19

thereunder, because it establishes a due, 

fee, or other charge imposed by the 

Exchange. 

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. If the 

Commission takes such action, the 

Commission shall institute proceedings 

under Section 19(b)(2)(B) 20 of the Act to 

determine whether the proposed rule 

change 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– 

NYSEARCA–2014–123 on the subject 

line. 

Paper Comments 

• Send paper comments in triplicate 

to Brent J. Fields, Secretary, Securities 

and Exchange Commission, 100 F Street 

NE., Washington, DC 20549. 

All submissions should refer to File 

Number SR–NYSEARCA–2014–123. 

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 

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– 

NYSEARCA–2014–123 and should be 

submitted on or before November 28, 

2014. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.21

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2014–26348 Filed 11–5–14; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–73490; File No. SR– 

NYSEMKT–2014–92] 

Self-Regulatory Organizations: NYSE 

MKT LLC; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change Amending the NYSE 

Amex Options Fee Schedule To Modify 

the Fees Related to the Use of Ports 

That Provide Connectivity to the 

Exchange’s Trading Systems for Entry 

of Orders and/or Quotes 

October 31, 2014. 

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

Securities Exchange Act of 1934 (the 

‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on October 

23, 2014, NYSE MKT LLC (the 

‘‘Exchange’’ or ‘‘NYSE MKT’’) filed with 

the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the selfregulatory organization. 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 amend the 

NYSE Amex Options Fee Schedule 

(‘‘Fee Schedule’’) to modify the fees 

related to the use of ports that provide 

connectivity to the Exchange’s trading 

systems for entry of orders and/or 

quotes. The Exchange proposes to 

implement the fee changes effective 

November 3, 2014. The text of the 

proposed rule change is available on the 

Exchange’s Web site at www.nyse.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 

self-regulatory organization 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 those 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, 

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66008 Federal Register / Vol. 79, No. 215 / Thursday, November 6, 2014 / Notices 

4An affiliate is a person or firm that directly, or 

indirectly through one or more intermediaries, 

controls or is controlled by, or is under common 

control with, the firm. See Rule 900.2NY(1). 

5The Exchange’s backup datacenter is currently 

located in Chicago, Illinois. The Exchange notes 

that it monitors usage of these particular Ports and, 

accordingly, if an order/quote is sent to the 

Exchange via one of these Ports, then the Port is 

charged the applicable monthly Port Fee. 6For example, a NYSE Amex Market Maker 

authorized to utilize 100 Ports is charged $27,000 

in monthly Port Fees (i.e., $450 × 40 = $18,000 plus 

$150 × 60 = $9,000). However, if during that month, 

the NYSE Amex Market Maker executes at least 

50% of their volume in open outcry, the NYSE 

Amex Market Maker then becomes eligible for a 

discount of 60%—or a reduction of $16,200. 

However, the proposal caps the amount of the 

available discount to $10,000 per month. Thus, in 

this example, the Port Fees charged would be 

$17,000 ($27,000 less the maximum monthly 

discount of $10,000). 

of the most significant parts 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 proposes to amend the 

Fee Schedule to modify the fees related 

to the use of ports that provide 

connectivity to the Exchange’s trading 

systems for entry of oreers and/or 

quotes. The Exchange proposes to 

implement the fee changes on 

November 3, 2014. The purpose of the 

proposed fee changes are to ensure a fair 

and reasonable use of Exchange 

resources by allowing the Exchange to 

recoup certain of its connectivity costs 

(described below), while continuing to 

offer competitive rates to ATP Holders. 

The Exchange currently makes 

available to ATP Holders order/quote 

entry ports for connectivity to Exchange 

trading systems (each a ‘‘Port’’). ATP 

Holders may be authorized to utilize 

Port(s) for option activity on NYSE 

Amex Options and incur monthly Port 

Fees by the Exchange, as set forth in the 

table below. 

PORT FEES: 

ORDER/QUOTE ENTRY PORT* ...................................................... Ports 1–5: no charge. 

Ports 6–100: $200 per port per month. 

Ports 101 and greater: $100 per port per month. 

Backup datacenter port: no fee unless utilized during the relevant 

month, in which case, above fees shall apply. 

* For purpose of calculating the number of order/quote entry ports, the Exchange shall aggregate the ports of affiliates.4

Thus, while there is no charge to an 

ATP Holder authorized to utilize five 

Ports, an ATP Holder will, for example, 

pay $200 per month for a sixth Port. 

Once ATP Holders exceed the first five 

Ports, the charges may look as follows: 

An ATP Holder authorized to utilize 50 

Ports is charged $9,000 in monthly Port 

Fees (i.e., 45 × $200); 100 Ports is 

charged $19,000 in monthly Port Fees 

(i.e., 95 × $200); or 120 Ports is charged 

$21,000 in monthly Ports Fees (i.e., 95 

× $200 plus 20 × $100). Finally, 

unutilized Ports that connect to the 

Exchange via its backup datacenter are 

considered to have been established for 

backup purposes and are not charged 

Port Fees.5

At this time, the Exchange is 

proposing to modify its Port Fees as set 

forth in the table below, with new 

charges appearing underlined and 

deletions appearing in brackets. 

PORT FEES: 

ORDER/QUOTE ENTRY PORT* ...................................................... [Ports 1–5: no charge]. 

[Ports 6–100: $200 per port per month]. 

Ports 1–40: $450 per port per month. 

Ports [101]41 and greater: [$100]$150 per port per month. 

NYSE Amex Options Market Maker Open Outcry Discount .................... Any NYSE Amex Options Market Maker that executes 50% or more of 

their market maker volume in open outcry shall receive a discount on 

their monthly port fees of 60%, not to exceed a maximum dollar discount of $10,000 per month. 

In sum, the Exchange is proposing to 

no longer offer Ports 1–5 free of charge 

and will instead charge ATP Holders 

$450 per Port, per month for the first 40 

Ports that an ATP Holder is authorized 

to utilize. The Exchange further 

proposes to charge $150 per Port, per 

month for any Port in excess of 40 for 

which an ATP Holder is authorized. 

Using the example above, an ATP 

Holder would be charged as follows: An 

ATP Holder authorized to utilize 50 

Ports would be charged $19,500 in 

monthly Port Fees (i.e., 40 × $450 plus 

10 × $150); 100 Ports is charged $27,000 

in monthly Port Fees (i.e., 40 × $450 

plus 60 × $150); or 120 Ports is charged 

$30,000 in monthly Ports Fees (i.e., 40 

× $450 plus 80 × $150). In addition, the 

Exchange proposes to offer a discount 

on monthly Port Fees of 60%, not to 

exceed $10,000, for any NYSE Amex 

Option Market Maker firms that execute 

at least 50% of their Market Maker 

volume in open outcry in any given 

month.6

The Exchange proposes to implement 

these changes on November 3, 2014. In 

this regard, as is the case today, the 

Exchange notes that billing for Ports 

would continue to be based on the 

number of Ports for which an ATP 

Holder has been authorized for option 

activity on the third business day prior 

to the end of the month. Similarly, the 

Exchange would continue to assess the 

Port Fees based on the number of Ports 

authorized—except for Ports that are 

considered established for backup 

purposes—such that the level of activity 

with respect to a particular Port would 

not affect the assessment of monthly 

fees. With regard to the discount on 

monthly Port Fees for Market Maker 

volume executed in open outcry, the 

measurement period for billing 

purposes will be based on the activity 

in the month prior, such that September 

Market Maker volumes will be used to 

decide if the Market Maker qualified for 

the 60% discount on their October Port 

Fees. 

The Exchange is also proposing a nonsubstantive, formatting change to the 

section of the fee schedule that applies 

to Port Fees. The Exchange is proposing 

to re-format that section of the Fee 

Schedule as a table with distinct rows 

and columns to make the Fee Schedule 

easier for participants to understand. 

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 79, No. 215 / Thursday, November 6, 2014 / Notices 66009 

7 15 U.S.C. 78f(b). 

8 15 U.S.C. 78f(b)(4). 

9See Securities and Exchange Release No. 68231 

(November 14, 2012), 77 FR 69682 (November 20, 

2012) (SR–NYSEMKT–2012–60). 

10See CBOE Fee Schedule available here, http:// 

www.cboe.com/publish/feeschedule/

CBOEFeeSchedule.pdf (CBOE Command 

Connectivity Charges, at p 10). 

11See NOM Price List, available here, http://

nasdaq.cchwallstreet.com/NASDAQTools/

bookmark.asp?id=nasdaq-rule-options_

XVS3&manual=/nasdaq/main/nasdaqoptionsrules/ (Section 3, NASDAQ Options 

Market—Access Services). 

12See supra nn. 10–11. 

13For example, as of October 9, 2014, there were 

more than 2350 individual option series overlying 

Chipotle Mexican Grill, Inc. (NYSE: CMG). 

14These figures are valid as of October 9, 2014. 

15See the Fee Schedule, available here, https:// 

www.nyse.com/publicdocs/nyse/markets/amexoptions/NYSE_Amex_Options_Fee_Schedule.pdf. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Securities Exchange 

Act of 1934 (the ‘‘Act’’),7 in general, and 

furthers the objectives of Section 6(b)(4) 

of the Act,8 in particular, because it 

provides for the equitable allocation of 

reasonable dues, fees, and other charges 

among its members, issuers and other 

persons using its facilities and does not 

unfairly discriminate between 

customers, issuers, brokers or dealers. 

The Exchange believes that the 

proposed fee changes are reasonable, 

equitable and not unfairly 

discriminatory because they are 

designed to ensure a fair and reasonable 

use of Exchange resources by allowing 

the Exchange to recoup for certain of its 

connectivity costs, while continuing to 

offer competitive rates to ATP Holders. 

The Exchange notes that it has not 

increased its Port Fees since November 

2012,9 and the proposed increases are 

intended to adjust the Port Fees to 

reflect the increased costs that the 

Exchange bears with respect to 

maintaining the Ports. Specifically, the 

Exchange believes that the proposed 

increase in Port Fees are reasonable 

because the proposed fees charged for 

Ports would enable the Exchange to 

offset, in part, its connectivity costs 

associated with making such Ports 

available, including costs based on 

gateway software and hardware 

enhancements and resources dedicated 

to gateway development, quality 

assurance, and support. In this regard, 

the Exchange believes that the proposed 

Port Fees are in line with those charged 

by other venues, and that in some cases 

its Port Fees would be less expensive 

than many of its primary competitors. 

For example, the Chicago Board Options 

Exchange (‘‘CBOE’’) charges $500 per 

port per month for a Network Access 

Port.10 The NASDAQ Options Market 

(‘‘NOM’’) charges $550 per port per 

month.11

The Exchange believes that the 

proposed fees are reasonable, equitable 

and not unfairly discriminatory 

because—just as they do today—ATP 

Holders are able to request, and pay for, 

only those Ports that they require, with 

no impact to other ATP Holders. 

The Exchange believes that it is 

reasonable, equitable and not unfairly 

discriminatory to no longer offer the 

first five ports free of charge as all ATP 

Holders are being treated in the same 

manner. Further, as noted above, the 

Exchange believes that the proposed fee 

changes are reasonable, equitable and 

not unfairly discriminatory because they 

are designed to ensure a fair and 

reasonable use of Exchange resources by 

allowing the Exchange to recoup for 

certain of its connectivity costs, while 

continuing to offer competitive rates to 

ATP Holders. 

The Exchange believes that the 

proposed monthly per Port fee of $450 

for the first 40 Ports is reasonable, 

equitable and not unfairly 

discriminatory because it is comparable 

to the rates of other exchanges.12 The 

Exchange also believes that the 

proposed fees are equitable and not 

unfairly discriminatory because they 

would apply to all ATP Holders that 

utilize Ports for options activity on the 

Exchange. 

The Exchange also believes that it is 

reasonable, equitable and not unfairly 

discriminatory to decrease the monthly 

per Port rate from $450 to $150 once an 

ATP Holder has exceeded 40 Ports (i.e., 

a monthly per Port charge of $150 for 

Ports 41+). Specifically, reducing the 

monthly fee to $150 per Port when an 

ATP Holder needs to utilize more than 

40 Ports would enable those firms to 

maintain those connections to the 

Exchange, while helping to offset the 

increased costs of that connection. In 

addition, the reduced fee is likewise 

appropriate given that certain market 

participants, particularly options Market 

Makers, require more than 40 Ports in 

order to satisfy their responsibilities and 

obligations to investors, which stem 

from the significant number of series 

that exist for any particular option 

class 13 and the requirement for NYSE 

Amex Option Market Makers to 

maintain a bid or offer in assigned 

classes. Furthermore, Market Makers 

that quote across a significant number, 

if not all, of the 2,482 classes traded on 

the Exchange have responsibility for 

upwards of 650,000 individual option 

series.14 Accordingly, the level of 

activity that is required to satisfy a 

Market Maker’s quoting obligations, 

which directly relates to the number of 

Ports required, is such that the 

Exchange believes it is reasonable, 

equitable and not unfairly 

discriminatory to offer a reduced fee to 

ATP Holders that utilize more than 40 

Ports on the Exchange in a given month. 

Further, the Exchange believes that 

the proposal to offer a 60% discount on 

Port Fees, not to exceed a maximum 

discount of $10,000 per month, to those 

NYSE Amex Options Market Makers 

that execute at least 50% of their market 

maker volume in a given month in open 

outcry is also reasonable, equitable and 

not unfairly discriminatory. First, the 

Exchange believes that the trading floor 

plays an important role in the options 

market. Specifically, trading floors 

provide price discovery for large or 

complex strategies not easily exposed in 

electronic auctions. In order to 

encourage robust participation in the 

Exchange’s outcry markets, the 

Exchange believes that it is reasonable 

to offer a discount in the manner 

described for those NYSE Amex Options 

Market Makers that continue to provide 

price discovery in open outcry as 

evidenced by the relative level of their 

market maker volume executed in open 

outcry. The Exchange notes that it has 

offered similar discounts in the past to 

encourage NYSE Amex Options Market 

Makers to maintain a presence in the 

open outcry market. For example, the 

Exchange charges a lower ATP fee for 

Floor Market Makers to encourage their 

presence and participation in the outcry 

markets on the trading floor. The 

qualifying criteria for eligibility for the 

discounted ATP fees is a function of 

how much of the Floor Market Maker’s 

volume is transacted in open outcry.15

As the proposed discount is available 

to any NYSE Amex Options Market 

Maker that executes at least 50% of their 

market maker volume in open outcry, 

the Exchange believes that the current 

proposal is not unfairly discriminatory 

as any market making firm can seek to 

place individual traders on the trading 

floor. The Exchange believes the 

proposal is reasonable and equitable as 

the price discovery found in the outcry 

markets benefits all participants. The 

Exchange notes that the proposed 

discount would apply for those Market 

Makers that reach or exceed the volume 

threshold for open outcry transactions. 

The Exchange believes that this 

threshold has been appropriately set to 

provide an incentive for floor-based 

market making because this threshold 

represents a level where the 

preponderance of volume is in open 

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66010 Federal Register / Vol. 79, No. 215 / Thursday, November 6, 2014 / Notices 

16 15 U.S.C. 78f(b)(8). 

17See supra nn. 10–11. 

18 15 U.S.C. 78s(b)(3)(A). 

19 17 CFR 240.19b–4(f)(2). 

20 15 U.S.C. 78s(b)(2)(B). 21 17 CFR 200.30–3(a)(12). 

outcry and therefore not dependent on 

a Port, but a Port is nonetheless 

necessary to meet Market Maker quoting 

obligations. The Exchange notes that 

Floor Market Makers that do not meet 

this volume threshold for their options 

activity in open outcry would continue 

to be charged at the same rate for Port 

Fees as all other ATP Holders. 

The Exchange believes that the 

proposal to re-format the section of the 

fee schedule describing Port Fees into a 

table, with distinct rows and columns, 

is reasonable, equitable and not unfairly 

discriminatory as the proposed change 

will reduce confusion and will make the 

fee schedule more transparent and 

easier for all participants to understand. 

Finally, the Exchange believes that it 

is subject to significant competitive 

forces, as described below in the 

Exchange’s statement regarding the 

burden on competition. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

In accordance with Section 6(b)(8) of 

the Act,16 the Exchange does not believe 

that the proposed rule change would 

impose any burden on competition that 

is not necessary or appropriate in 

furtherance of the purposes of the Act. 

The Exchange believes the proposed fee 

change is reasonably designed to be fair 

and equitable, and therefore, will not 

unduly burden any particular group of 

market participants trading on the 

Exchange vis-a`-vis another group (i.e., 

Market Markers versus non-Market 

Makers). Specifically, the Exchange 

believes that the reduced fee for ATP 

Holders that utilize more than 40 Ports 

will relieve any undue burden that the 

proposed fee change might have on 

Marker Makers. Further, the Exchange 

believes that the proposed discount to 

the monthly Port Fee, capped at $10,000 

for those NYSE Amex Options Market 

Maker that executes at least 50% of their 

market maker volume in open outcry, 

likewise does not impose any undue 

burden on competition among and 

between market participants because as 

any market making firm can seek to 

place individual traders on the trading 

floor. In addition, the Exchange believes 

that the proposed changes will enhance 

the competiveness of the Exchange 

relative to other exchanges and, as noted 

above, the increased fees are comparable 

to port fees offered by competing option 

exchanges.17 The Exchange notes that it 

operates in a highly competitive market 

in which market participants can 

readily favor competing venues. In such 

an environment, the Exchange must 

continually review, and consider 

adjusting, its fees and credits to remain 

competitive with other exchanges. For 

the reasons described above, the 

Exchange believes that the proposed 

rule change reflects this competitive 

environment. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change is effective 

upon filing pursuant to Section 

19(b)(3)(A) 18 of the Act and 

subparagraph (f)(2) of Rule 19b–4 19

thereunder, because it establishes a due, 

fee, or other charge imposed by the 

Exchange. 

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. If the 

Commission takes such action, the 

Commission shall institute proceedings 

under Section 19(b)(2)(B) 20 of the Act to 

determine whether the proposed rule 

change 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– 

NYSEMKT–2014–092 on the subject 

line. 

Paper Comments 

• Send paper comments in triplicate 

to Brent J. Fields, Secretary, Securities 

and Exchange Commission, 100 F Street 

NE., Washington, DC 20549. 

All submissions should refer to File 

Number SR–NYSEMKT–2014–092. 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 

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– 

NYSEMKT–2014–092 and should be 

submitted on or before November 28, 

2014. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.21

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2014–26349 Filed 11–5–14; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–73483; File No. SR–OCC– 

2014–14] 

Self-Regulatory Organizations; The 

Options Clearing Corporation; Order 

Approving Proposed Rule Change To 

Better Manage Risks Concentration 

and Other Risks Associated With 

Accepting Deposits of Common 

Stocks for Margin Purposes 

October 31, 2014. 

On July 15, 2014, The Options 

Clearing Corporation (‘‘OCC’’) filed with 

the Securities and Exchange 

mstockstill on DSK4VPTVN1PROD with NOTICES