42194 Federal Register / Vol. 82, No. 171 / Wednesday, September 6, 2017 / Notices 

63See e.g., Securities Exchange Act Release No. 

62158 (May 24, 2010), 75 FR 30082 (May 28, 2010) 

(SR–CBOE–2008–088); Securities Exchange Act 

Release No. 64127 (March 25, 2011), 76 FR 17974 

(March 31, 2011) (SR–CBOE–2011–010); and 

Securities Exchange Act Release No. 80523 (April 

25, 2017), 82 FR 20399 (May 1, 2017) (SR–CBOE– 

2017–017). 

64See e.g., Amended and Restated By-Laws of 

Miami International Securities Exchange, LLC, 

Article II, Section 2.4(f). 65 17 CFR 200.30–3(a)(12). 

and designed to protect investors and 

the public interest.63 The Exchange 

believes that conforming its governance 

documents based on the documents of 

the CBOE and C2 exchanges would 

streamline the CBOE Holdings’ U.S. 

securities exchanges’ governance 

process, create equivalent governing 

standards among the exchanges and also 

provide clarity to its members, which is 

beneficial to both investors and the 

public interest. 

To the extent there are differences 

between the current CBOE and C2 

framework and the proposed Exchange 

framework, the Exchange believes the 

differences are reasonable. First, the 

Exchange believes it’s reasonable to 

provide that in Run-Off Elections, each 

Exchange Member shall have one (1) 

vote for each Representative Director 

position to be filled that year instead of 

one vote per Trading Permit held, 

because the Exchange, unlike CBOE and 

C2, does not have Trading Permits and 

because other exchanges have similar 

practices 64 The Exchange believes it’s 

also reasonable not to require the 

establishment of an Advisory Board, as 

the Exchange desires flexibility in 

maintaining such a Committee, and is 

not statutorily required to maintain such 

a committee. Additionally, the 

Exchange notes that it currently does 

not have an Advisory Board. Lastly, the 

Exchange notes that it is reasonable to 

not require a standing exchange-level 

Appeals Committee because the Board 

still has the authority to appoint an 

Appeals Committee in the future as 

needed pursuant to its powers under 

Article IV, Section 4.1 of the proposed 

Bylaws and because an Appeals 

Committee is not statutorily required. 

Finally, the proposed amendments to 

the rules as discussed above are nonsubstantive changes meant to merely 

update the Rules in light of the 

proposed changes to the current Bylaws 

and to relocate certain provisions to 

better conform the Exchange’s 

governance documents to those of CBOE 

and C2. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe the 

proposed rule change will impose any 

burden on competition not necessary or 

appropriate in furtherance of the 

purposes of the Act. The proposed rule 

change relates to the corporate 

governance of BZX and not the 

operations of the Exchange. This is not 

a competitive filing and, therefore, 

imposes no burden on competition. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants or Others 

The Exchange neither solicited nor 

received comments on the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period 

up to 90 days (i) as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or (ii) as to which 

the Exchange consents, the Commission 

will: (a) By order approve or disapprove 

such proposed rule change, or (b) 

institute proceedings to determine 

whether the proposed rule change 

should be disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposal 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 No. SR– 

BatsBZX–2017–55 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 No. 

SR–BatsBZX–2017–55. 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 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–BatsBZX– 

2017–55 and should be submitted on or 

before September 27, 2017. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.65

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–18791 Filed 9–5–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission; Office of FOIA Services; 

100 F Street NE.; Washington, DC 

20549–2736 

Extension: 

Form N–6F, SEC File No. 270–185, OMB 

Control No. 3235–0238 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.) the Securities 

and Exchange Commission (the 

‘‘Commission’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit this existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

The title for the collection of 

information is ‘‘Form N–6F (17 CFR 

274.15), Notice of Intent to Elect to be 

Subject to Sections 55 through 65 of the 

Investment Company Act of 1940.’’ The 

purpose of Form N–6F is to notify the 

Commission of a company’s intent to 

file a notification of election to become 


asabaliauskas on DSKBBXCHB2PROD with NOTICES
Federal Register / Vol. 82, No. 171 / Wednesday, September 6, 2017 / Notices 42195 

1A company might not be prepared to elect to be 

subject to Sections 55 through 65 of the 1940 Act 

because its capital structure or management 

compensation plan is not yet in compliance with 

the requirements of those sections. 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f)(2). 

5See Securities Exchange Release No. 81292 

(August 2, 2017), 82 FR 37144 (August 8, 

2017)(Order Approving SR–BOX–2016–48 as 

modified by Amendment Nos. 1 and 2). 

6 Id. 

subject to Sections 55 through 65 of the 

Investment Company Act of 1940 (15 

U.S.C. 80a–1 et seq.) (‘‘1940 Act’’). 

Certain companies may have to make a 

filing with the Commission before they 

are ready to elect to be regulated as a 

business development company.1 A 

company that is excluded from the 

definition of ‘‘investment company’’ by 

Section 3(c)(1) because it has fewer than 

one hundred shareholders and is not 

making a public offering of its securities 

may lose such an exclusion solely 

because it proposes to make a public 

offering of securities as a business 

development company. Such company, 

under certain conditions, would not 

lose its exclusion if it notifies the 

Commission on Form N–6F of its intent 

to make an election to be regulated as 

a business development company. The 

company only has to file a Form N–6F 

once. 

The Commission estimates that on 

average approximately 12 companies 

file these notifications each year. Each 

of those companies need only make a 

single filing of Form N–6F. The 

Commission further estimates that this 

information collection imposes burden 

of 0.5 hours, resulting in a total annual 

PRA burden of 6 hours. Based on the 

estimated wage rate, the total cost to the 

industry of the hour burden for 

complying with Form N–6F would be 

approximately $2,070. 

The collection of information under 

Form N–6F is mandatory. The 

information provided under the form is 

not kept confidential. An agency may 

not conduct or sponsor, and a person is 

not required to respond to, a collection 

of information unless it displays a 

currently valid OMB control number. 

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 will have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the 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 Pamela Dyson, Director/Chief 

Information Officer, Securities and 

Exchange Commission, C/O Remi 

Pavlik-Simon, 100 F Street NE., 

Washington, DC 20549; or send an email 

to: PRA_Mailbox@sec.gov. 

Dated: August 31, 2017. 

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–18859 Filed 9–5–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81504; File No. SR–BOX– 

2017–28] 

Self-Regulatory Organizations; BOX 

Options Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

a Proposed Rule Change To Establish 

Fees and Rebates for the Trading Floor 

on the BOX Market LLC (‘‘BOX’’) 

Options Facility 

August 30, 2017. 

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 August 

21, 2017, BOX Options Exchange LLC 

(the ‘‘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 

Exchange filed the proposed rule change 

pursuant to Section 19(b)(3)(A)(ii) of the 

Act,3 and Rule 19b–4(f)(2) thereunder,4

which renders the proposal 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 the Substance 

of the Proposed Rule Change 

The Exchange is filing with the 

Securities and Exchange Commission 

(‘‘Commission’’) a proposed rule change 

to amend the Fee Schedule to establish 

fees and rebates for the Trading Floor on 

the BOX Market LLC (‘‘BOX’’) options 

facility. While changes to the fee 

schedule pursuant to this proposal will 

be effective upon filing, the changes will 

become operative on August 22, 2017. 

The text of the proposed rule change is 

available from the principal office of the 

Exchange, at the Commission’s Public 

Reference Room and also on the 

Exchange’s Internet Web site at http://

boxexchange.com. 

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 proposes to amend the 

Fee Schedule for trading on BOX to 

create a new fee and rebate structure for 

manual transactions initiated from the 

BOX Trading Floor. The Exchange 

recently adopted rules to allow for an 

open outcry Trading Floor.5

The Exchange represented in its filing 

with the Securities and Exchange 

Commission (‘‘SEC’’ or the 

‘‘Commission’’) to establish the Trading 

Floor that, ‘‘the Exchange has not yet 

determined the fees for transactions 

executed on the Trading Floor. Prior to 

commencing trading on the Trading 

Floor, the Exchange will file proposed 

fees with the Commission.’’ 6 As the 

Exchange intends to begin trading on 

the Trading Floor on August 22, 2017, 

it is submitting this filing to describe the 

fees that will be applicable to 

transactions presented on the Trading 

Floor. 

Section I. Exchange Fees 

The Exchange proposes to amend the 

language to the title of Section I. to 

differentiate between electronic 

transaction fees and manual transaction 

fees. Currently, the Exchange assesses 

Exchange Fees based on transaction 

types and account types. The Exchange 

proposes to add ‘‘Electronic 

Transaction’’ and remove ‘‘Exchange’’ to 

the title of Section I to distinguish that 

Section I fees only apply to transactions 

that are initiated electronically through 


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