Document ID: SEC-2008-0278-0001
Agency: sec
Document Type: Notice
Title: Application for Registration as a National Securities Exchange; Notice of Filing: BATS Exchange, Inc.
Posted Date: 2008-02-20T05:00Z

[Federal Register: February 20, 2008 (Volume 73, Number 34)]
[Notices]               
[Page 9370]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20fe08-121]                         

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-57322; File No. 10-182]

 
BATS Exchange, Inc.; Notice of Filing of Application and 
Amendment No. 1 Thereto for Registration as a National Securities 
Exchange Under Section 6 of the Securities Exchange Act of 1934

February 13, 2008.
    On November 8, 2007, BATS Exchange, Inc. (``BATS Exchange'') 
submitted to the Securities and Exchange Commission (``Commission'') a 
Form 1 application under the Securities Exchange Act of 1934 
(``Exchange Act''), seeking registration as a national securities 
exchange under Section 6 of the Exchange Act. On February 13, 2008, 
BATS Exchange submitted Amendment No. 1 to its Form 1. The Commission 
is publishing this notice to solicit comments on BATS Exchange's Form 
1, as amended. The Commission will take these comments into 
consideration in making its determination about whether to grant BATS 
Exchange's request to be registered as a national securities exchange. 
The Commission shall grant such registration if it finds that the 
requirements of the Exchange Act and the rules and regulations 
thereunder with respect to BATS Exchange are satisfied.\1\
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    \1\ 15 U.S.C. 78s(a).
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    BATS Exchange's Form 1 provides detailed information on how it 
proposes to satisfy the requirements of the Exchange Act. In general, 
BATS Exchange will operate a fully automated electronic book for orders 
to buy or sell securities with a continuous, automated matching 
function. Liquidity will be derived from orders to buy and orders to 
sell submitted to BATS Exchange electronically by BATS Exchange members 
from remote locations. BATS Exchange will not have a trading floor, nor 
will there be exchange specialists or market makers. BATS Exchange's 
Form 1 is available at the Commission's Public Reference Room and 
http://www.sec.gov.

    Interested persons are invited to submit written data, views, and 
arguments concerning BATS Exchange's Form 1, including whether BATS 
Exchange's application is consistent with the Exchange 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 rule-comments@sec.gov. Please include 

File Number 10-182 on the subject line.

Paper Comments

     Send paper comments in triplicate to Nancy M. Morris, 
Secretary, Securities and Exchange Commission, Station Place, 100 F 
Street, NE., Washington, DC 20549-1090.

    All submissions should refer to File Number 10-182. 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 BATS Exchange's Form 1 filed with 
the Commission, and all written communications relating to the 
application 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 inspection and copying 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. 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 10-182 
and should be submitted on or before April 7, 2008.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\2\
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    \2\ 17 CFR 200.30-3(a)(71)(i).

Florence E. Harmon,
Deputy Secretary.
[FR Doc. E8-3082 Filed 2-19-08; 8:45 am]

BILLING CODE 8011-01-P