Document ID: SEC-2016-1559-0001
Agency: sec
Document Type: Notice
Title: Joint Industry Plans: Addition of Investors Exchange, LLC
Posted Date: 2016-09-01T04:00Z

[Federal Register Volume 81, Number 170 (Thursday, September 1, 2016)]
[Notices]
[Pages 60395-60396]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21021]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78700; File No. S7-24-89]

Joint Industry Plan; Notice of Filing and Immediate Effectiveness 
of Amendment No. 37 to the Joint Self-Regulatory Organization Plan 
Governing the Collection, Consolidation and Dissemination of Quotation 
and Transaction Information for Nasdaq-Listed Securities Traded on 
Exchanges on an Unlisted Trading Privileges Basis To Add the Investors 
Exchange LLC as a Participant

August 26, 2016.
    Pursuant to Section 11A(a)(3) of the Securities Exchange Act of 
1934 (``Exchange Act'') \1\ and Rule 608 thereunder,\2\ notice is 
hereby given that on August 11, 2016 the Participants in the Joint 
Self-Regulatory Organization Plan Governing the Collection, 
Consolidation and Dissemination of Quotation and Transaction 
Information for Nasdaq-Listed Securities Traded on Exchanges on an 
Unlisted Trading Privileges Basis (``NASDAQ/UTP Plan'' or ``Plan'') \3\ 
filed with the Securities and Exchange Commission (``Commission'') \4\ 
an amendment to the Plan to add Investors Exchange LLC (``IEX'') as a 
Participant \5\ to the Plan. The Commission is publishing this notice 
to solicit comments on the amendment from interested persons.
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    \1\ 15 U.S.C. 78k-1(a)(3).
    \2\ 17 CFR 242.608.
    \3\ See, e.g., Securities Exchange Act Release No. 55647 (April 
19, 2007) 72 FR 20891 (April 26, 2007).
    \4\ See Letter from Emily Kasparov, Chairman, Operating 
Committee, NASDAQ UTP Plan, to Brent J. Fields, Secretary, 
Securities and Exchange Commission, dated August 10, 2016.
    \5\ The term ``Participant'' is defined as a registered national 
securities exchange or national securities association that is a 
signatory to the Plan
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I. Description and Purpose of the Plan Amendment

    As noted above, the amendment to the Plan adds the IEX as a 
Participant. On June 17, 2016, the Commission issued an order granting 
IEX's application for registration as a national securities 
exchange.\6\ A condition of the Commission's approval was the 
requirement for IEX to join the Plan.
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    \6\ See Securities Exchange Act Release No. 78101 (June 17, 
2016), 81 FR 41141 (June 23, 2016).
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    Under Section I.B of the Plan, any other national securities 
association or national securities exchange, in whose market Eligible 
Securities become traded, may become a Participant, provided that said 
organization executes a copy of the Plan and pays its share of 
development costs, as specified in the Plan. The amendment is effective 
upon filing with the Commission in accordance with Rule 608 of 
Regulation NMS.
    IEX has satisfied all requirements under the Plan, and has executed 
a copy of the Plan currently in effect, with the only change being the 
addition of its name to the Plan. Accordingly, all of the Plan 
requirements for effecting an amendment to the Plan to add IEX as a 
Participant have been satisfied.

II. Effectiveness of the Proposed Plan Amendment

    The foregoing Plan amendment has become effective pursuant to Rule 
608(b)(3)(iii) of the Exchange Act \7\ because it involves solely 
technical or ministerial matters. At any time within sixty days of the 
filing of this amendment, the Commission may summarily abrogate the 
amendment and require that it be refiled pursuant to paragraph (a)(1) 
of Rule 608,\8\ if it appears to the Commission that such action is 
necessary or appropriate in the public interest, for the protection of 
investors, or the maintenance of fair and orderly markets, to remove 
impediments to, and perfect the mechanisms of, a national market system 
or otherwise in furtherance of the purposes of the Exchange Act.
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    \7\ 17 CFR 242.608(b)(3)(iii).
    \8\ 17 CFR 242.608(a)(1).
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III. Solicitation of Comments

    Interested persons are invited to submit written data, views and 
arguments concerning the foregoing, including whether the amendment 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 email to rule-comments@sec.gov. Please include 
File Number S7-24-89 on the subject line.

[[Page 60396]]

Paper Comments

     Send paper comments in triplicate to Brent J. Fields, 
Secretary, Securities and Exchange Commission, 100 F Street NE., 
Washington, DC 20549-1090.

All submissions should refer to File Number S7-24-89. 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 plan amendment that are filed 
with the Commission, and all written communications relating to the 
amendment 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 Chicago Stock 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 S7-24-89 and should be 
submitted on or before September 22, 2016.

    By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2016-21021 Filed 8-31-16; 8:45 am]
BILLING CODE 8011-01-P