Weekly Roundup of Exchange Rules by Category

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links below to view the SEC's notices of exchange rule changes and proposals from January 11 to January 15.

Clearance & Settlement:

• DTC: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the DTC Custody Service Guide to Codify Its Current Procedures for Assigning a Value to Custody Service Securities for Shipping Insurance Valuation Purposes (Release No. 34-76870; File No. SR-DTC-2016-001; January 11, 2016)
• DTC: The Depository Trust Company; Order Approving Proposed Rule Change Regarding the Acknowledgment of End-of-Day Net-Net Settlement Balances by Settling Banks (Release No. 34-76887; File No. SR-DTC-2015-011; January 14, 2016)
• FINRA: Order Instituting Proceedings to Determine Whether to Approve or Disapprove Proposed Rule Change to Amend FINRA Rule 4210 (Margin Requirements) to Establish Margin Requirements for the TBA Market, as Modified by Partial Amendment No. 1 (Release No. 34-76908; File No. SR-FINRA-2015-036; January 13, 2016)
• ISE: Notice of Designation of Longer Period for Commission Action on Proposed Rule Change to Amend Rule 804(g) (Release No. 34-76893; File No. SR-ISE-2015-30; January 13, 2016)
• ISE Gemini: Notice of Designation of Longer Period for Commission Action on Proposed Rule Change to Amend Rule 804(g) (Release No. 34-76894; File No. SR-ISEGemini-2015-17; January 13, 2016)

Continuing Education:

• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Section (a)(6) of Rule 1120, Continuing Education Requirements (Release No. 34-76874; File No. SR-NASDAQ-2015-167; January 12, 2016); see also Exhibit 5
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Section (a)(6) of Rule 1120 (Continuing Education Requirements) (Release No. 34-76875; File No. SR-BX-2016-002; January 12, 2016); see also Exhibit 5
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Section (a)(4) of Rule 640, Continuing Education for Registered Persons (Release No. 34-76880; File No. SR-Phlx-2015-118; January 12, 2016); see also Exhibit 5

Corporate Governance:

• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Delete Phlx Rules 792, 794, 797, and 798 (Release No. 34-76902; File No. SR-Phlx-2016-01; January 14, 2016); see also Exhibit 5

Fees, Fines, Rebates & Claims:

• BATS: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use of BATS Exchange, Inc. (Release No. 34-76863; File No. SR-BATS-2015-120; January 11, 2016); see also Exhibit 5
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Fees Schedule (Release No. 34-76881; File No. SR-CBOE-2015-119; January 12, 2016); see also Exhibit 5
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Rule 8.3 Relating to Appointment Costs (Release No. 34-76895; File No. SR-CBOE-2015-121; January 13, 2016)
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to COPS (Release No. 34-76888; File No. SR-CBOE-2015-122; January 13, 2016)
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Fees Schedule (Release No. 34-76923; File No. SR-CBOE-2016-002; January 15, 2016); see also Exhibit 5
• MIAX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Its Fee Schedule (Release No. 34-76892; File No. SR-MIAX-2016-01; January 13, 2016); see also Exhibit 5
• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Chapter XV, entitled "Options Pricing" (Release No. 34-76886; File No. SR-NASDAQ-2015-166; January 13, 2016)
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Exchange Rule 7018 (Release No. 34-76915; File No. SR-BX-2016-001; January 14, 2016); see also Exhibit 5
• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Adopt a Trading License Fee for Calendar Year 2016, Effective January 4, 2016 (Release No. 34-76865; File No. SR-NYSE-2016-06; January 11, 2016); see also Exhibit 5
• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE BBO and NYSE Trades (Release No. 34-76912; File No. SR-NYSE-2016-03; January 14, 2016); see also Exhibit 5
• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE OpenBook (Release No. 34-76900; File No. SR-NYSE-2016-02; January 14, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Market Data Fees for the NYSE Arca Options Product (Release No. 34-76890; File No. SR-NYSEArca-2015-130; January 14, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE ArcaBook (Release No. 34-76903; File No. SR-NYSEArca-2016-01; January 14, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE Arca Integrated Feed (Release No. 34-76914; File No. SR-NYSEArca-2016-03; January 14, 2016); see also Exhibit 5
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Market Data Fees for the NYSE Amex Options Product (Release No. 34-76889; File No. SR-NYSEMKT-2015-113; January 13, 2016); see also Exhibit 5
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE MKT Order Imbalances (Release No. 34-76911; File No. SR-NYSEMKT-2016-05; January 14, 2016); see also Exhibit 5
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE MKT OpenBook (Release No. 34-76901; File No. SR-NYSEMKT-2016-03; January 14, 2016); see also Exhibit 5
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE MKT BBO and NYSE MKT Trades (Release No. 34-76906; File No. SR-NYSEMKT-2016-04; January 14, 2016); see also Exhibit 5
• OC: Notice of Filing of Proposed Rule Change Relating to the Summary Imposition of Fines (Release No. 34-76920; File No. SR-OC-2015-03; January 15, 2016); see also Exhibit 4
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Permit Fees (Release No. 34-76858; File No. SR-Phlx-2015-109; January 8, 2016)
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Chapter VIII of the Pricing Schedule (Release No. 34-76867; File No. SR-Phlx-2015-115; January 11, 2016); see also Exhibit 5

Products:

• BATS: Notice of Filing of Proposed Rule Change to List and Trade Shares of the SPDR DoubleLine Emerging Markets Fixed Income ETF of the SSgA Active Trust (Release No. 34-76862; File No. SR-BATS-2015-94; January 11, 2016)
• BATS: Notice of Filing of a Proposed Rule Change to Rule 14.11(i), Managed Fund Shares, to List and Trade Shares of the REX VolMAX Long VIX Weekly Futures Strategy ETF and the REX VolMAXX Inverse VIX Weekly Futures Strategy ETF of the Exchange Traded Concepts Trust (Release No. 34-76884; File No. SR-BATS-2015-124; January 13, 2016)
• CBOE: Order Approving a Proposed Rule Change to Permit P.M.-Settled Options on Broad-Based Indexes to Expire on Any Wednesday of the Month by Expanding the End of Week/End of Month Pilot Program (Release No. 34-76909; File No. SR-CBOE-2015-106; January 14, 2016)
• NYSE Arca: Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to List and Trade Shares of the Market Vectors Dynamic Put Write ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-76871; File No. SR-NYSEArca-2015-114; January 11, 2016)
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Delete Obsolete Rules 1000B 1012B and to Amend Rule 722 (Release No. 34-76910; File No. SR-Phlx-2016-02; January 14, 2016); see also Exhibit 5

Trading & Trade Reporting:

• BATS: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rules 27.1, Definitions, and 27.4, Temporary Rule Governing Phase-Out of P and P/A Orders (Release No. 34-76864; File No. SR-BATS-2015-122; January 11, 2016); see also Exhibit 5
• BATS: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Adopt Rule 11.27 Regarding the Data Collection Requirements of the Tick Size Pilot Program (Release No. 34-76891; File No. SR-BATS-2015-102; January 13, 2016)
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Limit Order Price Protections for Stock-Option Orders (Release No. 34-76857; File No. SR-CBOE-2016-003; January 8, 2016)
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Rule 7015 (Release No. 34-76868; File No. SR-BX-2015-087; January 11, 2016); see also Exhibit 5
• NYSE Arca: Order Granting Approval of Proposed Rule Change, and Notice of Filing and Order Granting Accelerated Approval of Amendment Nos. 1 and 3 Thereto, Relating to Auctions for Pillar, the Exchanges New Trading Technology Platform (Release No. 34-76869; File No. SR-NYSEArca-2015-86; January 11, 2016)
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 132.30(9) Equities to Conform the Exchanges Rules to Industry-Wide Standards for Recording the Capacity in Which a Member Organization Executes a Transaction (Release No. 34-76907; File No. SR-NYSEMKT-2016-07; January 14, 2016); see also Exhibit 5

Fitzgerald Comment: On December 23, 2015, the National Stock Exchange, Inc. ("NSX") and FINRA filed a plan with the SEC for the allocation of regulatory responsibilities dated December 22, 2015 ("17d-2 Plan"). The 17d-2 Plan is intended to reduce regulatory duplication for firms that are common members of both NSX and FINRA, in that FINRA would assume certain examination and enforcement responsibilities. Included in the proposed Plan is an exhibit that lists every NSX rule, as well as select federal securities laws, rules and regulations, for which FINRA would bear responsibility under the 17d-2 Plan. The SEC is publishing this notice to solicit comments from interested persons:

• 17d-2: Notice of Filing of Proposed Plan for the Allocation of Regulatory Responsibilities between the Financial Industry Regulatory Authority, Inc. and the National Stock Exchange, Inc. (Release No. 34-76856; File No. 4-694; January 8, 2016)