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 SEC Notices of exchange rule changes and proposals for the week of September 26 - September 30.
Clearance & Settlement:
- DTC: Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, Regarding the Implementation of Functionality to Submit a Cover of Protect on Behalf of Another Participant and the Removal of the Option to Cover of Protect Directly with Agent (Release No. 34-78935; File No. SR-DTC-2016-005; September 26, 2016)
Corporate Governance:
- Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Update BZX Rules 21.1, 21.7 and 21.9 to Align the Exchanges Rules and Functionality Applicable to the Exchanges Options Platform, BZX Options, with the Exchanges Affiliated Options Platform, EDGX Options, which is Operated by Bats EDGX Exchange, Inc. (Release No. 34-78964; File No. SR-BatsBZX-2016-59; September 28, 2016); see also Exhibit 5
- BSECC: Notice of Filing of Proposed Rule Change to Amend the By-Laws of Nasdaq, Inc. to Implement Proxy Access (Release No. 34-78982; File No. SR-BSECC-2016-001; September 29, 2016); see also Exhibit 5
- ISE: Notice of Filing of Proposed Rule Change to Amend the By-Laws of Nasdaq, Inc. to Implement Proxy Access (Release No. 34-78985; File No. SR-ISE-2016-22; September 29, 2016); see also Exhibit 5
- ISE Gemini: Notice of Filing of Proposed Rule Change to Amend the By-Laws of Nasdaq, Inc. to Implement Proxy Access (Release No. 34-78981; File No. SR-ISEGemini-2016-10; September 29, 2016); see also Exhibit 5
- NASDAQ OMX BX: Notice of Filing of Proposed Rule Change to Amend the By-Laws of Nasdaq, Inc. to Implement Proxy Access (Release No. 34-78986; File No. SR-BX-2016-051; September 29, 2016); see also Exhibit 5
- NYSE: Order Approving Proposed Rule Change, as Modified by Amendment No. 2 thereto, Amending and Restating the Second Amended and Restated Certificate of Incorporation of the Exchanges Ultimate Parent Company, Intercontinental Exchange, Inc. (Release No. 34-78992; File Nos. SR-NYSE-2016-57, SR-NYSEMKT-2016-80; September 29, 2016)
- NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 8313 Relating to the Exchanges Ability to Publicly Release Disciplinary Complaints, Decisions and Other Information Modeled on the Text of FINRA Rule 8313; Amending Rules and Adopting a New Rule 9291 Relating to the Imposition of Temporary or Permanent Cease and Desist Orders to Correspond to Recent Amendments by FINRA; and Making Certain Technical and Conforming Changes to Rule 9310 (Release No. 34-78959; File No. SR-NYSEMKT-2016-71; September 28, 2016); see also Exhibit 5
- OCC: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Related to Amendments to and the Restatement of OCC's Certificate of Incorporation (Release No. 34-78983; File No. SR-OCC-2016-010; September 29, 2016); see also Exhibit 5
- SCCP: Notice of Filing of Proposed Rule Change to Amend the By-Laws of Nasdaq, Inc. to Implement Proxy Access (Release No. 34-78984; File No. SR-SCCP-2016-01; September 29, 2016); see also Exhibit 5
Fees, Fines, Rebates & Claims:
- CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Fees Schedule (Release No. 34-78930; File No. SR-CBOE-2016-070; September 26, 2016); see also Exhibit 5
- FINRA: Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Relating to FINRA Rule 2232 (Customer Confirmations) to Require Members to Disclose Additional Pricing Information on Retail Customer Confirmations Relating to Transactions in Fixed Income Securities (Release No. 34-78965; File No. SR-FINRA-2016-032; September 28, 2016)
- MIAX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Its Fee Schedule (Release No. 34-78950; File No. SR-MIAX-2016-33; September 27, 2016); see also Exhibit 5
- NSX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Fee and Rebate Schedule to Create a Liquidity-Adding Volume Threshold to Benefit from the Current Liquidity Taking Fee in Securities Priced $1.00 or Greater (Release No. 34-78931; File No. SR-NSX-2016-11; September 26, 2016); see also Exhibit 5
- NYSE: Notice of Withdrawal of a Proposed Change, as Modified by Amendment Nos. 1 and 2, Establishing Fees Relating to End Users and Amending the Definition of "Affiliate," as well as Amending the NYSE Price List to Reflect the Changes (Release No. 34-78953; File No. SR-NYSE-2016-11; September 27, 2016)
- NYSE: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, Amending the Co-location Services Offered by the Exchange to Add Certain Access and Connectivity Fees (Release No. 34-78966; File No. SR-NYSE-2016-45; September 28, 2016)
- NYSE Arca: Notice of Withdrawal of a Proposed Rule Change, as Modified by Amendment Nos. 1 and 2, to Establish Certain End User Fees, Amend the Definition of Affiliate, and Amend the Co-location section of the Fee Schedule to Reflect the Changes (Release No. 34-78952; File No. SR-NYSEArca-2016-19; September 27, 2016)
- NYSE Arca: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change Amending the Co-location Services Offered by the Exchange to Add Certain Access and Connectivity Fees (Release No. 34-78967; File No. SR-NYSEArca-2016-89; September 28, 2016)
- NYSE MKT: Notice of Withdrawal of a Proposed Change, as Modified by Amendment Nos. 1 and 2, Establishing Fees Relating to End Users and Amending the Definition of "Affiliate," as well as Amending the NYSE MKT Equities Price List and the NYSE Amex Options Fee Schedule to Reflect the Changes (Release No. 34-78951; File No. SR-NYSEMKT-2016-15; September 27, 2016)
- NYSE MKT: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change Amending the Co-location Services Offered by the Exchange to Add Certain Access and Connectivity Fees (Release No. 34-78968; File No. SR-NYSEMKT-2016-63; September 28, 2016)
Products:
- NYSE Arca: Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 1, Relating to Listing and Trading of Shares of Cumberland Municipal Bond ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-78949; File No. SR-NYSEArca-2016-107; September 27, 2016)
Trading & Trade Reporting:
- Bats EDGX: Notice of Filing of a Proposed Rule Change Related to the Exchanges Equity Options Platform to Adopt a Price Improvement Auction, the Bats Auction Mechanism (Release No. 34-78988; File No. SR-BatsEDGX-2016-41; September 29, 2016); see also Exhibit 5
- BOX: Notice of Filing of Proposed Rule Change to Amend the Treatment of Quotes to Provide that All Quotes on BOX are Liquidity Adding Only (Release No. 34-78946; File No. SR-BOX-2016-45; September 27, 2016); see also Exhibit 5
- CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule to Amend the Nonstandard Expirations Pilot Program to Permit New Series to be Added Up to and Including on the Expiration Date (Release No. 34-78954; File No. SR-CBOE-2016-069; September 27, 2016); see also Exhibit 5
- IEX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Related to Optional Risk Management Controls (Release No. 34-78945; File No. SR-IEX-2016-15; September 27, 2016); see also Exhibit 5
- NSX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Exchange Rule 11.26 to Implement the Regulation NMS Plan to Implement a Tick Size Pilot Program (Release No. 34-78960; File No. SR-NSX-2016-12; September 28, 2016); see also Exhibit 5
- NSX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Exchange Rules 11.11 and 11.26 to Describe Changes to System Functionality Necessary to Implement the Regulation NMS Plan to Implement a Tick Size Pilot Program. (Release No. 34-78987; File No. SR-NSX-2016-13; September 29, 2016); see also Exhibit 5