Federal Register - February 10, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 26 / Wednesday, February 10, 2021 / Notices
Commission shall institute proceedings to determine whether the proposed rule should be approved or disapproved.
IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act.
Comments may be submitted by any of the following methods:
Electronic Comments Use the Commissions internet comment form http www.sec.gov/
rules/sro.shtml; or Send an email to rule-comments@
sec.gov. Please include File Number SR
Phlx202105 on the subject line.
Paper Comments Send paper comments in triplicate to Securities and Exchange Commission, 100 F Street NE, Washington, DC
205491090.
All submissions should refer to File Number SRPhlx202105. 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 Commissions internet website 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 website viewing and printing in the Commissions 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 Exchange. All comments received will be posted without change.
Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SRPhlx202105 and should be submitted on or before March 3, 2021.
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For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.51
J. Matthew DeLesDernier, Assistant Secretary.
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.
FR Doc. 202102710 Filed 2921; 8:45 am
A. Self-Regulatory Organizations Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change
BILLING CODE 801101P
SECURITIES AND EXCHANGE
COMMISSION
Release No. 3491058; File No. SRPhlx 202104
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Relocate Its PSX
Equity and General Rules From Its Current Rulebook Into Its New Rulebook Shell and Make Other Changes to the Phlx Rules February 4, 2021.
Pursuant to Section 19b1 of the Securities Exchange Act of 1934
Act,1 and Rule 19b4 thereunder,2
notice is hereby given that on January 22, 2021, Nasdaq PHLX LLC Phlx or Exchange filed with the Securities and Exchange Commission Commission the proposed rule change as described in Items I and II
below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons.
I. Self-Regulatory Organizations Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to relocate its PSX equity and general rules from its current Rulebook into its new Rulebook shell and make other changes to the Phlx Rules.
The text of the proposed rule change is available on the Exchanges website at https listingcenter.nasdaq.com/
rulebook/phlx/rules, at the principal office of the Exchange, and at the Commissions Public Reference Room.
II. Self-Regulatory Organizations 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 51 17
CFR 200.303a12.
U.S.C. 78sb1.
2 17 CFR 240.19b4.
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1. Purpose The purpose of this rule change is to relocate the PSX equity and general rules from the current Rulebook into the new Rulebook shell 3 and also make other amendments to the Phlx Rules.
The Exchange also proposes a number of minor, non-substantive changes to the Rulebook shell as described below. The relocation and harmonization of these rules is part of the Exchanges continued effort to promote efficiency and conformity of its processes with those of its affiliated exchanges. The Exchange believes that the placement of these rules into their new location in the Rulebook shell will facilitate the use of the Rulebook by members and member organizations.
Universal Changes The Exchange proposes to update all cross-references within the Rulebook shell to the new relocated rule cites. The Exchange proposes to replace internal rule references to simply state this Rule where the rule is citing itself without a more specific cite included in the Rule. For example, if PSX Rule 4619
refers currently to Rule 4619 or this Rule 4619 the Exchange will amend the phrase to simply this Rule. Except where the Exchange specifies below that it will retain the current rule numbering, the Exchange also proposes to conform the paragraph numbering and lettering to that used in the Rulebook shell for greater consistency, and to correct punctuation. The Exchange proposes to replace PSX
Rules with Equity Rules where applicable as the title of the ruleset is proposed to be Equity Rules.
Furthermore, the Exchange proposes to delete any empty reserved rules and already deleted rules in the current Rulebook. Finally, the Exchange proposes to make certain technical corrections to add hyphens and spacing where necessary.
In addition to updating rule citations impacted by the proposed rule relocations herein, the Exchange 3 Previously, the Exchange filed to relocate other rules within its Rulebook. See Securities Exchange Act Release No. 88213 February 14, 2020, 85 FR
9859 February 20, 2020 SRPhlx202003
Prior Relocation Rule Change.
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