1. CBOE RG17-017 Operational System Settings for Constituent Options of Volatility Indexes on Expiration Dates for Volatility Index Derivatives

    CBOE is reissuing this circular in connection with a change being made to the Acceptable Price Range (APR) settings for classes that are used to calculate the settlement value for volatility index derivatives. Specifically, both the Opening Exchange Prescribed Width (OEPW) and the APR parameters will now be narrowed on days when CBOE option classes are used to calculate exercise settlement values for expiring Volatility Index derivatives. This measure will preclude a series in such classes from opening unless the best CBOE quote bid-ask width is at or within these settings. This change will go into effect for the Wednesday, February 8, 2017 weekly VIX derivatives expiration and will go into effect for the February 15, 2017 standard VIX and RVX derivatives expiration. This change will also apply to all expirations for volatility index derivatives going forward.

    2/3/2017

  2. NASDAQ OMX PHLX-SR-Phlx-2016-119 Order Granting Accelerated Approval of a Proposed Rule Change to Amend the PIXL Price Improvement Auction in Phlx Rule 1080(n) and to make Pilot Program Permanent

    On December 6, 2016, NASDAQ PHLX LLC (“Phlx” or “Exchange”) filed with the SEC, pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934, and Rule 19b-4, a proposed rule change to amend the eligibility requirements for its Price Improvement XL mechanism (“PIXL”or “Auction”) and make permanent those aspects of PIXL that are currently operating on a pilot basis. On December 15, 2016, the Exchange filed Amendment No. 1 to the proposed rule change, which amended and replaced the proposed rule change in its entirety. The proposed rule change, as modified by Amendment No. 1, was published for comment in the Federal Register on December 22, 2016. The Commission received no comments regarding the proposal. This order approves the proposed rule change, as modified by Amendment No. 1, on an accelerated basis

    1/18/2017

  3. NYSEMKT Proposal to amend Rule 900.3NY and eliminatel Section 910-AEMI of the AEMI Rules, and Sections 910 and 910–AEMI of the NYSE MKT Company Guide.

    Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4, NYSE MKT LLC proposes to (1) amend Rule 900.3NY to eliminate Price Improving Orders and Quotes, amend Rule 961NY to eliminate the electronic and open outcry bidding and offering requirements associated with a Price Improving Order or Quote, and make a conforming change to Rule 935NY, and (2) eliminate Section 910– AEMI of the AEMI Rules, and Sections 910 and 910–AEMI of the NYSE MKT Company Guide.

    1/18/2017

  4. MSRB Regulatory Notice 2017-03 SEC Approves Extension of MSRB's Customer Complaint and Related Recordkeeping Rules to Municipal Advisors and the Modernization of Those Rules

    On January 13, 2017, the MSRB received approval from the SEC of a proposed rule change consisting of: (i) amendments to MSRB Rule G-10, on delivery of investor brochure; Rule G-8, on books and records to be made by brokers, dealers, and municipal securities dealers and municipal advisors; and Rule G-9, on preservation of records; and (ii) an MSRB notice regarding electronic delivery and receipt of information by municipal advisors under Rule G-32, on disclosures in connection with primary offerings (amendments). The adoption of the amendments represents another milestone in the MSRB’s development of a comprehensive regulatory framework for municipal advisors in the exercise of the rulemaking granted to the MSRB by the Dodd-Frank Act. In addition, the adoption of the amendments furthers the MSRB’s mandate to protect investors, municipal entities, obligated persons and the public interest by modernizing the MSRB’s customer complaint and related recordkeeping rules. The amendments will become effective on October 13, 2017, approximately nine months from the date of SEC approval.

    1/18/2017

  5. NYSEMKT Proposed Rule Change to adopt the Rule 6800 Series to Implement the Compliance Rule Regarding the National Market System Plan Governing the Consolidated Audit Trail

    NYSE MKT LLC is filing a proposed rule change to adopt the Rule 6800 Series to implement the compliance rule regarding the National Market System Plan Governing the Consolidated Audit Trail.

    1/17/2017

  6. NYSEMKT-2017-01 Proposal to transition trading on Exchange to Pillar

    SR-NYSEMKT-2017-01 proposes new rules to transition trading on the Exchange to Pillar, the Exchange’s new trading technology platform, and to operate as a fully-automated cash equities market.

    1/9/2017

  7. MSRB Regulatory Notice 2017-01 Request for Comment on Draft Amendments to MSRB Rule G-26 on Customer Account Transfers

    The MSRB is requesting comment on draft amendments to MSRB Rule G-26, on customer account transfers. The draft amendments are primarily designed to modernize the rule and promote a uniform customer account transfer standard for all brokers, dealers, municipal securities brokers and municipal securities dealers.

    1/6/2017

  8. FINRA Regulatory Notice 17-01 BD and IA Renewals for 2017

    FINRA is issuing this Notice to help firms review, reconcile and respond to their Final Statements in E-Bill as well as view the reports that are currently available in Web CRD/IARD for the annual registration renewal process. The payment deadline is January 20, 2017.

    1/3/2017

  9. FINRA Regulatory Notice 17-02 Motions to Dismiss in Arbitration

    The Securities and Exchange Commission (SEC) approved amendments to FINRA Rules 12504 and 13504 (Motions to Dismiss) of the Customer and Industry Codes of Arbitration Procedure (Codes) to add an additional ground for arbitrators to act on motions to dismiss prior to the conclusion of the claimant’s case in chief. The new ground provides that arbitrators may act upon a motion to dismiss a party or claim prior to the conclusion of a party’s case in chief if the arbitrators determine that the non-moving party previously brought a claim regarding the same dispute against the same party, and the dispute was fully and finally adjudicated on the merits and memorialized in an order, judgment, award or decision. The amendments are effective for motions to dismiss filed on or after January 23, 2017.

    1/3/2017

  10. FINRA Regulatory Notice 17-03 SEC Approves Amendments to the Customer and Industry Codes of Arbitration Procedure Regarding Required Use of the Dispute Resolution Party Portal

    The Securities and Exchange Commission approved amendments to the Customer and Industry Codes of Arbitration Procedure to require all parties, except customers who are not represented by an attorney or other person, to use the FINRA Office of Dispute Resolution’s Party Portal to file initial statements of claim and to file and serve most pleadings and other documents on FINRA or any other party. FINRA is also amending the Code of Mediation Procedure to permit mediation parties to agree to use the Party Portal to submit and retrieve all documents and other communications. The amendments are effective for all cases filed on or after April 3, 2017.

    1/3/2017

<< Previous Page  2  of  103 Next >>