Federal Register/Vol. 80, No. 248/Monday, December
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80854 Federal Register / Vol. 80, No. 248 / Monday, December 28, 2015 / Notices SECURITIES AND EXCHANGE SECURITIES AND EXCHANGE places specified in Item IV below. The COMMISSION COMMISSION Exchange has prepared summaries, set forth in Sections A, B, and C below, of [Release No. 34–76711; File No. SR–EDGA– [File No. 500–1] 2015–46] the most significant parts of such statements. In the Matter of Yayi International, Inc.,; Self-Regulatory Organizations; EDGA A. Self-Regulatory Organization’s Order of Suspension of Trading Exchange, Inc.; Notice of Filing and Statement of the Purpose of, and Immediate Effectiveness of a Proposed Statutory Basis for, the Proposed Rule December 23, 2015. Rule Change Related to Fees for Use Change It appears to the Securities and of EDGA Exchange, Inc. 1. Purpose Exchange Commission (‘‘Commission’’) December 21, 2015. The Exchange proposes to amend the that there is a lack of current and Pursuant to Section 19(b)(1) of the accurate information concerning the Market Data section of its fee schedule Securities Exchange Act of 1934 (the to: (i) Adopt definitions for the terms securities of Yayi International, Inc. 1 2 ‘‘Act’’), and Rule 19b–4 thereunder, ‘‘Non-Display Usage’’ and ‘‘Trading (‘‘YYINE’’) 1 (CIK No. 789860), a void notice is hereby given that on December Delaware corporation whose principal Platforms’’; and (ii) amend the fees for 17, 2015, EDGA Exchange, Inc. (the EDGA Depth to increase the Internal place of business is listed as Zhongbei ‘‘Exchange’’ or ‘‘EDGA’’) filed with the Town, Xiqing District, Tianjin, China Distributor fee and adopt a new fee for Securities and Exchange Commission Non-Display Usage. because it is delinquent in its periodic (‘‘Commission’’) the proposed rule filings with the Commission, having not change as described in Items I, II and III Definitions filed any periodic reports since it filed below, which Items have been prepared The Exchange proposes to adopt a Form 10–QSB for the period ended by the Exchange. The Exchange has definitions for the terms ‘‘Non-Display December 31, 2011. On April 22, 2015, designated the proposed rule change as Usage’’ and ‘‘Trading Platforms’’. The the Commission’s Division of one establishing or changing a member proposed definitions are designed to Corporation Finance sent a delinquency due, fee, or other charge imposed by the provide greater transparency with letter to YYINE at the address shown in Exchange under Section 19(b)(3)(A)(ii) regard to how the Exchange assesses its then-most recent filing in the of the Act 3 and Rule 19b–4(f)(2) fees for market data. Non-Display Usage Commission’s EDGAR system thereunder,4 which renders the would be defined as ‘‘any method of requesting compliance with its periodic proposed rule change effective upon accessing a Market Data product that filing requirements. To date, YYINE has filing with the Commission. The involves access or use by a machine or failed to cure its delinquencies. As of Commission is publishing this notice to automated device without access or use December 15, 2015, the common stock solicit comments on the proposed rule of a display by a natural person or of YYINE was quoted on OTC Link change from interested persons. persons.’’ 5 The term Trading Platform operated by OTC Markets Group, Inc. I. Self-Regulatory Organization’s would be defined as ‘‘any execution (formerly ‘‘Pink Sheets’’) had seven Statement of the Terms of Substance of platform operated as or by a registered market makers and was eligible for the the Proposed Rule Change National Securities Exchange (as defined in Section 3(a)(1) of the ‘‘piggyback’’ exception of Exchange Act The Exchange filed a proposal to Rule 15c2–11(f)(3). Exchange Act), an Alternative Trading amend the Market Data section of its fee System (as defined in Rule 300(a) of The Commission is of the opinion that schedule to: (i) Adopt definitions for the Regulation ATS), or an Electronic the public interest and the protection of terms ‘‘Non-Display Usage’’ and Communications Network (as defined in investors require a suspension of trading ‘‘Trading Platforms’’; and (ii) amend the Rule 600(b)(23) of Regulation NMS).’’ 6 in the securities of the above-listed fees for EDGA Depth, to increase the EDGA Depth Fees company. Therefore, it is ordered, Internal Distributor fee and adopt a new pursuant to Section 12(k) of the fee for Non-Display Usage. EDGA Depth is an uncompressed Securities Exchange Act of 1934, that The text of the proposed rule change market data feed that provides depth-of- trading in the securities of the above- is available at the Exchange’s Web site book quotations and execution at www.batstrading.com, at the listed company is suspended for the information based on equity orders principal office of the Exchange, and at 7 period from 9:30 a.m. EST on December entered into the System. the Commission’s Public Reference Internal Distributor Fee. Currently, 23, 2015, through 11:59 p.m. EST on Room. the Exchange charges fees for both January 7, 2016. II. Self-Regulatory Organization’s internal and external distribution of By the Commission. Statement of the Purpose of, and EDGA Depth. The cost of EDGA Depth 8 Jill M. Peterson, Statutory Basis for, the Proposed Rule for an Internal Distributor is currently Assistant Secretary. Change 5 The proposed definition of Non-Display Usage [FR Doc. 2015–32704 Filed 12–23–15; 4:15 pm] In its filing with the Commission, the is substantially similar to Nasdaq Stock Market LLC BILLING CODE 8011–01–P Exchange included statements (‘‘Nasdaq’’) Rule 7023(a)(2)(B), which defines Non- Display Usage as ‘‘any method of accessing Depth- concerning the purpose of and basis for of-Book data that involves access or use by a the proposed rule change and discussed machine or automated device without access or use any comments it received on the of a display by a natural person or persons. proposed rule change. The text of these 6 The proposed definition of Trading Platform is statements may be examined at the identical the definition of Trading Platform under Nasdaq Rule 7023(a)(7). 7 See Exchange Rule 11.22(a) and (c). 1 15 U.S.C. 78s(b)(1). 8 An ‘‘Internal Distributor’’ is defined as ‘‘a 2 17 CFR 240.19b–4. Distributor that receives the Exchange Market Data 1 The short form of the issuer’s name is also its 3 15 U.S.C. 78s(b)(3)(A)(ii). product and then distributes that data to one or ticker symbol. 4 17 CFR 240.19b–4(f)(2). more Users within the Distributor’s own entity.’’ VerDate Sep<11>2014 13:31 Dec 24, 2015 Jkt 238001 PO 00000 Frm 00110 Fmt 4703 Sfmt 4703 E:\FR\FM\28DEN1.SGM 28DEN1 mstockstill on DSK4VPTVN1PROD with NOTICES.