CBSX normally applies the CBOE Trading Permit Holder Application Fees (the "Fees") to any applicant that applies to be a CBSX Trading Permit Holder. For the month of August 2011 only, CBSX held a "pricing special," waiving such Fees and not charging any fees for applications to become a CBSX Trading Permit Holder (the "Fee Waiver").3
The Fees Schedule was amended to state that the Fees would be waived for the month of August, 2011. However, once the month of August, 2011 is over, the reference in the CBSX Fees Schedule to the Fee Waiver will be obsolete. As such, the Exchange proposes to delete such reference, with such proposed deletion to take effect September 1, 2011.2. Statutory Basis
The proposed rule change is consistent with Section 6(b) of the Act,4
in general, and furthers the objectives of Section 6(b)(5)5
of the Act in particular. By removing an obsolete reference in the CBSX Fees Schedule, the proposed rule change alleviates any potential confusion, thereby perfecting the mechanism of a free and open market and national system, and, in general, protecting investors and the public interest.B. Self-Regulatory Organization's Statement on Burden on Competition
CBOE does not believe that the proposed rule change will impose any burden on competition not necessary or appropriate in furtherance of the purposes of the Act.C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others
No written comments were solicited or received with respect to the proposed rule change.III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action
The proposed rule change is designated by the Exchange as establishing or changing a due, fee, or other charge, thereby qualifying for effectiveness on filing pursuant to Section 19(b)(3)(A) of the Act6
and subparagraph (f)(2) of Rule 19b-47
thereunder. At any time within 60 days of the filing of the proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act.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 Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
* Send an e-mail firstname.lastname@example.org.Please include File Number SR-CBOE-2011-084 on the subject line.Paper Comments
* Send paper comments in triplicate to Elizabeth M. Murphy, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549-1090.All submissions should refer to File Number SR-CBOE-2011-084. This file number should be included on the subject line if e-mail 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 Commission's Internet Web site (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 Web site viewing and printing in the Commission's Public Reference Room, 100 F Street, NE., Washington, DC 20549, on official business days between the hours of 10 a.m. and 3 p.m. Copies of such filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-CBOE-2011-084 and should be submitted on or before September 30, 2011.
817 CFR 200.30-3(a)(12).
Elizabeth M. Murphy,