Daily Rules, Proposed Rules, and Notices of the Federal Government
The purpose of the Amendment is to eliminate an ambiguity in the way in which the current OPRA Plan describes Exhibit A to the Plan, which consists of a list of the national securities exchanges that are Members of OPRA. Section 3.1 of the Plan describes Exhibit A as a list of the "initial" Members of OPRA, suggesting that the list includes only those exchanges that were Members when OPRA was restructured as a limited liability company on January 1, 2010. By contrast, the definition of "Member" in Section 1.1 of the Plan correctly states that "Exhibit A * * * may be amended to include any other national securities exchange that becomes a Member pursuant to the provisions of Section 3.2." To eliminate this ambiguity it is proposed to eliminate the word "initial" from both the heading and text of Section 3.1, so that as amended that Section is clear that Exhibit A lists all current Members of OPRA from time to time, and not just the "initial" Members.
The text of the proposed amendment to the OPRA Plan is available at OPRA, the Commission's Public Reference Room,
Pursuant to paragraph (b)(3)(ii) of Rule 608 of Regulation NMS under the Act
The Commission may summarily abrogate the amendment within sixty days of its filing and require refiling and approval of the amendment by Commission order pursuant to Rule 608(b)(2) under the Act
Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed OPRA Plan amendment is consistent with the Act. Comments may be submitted by any of the following methods:
* Use the Commission's Internet comment form (
* Send an email to
* Send paper comments in triplicate to Elizabeth M. Murphy, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.