[Federal Register Volume 85, Number 221 (Monday, November 16, 2020)]
[Notices]
[Pages 73095-73099]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-25180]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-90383; File No. SR-BX-2020-033]


Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing 
of Proposed Rule Change To Utilize the FIX Protocol To Submit Orders to 
BX's Price Improvement Auction Mechanism

November 9, 2020.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that 
on October 27, 2020, Nasdaq BX, Inc. (``BX'' 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.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange proposes to amend Options 3, Section 7(d)(1)(A) 
relating to ``Financial Information eXchange'' or ``FIX'' in connection 
with offering BX Participants the ability to utilize FIX to submit 
orders to its Price Improvement Auction (``PRISM'') mechanism.
    The text of the proposed rule change is available on the Exchange's 
website at https://listingcenter.nasdaq.com/rulebook/bx/rules, at the 
principal office of the Exchange, and at the Commission's Public 
Reference Room.

II. Self-Regulatory Organization's 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 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.

A. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to offer BX Participants a manner in which to 
send messages through FIX, to other BX Participants, for the specific 
purpose of requesting another BX Participant submit an ``Initiating 
Order'' \3\ along with the sender's PRISM Order \4\ into the Price 
Improvement Auction (``PRISM'') mechanism for execution pursuant to 
Options 3, Section 13. Specifically, the Exchange proposes to amend BX 
Options 3, Section 7(d)(1)(A) relating to ``Financial Information 
eXchange'' or ``FIX'' in connection with this offering. This 
functionality would provide an additional workflow to BX Participants 
seeking to enter paired orders into PRISM. This proposal does not amend 
the PRISM rule within Options 3, Section 13 in connection with offering 
Participants the ability to submit a Request for PRISM through FIX.
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    \3\ An Initiating Order is an order executed against principal 
interest or against any other order it represents as agent. See 
Options 3, Section 13.
    \4\ A PRISM Order is an order submitted by a BX Participant that 
it represents as agent on behalf of a Public Customer, broker 
dealer, or any other entity, electronically, for execution. See 
Options 3, Section 13.
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    FIX is an interface that allows Participants and their Sponsored 
Customers to connect, send, and receive messages related to orders and 
auction orders and responses to and from the Exchange. Features include 
the following: (1) Execution messages; (2) order messages; and (3) risk 
protection triggers and cancel notifications.\5\ Today, all BX 
Participants utilize FIX to submit orders to BX.
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    \5\ See Options 3, Section 7(d)(1)(A).
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    This proposal would expand the capabilities of the FIX protocol to 
allow a BX Participant (sender) to utilize FIX to send a message to 
other BX Participants (responders) with an order the sender represents 
as agent (``PRISM Order'') on behalf of a Public Customer, broker 
dealer or other entity requesting the responders provide a contra-side 
Initiating Order (a ``response'') and begin a PRISM auction 
(collectively a ``Request for PRISM'').\6\ Today, Participants 
communicate their desire to have their orders paired in other ways,\7\ 
which may be less efficient. This proposal would permit BX Participants 
to streamline their workflow and utilize FIX as a tool to message a 
Request for PRISM to all BX Participants that opted to receive these 
notifications, as described below. If a BX Participant desires to 
respond to the request, the BX Participant would add an Initiating 
Order to the sender's PRISM Order and submit the paired order directly 
into PRISM, through FIX, for processing in accordance with Options 3, 
Section 13. BX Participants may elect to ``opt in'' to receive Requests 
for PRISM. BX Participants that do not elect to ``opt in'' will not 
receive such requests. Once a BX Participant elects to receive Requests 
for PRISM, they would receive all requests from any BX Participant 
submitting a Request for PRISM. The BX Participant cannot elect to only 
receive requests from certain Participants and the sender may not elect 
to send the request to a select group of BX Participants.
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    \6\ The Request for PRISM, if accepted and submitted into PRISM, 
would become the ``PRISM Order'' pursuant to Options 3, Section 13.
    \7\ This proposal represents an alternative to the other methods 
of submitting an order which may include: telephone, electronically 
using an external order management system, or utilizing instant 
message.
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    Specifically, the Request for PRISM created by the BX Participant 
would be systematized so that a BX Participant may add an Initiating 
Order to the previously submitted sender PRISM Order and directly 
submit the PRISM Order through FIX. The Exchange will set a certain 
time period up to one second \8\ within which the PRISM Order must be 
submitted or it would otherwise cancel or book pursuant to the sending

[[Page 73096]]

Participant's instructions, as described in more detail below.
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    \8\ The Exchange will initially set the time period to 100 
milliseconds to respond to the Request for PRISM or otherwise not 
respond before the Request for PRISM would become unavailable. The 
Exchange will post the time period on its System settings page.
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    The Request for PRISM would include the price, size, symbol, side 
and instruction for handling of the order, in the event there are no 
responses. A response must match the PRISM Order and may not improve 
the price, or the response will be rejected. A response may be 
configured to improve the PRISM Order stop price \9\ pursuant to 
Options 3, Section 13(ii)(A)(1)(c). The configuration would apply if 
this response initiated a PRISM auction.
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    \9\ BX Options 3, Section 13(ii)(A)(1) permits Participants to 
submit a No Worse Than price.
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    BX Participants are not obligated to respond to the request. If a 
BX Participant elects not to respond they would ignore the request. If 
no BX Participant responds, pursuant to the sender's instruction, the 
PRISM Order would be placed on the Order Book as a Limit Order or 
cancelled. In any event, no order would be submitted into the PRISM 
mechanism in the instance that no BX Participant responded to the 
request.
    By way of example, BX Firm A elects to send a Request for PRISM. BX 
Firm A would enter a Request for PRISM with a PRISM Order, for example 
an order to sell 100 contracts in AAPL at $1.00 with an instruction to 
enter the order on the Order Book if no one responds with an Initiating 
Order into PRISM. This Request for PRISM is entered into FIX. The 
Request for PRISM would be sent to all BX Participants who opted in to 
receive this request, also a timer not to exceed one second would 
commence. Assume in this example that 3 firms responded (Firm B, C, and 
D, in that order of response) with each firm willing to buy 100 
contracts \10\ in AAPL at $1.00 and they respond within 50 
milliseconds. The System would process Firm B's Initiating Order along 
with the PRISM Order by entering the paired order, through FIX, into 
PRISM for execution pursuant to Options 3, Section 13. The System would 
send the other 2 responders (C and D) a reject message.
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    \10\ As noted above, a response must match the PRISM Order and 
may not improve the price, or the response will be rejected.
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    Assume the same example, that Firm B had responded that it was 
willing to buy 100 contracts in AAPL at $1.00, and Firm B also 
configured the response with a No Worse Than price. Because in this 
example Firm B's Initiating Order, along with the PRISM Order was sent 
into PRISM for execution pursuant to Options 3, Section 13, the No 
Worse Than price would be considered in the allocation and the 
Initiating Order will auto-match unrelated orders and PANs that provide 
the PRISM Order price improvement up to the No Worse Than price.
    Assume the same example, except in this scenario no Participant 
responds during the timer, the Initiating Order would post to the Order 
Book as a Limit Order and be handled in accordance with Options 3, 
Section 10 (Order Book Allocation) pursuant to the Participant's 
instructions. The System would disseminate a PRISM notification to all 
Participants if a responder submitted an Initiating Order into the 
PRISM mechanism. The System would retain an audit trail of the Request 
for PRISM and the responses, if any, received.
    As noted above, a Request for PRISM would be sent to all BX 
Participants that elected to opt in to receive these requests. Unlike 
the workflow today, wherein a Participant may call one or multiple 
members to enter into a PRISM Order, all BX Participants that opted in 
would receive any Request for PRISM. The System will submit the first 
Initiating Order response received, during the timer, into a PRISM. 
Once the recipient of a Request for PRISM has responded to the Request 
for PRISM by adding the Initiating Order, the PRISM may not be 
cancelled. The sender may not cancel a Request for PRISM once that 
Request for PRISM has been sent. The identity of the sender and 
recipients would not be known to any party. Further, the Exchange would 
not disclose a list of Participants that opted in to receive Requests 
for PRISM.
    The Exchange believes this new FIX feature will enhance the 
workflow of BX Participants desiring to enter orders into PRISM for 
execution and price improvement. The Exchange believes that this new 
functionality will offer market participants another method to directly 
engage with other BX Participants to locate an Initiating Order for 
submission of a paired order into the PRISM mechanism.
    The Exchange proposes to amend Options 3, Section 7(d)(1)(A) to add 
the following sentence to the description of the FIX protocol, ``In 
addition, a BX Participant may elect to utilize FIX to send a message 
and PRISM Order, as defined within Options 3, Section 13, to all BX 
Participants that opt in to receive Requests for PRISM requesting that 
it submit the sender's PRISM Order with responder's Initiating Order, 
as defined within Options 3, Section 13, into the Price Improvement 
Auction (`PRISM') mechanism, pursuant to Options 3, Section 13 
(`Request for PRISM').''
    (a) BX Participants must ``opt in'' to receive Requests for PRISM. 
A Participant who opts in to receive Requests for PRISM will receive 
all requests from a Participant submitting a Request for PRISM.
    (b) The Exchange will set a certain time period up to one second 
within which a recipient of a Request for PRISM may utilize FIX to 
submit the sender's PRISM Order, along with an Initiating Order (a 
``response'') into the System for execution into PRISM pursuant to 
Options 3, Section 13. The System will permit the first responder to 
start a PRISM Auction and will send a reject message to subsequent 
responders. A response must match the PRISM Order and may not improve 
the price, or the response will be rejected. A response may be 
configured to improve the PRISM Order stop price pursuant to Options 3, 
Section 13(ii)(A)(1)(c); the configuration would apply if this response 
initiated a PRISM auction. If no BX Participant responds to the Request 
for PRISM, the PRISM Order would be placed on the Order Book as a Limit 
Order or cancelled, consistent with the sending Participant's 
instruction.
    (c) A Request for PRISM will be sent simultaneously to all BX 
Participants who opted in to receive Requests for PRISM.
    (d) Once the recipient of a Request for PRISM has responded to the 
Request for PRISM by adding the Initiating Order, the PRISM may not be 
cancelled.
    (e) The sender may not cancel a Request for PRISM once that Request 
for PRISM has been sent.
    (f) The identity of the sender and recipients will not be known to 
any party. The Exchange will not disclose a list of Participants that 
opted in to receive Requests for PRISM.
    (g) It would be deemed conduct inconsistent with just and equitable 
principles of trade and a violation of Options 9, Section 1, and other 
Exchange Rules, to utilize non-public information in connection with a 
Request for PRISM to a Participant's economic advantage.
    BX will employ surveillances to prevent misuse of non-public 
information specifically related to a Request for PRISM. Today, Options 
3, Section 13(iv) \11\ and (v) \12\ describes

[[Page 73097]]

certain activity prohibited by BX related to PRISM.
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    \11\ BX Options 3, Section 13(iv) provides, ``A pattern or 
practice of submitting multiple orders in response to a PAN at a 
particular price point that exceed, in the aggregate, the size of 
the PRISM Order, will be deemed conduct inconsistent with just and 
equitable principles of trade and a violation of General 9, Section 
1.''
    \12\ BX Options 3, Section 13(v) provides, ``A pattern or 
practice of submitting unrelated orders or quotes that cross the 
stop price, causing a PRISM Auction to conclude before the end of 
the PRISM Auction period will be deemed conduct inconsistent with 
just and equitable principles of trade and a violation of General 9, 
Section 1. It will also be deemed conduct inconsistent with just and 
equitable principles of trade and a violation of General 9, Section 
1 to engage in a pattern of conduct where the Initiating Participant 
breaks up a PRISM Order into separate orders for the purpose of 
gaining a higher allocation percentage than the Initiating 
Participant would have otherwise received in accordance with the 
allocation procedures contained in subparagraph (ii)(E) and (ii)(F) 
above.''
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Implementation
    The Exchange intends to begin implementation of the proposed rule 
change by June 30, 2021. The Exchange will issue an Options Trader 
Alert to Participants with the date of implementation.
2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section 
6(b) of the Act,\13\ in general, and furthers the objectives of Section 
6(b)(5) of the Act,\14\ in particular, in that it is designed to 
promote just and equitable principles of trade, to remove impediments 
to and perfect the mechanism of a free and open market and a national 
market system, and, in general to protect investors and the public 
interest, by proposing another method for BX Participants to submit 
PRISM Orders, while effectively reducing certain workflow. In 
particular, the proposal provides greater flexibility for Participants 
submitting orders into PRISM, specifically providing an avenue for BX 
Participants desiring to send orders to the PRISM mechanism to locate 
an Initiating Order to pair their PRISM Order with and participate in a 
PRISM Auction. The Exchange also believes the proposal will provide an 
opportunity for Participants to achieve better handling of orders by 
providing Participants with an ability to solicit interest from any BX 
Participant who opts in to receive a Request for PRISM. A BX 
Participant sending a Request for PRISM via FIX would have the 
opportunity to have their order responded to by a broader array of 
market participants in a more direct fashion Adopting this proposal and 
providing the ability for BX Participants to anonymously solicit 
interest from other BX Participants desiring to enter a Initiating 
Order into PRISM will promote just and equitable principles of trade 
and foster cooperation and coordination with persons engaged in 
facilitating transactions in securities. Any BX Participant may respond 
to a PRISM Auction and therefore all BX Participants benefit from the 
ability to interact with additional order flow that this functionality 
would generate as a result of matching PRISM Orders to Initiating 
Orders, thereby removing impediments to and perfecting the mechanism of 
a free and open market and a national market system.
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    \13\ 15 U.S.C. 78f(b)
    \14\ 15 U.S.C. 78f(b)(5).
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    Today, Participants communicate their desire to have their orders 
paired in other ways,\15\ which may be less efficient. For example, 
today parties on trading floors negotiate paired orders prior to entry 
into a trading crowd.\16\ This proposal would permit BX Participants to 
streamline their workflow and utilize FIX as a tool to message a 
Request for PRISM to all BX Participants opting to receive these 
requests. This proposal would not amend the manner in which PRISM 
operates. There are no amendments proposed to BX Options 3, Section 13 
herein. This feature, which expands the FIX protocol offering to allow 
any BX Participant to send a Request for PRISM to all BX Participants 
opting to receive these requests, would offer BX Participants a manner 
in which to effectively communicate an interest to initiate a PRISM 
Auction. The functionality, which systematizes the Request for PRISM 
for streamlined entry to PRISM through FIX, provides an avenue for BX 
Participants who have no order flow arrangements to locate interest. If 
no one responds to the Request for PRISM, then the sending Participant 
may elect to have the System post the PRISM Order to the Order Book as 
a Limit Order or cancel the PRISM Order. If a Participant responds to a 
Request for PRISM then the paired order will be entered into PRISM by 
the System and any BX Participant may respond. All BX Participants 
benefit from the ability to interact with order flow on BX.
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    \15\ This proposal represents an alternative to the other 
methods of submitting an order which may include: telephone, 
electronically using an external order management system, or 
utilizing instant message.
    \16\ See PHLX Options 8, Section 30(c) which provides that a 
Phlx member or member organization representing an order in options 
(``originating order'') may solicit another member, member 
organization or nonmember broker-dealer outside the trading crowd 
(``solicited party'') to participate in the transaction on a 
proprietary basis, provided the paired order is exposed.
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    Permitting Participants to opt in to receive a Request for PRISM is 
consistent with the Act and promotes free and open markets because 
anyone can opt in and participate. Also, if a BX Participant does not 
want to opt in, it prevents Participants from receiving unwanted 
solicitations. Once a Participant elects to receive Requests for PRISM, 
they would receive a request from any BX Participant.\17\ The Exchange 
believes that it is consistent with the Act to not allow Participants 
to selectively exclude interest from certain Participants, if they 
chose to utilize this workflow. Additionally, the Exchange believes 
that no BX Participant should be required to accept solicitations of 
interest from other Participants if they elect not to receive such 
notifications.
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    \17\ While Participants will have a certain time period, up to 
one second, to act if they elect to participate in the Request for 
PRISM, the Participant also may elect not to respond. If no 
recipient Participants respond this would cause the cancellation of 
the initial Request for PRISM and no order would be submitted into 
the PRISM mechanism.
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    The identity of the sender and the recipients would not be known to 
any party. The Exchange believes that it is consistent with the Act to 
not disclose the identities of any party as the Exchange believes that 
anonymity will prevent potential manipulation that may result if the 
Request for PRISM is not responded to and eventually rests on the Order 
Book as a Limit Order. Further, parties may feel free to solicit 
interest without disclosing information as the identity of the sender 
will remain unknown. Finally, selectively responding to certain senders 
would be avoided by not disclosing identifying information about the 
parties. The Exchange would permit BX Participants to opt in and 
subsequently opt out as they desire. The Exchange would not disclose 
the parties that have opted in to further create an anonymous 
communication among BX Participants.
    The PRISM auction will be governed by Options 3, Section 13. Any 
paired order entered into PRISM must comply with the required price to 
commence the auction and NBBO requirements to prevent trade-through as 
provided for within Options 3, Section 13. The auction eligibility 
requirements apply to all paired orders entered into PRISM even those 
that were submitted as a result of a Request for PRISM.
    BX will employ surveillances to prevent misuse of non-public 
information specifically related to a Request for PRISM similar to the 
manner in which it employs surveillances today to ensure that 
information available in auctions is not misused. The Exchange would 
have information regarding the Request for PRISM and would be able to 
monitor entries into both the Order Book and PRISM Auction. Today, 
Options 3, Section 13(iv) \18\ and (v) \19\ describes certain activity 
prohibited by BX related

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to PRISM in addition to Options 3, Section 22. Participants receiving 
such Requests for PRISM may not utilize the information to a 
Participant's economic advantage as provided for in proposed Options 3, 
Section 7(d)(1)(A)(1)(f). The Exchange notes the requests are subject 
to the restrictions noted within Options 3, Section 22, Limitations on 
Order Entry, as well as restriction noted with Options 3, Section 13. 
The communications that would occur, through FIX, would be available to 
the Exchange and these communications would be maintained. The Exchange 
would have information regarding the Request for PRISM and would be 
able to monitor entries into both the Order Book and PRISM Auction.
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    \18\ See note 11 above.
    \19\ See note 12 above.
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    Broker-dealers are required to obtain best execution of customer 
orders,\20\ including taking into account price improvement 
opportunities. All broker-dealers have a duty to obtain best execution 
when representing orders on an agency basis.
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    \20\ The duty of best execution requires broker-dealers to 
periodically assess the quality of competing markets to assure that 
order flow is directed to the markets providing the most beneficial 
terms for their customer orders.
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    The Exchange believes that this proposal removes impediments to and 
perfects the mechanism of a free and open market and a national market 
system by promoting a more efficient workflow to seek to pair BX 
Participants who desire to initiate a PRISM Auction with Initiating 
Orders. This functionality permits Participants to further pair buyers 
and sellers for the purpose of executing transactions on its facility. 
Further, this proposal promotes competition by allowing Participants to 
seek the best execution through the Request for PRISM which offers a 
means for BX Participants to effectively solicit all BX Participants to 
locate interest for participation in a PRISM Order. Finally, the 
Exchange believes this proposal protect investors and the public 
interest by creating an auditable method of surveilling Requests for 
PRISM.
    Price improvement auctions are widely recognized by market 
participants as invaluable, both as a tool to access liquidity, and a 
mechanism to help meet their best execution obligations. The proposed 
rule change will further the ability of BX Participants to submit 
orders into PRISM. Finally, the proposal serves as a competitive 
response to price improvement auctions on other options exchanges by 
providing for another manner in which BX Participants may solicit 
interest for the purpose of entering a paired order into PRISM in a 
more widespread fashion. The Exchange believes the Request for PRISM 
will attract more liquidity in PRISM.

B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange 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. The Exchange's proposal offers 
all BX Participants the ability to send a Request for PRISM, through 
FIX, to any BX Participant who opts in to receive such requests.
    The proposed rule creates a new modality for Participants to send 
orders to BX Participants for representation. Today, all BX 
Participants utilize FIX to submit orders to BX and all Participants 
who utilize FIX may submit orders into PRISM. Any Participant may 
respond to the PRISM Auction.
    The Exchange notes that it is providing BX Participants an ability 
to anonymously solicit interest for the purpose of entering a paired 
order into PRISM. Today, BX Participants locate interest by other 
methods. This functionality would allow all BX Participants another 
method to enter a paired order into PRISM by anonymously permitting a 
solicitation of interest to seek an Initiating Order to pair with their 
PRISM Order. The Exchange believes that this functionality will allow a 
greater number of BX Participants to utilize PRISM. Any BX Participant 
may contact other market participants to continue to solicit interest, 
as is the case today. The Exchange believes that this proposal will 
benefit all BX Participants by offering an increased opportunity to 
trade on the Exchange.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    No written comments were either solicited or received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    Within 45 days of the date of publication of this notice in the 
Federal Register or within such longer period up to 90 days (i) as the 
Commission may designate if it finds such longer period to be 
appropriate and publishes its reasons for so finding or (ii) as to 
which the Exchange consents, the Commission will: (a) By order approve 
or disapprove such proposed rule change, or (b) institute proceedings 
to determine whether the proposed rule change should be 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 Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File Number SR-BX-2020-033 on the subject line.

Paper Comments

     Send paper comments in triplicate to Secretary, Securities 
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.

All submissions should refer to File Number SR-BX-2020-033. 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 Commission's 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 Commission's 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 SR-BX-2020-033 and should be submitted on 
or before December 7, 2020.


[[Page 73099]]


    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\21\
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    \21\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-25180 Filed 11-13-20; 8:45 am]
BILLING CODE 8011-01-P


