On September 3rd, the SEC granted immediate effectiveness to separately proposed commentaries to NYSE Arca's and NYSE Amex's respective rules concerning options order exposure requirements, specifying that the exposure requirement contained in those rules is satisfied with respect to the non-displayed reserve portion of a Reserve Order if the displayable portion is displayed at its displayable price for one second. Comments should be submitted within 21 days after publication in the Federal Register, which is expected during the week of September 13