80 FR 30519 - Self-Regulatory Organizations; NYSE MKT LLC.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Modify the Appointment Process Utilized by the Exchange

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 102 (May 28, 2015)

Page Range		30519-30519
FR Document		2015-12837

Federal Register, Volume 80 Issue 102 (Thursday, May 28, 2015)

[Federal Register Volume 80, Number 102 (Thursday, May 28, 2015)]
[Notices]
[Page 30519]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-12837]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75033; File No. SR-NYSEMKT-2015-17]


Self-Regulatory Organizations; NYSE MKT LLC.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Modify the Appointment Process Utilized by the Exchange

May 21, 2015.
    On March 20, 2015, NYSE MKT LLC, (``NYSE MKT'' or ``Exchange'') 
filed with the Securities and Exchange Commission (the ``Commission''), 
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ a proposed rule change to 
modify the Market Maker appointment and withdrawal process used by the 
Exchange. The proposed rule change was published for comment in the 
Federal Register on April 8, 2015.\3\ The Commission received no 
comment letters on the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 74636 (April 2, 
2015), 80 FR 18884.
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    Section 19(b)(2) of the Act \4\ provides that within 45 days of the 
publication of notice of the filing of a proposed rule change, or 
within such longer period up to 90 days as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding or as to which the self-regulatory organization 
consents, the Commission shall either approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved. The 
45th day for this filing is May 23, 2015. The Commission is extending 
this 45-day time period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule change so that it has 
sufficient time to consider this proposed rule change. The proposed 
rule change, if approved, would modify the Market Maker appointment and 
withdrawal process used by the Exchange.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates July 7, 2015, as the date by which the Commission 
should either approve or disapprove, or institute proceedings to 
determine whether to disapprove, the proposed rule change (File No. SR-
NYSEMKT-2015-17).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-12837 Filed 5-27-15; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 80, No. 102 / Thursday, May 28, 2015 / Notices 30519

All submissions should refer to File Securities Exchange Act of 1934 SECURITIES AND EXCHANGE
Number SR–CBOE–2015–049. This file (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a COMMISSION
number should be included on the proposed rule change to modify the
[Release No. 34–75023; File No. SR–
subject line if email is used. To help the Market Maker appointment and NYSEArca–2014–100]
Commission process and review your withdrawal process used by the
comments more efficiently, please use Exchange. The proposed rule change Self-Regulatory Organizations; NYSE
only one method. The Commission will was published for comment in the Arca, Inc.; Order Granting Approval of
post all comments on the Commission’s Federal Register on April 8, 2015.3 The Proposed Rule Change, as Modified by
Internet Web site (http://www.sec.gov/ Commission received no comment Amendment Nos. 1 and 2 Thereto,
rules/sro.shtml). Copies of the letters on the proposed rule change. Relating to the Listing and Trading of
submission, all subsequent Shares of the SPDR SSgA Global
amendments, all written statements Section 19(b)(2) of the Act 4 provides
Managed Volatility ETF Under NYSE
with respect to the proposed rule that within 45 days of the publication of
Arca Equities Rule 8.600
change that are filed with the notice of the filing of a proposed rule
Commission, and all written change, or within such longer period up May 21, 2015.
communications relating to the to 90 days as the Commission may
I. Introduction
proposed rule change between the designate if it finds such longer period
Commission and any person, other than to be appropriate and publishes its On September 5, 2014, NYSE Arca,
those that may be withheld from the reasons for so finding or as to which the Inc. (‘‘Exchange’’) filed with the
public in accordance with the self-regulatory organization consents, Securities and Exchange Commission
provisions of 5 U.S.C. 552, will be the Commission shall either approve the (‘‘Commission’’), pursuant to Section
available for Web site viewing and proposed rule change, disapprove the 19(b)(1) of the Securities Exchange Act
printing in the Commission’s Public proposed rule change, or institute of 1934 (‘‘Act’’) 1 and Rule 19b–4
Reference Room, 100 F Street NE., thereunder,2 a proposed rule change to
proceedings to determine whether the
Washington, DC 20549, on official list and trade shares (‘‘Shares’’) of the
proposed rule change should be
business days between the hours of SPDR SSgA Global Managed Volatility
disapproved. The 45th day for this filing ETF (‘‘Fund’’) under NYSE Arca
10:00 a.m. and 3:00 p.m. Copies of the is May 23, 2015. The Commission is
filing also will be available for Equities Rule 8.600, which governs the
extending this 45-day time period. listing and trading of Managed Fund
inspection and copying at the principal
office of the Exchange. All comments The Commission finds it appropriate Shares. The proposed rule change was
received will be posted without change; to designate a longer period within published for comment in the Federal
the Commission does not edit personal which to take action on the proposed Register on September 24, 2014.3 On
identifying information from rule change so that it has sufficient time November 4, 2014, pursuant to Section
submissions. You should submit only to consider this proposed rule change. 19(b)(2) of the Act,4 the Commission
information that you wish to make The proposed rule change, if approved, designated a longer period within which
available publicly. All submissions would modify the Market Maker to approve the proposed rule change,
should refer to File Number SR–CBOE– appointment and withdrawal process disapprove the proposed rule change, or
2015–049 and should be submitted on used by the Exchange. institute proceedings to determine
or before June 18, 2015. whether to disapprove the proposed
Accordingly, the Commission, rule change.5
For the Commission, by the Division of pursuant to Section 19(b)(2) of the Act,5 On December 22, 2014, the
Trading and Markets, pursuant to delegated designates July 7, 2015, as the date by
authority.10
Commission instituted proceedings
which the Commission should either under Section 19(b)(2)(B) of the Act 6 to
Robert W. Errett, approve or disapprove, or institute determine whether to approve or
Deputy Secretary. proceedings to determine whether to disapprove the proposed rule change.7
[FR Doc. 2015–12828 Filed 5–27–15; 8:45 am] disapprove, the proposed rule change In the Order Instituting Proceedings, the
BILLING CODE 8011–01–P (File No. SR–NYSEMKT–2015–17).
1 15 U.S.C. 78s(b)(1).
For the Commission, by the Division of 2 17 CFR 240.19b–4.
Trading and Markets, pursuant to delegated
SECURITIES AND EXCHANGE 3 See Securities Exchange Act Release No. 73141
authority.6 (Sept. 18, 2014), 79 FR 57161 (‘‘Notice’’).
COMMISSION
Robert W. Errett, 4 15 U.S.C. 78s(b)(2).

[Release No. 34–75033; File No. SR– 5 See Securities Exchange Act Release No. 73515,
Deputy Secretary.
NYSEMKT–2015–17] 79 FR 66758 (Nov. 10, 2014). The Commission
[FR Doc. 2015–12837 Filed 5–27–15; 8:45 am] designated a longer period within which to take
Self-Regulatory Organizations; NYSE BILLING CODE 8011–01–P action on the proposed rule change and designated
December 23, 2014, as the date by which it should
MKT LLC.; Notice of Designation of a approve, disapprove, or institute proceedings to
Longer Period for Commission Action determine whether to disapprove the proposed rule
on a Proposed Rule Change To Modify change.
the Appointment Process Utilized by 6 15 U.S.C. 78s(b)(2)(B).
7 See Securities Exchange Act Release No. 73914,
the Exchange
asabaliauskas on DSK5VPTVN1PROD with NOTICES

79 FR 78524 (Dec. 30, 2014) (‘‘Order Instituting
May 21, 2015. Proceedings’’). Specifically, the Commission
instituted proceedings to allow for additional
On March 20, 2015, NYSE MKT LLC, 1 15 U.S.C. 78s(b)(1). analysis of the proposed rule change’s consistency
(‘‘NYSE MKT’’ or ‘‘Exchange’’) filed 2 17 CFR 240.19b–4. with Section 6(b)(5) of the Act, which requires,
with the Securities and Exchange 3 See Securities Exchange Act Release No. 74636 among other things, that the rules of a national
Commission (the ‘‘Commission’’), (April 2, 2015), 80 FR 18884. securities exchange be ‘‘designed to prevent
fraudulent and manipulative acts and practices, to
pursuant to Section 19(b)(1) of the 4 15 U.S.C. 78s(b)(2).
promote just and equitable principles of trade,’’ and
5 Id.
‘‘to protect investors and the public interest.’’ See
10 17 CFR 200.30–3(a)(12). 6 17 CFR 200.30–3(a)(31). id., 79 FR at 78530.

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Document Created: 2018-02-21 10:33:12
Document Modified: 2018-02-21 10:33:12

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 30519