81 FR 10315 - Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To List and Trade Shares of the SPDR DoubleLine Emerging Markets Fixed Income ETF of the SSgA Active Trust

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 39 (February 29, 2016)

[Federal Register Volume 81, Number 39 (Monday, February 29, 2016)]
[Notices]
[Page 10315]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-04247]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77209; File No. SR-BATS-2015-94]


Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change To List and Trade Shares of the SPDR DoubleLine Emerging Markets 
Fixed Income ETF of the SSgA Active Trust

February 23, 2016.
    On December 28, 2015, BATS Exchange, Inc. (``Exchange'') filed with 
the Securities and Exchange Commission (``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 list and trade 
shares of the SPDR[supreg] DoubleLine[supreg] Emerging Markets Fixed 
Income ETF of the SSgA Active Trust under BATS Rule 14.11(i). The 
proposed rule change was published for comment in the Federal Register 
on January 15, 2016.\3\ The Commission has not received any comments on 
the proposal.
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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. 76862 (Jan. 11, 
2016), 81 FR 2282.
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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 after publication of the notice for this proposed rule change 
is February 29, 2016. 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. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates 
April 14, 2016, as the date by which the Commission shall either 
approve or disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-BATS-2015-94).
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    \5\ Id.
    \6\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-04247 Filed 2-26-16; 8:45 am]
BILLING CODE 8011-01-P