81 FR 13429 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to List and Trade Shares of the First Trust Municipal High Income ETF

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 49 (March 14, 2016)

Page Range		13429-13429
FR Document		2016-05588

Federal Register, Volume 81 Issue 49 (Monday, March 14, 2016)

[Federal Register Volume 81, Number 49 (Monday, March 14, 2016)]
[Notices]
[Page 13429]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-05588]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77320; File No. SR-NASDAQ-2016-002]


Self-Regulatory Organizations; The NASDAQ Stock Market LLC; 
Notice of Designation of a Longer Period for Commission Action on 
Proposed Rule Change to List and Trade Shares of the First Trust 
Municipal High Income ETF

March 8, 2016.
    On January 6, 2016, The NASDAQ Stock Market LLC (``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 First Trust Municipal High Income ETF 
under Nasdaq Rule 5735. The proposed rule change was published for 
comment in the Federal Register on January 27, 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. 76944 (Jan. 21, 
2016), 81 FR 4712.
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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 March 12, 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 26, 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-NASDAQ-2016-002)
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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. 2016-05588 Filed 3-11-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 49 / Monday, March 14, 2016 / Notices 13429

waiving the 30-day operative delay is provisions of 5 U.S.C. 552, will be self-regulatory organization consents,
consistent with the protection of available for Web site viewing and the Commission shall either approve the
investors and the public interest as it printing in the Commission’s Public proposed rule change, disapprove the
will allow dealers to immediately begin Reference Room, 100 F Street NE., proposed rule change, or institute
providing more accurate price and yield Washington, DC 20549 on official proceedings to determine whether the
data to the MSRB, which reflects the business days between the hours of proposed rule change should be
actual frequency of interest payments. 10:00 a.m. and 3:00 p.m. Copies of the disapproved. The 45th day after
Accordingly, the Commission hereby filing also will be available for publication of the notice for this
waives the 30-day operative delay inspection and copying at the principal proposed rule change is March 12, 2016.
specified in Rule 19b-4(f)(6)(iii) and office of the MSRB. All comments The Commission is extending this 45-
designates the proposed rule change to received will be posted without change; day time period.
be operative upon filing.20 the Commission does not edit personal The Commission finds it appropriate
At any time within 60 days of the identifying information from to designate a longer period within
filing of the proposed rule change, the submissions. You should submit only which to take action on the proposed
Commission summarily may information that you wish to make rule change so that it has sufficient time
temporarily suspend such rule change if available publicly. All submissions to consider this proposed rule change.
it appears to the Commission that such should refer to File Number SR–MSRB– Accordingly, the Commission, pursuant
action is necessary or appropriate in the 2016–03 and should be submitted on or to Section 19(b)(2) of the Act,5
public interest, for the protection of before April 4,2016. designates April 26, 2016, as the date by
investors, or otherwise in furtherance of which the Commission shall either
For the Commission, pursuant to delegated
the purposes of the Act. authority.21 approve or disapprove, or institute
IV. Solicitation of Comments Robert W. Errett, proceedings to determine whether to
Deputy Secretary. disapprove, the proposed rule change
Interested persons are invited to
[FR Doc. 2016–05586 Filed 3–11–16; 8:45 am] (File No. SR–NASDAQ–2016–002)
submit written data, views, and
arguments concerning the foregoing, BILLING CODE 8011–01–P For the Commission, by the Division of
including whether the proposed rule Trading and Markets, pursuant to delegated
change is consistent with the Act. authority.6
Comments may be submitted by any of SECURITIES AND EXCHANGE Robert W. Errett,
the following methods: COMMISSION Deputy Secretary.
[Release No. 34–77320; File No. SR– [FR Doc. 2016–05588 Filed 3–11–16; 8:45 am]
Electronic Comments
NASDAQ–2016–002] BILLING CODE 8011–01–P
• Use the Commission’s Internet
comment form (http://www.sec.gov/ Self-Regulatory Organizations; The
rules/sro.shtml); or NASDAQ Stock Market LLC; Notice of SECURITIES AND EXCHANGE
• Send an email to rule-comments@ Designation of a Longer Period for COMMISSION
sec.gov. Please include File Number SR– Commission Action on Proposed Rule
MSRB–2016–03 on the subject line. Change to List and Trade Shares of the [Release No. 34–77319; File No. SR–CBOE–
2016–016]
Paper Comments First Trust Municipal High Income ETF
• Send paper comments in triplicate March 8, 2016. Self-Regulatory Organizations;
to Secretary, Securities and Exchange On January 6, 2016, The NASDAQ Chicago Board Options Exchange,
Commission, 100 F Street NE., Stock Market LLC (‘‘Exchange’’) filed Incorporated; Notice of Filing and
Washington, DC 20549. with the Securities and Exchange Order Granting Accelerated Approval
All submissions should refer to File Commission (‘‘Commission’’), pursuant of a Proposed Rule Change Related to
Number SR–MSRB–2016–03. This file to Section 19(b)(1) of the Securities Options That Overlie the MSCI EAFE
number should be included on the Exchange Act of 1934 (‘‘Act’’) 1 and Rule Index and the MSCI Emerging Markets
subject line if email is used. To help the 19b–4 thereunder,2 a proposed rule Index
Commission process and review your change to list and trade shares of the March 8, 2016.
comments more efficiently, please use First Trust Municipal High Income ETF
Pursuant to Section 19(b)(1) of the
only one method. The Commission will under Nasdaq Rule 5735. The proposed
Securities Exchange Act of 1934 (the
post all comments on the Commission’s rule change was published for comment
‘‘Act’’),1 and Rule 19b–4 thereunder,2
Internet Web site (http://www.sec.gov/ in the Federal Register on January 27,
notice is hereby given that, on February
rules/sro.shtml). Copies of the 2016.3 The Commission has not
29, 2016, Chicago Board Options
submission, all subsequent received any comments on the proposal.
Exchange, Incorporated (the ‘‘Exchange’’
amendments, all written statements Section 19(b)(2) of the Act 4 provides
or ‘‘CBOE’’) filed with the Securities
with respect to the proposed rule that within 45 days of the publication of
and Exchange Commission (the
change that are filed with the notice of the filing of a proposed rule
‘‘Commission’’) the proposed rule
Commission, and all written change, or within such longer period up
change as described in Items I and II
communications relating to the to 90 days as the Commission may
below, which Items have been prepared
proposed rule change between the designate if it finds such longer period
by the Exchange. The Commission is
Commission and any person, other than to be appropriate and publishes its
jstallworth on DSK7TPTVN1PROD with NOTICES

publishing this notice to solicit
those that may be withheld from the reasons for so finding, or as to which the
comments on the proposed rule change
public in accordance with the from interested persons and, for the
21 17 CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
20 For the purpose of waiving the 30-day
2 17 CFR 240.19b–4. 5 Id.
operative delay for this proposal, the Commission
3 See Securities Exchange Act Release No. 76944 6 17 CFR 200.30–3(a)(31).
has considered the proposed rule’s impact on
efficiency, competition, and capital formation. See (Jan. 21, 2016), 81 FR 4712. 1 15 U.S.C. 78s(b)(1).
15 U.S.C. 78c(f). 4 15 U.S.C. 78s(b)(2). 2 17 CFR 240.19b–4.

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Document Created: 2016-03-12 01:01:01
Document Modified: 2016-03-12 01:01:01

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		81 FR 13429