81 FR 1670 - Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change To Establish Rules To Adopt FINRA Rule 6191(a) To Implement the Quoting and Trading Requirements of the Regulation NMS Plan To Implement a Tick Size Pilot Program

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 8 (January 13, 2016)

Page Range		1670-1670
FR Document		2016-00469

Federal Register, Volume 81 Issue 8 (Wednesday, January 13, 2016)

[Federal Register Volume 81, Number 8 (Wednesday, January 13, 2016)]
[Notices]
[Page 1670]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-00469]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-76855; File No. SR-FINRA-2015-47]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of Longer Period for Commission 
Action on a Proposed Rule Change To Establish Rules To Adopt FINRA Rule 
6191(a) To Implement the Quoting and Trading Requirements of the 
Regulation NMS Plan To Implement a Tick Size Pilot Program

January 7, 2016.
    On November 13, 2015, the Financial Industry Regulatory Authority, 
Inc. (``FINRA'') 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 adopt FINRA Rule 6191(a) to implement the 
quoting and trading requirements of the Plan to Implement a Tick Size 
Pilot Program.\3\ The proposed rule change was published for comment in 
the Federal Register on November 25, 2015.\4\ The Commission has 
received two comment letters on the proposal.\5\
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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. 74892 (May 6, 2015), 
80 FR 27513 (May 13, 2015) (order approving the Tick Size Pilot).
    \4\ See Securities Exchange Act Release No. 76483 (November 19, 
2015), 80 FR 73853.
    \5\ See Letters from Mary Lou Von Kaenel, Managing Director, 
Financial Information Forum, dated December 16, 2015 and Theodore R. 
Lazo, Managing Director and Associate General Counsel, Securities 
Industry and Financial Markets Association, dated December 18, 2015, 
to Robert W. Errett, Deputy Secretary, Commission.
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    Section 19(b)(2) of the Act \6\ provides that, within 45 days of 
the publication of the 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 January 9, 2016.
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    \6\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending this 45-day time period. The Commission 
finds that it is appropriate to designate a longer period within which 
to take action on the proposed rule change so that it has sufficient 
time to consider the proposal.
    Accordingly, pursuant to Section 19(b)(2) of the Act,\7\ the 
Commission designates February 23, 2016, 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-FINRA-2015-47).
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    \7\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(31).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-00469 Filed 1-12-16; 8:45 am]
 BILLING CODE 8011-01-P

1670 Federal Register / Vol. 81, No. 8 / Wednesday, January 13, 2016 / Notices

number should be included on the Exchange Commission (‘‘Commission’’), SECURITIES AND EXCHANGE
subject line if email is used. To help the pursuant to Section 19(b)(1) of the COMMISSION
Commission process and review your Securities Exchange Act of 1934
[Release No. 34–76854; File No. SR–FINRA–
comments more efficiently, please use (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a 2015–48]
only one method. The Commission will proposed rule change to adopt FINRA
post all comments on the Commission’s Rule 6191(a) to implement the quoting Self-Regulatory Organizations;
Internet Web site (http://www.sec.gov/ and trading requirements of the Plan to Financial Industry Regulatory
rules/sro.shtml). Copies of the Implement a Tick Size Pilot Program.3 Authority, Inc.; Notice of Designation
submission, all subsequent The proposed rule change was of Longer Period for Commission
amendments, all written statements published for comment in the Federal Action on a Proposed Rule Change To
with respect to the proposed rule Register on November 25, 2015.4 The Establish Rules To Adopt FINRA Rule
change that are filed with the Commission has received two comment 6191(b) and Amend FINRA Rule 7440
Commission, and all written letters on the proposal.5 To Implement the Data Collection
communications relating to the Section 19(b)(2) of the Act 6 provides Requirements of the Plan To
proposed rule change between the that, within 45 days of the publication Implement a Tick Size Pilot Program
Commission and any person, other than of the notice of the filing of a proposed
those that may be withheld from the January 7, 2016.
rule change, or within such longer On November 13, 2015, the Financial
public in accordance with the period up to 90 days as the Commission
provisions of 5 U.S.C. 552, will be Industry Regulatory Authority, Inc.
may designate if it finds such longer (‘‘FINRA’’) filed with the Securities and
available for Web site viewing and period to be appropriate and publishes
printing in the Commission’s Public Exchange Commission (‘‘Commission’’),
its reasons for so finding or as to which pursuant to Section 19(b)(1) of the
Reference Room, 100 F Street NE., the self-regulatory organization
Washington, DC 20549 on official Securities Exchange Act of 1934
consents, the Commission shall either (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
business days between the hours of approve the proposed rule change,
10:00 a.m. and 3:00 p.m. Copies of the proposed rule change to adopt FINRA
disapprove the proposed rule change, or Rule 6191(b) and amend FINRA Rule
filing also will be available for institute proceedings to determine
inspection and copying at the principal 7440 to implement the data collection
whether the proposed rule change requirements of the Plan to Implement
office of the Exchange. All comments should be disapproved. The 45th day for
received will be posted without change; a Tick Size Pilot Program.3 The
this filing is January 9, 2016. proposed rule change was published for
the Commission does not edit personal
identifying information from The Commission is extending this 45- comment in the Federal Register on
submissions. You should submit only day time period. The Commission finds November 25, 2015.4 The Commission
information that you wish to make that it is appropriate to designate a has received two comment letters on the
longer period within which to take proposal.5
available publicly. All submissions
action on the proposed rule change so Section 19(b)(2) of the Act 6 provides
should refer to File Number SR–NYSE–
that it has sufficient time to consider the that, within 45 days of the publication
2016–07and should be submitted on or of the notice of the filing of a proposed
before February 3, 2016. proposal.
rule change, or within such longer
For the Commission, by the Division of Accordingly, pursuant to Section
period up to 90 days as the Commission
Trading and Markets, pursuant to delegated 19(b)(2) of the Act,7 the Commission
may designate if it finds such longer
authority.19 designates February 23, 2016, as the period to be appropriate and publishes
Robert W. Errett, date by which the Commission should its reasons for so finding or as to which
Deputy Secretary. either approve or disapprove or institute the self-regulatory organization
[FR Doc. 2016–00463 Filed 1–12–16; 8:45 am]
proceedings to determine whether to consents, the Commission shall either
disapprove the proposed rule change approve the proposed rule change,
BILLING CODE 8011–01–P
(File No. SR–FINRA–2015–47). disapprove the proposed rule change, or
For the Commission, by the Division of institute proceedings to determine
SECURITIES AND EXCHANGE Trading and Markets, pursuant to delegated whether the proposed rule change
COMMISSION authority.8 should be disapproved. The 45th day for
Robert W. Errett, this filing is January 9, 2016.
[Release No. 34–76855; File No. SR–FINRA– The Commission is extending this 45-
2015–47] Deputy Secretary.
[FR Doc. 2016–00469 Filed 1–12–16; 8:45 am] day time period. The Commission finds
Self-Regulatory Organizations; BILLING CODE 8011–01–P
that it is appropriate to designate a
Financial Industry Regulatory longer period within which to take
Authority, Inc.; Notice of Designation 1 15
action on the proposed rule change so
U.S.C. 78s(b)(1).
of Longer Period for Commission 2 17 CFR 240.19b–4.
that it has sufficient time to consider the
Action on a Proposed Rule Change To 3 See Securities Exchange Act Release No. 74892 proposal.
Establish Rules To Adopt FINRA Rule (May 6, 2015), 80 FR 27513 (May 13, 2015) (order
approving the Tick Size Pilot). 1 15 U.S.C. 78s(b)(1).
6191(a) To Implement the Quoting and 4 See Securities Exchange Act Release No. 76483 2 17 CFR 240.19b–4.
Trading Requirements of the (November 19, 2015), 80 FR 73853. 3 See Securities Exchange Act Release No. 74892
asabaliauskas on DSK5VPTVN1PROD with NOTICES

Regulation NMS Plan To Implement a 5 See Letters from Mary Lou Von Kaenel, (May 6, 2015), 80 FR 27513 (May 13, 2015).
Tick Size Pilot Program Managing Director, Financial Information Forum, 4 See Securities Exchange Act Release No. 76484
dated December 16, 2015 and Theodore R. Lazo, (November 19, 2015), 80 FR 73858.
January 7, 2016. Managing Director and Associate General Counsel, 5 See Letters from Mary Lou Von Kaenel,
Securities Industry and Financial Markets Managing Director, Financial Information Forum,
On November 13, 2015, the Financial Association, dated December 18, 2015, to Robert W. dated December 16, 2015 and Manisha Kimmel,
Industry Regulatory Authority, Inc. Errett, Deputy Secretary, Commission. Chief Regulatory Officer, Wealth Management,
(‘‘FINRA’’) filed with the Securities and 6 15 U.S.C. 78s(b)(2).
Thomson Reuters, dated December 16, 2015 to
7 Id. Robert W. Errett, Deputy Secretary, Commission.
19 17 CFR 200.30–3(a)(12). 8 17 CFR 200.30–3(a)(31). 6 15 U.S.C. 78s(b)(2).

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Document Created: 2016-01-13 01:00:54
Document Modified: 2016-01-13 01:00:54

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 1670