81 FR 31272 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Amending NYSE Arca Equities Rule 7.31P(h) To Add a New Discretionary Pegged Order

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 96 (May 18, 2016)

Page Range		31272-31272
FR Document		2016-11643

Federal Register, Volume 81 Issue 96 (Wednesday, May 18, 2016)

[Federal Register Volume 81, Number 96 (Wednesday, May 18, 2016)]
[Notices]
[Page 31272]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-11643]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77820; File No. SR-NYSEArca-2016-44]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change Amending NYSE Arca Equities Rule 7.31P(h) To Add a New 
Discretionary Pegged Order

May 12, 2016.
    On March 11, 2016, NYSE Arca, 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 amend Exchange 
Rule 7.31P(h) to add a new Discretionary Pegged Order. The proposed 
rule change was published for comment in the Federal Register on March 
30, 2016.\3\ The Commission received two comment letters on the 
proposed rule change,\4\ as well as a response from the Exchange.\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. 77441 (March 24, 
2016), 81 FR 17749.
    \4\ See Letter from Sophia Lee, General Counsel, IEX Group, 
Inc., to Brent J. Fields, Secretary, Commission, dated April 15, 
2016; Letter from John C. Nagel, Managing Director and Senior Deputy 
General Counsel, Citadel LLC, to Brent J. Fields, Secretary, 
Commission, dated April 20, 2016.
    \5\ See Letter from Elizabeth K. King, General Counsel and 
Corporate Secretary, New York Stock Exchange, to Brent J. Fields, 
Secretary, Commission, dated April 27, 2016.
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    Section 19(b)(2) of the Act \6\ 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 May 14, 2016. The Commission is extending this 45-day time period.
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    \6\ 15 U.S.C. 78s(b)(2).
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    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 proposed rule change. 
Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\7\ designates June 28, 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 Number 
SR-NYSEArca-2016-44).
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    \7\ 15 U.S.C. 78s(b)(2).

    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. 2016-11643 Filed 5-17-16; 8:45 am]
 BILLING CODE 8011-01-P

31272 Federal Register / Vol. 81, No. 96 / Wednesday, May 18, 2016 / Notices

Paper Comments SECURITIES AND EXCHANGE 19(b)(2) of the Act,7 designates June 28,
COMMISSION 2016, as the date by which the
• Send paper comments in triplicate Commission should either approve or
to Elizabeth Murphy, Secretary, [Release No. 34–77820; File No. SR– disapprove or institute proceedings to
Securities and Exchange Commission, NYSEArca–2016–44] determine whether to disapprove the
100 F Street NE., Washington, DC proposed rule change (File Number SR–
20549–1090. Self-Regulatory Organizations; NYSE NYSEArca–2016–44).
Arca, Inc.; Notice of Designation of a
All submissions should refer to File For the Commission, by the Division of
Longer Period for Commission Action
Number SR–ISE–2016–13. This file Trading and Markets, pursuant to delegated
on a Proposed Rule Change Amending authority.8
number should be included on the NYSE Arca Equities Rule 7.31P(h) To Robert W. Errett,
subject line if email is used. To help the Add a New Discretionary Pegged Order
Commission process and review your Deputy Secretary.
comments more efficiently, please use May 12, 2016. [FR Doc. 2016–11643 Filed 5–17–16; 8:45 am]
only one method. The Commission will On March 11, 2016, NYSE Arca, Inc. BILLING CODE 8011–01–P

post all comments on the Commission’s (‘‘Exchange’’) filed with the Securities
Internet Web site (http://www.sec.gov/ and Exchange Commission
(‘‘Commission’’), pursuant to Section SECURITIES AND EXCHANGE
rules/sro.shtml). Copies of the
19(b)(1) of the Securities Exchange Act COMMISSION
submission, all subsequent
amendments, all written statements of 1934 (‘‘Act’’) 1 and Rule 19b–4 [Release No. 34–77819; File No. SR–
thereunder,2 a proposed rule change to BatsEDGX–2016–17]
with respect to the proposed rule
amend Exchange Rule 7.31P(h) to add a
change that are filed with the Self-Regulatory Organizations; Bats
new Discretionary Pegged Order. The
Commission, and all written proposed rule change was published for EDGX Exchange, Inc.; Notice of Filing
communications relating to the comment in the Federal Register on and Immediate Effectiveness of a
proposed rule change between the March 30, 2016.3 The Commission Proposed Rule Change To Amend the
Commission and any person, other than received two comment letters on the Description of Price Improving Orders
those that may be withheld from the proposed rule change,4 as well as a Under Subparagraph (6) to Rule 21.1(d)
public in accordance with the response from the Exchange.5 and Add Subparagraph (4) to Rule
provisions of 5 U.S.C. 552, will be Section 19(b)(2) of the Act 6 provides 21.1(h) Modifying the Operation of
available for Web site viewing and that, within 45 days of the publication Orders Subject to the Display Price
printing in the Commission’s Public of notice of the filing of a proposed rule Sliding Process When a Contra-Side
Reference Room, 100 F Street NE., change, or within such longer period up Post Only Order Is Received by the
Washington, DC 20549 on official to 90 days as the Commission may Bats EDGX Exchange Options Platform
business days between the hours of designate if it finds such longer period
May 12, 2016.
10:00 a.m. and 3:00 p.m. Copies of such to be appropriate and publishes its
Pursuant to Section 19(b)(1) of the
filing also will be available for reasons for so finding or as to which the
Securities Exchange Act of 1934 (the
inspection and copying at the principal self-regulatory organization consents,
‘‘Act’’),1 and Rule 19b–4 thereunder,2
office of the ISE. All comments received the Commission shall either approve the
notice is hereby given that on May 3,
will be posted without change; the proposed rule change, disapprove the
2016, Bats EDGX Exchange, Inc. f/k/a
Commission does not edit personal proposed rule change, or institute
EDGX Exchange, Inc. (the ‘‘Exchange’’
identifying information from proceedings to determine whether the
or ‘‘EDGX’’) filed with the Securities
submissions. You should submit only proposed rule change should be
and Exchange Commission
information that you wish to make disapproved. The 45th day after
(‘‘Commission’’) the proposed rule
available publicly. All submissions publication of the notice for this
change as described in Items I and II
proposed rule change is May 14, 2016.
should refer to File Number SR–ISE– below, which Items have been prepared
The Commission is extending this
2016–13 and should be submitted by by the Exchange. The Exchange has
45-day time period.
June 8, 2016. designated this proposal as a ‘‘non-
The Commission finds that it is
For the Commission, by the Division of controversial’’ proposed rule change
appropriate to designate a longer period
Trading and Markets, pursuant to delegated pursuant to Section 19(b)(3)(A) of the
within which to take action on the
authority.16 Act 3 and Rule 19b–4(f)(6)(iii)
proposed rule change so that it has
thereunder,4 which renders it effective
Robert W. Errett, sufficient time to consider the proposed
upon filing with the Commission. The
Deputy Secretary. rule change. Accordingly, the
Commission is publishing this notice to
[FR Doc. 2016–11644 Filed 5–17–16; 8:45 am] Commission, pursuant to Section
solicit comments on the proposed rule
BILLING CODE 8011–01–P
1 15
change from interested persons.
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4. I. Self-Regulatory Organization’s
3 See Securities Exchange Act Release No. 77441
Statement of the Terms of Substance of
(March 24, 2016), 81 FR 17749. the Proposed Rule Change
4 See Letter from Sophia Lee, General Counsel,

IEX Group, Inc., to Brent J. Fields, Secretary, The Exchange filed a proposal to: (i)
sradovich on DSK3TPTVN1PROD with NOTICES

Commission, dated April 15, 2016; Letter from John Amend the description of Price
C. Nagel, Managing Director and Senior Deputy
General Counsel, Citadel LLC, to Brent J. Fields, 7 15
Secretary, Commission, dated April 20, 2016. U.S.C. 78s(b)(2).
8 17 CFR 200.30–3(a)(31).
5 See Letter from Elizabeth K. King, General
1 15 U.S.C. 78s(b)(1).
Counsel and Corporate Secretary, New York Stock
2 17 CFR 240.19b–4.
Exchange, to Brent J. Fields, Secretary, Commission,
dated April 27, 2016. 3 15 U.S.C. 78s(b)(3)(A).
16 17 CFR 200.30–3(a)(12). 6 15 U.S.C. 78s(b)(2). 4 17 CFR 240.19b–4(f)(6)(iii).

VerDate Sep<11>2014 17:10 May 17, 2016 Jkt 238001 PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 E:\FR\FM\18MYN1.SGM 18MYN1

Document Created: 2016-05-18 00:06:45
Document Modified: 2016-05-18 00:06:45

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 31272