81 FR 35079 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To Amend Rule 6.67(c) by Revising the Clearing Member Requirements for Entering an Order Into the Electronic Order Capture System

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 105 (June 1, 2016)

Page Range		35079-35079
FR Document		2016-12794

Federal Register, Volume 81 Issue 105 (Wednesday, June 1, 2016)

[Federal Register Volume 81, Number 105 (Wednesday, June 1, 2016)]
[Notices]
[Page 35079]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-12794]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77909; File No. SR-NYSEArca-2016-15]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1, To Amend Rule 6.67(c) by 
Revising the Clearing Member Requirements for Entering an Order Into 
the Electronic Order Capture System

May 25, 2016.
    On March 22, 2016, NYSE Arca, Inc. (the ``Exchange'' or ``NYSE 
Arca'') 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 Rule 6.67(c) to change the timing for 
recording the name of the Clearing Member \3\ in the Electronic Order 
Capture system (``EOC''). On March 29, 2016,\4\ the Exchange filed 
Amendment No. 1 to the proposed rule change. The Commission published 
the proposed rule change, as modified by Amendment No. 1, for comment 
in the Federal Register on April 11, 2016.\5\ The Commission received 
no comments on the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Rule 6.1(3) defines ``Clearing Member'' as an Exchange OTP 
which has been admitted to membership in the Options Clearing 
Corporation pursuant to the provisions of the Rules of the Options 
Clearing Corporation.
    \4\ The Commission notes that the amendment date of March 30, 
2016 in the SR-NYSEArca-2016-15 Notice is incorrect and the proper 
date is March 29, 2016.
    \5\ See Securities Exchange Act Release No. 34-77516 (April 5, 
2016), 81 FR 21429 (``Notice''). Amendment No. 1 was included in the 
Notice and provided the clarification that the CMTA Information and 
the name of the clearing OTP Holder would be entered into the EOC 
``as the events occur and/or during trade reporting procedures which 
may occur after the representation and execution of the order.''
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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 approve the proposed rule 
change, disapprove the proposed rule change, or institute proceedings 
to determine whether the proposed rule change should be disapproved. 
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 July 10, 2016, as the date by which the Commission 
should approve, disapprove, or institute proceedings to determine 
whether to disapprove the proposed rule change (File No. SR-NYSEArca-
2016-15), as modified by Amendment No. 1.
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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)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2016-12794 Filed 5-31-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 105 / Wednesday, June 1, 2016 / Notices 35079

of the Act 11 and paragraph (f) of Rule submissions. You should submit only The Commission received no comments
19b–4 thereunder.12 At any time within information that you wish to make on the proposed rule change.
60 days of the filing of the proposed rule available publicly. All submissions Section 19(b)(2) of the Act 6 provides
change, the Commission summarily may should refer to File No. SR–BatsBYX– that, within 45 days of the publication
temporarily suspend such rule change if 2016–10, and should be submitted on or of the notice of the filing of a proposed
it appears to the Commission that such before June 22, 2016. rule change, or within such longer
action is necessary or appropriate in the period up to 90 days as the Commission
For the Commission, by the Division of
public interest, for the protection of Trading and Markets, pursuant to delegated
may designate if it finds such longer
investors, or otherwise in furtherance of authority.13 period to be appropriate and publishes
the purposes of the Act. its reasons for so finding or as to which
Brent J. Fields,
the self-regulatory organization
IV. Solicitation of Comments Secretary. consents, the Commission shall approve
Interested persons are invited to [FR Doc. 2016–12780 Filed 5–31–16; 8:45 am] the proposed rule change, disapprove
submit written data, views, and BILLING CODE 8011–01–P the proposed rule change, or institute
arguments concerning the foregoing, proceedings to determine whether the
including whether the proposed rule proposed rule change should be
change is consistent with the Act. SECURITIES AND EXCHANGE disapproved. The Commission is
Comments may be submitted by any of COMMISSION extending this 45-day time period.
the following methods: The Commission finds that it is
Electronic Comments [Release No. 34–77909; File No. SR– appropriate to designate a longer period
NYSEArca–2016–15] within which to take action on the
• Use the Commission’s Internet proposed rule change so that it has
comment form (http://www.sec.gov/ Self-Regulatory Organizations; NYSE sufficient time to consider the proposed
rules/sro.shtml); or Arca, Inc.; Notice of Designation of rule change. Accordingly, the
• Send an email to rule-comments@ Longer Period for Commission Action Commission, pursuant to Section
sec.gov. Please include File No. SR– on a Proposed Rule Change, as 19(b)(2) of the Act,7 designates July 10,
BatsBYX–2016–10 on the subject line. Modified by Amendment No. 1, To 2016, as the date by which the
Paper Comments Amend Rule 6.67(c) by Revising the Commission should approve,
Clearing Member Requirements for disapprove, or institute proceedings to
• Send paper comments in triplicate Entering an Order Into the Electronic determine whether to disapprove the
to Secretary, Securities and Exchange Order Capture System proposed rule change (File No. SR–
Commission, 100 F Street NE.,
NYSEArca–2016–15), as modified by
Washington, DC 20549–1090. May 25, 2016.
Amendment No. 1.
All submissions should refer to File No. On March 22, 2016, NYSE Arca, Inc.
SR–BatsBYX–2016–10. This file number For the Commission, by the Division of
(the ‘‘Exchange’’ or ‘‘NYSE Arca’’) filed Trading and Markets, pursuant to delegated
should be included on the subject line with the Securities and Exchange authority.8
if email is used. To help the Commission (‘‘Commission’’), pursuant Brent J. Fields,
Commission process and review your to Section 19(b)(1) of the Securities
comments more efficiently, please use Secretary.
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
only one method. The Commission will [FR Doc. 2016–12794 Filed 5–31–16; 8:45 am]
19b–4 thereunder,2 a proposed rule
post all comments on the Commission’s change to amend Rule 6.67(c) to change
BILLING CODE 8011–01–P

Internet Web site (http://www.sec.gov/ the timing for recording the name of the
rules/sro.shtml). Copies of the Clearing Member 3 in the Electronic
submission, all subsequent SECURITIES AND EXCHANGE
Order Capture system (‘‘EOC’’). On COMMISSION
amendments, all written statements March 29, 2016,4 the Exchange filed
with respect to the proposed rule Amendment No. 1 to the proposed rule [Release No. 34–77907; File No. SR–ISE–
change that are filed with the change. The Commission published the 2016–14]
Commission, and all written proposed rule change, as modified by
communications relating to the Self-Regulatory Organizations;
Amendment No. 1, for comment in the
proposed rule change between the International Securities Exchange,
Federal Register on April 11, 2016.5
Commission and any person, other than LLC; Notice of Filing and Immediate
those that may be withheld from the Effectiveness of Proposed Rule
13 17 CFR 200.30–3(a)(12).
public in accordance with the 1 15
Change To Amend the Schedule of
U.S.C. 78s(b)(1).
provisions of 5 U.S.C. 552, will be 2 17 CFR 240.19b–4.
Fees
available for Web site viewing and 3 Rule 6.1(3) defines ‘‘Clearing Member’’ as an
May 25, 2016.
printing in the Commission’s Public Exchange OTP which has been admitted to
membership in the Options Clearing Corporation Pursuant to Section 19(b)(1) of the
Reference Room, 100 F Street NE., pursuant to the provisions of the Rules of the Securities Exchange Act of 1934
Washington, DC 20549, on official Options Clearing Corporation. (‘‘Act’’) 1 and Rule 19b–4 thereunder,2
business days between the hours of 4 The Commission notes that the amendment date
notice is hereby given that on May 12,
10:00 a.m. and 3:00 p.m. Copies of the of March 30, 2016 in the SR–NYSEArca–2016–15
2016, the International Securities
filing also will be available for Notice is incorrect and the proper date is March 29,
2016. Exchange, LLC (the ‘‘Exchange’’ or
sradovich on DSK3TPTVN1PROD with NOTICES

inspection and copying at the principal 5 See Securities Exchange Act Release No. 34– ‘‘ISE’’) filed with the Securities and
office of the Exchange. All comments 77516 (April 5, 2016), 81 FR 21429 (‘‘Notice’’). Exchange Commission (‘‘Commission’’)
received will be posted without change; Amendment No. 1 was included in the Notice and
the Commission does not edit personal provided the clarification that the CMTA 6 15 U.S.C. 78s(b)(2).
Information and the name of the clearing OTP
identifying information from Holder would be entered into the EOC ‘‘as the
7 Id.
8 17 CFR 200.30–3(a)(12).
events occur and/or during trade reporting
11 15 U.S.C. 78s(b)(3)(A). 1 15 U.S.C. 78s(b)(1).
procedures which may occur after the
12 17 CFR 240.19b–4(f). representation and execution of the order.’’ 2 17 CFR 240.19b–4.

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Document Created: 2018-02-08 07:26:58
Document Modified: 2018-02-08 07:26:58

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 35079