81 FR 35098 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To Amend Rule 955NY(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		35098-35098
FR Document		2016-12772

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

[Federal Register Volume 81, Number 105 (Wednesday, June 1, 2016)]
[Notices]
[Page 35098]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-12772]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77910; File No. SR-NYSEMKT-2016-13]


Self-Regulatory Organizations; NYSE MKT LLC; Notice of 
Designation of Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1, To Amend Rule 955NY(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 MKT LLC (the ``Exchange'' or ``NYSE MKT'') 
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 955NY(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.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Rule 900.2NY defines ``Clearing Member'' as an Exchange ATP 
Holder 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-NYSEMKT-2016-13 Notice is incorrect and the proper 
date is March 29, 2016.
    \5\ See Securities Exchange Act Release No. 34-77518 (April 5, 
2016), 81 FR 21415 (``Notice''). Amendment No. 1 was included in the 
Notice and provided the clarification that the CMTA Information and 
the name of the clearing ATP 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.''
---------------------------------------------------------------------------

    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.
---------------------------------------------------------------------------

    \6\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    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, pursuant to Section 19(b)(2) of the Act,\7\ the Commission 
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-NYSEMKT-2016-13), as 
modified by Amendment No. 1.
---------------------------------------------------------------------------

    \7\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Brent J. Fields,
Secretary.
[FR Doc. 2016-12772 Filed 5-31-16; 8:45 am]
BILLING CODE 8011-01-P

35098 Federal Register / Vol. 81, No. 105 / Wednesday, June 1, 2016 / Notices

C. Self-Regulatory Organization’s those that may be withheld from the Exchange filed Amendment No. 1 to the
Statement on Comments on the public in accordance with the proposed rule change. The Commission
Proposed Rule Change Received From provisions of 5 U.S.C. 552, will be published the proposed rule change, as
Members, Participants, or Others available for Web site viewing and modified by Amendment No. 1, for
No written comments were either printing in the Commission’s Public comment in the Federal Register on
solicited or received. Reference Room, 100 F Street NE., April 11, 2016.5 The Commission
Washington, DC 20549, on official received no comments on the proposed
III. Date of Effectiveness of the business days between the hours of rule change.
Proposed Rule Change and Timing for 10:00 a.m. and 3:00 p.m. Copies of the
Commission Action filing also will be available for Section 19(b)(2) of the Act 6 provides
The foregoing rule change has become inspection and copying at the principal that, within 45 days of the publication
effective pursuant to Section office of the Exchange. All comments of the notice of the filing of a proposed
19(b)(3)(A)(ii) of the Act.20 received will be posted without change; rule change, or within such longer
At any time within 60 days of the the Commission does not edit personal period up to 90 days as the Commission
filing of the proposed rule change, the identifying information from may designate if it finds such longer
Commission summarily may submissions. You should submit only period to be appropriate and publishes
temporarily suspend such rule change if information that you wish to make its reasons for so finding or as to which
it appears to the Commission that such available publicly. the self-regulatory organization
action is: (i) Necessary or appropriate in All submissions should refer to File consents, the Commission shall approve
the public interest; (ii) for the protection Number SR–Phlx–2016–59 and should the proposed rule change, disapprove
of investors; or (iii) otherwise in be submitted on or before June 22, 2016. the proposed rule change, or institute
furtherance of the purposes of the Act. For the Commission, by the Division of proceedings to determine whether the
If the Commission takes such action, the Trading and Markets, pursuant to delegated proposed rule change should be
Commission shall institute proceedings authority.21 disapproved. The Commission is
to determine whether the proposed rule Brent J. Fields, extending this 45-day time period.
should be approved or disapproved. Secretary. The Commission finds that it is
IV. Solicitation of Comments [FR Doc. 2016–12793 Filed 5–31–16; 8:45 am] appropriate to designate a longer period
Interested persons are invited to BILLING CODE 8011–01–P within which to take action on the
submit written data, views, and proposed rule change so that it has
arguments concerning the foregoing, sufficient time to consider the proposed
including whether the proposed rule SECURITIES AND EXCHANGE rule change. Accordingly, pursuant to
change is consistent with the Act. COMMISSION Section 19(b)(2) of the Act,7 the
Comments may be submitted by any of Commission designates July 10, 2016, as
the following methods: [Release No. 34–77910; File No. SR–
NYSEMKT–2016–13] the date by which the Commission
Electronic Comments should approve, disapprove, or institute
Self-Regulatory Organizations; NYSE proceedings to determine whether to
• Use the Commission’s Internet
MKT LLC; Notice of Designation of disapprove the proposed rule change
comment form (http://www.sec.gov/
Longer Period for Commission Action (File No. SR–NYSEMKT–2016–13), as
rules/sro.shtml); or
• Send an email to rule-comments@ on a Proposed Rule Change, as modified by Amendment No. 1.
sec.gov. Please include File Number SR– Modified by Amendment No. 1, To For the Commission, by the Division of
Phlx–2016–59 on the subject line. Amend Rule 955NY(c) by Revising the Trading and Markets, pursuant to delegated
Clearing Member Requirements for authority.8
Paper Comments Entering an Order Into the Electronic
Brent J. Fields,
• Send paper comments in triplicate Order Capture System
Secretary.
to Secretary, Securities and Exchange May 25, 2016. [FR Doc. 2016–12772 Filed 5–31–16; 8:45 am]
Commission, 100 F Street NE.,
On March 22, 2016, NYSE MKT LLC
Washington, DC 20549–1090. BILLING CODE 8011–01–P
(the ‘‘Exchange’’ or ‘‘NYSE MKT’’) filed
All submissions should refer to File with the Securities and Exchange
Number SR–Phlx–2016–59. This file Commission (‘‘Commission’’), pursuant
number should be included on the to Section 19(b)(1) of the Securities
subject line if email is used. To help the Exchange Act of 1934 (‘‘Act’’) 1 and Rule
Commission process and review your 19b–4 thereunder,2 a proposed rule
comments more efficiently, please use change to amend Rule 955NY(c) to
only one method. The Commission will change the timing for recording the
post all comments on the Commission’s name of the Clearing Member 3 in the Notice is incorrect and the proper date is March 29,
Internet Web site (http://www.sec.gov/ Electronic Order Capture system
2016.
rules/sro.shtml). (‘‘EOC’’). On March 29, 2016,4 the
5 See Securities Exchange Act Release No. 34–

Copies of the submission, all 77518 (April 5, 2016), 81 FR 21415 (‘‘Notice’’).
subsequent amendments, all written Amendment No. 1 was included in the Notice and
21 17 CFR 200.30–3(a)(12). provided the clarification that the CMTA
statements with respect to the proposed
sradovich on DSK3TPTVN1PROD with NOTICES

1 15 U.S.C. 78s(b)(1). Information and the name of the clearing ATP
rule change that are filed with the 2 17 CFR 240.19b–4.
Holder would be entered into the EOC ‘‘as the
Commission, and all written 3 Rule 900.2NY defines ‘‘Clearing Member’’ as an
events occur and/or during trade reporting
communications relating to the Exchange ATP Holder which has been admitted to procedures which may occur after the
membership in the Options Clearing Corporation
proposed rule change between the pursuant to the provisions of the Rules of the
representation and execution of the order.’’
Commission and any person, other than Options Clearing Corporation.
6 15 U.S.C. 78s(b)(2).

4 The Commission notes that the amendment date 7 Id.

20 15 U.S.C. 78s(b)(3)(A)(ii). of March 30, 2016 in the SR–NYSEMKT–2016–13 8 17 CFR 200.30–3(a)(12).

VerDate Sep<11>2014 21:59 May 31, 2016 Jkt 238001 PO 00000 Frm 00130 Fmt 4703 Sfmt 9990 E:\FR\FM\01JNN1.SGM 01JNN1

Document Created: 2018-02-08 07:27:08
Document Modified: 2018-02-08 07:27:08

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 35098