81 FR 36367 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Amending the Definition of “Block” for Purposes of Rule 72(d)-Equities and the Size of a Proposed Cross Transaction Eligible for the Cross Function in Rule 76-Equities

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 108 (June 6, 2016)

Page Range		36367-36367
FR Document		2016-13211

Federal Register, Volume 81 Issue 108 (Monday, June 6, 2016)

[Federal Register Volume 81, Number 108 (Monday, June 6, 2016)]
[Notices]
[Page 36367]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-13211]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77951; File No. SR-NYSEMKT-2016-49]


Self-Regulatory Organizations; NYSE MKT LLC; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change Amending the Definition of ``Block'' for Purposes of Rule 
72(d)--Equities and the Size of a Proposed Cross Transaction Eligible 
for the Cross Function in Rule 76--Equities

May 31, 2016.
    On April 22, 2016, NYSE MKT LLC (``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 its rules relating to pre-opening indications and opening 
procedures. The proposed rule change was published for comment in the 
Federal Register on May 3, 2016.\3\ The Commission has 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\ See Securities Exchange Act Release No. 77734 (Apr. 27, 
2016), 81 FR 26598.
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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 June 17, 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 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,\5\ designates August 1, 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-NYSEMKT-2016-49).
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Brent J. Fields,
Secretary.
[FR Doc. 2016-13211 Filed 6-3-16; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 81, No. 108 / Monday, June 6, 2016 / Notices 36367

All submissions should refer to File with the Securities and Exchange SECURITIES AND EXCHANGE
Number SR–NYSEARCA–2016–76. This Commission (‘‘Commission’’), pursuant COMMISSION
file 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 [Release No. 34–77949; File No. SR–
Commission process and review your 19b–4 thereunder,2 a proposed rule NYSEMKT–2016–56]
comments more efficiently, please use change to amend its rules relating to
only one method. The Commission will pre-opening indications and opening Self-Regulatory Organizations; NYSE
post all comments on the Commission’s procedures. The proposed rule change MKT LLC; Notice of Filing and
Internet Web site (http://www.sec.gov/ was published for comment in the Immediate Effectiveness of Proposed
rules/sro.shtml). Copies of the Federal Register on May 3, 2016.3 The Rule Change Implementing the
submission, all subsequent Commission has received no comments Quoting and Trading Provisions of the
amendments, all written statements on the proposed rule change. Plan To Implement a Tick Size Pilot
with respect to the proposed rule Program Submitted to the Commission
change that are filed with the Section 19(b)(2) of the Act 4 provides Pursuant to Rule 608 of Regulation
Commission, and all written that, within 45 days of the publication NMS Under the Act
communications relating to the of notice of the filing of a proposed rule
proposed rule change between the change, or within such longer period up May 31, 2016.
Commission and any person, other than to 90 days as the Commission may Pursuant to Section 19(b)(1) 1 of the
those that may be withheld from the designate if it finds such longer period Securities Exchange Act of 1934 (the
public in accordance with the to be appropriate and publishes its ‘‘Act’’) 2 and Rule 19b–4 thereunder,3
provisions of 5 U.S.C. 552, will be reasons for so finding or as to which the notice is hereby given that on May 20,
available for Web site viewing and self-regulatory organization consents, 2016, NYSE MKT LLC (the ‘‘Exchange’’
printing in the Commission’s Public the Commission shall either approve the or ‘‘NYSE MKT’’) filed with the
Reference Room, 100 F Street NE., proposed rule change, disapprove the Securities and Exchange Commission
Washington, DC 20549 on official proposed rule change, or institute (the ‘‘Commission’’) the proposed rule
business days between the hours of proceedings to determine whether the change as described in Items I, II, and
10:00 a.m. and 3:00 p.m. Copies of the III below, which Items have been
proposed rule change should be
filing also will be available for prepared by the self-regulatory
disapproved. The 45th day after
inspection and copying at the principal organization. The Commission is
publication of the notice for this
office of the Exchange. All comments publishing this notice to solicit
proposed rule change is June 17, 2016. comments on the proposed rule change
received will be posted without change; The Commission is extending this 45-
the Commission does not edit personal from interested persons.
day time period.
identifying information from I. Self-Regulatory Organization’s
submissions. You should submit only The Commission finds that it is
Statement of the Terms of Substance of
information that you wish to make appropriate to designate a longer period
the Proposed Rule Change
available publicly. All submissions within which to take action on the
should refer to File Number SR– proposed rule change so that it has The Exchange proposes to implement
NYSEARCA–2016–76 and should be sufficient time to consider the proposed the quoting and trading provisions of
submitted on or before June 27, 2016. rule change. Accordingly, the the Plan to Implement a Tick Size Pilot
Commission, pursuant to Section Program submitted to the Commission
For the Commission, by the Division of
Trading and Markets, pursuant to delegated 19(b)(2) of the Act,5 designates August pursuant to Rule 608 of Regulation
authority.51 1, 2016, as the date by which the NMS 4 under the Act (the ‘‘Plan’’). The
Brent J. Fields, Commission should either approve or proposed rule change is substantially
disapprove or institute proceedings to similar to proposed rule changes
Secretary.
determine whether to disapprove the recently approved or published by the
[FR Doc. 2016–13208 Filed 6–3–16; 8:45 am]
Commission by New York Stock
BILLING CODE 8011–01–P proposed rule change (File Number SR–
Exchange LLC to adopt NYSE Rules
NYSEMKT–2016–49).
67(a) and 67(c)–(e), which also
For the Commission, by the Division of implemented the quoting and trading
SECURITIES AND EXCHANGE Trading and Markets, pursuant to delegated provisions of the Plan.5 Therefore, the
COMMISSION authority.6 Exchange has designated this proposal
[Release No. 34–77951; File No. SR– Brent J. Fields, as ‘‘non-controversial’’ and provided the
NYSEMKT–2016–49] Secretary. Commission with the notice required by
[FR Doc. 2016–13211 Filed 6–3–16; 8:45 am] Rule 19b–4(f)(6)(iii) under the Act.6 The
Self-Regulatory Organizations; NYSE proposed rule change is available on the
MKT LLC; Notice of Designation of a BILLING CODE 8011–01–P
Exchange’s Web site at www.nyse.com,
Longer Period for Commission Action at the principal office of the Exchange,
on a Proposed Rule Change Amending
the Definition of ‘‘Block’’ for Purposes 1 15 U.S.C. 78s(b)(1).
of Rule 72(d)—Equities and the Size of 2 15 U.S.C. 78a.
a Proposed Cross Transaction Eligible 3 17 CFR 240.19b–4.
sradovich on DSK3TPTVN1PROD with NOTICES

for the Cross Function in Rule 76— 4 17 CFR 242.608.
1 15 U.S.C. 78s(b)(1).
Equities 5 See, Securities Exchange Act Release No. 76229
2 17 CFR 240.19b–4. (October 22, 2015), 80 FR 66065 (October 28, 2015)
May 31, 2016. 3 See Securities Exchange Act Release No. 77734 (SR–NYSE–2015–46), as amended by Partial
Amendments No. 1 and No. 2 to the Quoting &
On April 22, 2016, NYSE MKT LLC (Apr. 27, 2016), 81 FR 26598.
Trading Rules Proposal. See, Securities Exchange
(‘‘Exchange’’ or ‘‘NYSE MKT’’) filed 4 15 U.S.C. 78s(b)(2).
Act Release No. 77703 (April 25, 2016), 81 FR
5 15 U.S.C. 78s(b)(2).
25725 (April 29, 2016) (SR–NYSE–2015–46).
51 17 CFR 200.30–3(a)(12). 6 17 CFR 200.30–3(a)(31). 6 17 CFR 240.19b–4(f)(6)(iii).

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Document Created: 2016-06-04 00:16:48
Document Modified: 2016-06-04 00:16:48

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 36367