81_FR_40090 81 FR 39972 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating to the Listing and Trading of the Shares of the PowerShares Variable Rate Investment Grade Portfolio, a Series of the PowerShares Actively Managed Exchange-Traded Fund Trust

81 FR 39972 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating to the Listing and Trading of the Shares of the PowerShares Variable Rate Investment Grade Portfolio, a Series of the PowerShares Actively Managed Exchange-Traded Fund Trust

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 118 (June 20, 2016)

Page Range39972-39972
FR Document2016-14447

Federal Register, Volume 81 Issue 118 (Monday, June 20, 2016) 
[Federal Register Volume 81, Number 118 (Monday, June 20, 2016)]
[Notices]
[Page 39972]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-14447]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78063; File No. SR-NASDAQ-2016-056]


Self-Regulatory Organizations; The NASDAQ Stock Market LLC; 
Notice of Designation of a Longer Period for Commission Action on a 
Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating 
to the Listing and Trading of the Shares of the PowerShares Variable 
Rate Investment Grade Portfolio, a Series of the PowerShares Actively 
Managed Exchange-Traded Fund Trust

June 14, 2016.
    On April 13, 2016, the NASDAQ Stock Market LLC (``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 list and 
trade shares of the PowerShares Variable Rate Investment Grade 
Portfolio, a series of the PowerShares Actively Managed Exchange-Traded 
Fund Trust. The proposed rule change was published for comment in the 
Federal Register on May 2, 2016.\3\ On May 5, 2016, the Exchange filed 
Amendment No. 1 to the proposed rule change.\4\ The Commission received 
no comment letters 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. 77715 (April 26, 
2016), 81 FR 26285.
    \4\ In Amendment No. 1, the Exchange amended certain 
representations regarding the holdings of the Fund, made numerous 
technical and clarifying changes, and added where closing price 
information for certain assets held by the Fund could be found. 
Amendment No. 1 is available at: http://www.sec.gov/comments/sr-nasdaq-2016-056/nasdaq2016056-1.pdf.
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    Section 19(b)(2) of the Act \5\ 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 16, 2016. The Commission is extending this 45-day time period.
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    \5\ 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,\6\ designates July 29, 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-NASDAQ-2016-056), as modified by Amendment No. 1 thereto.
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    \6\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-14447 Filed 6-17-16; 8:45 am]
 BILLING CODE 8011-01-P

39972 Federal Register / Vol. 81, No. 118 / Monday, June 20, 2016 / Notices can be accessed through compliance SECURITIES AND EXCHANGE The Commission finds that it is with the requirements of 39 CFR COMMISSION appropriate to designate a longer period 3007.40. within which to take action on the [Release No. 34–78063; File No. SR– proposed rule change so that it has The Commission invites comments on NASDAQ–2016–056] whether the Postal Service’s request(s) sufficient time to consider the proposed in the captioned docket(s) are consistent Self-Regulatory Organizations; The rule change. Accordingly, the with the policies of title 39. For NASDAQ Stock Market LLC; Notice of Commission, pursuant to Section request(s) that the Postal Service states Designation of a Longer Period for 19(b)(2) of the Act,6 designates July 29, concern market dominant product(s), Commission Action on a Proposed 2016, as the date by which the Rule Change, as Modified by Commission should either approve or applicable statutory and regulatory Amendment No. 1 Thereto, Relating to disapprove or institute proceedings to requirements include 39 U.S.C. 3622, 39 the Listing and Trading of the Shares determine whether to disapprove the U.S.C. 3642, 39 CFR part 3010, and 39 of the PowerShares Variable Rate proposed rule change (File Number SR– CFR part 3020, subpart B. For request(s) Investment Grade Portfolio, a Series of NASDAQ–2016–056), as modified by that the Postal Service states concern Amendment No. 1 thereto. competitive product(s), applicable the PowerShares Actively Managed Exchange-Traded Fund Trust For the Commission, by the Division of statutory and regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, Trading and Markets, pursuant to delegated June 14, 2016. 39 U.S.C. 3642, 39 CFR part 3015, and authority.7 On April 13, 2016, the NASDAQ 39 CFR part 3020, subpart B. Comment Stock Market LLC (‘‘Exchange’’) filed Robert W. Errett, deadline(s) for each request appear in with the Securities and Exchange Deputy Secretary. section II. Commission (‘‘Commission’’), pursuant [FR Doc. 2016–14447 Filed 6–17–16; 8:45 am] to Section 19(b)(1) of the Securities BILLING CODE 8011–01–P II. Docketed Proceeding(s) Exchange Act of 1934 (‘‘Act’’) 1 and Rule 1. Docket No(s).: CP2016–199; Filing 19b–4 thereunder,2 a proposed rule Title: Notice of the United States Postal change to list and trade shares of the SECURITIES AND EXCHANGE Service of Filing a Functionally PowerShares Variable Rate Investment COMMISSION Equivalent Global Plus 1C Negotiated Grade Portfolio, a series of the PowerShares Actively Managed [Release No. 34–78061; File No. SR– Service Agreement and Application for Exchange-Traded Fund Trust. The BatsBZX–2016–22] Non-Public Treatment of Materials Filed proposed rule change was published for Under Seal; Filing Acceptance Date: comment in the Federal Register on Self-Regulatory Organizations; Bats June 13, 2016; Filing Authority: 39 May 2, 2016.3 On May 5, 2016, the BZX Exchange, Inc.; Notice of Filing U.S.C. 3642 and 39 CFR 3020.30–.35; Exchange filed Amendment No. 1 to the and Immediate Effectiveness of a Public Representative: Cassie D’Souza; proposed rule change.4 The Commission Proposed Rule Change Related to Fees Comments Due: June 21, 2016. received no comment letters on the as They Apply to the Equity Options 2. Docket No(s).: CP2016–200; Filing proposed rule change. Platform Title: Notice of the United States Postal Section 19(b)(2) of the Act 5 provides Service of Filing a Functionally that, within 45 days of the publication June 14, 2016. Equivalent Global Plus 1C Negotiated of notice of the filing of a proposed rule Pursuant to section 19(b)(1) of the Service Agreement and Application for change, or within such longer period up Securities Exchange Act of 1934 (the Non-Public Treatment of Materials Filed to 90 days as the Commission may ‘‘Act’’),1 and Rule 19b–4 thereunder,2 Under Seal; Filing Acceptance Date: designate if it finds such longer period notice is hereby given that on June 1, June 13, 2016; Filing Authority: 39 to be appropriate and publishes its 2016, Bats BZX Exchange, Inc. (the U.S.C. 3642 and 39 CFR 3020.30–.35; reasons for so finding or as to which the ‘‘Exchange’’ or ‘‘BZX’’) filed with the Public Representative: Curtis E. Kidd; self-regulatory organization consents, Securities and Exchange Commission Comments Due: June 21, 2016. the Commission shall either approve the (‘‘Commission’’) the proposed rule proposed rule change, disapprove the change as described in Items I, II and III 3. Docket No(s).: CP2016–201; Filing proposed rule change, or institute Title: Notice of the United States Postal below, which Items have been prepared proceedings to determine whether the by the Exchange. The Exchange has Service of Filing a Functionally proposed rule change should be designated the proposed rule change as Equivalent Global Plus 1C Negotiated disapproved. The 45th day after one establishing or changing a member Service Agreement and Application for publication of the notice for this due, fee, or other charge imposed by the Non-Public Treatment of Materials Filed proposed rule change is June 16, 2016. Exchange under section 19(b)(3)(A)(ii) Under Seal; Filing Acceptance Date: The Commission is extending this 45- of the Act 3 and Rule 19b–4(f)(2) June 13, 2016; Filing Authority: 39 day time period. thereunder,4 which renders the U.S.C. 3642 and 39 CFR 3020.30–.35; proposed rule change effective upon Public Representative: Curtis E. Kidd; 1 15 U.S.C. 78s(b)(1). filing with the Commission. The Comments Due: June 21, 2016. 2 17 CFR 240.19b–4. Commission is publishing this notice to 3 See Securities Exchange Act Release No. 77715 asabaliauskas on DSK3SPTVN1PROD with NOTICES This notice will be published in the (April 26, 2016), 81 FR 26285. solicit comments on the proposed rule Federal Register. 4 In Amendment No. 1, the Exchange amended change from interested persons. certain representations regarding the holdings of the Stacy L. Ruble, Fund, made numerous technical and clarifying 6 15 U.S.C. 78s(b)(2). Secretary. changes, and added where closing price 7 17 information for certain assets held by the Fund CFR 200.30–3(a)(31). [FR Doc. 2016–14457 Filed 6–17–16; 8:45 am] could be found. Amendment No. 1 is available at: 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. BILLING CODE 7710–FW–P http://www.sec.gov/comments/sr-nasdaq-2016-056/ nasdaq2016056-1.pdf. 3 15 U.S.C. 78s(b)(3)(A)(ii). 5 15 U.S.C. 78s(b)(2). 4 17 CFR 240.19b–4(f)(2). VerDate Sep<11>2014 17:05 Jun 17, 2016 Jkt 238001 PO 00000 Frm 00086 Fmt 4703 Sfmt 4703 E:\FR\FM\20JNN1.SGM 20JNN1


Document Created: 2016-06-18 00:09:08
Document Modified: 2016-06-18 00:09:08
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 39972 
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