81 FR 42766 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change for a Temporary Suspension of Those Aspects of Rules 36.20 and 36.21 That Would Not Permit Floor Brokers To Use Personal Portable Phone Devices on the Trading Floor Due to the Unavailability of Floor Broker Telephone Services
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 126 (June 30, 2016)
Federal Register Volume 81, Issue 126 (June 30, 2016)
| Page Range | 42766-42768 | |
| FR Document | 2016-15499 |
[Federal Register Volume 81, Number 126 (Thursday, June 30, 2016)] [Notices] [Pages 42766-42768] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-15499] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-78154; File No. SR-NYSE-2016-46] Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change for a Temporary Suspension of Those Aspects of Rules 36.20 and 36.21 That Would Not Permit Floor Brokers To Use Personal Portable Phone Devices on the Trading Floor Due to the Unavailability of Floor Broker Telephone Services June 24, 2016. Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given that on June 24, 2016, New York Stock Exchange LLC (``NYSE'' or the ``Exchange'') filed with the Securities and Exchange Commission (the ``Commission'') the proposed rule change as described in Items I and II below, which Items have been prepared by the self-regulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 15 U.S.C. 78a. \3\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes a temporary suspension of those aspects of Rules 36.20 and 36.21 that would not permit Floor brokers to use personal portable phone devices on the Trading Floor due to the unavailability of Floor broker telephone services on June 24, 2016. The proposed rule change is available on the Exchange's Web site at www.nyse.com, at the principal office of the Exchange, and at the Commission's Public Reference Room. II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the self-regulatory organization included statements concerning the purpose of, and basis for, the proposed rule change and discussed any comments it received on the proposed rule change. The text of those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to temporarily suspend those aspects of Rules 36.20 and 36.21 that would not permit Floor brokers to use personal portable phone devices on the Trading Floor.\4\ As proposed, all other aspects of Rule 36 remain applicable and the temporary suspensions of the applicable Rule 36 requirements are in effect on June 24, 2016 only.\5\ --------------------------------------------------------------------------- \4\ Pursuant to Rule 6A, the Trading Floor is defined as the restricted-access physical areas designated by the Exchange for the trading of securities. \5\ The Exchange provided Floor brokers with notice of this rule filing, including the applicable recordkeeping and other requirements related to using personal cell phones during the temporary suspension of Rule 36. --------------------------------------------------------------------------- On June 24, 2016, the third-party carrier that provides service for the wired phone lines for Floor brokers experienced an issue that affected the availability of those phone lines. This suspension of service only impacted the service for telephone service for Floor brokers and did not impact phone service for Designated Market Makers. The Exchange is working closely with the third-party carrier to restore such phone service. Rules 36.20 and 36.21 govern the type of telephone communications that are approved for Floor brokers. Pursuant to Rule 36.20, Floor brokers may maintain a telephone line on the Trading Floor and use Exchange authorized and provided portable phones while on the Trading Floor. The use of such Exchange authorized and provided portable phones is governed by Rule 36.21. Because of the issues with the third-party carrier, Floor brokers are unable to reach their customers via their third-party carrier wired telephone lines. While Exchange-provided portable phones are operating, not all Floor brokers have Exchange- provided and authorized portable phones. However, the personal cell phones of Floor brokers are operational on the Trading Floor. The Exchange believes that because communications with customers is a vital part of a Floor broker's role as agent and therefore contributes to maintaining a fair and orderly market, during the period when the phone lines are non-operational, Floor brokers who do not have Exchange authorized and provided portable phones should be permitted to [[Page 42767]] use personal cell phone devices in lieu of the non-operational wired phone lines.\6\ --------------------------------------------------------------------------- \6\ To the extent that the wired phone lines are operational, Floor brokers must use those phone lines rather than use a personal cell phone. --------------------------------------------------------------------------- The Exchange therefore proposes to temporarily suspend the limitations in Rules 36.20 and 36.21 that permit Floor brokers to use only Exchange authorized and provided portable phones so that Floor brokers who do not have an Exchange authorized and portable phone may use personal cell phones on the Trading Floor. The Exchange proposes that pursuant to this temporary suspension, Floor brokers must provide the Exchange with the names of all Floor-based personnel who used personal portable phones during this temporary suspension period, together with the phone number and applicable carrier for each number. Floor broker member organizations must maintain in their books and records all cell phone records that show both incoming and outgoing calls that were made during the period that a personal portable phone was used on the Trading Floor. To the extent the records are unavailable from the third-party carrier, the Floor brokers must maintain contemporaneous records of all calls made or received on a personal portable phone while on the Trading Floor. As with all member organization records, such cell phone records must be provided to Exchange regulatory staff on request. 2. Statutory Basis The Exchange believes that the proposed rule change is consistent with Section 6(b) of the Act,\7\ in general, and furthers the objectives of Section 6(b)(5) of the Act,\8\ in particular, in that it is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to foster cooperation and coordination with persons engaged in facilitating transactions in securities, and to remove impediments to and perfect the mechanism of a free and open market and a national market system. --------------------------------------------------------------------------- \7\ 15 U.S.C. 78f(b). \8\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- In particular, because of issues experienced by a third-party phone carrier, wired phone lines are not functional. The Exchange believes that the proposed temporary suspensions from those aspects of Rule 36 that restrict Floor broker's use of personal portable phones on the Trading Floor removes impediments to and perfects the mechanism of a free and open market and national market system because the proposed relief will enable Floor brokers who do not have an Exchange authorized and provided portable phone to conduct their regular business, notwithstanding the ongoing issues with telephone service. The Exchange further believes that without the requested relief, Floor brokers would be compromised in their ability to conduct their regular course of business on the Trading Floor. In particular, for Floor brokers, because they operate as agents for customers, their inability to communicate with customers could compromise their ability to represent public orders on the Trading Floor. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Act. The Exchange does not believe that the proposed rule change will impose any burden on competition because the proposed change only impacts Floor brokers and has no change in operations for other market participants or other market centers. To the contrary, the Exchange believes that without the proposed relief, Floor brokers would be compromised in their ability to conduct their regular course of business on the Trading Floor, thereby placing a burden on the Floor brokers' ability to compete. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were solicited or received with respect to the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The Exchange has filed the proposed rule change pursuant to Section 19(b)(3)(A)(iii) of the Act \9\ and Rule 19b-4(f)(6) thereunder.\10\ Because the proposed rule change does not: (i) Significantly affect the protection of investors or the public interest; (ii) impose any significant burden on competition; and (iii) become operative prior to 30 days from the date on which it was filed, or such shorter time as the Commission may designate, if consistent with the protection of investors and the public interest, the proposed rule change has become effective pursuant to Section 19(b)(3)(A) of the Act and Rule 19b- 4(f)(6)(iii) thereunder.\11\ --------------------------------------------------------------------------- \9\ 15 U.S.C. 78s(b)(3)(A)(iii). \10\ 17 CFR 240.19b-4(f)(6). \11\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6) requires a self-regulatory organization to give the Commission written notice of its intent to file the proposed rule change, along with a brief description and text of the proposed rule change, at least five business days prior to the date of filing of the proposed rule change, or such shorter time as designated by the Commission. The Commission has determined to waive the five-day prefiling period in this case. --------------------------------------------------------------------------- A proposed rule change filed under Rule 19b-4(f)(6) under the Act \12\ normally does not become operative prior to 30 days after the date of the filing. However, pursuant to Rule 19b-4(f)(6)(iii),\13\ the Commission may designate a shorter time if such action is consistent with the protection of investors and the public interest. The Exchange has asked the Commission to waive the 30-day operative delay so that the proposal may become operative immediately upon filing. In support of the request, the Exchange states that waiver the 30-day operative delay will allow the Exchange to invoke the relief immediately upon filing, which is necessary so that Floor brokers may be able to communicate with their customers on a day with significantly increased volumes of trading due both to the United Kingdom referendum vote to leave the European Union and the rebalancing of the Russell Investment Group indices after the close of trading on June 24, 2016. Based on the above, the Commission believes that waiver of the 30-day operative delay is consistent with the protection of investors and the public interest because it will permit Floor brokers to remain in communication with customers while wired phone lines are unavailable. Accordingly, the Commission designates the proposed rule change as operative upon filing with the Commission.\14\ --------------------------------------------------------------------------- \12\ 17 CFR 240.19b-4(f)(6). \13\ 17 CFR 240.19b-4(f)(6)(iii). \14\ For purposes only of waiving the 30-day operative delay, the Commission has considered the proposed rule's impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). --------------------------------------------------------------------------- At any time within 60 days of the filing of such proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings under Section 19(b)(2)(B) \15\ of the Act to determine whether the proposed rule [[Page 42768]] change should be approved or disapproved. --------------------------------------------------------------------------- \15\ 15 U.S.C. 78s(b)(2)(B). --------------------------------------------------------------------------- IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: Electronic CommentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number SR-NYSE-2016-46 on the subject line. Paper Comments Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number SR-NYSE-2016-46. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's Internet Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission's Public Reference Room, 100 F Street NE., Washington, DC 20549 on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-NYSE-2016-46 and should be submitted on or before July 21, 2016. --------------------------------------------------------------------------- \16\ 17 CFR 200.30-3(a)(12). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\16\ Jill M. Peterson, Assistant Secretary. [FR Doc. 2016-15499 Filed 6-29-16; 8:45 am] BILLING CODE 8011-01-P
![42766 Federal Register / Vol. 81, No. 126 / Thursday, June 30, 2016 / Notices
improper activity in connection with SECURITIES AND EXCHANGE of the most significant parts of such
Equity Investment Tracking Stocks, help COMMISSION statements.
assure compliance with the proposed A. Self-Regulatory Organization’s
listing standards, and identify areas [Release No. 34–78154; File No. SR–NYSE– Statement of the Purpose of, and the
where such standards might need to be 2016–46]
Statutory Basis for, the Proposed Rule
strengthened going forward. Change
Self-Regulatory Organizations; New
With respect to the proposed fees, the York Stock Exchange LLC; Notice of 1. Purpose
Commission believes it is consistent Filing and Immediate Effectiveness of
with the Act for the Exchange to The Exchange proposes to temporarily
Proposed Rule Change for a suspend those aspects of Rules 36.20
exclude issuers whose only common Temporary Suspension of Those and 36.21 that would not permit Floor
equity security listed on the Exchange is Aspects of Rules 36.20 and 36.21 That brokers to use personal portable phone
an Equity Investment Tracking Stock Would Not Permit Floor Brokers To devices on the Trading Floor.4 As
from receiving the complimentary Use Personal Portable Phone Devices proposed, all other aspects of Rule 36
products and services provided for on the Trading Floor Due to the remain applicable and the temporary
under Section 907.00 of the Manual. Unavailability of Floor Broker suspensions of the applicable Rule 36
The Exchange stated that most of the Telephone Services requirements are in effect on June 24,
services provided under Section 907.00 2016 only.5
June 24, 2016.
would be of limited value and appeal to On June 24, 2016, the third-party
Pursuant to Section 19(b)(1) 1 of the
issuers of Equity Investment Tracking carrier that provides service for the
Securities Exchange Act of 1934 (the
Stocks. wired phone lines for Floor brokers
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
Finally, the Commission believes that experienced an issue that affected the
notice is hereby given that on June 24,
the proposed listing and annual fees for availability of those phone lines. This
2016, New York Stock Exchange LLC
Equity Investment Tracking Stocks are suspension of service only impacted the
(‘‘NYSE’’ or the ‘‘Exchange’’) filed with
service for telephone service for Floor
an equitable allocation of reasonable the Securities and Exchange
brokers and did not impact phone
fees. The Exchange stated that it is Commission (the ‘‘Commission’’) the
service for Designated Market Makers.
appropriate to charge lower fees to proposed rule change as described in
The Exchange is working closely with
issuers whose only common equity Items I and II below, which Items have
the third-party carrier to restore such
security listed on the Exchange is an been prepared by the self-regulatory
phone service.
Equity Investment Tracking Stock organization. The Commission is Rules 36.20 and 36.21 govern the type
because there are regulatory efficiencies publishing this notice to solicit of telephone communications that are
for the Exchange when the issuer of an comments on the proposed rule change approved for Floor brokers. Pursuant to
Equity Investment Tracking Stock and from interested persons. Rule 36.20, Floor brokers may maintain
the issuer of the tracked stock are both I. Self-Regulatory Organization’s a telephone line on the Trading Floor
listed on the Exchange. The Exchange Statement of the Terms of Substance of and use Exchange authorized and
represented that it does not believe that the Proposed Rule Change provided portable phones while on the
the proposed fees would negatively Trading Floor. The use of such
The Exchange proposes a temporary Exchange authorized and provided
affect its ability to continue to suspension of those aspects of Rules
adequately fund its regulatory program portable phones is governed by Rule
36.20 and 36.21 that would not permit 36.21. Because of the issues with the
or the services the Exchange provides to Floor brokers to use personal portable
issuers. According to the Exchange, third-party carrier, Floor brokers are
phone devices on the Trading Floor due unable to reach their customers via their
these lower fees also reflect the fact that to the unavailability of Floor broker third-party carrier wired telephone
issuers whose only listed security is an telephone services on June 24, 2016. lines. While Exchange-provided
Equity Investment Tracking Stock will The proposed rule change is available portable phones are operating, not all
not receive the complimentary products on the Exchange’s Web site at Floor brokers have Exchange-provided
and services that other listed issuers of www.nyse.com, at the principal office of and authorized portable phones.
equity securities are eligible for under the Exchange, and at the Commission’s However, the personal cell phones of
Section 907.00 of the Manual. Public Reference Room. Floor brokers are operational on the
IV. Conclusion II. Self-Regulatory Organization’s Trading Floor. The Exchange believes
Statement of the Purpose of, and that because communications with
It is therefore ordered, pursuant to Statutory Basis for, the Proposed Rule customers is a vital part of a Floor
Section 19(b)(2) of the Act,39 that the Change broker’s role as agent and therefore
proposed rule change (SR–NYSE–2016– contributes to maintaining a fair and
In its filing with the Commission, the orderly market, during the period when
22), as modified by Amendment Nos. 5
self-regulatory organization included the phone lines are non-operational,
and 6, be, and it hereby is, approved. statements concerning the purpose of, Floor brokers who do not have
For the Commission, by the Division of and basis for, the proposed rule change Exchange authorized and provided
Trading and Markets, pursuant to delegated and discussed any comments it received portable phones should be permitted to
authority.40 on the proposed rule change. The text
mstockstill on DSK3G9T082PROD with NOTICES
Brent J. Fields, of those statements may be examined at 4 Pursuant to Rule 6A, the Trading Floor is
Secretary. the places specified in Item IV below. defined as the restricted-access physical areas
[FR Doc. 2016–15457 Filed 6–29–16; 8:45 am]
The Exchange has prepared summaries, designated by the Exchange for the trading of
set forth in sections A, B, and C below, securities.
BILLING CODE 8011–01–P 5 The Exchange provided Floor brokers with
notice of this rule filing, including the applicable
1 15 U.S.C. 78s(b)(1). recordkeeping and other requirements related to
39 15 U.S.C. 78s(b)(2). 2 15 U.S.C. 78a. using personal cell phones during the temporary
40 17 CFR 200.30–3(a)(12). 3 17 CFR 240.19b–4. suspension of Rule 36.
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![42768 Federal Register / Vol. 81, No. 126 / Thursday, June 30, 2016 / Notices
change should be approved or For the Commission, by the Division of forth in sections A, B, and C below, of
disapproved. Trading and Markets, pursuant to delegated the most significant aspects of such
authority.16 statements.
IV. Solicitation of Comments Jill M. Peterson,
Assistant Secretary.
A. Self-Regulatory Organization’s
Interested persons are invited to Statement of the Purpose of, and
submit written data, views, and [FR Doc. 2016–15499 Filed 6–29–16; 8:45 am]
Statutory Basis for, the Proposed Rule
arguments concerning the foregoing, BILLING CODE 8011–01–P
Change
including whether the proposed rule
change is consistent with the Act. 1. Purpose
Comments may be submitted by any of SECURITIES AND EXCHANGE The Exchange proposes to list and
the following methods: COMMISSION trade the Shares of the Fund under
[Release No. 34–78150; File No. SR– Nasdaq Rule 5735, which governs the
Electronic Comments NASDAQ–2016–086] listing and trading of Managed Fund
Shares 3 on the Exchange.4 The Fund
• Use the Commission’s Internet Self-Regulatory Organizations; The will be an actively managed exchange-
comment form (http://www.sec.gov/ NASDAQ Stock Market LLC; Notice of traded fund (‘‘ETF’’). The Shares will be
rules/sro.shtml); or Filing of Proposed Rule Change to List offered by the Trust, which was
• Send an email to rule-comments@ and Trade the Shares of the VanEck organized as a Delaware statutory trust
sec.gov. Please include File Number SR– Vectors Long/Flat Commodity ETF on March 15, 2001.5 The Trust is
NYSE–2016–46 on the subject line. registered with the Commission as an
June 24, 2016.
investment company and has filed a
Paper Comments Pursuant to Section 19(b)(1) of the registration statement on Form N–1A
Securities Exchange Act of 1934
• Send paper comments in triplicate (‘‘Act’’),1 and Rule 19b–4 thereunder,2
(‘‘Registration Statement’’) with the
to Secretary, Securities and Exchange Commission.6 The Fund is a series of
notice is hereby given that on June 10, the Trust.
Commission, 100 F Street NE., 2016, The NASDAQ Stock Market LLC
Washington, DC 20549–1090. Van Eck Absolute Return Advisers
(‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the Corporation will be the investment
All submissions should refer to File Securities and Exchange Commission adviser (‘‘Adviser’’) and the
Number SR–NYSE–2016–46. This file (‘‘SEC’’ or ‘‘Commission’’) the proposed
number should be included on the rule change as described in Items I and 3 A Managed Fund Share is a security that
subject line if email is used. To help the II below, which Items have been represents an interest in an investment company
prepared by the Exchange. The registered under the Investment Company Act of
Commission process and review your 1940 (15 U.S.C. 80a–1) (the ‘‘1940 Act’’) organized
comments more efficiently, please use Commission is publishing this notice to as an open-end investment company or similar
only one method. The Commission will solicit comments on the proposed rule entity that invests in a portfolio of securities
post all comments on the Commission’s change from interested persons. selected by its investment adviser consistent with
its investment objectives and policies. In contrast,
Internet Web site (http://www.sec.gov/ I. Self-Regulatory Organization’s an open-end investment company that issues Index
rules/sro.shtml). Copies of the Statement of the Terms of Substance of Fund Shares, listed and traded on the Exchange
submission, all subsequent under Nasdaq Rule 5705, seeks to provide
the Proposed Rule Change investment results that correspond generally to the
amendments, all written statements
with respect to the proposed rule The Exchange proposes to list and price and yield performance of a specific foreign or
domestic stock index, fixed income securities index
trade the shares of the VanEck Vectors
change that are filed with the or combination thereof.
Long/Flat Commodity ETF (the
Commission, and all written 4 The Commission approved Nasdaq Rule 5735 in
‘‘Fund’’), a series of VanEck Vectors ETF Securities Exchange Act Release No. 57962 (June
communications relating to the
Trust (‘‘Trust’’), under Nasdaq Rule 13, 2008), 73 FR 35175 (June 20, 2008) (SR–
proposed rule change between the NASDAQ–2008–039). The Fund would not be the
5735 (‘‘Managed Fund Shares’’). The
Commission and any person, other than first actively-managed fund listed on the Exchange;
shares of the Fund are collectively see Securities Exchange Act Release No. 66489
those that may be withheld from the
referred to herein as the ‘‘Shares.’’ (February 29, 2012), 77 FR 13379 (March 6, 2012)
public in accordance with the The text of the proposed rule change (SR–NASDAQ–2012–004) (order approving listing
provisions of 5 U.S.C. 552, will be is available at http:// and trading of WisdomTree Emerging Markets
available for Web site viewing and nasdaq.cchwallstreet.com/, at Nasdaq’s
Corporate Bond Fund). The Exchange believes the
printing in the Commission’s Public proposed rule change raises no significant issues
principal office, and at the not previously addressed in those prior
Reference Room, 100 F Street NE., Commission’s Public Reference Room. Commission orders.
Washington, DC 20549 on official 5 The Commission has issued an order granting
business days between the hours of II. Self-Regulatory Organization’s certain exemptive relief to the Trust under the 1940
10:00 a.m. and 3:00 p.m. Copies of the Statement of the Purpose of, and Act (the ‘‘Exemptive Order’’). See Investment
Company Act Release No. 29571 (January 24, 2011)
filing also will be available for Statutory Basis for, the Proposed Rule (File No. 812–13601). In compliance with Nasdaq
inspection and copying at the principal Change Rule 5735(b)(5), which applies to Managed Fund
office of the Exchange. All comments In its filing with the Commission, the Shares based on an international or global portfolio,
received will be posted without change; the Trust’s application for exemptive relief under
Exchange included statements the 1940 Act states that the Fund will comply with
the Commission does not edit personal concerning the purpose of and basis for the federal securities laws in accepting securities
identifying information from the proposed rule change and discussed for deposits and satisfying redemptions with
submissions. You should submit only redemption securities, including that the securities
mstockstill on DSK3G9T082PROD with NOTICES
any comments it received on the accepted for deposits and the securities used to
information that you wish to make proposed rule change. The text of these satisfy redemption requests are sold in transactions
available publicly. All submissions statements may be examined at the that would be exempt from registration under the
should refer to File Number SR–NYSE– places specified in Item IV below. The Securities Act of 1933 (15 U.S.C. 77a).
2016–46 and should be submitted on or Exchange has prepared summaries, set
6 See Registration Statement on Form N–1A for
before July 21, 2016. the Trust, dated November 12, 2015 (File Nos. 333–
123257 and 811–10325). The descriptions of the
1 15 U.S.C. 78s(b)(1). Fund and the Shares contained herein are based, in
16 17 CFR 200.30–3(a)(12). 2 17 CFR 240.19b–4. part, on information in the Registration Statement.
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Document Created: 2018-02-08 07:44:54
Document Modified: 2018-02-08 07:44:54
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| Section | Notices | |
| FR Citation | 81 FR 42766 |
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