81_FR_59420 81 FR 59253 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to BZX Rule 14.11(i), Managed Fund Shares, To List and Trade Shares of the ProShares Crude Oil Strategy ETF

81 FR 59253 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to BZX Rule 14.11(i), Managed Fund Shares, To List and Trade Shares of the ProShares Crude Oil Strategy ETF

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 167 (August 29, 2016)

Page Range59253-59253
FR Document2016-20574

Federal Register, Volume 81 Issue 167 (Monday, August 29, 2016)
[Federal Register Volume 81, Number 167 (Monday, August 29, 2016)]
[Notices]
[Page 59253]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-20574]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78643; File No. SR-BatsBZX-2016-34]


Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change to BZX Rule 14.11(i), Managed Fund Shares, To List and Trade 
Shares of the ProShares Crude Oil Strategy ETF

August 23, 2016.
    On July 1, 2016, Bats BZX Exchange, Inc. (``BZX'') 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 ProShares Crude Oil Strategy ETF, a series of ProShares 
Trust, under Rule 14.11(i). The proposed rule change was published for 
comment in the Federal Register on July 21, 2016.\3\ The Commission has 
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. 78346 (July 15, 
2016), 81 FR 47475.
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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 
Commission is extending this 45-day time period. 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.
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    \4\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates October 19, 2016, as the date by which the 
Commission shall either approve or disapprove or institute proceedings 
to determine whether to disapprove the proposed rule change (File 
Number SR-BatsBZX-2016-34).
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    \5\ Id.

    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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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-20574 Filed 8-26-16; 8:45 am]
 BILLING CODE 8011-01-P



                                                                               Federal Register / Vol. 81, No. 167 / Monday, August 29, 2016 / Notices                                                   59253

                                                  Mierzwa, Railroad Retirement Board,                       An agency may not conduct or                        disapproved. The Commission is
                                                  844 North Rush Street, Chicago, Illinois                sponsor, and a person is not required to              extending this 45-day time period. The
                                                  60611–2092 or emailed to                                respond to, a collection of information               Commission finds that it is appropriate
                                                  Charles.Mierzwa@RRB.GOV. Written                        unless it displays a currently valid                  to designate a longer period within
                                                  comments should be received within 60                   control number.                                       which to take action on the proposed
                                                  days of this notice.                                      Please direct your written comments                 rule change so that it has sufficient time
                                                                                                          to Pamela Dyson, Director/Chief                       to consider the proposed rule change.
                                                  Charles Mierzwa,                                        Information Officer, Securities and                     Accordingly, the Commission,
                                                  Chief of Information Resources Management.              Exchange Commission, c/o Remi Pavlik-                 pursuant to Section 19(b)(2) of the Act,5
                                                  [FR Doc. 2016–20675 Filed 8–26–16; 8:45 am]             Simon, 100 F Street NE., Washington,                  designates October 19, 2016, as the date
                                                  BILLING CODE 7905–01–P                                  DC 20549; or send an email to: PRA_                   by which the Commission shall either
                                                                                                          Mailbox@sec.gov.                                      approve or disapprove or institute
                                                                                                            Dated: August 23, 2016.                             proceedings to determine whether to
                                                  SECURITIES AND EXCHANGE                                 Robert W. Errett,                                     disapprove the proposed rule change
                                                  COMMISSION                                              Deputy Secretary.                                     (File Number SR–BatsBZX–2016–34).
                                                  Proposed Collection; Comment                            [FR Doc. 2016–20570 Filed 8–26–16; 8:45 am]             For the Commission, by the Division of
                                                                                                          BILLING CODE 8011–01–P                                Trading and Markets, pursuant to delegated
                                                  Request                                                                                                       authority.6
                                                                                                                                                                Robert W. Errett,
                                                  Upon Written Request Copies Available
                                                   From: Securities and Exchange                          SECURITIES AND EXCHANGE                               Deputy Secretary.
                                                                                                          COMMISSION                                            [FR Doc. 2016–20574 Filed 8–26–16; 8:45 am]
                                                   Commission, Office of FOIA Services,
                                                   100 F Street NE., Washington, DC                       [Release No. 34–78643; File No. SR–                   BILLING CODE 8011–01–P
                                                   20549–2736                                             BatsBZX–2016–34]
                                                  Extension: Regulation S                                 Self-Regulatory Organizations; Bats                   SECURITIES AND EXCHANGE
                                                    SEC File No. 270–315, OMB Control No.
                                                                                                          BZX Exchange, Inc.; Notice of                         COMMISSION
                                                      3235–0357
                                                                                                          Designation of a Longer Period for
                                                     Notice is hereby given that, pursuant                                                                      [Release No. 34–78642; File No. SR–
                                                                                                          Commission Action on Proposed Rule                    NASDAQ–2016–071]
                                                  to the Paperwork Reduction Act of 1995                  Change to BZX Rule 14.11(i), Managed
                                                  (44 U.S.C. 3501 et seq.), the Securities                Fund Shares, To List and Trade Shares                 Self-Regulatory Organizations; The
                                                  and Exchange Commission                                 of the ProShares Crude Oil Strategy                   NASDAQ Stock Market LLC; Order
                                                  (‘‘Commission’’) is soliciting comments                 ETF                                                   Approving a Proposed Rule Change,
                                                  on the collection of information                                                                              as Modified by Amendment No. 1, To
                                                  summarized below. The Commission                        August 23, 2016.
                                                                                                             On July 1, 2016, Bats BZX Exchange,                List and Trade Shares of the First Trust
                                                  plans to submit this existing collection                                                                      CEF Income Opportunity ETF and the
                                                  of information to the Office of                         Inc. (‘‘BZX’’) filed with the Securities
                                                                                                          and Exchange Commission                               First Trust Municipal CEF Income
                                                  Management and Budget for extension                                                                           Opportunity ETF
                                                  and approval.                                           (‘‘Commission’’), pursuant to Section
                                                     Regulation S (17 CFR 230.901 through                 19(b)(1) of the Securities Exchange Act               August 23, 2016.
                                                  230.905) sets forth rules governing offers              of 1934 (‘‘Act’’) 1 and Rule 19b–4
                                                                                                          thereunder,2 a proposed rule change to                I. Introduction
                                                  and sales of securities made outside the
                                                  United States without registration under                list and trade shares of the ProShares                   On May 10, 2016, The NASDAQ
                                                  the Securities Act of 1933 (15 U.S.C. 77a               Crude Oil Strategy ETF, a series of                   Stock Market LLC (‘‘Nasdaq’’ or
                                                  et seq.). Regulation S clarifies the extent             ProShares Trust, under Rule 14.11(i).                 ‘‘Exchange’’) filed with the Securities
                                                  to which Section 5 of the Securities Act                The proposed rule change was                          and Exchange Commission
                                                  applies to offers and sales of securities               published for comment in the Federal                  (‘‘Commission’’), pursuant to Section
                                                  outside of the United States. Regulation                Register on July 21, 2016.3 The                       19(b)(1) of the Securities Exchange Act
                                                  S is assigned one burden hour for                       Commission has received no comment                    of 1934 (‘‘Exchange Act’’),1 and Rule
                                                  administrative convenience.                             letters on the proposed rule change.                  19b–4 thereunder,2 a proposed rule
                                                     Written comments are invited on: (a)                    Section 19(b)(2) of the Act 4 provides             change to list and trade shares
                                                  Whether this collection of information                  that, within 45 days of the publication               (‘‘Shares’’) of the First Trust CEF Income
                                                  is necessary for the proper performance                 of notice of the filing of a proposed rule            Opportunity ETF (‘‘CEF Income
                                                  of the functions of the agency, including               change, or within such longer period up               Opportunity Fund’’) and First Trust
                                                  whether the information will have                       to 90 days as the Commission may                      Municipal CEF Income Opportunity
                                                  practical utility; (b) the accuracy of the              designate if it finds such longer period              ETF (‘‘Municipal CEF Income
                                                  agency’s estimate of the burden imposed                 to be appropriate and publishes its                   Opportunity Fund’’ and collectively,
                                                  by the collection of information; (c)                   reasons for so finding or as to which the             ‘‘Funds’’) under Nasdaq Rule 5735. On
                                                  ways to enhance the quality, utility, and               self-regulatory organization consents,                May 20, 2016, the Exchange submitted
                                                  clarity of the information collected; and               the Commission shall either approve the               Amendment No. 1 to the proposed rule
                                                  (d) ways to minimize the burden of the                  proposed rule change, disapprove the                  change.3 The Commission published
                                                  collection of information on                            proposed rule change, or institute                    notice of the proposed rule change, as
jstallworth on DSK7TPTVN1PROD with NOTICES




                                                  respondents, including through the use                  proceedings to determine whether the
                                                  of automated collection techniques or                   proposed rule change should be                          5 Id.
                                                                                                                                                                  6 17 CFR 200.30–3(a)(31).
                                                  other forms of information technology.                    1 15  U.S.C. 78s(b)(1).                               1 15 U.S.C. 78s(b)(1).
                                                  Consideration will be given to                             2 17 CFR 240.19b–4.                                  2 17 CFR 240.19b–4.
                                                  comments and suggestions submitted in                      3 See Securities Exchange Act Release No. 78346      3 Amendment No. 1 is available at https://www.
                                                  writing within 60 days of this                          (July 15, 2016), 81 FR 47475.                         sec.gov/comments/sr-nasdaq-2016-71/nasdaq
                                                  publication.                                               4 15 U.S.C. 78s(b)(2).                             2016071-2.pdf.



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Document Created: 2016-08-26 23:50:02
Document Modified: 2016-08-26 23:50:02
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 59253 

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