81_FR_62372 81 FR 62198 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Withdrawal of a Proposed Rule Change To List and Trade Shares of the Natixis Seeyond International Minimum Volatility ETF Under NYSE Arca Equities Rule 8.600

81 FR 62198 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Withdrawal of a Proposed Rule Change To List and Trade Shares of the Natixis Seeyond International Minimum Volatility ETF Under NYSE Arca Equities Rule 8.600

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 174 (September 8, 2016)

Page Range62198-62198
FR Document2016-21641

Federal Register, Volume 81 Issue 174 (Thursday, September 8, 2016) 
[Federal Register Volume 81, Number 174 (Thursday, September 8, 2016)]
[Notices]
[Page 62198]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-21641]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78758; File no. SR-NYSEArca-2016-67]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Withdrawal of a Proposed Rule Change To List and Trade Shares of the 
Natixis Seeyond International Minimum Volatility ETF Under NYSE Arca 
Equities Rule 8.600

September 2, 2016.
    On May 5, 2016, NYSE Arca, Inc. (``Exchange'' or ``NYSE Arca'') 
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 (``Shares'') of the Natixis Seeyond International 
Minimum Volatility ETF (``Fund'') under NYSE Arca Equities Rule 8.600. 
The proposed rule change was published for comment in the Federal 
Register on May 25, 2016.\3\ On June 13, 2016, the Exchange filed 
Amendment No. 1 to the proposed rule change, which replaced and 
superseded its entirety the proposed rule change as originally 
filed.\4\ On June 22, 2016, the Exchange filed Amendment No. 2 to the 
proposed rule change.\5\ On July 1, 2016, the Exchange filed Amendment 
No. 3 to the proposed rule change, which replaced and superseded the 
proposed rule change as modified by Amendments No. 1 and No. 2.\6\ The 
Commission has received no comments on the proposed rule change. On 
June 30, 2016, pursuant to Section 19(b)(2) of the Act,\7\ the 
Commission designated a longer period within which to approve the 
proposed rule change, disapprove the proposed rule change, or institute 
proceedings to determine whether to disapprove the proposed rule 
change.\8\ On August 22, 2016, pursuant to Section 19(b)(2)(B) of the 
Act \9\, the Commission instituted proceedings to determine whether to 
approve or disapprove the proposed rule change, as modified by 
Amendment No. 3.\10\
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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. 77861 (May 19, 
2016), 81 FR 33291.
    \4\ In Amendment No. 1, the Exchange: (1) Narrows the universe 
of investments that may be held by the Fund; (2) offers color 
regarding types of corporate bonds of foreign issuers that the Fund 
would ordinarily hold; (3) clarifies potentially ambiguous language 
in the filing.
    \5\ In Amendment No. 2, the Exchange proposes standards for the 
corporate bonds of foreign issuers that may be held by the Fund and 
clarifies how spot foreign currency transactions would be priced for 
purposes of calculating the net asset value of the Fund.
    \6\ In Amendment No. 3, the Exchange revises the standards for 
the Fund's investment in non-U.S. equity securities. Amendments No. 
1, No. 2, and No. 3 are available at: http://www.sec.gov/comments/sr-nysearca-2016-67/nysearca201667.shtml.
    \7\ 15 U.S.C. 78s(b)(2).
    \8\ See Securities Exchange Act Release No. 78204, 81 FR 44393 
(July 7, 2016). The Commission designated a longer period within 
which to take action on the proposed rule change and designated 
August 23, 2016, as the date by which it should approve, disapprove, 
or institute proceedings to determine whether to disapprove the 
proposed rule change.
    \9\ 15 U.S.C. 78s(b)(2)(B).
    \10\ See Securities Exchange Act Release No. 78627, 81 FR 59002 
(August 26, 2016).
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    On August 31, 2016, the Exchange withdrew the proposed rule change 
(SR-NYSEArca-2016-67).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
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    \11\ 17 CFR 200.30-3(a)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2016-21641 Filed 9-7-16; 8:45 am]
 BILLING CODE 8011-01-P

62198 Federal Register / Vol. 81, No. 174 / Thursday, September 8, 2016 / Notices V. Accelerated Approval of Proposed SECURITIES AND EXCHANGE disapprove the proposed rule change.8 Rule Change, as Modified by COMMISSION On August 22, 2016, pursuant to Section Amendment No. 1 19(b)(2)(B) of the Act 9, the Commission [Release No. 34–78758; File no. SR– instituted proceedings to determine The Commission finds good cause to whether to approve or disapprove the approve the proposed rule change, as NYSEArca–2016–67] proposed rule change, as modified by modified by Amendment No. 1, prior to Amendment No. 3.10 Self-Regulatory Organizations; NYSE the thirtieth day after the date of On August 31, 2016, the Exchange Arca, Inc.; Notice of Withdrawal of a publication of notice of Amendment No. withdrew the proposed rule change Proposed Rule Change To List and 1 in the Federal Register. In (SR–NYSEArca–2016–67). Trade Shares of the Natixis Seeyond Amendment No. 1, the Exchange International Minimum Volatility ETF For the Commission, by the Division of proposes to: (1) Apply the changes in Under NYSE Arca Equities Rule 8.600 Trading and Markets, pursuant to delegated proposed Rule 11.27(c) to all Pilot authority.11 Securities; (2) clarify in Rule 11.27(c)(1) September 2, 2016. that the increment for BZX Market Brent J. Fields, On May 5, 2016, NYSE Arca, Inc. Secretary. Orders and Rule 11.27(c)(5) that the (‘‘Exchange’’ or ‘‘NYSE Arca’’) filed increment for Market Maker Peg Orders [FR Doc. 2016–21641 Filed 9–7–16; 8:45 am] with the Securities and Exchange will be at ‘‘permissible’’ increments; (3) Commission (‘‘Commission’’), pursuant BILLING CODE 8011–01–P state in Rule 11.27(c)(2) that Market to Section 19(b)(1) of the Securities Pegged Orders, Rule 11.27(c)(4) that Exchange Act of 1934 (‘‘Act’’) 1 and Rule Discretionary Orders, and Rule SECURITIES AND EXCHANGE 19b–4 thereunder,2 a proposed rule COMMISSION 11.27(c)(6) that Supplemental Peg change to list and trade shares Orders will not be accepted in Pilot (‘‘Shares’’) of the Natixis Seeyond [Release No. 34–78747; File No. SR– Securities; (4) clarify in Rule 11.27(c)(3) International Minimum Volatility ETF BatsBYX–2016–23] that Mid-Point Peg Orders may not be (‘‘Fund’’) under NYSE Arca Equities alternatively pegged to one minimum Rule 8.600. The proposed rule change Self-Regulatory Organizations; Bats price variation inside the same side of was published for comment in the BYX Exchange, Inc.; Notice of Filing the NBBO as the order; (5) delete the Federal Register on May 25, 2016.3 On and Immediate Effectiveness of a proposal to amend Non-Displayed June 13, 2016, the Exchange filed Proposed Rule Change Related to Fees Orders; and (6) clarify how orders Amendment No. 1 to the proposed rule for Use of Bats BYX Exchange, Inc. subject to Display-Price Sliding will change, which replaced and superseded operate when they are unexecutable at September 1, 2016. its entirety the proposed rule change as the locking price. Pursuant to section 19(b)(1) of the originally filed.4 On June 22, 2016, the The Commission believes that Securities Exchange Act of 1934 (the Exchange filed Amendment No. 2 to the Amendment No. 1 modifies the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 proposed rule change.5 On July 1, 2016, proposal so that it does not cause a notice is hereby given that on August the Exchange filed Amendment No. 3 to disparate impact on different Test 25, 2016, Bats BYX Exchange, Inc. (the the proposed rule change, which Groups and the Control Group. In ‘‘Exchange’’ or ‘‘BYX’’) filed with the replaced and superseded the proposed addition, the Commission notes that the Securities and Exchange Commission rule change as modified by Pilot is scheduled to start on October 3, (‘‘Commission’’) the proposed rule Amendments No. 1 and No. 2.6 The 2016, and accelerated approval would change as described in Items I, II and III Commission has received no comments ensure that the rules of the Exchange below, which Items have been prepared on the proposed rule change. On June would be in place for the start of the by the Exchange. The Exchange has 30, 2016, pursuant to Section 19(b)(2) of Pilot. Accordingly, the Commission designated the proposed rule change as the Act,7 the Commission designated a finds good cause, pursuant to section one establishing or changing a member longer period within which to approve 19(b)(2) of the Exchange Act,19 to due, fee, or other charge imposed by the the proposed rule change, disapprove approve the proposed rule change, as Exchange under section 19(b)(3)(A)(ii) the proposed rule change, or institute modified by Amendment No. 1, on an of the Act 3 and Rule 19b–4(f)(2) proceedings to determine whether to accelerated basis. thereunder,4 which renders the 1 15 proposed rule change effective upon VI. Conclusion U.S.C. 78s(b)(1). 2 17 filing with the Commission. The CFR 240.19b–4. It is therefore ordered, pursuant to 3 See Securities Exchange Act Release No. 77861 Commission is publishing this notice to section 19(b)(2) of the Exchange Act,20 (May 19, 2016), 81 FR 33291. solicit comments on the proposed rule that the proposed rule change (SR– 4 In Amendment No. 1, the Exchange: (1) Narrows change from interested persons. the universe of investments that may be held by the BatsBZX–2016–29), as modified by Fund; (2) offers color regarding types of corporate 8 See Securities Exchange Act Release No. 78204, Amendment No. 1, be and hereby is bonds of foreign issuers that the Fund would 81 FR 44393 (July 7, 2016). The Commission approved on an accelerated basis. ordinarily hold; (3) clarifies potentially ambiguous designated a longer period within which to take language in the filing. For the Commission, by the Division of 5 In Amendment No. 2, the Exchange proposes action on the proposed rule change and designated Trading and Markets, pursuant to delegated August 23, 2016, as the date by which it should standards for the corporate bonds of foreign issuers approve, disapprove, or institute proceedings to authority.21 that may be held by the Fund and clarifies how spot determine whether to disapprove the proposed rule Brent J. Fields, foreign currency transactions would be priced for change. mstockstill on DSK3G9T082PROD with NOTICES purposes of calculating the net asset value of the 9 15 U.S.C. 78s(b)(2)(B). Secretary. Fund. 10 See Securities Exchange Act Release No. 78627, [FR Doc. 2016–21648 Filed 9–7–16; 8:45 am] 6 In Amendment No. 3, the Exchange revises the 81 FR 59002 (August 26, 2016). BILLING CODE 8011–01–P standards for the Fund’s investment in non-U.S. 11 17 CFR 200.30–3(a)(12). equity securities. Amendments No. 1, No. 2, and 1 15 U.S.C. 78s(b)(1). No. 3 are available at: http://www.sec.gov/ 19 15 U.S.C. 78s(b)(2). 2 17 CFR 240.19b–4. comments/sr-nysearca-2016-67/ 20 Id. nysearca201667.shtml. 3 15 U.S.C. 78s(b)(3)(A)(ii). 21 17 CFR 200.30–3(a)(12). 7 15 U.S.C. 78s(b)(2). 4 17 CFR 240.19b–4(f)(2). VerDate Sep<11>2014 19:34 Sep 07, 2016 Jkt 238001 PO 00000 Frm 00127 Fmt 4703 Sfmt 4703 E:\FR\FM\08SEN1.SGM 08SEN1


Document Created: 2018-02-09 13:12:37
Document Modified: 2018-02-09 13:12:37
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 62198 
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