81_FR_68685 81 FR 68493 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change Amending the Co-Location Services Offered by the Exchange To Add Certain Access and Connectivity Fees

81 FR 68493 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change Amending the Co-Location Services Offered by the Exchange To Add Certain Access and Connectivity Fees

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 192 (October 4, 2016)

Page Range68493-68493
FR Document2016-23908

Federal Register, Volume 81 Issue 192 (Tuesday, October 4, 2016)
[Federal Register Volume 81, Number 192 (Tuesday, October 4, 2016)]
[Notices]
[Page 68493]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23908]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78968; File No. SR-NYSEMKT-2016-63]


Self-Regulatory Organizations; NYSE MKT LLC; Notice of 
Designation of Longer Period for Commission Action on a Proposed Rule 
Change Amending the Co-Location Services Offered by the Exchange To Add 
Certain Access and Connectivity Fees

September 28, 2016.
    On August 16, 2016, NYSE MKT LLC (the ``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 (1) 
to provide additional information regarding access to various trading 
and execution services; connectivity to market data feeds and testing 
and certification feeds; connectivity to third party systems; and 
connectivity to DTCC provided to Users using data center local area 
networks; and (2) to establish fees relating to a User's access to 
various trading and execution services; connectivity to market data 
feeds and testing and certification feeds; connectivity to DTCC; and 
other services. The proposed rule change was published for comment in 
the Federal Register on August 26, 2016.\3\ The Commission received no 
comments in response to the proposed rule change.\4\
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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. 34-78629 (August 22, 
2016), 81 FR 58992.
    \4\ The Commission notes that it did receive one comment letter 
on a related filing, NYSE-2016-45, which is equally relevant to this 
filing.
    In response to the comment letter, the NYSE submitted a 
response.
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    Section 19(b)(2) of the Act \5\ provides that, within 45 days of 
the publication of the 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 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.
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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 November 24, 2016, as the date by which the 
Commission should approve, disapprove, or institute proceedings to 
determine whether to disapprove the proposed rule change (File No. SR-
NYSEMKT-2016-63).
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    \6\ Id.

    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)(57).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-23908 Filed 10-3-16; 8:45 am]
 BILLING CODE 8011-01-P



                                                                               Federal Register / Vol. 81, No. 192 / Tuesday, October 4, 2016 / Notices                                             68493

                                                     Therefore, it is ordered, pursuant to                may designate if it finds such longer                  proposal as a ‘‘non-controversial’’
                                                  Section 12(k) of the Exchange Act, that                 period to be appropriate and publishes                 proposed rule change pursuant to
                                                  trading in the securities of Rainbow                    its reasons for so finding or as to which              Section 19(b)(3)(A) of the Act 3 and Rule
                                                  International, Corp. is suspended for the               the self-regulatory organization                       19b-4(f)(6)(iii) thereunder,4 which
                                                  period from 9:30 a.m. EDT on                            consents, the Commission shall approve                 renders it effective upon filing with the
                                                  September 30, 2016, through 11:59 p.m.                  the proposed rule change, disapprove                   Commission. The Commission is
                                                  EDT on October 13, 2016.                                the proposed rule change, or institute                 publishing this notice to solicit
                                                     By the Commission.                                   proceedings to determine whether the                   comments on the proposed rule change
                                                  Jill M. Peterson,                                       proposed rule change should be                         from interested persons.
                                                                                                          disapproved. The Commission is
                                                  Assistant Secretary.                                                                                           I. Self-Regulatory Organization’s
                                                                                                          extending this 45-day time period.
                                                  [FR Doc. 2016–24062 Filed 9–30–16; 4:15 pm]                The Commission finds that it is                     Statement of the Terms of Substance of
                                                  BILLING CODE 8011–01–P                                  appropriate to designate a longer period               the Proposed Rule Change
                                                                                                          within which to take action on the                        The Exchange filed a proposal to
                                                                                                          proposed rule change so that it has                    update Rules 21.1, 21.7 and 21.9 to align
                                                  SECURITIES AND EXCHANGE                                 sufficient time to consider the proposed               the Exchange’s rules and functionality
                                                  COMMISSION                                              rule change. Accordingly, the                          applicable to the Exchange’s options
                                                  [Release No. 34–78968; File No. SR–                     Commission, pursuant to Section                        platform (‘‘BZX Options’’) with the
                                                  NYSEMKT–2016–63]                                        19(b)(2) of the Act,6 designates                       Exchange’s affiliated options platform
                                                                                                          November 24, 2016, as the date by                      (‘‘EDGX Options’’), which is operated by
                                                  Self-Regulatory Organizations; NYSE                     which the Commission should approve,                   Bats EDGX Exchange, Inc. (‘‘EDGX’’).
                                                  MKT LLC; Notice of Designation of                       disapprove, or institute proceedings to                The Exchange has designated this
                                                  Longer Period for Commission Action                     determine whether to disapprove the                    proposal as a non-controversial filing
                                                  on a Proposed Rule Change Amending                      proposed rule change (File No. SR–                     and requests that the Commission waive
                                                  the Co-Location Services Offered by                     NYSEMKT–2016–63).                                      the 30-day operative delay contained in
                                                  the Exchange To Add Certain Access                                                                             Rule 19b–4(f)(6)(iii) under the Act.5 If
                                                                                                            For the Commission, by the Division of
                                                  and Connectivity Fees                                                                                          such waiver is granted by the
                                                                                                          Trading and Markets, pursuant to delegated
                                                  September 28, 2016.                                     authority.7                                            Commission, the Exchange shall
                                                     On August 16, 2016, NYSE MKT LLC                     Robert W. Errett,                                      implement this rule proposal
                                                  (the ‘‘Exchange’’ or ‘‘NYSE MKT’’) filed                Deputy Secretary.                                      immediately.
                                                                                                                                                                    The text of the proposed rule change
                                                  with the Securities and Exchange                        [FR Doc. 2016–23908 Filed 10–3–16; 8:45 am]
                                                                                                                                                                 is available at the Exchange’s Web site
                                                  Commission (‘‘Commission’’), pursuant                   BILLING CODE 8011–01–P
                                                                                                                                                                 at www.batstrading.com, at the
                                                  to Section 19(b)(1) of the Securities
                                                                                                                                                                 principal office of the Exchange, and at
                                                  Exchange Act of 1934 (‘‘Act’’) 1 and Rule
                                                                                                                                                                 the Commission’s Public Reference
                                                  19b–4 thereunder,2 a proposed rule                      SECURITIES AND EXCHANGE
                                                                                                                                                                 Room.
                                                  change (1) to provide additional                        COMMISSION
                                                  information regarding access to various                 [Release No. 34–78964; File No. SR–
                                                                                                                                                                 II. Self-Regulatory Organization’s
                                                  trading and execution services;                         BatsBZX–2016–59]                                       Statement of the Purpose of, and
                                                  connectivity to market data feeds and                                                                          Statutory Basis for, the Proposed Rule
                                                  testing and certification feeds;                        Self-Regulatory Organizations; Bats                    Change
                                                  connectivity to third party systems; and                BZX Exchange, Inc.; Notice of Filing                      In its filing with the Commission, the
                                                  connectivity to DTCC provided to Users                  and Immediate Effectiveness of a                       Exchange included statements
                                                  using data center local area networks;                  Proposed Rule Change To Update BZX                     concerning the purpose of and basis for
                                                  and (2) to establish fees relating to a                 Rules 21.1, 21.7 and 21.9 To Align the                 the proposed rule change and discussed
                                                  User’s access to various trading and                    Exchange’s Rules and Functionality                     any comments it received on the
                                                  execution services; connectivity to                     Applicable to the Exchange’s Options                   proposed rule change. The text of these
                                                  market data feeds and testing and                       Platform, BZX Options, With the                        statements may be examined at the
                                                  certification feeds; connectivity to                    Exchange’s Affiliated Options                          places specified in Item IV below. The
                                                  DTCC; and other services. The proposed                  Platform, EDGX Options, Which Is                       Exchange has prepared summaries, set
                                                  rule change was published for comment                   Operated by Bats EDGX Exchange, Inc.                   forth in Sections A, B, and C below, of
                                                  in the Federal Register on August 26,                                                                          the most significant parts of such
                                                  2016.3 The Commission received no                       September 28, 2016.
                                                                                                             Pursuant to Section 19(b)(1) of the                 statements.
                                                  comments in response to the proposed
                                                  rule change.4                                           Securities Exchange Act of 1934 (the                   A. Self-Regulatory Organization’s
                                                     Section 19(b)(2) of the Act 5 provides               ‘‘Act’’),1 and Rule 19b-4 thereunder,2                 Statement of the Purpose of, and the
                                                  that, within 45 days of the publication                 notice is hereby given that on                         Statutory Basis for, the Proposed Rule
                                                  of the notice of the filing of a proposed               September 19, 2016, Bats BZX                           Change
                                                  rule change, or within such longer                      Exchange, Inc. (the ‘‘Exchange’’ or
                                                                                                          ‘‘BZX’’) filed with the Securities and                 1. Purpose
                                                  period up to 90 days as the Commission
                                                                                                          Exchange Commission (‘‘Commission’’)                      The Exchange proposes to make two
                                                    1 15 U.S.C. 78s(b)(1).                                the proposed rule change as described                  changes to the Exchange’s rules and
mstockstill on DSK3G9T082PROD with NOTICES




                                                    2 17 CFR 240.19b–4.                                   in Items I and II below, which Items                   functionality applicable to the BZX
                                                    3 See Securities Exchange Act Release No. 34–
                                                                                                          have been prepared by the Exchange.                    Options as described below. The
                                                  78629 (August 22, 2016), 81 FR 58992.                                                                          changes are being proposed in order to
                                                    4 The Commission notes that it did receive one
                                                                                                          The Exchange has designated this
                                                  comment letter on a related filing, NYSE–2016–45,
                                                                                                                                                                 allow the Exchange to conform certain
                                                                                                            6 Id.
                                                  which is equally relevant to this filing.
                                                                                                            7 17 CFR 200.30–3(a)(57).                              3 15 U.S.C. 78s(b)(3)(A).
                                                    In response to the comment letter, the NYSE
                                                  submitted a response.                                     1 15 U.S.C. 78s(b)(1).                                 4 17 CFR 240.19b–4(f)(6)(iii).
                                                    5 15 U.S.C. 78s(b)(2).                                  2 17 CFR 240.19b–4.                                    5 17 CFR 240.19b–4(f)(6)(iii).




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Document Created: 2016-10-04 03:03:17
Document Modified: 2016-10-04 03:03:17
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 68493 

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