81 FR 92892 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the ForceShares Daily 4X US Market Futures Long Fund and ForceShares Daily 4X US Market Futures Short Fund Under Commentary .02 to NYSE Arca Equities Rule 8.200

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 244 (December 20, 2016)

Page Range		92892-92892
FR Document		2016-30556

Federal Register, Volume 81 Issue 244 (Tuesday, December 20, 2016)

[Federal Register Volume 81, Number 244 (Tuesday, December 20, 2016)]
[Notices]
[Page 92892]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-30556]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-79550; File No. SR-NYSEArca-2016-120]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To List and Trade Shares of the ForceShares Daily 4X US Market 
Futures Long Fund and ForceShares Daily 4X US Market Futures Short Fund 
Under Commentary .02 to NYSE Arca Equities Rule 8.200

December 14, 2016.
    On October 17, 2016, NYSE Arca, Inc. 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 
ForceShares Daily 4X US Market Futures Long Fund and ForceShares Daily 
4X US Market Futures Short Fund under Commentary .02 to NYSE Arca 
Equities Rule 8.200. The proposed rule change was published for comment 
in the Federal Register on November 4, 2016.\3\ The Commission received 
no comments 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. 79201 (October 31, 
2016), 81 FR 76977.
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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 
45th day after publication of the notice for this proposed rule change 
is December 19, 2016. The Commission is extending this 45-day time 
period.
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    \4\ 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,\5\ designates February 2, 2017, 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-NYSEArca-2016-120).
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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. 2016-30556 Filed 12-19-16; 8:45 am]
 BILLING CODE 8011-01-P

92892 Federal Register / Vol. 81, No. 244 / Tuesday, December 20, 2016 / Notices

For the Commission, by the Division of within which to take action on the and at the Commission’s Public
Investment Management, under delegated proposed rule change so that it has Reference Room.
authority. sufficient time to consider the proposed
Brent J. Fields, rule change. Accordingly, the II. Self-Regulatory Organization’s
Secretary. Commission, pursuant to Section Statement of the Purpose of, and
[FR Doc. 2016–30540 Filed 12–19–16; 8:45 am] 19(b)(2) of the Act,5 designates February Statutory Basis for, the Proposed Rule
BILLING CODE 8011–01–P 2, 2017, as the date by which the Change
Commission shall either approve or In its filing with the Commission, the
disapprove or institute proceedings to self-regulatory organization included
SECURITIES AND EXCHANGE determine whether to disapprove the statements concerning the purpose of,
COMMISSION proposed rule change (File Number SR– and basis for, the proposed rule change
NYSEArca–2016–120).
[Release No. 34–79550; File No. SR– and discussed any comments it received
NYSEArca-2016–120] For the Commission, by the Division of on the proposed rule change. The text
Trading and Markets, pursuant to delegated of those statements may be examined at
Self-Regulatory Organizations; NYSE authority.6
the places specified in Item IV below.
Arca, Inc.; Notice of Designation of a Robert W. Errett, The Exchange has prepared summaries,
Longer Period for Commission Action Deputy Secretary. set forth in sections A, B, and C below,
on a Proposed Rule Change To List [FR Doc. 2016–30556 Filed 12–19–16; 8:45 am] of the most significant parts of such
and Trade Shares of the ForceShares BILLING CODE 8011–01–P statements.
Daily 4X US Market Futures Long Fund
and ForceShares Daily 4X US Market A. Self-Regulatory Organization’s
Futures Short Fund Under SECURITIES AND EXCHANGE Statement of the Purpose of, and the
Commentary .02 to NYSE Arca Equities COMMISSION Statutory Basis for, the Proposed Rule
Rule 8.200 Change
[Release No. 34–79547; File No. SR–
December 14, 2016. 1. Purpose
NYSEARCA–2016–161]
On October 17, 2016, NYSE Arca, Inc.
filed with the Securities and Exchange Self-Regulatory Organizations; NYSE The Exchange proposes to amend
Commission (‘‘Commission’’), pursuant Arca, Inc.; Notice of Filing and NYSE Arca Rule 10.17 (Release of
to Section 19(b)(1) of the Securities Immediate Effectiveness of Proposed Disciplinary Information through the
Exchange Act of 1934 (‘‘Act’’) 1 and Rule Rule Change Amending NYSE Arca Public Disclosure Program) and NYSE
19b–4 thereunder,2 a proposed rule Rule 10.17 and NYSE Arca Equities Arca Equities Rule 10.15 (Release of
change to list and trade shares of the Rule 10.15 Disciplinary Information through the
ForceShares Daily 4X US Market Public Disclosure Program) based on
Futures Long Fund and ForceShares December 14, 2016. Rule 8313 (Release of Disciplinary
Daily 4X US Market Futures Short Fund Pursuant to Section 19(b)(1) 1 of the Complaints, Decisions and Other
under Commentary .02 to NYSE Arca Securities Exchange Act of 1934 Information) of the Exchange’s affiliates
Equities Rule 8.200. The proposed rule (‘‘Act’’) 2 and Rule 19b–4 thereunder,3 New York Stock Exchange, LLC
change was published for comment in notice is hereby given that, on December (‘‘NYSE’’) and NYSE MKT LLC (‘‘NYSE
the Federal Register on November 4, 8, 2016, NYSE Arca, Inc. (‘‘Exchange’’ or MKT’’).
2016.3 The Commission received no ‘‘NYSE Arca’’) filed with the Securities
and Exchange Commission Background
comments on the proposed rule change.
Section 19(b)(2) of the Act 4 provides (‘‘Commission’’) the proposed rule In 2013, the NYSE adopted
that, within 45 days of the publication change as described in Items I and II disciplinary rules that are, with certain
of notice of the filing of a proposed rule below, which Items have been prepared exceptions, substantially the same as the
change, or within such longer period up by the self-regulatory organization. The Financial Industry Regulatory
to 90 days as the Commission may Commission is publishing this notice to Authority, Inc. (‘‘FINRA’’) Rule 8000
designate if it finds such longer period solicit comments on the proposed rule Series and Rule 9000 Series, and which
to be appropriate and publishes its change from interested persons. set forth rules for conducting
reasons for so finding or as to which the I. Self-Regulatory Organization’s investigations and enforcement actions.4
self-regulatory organization consents, Statement of the Terms of Substance of The NYSE disciplinary rules were
the Commission shall either approve the the Proposed Rule Change implemented on July 1, 2013.5 In 2016,
proposed rule change, disapprove the NYSE MKT also adopted the Rule 8000
proposed rule change, or institute The Exchange proposes to amend
NYSE Arca Rule 10.17 and NYSE Arca Series and Rule 9000 Series, which
proceedings to determine whether the rules are, with certain exceptions,
proposed rule change should be Equities Rule 10.15 governing the
release of disciplinary information substantially the same as those of NYSE
disapproved. The 45th day after and FINRA.6 The NYSE MKT
publication of the notice for this based on rules of the Exchange’s
proposed rule change is December 19, affiliates New York Stock Exchange,
4 See Securities Exchange Act Release Nos. 68678
2016. The Commission is extending this LLC and NYSE MKT LLC. The proposed
(January 16, 2013), 78 FR 5213 (January 24, 2013)
45-day time period. rule change is available on the (SR–NYSE–2013–02) (‘‘2013 Notice’’), 69045
mstockstill on DSK3G9T082PROD with NOTICES

The Commission finds that it is Exchange’s Web site at www.nyse.com, (March 5, 2013), 78 FR 15394 (March 11, 2013) (SR–
appropriate to designate a longer period at the principal office of the Exchange, NYSE–2013–02) (‘‘2013 NYSE Approval Order’’),
and 69963 (July 10, 2013), 78 FR 42573 (July 16,
2013) (SR–NYSE–2013–49).
1 15 5 Id.
U.S.C. 78s(b)(1). 5 See NYSE Information Memorandum 13–8 (May
2 17 6 17 CFR 200.30–3(a)(31).
CFR 240.19b–4. 24, 2013).
3 See Securities Exchange Act Release No. 79201 1 15 U.S.C. 78s(b)(1). 6 See Securities Exchange Act Release Nos. 77241
(October 31, 2016), 81 FR 76977. 2 15 U.S.C. 78a.
(February 26, 2016), 81 FR 11311 (March 3, 2016)
4 15 U.S.C. 78s(b)(2). 3 17 CFR 240.19b–4. (SR–NYSEMKT–2016–30) (‘‘2016 MKT Notice’’).

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Document Created: 2018-02-14 09:10:24
Document Modified: 2018-02-14 09:10:24

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		81 FR 92892