82_FR_19859 82 FR 19778 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Reflect a Change in the Index Methodology Applicable to the Virtus Enhanced U.S. Equity ETF Under NYSE Arca Equities Rule 5.2(j)(3)

82 FR 19778 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Reflect a Change in the Index Methodology Applicable to the Virtus Enhanced U.S. Equity ETF Under NYSE Arca Equities Rule 5.2(j)(3)

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 81 (April 28, 2017)

Page Range19778-19779
FR Document2017-08576

Federal Register, Volume 82 Issue 81 (Friday, April 28, 2017)
[Federal Register Volume 82, Number 81 (Friday, April 28, 2017)]
[Notices]
[Pages 19778-19779]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-08576]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80515; File No. SR-NYSEArca-2017-45)


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change To Reflect a Change 
in the Index Methodology Applicable to the Virtus Enhanced U.S. Equity 
ETF Under NYSE Arca Equities Rule 5.2(j)(3)

April 24, 2017.
    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 April 20, 2017, NYSE Arca, Inc. (the ``Exchange'' or 
``NYSE Arca'') 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 Exchange. The Commission 
is publishing this notice to solicit comments on the proposed rule 
change from interested persons.
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    \1\ 15 U.S.C.78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of the 
Substance of the Proposed Rule Change

    The Exchange proposes to reflect a change in the index methodology 
applicable to the Virtus Enhanced U.S. Equity ETF (``Fund''). The 
Commission, pursuant to Section 19(b)(2) of the Act, has previously 
approved listing and trading of shares of the Fund on the Exchange 
under NYSE Arca Equities Rule 5.2(j)(3). 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 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Commission has approved the listing and trading on the Exchange 
of shares (``Shares'') of the Fund,\4\ under NYSE Arca Equities Rule 
5.2(j)(3), which governs the listing and trading of Investment Company 
Units. The Exchange proposes to reflect a change in the index 
methodology applicable to the Fund from the index description in the 
Prior Notice, as described below. Shares of the Fund have not commenced 
trading on the Exchange as of the date of filing of this proposed rule 
change.
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    \4\ See Securities Exchange Act Release No. 79402 (November 25, 
2016), 81 FR 86760 (December 1, 2016) (SR-NYSEArca-2016-131) 
(``Prior Order''). See also Securities Exchange Act Release No. 
79101 (October 14, 2016) (SR-NYSEArca-2016-131) (notice of filing of 
proposed rule change relating to listing on the Exchange of Shares 
of the Fund) (``Prior Notice'' and, together with the Prior Order, 
the ``Prior Releases'').
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Index Methodology
    As stated in the Prior Notice, the Fund's investment objective will 
be to seek investment results that, before fees and expenses, closely 
correspond to the price and yield performance of the Rampart Enhanced 
U.S. Equity Index (the ``Index''). The Prior Notice stated that the 
Index is comprised of an equity portfolio enhanced by an ``Options 
Strategy Overlay''. The equity portfolio is comprised of the largest 
400 U.S. exchange-listed stocks as measured by market capitalization. 
The portfolio is market capitalization-weighted and is reconstituted 
and rebalanced on a quarterly basis. The Options Strategy Overlay uses 
an objective, rules-based methodology to transact in options linked to 
the S&P 500 Index (SPX). SPX options are traded on the Chicago Board 
Options Exchange. Each week, out of the money SPX put options and out 
of the money SPX call options are sold. The proceeds are used to buy an 
SPX call option. The strike prices of the options are systematically 
selected according to the prevailing volatility environment. In 
general, in higher volatility environments the short options will be 
struck farther out of the money.
    The Exchange proposes to delete the representation in the eighth 
sentence of the preceding paragraph that proceeds are used to buy an 
SPX call option. Instead, proceeds from weekly sales of out-of-the-
money SPX put and call options by the Fund (to the extent there are 
profits from such sales), as it attempts to meet its investment 
objective, will be collected by the Fund, and distributed periodically 
to shareholders, instead of such proceeds being used to purchase 
additional SPX call options. Between such distributions, there would be 
no additional exposure to SPX options via reinvestment in such options. 
Virtus ETF Advisers LLC (the ``Adviser'') represents that the proposed 
change to the Index methodology would provide a simplified strategy 
that emphasizes enhanced income to investors rather than enhanced total 
return.
    There will be no change to the Fund's investment objective. Except 
for the change noted above, all other representations made in the Prior 
Releases remain unchanged.
2. Statutory Basis
    The basis under the Act for this proposed rule change is the 
requirement under Section 6(b)(5) \5\ that an exchange have rules that 
are designed to prevent fraudulent and manipulative acts and practices, 
to promote just and equitable principles of trade, to remove 
impediments to, and perfect the mechanism of a free and open market 
and, in general, to protect investors and the public interest.
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange believes that the proposed rule change is designed to 
prevent fraudulent and manipulative acts and practices, and is designed 
to promote just and equitable principles of trade and to protect 
investors and the public interest. Proceeds from weekly sales of out-
of-the-money SPX put and call options by the Fund, as it attempts

[[Page 19779]]

to meet its investment objective, will be distributed periodically to 
shareholders instead of such proceeds being used to purchase additional 
SPX call options.
    The proposed rule change is designed to perfect the mechanism of a 
free and open market, and, in general, to promote just and equitable 
principles of trade and to protect investors and the public interest. 
The Adviser represents that, by not using proceeds of sales to add to 
exposure to SPX options in the Index, the proposed change to the Index 
methodology would provide a simplified strategy that emphasizes 
enhanced income to investors rather than enhanced total return. Except 
for the change noted above, all other representations in the Prior 
Releases remain unchanged.

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 believes the 
proposed rule change will enhance competition among issues of exchange-
traded funds that invest in both U.S. exchange listed stocks and U.S. 
exchange-traded options to the benefit of investors and the 
marketplace.

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

    Because the foregoing 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 for 30 days from the date on which it was filed, or 
such shorter time as the Commission may designate, it has become 
effective pursuant to Section 19(b)(3)(A)(iii) of the Act \6\ and 
subparagraph (f)(6) of Rule 19b-4 thereunder.\7\
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    \6\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \7\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------

    A proposed rule change filed under Rule 19b-4(f)(6) normally does 
not become operative before 30 days from the date of the filing. 
However, pursuant to Rule 19b-4(f)(6)(iii),\8\ 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. The Commission 
believes that waiving the 30-day operative delay is consistent with the 
protection of investors and the public interest. The proposed rule 
change does not raise any regulatory issues. Additionally, waiver of 
the operative delay will allow the Adviser to pursue the Fund's 
investment objective in a consistent manner should the Exchange wish to 
commence trading in the Shares without delay. For these reasons, the 
Commission hereby waives the 30-day operative delay and designates the 
proposed rule change to be operative upon filing with the 
Commission.\9\
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    \8\ 17 CFR 240.19b-4(f)(6)(iii).
    \9\ For purposes only of waiving the operative delay for this 
proposal, 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 the proposed rule 
change, the Commission summarily may temporarily suspend such rule 
change if it appears to the Commission that such action is: (i) 
Necessary or appropriate in the public interest; (ii) for the 
protection of investors; or (iii) otherwise in furtherance of the 
purposes of the Act. If the Commission takes such action, the 
Commission shall institute proceedings to determine whether the 
proposed rule should be approved or disapproved.

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 Comments

     Use 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-NYSEArca-2017-45 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-NYSEArca-2017-45. 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 such filing also will be available 
for inspection and copying at the principal offices 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-NYSEArca-2017-
45, and should be submitted on or before May 19, 2017.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-08576 Filed 4-27-17; 8:45 am]
BILLING CODE 8011-01-P



                                                    19778                             Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices

                                                    printing in the Commission’s Public                      has previously approved listing and                     reconstituted and rebalanced on a
                                                    Reference Room, 100 F Street NE.,                        trading of shares of the Fund on the                    quarterly basis. The Options Strategy
                                                    Washington, DC 20549 on official                         Exchange under NYSE Arca Equities                       Overlay uses an objective, rules-based
                                                    business days between the hours of                       Rule 5.2(j)(3). The proposed rule change                methodology to transact in options
                                                    10:00 a.m. and 3:00 p.m. Copies of such                  is available on the Exchange’s Web site                 linked to the S&P 500 Index (SPX). SPX
                                                    filing also will be available for                        at www.nyse.com, at the principal office                options are traded on the Chicago Board
                                                    inspection and copying at the principal                  of the Exchange, and at the                             Options Exchange. Each week, out of
                                                    office of the Exchange. All comments                     Commission’s Public Reference Room.                     the money SPX put options and out of
                                                    received will be posted without change;                                                                          the money SPX call options are sold.
                                                                                                             II. Self-Regulatory Organization’s
                                                    the Commission does not edit personal                                                                            The proceeds are used to buy an SPX
                                                                                                             Statement of the Purpose of, and
                                                    identifying information from                                                                                     call option. The strike prices of the
                                                    submissions. You should submit only                      Statutory Basis for, the Proposed Rule                  options are systematically selected
                                                    information that you wish to make                        Change                                                  according to the prevailing volatility
                                                    available publicly. All submissions                         In its filing with the Commission, the               environment. In general, in higher
                                                    should refer to File Number SR–                          self-regulatory organization included                   volatility environments the short
                                                    NYSEArca–2017–43, and should be                          statements concerning the purpose of,                   options will be struck farther out of the
                                                    submitted on or before May 19, 2017.                     and basis for, the proposed rule change                 money.
                                                      For the Commission, by the Division of                 and discussed any comments it received                     The Exchange proposes to delete the
                                                    Trading and Markets, pursuant to delegated               on the proposed rule change. The text                   representation in the eighth sentence of
                                                    authority.19                                             of those statements may be examined at                  the preceding paragraph that proceeds
                                                    Eduardo A. Aleman,                                       the places specified in Item IV below.                  are used to buy an SPX call option.
                                                    Assistant Secretary.                                     The Exchange has prepared summaries,                    Instead, proceeds from weekly sales of
                                                                                                             set forth in sections A, B, and C below,                out-of-the-money SPX put and call
                                                    [FR Doc. 2017–08577 Filed 4–27–17; 8:45 am]
                                                                                                             of the most significant parts of such                   options by the Fund (to the extent there
                                                    BILLING CODE 8011–01–P
                                                                                                             statements.                                             are profits from such sales), as it
                                                                                                                                                                     attempts to meet its investment
                                                                                                             A. Self-Regulatory Organization’s                       objective, will be collected by the Fund,
                                                    SECURITIES AND EXCHANGE                                  Statement of the Purpose of, and
                                                    COMMISSION                                                                                                       and distributed periodically to
                                                                                                             Statutory Basis for, the Proposed Rule                  shareholders, instead of such proceeds
                                                    [Release No. 34–80515; File No. SR–                      Change                                                  being used to purchase additional SPX
                                                    NYSEArca–2017–45)                                        1. Purpose                                              call options. Between such
                                                                                                                The Commission has approved the                      distributions, there would be no
                                                    Self-Regulatory Organizations; NYSE
                                                                                                             listing and trading on the Exchange of                  additional exposure to SPX options via
                                                    Arca, Inc.; Notice of Filing and
                                                                                                             shares (‘‘Shares’’) of the Fund,4 under                 reinvestment in such options. Virtus
                                                    Immediate Effectiveness of Proposed
                                                                                                             NYSE Arca Equities Rule 5.2(j)(3),                      ETF Advisers LLC (the ‘‘Adviser’’)
                                                    Rule Change To Reflect a Change in
                                                                                                             which governs the listing and trading of                represents that the proposed change to
                                                    the Index Methodology Applicable to
                                                                                                             Investment Company Units. The                           the Index methodology would provide a
                                                    the Virtus Enhanced U.S. Equity ETF
                                                                                                             Exchange proposes to reflect a change in                simplified strategy that emphasizes
                                                    Under NYSE Arca Equities Rule
                                                                                                             the index methodology applicable to the                 enhanced income to investors rather
                                                    5.2(j)(3)
                                                                                                             Fund from the index description in the                  than enhanced total return.
                                                    April 24, 2017.                                                                                                     There will be no change to the Fund’s
                                                                                                             Prior Notice, as described below. Shares
                                                       Pursuant to Section 19(b)(1) 1 of the                                                                         investment objective. Except for the
                                                                                                             of the Fund have not commenced
                                                    Securities Exchange Act of 1934 (the                                                                             change noted above, all other
                                                                                                             trading on the Exchange as of the date
                                                    ‘‘Act’’) 2 and Rule 19b–4 thereunder,3                                                                           representations made in the Prior
                                                                                                             of filing of this proposed rule change.
                                                    notice is hereby given that, on April 20,                                                                        Releases remain unchanged.
                                                    2017, NYSE Arca, Inc. (the ‘‘Exchange’’                  Index Methodology
                                                                                                                                                                     2. Statutory Basis
                                                    or ‘‘NYSE Arca’’) filed with the                            As stated in the Prior Notice, the
                                                    Securities and Exchange Commission                                                                                  The basis under the Act for this
                                                                                                             Fund’s investment objective will be to
                                                    (the ‘‘Commission’’) the proposed rule                                                                           proposed rule change is the requirement
                                                                                                             seek investment results that, before fees
                                                    change as described in Items I and II                                                                            under Section 6(b)(5) 5 that an exchange
                                                                                                             and expenses, closely correspond to the
                                                    below, which Items have been prepared                                                                            have rules that are designed to prevent
                                                                                                             price and yield performance of the
                                                    by the Exchange. The Commission is                                                                               fraudulent and manipulative acts and
                                                                                                             Rampart Enhanced U.S. Equity Index
                                                    publishing this notice to solicit                                                                                practices, to promote just and equitable
                                                                                                             (the ‘‘Index’’). The Prior Notice stated
                                                    comments on the proposed rule change                                                                             principles of trade, to remove
                                                                                                             that the Index is comprised of an equity
                                                    from interested persons.                                                                                         impediments to, and perfect the
                                                                                                             portfolio enhanced by an ‘‘Options
                                                                                                                                                                     mechanism of a free and open market
                                                    I. Self-Regulatory Organization’s                        Strategy Overlay’’. The equity portfolio
                                                                                                                                                                     and, in general, to protect investors and
                                                    Statement of the Terms of the Substance                  is comprised of the largest 400 U.S.
                                                                                                                                                                     the public interest.
                                                    of the Proposed Rule Change                              exchange-listed stocks as measured by                      The Exchange believes that the
                                                                                                             market capitalization. The portfolio is                 proposed rule change is designed to
                                                       The Exchange proposes to reflect a                    market capitalization-weighted and is                   prevent fraudulent and manipulative
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    change in the index methodology
                                                    applicable to the Virtus Enhanced U.S.                      4 See Securities Exchange Act Release No. 79402
                                                                                                                                                                     acts and practices, and is designed to
                                                    Equity ETF (‘‘Fund’’). The Commission,                   (November 25, 2016), 81 FR 86760 (December 1,           promote just and equitable principles of
                                                    pursuant to Section 19(b)(2) of the Act,                 2016) (SR–NYSEArca–2016–131) (‘‘Prior Order’’).         trade and to protect investors and the
                                                                                                             See also Securities Exchange Act Release No. 79101      public interest. Proceeds from weekly
                                                      19 17
                                                                                                             (October 14, 2016) (SR–NYSEArca–2016–131)               sales of out-of-the-money SPX put and
                                                            CFR 200.30–3(a)(12).                             (notice of filing of proposed rule change relating to
                                                      1 15 U.S.C.78s(b)(1).                                  listing on the Exchange of Shares of the Fund)          call options by the Fund, as it attempts
                                                      2 15 U.S.C. 78a.
                                                                                                             (‘‘Prior Notice’’ and, together with the Prior Order,
                                                      3 17 CFR 240.19b–4.                                    the ‘‘Prior Releases’’).                                 5 15   U.S.C. 78f(b)(5).



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                                                                                       Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices                                              19779

                                                    to meet its investment objective, will be               action is consistent with the protection              Internet Web site (http://www.sec.gov/
                                                    distributed periodically to shareholders                of investors and the public interest. The             rules/sro.shtml). Copies of the
                                                    instead of such proceeds being used to                  Exchange has asked the Commission to                  submission, all subsequent
                                                    purchase additional SPX call options.                   waive the 30-day operative delay. The                 amendments, all written statements
                                                      The proposed rule change is designed                  Commission believes that waiving the                  with respect to the proposed rule
                                                    to perfect the mechanism of a free and                  30-day operative delay is consistent                  change that are filed with the
                                                    open market, and, in general, to promote                with the protection of investors and the              Commission, and all written
                                                    just and equitable principles of trade                  public interest. The proposed rule                    communications relating to the
                                                    and to protect investors and the public                 change does not raise any regulatory                  proposed rule change between the
                                                    interest. The Adviser represents that, by               issues. Additionally, waiver of the                   Commission and any person, other than
                                                    not using proceeds of sales to add to                   operative delay will allow the Adviser                those that may be withheld from the
                                                    exposure to SPX options in the Index,                   to pursue the Fund’s investment                       public in accordance with the
                                                    the proposed change to the Index                        objective in a consistent manner should               provisions of 5 U.S.C. 552, will be
                                                    methodology would provide a                             the Exchange wish to commence trading                 available for Web site viewing and
                                                    simplified strategy that emphasizes                     in the Shares without delay. For these                printing in the Commission’s Public
                                                    enhanced income to investors rather                     reasons, the Commission hereby waives                 Reference Room, 100 F Street NE.,
                                                    than enhanced total return. Except for                  the 30-day operative delay and                        Washington, DC 20549 on official
                                                    the change noted above, all other                       designates the proposed rule change to                business days between the hours of
                                                    representations in the Prior Releases                   be operative upon filing with the                     10:00 a.m. and 3:00 p.m. Copies of such
                                                    remain unchanged.                                       Commission.9                                          filing also will be available for
                                                                                                               At any time within 60 days of the                  inspection and copying at the principal
                                                    B. Self-Regulatory Organization’s                       filing of the proposed rule change, the               offices of the Exchange. All comments
                                                    Statement on Burden on Competition                      Commission summarily may                              received will be posted without change;
                                                       The Exchange does not believe that                   temporarily suspend such rule change if               the Commission does not edit personal
                                                    the proposed rule change will impose                    it appears to the Commission that such                identifying information from
                                                    any burden on competition that is not                   action is: (i) Necessary or appropriate in            submissions. You should submit only
                                                    necessary or appropriate in furtherance                 the public interest; (ii) for the protection          information that you wish to make
                                                    of the purposes of the Act. The                         of investors; or (iii) otherwise in                   available publicly. All submissions
                                                    Exchange believes the proposed rule                     furtherance of the purposes of the Act.               should refer to File Number SR–
                                                    change will enhance competition among                   If the Commission takes such action, the              NYSEArca–2017–45, and should be
                                                    issues of exchange-traded funds that                    Commission shall institute proceedings                submitted on or before May 19, 2017.
                                                    invest in both U.S. exchange listed                     to determine whether the proposed rule
                                                                                                            should be approved or disapproved.                      For the Commission, by the Division of
                                                    stocks and U.S. exchange-traded options                                                                       Trading and Markets, pursuant to delegated
                                                    to the benefit of investors and the                     IV. Solicitation of Comments                          authority.10
                                                    marketplace.                                                                                                  Eduardo A. Aleman,
                                                                                                              Interested persons are invited to
                                                    C. Self-Regulatory Organization’s                       submit written data, views, and                       Assistant Secretary.
                                                    Statement on Comments on the                            arguments concerning the foregoing,                   [FR Doc. 2017–08576 Filed 4–27–17; 8:45 am]
                                                    Proposed Rule Change Received From                      including whether the proposed rule                   BILLING CODE 8011–01–P
                                                    Members, Participants, or Others                        change is consistent with the Act.
                                                      No written comments were solicited                    Comments may be submitted by any of
                                                    or received with respect to the proposed                the following methods:                                SMALL BUSINESS ADMINISTRATION
                                                    rule change.                                            Electronic Comments                                   [Disaster Declaration #15121 and #15122]
                                                    III. Date of Effectiveness of the                         • Use the Commission’s Internet
                                                    Proposed Rule Change and Timing for                     comment form (http://www.sec.gov/                     Utah Disaster #UT–00049
                                                    Commission Action                                       rules/sro.shtml); or                                  AGENCY: U.S. Small Business
                                                       Because the foregoing proposed rule                    • Send an email to rule-comments@                   Administration.
                                                    change does not: (i) Significantly affect               sec.gov. Please include File Number SR–               ACTION: Notice
                                                    the protection of investors or the public               NYSEArca–2017–45 on the subject line.
                                                    interest; (ii) impose any significant                   Paper Comments                                        SUMMARY:   This is a Notice of the
                                                    burden on competition; and (iii) become                                                                       Presidential declaration of a major
                                                                                                               • Send paper comments in triplicate                disaster for Public Assistance Only for
                                                    operative for 30 days from the date on                  to Secretary, Securities and Exchange
                                                    which it was filed, or such shorter time                                                                      the State of UTAH (FEMA–4311–DR),
                                                                                                            Commission, 100 F Street NE.,                         dated 04/21/2017.
                                                    as the Commission may designate, it has                 Washington, DC 20549–1090.
                                                    become effective pursuant to Section                                                                            Incident: Severe Winter Storms and
                                                    19(b)(3)(A)(iii) of the Act 6 and                       All submissions should refer to File                  Flooding.
                                                                                                            Number SR–NYSEArca–2017–45. This                        Incident Period: 02/07/2017 through
                                                    subparagraph (f)(6) of Rule 19b–4
                                                                                                            file number should be included on the                 02/27/2017.
                                                    thereunder.7
                                                       A proposed rule change filed under                   subject line if email is used. To help the              Effective Date: 04/21/2017.
                                                                                                            Commission process and review your                      Physical Loan Application Deadline
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    Rule 19b–4(f)(6) normally does not
                                                    become operative before 30 days from                    comments more efficiently, please use                 Date: 06/20/2017.
                                                    the date of the filing. However, pursuant               only one method. The Commission will                    Economic Injury (EIDL) Loan
                                                    to Rule 19b–4(f)(6)(iii),8 the Commission               post all comments on the Commission’s                 Application Deadline Date: 01/22/2018.
                                                    may designate a shorter time if such                                                                          ADDRESSES: Submit completed loan
                                                                                                               9 For purposes only of waiving the operative
                                                                                                                                                                  applications to: U.S. Small Business
                                                                                                            delay for this proposal, the Commission has
                                                      6 15 U.S.C. 78s(b)(3)(A)(iii).                        considered the proposed rule’s impact on              Administration, Processing and
                                                      7 17 CFR 240.19b–4(f)(6).                             efficiency, competition, and capital formation. See
                                                      8 17 CFR 240.19b–4(f)(6)(iii).                        15 U.S.C. 78c(f).                                       10 17   CFR 200.30–3(a)(12).



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Document Created: 2017-04-28 03:02:32
Document Modified: 2017-04-28 03:02:32
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 Citation82 FR 19778 

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