82 FR 28152 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt a New NYSE Arca Equities Rule 8.900 and To List and Trade Shares of the Royce Pennsylvania ETF, Royce Premier ETF, and Royce Total Return ETF Under Proposed NYSE Arca Equities Rule 8.900

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 117 (June 20, 2017)

Page Range		28152-28152
FR Document		2017-12885

Federal Register, Volume 82 Issue 117 (Tuesday, June 20, 2017)

[Federal Register Volume 82, Number 117 (Tuesday, June 20, 2017)]
[Notices]
[Page 28152]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-12885]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80935; File No. SR-NYSEArca-2017-36]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Adopt a New NYSE Arca Equities Rule 8.900 and To List and 
Trade Shares of the Royce Pennsylvania ETF, Royce Premier ETF, and 
Royce Total Return ETF Under Proposed NYSE Arca Equities Rule 8.900

June 15, 2017.
    On April 14, 2017, 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 
adopt new NYSE Arca Equities Rule 8.900 to permit it to list and trade 
Managed Portfolio Shares. The Exchange also proposed to list and trade 
shares of Royce Pennsylvania ETF, Royce Premier ETF, and Royce Total 
Return ETF under proposed NYSE Arca Equities Rule 8.900. The proposed 
rule change was published for comment in the Federal Register on May 4, 
2017.\3\ The Commission has received three comment letters on 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. 80553 (April 28, 
2017), 82 FR 20932.
    \4\ See letters from: (1) Gary Gastineau, President, ETF 
Consultants.com, Inc., dated May 24, 2017; (2) Todd J. Broms, Chief 
Executive Officer, Broms & Company LLC, dated May 25, 2017; and (3) 
James Angel, Associate Professor of Finance, Georgetown University, 
McDonough School of Business, dated May 25, 2017. The comment 
letters are available at https://www.sec.gov/comments/sr-nysearca-2017-36/nysearca201736.htm.
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    Section 19(b)(2) of the Act \5\ 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 June 18, 2017. 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 and the 
comment letters. Accordingly, the Commission, pursuant to Section 
19(b)(2) of the Act,\6\ designates August 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-2017-36).
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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)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-12885 Filed 6-19-17; 8:45 am]
BILLING CODE 8011-01-P

28152 Federal Register / Vol. 82, No. 117 / Tuesday, June 20, 2017 / Notices

III. Date of Effectiveness of the Reference Room, 100 F Street NE., comment letters on the proposed rule
Proposed Rule Change and Timing for Washington, DC 20549 on official change.4
Commission Action business days between the hours of Section 19(b)(2) of the Act 5 provides
The foregoing rule change has become 10:00 a.m. and 3:00 p.m. Copies of the that, within 45 days of the publication
effective pursuant to Section 19(b)(3)(A) filing also will be available for of notice of the filing of a proposed rule
of the Act 7 and paragraph (f) of Rule inspection and copying at the principal change, or within such longer period up
19b–4 8 thereunder. At any time within office of the Exchange. All comments to 90 days as the Commission may
60 days of the filing of the proposed rule received will be posted without change; designate if it finds such longer period
change, the Commission summarily may the Commission does not edit personal to be appropriate and publishes its
temporarily suspend such rule change if identifying information from
reasons for so finding or as to which the
it appears to the Commission that such submissions. You should submit only
self-regulatory organization consents,
action is necessary or appropriate in the information that you wish to make
the Commission shall either approve the
public interest, for the protection of available publicly. All submissions
investors, or otherwise in furtherance of proposed rule change, disapprove the
should refer to File Number SR–CBOE–
the purposes of the Act. If the 2017–047 and should be submitted on proposed rule change, or institute
Commission takes such action, the or before July 11, 2017. proceedings to determine whether the
Commission will institute proceedings proposed rule change should be
For the Commission, by the Division of disapproved. The 45th day after
to determine whether the proposed rule Trading and Markets, pursuant to delegated
change should be approved or publication of the notice for this
authority.9
disapproved. proposed rule change is June 18, 2017.
Eduardo A. Aleman, The Commission is extending this 45-
IV. Solicitation of Comments Assistant Secretary. day time period.
Interested persons are invited to [FR Doc. 2017–12766 Filed 6–19–17; 8:45 am]
The Commission finds that it is
submit written data, views, and BILLING CODE 8011–01–P appropriate to designate a longer period
arguments concerning the foregoing,
including whether the proposed rule within which to take action on the
change is consistent with the Act. proposed rule change so that it has
SECURITIES AND EXCHANGE sufficient time to consider the proposed
Comments may be submitted by any of COMMISSION
the following methods: rule change and the comment letters.
Accordingly, the Commission, pursuant
Electronic Comments [Release No. 34–80935; File No. SR– to Section 19(b)(2) of the Act,6
• Use the Commission’s Internet NYSEArca–2017–36] designates August 2, 2017, as the date
comment form (http://www.sec.gov/ by which the Commission shall either
rules/sro.shtml); or Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Designation of a approve or disapprove, or institute
• Send an email to rule-comments@ proceedings to determine whether to
sec.gov. Please include File Number SR– Longer Period for Commission Action
on a Proposed Rule Change To Adopt disapprove, the proposed rule change
CBOE–2017–047 on the subject line. (File Number SR–NYSEArca–2017–36).
a New NYSE Arca Equities Rule 8.900
Paper Comments and To List and Trade Shares of the For the Commission, by the Division of
• Send paper comments in triplicate Royce Pennsylvania ETF, Royce Trading and Markets, pursuant to delegated
to Secretary, Securities and Exchange Premier ETF, and Royce Total Return authority.7
Commission, 100 F Street NE., ETF Under Proposed NYSE Arca Eduardo A. Aleman,
Washington, DC 20549–1090. Equities Rule 8.900 Assistant Secretary.
All submissions should refer to File [FR Doc. 2017–12885 Filed 6–19–17; 8:45 am]
June 15, 2017.
Number SR–CBOE–2017–047. This file
BILLING CODE 8011–01–P
number should be included on the On April 14, 2017, NYSE Arca, Inc.
subject line if email is used. To help the (‘‘Exchange’’ or ‘‘NYSE Arca’’) filed
Commission process and review your with the Securities and Exchange
comments more efficiently, please use Commission (‘‘Commission’’), pursuant
only one method. The Commission will to Section 19(b)(1) of the Securities
post all comments on the Commission’s Exchange Act of 1934 (‘‘Act’’) 1 and Rule
Internet Web site (http://www.sec.gov/ 19b–4 thereunder,2 a proposed rule
rules/sro.shtml). Copies of the change to adopt new NYSE Arca
submission, all subsequent Equities Rule 8.900 to permit it to list
amendments, all written statements and trade Managed Portfolio Shares.
with respect to the proposed rule The Exchange also proposed to list and
change that are filed with the trade shares of Royce Pennsylvania ETF,
Commission, and all written Royce Premier ETF, and Royce Total
communications relating to the Return ETF under proposed NYSE Arca
4 See letters from: (1) Gary Gastineau, President,

proposed rule change between the ETF Consultants.com, Inc., dated May 24, 2017; (2)
Equities Rule 8.900. The proposed rule Todd J. Broms, Chief Executive Officer, Broms &
Commission and any person, other than change was published for comment in Company LLC, dated May 25, 2017; and (3) James
sradovich on DSK3GMQ082PROD with NOTICES

those that may be withheld from the the Federal Register on May 4, 2017.3 Angel, Associate Professor of Finance, Georgetown
public in accordance with the The Commission has received three University, McDonough School of Business, dated
provisions of 5 U.S.C. 552, will be May 25, 2017. The comment letters are available at
available for Web site viewing and 9 17 CFR 200.30–3(a)(12). https://www.sec.gov/comments/sr-nysearca-2017-
printing in the Commission’s Public 1 15 U.S.C. 78s(b)(1). 36/nysearca201736.htm.
5 15 U.S.C. 78s(b)(2).
2 17 CFR 240.19b–4.
7 15 6 Id.
U.S.C. 78s(b)(3)(A). 3 See Securities Exchange Act Release No. 80553
8 17 CFR 240.19b–4(f). (April 28, 2017), 82 FR 20932. 7 17 CFR 200.30–3(a)(31).

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Document Created: 2017-06-20 02:20:47
Document Modified: 2017-06-20 02:20:47

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		82 FR 28152