82_FR_3074 82 FR 3068 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Allowing the Exchange To Trade Pursuant to Unlisted Trading Privileges for Any NMS Stock Listed on Another National Securities Exchange; Establishing Rules for the Trading Pursuant to UTP of Exchange-Traded Products; and Adopting New Equity Trading Rules Relating to Trading Halts of Securities Traded Pursuant to UTP on the Pillar Platform

82 FR 3068 - Self-Regulatory Organizations; NYSE MKT LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Allowing the Exchange To Trade Pursuant to Unlisted Trading Privileges for Any NMS Stock Listed on Another National Securities Exchange; Establishing Rules for the Trading Pursuant to UTP of Exchange-Traded Products; and Adopting New Equity Trading Rules Relating to Trading Halts of Securities Traded Pursuant to UTP on the Pillar Platform

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 6 (January 10, 2017)

Page Range3068-3069
FR Document2017-00222

Federal Register, Volume 82 Issue 6 (Tuesday, January 10, 2017) 
[Federal Register Volume 82, Number 6 (Tuesday, January 10, 2017)]
[Notices]
[Pages 3068-3069]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-00222]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-79738; File No. SR-NYSEMKT-2016-103]


Self-Regulatory Organizations; NYSE MKT LLC; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change Allowing the Exchange To Trade Pursuant to Unlisted Trading 
Privileges for Any NMS Stock Listed on Another National Securities 
Exchange; Establishing Rules for the Trading Pursuant to UTP of 
Exchange-Traded Products; and Adopting New Equity Trading Rules 
Relating to Trading Halts of Securities Traded Pursuant to UTP on the 
Pillar Platform

January 4, 2017.
    On November 17, 2016, NYSE MKT LLC (``Exchange'') 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 (1) allow the 
Exchange to trade pursuant to unlisted trading privileges (``UTP'') for 
any NMS Stock listed on another national securities exchange; (2) 
establish rules for the trading pursuant to UTP of exchange-traded 
products; and (3) adopt new equity trading rules relating to trading 
halts of securities traded pursuant to UTP on the Pillar platform. The 
proposed rule change was published for comment in the Federal Register 
on December 1, 2016.\3\ The Commission has 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. 79400 (Nov. 25, 
2016), 81 FR 86750.
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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 January 15, 2017. 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

[[Page 3069]]

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 
March 1, 2017, as the date by which the Commission should either 
approve or disapprove or institute proceedings to determine whether to 
disapprove the proposed rule change (File Number SR-NYSEMKT-2016-103).
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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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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-00222 Filed 1-9-17; 8:45 am]
BILLING CODE 8011-01-P

3068 Federal Register / Vol. 82, No. 6 / Tuesday, January 10, 2017 / Notices No. 1 to the proposed rule change.4 On received no comments on the proposed SECURITIES AND EXCHANGE August 23, 2016, pursuant to Section rule change. COMMISSION 19(b)(2) of the Act,5 the Commission Section 19(b)(2) of the Act 10 provides [Release No. 34–79738; File No. SR– designated a longer period within which that, after initiating disapproval NYSEMKT–2016–103] to approve the proposed rule change, proceedings, the Commission shall issue disapprove the proposed rule change, or Self-Regulatory Organizations; NYSE an order approving or disapproving the institute proceedings to determine MKT LLC; Notice of Designation of a whether to disapprove the proposed proposed rule change not later than 180 days after the date of publication of Longer Period for Commission Action rule change.6 On August 26, 2016, the on a Proposed Rule Change Allowing Exchange filed Amendment No. 2 to the notice of filing of the proposed rule change. The Commission may extend the Exchange To Trade Pursuant to proposed rule change.7 On October 12, Unlisted Trading Privileges for Any 2016, the Commission instituted the period for issuing an order NMS Stock Listed on Another National proceedings under Section 19(b)(2)(B) of approving or disapproving the proposed Securities Exchange; Establishing the Act 8 to determine whether to rule change, however, by not more than Rules for the Trading Pursuant to UTP approve or disapprove the proposed 60 days if the Commission determines of Exchange-Traded Products; and rule change.9 The Commission has that a longer period is appropriate and Adopting New Equity Trading Rules publishes the reasons for such Relating to Trading Halts of Securities 4 In Amendment No. 1, the Exchange: (1) Added determination. The proposed rule Traded Pursuant to UTP on the Pillar a bullet point stating that ‘‘[b]ecause the Exchange’s rules regarding the production of books and records change was published for notice and Platform are described in Rule 440, the Exchange is comment in the Federal Register on July proposing to refer to Rule 440 in its proposed rules 14, 2016. January 10, 2017 is 180 days January 4, 2017. wherever NYSE Arca Equities Rule 4.4 is referenced from that date, and March 11, 2017 is On November 17, 2016, NYSE MKT in the rules of NYSE Arca Equities proposed in this LLC (‘‘Exchange’’) filed with the filing;’’ (2) deleted the sentence stating, ‘‘If an 240 days from that date. exchange has approved trading rules, procedures Securities and Exchange Commission The Commission finds it appropriate (‘‘Commission’’), pursuant to Section and listing standards in place that have been approved by the Commission for the product class to designate a longer period within 19(b)(1) of the Securities Exchange Act that would include a new derivative securities which to issue an order approving or of 1934 (‘‘Act’’) 1 and Rule 19b–4 product, the listing and trading of such ‘new disapproving the proposed rule change derivative securities product,’ does not require a thereunder,2 a proposed rule change to proposed rule change under Section 19b–4 of the so that it has sufficient time to consider (1) allow the Exchange to trade pursuant Act’’ and made conforming changes to the rest of this proposed rule change. Accordingly, to unlisted trading privileges (‘‘UTP’’) that paragraph; (3) deleted the bullet point that the Commission, pursuant to Section stated, ‘‘Correction of a typographical error in NYSE for any NMS Stock listed on another Arca Equities Rule 8.400(a) so that proposed Rule 19(b)(2) of the Act,11 designates March national securities exchange; (2) 8.400(a) reads ‘as such terms are used in Rule 11, 2017 as the date by which the establish rules for the trading pursuant 5.1(b)’ in the last sentence, rather than ‘as such Commission shall either approve or to UTP of exchange-traded products; terms are used in the Rule 5.1(b)’ as is currently drafted in NYSE Arca Equities Rule 8.400(a)’’; and disapprove the proposed rule change and (3) adopt new equity trading rules (4) noted that ‘‘for new ETPs to be traded pursuant (File No. SR–NYSE–2016–44). relating to trading halts of securities to UTP, which are listed and traded on another For the Commission, by the Division of traded pursuant to UTP on the Pillar exchange pursuant to Rule 19b–4(e), the Exchange platform. The proposed rule change was would be required to file Form 19b–4(e) with the Trading and Markets, pursuant to delegated Commission in accordance with the requirements authority.12 published for comment in the Federal therein.’’ Amendment No. 1 is available at: https:// Register on December 1, 2016.3 The www.sec.gov/comments/sr-nyse-2016-44/ Eduardo A. Aleman, Commission has received no comments nyse201644-1.pdf. Because Amendment No. 1 to the Assistant Secretary. proposed rule change does not materially alter the on the proposed rule change. substance of the proposed rule change or raise [FR Doc. 2017–00220 Filed 1–9–17; 8:45 am] Section 19(b)(2) of the Act 4 provides unique or novel regulatory issues, Amendment No. BILLING CODE 8011–01–P that, within 45 days of the publication 1 is not subject to notice and comment. of notice of the filing of a proposed rule 5 15 U.S.C. 78s(b)(2). 6 See Securities Exchange Act Release No. 78641, change, or within such longer period up 81 FR 59259 (Aug. 29, 2016). to 90 days as the Commission may 7 In Amendment No. 2, the Exchange: (1) Added designate if it finds such longer period the clause ‘‘pursuant to UTP’’ at the end of the to be appropriate and publishes its sentence that states, ‘‘The Exchange would have to reasons for so finding or as to which the file a Form 19b–4(e) with the Commission to trade self-regulatory organization consents, these ETPs;’’ (2) in the first footnote that follows that sentence, deleted the clause ‘‘pursuant to Rule the Commission shall either approve the 19b–4(e);’’ and (3) at the end of that same footnote, proposed rule change, disapprove the added the reference, ‘‘See proposed Rule 5.1(a)(2); proposed rule change, or institute supra note 19 and accompanying text.’’ Amendment No. 2 is available at: https://www.sec.gov/ proceedings to determine whether the comments/sr-nyse-2016-44/nyse201644-2.pdf. proposed rule change should be Because Amendment No. 2 to the proposed rule disapproved. The 45th day after change does not materially alter the substance of publication of the notice for this the proposed rule change or raise unique or novel regulatory issues, Amendment No. 2 is not subject proposed rule change is January 15, to notice and comment. 2017. The Commission is extending this 8 15 U.S.C. 78s(b)(2)(B). 45-day time period. pmangrum on DSK3GDR082PROD with NOTICES 9 See Securities Exchange Act Release No. 79085, The Commission finds that it is 81 FR 71771 (Oct. 18, 2016). Specifically, the appropriate to designate a longer period Commission instituted proceedings to allow for additional analysis of the proposed rule change’s of trade,’’ and ‘‘to protect investors and the public 1 15 consistency with Section 6(b)(5) of the Act, which U.S.C. 78s(b)(1). interest.’’ See id. at 71772. 2 17 CFR 240.19b–4. requires, among other things, that the rules of a 10 15 U.S.C. 78s(b)(2). 3 See Securities Exchange Act Release No. 79400 national securities exchange be ‘‘designed to 11 Id. prevent fraudulent and manipulative acts and (Nov. 25, 2016), 81 FR 86750. practices, to promote just and equitable principles 12 17 CFR 200.30–3(a)(57). 4 15 U.S.C. 78s(b)(2). VerDate Sep<11>2014 14:59 Jan 09, 2017 Jkt 241001 PO 00000 Frm 00130 Fmt 4703 Sfmt 4703 E:\FR\FM\10JAN1.SGM 10JAN1

Federal Register / Vol. 82, No. 6 / Tuesday, January 10, 2017 / Notices 3069 within which to take action on the in the Office of the Legal Adviser, U.S. deadline for formal oral presentations proposed rule change so that it has Department of State (telephone: 202– will be granted as time permits and sufficient time to consider the proposed 632–6471; email: section2459@ assigned based on the order the requests rule change. Accordingly, the state.gov). The mailing address is U.S. are received. All formal oral public Commission, pursuant to Section Department of State, L/PD, SA–5, Suite comments should also be submitted in 19(b)(2) of the Act,5 designates March 1, 5H03, Washington, DC 20522–0505. writing to TIPOutreach@state.gov by 2017, as the date by which the February 1, 2017. Mark Taplin, Written Comments/Statements: In lieu Commission should either approve or disapprove or institute proceedings to Principal Deputy Assistant Secretary, Bureau of, or in addition to, participating in the of Educational and Cultural Affairs, public meeting, interested parties may determine whether to disapprove the Department of State. proposed rule change (File Number SR– submit written comments to [FR Doc. 2017–00189 Filed 1–9–17; 8:45 am] TIPOutreach@state.gov by February 1, NYSEMKT–2016–103). BILLING CODE 4710–05–P 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated Meeting Accommodations: The public authority.6 meeting is physically accessible to DEPARTMENT OF STATE people with disabilities. Request for Eduardo A. Aleman, [Public Notice 9845] sign language interpretation or other Assistant Secretary. auxiliary aids should be directed to [FR Doc. 2017–00222 Filed 1–9–17; 8:45 am] Notice of a Public Meeting and Adam Guarneri at TIPOutreach@ BILLING CODE 8011–01–P Request for Comments on Funding state.gov by January 18, 2017. Initiatives To End Modern Slavery FOR FURTHER INFORMATION CONTACT: SUMMARY: The Department of State is Adam Guarneri, Office to Monitor and DEPARTMENT OF STATE Combat Trafficking in Persons, U.S. issuing this notice to announce a public [Public Notice: 9840] meeting and request for comment on the Department of State, at TIPOutreach@ most effective approaches for awarding state.gov for clarification of content, Notice of Determinations; Culturally public meeting information, or funds for the purpose of reducing the Significant Objects Imported for submission of comment. prevalence of modern slavery globally. Exhibition Determinations: ‘‘Seurat’s SUPPLEMENTARY INFORMATION: Section The award of these funds will respond Circus Sideshow’’ Exhibition 7060(f) of the Department of State, to the requirements in section 7060(f) of SUMMARY: Notice is hereby given of the the Department of State, Foreign Foreign Operations, and Related following determinations: Pursuant to Operations, and Related Programs Programs Appropriations Act, 2016 the authority vested in me by the Act of Appropriations Act, 2016 (Div. K, Pub. (Div. K, Pub. L. 114–13) appropriated October 19, 1965 (79 Stat. 985; 22 U.S.C. L. 114–113) and section 1298 of the $25 million in funds to ‘‘to be awarded 2459), E.O. 12047 of March 27, 1978, the National Defense Authorization Act for on an open and competitive basis, to Foreign Affairs Reform and Fiscal Year 2017 (S. 2943). Interested reduce the prevalence of modern slavery parties may offer oral and/or written globally.’’ The National Defense Restructuring Act of 1998 (112 Stat. comments at a public meeting to be held Authorization Act (NDAA) for Fiscal 2681, et seq.; 22 U.S.C. 6501 note, et on January 25, 2017. Year 2017 (S. 2943) authorized the seq.), Delegation of Authority No. 234 of Department to ‘‘to provide support for October 1, 1999, Delegation of Authority DATES AND LOCATION: A public meeting transformational programs and projects No. 236–3 of August 28, 2000 (and, as will be conducted on January 25, 2017, that seek to achieve a measurable and appropriate, Delegation of Authority No. at 10:00 a.m. EST on the 10th floor in substantial reduction of the prevalence 257 of April 15, 2003), I hereby Room 10000 of the Department of State of modern slavery in targeted determine that the objects to be Annex located at 1800 G Street NW., populations within partner countries (or included in the exhibition ‘‘Seurat’s Washington DC, 20520. jurisdictions thereof).’’ Circus Sideshow,’’ imported from Pre-Registration: The public is asked The State Department seeks public abroad for temporary exhibition within to pre-register by January 18, due to comment on the most effective the United States, are of cultural security and seating limitations. To pre- approaches for awarding funds to significance. The objects are imported register, please send an email to Adam reduce the prevalence of modern pursuant to loan agreements with the Guarneri of the State Department at slavery. The input will be considered in foreign owners or custodians. I also TIPOutreach@state.gov. The pre- the solicitation and selection of determine that the exhibition or display registration request should include the proposals for award of these funds and of the exhibit objects at The first and last name of the attendee(s), in the management of these funds in the Metropolitan Museum of Art, New York, and, if applicable, company or future. New York, from on or about February organization name. Registration check- The Department especially welcomes 17, 2017, until on or about May 29, in will begin at 9:00 a.m. eastern time public comment on the following issues: 2017, and at possible additional and the meeting will start at 10:00 a.m. 1. Focus of program. What areas of exhibitions or venues yet to be and conclude by 12:00 p.m. Attendees program funding would have the determined, is in the national interest. must be prepared to present a form of greatest impact in reducing the I have ordered that Public Notice of government-issued photo identification. prevalence of modern slavery globally? these Determinations be published in Oral Public Comments: Parties 2. Assistance Coordination. What pmangrum on DSK3GDR082PROD with NOTICES the Federal Register. wishing to make formal oral steps could the Department take to FOR FURTHER INFORMATION CONTACT: For presentations at the public meeting ensure this funding complements further information, including a list of must contact Adam Guarneri by email at existing efforts to combat human the imported objects, contact the Office TIPOutreach@state.gov no later than trafficking globally? of Public Diplomacy and Public Affairs January 18, 2017, to be placed on the 3. What other factors/issues should public speaker list. Time allocations for the Department consider in the 5 Id. oral presentations will be limited to five development and management of this 6 17 CFR 200.30–3(a)(31). minutes. Note: Requests made after the award/solicitation? VerDate Sep<11>2014 14:59 Jan 09, 2017 Jkt 241001 PO 00000 Frm 00131 Fmt 4703 Sfmt 4703 E:\FR\FM\10JAN1.SGM 10JAN1


Document Created: 2018-02-01 14:53:50
Document Modified: 2018-02-01 14:53:50
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 3068 
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