82 FR 32596 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change for a New NYSE Arca Rule 11.6900 and a New NYSE Arca Equities Rule 6.6900 To Establish the Procedures for Resolving Potential Disputes Related to CAT Fees Charged to Industry Members

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 134 (July 14, 2017)

Page Range		32596-32596
FR Document		2017-14777

Federal Register, Volume 82 Issue 134 (Friday, July 14, 2017)

[Federal Register Volume 82, Number 134 (Friday, July 14, 2017)]
[Notices]
[Page 32596]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-14777]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81113; File No. SR-NYSEArca-2017-60]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change for a New NYSE Arca Rule 11.6900 and a New NYSE Arca Equities 
Rule 6.6900 To Establish the Procedures for Resolving Potential 
Disputes Related to CAT Fees Charged to Industry Members

July 10, 2017.
    On May 16, 2017, NYSE Arca, Inc. (``NYSE Arca'' or the 
``Exchange'') filed with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'' or ``Exchange Act'') \1\ and Rule 19b-4 
thereunder,\2\ a proposed rule change to adopt NYSE Arca Rule 11.6900 
and NYSE Arca Equities Rule 6.6900. The proposed rule change was 
published for comment in the Federal Register on June 1, 2017.\3\ The 
Commission received no comment letters on the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 80781 (May 26, 2017), 82 
FR 25369 (``Notice'').
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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 
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. The 
proposed rule change would establish the procedures for resolving 
potential disputes related to CAT Fees charged to Industry Members.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates August 30, 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-NYSEArca-2017-60).
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    \5\ 15 U.S.C. 78s(b)(2).

    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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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2017-14777 Filed 7-13-17; 8:45 am]
 BILLING CODE 8011-01-P

32596 Federal Register / Vol. 82, No. 134 / Friday, July 14, 2017 / Notices

The Commission believes that waiver subject line if email is used. To help the Exchange Act of 1934 (‘‘Act’’ or
the 30-day operative delay is consistent Commission process and review your ‘‘Exchange Act’’) 1 and Rule 19b–4
with the protection of investors and the comments more efficiently, please use thereunder,2 a proposed rule change to
public interest because this waiver will only one method. The Commission will adopt NYSE Arca Rule 11.6900 and
enable the Exchange to permit Market post all comments on the Commission’s NYSE Arca Equities Rule 6.6900. The
Makers to utilize the SQF protocol to Internet Web site (http://www.sec.gov/ proposed rule change was published for
submit Immediate-or-Cancel Orders, rules/sro.shtml). Copies of the comment in the Federal Register on
thereby allowing Market Makers to submission, all subsequent June 1, 2017.3 The Commission received
manage their risk through a single amendments, all written statements no comment letters on the proposed rule
protocol for entering orders and with respect to the proposed rule change.
quotations and comply with their change that are filed with the
continuous quoting requirements. The Commission, and all written Section 19(b)(2) of the Act 4 provides
Commission notes that Market Makers communications relating to the that, within 45 days of the publication
are sophisticated market participants proposed rule change between the of notice of the filing of a proposed rule
that have alternative methods to manage Commission and any person, other than change, or within such longer period up
risk and that the Exchange will continue those that may be withheld from the to 90 days as the Commission may
to assess the need for additional risk public in accordance with the designate if it finds such longer period
protections that may be appropriate, provisions of 5 U.S.C. 552, will be to be appropriate and publishes its
including for Immediate-or-Cancel available for Web site viewing and reasons for so finding or as to which the
Orders submitted through SQF. For this printing in the Commission’s Public self-regulatory organization consents,
reason, the Commission hereby waives Reference Room, 100 F Street NE., the Commission shall either approve the
the 30-day operative delay requirement Washington, DC 20549 on official proposed rule change, disapprove the
and designates the proposed rule change business days between the hours of proposed rule change, or institute
as operative upon filing.18 10:00 a.m. and 3:00 p.m. Copies of such proceedings to determine whether the
At any time within 60 days of the filing also will be available for proposed rule change should be
filing of such proposed rule change, the inspection and copying at the principal
Commission summarily may disapproved. The Commission is
office of the Exchange. All comments extending this 45-day time period.
temporarily suspend such rule change if received will be posted without change;
it appears to the Commission that such the Commission does not edit personal The Commission finds that it is
action is necessary or appropriate in the identifying information from appropriate to designate a longer period
public interest, for the protection of submissions. You should submit only within which to take action on the
investors, or otherwise in furtherance of information that you wish to make proposed rule change so that it has
the purposes of the Act. If the available publicly. All submissions sufficient time to consider the proposed
Commission takes such action, the should refer to File Number SR–GEMX– rule change. The proposed rule change
Commission shall institute proceedings 2017–28, and should be submitted on or would establish the procedures for
under Section 19(b)(2)(B) 19 of the Act to before August 4, 2017. resolving potential disputes related to
determine whether the proposed rule CAT Fees charged to Industry Members.
should be approved or disapproved. For the Commission, by the Division of
Trading and Markets, pursuant to delegated Accordingly, the Commission,
IV. Solicitation of Comments authority.20 pursuant to Section 19(b)(2) of the Act,5
Interested persons are invited to Jill M. Peterson, designates August 30, 2017, as the date
submit written data, views, and Assistant Secretary. by which the Commission should either
arguments concerning the foregoing, [FR Doc. 2017–14756 Filed 7–13–17; 8:45 am] approve or disapprove or institute
including whether the proposed rule BILLING CODE 8011–01–P proceedings to determine whether to
change is consistent with the Act. disapprove the proposed rule change
Comments may be submitted by any of (File Number SR–NYSEArca–2017–60).
the following methods: SECURITIES AND EXCHANGE
For the Commission, by the Division of
COMMISSION
Electronic Comments Trading and Markets, pursuant to delegated
• Use the Commission’s Internet [Release No. 34–81113; File No. SR– authority.6
comment form (http://www.sec.gov/ NYSEArca–2017–60] Jill M. Peterson,
rules/sro.shtml); or Self-Regulatory Organizations; NYSE Assistant Secretary.
• Send an email to rule-comments@ [FR Doc. 2017–14777 Filed 7–13–17; 8:45 am]
Arca, Inc.; Notice of Designation of a
sec.gov. Please include File Number SR–
Longer Period for Commission Action BILLING CODE 8011–01–P
GEMX–2017–28 on the subject line.
on a Proposed Rule Change for a New
Paper Comments NYSE Arca Rule 11.6900 and a New
• Send paper comments in triplicate NYSE Arca Equities Rule 6.6900 To
to Brent J. Fields, Secretary, Securities Establish the Procedures for Resolving
and Exchange Commission, 100 F Street Potential Disputes Related to CAT
NE., Washington, DC 20549–1090. Fees Charged to Industry Members
All submissions should refer to File July 10, 2017.
mstockstill on DSK30JT082PROD with NOTICES

Number SR–GEMX–2017–28. This file On May 16, 2017, NYSE Arca, Inc. 1 15 U.S.C. 78s(b)(1).
number should be included on the (‘‘NYSE Arca’’ or the ‘‘Exchange’’) filed 2 17 CFR 240.19b–4.
with the Securities and Exchange 3 Securities Exchange Act Release No. 80781 (May
18 For purposes only of waiving the 30-day

operative delay, the Commission has considered the
Commission (‘‘Commission’’), pursuant 26, 2017), 82 FR 25369 (‘‘Notice’’).
proposed rule’s impact on efficiency, competition, to Section 19(b)(1) of the Securities 4 15 U.S.C. 78s(b)(2).

5 15 U.S.C. 78s(b)(2).
and capital formation. See 15 U.S.C. 78c(f).
19 15 U.S.C. 78s(b)(2)(B). 20 17 CFR 200.30–3(a)(12). 6 17 CFR 200.30–3(a)(31).

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Document Created: 2018-10-24 11:16:51
Document Modified: 2018-10-24 11:16:51

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 32596