82 FR 39473 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Extend the Implementation Date For Certain Changes to Exchange Rules 14.11 and 14.12

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 159 (August 18, 2017)

Page Range		39473-39475
FR Document		2017-17432

Federal Register, Volume 82 Issue 159 (Friday, August 18, 2017)

[Federal Register Volume 82, Number 159 (Friday, August 18, 2017)]
[Notices]
[Pages 39473-39475]
From the Federal Register Online [www.thefederalregister.org]
[FR Doc No: 2017-17432]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81387; File No. SR-BatsBZX-2017-50]

Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of
Filing of a Proposed Rule Change To Extend the Implementation Date For
Certain Changes to Exchange Rules 14.11 and 14.12

August 14, 2017.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on July 31, 2017, Bats BZX Exchange, Inc. (``Exchange'' or ``BZX'')
filed with the Securities and Exchange Commission (``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\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

The Exchange filed a proposal to extend the date on which certain
changes to Exchange Rules 14.11 and 14.12 would be implemented.
The text of the proposed rule change is available at the Exchange's
Web site at www.bats.com, at the principal office of the Exchange, and
at the Commission's Public Reference Room.

[[Page 39474]]

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 Exchange 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 these 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
On November 18, 2016 the Exchange filed a proposed rule change, as
subsequently amended by Amendments No. 1 and 2 thereto (as amended, the
``Proposed Rule Change''), to adopt certain changes to Exchange Rules
14.11 and 14.12 to add additional continued listing standards for
exchange-traded products (``ETP'') as well as clarify the procedures
that the Exchange will undertake when an ETP is noncompliant with
applicable rules. Given the scope of the amendments specified in the
Proposed Rule Change, the Exchange proposed that such amendments not be
implemented until October 1, 2017. On March 7, 2017, the Commission
granted approval of the Proposed Rule Change, including the October 1,
2017 implementation date. The Exchange now proposes to extend the
implementation date of the amendments specified in the Proposed Rule
Change to July 1, 2018.\3\
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\3\ See Securities Exchange Act Release No. 80169 (March 7,
2017), 82 FR 13536 (March 13, 2017) (SR-BatsBZX-2016-80).
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Since the Proposed Rule Change was approved, the Exchange has
engaged in extensive conversations with issuers of listed ETPs,
industry advocacy groups and index providers to discuss the new rule
requirements and offer guidance on rule interpretation and application.
As a result of these conversations, ETP issuers have expressed concern
about their ability to have in place systems and procedures to ensure
compliance by the current October 1, 2017 implementation date. In
particular, listed ETP issuers, and industry advocacy groups on their
behalf, have explained that issuers will require time to design and
test new compliance systems as well as engage in discussions with
third-party providers to source and track new data elements required
for rule compliance.\4\
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\4\ See, for example, Letter, dated July 11, 2017, from Dorothy
Donohue, Acting General Counsel, Investment Company Institute to
Brent J. Fields, Secretary, Securities and Exchange Commission,
available at https://www.sec.gov/comments/sr-nasdaq-2016-135/nasdaq2016135-1846208-155175.pdf.
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The Exchange believes it is appropriate to extend the
implementation date of the Proposed Rule Change to July 1, 2018 to
provide listed ETP issuers with the time needed to develop and test
their compliance procedures. In support of its proposal, the Exchange
notes that the Proposed Rule Change imposes significant new compliance
requirements on issuers that they have not been subject to previously.
To meet these new compliance requirements, issuers must develop
internal systems as well as coordinate with third-party service
providers, such as index providers, to develop procedures by which they
can obtain essential data. Listed issuers have informed the Exchange
that they are unable to complete this extensive project by the pending
October 1, 2017 implementation date. The Exchange believes that it is
critical for listed ETP issuers to have the appropriate procedures and
systems in place to monitor and evidence ETP compliance with the new
continued listing rules before such rules are implemented. Therefore,
the Exchange proposes to extend the implementation date for the
Proposed Rule Change until July 1, 2018.
2. Statutory Basis
The Exchange believes that the proposal is consistent with Section
6(b) of the Act \5\ in general and Section 6(b)(5) of the Act \6\ in
particular in that it is designed to prevent fraudulent and
manipulative acts and practices, to promote just and equitable
principles of trade, to foster cooperation and coordination with
persons engaged in facilitating transactions in securities, to remove
impediments to and perfect the mechanism of a free and open market and
a national market system and, in general, to protect investors and the
public interest.
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\5\ 15 U.S.C. 78f [sic].
\6\ 15 U.S.C. 78f(b)(5).
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The Exchange believes that the proposed amendment is consistent
with the protection of investors because it will enable listed issuers
to have the systems and procedures needed to monitor and evidence
compliance with the Proposed Rule Change prior to such rule being
implemented. Providing listed issuers with additional time to ensure
that they have adequate compliance systems in place furthers the
protection of investors and the public interest because it will enhance
investor confidence that listed issuers are complying with Exchange
rules.
For the above reasons, the Exchange believes that the proposed rule
change is consistent with the requirements of Section 6(b)(5) of the
Act.

(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 purpose of the Act. The Exchange notes that the
proposed rule change will facilitate listed ETP issuers' ability to
monitor and evidence compliance with approved continued listing rules
by providing issuers with additional time to develop and test their
internal systems and procedures prior to the implementation date.

(C) Self-Regulatory Organization's Statement on Comments on the
Proposed Rule Change Received From Members, Participants or Others

The Exchange received a copy of a letter from the Investment
Company Institute, on behalf of listed ETP issuers, to the Securities
Exchange [sic] Commission.\7\ As described in Item 3 [sic], above, the
Investment Company Institute detailed challenges that listed ETP
issuers are facing in developing compliance systems to address the
amendments contained in the Proposed Rule Change and have requested
that the implementation date for such amendments be extended to July 1,
2018.
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\7\ See Footnote 4, infra. [sic]
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III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period up to 90 days (i) as the
Commission may designate if it finds such longer period to be
appropriate and publishes its reasons for so finding, or (ii) as to
which the self-regulatory organization consents, the Commission will:
(A) By order approve or disapprove the proposed rule change; or
(B) institute proceedings to determine whether the proposed rule
change should be disapproved.

[[Page 39475]]

IV. Solicitation of Comments

Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the proposal 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 rule-comments@sec.gov. Please include
File No. SR-BatsBZX-2017-50 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 No. SR-BatsBZX-2017-50. 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 will also be available
for inspection and copying at the principal office 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 No. SR-BatsBZX-2017-50 and should be
submitted on or before September 8, 2017.
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\8\ 17 CFR 200.30-3(a)(12).

For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-17432 Filed 8-17-17; 8:45 am]
BILLING CODE 8011-01-P

Federal Register / Vol. 82, No. 159 / Friday, August 18, 2017 / Notices 39473

of the purposes of the Act. The At any time within 60 days of the office of the Exchange. All comments
proposed rule change is not designed to filing of the proposed rule change, the received will be posted without change;
address any competitive issue but rather Commission summarily may the Commission does not edit personal
would provide members and other temporarily suspend such rule change if identifying information from
market participants with information it appears to the Commission that such submissions. You should submit only
about when Nasdaq will utilize its action is: (i) Necessary or appropriate in information that you wish to make
Secondary Source of data. The Exchange the public interest; (ii) for the protection available publicly. All submissions
believes that this change will increase of investors; or (iii) otherwise in should refer to File Number SR–
transparency around the operation of furtherance of the purposes of the Act. NASDAQ–2017–082 and should be
the Exchange without any significant If the Commission takes such action, the submitted on or before September 8,
impact on competition. Commission shall institute proceedings 2017.
to determine whether the proposed rule
C. Self-Regulatory Organization’s For the Commission, by the Division of
should be approved or disapproved.
Statement on Comments on the Trading and Markets, pursuant to delegated
Proposed Rule Change Received From IV. Solicitation of Comments authority.16
Members, Participants, or Others Interested persons are invited to Eduardo A. Aleman,
No written comments were either submit written data, views, and Assistant Secretary.
solicited or received. arguments concerning the foregoing, [FR Doc. 2017–17435 Filed 8–17–17; 8:45 am]
III. Date of Effectiveness of the including whether the proposed rule
BILLING CODE 8011–01–P
Proposed Rule Change and Timing for change is consistent with the Act.
Commission Action Comments may be submitted by any of
the following methods: SECURITIES AND EXCHANGE
Because the foregoing proposed rule
change does not: (i) Significantly affect Electronic Comments COMMISSION
the protection of investors or the public • Use the Commission’s Internet
interest; (ii) impose any significant comment form (http://www.sec.gov/ [Release No. 34–81387; File No. SR-
burden on competition; and (iii) become rules/sro.shtml); or BatsBZX–2017–50]
operative for 30 days from the date on • Send an email to rule-comments@
which it was filed, or such shorter time sec.gov. Please include File Number SR– Self-Regulatory Organizations; Bats
as the Commission may designate, it has NASDAQ–2017–082 on the subject line. BZX Exchange, Inc.; Notice of Filing of
become effective pursuant to Section a Proposed Rule Change To Extend
19(b)(3)(A)(iii) of the Act 11 and Paper Comments the Implementation Date For Certain
subparagraph (f)(6) of Rule 19b–4 • Send paper comments in triplicate Changes to Exchange Rules 14.11 and
thereunder.12 to Secretary, Securities and Exchange 14.12
A proposed rule change filed Commission, 100 F Street NE.,
pursuant to Rule 19b–4(f)(6) under the Washington, DC 20549–1090. August 14, 2017.
Act 13 normally does not become All submissions should refer to File Pursuant to Section 19(b)(1) of the
operative for 30 days after the date of its Number SR–NASDAQ–2017–082. This Securities Exchange Act of 1934
filing. However, Rule 19b–4(f)(6)(iii) 14 file number should be included on the (‘‘Act’’),1 and Rule 19b–4 thereunder,2
permits the Commission to designate a subject line if email is used. To help the notice is hereby given that on July 31,
shorter time if such action is consistent Commission process and review your 2017, Bats BZX Exchange, Inc.
with the protection of investors and the comments more efficiently, please use (‘‘Exchange’’ or ‘‘BZX’’) filed with the
public interest. The Exchange has asked only one method. The Commission will Securities and Exchange Commission
the Commission to waive the 30-day post all comments on the Commission’s (‘‘Commission’’) the proposed rule
operative delay. The Commission Internet Web site (http://www.sec.gov/
believes that waiving the 30-day change as described in Items I and II
rules/sro.shtml). Copies of the below, which Items have been prepared
operative delay is consistent with the submission, all subsequent
protection of investors and the public by the Exchange. The Commission is
amendments, all written statements
interest as it will allow the Exchange to publishing this notice to solicit
with respect to the proposed rule
clarify the conditions under which the change that are filed with the comments on the proposed rule change
Secondary Source of data may be Commission, and all written from interested persons.
elected and increase transparency of the communications relating to the I. Self-Regulatory Organization’s
operation of the Exchange. Accordingly, proposed rule change between the Statement of the Terms of Substance of
the Commission hereby waives the Commission and any person, other than the Proposed Rule Change
operative delay and designates the those that may be withheld from the
proposal operative upon filing.15 public in accordance with the The Exchange filed a proposal to
provisions of 5 U.S.C. 552, will be extend the date on which certain
11 15 U.S.C. 78s(b)(3)(A)(iii). available for Web site viewing and changes to Exchange Rules 14.11 and
12 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give
printing in the Commission’s Public 14.12 would be implemented.
the Commission written notice of its intent to file Reference Room, 100 F Street NE., The text of the proposed rule change
the proposed rule change, along with a brief Washington, DC 20549, on official
is available at the Exchange’s Web site
mstockstill on DSK30JT082PROD with NOTICES

description and the text of the proposed rule business days between the hours of
change, at least five business days prior to the date at www.bats.com, at the principal office
10:00 a.m. and 3:00 p.m. Copies of the
of filing of the proposed rule change, or such
filing also will be available for of the Exchange, and at the
shorter time as designated by the Commission. The Commission’s Public Reference Room.
Exchange has satisfied this requirement. inspection and copying at the principal
13 17 CFR 240.19b–4(f)(6).
14 17 CFR 240.19b–4(f)(6)(iii). 16 17 CFR 200.30–3(a)(12).
considered the proposed rule’s impact on
15 For purposes only of waiving the 30-day 1 15 U.S.C. 78s(b)(1).
efficiency, competition, and capital formation. See
operative delay, the Commission has also 15 U.S.C. 78c(f). 2 17 CFR 240.19b–4.

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39474 Federal Register / Vol. 82, No. 159 / Friday, August 18, 2017 / Notices

II. Self-Regulatory Organization’s with third-party providers to source and listed issuers with additional time to
Statement of the Purpose of, and track new data elements required for ensure that they have adequate
Statutory Basis for, the Proposed Rule rule compliance.4 compliance systems in place furthers
Change The Exchange believes it is the protection of investors and the
In its filing with the Commission, the appropriate to extend the public interest because it will enhance
Exchange included statements implementation date of the Proposed investor confidence that listed issuers
concerning the purpose of and basis for Rule Change to July 1, 2018 to provide are complying with Exchange rules.
the proposed rule change and discussed listed ETP issuers with the time needed
For the above reasons, the Exchange
any comments it received on the to develop and test their compliance
believes that the proposed rule change
proposed rule change. The text of these procedures. In support of its proposal,
is consistent with the requirements of
statements may be examined at the the Exchange notes that the Proposed
Section 6(b)(5) of the Act.
places specified in Item IV below. The Rule Change imposes significant new
Exchange has prepared summaries, set compliance requirements on issuers that (B) Self-Regulatory Organization’s
forth in Sections A, B, and C below, of they have not been subject to Statement on Burden on Competition
the most significant parts of such previously. To meet these new
compliance requirements, issuers must The Exchange does not believe that
statements. the proposed rule change will impose
develop internal systems as well as
(A) Self-Regulatory Organization’s coordinate with third-party service any burden on competition that is not
Statement of the Purpose of, and providers, such as index providers, to necessary or appropriate in furtherance
Statutory Basis for, the Proposed Rule develop procedures by which they can of the purpose of the Act. The Exchange
Change obtain essential data. Listed issuers have notes that the proposed rule change will
informed the Exchange that they are facilitate listed ETP issuers’ ability to
1. Purpose monitor and evidence compliance with
unable to complete this extensive
On November 18, 2016 the Exchange project by the pending October 1, 2017 approved continued listing rules by
filed a proposed rule change, as implementation date. The Exchange providing issuers with additional time
subsequently amended by Amendments believes that it is critical for listed ETP to develop and test their internal
No. 1 and 2 thereto (as amended, the issuers to have the appropriate systems and procedures prior to the
‘‘Proposed Rule Change’’), to adopt procedures and systems in place to implementation date.
certain changes to Exchange Rules 14.11 monitor and evidence ETP compliance
and 14.12 to add additional continued (C) Self-Regulatory Organization’s
with the new continued listing rules
listing standards for exchange-traded Statement on Comments on the
before such rules are implemented.
products (‘‘ETP’’) as well as clarify the Proposed Rule Change Received From
Therefore, the Exchange proposes to
procedures that the Exchange will Members, Participants or Others
extend the implementation date for the
undertake when an ETP is Proposed Rule Change until July 1, The Exchange received a copy of a
noncompliant with applicable rules. 2018. letter from the Investment Company
Given the scope of the amendments
2. Statutory Basis Institute, on behalf of listed ETP issuers,
specified in the Proposed Rule Change,
to the Securities Exchange [sic]
the Exchange proposed that such The Exchange believes that the Commission.7 As described in Item 3
amendments not be implemented until proposal is consistent with Section 6(b) [sic], above, the Investment Company
October 1, 2017. On March 7, 2017, the of the Act 5 in general and Section Institute detailed challenges that listed
Commission granted approval of the 6(b)(5) of the Act 6 in particular in that ETP issuers are facing in developing
Proposed Rule Change, including the it is designed to prevent fraudulent and compliance systems to address the
October 1, 2017 implementation date. manipulative acts and practices, to amendments contained in the Proposed
The Exchange now proposes to extend promote just and equitable principles of Rule Change and have requested that
the implementation date of the trade, to foster cooperation and the implementation date for such
amendments specified in the Proposed coordination with persons engaged in amendments be extended to July 1,
Rule Change to July 1, 2018.3 facilitating transactions in securities, to 2018.
Since the Proposed Rule Change was remove impediments to and perfect the
approved, the Exchange has engaged in mechanism of a free and open market III. Date of Effectiveness of the
extensive conversations with issuers of and a national market system and, in Proposed Rule Change and Timing for
listed ETPs, industry advocacy groups general, to protect investors and the Commission Action
and index providers to discuss the new public interest.
rule requirements and offer guidance on The Exchange believes that the Within 45 days of the date of
rule interpretation and application. As a proposed amendment is consistent with publication of this notice in the Federal
result of these conversations, ETP the protection of investors because it Register or within such longer period
issuers have expressed concern about will enable listed issuers to have the up to 90 days (i) as the Commission may
their ability to have in place systems systems and procedures needed to designate if it finds such longer period
and procedures to ensure compliance by monitor and evidence compliance with to be appropriate and publishes its
the current October 1, 2017 the Proposed Rule Change prior to such reasons for so finding, or (ii) as to which
implementation date. In particular, rule being implemented. Providing the self-regulatory organization
listed ETP issuers, and industry consents, the Commission will:
mstockstill on DSK30JT082PROD with NOTICES

advocacy groups on their behalf, have 4 See, for example, Letter, dated July 11, 2017,
(A) By order approve or disapprove
explained that issuers will require time from Dorothy Donohue, Acting General Counsel,
Investment Company Institute to Brent J. Fields,
the proposed rule change; or
to design and test new compliance Secretary, Securities and Exchange Commission, (B) institute proceedings to determine
systems as well as engage in discussions available at https://www.sec.gov/comments/sr- whether the proposed rule change
nasdaq-2016-135/nasdaq2016135-1846208-
3 See Securities Exchange Act Release No. 80169 155175.pdf. should be disapproved.
5 15 U.S.C. 78f [sic].
(March 7, 2017), 82 FR 13536 (March 13, 2017) (SR-
BatsBZX–2016–80). 6 15 U.S.C. 78f(b)(5). 7 See Footnote 4, infra. [sic]

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Federal Register / Vol. 82, No. 159 / Friday, August 18, 2017 / Notices 39475

IV. Solicitation of Comments For the Commission, by the Division of practical utility; (b) the accuracy of the
Trading and Markets, pursuant to delegated agency’s estimate of the burden imposed
Interested persons are invited to authority.8 by the collection of information; (c)
submit written data, views and Eduardo A. Aleman, ways to enhance the quality, utility, and
arguments concerning the foregoing, Assistant Secretary. clarity of the information collected; and
including whether the proposal is [FR Doc. 2017–17432 Filed 8–17–17; 8:45 am] (d) ways to minimize the burden of the
consistent with the Act. Comments may BILLING CODE 8011–01–P collection of information on
be submitted by any of the following respondents, including through the use
methods: of automated collection techniques or
SECURITIES AND EXCHANGE other forms of information technology.
Electronic Comments COMMISSION Background documentation for this
• Use the Commission’s Internet information collection may be viewed at
Submission for OMB Review; the following Web site:
comment form (http://www.sec.gov/ Comment Request
rules/sro.shtml); or www.reginfo.gov. Comments should be
Upon Written Request, Copies Available directed to: (i) Desk Officer for the
• Send an email to rule-comments@ Securities and Exchange Commission,
From: Securities and Exchange
sec.gov. Please include File No. SR– Office of Information and Regulatory
Commission, Office of FOIA Services,
BatsBZX–2017–50 on the subject line. Affairs, Office of Management and
100 F Street NE., Washington, DC
Paper Comments 20549–2736. Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
Extension:
• Send paper comments in triplicate Electronic Data Collection System, SEC
or by sending an email to: Shagufta_
to Secretary, Securities and Exchange File No. 270–621, OMB Control No. Ahmed@omb.eop.gov; and (ii) Pamela
Commission, 100 F Street NE., 3235–0672 Dyson, Director/Chief Information
Washington, DC 20549–1090. Notice is hereby given that, pursuant Officer, Securities and Exchange
to the Paperwork Reduction Act of 1995 Commission, c/o Remi Pavlik-Simon,
All submissions should refer to File No. 100 F St. NE., Washington, DC 20549 or
SR–BatsBZX–2017–50. This file number (44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission send an email to: PRA_Mailbox@
should be included on the subject line sec.gov. Comments must be submitted to
if email is used. To help the (‘‘Commission’’) is soliciting comments
on the collection of information OMB within 30 days of this notice.
Commission process and review your Dated: August 15, 2017.
summarized below. The Commission
comments more efficiently, please use
plans to submit an extension for this Eduardo A. Aleman,
only one method. The Commission will current collection of information to the Assistant Secretary.
post all comments on the Commission’s Office of Management and Budget for [FR Doc. 2017–17503 Filed 8–17–17; 8:45 am]
Internet Web site (http://www.sec.gov/ approval. BILLING CODE 8011–01–P
rules/sro.shtml). Copies of the The Commission invites comment on
submission, all subsequent updates to its Electronic Data Collection
amendments, all written statements System database (the Database), which SECURITIES AND EXCHANGE
with respect to the proposed rule will support information provided by COMMISSION
change that are filed with the members of the public who would like
Commission, and all written to file an online tip, complaint or [Investment Company Act Release No.
32778; File No. 812–14748]
communications relating to the referral (TCR) to the Commission. The
proposed rule change between the Database will be a web based e-filed Advanced Series Trust, et al.
Commission and any person, other than dynamic report based on technology
those that may be withheld from the that pre-populates and establishes a August 15, 2017.
public in accordance with the series of questions based on the data AGENCY: Securities and Exchange
provisions of 5 U.S.C. 552, will be that the individual enters. The Commission (‘‘Commission’’).
available for Web site viewing and individual will then complete specific ACTION: Notice.
printing in the Commission’s Public information on the subject(s) and nature
Reference Room, 100 F Street NE., of the suspicious activity, using the data Notice of an application for an order
elements appropriate to the type of under section 12(d)(1)(J) of the
Washington, DC 20549, on official
complaint or subject. The information Investment Company Act of 1940 (the
business days between the hours of
collection is voluntary. The public ‘‘Act’’) for an exemption from sections
10:00 a.m. and 3:00 p.m. Copies of such
interface to the Database will be 12(d)(1)(A), (B), and (C) of the Act and
filing will also be available for under sections 6(c) and 17(b) of the Act
available using the agency’s Web site,
inspection and copying at the principal for an exemption from sections 17(a)(1)
www.sec.gov. The Commission
office of the Exchange. All comments estimates that it takes a complainant, on and (2) of the Act. The requested order
received will be posted without change; average, 30 minutes to submit a TCR would permit certain registered open-
the Commission does not edit personal through the Database. Based on the end investment companies to acquire
identifying information from receipt of an average of approximately shares of certain registered open-end
submissions. You should submit only 16,000 annual TCRs for the past three investment companies, registered
information that you wish to make fiscal years, the Commission estimates closed-end investment companies, and
mstockstill on DSK30JT082PROD with NOTICES

available publicly. All submissions that the annual reporting burden is business development companies, as
should refer to File No. SR–BatsBZX– 8,000 hours. defined in section 2(a)(48) of the Act
2017–50 and should besubmitted on or Written comments are invited on: (a) (‘‘BDCs’’) and registered unit investment
before September 8, 2017. Whether this collection of information trusts (collectively, ‘‘Underlying
is necessary for the proper performance Funds’’), that are within and outside the
of the functions of the agency, including same group of investment companies as
8 17 CFR 200.30–3(a)(12). whether the information will have the acquiring investment companies, in

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Document Created: 2017-08-18 07:40:24
Document Modified: 2017-08-18 07:40:24

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		82 FR 39473