82 FR 45922 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 1, To Amend NYSE Arca Equities Rule 8.700 to Reference EURO STOXX 50 Volatility Index Futures and To List and Trade Shares of the ProShares European Volatility Futures ETF
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 189 (October 2, 2017)
Federal Register Volume 82, Issue 189 (October 2, 2017)
| Page Range | 45922-45922 | |
| FR Document | 2017-21000 |
[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)] [Notices] [Page 45922] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-21000] [[Page 45922]] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-81721; File No. SR-NYSEArca-2017-85] Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 1, To Amend NYSE Arca Equities Rule 8.700 to Reference EURO STOXX 50 Volatility Index Futures and To List and Trade Shares of the ProShares European Volatility Futures ETF September 26, 2017. On July 28, 2017, NYSE Arca, Inc. 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 amend NYSE Arca Equities Rule 8.700 to add EURO STOXX 50 Volatility Index (VSTOXX[supreg]) futures to the financial instruments that an issue of Managed Trust Securities may hold; and (2) to list and trade shares of the ProShares European Volatility Futures ETF under proposed amended NYSE Arca Equities Rule 8.700. The proposed rule change was published for comment in the Federal Register on August 16, 2017.\3\ On September 21, 2017, the Exchange submitted Amendment No. 1 to the proposed rule change.\4\ The Commission has received no comment letters on the proposed rule change. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. \3\ See Securities Exchange Act Release No. 81373 (August 10, 2017), 82 FR 38973. \4\ Amendment No. 1 replaces and supersedes the original filing in its entirety. Amendment No. 1 is located at: https://www.sec.gov/comments/sr-nysearca-2017-85/nysearca201785-2589875-161110.pdf. --------------------------------------------------------------------------- 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 September 30, 2017. The Commission is extending this 45-day time period. 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. --------------------------------------------------------------------------- \5\ 15 U.S.C. 78s(b)(2). --------------------------------------------------------------------------- Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,\6\ designates November 14, 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-2017-85), as modified by Amendment No. 1. --------------------------------------------------------------------------- \6\ Id. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\7\ --------------------------------------------------------------------------- \7\ 17 CFR 200.30-3(a)(31). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-21000 Filed 9-29-17; 8:45 am] BILLING CODE 8011-01-P
![45922 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices
SECURITIES AND EXCHANGE a longer period within which to take Bats BYX Exchange, Inc., Bats EDGA
COMMISSION action on the proposed rule change so Exchange, Inc., Bats EDGX Exchange,
that it has sufficient time to consider the Inc., Chicago Stock Exchange, Inc., the
[Release No. 34–81721; File No. SR–
NYSEArca–2017–85]
proposed rule change. Financial Industry Regulatory
Accordingly, the Commission, Authority, Inc. (‘‘FINRA’’), Investors
Self-Regulatory Organizations; NYSE pursuant to Section 19(b)(2) of the Act,6 Exchange LLC, NASDAQ BX, Inc.,
Arca, Inc.; Notice of Designation of a designates November 14, 2017, as the NASDAQ PHLX LLC, The NASDAQ
Longer Period for Commission Action date by which the Commission shall Stock Market LLC (‘‘Nasdaq’’), New
on Proposed Rule Change, as Modified either approve or disapprove or institute York Stock Exchange LLC (‘‘NYSE’’),
by Amendment No. 1, To Amend NYSE proceedings to determine whether to NYSE Arca, Inc., NYSE American LLC,
Arca Equities Rule 8.700 to Reference disapprove the proposed rule change and NYSE National Inc. (collectively,
EURO STOXX 50 Volatility Index (File Number SR–NYSEArca–2017–85), the ‘‘Participants’’) filed with the
Futures and To List and Trade Shares as modified by Amendment No. 1. Securities and Exchange Commission
of the ProShares European Volatility For the Commission, by the Division of (‘‘Commission’’) pursuant to Section
Futures ETF Trading and Markets, pursuant to delegated 11A(a)(3) of the Securities Exchange Act
authority.7 of 1934 (‘‘Exchange Act’’) 2 and Rule 608
September 26, 2017. Eduardo A. Aleman, thereunder,3 a proposal to amend the
On July 28, 2017, NYSE Arca, Inc. Plan (‘‘Fifteenth Amendment’’).4 The
Assistant Secretary.
filed with the Securities and Exchange proposal reflects changes unanimously
[FR Doc. 2017–21000 Filed 9–29–17; 8:45 am]
Commission (‘‘Commission’’), pursuant approved by the Participants. The
BILLING CODE 8011–01–P
to Section 19(b)(1) of the Securities Fifteenth Amendment proposes to
Exchange Act of 1934 (‘‘Act’’) 1 and Rule extend the implementation date for the
19b–4 thereunder,2 a proposed rule twelfth amendment to the Plan
SECURITIES AND EXCHANGE
change to amend NYSE Arca Equities (‘‘Twelfth Amendment’’) and related
COMMISSION
Rule 8.700 to add EURO STOXX 50 changes from the thirteenth amendment
Volatility Index (VSTOXX®) futures to [Release No. 34–81720; File No. 4–631] to the Plan (‘‘Amendment 13 Changes’’)
the financial instruments that an issue set out in the fourteenth amendment to
of Managed Trust Securities may hold; Joint Industry Plan; Notice of Filing the Plan (‘‘Fourteenth Amendment’’), as
and (2) to list and trade shares of the and Immediate Effectiveness of the discussed below.5 The Participants are
ProShares European Volatility Futures Fifteenth Amendment to the National filing the Fifteenth Amendment for
ETF under proposed amended NYSE Market System Plan To Address immediate effectiveness pursuant to
Arca Equities Rule 8.700. The proposed Extraordinary Market Volatility by Bats
rule change was published for comment BZX Exchange, Inc., Bats BYX 2013). On January 7, 2014, the Commission noticed
in the Federal Register on August 16, Exchange, Inc., Bats EDGA Exchange, for immediate effectiveness the Sixth Amendment
Inc., Bats EDGX Exchange, Inc., to the Plan. See Securities Exchange Act Release
2017.3 On September 21, 2017, the No. 71247, 79 FR 2204 (January 13, 2014). On April
Exchange submitted Amendment No. 1 Chicago Stock Exchange, Inc., 3, 2014, the Commission approved the Seventh
to the proposed rule change.4 The Financial Industry Regulatory Amendment to the Plan. See Securities Exchange
Commission has received no comment Authority, Inc., Investors Exchange Act Release No. 71851, 79 FR 19687 (April 9, 2014).
LLC, NASDAQ BX, Inc., NASDAQ PHLX On February 19, 2015, the Commission approved
letters on the proposed rule change. the Eight Amendment to the Plan. See Securities
Section 19(b)(2) of the Act 5 provides LLC, The Nasdaq Stock Market LLC, Exchange Act Release No. 74323, 80 FR 10169
that, within 45 days of the publication NYSE National, Inc., New York Stock (February 25, 2015). On October 22, 2015, the
of notice of the filing of a proposed rule Exchange LLC, NYSE American LLC, Commission approved the Ninth Amendment to the
and NYSE Arca, Inc. Plan. See Securities Exchange Act Release No.
change, or within such longer period up 76244, 80 FR 66099 (October 28, 2015). On April
to 90 days as the Commission may September 26, 2017. 21, 2016, the Commission approved the Tenth
designate if it finds such longer period Amendment to the Plan. See Securities Exchange
to be appropriate and publishes its I. Introduction Act Release No. 77679, 81 FR 24908 (April 27,
2016). On August 26, 2016, the Commission noticed
reasons for so finding or as to which the On August 31, 2017, NYSE Group, for immediate effectiveness the Eleventh
self-regulatory organization consents, Inc., on behalf of the following parties Amendment to the Plan. See Securities Exchange
the Commission shall either approve the to the National Market System Plan to Act Release No. 78703, 81 FR 60397 (September 1,
proposed rule change, disapprove the 2016). On January 19, 2017, the Commission
Address Extraordinary Market Volatility approved the Twelfth Amendment to the Plan. See
proposed rule change, or institute (‘‘the Plan’’): 1 Bats BZX Exchange, Inc., Securities Exchange Act Release No. 79845, 82 FR
proceedings to determine whether the 8551 (January 26, 2017). On April 13, 2017, the
proposed rule change should be 6 Id. Commission approved the Thirteenth Amendment
disapproved. The 45th day after 7 17 CFR 200.30–3(a)(31). to the Plan. See Securities Exchange Act Release
No. 80455, 82 FR 18519 (April 19, 2017). On April
publication of the notice for this 1 On May 31, 2012, the Commission approved the
28, 2017, the Commission noticed for immediate
proposed rule change is September 30, Plan, as modified by Amendment No. 1. See
effectiveness the Fourteenth Amendment to the
Securities Exchange Act Release No. 67091, 77 FR
2017. The Commission is extending this 33498 (June 6, 2012) (File No. 4–631). On February
Plan. See Securities Exchange Act Release No.
45-day time period. The Commission 80549, 82 FR 20928 (May 4, 2017).
20, 2013, the Commission noticed for immediate 2 15 U.S.C 78k–1(a)(3).
finds that it is appropriate to designate effectiveness the Second Amendment to the Plan.
3 17 CFR 242.608.
See Securities Exchange Act Release No. 68953, 78
4 See Letter from Elizabeth King, General Counsel
1 15 FR 13113 (February 26, 2013). On April 3, 2013, the
U.S.C. 78s(b)(1). and Corporate Secretary, NYSE, to Brent Fields,
Commission approved the Third Amendment to the
sradovich on DSK3GMQ082PROD with NOTICES
2 17 CFR 240.19b–4. Plan. See Securities Exchange Act Release No. Secretary, Commission, dated August 30, 2017
3 See Securities Exchange Act Release No. 81373
69287, 78 FR 21483 (April 10, 2013). On August 27, (‘‘Transmittal Letter’’).
(August 10, 2017), 82 FR 38973. 2013, the Commission noticed for immediate 5 The Participants also propose a non-substantive
4 Amendment No. 1 replaces and supersedes the
effectiveness the Fourth Amendment to the Plan. amendment to the Plan text to reflect the name
original filing in its entirety. Amendment No. 1 is See Securities Exchange Act Release No. 70273, 78 change of NYSE MKT LLC to NYSE American LLC.
located at: https://www.sec.gov/comments/sr- FR 54321 (September 3, 2013). On September 26, See Securities Exchange Act Release No. Securities
nysearca-2017-85/nysearca201785-2589875- 2013, the Commission approved the Fifth Exchange Act Release No. 80283 (March 21, 2017),
161110.pdf. Amendment to the Plan. See Securities Exchange 82 FR 15244 (March 27, 2017) (SR–NYSEMKT–
5 15 U.S.C. 78s(b)(2). Act Release No. 70530, 78 FR 60937 (October 2, 2017–14).
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Document Created: 2017-09-30 04:41:14
Document Modified: 2017-09-30 04:41:14
| 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 45922 |
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