82 FR 49252 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of Specified Series of the Innovator Shield Strategy S&P 500 Monthly Index Series and Innovator Ultra Shield Strategy S&P 500 Monthly Index Series Under Rule 14.11(c)(3)

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 204 (October 24, 2017)

Page Range		49252-49253
FR Document		2017-22974

Federal Register, Volume 82 Issue 204 (Tuesday, October 24, 2017)

[Federal Register Volume 82, Number 204 (Tuesday, October 24, 2017)]
[Notices]
[Pages 49252-49253]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-22974]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81895; File No. SR-BatsBZX-2017-56]


Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To List and Trade Shares of Specified Series of the Innovator 
Shield Strategy S&P 500 Monthly Index Series and Innovator Ultra Shield 
Strategy S&P 500 Monthly Index Series Under Rule 14.11(c)(3)

October 18, 2017.
    On August 22, 2017, Bats BZX Exchange, Inc. (``Exchange'' or 
``BZX'') 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 list and trade shares of specified series of 
the Innovator Shield Strategy S&P 500 Monthly Index Series and 
Innovator Ultra Shield Strategy S&P 500 Monthly Index Series under BZX 
Rule 14.11(c)(3). The proposed rule change was published for comment in 
the Federal Register on September 5, 2017.\3\ The Commission 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. 81495 (August 29, 
2017), 82 FR 42003.
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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 for this filing is October 20, 2017.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. 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 
Exchange's proposal, as described above. Accordingly, pursuant to 
Section 19(b)(2) of the Act,\5\ the Commission designates December 4, 
2017, as the date by which the

[[Page 49253]]

Commission shall either approve or disapprove or institute proceedings 
to determine whether to disapprove the proposed rule change (File No. 
SR-BatsBZX-2017-56).
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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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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-22974 Filed 10-23-17; 8:45 am]
 BILLING CODE 8011-01-P

49252 Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices

Development and Implementation arguments concerning the foregoing, SECURITIES AND EXCHANGE
Phases including whether the proposed OLPP COMMISSION
Not applicable. Amendment is consistent with the Act.
[Release No. 34–81895; File No. SR–
Comments may be submitted by any of BatsBZX–2017–56]
Analysis of Impact on Competition the following methods:
The proposed OLPP, as amended, Self-Regulatory Organizations; Bats
Electronic Comments
does not impose any burden on BZX Exchange, Inc.; Notice of
competition that is not necessary or • Use the Commission’s Internet Designation of a Longer Period for
appropriate in furtherance of the comment form (http://www.sec.gov/ Commission Action on a Proposed
purposes of the Exchange Act. The Plan rules/sro.shtml); or Rule Change To List and Trade Shares
Participants do not believe that the of Specified Series of the Innovator
proposed OLPP, as amended, introduces • Send an email to rule-comments@ Shield Strategy S&P 500 Monthly Index
terms that are unreasonably sec.gov. Please include File Number 4– Series and Innovator Ultra Shield
discriminatory for the purposes of 443 on the subject line. Strategy S&P 500 Monthly Index Series
section 11A(c)(1)(D) of the Exchange Paper Comments Under Rule 14.11(c)(3)
Act.
• Send paper comments in triplicate October 18, 2017.
Written Understanding or Agreements On August 22, 2017, Bats BZX
to Secretary, Securities and Exchange
Relating to Interpretation of, or Exchange, Inc. (‘‘Exchange’’ or ‘‘BZX’’)
Participation in, Plan Commission, 100 F Street NE.,
filed with the Securities and Exchange
Washington, DC 20549–1090.
The Participants have no written Commission (‘‘Commission’’), pursuant
understandings or agreements relating All submissions should refer to File to Section 19(b)(1) of the Securities
to an interpretation of the Amendment. Number 4–443. This file number should Exchange Act of 1934 (‘‘Act’’) 1 and Rule
Section 7 of the OLPP sets forth how be included on the subject line if email 19b–4 thereunder,2 a proposed rule
any entity registered as a national is used. To help the Commission change to list and trade shares of
securities exchange or national process and review your comments specified series of the Innovator Shield
securities association may become a more efficiently, please use only one Strategy S&P 500 Monthly Index Series
Plan Sponsor. method. The Commission will post all and Innovator Ultra Shield Strategy S&P
comments on the Commission’s Internet 500 Monthly Index Series under BZX
Approval of Amendment of the Plan Rule 14.11(c)(3). The proposed rule
Web site (http://www.sec.gov/rules/
The Amendment has been approved sro.shtml). Copies of the submission, all change was published for comment in
by the Plan Sponsors in accordance subsequent amendments, all written the Federal Register on September 5,
with the terms of the plan. Each of the statements with respect to the plan that 2017.3 The Commission received no
Plan Participants have executed a comments on the proposed rule change.
are filed with the Commission, and all
signed copy of the Amendment. Section 19(b)(2) of the Act 4 provides
written communications relating to the
that, within 45 days of the publication
Terms and Conditions of Access plan between the Commission and any of notice of the filing of a proposed rule
Section 7 of the OLPP provides that person, other than those that may be change, or within such longer period up
any Eligible Exchange, as defined withheld from the public in accordance to 90 days as the Commission may
therein, may become a Plan Sponsor by with the provisions of 5 U.S.C. 552, will designate if it finds such longer period
(a) executing a copy of the Plan; (b) be available for Web site viewing and to be appropriate and publishes its
providing each then-current Plan printing in the Commission’s Public reasons for so finding or as to which the
Sponsor with a copy of such executed Reference Room, 100 F Street NE., self-regulatory organization consents,
Plan; and (c) effecting an amendment to Washington, DC 20549 on official the Commission shall either approve the
the Plan as specified therein. business days between the hours of proposed rule change, disapprove the
10:00 a.m. and 3:00 p.m. Copies of such proposed rule change, or institute
Method of Determination and
filing also will be available for proceedings to determine whether the
Imposition, and Amount of, Fees and
inspection and copying at the Plan proposed rule change should be
Charges
Sponsors’ principal offices. All disapproved. The 45th day for this filing
Not applicable. comments received will be posted is October 20, 2017.
Method and Frequency of Processor without change. Persons submitting The Commission is extending the 45-
Evaluation comments are cautioned that we do not day time period for Commission action
redact or edit personal identifying on the proposed rule change. The
Not applicable. Commission finds that it is appropriate
information from comment submissions.
Dispute Resolution You should submit only information to designate a longer period within
that you wish to make available which to take action on the proposed
Not applicable. rule change so that it has sufficient time
publicly. All submissions should refer
II. Implementation of Amendment to File Number 4–443, and should be to consider the Exchange’s proposal, as
described above. Accordingly, pursuant
The OLPP, as amended, will become submitted on or before November 14,
to Section 19(b)(2) of the Act,5 the
asabaliauskas on DSKBBXCHB2PROD with NOTICES

effective upon Commission approval. 2017.
Commission designates December 4,
The Plan Participants will implement By the Commission. 2017, as the date by which the
the OLPP, as amended, pursuant to the
Eduardo A. Aleman,
terms of the Amendment upon 1 15
Assistant Secretary. U.S.C. 78s(b)(1).
Commission approval. 2 17 CFR 240.19b–4.
[FR Doc. 2017–22972 Filed 10–23–17; 8:45 am] 3 See Securities Exchange Act Release No. 81495
III. Solicitation of Comments
BILLING CODE 8011–01–P (August 29, 2017), 82 FR 42003.
Interested persons are invited to 4 15 U.S.C. 78s(b)(2).

submit written data, views, and 5 15 U.S.C. 78s(b)(2).

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Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices 49253

Commission shall either approve or II. Self-Regulatory Organization’s rule that were unique to the equities
disapprove or institute proceedings to Statement of the Purpose of, and market.8
determine whether to disapprove the Statutory Basis for, the Proposed Rule However, due to an oversight, the
proposed rule change (File No. SR– Change Merger Filing did not incorporate the
BatsBZX–2017–56). In its filing with the Commission, the NYSE Arca Equities definitions for
self-regulatory organization included ‘‘NYSE Arca Book’’ or ‘‘UTP Security.’’
For the Commission, by the Division of
statements concerning the purpose of, Accordingly, the Exchange proposes to
Trading and Markets, pursuant to delegated
and basis for, the proposed rule change make the following amendments to Rule
authority.6
and discussed any comments it received 1.1:
Eduardo A. Aleman, • Add new Rule 1.1(jj) with the
on the proposed rule change. The text
Assistant Secretary. following definition of NYSE Arca
of those statements may be examined at
[FR Doc. 2017–22974 Filed 10–23–17; 8:45 am]
the places specified in Item IV below. Book: ‘‘The term ‘NYSE Arca Book’
BILLING CODE 8011–01–P The Exchange has prepared summaries, refers to the NYSE Arca Marketplace’s
set forth in sections A, B, and C below, electronic file of orders, which contains
of the most significant parts of such all orders entered on the NYSE Arca
SECURITIES AND EXCHANGE statements. Marketplace.’’ 9
COMMISSION • Add new Rule 1.1(iii) with the
A. Self-Regulatory Organization’s following definition of NYSE Arca
[Release No. 34–81894; File No. SR–
Statement of the Purpose of, and the Book: ‘‘The term ‘UTP Security’ means
NYSEArca–2017–119]
Statutory Basis for, the Proposed Rule a security that is listed on a national
Change securities exchange other than the
Self-Regulatory Organizations; NYSE 1. Purpose Exchange and that trades on the NYSE
Arca, Inc.; Notice of Filing and Arca Marketplace pursuant to unlisted
The Exchange proposes to amend trading privileges.’’ 10
Immediate Effectiveness of Proposed
Rule Change To Amend NYSE Arca
NYSE Arca Rule 1.1 (Definitions) and • Renumber the other paragraphs in
Rule 7.35–E(d)(4) (Auctions) to make Rule 1.1 to reflect the addition of new
Rule 1.1 and Rule 7.35–E To Make
technical and conforming updates in paragraphs (jj) and (iii).
Technical and Conforming Updates in connection with the recent merger of its
Connection With the Recent Merger of In addition, the Exchange proposes to
wholly-owned subsidiary NYSE Arca amend Rule 7.35–E(d)(4) to update cross
NYSE Arca Equities, Inc. Equities, Inc. with and into the references to the definition of ‘‘Official
October 18, 2017. Exchange (the ‘‘Merger’’). Closing Price’’ in Rule 1.1.
On June 2, 2017, the Exchange filed Rule 7.35–E has a notice stating that
Pursuant to Section 19(b)(1) 1 of the rule changes with the Securities and an amended version of the rule has been
Securities Exchange Act of 1934 Exchange Commission (‘‘Commission’’) approved but is not yet operative. The
(‘‘Act’’) 2 and Rule 19b–4 thereunder,3 in connection with the proposed notice links to the amended version of
notice is hereby given that, on October Merger.4 On August 15, 2017, the the rule and the relevant approval order.
5, 2017, NYSE Arca, Inc. (the Exchange filed a partial amendment to Accordingly, the Exchange proposes to
‘‘Exchange’’ or ‘‘NYSE Arca’’) filed with such filing (as amended, the ‘‘Merger update the cross reference in the
the Securities and Exchange Filing’’).5 On August 17, 2017, the amended version of the rule. Exhibit 5B
Commission (‘‘Commission’’) the Commission approved the proposed sets forth the proposed change to the
proposed rule change as described in rule changes, as amended, and the amended but not yet operative version
Items I and II below, which Items have Merger occurred on that same date.6 of the rule.
been prepared by the self-regulatory Prior to the Merger, NYSE Arca had
two rulebooks: The NYSE Arca rules for 2. Statutory Basis
organization. The Commission is
publishing this notice to solicit its options market and the NYSE Arca The Exchange believes that the
comments on the proposed rule change Equities rules for its equities market. At proposed rule change is consistent with
from interested persons. the Merger, the NYSE Arca Equities Section 6(b) of the Exchange Act,11 in
rules were integrated into the NYSE general, and with Section 6(b)(1) 12 in
I. Self-Regulatory Organization’s Arca rules, so that there is now one particular, in that it enables the
Statement of the Terms of Substance of NYSE Arca rulebook.7 In that process, Exchange to be so organized as to have
the Proposed Rule Change NYSE Arca Rule 1.1 was amended to the capacity to be able to carry out the
incorporate NYSE Arca Equities Rule purposes of the Exchange Act and to
The Exchange proposes to amend 1.1 (Definitions), including by adding comply, and to enforce compliance by
NYSE Arca Rule 1.1 and Rule 7.35–E to definitions from the NYSE Arca Equities its exchange members and persons
make technical and conforming updates associated with its exchange members,
in connection with the recent merger of 4 See Securities Exchange Act Release No. 80929 with the provisions of the Exchange Act,
NYSE Arca Equities, Inc. (‘‘NYSE Arca (June 14, 2017), 82 FR 28157 (June 20, 2017) (SR– the rules and regulations thereunder,
Equities’’) with and into the Exchange. NYSEArca–2017–40) (Notice).
5 See Partial Amendment 2 to SR–NYSEArca–
and the rules of the Exchange.
The proposed rule change is available 2017–40 (August 15, 2017). The Amendment also
on the Exchange’s Web site at was submitted to the Commission as a comment
8 See id. at 40047.
asabaliauskas on DSKBBXCHB2PROD with NOTICES

www.nyse.com, at the principal office of letter on the Original Filing. See letter from Martha 9 See Securities Exchange Act Release No. 79078
Redding, Associate General Counsel, NYSE Group, (October 11, 2016), 81 FR 71559 (October 17, 2016)
the Exchange, and at the Commission’s (SR–NYSEArca–2016–135).
to Brent J. Fields, Secretary, Commission (August
Public Reference Room. 15, 2017), available at https://www.sec.gov/ 10 See Securities Exchange Act Release No. 75467

comments/sr-nysearca-2017-40/nysearca201740- (July 16, 2015), 80 FR 43515 (July 22, 2015) (SR–
6 17
2221802-160732.pdf. NYSEArca–2015–58). See also Securities Exchange
CFR 200.30–3(a)(31). 6 See Securities Exchange Act Release No. 81419 Act Release No. 76198 (October 20, 2015), 80 FR
1 15 U.S.C. 78s(b)(1). (August 17, 2017), 82 FR 40044 (August 23, 2017) 65274 (October 26, 2015) (SR–NYSEArca–2015–58).
2 15 U.S.C. 78a.
(SR–NYSEArca–2017–40) (Approval Order). 11 15 U.S.C. 78f(b).
3 17 CFR 240.19b–4. 7 See id. at 40044. 12 15 U.S.C. 78f(b)(1).

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Document Created: 2018-10-25 10:09:10
Document Modified: 2018-10-25 10:09:10

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 49252