82 FR 55147 - Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Withdrawal of 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 222 (November 20, 2017)
Federal Register Volume 82, Issue 222 (November 20, 2017)
| Page Range | 55147-55147 | |
| FR Document | 2017-25041 |
[Federal Register Volume 82, Number 222 (Monday, November 20, 2017)] [Notices] [Page 55147] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-25041] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-82078; SR-BatsBZX-2017-56] Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Withdrawal of 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) November 14, 2017. On August 22, 2017, Bats BZX Exchange, Inc. (``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 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. On October 18, 2017, the Commission extended the time period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change to December 4, 2017.\4\ --------------------------------------------------------------------------- \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. \4\ See Securities Exchange Act Release No. 81895, 82 FR 49252 (October 24, 2017). --------------------------------------------------------------------------- On November 8, 2017, the Exchange withdrew the proposed rule change (SR-BatsBZX-2017-56). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\5\ --------------------------------------------------------------------------- \5\ 17 CFR 200.30-3(a)(57). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-25041 Filed 11-17-17; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 82, No. 222 / Monday, November 20, 2017 / Notices 55147
In such an environment, the Exchange If the Commission takes such action, the For the Commission, by the Division of
must continually adjust its fees to Commission shall institute proceedings Trading and Markets, pursuant to delegated
remain competitive with other to determine whether the proposed rule authority.11
exchanges and with alternative trading should be approved or disapproved. Eduardo A. Aleman,
systems that have been exempted from Assistant Secretary.
IV. Solicitation of Comments
compliance with the statutory standards [FR Doc. 2017–25039 Filed 11–17–17; 8:45 am]
applicable to exchanges. Because Interested persons are invited to BILLING CODE 8011–01–P
competitors are free to modify their own submit written data, views, and
fees in response, and because market arguments concerning the foregoing,
participants may readily adjust their including whether the proposed rule SECURITIES AND EXCHANGE
order routing practices, the Exchange change is consistent with the Act. COMMISSION
believes that the degree to which fee Comments may be submitted by any of
[Release No. 34–82078; SR–BatsBZX–2017–
changes in this market may impose any the following methods: 56]
burden on competition is extremely
Electronic Comments
limited. Self-Regulatory Organizations; Bats
In this instance, the changes to credits • Use the Commission’s Internet BZX Exchange, Inc.; Notice of
do not impose a burden on competition comment form (http://www.sec.gov/ Withdrawal of a Proposed Rule Change
because participation in the Exchange is rules/sro.shtml); or To List and Trade Shares of Specified
optional and is the subject of • Send an email to rule-comments@ Series of the Innovator Shield Strategy
competition from other exchanges. The sec.gov. Please include File Number SR– S&P 500 Monthly Index Series and
proposed changes to the credits are BX–2017–050 on the subject line. Innovator Ultra Shield Strategy S&P
reflective of the Exchange’s overall 500 Monthly Index Series Under Rule
Paper Comments
efforts to provide greater incentives to 14.11(c)(3)
market participants in the form of • Send paper comments in triplicate
credits for market participation it to Brent J. Fields, Secretary, Securities November 14, 2017.
believes needs improvement to the and Exchange Commission, 100 F Street On August 22, 2017, Bats BZX
benefit of all participants. For these NE., Washington, DC 20549–1090. Exchange, Inc. (‘‘Exchange’’) filed with
reasons, the Exchange does not believe All submissions should refer to File the Securities and Exchange
that any of the proposed changes will Number SR–BX–2017–050. This file Commission (‘‘Commission’’), pursuant
impair the ability of members or number should be included on the to Section 19(b)(1) of the Securities
competing order execution venues to subject line if email is used. To help the Exchange Act of 1934 (‘‘Act’’) 1 and Rule
maintain their competitive standing in Commission process and review your 19b-4 thereunder,2 a proposed rule
the financial markets. Moreover, comments more efficiently, please use change to list and trade shares of
because there are numerous competitive only one method. The Commission will specified series of the Innovator Shield
alternatives to the use of the Exchange, post all comments on the Commission’s Strategy S&P 500 Monthly Index Series
it is likely that BX will lose market Internet Web site (http://www.sec.gov/ and Innovator Ultra Shield Strategy S&P
share as a result of the changes if they rules/sro.shtml). Copies of the 500 Monthly Index Series under BZX
are unattractive to market participants. submission, all subsequent Rule 14.11(c)(3). The proposed rule
Accordingly, BX does not believe that amendments, all written statements change was published for comment in
the proposed rule changes will impair with respect to the proposed rule the Federal Register on September 5,
the ability of members or competing change that are filed with the 2017.3 The Commission received no
order execution venues to maintain Commission, and all written comments on the proposed rule change.
their competitive standing in the communications relating to the On October 18, 2017, the Commission
financial markets. proposed rule change between the extended the time period within which
Commission and any person, other than to approve the proposed rule change,
C. Self-Regulatory Organization’s
those that may be withheld from the disapprove the proposed rule change, or
Statement on Comments on the
public in accordance with the institute proceedings to determine
Proposed Rule Change Received From
provisions of 5 U.S.C. 552, will be whether to approve or disapprove the
Members, Participants, or Others
available for Web site viewing and proposed rule change to December 4,
No written comments were either 2017.4
printing in the Commission’s Public
solicited or received. On November 8, 2017, the Exchange
Reference Room, 100 F Street NE.,
III. Date of Effectiveness of the Washington, DC 20549, on official withdrew the proposed rule change
Proposed Rule Change and Timing for business days between the hours of (SR–BatsBZX–2017–56).
Commission Action 10:00 a.m. and 3:00 p.m. Copies of the For the Commission, by the Division of
filing also will be available for Trading and Markets, pursuant to delegated
The foregoing rule change has become authority.5
effective pursuant to Section inspection and copying at the principal
office of the Exchange. All comments Eduardo A. Aleman,
19(b)(3)(A)(ii) of the Act.10
At any time within 60 days of the received will be posted without change. Assistant Secretary.
filing of the proposed rule change, the Persons submitting comments are [FR Doc. 2017–25041 Filed 11–17–17; 8:45 am]
Commission summarily may cautioned that we do not redact or edit BILLING CODE 8011–01–P
temporarily suspend such rule change if personal identifying information from
nshattuck on DSK9F9SC42PROD with NOTICES
it appears to the Commission that such comment submissions. You should 11 17 CFR 200.30–3(a)(12).
action is: (i) Necessary or appropriate in submit only information that you wish 1 15 U.S.C. 78s(b)(1).
the public interest; (ii) for the protection to make available publicly. All 2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 81495
of investors; or (iii) otherwise in submissions should refer to File
(August 29, 2017), 82 FR 42003.
furtherance of the purposes of the Act. Number SR–BX–2017–050 and should 4 See Securities Exchange Act Release No. 81895,
be submitted on or before December 11, 82 FR 49252 (October 24, 2017).
10 15 U.S.C. 78s(b)(3)(A)(ii). 2017. 5 17 CFR 200.30–3(a)(57).
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Document Created: 2018-10-25 10:41:01
Document Modified: 2018-10-25 10:41:01
| 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 55147 |
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