82 FR 55459 - Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Introduce the Intellicator Analytic Tool

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 223 (November 21, 2017)

[Federal Register Volume 82, Number 223 (Tuesday, November 21, 2017)]
[Notices]
[Pages 55459-55460]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-25142]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82085; File No. SR-Phlx-2017-74]


Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change To Introduce the Intellicator Analytic Tool

November 15, 2017.
    On September 20, 2017, Nasdaq PHLX LLC (``Phlx'' or ``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 
introduce the Intellicator Analytic Tool. The proposed rule change was 
published for comment in the Federal Register on October 4, 2017.\3\ 
The Commission has received one comment on the proposed rule change.\4\
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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. 81754 (Sept. 28, 
2017), 82 FR 46319 (Oct. 4, 2017).
    \4\ See Letter from Ellen Greene, Managing Director, Financial 
Services Operations, Securities Industry and Financial Markets 
Association, to Brent J. Fields, Secretary, Commission, dated 
November 8, 2017, available at https://www.sec.gov/comments/sr-phlx-2017-74/phlx201774-2676231-161460.pdf.

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[[Page 55460]]

    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 November 18, 2017. The Commission is extending this 45-day time 
period.
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    \5\ 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 and comment 
received. Accordingly, the Commission, pursuant to Section 19(b)(2) of 
the Act,\6\ designates January 2, 2018 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-Phlx-2017-74).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-25142 Filed 11-20-17; 8:45 am]
 BILLING CODE 8011-01-P