82_FR_57243 82 FR 57013 - Self-Regulatory Organizations: Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 2.220(a)(7) and 11.410(a) To Reflect the Name Change of Bats BZX Exchange, Inc. to Cboe BZX Exchange, Inc., Bats EDGA Exchange, Inc. to Cboe EDGA Exchange, Inc., Bats EDGX Exchange, Inc. to Cboe EDGX Exchange, Inc., and Bats BYX Exchange, Inc. to Cboe BYX Exchange, Inc.

82 FR 57013 - Self-Regulatory Organizations: Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 2.220(a)(7) and 11.410(a) To Reflect the Name Change of Bats BZX Exchange, Inc. to Cboe BZX Exchange, Inc., Bats EDGA Exchange, Inc. to Cboe EDGA Exchange, Inc., Bats EDGX Exchange, Inc. to Cboe EDGX Exchange, Inc., and Bats BYX Exchange, Inc. to Cboe BYX Exchange, Inc.

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 230 (December 1, 2017)

Page Range57013-57014
FR Document2017-25856

Federal Register, Volume 82 Issue 230 (Friday, December 1, 2017)
[Federal Register Volume 82, Number 230 (Friday, December 1, 2017)]
[Notices]
[Pages 57013-57014]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-25856]


=======================================================================
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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82155; File No. SR-IEX-2017-42]


Self-Regulatory Organizations: Investors Exchange LLC; Notice of 
Filing and Immediate Effectiveness of Proposed Rule Change To Amend 
Rules 2.220(a)(7) and 11.410(a) To Reflect the Name Change of Bats BZX 
Exchange, Inc. to Cboe BZX Exchange, Inc., Bats EDGA Exchange, Inc. to 
Cboe EDGA Exchange, Inc., Bats EDGX Exchange, Inc. to Cboe EDGX 
Exchange, Inc., and Bats BYX Exchange, Inc. to Cboe BYX Exchange, Inc.

November 27, 2017.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby 
given that, on November 21, 2017, the Investors Exchange LLC (``IEX'' 
or the ``Exchange'') filed with the Securities and Exchange Commission 
(the ``Commission'') the proposed rule change as described in Items I 
and II below, which Items have been prepared by the self-regulatory 
organization. The Commission is publishing this notice to solicit 
comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 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

    Pursuant to the provisions of Section 19(b)(1) under the Securities 
Exchange Act of 1934 (``Act''),\4\ and Rule 19b-4 thereunder,\5\ 
Investors Exchange LLC (``IEX'' or ``Exchange'') is filing with the 
Commission a proposed rule change to amend Rules 2.220(a)(7) and 
11.410(a) to reflect the name change of Bats BZX Exchange, Inc. to Cboe 
BZX Exchange, Inc. (``Cboe BZX''), Bats EDGA Exchange, Inc. to Cboe 
EDGA Exchange, Inc. (``Cboe EDGA''), Bats EDGX Exchange, Inc. to Cboe 
EDGX Exchange, Inc. (``Cboe EDGX''), and Bats BYX Exchange, Inc. to 
Cboe BYX Exchange, Inc. (``Cboe BYX''). The Exchange has designated 
this rule change as ``non-controversial'' under Section 19(b)(3)(A) of 
the Act \6\ and provided the Commission with the notice required by 
Rule 19b-4(f)(6) thereunder.\7\ The text of the proposed rule change is 
available at the Exchange's Web site at www.iextrading.com, at the 
principal office of the Exchange, and at the Commission's Public 
Reference Room.
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    \4\ 15 U.S.C. 78s(b)(1).
    \5\ 17 CFR 240.19b-4.
    \6\ 15 U.S.C. 78s(b)(3)(A).
    \7\ 17 CFR 240.19b-4(f)(6).
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II. Self-Regulatory Organization's Statement of the Purpose of, and the 
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, the self-regulatory organization 
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 self-regulatory organization 
has prepared summaries, set forth in Sections A, B, and C below, of the 
most significant aspects of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and the 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to amend Rules 2.220(a)(7) and 11.410(a) to 
reflect the name change of Bats BZX Exchange, Inc. to Cboe BZX,\8\ Bats 
EDGA Exchange, Inc. to Cboe EDGA,\9\ Bats EDGX Exchange, Inc. to Cboe 
EDGX,\10\ and Bats BYX Exchange, Inc. to Cboe BYX.\11\ IEX Rule 
2.220(a)(7) lists the away trading centers that IEX Services LLC (``IEX 
Services'') routes to as outbound router for the Exchange. Rule 
11.410(a) specifies the market data sources for each away trading 
center that the Exchange uses for necessary price reference points. The 
proposed changes are nonsubstantive and do not alter the manner in 
which orders are handled or routed by the Exchange.
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    \8\ See Securities Exchange Act Release No. 81950 (October 26, 
2017), 82 FR 50711 (November 1, 2017) (SR-BatsBZX-2017-70).
    \9\ See Securities Exchange Act Release No. 81957 (October 26, 
2017), 82 FR 50716 (November 1, 2017) (SR-BatsEDGA-2017-28).
    \10\ See Securities Exchange Act Release No. 81963 (October 26, 
2017), 82 FR 50697 (November 1, 2017) (SR-BatsEDGX-2017-41).
    \11\ See Securities Exchange Act Release No. 81952 (October 26, 
2017), 82 FR 50725 (November 1, 2017) (SR-BatsBYX-2017-27).
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2. Statutory Basis
    IEX believes that the proposed rule change is consistent with the 
provisions of Section 6(b) \12\ of the Act in general, and furthers the 
objectives of Section 6(b)(5) of the Act \13\ in particular, in that it 
is designed to prevent fraudulent and manipulative acts and practices, 
to promote just and equitable principles of trade, 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. The Exchange believes it is consistent with the Act to 
update the referenced rules to reflect the name changes of Cboe BZX, 
Cboe EDGA, Cboe EDGX, and Cboe BYX so that IEX's rules accurately 
specify away markets referenced, as well as to avoid any potential 
confusion on the part of market participants. As noted in the Purpose 
section, the proposed changes are nonsubstantive and do not alter the 
manner in which orders are handled or routed by the Exchange.
---------------------------------------------------------------------------

    \12\ 15 U.S.C. 78f.
    \13\ 15 U.S.C. 78f(b)(5).
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B. Self-Regulatory Organization's Statement on Burden on Competition

    IEX does not believe that the proposed rule change will result in 
any burden on competition that is not necessary or appropriate in 
furtherance of the purposes of the Act. The Exchange believes that the 
proposed correction does not impact competition in any respect since it 
is designed to simply update away market names.

[[Page 57014]]

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

    Written comments were neither solicited nor received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    Because the foregoing rule does not (i) significantly affect the 
protection of investors or the public interest; (ii) impose any 
significant burden on competition; and (iii) become operative for 30 
days from the date on which it was filed, or such shorter time as the 
Commission may designate if consistent with the protection of investors 
and the public interest, provided that the self-regulatory organization 
has given the Commission written notice of its intent to file the 
proposed rule change at least five business days prior to the date of 
filing of the proposed rule change or such shorter time as designated 
by the Commission,\14\ the proposed rule change has become effective 
pursuant to Section 19(b)(3)(A) of the Act \15\ and Rule 19b-4(f)(6) 
thereunder.\16\
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    \14\ The Exchange has fulfilled this requirement.
    \15\ 15 U.S.C. 78s(b)(3)(A).
    \16\ 17 CFR 240.19b-4(f)(6).
---------------------------------------------------------------------------

    A proposed rule change filed under Rule 19b-4(f)(6) \17\ normally 
does not become operative prior to 30 days after the date of the 
filing. However, pursuant to Rule 19b4(f)(6)(iii),\18\ the Commission 
may designate a shorter time if such action is consistent with the 
protection of investors and the public interest. The Exchange has asked 
the Commission to waive the 30-day operative delay so that the proposal 
may become operative immediately upon filing. The Exchange states that 
waiver of the operative delay is consistent with the protection of 
investors and the public interest because it will allow the Exchange to 
update references to the names of away markets without delay, thus 
avoiding any potential confusion that may otherwise occur. The 
Commission believes that it is consistent with the protection of 
investors and the public interest to waive the 30-day operative delay 
so the Exchange's rules may immediately reflect the updated names of 
away markets. For this reason, the Commission designates the proposed 
rule change to be operative upon filing.\19\
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    \17\ 17 CFR 240.19b-4(f)(6).
    \18\ 17 CFR 240.19b-4(f)(6)(iii).
    \19\ For purposes only of waiving the 30-day operative delay, 
the Commission has also considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule 
change, the Commission summarily may temporarily suspend such rule 
change if it appears to the Commission that such action is necessary or 
appropriate in the public interest, for the protection of investors, or 
otherwise in furtherance of the purposes of the Act. If the Commission 
takes such action, the Commission shall institute proceedings under 
Section 19(b)(2)(B) \20\ of the Act to determine whether the proposed 
rule change should be approved or disapproved.
---------------------------------------------------------------------------

    \20\ 15 U.S.C. 78s(b)(2)(B).
---------------------------------------------------------------------------

IV. Solicitation of Comments

    Interested persons are invited to submit written data, views and 
arguments concerning the foregoing, including whether the proposed rule 
change 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 [email protected]. Please include 
File Number SR-IEX-2017-42 on the subject line.

Paper Comments

     Send paper comments in triplicate to Brent J. Fields, 
Secretary, Securities and Exchange Commission, 100 F Street NE., 
Washington, DC 20549-1090.

All submissions should refer to File Number SR-IEX-2017-42. This file 
number should be included in 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 Section, 100 F Street 
NE., Washington, DC 20549-1090. Copies of the filing will also be 
available for inspection and copying at the IEX's principal office and 
on its Internet Web site at www.iextrading.com. All comments received 
will be posted without change. Persons submitting comments are 
cautioned that we do not redact or edit personal identifying 
information from comment submissions. You should submit only 
information that you wish to make available publicly. All submissions 
should refer to File Number SR-IEX-2017-42 and should be submitted on 
or before December 22, 2017.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\21\
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    \21\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-25856 Filed 11-30-17; 8:45 am]
 BILLING CODE 8011-01-P



                                                                              Federal Register / Vol. 82, No. 230 / Friday, December 1, 2017 / Notices                                                 57013

                                                Timothy J. Schwuchow; Comments Due:                      solicit comments on the proposed rule                 Exchange, Inc. to Cboe EDGA,9 Bats
                                                December 4, 2017.                                        change from interested persons.                       EDGX Exchange, Inc. to Cboe EDGX,10
                                                  2. Docket No(s).: MC2018–32 and                                                                              and Bats BYX Exchange, Inc. to Cboe
                                                CP2018–62; Filing Title: USPS Request                    I. Self-Regulatory Organization’s
                                                                                                                                                               BYX.11 IEX Rule 2.220(a)(7) lists the
                                                to Add Priority Mail Contract 377 to                     Statement of the Terms of Substance of
                                                                                                         the Proposed Rule Change                              away trading centers that IEX Services
                                                Competitive Product List and Notice of                                                                         LLC (‘‘IEX Services’’) routes to as
                                                Filing Materials Under Seal; Filing                         Pursuant to the provisions of Section              outbound router for the Exchange. Rule
                                                Acceptance Date: November 22, 2017;                      19(b)(1) under the Securities Exchange                11.410(a) specifies the market data
                                                Filing Authority: 39 U.S.C. 3642 and 39                  Act of 1934 (‘‘Act’’),4 and Rule 19b–4                sources for each away trading center
                                                CFR 3020.30 et seq.; Public                              thereunder,5 Investors Exchange LLC                   that the Exchange uses for necessary
                                                Representative: Timothy J. Schwuchow;                    (‘‘IEX’’ or ‘‘Exchange’’) is filing with the          price reference points. The proposed
                                                Comments Due: December 4, 2017.
                                                                                                         Commission a proposed rule change to                  changes are nonsubstantive and do not
                                                  3. Docket No(s).: MC2018–33 and
                                                                                                         amend Rules 2.220(a)(7) and 11.410(a)                 alter the manner in which orders are
                                                CP2018–63; Filing Title: USPS Request
                                                                                                         to reflect the name change of Bats BZX                handled or routed by the Exchange.
                                                to Add Priority Mail Express & Priority
                                                Mail Contract 53 to Competitive Product                  Exchange, Inc. to Cboe BZX Exchange,
                                                                                                         Inc. (‘‘Cboe BZX’’), Bats EDGA                        2. Statutory Basis
                                                List and Notice of Filing Materials
                                                Under Seal; Filing Acceptance Date:                      Exchange, Inc. to Cboe EDGA Exchange,                    IEX believes that the proposed rule
                                                November 24, 2017; Filing Authority: 39                  Inc. (‘‘Cboe EDGA’’), Bats EDGX                       change is consistent with the provisions
                                                U.S.C. 3642 and 39 CFR 3020.30 et seq.;                  Exchange, Inc. to Cboe EDGX Exchange,
                                                                                                                                                               of Section 6(b) 12 of the Act in general,
                                                Public Representative: Jennaca D.                        Inc. (‘‘Cboe EDGX’’), and Bats BYX
                                                                                                                                                               and furthers the objectives of Section
                                                Upperman; Comments Due: December 4,                      Exchange, Inc. to Cboe BYX Exchange,
                                                                                                                                                               6(b)(5) of the Act 13 in particular, in that
                                                2017.                                                    Inc. (‘‘Cboe BYX’’). The Exchange has
                                                                                                                                                               it is designed to prevent fraudulent and
                                                  This notice will be published in the                   designated this rule change as ‘‘non-
                                                                                                         controversial’’ under Section 19(b)(3)(A)             manipulative acts and practices, to
                                                Federal Register.                                                                                              promote just and equitable principles of
                                                                                                         of the Act 6 and provided the
                                                Ruth Ann Abrams,                                         Commission with the notice required by                trade, to remove impediments to and
                                                Acting Secretary.                                        Rule 19b–4(f)(6) thereunder.7 The text of             perfect the mechanism of a free and
                                                [FR Doc. 2017–25852 Filed 11–30–17; 8:45 am]             the proposed rule change is available at              open market and a national market
                                                BILLING CODE 7710–FW–P                                   the Exchange’s Web site at                            system, and, in general, to protect
                                                                                                         www.iextrading.com, at the principal                  investors and the public interest. The
                                                                                                         office of the Exchange, and at the                    Exchange believes it is consistent with
                                                SECURITIES AND EXCHANGE                                  Commission’s Public Reference Room.                   the Act to update the referenced rules to
                                                COMMISSION                                                                                                     reflect the name changes of Cboe BZX,
                                                                                                         II. Self-Regulatory Organization’s                    Cboe EDGA, Cboe EDGX, and Cboe BYX
                                                [Release No. 34–82155; File No. SR–IEX–                  Statement of the Purpose of, and the                  so that IEX’s rules accurately specify
                                                2017–42]                                                 Statutory Basis for, the Proposed Rule                away markets referenced, as well as to
                                                                                                         Change                                                avoid any potential confusion on the
                                                Self-Regulatory Organizations:
                                                Investors Exchange LLC; Notice of                          In its filing with the Commission, the              part of market participants. As noted in
                                                Filing and Immediate Effectiveness of                    self-regulatory organization included                 the Purpose section, the proposed
                                                Proposed Rule Change To Amend                            statements concerning the purpose of                  changes are nonsubstantive and do not
                                                Rules 2.220(a)(7) and 11.410(a) To                       and basis for the proposed rule change                alter the manner in which orders are
                                                Reflect the Name Change of Bats BZX                      and discussed any comments it received                handled or routed by the Exchange.
                                                Exchange, Inc. to Cboe BZX Exchange,                     on the proposed rule change. The text                 B. Self-Regulatory Organization’s
                                                Inc., Bats EDGA Exchange, Inc. to                        of these statements may be examined at
                                                Cboe EDGA Exchange, Inc., Bats                                                                                 Statement on Burden on Competition
                                                                                                         the places specified in Item IV below.
                                                EDGX Exchange, Inc. to Cboe EDGX                         The self-regulatory organization has                    IEX does not believe that the
                                                Exchange, Inc., and Bats BYX                             prepared summaries, set forth in                      proposed rule change will result in any
                                                Exchange, Inc. to Cboe BYX Exchange,                     Sections A, B, and C below, of the most               burden on competition that is not
                                                Inc.                                                     significant aspects of such statements.               necessary or appropriate in furtherance
                                                November 27, 2017.                                       A. Self-Regulatory Organization’s                     of the purposes of the Act. The
                                                   Pursuant to Section 19(b)(1) 1 of the                 Statement of the Purpose of, and the                  Exchange believes that the proposed
                                                Securities Exchange Act of 1934 (the                     Statutory Basis for, the Proposed Rule                correction does not impact competition
                                                ‘‘Act’’) 2 and Rule 19b–4 thereunder,3                   Change                                                in any respect since it is designed to
                                                notice is hereby given that, on                                                                                simply update away market names.
                                                November 21, 2017, the Investors                         1. Purpose
                                                Exchange LLC (‘‘IEX’’ or the                               The Exchange proposes to amend
                                                ‘‘Exchange’’) filed with the Securities                  Rules 2.220(a)(7) and 11.410(a) to reflect              9 See Securities Exchange Act Release No. 81957
                                                and Exchange Commission (the                             the name change of Bats BZX Exchange,                 (October 26, 2017), 82 FR 50716 (November 1, 2017)
                                                ‘‘Commission’’) the proposed rule                        Inc. to Cboe BZX,8 Bats EDGA                          (SR–BatsEDGA–2017–28).
sradovich on DSK3GMQ082PROD with NOTICES




                                                change as described in Items I and II                                                                            10 See Securities Exchange Act Release No. 81963
                                                below, which Items have been prepared                      4 15                                                (October 26, 2017), 82 FR 50697 (November 1, 2017)
                                                                                                                U.S.C. 78s(b)(1).
                                                by the self-regulatory organization. The                   5 17 CFR 240.19b–4.
                                                                                                                                                               (SR–BatsEDGX–2017–41).
                                                Commission is publishing this notice to                    6 15 U.S.C. 78s(b)(3)(A).
                                                                                                                                                                 11 See Securities Exchange Act Release No. 81952

                                                                                                           7 17 CFR 240.19b–4(f)(6).                           (October 26, 2017), 82 FR 50725 (November 1, 2017)
                                                  1 15 U.S.C. 78s(b)(1).                                   8 See Securities Exchange Act Release No. 81950     (SR–BatsBYX–2017–27).
                                                  2 15                                                                                                           12 15 U.S.C. 78f.
                                                       U.S.C. 78a.                                       (October 26, 2017), 82 FR 50711 (November 1, 2017)
                                                  3 17 CFR 240.19b–4.                                    (SR–BatsBZX–2017–70).                                   13 15 U.S.C. 78f(b)(5).




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                                                57014                        Federal Register / Vol. 82, No. 230 / Friday, December 1, 2017 / Notices

                                                C. Self-Regulatory Organization’s                          At any time within 60 days of the                      comments received will be posted
                                                Statement on Comments on the                            filing of the proposed rule change, the                   without change. Persons submitting
                                                Proposed Rule Change Received From                      Commission summarily may                                  comments are cautioned that we do not
                                                Members, Participants, or Others                        temporarily suspend such rule change if                   redact or edit personal identifying
                                                  Written comments were neither                         it appears to the Commission that such                    information from comment submissions.
                                                solicited nor received.                                 action is necessary or appropriate in the                 You should submit only information
                                                                                                        public interest, for the protection of                    that you wish to make available
                                                III. Date of Effectiveness of the                       investors, or otherwise in furtherance of                 publicly. All submissions should refer
                                                Proposed Rule Change and Timing for                     the purposes of the Act. If the                           to File Number SR–IEX–2017–42 and
                                                Commission Action                                       Commission takes such action, the                         should be submitted on or before
                                                   Because the foregoing rule does not (i)              Commission shall institute proceedings                    December 22, 2017.
                                                significantly affect the protection of                  under Section 19(b)(2)(B) 20 of the Act to                  For the Commission, by the Division of
                                                investors or the public interest; (ii)                  determine whether the proposed rule                       Trading and Markets, pursuant to delegated
                                                impose any significant burden on                        change should be approved or                              authority.21
                                                competition; and (iii) become operative                 disapproved.                                              Eduardo A. Aleman,
                                                for 30 days from the date on which it                   IV. Solicitation of Comments                              Assistant Secretary.
                                                was filed, or such shorter time as the                                                                            [FR Doc. 2017–25856 Filed 11–30–17; 8:45 am]
                                                Commission may designate if consistent                    Interested persons are invited to
                                                                                                        submit written data, views and                            BILLING CODE 8011–01–P
                                                with the protection of investors and the
                                                public interest, provided that the self-                arguments concerning the foregoing,
                                                regulatory organization has given the                   including whether the proposed rule
                                                                                                                                                                  SECURITIES AND EXCHANGE
                                                Commission written notice of its intent                 change is consistent with the Act.
                                                                                                                                                                  COMMISSION
                                                to file the proposed rule change at least               Comments may be submitted by any of
                                                five business days prior to the date of                 the following methods:                                    Investment Company Act Release No.
                                                filing of the proposed rule change or                   Electronic Comments                                       32922; File No. 812–14786; Ausdal Unit
                                                such shorter time as designated by the                                                                            Investment Trust and Ausdal Financial
                                                                                                          • Use the Commission’s Internet
                                                Commission,14 the proposed rule                                                                                   Partners, Inc.
                                                                                                        comment form (http://www.sec.gov/
                                                change has become effective pursuant to
                                                                                                        rules/sro.shtml); or                                      November 27, 2017.
                                                Section 19(b)(3)(A) of the Act 15 and                     • Send an email to rule-comments@
                                                Rule 19b–4(f)(6) thereunder.16                                                                                    AGENCY: Securities and Exchange
                                                                                                        sec.gov. Please include File Number SR–                   Commission (‘‘Commission’’).
                                                   A proposed rule change filed under
                                                                                                        IEX–2017–42 on the subject line.                          ACTION: Notice.
                                                Rule 19b–4(f)(6) 17 normally does not
                                                become operative prior to 30 days after                 Paper Comments
                                                the date of the filing. However, pursuant                                                                            Notice of an application for an order
                                                                                                           • Send paper comments in triplicate                    under section 12(d)(1)(J) of the
                                                to Rule 19b4(f)(6)(iii),18 the Commission               to Brent J. Fields, Secretary, Securities
                                                may designate a shorter time if such                                                                              Investment Company Act of 1940 (the
                                                                                                        and Exchange Commission, 100 F Street                     ‘‘Act’’) for an exemption from sections
                                                action is consistent with the protection                NE., Washington, DC 20549–1090.
                                                of investors and the public interest. The                                                                         12(d)(1)(A), (B), and (C) of the Act and
                                                                                                        All submissions should refer to File                      under sections 6(c) and 17(b) of the Act
                                                Exchange has asked the Commission to
                                                                                                        Number SR–IEX–2017–42. This file                          for an exemption from sections 17(a)(1)
                                                waive the 30-day operative delay so that
                                                the proposal may become operative                       number should be included in the                          and (2) of the Act. The requested order
                                                immediately upon filing. The Exchange                   subject line if email is used. To help the                would permit certain registered unit
                                                states that waiver of the operative delay               Commission process and review your                        investment trusts (‘‘UITs’’) to acquire
                                                is consistent with the protection of                    comments more efficiently, please use                     shares of certain registered open-end
                                                investors and the public interest                       only one method. The Commission will                      investment companies, registered
                                                because it will allow the Exchange to                   post all comments on the Commission’s                     closed-end investment companies and
                                                update references to the names of away                  Internet Web site (http://www.sec.gov/                    registered UITs (collectively, the
                                                markets without delay, thus avoiding                    rules/sro.shtml). Copies of the                           ‘‘Underlying Funds’’) that are within
                                                any potential confusion that may                        submission, all subsequent                                and outside the same group of
                                                otherwise occur. The Commission                         amendments, all written statements                        investment companies as the acquiring
                                                believes that it is consistent with the                 with respect to the proposed rule                         UITs, in excess of the limits in section
                                                protection of investors and the public                  change that are filed with the                            12(d)(1) of the Act.
                                                interest to waive the 30-day operative                  Commission, and all written                                  Applicants: Ausdal Unit Investment
                                                delay so the Exchange’s rules may                       communications relating to the                            Trust (the ‘‘Trust’’), a UIT that is or will
                                                immediately reflect the updated names                   proposed rule change between the                          be registered under the Act, and Ausdal
                                                of away markets. For this reason, the                   Commission and any person, other than                     Financial Partners, Inc. (‘‘Ausdal’’), an
                                                Commission designates the proposed                      those that may be withheld from the                       Iowa corporation registered as a broker-
                                                rule change to be operative upon                        public in accordance with the                             dealer under the Securities Exchange
                                                filing.19                                               provisions of 5 U.S.C. 552, will be                       Act of 1934 (the ‘‘Exchange Act’’).
                                                                                                        available for Web site viewing and                           Filing Dates: The application was
                                                  14 The  Exchange has fulfilled this requirement.      printing in the Commission’s Public                       filed on June 20, 2017, and amended on
sradovich on DSK3GMQ082PROD with NOTICES




                                                  15 15  U.S.C. 78s(b)(3)(A).                           Reference Section, 100 F Street NE.,                      October 27, 2017.
                                                   16 17 CFR 240.19b–4(f)(6).                           Washington, DC 20549–1090. Copies of                         Hearing or Notification of Hearing: An
                                                   17 17 CFR 240.19b–4(f)(6).
                                                                                                        the filing will also be available for                     order granting the requested relief will
                                                   18 17 CFR 240.19b–4(f)(6)(iii).
                                                                                                        inspection and copying at the IEX’s                       be issued unless the Commission orders
                                                   19 For purposes only of waiving the 30-day
                                                                                                        principal office and on its Internet Web                  a hearing. Interested persons may
                                                operative delay, the Commission has also
                                                considered the proposed rule’s impact on                site at www.iextrading.com. All                           request a hearing by writing to the
                                                efficiency, competition, and capital formation. See
                                                15 U.S.C. 78c(f).                                         20 15   U.S.C. 78s(b)(2)(B).                              21 17   CFR 200.30–3(a)(12).



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Document Created: 2018-10-25 10:44:26
Document Modified: 2018-10-25 10:44:26
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation82 FR 57013 

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