83 FR 15181 - Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt BZX Rule 14.11(k) To Permit the Listing and Trading of Managed Portfolio Shares and To List and Trade Shares of the ClearBridge Appreciation ETF, ClearBridge Large Cap ETF, ClearBridge MidCap Growth ETF, ClearBridge Select ETF, and ClearBridge All Cap Value ETF

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 68 (April 9, 2018)

Page Range		15181-15181
FR Document		2018-07112

Federal Register, Volume 83 Issue 68 (Monday, April 9, 2018)

[Federal Register Volume 83, Number 68 (Monday, April 9, 2018)]
[Notices]
[Page 15181]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-07112]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82984; File No. SR-CboeBZX-2018-010]


Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Adopt BZX Rule 14.11(k) To Permit the Listing and Trading of 
Managed Portfolio Shares and To List and Trade Shares of the 
ClearBridge Appreciation ETF, ClearBridge Large Cap ETF, ClearBridge 
MidCap Growth ETF, ClearBridge Select ETF, and ClearBridge All Cap 
Value ETF

April 3, 2018.
    On February 5, 2018, Cboe 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 adopt new 
Rule 14.11(k) to permit it to list and trade Managed Portfolio Shares. 
The Exchange also proposed to list and trade shares of ClearBridge 
Appreciation ETF, ClearBridge Large Cap ETF, ClearBridge MidCap Growth 
ETF, ClearBridge Select ETF, and ClearBridge All Cap Value ETF under 
proposed Rule 14.11(k). The proposed rule change was published for 
comment in the Federal Register on February 20, 2018.\3\ The Commission 
has received three comment letters 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. 82705 (February 13, 
2018), 83 FR 7256.
    \4\ See letters from: (1) Todd J. Broms, Chief Executive 
Officer, Broms & Company LLC, dated March 13, 2018; (2) Simon P. 
Goulet, Co-Founder, Blue Tractor Group, LLC, dated March 19, 2018; 
and (3) Terence W. Norman, Founder, Blue Tractor Group, LLC, dated 
March 20, 2018. The comment letters are available at https://www.sec.gov/comments/sr-cboebzx-2018-010/cboebzx2018010.htm.
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    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 April 6, 2018. 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 the 
comment letters. Accordingly, the Commission, pursuant to Section 
19(b)(2) of the Act, \6\ designates May 21, 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-CboeBZX-2018-010).
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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. 2018-07112 Filed 4-6-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 68 / Monday, April 9, 2018 / Notices 15181

I. Introduction This Notice will be published in the reasons for so finding or as to which the
Federal Register. self-regulatory organization consents,
The Commission gives notice that the Stacy L. Ruble, the Commission shall either approve the
Postal Service filed request(s) for the Secretary. proposed rule change, disapprove the
Commission to consider matters related [FR Doc. 2018–07200 Filed 4–6–18; 8:45 am] proposed rule change, or institute
to negotiated service agreement(s). The BILLING CODE 7710–FW–P proceedings to determine whether the
request(s) may propose the addition or proposed rule change should be
removal of a negotiated service disapproved. The 45th day after
agreement from the market dominant or SECURITIES AND EXCHANGE publication of the notice for this
the competitive product list, or the COMMISSION proposed rule change is April 6, 2018.
modification of an existing product The Commission is extending this 45-
[Release No. 34–82984; File No. SR– day time period.
currently appearing on the market CboeBZX–2018–010]
dominant or the competitive product The Commission finds that it is
list. Self-Regulatory Organizations; Cboe appropriate to designate a longer period
Section II identifies the docket BZX Exchange, Inc.; Notice of within which to take action on the
number(s) associated with each Postal Designation of a Longer Period for proposed rule change so that it has
Service request, the title of each Postal Commission Action on a Proposed sufficient time to consider the proposed
Service request, the request’s acceptance Rule Change To Adopt BZX Rule rule change and the comment letters.
date, and the authority cited by the 14.11(k) To Permit the Listing and Accordingly, the Commission, pursuant
Trading of Managed Portfolio Shares to Section 19(b)(2) of the Act, 6
Postal Service for each request. For each
and To List and Trade Shares of the designates May 21, 2018, as the date by
request, the Commission appoints an
ClearBridge Appreciation ETF, which the Commission shall either
officer of the Commission to represent ClearBridge Large Cap ETF, approve or disapprove, or institute
the interests of the general public in the ClearBridge MidCap Growth ETF, proceedings to determine whether to
proceeding, pursuant to 39 U.S.C. 505 ClearBridge Select ETF, and disapprove, the proposed rule change
(Public Representative). Section II also ClearBridge All Cap Value ETF (File Number SR–CboeBZX–2018–010).
establishes comment deadline(s)
pertaining to each request. April 3, 2018. For the Commission, by the Division of
On February 5, 2018, Cboe BZX Trading and Markets, pursuant to delegated
The public portions of the Postal authority.7
Exchange, Inc. (‘‘Exchange’’) filed with
Service’s request(s) can be accessed via the Securities and Exchange Eduardo A. Aleman,
the Commission’s website (http:// Commission (‘‘Commission’’), pursuant
www.prc.gov). Non-public portions of Assistant Secretary.
to Section 19(b)(1) of the Securities [FR Doc. 2018–07112 Filed 4–6–18; 8:45 am]
the Postal Service’s request(s), if any, Exchange Act of 1934 (‘‘Act’’) 1 and Rule
can be accessed through compliance 19b–4 thereunder,2 a proposed rule BILLING CODE 8011–01–P

with the requirements of 39 CFR change to adopt new Rule 14.11(k) to
3007.40. permit it to list and trade Managed
SECURITIES AND EXCHANGE
The Commission invites comments on Portfolio Shares. The Exchange also
COMMISSION
whether the Postal Service’s request(s) proposed to list and trade shares of
in the captioned docket(s) are consistent ClearBridge Appreciation ETF,
ClearBridge Large Cap ETF, ClearBridge [Release No. 34–82983; File No. SR–OCC–
with the policies of title 39. For 2018–007]
request(s) that the Postal Service states MidCap Growth ETF, ClearBridge Select
ETF, and ClearBridge All Cap Value
concern market dominant product(s), Self-Regulatory Organizations; The
ETF under proposed Rule 14.11(k). The
applicable statutory and regulatory Options Clearing Corporation; Notice
proposed rule change was published for
requirements include 39 U.S.C. 3622, 39 comment in the Federal Register on of Filing of Proposed Rule Change
U.S.C. 3642, 39 CFR part 3010, and 39 February 20, 2018.3 The Commission Related to The Options Clearing
CFR part 3020, subpart B. For request(s) has received three comment letters on Corporation’s Trade Acceptance and
that the Postal Service states concern the proposed rule change.4 Novation Rules
competitive product(s), applicable Section 19(b)(2) of the Act 5 provides
statutory and regulatory requirements April 3, 2018.
that, within 45 days of the publication
include 39 U.S.C. 3632, 39 U.S.C. 3633, of notice of the filing of a proposed rule Pursuant to Section 19(b)(1) of the
39 U.S.C. 3642, 39 CFR part 3015, and change, or within such longer period up Securities Exchange Act of 1934
39 CFR part 3020, subpart B. Comment to 90 days as the Commission may (‘‘Act’’),1 and Rule 19b–4 thereunder,2
deadline(s) for each request appear in designate if it finds such longer period notice is hereby given that on March 23,
section II. to be appropriate and publishes its 2018, The Options Clearing Corporation
(‘‘OCC’’) filed with the Securities and
II. Docketed Proceeding(s) 1 15 U.S.C. 78s(b)(1). Exchange Commission (‘‘Commission’’)
2 17 CFR 240.19b–4. the proposed rule change as described
1. Docket No(s).: CP2018–195; Filing 3 See Securities Exchange Act Release No. 82705
in Items I, II, and III below, which Items
Title: Notice of United States Postal (February 13, 2018), 83 FR 7256.
have been prepared by OCC. The
Service of Filing a Functionally 4 See letters from: (1) Todd J. Broms, Chief
sradovich on DSK3GMQ082PROD with NOTICES

Executive Officer, Broms & Company LLC, dated Commission is publishing this notice to
Equivalent Global Reseller Expedited solicit comments on the proposed rule
March 13, 2018; (2) Simon P. Goulet, Co-Founder,
Package 2 Negotiated Service Blue Tractor Group, LLC, dated March 19, 2018; change from interested persons.
Agreement; Filing Acceptance Date: and (3) Terence W. Norman, Founder, Blue Tractor
April 3, 2018; Filing Authority: 39 CFR Group, LLC, dated March 20, 2018. The comment
6 Id.
letters are available at https://www.sec.gov/
3015.50; Public Representative: Curtis E. comments/sr-cboebzx-2018-010/cboebzx 7 17 CFR 200.30–3(a)(31).
Kidd; Comments Due: April 11, 2018. 2018010.htm. 1 15 U.S.C. 78s(b)(1).
5 15 U.S.C. 78s(b)(2). 2 17 CFR 240.19b–4.

VerDate Sep<11>2014 18:06 Apr 06, 2018 Jkt 244001 PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 E:\FR\FM\09APN1.SGM 09APN1

Document Created: 2018-04-07 02:39:00
Document Modified: 2018-04-07 02:39:00

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		83 FR 15181