83 FR 36635 - Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Withdrawal of a Proposed Rule Change To Adopt a New NYSE Arca Rule 8.900-E and To List and Trade Shares of the Royce Pennsylvania ETF, Royce Premier ETF, and Royce Total Return ETF Under Proposed NYSE Arca Equities Rule 8.900-E

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 146 (July 30, 2018)

Page Range		36635-36635
FR Document		2018-16169

Federal Register, Volume 83 Issue 146 (Monday, July 30, 2018)

[Federal Register Volume 83, Number 146 (Monday, July 30, 2018)]
[Notices]
[Page 36635]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16169]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83692; File No. SR-NYSEArca-2018-04]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Withdrawal of a Proposed Rule Change To Adopt a New NYSE Arca Rule 
8.900-E and To List and Trade Shares of the Royce Pennsylvania ETF, 
Royce Premier ETF, and Royce Total Return ETF Under Proposed NYSE Arca 
Equities Rule 8.900-E

July 24, 2018.
    On January 8, 2018, NYSE Arca, 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 NYSE 
Arca Rule 8.900-E to permit it to list and trade Managed Portfolio 
Shares. The Exchange also proposed to list and trade shares of Royce 
Pennsylvania ETF, Royce Premier ETF, and Royce Total Return ETF under 
proposed NYSE Arca Rule 8.900-E. The proposed rule change was published 
for comment in the Federal Register on January 26, 2018.\3\ On March 7, 
2018, pursuant to Section 19(b)(2) of the Act,\4\ the Commission 
designated a longer period within which to approve the proposed rule 
change, disapprove the proposed rule change, or institute proceedings 
to determine whether to disapprove the proposed rule change.\5\ The 
Commission received five comment letters on the proposed rule 
change.\6\ On April 26, 2018, the Commission instituted proceedings 
under Section 19(b)(2)(B) of the Act \7\ to determine whether to 
approve or disapprove the proposed rule change.\8\ Thereafter, the 
Commission received two additional comments on the proposed rule 
change.\9\ On July 20, 2018, the Commission designated a longer period 
for action on the proposed rule change.\10\
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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. 82549 (January 19, 
2018), 83 FR 3846.
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 82824, 83 FR 10934 
(March 13, 2018). The Commission designated April 26, 2018, as the 
date by which the Commission shall approve or disapprove, or 
institute proceedings to determine whether to disapprove, the 
proposed rule change.
    \6\ See letters from: (1) Terence W. Norman, Founder, Blue 
Tractor Group, LLC, dated February 6, 2018; (2) Simon P. Goulet, Co-
Founder, Blue Tractor Group, LLC, dated February 13, 2018; (3) Todd 
J. Broms, Chief Executive Officer, Broms & Company LLC, dated 
February 16, 2018; (4) Kevin S. Haeberle, Associate Professor of 
Law, William & Mary Law School, dated February 16, 2018; and (5) 
Gary L. Gastineau, President, ETF Consultants.com, Inc., dated March 
6, 2018. The comment letters are available at: https://www.sec.gov/comments/sr-nysearca-2018-04/nysearca201804.htm.
    \7\ 15 U.S.C. 78s(b)(2)(B).
    \8\ See Securities Exchange Act Release No. 83120, 83 FR 19371 
(May 2, 2018).
    \9\ See letters from: (1) Terence W. Norman, Founder, Blue 
Tractor Group, LLC, dated May 8, 2018 and (2) Kevin S. Haeberle, 
Associate Professor of Law, William & Mary Law School, dated June 6, 
2018. The comment letters are available on the Commission's website 
at: https://www.sec.gov/comments/sr-nysearca-2018-04/nysearca201804.htm.
    \10\ See Securities Exchange Act Release No. 83676. The 
Commission designated September 23, 2018, as the date by which the 
Commission must either approve or disapprove the proposed rule 
change.
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    On July 20, 2018, the Exchange withdrew the proposed rule change 
(SR-NYSEArca-2018-04).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
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    \11\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-16169 Filed 7-27-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 146 / Monday, July 30, 2018 / Notices 36635

d. Annual Burden Hours: 334 hours. Royce Pennsylvania ETF, Royce Premier SECURITIES AND EXCHANGE
General Description of Collection: The ETF, and Royce Total Return ETF under COMMISSION
Peace Corps uses the Coverdell World proposed NYSE Arca Rule 8.900–E. The
[Release No. 34–83691; File No. SR–LCH
Wise Schools Connections Forms to proposed rule change was published for SA–2018–003]
collect essential administrative comment in the Federal Register on
information from educators and group January 26, 2018.3 On March 7, 2018, Self-Regulatory Organizations; LCH
leaders to use to facilitate connection pursuant to Section 19(b)(2) of the Act,4 SA; Order Approving Proposed Rule
with current/returned Peace Corps the Commission designated a longer Change Relating to Liquidity Risk
Volunteers. These forms are the first period within which to approve the Management
point of contact with the participating proposed rule change, disapprove the
educator. It is Paul D. Coverdell World proposed rule change, or institute July 24, 2018.
Wise Schools’ fundamental source of proceedings to determine whether to I. Introduction
information from educators. disapprove the proposed rule change.5
On June 4, 2018, Banque Centrale de
Request for Comment: Peace Corps The Commission received five comment
Compensation, which conducts
invites comments on whether the letters on the proposed rule change.6 On
business under the name LCH SA (‘‘LCH
proposed collections of information are April 26, 2018, the Commission
SA’’), filed with the Securities and
necessary for proper performance of the instituted proceedings under Section
Exchange Commission (‘‘Commission’’),
functions of the Peace Corps, including 19(b)(2)(B) of the Act 7 to determine
pursuant to Section 19(b)(1) of the
whether the information will have whether to approve or disapprove the
Securities Exchange Act of 1934
practical use; the accuracy of the proposed rule change.8 Thereafter, the
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 a
agency’s estimate of the burden of the Commission received two additional
proposed rule change (the ‘‘Proposed
proposed collection of information, comments on the proposed rule
Rule Change’’) to amend its Risk
including the validity of the information change.9 On July 20, 2018, the Management Procedures (the
to be collected; and, ways to minimize Commission designated a longer period ‘‘Procedures’’) to adopt a Liquidity Risk
the burden of the collection of for action on the proposed rule Modelling Framework (the
information on those who are to change.10 ‘‘Framework’’). The proposed rule
respond, including through the use of On July 20, 2018, the Exchange change was published for comment in
automated collection techniques, when withdrew the proposed rule change the Federal Register on June 22, 2018.3
appropriate, and other forms of (SR–NYSEArca–2018–04). The Commission has not received any
information technology. For the Commission, by the Division of comments on the proposed rule change.
This notice is issued in Washington, DC, Trading and Markets, pursuant to delegated For the reasons discussed below, the
on May 23, 2018. authority.11 Commission is approving the proposed
Virginia Burke, Eduardo A. Aleman, rule change.
FOIA/Privacy Act Officer, Management. Assistant Secretary.
II. Description of the Proposed Rule
[FR Doc. 2018–16150 Filed 7–27–18; 8:45 am] [FR Doc. 2018–16169 Filed 7–27–18; 8:45 am]
Change
BILLING CODE 6051–01–P BILLING CODE 8011–01–P
The Framework 4 describes the
3 See Securities Exchange Act Release No. 82549
Liquidity Stress Testing framework by
(January 19, 2018), 83 FR 3846. which the Collateral and Liquidity Risk
SECURITIES AND EXCHANGE
4 15 U.S.C. 78s(b)(2). Management department (‘‘CaLRM’’) of
COMMISSION 5 See Securities Exchange Act Release No. 82824, LCH Group Holdings Limited (‘‘LCH
[Release No. 34–83692; File No. SR– 83 FR 10934 (March 13, 2018). The Commission Group’’) assures that LCH SA has
NYSEArca–2018–04] designated April 26, 2018, as the date by which the enough cash available to meet any
Commission shall approve or disapprove, or
institute proceedings to determine whether to financial obligations, both expected and
Self-Regulatory Organizations; NYSE unexpected, that may arise over the
disapprove, the proposed rule change.
Arca, Inc.; Notice of Withdrawal of a 6 See letters from: (1) Terence W. Norman, liquidation period for each of the
Proposed Rule Change To Adopt a Founder, Blue Tractor Group, LLC, dated February clearing services that LCH SA offers.5
New NYSE Arca Rule 8.900–E and To 6, 2018; (2) Simon P. Goulet, Co-Founder, Blue The Framework compliments other
List and Trade Shares of the Royce Tractor Group, LLC, dated February 13, 2018; (3)
Todd J. Broms, Chief Executive Officer, Broms & policies and procedures LCH uses to
Pennsylvania ETF, Royce Premier ETF, Company LLC, dated February 16, 2018; (4) Kevin
and Royce Total Return ETF Under S. Haeberle, Associate Professor of Law, William & 1 15 U.S.C. 78s(b)(1).
Proposed NYSE Arca Equities Rule Mary Law School, dated February 16, 2018; and (5) 2 17 CFR 240.19b–4.
8.900–E Gary L. Gastineau, President, ETF Consultants.com, 3 Securities Exchange Act Release No. 34–83456
Inc., dated March 6, 2018. The comment letters are (June 18, 2018), 83 FR 29146 (June 22, 2018) (SR–
July 24, 2018. available at: https://www.sec.gov/comments/sr- LCH–2018–003) (‘‘Notice’’).
nysearca-2018-04/nysearca201804.htm.
On January 8, 2018, NYSE Arca, Inc. 7 15 U.S.C. 78s(b)(2)(B).
4 Capitalized terms used herein but not otherwise

defined have the meaning set forth in the
(‘‘Exchange’’) filed with the Securities 8 See Securities Exchange Act Release No. 83120,
Framework and LCH SA rulebook, which is
and Exchange Commission 83 FR 19371 (May 2, 2018). available at https://www.lch.com/system/files/
(‘‘Commission’’), pursuant to Section 9 See letters from: (1) Terence W. Norman, media_root/CDSClear_Rule_Book_04.01.2018.pdf.
19(b)(1) of the Securities Exchange Act Founder, Blue Tractor Group, LLC, dated May 8, 5 Notice, 83 FR at 29146.

2018 and (2) Kevin S. Haeberle, Associate Professor LCH SA, a wholly owned subsidiary of LCH
of 1934 (‘‘Act’’) 1 and Rule 19b–4 of Law, William & Mary Law School, dated June 6, Group, manages its liquidity risk pursuant to,
thereunder,2 a proposed rule change to
daltland on DSKBBV9HB2PROD with NOTICES

2018. The comment letters are available on the among other policies and procedures, the Group
adopt new NYSE Arca Rule 8.900–E to Commission’s website at: https://www.sec.gov/ Liquidity Risk Policy and the Group Liquidity Plan
permit it to list and trade Managed comments/sr-nysearca-2018-04/ applicable to each entity within LCH Group.
nysearca201804.htm. In addition to its CDSClear service, LCH SA
Portfolio Shares. The Exchange also 10 See Securities Exchange Act Release No. 83676.
provides clearing services in connection with cash
proposed to list and trade shares of The Commission designated September 23, 2018, as equities and derivatives listed for trading on
the date by which the Commission must either Euronext (EquityClear), commodity derivatives
1 15 U.S.C. 78s(b)(1). approve or disapprove the proposed rule change. listed for trading on Euronext (CommodityClear),
2 17 CFR 240.19b–4. 11 17 CFR 200.30–3(a)(12). and tri-party Repo transactions (RepoClear).

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Document Created: 2018-07-28 01:44:06
Document Modified: 2018-07-28 01:44:06

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 36635