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 Securities and Exchange Commission [Release No. 34–62031; File No. SR–NYSEArca–2010–39]
 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 April 28, 2010, NYSE Arca, Inc. (“NYSE Arca” or the “Exchange”) filed with the Securities and Exchange Commission (the “Commission”) the proposed rule change as described in Items I, II, and III 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. I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to designate 75 options classes to be added to the Penny Pilot Program for Options (“Penny Pilot” or “Pilot”) on May 3, 2010. There are no changes to the rule text. A copy of this filing is available on the Exchange's Web site at 
                    *http://www.nyse.com,*
                     at the Exchange's principal office and at the Commission's Public Reference Room. II. Self-Regulatory Organization's Statement of the Purpose of, and 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 those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose NYSE Arca proposes to identify the next 75 options classes to be added to the Penny Pilot effective May 3, 2010. The Exchange recently received approval to extend and expand the Pilot through December 31, 2010.[4]
                    
                     In that filing, the Exchange had proposed expanding the Pilot on a quarterly basis to add the next 75 most actively traded multiply listed options classes based on national average daily volume for the six months prior to selection, closing under $200 per share on the Expiration Friday prior to expansion, except that the month immediately preceding their addition to the Penny Pilot will not be 
                    ( print page 26300)
                    used for the purpose of the six month analysis.[5] NYSE Arca proposes adding the following 75 options classes to the Penny Pilot on May 3, 2010, based on national average daily volume from October 1, 2009 through March 31, 2010: Nat'l Ranking
Symbol
Security name153
XLV
Health Care Select Sector SPDR Fund.155
CIEN
Ciena Corp.157
AMLN
Amylin Pharmaceuticals Inc.158
CTIC
Cell Therapeutics Inc.159
MDT
Medtronic Inc.162
TIVO
TiVo Inc.163
MNKD
MannKind Corp.171
MDVN
Medivation Inc.176
BRKB
Berkshire Hathaway Inc.178
APOL
Apollo Group Inc.181
BSX
Boston Scientific Corp.185
XLY
Consumer Discretionary Sel. Sec. SPDR Fund.188
CLF
Cliffs Natural Resources Inc.190
ZION
Zions Bancorporation.194
IOC
InterOil Corp.197
ITMN
InterMune Inc.204
GME
GameStop Corp.209
XLK
Technology Select Sector SPDR Fund.210
AKS
AK Steel Holding Corp.212
GRMN
Garmin Ltd.213
MRVL
Marvell Technology Group Ltd.215
XLP
Consumer Staples Select Sector SPDR Fund.216
UNP
Union Pacific Corp.220
DTV
DIRECTV.223
WMB
Williams Cos Inc/The.225
MEE
Massey Energy Co.227
CELG
Celgene Corp.229
GMCR
Green Mountain Coffee Roasters Inc.231
WDC
Western Digital Corp.234
DAL
Delta Air Lines Inc.235
FXE
CurrencyShares Euro Trust.237
COST
Costco Wholesale Corp.239
MJN
Mead Johnson Nutrition Co.240
ALL
Allstate Corp/The.241
SII
Smith International Inc.242
RTN
Raytheon Co.243
DVN
Devon Energy Corp.244
MT
ArcelorMittal.247
JCP
JC Penney Co Inc.248
ACL
Alcon Inc.249
STP
Suntech Power Holdings Co Ltd.250
TLB
Talbots Inc.251
SYMC
Symantec Corp.253
AMED
Amedisys Inc.255
TM
Toyota Motor Corp.257
HK
Petrohawk Energy Corp.258
ENER
Energy Conversion Devices Inc.259
STT
State Street Corp.260
BHP
BHP Billiton Ltd.261
NFLX
NetFlix Inc.262
LDK
LDK Solar Co Ltd.263
SPG
Simon Property Group Inc.264
TIF
Tiffany & Co.265
BUCY
Bucyrus International Inc.266
WAG
Walgreen Co.268
IP
International Paper Co.271
XME
SPDR S&P Metals & Mining ETF.272
KGC
Kinross Gold Corp.273
EP
El Paso Corp.274
SEED
Origin Agritech Ltd.275
WIN
Windstream Corp.279
DHI
DR Horton Inc.280
ADBE
Adobe Systems Inc.281
PCX
Patriot Coal Corp.282
SPWRA
SunPower Corp.284
LCC
US Airways Group Inc.285
PRU
Prudential Financial Inc.286
LEN
Lennar Corp.287
EWT
iShares MSCI Taiwan Index Fund.288
KBH
KB Home.289
CREE
Cree Inc.290
SIRI
Sirius XM Radio Inc.291
MMR
McMoRan Exploration Co.292
CENX
Century Aluminum Co.293
GFI
Gold Fields Ltd.
 2. Statutory Basis The Exchange believes the proposed rule change is consistent with and furthers the objectives of Section 6(b)(5) of the Act, in that it is designed to promote just and equitable principles of trade, remove impediments to and perfect the mechanisms of a free and open market and a national market system and, in general, to protect investors and the public interest, by identifying the options classes to be added to the Pilot in a manner consistent with prior approvals and filings. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition that is not necessary or appropriate in furtherance of the purposes of the Act. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were solicited or received with respect to the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The proposed rule change is effective upon filing pursuant to Section 19(b)(3)(A)(i)  [6]
                    
                     of the Act and Rule 19b–4(f)(1)  [7]
                    
                     thereunder, in that it constitutes a stated policy, practice, or interpretation with respect to the meaning, administration, or enforcement of an existing rule of the Exchange. At any time within 60 days of the filing of the proposed rule change, the Commission may summarily abrogate 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. 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 e-mail to*rule-comments@sec.gov.*
                     Please include File Number SR–NYSEArca–2010–39 on the subject line. Paper Comments Send paper comments in triplicate to Elizabeth M. Murphy, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–1090. All submissions should refer to File Number SR–NYSEArca–2010–39. This file number should be included on the subject line if e-mail 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 
                    ( print page 26301)
                    available for Web site viewing and copying in the Commission's Public Reference Section, 100 F Street, NE., Washington, DC 20549–1090 on official business days between the hours of 10 a.m. and 3 p.m. Copies of the filing will also be available for inspection and copying at NYSE Arca's principal office. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–NYSEArca–2010–39 and should be submitted on or before June 1, 2010. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.[8] Florence E. Harmon, Deputy Secretary.


# Footnotes

1.
    
                         15 U.S.C.78s(b)(1). Back to Citation
 2.
    
                         15 U.S.C. 78a. Back to Citation
 3.
    
                         17 CFR 240.19b–4. Back to Citation
 4.
    
                         
                        *See*
                         Exchange Act Release No. 60711 (September 23, 2009), 74 FR 49419 (September 28, 2009) (order approving SR–NYSEArca–2009–44). Back to Citation
 5.
    
                         Index products would be included in the expansion if the underlying index level was under 200. Back to Citation
 6.
    
                         15 U.S.C. 78s(b)(3)(A)(i). Back to Citation
 7.
    
                         17 CFR 240.19b–4(f)(1). Back to Citation
 8.
    
                             17 CFR 200.30–3(a)(12). Back to Citation


[FR Doc. 2010–11093 Filed 5–10–10; 8:45 am] BILLING CODE 8010–01–P