39930 Federal Register / Vol. 82, No. 161 / Tuesday, August 22, 2017 / Notices 

6 15 U.S.C. 78f(b). 

7 15 U.S.C. 78f(b)(5). 8See Footnote 5, supra. 

9 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

develop procedures by which they can 

obtain essential data. Listed issuers have 

informed the Exchange that they are 

unable to complete this extensive 

project by the pending October 1, 2017 

implementation date. The Exchange 

believes that it is critical for listed ETFs 

issuers to have the appropriate 

procedures and systems in place to 

monitor and evidence ETF compliance 

with the new continued listing rules 

before such rules are implemented. 

Therefore, the Exchange proposes to 

extend the implementation date for the 

Proposed Rule Change until July 1, 

2018. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Act,6 in general, and 

furthers the objectives of Sections [sic] 

6(b)(5) 7 of the Act, in particular, in that 

it is designed to promote just and 

equitable principles of trade, to foster 

cooperation and coordination with 

persons engaged in regulating, clearing, 

settling, processing information with 

respect to, and facilitating transactions 

in securities, 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 that the proposed 

amendment is consistent with the 

protection of investors because it will 

enable listed issuers to have the systems 

and procedures needed to monitor and 

evidence compliance with the Proposed 

Rule Change prior to such rule being 

implemented. Providing listed issuers 

with additional time to ensure that they 

have adequate compliance systems in 

place furthers the protection of investors 

and the public interest because it will 

enhance investor confidence that listed 

issuers are complying with Exchange 

rules. 

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 not 

necessary or appropriate in furtherance 

of the purposes of the Act, as amended. 

The Exchange notes that the proposed 

rule change will facilitate listed issuer 

ability to monitor and evidence 

compliance with approved continued 

listing rules by providing issuers with 

additional time to develop and test their 

internal systems and procedures prior to 

the implementation date. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange received a copy of a 

letter from the Investment Company 

Institute, on behalf of listed ETF issuers, 

to the Securities and Exchange 

Commission.8 As described in Item 3 

[sic], above, the Investment Company 

Institute detailed challenges that listed 

ETF issuers are facing in developing 

compliance systems to address the 

amendments contained in the Proposed 

Rule Change and have requested that 

the implementation date for such 

amendments be extended to July 1, 

2018. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register or within such longer period 

up to 90 days (i) as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or (ii) as to which 

the self-regulatory organization 

consents, the Commission will: 

(A) By order approve or disapprove 

the proposed rule change, or 

(B) institute proceedings to determine 

whether the proposed rule change 

should be disapproved. 

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 rule-comments@

sec.gov. Please include File Number SR– 

NYSEArca–2017–84 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE., 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–NYSEArca–2017–84. This 

file number should be included on 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 Room, 100 F Street NE., 

Washington, DC 20549 on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. 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–2017–84 and should be 

submitted on or before September 12, 

2017. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.9

Robert W. Errett, 

Deputy Secretary. 

[FR Doc. 2017–17687 Filed 8–21–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81407; File No. SR– 

BatsEDGX–2017–33] 

Self-Regulatory Organizations; Bats 

EDGX Exchange, Inc.; Notice of Filing 

and Immediate Effectiveness of a 

Proposed Rule Change to Rule 21.2, 

Days and Hours of Business 

August 16, 2017. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on August 2, 

2017, Bats EDGX Exchange, Inc. (the 

‘‘Exchange’’ or ‘‘EDGX’’) 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 Exchange. The Exchange has 

designated this proposal as a ‘‘nonVerDate Sep<11>2014 18:00 Aug 21, 2017 Jkt 241001 PO 00000 Frm 00182 Fmt 4703 Sfmt 4703 E:\FR\FM\22AUN1.SGM 22AUN1

sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 82, No. 161 / Tuesday, August 22, 2017 / Notices 39931 

3 15 U.S.C. 78s(b)(3)(A). 

4 17 CFR 240.19b–4(f)(6)(iii). 

5See e.g., the trading hours of options on NYSE 

MKT and NYSE Arca Inc., available at, https://

www.nyse.com/markets/hours-calendars. 

6 15 U.S.C. 78s(b)(3)(A). 

7 17 CFR 240.19b–4. The Exchange has given the 

Commission written notice of its intent to file the 

proposed rule change, along with a brief description 

and text of 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. 

controversial’’ proposed rule change 

pursuant to Section 19(b)(3)(A) of the 

Act 3 and Rule 19b–4(f)(6)(iii) 

thereunder,4 which renders it effective 

upon filing with the Commission. 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 filed a proposal to 

amend Rule 21.2, Days and Hours of 

Business. 

The text of the proposed rule change 

is available at the Exchange’s Web site 

at www.bats.com, at the principal office 

of the Exchange, 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 

Exchange 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 

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 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of this filing is to amend 

Rule 21.2 to clarify the trading hours for 

options on fund shares (‘‘ETF’s’’) and 

exchange-traded notes (‘‘ETNs’’). 

Specifically, the Exchange seeks to 

amend Rule 21.2 to provide that options 

on ETF’s and ETNs (collectively 

exchange-traded products or ‘‘ETPs’’) 

may be traded on the Exchange until 

3:15 p.m. (CT) each business day. The 

Exchange notes that the proposed rule is 

based on C2 Options Exchange, 

Incorporated (‘‘C2’’) Rule 6.1 and NYSE 

MKT LLC (‘‘NYSE MKT’’) Rule 901NY 

Commentary .02. 

Currently, Rule 21.2 provides that all 

options on ETPs will be traded on the 

Exchange until 3:15 p.m. (CT); however, 

industry practice and the Exchange’s 

current practice allow the vast majority 

of options on ETPs to be traded until 

3:00 p.m. (CT), while allowing certain 

options on ETPs to trade until 3:15 p.m. 

(CT).5 This filing seeks to align EDGX 

Rules with industry practice. 

2. Statutory Basis 

The Exchange believes the proposed 

rule change is consistent with the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) and the rules and regulations 

thereunder applicable to the Exchange 

and, in particular, the requirements of 

Section 6(b) of the Act. Specifically, the 

Exchange believes the proposed rule 

change is consistent with the Section 

6(b)(5) requirements that the rules of an 

exchange be designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to foster cooperation 

and coordination with persons engaged 

in regulating, clearing, settling, 

processing information with respect to, 

and facilitating transactions in 

securities, 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. 

Additionally, the Exchange believes the 

proposed rule change is consistent with 

the Section 6(b)(5) requirement that the 

rules of an exchange not be designed to 

permit unfair discrimination between 

customers, issuers, brokers, or dealers. 

In particular, the proposed rule 

change will protect investors and the 

public interest by reducing potential 

confusing regarding EDGX’s trading 

hours for options on ETPs and aligning 

EDGX’s Rules regarding trading orders 

for options on ETPs with industry 

practice. The Exchange notes that the 

proposed rule is based on C2 Rule 6.1 

and NYSE MKT Rule 901NY 

Commentary .02. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

EDGX 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. The 

proposed rule change will not impose 

any burden on intermarket or 

intramarket competition as the proposed 

rule change will align EDGX’s Rules 

regarding trading orders for options on 

ETPs with industry practice. In 

addition, the proposed rule change does 

not modify the construct for trading 

hours but simply identifies the products 

that may close at 3:00 p.m. (CT) or 3:15 

p.m. (CT), which is consistent with the 

industry. 

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 proposed rule 

change does not: (A) Significantly affect 

the protection of investors or the public 

interest; (B) impose any significant 

burden on competition; and (C) by its 

terms, become operative for 30 days 

from the date on which it was filed or 

such shorter time as the Commission 

may designate, it has become effective 

pursuant to Section 19(b)(3)(A) of the 

Act 6 and paragraph (f)(6) of Rule 19b– 

4 thereunder.7

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: (1) Necessary or appropriate in 

the public interest; (2) for the protection 

of investors; or (3) otherwise in 

furtherance of the purposes of the Act. 

If the Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

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 rule-comments@

sec.gov. Please include File Number SR– 

BatsEDGX–2017–33 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE., 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–SR–BatsEDGX–2017–33. 

This file number should be included on 


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39932 Federal Register / Vol. 82, No. 161 / Tuesday, August 22, 2017 / Notices 

8 17 CFR 200.30–3(a)(12). 

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 Room, 100 F Street NE., 

Washington, DC 20549, on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. 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–SR– 

BatsEDGX–2017–33 and should be 

submitted on or before September 12, 

2017. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–17683 Filed 8–21–17; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF STATE 

[Public Notice: 10095] 

Notifications to Congress of Proposed 

Export Licenses 

AGENCY: Department of State. 

ACTION: Notice. 

SUMMARY: Notice is hereby given that 

the Department of State has forwarded 

the attached Notifications of Proposed 

Export Licenses to the Congress on the 

dates indicated on the attachments. 

DATES: As shown on each of the 51 

letters. 

FOR FURTHER INFORMATION CONTACT: Mr. 

Anthony M. Dearth Directorate of 

Defense Trade Controls, Department of 

State, telephone (202) 663–2836; e-mail 

DDTCResponseTeam@state.gov. ATTN: 

Congressional Notification of Licenses. 

SUPPLEMENTARY INFORMATION: Pursuant 

to sections 36(c) and 36(d), and in 

compliance with section 36(f), of the 

Arms Export Control Act. Section 36(f) 

of the Arms Export Control Act (22 

U.S.C. 2776) mandates that notifications 

to the Congress pursuant to sections 

36(c) and 36(d) must be published in the 

Federal Register when they are 

transmitted to Congress or in a timely 

manner. 

Following are such notifications to 

the Congress: 

January 19, 2017 

The Honorable Joseph R. Biden, Jr., President 

of the Senate. 

Dear Mr. Speaker: Pursuant to Section 

36(c) of the Arms Export Control Act, I am 

transmitting certification of a proposed 

license for the export of firearms, parts, and 

components abroad controlled under 

Category I of the United States Munitions List 

in the amount of $1,000,000 or more. 

The transaction contained in the attached 

certification involves the export of M4 

carbines and accessories to the Government 

of Honduras. 

The United States government is prepared 

to license the export of these items having 

taken into account political, military, 

economic, human rights, and arms control 

considerations. 

More detailed information is contained in 

the formal certification which, though 

unclassified, contains business information 

submitted to the Department of State by the 

applicant, publication of which could cause 

competitive harm to the United States firm 

concerned. 

Sincerely, 

Julia Frifield, 

Assistant Secretary, Legislative Affairs. 

Enclosure: Transmittal No. DDTC 15–140. 

February 8, 2017 

The Honorable Paul D. Ryan, Speaker of the 

House of Representatives. 

Dear Mr. Speaker: Pursuant to Section 

36(d) of the Arms Export Control Act, I am 

transmitting certification of a proposed 

license for the export of defense articles, 

including technical data, and defense 

services for the manufacture of significant 

military equipment abroad. 

The transaction contained in the attached 

certification involves the export of defense 

articles, including technical data, and 

defense services to the Czech Republic, 

Germany, Poland, and the United Kingdom 

in support of the manufacture of Tactical 

Advanced Land Inertial Navigator 3000/5000 

series Inertial Navigation Units. 

The United States government is prepared 

to license the export of these items having 

taken into account political, military, 

economic, human rights, and arms control 

considerations. 

More detailed information is contained in 

the formal certification which, though 

unclassified, contains business information 

submitted to the Department of State by the 

applicant, publication of which could cause 

competitive harm to the United States firm 

concerned. 

Sincerely, 

Joseph E. Macmanus, 

Acting Assistant Secretary, Legislative 

Affairs. 

Enclosure: Transmittal No. DDTC 16–079. 

February 8, 2017 

The Honorable Paul D. Ryan, Speaker of the 

House of Representatives. 

Dear Mr. Speaker: Pursuant to Section 

36(c) of the Arms Export Control Act, I am 

transmitting certification of an amendment to 

a technical assistance agreement for the 

export of defense articles, including technical 

data, and defense services in the amount of 

$50,000,000 or more. 

The transaction contained in the attached 

certification involves the continued export of 

defense articles, including technical data and 

defense services for the Organizational, 

Intermediate, and Depot Level Maintenance 

of T700–GE–701C/701D engines for end use 

by the United Arab Emirates Armed Forces. 

The United States government is prepared 

to license the export of these items having 

taken into account political, military, 

economic, human rights, and arms control 

considerations. 

More detailed information is contained in 

the formal certification which, though 

unclassified, contains business information 

submitted to the Department of State by the 

applicant, publication of which could cause 

competitive harm to the United States firm 

concerned. 

Sincerely, 

Joseph E. Macmanus, 

Acting Assistant Secretary, Legislative 

Affairs. 

Enclosure: Transmittal No. DDTC 16–084. 

February 8, 2017 

The Honorable Paul D. Ryan, Speaker of the 

House of Representatives. 

Dear Mr. Speaker: Pursuant to Section 

36(c) of the Arms Export Control Act, I am 

transmitting certification of a proposed 

license for the export of firearms, parts, and 

accessories abroad controlled under Category 

I of the United States Munitions List in the 

amount of $1,000,000 or more. 

The transaction contained in the attached 

certification involves the export of semiautomatic pistols, spare barrels, and spare 

parts to Tunisia. 

The United States government is prepared 

to license the export of these items having 

taken into account political, military, 

economic, human rights, and arms control 

considerations. 

More detailed information is contained in 

the formal certification which, though 

unclassified, contains business information 

submitted to the Department of State by the 

applicant, publication of which could cause 

competitive harm to the United States firm 

concerned. 

Sincerely, 

Joseph E. Macmanus, 

Acting Assistant Secretary Legislative Affairs. 

Enclosure: Transmittal No. DDTC 16–096. 

February 8, 2017 


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