40050 Federal Register / Vol. 82, No. 162 / Wednesday, August 23, 2017 / Notices 

65See id. 

66 15 U.S.C. 78s(b)(2). 

67 Id. 

68 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b-4. 

3Securities Exchange Act Release No. 34–81029 

(June 27, 2017), 82 FR 30931 (July 3, 2017) (SR– 

ICC–2017–008) (‘‘Notice’’). 

4 15 U.S.C. 78s(b)(2). 

should simplify and streamline the 

Exchange’s administration of its rules. 

Thus, the Commission believes that the 

proposed changes related to integration 

of the NYSE Arca Equities rules into the 

NYSE Arca rules are consistent with 

Sections 6(b)(1) and 6(b)(5) of the Act. 

Finally, the Exchange proposes 

certain changes to the disciplinary 

proceedings rules governing its Permit 

Holders. The Exchange proposes to 

incorporate the rules relating to the 

current NYSE Arca Equities Business 

Conduct Committee (referred to as ‘‘the 

BCC’’) into the Exchange’s rules and to 

integrate the rules for disciplinary 

proceedings to cover both ETP Holders 

and OTP Holders. The Exchange 

represents that the proposed changes 

would provide that disciplinary 

proceedings involving ETP Holders 

would continue to be heard by the BCC, 

while disciplinary proceedings 

involving OTP Holders would continue 

to be heard by the Ethics and Business 

Conduct Committee (referred to as ‘‘the 

EBCC’’).65 The Exchange also proposes 

revisions to its rules to clarify that the 

review of decisions by either the BCC or 

EBCC would be heard by the CFR, a 

committee of the Board, rather than the 

full Board. The Commission notes, 

however, that the proposed changes 

would not fundamentally alter the 

current disciplinary procedures for 

either ETP Holders or OTP Holders, but 

would continue the existing 

disciplinary processes in a single 

rulebook and would provide further 

clarity about the Exchange’s current 

review process. Thus, the Commission 

finds that the proposed changes to the 

disciplinary rules are consistent with 

Sections 6(b)(5) and 6(b)(7) of the Act. 

IV. Solicitation of Comments on 

Amendment No. 2 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether Amendment No. 2 to 

the proposed rule change is consistent 

with the Exchange 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–2017–40 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–2017–40. 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–2017–40 and should be 

submitted by September 13, 2017. 

V. Accelerated Approval of Proposed 

Rule Change, as Modified by 

Amendment No. 2 

The Commission finds good cause to 

approve the proposed rule change, as 

modified by Amendment No. 2, prior to 

the 30th day after the date of 

publication of notice of Amendment No. 

2 in the Federal Register. As discussed 

above, Amendment No. 2 revises the 

Exchange’s rule text primarily to reflect 

updates to its rules that resulted from 

Exchange filings that became effective 

after the Exchange filed the original 

proposed rule change and to make other 

clarifying, correcting, or updating 

changes to the proposed rule text. In 

addition, in Amendment No. 2, the 

Exchange modifies its original proposal 

by carrying over the Equities Fee 

Schedule, as set forth in new Exhibit 5E, 

and making minor updating changes 

instead of replacing that fee schedule in 

its entirety. The Commission believes 

that the proposed changes in 

Amendment No. 2 do not raise any new 

issues, but rather would add greater 

clarity to the proposed rule change. 

Accordingly, the Commission finds 

good cause, pursuant to Section 19(b)(2) 

of the Exchange Act,66 to approve the 

proposed rule change, as modified by 

Amendment No. 2 on an accelerated 

basis. 

VI. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Exchange Act,67

that the proposed rule change (SR– 

NYSEArca–2017–40), as modified by 

Amendment No. 2 thereto, be, and 

hereby is, approved on an accelerated 

basis. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.68

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–17808 Filed 8–22–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81414; File No. SR–ICC– 

2017–009] 

Self-Regulatory Organizations; ICE 

Clear Credit LLC; Notice of 

Designation of Longer Period for 

Commission Action on Proposed Rule 

Change To Provide for the Clearance 

of Additional Credit Default Swap 

Contracts 

August 17, 2017. 

On June 13, 2017, ICE Clear Credit 

LLC (‘‘ICC’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

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

proposed rule change to provide for the 

clearance of additional credit default 

swap contracts (File No. SR–ICC–2017– 

009). The proposed rule change was 

published for comment in the Federal 

Register on July 3, 2017.3 To date, the 

Commission has not received comments 

on the proposed rule change. 

Section 19(b)(2) of the Act 4 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 


asabaliauskas on DSKBBXCHB2PROD with NOTICES
Federal Register / Vol. 82, No. 162 / Wednesday, August 23, 2017 / Notices 40051 

5 15 U.S.C. 78s(b)(2). 

6 17 CFR 200.30–3(a)(31). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 80041 

(February 14, 2017), 82 FR 11252 (‘‘Notice’’). 

4See Securities Exchange Act Release No. 80364, 

82 FR 17065 (April 7, 2017). 

5See letters from: (1) Ryan Hitch, Head of 

Equities Trading, XR Securities LLC, dated 

February 24, 2017; (2) Douglas A. Cifu, Chief 

Executive Officer, Virtu Financial LLC, dated 

February 27, 2017; (3) Joanna Mallers, Secretary, 

FIA Principal Traders Group, dated March 13, 2017; 

(4) Adam Nunes, Head of Business Development, 

Hudson River Trading LLC, dated March 13, 2017; 

(5) R.T. Leuchtkafer, dated March 14, 2017; (6) 

Stephen John Berger, Managing Director, 

Government & Regulatory Policy, Citadel Securities, 

dated March 14, 2017; (7) Tyler Gellasch, Executive 

Director, Healthy Markets Association, March 17, 

2017; (8) Elizabeth K. King, General Counsel and 

Corporate Secretary, New York Stock Exchange, 

dated March 20, 2017; (9) James G. Ongena, 

Executive Vice President and General Counsel, 

CHX, dated March 24, 2017; (10) Steve Crutchfield, 

Head of Market Structure, CTC Trading Group, LLC, 

dated April 4, 2017; and (11) Theodore R. Lazo, 

Managing Director and Associate General Counsel, 

Securities Industry and Financial Markets 

Association, dated May 17, 2017. All comments on 

the proposed rule change are available at: https:// 

www.sec.gov/comments/sr-chx-2017-04/ 

chx201704.htm. 

6 15 U.S.C. 78s(b)(2)(B). 

7See Securities Exchange Act Release No. 80740, 

82 FR 24412 (May 26, 2017). 

8See letters from: (1) R. T. Leuchtkafer, dated 

June 15, 2017; (2) Stephen Berger, Managing 

Director, Government and Regulatory Policy, 

Citadel Securities, dated June 16, 2017; (3) Joanna 

Mallers, Secretary, FIA Principal Traders Group, 

dated June 16, 2017; (4) James G. Ongena, Executive 

Vice President, General Counsel, CHX, dated June 

30, 2017; (5) R. T. Leuchtkafer, dated July 7, 2017; 

and (6) R. T. Leuchtkafer, dated July 10, 2017. 

9 15 U.S.C. 78s(b)(2). 

10See supra text accompanying note 3. 

11 15 U.S.C. 78s(b)(2). 

12 17 CFR 200.30–3(a)(57). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

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 from the 

publication of notice of filing of this 

proposed rule change is August 17, 

2017. 

The Commission is extending the 45- 

day time period for Commission action 

on the proposed rule change. ICC’s 

proposes to revise the ICC Rulebook to 

provide for the clearance of Standard 

Asia Corporate Single Name CDS 

contracts, Standard Asia Financial 

Corporate Single Name CDS contracts, 

and Standard Emerging Market 

Corporate Single Name CDS contracts. 

The Commission finds 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 ICC’s proposed rule change. 

Accordingly, the Commission, 

pursuant to Section 19(b)(2) 5 of the Act, 

designates October 1, 2017, as the date 

by which the Commission should either 

approve or disapprove, or institute 

proceedings to determine whether to 

disapprove, the proposed rule change 

(File No. SR–ICC–2017–009). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–17805 Filed 8–22–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81415; File No. SR–CHX– 

2017–04] 

Self-Regulatory Organizations; 

Chicago Stock Exchange, Inc.; Notice 

of Designation of Longer Period for 

Commission Action on Proceedings To 

Determine Whether To Approve or 

Disapprove a Proposed Rule Change 

To Adopt the CHX Liquidity Enhancing 

Access Delay 

August 17, 2017. 

On February 10, 2017, the Chicago 

Stock Exchange, Inc. (‘‘CHX’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Exchange Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to adopt the CHX Liquidity 

Enhancing Access Delay (‘‘LEAD’’). The 

proposed rule change was published for 

comment in the Federal Register on 

February 21, 2017.3 On April 3, 2017, 

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 the 

proposed rule change should be 

disapproved.4 The Commission received 

eleven comment letters on the proposed 

rule change, including a response from 

the Exchange.5 On May 22, 2017, the 

Commission instituted proceedings 

under Section 19(b)(2)(B) of the 

Exchange Act 6 to determine whether to 

approve or disapprove the proposed 

rule change.7 Since then, the 

Commission has received six more 

comment letters, including a response 

from the Exchange.8

Section 19(b)(2) of the Act 9 provides 

that, after initiating proceedings, the 

Commission shall issue an order 

approving or disapproving the proposed 

rule change not later than 180 days after 

the date of publication of notice of filing 

of the proposed rule change. The 

Commission may, however, extend the 

period for issuing an order approving or 

disapproving the proposed rule change 

by not more than 60 days if the 

Commission determines that a longer 

period is appropriate and publishes the 

reasons for such determination. The 

proposed rule change was published for 

notice and comment in the Federal 

Register on February 21, 2017.10 August 

20, 2017 is 180 days from that date, and 

October 19, 2017 is 240 days from that 

date. 

The Commission finds it appropriate 

to designate a longer period within 

which to issue an order approving or 

disapproving the proposed rule change 

so that it has sufficient time to consider 

the proposed rule change, the issues 

raised in the comment letters that have 

been submitted in connection therewith, 

and the Exchange’s responses to the 

comments. Accordingly, the 

Commission, pursuant to Section 

19(b)(2) of the Act,11 designates October 

19, 2017 as the date by which the 

Commission should either approve or 

disapprove the proposed rule change 

(File No. SR–CHX–2017–04). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2017–17806 Filed 8–22–17; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–81418; File No. SR– 

NYSEAMER–2017–06] 

Self-Regulatory Organizations; NYSE 

American LLC; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Add Certain Rules 

Adopted in Connection With the 

Exchange’s Transition to a FullyAutomated Cash Equities Market to the 

List of Minor Rule Violations in Rule 

9217 of the Office Rules 

August 17, 2017. 

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

Securities Exchange Act of 1934 

(‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that on August 9, 

2017, NYSE American LLC (‘‘NYSE 

American’’ or the ‘‘Exchange’’) filed 

with the Securities and Exchange 


asabaliauskas on DSKBBXCHB2PROD with NOTICES