[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)]
[Notices]
[Page 45922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21000]



[[Page 45922]]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81721; File No. SR-NYSEArca-2017-85]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change, as Modified by Amendment No. 1, To Amend NYSE Arca Equities 
Rule 8.700 to Reference EURO STOXX 50 Volatility Index Futures and To 
List and Trade Shares of the ProShares European Volatility Futures ETF

September 26, 2017.
    On July 28, 2017, NYSE Arca, Inc. 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 amend NYSE Arca Equities Rule 
8.700 to add EURO STOXX 50 Volatility Index (VSTOXX[supreg]) futures to 
the financial instruments that an issue of Managed Trust Securities may 
hold; and (2) to list and trade shares of the ProShares European 
Volatility Futures ETF under proposed amended NYSE Arca Equities Rule 
8.700. The proposed rule change was published for comment in the 
Federal Register on August 16, 2017.\3\ On September 21, 2017, the 
Exchange submitted Amendment No. 1 to the proposed rule change.\4\ The 
Commission has received no comment letters on the proposed rule change.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 81373 (August 10, 
2017), 82 FR 38973.
    \4\ Amendment No. 1 replaces and supersedes the original filing 
in its entirety. Amendment No. 1 is located at: https://www.sec.gov/comments/sr-nysearca-2017-85/nysearca201785-2589875-161110.pdf.
---------------------------------------------------------------------------

    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 September 30, 2017. The Commission is extending this 45-day time 
period. 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.
---------------------------------------------------------------------------

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

    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates November 14, 2017, 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-NYSEArca-2017-85), as modified by Amendment No. 1.
---------------------------------------------------------------------------

    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
---------------------------------------------------------------------------

    \7\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-21000 Filed 9-29-17; 8:45 am]
 BILLING CODE 8011-01-P