Document ID: SEC-2015-2037-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange, LLC
Posted Date: 2015-12-09T05:00Z

[Federal Register Volume 80, Number 236 (Wednesday, December 9, 2015)]
[Notices]
[Page 76602]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30942]

[[Page 76602]]

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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-76551; File No. SR-NYSE-2015-46]

Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Designation of a Longer Period for Commission Action on a 
Proposed Rule Change To Establish Rules To Comply With the Requirements 
of the Plan To Implement a Tick Size Pilot Plan Submitted to the 
Commission Pursuant to Rule 608 of Regulation NMS Under the Act

December 3, 2015.
    On October 9, 2015, the New York Stock Exchange LLC (``NYSE'' or 
``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 establish rules to comply with the requirements 
of the plan to implement a Tick Size Pilot Plan submitted to the 
Commission pursuant to Rule 608 of Regulation NMS under the Act. The 
proposed rule change was published for comment in the Federal Register 
on October 28, 2015.\3\ The Commission received one comment letter on 
the proposal.\4\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 76229 (October 22, 
2015), 80 FR 66065.
    \4\ See Letter from Mary Lou Von Kaenel, Managing Director, 
Financial Information Forum, to Brent J. Fields, Secretary, 
Commission, dated November 5, 2015. (``FIF Letter'').
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \5\ provides that, within 45 days of 
the publication of the 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 for this filing is December 12, 2015.
---------------------------------------------------------------------------

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

    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 proposal.
    Accordingly, pursuant to Section 19(b)(2) of the Act,\6\ the 
Commission designates January 26, 2016, 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-NYSE-2015-46).
---------------------------------------------------------------------------

    \6\ Id.
    \7\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-30942 Filed 12-8-15; 8:45 am]
BILLING CODE 8011-01-P