Document ID: SEC-2011-1696-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: EDGA Exchange, Inc.
Posted Date: 2011-11-04T04:00Z

[Federal Register Volume 76, Number 214 (Friday, November 4, 2011)]
[Notices]
[Pages 68520-68521]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-28529]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-65660; File Nos. SR-EDGA-2011-29; SR-EDGX-2011-28]

Self-Regulatory Organizations; EDGA Exchange, Inc.; EDGX 
Exchange, Inc.; Notice of Designation of Longer Period for Commission 
Action on Proposed Rule Changes Relating to Amendments to EDGA and EDGX 
Rules Regarding the Registration and Obligations of Market Makers

October 31, 2011.
    On August 30, 2011, EDGA Exchange, Inc. and EDGX Exchange, Inc. 
(``EDGA'' and ``EDGX,'' or ``Exchanges'') 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\ proposed rule changes relating to amendments to EDGA and 
EDGX rules regarding the registration and obligations of market makers. 
The proposed rule changes were published for comment in the Federal 
Register on September 16, 2011.\3\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 65315 (September 12, 
2011), 76 FR 57772 (September 16, 2011) (SR-EDGX-2011-28); 
Securities Exchange Act Release No. 65316 (September 12, 2011), 76 
FR 57787 (SR-EDGA-2011-29).
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    Section 19(b)(2) of the Act \4\ provides that, within forty-five 
days of the publication of notice of the filing of a proposed rule 
change, or within such longer period as the Commission may designate up 
to ninety days of such date if it finds such longer period to be 
appropriate and publishes its reasons for so finding, the Commission 
shall either approve or disapprove the proposed rule change or 
institute proceedings to determine whether the proposed rule change 
should be disapproved. The 45th day for these filings is October 31, 
2011.
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    \4\ 15 U.S.C. 78s(b)(2).

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[[Page 68521]]

    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule changes so that it has 
sufficient time to consider these proposed rule changes and the issues 
raised by these proposals.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates December 15, 2011, as the date by which the 
Commission should either approve, disapprove, or institute proceedings 
to determine whether to disapprove the proposed rule changes.
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2011-28529 Filed 11-3-11; 8:45 am]
BILLING CODE 8011-01-P