Document ID: SEC-2014-0117-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2014-01-22T05:00Z

[Federal Register Volume 79, Number 14 (Wednesday, January 22, 2014)]
[Notices]
[Pages 3657-3658]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01105]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71309; File No. SR-NYSEArca-2013-127]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1 Thereto, To List and Trade 
Shares of Nine Series of the IndexIQ Active ETF Trust Under NYSE Arca 
Equities Rule 8.600

January 15, 2014.
    On November 18, 2013, NYSE Arca, Inc. (``Exchange'' or ``NYSE 
Arca'') filed with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'' or ``Exchange Act'') \1\ and Rule 19b-4 
thereunder,\2\ a proposed rule change to list and trade shares of the 
IQ Long/Short Alpha ETF, IQ Bear U.S. Large Cap ETF, IQ Bear U.S. Small 
Cap ETF, IQ Bear International ETF, IQ Bear Emerging Markets ETF, IQ 
Bull U.S. Large Cap ETF, IQ Bull U.S. Small Cap ETF, IQ Bull 
International ETF and IQ Bull Emerging Markets ETF. On November 26, 
2013, the Exchange filed Amendment No. 1 to the proposed rule 
change.\3\ The proposed rule change, as modified by Amendment No. 1, 
was published for comment in the Federal Register on December 4, 
2013.\4\ The Commission received no comment letters on the proposed 
rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Amendment No. 1 clarifies (i) how certain holdings will be 
valued for purposes of calculating a fund's net asset value, and 
(ii) where investors will be able to obtain pricing information for 
certain underlying holdings.
    \4\ Securities Exchange Act Release No. 70954 (November 27, 
2013), 78 FR 72955 (``Notice'').
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    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 
Commission is extending this 45-day time period.
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    \5\ 15 U.S.C. 78s(b)(2).
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    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

[[Page 3658]]

sufficient time to consider the proposed rule change. The proposed rule 
change would permit the listing and trading of shares of the Funds, 
which intend to invest primarily in exchange-traded funds (``ETFs''), 
swap agreements, options contracts and futures contracts.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates March 4, 2014, 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 Number 
SR-NYSEArca-2013-127).
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    \6\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-01105 Filed 1-21-14; 8:45 am]
BILLING CODE 8011-01-P