Document ID: SEC-2016-1214-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2016-07-14T04:00Z

[Federal Register Volume 81, Number 135 (Thursday, July 14, 2016)]
[Notices]
[Pages 45577-45578]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16603]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78261; SR-NYSEArca-2016-08]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Withdrawal of a Proposed Rule Change, as Modified by Amendment No. 1 
Thereto, To Adopt NYSE Arca Equities Rule 8.900 To Permit Listing and 
Trading of Managed Portfolio Shares and To Permit Listing and Trading 
of Shares of Fifteen Issues of the Precidian ETFs Trust

July 8, 2016.
    On January 27, 2016, NYSE Arca, Inc. (``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: (1) Adopt NYSE 
Arca Equities Rule 8.900; and (2) approve the listing and trading of 
shares of fifteen series of the Precidian ETFs Trust. The proposed rule 
change was published for comment in the Federal Register on February 
18, 2016.\3\ On March 9, 2016, the Exchange

[[Page 45578]]

filed Amendment No. 1 to the proposed rule change.\4\
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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. 76944 (Feb. 11, 
2016), 81 FR 8269 (``Notice'').
    \4\ In Amendment No. 1 to the proposed rule change, the Exchange 
corrected the citations to the Trust's Form N-1A and Exemptive 
Application, which were misstated in the proposal. Amendment No. 1 
to the proposed rule change is available on the Commission's Web 
site at: http://www.sec.gov/comments/sr-nysearca-2016-08/nysearca201608-1.pdf.
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    On March 18, 2016, pursuant to Section 19(b)(2) of the Act,\5\ 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 to disapprove the proposed rule 
change.\6\ On May 17, 2016, the Commission instituted proceedings under 
Section 19(b)(2)(B) of the Act \7\ to determine whether to approve or 
disapprove the proposed rule change.\8\ The Commission received eleven 
comments on the proposal.\9\
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    \5\ 15 U.S.C. 78s(b)(2).
    \6\ See Securities Exchange Act Release No. 77405, 81 FR 15774 
(Mar. 24, 2016).
    \7\ 15 U.S.C. 78s(b)(2)(B).
    \8\ See Securities Exchange Act Release No. 77845, 81 FR 32376 
(May 23, 2016).
    \9\ See Letters from Douglas M. Yones, Head of Exchange Traded 
Products, New York Stock Exchange (Jul. 5, 2016); Eric Swanson, 
General Counsel & Secretary, Bats Global Markets, Inc. (Jul. 1, 
2016); Todd J. Broms, CEO, Broms and Company LLC (Jun. 27, 2016); 
Daniel J. McCabe, CEO, Precidian Investments LLC (Jun. 15, 2016); 
Gary L. Gastineau, President, ETF Consultants.com, Inc. (Jun. 13, 
2016); Daniel J. McCabe, CEO, Precidian Investments LLC (Jun. 13, 
2016); James J. Angel, Ph.D., CFA, Associate Professor, McDonough 
School of Business, Georgetown University (Jun. 9, 2016); Joseph A. 
Sullivan, Chairman and Chief Executive Officer, Legg Mason Global 
Asset Management (Apr. 15, 2016); Andrew M. Gross, Jr. (Apr. 5, 
2016); David Nadig (Mar. 31, 2016); and Gary L. Gastineau, 
President, ETF Consultants.com, Inc. (Mar. 10, 2016) (comment 
letters available at: https://www.sec.gov/comments/sr-nysearca-2016-08/nysearca201608.shtml).
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    On July 7, 2016, the Exchange withdrew the proposed rule change 
(SR-NYSEArca-2016-08).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(57).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2016-16603 Filed 7-13-16; 8:45 am]
 BILLING CODE 8011-01-P