Document ID: SEC-2014-1987-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2014-11-26T05:00Z

[Federal Register Volume 79, Number 228 (Wednesday, November 26, 2014)]
[Notices]
[Page 70607]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-27977]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73659; File No. SR-NYSEArca-2014-114]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change To List and Trade Shares of the iShares Interest Rate Hedged 0-5 
Year High Yield Bond ETF, iShares Interest Rate Hedged 10+ Year Credit 
Bond ETF, and the iShares Interest Rate Hedged Emerging Markets Bond 
ETF Under NYSE Arca Equities Rule 8.600

November 20, 2014.
    On September 29, 2014, NYSE Arca, Inc. (``NYSE Arca'' 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 list and trade shares of the iShares Interest 
Rate Hedged 0-5 Year High Yield Bond ETF; iShares Interest Rate Hedged 
10+ Year Credit Bond ETF; and the iShares Interest Rate Hedged Emerging 
Markets Bond ETF. The proposed rule change was published for comment in 
the Federal Register on October 17, 2014.\3\ The Commission received 
one comment on the proposal, and, on November 18, 2014, the Exchange 
filed Amendment No. 1 to the proposed rule change, which replaced and 
superseded its proposal as originally filed.\4\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. 73342 (Oct. 10, 
2014), 79 FR 62492.
    \4\ In Amendment No. 1, the Exchange clarified certain aspects 
of the original filing. All comments on the proposed rule change, 
including Amendment No. 1, are available on the Commission's Web 
site at: http://www.sec.gov/comments/sr-nysearca-2014-114/nysearca2014114.shtml.
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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 
45th day after publication of the notice for this proposed rule change 
is December 1, 2014. 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 it appropriate to designate a longer period 
within which to take action on the proposed rule change so that it has 
sufficient time to consider this proposed rule change, as modified by 
Amendment No. 1. Accordingly, the Commission, pursuant to Section 
19(b)(2) of the Act,\6\ designates January 15, 2014, 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 No. SR-NYSEArca-2014-114)
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    \6\ Id.

    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. 2014-27977 Filed 11-25-14; 8:45 am]
BILLING CODE 8011-01-P