Document ID: SEC-2014-1953-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: International Securities Exchange, LLC
Posted Date: 2014-11-21T05:00Z

[Federal Register Volume 79, Number 225 (Friday, November 21, 2014)]
[Notices]
[Pages 69547-69548]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-27571]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73614; File No. SR-ISE-2014-43]

Self-Regulatory Organizations; International Securities Exchange, 
LLC; Notice of Designation of Longer Period for Commission Action on 
Proposed Rule Change Amending Its Information Barrier Rules

November 17, 2014.
    On September 15, 2014, International Securities Exchange, LLC (the 
``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 amending its information barrier rules. The 
proposed rule change was published for comment in the Federal Register 
on October 6, 2014.\3\ The Commission received one comment letter \4\ 
on the proposed rule change and one rebuttal letter from the 
Exchange.\5\
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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. 73261 (October 6, 
2014), 79 FR 60226 (``Notice'').
    \4\ See Letter from John Kinahan, Chief Executive Officer, Group 
One Trading, L.P., dated October 27, 2014.
    \5\ See Letter from Michael J. Simon, Secretary and General 
Counsel, International Securities Exchange, LLC, dated November 14, 
2014.
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    Section 19(b)(2) of the Act \6\ 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 these proposed rule changes should be disapproved. 
The 45th day for this filing is November 20, 2014.
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    \6\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. 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 review the 
comment letter submitted in response to the Notice, to review the 
Exchange's response to such comment letter, and to consider and take 
action on the Exchange's proposed rule change.

[[Page 69548]]

    Accordingly, pursuant to Section 19(b)(2)(A)(ii)(I) of the Act \7\ 
and for the reasons stated above, the Commission designates January 2, 
2015, 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-ISE-2014-43).
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    \7\ 15 U.S.C. 78s(b)(2)(A)(ii)(I).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(31).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-27571 Filed 11-20-14; 8:45 am]
BILLING CODE 8011-01-P