Document ID: SEC-2016-0467-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2016-03-16T04:00Z

[Federal Register Volume 81, Number 51 (Wednesday, March 16, 2016)]
[Notices]
[Pages 14154-14155]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-05851]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77337; SR-NYSEArca-2015-76]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Withdrawal of a Proposed Rule Change To List and Trade Shares of the 
Global Currency Gold Fund Under NYSE Arca Equities Rule 8.201

March 10, 2016.
    On August 28, 2015, 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 list and trade 
shares of the Global Currency Gold Fund under NYSE Arca Equities Rule 
8.201. The proposed rule change was published for comment in the 
Federal Register on September 16, 2015.\3\ On September 29, 2015, the 
Exchange submitted Amendment No. 1 to the proposed rule change.\4\ On 
October 28, 2015, pursuant to Section 19(b)(2) of the Act,\5\ the 
Commission designated a longer period within which

[[Page 14155]]

to either approve the proposed rule change, disapprove the proposed 
rule change, or institute proceedings to determine whether to 
disapprove the proposed rule change.\6\ On December 11, 2015, 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, as modified by Amendment No. 1.\8\ The Commission has not 
received any comments on the proposal, as modified by Amendment No. 1.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 75900 (Sep. 11, 
2015), 80 FR 55674.
    \4\ In Amendment No. 1, the Exchange: (1) Identified weightings 
of each currency referenced in the Index; (2) supplemented its 
description of the method of calculation for the Spot Rate; (3) 
clarified when the Fund may suspend the right of redemption or 
postpone the redemption settlement date. Amendment No. 1 is 
available at: http://www.sec.gov/rules/sro/nysearca/2015/34-75900-amendment1.pdf.
    \5\ 15 U.S.C. 78s(b)(2).
    \6\ See Securities Exchange Act Release No. 76291, 80 FR 67827 
(Nov. 3, 2015). The Commission determined that it was appropriate to 
designate a longer period within which to take action on the 
proposed rule change so that it had sufficient time to consider the 
proposed rule change. Accordingly, the Commission designated 
December 15, 2015 as the date by which it should approve, 
disapprove, or institute proceedings to determine whether to 
disapprove the proposed rule change.
    \7\ 15 U.S.C. 78s(b)(2)(B).
    \8\ See Securities Exchange Act Release No. 76630, 80 FR 78791 
(Dec. 17, 2015).
---------------------------------------------------------------------------

    On March 7, 2016, the Exchange withdrew the proposed rule change 
(SR-NYSEArca-2015-76).
---------------------------------------------------------------------------

    \9\ 17 CFR 200.30-3(a)(57).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\9\
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-05851 Filed 3-15-16; 8:45 am]
 BILLING CODE 8011-01-P