Document ID: SEC-2017-1641-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2017-10-04T04:00Z

[Federal Register Volume 82, Number 191 (Wednesday, October 4, 2017)]
[Notices]
[Pages 46338-46339]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21275]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81747; File No. SR-NYSEArca-2017-06]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Withdrawal of a Proposed Rule Change, as Modified by Amendment No. 2, 
Relating to the Listing and Trading of Shares of the Bitcoin Investment 
Trust Under NYSE Arca Equities Rule 8.201

September 28, 2017.
    On January 25, 2017, 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 Bitcoin Investment Trust under NYSE Arca Equities Rule 
8.201. The proposed rule change was published for comment in the 
Federal Register on February 9, 2017.\3\
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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. 79955 (Feb. 3, 
2017), 82 FR 10086 (Feb. 9, 2017).
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    On March 22, 2017, pursuant to Section 19(b)(2) of the Act,\4\ 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 approve or disapprove the proposed 
rule change.\5\ On April 6, 2017, the Exchange filed Amendment No. 1 to 
the proposed rule change. On April 27, 2017, the Commission published 
notice of Amendment No. 1 and instituted proceedings to determine 
whether to approve or disapprove the proposed rule change, as modified 
by Amendment No. 1.\6\ On May 11, 2017, the Exchange filed Amendment 
No. 2 to the proposed rule change, and on May 25, 2017, the Commission 
published notice of Amendment No. 2.\7\ On July 25, 2017, the 
Commission designated a longer period for Commission action on the 
proposed rule change.\8\ The Commission has received eighteen comment 
letters on the proposed rule change.\9\
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    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 80297 (Mar. 22, 
2017), 82 FR 15408 (Mar. 28, 2017).
    \6\ See Securities Exchange Act Release No. 80502 (Apr. 21, 
2017), 82 FR 19398 (Apr. 27, 2017).
    \7\ See Securities Exchange Act Release No. 80729 (May 19, 
2017), 82 FR 24185 (May 25, 2017).
    \8\ See Securities Exchange Act Release No. 81201 (July 25, 
2017), 82 FR 33938 (July 31, 2017). The Commission designated 
October 7, 2017, as the date by which the Commission shall either 
approve or disapprove the proposed rule change.
    \9\ See Letters from Joseph Stephen White (Feb. 5, 2017); 
Anonymous (Feb. 8, 2017) (purportedly from Jeffrey Wilcke, Ethereum 
Foundation); Mark T. Williams, Finance Professor, Boston University 
(Mar. 13, 2017); Clark Haley (Apr. 15, 2017); Daniel Warsh, Managing 
Member, Warberg Asset Management (Jun. 8, 2017); Murray Stahl, 
Chairman, CEO, CIO, and Hugh Ross, COO, Horizon Kinetics LLC (Jun. 
12, 2017); Tim Lewkow, Founder, Wealth Manager (Jun. 14, 2017); 
Jerry Brito, Executive Director, Coin Center (Jun. 20, 2017); Sheri 
Kaiserman, Managing Director, Wedbush Securities (Jun. 20, 2017); 
Douglas M. Yones, Head of Exchange Traded Products, New York Stock 
Exchange, and Elizabeth King, General Counsel, New York Stock 
Exchange (Jun. 28, 2017); Arthur Levitt (Jul. 5, 2017); Jeffrey 
McCarthy, CEO, Exchange Traded Funds, The Bank of New York Mellon 
(Jul. 7, 2017); Ari Paul, CIO and Managing Partner, Block Tower 
Capital (Jul. 9, 2017); Dr. James Smith, CEO, Elliptic (Jul. 18, 
2017); Prof. Campbell R. Harvey, Fuqua School of Business, Duke 
University, et al. (Aug. 28, 2017); James J. Angel, Associate 
Professor of Finance, McDonough School of Business, Georgetown 
University (Sept. 11, 2017); Matt Corallo (Sept. 11, 2017); Joseph 
A. Hall, Davis Polk & Wardwell LLP. All comments on the proposed 
rule change, as well as a copy of the presentation submitted in a 
meeting with the Commission's staff on July 7, 2017, are available 
on the Commission's Web site at: https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201706.htm.

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[[Page 46339]]

    On September 27, 2017, the Exchange withdrew the proposed rule 
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change (SR-NYSEArca-2017-06), as modified by Amendment No. 2.

    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)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-21275 Filed 10-3-17; 8:45 am]
 BILLING CODE 8011-01-P