Document ID: SEC-2019-0927-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2019-07-02T04:00Z

[Federal Register Volume 84, Number 127 (Tuesday, July 2, 2019)]
[Notices]
[Page 31647]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-14056]

[[Page 31647]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-86199; File No. SR-NYSEArca-2018-83]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proceedings to 
Determine Whether To Approve or Disapprove a Proposed Rule Change, as 
Modified by Amendment No. 3, Regarding Changes to Investments of the 
iShares Bloomberg Roll Select Commodity Strategy ETF

June 26, 2019.
    On December 19, 2018, NYSE Arca, Inc. (``Exchange'' or ``NYSE 
Arca'') 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 regarding changes to investments of the iShares 
Bloomberg Roll Select Commodity Strategy ETF, shares of which are 
currently listed and traded on the Exchange under NYSE Arca Rule 8.600-
E. The proposed rule change was published for comment in the Federal 
Register on December 31, 2018.\3\ On February 13, 2019, 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 March 6, 2019, 
the Exchange filed Amendment No. 1 to the proposed rule change, which 
replaced and superseded the proposed rule change as originally filed. 
On March 14, 2019, the Exchange filed Amendment No. 2 to the proposed 
rule change, which replaced and superseded the proposed rule change, as 
modified by Amendment No. 1. On March 21, 2019, the Commission 
published for comment the proposed rule change, as modified by 
Amendment No. 2, and instituted proceedings to determine whether to 
approve or disapprove the proposed rule change.\6\ On March 29, 2019, 
the Exchange filed Amendment No. 3 to the proposed rule change, which 
replaced and superseded the proposed rule change, as modified by 
Amendment No. 2.\7\ The Commission has received no comments on the 
proposed rule change.
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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. 84931 (December 21, 
2018), 83 FR 67741.
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 85117, 84 FR 5124 
(February 20, 2019). The Commission designated March 31, 2019, as 
the date by which the Commission shall approve the proposed rule 
change, disapprove the proposed rule change, or institute 
proceedings to determine whether to approve or disapprove the 
proposed rule change.
    \6\ See Securities Exchange Act Release No. 85385, 84 FR 11582 
(March 27, 2019).
    \7\ Amendment No. 3 is available at: https://www.sec.gov/comments/sr-nysearca-2018-83/srnysearca201883-5296847-183766.pdf.
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    Section 19(b)(2) of the Act \8\ provides that, after initiating 
disapproval proceedings, the Commission shall issue an order approving 
or disapproving the proposed rule change not later than 180 days after 
the date of publication of notice of filing of the proposed rule 
change. The Commission may extend the period for issuing an order 
approving or disapproving the proposed rule change, however, by not 
more than 60 days if the Commission determines that a longer period is 
appropriate and publishes the reasons for such determination. The 
proposed rule change was published for notice and comment in the 
Federal Register on December 31, 2018. June 29, 2019 is 180 days from 
that date, and August 28, 2019 is 240 days from that date.
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    \8\ 15 U.S.C. 78s(b)(2).
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    The Commission finds it appropriate to designate a longer period 
within which to issue an order approving or disapproving the proposed 
rule change so that it has sufficient time to consider this proposed 
rule change. Accordingly, the Commission, pursuant to Section 19(b)(2) 
of the Act,\9\ designates August 28, 2019 as the date by which the 
Commission shall either approve or disapprove the proposed rule change 
(File No. SR-NYSEArca-2018-83), as modified by Amendment No. 3.
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    \9\ Id.

    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. 2019-14056 Filed 7-1-19; 8:45 am]
 BILLING CODE 8011-01-P