Document ID: SEC-2016-2176-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2016-12-12T05:00Z

[Federal Register Volume 81, Number 238 (Monday, December 12, 2016)]
[Notices]
[Page 89525]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-29652]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-79480; File No. SR-NYSEArca-2016-130]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change Amending NYSE Arca Equities Rules 7.35 (Auctions), 7.10 (Clearly 
Erroneous Executions), 7.31 (Orders and Modifiers), and 7.11 (Limit 
Up--Limit Down Plan and Trading Pauses in Individual Securities Due to 
Extraordinary Market Volatility)

December 6, 2016.
    On October 4, 2016, NYSE Arca, Inc. (``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 to amend NYSE Arca 
Equities Rules 7.35 (Auctions), 7.10 (Clearly Erroneous Executions), 
7.31 (Orders and Modifiers), and 7.11 (Limit Up--Limit Down Plan and 
Trading Pauses in Individual Securities Due to Extraordinary Market 
Volatility). The proposed rule change was published for comment in the 
Federal Register on October 24, 2016.\3\ The Commission 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. 79107 (October 18, 
2016), 81 FR 73159.
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    Section 19(b)(2) of the Act \4\ 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 8, 2016. The Commission is extending this 45-day time 
period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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 consider the proposed rule change. 
Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates January 22, 2017 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 Number 
SR-NYSEArca-2016-130).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2016-29652 Filed 12-9-16; 8:45 am]
 BILLING CODE 8011-01-P