Document ID: SEC-2014-0697-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2014-04-29T04:00Z

[Federal Register Volume 79, Number 82 (Tuesday, April 29, 2014)]
[Notices]
[Page 24032]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-09674]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-72000; File No. SR-NYSEArca-2014-20]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change, as Modified by Amendment No. 2, To List and Trade Shares of 
Reality Shares Isolated Dividend Growth ETF Under NYSE Arca Equities 
Rule 8.600

April 23, 2014.
    On February 25, 2014, 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 Reality Shares Isolated Dividend Growth ETF under NYSE Arca 
Equities Rule 8.600. On March 7, 2014, the Exchange filed Amendment No. 
2 to the proposed rule change, which amended and replaced the proposed 
rule change in its entirety.\3\ The proposed rule change, as modified 
by Amendment No. 2, was published for comment in the Federal Register 
on March 17, 2014.\4\ The Commission received no comments on this 
proposal.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Amendment No. 1 was filed on March 6, 2014 and withdrawn on 
March 7, 2014.
    \4\ See Securities Exchange Act Release No. 71686 (March 11, 
2014), 79 FR 14761.
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    Section 19(b)(2) of the Act \5\ 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 for this filing is May 1, 2014. The Commission is extending 
this 45-day time period.
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    \5\ 15 U.S.C. 78s(b)(2).
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    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule change so that it has 
sufficient time to consider this proposed rule change, which would 
allow the listing of a new exchange-traded product.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates June 13, 2014 as the date by which the Commission 
should either approve or disapprove, or institute proceedings to 
determine whether to disapprove, the proposed rule change, as modified 
by Amendment No. 2 (File No. SR-NYSEArca-2014-20).
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    \6\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-09674 Filed 4-28-14; 8:45 am]
BILLING CODE 8011-01-P