Document ID: SEC-2017-1750-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2017-10-26T04:00Z

[Federal Register Volume 82, Number 206 (Thursday, October 26, 2017)]
[Notices]
[Page 49691]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23265]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81915; File No. SR-NYSEArca-2017-90]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1 Thereto, To List and Trade 
Shares of the Hartford Municipal Opportunities ETF Under NYSE Arca Rule 
8.600-E

October 20, 2017.
    On August 17, 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 Hartford Municipal Opportunities ETF under NYSE Arca Rule 
8.600-E. The proposed rule change was published for comment in the 
Federal Register on September 6, 2017.\3\ On October 17, 2017, the 
Exchange filed Amendment No. 1 to the proposed rule change.\4\ The 
Commission has not received any 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. 81505 (August 30, 
2017), 82 FR 42147.
    \4\ In Amendment No. 1, which amended and replaced the proposed 
rule change in its entirety, the Exchange, among other things, 
clarified that: (i) The list of municipal securities included in the 
section of the Notice entitled Hartford Municipal Opportunities ETF 
are the Municipal Securities in which the Fund may invest at least 
80% of its net assets; (ii) redemption orders are not subject to 
acceptance by the distributor of the Fund; and (iii) the cut-off 
time for receipt of orders is 1 o'clock p.m. Amendment No. 1 also 
made non-substantive, technical amendments. Because Amendment No. 1 
makes only clarifying and technical changes, and does not present 
unique or novel regulatory issues, it is not subject to notice and 
comment. Amendment No. 1 is available at: https://www.sec.gov/comments/sr-nysearca-2017-90/nysearca201790.htm.
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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 approved or 
disapproved. The 45th day after publication of the notice for this 
proposed rule change is October 21, 2017. 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, as modified by 
the recently filed amendment. Accordingly, the Commission, pursuant to 
Section 19(b)(2) of the Act,\6\ designates December 5, 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 No. SR-NYSEArca-2017-90), as modified by Amendment 
No. 1.
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
Eduardo A. Aleman,
Assistant Secretary.
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    \7\ 17 CFR 200.30-3(a)(31).
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[FR Doc. 2017-23265 Filed 10-25-17; 8:45 am]
 BILLING CODE 8011-01-P