Document ID: SEC-2017-0762-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Municipal Securities Rulemaking Board
Posted Date: 2017-05-11T04:00Z

[Federal Register Volume 82, Number 90 (Thursday, May 11, 2017)]
[Notices]
[Pages 22044-22045]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09526]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80610; File No. SR-MSRB-2017-01]

Self-Regulatory Organizations; Municipal Securities Rulemaking 
Board; Notice of Withdrawal of a Proposed Rule Change To Add New MSRB 
Rule G-49, on Transactions Below the Minimum Denomination of an Issue, 
to the Rules of the MSRB, and To Rescind Paragraph (f), on Minimum 
Denominations, From MSRB Rule G-15

May 5, 2017.
    On January 24, 2017, the Municipal Securities Rulemaking Board 
(``MSRB'') filed with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (the ``Exchange Act'' or ``Act'') \1\ and Rule 
19b-4 thereunder,\2\ a proposed rule change to add new MSRB Rule G-49, 
on transactions below the minimum denomination of an issue, to the 
rules of the MSRB, and, in MSRB Rule G-15, on confirmation, clearance, 
settlement, and other uniform practice requirements with respect to 
transactions with customers, to rescind paragraph (f), on minimum 
denominations. The proposed rule change was published for comment in 
the Federal Register on February 9, 2017.\3\ The Commission received 
four comment letters on the proposal.\4\ On March 21, 2017, pursuant to 
Section 19(b)(2) of the Exchange Act,\5\ the MSRB

[[Page 22045]]

granted an extension of time for the Commission to act on this filing 
until May 10, 2017. On May 1, 2017, the MSRB withdrew the proposed rule 
change (SR-MSRB-2017-01).
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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. 79978 (February 6, 
2017), 82 FR 10123.
    \4\ See letters from Leslie M. Norwood, Managing Director and 
Associate General Counsel, Securities Industry and Financial Markets 
Association, dated March 2, 2017; Mike Nichols, Chief Executive 
Officer, Bond Dealers of America, dated March 2, 2017; Paige W. 
Pierce, President and Chief Executive Officer, RW Smith, dated March 
3, 2017; and James J. Angel, Associate Professor of Finance, 
Georgetown University, McDonough School of Business, dated March 7, 
2017.
    \5\ 15 U.S.C. 78s(b)(2).
    \6\ 17 CFR 200.30-3(a)(12).

    For the Commission, pursuant to delegated authority.\6\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-09526 Filed 5-10-17; 8:45 am]
 BILLING CODE 8011-01-P