Document ID: SEC-2015-2129-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.,
Posted Date: 2015-12-23T05:00Z

[Federal Register Volume 80, Number 246 (Wednesday, December 23, 2015)]
[Notices]
[Page 79963]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32187]

=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-76673; File No. SR-NYSEArca-2015-104]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change To Adopt a New Policy Relating to Trade Reports for Exchange 
Traded Products

December 17, 2015.
    On October 28, 2015, 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 rule change proposing a new policy 
related to the Exchange's treatment of trade reports for ``Exchange 
Traded Products'' \3\ that it determines to be inconsistent with the 
prevailing market. The proposed rule change was published for comment 
in the Federal Register on November 18, 2015.\4\ The Commission has 
received two comment letters on the proposal.\5\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ For purposes of this proposed rule change, ``Exchange Traded 
Products'' include exchange-traded funds, exchange-traded notes, and 
exchange-traded vehicles. See Securities Exchange Act Release No. 
76431 (Nov. 12, 2015), 80 FR 72126, n.4 (Nov. 18, 2015) (SR-
NYSEArca-2015-104) (``Notice'').
    \4\ See Notice, supra note 3.
    \5\ See Letter from Gary Gastineau, ETF Consultants.com, Inc., 
to the Commission (Nov. 27, 2015); Letter from James J. Angel, 
Associate Professor, Georgetown University, to the Commission (Dec. 
5, 2015). All comments on the proposed rule change are available on 
the Commission's Web site at: http://www.sec.gov/comments/sr-nysearca-2015-104/nysearca2015104.shtml.
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \6\ 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 January 2, 2016. The Commission is extending this 45-day time 
period.
---------------------------------------------------------------------------

    \6\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    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 and the comments 
received. Accordingly, the Commission, pursuant to Section 19(b)(2) of 
the Act,\7\ designates February 16, 2016, 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-2015-104)
---------------------------------------------------------------------------

    \7\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-32187 Filed 12-22-15; 8:45 am]
BILLING CODE 8011-01-P