Document ID: SEC-2017-1338-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2017-08-08T04:00Z

[Federal Register Volume 82, Number 151 (Tuesday, August 8, 2017)]
[Notices]
[Page 37158]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-16640]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81294; File No. SR-NYSEArca-2017-40]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change in Connection With the Proposed Merger of Its Wholly Owned 
Subsidiary NYSE Arca Equities, Inc. With and Into the Exchange

August 2, 2017.
    On June 2, 2017, NYSE Arca, Inc. (``Exchange'' or ``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, in 
connection with the proposed merger (``Merger'') of its wholly owned 
subsidiary NYSE Arca Equities, Inc. (``NYSE Arca Equities'') with and 
into the Exchange, to amend (1) Article III, Sections 3.01, 3.02 and 
4.02 of the Amended and Restated NYSE Arca Bylaws; (2) certain Rules of 
the Exchange to facilitate the Merger and create a single rulebook 
covering options and equities; (3) the NYSE Arca Options Fee Schedule; 
and (4) the Schedule of Fees and Charges for Exchange Services. In 
addition, the Exchange proposed to remove the NYSE Arca Equities 
organizational documents, rules of NYSE Arca Equities, and NYSE Arca 
Equities Schedule of Fees and Charges for Exchange Services from the 
Exchange's rules and adopt a new fee schedule for the Exchange's equity 
market. The proposed rule change was published for comment in the 
Federal Register on June 20, 2017.\3\ The Commission received no 
comments on the proposed rule change.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 80929 (June 14, 
2017), 82 FR 28157 (June 20, 2017).
---------------------------------------------------------------------------

    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 August 4, 2017. The Commission is extending this 45-day time period.
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    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 September 18, 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-2017-40).
---------------------------------------------------------------------------

    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
---------------------------------------------------------------------------

    \6\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-16640 Filed 8-7-17; 8:45 am]
 BILLING CODE 8011-01-P