Document ID: SEC-2010-1321-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: BATS Exchange, Inc., et al.
Posted Date: 2010-08-31T04:00Z

[Federal Register: August 31, 2010 (Volume 75, Number 168)]
[Notices]               
[Page 53366]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr31au10-125]                         

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-62763; File Nos. SR-BATS-2010-018; SR-BX-2010-044; SR-
CBOE-2010-065; SR-CHX-2010-14; SR-EDGA-2010-05; SR-EDGX-2010-05; SR-
FINRA-2010-033; SR-ISE-2010-66; SR-NYSE-2010-49; SR-NYSEAmex-2010-63; 
SR-NYSEArca-2010-61; SR-NASDAQ-2010-079; SR-NSX-2010-08]

 
Self-Regulatory Organizations; BATS Exchange, Inc.; Chicago Board 
Options Exchange, Incorporated; Chicago Stock Exchange, Inc.; EDGA 
Exchange, Inc.; EDGX Exchange, Inc.; Financial Industry Regulatory 
Authority, Inc.; International Securities Exchange LLC; NASDAQ OMX BX, 
Inc.; The NASDAQ Stock Market LLC; National Stock Exchange, Inc.; New 
York Stock Exchange LLC; NYSE Amex LLC; NYSE Arca, Inc.; Notice of 
Designation of Longer Period for Commission Action on Proposed Rule 
Changes Relating to Trading Pauses Due to Extraordinary Market 
Volatility

August 24, 2010.
    On June 30, 2010, each of BATS Exchange, Inc., Chicago Board 
Options Exchange, Incorporated, Chicago Stock Exchange, Inc., EDGA 
Exchange, Inc., EDGX Exchange, Inc., Financial Industry Regulatory 
Authority, Inc., International Securities Exchange, LLC, The NASDAQ 
Stock Market LLC, NASDAQ OMX BX, Inc., National Stock Exchange, Inc., 
New York Stock Exchange LLC, NYSE Amex LLC, and NYSE Arca, Inc. filed 
with the Securities and Exchange Commission (``Commission''), pursuant 
to Section 19(b)(1) \1\ of the Securities Exchange Act of 1934 
(``Act''),\2\ and Rule 19b-4 thereunder,\3\ proposed rule changes to 
amend certain of their respective rules to add securities to the 
single-stock circuit breaker pilot program.\4\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
    \4\ The single-stock circuit breaker pilot program was initially 
approved on June 10, 2010. See Securities Exchange Act Release Nos. 
62251 (June 10, 2010), 75 FR 34183 (June 16, 2010); 62252 (June 10, 
2010), 75 FR 34186 (June 16, 2010).
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    Section 19(b)(2) of the Act \5\ provides that, within thirty-five 
days of the publication of notice of the filing of a proposed rule 
change, or within such longer period as the Commission may designate up 
to ninety days of such date if it finds such longer period to be 
appropriate and publishes its reasons for so finding, the Commission 
shall either approve the proposed rule change or institute proceedings 
to determine whether the proposed rule change should be disapproved. 
The Commission extended this time period from August 11, 2010 to August 
25, 2010.\6\ The Commission is again extending this time period.
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    \5\ 15 U.S.C. 78s(b)(2).
    \6\ See Securities Exchange Act Release No. 62688A (August 11, 
2010), 75 FR 51138 (August 18, 2010).
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    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule changes so that it has 
sufficient time to consider these proposed rule changes, which relate 
to the addition of securities to the single-stock circuit breaker pilot 
program, and issues raised in the comment letters that have been 
submitted in connection with these filings.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\7\ designates September 10, 2010, as the date by which the 
Commission should either approve or institute proceedings to determine 
whether to disapprove the proposed rule changes.
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    \7\ 15 U.S.C. 78s(b)(2).

    By the Commission.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-21630 Filed 8-30-10; 8:45 am]
BILLING CODE 8010-01-P