Document ID: SEC-2014-1581-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: BATS Y-Exchange, Inc.
Posted Date: 2014-09-19T04:00Z

[Federal Register Volume 79, Number 182 (Friday, September 19, 2014)]
[Notices]
[Page 56419]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-22338]

[[Page 56419]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73102; File No. SR-BYX-2014-011]

Self-Regulatory Organizations; BATS Y-Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Establish a New Market Data Product Called the BATS One Feed

September 15, 2014.
    On July 18, 2014, BATS Y-Exchange, Inc. (``Exchange'' or ``BYX'') 
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 
establish a new market data product called the BATS One Feed. The 
proposed rule change was published for comment in the Federal Register 
on August 1, 2014.\3\ No comments on the proposal have been 
received.\4\
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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. 72690 (July 28, 
2014), 79 FR 44929.
    \4\ But see Letter from Sal Arnuk and Joe Saluzzi, Themis 
Trading LLC, to Elizabeth M. Murphy, Secretary, Commission, dated 
August 21, 2014 (SR-BATS-2014-028); Letter from Ira D. Hammerman, 
General Counsel, SIFMA, to Kevin M. O'Neill, Deputy Secretary, 
Commission, dated August 22, 2014 (SR-BATS-2014-028) (letters 
commenting on a companion BATS filing that proposes to offer the 
same feed).
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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 disapproved. 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 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 and the 
comments received on a similar companion proposal. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\6\ designates 
October 30, 2014, 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-BYX-2014-011).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(57).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-22338 Filed 9-18-14; 8:45 am]
BILLING CODE 8011-01-P