Document ID: SEC-2017-0677-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Bats BZX Exchange, Inc.
Posted Date: 2017-04-27T04:00Z

[Federal Register Volume 82, Number 80 (Thursday, April 27, 2017)]
[Notices]
[Page 19413]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08465]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80505; File No. SR-BatsBZX-2017-14]

Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment Nos. 3 and 4, To List and Trade Shares 
of the Amplify YieldShares Oil Hedged MLP Fund, a Series of the Amplify 
ETF Trust, Under BZX Rule 14.11(i), Managed Fund Shares

April 21, 2017.
    On February 17, 2017, Bats BZX Exchange, Inc. (``BZX'') 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 list and trade 
shares of the Amplify YieldShares Oil Hedged MLP Fund, a series of the 
Amplify ETF Trust. The proposed rule change was published for comment 
in the Federal Register on March 7, 2017.\3\ On March 30, 2017, the 
Exchange filed Amendment No. 2 to the proposed rule change, and on 
April 7, 2017, the Exchange filed Amendment No. 3 to the proposed rule 
change.\4\ The Exchange filed Amendment No. 4 to the proposed rule 
change on April 19, 2017.\5\ The Commission has received no comment 
letters on the proposed rule change.
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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. 80136 (March 1, 
2017), 82 FR 12860.
    \4\ The Exchange filed and withdrew Amendment No. 1 on March 30, 
2017 and subsequently filed Amendment No. 2, which replaced the 
original filing in its entirety. Amendment No. 3, which replaced the 
original filing in its entirety, is available at https://www.sec.gov/comments/sr-batsbzx-2017-14/batsbzx201714-1692102-149689.pdf. Because Amendment No. 3 does not materially alter the 
substance of the proposed rule change or raise unique or novel 
regulatory issues, it is not subject to notice and comment.
    \5\ Amendment No. 4, which partially amends the proposed rule 
change, as modified by Amendment No. 3, is available at https://www.sec.gov/comments/sr-batsbzx-2017-14/batsbzx201714-1711101-150239.pdf. Because Amendment No. 4 does not materially alter the 
substance of the proposed rule change or raise unique or novel 
regulatory issues, it is not subject to notice and comment.
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    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 April 21, 2017. The Commission is extending this 45-day time period.
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    \6\ 15 U.S.C. 78s(b)(2).
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    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, as modified by 
Amendment Nos. 3 and 4. Accordingly, the Commission, pursuant to 
Section 19(b)(2) of the Act,\7\ designates June 5, 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 No. SR-BatsBZX-2017-14), as modified by Amendment Nos. 3 
and 4.
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    \7\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-08465 Filed 4-26-17; 8:45 am]
BILLING CODE 8011-01-P