Document ID: SEC-2013-2263-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE MKT LLC
Posted Date: 2013-12-31T05:00Z

[Federal Register Volume 78, Number 251 (Tuesday, December 31, 2013)]
[Notices]
[Pages 79720-79721]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-31230]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71183; File No. SR-NYSEMKT-2013-86]

Self-Regulatory Organizations; NYSE MKT LLC; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change, as Modified by Amendment No. 1 Thereto, To Adopt Commentary .03 
to Rule 980NY To Limit the Volume of Complex Orders by a Single ATP 
Holder During the Trading Day

December 24, 2013.
    On October 28, 2013, NYSE MKT LLC (the ``Exchange'' or ``NYSE 
MKT'') 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 adopt Commentary .03 to NYSE MKT Rule 980NY to 
limit the volume of complex orders that may be entered by a single ATP 
Holder during the trading day. On November 5, 2013, the Exchange 
submitted Amendment No. 1 to the proposed rule change. The proposed 
rule change, as modified by Amendment No. 1 thereto, was published for 
comment in the Federal Register on November 13, 2013.\3\ The Commission 
received no comments 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. 70816 (November 6, 
2013), 78 FR 68111.
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    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

[[Page 79721]]

proposed rule change, disapprove the proposed rule change, or institute 
proceedings to determine whether the proposed rule change should be 
disapproved. The 45th day for this filing is December 28, 2013. 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. Therefore, the 
Commission is extending this 45-day time period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates January 3, 2014, as the date by which the Commission 
should either approve or disapprove or institute proceedings to 
determine whether to disapprove the proposed rule change.
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-31230 Filed 12-30-13; 8:45 am]
BILLING CODE 8011-01-P