Document ID: SEC-2014-0079-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2014-01-15T05:00Z

[Federal Register Volume 79, Number 10 (Wednesday, January 15, 2014)]
[Notices]
[Pages 2736-2737]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-00580]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71271; File No. SR-NYSEArca-2013-122]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change Relating to the Use of Derivative Instruments by PIMCO Total 
Return Exchange Traded Fund

January 9, 2014.
    On November 6, 2013, NYSE Arca, Inc. 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 relating to the use of derivative 
instruments by the PIMCO Total Return Exchange Traded Fund (``Fund''). 
The proposed rule change was published for comment in the Federal 
Register on November 26, 2013.\3\ The Commission 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. 70905 (November 20, 
2013), 78 FR 70610.
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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 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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    \4\ 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. The 
proposed rule change would, among other things, permit the continued 
listing and trading of shares

[[Page 2737]]

of the Fund that seeks to invest in certain derivative instruments, 
including forwards, exchange-traded and over-the-counter options 
contracts, exchange-traded futures contracts, options on futures 
contracts, and swap agreements.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates February 24, 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 (File 
Number SR-NYSEArca-2013-122).
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    \5\ Id.

    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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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-00580 Filed 1-14-14; 8:45 am]
BILLING CODE 8011-01-P