Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Regarding a Change to the Reference Index of the Market Vectors Short High Yield Municipal Index ETF
Federal Register, Volume 80 Issue 204 (Thursday, October 22, 2015)
Federal Register Volume 80, Number 204 (Thursday, October 22, 2015)
Notices
Pages 64027-64028
From the Federal Register Online via the Government Publishing Office www.gpo.gov
FR Doc No: 2015-26807
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SECURITIES AND EXCHANGE COMMISSION
Release No. 34-76174; File No. SR-NYSEArca-2015-74
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Regarding a Change to the Reference Index of the Market Vectors Short High Yield Municipal Index ETF
October 16, 2015.
On August 27, 2015, 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 to reflect a change to the reference index relating to the Market Vectors Short High Yield Municipal Index ETF. The proposed rule change was published for comment in the Federal Register on September 16, 2015.\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. 75888 (September 10, 2015), 80 FR 55701.
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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. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates December 15, 2015, 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-2015-74).
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\5\ Id.
Page 64028
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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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Brent J. Fields,
Secretary.
FR Doc. 2015-26807 Filed 10-21-15; 8:45 am
BILLING CODE 8011-01-P
