Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Amend NYSE Arca Equities Rule 8.700 and To List and Trade Shares of the Managed Emerging Markets Trust Under Proposed Amended NYSE Arca Equities Rule 8.700

Federal Register, Volume 81 Issue 172 (Tuesday, September 6, 2016)

Federal Register Volume 81, Number 172 (Tuesday, September 6, 2016)

Notices

Pages 61268-61269

From the Federal Register Online via the Government Publishing Office www.gpo.gov

FR Doc No: 2016-21251

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SECURITIES AND EXCHANGE COMMISSION

Release No. 34-78727; File No. SR-NYSEArca-2016-96

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Amend NYSE Arca Equities Rule 8.700 and To List and Trade Shares of the Managed Emerging Markets Trust Under Proposed Amended NYSE Arca Equities Rule 8.700

August 30, 2016.

On July 1, 2016, 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 amend NYSE Arca Equities Rule 8.700 to permit the use of swaps on equity indices, fixed income indices, commodity indices, commodities or interest rates, and to list and trade

Page 61269

shares of the Managed Emerging Markets Trust under proposed amended NYSE Arca Equities Rule 8.700. The proposed rule change was published for comment in the Federal Register on July 21, 2016.\3\ The Commission has received no comments on the proposal.

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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. 78345 (July 15, 2016), 81 FR 47447.

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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 45th day after publication of the notice for this proposed rule change is September 4, 2016. 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 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. Accordingly, the Commission, pursuant to section 19(b)(2) of the Act,\5\ designates October 19, 2016, 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-NYSEArca-2016-96).

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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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Robert W. Errett,

Deputy Secretary.

FR Doc. 2016-21251 Filed 9-2-16; 8:45 am

BILLING CODE 8011-01-P

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