Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Relating to the Listing and Trading of Shares of SolidX Bitcoin Trust Under NYSE Arca Equities Rule 8.201
Federal Register, Volume 81 Issue 176 (Monday, September 12, 2016)
Federal Register Volume 81, Number 176 (Monday, September 12, 2016)
Notices
Pages 62780-62781
From the Federal Register Online via the Government Publishing Office www.gpo.gov
FR Doc No: 2016-21799
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SECURITIES AND EXCHANGE COMMISSION
Release No. 34-78770; File No. SR-NYSEArca-2016-101
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Relating to the Listing and Trading of Shares of SolidX Bitcoin Trust Under NYSE Arca Equities Rule 8.201
September 6, 2016.
On July 13, 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 list and trade shares of the SolidX Bitcoin Trust under NYSE Arca Equities Rule 8.201. The proposed rule change was published for comment in the Federal Register on August 2, 2016.\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. 78426 (Jul. 27, 2016), 81 FR 50763.
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Section 19(b)(2) of the Act \4\ provides that, within 45 days of the publication
Page 62781
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 16, 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 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 October 31, 2016, 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-2016-101).
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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. 2016-21799 Filed 9-9-16; 8:45 am
BILLING CODE 8011-01-P
