Equity Market Structure Advisory Committee, 14394-14395 [2017-05398]

Download as PDF 14394 Federal Register / Vol. 82, No. 52 / Monday, March 20, 2017 / Notices 2017.3 The Commission has received no comment letters on the proposal. 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 for this filing is March 20, 2017. The Commission is extending the 45day time period for Commission action on the proposed rule change. 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 and take action on the Exchange’s proposed rule change. Accordingly, pursuant to Section 19(b)(2) of the Act 5 and for the reasons stated above, the Commission designates May 4, 2017, 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 No. SR–Phlx–2017–04). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.6 Robert W. Errett, Deputy Secretary. [FR Doc. 2017–05406 Filed 3–17–17; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–80235; File No. SR–FICC– 2017–001] sradovich on DSK3GMQ082PROD with NOTICES Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To (1) Implement the Margin Proxy, (2) Modify the Calculation of the Coverage Charge in Circumstances Where the Margin Proxy Applies, and (3) Make Certain Technical Corrections March 14, 2017. On February 2, 2017, Fixed Income Clearing Corporation (‘‘FICC’’) filed 3 See Securities Exchange Act Release No. 79894 (January 30, 2017), 82 FR 9259. 4 15 U.S.C. 78s(b)(2). 5 15 U.S.C. 78s(b)(2). 6 17 CFR 200.30–3(a)(31). VerDate Sep<11>2014 18:36 Mar 17, 2017 Jkt 241001 with the Securities and Exchange Commission (‘‘Commission’’) proposed rule change SR–FICC–2017–001 (‘‘Proposed Rule Change’’) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 to establish a supplemental Value-at-Risk charge (‘‘VaR Charge’’) calculation in FICC’s Government Securities Division (‘‘GSD’’) margin model.3 The proposed rule change was published for comment in the Federal Register on February 9, 2017.4 The Commission received three comment letters to the Proposed Rule Change.5 Section 19(b)(2) of the Act 6 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 March 26, 2017. 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 On February 2, 2017, FICC also filed this proposed rule change as advance notice SR–FICC– 2017–801 (‘‘Advance Notice’’) with the Commission pursuant to Section 806(e)(1) of the Dodd-Frank Wall Street Reform and Consumer Protection Act entitled the Payment, Clearing, and Settlement Supervision Act of 2010, 12 U.S.C. 5465(e)(1), and Rule 19b–4(n)(1)(i) of the Act, 17 CFR 240.19b– 4(n)(1)(i). Notice of filing of the Advance Notice was published for comment in the Federal Register on March 8, 2017. Securities Exchange Act Release No. 80139 (March 2, 2017), 82 FR 13026 (March 8, 2017) (SR–FICC–2017–801). The Commission shall have until April 3, 2017 to object or not object to the Advance Notice. The proposal in the Proposed Rule Change and the Advance Notice shall not take effect until all regulatory actions required with respect to the proposal are completed. 4 Securities Exchange Act Release No. 79958 (February 3, 2017), 82 FR 10117 (February 9, 2017) (SR–FICC–2017–001). 5 See letter from Robert E. Pooler, Chief Financial Officer, Ronin Capital LLC (‘‘Ronan’’), dated February 24, 2017, to Eduardo A. Aleman, Assistant Secretary, Commission (‘‘Ronin Letter’’); letter from Alan Levy, Managing Director, Industrial and Commercial Bank of China Financial Services LLC (‘‘ICBCFS’’), dated February 24, 2017 (‘‘ICBCFS Letter’’); and letter from Timothy J. Cuddihy, Managing Director, FICC, dated March 8, 2017, to Eduardo A. Aleman, Assistant Secretary, Commission (‘‘FICC Letter’’), available at https:// www.sec.gov/comments/sr-ficc-2017-001/ ficc2017001.htm. Since the proposal contained in the Proposed Rule Change was also filed as an Advance Notice, Release No. 80139, supra note 3, the Commission is considering all public comments received on the proposal regardless of whether the comments are submitted to the Proposed Rule Change or the Advance Notice. 6 15 U.S.C. 78s(b)(2). PO 00000 Frm 00052 Fmt 4703 Sfmt 4703 The Commission is extending this 45day time period. In order to provide the Commission with sufficient time to consider the Proposed Rule Change, the Commission finds that it is appropriate to designate a longer period within which to take action on the Proposed Rule Change. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,7 designates May 10, 2017 as the date by which the Commission shall either approve, disapprove, or institute proceedings to determine whether to disapprove proposed rule change SR– FICC–2017–001. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.8 Robert W. Errett, Deputy Secretary. [FR Doc. 2017–05402 Filed 3–17–17; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–80245; File No. 265–29] Equity Market Structure Advisory Committee Securities and Exchange Commission. ACTION: Notice of meeting. AGENCY: The Securities and Exchange Commission Equity Market Structure Advisory Committee is providing notice that it will hold a public meeting on Wednesday, April 5, 2017, in MultiPurpose Room LL–006 at the Commission’s headquarters, 100 F Street NE., Washington, DC. The meeting will begin at 9:30 a.m. (EDT) and will be open to the public. The public portions of the meeting will be webcast on the Commission’s Web site at www.sec.gov. Persons needing special accommodations to take part because of a disability should notify the contact person listed below. The public is invited to submit written statements to the Committee. The meeting will focus on potential recommendations and updates from the four subcommittees. DATES: The public meeting will be held on Wednesday, April 5, 2017. Written statements should be received on or before March 29, 2017. ADDRESSES: The meeting will be held at the Commission’s headquarters, 100 F Street NE., Washington, DC. Written statements may be submitted by any of the following methods: SUMMARY: 7 Id. 8 17 CFR 200.30–3(a)(31). E:\FR\FM\20MRN1.SGM 20MRN1 Federal Register / Vol. 82, No. 52 / Monday, March 20, 2017 / Notices Electronic Statements • Use the Commission’s Internet submission form (http://www.sec.gov/ rules/other.shtml); or • Send an email message to rulecomments@sec.gov. Please include File Number 265–29 on the subject line; or Paper Statements • Send paper statements in triplicate to Brent J. Fields, Federal Advisory Committee Management Officer, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–1090. All submissions should refer to File No. 265–29. This file number should be included on the subject line if email is used. To help us process and review your statement more efficiently, please use only one method. The Commission will post all statements on the Commission’s Internet Web site at SEC Web site at (http://www.sec.gov/ comments/265–29/265–29.shtml). Statements also will be available for Web site viewing and printing in the Commission’s Public Reference Room, 100 F Street NE., Room 1580, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. All statements received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. FOR FURTHER INFORMATION CONTACT: Arisa Tinaves Kettig, Senior Special Counsel, at (202) 551–5676, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–7010. In accordance with Section 10(a) of the Federal Advisory Committee Act, 5 U.S.C.–App. 1, and the regulations thereunder, Heather Seidel, Designated Federal Officer of the Committee, has ordered publication of this notice. SUPPLEMENTARY INFORMATION: Dated: March 14, 2017. Brent J. Fields, Committee Management Officer. sradovich on DSK3GMQ082PROD with NOTICES [FR Doc. 2017–05398 Filed 3–17–17; 8:45 am] VerDate Sep<11>2014 18:36 Mar 17, 2017 SECURITIES AND EXCHANGE COMMISSION the most significant aspects of such statements. [Release No. 34–80237; File No. SR– NASDAQ–2017–025] A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change To List and Trade Exchange-Traded Managed Funds March 14, 2017. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on March 1, 2017, The Nasdaq Stock Market LLC (‘‘Nasdaq’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘SEC’’ or ‘‘Commission’’) the proposed rule change as described in Items I and II, below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to list and trade under Nasdaq Rule 5745 (Exchange-Traded Managed Fund Shares (‘‘NextShares’’)) the common shares (‘‘Shares’’) of the exchangetraded managed fund described herein (the ‘‘Fund’’).3 The text of the proposed rule change is available on the Exchange’s Web site at http://nasdaq.cchwallstreet.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 Except for the specific Fund information set forth below, this rule filing conforms to the rule filing, as modified by amendments 1 and 2 thereto, relating to the listing and trading on Nasdaq of the shares of 18 series of the Eaton Vance ETMF Trust and the Eaton Vance ETMF Trust II, as approved by the Commission in Securities Exchange Act Release No. 75499 (July 21, 2015) (SR–NASDAQ– 2015–036). 2 17 BILLING CODE 8011–01–P Jkt 241001 14395 PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 1. Purpose The Exchange proposes to list and trade the Shares of the Fund under Nasdaq Rule 5745, which governs the listing and trading of exchange-traded managed fund shares, as defined in Nasdaq Rule 5745(c)(1), on the Exchange.4 The Trust listed below will be registered with the Commission as an open-end investment company and has filed a registration statement on Form N–1A (‘‘Registration Statement’’) with the Commission. The Fund is a series of a Trust and will be advised by an investment adviser registered under the Investment Advisers Act of 1940 (‘‘Adviser’’), as described below. The Fund will be actively managed and will pursue the principal investment strategy, as noted below.5 I. Hartford Funds NextSharesTM Trust Hartford Funds NextSharesTM Trust (‘‘Hartford Funds Trust’’) will be registered with the Commission as an open-end investment company and has filed a Registration Statement with the Commission.6 The following Fund is a series of Hartford Funds Trust.7 Hartford Funds Management Company, LLC (the ‘‘Adviser’’) will be the adviser to the Fund and Wellington Management Company LLP will the sub-adviser to the Fund (the ‘‘SubAdviser’’). Each of the Adviser and the Sub-Adviser is a registered brokerdealer or affiliated with a broker-dealer, and each of the Adviser and the SubAdviser has implemented a fire wall with respect to its affiliated brokerdealer regarding access to information concerning the composition and/or 4 The Commission approved Nasdaq Rule 5745 in Securities Exchange Act Release No. 34–73562 (Nov. 7, 2014), 79 FR 68309 (Nov. 14, 2014) (SR– NASDAQ–014–020) [sic]. 5 Additional information regarding the Fund will be available on the free public Web site for the Fund and in the Registration Statements [sic] for the Fund. 6 See initial Registration Statement on Form N– 1A for Hartford Funds NextShares Trust dated November 30, 2016 (File Nos. 333–214842 and 811– 23215). The descriptions of the Fund and the Shares contained herein conform to the initial Registration Statement. 7 The Commission has issued an order granting Hartford Funds NextShares Trust and certain affiliates exemptive relief under the Investment Company Act. See Investment Company Act Release No. 31607 (May 19, 2015) (File No. 812– 14439). E:\FR\FM\20MRN1.SGM 20MRN1

Agencies

[Federal Register Volume 82, Number 52 (Monday, March 20, 2017)]
[Notices]
[Pages 14394-14395]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-05398]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80245; File No. 265-29]


Equity Market Structure Advisory Committee

AGENCY: Securities and Exchange Commission.

ACTION: Notice of meeting.

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SUMMARY: The Securities and Exchange Commission Equity Market Structure 
Advisory Committee is providing notice that it will hold a public 
meeting on Wednesday, April 5, 2017, in Multi-Purpose Room LL-006 at 
the Commission's headquarters, 100 F Street NE., Washington, DC. The 
meeting will begin at 9:30 a.m. (EDT) and will be open to the public. 
The public portions of the meeting will be webcast on the Commission's 
Web site at www.sec.gov. Persons needing special accommodations to take 
part because of a disability should notify the contact person listed 
below. The public is invited to submit written statements to the 
Committee. The meeting will focus on potential recommendations and 
updates from the four subcommittees.

DATES: The public meeting will be held on Wednesday, April 5, 2017. 
Written statements should be received on or before March 29, 2017.

ADDRESSES: The meeting will be held at the Commission's headquarters, 
100 F Street NE., Washington, DC. Written statements may be submitted 
by any of the following methods:

[[Page 14395]]

Electronic Statements

     Use the Commission's Internet submission form (http://www.sec.gov/rules/other.shtml); or
     Send an email message to rule-comments@sec.gov. Please 
include File Number 265-29 on the subject line; or

Paper Statements

     Send paper statements in triplicate to Brent J. Fields, 
Federal Advisory Committee Management Officer, Securities and Exchange 
Commission, 100 F Street NE., Washington, DC 20549-1090.

All submissions should refer to File No. 265-29. This file number 
should be included on the subject line if email is used. To help us 
process and review your statement more efficiently, please use only one 
method. The Commission will post all statements on the Commission's 
Internet Web site at SEC Web site at (http://www.sec.gov/comments/265-29/265-29.shtml).
    Statements also will be available for Web site viewing and printing 
in the Commission's Public Reference Room, 100 F Street NE., Room 1580, 
Washington, DC 20549, on official business days between the hours of 
10:00 a.m. and 3:00 p.m. All statements received will be posted without 
change; we do not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
available publicly.

FOR FURTHER INFORMATION CONTACT: Arisa Tinaves Kettig, Senior Special 
Counsel, at (202) 551-5676, Division of Trading and Markets, Securities 
and Exchange Commission, 100 F Street NE., Washington, DC 20549-7010.

SUPPLEMENTARY INFORMATION: In accordance with Section 10(a) of the 
Federal Advisory Committee Act, 5 U.S.C.-App. 1, and the regulations 
thereunder, Heather Seidel, Designated Federal Officer of the 
Committee, has ordered publication of this notice.

    Dated: March 14, 2017.
Brent J. Fields,
Committee Management Officer.
[FR Doc. 2017-05398 Filed 3-17-17; 8:45 am]
 BILLING CODE 8011-01-P