Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 21.2, Days and Hours of Business, 39641-39643 [2017-17551]
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Federal Register / Vol. 82, No. 160 / Monday, August 21, 2017 / Notices
above, the Exchange does not believe
that the proposed rule change will
impose any burden on competition not
necessary or appropriate in furtherance
of the purposes of the Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were either
solicited or received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (i) Significantly affect
the protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, it has
become effective pursuant to Section
19(b)(3)(A)(iii) of the Act 13 and
subparagraph (f)(6) of Rule 19b–4
thereunder.14
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is: (i) Necessary or appropriate in
the public interest; (ii) for the protection
of investors; or (iii) otherwise in
furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
should be approved or disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
asabaliauskas on DSKBBXCHB2PROD with NOTICES
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
Phlx–2017–68 on the subject line.
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give
the Commission written notice of its intent to file
the proposed rule change at least five business days
prior to the date of filing of the proposed rule
change, or such shorter time as designated by the
Commission. The Exchange has satisfied this
requirement.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–Phlx–2017–68. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for Web site viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE.,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–Phlx–
2017–68 and should be submitted on or
before September 11, 2017.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–17548 Filed 8–18–17; 8:45 am]
BILLING CODE 8011–01–P
13 15
14 17
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18:37 Aug 18, 2017
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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81404; File No. SR–
BatsBZX–2017–52]
Self-Regulatory Organizations; Bats
BZX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change to Rule 21.2,
Days and Hours of Business
August 15, 2017.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on August 2,
2017, Bats BZX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BZX’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’) the proposed rule
change as described in Items I and II
below, which Items have been prepared
by the Exchange. The Exchange has
designated this proposal as a ‘‘noncontroversial’’ proposed rule change
pursuant to Section 19(b)(3)(A) of the
Act 3 and Rule 19b–4(f)(6)(iii)
thereunder,4 which renders it effective
upon filing with the Commission. 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 filed a proposal to
amend Rule 21.2, Days and Hours of
Business.
The text of the proposed rule change
is available at the Exchange’s Web site
at www.bats.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
the most significant parts of such
statements.
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6)(iii).
2 17
15 17
PO 00000
CFR 200.30–3(a)(12).
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39641
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39642
Federal Register / Vol. 82, No. 160 / Monday, August 21, 2017 / Notices
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The purpose of this filing is to amend
Rule 21.2 to clarify the trading hours for
options on fund shares (‘‘ETF’s’’) and
exchange-traded notes (‘‘ETNs’’).
Specifically, the Exchange seeks to
amend Rule 21.2 to provide that options
on ETF’s and ETNs (collectively
exchange-traded products or ‘‘ETPs’’)
may be traded on the Exchange until
3:15 p.m. (CT) each business day. The
Exchange notes that the proposed rule is
based on C2 Options Exchange,
Incorporated (‘‘C2’’) Rule 6.1 and NYSE
MKT LLC (‘‘NYSE MKT’’) Rule 901NY
Commentary .02.
Currently, Rule 21.2 provides that all
options on ETPs will be traded on the
Exchange until 3:15 p.m. (CT); however,
industry practice and the Exchange’s
current practice allow the vast majority
of options on ETPs to be traded until
3:00 p.m. (CT), while allowing certain
options on ETPs to trade until 3:15 p.m.
(CT).5 This filing seeks to align BZX
Rules with industry practice.
asabaliauskas on DSKBBXCHB2PROD with NOTICES
2. Statutory Basis
The Exchange believes the proposed
rule change is consistent with the
Securities Exchange Act of 1934 (the
‘‘Act’’) and the rules and regulations
thereunder applicable to the Exchange
and, in particular, the requirements of
Section 6(b) of the Act. Specifically, the
Exchange believes the proposed rule
change is consistent with the Section
6(b)(5) requirements that the rules of an
exchange be designed to prevent
fraudulent and manipulative acts and
practices, to promote just and equitable
principles of trade, to foster cooperation
and coordination with persons engaged
in regulating, clearing, settling,
processing information with respect to,
and facilitating transactions in
securities, to remove impediments to
and perfect the mechanism of a free and
open market and a national market
system, and, in general, to protect
investors and the public interest.
Additionally, the Exchange believes the
proposed rule change is consistent with
the Section 6(b)(5) requirement that the
rules of an exchange not be designed to
permit unfair discrimination between
customers, issuers, brokers, or dealers.
In particular, the proposed rule
change will protect investors and the
public interest by reducing potential
5 See e.g., the trading hours of options on NYSE
MKT and NYSE Arca Inc., available at, https://
www.nyse.com/markets/hours-calendars.
VerDate Sep<11>2014
18:37 Aug 18, 2017
Jkt 241001
confusing regarding BZX’s trading hours
for options on ETPs and aligning BZX’s
Rules regarding trading orders for
options on ETPs with industry practice.
The Exchange notes that the proposed
rule is based on C2 Rule 6.1 and NYSE
MKT Rule 901NY Commentary .02.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
BZX does not believe that the
proposed rule change will impose any
burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. The
proposed rule change will not impose
any burden on intermarket or
intramarket competition as the proposed
rule change will align BZX’s Rules
regarding trading orders for options on
ETPs with industry practice. In
addition, the proposed rule change does
not modify the construct for trading
hours but simply identifies the products
that may close at 3:00 p.m. (CT) or 3:15
p.m. (CT), which is consistent with the
industry.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments were neither
solicited nor received.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (A) Significantly affect
the protection of investors or the public
interest; (B) impose any significant
burden on competition; and (C) by its
terms, become operative for 30 days
from the date on which it was filed or
such shorter time as the Commission
may designate, it has become effective
pursuant to Section 19(b)(3)(A) of the
Act 6 and paragraph (f)(6) of Rule 19b–
4 thereunder.7
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is: (1) Necessary or appropriate in
the public interest; (2) for the protection
of investors; or (3) otherwise in
furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission shall institute proceedings
6 15
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4. The Exchange has given the
Commission written notice of its intent to file the
proposed rule change, along with a brief description
and text of the proposed rule change at least five
business days prior to the date of filing of the
proposed rule change, or such shorter time as
designated by the Commission.
7 17
PO 00000
Frm 00087
Fmt 4703
Sfmt 4703
to determine whether the proposed rule
should be approved or disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
BatsBZX–2017–52 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–BatsBZX–2017–52. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for Web site viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE.,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change;
the Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–
BatsBZX–2017–52 and should be
submitted on or before September 11,
2017.
8 17
E:\FR\FM\21AUN1.SGM
CFR 200.30–3(a)(12).
21AUN1
Federal Register / Vol. 82, No. 160 / Monday, August 21, 2017 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–17551 Filed 8–18–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81400; File No. SR–
NYSEArca–2017–56]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Designation of a
Longer Period for Commission Action
on a Proposed Rule Change, as
Modified by Amendment No. 1, To
Facilitate the Listing and Trading of
Certain Series of Investment Company
Units Listed Pursuant to NYSE Arca
Equities Rule 5.2(j)(3)
2017. The Commission is extending this
45-day time period.
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 the proposed rule change, as
modified by Amendment No. 1.
Accordingly, the Commission, pursuant
to Section 19(b)(2) of the Act,6
designates October 5, 2017, as the date
by which the Commission shall either
approve or disapprove, or institute
proceedings to determine whether to
disapprove, the proposed rule change,
as modified by Amendment No. 1 (File
No. SR–NYSEArca–2017–56).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
Eduardo A. Aleman,
Assistant Secretary.
39643
pursuant to the authority vested in me
by the Act of October 19, 1965 (79 Stat.
985; 22 U.S.C. 2459), E.O. 12047 of
March 27, 1978, the Foreign Affairs
Reform and Restructuring Act of 1998
(112 Stat. 2681, et seq.; 22 U.S.C. 6501
note, et seq.), Delegation of Authority
No. 234 of October 1, 1999, Delegation
of Authority No. 236–3 of August 28,
2000 (and, as appropriate, Delegation of
Authority No. 257–1 of December 11,
2015). I have ordered that Public Notice
of these Determinations be published in
the Federal Register.
Alyson Grunder,
Deputy Assistant Secretary for Policy, Bureau
of Educational and Cultural Affairs,
Department of State.
[FR Doc. 2017–17611 Filed 8–18–17; 8:45 am]
BILLING CODE 4710–05–P
[FR Doc. 2017–17547 Filed 8–18–17; 8:45 am]
DEPARTMENT OF STATE
BILLING CODE 8011–01–P
[Public Notice: 10090]
asabaliauskas on DSKBBXCHB2PROD with NOTICES
August 15, 2017.
On June 19, 2017, 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 facilitate the listing and
trading of certain series of investment
company units listed pursuant to NYSE
Arca Equities Rule 5.2(j)(3). The
proposed rule change was published for
comment in the Federal Register on July
7, 2017.3 On August 8, 2017, the
Exchange filed Amendment No. 1 to the
proposed rule change.4 The Commission
has received no comment letters on the
proposed rule change.
Section 19(b)(2) of the Act 5 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 August 21,
1 15
U.S.C.78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 81062
(June 30, 2017), 82 FR 31651.
4 Amendment No. 1 is available at: https://
www.sec.gov/comments/sr-nysearca-2017-56/
nysearca201756.htm.
5 15 U.S.C. 78s(b)(2).
2 17
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18:37 Aug 18, 2017
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DEPARTMENT OF STATE
[Public Notice: 10091]
Notice of Determinations; Culturally
Significant Objects Imported for
Exhibition Determinations: ‘‘Maori
Portraits: Gottfried Lindauer’s New
Zealand’’ Exhibition
Notice is hereby given of the
following determinations: I hereby
determine that certain objects to be
included in the exhibition ‘‘Maori
Portraits: Gottfried Lindauer’s New
Zealand,’’ imported from abroad for
temporary exhibition within the United
States, are of cultural significance. The
objects are imported pursuant to loan
agreements with the foreign owners or
custodians. I also determine that the
exhibition or display of the exhibit
objects at the Fine Arts Museums of San
Francisco, de Young Museum, San
Francisco, California, from on or about
September 9, 2017, until on or about
April 1, 2018, and at possible additional
exhibitions or venues yet to be
determined, is in the national interest.
FOR FURTHER INFORMATION CONTACT: For
further information, including a list of
the imported objects, contact Elliot Chiu
in the Office of the Legal Adviser, U.S.
Department of State (telephone: 202–
632–6471; email: section2459@
state.gov). The mailing address is U.S.
Department of State, L/PD, SA–5, Suite
5H03, Washington, DC 20522–0505.
SUPPLEMENTARY INFORMATION: The
foregoing determinations were made
SUMMARY:
6 Id.
7 17
PO 00000
CFR 200.30–3(a)(31).
Frm 00088
Fmt 4703
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Notice of Determinations: Culturally
Significant Objects Imported for
Exhibition Determinations: ‘‘Beyond
`
Impressionism—Paris, Fin-de-Siecle:
The Art of Signac, Redon, ToulouseLautrec and Their Contemporaries’’
Exhibition
Notice is hereby given of the
following determinations: I hereby
determine that certain objects to be
included in the exhibition ‘‘Beyond
`
Impressionism—Paris, Fin-de-Siecle:
The Art of Signac, Redon, ToulouseLautrec and their Contemporaries,’’
imported from abroad for temporary
exhibition within the United States, are
of cultural significance. The objects are
imported pursuant to a loan agreement
with the foreign owner or custodian. I
also determine that the exhibition or
display of the exhibit objects at the
Columbus Museum of Art, Columbus,
Ohio, from on or about October 20,
2017, until on or about January 21,
2018, and at possible additional
exhibitions or venues yet to be
determined, is in the national interest.
FOR FURTHER INFORMATION CONTACT: For
further information, including a list of
the imported objects, contact Elliot Chiu
in the Office of the Legal Adviser, U.S.
Department of State (telephone: 202–
632–6471; email: section2459@
state.gov). The mailing address is U.S.
Department of State, L/PD, SA–5, Suite
5H03, Washington, DC 20522–0505.
SUPPLEMENTARY INFORMATION: The
foregoing determinations were made
pursuant to the authority vested in me
by the Act of October 19, 1965 (79 Stat.
985; 22 U.S.C. 2459), E.O. 12047 of
March 27, 1978, the Foreign Affairs
SUMMARY:
E:\FR\FM\21AUN1.SGM
21AUN1
]]>Agencies
[Federal Register Volume 82, Number 160 (Monday, August 21, 2017)]
[Notices]
[Pages 39641-39643]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-17551]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-81404; File No. SR-BatsBZX-2017-52]
Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of
Filing and Immediate Effectiveness of a Proposed Rule Change to Rule
21.2, Days and Hours of Business
August 15, 2017.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on August 2, 2017, Bats BZX Exchange, Inc. (the ``Exchange'' or
``BZX'') filed with the Securities and Exchange Commission (the
``Commission'') the proposed rule change as described in Items I and II
below, which Items have been prepared by the Exchange. The Exchange has
designated this proposal as a ``non-controversial'' proposed rule
change pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule 19b-
4(f)(6)(iii) thereunder,\4\ which renders it effective upon filing with
the Commission. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(6)(iii).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange filed a proposal to amend Rule 21.2, Days and Hours of
Business.
The text of the proposed rule change is available at the Exchange's
Web site at www.bats.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 the most significant parts of such
statements.
[[Page 39642]]
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
The purpose of this filing is to amend Rule 21.2 to clarify the
trading hours for options on fund shares (``ETF's'') and exchange-
traded notes (``ETNs''). Specifically, the Exchange seeks to amend Rule
21.2 to provide that options on ETF's and ETNs (collectively exchange-
traded products or ``ETPs'') may be traded on the Exchange until 3:15
p.m. (CT) each business day. The Exchange notes that the proposed rule
is based on C2 Options Exchange, Incorporated (``C2'') Rule 6.1 and
NYSE MKT LLC (``NYSE MKT'') Rule 901NY Commentary .02.
Currently, Rule 21.2 provides that all options on ETPs will be
traded on the Exchange until 3:15 p.m. (CT); however, industry practice
and the Exchange's current practice allow the vast majority of options
on ETPs to be traded until 3:00 p.m. (CT), while allowing certain
options on ETPs to trade until 3:15 p.m. (CT).\5\ This filing seeks to
align BZX Rules with industry practice.
---------------------------------------------------------------------------
\5\ See e.g., the trading hours of options on NYSE MKT and NYSE
Arca Inc., available at, https://www.nyse.com/markets/hours-calendars.
---------------------------------------------------------------------------
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Securities Exchange Act of 1934 (the ``Act'') and the rules and
regulations thereunder applicable to the Exchange and, in particular,
the requirements of Section 6(b) of the Act. Specifically, the Exchange
believes the proposed rule change is consistent with the Section
6(b)(5) requirements that the rules of an exchange be designed to
prevent fraudulent and manipulative acts and practices, to promote just
and equitable principles of trade, to foster cooperation and
coordination with persons engaged in regulating, clearing, settling,
processing information with respect to, and facilitating transactions
in securities, to remove impediments to and perfect the mechanism of a
free and open market and a national market system, and, in general, to
protect investors and the public interest. Additionally, the Exchange
believes the proposed rule change is consistent with the Section
6(b)(5) requirement that the rules of an exchange not be designed to
permit unfair discrimination between customers, issuers, brokers, or
dealers.
In particular, the proposed rule change will protect investors and
the public interest by reducing potential confusing regarding BZX's
trading hours for options on ETPs and aligning BZX's Rules regarding
trading orders for options on ETPs with industry practice. The Exchange
notes that the proposed rule is based on C2 Rule 6.1 and NYSE MKT Rule
901NY Commentary .02.
B. Self-Regulatory Organization's Statement on Burden on Competition
BZX does not believe that the proposed rule change will impose any
burden on competition that is not necessary or appropriate in
furtherance of the purposes of the Act. The proposed rule change will
not impose any burden on intermarket or intramarket competition as the
proposed rule change will align BZX's Rules regarding trading orders
for options on ETPs with industry practice. In addition, the proposed
rule change does not modify the construct for trading hours but simply
identifies the products that may close at 3:00 p.m. (CT) or 3:15 p.m.
(CT), which is consistent with the industry.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
Written comments were neither solicited nor received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule change does not: (A)
Significantly affect the protection of investors or the public
interest; (B) impose any significant burden on competition; and (C) by
its terms, become operative for 30 days from the date on which it was
filed or such shorter time as the Commission may designate, it has
become effective pursuant to Section 19(b)(3)(A) of the Act \6\ and
paragraph (f)(6) of Rule 19b-4 thereunder.\7\
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(3)(A).
\7\ 17 CFR 240.19b-4. The Exchange has given the Commission
written notice of its intent to file the proposed rule change, along
with a brief description and text of the proposed rule change at
least five business days prior to the date of filing of the proposed
rule change, or such shorter time as designated by the Commission.
---------------------------------------------------------------------------
At any time within 60 days of the filing of the proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is: (1)
Necessary or appropriate in the public interest; (2) for the protection
of investors; or (3) otherwise in furtherance of the purposes of the
Act. If the Commission takes such action, the Commission shall
institute proceedings to determine whether the proposed rule should be
approved or disapproved.
IV. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:
Electronic Comments
Use the Commission's Internet comment form (https://www.sec.gov/rules/sro.shtml); or
Send an email to rule-comments@sec.gov. Please include
File Number SR-BatsBZX-2017-52 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.
All submissions should refer to File Number SR-BatsBZX-2017-52. This
file number should be included on the subject line if email is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (https://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C. 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street NE.,
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the filing also will be available
for inspection and copying at the principal office of the Exchange. All
comments received will be posted without change; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-BatsBZX-2017-52 and should
be submitted on or before September 11, 2017.
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\8\ 17 CFR 200.30-3(a)(12).
[[Page 39643]]
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For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-17551 Filed 8-18-17; 8:45 am]
BILLING CODE 8011-01-P
