Justia Agencies And Commissions Securities And Exchange Commission Self-Regulatory Organizations; BatsBZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To List and Trade Under BZX Rule 14.11(c)(4) Shares of the Following Series of Market Vectors ETF Trust: Market Vectors 6-8 Year Municipal Index ETF; Market Vectors 8-12 Year Municipal Index ETF; and Market Vectors 12-17 Year Municipal Index ETF, 36627-36628 [2016-13315]

Self-Regulatory Organizations; BatsBZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To List and Trade Under BZX Rule 14.11(c)(4) Shares of the Following Series of Market Vectors ETF Trust: Market Vectors 6-8 Year Municipal Index ETF; Market Vectors 8-12 Year Municipal Index ETF; and Market Vectors 12-17 Year Municipal Index ETF, 36627-36628 [2016-13315]

Download as PDF Federal Register / Vol. 81, No. 109 / Tuesday, June 7, 2016 / Notices 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Ruth Ann Abrams, Acting Secretary. [FR Doc. 2016–13336 Filed 6–6–16; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2016–189; Order No. 3334] New Postal Product AGENCY: ACTION: Postal Regulatory Commission. Notice. The Commission is noticing a recent Postal Service filing concerning an additional Global Expedited Package Services 6 negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps. SUMMARY: DATES: Comments are due: June 8, 2016. Submit comments electronically via the Commission’s Filing Online system at https:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. ADDRESSES: II. Notice of Commission Action The Commission establishes Docket No. CP2016–189 for consideration of matters raised by the Notice. The Commission invites comments on whether the Postal Service’s filing is consistent with 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comments are due no later than June 8, 2016. The public portions of the filing can be accessed via the Commission’s Web site (https:// www.prc.gov). The Commission appoints Curtis E. Kidd to serve as Public Representative in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2016–189 for consideration of the matters raised by the Postal Service’s Notice. 2. Pursuant to 39 U.S.C. 505, Curtis E. Kidd is appointed to serve as an officer of the Commission to represent the interests of the general public in this proceeding (Public Representative). 3. Comments are due no later than June 8, 2016. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Ruth Ann Abrams, Acting Secretary. [FR Doc. 2016–13335 Filed 6–6–16; 8:45 am] BILLING CODE 7710–FW–P FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. POSTAL SERVICE SUPPLEMENTARY INFORMATION: Sunshine Act Meeting; Temporary Emergency Committee of the Board of Governors Table of Contents I. Introduction II. Notice of Commission Action III. Ordering Paragraphs asabaliauskas on DSK3SPTVN1PROD with NOTICES On May 31, 2016, the Postal Service filed notice that it has entered into an additional Global Expedited Package Services 6 (GEPS 6) negotiated service agreement (Agreement).1 To support its Notice, the Postal Service filed a copy of the Agreement, a copy of the Governors’ Decision authorizing the product, a certification of compliance with 39 U.S.C. 3633(a), and an application for non-public treatment of certain materials. It also filed supporting financial workpapers. 1 Notice of United States Postal Service of Filing a Functionally Equivalent Global Expedited Package Services 6 Negotiated Service Agreement and Application for Non-Public Treatment of Materials Filed Under Seal, May 31, 2016 (Notice). VerDate Sep<11>2014 19:13 Jun 06, 2016 Jkt 238001 Tuesday, June 21, 2016, at 1 p.m. PLACE: Las Vegas, Nevada, and via Teleconference. STATUS: Closed. MATTERS TO BE CONSIDERED: Tuesday, June 21, 2016, at 1 p.m. 1. Strategic Issues. 2. Financial Matters. 3. Pricing. 4. Personnel Matters and Compensation Issues. 5. Executive Session—Discussion of prior agenda items. General Counsel Certification: The General Counsel of the United States Postal Service has certified that the meeting may be closed under the Government in the Sunshine Act. TIME AND DATE: I. Introduction CONTACT PERSON FOR MORE INFORMATION: Julie S. Moore, Secretary of the Board, PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 36627 U.S. Postal Service, 475 L’Enfant Plaza SW., Washington, DC 20260–1000. Telephone: (202) 268–4800. Julie S. Moore. Secretary. [FR Doc. 2016–13488 Filed 6–3–16; 11:15 am] BILLING CODE 7710–12–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–77958; File No. SR– BatsBZX–2016–01] Self-Regulatory Organizations; BatsBZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To List and Trade Under BZX Rule 14.11(c)(4) Shares of the Following Series of Market Vectors ETF Trust: Market Vectors 6–8 Year Municipal Index ETF; Market Vectors 8–12 Year Municipal Index ETF; and Market Vectors 12–17 Year Municipal Index ETF June 1, 2016. On March 29, 2016, Bats BZX Exchange, Inc. (‘‘BZX’’) 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 under BZX Rule 14.11(c)(4) the shares of the Market Vectors 6–8 Year Municipal Index ETF; Market Vectors 8–12 Year Municipal Index ETF; and Market Vectors 12–17 Year Municipal Index ETF. The proposed rule change was published for comment in the Federal Register on April 18, 2016.3 The Commission received one comment on the proposed rule change.4 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 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See Securities Exchange Act Release No. 77596 (April 18, 2016), 81 FR 22681 (‘‘Notice’’). 4 See Letter from Anonymous dated May 3, 2016, available at: https://www.sec.gov/comments/srbatsbzx-2016-01/batsbzx201601-1.htm. 5 15 U.S.C. 78s(b)(2). 2 17 E:\FR\FM\07JNN1.SGM 07JNN1 36628 Federal Register / Vol. 81, No. 109 / Tuesday, June 7, 2016 / Notices disapproved. The 45th day after publication of the notice for this proposed rule change is June 2, 2016. The Commission is extending this 45day 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 this proposed rule change. Accordingly, the Commission, pursuant to section 19(b)(2) of the Act,6 designates July 15, 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–BatsBZX–2016–01). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.7 Brent J. Fields, Secretary. [FR Doc. 2016–13315 Filed 6–6–16; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–77963; File No. SR–FINRA– 2016–017] Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend FINRA Rule 2242 (Debt Research Analysts and Debt Research Reports) asabaliauskas on DSK3SPTVN1PROD with NOTICES June 1, 2016. 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 May 24, 2016, Financial Industry Regulatory Authority, Inc. (‘‘FINRA’’) filed with the Securities and Exchange Commission (‘‘SEC’’ or ‘‘Commission’’) the proposed rule change as described in Items I, II, and III below, which Items have been prepared by FINRA. FINRA has designated the proposed rule change as constituting a ‘‘non-controversial’’ rule change under paragraph (f)(6) of Rule 19b–4 under the Act,3 which renders the proposal effective upon receipt of this filing by the Commission. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. 6 Id. 7 17 CFR 200.30–3(a)(31). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 17 CFR 240.19b–4(f)(6). 1 15 VerDate Sep<11>2014 19:13 Jun 06, 2016 Jkt 238001 I. Self-Regulatory Organization’s Statement of the Terms of the Substance of the Proposed Rule Change FINRA is proposing to amend FINRA Rule 2242 (Debt Research Analysts and Debt Research Reports) to clarify the application of the rule in four respects: (1) The consent requirement for institutional debt research reports distributed to non-U.S. investors by non-U.S. affiliates of members; (2) the consent requirement for institutional debt research reports distributed to specified persons for informational purposes unrelated to investing in debt securities; (3) the scope of the institutional debt research report exemption when distributing third-party debt research reports to eligible institutional investors; and (4) the disclosure requirements for debt research analysts in public appearances. Below is the text of the proposed rule change. Proposed new language is in italics; proposed deletions are in brackets. * * * * * 2240. CONFLICTS OF INTEREST * * * * * 2242. Debt Research Analysts and Debt Research Reports (a) through (i) No Change. (j) Exemption for Debt Research Reports Provided to Institutional Investors (1) Except as provided in paragraphs (j)(2) and (j)(3) of this Rule, the provisions of this Rule shall not apply to the distribution of a debt research report to: (A) through (B) No Change. (2) Notwithstanding paragraph (j)(1) of this Rule, a member must establish, maintain and enforce written policies and procedures reasonably designed to identify and effectively manage conflicts of interest described in paragraphs (b)(2)(A)(i), (b)(2)(H) (with respect to pressuring), (b)(2)(I), (b)(2)(K), (b)(2)(L), (b)(2)(M), (b)(2)(N) and Supplementary Material .02(a) of this Rule. (3) Notwithstanding paragraph (j)(1) of this Rule, a member that distributes third-party debt research reports to institutional investors pursuant to this exemption must establish, maintain and enforce written policies and procedures reasonably designed to comply with paragraphs (g)(1), (g)(2), (g)(4) and (g)(6) of this Rule. [(3)] (4) Debt research reports provided to institutional investors pursuant to this exemption (‘‘institutional debt research’’) must disclose prominently on the first page that: (A) ‘‘This document is intended for institutional investors and is not subject PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 to all of the independence and disclosure standards applicable to debt research reports prepared for retail investors.’’ (B) If applicable, ‘‘The views expressed in this report may differ from the views offered in [Firm’s] debt research reports prepared for retail investors.’’ (C) If applicable, ‘‘This report may not be independent of [Firm’s] proprietary interests. [Firm] trades the securities covered in this report for its own account and on a discretionary basis on behalf of certain clients. Such trading interests may be contrary to the recommendation(s) offered in this report.’’ (5) Notwithstanding paragraph (j)(4) of this Rule, a member that distributes third-party debt research reports to institutional investors pursuant to this exemption must disclose prominently the disclosures required by paragraphs (j)(4)(A) and (j)(4)(C) of this Rule. [(4)] (6) A member must establish, maintain and enforce written policies and procedures reasonably designed to ensure that institutional debt research is made available only to eligible institutional investors. A member may not rely on this exemption with respect to a debt research report that the member has reason to believe will be redistributed to a retail investor. [(5)] (7) This paragraph (j) does not relieve a member of its obligations to comply with the antifraud provisions of the federal securities laws and FINRA rules. (k) No Change. • • • Supplementary Material: ——— .01 through .11 No Change. .12 Distribution of Institutional Debt Research to Non-U.S. Investors. The requirements of paragraphs (j)(1)(A) and (B) of this Rule shall not apply to the distribution of an institutional debt research report by a non-U.S. affiliate of a member to a non-U.S. investor, provided that: (a) The non-U.S. investor is not a customer of the member; (b) The non-U.S. investor is a customer of the non-U.S. affiliate of the member; and (c) The non-U.S. affiliate of the member has a reasonable basis to believe that the customer meets the definition of ‘‘institutional account’’ in Rule 4512(c). .13 Distribution of Institutional Debt Research for Informational Purposes (a) A member may distribute institutional debt research reports to the persons described in paragraph (c) of this Supplementary Material .13 for informational purposes unrelated to E:\FR\FM\07JNN1.SGM 07JNN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 81, Number 109 (Tuesday, June 7, 2016)]
[Notices]
[Pages 36627-36628]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13315]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77958; File No. SR-BatsBZX-2016-01]


Self-Regulatory Organizations; BatsBZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change To List and Trade Under BZX Rule 14.11(c)(4) Shares of the 
Following Series of Market Vectors ETF Trust: Market Vectors 6-8 Year 
Municipal Index ETF; Market Vectors 8-12 Year Municipal Index ETF; and 
Market Vectors 12-17 Year Municipal Index ETF

June 1, 2016.
    On March 29, 2016, Bats BZX Exchange, Inc. (``BZX'') 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 
under BZX Rule 14.11(c)(4) the shares of the Market Vectors 6-8 Year 
Municipal Index ETF; Market Vectors 8-12 Year Municipal Index ETF; and 
Market Vectors 12-17 Year Municipal Index ETF. The proposed rule change 
was published for comment in the Federal Register on April 18, 2016.\3\ 
The Commission received one comment on the proposed rule change.\4\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 77596 (April 18, 
2016), 81 FR 22681 (``Notice'').
    \4\ See Letter from Anonymous dated May 3, 2016, available at: 
https://www.sec.gov/comments/sr-batsbzx-2016-01/batsbzx201601-1.htm.
---------------------------------------------------------------------------

    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

[[Page 36628]]

disapproved. The 45th day after publication of the notice for this 
proposed rule change is June 2, 2016. The Commission is extending this 
45-day time period.
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    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,\6\ designates July 
15, 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-BatsBZX-2016-01).
---------------------------------------------------------------------------

    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
---------------------------------------------------------------------------

    \7\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Brent J. Fields,
Secretary.
[FR Doc. 2016-13315 Filed 6-6-16; 8:45 am]
BILLING CODE 8011-01-P

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