Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Withdrawal of a Proposed Rule Change To Extend the Implementation Date for Certain Changes to the Rule 5700 Series and Rule 5810, 45921 [2017-21159]

Download as PDF Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices any burden on intramarket competition that is not necessary or appropriate in furtherance of the purposes of the Act because, while different issuers will be eligible for different fee credits, these different fee credits are not based on the type of listed company but on the timing of listing on IEX and, when a higher credit is provided, on the listing fees already paid to its prior listing exchange. As discussed in the Statutory Basis section, limiting fee credits to companies that issue the required press release prior to or within 120 calendar days of the first IEX listing is designed to incentivize companies to transfer to IEX expeditiously in order to gain critical mass quickly. Further, providing a higher fee credit to companies that paid nonrefundable listing fees of more than $250,000 to another listing exchange during the calendar year in which it lists on IEX is designed to provide a meaningful incentive to such companies to transfer their listing to IEX. All similarly situated issuers would be treated similarly since the higher credit would be based on the amount of the listing fee paid. 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 The foregoing rule change has become effective pursuant to Section 19(b)(3)(A)(ii) 33 of the Act. 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 necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings under Section 19(b)(2)(B) 34 of the Act to determine whether the proposed rule change should be approved or disapproved. sradovich on DSK3GMQ082PROD with NOTICES 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– IEX–2017–30 on the subject line. Paper Comments • Send paper comments in triplicate to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–1090. All submissions should refer to File Number SR–IEX–2017–30. 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–IEX– 2017–30 and should be submitted on or before October 23, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.35 Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017–21002 Filed 9–29–17; 8:45 am] BILLING CODE 8011–01–P 33 15 U.S.C. 78s(b)(3)(A)(ii). 34 15 U.S.C. 78s(b)(2)(B). VerDate Sep<11>2014 19:01 Sep 29, 2017 35 17 Jkt 244001 PO 00000 CFR 200.30–3(a)(12). Frm 00127 Fmt 4703 Sfmt 9990 45921 SECURITIES AND EXCHANGE COMMISSION [Release No. 34–81733; File No. SR– NASDAQ–2017–081] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Withdrawal of a Proposed Rule Change To Extend the Implementation Date for Certain Changes to the Rule 5700 Series and Rule 5810 September 27, 2017. On August 7, 2017, The NASDAQ Stock Market LLC (‘‘Nasdaq’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 1 and Rule 19b– 4 thereunder,2 a proposed rule change to extend the implementation date for certain changes concerning the continued listing requirements for exchange-traded products in the Nasdaq Rule 5700 Series and related changes to Nasdaq Rule 5810. The proposed rule change was published for comment in the Federal Register on August 22, 2017.3 The Commission received one comment letter on the proposed rule change.4 On September 22, 2017, Nasdaq withdrew the proposed rule change (SR–NASDAQ–2017–081). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.5 Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017–21159 Filed 9–29–17; 8:45 am] BILLING CODE 8011–01–P 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 See Securities Exchange Act Release No. 81406 (August 16, 2017), 82 FR 39920. 4 See letter from Jane Heinrichs, Associate General Counsel, Investment Company Institute, to Brent J. Fields, Secretary, Commission, dated September 1, 2017. 5 17 CFR 200.30–3(a)(12). 2 17 E:\FR\FM\02OCN1.SGM 02OCN1

Agencies

[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)]
[Notices]
[Page 45921]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21159]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81733; File No. SR-NASDAQ-2017-081]


Self-Regulatory Organizations; The NASDAQ Stock Market LLC; 
Notice of Withdrawal of a Proposed Rule Change To Extend the 
Implementation Date for Certain Changes to the Rule 5700 Series and 
Rule 5810

September 27, 2017.
    On August 7, 2017, The NASDAQ Stock Market LLC (``Nasdaq'') filed 
with the Securities and Exchange Commission (``Commission''), pursuant 
to Section 19(b)(1) of the Securities Exchange Act of 1934 \1\ and Rule 
19b-4 thereunder,\2\ a proposed rule change to extend the 
implementation date for certain changes concerning the continued 
listing requirements for exchange-traded products in the Nasdaq Rule 
5700 Series and related changes to Nasdaq Rule 5810. The proposed rule 
change was published for comment in the Federal Register on August 22, 
2017.\3\ The Commission received one comment letter on the proposed 
rule change.\4\ On September 22, 2017, Nasdaq withdrew the proposed 
rule change (SR-NASDAQ-2017-081).
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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. 81406 (August 16, 
2017), 82 FR 39920.
    \4\ See letter from Jane Heinrichs, Associate General Counsel, 
Investment Company Institute, to Brent J. Fields, Secretary, 
Commission, dated September 1, 2017.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-21159 Filed 9-29-17; 8:45 am]
 BILLING CODE 8011-01-P
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