Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Withdrawal of a Proposed Rule Change To Extend the Implementation Date for Certain Changes to the NYSE Arca Rule 5 and Rule 8 Series, 46111 [2017-21162]
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Federal Register / Vol. 82, No. 190 / Tuesday, October 3, 2017 / Notices
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–NYSEArca–2017–112. 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–
NYSEArca–2017–112, and should be
submitted on or before October 24,
2017.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.21
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–21161 Filed 10–2–17; 8:45 am]
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BILLING CODE 8011–01–P
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Withdrawal of a
Proposed Rule Change To Extend the
Implementation Date for Certain
Changes to the NYSE Arca Rule 5 and
Rule 8 Series
to the provisions of Section 19(b)(1) of
the Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
proposed rule change to adopt rules
relating to trading in index options. The
proposed rule change was published for
comment in the Federal Register on
August 16, 2017.3 The Commission
received no comments regarding the
proposal. This order approves the
proposed rule change.
September 27, 2017.
II. Description of the Proposal
On August 3, 2017, NYSE Arca, Inc.
(‘‘Exchange’’) 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
to the NYSE Arca Rule 5 and Rule 8
Series relating to continued listing
standards for exchange-traded products.
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, the Exchange
withdrew the proposed rule change
(SR–NYSEArca–2017–84).
A. Overview
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81738; File No. SR–
NYSEArca–2017–84]
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.5
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017–21162 Filed 10–2–17; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81739; File No. SR–MIAX–
2017–39]
Self-Regulatory Organizations; Miami
International Securities Exchange LLC;
Order Granting Approval of a
Proposed Rule Change To Adopt Rules
Relating to Trading in Index Options
September 27, 2017.
I. Introduction
On August 9, 2017, Miami
International Securities Exchange, LLC
(‘‘MIAX Options’’ or ‘‘Exchange’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 81411
(August 16, 2017), 82 FR 39929.
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
21 17
CFR 200.30–3(a)(12).
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The Exchange proposes to adopt new
Chapter 18 and amend certain rules in
the MIAX Options rulebook. The
purpose of the Exchange’s proposal is to
establish: (1) Trading rules enabling
MIAX Options Members to trade index
options on the Exchange and (2) generic
listing standards and maintenance
standards to permit the Exchange to list
‘‘broad-based’’ and ‘‘narrow-based’’
index options on the Exchange pursuant
to Rule 19b–4(e) under the Act.4 The
proposed generic listing and
maintenance standards for broad-based
indices listed and traded on the
Exchange require, among other things,
that options on the index be a.m.settled; that the index be capitalizationweighted, modified capitalizationweighted, price-weighted, or equal
dollar-weighted; and that the index be
comprised of at least fifty securities, all
of which must be ‘‘NMS stocks,’’ as
defined in Rule 600 of Regulation
NMS.5 The proposed generic listing and
maintenance standards for narrow-based
indices require, among other
characteristics, that the proposed
indices must consist of ten or more
component securities.6
In accordance with the proposal, the
Exchange will need to file additional
proposed rule changes with the
Commission when the Exchange
identifies specific products, because the
rules related to trading options in
indices are product specific in many
areas.7 For purposes of this proposed
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 81371
(August 10, 2017), 82 FR 38942 (‘‘Notice’’).
4 17 CFR 240.19b–4(e). The term ‘‘broad-based
index’’ is defined as an index designed to be
representative of a stock market as a whole or of a
range of companies in unrelated industries. See
Proposed Rule 1801(k). The term ‘‘narrow-based
index’’ is defined as an index designed to be
representative of a particular industry or a group of
related industries or an index whose constituents
are all headquartered within a single country. See
Proposed Rule 1801(j).
5 See Proposed Rule 1802(d)(4).
6 See Proposed Rule 1802(b)(2).
7 See Notice, supra note 3, at 38942–43.
2 17
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Agencies
[Federal Register Volume 82, Number 190 (Tuesday, October 3, 2017)]
[Notices]
[Page 46111]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21162]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-81738; File No. SR-NYSEArca-2017-84]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of
Withdrawal of a Proposed Rule Change To Extend the Implementation Date
for Certain Changes to the NYSE Arca Rule 5 and Rule 8 Series
September 27, 2017.
On August 3, 2017, NYSE Arca, Inc. (``Exchange'') 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 to the NYSE Arca Rule 5 and
Rule 8 Series relating to continued listing standards for exchange-
traded products. 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,
the Exchange withdrew the proposed rule change (SR-NYSEArca-2017-84).
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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. 81411 (August 16,
2017), 82 FR 39929.
\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\
---------------------------------------------------------------------------
\5\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-21162 Filed 10-2-17; 8:45 am]
BILLING CODE 8011-01-P