Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Amend Commentary .01 to NYSE Arca Rule 8.600-E Relating to Certain Generic Listing Standards for Managed Fund Shares, 2637 [2019-01383]
Download as PDF
<![CDATA[
Federal Register / Vol. 84, No. 26 / Thursday, February 7, 2019 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–85026; File No. SR–
NYSEArca–2018–54]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Designation of
Longer Period for Commission Action
on Proceedings To Determine Whether
To Approve or Disapprove a Proposed
Rule Change To Amend Commentary
.01 to NYSE Arca Rule 8.600–E
Relating to Certain Generic Listing
Standards for Managed Fund Shares
February 1, 2019.
On July 18, 2018, 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 amend certain generic listing
standards for Managed Fund Shares.
The proposed rule change was
published for comment in the Federal
Register on August 7, 2018.3 On
September 19, 2018, pursuant to Section
19(b)(2) of the Act,4 the Commission
designated a longer period within which
to approve the proposed rule change,
disapprove the proposed rule change, or
institute proceedings to determine
whether to approve or disapprove the
proposed rule change.5 On November 1,
2018, the Commission issued an order
instituting proceedings pursuant to
Section 19(b)(2)(B) of the Act 6 to
determine whether to approve or
disapprove the proposed rule change.7
The Commission has received no
comment letters on the proposed rule
change.
Section 19(b)(2) of the Act 8 provides
that, after initiating disapproval
proceedings, the Commission shall issue
an order approving or disapproving the
proposed rule change not later than 180
days after the date of publication of
notice of filing of the proposed rule
change. The Commission may extend
the period for issuing an order
approving or disapproving the proposed
rule change, however, by not more than
60 days if the Commission determines
that a longer period is appropriate and
publishes the reasons for such
determination. In this case, the
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 83759
(August 1, 2018), 83 FR 38753.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No. 84195,
83 FR 48474 (September 25, 2018).
6 15 U.S.C. 78s(b)(2)(B).
7 See Securities Exchange Act Release No. 84517,
83 FR 55773 (November 7, 2018).
8 15 U.S.C. 78s(b)(2).
2 17
VerDate Sep<11>2014
17:23 Feb 06, 2019
Jkt 247001
proposed rule change was published for
notice and comment in the Federal
Register on August 7, 2018. February 3,
2019, is 180 days from that date, and
April 4, 2019, is 240 days from that
date.
The Commission finds it appropriate
to designate a longer period within
which to issue an order approving or
disapproving the proposed rule change
so that it has sufficient time to consider
the proposed rule change. Accordingly,
the Commission, pursuant to Section
19(b)(2) of the Act,9 designates April 4,
2019, as the date by which the
Commission shall either approve or
disapprove the proposed rule change
(File No. SR–NYSEArca–2018–54).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.10
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–01383 Filed 2–6–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–85034; File No. SR–CHX–
2019–01]
Self-Regulatory Organizations;
Chicago Stock Exchange, Inc.; Notice
of Filing and Immediate Effectiveness
of Proposed Rule Change To Amend
the Date of the Second Amended and
Restated Certificate of Incorporation of
the Exchange and the Third Amended
and Restated Certificate of
Incorporation of the Exchange’s Parent
CHX Holdings, Inc.
February 1, 2019.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) 2 and Rule 19b–4 thereunder,3
notice is hereby given that, on January
28, 2019, the Chicago Stock Exchange,
Inc. (‘‘CHX’’ or ‘‘Exchange’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I, II, and III below, which Items
have been prepared by the selfregulatory organization. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
2637
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
The Exchange proposes to amend the
date of the Amended [sic] and Restated
Certificate of Incorporation of the
Exchange (‘‘Exchange Certificate’’) and
the Second [sic] Amended and Restated
Certificate of Incorporation of the
Exchange’s parent CHX Holdings, Inc.
(‘‘Holdings’’ and, such certificate, the
‘‘Holdings Certificate’’). The proposed
rule change is available on the
Exchange’s website at www.nyse.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
self-regulatory organization 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 those 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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend the
date of the Exchange Certificate and the
Holdings Certificate.
On October 18, 2018, the Exchange
filed proposed amendments to the
Exchange Certificate, Holdings
Certificate, other governing documents,
the Exchange rules and its fee schedule,
to (1) reflect a name change of the
Exchange to ‘‘NYSE Chicago, Inc.’’ and
a name change of Holdings to ‘‘NYSE
Holdings, Inc.’’; (2) harmonize certain
provisions thereunder with similar
provisions in the governing documents
of the national securities exchange
affiliates of the Exchange and its parent
companies; and (3) make clarifying and
updating changes.4 The Exchange
proposed that the name changes and
other changes described therein would
become operative upon the Exchange
Certificate becoming effective pursuant
9 Id.
10 17
CFR 200.30–3(a)(57).
U.S.C. 78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
1 15
PO 00000
Frm 00151
Fmt 4703
Sfmt 4703
4 See SR–CHX–2018–05 (October 18, 2018) (the
‘‘October Filing’’), and Securities Exchange Release
No. 84494 (October 26, 2018), 83 FR 54953
(November 1, 2018) (SR–CHX–2018–05).
E:\FR\FM\07FEN1.SGM
07FEN1
]]>Agencies
[Federal Register Volume 84, Number 26 (Thursday, February 7, 2019)]
[Notices]
[Page 2637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-01383]
[[Page 2637]]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-85026; File No. SR-NYSEArca-2018-54]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of
Designation of Longer Period for Commission Action on Proceedings To
Determine Whether To Approve or Disapprove a Proposed Rule Change To
Amend Commentary .01 to NYSE Arca Rule 8.600-E Relating to Certain
Generic Listing Standards for Managed Fund Shares
February 1, 2019.
On July 18, 2018, 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 amend certain generic listing
standards for Managed Fund Shares. The proposed rule change was
published for comment in the Federal Register on August 7, 2018.\3\ On
September 19, 2018, pursuant to Section 19(b)(2) of the Act,\4\ the
Commission designated a longer period within which to approve the
proposed rule change, disapprove the proposed rule change, or institute
proceedings to determine whether to approve or disapprove the proposed
rule change.\5\ On November 1, 2018, the Commission issued an order
instituting proceedings pursuant to Section 19(b)(2)(B) of the Act \6\
to determine whether to approve or disapprove the proposed rule
change.\7\ The Commission has received no comment letters on the
proposed rule change.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 83759 (August 1,
2018), 83 FR 38753.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 84195, 83 FR 48474
(September 25, 2018).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 84517, 83 FR 55773
(November 7, 2018).
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \8\ provides that, after initiating
disapproval proceedings, the Commission shall issue an order approving
or disapproving the proposed rule change not later than 180 days after
the date of publication of notice of filing of the proposed rule
change. The Commission may extend the period for issuing an order
approving or disapproving the proposed rule change, however, by not
more than 60 days if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination. In this
case, the proposed rule change was published for notice and comment in
the Federal Register on August 7, 2018. February 3, 2019, is 180 days
from that date, and April 4, 2019, is 240 days from that date.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
The Commission finds it appropriate to designate a longer period
within which to issue an order approving or disapproving the proposed
rule change so that it has sufficient time to consider the proposed
rule change. Accordingly, the Commission, pursuant to Section 19(b)(2)
of the Act,\9\ designates April 4, 2019, as the date by which the
Commission shall either approve or disapprove the proposed rule change
(File No. SR-NYSEArca-2018-54).
---------------------------------------------------------------------------
\9\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------
\10\ 17 CFR 200.30-3(a)(57).
---------------------------------------------------------------------------
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-01383 Filed 2-6-19; 8:45 am]
BILLING CODE 8011-01-P
