
[Federal Register Volume 79, Number 182 (Friday, September 19, 2014)]
[Notices]
[Page 56418]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-22337]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73101; File No. SR-BATS-2014-028]


Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Establish a New Market Data Product Called the BATS One Feed

September 15, 2014.
    On July 14, 2014, BATS Exchange, Inc. (``Exchange'' or ``BATS'') 
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 
establish a new market data product called the BATS One Feed. The 
proposed rule change was published for comment in the Federal Register 
on August 1, 2014.\3\ Two comments on the proposal have been 
received.\4\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 72688 (July 28, 
2014), 79 FR 44941.
    \4\ See Letter from Sal Arnuk and Joe Saluzzi, Themis Trading 
LLC, to Elizabeth M. Murphy, Secretary, Commission, dated August 21, 
2014; Letter from Ira D. Hammerman, General Counsel, SIFMA, to Kevin 
M. O'Neill, Deputy Secretary, Commission, dated August 22, 2014.
---------------------------------------------------------------------------

    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 
Commission is extending this 45-day time period.
---------------------------------------------------------------------------

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

    The Commission finds that it is 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 and the 
comments received. Accordingly, the Commission, pursuant to Section 
19(b)(2) of the Act,\6\ designates October 30, 2014, 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-BATS-2014-028).
---------------------------------------------------------------------------

    \6\ Id.

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

    \7\ 17 CFR 200.30-3(a)(57).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-22337 Filed 9-18-14; 8:45 am]
BILLING CODE 8011-01-P


