
[Federal Register Volume 81, Number 112 (Friday, June 10, 2016)]
[Notices]
[Pages 37659-37660]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13716]


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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77996; File No. SR-NYSE-2016-22]


Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Designation of a Longer Period for Commission Action on a 
Proposed Rule Change, as Modified by Amendment No. 5, To Adopt Initial 
and Continued Listing Standards for the Listing of Equity Investment 
Tracking Stocks and Adopt Listing Fees Specific to Equity Investment 
Tracking Stocks

June 6, 2016.
    On April 7, 2016, the New York Stock Exchange LLC (``NYSE'' or the 
``Exchange'') 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 adopt initial and continued listing standards 
for the listing of Equity Investment Tracking Stocks and to adopt fees 
for Equity Investment Tracking Stocks. The proposed rule change was 
published for comment in the Federal Register on April 27, 2016.\3\ On 
April 20, 2016, the Exchange filed Amendment No. 1 to the proposed rule 
change, which superseded the original filing in its entirety.\4\ On May 
17, 2016, the Exchange filed Amendment No. 5 to the proposal, which 
superseded the filing, as amended by Amendment No. 1. Amendment No. 5 
was published for comment in the Federal Register on May 23, 2016.\5\ 
No comments have been received on the proposed rule change in response 
to both the original publication

[[Page 37660]]

of the proposal in the Federal Register \6\ and, to date, in response 
to the subsequent publication of the proposal as modified by Amendment 
No. 5.\7\
---------------------------------------------------------------------------

    \1\ 15 U.S.C.78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 77674 (April 21, 
2016), 81 FR 24919 (April 27, 2016).
    \4\ On May 13, 2016, the Exchange submitted and withdrew 
Amendment No. 2 to the proposed rule change. On May 13, 2016, the 
Exchange filed Amendment No. 3 to the proposed rule change, and on 
May 16, 2016 the Exchange withdrew Amendment No. 3 to the proposed 
rule change. On May 16, 2016 the Exchange submitted Amendment No. 4 
to the proposal, and on May 17, 2016, the Exchange withdrew 
Amendment No. 4 to the proposed rule change.
    \5\ See Securities Exchange Act Release No. 77850 (May 17, 
2016), 81 FR 32360 (May 23, 2016).
    \6\ See note 3 supra.
    \7\ See note 5 supra.
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \8\ 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 
45th day after publication of the notice for this proposed rule change 
is June 11, 2016. The Commission is extending this 45-day time period 
for Commission action on the proposed rule change.
---------------------------------------------------------------------------

    \8\ 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, as modified by 
Amendment No. 5.\9\ Accordingly, the Commission, pursuant to Section 
19(b)(2) of the Act,\10\ and for the reason noted above, designates 
July 26, 2016 as the date by which the Commission should either approve 
or disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-NYSE-2016-22).
---------------------------------------------------------------------------

    \9\ See note 4 supra, and accompanying text.
    \10\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
---------------------------------------------------------------------------

    \11\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-13716 Filed 6-9-16; 8:45 am]
 BILLING CODE 8011-01-P


