
[Federal Register Volume 81, Number 192 (Tuesday, October 4, 2016)]
[Notices]
[Page 68493]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-23908]


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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78968; File No. SR-NYSEMKT-2016-63]


Self-Regulatory Organizations; NYSE MKT LLC; Notice of 
Designation of Longer Period for Commission Action on a Proposed Rule 
Change Amending the Co-Location Services Offered by the Exchange To Add 
Certain Access and Connectivity Fees

September 28, 2016.
    On August 16, 2016, NYSE MKT LLC (the ``Exchange'' or ``NYSE MKT'') 
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 (1) 
to provide additional information regarding access to various trading 
and execution services; connectivity to market data feeds and testing 
and certification feeds; connectivity to third party systems; and 
connectivity to DTCC provided to Users using data center local area 
networks; and (2) to establish fees relating to a User's access to 
various trading and execution services; connectivity to market data 
feeds and testing and certification feeds; connectivity to DTCC; and 
other services. The proposed rule change was published for comment in 
the Federal Register on August 26, 2016.\3\ The Commission received no 
comments in response to the proposed rule change.\4\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 34-78629 (August 22, 
2016), 81 FR 58992.
    \4\ The Commission notes that it did receive one comment letter 
on a related filing, NYSE-2016-45, which is equally relevant to this 
filing.
    In response to the comment letter, the NYSE submitted a 
response.
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \5\ provides that, within 45 days of 
the publication of the 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 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. 
Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates November 24, 2016, as the date by which the 
Commission should approve, disapprove, or institute proceedings to 
determine whether to disapprove the proposed rule change (File No. SR-
NYSEMKT-2016-63).
---------------------------------------------------------------------------

    \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).
---------------------------------------------------------------------------

Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-23908 Filed 10-3-16; 8:45 am]
 BILLING CODE 8011-01-P


