[Federal Register Volume 79, Number 160 (Tuesday, August 19, 2014)]
[Notices]
[Page 49140]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-19580]


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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-72835; File No. SR-MIAX-2014-30]


Self-Regulatory Organizations; Miami International Securities 
Exchange LLC; Notice of Designation of a Longer Period for Commission 
Action on a Proposed Rule Change To List and Trade Options on Shares of 
the iShare ETFs

August 13, 2014.
    On June 17, 2014, Miami International Securities Exchange LLC 
(``MIAX'' or ``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 list and trade on the Exchange 
options on shares of the iShares MSCI Brazil Capped ETF, iShares MSCI 
Chile Capped ETF, iShares MSCI Peru Capped ETF, and iShares MSCI Spain 
Capped ETF (collectively ``iShare ETFs''). The proposed rule change was 
published for comment in the Federal Register on July 3, 2014.\3\ No 
comments were received 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. 72492 (June 27, 
2014), 79 FR 38099.
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \4\ 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 for this filing is August 17, 2014. The Commission is 
extending this 45-day time period.
---------------------------------------------------------------------------

    \4\ 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. The proposed 
rule change, if approved, would allow the Exchange to list for trading 
options on shares of the iShare ETFs for which the Exchange has not 
entered into comprehensive surveillance sharing agreements with the 
underlying foreign markets.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates October 1, 2014, 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-
MIAX-2014-30).
---------------------------------------------------------------------------

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

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
---------------------------------------------------------------------------

    \6\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-19580 Filed 8-18-14; 8:45 am]
BILLING CODE 8011-01-P