[Federal Register Volume 80, Number 124 (Monday, June 29, 2015)]
[Notices]
[Page 37033]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15826]



[[Page 37033]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75273; File No. SR-NYSEARCA-2015-38]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of Longer Period for Commission Action on Proposed Rule 
Change Adopting New Equity Trading Rules Relating to Trading Sessions, 
Order Ranking and Display, and Order Execution To Reflect the 
Implementation of Pillar, the Exchange's New Trading Technology 
Platform

June 23, 2015.
    On April 30, 2015, NYSE Arca, Inc. (``Arca'') 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 new 
equity trading rules relating to Trading Sessions, Order Ranking and 
Display, and Order Execution to reflect the implementation of Pillar, 
the Exchange's new trading technology platform. The proposed rule 
change was published for comment in the Federal Register on May 19, 
2015.\3\ The Commission received no comment letters regarding the 
proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 74951 (May 13, 
2015), 80 FR 28721.
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    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 approved or 
disapproved. The 45th day for this filing is July 3, 2015.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. 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, pursuant to Section 19(b)(2) of the Act \5\ and for 
the reasons stated above, the Commission designates August 17, 2015, as 
the date by which the Commission should either approve or disapprove, 
or institute proceedings to determine whether to approve or disapprove, 
the proposed rule change.
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-15826 Filed 6-26-15; 8:45 am]
 BILLING CODE 8011-01-P