[Federal Register Volume 81, Number 228 (Monday, November 28, 2016)]
[Notices]
[Pages 85655-85656]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-28456]


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SECURITIES AND EXCHANGE COMMISSION

[Securities Exchange Act of 1934; Release No. 79370/November 21, 2016]


In the Matter of the New York Stock Exchange LLC for an Order 
Granting the Approval of Proposed Rule Change Adopting Maximum Fees 
Member Organizations May Charge in Connection With the Distribution of 
Investment Company Shareholder Reports Pursuant to Any Electronic 
Delivery Rules Adopted by the Securities and Exchange Commission; Order 
Scheduling Filing of Statements on Review

    On August 15, 2016, the New York Stock Exchange LLC (``NYSE'') 
filed with the Securities and Exchange Commission (``Commission''), 
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 \1\ 
and Rule 19b-4 thereunder,\2\ a proposed rule change to adopt maximum 
fees NYSE member organizations may charge in connection with the 
distribution of investment company shareholder reports pursuant to any 
``notice and access'' electronic delivery rules adopted by the 
Commission.\3\ On October 5, 2016, the Commission extended the time 
period for Commission action on the proposal to November 20, 2016.\4\ 
On November 18, 2016, the Division of Trading and Markets took action, 
pursuant to delegated authority, 17 CFR 200.30-3(a)(12), approving the 
proposed rule change.\5\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Notice of Filing of Proposed Rule Change Adopting Maximum 
Fees Member Organizations may Charge in Connection with the 
Distribution of Investment Company Shareholder Reports Pursuant to 
Any Electronic Delivery Rules Adopted by the Securities and Exchange 
Commission, Securities Exchange Act of 1934, Release No. 78589 
(August 16, 2016), 81 FR 56717 (August 22, 2016) (SR-NYSE-2016-55).
    \4\ Notice of Designation of a Longer Period for Commission 
Action on Proposed Rule Change Adopting Maximum Fees Member 
Organizations May Charge in Connection with the Distribution of 
Investment Company Shareholder Reports Pursuant to Any Electronic 
Delivery Rules Adopted by the Securities and Exchange Commission, 
Securities Exchange Act of 1934, Release No. 79051 (October 5, 
2016), 81 FR 70449 (October 12, 2016).
    \5\ Order Granting Approval of Proposed Rule Change Adopting 
Maximum Fees Member Organizations May Charge in Connection with the 
Distribution of Investment Company Shareholder Reports Pursuant to 
Any Electronic Delivery Rules Adopted by the Securities and Exchange 
Commission, Securities Exchange Act of 1934, Release No. 79355 
(November 18, 2016).
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    Pursuant to Commission Rule of Practice 431,\6\ the Commission is

[[Page 85656]]

reviewing the delegated action and the November 18, 2016 order is 
stayed.
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    \6\ 17 CFR 201.431.
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    Accordingly, it is ordered, pursuant to Rule of Practice 431, that 
by December 7, 2016, any party or other person may file any additional 
statement.
    It is further ordered that the November 18, 2016 order approving 
the proposed rule change (SR-NYSE-2016-55) shall remain stayed pending 
further order of the Commission.

    By the Commission.
Brent J. Fields,
Secretary.
[FR Doc. 2016-28456 Filed 11-25-16; 8:45 am]
 BILLING CODE 8011-01-P