[Federal Register Volume 82, Number 177 (Thursday, September 14, 2017)]
[Notices]
[Pages 43278-43279]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-19479]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81558; File No. SR-BatsBZX-2017-46]


Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change, as Modified by Amendment No. 1, To List and Trade Shares of the 
Aptus Fortified Value ETF, a Series of ETF Series Solutions, Under 
Exchange Rule 14.11(c)

September 8, 2017.
    On July 10, 2017, Bats BZX Exchange, Inc. (``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 
shares of the Aptus Fortified Value ETF, a series of ETF Series 
Solutions, under Exchange Rule 14.11(c), which governs the listing and 
trading of Index Fund Shares. The proposed rule change was published 
for comment in the Federal Register on July 28, 2017.\3\ On August 31, 
2017, the Exchange filed Amendment No. 1 to the proposed rule 
change.\4\ The Commission has received no comment letters on 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. 81191 (July 24, 
2017), 82 FR 35256.
    \4\ Amendment No. 1 is available at: https://www.sec.gov/comments/sr-batsbzx-2017-46/batsbzx201746-2272678-160970.pdf.
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    Section 19(b)(2) of the Act \5\ 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 September 11,

[[Page 43279]]

2017. The Commission is extending this 45-day time period.
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    \5\ 15 U.S.C. 78s(b)(2).
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    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, as 
modified by Amendment No. 1. Accordingly, the Commission, pursuant to 
Section 19(b)(2) of the Act,\6\ designates October 26, 2017, as the 
date by which the Commission shall either approve or disapprove or 
institute proceedings to determine whether to disapprove the proposed 
rule change, as modified by Amendment No. 1 (File Number SR-BatsBZX-
2017-46).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
Eduardo A. Aleman,
Assistant Secretary.
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    \7\ 17 CFR 200.30-3(a)(31).
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[FR Doc. 2017-19479 Filed 9-13-17; 8:45 am]
 BILLING CODE 8011-01-P