[Federal Register Volume 84, Number 62 (Monday, April 1, 2019)]
[Notices]
[Page 12304]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-06178]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85417; File No. SR-NYSEArca-2019-02]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change Relating to the Listing and Trading of the Shares of the 
ProShares UltraPro 3x Natural Gas ETF and ProShares UltraPro 3x Short 
Natural Gas ETF Under NYSE Arca Rule 8.200-E

March 26, 2019.
    On January 28, 2019, NYSE Arca, 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 ProShares UltraPro 3x Natural Gas ETF and ProShares 
UltraPro 3x Short Natural Gas ETF under NYSE Arca Rule 8.200-E. The 
proposed rule change was published for comment in the Federal Register 
on February 15, 2019.\3\ 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. 85088 (February 11, 
2019), 84 FR 4573.
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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 disapproved. The 
45th day after publication of the notice for this proposed rule change 
is April 1, 2019. The Commission is extending this 45-day time period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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 the proposed rule change. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates May 
16, 2019 as the date by which the Commission shall either approve or 
disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-NYSEArca-2019-02).
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    \5\ Id.
    \6\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-06178 Filed 3-29-19; 8:45 am]
BILLING CODE 8011-01-P