[Federal Register Volume 75, Number 168 (Tuesday, August 31, 2010)]
[Notices]
[Page 53366]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-21630]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-62763; File Nos. SR-BATS-2010-018; SR-BX-2010-044; SR-
CBOE-2010-065; SR-CHX-2010-14; SR-EDGA-2010-05; SR-EDGX-2010-05; SR-
FINRA-2010-033; SR-ISE-2010-66; SR-NYSE-2010-49; SR-NYSEAmex-2010-63;
SR-NYSEArca-2010-61; SR-NASDAQ-2010-079; SR-NSX-2010-08]
Self-Regulatory Organizations; BATS Exchange, Inc.; Chicago Board
Options Exchange, Incorporated; Chicago Stock Exchange, Inc.; EDGA
Exchange, Inc.; EDGX Exchange, Inc.; Financial Industry Regulatory
Authority, Inc.; International Securities Exchange LLC; NASDAQ OMX BX,
Inc.; The NASDAQ Stock Market LLC; National Stock Exchange, Inc.; New
York Stock Exchange LLC; NYSE Amex LLC; NYSE Arca, Inc.; Notice of
Designation of Longer Period for Commission Action on Proposed Rule
Changes Relating to Trading Pauses Due to Extraordinary Market
Volatility
August 24, 2010.
On June 30, 2010, each of BATS Exchange, Inc., Chicago Board
Options Exchange, Incorporated, Chicago Stock Exchange, Inc., EDGA
Exchange, Inc., EDGX Exchange, Inc., Financial Industry Regulatory
Authority, Inc., International Securities Exchange, LLC, The NASDAQ
Stock Market LLC, NASDAQ OMX BX, Inc., National Stock Exchange, Inc.,
New York Stock Exchange LLC, NYSE Amex LLC, and NYSE Arca, Inc. filed
with the Securities and Exchange Commission (``Commission''), pursuant
to Section 19(b)(1) \1\ of the Securities Exchange Act of 1934
(``Act''),\2\ and Rule 19b-4 thereunder,\3\ proposed rule changes to
amend certain of their respective rules to add securities to the
single-stock circuit breaker pilot program.\4\
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 15 U.S.C. 78a.
\3\ 17 CFR 240.19b-4.
\4\ The single-stock circuit breaker pilot program was initially
approved on June 10, 2010. See Securities Exchange Act Release Nos.
62251 (June 10, 2010), 75 FR 34183 (June 16, 2010); 62252 (June 10,
2010), 75 FR 34186 (June 16, 2010).
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \5\ provides that, within thirty-five
days of the publication of notice of the filing of a proposed rule
change, or within such longer period as the Commission may designate up
to ninety days of such date if it finds such longer period to be
appropriate and publishes its reasons for so finding, the Commission
shall either approve the proposed rule change or institute proceedings
to determine whether the proposed rule change should be disapproved.
The Commission extended this time period from August 11, 2010 to August
25, 2010.\6\ The Commission is again extending this time period.
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78s(b)(2).
\6\ See Securities Exchange Act Release No. 62688A (August 11,
2010), 75 FR 51138 (August 18, 2010).
---------------------------------------------------------------------------
The Commission finds it appropriate to designate a longer period
within which to take action on the proposed rule changes so that it has
sufficient time to consider these proposed rule changes, which relate
to the addition of securities to the single-stock circuit breaker pilot
program, and issues raised in the comment letters that have been
submitted in connection with these filings.
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\7\ designates September 10, 2010, as the date by which the
Commission should either approve or institute proceedings to determine
whether to disapprove the proposed rule changes.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(2).
By the Commission.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-21630 Filed 8-30-10; 8:45 am]
BILLING CODE 8010-01-P