79 FR 89 pgs. 26473-26474 - Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Adopt a New Order Type Called the Mid-Point Discretionary Order
Type: NOTICEVolume: 79Number: 89Pages: 26473 - 26474
Pages: 26473, 26474Docket number: [Release No. 34-72086; File No. SR-EDGX-2014-05]
FR document: [FR Doc. 2014-10540 Filed 5-7-14; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-72086; File No. SR-EDGX-2014-05]
Self-Regulatory Organizations; EDGX Exchange, Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Adopt a New Order Type Called the Mid-Point Discretionary Order
May 2, 2014.
On March 7, 2014, EDGX Exchange, Inc. (the "Exchange" or "EDGX") filed with the Securities and Exchange Commission ("Commission"), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 ("Act")1and Rule 19b-4 thereunder,2a proposed rule change to amend its rules to add a new order type called the Mid-Point Discretionary Order and to reflect the priority of Mid-Point Discretionary Orders. The proposed rule change was published for comment in the Federal Register on March 25, 2014.3The Commission received no comment letters.
Footnotes:
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b-4.
3 See Securities Exchange Act Release No. 71747 (March 19, 2014), 79 FR 16401.
Section 19(b)(2) of the Act4provides 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 these proposed rule changes should be disapproved. The 45th day for this filing is May 9, 2014.
Footnotes:
4 15 U.S.C. 78s(b)(2).
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 and take action on the Exchange's proposed rule change.
[top] Accordingly, pursuant to Section 19(b)(2)(A)(ii)(I) of the Act5and for the reasons stated above, the Commission designates June 23, 2014, as the date by which the Commission should either approve or disapprove, or institute proceedings to determine whether to
Footnotes:
5 15 U.S.C. 78s(b)(2)(A)(ii)(I).
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.6
Footnotes:
6 17 CFR 200.30-3(a)(31).
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-10540 Filed 5-7-14; 8:45 am]
BILLING CODE 8011-01-P