[Federal Register Volume 80, Number 109 (Monday, June 8, 2015)]
[Notices]
[Page 32425]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-13868]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75093; File No. SR-NYSEArca-2015-25]


Self-Regulatory Organizations; NYSE Arca, 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 
iShares iBonds Dec 2021 AMT-Free Muni Bond ETF and iShares iBonds Dec 
2022 AMT-Free Muni Bond ETF Under NYSE Arca Equities Rule 5.2(j)(3)

June 2, 2015.
    On March 31, 2015, NYSE Arca, Inc. (the ``Exchange'' or ``NYSE 
Arca'') filed with the Securities and Exchange Commission (the 
``Commission''), pursuant to Section 19(b)(1) \1\ of the Securities 
Exchange Act of 1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ a 
proposed rule change to list and trade shares of the following series 
of the iShares Trust: iShares iBonds Dec 2021 AMT-Free Muni Bond ETF 
and iShares iBonds Dec 2022 AMT-Free Muni Bond ETF under NYSE Arca 
Equities Rule 5.2(j)(3), Commentary .02. On April 14, 2015, the 
Exchange filed Amendment No. 1 to the proposed rule change, which 
superseded the original filing. The proposed rule change, as modified 
by Amendment No. 1, was published for comment in the Federal Register 
on April 21, 2015.\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\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
    \4\ See Securities Exchange Act Release No. 74730 (April 15, 
2015), 80 FR 22234 (``Notice'').
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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 
Commission is extending this 45-day time period. 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.
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    \5\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates July 20, 2015, 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 Number 
SR-NYSEArca-2015-25).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-13868 Filed 6-5-15; 8:45 am]
BILLING CODE 8011-01-P