[Federal Register Volume 83, Number 146 (Monday, July 30, 2018)]
[Notices]
[Page 36641]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-16163]



[[Page 36641]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83694; File No. SR-NYSEArca-2018-38]


Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change Relating to the Continued Listing Criteria Applicable to the 
Indexes Underlying the iShares California AMT Free Muni Bond ETF and 
iShares New York AMT-Free Muni Bond ETF

July 24, 2018.
    On May 21, 2018, NYSE Arca, Inc. (``NYSE Arca'') 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 relating to the 
index methodology applicable to the indexes underlying shares of the 
following series of Investment Company Units that are currently listed 
and traded on NYSE Arca under NYSE Arca Rule 5.2-E(j)(3): iShares 
California AMT-Free Muni Bond ETF and iShares New York AMT-Free Muni 
Bond ETF. The proposed rule change was published for comment in the 
Federal Register on June 11, 2018.\3\ The Commission has received no 
comments 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. 83381 (June 5, 
2018), 83 FR 27042.
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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 
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 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. 
Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates September 9, 2018, 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-2018-38).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-16163 Filed 7-27-18; 8:45 am]
 BILLING CODE 8011-01-P