Weekly Roundup of Exchange Rules by Category

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links below to view the SEC Notices of exchange rule changes and proposals for the week of July 11 – July 15.

Clearance & Settlement:

• OCC: Order Approving Proposed Rule Change Related to The Options Clearing Corporation's Membership Approval Process (Release No. 34-78277; File No. SR-OCC-2016-007; July 11, 2016)

Corporate Governance:

• FINRA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Update Rule Cross-References and Make Non-Substantive Technical Changes to Certain FINRA Rules (Release No. 34-78327; File No. SR-FINRA-2016-026; July 14, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending NYSE Arca Rule 3.3 to Delete an Outdated Reference (Release No. 34-78280; File No. SR-NYSEArca-2016-91; July 11, 2016); see also Exhibit 5

Fees, Fines, Rebates & Claims:

• Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use of Bats BZX Exchange, Inc. (Release No. 34-78306; File No. SR-BatsBZX-2016-33; July 12, 2016); see also Exhibit 5
• Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use of Bats BZX Exchange, Inc. (Release No. 34-78305; File No. SR-BatsBZX-2016-36; July 12, 2016); see also Exhibit 5
• Bats EDGX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees as they Apply to the Equity Options Platform (Release No. 34-78304; File No. SR-BatsEDGX-2016-27; July 12, 2016); see also Exhibit 5
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Fees Schedule (Release No. 34-78276; File No. SR-CBOE-2016-041; July 11, 2016); see also Exhibit 3, Exhibit 5
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Fees under Rule 7018 (Release No. 34-78278; File No. SR-BX-2016-041; July 11, 2016); see also Exhibit 5
• NYSE: Order Approving Proposed Rule Change Removing from Its Rules Certain Internal Procedures Regarding the Use of Fine Income (Release No. 34-78326; File No. SR-NYSE-2016-37; July 14, 2016)

Market Data:

• Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to BYX Rule 11.26(a), Stating it will Utilize IEX Market Data from the CQS/UQDF for Purposes of Order Handling, Routing, and Related Compliance Processes (Release No. 34-78302; File No. SR-BatsBYX-2016-18; July 12, 2016); see also Exhibit 5
• Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to BZX Rule 11.26(a), Stating it will Utilize IEX Market Data from the CQS/UQDF for Purposes of Order Handling, Routing, and Related Compliance Processes (Release No. 34-78303; File No. SR-BatsBZX-2016-37; July 12, 2016); see also Exhibit 5
• MSRB: Notice of Filing of a Proposed Rule Change to Establish the MSRB Academic Historical Transaction Data Product (Release No. 34-78323; File No. SR-MSRB-2016-09; July 14, 2016)

Products:

• Bats BZX: Order Granting Approval of Proposed Rule Change, as Modified by Amendment No. 8 Thereto, to List and Trade under BZX Rule 14.11(c)(4) Shares of the Following Series of VanEck Vectors ETF Trust: VanEck Vectors AMT-Free 6-8 Year Municipal Index ETF; VanEck Vectors AMT-Free 8-12 Year Municipal Index ETF; and VanEck Vectors AMT-Free 12-17 Year Municipal Index ETF (Release No. 34-78329; File No. SR-BatsBZX-2016-01; July 14, 2016)
• NASDAQ: Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to List and Trade Shares of the First Trust CEF Income Opportunity ETF and the First Trust Municipal CEF Income Opportunity ETF (Release No. 34-78290; File No. SR-NASDAQ-2016-071; July 12, 2016)
• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change Relating to the Listing and Trading of Shares of BlackRock Government Collateral Pledge Unit Under NYSE Arca Equities Rule 8.600 (Release No. 34-78328; File No. SR-NYSEArca-2016-63; July 14, 2016)

Trading & Trade Reporting:

• Bats BYX: Notice of Filing of a Proposed Rule Change to Amend Exchange Rule 11.27 to Describe Changes to System Functionality Necessary to Implement the Regulation NMS Plan to Implement a Tick Size Pilot Program (Release No. 34-78333; File No. SR-BatsBYX-2016-17; July 14, 2016)
• Bats BZX: Notice of Filing of a Proposed Rule Change to Adopt Paragraph (c) to Exchange Rule 11.27 to Describe Changes to System Functionality Necessary to Implement the Regulation NMS Plan to Implement a Tick Size Pilot Program (Release No. 34-78334; File No. SR-BatsBZX-2016-29; July 14, 2016)
• Bats EDGA: Notice of Filing of a Proposed Rule Change to Adopt Paragraph (c) to Exchange Rule 11.21 to Describe Changes to System Functionality Necessary to Implement the Regulation NMS Plan to Implement a Tick Size Pilot Program (Release No. 34-78330; File No. SR-BatsEDGA-2016-15; July 14, 2016); see also Exhibit 5
• Bats EDGX: Notice of Filing of a Proposed Rule Change to Adopt Paragraph (c) to Exchange Rule 11.21 to Describe Changes to System Functionality Necessary to Implement the Regulation NMS Plan to Implement a Tick Size Pilot Program (Release No. 34-78331; File No. SR-BatsEDGX-2016-26; July 14, 2016); see also Exhibit 5
• BOX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Introduce New Risk Protections on the Exchange and Provide Enhancements to Current Risk Protections (Release No. 34-78312; File No. SR-BOX-2016-30; July 13, 2016); see also Exhibit 5
• C2: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to the Automated Improvement Mechanism (Release No. 34-78315; File No. SR-C2-2016-012; July 13, 2016)
• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to the Automated Improvement Mechanism (Release No. 34-78316; File No. SR-CBOE-2016-056; July 13, 2016)
• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Automated Removal of Orders and Quotes (Release No. 34-78285; File No. SR-NASDAQ-2016-087; July 11, 2016); see also Exhibit 5
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to the Automated Removal of Quotes (Release No. 34-78286; File No. SR-BX-2016-032; July 11, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Rule 6.64 with Respect to Opening Trading in an Options Series (Release No. 34-78284; File No. SR-NYSEArca-2016-49; July 11, 2016)
• NYSE MKT: Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Rule 952NY with Respect to Opening Trading in an Options Series (Release No. 34-78283; File No. SR-NYSEMKT-2016-42; July 11, 2016)
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Extending the Pilot Period Applicable to the Customer Best Execution Auction Per Rule 971.1NY (Release No. 34-78324; File No. SR-NYSEMKT-2016-69; July 14, 2016); see also Exhibit 5
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Extend Pilot Program Through January 18, 2017 (Release No. 34-78301; File No. SR-Phlx-2016-75; July 12, 2016)
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Adopt Rules to Implement the Quoting and Trading Provisions of the Plan to Implement a Tick Size Pilot Program (Release No. 34-78317; File No. SR-Phlx-2016-73; July 13, 2016); see also Exhibit 5