Weekly Roundup of Exchange Rules by Category

Click on the links below to view SEC notices of exchange rule changes and proposals for the week of July 24 to July 28, 2017.

Clearance and Settlement

• DTC, FICC, NSCC: Notice of Filing Amendment No. 1 and Order Instituting Proceedings to Determine Whether to Approve or Disapprove Proposed Rule Changes to Adopt the Clearing Agency Stress Testing Framework (Market Risk) (Release No. 34-81192; File Nos. SR-DTC-2017-005, SR-FICC-2017-009, SR-NSCC-2017-006; July 24, 2017)

• DTC, FICC, NSCC: Notice of Filing Amendment No. 2, Notice of Filing Amendment No. 3, and Order Instituting Proceedings to Determine Whether to Approve or Disapprove Proposed Rule Changes, as Previously Modified by Amendment No. 1, to Adopt the Clearing Agency Liquidity Risk Management Framework (Release No. 34-81194; File Nos. SR-DTC-2017-004, SR-NSCC-2017-005, SR-FICC-2017-008; July 24, 2017)

• FICC: Notice of Withdrawal of a Proposed Rule Change to Amend the Mortgage-Backed Securities Division Rules concerning Use of Clearing Fund for Losses, Liabilities or Temporary Needs for Funds Incident to the Clearance and Settlement Business and Make Other Related Changes (Release No. 34-81211; File No. SR-FICC-2017-010; July 26, 2017)

• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change in Connection with the September 5, 2017 Compliance Date for the Shortening of the Standard Settlement Cycle from Three Business Days after the Trade Date to Two Business Days after the Trade Date (Release No. 34-81231; File No. SR-NYSE-2017-38; July 27, 2017); see also Exhibit 5A

• NYSE AMER: Notice of Filing and Immediate Effectiveness of Proposed Rule Change in Connection with the September 5, 2017 Compliance Date for the Shortening of the Standard Settlement Cycle from Three Business Days after the Trade Date to Two Business Days after the Trade Date (Release No. 34-81232; File No. SR-NYSEAMER-2017-01; July 27, 2017); see also Exhibit 5A

Corporate Governance

• NYSE Arca: Order Approving a Proposed Rule Change to Amend NYSE Arca Equities Rule 13.2, Liability of Corporation (Release No. 34-81197; File No. SR-NYSEArca-2017-46; July 24, 2017)

Fees, Fines, Rebates, and Claims

• Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees for Use on Bats BZX Exchange, Inc. (Release No. 34-81206; File No. SR-BatsBZX-2017-44; July 25, 2017); see also Exhibit 5

• ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Exchange's Schedule of Fees (Release No. 34-81213; File No. SR-ISE-2017-73; July 26, 2017); see also Exhibit 5

• NMS: Notice of Filing and Immediate Effectiveness of the Twenty-Eight Substantive Amendment to the Second Restatement of the CTA Plan and the Twentieth Amendment to the Restated CQ Plan (Release No. 34-81199; File No. SR-CTA/CQ-2017-03; July 25, 2017)

• NSCC: Notice of Filing of a Proposed Rule Change to Expand the Application of the Family-Issued Securities Charge (Release No. 34-81203; File No. SR-NSCC-2017-010; July 25, 2017); see also Exhibit 5

• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Change to Adopt Transaction Fees in Connection with the Exchange's Transition to a Fully-Automated Cash Equities Market (Release No. 34-81228; File No. SR-NYSEMKT-2017-43: July 27, 2017); see also Exhibit 5

Market Data

• NMS: Notice of Filing and Immediate Effectiveness of the Thirty-Ninth Amendment to the Joint Self-Regulatory Organization Plan Governing the Collection, Consolidation and Dissemination of Quotation and Transaction Information for Nasdaq-Listed Securities Traded on Exchanges on an Unlisted Trading Privileges Basis (Release No. 34-81198; File No. S7-24-89; July 25, 2017)

Miscellaneous

• FINRA: Notice of Filing of a Proposed Rule Change Relating to the Definition of Non-Public Arbitrator (Release No. 34-81196; File No. SR-FINRA-2017-025; July 24, 2017)

• MRX: Order Approving Proposed Rule Change to Amend Various Rules in Connection with a System Migration to Nasdaq INET Technology (Release No. 34-81204; File No. SR-MRX-2017-02; July 25, 2017)

• Phlx: Notice of Filing of Proposed Rule Change to Add Functionality to the Options Floor Broker Management System (Release No. 34-81230; File No. SR-Phlx-2017-34; July 27, 2017); see also Exhibit 5

• MSRB: Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, Consisting of Proposed Amendments to MSRB Rule G-26, on Customer Account Transfers, to Modernize the Rule and Promote a Uniform Customer Account Transfer Standard (Release No. 34-81233; File No. SR-MSRB-2017-03)

Products and Listings

• Bats BZX: Notice of Filing of a Proposed Rule Change to Rule 14.11(c), Index Fund Shares, to List and Trade Shares of the Aptus Fortified Value ETF, a Series of ETF Series Solutions (Release No. 34-81191; File No. SR-BatsBZX-2017-46; July 24, 2017)

• NYSE: Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment No. 1, to Amend Its Listing Standards for Closed-End Funds (Release No. 34-81226; File No. SR-NYSE-2017-08; July 27, 2017)

• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, to List and Trade Shares of Direxion Daily Crude Oil Bull 3x Shares and Direxion Daily Crude Oil Bear 3x Shares under NYSE Arca Equities Rule 8.200 (Release No. 34-81224; File No. SR-NYSEArca-2017-05; July 27, 2017)

• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 2, Relating to the Listing and Trading of Shares of the Bitcoin Investment Trust under NYSE Arca Equities Rule 8.201 (Release No. 34-81201; File No. SR-NYSEArca-2017-06; July 25, 2017)

Trading and Trade Reporting

• IEX: Notice of Filing of Amendment No. 3 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment No. 3, to Modify the Manner in Which the Exchange Opens Trading for Non-IEX-Listed Securities (Release No. 34-81195; File No. SR-IEX-2017-11; July 24, 2017)

• ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Extend the Implementation Date in Rule 723(b) (Release No. 34-81212; File No. SR-ISE-2017-75; July 26, 2017); see also Exhibit 5

• MIAX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend MIAX Options Rules 404, 506, 806, and 1701 (Release No. 34-81193; File No. SR-MIAX-2017-35; July 24, 2017); see also Exhibit 5

• MIAX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend MIAX Options Rule 515A, MIAX Price Improvement Mechanism ("PRIME") and PRIME Solicitation Mechanism, Rule 518, Complex Orders, and Rule 519A, Risk Protection Monitor (Release No. 34-81229; File No. SR-MIAX-2017-34; July 27, 2017); see also Exhibit 5

• MRX: Order Approving Proposed Rule Change, as Modified by Amendment No. 2, to Amend the Exchange Opening Process (Release No. 34-81205; File No. SR-MRX-2017-01; July 25, 2017)

• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Options Market Rules at Chapter IV, Section 6 (Release No. 34-81245; File No. SR-NASDAQ-2017-073; July 28, 2017)

• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change for Trading UTP Securities on Pillar, the Exchange's New Trading Technology Platform (Release No. 34-81225; File No. SR-NYSE-2017-35; July 27, 2017); see also Exhibit 5