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's notices of exchange rule changes and proposals from January 18 to January 22.

Clearance & Settlement:

• PHLX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Make Nonsubstantive, Clarifying Amendments to Several Rules Relating to the Clearing of Exchange Options Transactions (Release No. 34-76929; File No. SR-Phlx-2016-03; January 19, 2016); see also Exhibit 5

Fees, Fines, Rebates & Claims:

• ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Schedule of Fees (Release No. 34-76957; File No. SR-ISE-2016-03; January 21, 2016); see also Exhibit 5
• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Options Regulatory Fee (Release No. 34-76950; File No. SR-NASDAQ-2016-003; January 21, 2016); see also Exhibit 5
• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Subsection (a)(7) of Rule 7003, Registration and Processing Fees (Release No. 34-76946; File No. SR-NASDAQ-2016-006; January 21, 2016); see also Exhibit 5
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Subsection (a)(7) of Rule 7003, Registration and Processing Fees (Release No. 34-76947; File No. SR-BX-2016-004; January 21, 2016); see also Exhibit 5
• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Regarding SQF Port Fees (Release No. 34-76952; File No. SR-BX-2016-003; January 21, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Fees for NYSE Arca BBO and NYSE Arca Trades (Release No. 34-76937; File No. SR-NYSEArca-2016-09; January 20, 2016); see also Exhibit 5
• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Exchanges Schedule of Fees and Charges to Define the Term "Exchange Traded Products" and to Provide for the Proration of Annual Fees Applicable to Exchange Traded Products That Have Liquidated (Release No. 34-76969; File No. SR-NYSEArca-2016-13; January 22, 2016)
• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Modifying the NYSE Amex Options Fee Schedule (Release No. 34-76935; File No. SR-NYSEMKT-2016-09; January 20, 2016); see also Exhibit 5

Products:

• BATS: Notice of Filing of a Proposed Rule Change to Rule 14.11(i), Managed Fund Shares, to List and Trade Shares of the iShares iBonds Dec 2023 AMT-Free Muni Bond ETF, iShares iBonds Dec 2024 AMT-Free Muni Bond ETF, iShares iBonds Dec 2025 AMT-Free Muni Bond ETF, and iShares iBonds Dec 2026 AMT-Free Muni Bond ETF of the iShares U.S. ETF Trust (Release No. 34-76954; File No. SR-BATS-2016-02; January 21, 2016)
• NASDAQ: Notice of Filing of Proposed Rule Change to List and Trade Shares of the First Trust Municipal High Income ETF of First Trust Exchange-Traded Fund III (Release No. 34-76944; File No. SR-NASDAQ-2016-002; January 21, 2016)
• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 1, Relating to Listing and Trading of Shares of the Cumberland Municipal Bond ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-76955; File No. SR-NYSEArca-2015-93; January 21, 2016)

Market Data:

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Establishing the NYSE Arca Order Imbalances Proprietary Market Data Product (Release No. 34-76968; File No. SR-NYSEArca-2016-10; January 22, 2016)

Trading & Trade Reporting:

• BATS: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Adopt Rule 11.27 to Implement the Quoting and Trading Requirements of the Tick Size Pilot Program (Release No. 34-76945; File No. SR-BATS-2015-108; January 21, 2016)
• C2: Notice of Filing of Amendment No. 2 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment Nos. 1 and 2 Thereto, Relating to Price Protection Mechanisms For Quotes and Order (Release No. 34-76959; File No. SR-C2-2015-033; January 21, 2016)
• CBOE: Notice of Filing of Amendment No. 2 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment Nos. 1 and 2 Thereto, Relating to Price Protection Mechanisms For Quotes and Order (Release No. 34-76960; File No. SR-CBOE-2015-107; January 21, 2016)
• FINRA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to Alternative Trading System Volume and Trading Information (Release No. 34-76931; File No. SR-FINRA-2016-002; January 19, 2016); see also Exhibit 5
• ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Back-Up Primary Market Makers (Release No. 34-76936; File No. SR-ISE-2016-02; January 20, 2016); see also Exhibit 5
• NASDAQ: Notice of Filing of Proposed Rule Change to Adopt a Limit Order Protection and a Market Order Protection (Release No. 34-76956; File No. SR-NASDAQ-2016-005; January 21, 2016); see also Exhibit 5
• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend a Quote Spread Parameter Provision (Release No. 34-76966; File No. SR-Phlx-2016-06; January 22, 2016)