Weekly Roundup of Exchange Rules by Category

New SRO rules and rule proposals were announced by the SEC. Click on the links to view the SEC notices of exchange rule changes and proposals for the week of May 23 – May 27.

Clearance & Settlement:

• ISE: Notice of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Amend Rule 804(g) (Release No. 34-77928; File No. SR-ISE-2015-30; May 26, 2016)

• ICE EU: Notice of Filing of Amendment No. 1 and Order Approving Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating to Additions to Permitted Cover (Release No. 34-77943; File No. SR-ICEEU-2016-004; May 27, 2016)

• ISE Gemini: Notice of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Amend Rule 804(g) (Release No. 34-77927; File No. SR-ISEGemini-2015-17; May 26, 2016)

• NYSE Arca: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Rule 6.67(c) by Revising the Clearing Member Requirements for Entering an Order into the Electronic Order Capture System (Release No. 34-77909; File No. SR-NYSEArca-2016-15; May 25, 2016)

• NYSE MKT: Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Rule 955NY(c) by Revising the Clearing Member Requirements for Entering an Order into the Electronic Order Capture System (Release No. 34-77910; File No. SR-NYSEMKT-2016-13; May 25, 2016)

• OCC: Notice of Filing of Proposed Rule Change Related to The Options Clearing Corporations Membership Approval Process (Release No. 34-77938; File No. SR-OCC-2016-007; May 27, 2016)

Corporate Governance:

• NYSE: Notice of Filing of Proposed Rule Change Removing from Its Rules Certain Internal Procedures Regarding the Use of Fine Income (Release No. 34-77899; File No. SR-NYSE-2016-37; May 24, 2016)

• NYSE Arca: Order Approving Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Amending Section 4.01(a) of the NYSE Arca's Bylaws and NYSE Arca Rule 3.3 to Establish a Committee for Review as a Sub-Committee of the ROC and Making Conforming Changes to NYSE Arca Rules (Release No. 34-77898; File No. SR-NYSEArca-2016-11; May 24, 2016)

• NYSE MKT: Order Approving a Proposed Rule Change, as Modified by Amendment No.1 Thereto, to Amend the Eighth Amended and Restated Operating Agreement of the Exchange (Release No. 34-77901; File No. SR-NYSEMKT-2016-26; May 25, 2016)

• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Rules 900.1, 910, and 921 (Release No. 34-77916; File No. SR-Phlx-2016-38; May 25, 2016); see also Exhibit 3, Exhibit 5

Fees, Fines, Rebates & Claims:

• Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Change to the Market Data Section of its Fee Schedule (Release No. 34-77886; File No. SR-BatsBYX-2016-08; May 23, 2016); see also Exhibit 5

• Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees (Release No. 34-77918; File No. SR-BatsBYX-2016-10; May 25, 2016); see also Exhibit 5

• Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Fees as they Apply to the Equity Options Platform (Release No. 34-77884; File No. SR-BatsBZX-2016-17; May 23, 2016); see also Exhibit 5

• Bats EDGA: Notice of Filing and Immediate Effectiveness of a Proposed Change to the Market Data Section of its Fee Schedule (Release No. 34-77889; File No. SR-BatsEDGA-2016-09; May 24, 2016); see also Exhibit 5

• Bats EDGX: Notice of Filing and Immediate Effectiveness of a Proposed Change to the Market Data Section of its Fee Schedule (Release No. 34-77888; File No. SR-BatsEDGX-2016-18; May 24, 2016); see also Exhibit 5

• BOX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to amend BOX Rule 12140 (Imposition of Fines for Minor Rule Violations) to amend the sanctions for Quotation Parameters and permit the aggregation of violations for the purpose of determining what is an occurrence (Release No. 34-77877; File No. SR-BOX-2016-22; May 20, 2016); see also Exhibit 5

• CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule to Amend the Fees Schedule (Release No. 34-77926; File No. SR-CBOE-2016-045; May 26, 2016); see also Exhibit 5

• ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Schedule of Fees (Release No. 34-77907; File No. SR-ISE-2016-14; May 25, 2016); see also Exhibit 5

• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Options Pricing at Chapter XV, Section 2 (Release No. 34-77892; File No. SR-BX-2016-027; May 24, 2016); see also Exhibit 5

• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending its Price List (Release No. 34-77929; File No. SR-NYSE-2016-36; May 26, 2016); see also Exhibit 5

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the NYSE Arca Options Fee Schedule (Release No. 34-77885; File No. SR-NYSEArca-2016-75; May 23, 2016); see also Exhibit 5

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending the Exchange's Schedule of Fees and Charges to Eliminate the Listing Fee in Connection with Exchange Listing of Certain Exchange Traded Products (Release No. 34-77883; File No. SR-NYSEArca-2016-69; May 23, 2016); see also Exhibit 5

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the NYSE Arca Equities Schedule of Fees Effective June 1, 2016 (Release No. 34-77925; File No. SR-NYSEArca-2016-78; May 26, 2016); see also Exhibit 5

• Phlx: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Related to PIXL Pricing (Release No. 34-77908; File No. SR-Phlx-2016-59; May 25, 2016); see also Exhibit 5

NMS Plans:

• NMS: Notice of Filing and Immediate Effectiveness of Amendment No. 3 to the National Market System Plan Governing the Process of Selecting a Plan Processor and Developing a Plan for the Consolidated Audit Trail by BATS Exchange, Inc., BATS-Y Exchange, Inc., BOX Options Exchange LLC, C2 Options Exchange, Incorporated, Chicago Board Options Exchange, Incorporated, Chicago Stock Exchange, Inc., EDGA Exchange, Inc., EDGX Exchange, Inc., Financial Industry Regulatory Authority, Inc., International Securities Exchange, LLC, ISE Gemini, LLC, Miami International Securities Exchange LLC, NASDAQ OMX BX, Inc., NASDAQ OMX PHLX LLC, The NASDAQ Stock Market LLC, National Stock Exchange, Inc., New York Stock Exchange LLC, NYSE MKT LLC, and NYSE Arca, Inc. (Release No. 34-77917; File No. 4-668; May 25, 2016); see also Exhibit B

Products:

• NASDAQ: Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating to the Listing and Trading of the Shares of the First Trust CEF Income Opportunity ETF and the First Trust Municipal CEF Income Opportunity ETF of First Trust Exchange-Traded Fund VIII (Release No. 34-77895; File No. SR-NASDAQ-2016-071; May 24, 2016)

• NASDAQ: Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating to the Listing and Trading of the Shares of the Amplify Dow Theory Forecasts Buy List ETF of Amplify ETF Trust (Release No. 34-77890; File No. SR-NASDAQ-2016-072; May 24, 2016)

• NYSE Arca: Notice of Filing of Proposed Rule Change Regarding Use of Rule 144A Securities By the Fidelity Corporate Bond ETF, Fidelity Investment Grade Bond ETF, Fidelity Limited Term Bond ETF, and Fidelity Total Bond ETF (Release No. 34-77891; File No. SR-NYSEArca-2016-70; May 24, 2016)

• NYSE Arca: Order Approving a Proposed Rule Change, as Modified by Amendment No. 2, to List and Trade Shares of the AdvisorShares Cornerstone Small Cap ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-77920; File No. SR-NYSEArca-2016-46; May 25, 2016)

• NYSE Arca: Notice of Filing of Amendment No. 3 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 3, to List and Trade of Shares of the JPMorgan Diversified Alternative ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-77904; File No. SR-NYSEArca-2016-17; May 25, 2016)

• NYSE Arca: Notice of Filing of 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. 34-77941; File No. SR-NYSEArca-2016-63; May 27, 2016)

Trading & Trade Reporting:

• Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.23, Opening Process (Release No. 34-77919; File No. SR-BatsBYX-2016-09; May 25, 2016); see also Exhibit 5

• Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.24, Opening Process for Non-BZX-Listed Securities (Release No. 34-77915; File No. SR-BatsBZX-2016-19; May 25, 2016); see also Exhibit 5

• Bats EDGA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.7, Opening Process (Release No. 34-77906; File No. SR-BatsEDGA-2016-10; May 25, 2016); see also Exhibit 5

• Bats EDGX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.7, Opening Process (Release No. 34-77905; File No. SR-BatsEDGX-2016-19; May 25, 2016); see also Exhibit 5

• FINRA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the Tier Size Pilot of FINRA Rule 6433 (Minimum Quotation Size Requirements for OTC Equity Securities) (Release No. 34-77923; File No. SR-FINRA-2016-016; May 26, 2016); see also Exhibit 5

• ISE Mercury: Order Approving Proposed Rule Change Related to Market Wide Risk Protection (Release No. 34-77931; File No. SR-ISEMercury-2016-07; May 26, 2016)

• MSRB: Notice of Filing of a Proposed Rule Change Consisting of Proposed Amendments to MSRB Rule G-12, on Uniform Practice, Regarding Close-Out Procedures for Municipal Securities (Release No. 34-77903; File No. SR-MSRB-2016-07; May 25, 2016); see also Exhibit 2, Exhibit 5

• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Provide a Process for an Expedited Suspension Proceeding and Adopt a Rule to Prohibit Disruptive Quoting and Trading Activity (Release No. 34-77913; File No. SR-NASDAQ-2016-074; May 25, 2016); see also Exhibit 5

• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Provide a Process for an Expedited Suspension Proceeding and Adopt a Rule to Prohibit Disruptive Quoting and Trading Activity (Release No. 34-77914; File No. SR-BX-2016-028; May 25, 2016); see also Exhibit 5

• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Rule 130 (Release No. 34-77930; File No. SR-NYSE-2016-38; May 26, 2016); see also Exhibit 5

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 6.43 Regarding Definition of Floor Broker (Release No. 34-77897; File No. SR-NYSEArca-2016-73; May 24, 2016); see also Exhibit 5

• NYSE Arca: Notice of Designation of Longer Period for Commission Action on Proposed Rule Change to Amend Rule 6.64 with Respect to Opening Trading in an Options Series (Release No. 34-77912; File No. SR-NYSEArca-2016-49; May 25, 2016)

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending NYSE Arca Equities Rule 7.31P(e) Regarding ALO Orders (Release No. 34-77934; File No. SR-NYSEArca-2016-80; May 26, 2016); see also Exhibit 5

• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 930NY Regarding Definition of Floor Broker (Release No. 34-77902; File No. SR-NYSEMKT-2016-55; May 25, 2016); see also Exhibit 5

• NYSE MKT: Notice of Designation of Longer Period for Commission Action on Proposed Rule Change to Amend Rule 952NY with Respect to Opening Trading in an Options Series (Release No. 34-77911; File No. SR-NYSEMKT-2016-42; May 25, 2016)