Weekly Roundup of Exchange Rules by Category

The SEC announced new SRO rules and rule proposals. Click on the links below to view the SEC's notices of exchange rule changes and proposals for the week of June 27 to July 1.

Clearance and Settlement:

• FICC: Order Approving Proposed Rule Change to Suspend the Interbank Service of the GCF Repo^® Service (Release No. 34-78206; File No. SR-FICC-2016-002; June 30, 2016)

• ICC: Notice of Filing of Proposed Rule Change to Revise the ICC Treasury Operations Policies and Procedures (Release No. 34-78205; File No. SR-ICC-2016-009; June 30, 2016)

Fees, Fines, Rebates and Claims:

• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Reduce the Fees for Certain Real Estate Investment Trusts Listed on Nasdaq (Release No. 34-78175; File No. SR-NASDAQ-2016-088; June 28, 2016)

Licensing and Registration:

• MSRB: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Content Outline for the Municipal Advisor Representative Qualification Examination (Series 50) (Release No. 34-78186; File No. SR-MSRB-2016-08; June 28, 2016); see also Exhibit 3a and Exhibit 3b

• NYSE MKT: Notice of Filing of Proposed Rule Change Amending Rules 340, 341, and 359 to Extend the Time within Which a Member or Member Organization or an ATP Holder Must File a Uniform Termination Notice for Securities Industry Registration (Release No. 34-78198; File No. SR-NYSEMKT-2016-52; June 30, 2016); see also Exhibit 5

Market Data:

• BatsBYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.22(i) Identifying Certain Transactions as the Bats One Opening Price or the Bats One Closing Price; see also Exhibit 5 (Release No. 34-78165; File No. SR-BatsBYX-2016-14; June 27, 2016)

• BatsBZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.22(j) Identifying Certain Transactions as the Bats One Opening Price or the Bats One Closing Price; see also Exhibit 5 (Release No. 34-78164; File No. SR-BatsBZX-2016-27; June 27, 2016)

• BatsEDGA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 13.8(b) Identifying Certain Transactions as the Bats One Opening Price or the Bats One Closing Price; see also Exhibit 5 (Release No. 34-78162; File No. SR-BatsEDGA-2016-14; June 27, 2016)

• BatsEDGX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 13.8(b) Identifying Certain Transactions as the Bats One Opening Price or the Bats One Closing Price; see also Exhibit 5 (Release No. 34-78163; File No. SR-BatsEDGX-2016-25; June 27, 2016)

Miscellaneous:

• 17d-2: Notice of Filing of Proposed Plan for the Allocation of Regulatory Responsibilities between the Financial Industry Regulatory Authority, Inc. and the Investors Exchange LLC (Release No. 34-78179; File No. 4-700; June 28, 2016)

• FINRA: Notice of Filing of Partial Amendment No. 2 to Proposed Rule Change to Adopt FINRA Capital Acquisition Broker Rules (Release No. 34-78220; File No. SR-FINRA-2015-054; July 1, 2016); see also Exhibit 5 and Exhibit 4

Products:

• CBOE: Notice of Filing of a Proposed Rule Change to List Options That Overlie the FTSE Developed Europe Index and the FTSE Emerging Index, to Raise the Comprehensive Surveillance Agreement Percentage Applicable to Certain Index Options, and to Amend the Maintenance Listing Criteria Applicable to Certain Index Options (Release No. 34-78177; File No. SR-CBOE-2016-049; June 28, 2016); see also Exhibit 3 and Exhibit 5

• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to the Listing and Trading of the Shares of the AdvisorShares Market Adaptive Unconstrained Income ETF of the AdvisorShares Trust (Release No. 34-78188; File No. SR-NASDAQ-2016-082; June 28, 2016)

• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change Relating to a Change to the Underlying Index for the PowerShares Build America Bond Portfolio (Release No. 34-78157; File No. SR-NYSEArca-2016-62; June 27, 2016)

• NYSE Arca: Notice of Filing of Proposed Rule Change Relating to Listing and Trading of Shares of First Trust Horizon Managed Volatility Domestic ETF and First Trust Horizon Managed Volatility Developed International ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-78191; File No. SR-NYSEArca-2016-87; June 29, 2016)

• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change to List and Trade Shares of the Natixis Seeyond International Minimum Volatility ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-78204; File No. SR-NYSEArca-2016-67 June 30, 2016)

• NYSE Arca: Notice of Designation of a Longer Period for Commission Action on 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. 34-78207; File No. SR-NYSEArca-2016-70; June 30, 2016)

• NYSE Arca: Notice of Filing of Proposed Rule Change to List and Trade Shares of the JPMorgan Diversified Event Driven ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-78218; File No. SR-NYSEArca-2016-82; July 1, 2016)

• NYSE MKT: Notice of Filing of a Proposed Rule Change to List Options That Overlie the FTSE Developed Europe Index and the FTSE Emerging Index, to Raise the Comprehensive Surveillance Agreement Percentage Applicable to Certain Index Options, and to Amend the Maintenance Listing Criteria Applicable to Certain Index Options (Release No. 34-78177; File No. SR-CBOE-2016-049; June 28, 2016); see also Exhibit 5 and Exhibit 3

Trading and Trade Reporting:

• Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.24, Retail Price Improvement Program, to Extend the Pilot Period (Release No. 34-78180; File No. SR-BatsBYX-2016-15; June 28, 2016); see also Exhibit 5

• BatsBYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Remove Interpretation and Policy .01 from Rule 11.13, Order Execution and Routing (Release No. 34-78194; File No. SR-BatsBYX-2016-16; June 29, 2016); see also Exhibit 5

• BatsBZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Remove Interpretation and Policy .01 from Rule 11.13, Order Execution and Routing (Release No. 34-78193; File No. SR-BatsBZX-2016-28; June 29, 2016); see also Exhibit 5

• BatsEDGX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Add Interpretation and Policy .01 to Rule 16.1 to Specify the Calculation Methodology for Counting Professional Orders (Release No. 34-78221; File No. SR-BatsEDGX-2016-28; July 1, 2016); see also Exhibit 5

• BOX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Rule 7150 (Price Improvement Period ("PIP")) to Establish the Quality Market Maker Allocation in a PIP Order (Release No. 34-78171; File No. SR-BOX-2016-25; June 28, 2016); see also Exhibit 5

• BOX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Rule 7260 by Extending the Penny Pilot Program through December 31, 2016 (Release No. 34-78172; File No. SR-BOX-2016-24; June 28, 2016); see also Exhibit 5

• BYX: BATS BYX-Exchange, Inc.; Order Granting an Extension to Limited Exemption from Rule 612(c) of Regulation NMS in Connection with the Exchanges Retail Price Improvement Program (Release No. 34-78178; File No. SR-BYX-2012-019; June 28, 2016)

• C2: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to Professionals Order Counting (Release No. 34-78187; File No. SR-C2-2016-009; June 28, 2016)

• FINRA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Extend the Implementation of FINRA Rule 4240 (Margin Requirements for Credit Default Swaps) (Release No. 34-78182; File No. SR-FINRA-2016-020; June 28, 2016); see also Exhibit 5

• FINRA: Notice of Filing of a Proposed Rule Change to Increase Transparency For CMO Transactions (Release No. 34-78196; File No. SR-FINRA-2016-023; June 29, 2016); see also Exhibit 2a, Exhibit 2b, Exhibit 2c and Exhibit 5

• FINRA: Notice of Filing of a Proposed Rule Change to Amend FINRA Rule 7730 (Trade Reporting and Compliance Engine (TRACE)) (Release No. 34-78219; File No. SR-FINRA-2016-024; July 1, 2016); see also Exhibit 2a, Exhibit 2b, Exhibit 2c and Exhibit 5

• ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Extend the Penny Pilot Program (Release No. 34-78203; File No. SR-ISE-2016-15; June 30, 2016); see also Exhibit 5

• ISEGemini: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Extend the Penny Pilot Program (Release No. 34-78201; File No. SR-ISE Gemini-2016-06; June 30, 2016); see also Exhibit 5

• ISEMercury: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Extend the Penny Pilot Program (Release No. 34-78202; File No. SR-ISE Mercury-2016-12; June 30, 2016); see also Exhibit 5

• NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Professionals Order Counting (Release No. 34-78200; File No. SR-NASDAQ-2016-091; June 30, 2016); see also 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. 34-78208; File No. SR-NASDAQ-2016-092; June 30, 2016); see also Exhibit 5

• NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to the Professional Designation (Release No. 34-78199; File No. SR-BX-2016-035; June 30, 2016); see also Exhibit 5

• NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change for a Temporary Suspension of Those Aspects of Rules 36.20 and 36.21 That Would Not Permit Floor Brokers to Use Personal Portable Phone Devices on the Trading Floor due to the Unavailability of Floor Broker Telephone Services (Release No. 34-78154; File No. SR-NYSE-2016-46; June 24, 2016)

• NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Commentary .02 to Exchange Rule 6.72 in Order to Extend the Penny Pilot through December 31, 2016 (Release No. 34-78174; File No. SR-NYSEArca-2016-88; June 28, 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 Add a New Discretionary Pegged Order (Release No. 34-78181; File No. SR-NYSEArca-2016-44; June 28, 2016)

• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change for a Temporary Suspension of Those Aspects of Rules 36.20 – Equities and 36.21 – Equities That Would Not Permit Floor Brokers to Use Personal Portable Phone Devices on the Trading Floor due to the Unavailability of Floor Broker Telephone Services (Release No. 34-78155; File No. SR-NYSEMKT-2016-64; June 24, 2016)

• NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Commentary .02 to NYSE Amex Options Rule 960NY in Order to Extend the Penny Pilot through December 31, 2016 (Release No. 34-78176; File No. SR-NYSEMKT-2016-61; June 28, 2016); see also Exhibit 5

• PHLX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Detection of Loss of Connection (Release No. 34-78192; File No. SR-Phlx-2016-72; June 29, 2016); see also Exhibit 5