New SRO rules and rule proposals were announced by the SEC. Click on the links to view the SEC's notices of exchange rule changes and proposals for the week of May 16 - May 20.
Clearance & Settlement:
- FICC: Notice of Filing to Suspend the Interbank Service of the GCF Repo® Service (Release No. 34-77840; File No. SR-FICC-2016-002; May 16, 2016)
Corporate Governance:
- FINRA: Notice of Filing of a Proposed Rule Change Amending Rule 12904 (Awards) of the Code of Arbitration Procedure for Customer Disputes and Rule 13904 (Awards) of the Code of Arbitration Procedure for Industry Disputes to Permit Award Offsets in Arbitration (Release No. 34-77844; File No. SR-FINRA-2016-015; May 17, 2016)
- MSRB: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Consisting of Amendments to the MSRBs Amended and Restated Articles of Incorporation (Release No. 34-77856; File No. SR-MSRB-2016-06; May 19, 2016); see also Exhibit 5
- NYSE: Notice of Filing of Amendment No. 5 to Proposed Rule Change Adopting Initial and Continued Listing Standards for the Listing of Equity Investment Tracking Stocks and Adopting Listing Fees Specific to Equity Investment Tracking Stocks (Release No. 34-77850; File No. SR-NYSE-2016-22; May 17, 2016); see also Exhibit 5
- NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Adopting New NYSE Rules 2090 (Know Your Customer) and 2111 (Suitability) that are Substantially Similar to FINRA Rules 2090 and 2111 and Deleting Current Rule 405 and the Related NYSE Rule Interpretation to Harmonize its Rules with Certain Financial Industry Regulatory Authority, Inc. Rules (Release No. 34-77838; File No. SR-NYSE-2016-33; May 16, 2016)
Fees, Fines, Rebates & Claims:
- ISE Mercury: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Schedule of Fees (Release No. 34-77841; File No. SR-ISE Mercury-2016-11; May 16, 2016); see also Exhibit 5
- NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend and Clarify Closed-End Funds Annual Fees (Release No. 34-77855; File No. SR-NASDAQ-2016-057; May 19, 2016)
- NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the NYSE Arca Options Fee Schedule (Release No. 34-77835; File No. SR-NYSEArca-2016-61; May 16, 2016); see also Exhibit 5
Products:
- NASDAQ: Notice of Filing of Proposed Rule Change Relating to Listing and Trading of Shares of the First Trust Equity Market Neutral ETF of the First Trust Exchange-Traded Fund VIII (Release No. 34-77854; File No. SR-NASDAQ-2016-061; May 19, 2016)
- NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Reflecting a Change to the Means of Achieving the Investment Objective with Respect to the AdvisorShares EquityPro ETF (Release No. 34-77858; File No. SR-NYSEArca-2016-66; May 19, 2016)
- NYSE Arca: Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1 Thereto, Relating to the Listing and Trading of Shares of the AdvisorShares KIM Korea Equity ETF (Release No. 34-77847; File No. SR-NYSEArca-2016-64; May 17, 2016)
- NYSE Arca: Notice of Filing of Proposed Rule Change Relating to a Change to the Underlying Index for the PowerShares Build America Bond Portfolio (Release No. 34-77849; File No. SR-NYSEArca-2016-62; May 17, 2016)
- NYSE Arca: Notice of Filing of Proposed Rule Change Relating to the Listing and Trading of Shares of the Natixis Seeyond International Minimum Volatility ETF under NYSE Arca Equities Rule 8.600 (Release No. 34-77861; File No. SR-NYSEArca-2016-67; May 19, 2016)
- NYSE Arca: Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1 Thereto, to Adopt NYSE Arca Equities Rule 8.900 to Permit Listing and Trading of Managed Portfolio Shares and to Permit Listing and Trading of Shares of Fifteen Issues of the Precidian ETFs Trust (Release No. 34-77845; File No. SR-NYSEArca-2016-08; May 17, 2016)
Trading & Trade Reporting:
- MIAX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Exchange Rule 100 Concerning Professional Customers (Release No. 34-77853; File No. SR-MIAX-2016-11; May 19, 2016); see also Exhibit 5
- NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Nasdaq Rule 4703 (Release No. 34-77839; File No. SR-NASDAQ-2016-066; May 16, 2016); see also Exhibit 5
- NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Definition of Professional Customer in Rule 6.1A(a)(4A) (Release No. 34-77837; File No. SR-NYSEArca-2016-65; May 16, 2016); see also Exhibit 5
- NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending NYSE Rule 13 and Related Rules Regarding Market Orders (Release No. 34-77860; File No. SR-NYSE-2016-35; May 19, 2016); see also Exhibit 5
- NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 13 - Equities and Related Rules Regarding Market Orders (Release No. 34-77859; File No. SR-NYSEMKT-2016-54; May 19, 2016); see also Exhibit 5
- NYSE MKT: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Definition of Professional Customer in Rule 900.2NY(18A) (Release No. 34-77836; File No. SR-NYSEMKT-2016-53; May 16, 2016); see also Exhibit 5
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