Voglio sapere a riguardo di…

Federal Register / Vol. 86, No. 1 / Monday, January 4, 2021 / Notices lifts the halt, suspension, or pause during an extra-hours session, the Exchanges would re-open their markets in that security automatically when the two aforementioned conditions are met, thereby eliminating the need for manual intervention. The Exchanges have narrowly tailored this new automated process to be invoked only when both conditions are met. The Exchanges have stated that, currently, Exchange personnel would confirm that the security is no longer halted and identify that there are quotes in the security available on other exchanges, and that the Exchanges believe that an automated process would be more consistent and reliable. By setting forth a clear, rulesbased approach to re-opening trading in a narrow set of circumstances, the proposals are reasonably designed to increase the consistency and efficiency of the re-opening process in these circumstances. Therefore, the Commission finds that the proposals are consistent with the Act. As noted above, the Commission received no comments opposing the proposed rule changes.
IV. Conclusion It is therefore ordered, pursuant to Section 19b2 of the Act,13 that the proposed rule changes SRCboeBYX
2020032, SRCboeBZX2020083, SR
CboeEDGA2020029, and SR
CboeEDGX2020055 be, and hereby are, approved.
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.14
J. Matthew DeLesDernier, Assistant Secretary.
FR Doc. 202029021 Filed 123120; 8:45 am BILLING CODE 801101P

SECURITIES AND EXCHANGE
COMMISSION

Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Reflect a Change in the Time of Calculation and Publication of the Wilshire Gold Index Applicable to Shares of the Wilshire wShares Enhanced Gold Trust Pursuant to Section 19b1 1 of the Securities Exchange Act of 1934
13 15

U.S.C. 78sb2.
CFR 200.303a12.
1 15 U.S.C. 78sb1.
14 17

VerDate Sep<11>2014

17:28 Dec 31, 2020

Jkt 253001

I. Self-Regulatory Organizations Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to reflect a change in the time of calculation and publication of the Wilshire Gold Index applicable to shares of the Wilshire wShares Enhanced Gold Trust Trust. Shares of the Trust have been approved by the Commission for listing and trading on the Exchange under NYSE Arca Rule 8.201E.4 The Trusts shares have not commenced trading on the Exchange. The proposed rule change is available on the Exchanges website at www.nyse.com, at the principal office of the Exchange, and at the Commissions Public Reference Room.
II. Self-Regulatory Organizations Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the self-regulatory organization included statements concerning the purpose of, and basis for, the proposed rule change and discussed any comments it received on the proposed rule change. The text of those statements may be examined at the places specified in Item IV below.
The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements.
A. Self-Regulatory Organizations Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change
Release No. 3490807; File No. SR
NYSEArca2020114

December 28, 2020.

Act 2 and Rule 19b4 thereunder,3
notice is hereby given that, on December 21, 2020, NYSE Arca, Inc. NYSE
Arca or Exchange filed with the Securities and Exchange Commission Commission the proposed rule change as described in Items I and II
below, which Items have been prepared by the self-regulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons.

1. Purpose The Commission has approved a proposed rule change relating to listing and trading on the Exchange of shares Shares of the Wilshire wShares Enhanced Gold Trust Trust for listing and trading on the Exchange under NYSE Arca Rule 8.201E
Commodity-Based Trust Shares.5
2 15

U.S.C. 78a.
CFR 240.19b4.
4 See note 5, infra.
5 See Securities Exchange Act Release No. 90216
October 16, 2020, 85 FR 67401 October 22, 2020
SRNYSEArca202059 Notice of Filing of 3 17

PO 00000

Frm 00111

Fmt 4703

Sfmt 4703

159

The Exchange proposes to reflect a change in the time of calculation and publication of the Wilshire Gold Index Index applicable to Shares of the Trust. The Trusts Shares have not commenced trading on the Exchange.6
According to the Registration Statement and the Prior Order, the investment objective of the Trust is for the Shares to closely reflect the Index, which will be published by Solactive AG the Index Calculation Agent, less the Trusts liabilities and expenses. The Trust will have no assets other than a physical gold bullion Physical Gold in proportions that seek to closely replicate the Index and b cash.
The Prior Order stated that the Index value using the London Bullion Market Association LBMA Gold Price PM 7
will be calculated and published daily each business day at approximately 5:00
p.m. Eastern time E.T. on the Trusts website. The Exchange proposes to change this representation to state that the Index value using the LBMA
Gold Price PM will be calculated and published daily each business day by approximately 7:00 p.m. E.T. on the Trusts website. The revised time is being proposed as a result of certain contractual licensing restrictions which prevents the publication of the Index value prior to 7:00 p.m. E.T.
The Exchange believes that modifying the representation regarding when the Index value using the LBMA Gold Price PM is published to reflect that such Index value would be published each business day by approximately 7:00
p.m. E.T. would have no impact on the Trusts shareholders. During the proposed two hour extension from approximately 5:00 p.m. E.T. to approximately 7:00 p.m. E.T., the value of the Trusts holdings and net asset value NAV will be available, which will provide investors and authorized participants APs with a basis to determine whether Shares during the Amendment No. 3 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 3, To Amend NYSE Arca Rule 8.201E Commodity-Based Trust Shares and To Permit the Listing and Trading of Shares of the Wilshire wShares Enhanced Gold Trust Under Amended NYSE Arca Rule 8.201E Prior Order.
6 On November 18, 2020 the Trust filed with the Commission an amended registration statement on Form S1 under the Securities Act of 1933 relating to the Trust File No. 333235913 Registration Statement. The description of the operation of the Trust herein is based, in part, on the Prior Order.
The procedures described in this proposed rule change will not be implemented until this proposed rule change is effective and operative.
7 As stated in the Prior Order, the LBMA Gold Price PM is the price of Physical Gold obtained from auctions conducted in the afternoon London time by ICE Benchmark Administration IBA, a benchmark administrator appointed by the LBMA.

E:FRFM04JAN1.SGM

04JAN1