# Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Withdrawal of a Proposed Rule Change, as Modified by Amendment Nos. 1 and 2, To List and Trade Shares of the AdvisorShares KIM Korea Equity ETF
**I. Introduction**
On May 2, 2016, NYSE Arca, Inc. (“Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”) [^1] and Rule 19b-4 thereunder, [^2] a proposed rule change to list and trade shares of the AdvisorShares KIM Korea Equity ETF under NYSE Arca Equities Rule 8.600. On May 13, 2016, the Exchange submitted Amendment No. 1 to the proposed rule change. [^3] The Commission published notice of the proposed rule change, as modified by Amendment No. 1, in the *Federal Register* on May 23, 2016. [^4] On May 23, 2016, the Exchange submitted Amendment No. 2 to the proposed rule change. [^5] On July 7, 2016, pursuant to Section 19(b)(2) of the Act, [^6] the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change. [^7] On August 18, 2016, the Commission instituted proceedings under Section 19(b)(2)(B) of the Act [^8] to determine whether to approve or disapprove the proposed rule change. [^9] The Commission received no comments on the proposed rule change. On September 28, 2016, the Exchange withdrew the proposed rule change.
[^1] 15 U.S.C. 78s(b)(1).
[^2] 17 CFR 240.19b-4.
[^3] Amendment No. 1 replaced and superseded the original filing in its entirety. Amendment No. 1 is available at *https://www.sec.gov/comments/sr-nysearca-2016-64/nysearca201664-1.pdf.*
[^4]*See* Securities Exchange Act Release No. 34-77847 (May 17, 2016), 81 FR 32364.
[^5] Amendment No. 2 replaced and superseded the original filing in its entirety. Amendment No. 2 is available at *https://www.sec.gov/comments/sr-nysearca-2016-64/nysearca201664-2.pdf.*
[^6] 15 U.S.C. 78s(b)(2).
[^7]*See* Securities Exchange Act Release No. 78240, 81 FR 45332 (July 13, 2016).
[^8] 15 U.S.C. 78s(b)(2)(B).
[^9]*See* Securities Exchange Act Release No. 78614, 81 FR 57981 (August 24, 2016).
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. [^10]
[^10] 17 CFR 200.30-3(a)(12).
Brent J. Fields,
Secretary.