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Daily Rules, Proposed Rules, and Notices of the Federal Government

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-68247; File No. SR-ISE-2012-22]

Self-Regulatory Organizations; International Securities Exchange, LLC; Notice of Withdrawal of Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Options on the ISE Max SPY Index

November 15, 2012.

On March 9, 2012, the International Securities Exchange, LLC ("ISE" or "Exchange") filed with the Securities and Exchange Commission ("Commission") a proposed rule change pursuant to Section 19(b)(1) of the Securities Exchange Act of 19341 and Rule 19b-4 thereunder2 to list and trade options on the ISE Max SPY Index. The proposed rule change was published for comment in theFederal Registeron March 22, 2012.3 The Commission initially received three comment letters on the proposed rule change.4 On May 1, 2012, the Commission extended the time period for Commission action to June 20, 2012.5 On May 4, 2012, the Exchange submitted a response to the comment letters6 and filed Amendment No. 1 to the proposed rulechange.7 The Commission subsequently received three additional comment letters8 and a second response letter from the Exchange.9 On June 20, 2012, the Commission instituted proceedings to determine whether to approve or disapprove the proposed rule change, as modified by Amendment No. 1.10 TheCommission thereafter received six comment letters11 and two response letters from the Exchange.12 On September 14, 2012, the Commission issued a notice of designation of longer period for Commission action on proceedings to determine whether to approve or disapprove the proposed rule change, as modified by Amendment No. 1.13 The Commission thereafter received two additional comment letters.14 On November 13, 2012, the Exchange withdrew the proposed rule change, as modified by Amendment No. 1 (SR-ISE-2012-22).

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.15
Kevin M. O'Neill, Deputy Secretary.
ACTION: 1517 CFR 200.30-3(a)(12).