Notice2021-16674
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Amend NYSE Arca's Co-Location Services and Fee Schedule To Add Two Partial Cabinet Solution Bundles
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 5, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 148 (Thursday, August 5, 2021)</title>
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[Federal Register Volume 86, Number 148 (Thursday, August 5, 2021)]
[Notices]
[Page 42956]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-16674]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-92531; File No. SR-NYSEArca-2021-07]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of
Designation of a Longer Period for Commission Action on Proceedings To
Determine Whether To Approve or Disapprove a Proposed Rule Change To
Amend NYSE Arca's Co-Location Services and Fee Schedule To Add Two
Partial Cabinet Solution Bundles
July 30, 2021.
On January 19, 2021, NYSE Arca, Inc. (``NYSE Arca'' or
``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 amend the Exchange's co-location rules to add
two partial cabinet solution bundles. The proposed rule change was
published for comment in the Federal Register on February 8, 2021.\3\
On March 18, 2021, the Commission extended the time period within which
to approve the proposed rule change, disapprove the proposed rule
change, or institute proceedings to determine whether to approve or
disapprove the proposed rule change, to May 9, 2021.\4\ On May 6, 2021,
the Commission instituted proceedings to determine whether to approve
or disapprove the proposed rule change.\5\ The Commission received a
comment letter on the proposal from the Exchange.\6\
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 91044 (February 2,
2021), 86 FR 8662 (SR-NYSEArca-2021-07) (``Notice'').
\4\ See Securities Exchange Act Release No. 91360, 86 FR 15763
(March 24, 2021) (SR-NYSEArca-2021-07).
\5\ See Securities Exchange Act Release No. 91785 (May 6, 2021),
86 FR 26082 (May 12, 2021) (SR-NYSE-2021-05, SR-NYSENAT-2021-01, SR-
NYSEArca-2021-07, SR-NYSEAMER-2021-04, NYSECHX-2021-01).
\6\ See, respectively, letter dated July 6, 2021 from Elizabeth
K. King, Chief Regulatory Officer, ICE, General Counsel and
Corporate Secretary, NYSE to Vanessa Countryman, Secretary,
Commission. All comments received by the Commission on the proposed
rule change are available on the Commission's website at: <a href="https://www.sec.gov/comments/sr-nyse-2021-05/srnyse202105.htm">https://www.sec.gov/comments/sr-nyse-2021-05/srnyse202105.htm</a>.
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Section 19(b)(2) of the Act \7\ provides that, after initiating
proceedings, the Commission shall issue an order approving or
disapproving the proposed rule change not later than 180 days after the
date of publication of notice of the filing of the proposed rule
change. The Commission may extend the period for issuing an order
approving or disapproving the proposed rule change, however, by not
more than 60 days if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination. The
proposed rule change was published for comment in the Federal Register
on February 8, 2021.\8\ The 180th day after publication of the Notice
is August 7, 2021. The Commission is extending the time period for
approving or disapproving the proposal for an additional 60 days.
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\7\ 15 U.S.C. 78s(b)(2).
\8\ See supra note 3.
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The Commission finds that it is appropriate to designate a longer
period within which to issue an order approving or disapproving the
proposed rule change so that it has sufficient time to consider the
proposed rule changes along with the comment received. Accordingly, the
Commission, pursuant to Section 19(b)(2) of the Act,\9\ designates
October 6, 2021, as the date by which the Commission should either
approve or disapprove the proposed rule change (File No. SR-NYSEArca-
2021-07).
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\9\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-16674 Filed 8-4-21; 8:45 am]
BILLING CODE 8011-01-P
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