Notice2021-16675
Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE National, Inc.; NYSE American LLC; NYSE Chicago, 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 Each of the Exchange'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 42911]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-16675]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-92532; File Nos. SR-NYSE-2021-05, SR-NYSENAT-2021-01,
SR-NYSEAMER-2021-04, SR-NYSECHX-2021-01]
Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE
National, Inc.; NYSE American LLC; NYSE Chicago, 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 Each of the Exchange's Co-Location Services and Fee Schedule To
Add Two Partial Cabinet Solution Bundles
July 30, 2021.
On January 19, 2021, New York Stock Exchange LLC, NYSE National,
Inc., NYSE American LLC, and NYSE Chicago, Inc. each 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 each
of the Exchanges' co-location rules to add two partial cabinet solution
bundles.\3\ The proposed rule changes were published for comment in the
Federal Register on February 5, 2021.\4\ On March 18, 2021, the
Commission extended the time period within which to approve each of the
proposed rule changes, disapprove the proposed rule changes, or
institute proceedings to determine whether to approve or disapprove the
proposed rule changes, to May 6, 2021.\5\ On May 6, 2021, the
Commission instituted proceedings to determine whether to approve or
disapprove the proposed rule change.\6\ The Commission received a
comment letter on the proposal from the Exchanges.\7\
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ The New York Stock Exchange LLC, NYSE National, Inc., NYSE
Arca, Inc., NYSE American LLC, and NYSE Chicago, Inc. are
collectively referred to herein as ``NYSE'' or the ``Exchanges.''
\4\ See Securities Exchange Act Release No. 91034 (February 1,
2021), 86 FR 8443 (SR-NYSE-2021-05); 91037 (February 1, 2021), 86 FR
8424 (SR-NYSENAT-2021-01); 91035 (February 1, 2021), 86 FR 8449 (SR-
NYSEAMER-2021-04); 91036 (February 1, 2021), 86 FR 8440 (SR-NYSECHX-
2021-01).
\5\ See Securities Exchange Act Release Nos. 91357, 86 FR 15732
(March 24, 2021) (SR-NYSE-2021-05); 91363, 86 FR 15763 (March 24,
2021) (SR-NYSENAT-2021-01); 91358, 86 FR 15732 (March 24, 2021) (SR-
NYSEAMER-2021-04); 91362, 86 FR 15765 (March 24, 2021) (SR-NYSECHX-
2021-01).
\6\ 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).
\7\ 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>. NYSE filed
comment letters on behalf of all of the Exchanges.
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Section 19(b)(2) of the Act \8\ 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 changes were published for comment in the Federal
Register on February 5, 2021.\9\ The 180th day after publication of the
Notices is August 4, 2021. The Commission is extending the time period
for approving or disapproving the proposal for an additional 60 days.
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\8\ 15 U.S.C. 78s(b)(2).
\9\ See supra note 4.
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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,\10\ designates
October 3, 2021 as the date by which the Commission should either
approve or disapprove the proposed rule change (File Nos. SR-NYSE-2021-
05, SR-NYSENAT-2021-01, SR-NYSEAMER-2021-04, NYSECHX-2021-01).
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\10\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier.
Assistant Secretary.
[FR Doc. 2021-16675 Filed 8-4-21; 8:45 am]
BILLING CODE 8011-01-P
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