Notice2021-18670
Self-Regulatory Organizations; Depository Trust Company; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Confidential Information, Market Disruption Events, Systems Disconnect, and Other Changes
Primary source
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Published
August 31, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 166 (Tuesday, August 31, 2021)</title>
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[Federal Register Volume 86, Number 166 (Tuesday, August 31, 2021)]
[Notices]
[Page 48770]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-18670]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-92748; File No. SR-DTC-2021-011]
Self-Regulatory Organizations; Depository Trust Company; Notice
of Designation of Longer Period for Commission Action on Proposed Rule
Change Relating to Confidential Information, Market Disruption Events,
Systems Disconnect, and Other Changes
August 25, 2021.
I. Introduction
On June 25, 2021, Depository Trust Company (``DTC'') filed with the
Securities and Exchange Commission (``Commission'') proposed rule
change SR-DTC-2021-011 (the ``Proposed Rule Change'') pursuant to
Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\
and Rule 19b-4 thereunder \2\ to amend DTC's rules relating to
confidentiality requirements, market disruption events, systems
disconnect, and other changes. The Proposed Rule Change was published
for comment in the Federal Register on July 13, 2021,\3\ and the
Commission received one comment on Proposed Rule Change.\4\
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ Securities Exchange Act Release No. 92342 (June 25, 2021),
86 FR 36833 (July 13, 2021) (File No. SR-DTC-2021-011).
\4\ The comment letter is available on the Commission's website
at <a href="https://www.sec.gov/comments/sr-dtc-2021-011/srdtc2021011.htm">https://www.sec.gov/comments/sr-dtc-2021-011/srdtc2021011.htm</a>.
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Section 19(b)(2) of the Act \5\ provides that within 45 days of the
publication of notice of the filing of a proposed rule change, or
within such longer period up to 90 days as the Commission may designate
if it finds such longer period to be appropriate and publishes its
reasons for so finding or as to which the self-regulatory organization
consents, the Commission shall either approve the proposed rule change,
disapprove the proposed rule change, or institute proceedings to
determine whether the proposed rule change should be disapproved. The
45th day after publication of the notice for the Proposed Rule Change
is effectively Friday, August 27, 2021.
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\5\ 15 U.S.C. 78s(b)(2).
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The Commission is extending the 45-day review period for Commission
action on the Proposed Rule Change. In order to provide the Commission
with sufficient time to consider the Proposed Rule Change, the
Commission finds that it is appropriate to designate a longer period
within which to take action on the Proposed Rule Change.
Accordingly, pursuant to Section 19(b)(2) of the Act \6\ and for
the reasons stated above, the Commission designates Friday, October 8,
2021, as the date by which the Commission shall either approve,
disapprove, or institute proceedings to determine whether to disapprove
the Proposed Rule Change (File No. SR-DTC-2021-011).
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\6\ Id.
\7\ 17 CFR 200.30-3(a)(31).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2021-18670 Filed 8-30-21; 8:45 am]
BILLING CODE 8011-01-P
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