Notice2021-24166
Self-Regulatory Organizations; New York Stock Exchange LLC, Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rules 7.31, 7.35, 7.35B, 7.35C, 98, and 104 Relating to the Closing Auction
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
November 5, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 212 (Friday, November 5, 2021)</title>
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[Federal Register Volume 86, Number 212 (Friday, November 5, 2021)]
[Notices]
[Pages 61352-61353]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-24166]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-93488; File No. SR-NYSE-2021-44]
Self-Regulatory Organizations; New York Stock Exchange LLC,
Notice of Designation of a Longer Period for Commission Action on a
Proposed Rule Change To Amend Rules 7.31, 7.35, 7.35B, 7.35C, 98, and
104 Relating to the Closing Auction
November 1, 2021.
On September 3, 2021, New York Stock Exchange LLC (``NYSE'' 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 Rules 7.31 (Orders and Modifiers), 7.35
(General), 7.35B (DMM-Facilitated Closing Auctions), 7.35C (Exchange-
Facilitated Auctions), 98 (Operation of a DMM Unit), and 104 (Dealings
and Responsibilities of DMMs) relating to the Closing Auction. The
proposed rule change was published for comment in the Federal Register
on September 22, 2021.\3\ The
[[Page 61353]]
Commission has received no comments on the proposed rule change.
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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. 93037 (Sep. 16,
2021), 86 FR 52719 (Sep. 22, 2021) (SR-NYSE-2021-44).
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Section 19(b)(2) of the Act \4\ 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 November 6, 2021. The Commission is extending this 45-day time
period.
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\4\ 15 U.S.C. 78s(b)(2).
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The Commission finds that it is appropriate to designate a longer
period within which to take action on the proposed rule change so that
it has sufficient time to consider the proposed rule change.
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\5\ designates December 21, 2021, as the date by which the
Commission shall either approve or disapprove, or institute proceedings
to determine whether to approve or disapprove, the proposed rule change
(File No. SR-NYSE-2021-44).
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\5\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
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\6\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-24166 Filed 11-4-21; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on November 5, 2021.
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