Notice2021-25987
Self-Regulatory Organizations; BOX Exchange LLC; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Adopt Rules Governing the Trading of Equity Securities on the Exchange Through a Facility of the Exchange Known as BSTX LLC
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 30, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 227 (Tuesday, November 30, 2021)</title>
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[Federal Register Volume 86, Number 227 (Tuesday, November 30, 2021)]
[Notices]
[Pages 68023-68024]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-25987]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-93649; File No. SR-BOX-2021-06]
Self-Regulatory Organizations; BOX Exchange LLC; Notice of
Designation of Longer Period for Commission Action on Proceedings To
Determine Whether To Approve or Disapprove a Proposed Rule Change, as
Modified by Amendment No. 1, To Adopt Rules Governing the Trading of
Equity Securities on the Exchange Through a Facility of the Exchange
Known as BSTX LLC
November 23, 2021.
On May 12, 2021, BOX Exchange LLC (``Exchange'' or ``BOX'') 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 adopt rules
governing the listing and trading of equity securities on the Exchange
through a facility of the Exchange to be known as BSTX LLC. The
proposed rule change was published for comment in the Federal Register
on June 2, 2021.\3\ On July 13, 2021, pursuant to Section 19(b)(2) of
the Act,\4\ the Commission designated a longer period within which to
approve the proposed rule change, disapprove the proposed rule change,
or institute proceedings to determine whether to disapprove the
proposed rule change.\5\ On August 18, 2021, the Exchange filed
Amendment No. 1 to the proposed rule change, which replaced and
superseded the proposed rule change as originally filed.\6\ On August
27, 2021, the Commission published the proposed rule change, as
modified by Amendment No. 1, for notice and comment and instituted
proceedings to determine whether to approve or disapprove the proposed
rule change, as modified by Amendment No. 1.\7\
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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. 92017 (May 25,
2021), 86 FR 29634 (``Notice''). Comments on the proposed rule
change can be found at: <a href="https://www.sec.gov/comments/sr-box-2021-06/srbox202106.htm">https://www.sec.gov/comments/sr-box-2021-06/srbox202106.htm</a>.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 92387, 86 FR 38140
(July 19, 2021). The Commission designated August 31, 2021 as the
date by which the Commission shall approve or disapprove, or
institute proceedings to determine whether to approve or disapprove,
the proposed rule change.
\6\ Amendment No. 1 is available on the Commission's website at:
<a href="https://www.sec.gov/comments/sr-box-2021-06/srbox202106-9159349-247726.pdf">https://www.sec.gov/comments/sr-box-2021-06/srbox202106-9159349-247726.pdf</a>.
\7\ See Securities Exchange Act Release No. 92796, 86 FR 49416
(September 2, 2021).
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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 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 notice and comment in the Federal Register on
June 2, 2021.\9\ November 29, 2021 is 180
[[Page 68024]]
days from that date, and January 28, 2022 is 240 days from that date.
The Commission finds it 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
change and the issues raised in the comment letters that have been
submitted in connection therewith. Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,\10\ designates January 28,
2022 as the date by which the Commission shall either approve or
disapprove the proposed rule change, as modified by Amendment No. 1
(File No. SR-BOX-2021-06).
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\8\ 15 U.S.C. 78s(b)(2).
\9\ See Notice, supra note 3.
\10\ 15 U.S.C. 78s(b)(2).
\11\ 17 CFR 200.30-3(a)(57).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-25987 Filed 11-29-21; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on November 30, 2021.
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