Notice2021-27541
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, in Connection With the Proposed Establishment of BSTX as a Facility of the Exchange
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
December 21, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 242 (Tuesday, December 21, 2021)</title>
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[Federal Register Volume 86, Number 242 (Tuesday, December 21, 2021)]
[Notices]
[Page 72296]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-27541]
[[Page 72296]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-93786; File No. SR-BOX-2021-14]
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, in Connection With the Proposed
Establishment of BSTX as a Facility of the Exchange
December 15, 2021.
On June 7, 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
in connection with the establishment of BSTX LLC as a facility of the
Exchange. The proposed rule change was published for comment in the
Federal Register on June 24, 2021.\3\ On August 3, 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 September 16, 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replaced and superseded the proposed rule change as originally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 September 21, 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. 92206 (June 17,
2021), 86 FR 33402 (``Notice''). Comments on the proposed rule
change can be found at: <a href="https://www.sec.gov/comments/sr-box-2021-14/srbox202114.htm">https://www.sec.gov/comments/sr-box-2021-14/srbox202114.htm</a>.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 92556, 86 FR 43572
(August 9, 2021). The Commission designated September 22, 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-2021-14/srbox202114-9251558-250847.pdf">https://www.sec.gov/comments/sr-box-2021-14/srbox202114-9251558-250847.pdf</a>.
\7\ See Securities Exchange Act Release No. 93094 (September 21,
2021), 86 FR 53365 (September 27, 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 24, 2021.\9\ December 21, 2021 is 180 days from that date, and
February 19, 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. Accordingly, the
Commission, pursuant to Section 19(b)(2) of the Act,\10\ designates
February 19, 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-2021-14).
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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).
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)(57).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-27541 Filed 12-20-21; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on December 21, 2021.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.