Notice2022-01466
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Amend FINRA Rule 6730 To Require Members To Append Modifiers To Delayed Treasury Spot Trades and Portfolio Trades When Reporting to TRACE
Primary source
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Published
January 26, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 17 (Wednesday, January 26, 2022)</title>
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[Federal Register Volume 87, Number 17 (Wednesday, January 26, 2022)]
[Notices]
[Pages 4097-4098]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-01466]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-94011; File No. SR-FINRA-2021-030]
Self-Regulatory Organizations; Financial Industry Regulatory
Authority, Inc.; Notice of Designation of Longer Period for Commission
Action on Proposed Rule Change To Amend FINRA Rule 6730 To Require
Members To Append Modifiers To Delayed Treasury Spot Trades and
Portfolio Trades When Reporting to TRACE
January 20, 2022.
On November 22, 2021, the Financial Industry Regulatory Authority,
Inc. (``FINRA'') 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 FINRA Rule 6730 to require members to
append modifiers to delayed Treasury spot trades and portfolio trades
when reporting to FINRA's Trade Reporting and Compliance Engine
(``TRACE''). The proposed rule change was
[[Page 4098]]
published for comment in the Federal Register on December 7, 2021.\3\
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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. 93699 (December 1,
2021), 86 FR 69337. Comments received on the proposed rule change
are available at: <a href="https://www.sec.gov/comments/sr-finra-2021-030/srfinra2021030.htm">https://www.sec.gov/comments/sr-finra-2021-030/srfinra2021030.htm</a>.
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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 this proposed rule change
is January 21, 2022. The Commission is extending this 45-day time
period for Commission action.
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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 and the
comments received. Accordingly, pursuant to Section 19(b)(2) of the
Act, the Commission designates March 7, 2022, as the date by which the
Commission shall approve or disapprove, or institute proceedings to
determine whether to disapprove, the proposed rule change (File No. SR-
FINRA-2021-030).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\5\
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\5\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-01466 Filed 1-25-22; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on January 26, 2022.
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