Notice2022-02664
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Adopt New NYSE Arca Rule 6.91P-O
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
February 9, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 27 (Wednesday, February 9, 2022)</title>
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[Federal Register Volume 87, Number 27 (Wednesday, February 9, 2022)]
[Notices]
[Pages 7517-7518]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-02664]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-94141; File No. SR-NYSEArca-2021-68]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of
Designation of Longer Period for Commission Action on Proceedings To
Determine Whether To Approve or Disapprove a Proposed Rule Change To
Adopt New NYSE Arca Rule 6.91P-O
February 3, 2022.
On July 23, 2021, NYSE Arca, Inc. (``NYSE Arca'' or the
``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 adopt new Exchange Rule 6.91P-O to govern the
trading of
[[Page 7518]]
Electronic Complex Orders on the Exchange's Pillar trading platform and
to make conforming amendments to Exchange Rule 6.47A-O. The proposed
rule change was published for comment in the Federal Register on August
10, 2021.\3\ On September 20, 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 approve or disapprove
the proposed rule change.\5\ On October 29, 2021, the Commission
instituted proceedings to determine whether to approve or disapprove
the proposed rule change.\6\ The Commission has received no comments
regarding the proposed rule change.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ Securities Exchange Act Release No. 92563 (August 4, 2021),
86 FR 43704 (``Notice'').
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 93057 (September 20,
2021), 86 FR 53128 (September 24, 2021). The Commission designated
November 8, 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\ See Securities Exchange Act Release No. 93466 (October 29,
2021), 86 FR 60955 (November 4, 2021).
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Section 19(b)(2) of the Act \7\ 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
August 10, 2021.\8\ February 6, 2022, is 180 days from that date, and
April 7, 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,\9\ designates
April 7, 2022, as the date by which the Commission shall either approve
or disapprove the proposed rule change (File No. SR-NYSEArca-2021-68).
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\7\ 15 U.S.C. 78s(b)(2).
\8\ See Notice, supra note 3.
\9\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(57).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-02664 Filed 2-8-22; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on February 9, 2022.
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