Notice2023-03163

Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change Relating to Alternative Display Facility New Entrant

Primary source

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Published
February 15, 2023

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 88 Issue 31 (Wednesday, February 15, 2023)</title>
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[Federal Register Volume 88, Number 31 (Wednesday, February 15, 2023)]
[Notices]
[Pages 9945-9946]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-03163]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-96864; File No. SR-FINRA-2022-032]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of Longer Period for Commission 
Action on a Proposed Rule Change Relating to Alternative Display 
Facility New Entrant

February 9, 2023.
    On December 20, 2022, Financial Industry Regulatory Authority, Inc. 
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 
add IntelligentCross ATS as a new entrant to the Alternative Display 
Facility. The proposed rule change was published for comment in the 
Federal Register on December 27, 2022.\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. 96550 (December 20, 
2022), 86 FR 79401. Comments on the proposed rule change are 
available at: <a href="https://www.sec.gov/comments/sr-finra-2022-032/srfinra2022032.htm">https://www.sec.gov/comments/sr-finra-2022-032/srfinra2022032.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 February 10, 2023.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission hereby is extending the 45-day time period for 
Commission action on the proposed rule change. 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

[[Page 9946]]

to consider the proposed rule change and the comments received. 
Accordingly, pursuant to Section 19(b)(2) of the Act,\5\ the Commission 
designates March 27, 2023, as the date by which the Commission shall 
either approve or disapprove, or institute proceedings to determine 
whether to disapprove, the proposed rule change (File No. SR-FINRA-
2022-032).
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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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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-03163 Filed 2-14-23; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on February 15, 2023.

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