Notice2023-09333
Self-Regulatory Organizations; NYSE American LLC; Notice of Designation of a Longer Period for Commission Action on Proposed New Rule 980NYP and Conforming Amendments to Rule 935NY
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
May 3, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 85 (Wednesday, May 3, 2023)</title>
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[Federal Register Volume 88, Number 85 (Wednesday, May 3, 2023)]
[Notices]
[Page 27937]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-09333]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-97394; File No. SR-NYSEAMER-2023-17]
Self-Regulatory Organizations; NYSE American LLC; Notice of
Designation of a Longer Period for Commission Action on Proposed New
Rule 980NYP and Conforming Amendments to Rule 935NY
April 27, 2023.
On February 28, 2023, NYSE American LLC (``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 Rule
980NYP (Electronic Complex Order Trading) to reflect the implementation
of the Exchange's PILLAR trading technology on its options market and
to make conforming amendments to Rule 935NY (Order Exposure
Requirements). The proposed rule change was published for comment in
the Federal Register on March 17, 2023.\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. 97125 (March 13,
2023), 88 FR 16467.
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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 May 1, 2023.
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\4\ 15 U.S.C. 78s(b)(2).
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The Commission is extending this 45-day time period. 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. Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,\5\ designates June 15, 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-NYSEAMER-2023-17).
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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. 2023-09333 Filed 5-2-23; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on May 3, 2023.
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