Notice2025-10977
Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE American LLC; NYSE Arca, Inc.; NYSE Texas, Inc.; NYSE National, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Changes To Amend the Virtual Control Circuit Service in the Connectivity Fee Schedule
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
June 17, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 115 (Tuesday, June 17, 2025)</title>
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[Federal Register Volume 90, Number 115 (Tuesday, June 17, 2025)]
[Notices]
[Pages 25698-25699]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-10977]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-103224; File Nos. SR-NYSE-2025-12; SR-NYSEAMER-2025-21;
SR-NYSEARCA-2025-29; SR-NYSETEX-2025-03; SR-NYSENAT-2025-07]
Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE
American LLC; NYSE Arca, Inc.; NYSE Texas, Inc.; NYSE National, Inc.;
Notice of Designation of a Longer Period for Commission Action on
Proposed Rule Changes To Amend the Virtual Control Circuit Service in
the Connectivity Fee Schedule
June 11, 2025.
On April 7, 2025, New York Stock Exchange LLC, NYSE American LLC,
NYSE Arca, Inc., NYSE Texas, Inc., and NYSE National, Inc.
(``Exchanges'') each 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 the connectivity fee schedule to add fees
for connectivity from the Mahwah Data Center to one or more trading
floors. The proposed rule changes were published for comment in the
Federal Register on April 28, 2025.\3\ The Commission has not received
any comments on the proposed rule changes.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release Nos. 102898 (April 22,
2025), 90 FR 17635 (SR-NYSE-2025-12); 102897 (April 22, 2025), 90 FR
17658 (SR-NYSEAMER-2025-21); 102899 (April 22, 2025), 90 FR 17640
(SR-NYSEARCA-2025-29); 102902 (April 22, 2025), 90 FR 17665 (SR-
NYSETEX-2025-03); 102900 (April 22, 2025), 90 FR 17675 (SR-NYSENAT-
2025-07).
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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
[[Page 25699]]
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 changes should be disapproved. The
45th day after publication of the notices for these proposed rule
changes is June 12, 2025. The Commission is extending this 45-day time
period.
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\4\ 15 U.S.C. 78s(b)(2).
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The Commission finds it appropriate to designate a longer period
within which to take action on the proposed rule changes so that it has
sufficient time to consider the proposed rule changes. Accordingly, the
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates July
27, 2025, as the date by which the Commission shall either approve or
disapprove, or institute proceedings to determine whether to
disapprove, the proposed rule changes (File Nos. SR-NYSE-2025-12, SR-
NYSEAMER-2025-21, SR-NYSEARCA-2025-29, SR-NYSETEX-2025-03, SR-NYSENAT-
2025-07).
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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. 2025-10977 Filed 6-16-25; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on June 17, 2025.
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