Notice2025-17243
Self-Regulatory Organizations; NYSE American LLC, NYSE Arca Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Changes To Amend Rules To Permit the Listing of Options on Commodity-Based Trust Shares
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
September 9, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 172 (Tuesday, September 9, 2025)</title>
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[Federal Register Volume 90, Number 172 (Tuesday, September 9, 2025)]
[Notices]
[Pages 43490-43491]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-17243]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-103870; File Nos. SR-NYSEAMER-2025-07, NYSEARCA-2025-
16]
Self-Regulatory Organizations; NYSE American LLC, NYSE Arca Inc.;
Notice of Designation of a Longer Period for Commission Action on
Proceedings To Determine Whether To Approve or Disapprove Proposed Rule
Changes To Amend Rules To Permit the Listing of Options on Commodity-
Based Trust Shares
September 4, 2025.
On February 24, 2025, NYSE American LLC (``NYSE American'') and
NYSE Arca Inc. (``NYSE Arca'') (each an ``Exchange,'' and,
collectively, the ``Exchanges'') 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\ proposed rule changes to amend their respective rules to
allow the Exchanges to list and trade options on Commodity-Based Trust
Shares. The proposed rule changes were published for comment in the
Federal Register on March 14, 2025 and March 17, 2025.\3\ On April 25,
2025, pursuant to Section 19(b)(2) of the Act,\4\ the Commission
designated a longer period within which to approve the proposed rule
changes, disapprove the proposed rule changes, or institute proceedings
to determine whether to disapprove the proposed rule changes.\5\ On
June 12, 2025, the Commission instituted proceedings under Section
19(b)(2)(B) of the Act \6\ to determine whether to approve or
disapprove the proposed rule changes.\7\ 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 No. 102555 (Mar. 10,
2025), 90 FR 12189 (Mar. 14, 2025) (SR-NYSEAMER-2025-07); Securities
Exchange Act Release No. 102577 (Mar. 11, 2025), 90 FR 12377 (Mar.
17, 2025) (SR-NYSEARCA-2025-16) (collectively, ``Notices'').
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 102931 (Apr. 25,
2025), 90 FR 18717 (May 1, 2025) (designating June 12, 2025, as the
date by which the Commission shall either approve, disapprove, or
institute proceedings to determine whether to disapprove SR-
NYSEAMER-2025-17) and Securities Exchange Act Release No. 102930
(Apr. 25, 2025), 90 FR 18718 (May 1, 2025) (designating June 15,
2025, as the date by which the Commission shall either approve,
disapprove, or institute proceedings to determine whether to
disapprove SR-NYSEArca-2025-16).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 103240, 90 FR 25687
(June 17, 2025).
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Section 19(b)(2) of the Act \8\ 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 the 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 changes were published for notice and comment in the
Federal Register on
[[Page 43491]]
March 14 and March 17, 2025.\9\ The 180th day after publication of the
Notices is September 10, 2025, for SR-NYSEAMER-2025-07 and September
13, 2025, for SR-NYSEARCA-2025-16. The Commission is extending the time
period for approving or disapproving the proposed rule changes for an
additional 60 days.
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\8\ 15 U.S.C. 78s(b)(2).
\9\ See Notices, supra note 3.
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The Commission finds it appropriate to designate a longer period
within which to issue an order approving or disapproving 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,\10\ designates November 9, 2025, as the date by which the
Commission shall either approve or disapprove File No. SR-NYSEAMER-
2025-07 and designates November 12, 2025, the as the date by which the
Commission shall either approve or disapprove File No. SR-NYSEARCA-
2025-16.
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\10\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(57).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-17243 Filed 9-8-25; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on September 9, 2025.
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