Notice2025-18932
Self-Regulatory Organizations; New York Stock Exchange LLC, NYSE American LLC, NYSE Texas, Inc., NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend NYSE Rules 7.35A and 7.35C, NYSE American Rule 7.35E, NYSE Texas Rule 7.35, and NYSE Arca Rule 7.35-E
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 30, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 187 (Tuesday, September 30, 2025)</title>
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[Federal Register Volume 90, Number 187 (Tuesday, September 30, 2025)]
[Notices]
[Pages 47044-47045]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-18932]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-104042; File No. SR-NYSE-2025-28, NYSEAMER-2025-47,
NYSETEX-2025-24, NYSEARCA-2025-60]
Self-Regulatory Organizations; New York Stock Exchange LLC, NYSE
American LLC, NYSE Texas, Inc., NYSE Arca, Inc.; Notice of Designation
of a Longer Period for Commission Action on a Proposed Rule Change To
Amend NYSE Rules 7.35A and 7.35C, NYSE American Rule 7.35E, NYSE Texas
Rule 7.35, and NYSE Arca Rule 7.35-E
September 25, 2025.
On August 5, 2025, New York Stock Exchange LLC, NYSE American LLC,
NYSE Texas, Inc., and on August 15, 2025, NYSE Arca, Inc.,
(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 rules pertaining to
the calculation of the Auction Reference Price. The proposed rule
changes were published for comment in the Federal Register on August
21, 2025 \3\ and August 22, 2025.\4\ The Commission has received no
comments regarding 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. 103739 (Aug. 18,
2025), 90 FR 40870 (NYSETEX-2025-24).
\4\ See Securities Exchange Act Release Nos. 103740 (Aug. 19,
2025), 90 FR 41143 (NYSEARCA-2025-60); 103741 (Aug, 19, 2025), 90 FR
41153 (NYSEAMER-2025-47); 103742 (Aug. 19, 2025), 90 FR 41149 (NYSE-
2025-28).
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Section 19(b)(2) of the Act \5\ 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 these proposed rule
changes are October 5, 2025 for File No. SR-NYSETEX-2025-24, and
October 6, 2025 for File Nos. SR-NYSE-2025-28, SR-NYSEAMER-2025-47, and
SR-NYSEARCA-2025-60. The Commission is extending these 45-day time
periods.
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\5\ 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 and the issues
raised therein. Accordingly, the Commission, pursuant to Section
19(b)(2) of the Act,\6\ designates November 19, 2025, as the date by
which the Commission shall either approve or disapprove, or institute
proceedings to determine whether to disapprove, one of the proposed
rule changes (File No. SR-NYSETEX-2025-24) and November 20, 2025, as
the date by which the Commission shall either approve or disapprove, or
institute proceedings to determine whether to disapprove, the remaining
proposed rule changes (File Nos. SR-NYSE-2025-28, SR-NYSEAMER-2025-47,
and SR-NYSEARCA-2025-60).
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\6\ Id.
[[Page 47045]]
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For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
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\7\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-18932 Filed 9-29-25; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on September 30, 2025.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.