2021-20656. Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt New Rule 6.91P-O  

  • Start Preamble September 20, 2021.

    On July 23, 2021, NYSE Arca, Inc. (“NYSE Arca” or the “Exchange”) filed with the Securities and Exchange Commission (the “Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 Start Printed Page 53129 (“Act”) [1] and Rule 19b-4 thereunder,[2] a proposed rule change to adopt new Exchange Rule 6.91P-O to reflect the implementation of the Exchange's Pillar trading technology on its options market and to make conforming amendments to Exchange Rule 6.47A-O. The proposed rule change was published for comment in the Federal Register on August 4, 2021.[3] The Commission has received no comment letters regarding the proposed rule change.

    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 the proposed rule change is September 24, 2021.

    The Commission is extending the 45-day 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 to consider and act on the Proposed Rule Change. Accordingly, pursuant to Section 19(b)(2) of the Act,[5] the Commission designates November 8, 2021, as the date by which the Commission shall either approve, disapprove, or institute proceedings to determine whether to disapprove the proposed rule change (File No. SR-NYSEARCA-2021-68).

    Start Signature

    For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.[6]

    J. Matthew DeLesDernier,

    Assistant Secretary.

    End Signature End Preamble

    Footnotes

    3.  Securities Exchange Act Release No. 92563 (August 4, 2021), 86 FR 43704 (August 10, 2021) (SR-NYSEARCA-2021-68) (“Notice”).

    Back to Citation

    [FR Doc. 2021-20656 Filed 9-23-21; 8:45 am]

    BILLING CODE 8011-01-P

Document Information

Published:
09/24/2021
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
2021-20656
Pages:
53128-53129 (2 pages)
Docket Numbers:
Release No. 34-93057, File No. SR-NYSEARCA-2021-68
PDF File:
2021-20656.pdf