52530 Federal Register / Vol. 86, No. 180 / Tuesday, September 21, 2021 / Notices 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 92543 

(August 2, 2021), 86 FR 43289 (August 6, 2021). 

4Comments received on the proposed rule change 

are available at: https://www.sec.gov/comments/srcboebzx-2021-051/srcboebzx2021051.htm. 

5 15 U.S.C. 78s(b)(2). 

6 Id. 

7 17 CFR 200.30–3(a)(31). 

1 15 U.S.C. 78s(b)(1). 

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4See Securities Exchange Act Release No. 86360 

(July 11, 2019), 84 FR 34210 (July 17, 2019) (SR– 

NYSE–2019–39). 

5See Securities Exchange Act Release No. 88373 

(March 12, 2020), 85 FR 15533 (March 18, 2020) 

(SR–NYSE–2020–14). 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–92989; File No. SR– 

CboeBZX–2021–051] 

Self-Regulatory Organizations; Cboe 

BZX Exchange, Inc.; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To List and Trade Shares 

of the ARK 21Shares Bitcoin ETF 

Under BZX Rule 14.11(e)(4), 

Commodity-Based Trust Shares 

September 15, 2021. 

On July 20, 2021, Cboe BZX 

Exchange, Inc. (‘‘BZX’’) 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 

list and trade shares of the ARK 

21Shares Bitcoin ETF under BZX Rule 

14.11(e)(4), Commodity-Based Trust 

Shares. The proposed rule change was 

published for comment in the Federal 

Register on August 6, 2021.3 The 

Commission has received comments on 

the proposed rule change.4

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 (i) as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or (ii) 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 September 20, 

2021. 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 and the comments received. 

Accordingly, pursuant to Section 

19(b)(2) of the Act,6 the Commission 

designates November 4, 2021, 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–CboeBZX– 

2021–051). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–20328 Filed 9–20–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–93001; File No. SR–NYSE– 

2021–50] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend Its 

Price List 

September 15, 2021. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on August 

31, 2021, New York Stock Exchange 

LLC (‘‘NYSE’’ or the ‘‘Exchange’’) filed 

with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the selfregulatory organization. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend its 

Price List to extend the end of the 

Decommission Period from August 2021 

to September 2021. The Exchange 

proposes to implement these changes to 

its Price List effective September 1, 

2021. The proposed rule change is 

available on the Exchange’s website at 

www.nyse.com, at the principal office of 

the Exchange, and at the Commission’s 

Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The purpose of this filing is to 

provide additional time for member 

organizations to finalize their transition 

from older to newer and more efficient 

Pillar technology. The Exchange is not 

proposing to adjust the amount of the 

port fees or the fees charged to offset the 

Exchange’s continuing costs of 

supporting legacy ports, which will 

remain at the current level for all market 

participants. 

Effective July 3, 2019, the Exchange 

introduced transition pricing designed 

to provide member organizations an 

extended transition period to connect to 

the Exchange using Pillar technology 

with no fee increase. Specifically, the 

Exchange (1) adopted a cap on monthly 

fees for the use of certain ports 

connecting to the Exchange for the 

billing months July 2019 through March 

2020 (the ‘‘Transition Period’’); (2) 

adopted a Decommission Extension Fee 

applicable for the billing months April 

2020 through September 2020 (the 

‘‘Decommission Period’’) for legacy port 

connections; and (3) prorated the 

monthly fee for certain ports activated 

after July 1, 2019, effective April 1, 

2020.4

Effective March 2, 2020, the Exchange 

(1) extended the end of the Transition 

Period from March 2020 to August 2020 

for member organizations to transition 

to the utilization of ports that connect 

to the Exchange using Pillar technology; 

(2) shortened the Decommission Period 

from six months (April 2020–September 

2020) to four months (September– 

December 2020); (3) extended the 

effective date that the Exchange would 

prorate the monthly fee for certain ports 

activated on or after July 1, 2019 from 

April 1, 2020 to September 1, 2020; and 

(4) revised the fees charged for legacy 

port connections during the 

Decommission Period.5


lotter on DSK11XQN23PROD with NOTICES1