Document ID: SEC-2022-0202-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2022-02-09T05:00Z

[Federal Register Volume 87, Number 27 (Wednesday, February 9, 2022)]
[Notices]
[Pages 7517-7518]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02664]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94141; File No. SR-NYSEArca-2021-68]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of 
Designation of Longer Period for Commission Action on Proceedings To 
Determine Whether To Approve or Disapprove a Proposed Rule Change To 
Adopt New NYSE Arca Rule 6.91P-O

February 3, 2022.
    On July 23, 2021, NYSE Arca, Inc. (``NYSE Arca'' or the 
``Exchange'') 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 adopt new Exchange Rule 6.91P-O to govern the 
trading of

[[Page 7518]]

Electronic Complex Orders on the Exchange's Pillar trading platform 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 
10, 2021.\3\ On September 20, 2021, pursuant to Section 19(b)(2) of the 
Act,\4\ the Commission designated a longer period within which to 
approve the proposed rule change, disapprove the proposed rule change, 
or institute proceedings to determine whether to approve or disapprove 
the proposed rule change.\5\ On October 29, 2021, the Commission 
instituted proceedings to determine whether to approve or disapprove 
the proposed rule change.\6\ The Commission has received no comments 
regarding the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 92563 (August 4, 2021), 
86 FR 43704 (``Notice'').
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 93057 (September 20, 
2021), 86 FR 53128 (September 24, 2021). The Commission designated 
November 8, 2021, as the date by which the Commission shall approve 
or disapprove, or institute proceedings to determine whether to 
approve or disapprove, the proposed rule change.
    \6\ See Securities Exchange Act Release No. 93466 (October 29, 
2021), 86 FR 60955 (November 4, 2021).
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    Section 19(b)(2) of the Act \7\ 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 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 
change was published for notice and comment in the Federal Register on 
August 10, 2021.\8\ February 6, 2022, is 180 days from that date, and 
April 7, 2022, is 240 days from that date. The Commission finds it 
appropriate to designate a longer period within which to issue an order 
approving or disapproving the proposed rule change so that it has 
sufficient time to consider the proposed rule change. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\9\ designates 
April 7, 2022, as the date by which the Commission shall either approve 
or disapprove the proposed rule change (File No. SR-NYSEArca-2021-68).
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    \7\ 15 U.S.C. 78s(b)(2).
    \8\ See Notice, supra note 3.
    \9\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(57).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-02664 Filed 2-8-22; 8:45 am]
BILLING CODE 8011-01-P