Document ID: SEC-2020-1564-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange, LLC
Posted Date: 2020-10-02T04:00Z

[Federal Register Volume 85, Number 192 (Friday, October 2, 2020)]
[Notices]
[Page 62362]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21764]

[[Page 62362]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-90023; File No. SR-NYSE-2020-67]

Self-Regulatory Organizations; New York Stock Exchange LLC, 
Notice of Designation of a Longer Period for Commission Action on a 
Proposed Rule Change to Amend Article IV, Section 4.05 of the 
Thirteenth Amended and Restated Operating Agreement of the Exchange

September 28, 2020.
    On August 7, 2020, New York Stock Exchange LLC (``NYSE'' 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 amend Article IV, Section 4.05 of the 
Thirteenth Amended and Restated Operating Agreement of the Exchange to 
allow the use of regulatory fines for charitable donations. The 
proposed rule change was published for comment in the Federal Register 
on August 25, 2020.\3\ The Commission has received no comment letters 
on the proposed rule change.
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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. 89615 (August 19, 
2020), 85 FR 52392 (August 25, 2020) (SR-NYSE-2020-67).
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    Section 19(b)(2) of the Act \4\ provides that within 45 days of the 
publication of notice of the filing of a propose rule change, or within 
such longer period up to 90 days as the Commission may designate if it 
find such longer period to be appropriate and published 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 October 9, 2020. The Commission is extending this 45-day period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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. 
Accordingly, pursuant to Section 19(b)(2) of the Act,\5\ the Commission 
designates November 23, 2020, as the date by which the Commission shall 
either approve or disapprove, or institute proceedings to determine 
whether to approve or disapprove, the proposed rule change (File No. 
SR-NYSE-2020-67).
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-21764 Filed 10-1-20; 8:45 am]
BILLING CODE 8011-01-P