Document ID: SEC-2021-1799-0002
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange, LLC; NYSE American, LLC; NYSE Arca, Inc.; NYSE Chicago, Inc.; NYSE National, Inc.
Posted Date: 2022-05-18T04:00Z

[Federal Register Volume 87, Number 96 (Wednesday, May 18, 2022)]
[Notices]
[Page 30321]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-10615]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94899; File Nos. SR-NYSE-2021-67, SR-NYSEAMER-2021-43, 
SR-NYSEArca-2021-97, SR-NYSECHX-2021-17, SR-NYSENAT-2021-23]

Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE 
American LLC, NYSE Arca, Inc., NYSE Chicago, Inc., and NYSE National, 
Inc.; Notice of Designation of a Longer Period for Commission Action on 
Proceedings To Determine Whether To Approve or Disapprove a Proposed 
Rule Change To Offer Wireless Connectivity to CME Group Data and 
Establish Associated Fees

May 12, 2022.
    On November 3, 2021, New York Stock Exchange LLC, NYSE American 
LLC, NYSE Arca, Inc., NYSE Chicago, Inc., and NYSE National, Inc. 
(collectively, the ``Exchanges'') each 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 their respective fee 
schedules to offer wireless connectivity to CME Group, Inc. (``CME 
Group'') market data (``CME Group Data'') and establish associated 
fees. Each proposed rule change was immediately effective upon filing 
with the Commission pursuant to Section 19b(3)(A) of the Act.\3\ The 
proposed rule changes were published for comment in the Federal 
Register on November 18, 2021.\4\ On December 17, 2021, the Commission 
issued an order suspending the proposed rule changes and instituted 
proceedings to determine whether to approve or disapprove the proposed 
rule change.\5\ The Commission has received comment letters on the 
proposals.\6\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A).
    \4\ See Securities Exchange Act Release Nos. 93563 (November 12, 
2021), 86 FR 64561 (November 18, 2021) (SR-NYSE-2021-67); 93561 
(November 12, 2021), 86 FR 64580 (November 18, 2021) (SR-NYSEAMER-
2021-43); 93564 (November 12, 2021), 86 FR 64570 (November 18, 2021) 
(SR-NYSEArca-2021-97); 93565 (November 12, 2021), 86 FR 64556 
(November 18, 2021) (SR-NYSECHX-2021-17); and 93567 (November 12, 
2021), 86 FR 64576 (November 18, 2021) (SR-NYSENAT-2021-23) 
(collectively, the ``Notices'').
    \5\ See Securities Exchange Act Release No. 93810 (December 17, 
2021), 86 FR 73026 (December 23, 2021).
    \6\ See letter dated January 13, 2022 from Jim Considine, Chief 
Financial Officer, McKay Brothers, LLC to Vanessa Countryman, 
Secretary, Commission and letter dated April 13, 2022 from Martha 
Redding, Associate General Counsel, Corporate Secretary, NYSE Group, 
Inc. (``NYSE Group'') to Vanessa Countryman, Secretary, Commission. 
All comments received by the Commission on the proposed rule change 
are available on the Commission's website at: https://www.sec.gov/comments/sr-nyse-2021-67/srnyse202167.htm. NYSE Group filed comment 
letters on behalf of all of the Exchanges.
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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 the 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 changes were published for comment in the Federal 
Register on November 18, 2021.\8\ The 180th day after publication of 
the Notices is May 17, 2022. The Commission is extending the time 
period for approving or disapproving the proposals for an additional 60 
days.
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    \7\ 15 U.S.C. 78s(b)(2).
    \8\ See supra note 4.
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    The Commission finds that it is appropriate to designate a longer 
period within which to issue an order approving or disapproving the 
proposed rule changes so that it has sufficient time to consider the 
proposed rule changes along with the comments received. Accordingly, 
the Commission, pursuant to Section 19(b)(2) of the Act,\9\ designates 
July 16, 2022 as the date by which the Commission should either approve 
or disapprove the proposed rule changes (File Nos. SR-NYSE-2021-67, SR-
NYSEAMER-2021-43, SR-NYSEArca-2021-97, SR-NYSECHX-2021-17, SR-NYSENAT-
2021-23).
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    \9\ 15 U.S.C. 78s(b)(2).
    \10\ 17 CFR 200.30-3(a)(57).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-10615 Filed 5-17-22; 8:45 am]
BILLING CODE 8011-01-P