Document ID: SEC-2019-0664-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange, LLC
Posted Date: 2019-05-16T04:00Z

[Federal Register Volume 84, Number 95 (Thursday, May 16, 2019)]
[Notices]
[Pages 22173-22174]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10124]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85826; File No. SR-NYSE-2019-09]

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 Exchange Rules 104 and 36 To Require 
Designated Market Makers To Communicate With a Designed Senior 
Representative of the Issuers of the DMM's Assigned Securities

May 10, 2019.
    On March 8, 2019, New York Stock Exchange LLC (``NYSE'' or 
``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 NYSE Rules 104 and 36 to require 
Designated Market Makers (``DMMs'') to communicate with a designated 
senior representatives of the issuers of the DMM's assigned securities. 
The proposed rule change was published in the Federal Register on March 
26, 2019.\3\ The Commission has received no comments on the proposal.
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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. 85367 (Mar. 20, 
2019), 84 FR 11382 (Mar. 26, 2019) (``Notice'').
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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 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, disapprove, 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 May 10, 2019. The Commission is extending this 
45-day time 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 proposal. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates June 
24, 2019, as the date by which the Commission shall either approve or 
disapprove, or institute

[[Page 22174]]

proceedings to determine whether to approve or disapprove, the proposed 
rule change (File No. SR-NYSE-2019-09).
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    \5\ Id.

    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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Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-10124 Filed 5-15-19; 8:45 am]
 BILLING CODE 8011-01-P