Document ID: SEC-2018-1148-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE American, LLC
Posted Date: 2018-07-24T04:00Z

[Federal Register Volume 83, Number 142 (Tuesday, July 24, 2018)]
[Notices]
[Page 35040]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-15765]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83668; File No. SR-NYSEAMER-2018-22]

Self-Regulatory Organizations; NYSE American LLC; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Amend Exchange Rule 7.35E Relating to the Auction Reference 
Price for a Trading Halt Auction Following a Regulatory Halt

July 18, 2018.
    On May 15, 2018, NYSE American LLC (``Exchange'' or ``NYSE 
American'') 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 Exchange Rule 7.35E relating to the 
Auction Reference Price for a Trading Halt Auction following a 
regulatory halt. The proposed rule change was published for comment in 
the Federal Register on June 5, 2018.\3\ The Commission has received 
one comment letter in response to the proposed rule change.\4\
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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. 83341 (May 30, 
2018), 83 FR 2612 (June 5, 2018).
    \4\ See Letter from Duane Fiedler, to Secretary, Securities and 
Exchange Commission (June 23, 2018).
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    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 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 the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved. 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.
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    \5\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates September 3, 2018, 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-NYSEAMER-2018-22).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-15765 Filed 7-23-18; 8:45 am]
BILLING CODE 8011-01-P