Document ID: SEC-2022-0221-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange LLC
Posted Date: 2022-02-14T05:00Z

[Federal Register Volume 87, Number 30 (Monday, February 14, 2022)]
[Notices]
[Page 8305]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-03018]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 94181; File No. SR-NYSE-2021-74]

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 the Provisions of Rule 7.35B

February 8, 2022.
    On December 14, 2021, New York Stock Exchange LLC (``NYSE'') 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 
Rule 7.35B relating to the cancellation of MOC, LOC, and Closing IO 
Orders before the Closing Auction. The proposed rule change was 
published for comment in the Federal Register on December 29, 2021.\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. 93849 (Dec. 22, 
2021), 86 FR 74204 (Dec. 29, 2021 (``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 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 February 12, 2022. 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 proposed rule change.\5\ 
Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates March 29, 2022, 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-2021-74).
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    \5\ The Commission notes that the exchange has a different 
pending proposed rule change that also relates to the NYSE Closing 
Auction. See Securities Exchange Act Release No. 93809 (Dec. 17, 
2022), 86 FR 73060 (Dec. 23, 2021) (File No. SR-NYSE-2021-44) (Order 
Instituting Proceedings).
    \6\ Id.
    \7\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03018 Filed 2-11-22; 8:45 am]
BILLING CODE 8011-01-P