Document ID: SEC-2021-1054-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Arca, Inc.
Posted Date: 2021-08-05T04:00Z

[Federal Register Volume 86, Number 148 (Thursday, August 5, 2021)]
[Notices]
[Page 42956]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-16674]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-92531; File No. SR-NYSEArca-2021-07]

Self-Regulatory Organizations; NYSE Arca, 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 
Amend NYSE Arca's Co-Location Services and Fee Schedule To Add Two 
Partial Cabinet Solution Bundles

July 30, 2021.
    On January 19, 2021, NYSE Arca, Inc. (``NYSE Arca'' 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 the Exchange's co-location rules to add 
two partial cabinet solution bundles. The proposed rule change was 
published for comment in the Federal Register on February 8, 2021.\3\ 
On March 18, 2021, the Commission extended the time period within which 
to approve the proposed rule change, disapprove the proposed rule 
change, or institute proceedings to determine whether to approve or 
disapprove the proposed rule change, to May 9, 2021.\4\ On May 6, 2021, 
the Commission instituted proceedings to determine whether to approve 
or disapprove the proposed rule change.\5\ The Commission received a 
comment letter on the proposal from the Exchange.\6\
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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. 91044 (February 2, 
2021), 86 FR 8662 (SR-NYSEArca-2021-07) (``Notice'').
    \4\ See Securities Exchange Act Release No. 91360, 86 FR 15763 
(March 24, 2021) (SR-NYSEArca-2021-07).
    \5\ See Securities Exchange Act Release No. 91785 (May 6, 2021), 
86 FR 26082 (May 12, 2021) (SR-NYSE-2021-05, SR-NYSENAT-2021-01, SR-
NYSEArca-2021-07, SR-NYSEAMER-2021-04, NYSECHX-2021-01).
    \6\ See, respectively, letter dated July 6, 2021 from Elizabeth 
K. King, Chief Regulatory Officer, ICE, General Counsel and 
Corporate Secretary, NYSE 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-2021-05/srnyse202105.htm.
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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 change was published for comment in the Federal Register 
on February 8, 2021.\8\ The 180th day after publication of the Notice 
is August 7, 2021. The Commission is extending the time period for 
approving or disapproving the proposal for an additional 60 days.
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    \7\ 15 U.S.C. 78s(b)(2).
    \8\ See supra note 3.
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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 change so that it has sufficient time to consider the 
proposed rule changes along with the comment received. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\9\ designates 
October 6, 2021, as the date by which the Commission should either 
approve or disapprove the proposed rule change (File No. SR-NYSEArca-
2021-07).
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    \9\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-16674 Filed 8-4-21; 8:45 am]
BILLING CODE 8011-01-P