Document ID: SEC-2021-0322-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange, LLC
Posted Date: 2021-03-08T05:00Z

[Federal Register Volume 86, Number 43 (Monday, March 8, 2021)]
[Notices]
[Page 13433]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-04680]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-91242; File No. SR-NYSE-2020-90]

Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Withdrawal of a Proposed Rule Change To Amend the Requirement 
Applicable to Special Purpose Acquisition Companies Upon Consummation 
of a Business Combination Concerning Compliance With the Round Lot 
Shareholder Requirement

March 2, 2021.
    On October 27, 2020, 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 its listing requirements applicable to 
special purpose acquisition companies upon consummation of a business 
combination by allowing such companies 15 calendar days following the 
closing of a business combination to demonstrate compliance with the 
Exchange's round lot shareholder requirement.
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    \1\ 15 U.S.C.78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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    The proposed rule change was published for comment in the Federal 
Register on November 16, 2020.\3\ On December 21, 2020, pursuant to 
Section 19(b)(2) of the Act,\4\ the Commission designated a longer 
period within which to approve the proposed rule change, disapprove the 
proposed rule change, or institute proceedings to determine whether to 
disapprove the proposed rule change to February 14, 2021.\5\ On 
February 12, 2021, the Commission instituted proceedings to determine 
whether to approve or disapprove the proposed rule change.\6\ On 
February 16, 2021, the Exchange withdrew the proposed rule change (SR-
NYSE-2020-90).
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    \3\ See Securities Exchange Act Release No. 90382 (November 9, 
2020), 85 FR 73121 (``Notice''). Comment on the proposed rule change 
is located at: https://www.sec.gov/comments/sr-nyse-2020-90/srnyse202090.htm.
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 90739, 85 FR 85759 
(December 29, 2020).
    \6\ See Securities Exchange Act Release No. 91120, 86 FR 10379 
(February 19, 2021).

    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)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-04680 Filed 3-5-21; 8:45 am]
BILLING CODE 8011-01-P