Document ID: SEC-2019-1767-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: NYSE Chicago, Inc.
Posted Date: 2019-11-25T05:00Z

[Federal Register Volume 84, Number 227 (Monday, November 25, 2019)]
[Notices]
[Pages 64942-64946]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25456]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-87573; File No. SR-NYSECHX-2019-19]

Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of 
Filing and Immediate Effectiveness of Proposed Rule Change Adopting 
Rules Relating to Order Audit Trail System Requirements

November 19, 2019.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby 
given that, on November 6, 2019, the NYSE Chicago, Inc. (``NYSE 
Chicago'' or the ``Exchange'') filed with the Securities and Exchange 
Commission (the ``Commission'') the proposed rule change as described 
in Items I and II below, which Items have been prepared by the self-
regulatory organization. The Commission is publishing this notice to 
solicit comments on the proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 15 U.S.C. 78a.
    \3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange proposes to adopt rules relating to Order Audit Trail 
System requirements, and amend Article 11, Rule 4 in anticipation of 
the Exchange's transition to trading to the Pillar trading platform. 
The proposed rule change is available on the Exchange's website at 
www.nyse.com, at the principal office of the Exchange, and at the 
Commission's Public Reference Room.

II. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, the self-regulatory organization 
included statements concerning the purpose of, and basis for, the 
proposed rule change and discussed any comments it received on the 
proposed rule change. The text of those statements may be examined at 
the places specified in Item IV below. The Exchange has prepared 
summaries, set forth in sections A, B, and C below, of the most 
significant parts of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The Exchange proposes to adopt rules relating to Order Audit Trail 
System (``OATS'') requirements, and amend Article 11, Rule 4 in 
anticipation of the Exchange's transition to trading to the Pillar 
trading platform.\4\ Pillar is an integrated trading technology 
platform designed to use a single specification for connecting to the 
equites and options markets operated by the Exchange and its 
affiliates, NYSE Arca, Inc. (``NYSE Arca''), NYSE American, LLC (``NYSE 
American''), NYSE National, Inc. (``NYSE National''), and New York 
Stock Exchange LLC (``NYSE'') (the ``Affiliated Exchanges'').
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    \4\ The Exchange has announced that, subject to rule approvals, 
it will transition to trading on Pillar on November 4, 2019. See 
Trader Update, available at https://www.nyse.com/publicdocs/nyse/markets/nyse-chicago/NYSE_Chicago_Migration.pdf. The Exchange 
originally filed the proposed rule change on October 31, 2019 (SR-
NYSECHX-2019-17) and withdrew such filing on November 6, 2019, and 
is now submitting this proposed rule change to include additional 
specificity.
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Background
    In July 2018, the Exchange and its direct parent company were 
acquired by NYSE Group, Inc. (``Transaction'').\5\ As a result of the 
Transaction, the Exchange became part of a corporate family including 
the Affiliated Exchanges. Following the Transaction, the Exchange 
continued to operate as a separate self-regulatory organization with 
rules, membership rosters and listings distinct from the rules, 
membership rosters and listings of the other Affiliated Exchanges.
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    \5\ See Securities Exchange Act Release No. 83635 (July 13, 
2018), 83 FR 34182 (July 19, 2018) (SR-CHX-2018-004); see also 
Securities Exchange Act Release No. 83303 (May 22, 2018), 83 FR 
24517 (May 29, 2018) (SR-CHX-2018-004).
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    The Exchange recently adopted the rule numbering framework of NYSE 
National rules, which are organized in 13 Rules.\6\ In addition, the 
Exchange has amended its rules to support the transition of trading in 
Tape A, Tape B, and Tape C-listed securities from its current trading 
platform to a fully automated price-time priority allocation model that 
operates on the Pillar trading

[[Page 64943]]

platform.\7\ As part of this transition, the Exchange will continue to 
support Institutional Brokers, as provided for under Article 17, and is 
updating the Brokerplex system, which is described in Article 17, Rule 
5, to interface with the Pillar trading platform.\8\
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    \6\ See Securities Exchange Act Release No. 85297 (March 12, 
2019), 84 FR 9854 (March 18, 2019) (SR-NYSECHX-2019-03) (Notice of 
Filing and Immediate Effectiveness) (``Framework Filing'').
    \7\ See Securities Exchange Act Release No. 87264 (October 9, 
2019), 84 FR 55345 (October 16, 2019) (SR-NYSECHX-2019-08) (Approval 
Order).
    \8\ The term ``Institutional Broker'' is defined in Article 1, 
Rule 1(n) to mean a member of the Exchange who is registered as an 
Institutional Broker pursuant to the provisions of Article 17 and 
has satisfied all Exchange requirements to operate as an 
Institutional Broker on the Exchange.
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    As described in the Framework Filing, Rule 0 currently provides 
that the Exchange and FINRA are parties to a Regulatory Services 
Agreement (``RSA'') pursuant to which FINRA has agreed to perform 
certain regulatory functions of the Exchange on behalf of the 
Exchange.\9\ The Exchange notes that pursuant to the RSA, FINRA will 
perform certain regulatory surveillance of trading activity on the 
Exchange and conduct various regulatory services on behalf of the 
Exchange, similar to what FINRA has contracted to do for the Affiliated 
Exchanges. Notwithstanding the RSA, the Exchange will retain legal 
responsibility for the regulation of its members and its market and the 
performance of FINRA as its regulatory services provider.
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    \9\ See Rule 0 (Regulation of the Exchange and Participants). 
The rule also provides that notwithstanding the fact that the 
Exchange has entered into an RSA with FINRA to perform certain of 
the Exchange's functions, the Exchange shall retain ultimate legal 
responsibility for, and control of, such functions.
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    Because of both the transition to the Pillar trading platform and 
the regulatory relationship with FINRA, the Exchange proposes to amend 
specified rules relating to regulatory reporting requirements. First, 
the Exchange proposes to add new Rules 6.7400 through 6.7470 that are 
based on NYSE National OATS rules relating to order audit trail system 
requirements. These OATS requirements are in turn based on the FINRA 
OATS requirements, and will facilitate the regulatory relationship with 
FINRA. Second, the Exchange proposes to decommission one of the systems 
for Institutional Brokers to report certain trading activity on away 
markets, as specified in Article 11, Rule 4. With this proposed change, 
Institutional Brokers will continue to be required to report this 
trading activity, but will no longer be able to submit this data via 
regulatory drop copies into Brokerplex.
Proposed Rule 6.7400 (Order Audit Trail System)
    The Exchange proposes OATS rules based on NYSE National Rules 
6.7400 Series, which in turn are based on the FINRA Rules 7400 Series. 
The proposed NYSE Chicago Rule 6.7400 Series would consist of proposed 
Rules 6.7410 through 6.7470, which are based on NYSE National Rules 
6.7410 through 6.7470 without any substantive differences. The Exchange 
proposes non-substantive differences throughout the Rule 6.7400 Series 
to refer to the Exchange instead of NYSE National.
     Proposed Rule 6.7410 (Definitions) would set forth 
definitions used for purposes of the Rule 6.7400 Series and is based on 
NYSE National Rule 6.7410 without any substantive differences other 
than to refer to Exchange members as Participants rather than ETP 
Holders.
     Proposed Rule 6.7420 (Applicability) would specify that 
the requirements of the Rule 6.7400 Series are applicable to all 
Participants and their associated persons and to all NMS Stocks that 
trade on the Exchange, and is based on NYSE National Rule 6.720 without 
any differences other than to refer to Exchange members as Participants 
rather than ETP Holders.
     Proposed Rule 6.7430 (Synchronization of ETP Holder 
Business Clocks) would require Participants to synchronize business 
clocks used for purposes of recording the date and time of specified 
events, and is based on NYSE National Rule 6.7430 without any 
differences other than to refer to Exchange members as Participants 
rather than ETP Holders.
     Proposed Rule 6.7440 (Recording of Order Information) 
would require Participants to comply with FINRA Rule 7440 as if such 
rule were part of the Exchange's rules and is based on NYSE National 
Rule 6.7440 without any substantive differences other than to refer to 
Exchange members as Participants rather than ETP Holders.
     Proposed Rule 6.7450 (Order Data Transmission 
Requirements) would require Participants to comply with FINRA Rule 7450 
as if such rule were part of the Exchange's rules and is based on NYSE 
National Rule 6.7450 without any substantive differences other than to 
refer to Exchange members as Participants rather than ETP Holders.
     Proposed Rule 6.7460 (Violation of Order Audit Trail 
System Rules) would provide that failure of a Participant or associated 
person to comply with the requirements of proposed Rules 6.7410 through 
6.7460 may be considered conduct that is inconsistent with high 
standards of commercial honor and just and equitable principles of 
trade. This proposed rule is based on NYSE National Rule 6.7460 with a 
non-substantive difference to cross reference Article 9, Rule 2, 
instead of NYSE National Rule 11.3.1 and to refer to an Exchange member 
as a Participant rather than an ETP Holder.
     Proposed Rule 6.7470 (Exemption to the Order Recording and 
Data Transmission Requirements) would provide for how a Participant may 
apply for an exemption from the Rule 6.7400 Series and is based on NYSE 
National Rule 6.7470-E without any differences other than to refer to 
an Exchange member as a Participant rather than an ETP Holder. Proposed 
Rule 6.7470(c) provides that the rule would be in effect until November 
15, 2019, the date prescribed by the National Market System Plan 
Governing the Consolidated Audit Trail (``CAT NMS Plan'').
    The Exchange does not currently require its Participants to 
maintain order information pursuant to an order tracking system and 
therefore, does not have the OATS rules or similar rules in its 
rulebook. The Exchange does not believe that requiring Participants to 
comply with the OATS requirements would impose an undue burden on such 
Participants or its associated persons. In fact, Participants that are 
also FINRA members (``Dual Members'') are already be subject to FINRA's 
OATS requirements. Similarly, because the Affiliated Exchanges have 
rules based on the FINRA OATS requirements, Participants that are not 
members of FINRA, but are members of the Affiliated Exchanges will 
already be subject to such OATS requirements.\10\ To the extent an 
Exchange Participant is not also a member of FINRA, one of the 
Affiliated Exchanges, or Nasdaq (which also requires compliance with 
FINRA OATS requirements), the Exchange believes that the OATS 
requirements for non-FINRA members are not onerous, as order 
information pursuant to those rules need only be submitted upon 
request.\11\
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    \10\ The Affiliated Exchanges all have substantially similar 
requirements and the proposed rules are similar to the rules adopted 
by the Affiliated Exchanges. See NYSE Rules 7410 through 7470; NYSE 
Arca Rules 6.7410-E through 6.7470-E; NYSE American Rules 7410-
Equities through 7470-Equities; and NYSE National Rules 6.7410 
through 6.7470. See also Nasdaq Rule 7400A Series.
    \11\ See proposed Rule 6.7450(b).
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    Finally, Institutional Brokers will not have to undertake any 
additional obligations under the proposed OATS requirements because the 
Exchange will be providing an OATS-compliant system for Institutional 
Brokers by

[[Page 64944]]

updating Brokerplex to automatically capture and report to FINRA the 
OATS requirements.\12\ Accordingly, if an Institutional Broker has not 
previously been a member of either FINRA or an Affiliated Exchange that 
has OATS requirements, such Institutional Broker will be able to comply 
with the OATS requirements. The Exchange-provided OATS system for 
Institutional Brokers will be available contemporaneous with the 
transition to trading on the Pillar trading platform.
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    \12\ In preparation for the transition to trading to Pillar, 
Institutional Brokers have successfully tested the OATS-compliant 
Brokerplex.
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    The Exchange believes that requiring Participants to comply with 
the OATS rules will further promote cross-market surveillance and 
enhance FINRA's ability to conduct surveillance and investigations for 
the Exchange under the RSA. The proposed sub-numbering of the OATS 
Rules (i.e., 7410-7470) mirrors the rule numbers for the OATS rules on 
FINRA, NYSE, and NYSE National.
Proposed Decommissioning of Exchange-Provided Regulatory Reporting 
Systems
    The Exchange currently provides a system that facilitates the 
ability for Participants to provide reports of specified off-exchange 
trading activity to the Exchange, as described in Interpretation and 
Policies .01 to Article 11, Rule 4. The only Participants that use this 
regulatory reporting system are the Institutional Brokers. With the 
transition to Pillar, the Exchange proposes to decommission this 
regulatory reporting system and amend the rules that require use of 
this specific system. This proposed rule change does not change in any 
way Institutional Brokers' obligations to maintain records of off-
exchange trading activity and report such activity to the Exchange.\13\
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    \13\ See Article 11, Rule 3.
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    Specifically, Interpretation and Policies .01 to Article 11, Rule 4 
provides that Participants shall not use any electronic means of 
communication for sending orders from the Exchange to trade in another 
market or trading venue (which is defined as a ``layoff service''), 
until the Participant or the layoff service provider has established a 
process for providing the Exchange with specific information relating 
to the off-Exchange trading activity on a real time basis in an 
electronic format acceptable to the Exchange.\14\ Only Institutional 
Brokers use such layoff services to engage in single-sided order 
executions on away markets; such services are unrelated to either 
qualified contingent trading or contingent trading. The Exchange uses 
the current Brokerplex system to support reporting of these regulatory 
``drop copies'' from a layoff service.
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    \14\ See Securities Exchange Act Release No. 52534 (September 
29, 2005), 70 FR 58500 (October 6, 2005) (Order Approving Proposed 
Rule Change and Amendment Nos. 1, 2, and 3 Thereto and Notice of 
Filing and Order Granting Accelerated Approval to Amendment No. 4 
Thereto Relating to a Prohibition on Using a Layoff Service Unless 
the Service Provides Required Information to the Exchange) (SR-CHX-
2004-25).
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    With the transition to Pillar, the Exchange proposes to 
decommission the system in Brokerplex that receives regulatory drop 
copies of off-exchange trading from a layoff service, as described in 
Interpretation and Policies .01 to Article 11, Rule 4. The Exchange 
therefore proposes to amend Interpretation and Policies .01 to Article 
11, Rule 4 to delete the requirement that Institutional Brokers provide 
the specified information on a real-time basis in an electronic format 
acceptable to the Exchange. In lieu of the current system, the Exchange 
proposes that it will require any Institutional Broker that engages in 
this trading activity to provide reports of such activity in a format 
acceptable to the Exchange within a time frame designated by the 
Exchange, which generally would be not later than trade date plus one 
day.\15\
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    \15\ See NYSE Chicago IM-19-06, dated October 29, 2019, 
available at https://www.nyse.com/publicdocs/nyse/markets/nyse-chicago/rule-interpretations/2019/Chicago%20Number%2019-06%2010.29.19.pdf.
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    Accordingly, with this proposed rule change, Institutional Brokers 
will continue to be subject to the requirements of Article 11, Rule 4, 
which specifies the records that Institutional Brokers must report 
relating to specified off-exchange trading activity. The proposed rule 
change eliminates only the interface with Brokerplex to submit these 
regulatory drop copies on a real-time basis. Such reports would still 
be required to be submitted to the Exchange, albeit in a different 
format. Because the Exchange does not currently utilize this data to 
perform this surveillance in real-time, the Exchange believes that it 
will be able to maintain its existing surveillance coverage with 
respect to this trading activity and use the new reports that will be 
provided by Institutional Brokers to monitor this activity. In other 
words, the Exchange does not need real-time submission of this 
information to conduct this surveillance.
    In addition, with respect to Institutional Brokers that are also 
members of FINRA, because such firms would be subject to OATS 
requirements, any trading on a layoff service would be reported via 
OATS and available to FINRA as well.
2. Statutory Basis
    The proposed rule change is consistent with Section 6(b) of the 
Securities Exchange Act of 1934 (the ``Act''),\16\ in general, and 
furthers the objectives of Section 6(b)(5),\17\ in particular, because 
it is designed to prevent fraudulent and manipulative acts and 
practices, to promote just and equitable principles of trade, to foster 
cooperation and coordination with persons engaged in facilitating 
transactions in securities, to remove impediments to, and perfect the 
mechanism of, a free and open market and a national market system and, 
in general, to protect investors and the public interest.
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    \16\ 15 U.S.C. 78f(b).
    \17\ 15 U.S.C. 78f(b)(5).
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    The Exchange believes that the proposed Rule 6.7400 Series, 
relating to Order Audit Trail System, would remove impediments to and 
perfect the mechanism of a free and open market and a national market 
system because the proposed rule series is based on the approved rules 
of NYSE National, which are based on FINRA's OATS rules. The Exchange 
further believes that the proposed OATS rules would promote just and 
equitable principles of trade as such rules would further promote 
cross-market surveillance and enhance FINRA's ability to conduct 
surveillance and investigations for the Exchange under the RSA. The 
Exchange does not believe that adding the OATS rules to the Exchange 
would impose a burden on Exchange Participants because Participants 
that are members of FINRA, one of the Affiliated Exchanges, or Nasdaq, 
are already subject to OATS requirements under the rules of those SROs. 
To the extent an Exchange Participant is not also a member of FINRA, 
one of the Affiliated Exchanges, or Nasdaq, such member would not be 
subject to ongoing reporting requirements under the proposed OATS 
rules, and therefore it would not be onerous for such Participants to 
comply if OATS information were requested in the course of a regulatory 
inquiry. Finally, because the Exchange will be providing an OATS-
compliant system for Institutional Brokers, if an Institutional Broker 
has not previously been a member of either FINRA or an Affiliated 
Exchange that has OATS requirements, such Institutional Broker will be 
able to comply with the OATS requirements.

[[Page 64945]]

    The Exchange believes that the proposed amendment to Article 11, 
Rule 4 would remove impediments to and perfect the mechanism of a free 
and open market and a national market system because the proposed rule 
change simply decommissions the use of an exchange system that accepts 
regulatory drop copies that would no longer be available once the 
Exchange transitions to trading to the Pillar trading platform. The 
Exchange further believes that the proposed rule change would promote 
just and equitable principles of trade because Institutional Brokers 
would still be required to maintain records of off-exchange trading 
activity as specified in that Rule and report such activity to the 
Exchange. Because Institutional Brokers would still be providing the 
Exchange with this data, the Exchange would not be changing its 
surveillances relating to this trading activity. In addition, because 
the Exchange does not conduct such surveillances in real time, it does 
not need real-time submission of data to perform these surveillances.

B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will 
impose any burden on competition that is not necessary or appropriate 
in furtherance of the purposes of the Act. The proposed rule change is 
not designed to address any competitive issue but rather to provide for 
rules to support the transition to trading on the Exchange to the 
Pillar trading platform. The Exchange operates in a highly competitive 
environment in which its unaffiliated exchange competitors operate 
multiple affiliated exchanges that operate under common rules. By 
basing its rules on those of its affiliated exchanges, the Exchange 
will provide Participants with consistency across affiliated exchanges, 
thereby enabling the Exchange to compete with unaffiliated exchange 
competitors that similarly operate multiple exchanges on the same 
trading platform.
    In addition, the Exchange does not believe that the proposed rule 
change will impose any burden on competition on Participants that is 
not necessary or appropriate in furtherance of the purposes of the Act 
because the Exchange has proposed non-trading rules based on those of 
its affiliates, e.g., OATS rules. For those Participants that are 
already members of FINRA, an affiliated exchange, or Nasdaq, such 
Participants are already familiar with such rules in connection with 
their membership on those SROs. In addition, the Exchange will be 
providing an OATS-compliant system for Institutional Brokers; 
therefore, if an Institutional Broker has not previously been a member 
of either FINRA or an Affiliated Exchange that has OATS requirements, 
such Institutional Broker will be able to comply with the OATS 
requirements. Moreover, these proposed rules would provide for greater 
harmonization among SROs of the rules for investigations and 
disciplinary matters, resulting in less burdensome and more efficient 
regulatory compliance for common members and facilitating the 
Exchange's performance of its regulatory functions. The proposed OATS 
rules would also facilitate FINRA's performance of cross-market 
surveillances on behalf of the Exchange.
    The Exchange does not believe that amending the regulatory ``drop 
copy'' rule would impose a burden competition on Institutional Brokers 
that is not necessary or appropriate in furtherance of the purposes of 
the Act. The proposed rule, which will apply equally to all 
Institutional Brokers, merely deletes the requirement that 
Institutional Brokers provide information related to their off-exchange 
trading activity on a real-time basis in an electronic format 
acceptable to the Exchange. Institutional Brokers would continue to be 
required to maintain records of their off-exchange trading activity and 
in lieu of the current system, Institutional Brokers would be required 
to provide reports of such activity in a format acceptable to the 
Exchange within a time frame designated by the Exchange.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    No written comments were solicited or received with respect to the 
proposed rule change.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    Because the foregoing proposed rule change does not: (i) 
Significantly affect the protection of investors or the public 
interest; (ii) impose any significant burden on competition; and (iii) 
become operative for 30 days from the date on which it was filed, or 
such shorter time as the Commission may designate, it has become 
effective pursuant to Section 19(b)(3)(A) of the Act \18\ and Rule 19b-
4(f)(6) thereunder.\19\
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    \18\ 15 U.S.C. 78s(b)(3)(A).
    \19\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii) 
requires a self-regulatory organization to give the Commission 
written notice of its intent to file the proposed rule change, along 
with a brief description and text of the proposed rule change, at 
least five business days prior to the date of filing of the proposed 
rule change, or such shorter time as designated by the Commission. 
The Exchange has satisfied this requirement.
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    A proposed rule change filed pursuant to Rule 19b-4(f)(6) under the 
Act \20\ normally does not become operative for 30 days after the date 
of its filing. However, Rule 19b-4(f)(6)(iii) \21\ permits the 
Commission to designate a shorter time if such action is consistent 
with the protection of investors and the public interest. The Exchange 
has requested that the Commission waive the 30-day operative delay so 
that the proposed rule change can become effective contemporaneously 
with the transition to the Pillar trading platform. For this reason, 
the Commission hereby waives the 30-day operative delay and designates 
the proposed rule change as operative upon filing.\22\
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    \20\ 17 CFR 240.19b-4(f)(6).
    \21\ 17 CFR 240.19b-4(f)(6)(iii).
    \22\ For purposes only of waiving the 30-day operative delay, 
the Commission also has considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
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    At any time within 60 days of the filing of the proposed rule 
change, the Commission summarily may temporarily suspend such rule 
change if it appears to the Commission that such action is necessary or 
appropriate in the public interest, for the protection of investors, or 
otherwise in furtherance of the purposes of the Act. If the Commission 
takes such action, the Commission shall institute proceedings to 
determine whether the proposed rule change should be approved or 
disapproved.

IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing, including whether the proposed rule 
change is consistent with the Act. Comments may be submitted by any of 
the following methods:

Electronic Comments

     Use the Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to rule-comments@sec.gov. Please include 
File Number SR-NYSECHX-2019-19 on the subject line.

Paper Comments

     Send paper comments in triplicate to Secretary, Securities 
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.

[[Page 64946]]

All submissions should refer to File Number SR-NYSECHX-2019-19. This 
file number should be included on the subject line if email is used. To 
help the Commission process and review your comments more efficiently, 
please use only one method. The Commission will post all comments on 
the Commission's internet website (http://www.sec.gov/rules/sro.shtml). 
Copies of the submission, all subsequent amendments, all written 
statements with respect to the proposed rule change that are filed with 
the Commission, and all written communications relating to the proposed 
rule change between the Commission and any person, other than those 
that may be withheld from the public in accordance with the provisions 
of 5 U.S.C. 552, will be available for website viewing and printing in 
the Commission's Public Reference Room, 100 F Street NE, Washington, DC 
20549 on official business days between the hours of 10:00 a.m. and 
3:00 p.m. Copies of the filing also will be available for inspection 
and copying at the principal office of the Exchange. All comments 
received will be posted without change. Persons submitting comments are 
cautioned that we do not redact or edit personal identifying 
information from comment submissions. You should submit only 
information that you wish to make available publicly. All submissions 
should refer to File Number SR-NYSECHX-2019-19, and should be submitted 
on or before December 16, 2019.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\23\
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    \23\ 17 CFR 200.30-3(a)(12).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-25456 Filed 11-22-19; 8:45 am]
 BILLING CODE 8011-01-P