Document ID: SEC-2022-0629-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: New York Stock Exchange, LLC
Posted Date: 2022-05-04T04:00Z

[Federal Register Volume 87, Number 86 (Wednesday, May 4, 2022)]
[Notices]
[Pages 26384-26385]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-09517]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94810; File No. SR-NYSE-2021-45]

Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Withdrawal of Proposed Rule Change, as Modified by Amendment 
No. 2, to Adopt Listing Standards for Subscription Warrants Issued by a 
Company Organized Solely for the Purpose of Identifying an Acquisition 
Target

April 28, 2022.
    On August 24, 2021, the 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'' or ``Exchange Act'') \1\ and Rule 19b-4 
thereunder,\2\ a proposed rule change to adopt listing standards for 
subscription warrants issued by a company organized solely for the 
purpose of identifying an acquisition target. The proposed rule change 
was

[[Page 26385]]

published for comment in the Federal Register on September 10, 2021.\3\
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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. 92876 (September 3, 
2021), 86 FR 50748. Comments received on the proposal are available 
on the Commission's website at: https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145.htm.
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    On September 30, 2021, 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.\5\ On December 8, 2021, the Commission instituted proceedings 
under Section 19(b)(2)(B) of the Exchange Act \6\ to determine whether 
to approve or disapprove the proposed rule change.\7\
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    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 93221, 86 FR 55662 
(October 6, 2021). The Commission designated December 9, 2021 as the 
date by which the Commission shall approve or disapprove, or 
institute proceedings to determine whether to approve or disapprove, 
the proposed rule change.
    \6\ 15 U.S.C. 78s(b)(2)(B).
    \7\ See Securities Exchange Act Release No. 93741, 86 FR 71111 
(December 14, 2021).
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    On March 1, 2022, the Exchange filed Amendment No. 2 to the 
proposed rule change, which replaced the proposed rule change as 
originally filed and superseded such filing in its entirety.\8\ On 
March 2, 2022, the Commission published notice of Amendment No. 2 to 
the proposed rule change.\9\ On March 4, 2022, the Commission extended 
the period for consideration of the proposed rule change to May 8, 
2022.\10\ On April 26, 2022, the Exchange withdrew the proposed rule 
change (SR-NYSE-2021-45).
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    \8\ Amendment No. 2 is available at: https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145-20118274-271197.pdf. On 
February 17, 2022, the Exchange filed Amendment No. 1 to the 
proposed rule change. The Exchange withdrew Amendment No. 1 on March 
1, 2022.
    \9\ See Securities Exchange Act Release No. 94349, 87 FR 13036 
(March 8, 2022).
    \10\ See Securities Exchange Act Release No. 94363, 87 FR 13779 
(March 10, 2022).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
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    \11\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-09517 Filed 5-3-22; 8:45 am]
BILLING CODE 8011-01-P