Document ID: SEC-2021-1170-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Depository Trust Co.
Posted Date: 2021-08-31T04:00Z

[Federal Register Volume 86, Number 166 (Tuesday, August 31, 2021)]
[Notices]
[Page 48770]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-18670]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-92748; File No. SR-DTC-2021-011]

Self-Regulatory Organizations; Depository Trust Company; Notice 
of Designation of Longer Period for Commission Action on Proposed Rule 
Change Relating to Confidential Information, Market Disruption Events, 
Systems Disconnect, and Other Changes

August 25, 2021.

I. Introduction

    On June 25, 2021, Depository Trust Company (``DTC'') filed with the 
Securities and Exchange Commission (``Commission'') proposed rule 
change SR-DTC-2021-011 (the ``Proposed Rule Change'') pursuant to 
Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ 
and Rule 19b-4 thereunder \2\ to amend DTC's rules relating to 
confidentiality requirements, market disruption events, systems 
disconnect, and other changes. The Proposed Rule Change was published 
for comment in the Federal Register on July 13, 2021,\3\ and the 
Commission received one comment on Proposed Rule Change.\4\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 92342 (June 25, 2021), 
86 FR 36833 (July 13, 2021) (File No. SR-DTC-2021-011).
    \4\ The comment letter is available on the Commission's website 
at https://www.sec.gov/comments/sr-dtc-2021-011/srdtc2021011.htm.
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    Section 19(b)(2) of the Act \5\ 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 effectively Friday, August 27, 2021.
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    \5\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day review period for Commission 
action on the Proposed Rule Change. In order to provide the Commission 
with sufficient time to consider the Proposed Rule Change, the 
Commission finds that it is appropriate to designate a longer period 
within which to take action on the Proposed Rule Change.
    Accordingly, pursuant to Section 19(b)(2) of the Act \6\ and for 
the reasons stated above, the Commission designates Friday, October 8, 
2021, as the date by which the Commission shall either approve, 
disapprove, or institute proceedings to determine whether to disapprove 
the Proposed Rule Change (File No. SR-DTC-2021-011).
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    \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\
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2021-18670 Filed 8-30-21; 8:45 am]
BILLING CODE 8011-01-P