Document ID: SEC-2022-0111-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Financial Industry Regulatory Authority, Inc.
Posted Date: 2022-01-26T05:00Z

[Federal Register Volume 87, Number 17 (Wednesday, January 26, 2022)]
[Notices]
[Pages 4097-4098]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01466]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94011; File No. SR-FINRA-2021-030]

Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of Longer Period for Commission 
Action on Proposed Rule Change To Amend FINRA Rule 6730 To Require 
Members To Append Modifiers To Delayed Treasury Spot Trades and 
Portfolio Trades When Reporting to TRACE

January 20, 2022.
    On November 22, 2021, the Financial Industry Regulatory Authority, 
Inc. (``FINRA'') 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 FINRA Rule 6730 to require members to 
append modifiers to delayed Treasury spot trades and portfolio trades 
when reporting to FINRA's Trade Reporting and Compliance Engine 
(``TRACE''). The proposed rule change was

[[Page 4098]]

published for comment in the Federal Register on December 7, 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. 93699 (December 1, 
2021), 86 FR 69337. Comments received on the proposed rule change 
are available at: https://www.sec.gov/comments/sr-finra-2021-030/srfinra2021030.htm.
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    Section 19(b)(2) of the Act \4\ 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 this proposed rule change 
is January 21, 2022. The Commission is extending this 45-day time 
period for Commission action.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission finds that it is appropriate to designate a longer 
period within which to take action on the proposed rule change so that 
it has sufficient time to consider the proposed rule change and the 
comments received. Accordingly, pursuant to Section 19(b)(2) of the 
Act, the Commission designates March 7, 2022, as the date by which the 
Commission shall approve or disapprove, or institute proceedings to 
determine whether to disapprove, the proposed rule change (File No. SR-
FINRA-2021-030).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-01466 Filed 1-25-22; 8:45 am]
BILLING CODE 8011-01-P