Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 2, To Amend Chapter One of the Listed Company Manual To Modify the Provisions Relating to Direct Listings, 39226 [2020-14012]
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39226
Federal Register / Vol. 85, No. 126 / Tuesday, June 30, 2020 / Notices
ESTIMATE OF ANNUAL RESPONDENT BURDEN—Continued
Annual
responses
Form No.
Burden
(hours)
G–254a ........................................................................................................................................
1,500
5
125
Total ...............................................................................................................................
3,000
........................
748
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To request more information or to
obtain a copy of the information
collection justification, forms, and/or
supporting material, contact Kennisha
Tucker at (312) 469–2591 or
Kennisha.Tucker@rrb.gov. Comments
regarding the information collection
should be addressed to Brian Foster,
Railroad Retirement Board, 844 North
Rush Street, Chicago, Illinois 60611–
1275 or emailed to Brian.Foster@rrb.gov.
Written comments should be received
within 60 days of this notice.
Brian Foster,
Clearance Officer.
[FR Doc. 2020–13985 Filed 6–29–20; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–89147; File No. SR–NYSE–
2019–67]
Self-Regulatory Organizations; New
York Stock Exchange LLC; Notice of
Designation of Longer Period for
Commission Action on Proceedings To
Determine Whether To Approve or
Disapprove a Proposed Rule Change,
as Modified by Amendment No. 2, To
Amend Chapter One of the Listed
Company Manual To Modify the
Provisions Relating to Direct Listings
June 24, 2020.
khammond on DSKJM1Z7X2PROD with NOTICES
Time
(minutes)
On December 11, 2019, New York
Stock Exchange LLC (‘‘NYSE’’ or the
‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) 1 of the Securities Exchange Act
of 1934 (‘‘Act’’) 2 and Rule 19b–4
thereunder,3 a proposed rule change to
amend Chapter One of the Listed
Company Manual to modify the
provisions relating to direct listings. On
December 13, 2019, the Exchange filed
Amendment No. 1 to the proposed rule
change, which amended and replaced
the proposed rule change in its entirety.
The proposed rule change, as modified
by Amendment No. 1, was published for
1 15
U.S.C. 78s(b)(1).
2 15 U.S.C. 78a.
3 17 CFR 240.19b–4.
VerDate Sep<11>2014
18:18 Jun 29, 2020
Jkt 250001
comment in the Federal Register on
December 30, 2019.4 On February 13,
2020, pursuant to Section 19(b)(2) of the
Exchange Act,5 the Commission
designated a longer period within which
to either approve the proposed rule
change, disapprove the proposed rule
change, or institute proceedings to
determine whether to disapprove the
proposed rule change.6 On March 26,
2020, the Commission instituted
proceedings to determine whether to
approve or disapprove the proposed
rule change, as modified by Amendment
No. 1.7 On June 22, 2020, the Exchange
filed Amendment No. 2 to the proposed
rule change, which superseded the
proposed rule change as modified by
Amendment No. 1.8
Section 19(b)(2) of the Act 9 provides
that, after initiating proceedings, the
Commission shall issue an order
approving or disapproving the proposed
rule change not later than 180 days after
the date of publication of notice of the
filing of the proposed rule change. The
Commission may extend the period for
issuing an order approving or
disapproving the proposed rule change,
however, by not more than 60 days if
the Commission determines that a
longer period is appropriate and
publishes the reasons for such
determination. The proposed rule
change was published for comment in
the Federal Register on December 30,
2019.10 The 180th day after publication
of the Notice is June 27, 2020. The
Commission is extending the time
period for approving or disapproving
the proposal for an additional 60 days.
The Commission finds that it is
appropriate to designate a longer period
within which to issue an order
4 See Securities Exchange Act Release No. 87821
(December 20, 2019), 84 FR 72065 (December 30,
2019) (‘‘Notice’’). Comments received on the Notice
are available on the Commission’s website at:
https://www.sec.gov/comments/sr-nyse-2019-67/
srnyse201967.htm.
5 15 U.S.C. 78s(b)(2).
6 See Securities and Exchange Act Release No.
88190 (February 13, 2020), 85 FR 9891 (February
20, 2020).
7 See Securities and Exchange Act Release No.
88485 (March 26, 2020), 85 FR 18292 (April 1,
2020).
8 See Securities and Exchange Act Release No.
89148 (June 24, 2020).
9 15 U.S.C. 78s(b)(2).
10 See supra note 4.
PO 00000
Frm 00067
Fmt 4703
Sfmt 4703
approving or disapproving the proposed
rule change so that it has sufficient time
to consider the proposed rule change, as
modified by Amendment No. 2, along
with the comments received on the
proposal and the Exchange’s response.
Accordingly, the Commission, pursuant
to Section 19(b)(2) of the Act,11
designates August 26, 2020, as the date
by which the Commission should either
approve or disapprove the proposed
rule change (File No. SR–NYSE–2019–
67), as modified by Amendment No. 2.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–14012 Filed 6–29–20; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–89142; File No. SR–ICC–
2020–002]
Self-Regulatory Organizations; ICE
Clear Credit LLC; Order Approving
Proposed Rule Change Relating to the
ICC Risk Management Model
Description, ICC Stress Testing
Framework, ICC Liquidity Risk
Management Framework, ICC BackTesting Framework, and ICC Risk
Parameter Setting and Review Policy
June 24, 2020.
I. Introduction
On January 14, 2020, ICE Clear Credit
LLC (‘‘ICC’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (the ‘‘Act’’),1 and Rule 19b–4
thereunder,2 a proposed rule change to
amend ICC’s Risk Management Model
Description, Stress Testing Framework,
Liquidity Risk Management Framework,
Back-Testing Framework, and Risk
Parameter Setting and Review Policy
(together, the ‘‘Risk Policies’’) in
connection with the clearing of credit
11 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
12 17
E:\FR\FM\30JNN1.SGM
30JNN1
]]>Agencies
[Federal Register Volume 85, Number 126 (Tuesday, June 30, 2020)]
[Notices]
[Page 39226]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14012]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-89147; File No. SR-NYSE-2019-67]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Designation of Longer Period for Commission Action on
Proceedings To Determine Whether To Approve or Disapprove a Proposed
Rule Change, as Modified by Amendment No. 2, To Amend Chapter One of
the Listed Company Manual To Modify the Provisions Relating to Direct
Listings
June 24, 2020.
On December 11, 2019, New York Stock Exchange LLC (``NYSE'' or the
``Exchange'') filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) \1\ of the Securities
Exchange Act of 1934 (``Act'') \2\ and Rule 19b-4 thereunder,\3\ a
proposed rule change to amend Chapter One of the Listed Company Manual
to modify the provisions relating to direct listings. On December 13,
2019, the Exchange filed Amendment No. 1 to the proposed rule change,
which amended and replaced the proposed rule change in its entirety.
The proposed rule change, as modified by Amendment No. 1, was published
for comment in the Federal Register on December 30, 2019.\4\ On
February 13, 2020, pursuant to Section 19(b)(2) of the Exchange Act,\5\
the Commission designated a longer period within which to either
approve the proposed rule change, disapprove the proposed rule change,
or institute proceedings to determine whether to disapprove the
proposed rule change.\6\ On March 26, 2020, the Commission instituted
proceedings to determine whether to approve or disapprove the proposed
rule change, as modified by Amendment No. 1.\7\ On June 22, 2020, the
Exchange filed Amendment No. 2 to the proposed rule change, which
superseded the proposed rule change as modified by Amendment No. 1.\8\
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 15 U.S.C. 78a.
\3\ 17 CFR 240.19b-4.
\4\ See Securities Exchange Act Release No. 87821 (December 20,
2019), 84 FR 72065 (December 30, 2019) (``Notice''). Comments
received on the Notice are available on the Commission's website at:
https://www.sec.gov/comments/sr-nyse-2019-67/srnyse201967.htm.
\5\ 15 U.S.C. 78s(b)(2).
\6\ See Securities and Exchange Act Release No. 88190 (February
13, 2020), 85 FR 9891 (February 20, 2020).
\7\ See Securities and Exchange Act Release No. 88485 (March 26,
2020), 85 FR 18292 (April 1, 2020).
\8\ See Securities and Exchange Act Release No. 89148 (June 24,
2020).
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \9\ provides that, after initiating
proceedings, the Commission shall issue an order approving or
disapproving the proposed rule change not later than 180 days after the
date of publication of notice of the filing of the proposed rule
change. The Commission may extend the period for issuing an order
approving or disapproving the proposed rule change, however, by not
more than 60 days if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination. The
proposed rule change was published for comment in the Federal Register
on December 30, 2019.\10\ The 180th day after publication of the Notice
is June 27, 2020. The Commission is extending the time period for
approving or disapproving the proposal for an additional 60 days.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78s(b)(2).
\10\ See supra note 4.
---------------------------------------------------------------------------
The Commission finds that it is appropriate to designate a longer
period within which to issue an order approving or disapproving the
proposed rule change so that it has sufficient time to consider the
proposed rule change, as modified by Amendment No. 2, along with the
comments received on the proposal and the Exchange's response.
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\11\ designates August 26, 2020, as the date by which the
Commission should either approve or disapprove the proposed rule change
(File No. SR-NYSE-2019-67), as modified by Amendment No. 2.
---------------------------------------------------------------------------
\11\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
---------------------------------------------------------------------------
\12\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-14012 Filed 6-29-20; 8:45 am]
BILLING CODE 8011-01-P
