Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Withdrawal of a Proposed Rule Change To Amend NYSE Arca Rule 8.601-E To Adopt Generic Listing Standards for Active Proxy Portfolio Shares, 14351 [2021-05239]
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Federal Register / Vol. 86, No. 48 / Monday, March 15, 2021 / Notices
burden on inter-market competition that
is not necessary or appropriate in
furtherance of the purposes of the Act.
At least one other option exchange
similarly offers a variation of cancel
functionality to their users to protect
against unintended or unwanted
executions.25
For the reasons stated, the Exchange
does not believe that the proposed rule
change will impose any burden on
competition not necessary or
appropriate in furtherance of the
purposes of the Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments were neither
solicited nor received.
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 after the date of
the filing, or such shorter time as the
Commission may designate, it has
become effective pursuant to Section
19(b)(3)(A) of the Act 26 and Rule 19b–
4(f)(6) 27 thereunder.
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
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.
khammond on DSKJM1Z7X2PROD with NOTICES
7 17
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 Today, all non-Customers pay a $0.48 per
contract Fee for Removing Liquidity in SPY.
4 This would include Lead Market Maker or
Market Maker quotes or orders that were executed.
Comments may be submitted by any of
the following methods:
16:36 Mar 12, 2021
Jkt 253001
SECURITIES AND EXCHANGE
COMMISSION
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
PEARL–2021–05 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.
All submissions should refer to File
Number SR–PEARL–2021–05. 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 (https://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–PEARL–2021–05 and
should be submitted on or before April
5, 2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.28
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–05237 Filed 3–12–21; 8:45 am]
BILLING CODE 8011–01–P
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[Release No. 34–91284; File No. SR–
NYSEArca–2020–77]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Withdrawal of a
Proposed Rule Change To Amend
NYSE Arca Rule 8.601–E To Adopt
Generic Listing Standards for Active
Proxy Portfolio Shares
March 9, 2021.
On August 31, 2020, NYSE Arca, Inc.
(‘‘NYSE Arca’’) 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 NYSE Arca Rule 8.601–E to
adopt generic listing standards for
Active Proxy Portfolio Shares. The
proposed rule change was published for
comment in the Federal Register on
September 21, 2020.3 On October 30,
2020, 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 11, 2020, the Commission
instituted proceedings to determine
whether to approve or disapprove the
proposed rule change.6 The Commission
received no comments on the proposed
rule change. On March 5, 2021, the
Exchange withdrew the proposed rule
change (SR–NYSEArca–2020–77).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–05239 Filed 3–12–21; 8:45 am]
BILLING CODE 8011–01–P
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 89874
(September 15, 2020), 85 FR 59338.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No. 90296,
85 FR 70696 (November 5, 2020).
6 See Securities Exchange Act Release No. 90652,
85 FR 82011 (December 17, 2020).
7 17 CFR 200.30–3(a)(12).
2 17
E:\FR\FM\15MRN1.SGM
15MRN1
Agencies
[Federal Register Volume 86, Number 48 (Monday, March 15, 2021)]
[Notices]
[Page 14351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05239]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-91284; File No. SR-NYSEArca-2020-77]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of
Withdrawal of a Proposed Rule Change To Amend NYSE Arca Rule 8.601-E To
Adopt Generic Listing Standards for Active Proxy Portfolio Shares
March 9, 2021.
On August 31, 2020, NYSE Arca, Inc. (``NYSE Arca'') 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 NYSE Arca
Rule 8.601-E to adopt generic listing standards for Active Proxy
Portfolio Shares. The proposed rule change was published for comment in
the Federal Register on September 21, 2020.\3\ On October 30, 2020,
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 11, 2020, the Commission instituted proceedings to determine
whether to approve or disapprove the proposed rule change.\6\ The
Commission received no comments on the proposed rule change. On March
5, 2021, the Exchange withdrew the proposed rule change (SR-NYSEArca-
2020-77).
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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. 89874 (September 15,
2020), 85 FR 59338.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 90296, 85 FR 70696
(November 5, 2020).
\6\ See Securities Exchange Act Release No. 90652, 85 FR 82011
(December 17, 2020).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
---------------------------------------------------------------------------
\7\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-05239 Filed 3-12-21; 8:45 am]
BILLING CODE 8011-01-P