Joint Industry Plan; Notice of Designation of a Longer Period for Commission Action on a Proposed National Market System Plan Regarding Consolidated Equity Market Data, 31543 [2021-12439]

Download as PDF Federal Register / Vol. 86, No. 112 / Monday, June 14, 2021 / Notices Dated: June 10, 2021. Vanessa A. Countryman, Secretary. [FR Doc. 2021–12565 Filed 6–10–21; 4:15 pm] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–92130; File No. 4–757] Joint Industry Plan; Notice of Designation of a Longer Period for Commission Action on a Proposed National Market System Plan Regarding Consolidated Equity Market Data June 9, 2021. lotter on DSK11XQN23PROD with NOTICES1 On August 11, 2020, Cboe BYX Exchange, Inc., Cboe BZX Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe Exchange, Inc., Investors Exchange LLC, Long Term Stock Exchange, Inc., MEMX LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq PHLX LLC, Nasdaq Stock Market LLC, New York Stock Exchange LLC, NYSE American LLC, NYSE Arca, Inc., NYSE Chicago, Inc., NYSE National, Inc., and Financial Industry Regulatory Authority, Inc. filed with the Securities and Exchange Commission (‘‘Commission’’) a proposed new single national market system plan governing the public dissemination of real-time consolidated equity market data for national market system stocks (the ‘‘CT Plan’’). The proposed CT Plan was published for comment in the Federal Register on October 13, 2020.1 On January 11, 2021, the Commission instituted proceedings to determine whether to approve or disapprove the CT Plan.2 On April 8, 2021, pursuant to Rule 608(b)(2)(i) of Regulation NMS,3 the Commission extended the period within which to conclude proceedings regarding the proposed CT Plan to 240 days from the date of publication of the Notice.4 Rule 608(b)(2)(ii) of Regulation NMS provides that the time for conclusion of 1 See Notice of Filing of a National Market System Plan Regarding Consolidated Equity Market Data, Securities Exchange Act Release No. 90096 (Oct. 6, 2020), 85 FR 64565 (Oct. 13, 2020) (File No. 4–757) (‘‘Notice’’). Comments received in response to the Notice can be found on the Commission’s website at https://www.sec.gov/comments/4-757/4-757.htm. 2 See Order Instituting Proceedings to Determine Whether to Approve or Disapprove a National Market System Plan Regarding Consolidated Equity Market Data, Securities Exchange Act Release No. 90885 (Jan. 11, 2021), 86 FR 4142 (Jan. 15, 2021) (File No. 4–757). 3 See 17 CFR 242.608(b)(2)(i). 4 See Securities Exchange Act Release No. 91504 (Apr. 8, 2021), 85 FR 19667 (Apr. 14, 2021) (File No. 4–757). VerDate Sep<11>2014 17:26 Jun 11, 2021 Jkt 253001 proceedings to determine whether a national market system plan or proposed amendment should be disapproved may be extended for an additional period up to 60 days (up to 300 days from the date of notice publication) if the Commission determines that a longer period is appropriate and publishes the reasons for such determination or the plan participants consent to the longer period.5 The 240th day after publication of the Notice for the proposed CT Plan is June 10, 2021. The Commission is extending this 240-day period. The Commission finds that it is appropriate to designate a longer period within which to conclude proceedings regarding the proposed CT Plan so that it has sufficient time to consider the complex and important issues raised by proposed CT Plan and the extensive public comments received. Accordingly, pursuant to Rule 608(b)(2)(ii) of Regulation NMS,6 the Commission designates August 9, 2021, as the date by which the Commission shall conclude the proceedings to determine whether to approve or disapprove the proposed CT Plan (File No. 4–757). By the Commission. J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2021–12439 Filed 6–11–21; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting; Cancellation FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: 86 FR 30342, June 7, 2021. PREVIOUSLY ANNOUNCED TIME AND DATE OF THE MEETING: Thursday, June 10, 2021 at 2:00 p.m. The Closed Meeting scheduled for Thursday, June 10, 2021 at 2:00 p.m., has been cancelled. CONTACT PERSON FOR MORE INFORMATION: For further information; please contact Vanessa A. Countryman from the Office of the Secretary at (202) 551–5400. Dated: June 10, 2021. Vanessa A. Countryman, Secretary. [FR Doc. 2021–12509 Filed 6–10–21; 4:15 pm] BILLING CODE 8011–01–P 5 See 17 CFR 242.608(b)(2)(ii). 6 Id. PO 00000 Frm 00067 SECURITIES AND EXCHANGE COMMISSION [Release No. 34–92125; File No. SR–DTC– 2021–008] Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Distributions Guide To Accommodate Participants’ Tax Reporting and Withholding Obligations June 8, 2021. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 notice is hereby given that on June 1, 2021, The Depository Trust Company (‘‘DTC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been primarily prepared by the clearing agency. DTC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act 3 and Rule 19b– 4(f)(6) thereunder.4 The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change 5 would amend the Procedures 6 set forth in the Distributions Guide to accommodate Participants’ tax reporting and withholding obligations under Section 1.1446(f)–4 (‘‘IRS Regulation’’) 7 of the final regulations of the Internal Revenue Service (‘‘IRS’’), by setting forth DTC’s proposed Procedure relating to distribution of certain Participant tax forms and related information to DTC’s Participants, in accordance with the IRS 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 15 U.S.C. 78s(b)(3)(A). 4 17 CFR 240.19b–4(f)(6). 5 Each capitalized term not otherwise defined herein has its respective meaning as set forth in the Rules, By-Laws and Organization Certificate of The Depository Trust Company (the ‘‘DTC Rules’’), available at https://www.dtcc.com/legal/rules-andprocedures.aspx, and the DTC Corporate Actions Distributions Service Guide (‘‘Distributions Guide’’), available at https://www.dtcc.com/∼/ media/Files/Downloads/legal/service-guides/ Service%20Guide%20Distributions.pdf. 6 Pursuant to the Rules, the term ‘‘Procedures’’ means the Procedures, service guides, and regulations of DTC adopted pursuant to Rule 27, as amended from time to time. See Rule 1, Section 1, supra note 5. DTC’s Procedures are filed with the Commission. They are binding on DTC and each Participant in the same manner as they are bound by the Rules. See Rule 27, supra note 5. 7 See 26 CFR 1.1446(f)–4, available at https:// www.law.cornell.edu/cfr/text/26/1.1446(f)-4. 2 17 CHANGES IN THE MEETING: Fmt 4703 Sfmt 4703 31543 E:\FR\FM\14JNN1.SGM 14JNN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 86, Number 112 (Monday, June 14, 2021)]
[Notices]
[Page 31543]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-12439]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-92130; File No. 4-757]


Joint Industry Plan; Notice of Designation of a Longer Period for 
Commission Action on a Proposed National Market System Plan Regarding 
Consolidated Equity Market Data

June 9, 2021.
    On August 11, 2020, Cboe BYX Exchange, Inc., Cboe BZX Exchange, 
Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe 
Exchange, Inc., Investors Exchange LLC, Long Term Stock Exchange, Inc., 
MEMX LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq PHLX LLC, Nasdaq 
Stock Market LLC, New York Stock Exchange LLC, NYSE American LLC, NYSE 
Arca, Inc., NYSE Chicago, Inc., NYSE National, Inc., and Financial 
Industry Regulatory Authority, Inc. filed with the Securities and 
Exchange Commission (``Commission'') a proposed new single national 
market system plan governing the public dissemination of real-time 
consolidated equity market data for national market system stocks (the 
``CT Plan''). The proposed CT Plan was published for comment in the 
Federal Register on October 13, 2020.\1\
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    \1\ See Notice of Filing of a National Market System Plan 
Regarding Consolidated Equity Market Data, Securities Exchange Act 
Release No. 90096 (Oct. 6, 2020), 85 FR 64565 (Oct. 13, 2020) (File 
No. 4-757) (``Notice''). Comments received in response to the Notice 
can be found on the Commission's website at https://www.sec.gov/comments/4-757/4-757.htm.
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    On January 11, 2021, the Commission instituted proceedings to 
determine whether to approve or disapprove the CT Plan.\2\ On April 8, 
2021, pursuant to Rule 608(b)(2)(i) of Regulation NMS,\3\ the 
Commission extended the period within which to conclude proceedings 
regarding the proposed CT Plan to 240 days from the date of publication 
of the Notice.\4\
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    \2\ See Order Instituting Proceedings to Determine Whether to 
Approve or Disapprove a National Market System Plan Regarding 
Consolidated Equity Market Data, Securities Exchange Act Release No. 
90885 (Jan. 11, 2021), 86 FR 4142 (Jan. 15, 2021) (File No. 4-757).
    \3\ See 17 CFR 242.608(b)(2)(i).
    \4\ See Securities Exchange Act Release No. 91504 (Apr. 8, 
2021), 85 FR 19667 (Apr. 14, 2021) (File No. 4-757).
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    Rule 608(b)(2)(ii) of Regulation NMS provides that the time for 
conclusion of proceedings to determine whether a national market system 
plan or proposed amendment should be disapproved may be extended for an 
additional period up to 60 days (up to 300 days from the date of notice 
publication) if the Commission determines that a longer period is 
appropriate and publishes the reasons for such determination or the 
plan participants consent to the longer period.\5\ The 240th day after 
publication of the Notice for the proposed CT Plan is June 10, 2021. 
The Commission is extending this 240-day period.
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    \5\ See 17 CFR 242.608(b)(2)(ii).
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    The Commission finds that it is appropriate to designate a longer 
period within which to conclude proceedings regarding the proposed CT 
Plan so that it has sufficient time to consider the complex and 
important issues raised by proposed CT Plan and the extensive public 
comments received. Accordingly, pursuant to Rule 608(b)(2)(ii) of 
Regulation NMS,\6\ the Commission designates August 9, 2021, as the 
date by which the Commission shall conclude the proceedings to 
determine whether to approve or disapprove the proposed CT Plan (File 
No. 4-757).
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    \6\ Id.

    By the Commission.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-12439 Filed 6-11-21; 8:45 am]
BILLING CODE 8011-01-P

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