Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the Sprott ESG Gold ETF Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares), 50568-50569 [2021-19421]
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50568
Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices
proposing substantially similar rule
filings. Therefore, this is not a
competitive rule filing, and, therefore, it
does not impose a burden on
competition.
Furthermore, IEX notes that FINRA
undertook an economic impact
assessment of the potential costs and
benefits associated with OATS
retirement and determined that CAT
meets or exceeds the OATS standards.
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
The Exchange has filed the proposed
rule change pursuant to Section
19(b)(3)(A)(iii) of the Act 42 and Rule
19b–4(f)(6) thereunder.43 Because the
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
prior to 30 days from the date on which
it was filed, or such shorter time as the
Commission may designate, if
consistent with the protection of
investors and the public interest, the
proposed rule change has become
effective pursuant to Section 19(b)(3)(A)
of the Act 44 and Rule 19b–4(f)(6)(iii)
thereunder.45
A proposed rule change filed under
Rule 19b–4(f)(6) 46 normally does not
become operative prior to 30 days after
the date of the filing. However, pursuant
to Rule 19b–4(f)(6)(iii),47 the
Commission may designate a shorter
time if such action is consistent with the
protection of investors and the public
interest. The Exchange has asked the
Commission to waive the 30-day
operative delay so that the proposal may
become operative by September 1, 2021,
the first day on which FINRA will no
longer accept OATS data (unless FINRA
delays the OATS retirement past that
42 15
U.S.C. 78s(b)(3)(A)(iii).
CFR 240.19b–4(f)(6).
44 15 U.S.C. 78s(b)(3)(A).
45 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6)(iii) requires the Exchange to give the
Commission written notice of the Exchange’s intent
to file the proposed rule change, along with a brief
description and text of the proposed rule change,
at least five business days prior to the date of filing
of the proposed rule change, or such shorter time
as designated by the Commission. The Exchange
has satisfied this requirement.
46 17 CFR 240.19b–4(f)(6).
47 17 CFR 240.19b–4(f)(6)(iii).
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43 17
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date.) 48 As discussed above, IEX
believes that it is appropriate for FINRA
to retire OATS as of September 1, 2021.
IEX states that the use of CAT Data,
whether by IEX directly, or by FINRA
pursuant to IEX’s RSA with FINRA, will
continue to allow for accurate and
effective surveillance of market activity
on IEX. In addition, August 31, 2021,
will be the last ‘‘OATS Business Day,’’
as defined under FINRA Rule
7450(b)(3), and reports submitted to
OATS for order events that occur after
August 31, 2021, will be rejected. The
Commission believes that it is
consistent with the protection of
investors and the public interest for IEX
to delete its OATS reporting rules at the
same time that FINRA retires OATS.
Accordingly, the Commission hereby
waives the 30-day operative delay and
designates the proposal operative on
September 1, 2021.49
At any time within 60 days of the
filing of this 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 will institute proceedings
to determine whether the proposed rule
change 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.
Comments may be submitted by any of
the following methods:
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 will also be available for
inspection and copying at the IEX’s
principal office and on its internet
website at www.iextrading.com. All
comments received will be posted
without change. 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–IEX–
2021–10, and should be submitted on or
before September 30, 2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.50
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–19422 Filed 9–8–21; 8:45 am]
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–
IEX–2021–10 on the subject line.
BILLING CODE 8011–01–P
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–IEX–2021–10. This file
number should be included on the
subject line if email is used. To help the
Self-Regulatory Organizations; NYSE
Arca, Inc.; Notice of Designation of a
Longer Period for Commission Action
on a Proposed Rule Change To List
and Trade Shares of the Sprott ESG
Gold ETF Under NYSE Arca Rule
8.201–E (Commodity-Based Trust
Shares)
48 See
supra note 40.
49 For purposes only of waiving the 30-day
operative delay, the Commission has considered the
proposed rule’s impact on efficiency, competition,
and capital formation. See 15 U.S.C. 78c(f).
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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–92867; File No. SR–
NYSEArca–2021–65]
September 2, 2021.
On July 19, 2021, NYSE Arca, Inc.
(‘‘NYSE Arca’’) filed with the Securities
and Exchange Commission
50 17
E:\FR\FM\09SEN1.SGM
CFR 200.30–3(a)(12).
09SEN1
Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices
(‘‘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
list and trade shares of the Sprott ESG
Gold ETF under NYSE Arca Rule 8.201–
E (Commodity-Based Trust Shares). The
proposed rule change was published for
comment in the Federal Register on July
30, 2021.3 The Commission has received
no comment letters on the proposed rule
change.
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 September 13,
2021. The Commission is extending this
45-day time period.
The Commission finds it 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.
Accordingly, the Commission, pursuant
to Section 19(b)(2) of the Act,5
designates October 28, 2021 as the date
by which the Commission shall either
approve or disapprove, or institute
proceedings to determine whether to
disapprove, the proposed rule change
(File No. SR–NYSEArca–2021–65).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–19421 Filed 9–8–21; 8:45 am]
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BILLING CODE 8011–01–P
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 92506
(July 26, 2021), 86 FR 41109.
4 15 U.S.C. 78s(b)(2).
5 Id.
6 17 CFR 200.30–3(a)(31).
2 17
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SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–92860; File No. SR–NSCC–
2021–010]
Self-Regulatory Organizations;
National Securities Clearing
Corporation; Notice of Designation of
Longer Period for Commission Action
on a Proposed Rule Change To
Establish the Securities Financing
Transaction Clearing Service and Make
Other Changes
September 2, 2021.
On July 22, 2021, National Securities
Clearing Corporation (‘‘NSCC’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’) proposed
rule change SR–NSCC–2021–010
(‘‘Proposed Rule Change’’) pursuant to
Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder.2 The Proposed Rule
Change was published for comment in
the Federal Register on August 12,
2021.3 The Commission has received
comment letters on the Proposed Rule
Change.4
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
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 Securities Exchange Act Release No. 92570
(August 5, 2021), 86 FR 44482 (August 12, 2021)
(SR–NSCC–2021–010) (‘‘Notice’’). NSCC also filed
the proposal contained in the Proposed Rule
Change as advance notice SR–NSCC–2021–803
(‘‘Advance Notice’’) with the Commission pursuant
to Section 806(e)(1) of the Dodd-Frank Wall Street
Reform and Consumer Protection Act entitled the
Payment, Clearing, and Settlement Supervision Act
of 2010 (‘‘Clearing Supervision Act’’). 12 U.S.C.
5465(e)(1); 17 CFR 240.19b–4(n)(1)(i). Notice of
filing of the Advance Notice was published for
comment in the Federal Register on August 12,
2021. Securities Exchange Act Release No. 92568
(August 5, 2021), 86 FR 44530 (August 12, 2021)
(SR–NSCC–2021–803). The proposal contained in
the Proposed Rule Change and the Advance Notice
shall not take effect until all regulatory actions
required with respect to the proposal are
completed.
4 Comment letters are available at https://
www.sec.gov/comments/sr-nscc-2021-010/srnscc
2021010.htm.
5 15 U.S.C. 78s(b)(2).
2 17
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50569
Proposed Rule Change is September 26,
2021.
The Commission is extending the 45day period for Commission action on
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 so that it has sufficient
time to consider and 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 November 10, 2021 as the
date by which the Commission shall
either approve, disapprove, or institute
proceedings to determine whether to
disapprove proposed rule change SR–
NSCC–2021–010.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–19418 Filed 9–8–21; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release Nos. 33–10976; 34–92872; File No.
265–32]
SEC Small Business Capital Formation
Advisory Committee
Securities and Exchange
Commission.
ACTION: Notice of meeting.
AGENCY:
The Securities and Exchange
Commission Small Business Capital
Formation Advisory Committee,
established pursuant to the Securities
Exchange Act of 1934 as added by the
SEC Small Business Advocate Act of
2016, is providing notice that it will
hold a public meeting by
videoconference. The public is invited
to submit written statements to the
Committee.
DATES: The meeting will be held on
Monday, September 27, 2021, from
10:00 a.m. to 2:30 p.m. (ET) and will be
open to the public. Written statements
should be received on or before
September 27, 2021.
ADDRESSES: The meeting will be
conducted by remote means
(videoconference). Members of the
public may attend the meeting by
viewing the webcast on the
Commission’s website at www.sec.gov.
Written statements may be submitted by
any of the following methods:
SUMMARY:
6 15
7 17
E:\FR\FM\09SEN1.SGM
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(31).
09SEN1
]]>Agencies
[Federal Register Volume 86, Number 172 (Thursday, September 9, 2021)]
[Notices]
[Pages 50568-50569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19421]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-92867; File No. SR-NYSEArca-2021-65]
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of
Designation of a Longer Period for Commission Action on a Proposed Rule
Change To List and Trade Shares of the Sprott ESG Gold ETF Under NYSE
Arca Rule 8.201-E (Commodity-Based Trust Shares)
September 2, 2021.
On July 19, 2021, NYSE Arca, Inc. (``NYSE Arca'') filed with the
Securities and Exchange Commission
[[Page 50569]]
(``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 list and trade shares of the Sprott ESG Gold
ETF under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares). The
proposed rule change was published for comment in the Federal Register
on July 30, 2021.\3\ The Commission has received no comment letters on
the proposed rule change.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 92506 (July 26,
2021), 86 FR 41109.
---------------------------------------------------------------------------
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 September 13, 2021. The Commission is extending this 45-day time
period.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
The Commission finds it 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. Accordingly, the
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates
October 28, 2021 as the date by which the Commission shall either
approve or disapprove, or institute proceedings to determine whether to
disapprove, the proposed rule change (File No. SR-NYSEArca-2021-65).
---------------------------------------------------------------------------
\5\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
---------------------------------------------------------------------------
\6\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-19421 Filed 9-8-21; 8:45 am]
BILLING CODE 8011-01-P
