Justia Agencies And Commissions Securities And Exchange Commission Self-Regulatory Organizations; NYSE Arca, Inc.; 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. 1, To Adopt New Rules 6.1P-O, 6.37AP-O, 6.40P-O, 6.41P-O, 6.62P-O, 6.64P-O, 6.76P-O, and 6.76AP-O and Amendments to Rules 1.1, 6.1-O, 6.1A-O, 6.37-O, 6.65A-O and 6.96-O, 72674-72675 [2021-27656]

Self-Regulatory Organizations; NYSE Arca, Inc.; 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. 1, To Adopt New Rules 6.1P-O, 6.37AP-O, 6.40P-O, 6.41P-O, 6.62P-O, 6.64P-O, 6.76P-O, and 6.76AP-O and Amendments to Rules 1.1, 6.1-O, 6.1A-O, 6.37-O, 6.65A-O and 6.96-O, 72674-72675 [2021-27656]

Download as PDF 72674 Federal Register / Vol. 86, No. 243 / Wednesday, December 22, 2021 / Notices burden on competition; and (iii) become operative for 30 days from the date on which it was filed, or such shorter time as the Commission may designate, it has become effective pursuant to Section 19(b)(3)(A) of the Act 37 and Rule 19b– 4(f)(6) thereunder.38 A proposed rule change filed pursuant to Rule 19b–4(f)(6) under the Act 39 normally does not become operative for 30 days after the date of its filing. However, Rule 19b–4(f)(6)(iii) 40 permits the Commission to 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 proposed rule change may become operative upon filing. The Exchange states that waiver of the operative delay would be consistent with the protection of investors and the public interest because it will ensure fair competition among exchanges by allowing the Exchange to amend the position and exercise limits and immediately benefit a greater number of participants who are MIAX Members and members of Cboe by ensuring consistency and uniformity among competing options exchanges as to the position and exercise limits for these multiply-listed options classes. For this reason, the Commission believes that waiver of the 30-day operative delay is consistent with the protection of investors and the public interest. Therefore, the Commission hereby waives the operative delay and designates the proposal as operative upon filing.41 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 15 U.S.C. 78s(b)(3)(A). 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 4(f)(6)(iii) requires a self-regulatory organization to give the Commission written notice of its 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. 39 17 CFR 240.19b–4(f)(6). 40 17 CFR 240.19b–4(f)(6)(iii). 41 For purposes only of waiving the 30-day operative delay, the Commission also has considered the proposed rule’s impact on efficiency, competition, and capital formation. See 15 U.S.C. 78c(f). 37 khammond on DSKJM1Z7X2PROD with NOTICES 38 VerDate Sep<11>2014 17:55 Dec 21, 2021 Jkt 256001 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: • 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– MIAX–2021–61 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–MIAX–2021–61. 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 such 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–MIAX–2021–61, and should be submitted on or before January 12, 2022. Frm 00101 Fmt 4703 [FR Doc. 2021–27661 Filed 12–21–21; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–93797; File No. SR– NYSEArca–2021–47] Electronic Comments PO 00000 For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.42 J. Matthew DeLesDernier, Assistant Secretary. Sfmt 4703 Self-Regulatory Organizations; NYSE Arca, Inc.; 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. 1, To Adopt New Rules 6.1P–O, 6.37AP–O, 6.40P–O, 6.41P–O, 6.62P–O, 6.64P–O, 6.76P–O, and 6.76AP–O and Amendments to Rules 1.1, 6.1–O, 6.1A–O, 6.37–O, 6.65A–O and 6.96–O December 16, 2021. On June 21, 2021, NYSE Arca, Inc. (‘‘NYSE Arca’’ or the ‘‘Exchange’’) 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 adopt new Rules 6.1P–O (Applicability), 6.37AP–O (Market Maker Quotations), 6.40P–O (Pre-Trade and Activity-Based Risk Controls), 6.41P–O (Price Reasonability Checks— Orders and Quotes), 6.62P–O (Orders and Modifiers), 6.64P–O (Auction Process), 6.76P–O (Order Ranking and Display), and 6.76AP–O (Order Execution and Routing) and proposed amendments to Rules 1.1 (Definitions), 6.1–O (Applicability, Definitions and References), 6.1A–O (Definitions and References—OX), 6.37–O (Obligations of Market Makers), 6.65A–O (Limit-Up and Limit-Down During Extraordinary Market Volatility), and 6.96–O (Operation of Routing Broker) to reflect the implementation of the Exchange’s Pillar trading technology on its options market. The proposed rule change was published for comment in the Federal Register on July 9, 2021.3 On August 18, 2021, pursuant to Section 19(b)(2) of the Act,4 the Commission designated a longer period within which to approve the proposed 42 17 CFR 200.30–3(a)(12). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 See Securities Exchange Act Release No. 92304 (June 30, 2021), 86 FR 36440 (‘‘Notice’’). 4 15 U.S.C. 78s(b)(2). 1 15 E:\FR\FM\22DEN1.SGM 22DEN1 Federal Register / Vol. 86, No. 243 / Wednesday, December 22, 2021 / Notices rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change.5 On September 28, 2021, the Exchange filed Amendment No. 1 to the proposed rule change, which superseded the proposed rule change as originally filed in its entirety.6 On September 29, 2021, the Commission published the proposed rule change, as modified by Amendment No. 1, for notice and comment and instituted proceedings to determine whether to approve or disapprove the proposed rule change, as modified by Amendment No. 1.7 The Commission has received no comments on the proposed rule change. Section 19(b)(2) of the Act 8 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 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 notice and comment in the Federal Register on July 9, 2021.9 January 5, 2022 is 180 days from that date, and March 6, 2022 is 240 days from that date. The Commission finds it 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. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,10 designates March 6, 2022 as the date by which the Commission shall either approve or disapprove the proposed rule change, as modified by Amendment No. 1 (File No. SR–NYSEArca–2021– 47). khammond on DSKJM1Z7X2PROD with NOTICES 5 See Securities Exchange Act Release No. 92696, 86 FR 47350 (August 24, 2021). The Commission designated October 7, 2021, as the date by which the Commission shall approve or disapprove, or institute proceedings to determine whether to approve or disapprove, the proposed rule change. 6 Amendment No. 1 is available on the Commission’s website at https://www.sec.gov/ comments/sr-nysearca-2021-47/srnysearca2021479304467-259869.pdf. 7 See Securities Exchange Act Release No. 93193, 86 FR 55926 (October 7, 2021). 8 15 U.S.C. 78s(b)(2). 9 See Notice, supra note 3. 10 15 U.S.C. 78s(b)(2). 11 17 CFR 200.30–3(a)(57). VerDate Sep<11>2014 17:55 Dec 21, 2021 Jkt 256001 For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.11 J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2021–27656 Filed 12–21–21; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #17153 and #17154; Louisiana Disaster Number LA–00116] Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Louisiana U.S. Small Business Administration. ACTION: Amendment 3. AGENCY: PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 Pointe Coupee, Saint Helena, Saint Martin, Saint Mary, West Feliciana. All other information in the original declaration remains unchanged. (Catalog of Federal Domestic Assistance Number 59008) Barbara Carson, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2021–27693 Filed 12–21–21; 8:45 am] BILLING CODE 8026–03–P SURFACE TRANSPORTATION BOARD [Docket No. EP 290 (Sub-No. 5) (2022–1)] Quarterly Rail Cost Adjustment Factor Surface Transportation Board. Approval of rail cost adjustment AGENCY: This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Louisiana (FEMA–4611– DR), dated 09/07/2021. Incident: Hurricane Ida. Incident Period: 08/26/2021 through 09/03/2021. DATES: Issued on 12/14/2021. Physical Loan Application Deadline Date: Filing Period for the parishes listed below ends on 01/13/2022. Filing Period for the previously declared parishes ends on 12/28/2021. Economic Injury (EIDL) Loan Application Deadline Date: 06/07/2022. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, (202) 205–6734. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for Private Non-Profit organizations in the State of Louisiana, dated 09/07/2021, is hereby amended to include the parishes listed below. Please contact the SBA disaster assistance customer service center by email at disastercustomerservice@sba.gov or by phone at 1–800–659–2955 to request an application. Applications for physical damages for previously declared parishes may be filed until 12/28/2021. Applications for physical damages for the parishes listed below may be filed until 01/13/2022. Applications for economic injury may be filed until 06/ 07/2022. Primary Parishes: Ascension, Assumption, East Baton Rouge, East Feliciana, Iberville, Livingston, SUMMARY: 72675 ACTION: factor. The Board has approved the first quarter 2022 Rail Cost Adjustment Factor (RCAF) and cost index filed by the Association of American Railroads. The first quarter 2022 RCAF (Unadjusted) is 1.154. The first quarter 2022 RCAF (Adjusted) is 0.478. The first quarter 2021 RCAF–5 is 0.451. DATES: Applicability Date: January 1, 2022. FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 245–0333. Assistance for the hearing impaired is available through the Federal Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: Additional information is contained in the Board’s decision, which is available at www.stb.gov. SUMMARY: Decided: December 17, 2021. By the Board, Board Members Begeman, Fuchs, Oberman, Primus, and Schultz. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2021–27753 Filed 12–21–21; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration [Summary Notice No. PE–2021–0018] Petition for Exemption; Summary of Petition Received; Southern California Edison Federal Aviation Administration (FAA), Department of Transportation (DOT). ACTION: Notice of petition for exemption received. AGENCY: This notice contains a summary of a petition seeking relief SUMMARY: E:\FR\FM\22DEN1.SGM 22DEN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 86, Number 243 (Wednesday, December 22, 2021)]
[Notices]
[Pages 72674-72675]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-27656]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-93797; File No. SR-NYSEArca-2021-47]


Self-Regulatory Organizations; NYSE Arca, Inc.; 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. 1, To Adopt New Rules 6.1P-O, 6.37AP-O, 
6.40P-O, 6.41P-O, 6.62P-O, 6.64P-O, 6.76P-O, and 6.76AP-O and 
Amendments to Rules 1.1, 6.1-O, 6.1A-O, 6.37-O, 6.65A-O and 6.96-O

December 16, 2021.
    On June 21, 2021, NYSE Arca, Inc. (``NYSE Arca'' or the 
``Exchange'') 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 adopt new Rules 6.1P-O (Applicability), 6.37AP-
O (Market Maker Quotations), 6.40P-O (Pre-Trade and Activity-Based Risk 
Controls), 6.41P-O (Price Reasonability Checks--Orders and Quotes), 
6.62P-O (Orders and Modifiers), 6.64P-O (Auction Process), 6.76P-O 
(Order Ranking and Display), and 6.76AP-O (Order Execution and Routing) 
and proposed amendments to Rules 1.1 (Definitions), 6.1-O 
(Applicability, Definitions and References), 6.1A-O (Definitions and 
References--OX), 6.37-O (Obligations of Market Makers), 6.65A-O (Limit-
Up and Limit-Down During Extraordinary Market Volatility), and 6.96-O 
(Operation of Routing Broker) to reflect the implementation of the 
Exchange's Pillar trading technology on its options market. The 
proposed rule change was published for comment in the Federal Register 
on July 9, 2021.\3\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 92304 (June 30, 
2021), 86 FR 36440 (``Notice'').
---------------------------------------------------------------------------

    On August 18, 2021, pursuant to Section 19(b)(2) of the Act,\4\ the 
Commission designated a longer period within which to approve the 
proposed

[[Page 72675]]

rule change, disapprove the proposed rule change, or institute 
proceedings to determine whether to approve or disapprove the proposed 
rule change.\5\ On September 28, 2021, the Exchange filed Amendment No. 
1 to the proposed rule change, which superseded the proposed rule 
change as originally filed in its entirety.\6\ On September 29, 2021, 
the Commission published the proposed rule change, as modified by 
Amendment No. 1, for notice and comment and instituted proceedings to 
determine whether to approve or disapprove the proposed rule change, as 
modified by Amendment No. 1.\7\ The Commission has received no comments 
on the proposed rule change.
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 92696, 86 FR 47350 
(August 24, 2021). The Commission designated October 7, 2021, as the 
date by which the Commission shall approve or disapprove, or 
institute proceedings to determine whether to approve or disapprove, 
the proposed rule change.
    \6\ Amendment No. 1 is available on the Commission's website at 
https://www.sec.gov/comments/sr-nysearca-2021-47/srnysearca202147-9304467-259869.pdf.
    \7\ See Securities Exchange Act Release No. 93193, 86 FR 55926 
(October 7, 2021).
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \8\ 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 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 notice and comment in the Federal Register on 
July 9, 2021.\9\ January 5, 2022 is 180 days from that date, and March 
6, 2022 is 240 days from that date. The Commission finds it 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. Accordingly, the Commission, 
pursuant to Section 19(b)(2) of the Act,\10\ designates March 6, 2022 
as the date by which the Commission shall either approve or disapprove 
the proposed rule change, as modified by Amendment No. 1 (File No. SR-
NYSEArca-2021-47).
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78s(b)(2).
    \9\ See Notice, supra note 3.
    \10\ 15 U.S.C. 78s(b)(2).
    \11\ 17 CFR 200.30-3(a)(57).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-27656 Filed 12-21-21; 8:45 am]
BILLING CODE 8011-01-P

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