Self-Regulatory Organizations; New York Stock Exchange LLC, Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend the Provisions of Rule 7.35B, 8305 [2022-03018]
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Federal Register / Vol. 87, No. 30 / Monday, February 14, 2022 / Notices
staff members who have an interest in
the matters also may be present.
In the event that the time, date, or
location of this meeting changes, an
announcement of the change, along with
the new time, date, and/or place of the
meeting will be posted on the
Commission’s website at https://
www.sec.gov.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
and (10) and 17 CFR 200.402(a)(3),
(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
(a)(10), permit consideration of the
scheduled matters at the closed meeting.
The subject matter of the closed
meeting will consist of the following
topics:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
Resolution of litigation claims; and
Other matters relating to examinations
and enforcement proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting agenda items that
may consist of adjudicatory,
examination, litigation, or regulatory
matters.
CONTACT PERSON FOR MORE INFORMATION:
For further information; please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
Authority: 5 U.S.C. 552b.
Dated: February 10, 2022.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2022–03244 Filed 2–10–22; 4:15 pm]
BILLING CODE 8011–01–P
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.7
J. Matthew DeLesDernier,
Assistant Secretary.
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 94181; File No. SR–NYSE–
2021–74]
[FR Doc. 2022–03018 Filed 2–11–22; 8:45 am]
Self-Regulatory Organizations; New
York Stock Exchange LLC, Notice of
Designation of a Longer Period for
Commission Action on a Proposed
Rule Change To Amend the Provisions
of Rule 7.35B
jspears on DSK121TN23PROD with NOTICES1
February 8, 2022.
On December 14, 2021, New York
Stock Exchange LLC (‘‘NYSE’’) 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
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
17:54 Feb 11, 2022
Jkt 256001
change to amend NYSE Rule 7.35B
relating to the cancellation of MOC,
LOC, and Closing IO Orders before the
Closing Auction. The proposed rule
change was published for comment in
the Federal Register on December 29,
2021.3 The Commission has received no
comments on the proposal.
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 the
proposed rule change is February 12,
2022. The Commission is extending this
45-day time period.
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 the proposed
rule change.5 Accordingly, the
Commission, pursuant to Section
19(b)(2) of the Act,6 designates March
29, 2022, as the date by which the
Commission shall either approve or
disapprove, or institute proceedings to
determine whether to approve or
disapprove, the proposed rule change
(File No. SR–NYSE–2021–74).
BILLING CODE 8011–01–P
3 See Securities Exchange Act Release No. 93849
(Dec. 22, 2021), 86 FR 74204 (Dec. 29, 2021
(‘‘Notice’’).
4 15 U.S.C. 78s(b)(2).
5 The Commission notes that the exchange has a
different pending proposed rule change that also
relates to the NYSE Closing Auction. See Securities
Exchange Act Release No. 93809 (Dec. 17, 2022), 86
FR 73060 (Dec. 23, 2021) (File No. SR–NYSE–2021–
44) (Order Instituting Proceedings).
6 Id.
7 17 CFR 200.30–3(a)(31).
PO 00000
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8305
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–94189; File No. SR–MEMX–
2021–10]
Self-Regulatory Organizations; MEMX
LLC; Notice of Filing of Amendment
No. 1 to, and Designation of a Longer
Period for Commission Action on
Proceedings To Determine Whether To
Approve or Disapprove, a Proposed
Rule Change To Establish a Retail
Midpoint Liquidity Program
February 8, 2022.
On August 18, 2021, MEMX LLC
(‘‘MEMX’’ or ‘‘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
establish a Retail Midpoint Liquidity
Program (‘‘Program’’). The proposed
rule change was published for comment
in the Federal Register on September 8,
2021.3 On October 19, 2021, 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.4 On December 7,
2021, the Commission instituted
proceedings under Section 19(b)(2)(B) of
the Act to determine whether to approve
or disapprove the proposed rule
change.5 On January 27, 2022, the
Exchange filed Amendment No. 1 to the
proposed rule change, which supersedes
the original filing in its entirety, and is
described in Items I and II below, which
Items have been prepared by the
Exchange.6 The Commission is
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 92844
(September 1, 2021), 86 FR 50411 (September 8,
2021). Comments on the proposed rule change can
be found at: https://www.sec.gov/comments/srmemx-2021-10/srmemx202110.htm.
4 See Securities Exchange Act Release No. 93383
(October 19, 2021), 86 FR 58964 (October 25, 2021).
5 See Securities Exchange Act Release No. 93727
(December 7, 2021), 86 FR 70874 (December 13,
2021).
6 In Amendment No. 1, the Exchange, among
other things: (1) Eliminated the ability for Users
(defined below) to elect whether to designate an
RML Order to be identified as such for purposes of
the Retail Liquidity Identifier, (2) proposes to allow
Retail Midpoint Orders to trade with both displayed
odd lot and non-displayed orders priced better than
the Midpoint Price (defined below) at those orders’
ranked prices rather than at the less aggressive
Midpoint Price, and (3) proposes to allow a Retail
Midpoint Order to interact with midpoint peg
orders (i.e., non-RML Orders) that have elected to
be able to execute in the Retail Midpoint Liquidity
Program, though only after the Retail Midpoint
Order has executed against any better priced
liquidity and any RML Orders. Cf. Investors
2 17
E:\FR\FM\14FEN1.SGM
Continued
14FEN1
]]>Agencies
[Federal Register Volume 87, Number 30 (Monday, February 14, 2022)]
[Notices]
[Page 8305]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-03018]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 94181; File No. SR-NYSE-2021-74]
Self-Regulatory Organizations; New York Stock Exchange LLC,
Notice of Designation of a Longer Period for Commission Action on a
Proposed Rule Change To Amend the Provisions of Rule 7.35B
February 8, 2022.
On December 14, 2021, New York Stock Exchange LLC (``NYSE'') 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
Rule 7.35B relating to the cancellation of MOC, LOC, and Closing IO
Orders before the Closing Auction. The proposed rule change was
published for comment in the Federal Register on December 29, 2021.\3\
The Commission has received no comments on the proposal.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 93849 (Dec. 22,
2021), 86 FR 74204 (Dec. 29, 2021 (``Notice'').
---------------------------------------------------------------------------
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 the proposed rule change
is February 12, 2022. The Commission is extending this 45-day time
period.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
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 the proposed rule change.\5\
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\6\ designates March 29, 2022, as the date by which the Commission
shall either approve or disapprove, or institute proceedings to
determine whether to approve or disapprove, the proposed rule change
(File No. SR-NYSE-2021-74).
---------------------------------------------------------------------------
\5\ The Commission notes that the exchange has a different
pending proposed rule change that also relates to the NYSE Closing
Auction. See Securities Exchange Act Release No. 93809 (Dec. 17,
2022), 86 FR 73060 (Dec. 23, 2021) (File No. SR-NYSE-2021-44) (Order
Instituting Proceedings).
\6\ Id.
\7\ 17 CFR 200.30-3(a)(31).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03018 Filed 2-11-22; 8:45 am]
BILLING CODE 8011-01-P
