
[Federal Register Volume 84, Number 23 (Monday, February 4, 2019)]
[Notices]
[Page 1525]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00805]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-84982; File No. SR-FINRA-2018-039]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of a Longer Period for 
Commission Action on a Proposed Rule Change Relating to FINRA Rule 4570 
(Custodian of Books and Records)

January 11, 2019.
    On November 15, 2018, Financial Industry Regulatory Authority, Inc. 
(``FINRA'') 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 relating to FINRA Rule 4570 (Custodian of Books 
and Records). The proposed rule change was published for comment in the 
Federal Register on November 30, 2018.\3\ The Commission has received 
no comment letters regarding the proposed rule change.
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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. 84646 (November 26, 
2018), 83 FR 61689.
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    Section 19(b)(2) of the Act\4\ provides that, within 45 days of 
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 find 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 January 14, 2019. The Commission is extending this 45-day time 
period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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.\5\ Accordingly, 
the Commission, pursuant to Section 19(b)(2) of the Act,\6\ designates 
February 28, 2019, 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-FINRA-2018-39).
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    \5\ We also note that by letter dated December 27, 2018, FINRA 
consented to extending to February 28, 2019 the time period for 
Commission action on SR-FINRA-2018-039. See http://www.finra.org/sites/default/f2018-39-Extension-1.pdf.
    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Brent J. Fields,
Secretary.
[FR Doc. 2019-00805 Filed 2-1-19; 8:45 am]
 BILLING CODE 8011-01-P


