[Federal Register Volume 85, Number 217 (Monday, November 9, 2020)]
[Notices]
[Page 71381]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-24791]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-90329; File No. SR-NYSENAT-2020-28]


Self-Regulatory Organizations; NYSE National, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Amend the Exchange's Co-Location Services To Establish 
Procedures for the Allocation of Cabinets to Its Co-Located Users

November 3, 2020.
    On September 2, 2020, NYSE National, Inc., (``NYSE National'' 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 procedures as part of the Exchange's 
co-location rules to allocate cabinets to its co-located users in 
situations where the Exchange cannot satisfy the user demand for 
cabinets. The proposed rule change was published for comment in the 
Federal Register on September 22, 2020.\3\ The Commission received no 
comments on 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 Nos. 89884 (September 
16, 2020), 85 FR 59576 (SR-NYSENAT-2020-28).
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    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 November 6, 2020. 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. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates 
December 21, 2020, 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-NYSENAT-2020-28).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-24791 Filed 11-6-20; 8:45 am]
BILLING CODE 8011-01-P


