[Federal Register Volume 87, Number 84 (Monday, May 2, 2022)]
[Notices]
[Pages 25689-25690]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-09314]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94795; File No. SR-NYSE-2022-11]


Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Designation of a Longer Period for Commission Action on a 
Proposed Rule Change, as Modified by Amendment No. 1, To Amend the NYSE 
Listed Company Manual To Provide a Limited Exemption From the 
Shareholder Approval Requirements for Closed-End Management Investment 
Companies With Equity Securities Listed Under Section 102.04 of the 
Listed Company Manual

April 26, 2022.
    On February 23, 2022, New York Stock Exchange LLC (``NYSE'' 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 amend the NYSE Listed Company Manual to provide 
a limited exemption from the shareholder approval requirements for 
closed-end management investment companies with equity securities 
listed under Section 102.04 of the Listed Company Manual. On March 8, 
2022, the Exchange filed Amendment No. 1 to the proposed rule change, 
which replaced and superseded the proposed rule change in its entirety. 
The proposed rule change, as modified by Amendment No. 1, was published 
for comment in the Federal Register on March 15, 2022.\3\ The 
Commission has received no comment letters on the proposed rule change, 
as modified by Amendment No. 1.
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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. 94388 (March 9, 
2022), 87 FR 14589.
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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

[[Page 25690]]

proposed rule change is April 29, 2022. 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, as modified by 
Amendment No. 1. Accordingly, the Commission, pursuant to Section 
19(b)(2) of the Act,\5\ designates June 13, 2022 as the date by which 
the Commission shall either approve or disapprove, or institute 
proceedings to determine whether to disapprove, the proposed rule 
change, as modified by Amendment No. 1 (File No. SR-NYSE-2022-11).
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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. 2022-09314 Filed 4-29-22; 8:45 am]
BILLING CODE 8011-01-P


