# 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 To Adopt New NYSE Arca Rule 6.91P-O
On July 23, 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 Exchange Rule 6.91P-O to govern the trading of Electronic Complex Orders on the Exchange's Pillar trading platform and to make conforming amendments to Exchange Rule 6.47A-O. The proposed rule change was published for comment in the *Federal Register* on August 10, 2021. [^3] On September 20, 2021, pursuant to Section 19(b)(2) of the Act, [^4] 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 approve or disapprove the proposed rule change. [^5] On October 29, 2021, the Commission instituted proceedings to determine whether to approve or disapprove the proposed rule change. [^6] The Commission has received no comments regarding the proposed rule change.
[^1] 15 U.S.C. 78s(b)(1).
[^2] 17 CFR 240.19b-4.
[^3] Securities Exchange Act Release No. 92563 (August 4, 2021), 86 FR 43704 (“Notice”).
[^4] 15 U.S.C. 78s(b)(2).
[^5]*See* Securities Exchange Act Release No. 93057 (September 20, 2021), 86 FR 53128 (September 24, 2021). The Commission designated November 8, 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]*See* Securities Exchange Act Release No. 93466 (October 29, 2021), 86 FR 60955 (November 4, 2021).
Section 19(b)(2) of the Act [^7] 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 August 10, 2021. [^8] February 6, 2022, is 180 days from that date, and April 7, 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, [^9] designates April 7, 2022, as the date by which the Commission shall either approve or disapprove the proposed rule change (File No. SR-NYSEArca-2021-68).
[^7] 15 U.S.C. 78s(b)(2).
[^8]*See* Notice, *supra* note 3.
[^9] 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. [^10]
[^10] 17 CFR 200.30-3(a)(57).
J. Matthew DeLesDernier,
Assistant Secretary.