Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Amend the NYSE Listed Company Manual To Modify Its Requirements With Respect to Physical Delivery of Proxy Materials to the Exchange

Federal Register, Volume 83 Issue 18 (Friday, January 26, 2018)

Federal Register Volume 83, Number 18 (Friday, January 26, 2018)

Notices

Pages 3812-3813

From the Federal Register Online via the Government Publishing Office www.gpo.gov

FR Doc No: 2018-01419

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SECURITIES AND EXCHANGE COMMISSION

Release No. 34-82565; File No. SR-NYSE-2017-42

Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Amend the NYSE Listed Company Manual To Modify Its Requirements With Respect to Physical Delivery of Proxy Materials to the Exchange

January 22, 2018.

On November 22, 2017, New York Stock Exchange LLC (``NYSE'' 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 amend the NYSE Listed Company Manual (the ``Manual'') to modify its requirements with respect to the physical delivery of proxy materials to the Exchange. The proposed rule change was published for comment in the

Page 3813

Federal Register on December 12, 2017.\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 No. 82225 (December 6, 2017), 82 FR 58473.

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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 filing is January 26, 2018.

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\4\ 15 U.S.C. 78s(b)(2).

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The Commission is extending the 45-day time period for Commission action on the proposed rule change. 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 Exchange's proposal. Accordingly, pursuant to Section 19(b)(2) of the Act,\5\ the Commission designates March 12, 2018, 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-NYSE-2017-42).

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\5\ 15 U.S.C. 78s(b)(2).

\6\ 17 CFR 200.30-3(a)(31).

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\6\

Eduardo A. Aleman,

Assistant Secretary.

FR Doc. 2018-01419 Filed 1-25-18; 8:45 am

BILLING CODE 8011-01-P

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