83 FR 27807 - Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change To Establish a Second Trade Reporting Facility in Conjunction With Nasdaq, Inc.

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 115 (June 14, 2018)

[Federal Register Volume 83, Number 115 (Thursday, June 14, 2018)]
[Notices]
[Page 27807]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-12753]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83398; File No. SR-FINRA-2018-013]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of Longer Period for Commission 
Action on a Proposed Rule Change To Establish a Second Trade Reporting 
Facility in Conjunction With Nasdaq, Inc.

June 8, 2018.
    On April 19, 2018, the 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 to establish a second Trade Reporting Facility to 
be operated in conjunction with Nasdaq, Inc. The proposed rule change 
was published for comment in the Federal Register on April 26, 2018.\3\ 
The Commission received no comment letters on the proposal.
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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. 83082 (April 20, 
2018), 83 FR 18379 (``Notice'').
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    Section 19(b)(2) of the Act \4\ provides that, within 45 days of 
the publication of the 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 for this filing is June 10, 2018. 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 has determined 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 issues raised by the 
proposed rule change. Accordingly, pursuant to Section 19(b)(2) of the 
Act,\5\ the Commission designates July 25, 2018, as the date by which 
the Commission shall either approve, disapprove, or institute 
proceedings to determine whether to disapprove the proposed rule change 
(File No. SR FINRA-2018-013).
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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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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-12753 Filed 6-13-18; 8:45 am]
 BILLING CODE 8011-01-P