[Federal Register Volume 77, Number 250 (Monday, December 31, 2012)]
[Notices]
[Page 77160]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-31240]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-68522; File No. SR-NYSE-2012-57]


Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Designation of a Longer Period for Commission Action on 
Proposed Rule Change Deleting NYSE Rules 95(c) and (d) and Related 
Supplementary Material

December 21, 2012.
    On October 26, 2012, New York Stock Exchange LLC (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 
delete NYSE Rules 95(c) and (d) and related Supplementary Material. The 
proposed rule change was published for comment in the Federal Register 
on November 15, 2012.\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. 68185 (November 8, 
2012), 77 FR 68188.
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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 for this filing is December 30, 2012. 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 this proposed rule change, which would 
delete NYSE Rules 95(c) and (d) and related Supplementary Material, and 
the potential issues raised by this proposal.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates February 13, 2013 as the date by which the 
Commission should either approve or disapprove, or institute 
proceedings to determine whether to disapprove, the proposed rule 
change (File No. SR-NYSE-2012-57).
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    \5\ 15 U.S.C. 78s(b)(2).

    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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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-31240 Filed 12-28-12; 8:45 am]
BILLING CODE 8011-01-P