[Federal Register Volume 78, Number 179 (Monday, September 16, 2013)]
[Notices]
[Page 56967]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-22399]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-70358; File No. SR-FINRA-2013-031]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of a Longer Period for 
Commission Action on Proposed Rule Change Relating to Participation on 
the Alternative Display Facility

September 10, 2013.
    On July 18, 2013, 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 amend FINRA Rules 6271 and 6272 regarding the 
requirements for members seeking registration as FINRA Alternative 
Display Facility (``ADF'') Market Participants. The proposed rule 
change was published for comment in the Federal Register on August 1, 
2013.\3\ The Commission received one comment letter in response to the 
proposed rule change.\4\
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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. 70048 (July 26, 
2013), 78 FR 46652.
    \4\ See Letter to Elizabeth M. Murphy, Secretary, Commission, 
from David Harris, Chairman and CEO, National Stock Exchange, Inc., 
dated September 9, 2013.
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    Section 19(b)(2) of the Act \5\ 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 September 15, 2013. The Commission is 
extending this 45-day time period.
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    \5\ 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, comments 
received, and any response to comments submitted by FINRA.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates October 30, 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-
FINRA-2013-031).
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    \6\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-22399 Filed 9-13-13; 8:45 am]
BILLING CODE 8011-01-P