# UNITED STATES OF AMERICA

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URL: https://www.frixlaw.com/law-library/documents/agency%3Asec%3Aa9399badf39a4e90

## Record

- **Collection:** Agency decision
- **Document type:** Agency decision

## Text

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 103347 / June 30, 2025
ADMINISTRATIVE PROCEEDING
File No. 3-21181
In the Matter of
Barclays PLC and Barclays Bank
PLC,
Respondents.

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ORDER EXTENDING TIME TO ENTER
AN ORDER APPROVING OR
DISAPPROVING PLAN OF
DISTRIBUTION

On January 22, 2025, pursuant to Rule 1103 of the United States Securities and Exchange
Commission’s Rules on Fair Fund and Disgorgement Plans (the “Commission’s Rules”), 17
C.F.R. § 201.1103, the Commission published a Notice of Proposed Plan of Distribution and
Opportunity for Comment (the “Notice”) 1 for the distribution of monies placed into a Fair Fund
in the above-captioned matter. The Notice invited public comment on the proposed plan of
distribution (the “Proposed Plan”) through February 21, 2025, and the Commission received two
public comments that raised various issues (the “Comments”).
Rule 1104 of the Commission’s Rules, 17 C.F.R. § 201.1104, provides in relevant part,
“[t]he order approving or disapproving the plan should be entered within 30 days after the end of
the final period allowed for comments on the proposed plan unless the Commission or the
hearing officer, by written order, allows a longer period for good cause shown.”

1

Exchange Act Rel. No. 102254 (Jan. 22, 2025).

On April 24, 2025, the Secretary, pursuant to delegated authority, issued an order
extending the time to enter an order approving or disapproving the Proposed Plan until June 30,
2025. 2
The Division states additional time is needed to present its recommendation to the
Commission regarding the Comments and the Proposed Plan, and therefore, good cause has been
shown to enter an order extending time to approve or disapprove the Proposed Plan until July 31,
2025.
Accordingly, IT IS ORDERED that pursuant to Rule 1104 of the Commission’s Rules, 3
for good cause shown, the time for entering an order approving or disapproving the Proposed
Plan is extended to July 31, 2025.
For the Commission, by the Division of Enforcement, pursuant to delegated authority. 4
Vanessa A. Countryman
Secretary

Exchange Act Rel. No. 102926 (Apr. 24, 2025).
17 C.F.R. § 201.1104.
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17 C.F.R. § 200.30-4(a)(21)(i).
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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Asec%3Aa9399badf39a4e90. Public record. Not legal advice.