Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 5.3-O To Permit the Listing and Trading of Options on Commodity-Based Trust Shares

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-99683; File No. SR-NYSEARCA-2024-06]

Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 5.3-O To Permit the Listing and Trading of Options on Commodity-Based Trust Shares

March 6, 2024.

On January 16, 2024, NYSE Arca, Inc. filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)

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and Rule 19b-4 thereunder,

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a proposed rule change to list and trade options on Commodity-Based Trust Shares. The proposed rule change was published for comment in the

Federal Register

on January 25, 2024.

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The Commission has received one comment on the proposed rule change.

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1

15 U.S.C. 78s(b)(1).

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17 CFR 240.19b-4.

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See

Securities Exchange Act Release No. 99398 (January 19, 2024), 89 FR 5029.

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Comments are available at:

https://www.sec.gov/comments/sr-nysearca-2024-06/srnysearca202406.htm.

Section 19(b)(2) of the Act

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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 proposed rule change is March 10, 2024. The Commission is extending this 45-day time period.

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

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 the proposed rule change. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,

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designates April 24, 2024 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-NYSEARCA-2024-06).

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Id.

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

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

Sherry R. Haywood,

Assistant Secretary.

[FR Doc. 2024-05152 Filed 3-11-24; 8:45 am]

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