8011-01P
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100305; File No. SR-FINRA-2024-007]
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of
Designation of a Longer Period for Commission Action on a Proposed Rule Change to
Adopt the FINRA Rule 6500 Series (Securities Lending and Transparency Engine
(SLATEâ„¢))
June 10, 2024
.
On May 1, 2024, 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
adopt the new FINRA Rule 6500 Series (Securities Lending and Transparency Engine
(SLATEâ„¢)) to (1) require reporting of securities loans; and (2) provide for the public
dissemination of loan information. The proposed rule change was published for comment in the
Federal Register on May 7, 2024.3
Section 19(b)(2) of the Act4 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 June 21, 2024. The Commission is
extending this 45-day time period.

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

17 CFR 240.19b-4.

See Securities Exchange Act Release No. 100046 (May 1, 2024), 89 FR 38203. Comments received on the
proposed rule change are available at: https://www.sec.gov/comments/sr-finra-2024007/srfinra2024007.htm.

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

The Commission finds 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 proposed
rule change and the comments received. Accordingly, pursuant to section 19(b)(2) of the Act, the
Commission designates August 5, 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-FINRA-2024-007).
For the Commission, by the Division of Trading and Markets, pursuant to delegated
authority.5

Sherry R. Haywood,
Assistant Secretary.

[FR Doc. 2024-13052 Filed: 6/13/2024 8:45 am; Publication Date: 6/14/2024]

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