8011-01p
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100437; File No. SR-NYSE-2024-23]
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of a
Longer Period for Commission Action on Proposed Rule Change to Amend Section
703.12(II) of the NYSE Listed Company Manual to Expand the Circumstances Under
Which Rights May Be Listed on the NYSE
June 26, 2024.
On April 29, 2024, the New York Stock Exchange LLC (“NYSE” or “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 amend Section 703.12(II) of the NYSE Listed Company Manual to expand the
circumstances under which rights may be listed on the NYSE by allowing issuers to (i) issue
rights to more than existing shareholders for a class of securities that is listed or to be listed on
the Exchange, and (ii) list and trade rights on the Exchange prior to listing the security into
which such rights will be exercisable. The proposed rule change was published for comment in
the Federal Register on May 15, 2024.3 The Commission has received no comments on the
proposal.
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

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

17 CFR 240.19b-4.

See Securities Exchange Act Release No. 100102 (May 10, 2024), 89 FR 42543.

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

after publication of the notice for this proposed rule change is June 29, 2024. The Commission
is extending this 45-day time period.
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,5 designates
August 13, 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. SRNYSE-2024-23).
For the Commission, by the Division of Trading and Markets, pursuant to delegated
authority.6

Sherry R. Haywood,
Assistant Secretary.

[FR Doc. 2024-14519 Filed: 7/1/2024 8:45 am; Publication Date: 7/2/2024]

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

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