Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Withdrawal of a Proposed Rule Change To Amend the Requirement Applicable to Special Purpose Acquisition Companies Upon Consummatio


Citation: "86 FR 13433"

Document Number: "Release No. 34-91242; File No. SR-NYSE-2020-90"

Page Number: "13433"

"Notices"

On October 27, 2020, 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 its listing requirements applicable to special purpose acquisition companies upon consummation of a business combination by allowing such companies 15 calendar days following the closing of a business combination to demonstrate compliance with the Exchange's round lot shareholder requirement.

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

   FOOTNOTE 2 17 CFR 240.19b-4. END FOOTNOTE

The proposed rule change was published for comment in the Federal Register on November 16, 2020. /3/ On December 21, 2020, pursuant to Section 19(b)(2) of the Act, /4/ the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change to February 14, 2021. /5/ On February 12, 2021, the Commission instituted proceedings to determine whether to approve or disapprove the proposed rule change. /6/ On February 16, 2021, the Exchange withdrew the proposed rule change (SR-NYSE-2020-90).

   FOOTNOTE 3 See Securities Exchange Act Release No. 90382 (November 9, 2020), 85 FR 73121 ("Notice"). Comment on the proposed rule change is located at: https://www.sec.gov/comments/sr-nyse-2020-90/srnyse202090.htm. END FOOTNOTE

   FOOTNOTE 4 15 U.S.C. 78s(b)(2). END FOOTNOTE

   FOOTNOTE 5 See Securities Exchange Act Release No. 90739, 85 FR 85759 (December 29, 2020). END FOOTNOTE

   FOOTNOTE 6 See Securities Exchange Act Release No. 91120, 86 FR 10379 (February 19, 2021). END FOOTNOTE

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. /7/

   FOOTNOTE 7 17 CFR 200.30-3(a)(12). END FOOTNOTE

J. Matthew DeLesDernier,

Assistant Secretary.

[FR Doc. 2021-04680 Filed 3-5-21; 8:45 am]

BILLING CODE 8011-01-P

Related Businesses
    - - Customer
    Copyright © 2024 by CreditRiskMonitor.com (Ticker: CRMZ®). All rights reserved.  You are not permitted to use this report or the information contained herein for any purpose not expressly permitted by CreditRiskMonitor.com, Inc. Except as expressly permitted by CreditRiskMonitor.com, Inc., you are not permitted, in whole or in part, to copy, alter, correct, adapt, translate, enhance, lease, sell, sublicense, assign, distribute, publish, otherwise make available to any third party, or prepare derivative works or improvements of this report or any of the information contained therein. You are not permitted to reverse engineer, disassemble, decompile, decode, or adapt the software, algorithms or other processes used to prepare this report, or otherwise attempt to derive or gain access to the source code of same. You agree not to remove, alter, obscure, combine or otherwise change any disclaimers, trademarks, copyrights, other intellectual property rights, proprietary rights, or other symbols, notices, marks, or serial numbers on or relating to any copy of the report or on marketing or other materials that CreditRiskMonitor.com, Inc. may provide to you. You will not use this report in any manner or for any purpose that infringes, misappropriates, or otherwise violates any right of any party, or that violates any applicable law.  
    The FRISK® scores, agency ratings, credit limit recommendations and other scores, analysis and commentary are opinions of CreditRiskMonitor.com, Inc. and/or its suppliers, not statements of fact, and should be one of several factors in making credit decisions.  Any reliance you place on the information in this report is strictly at your own risk. Except as expressly provided by CreditRiskMonitor.com, Inc., no warranties or representations of any type, including without limitation of results to be obtained, merchantability or fitness for a particular purpose, are made concerning any part of CreditRiskMonitor.com, Inc.’s service, including without limitation the FRISK® scores.  The information published above has been obtained from sources CreditRiskMonitor considers to be reliable.  CreditRiskMonitor.com, Inc. and its third-party suppliers do not guarantee or validate the accuracy and completeness of the information provided in this report, the underlying information input to create the FRISK® scores, and specifically do not assume responsibility for not reporting any information omitted or withheld.  By using this website, you accept the Terms of Use Agreement. 
    Contact Us: 845.230.3000
    Fundamental financial data concerning public companies may be provided by Refinitiv (click for restrictions)
    Tuesday, April 23, 2024