[Federal Register Volume 87, Number 64 (Monday, April 4, 2022)]
[Notices]
[Page 19566]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-06985]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94538; File No. SR-DTC-2021-014]


Self-Regulatory Organizations; The Depository Trust Company; 
Notice of Withdrawal of a Proposed Rule Change To Provide Settlement 
Services for Transactions Entered Into Under the Proposed Securities 
Financing Transaction Clearing Service of the National Securities 
Clearing Corporation

March 29, 2022.
    On July 22, 2021, The Depository Trust Company (``DTC'') filed with 
the Securities and Exchange Commission (``Commission'') proposed rule 
change SR-DTC-2021-014 (``Proposed Rule Change'') pursuant to Section 
19(b)(1) of the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 
19b-4 thereunder.\2\ The Proposed Rule Change was published for comment 
in the Federal Register on August 11, 2021.\3\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 92572 (August 5, 2021), 
86 FR 44077 (August 11, 2021) (SR-DTC-2021-014).
---------------------------------------------------------------------------

    On September 2, 2021, pursuant to Section 19(b)(2) of the Act,\4\ 
the Commission designated a longer period within which to approve, 
disapprove, or institute proceedings to determine whether to approve or 
disapprove the Proposed Rule Change.\5\ On November 5, 2021, the 
Commission instituted proceedings pursuant to Section 19(b)(2)(B) of 
the Act,\6\ to determine whether to approve or disapprove the Proposed 
Rule Change.\7\ On February 7, 2022, pursuant to Section 19(b)(2) of 
the Act,\8\ the Commission designated a longer period for Commission 
action on the proceedings to determine whether to approve or disapprove 
the Proposed Rule Change.\9\
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78s(b)(2).
    \5\ Securities Exchange Act Release No. 92861 (September 2, 
2021), 86 FR 50570 (September 9, 2021) (SR-DTC-2021-014).
    \6\ 15 U.S.C. 78s(b)(2)(B).
    \7\ Securities Exchange Act Release No. 93533 (November 5, 
2021), 86 FR 62853 (November 12, 2021) (SR-DTC-2021-014).
    \8\ 15 U.S.C. 78s(b)(2).
    \9\ Securities Exchange Act Release No. 94167 (February 7, 
2022), 87 FR 8061 (February 11, 2022) (SR-DTC-2021-014).
---------------------------------------------------------------------------

    On March 25, 2022, DTC withdrew the Proposed Rule Change (SR-DTC-
2021-014).
---------------------------------------------------------------------------

    \10\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-06985 Filed 4-1-22; 8:45 am]
BILLING CODE 8011-01-P