On May 14th, the SEC designated July 12, 2013 as the date by which it will either approve or disapprove the New York Stock Exchange's and NYSE MKT's individually filed proposals to delete NYSE Rules 95(c) and (d) and related Supplementary Material and NYSE MKT Rules 95(c) and (d) - Equities and related Supplementary Material, respectively. The Commission determined that it was appropriate to designate a longer period within which to issue an order approving or disapproving the proposals because the proposed elimination of the Rule 95(c) restriction on Floor brokers in connection with intra-day trading may not be consistent with the Securities Exchange Act in light of other benefits currently conferred by the Exchanges upon Floor brokers. SEC Release No. 34-69575.