; and (ii) identify the specific deficiencies with the listing notice that necessitated the disapproval. (C) Extensions The Commission may extend the time for disapproval under subparagraph (B)— (i) once, for 20 days, through written notice to the digital commodity exchange given by a division director; and (ii) once, for an additional 90 business days, through notice given by the Commission which includes a description of any deficiencies with the listing notice, including any— (I) novel or complex issues which require additional time to analyze; (II) missing information or inadequate explanations; or (III) potential inconsistencies with this Act. (D) Expiration The authority provided by this subparagraph shall expire 1 year after the date of the final promulgation of the digital commodity exchange registration requirements, or on the first registration of a digital commodity exchange, whichever occurs earlier. . (d) Common provisions applicable to registered entities Section 5c of such Act ( 7 U.S.C. 7a–2 ) is amended— (1) in subsection (a), by striking 5(d) and 5b(c)(2) and inserting 5(d), 5b(c)(2), and 5i(c) ; (2) in subsection (b)— (A) in each of paragraphs (1) and (2), by inserting digital commodity exchange, before derivatives ; and (B) in paragraph (3), by inserting digital commodity exchange, before derivatives each place it appears; and (3) in subsection (c)— (A) in paragraph (2), by inserting or participants before (in ; (B) in paragraph (4)(B), by striking 1a(10) and inserting 1a(9)