Sunshine Act Meetings, 54736 [2022-19345]
Download as PDF
54736
Federal Register / Vol. 87, No. 172 / Wednesday, September 7, 2022 / Notices
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549 on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–NYSEARCA–2022–55 and
should be submitted on or before
September 28, 2022.
The General Counsel of the
Commission, or his designee, has
certified that, in his opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B)
and (10) and 17 CFR 200.402(a)(3),
(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and
(a)(10), permit consideration of the
scheduled matters at the closed meeting.
The subject matter of the closed
meeting will consist of the following
topics:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings;
Resolution of litigation claims; and
Other matters relating to examinations
and enforcement proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting agenda items that
may consist of adjudicatory,
examination, litigation, or regulatory
matters.
CONTACT PERSON FOR MORE INFORMATION:
For further information; please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.68
J. Matthew DeLesDernier,
Deputy Secretary.
Dated: September 1, 2022.
Vanessa A. Countryman,
Secretary.
(Authority: 5 U.S.C. 552b.)
[FR Doc. 2022–19345 Filed 9–2–22; 11:15 am]
BILLING CODE 8011–01–P
[FR Doc. 2022–19227 Filed 9–6–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–95651; File No. 10–239]
Sunshine Act Meetings
2:00 p.m. on Thursday,
September 8, 2022.
PLACE: The meeting will be held via
remote means and/or at the
Commission’s headquarters, 100 F
Street NE, Washington, DC 20549.
STATUS: This meeting will be closed to
the public.
MATTERS TO BE CONSIDERED:
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the closed meeting. Certain
staff members who have an interest in
the matters also may be present.
In the event that the time, date, or
location of this meeting changes, an
announcement of the change, along with
the new time, date, and/or place of the
meeting will be posted on the
Commission’s website at https://
www.sec.gov.
lotter on DSK11XQN23PROD with NOTICES1
TIME AND DATE:
In the Matter of the Application of 24X
National Exchange LLC for
Registration as a National Securities
Exchange; Order Instituting
Proceedings To Determine Whether To
Grant or Deny an Application for
Registration as a National Securities
Exchange Under Section 6 of the
Securities Exchange Act of 1934
September 1, 2022.
I. Introduction
On March 25, 2022, 24X National
Exchange LLC (‘‘24X’’ or ‘‘Exchange’’)
filed with the Securities and Exchange
Commission (‘‘Commission’’) a Form 1
application under the Securities
Exchange Act of 1934 (‘‘Act’’), seeking
registration as a national securities
exchange under Section 6 of the Act.1
Notice of the application was published
for comment in the Federal Register on
June 6, 2022.2 The Commission received
1 15
U.S.C. 78f.
Securities Exchange Act Release No. 95007
(May 31, 2022), 87 FR 34333 (‘‘Notice’’).
2 See
68 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
17:50 Sep 06, 2022
Jkt 256001
PO 00000
Frm 00067
Fmt 4703
Sfmt 4703
three comments on the application.3 As
discussed further below, the
commenters stated that 24X’s
application does not include sufficient
information about several aspects of its
proposed operation.4 One commenter
stated that the application ‘‘does not
meet the legal and administrative
requirements’’ under the Act.5 Another
commenter questioned whether ‘‘24X
has the necessary structure and checks
in place to protect investors and ensure
a fair and orderly market’’ and stated
that certain elements of 24X’s proposal
were not sufficiently described and that
additional information was required to
evaluate the proposal.6 This commenter
stated that 24X ‘‘contemplates trading
concepts that have not been tested
within the U.S. equities markets’’ and
that the application raises a number of
questions ‘‘including how its new
exchange will interact with the current
trading ecosystem.’’ 7 Another
commenter stated that the 24X Form 1
should not be approved because the
regulatory infrastructure necessary to
support its proposed trading system
does not yet exist.8
Section 19(a)(1) of the Act 9 requires
the Commission, within ninety days of
the date of publication of notice of an
application for registration as a national
securities exchange, or such longer
period as to which the applicant
consents, to, by order, grant such
registration 10 or institute proceedings to
determine whether such registration
should be denied.11 This order is
instituting proceedings under Section
19(a)(1)(B) of the Act 12 to determine
whether 24X’s application for
registration as a national securities
exchange should be granted or denied,
and provides notice of the grounds for
denial under consideration by the
Commission, as set forth below.
3 See letters from Brian Hyndman, President and
Chief Executive Officer, Blue Ocean ATS, LLC,
dated July 21, 2022 (‘‘Blue Ocean Letter’’); Eun Ah
Choi, Senior Vice President, The Nasdaq Stock
Market LLC, dated July 21, 2022 (‘‘Nasdaq Letter’’);
and Hope Jarkowski, General Counsel, NYSE
Group, dated July 29, 2022 (‘‘NYSE Letter’’) to
Vanessa A. Countryman, Secretary, Commission.
The public comment file for 24X’s Form 1
application (File No. 10–239) is available on the
Commission’s website at: https://www.sec.gov/
comments/10-239/10-239.htm.
4 See Blue Ocean Letter at 2–6, Nasdaq Letter at
2–5 and NYSE Letter at 2–4.
5 See Blue Ocean Letter at 6.
6 See Nasdaq Letter at 5.
7 Id.
8 See NYSE Letter at 4.
9 15 U.S.C. 78s(a)(1).
10 15 U.S.C. 78s(a)(1)(A).
11 15 U.S.C. 78a(a)(1)(B).
12 15 U.S.C. 78s(a)(1)(B).
E:\FR\FM\07SEN1.SGM
07SEN1
Agencies
[Federal Register Volume 87, Number 172 (Wednesday, September 7, 2022)]
[Notices]
[Page 54736]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19345]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
TIME AND DATE: 2:00 p.m. on Thursday, September 8, 2022.
PLACE: The meeting will be held via remote means and/or at the
Commission's headquarters, 100 F Street NE, Washington, DC 20549.
STATUS: This meeting will be closed to the public.
MATTERS TO BE CONSIDERED: Commissioners, Counsel to the Commissioners,
the Secretary to the Commission, and recording secretaries will attend
the closed meeting. Certain staff members who have an interest in the
matters also may be present.
In the event that the time, date, or location of this meeting
changes, an announcement of the change, along with the new time, date,
and/or place of the meeting will be posted on the Commission's website
at https://www.sec.gov.
The General Counsel of the Commission, or his designee, has
certified that, in his opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) and (10) and 17 CFR
200.402(a)(3), (a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and (a)(10),
permit consideration of the scheduled matters at the closed meeting.
The subject matter of the closed meeting will consist of the
following topics:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings;
Resolution of litigation claims; and
Other matters relating to examinations and enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting agenda items that may consist of
adjudicatory, examination, litigation, or regulatory matters.
CONTACT PERSON FOR MORE INFORMATION: For further information; please
contact Vanessa A. Countryman from the Office of the Secretary at (202)
551-5400.
(Authority: 5 U.S.C. 552b.)
Dated: September 1, 2022.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2022-19345 Filed 9-2-22; 11:15 am]
BILLING CODE 8011-01-P