Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of Withdrawal of Proposed Rule Change To Amend the Fee Schedule To Modify Certain Connectivity Fees and Ports Fees, 71051 [2023-22505]
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Federal Register / Vol. 88, No. 197 / Friday, October 13, 2023 / Notices
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2023.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–22505 Filed 10–12–23; 8:45 am]
BILLING CODE 8011–01–P
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.23
J. Lynn Taylor,
Assistant Secretary.
SECURITIES AND EXCHANGE
COMMISSION
[FR Doc. 2023–22611 Filed 10–12–23; 8:45 am]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Filing of a
Proposed Rule Change To Amend the
FINRA Codes of Arbitration Procedure
and Code of Mediation Procedure To
Revise and Restate the Qualifications
for Representatives in Arbitrations and
Mediations
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–98691; File No. SR–
EMERALD–2023–19]
Self-Regulatory Organizations; MIAX
Emerald, LLC; Notice of Withdrawal of
Proposed Rule Change To Amend the
Fee Schedule To Modify Certain
Connectivity Fees and Ports Fees
October 5, 2023.
On August 8, 2023, MIAX Emerald,
LLC (‘‘MIAX Emerald’’ 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 certain connectivity
and port fees.
The proposed rule change was
immediately effective upon filing with
the Commission pursuant to section
19(b)(3)(A) of the Act.3 The proposed
rule change was published for comment
in the Federal Register on August 25,
2023.4 On September 29, 2023, pursuant
to section 19(b)(3)(C) of the Act,5 the
23 17
CFR 200.30–3(a)(12), (59).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A). A proposed rule change
may take effect upon filing with the Commission if
it is designated by the exchange as ‘‘establishing or
changing a due, fee, or other charge imposed by the
self-regulatory organization on any person, whether
or not the person is a member of the self-regulatory
organization.’’ 15 U.S.C. 78s(b)(3)(A)(ii).
4 See Securities Exchange Act Release No. 98176
(August 21, 2023), 88 FR 58342.
5 15 U.S.C. 78s(b)(3)(C).
1 15
lotter on DSK11XQN23PROD with NOTICES1
Commission: (1) temporarily suspended
the proposed rule change; and (2)
instituted proceedings under Section
19(b)(2)(B) of the Act 6 to determine
whether to approve or disapprove the
proposed rule change.7 On October 2,
2023, the Exchange withdrew the
proposed rule change (SR–EMERALD–
2023–19).
VerDate Sep<11>2014
16:55 Oct 12, 2023
Jkt 262001
[Release No. 34–98703; File No. SR–FINRA–
2023–013]
October 6, 2023.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on October
5, 2023, the Financial Industry
Regulatory Authority, Inc. (‘‘FINRA’’)
filed with the Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’)
the proposed rule change as described
in Items I, II, and III below, which Items
have been prepared by FINRA. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
FINRA is proposing to amend FINRA
Rule 12208(b) through (d) of the Code of
Arbitration Procedure for Customer
Disputes (‘‘Customer Code’’), FINRA
Rule 13208(b) through (d) of the Code of
Arbitration Procedure for Industry
Disputes (‘‘Industry Code’’) and FINRA
Rule 14106(b) through (d) of the Code of
Mediation Procedure (‘‘Mediation
Code’’ and collectively, ‘‘Codes’’), to
6 15
U.S.C. 78s(b)(2)(B).
Securities Exchange Act Release No. 98656,
88 FR 68680 (October 4, 2023).
8 17 CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
7 See
PO 00000
Frm 00132
Fmt 4703
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71051
revise and restate the qualifications for
representatives in arbitrations and
mediations in the forum administered
by FINRA Dispute Resolution Services
(‘‘DRS’’); to disallow compensated
representatives who are not attorneys
from representing parties in the DRS
forum; to codify that a student enrolled
in a law school participating in a law
school clinical program or its equivalent
and practicing under the supervision of
an attorney may represent investors in
the DRS forum; and to clarify the
circumstances in which any person,
including attorneys, would be
prohibited from representing parties in
the DRS forum.
The text of the proposed rule change
is available on FINRA’s website at
https://www.finra.org, at the principal
office of FINRA and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
FINRA included statements concerning
the purpose of and basis for the
proposed rule change and discussed any
comments it received on the proposed
rule change. The text of these statements
may be examined at the places specified
in Item IV below. FINRA has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
Background
The Codes currently permit parties to
arbitrations and mediations in the DRS
forum to represent themselves, to be
represented by an attorney at law in
good standing or to be represented by a
non-attorney representative (‘‘NAR’’).3
Some NARs receive compensation in
connection with their representation of
parties (‘‘compensated NARs’’).
Compensated NARs receive monetary or
non-monetary compensation in
connection with the representation of
parties—including, for example,
advance fees, consulting fees, payments
in kind, referral fees or fees pursuant to
a contingent fee arrangement. Other
NARs, often friends or relatives of a
party, may assist parties with their cases
without compensation
(‘‘uncompensated NARs’’). In addition,
although not specifically provided for in
3 See
E:\FR\FM\13OCN1.SGM
FINRA Rules 12208, 13208 and 14106.
13OCN1
Agencies
[Federal Register Volume 88, Number 197 (Friday, October 13, 2023)]
[Notices]
[Page 71051]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-22505]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-98691; File No. SR-EMERALD-2023-19]
Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of
Withdrawal of Proposed Rule Change To Amend the Fee Schedule To Modify
Certain Connectivity Fees and Ports Fees
October 5, 2023.
On August 8, 2023, MIAX Emerald, LLC (``MIAX Emerald'' 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 certain connectivity and port fees.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
The proposed rule change was immediately effective upon filing with
the Commission pursuant to section 19(b)(3)(A) of the Act.\3\ The
proposed rule change was published for comment in the Federal Register
on August 25, 2023.\4\ On September 29, 2023, pursuant to section
19(b)(3)(C) of the Act,\5\ the Commission: (1) temporarily suspended
the proposed rule change; and (2) instituted proceedings under Section
19(b)(2)(B) of the Act \6\ to determine whether to approve or
disapprove the proposed rule change.\7\ On October 2, 2023, the
Exchange withdrew the proposed rule change (SR-EMERALD-2023-19).
---------------------------------------------------------------------------
\3\ 15 U.S.C. 78s(b)(3)(A). A proposed rule change may take
effect upon filing with the Commission if it is designated by the
exchange as ``establishing or changing a due, fee, or other charge
imposed by the self-regulatory organization on any person, whether
or not the person is a member of the self-regulatory organization.''
15 U.S.C. 78s(b)(3)(A)(ii).
\4\ See Securities Exchange Act Release No. 98176 (August 21,
2023), 88 FR 58342.
\5\ 15 U.S.C. 78s(b)(3)(C).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 98656, 88 FR 68680
(October 4, 2023).
\8\ 17 CFR 200.30-3(a)(12).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-22505 Filed 10-12-23; 8:45 am]
BILLING CODE 8011-01-P