Sunshine Act Meetings, 15622 [2024-04597]
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15622
Federal Register / Vol. 89, No. 43 / Monday, March 4, 2024 / Notices
regulations thereunder with respect to
24X are satisfied.2
24X’s Form 1 application states that
24X would be wholly owned by its
parent company, 24X US Holdings LLC
(‘‘US Holdings’’), which in turn is
wholly owned by 24X Bermuda
Holdings LLC (‘‘Bermuda Holdings’’).
The Form 1 application provides that
24X would operate a fully automated
electronic trading platform for the
trading of listed equities and would not
maintain a physical trading floor. One
novel feature of 24X’s Form 1
application is that 24X proposes to enter
into an agreement with MEMX
Technologies, LLC to license the
technology underlying 24X.3 The Form
1 application provides that liquidity
would be derived from quotes as well as
orders to buy and orders to sell
submitted to 24X electronically by 24X
members from remote locations. 24X
proposes to have one class of
membership open to registered brokerdealers. Another novel feature of 24X’s
proposed trading rules is that 24X
intends to allow equities trading 24
hours a day, 7 days per week, 365 days
a year.4 24X has proposed specific rules
to govern trading outside of regular
trading hours.5
A more detailed description of the
manner of operation of 24X’s proposed
system can be found in Exhibit E to
24X’s Form 1 application. The proposed
rulebook for the proposed exchange can
be found in Exhibit B to 24X’s Form 1
application, and the governing
documents for 24X, US Holdings and
Bermuda Holdings can be found in
Exhibit A and Exhibit C to 24X’s Form
1 application. A listing of the officers
and directors of 24X can be found in
Exhibit J to 24X’s Form 1 application. A
complete set of forms concerning
membership and access can be found in
Exhibit F to 24X’s Form 1 application.
24X’s Form 1 application, including
all of the Exhibits referenced above, is
available online at www.sec.gov/rules/
other.shtml as well as in the
Commission’s Public Reference Room.
Interested persons are invited to submit
written data, views, and arguments
concerning 24X’s Form 1 application,
including whether the application is
consistent with the Exchange Act.
Comments may be submitted by any
of the following methods:
2 15
U.S.C. 78s(a).
Exhibits C and E to 24X’s Form 1
application.
4 See proposed 24X Rule 11.1 (describing the
hours of trading and trading days for 24X).
5 For example, see proposed 24X Rule 11.16
(describing what orders are eligible for execution
outside of regular trading hours).
3 See
VerDate Sep<11>2014
17:45 Mar 01, 2024
Jkt 262001
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include file number 10–
242 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to file
number 10–242. This file number
should be included on the subject line
if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/other.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to 24X’s Form 1
application filed with the Commission,
and all written communications relating
to the application 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
a.m. and 3 p.m. Copies of the filing also
will be available for inspection and
copying at the principal office of the
Exchange. Do not include personal
identifiable information in submissions;
you should submit only information
that you wish to make available
publicly. We may redact in part or
withhold entirely from publication
submitted material that is obscene or
subject to copyright protection. All
submissions should refer to file number
10–242 and should be submitted on or
before April 18, 2024.
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meetings
TIME AND DATE:
2:00 p.m. on Thursday,
March 7, 2024.
The meeting will be held via
remote means and/or at the
Commission’s headquarters, 100 F
Street, NE, Washington, DC 20549.
PLACE:
This meeting will be closed to
the public.
STATUS:
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 her designee, has
certified that, in her 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.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
Sherry R. Haywood,
Assistant Secretary.
CONTACT PERSON FOR MORE INFORMATION:
[FR Doc. 2024–04427 Filed 3–1–24; 8:45 am]
Dated: February 29, 2024.
Vanessa A. Countryman,
Secretary.
BILLING CODE 8011–01–P
For further information; please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
Authority: 5 U.S.C. 552b.
[FR Doc. 2024–04597 Filed 2–29–24; 11:15 am]
6 17
PO 00000
CFR 200.30–3(a)(16) and (a)(71)(i).
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Agencies
[Federal Register Volume 89, Number 43 (Monday, March 4, 2024)]
[Notices]
[Page 15622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04597]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meetings
TIME AND DATE: 2:00 p.m. on Thursday, March 7, 2024.
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 her designee, has
certified that, in her 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: February 29, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-04597 Filed 2-29-24; 11:15 am]
BILLING CODE 8011-01-P