Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 11.6(n)(4) and Rule 11.10(a)(4)(D) To Permit the Use of the Post Only Order Instruction at Prices Below $1.00, 20735 [2024-06164]
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Federal Register / Vol. 89, No. 58 / Monday, March 25, 2024 / Notices
Section 19(b)(2) of the Act 8 provides
that, after initiating proceedings, the
Commission shall issue an order
approving or disapproving the proposed
rule change not later than 180 days after
the date of publication of notice of filing
of the proposed rule change. The
Commission may extend the period for
issuing an order approving or
disapproving the proposed rule change,
however, by not more than 60 days if
the Commission determines that a
longer period is appropriate and
publishes the reasons for such
determination. The proposed rule
change was published for comment in
the Federal Register on October 3,
2023.9 The 180th day after publication
of the proposed rule change is March
31, 2024. The Commission is extending
the time period for approving or
disapproving the proposed rule change
for an additional 60 days.
The Commission finds that it is
appropriate to designate a longer period
within which to issue an order
approving or disapproving the proposed
rule change so that it has sufficient time
to consider the proposed rule change
and the issues raised therein.
Accordingly, the Commission, pursuant
to section 19(b)(2) of the Act,10
designates May 30, 2024, as the date by
which the Commission shall either
approve or disapprove the proposed
rule change (File No. SR–NASDAQ–
2023–035).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–06169 Filed 3–22–24; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–99766; File No. SR–
CboeEDGX–2024–007]
khammond on DSKJM1Z7X2PROD with NOTICES
Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of
Designation of a Longer Period for
Commission Action on a Proposed
Rule Change To Amend Rule 11.6(n)(4)
and Rule 11.10(a)(4)(D) To Permit the
Use of the Post Only Order Instruction
at Prices Below $1.00
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 Rule
11.6(n)(4) and Rule 11.10(a)(4)(D) to
permit the use of the Post Only order
instruction at prices below $1.00. The
proposed rule change was published for
comment in the Federal Register on
February 7, 2024.3 The Commission has
received no comment letters on the
proposed rule change.
Section 19(b)(2) of the Act 4 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding, or as to which the
self-regulatory organization consents,
the Commission will either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day after
publication of the notice for this
proposed rule change is March 23, 2024.
The Commission is extending this 45day time period.
The Commission finds it appropriate
to designate a longer period within
which to issue an order approving or
disapproving the proposed rule change,
so that it has sufficient time to consider
the proposed rule change. Accordingly,
the Commission, pursuant to Section
19(b)(2) of the Act,5 designates May 7,
2024, as the date by which the
Commission shall either approve or
disapprove the proposed rule change
(File No. SR–CboeEDGX–2024–007).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–06164 Filed 3–22–24; 8:45 am]
BILLING CODE 8011–01–P
On January 19, 2024, Cboe EDGX
Exchange, Inc. (the ‘‘Exchange’’ or
‘‘EDGX’’) filed with the Securities and
8 15
U.S.C. 78s(b)(2).
supra note 3 and accompanying text.
10 15 U.S.C. 78s(b)(2).
11 17 CFR 200.30–3(a)(57).
9 See
VerDate Sep<11>2014
18:08 Mar 22, 2024
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–99774; File No. SR–FICC–
2024–004]
Self-Regulatory Organizations; Fixed
Income Clearing Corporation; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change To Amend the
Clearing Agency Liquidity Risk
Management Framework and the
Clearing Agency Stress Testing
Framework
March 19, 2024.
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 March 11,
2024, Fixed Income Clearing
Corporation (‘‘FICC’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II and III
below, which Items have been prepared
by the clearing agency. FICC filed the
proposed rule change pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f)(6) thereunder.4 The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Clearing Agency’s Statement of the
Terms of Substance of the Proposed
Rule Change
The proposed rule change consists of
amendments to Clearing Agency
Liquidity Risk Management Framework
(‘‘LRM Framework’’) and the Clearing
Agency Stress Testing Framework
(Market Risk) (‘‘ST Framework’’ and,
together with the LRM Framework, the
‘‘Frameworks’’) of FICC and its
affiliates, The Depository Trust
Company (‘‘DTC’’) and National
Securities Clearing Corporation
(‘‘NSCC,’’ and together with FICC and
DTC, the ‘‘Clearing Agencies’’), as
described below. FICC is filing the
proposed rule change for immediate
effectiveness pursuant to Section
19(b)(3)(A) of the Act 5 and Rule 19b–
4(f)(6) thereunder,6 as described in
greater detail below.7
1 15
March 19, 2024.
Jkt 262001
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(6).
5 15 U.S.C. 78s(b)(3)(A).
6 17 CFR 240.19b–4(f)(6).
7 Capitalized terms not defined herein shall have
the meaning assigned to such terms in each of the
Clearing Agencies’ respective Rules, available at
www.dtcc.com/legal/rules-and-procedures.
2 17
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 99459
(February 1, 2024), 89 FR 8473 (February 7, 2024)
(SR–CboeEDGX–2024–007).
4 15 U.S.C. 78s(b)(2).
5 15 U.S.C. 78s(b)(2).
6 17 CFR 200.30–3(a)(31).
2 17
PO 00000
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Fmt 4703
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E:\FR\FM\25MRN1.SGM
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Agencies
[Federal Register Volume 89, Number 58 (Monday, March 25, 2024)]
[Notices]
[Page 20735]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06164]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-99766; File No. SR-CboeEDGX-2024-007]
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice
of Designation of a Longer Period for Commission Action on a Proposed
Rule Change To Amend Rule 11.6(n)(4) and Rule 11.10(a)(4)(D) To Permit
the Use of the Post Only Order Instruction at Prices Below $1.00
March 19, 2024.
On January 19, 2024, Cboe EDGX Exchange, Inc. (the ``Exchange'' or
``EDGX'') 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 Rule 11.6(n)(4) and Rule 11.10(a)(4)(D)
to permit the use of the Post Only order instruction at prices below
$1.00. The proposed rule change was published for comment in the
Federal Register on February 7, 2024.\3\ The Commission has received no
comment letters on the proposed rule change.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 99459 (February 1,
2024), 89 FR 8473 (February 7, 2024) (SR-CboeEDGX-2024-007).
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \4\ provides that within 45 days of the
publication of notice of the filing of a proposed rule change, or
within such longer period up to 90 days as the Commission may designate
if it finds such longer period to be appropriate and publishes its
reasons for so finding, or as to which the self-regulatory organization
consents, the Commission will either approve the proposed rule change,
disapprove the proposed rule change, or institute proceedings to
determine whether the proposed rule change should be disapproved. The
45th day after publication of the notice for this proposed rule change
is March 23, 2024. The Commission is extending this 45-day time period.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
The Commission finds it appropriate to designate a longer period
within which to issue an order approving or disapproving the proposed
rule change, so that it has sufficient time to consider the proposed
rule change. Accordingly, the Commission, pursuant to Section 19(b)(2)
of the Act,\5\ designates May 7, 2024, as the date by which the
Commission shall either approve or disapprove the proposed rule change
(File No. SR-CboeEDGX-2024-007).
---------------------------------------------------------------------------
\5\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
---------------------------------------------------------------------------
\6\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-06164 Filed 3-22-24; 8:45 am]
BILLING CODE 8011-01-P