Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Change To Amend the Exchange's Fees for Top of PHLX Options (TOPO), PHLX Orders, and TOPO Plus Orders, 78928 [2024-22021]
Download as PDF
78928
Federal Register / Vol. 89, No. 187 / Thursday, September 26, 2024 / Notices
• Send an email to rule-comments@
sec.gov. Please include file number SR–
NYSE–2024–50 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 SR–NYSE–2024–50. 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/sro.shtml). Copies of the
submission, all subsequent
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
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
SR–NYSE–2024–50 and should be
submitted on or before October 17,
2024.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Vanessa A. Countryman,
Secretary.
khammond on DSKJM1Z7X2PROD with NOTICES
[FR Doc. 2024–22023 Filed 9–25–24; 8:45 am]
BILLING CODE 8011–01–P
12 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
17:11 Sep 25, 2024
Jkt 262001
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–101115; File No. SR–Phlx–
2024–15]
Self-Regulatory Organizations; Nasdaq
PHLX LLC; Notice of Designation of
Longer Period for Commission Action
on Proceedings To Determine Whether
To Approve or Disapprove Proposed
Rule Change To Amend the
Exchange’s Fees for Top of PHLX
Options (TOPO), PHLX Orders, and
TOPO Plus Orders
September 20, 2024.
On March 20, 2024, Nasdaq PHLX
LLC (‘‘Phlx’’ 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 (File Number SR–Phlx–2024–15)
to increase fees for certain market data
products (‘‘Proposal’’). 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 March 28, 2024.4 On May
16, 2024, the Commission issued an
order temporarily suspending the
proposed rule change pursuant to
Section 19(b)(3)(C) of the Act 5 and
simultaneously instituting proceedings
under Section 19(b)(2)(B) of the Act 6 to
determine whether to approve or
disapprove the proposed rule change
(‘‘Order Instituting Proceedings’’).7
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
1 15
U.S.C. 78s(b)(1).
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. 99841
(March 22, 2024), 89 FR 21648 (‘‘Notice’’).
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.
100160, 89 FR 45036 (May 22, 2024). The
Commission has received one comment letter on
the proposed rule change, as well as a response
from the Exchange to the Order Instituting
Proceedings. Comments received on the Proposal
are available at: https://www.sec.gov/comments/srphlx-2024-15/srphlx202415.htm.
8 15 U.S.C. 78s(b)(2).
2 17
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
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 notice and
comment in the Federal Register on
March 28, 2024.9 September 24, 2024 is
180 days from that date, and November
23, 2024 is 240 days from that date.
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 and its
comments. Accordingly, the
Commission, pursuant to Section
19(b)(2) of the Act,10 designates
November 23, 2024 as the date by which
the Commission shall either approve or
disapprove the proposed rule change
(File No. SR–Phlx–2024–15).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024–22021 Filed 9–25–24; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–101116; File No. SR–ISE–
2024–12]
Self-Regulatory Organizations; Nasdaq
ISE, LLC; Notice of Designation of
Longer Period for Commission Action
on Proceedings To Determine Whether
To Approve or Disapprove a Proposed
Rule Change To Adopt Rules To List
and Trade FLEX Options
September 20, 2024.
On March 11, 2024, Nasdaq ISE, LLC
(‘‘ISE’’ or the ‘‘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
adopt rules that will govern the listing
and trading of flexible exchange options
(‘‘FLEX Options’’). The proposed rule
change was published for comment in
the Federal Register on March 29,
2024.3 On May 9, 2024, pursuant to
9 See
Notice, supra note 4.
U.S.C. 78s(b)(2).
11 17 CFR 200.30–3(a)(57).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 99825
(March 21, 2024), 89 FR 22294.
10 15
E:\FR\FM\26SEN1.SGM
26SEN1
Agencies
[Federal Register Volume 89, Number 187 (Thursday, September 26, 2024)]
[Notices]
[Page 78928]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-22021]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-101115; File No. SR-Phlx-2024-15]
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of
Designation of Longer Period for Commission Action on Proceedings To
Determine Whether To Approve or Disapprove Proposed Rule Change To
Amend the Exchange's Fees for Top of PHLX Options (TOPO), PHLX Orders,
and TOPO Plus Orders
September 20, 2024.
On March 20, 2024, Nasdaq PHLX LLC (``Phlx'' 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
(File Number SR-Phlx-2024-15) to increase fees for certain market data
products (``Proposal''). 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 March 28, 2024.\4\ On May 16, 2024,
the Commission issued an order temporarily suspending the proposed rule
change pursuant to Section 19(b)(3)(C) of the Act \5\ and
simultaneously instituting proceedings under Section 19(b)(2)(B) of the
Act \6\ to determine whether to approve or disapprove the proposed rule
change (``Order Instituting Proceedings'').\7\
---------------------------------------------------------------------------
\1\ 15 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. 99841 (March 22,
2024), 89 FR 21648 (``Notice'').
\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. 100160, 89 FR 45036
(May 22, 2024). The Commission has received one comment letter on
the proposed rule change, as well as a response from the Exchange to
the Order Instituting Proceedings. Comments received on the Proposal
are available at: https://www.sec.gov/comments/sr-phlx-2024-15/srphlx202415.htm.
---------------------------------------------------------------------------
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 notice and comment in the Federal Register on
March 28, 2024.\9\ September 24, 2024 is 180 days from that date, and
November 23, 2024 is 240 days from that date.
---------------------------------------------------------------------------
\8\ 15 U.S.C. 78s(b)(2).
\9\ See Notice, supra note 4.
---------------------------------------------------------------------------
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 and its comments. Accordingly, the Commission, pursuant to
Section 19(b)(2) of the Act,\10\ designates November 23, 2024 as the
date by which the Commission shall either approve or disapprove the
proposed rule change (File No. SR-Phlx-2024-15).
---------------------------------------------------------------------------
\10\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
---------------------------------------------------------------------------
\11\ 17 CFR 200.30-3(a)(57).
---------------------------------------------------------------------------
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-22021 Filed 9-25-24; 8:45 am]
BILLING CODE 8011-01-P