Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change, as Modified by Partial Amendment No. 1, by the Options Clearing Corporation Concerning Its Stock Loan Programs, 86046 [2024-25051]

Download as PDF 86046 Federal Register / Vol. 89, No. 209 / Tuesday, October 29, 2024 / Notices All submissions should refer to file number SR–SAPPHIRE–2024–32. 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–SAPPHIRE–2024–32 and should be submitted on or before November 19, 2024. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.62 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–25056 Filed 10–28–24; 8:45 am] khammond on DSKJM1Z7X2PROD with NOTICES BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–101412; File No. SR–OCC– 2024–011] Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change, as Modified by Partial Amendment No. 1, by the Options Clearing Corporation Concerning Its Stock Loan Programs October 23, 2024. On August 22, 2024, The Options Clearing Corporation (‘‘OCC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change SR–OCC–2024– 011 pursuant to Section 19(b) of the Securities Exchange Act of 1934 (‘‘Exchange Act’’) 1 and Rule 19b–4 2 thereunder to address limitations in the structure of OCC’s Stock Loan/Hedge (‘‘Hedge’’) Program and Market Loan Program (together, the ‘‘Stock Loan Programs’’) by creating the framework for a single, enhanced program designed to support current and future needs. The proposed rule change, as modified by Partial Amendment No. 1 (hereafter ‘‘Proposed Rule Change’’), was published for public comment in the Federal Register on September 10, 2024.3 The Commission has not received comments regarding the Proposed Rule Change. Section 19(b)(2)(i) of the Exchange Act 4 provides that, within 45 days of the publication of notice of the filing of a proposed rule change, the Commission shall either approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether the proposed rule change should be disapproved unless the Commission extends the period within which it must act as provided in Section 19(b)(2)(ii) of the Exchange Act.5 Section 19(b)(2)(ii) of the Exchange Act allows the Commission to designate a longer period for review (up to 90 days from the publication of notice of the filing of a proposed rule change) if the Commission finds such longer period to be appropriate and publishes its reasons for so finding, or as to which the self-regulatory organization consents.6 1 15 U.S.C. 78s(b)(1). CFR 240.19b–4. 3 Securities Exchange Act Release No. 100930 (Sept. 4, 2024), 89 FR 73466 (Sept. 10, 2024) (File No. SR–OCC–2024–011). 4 15 U.S.C. 78s(b)(2)(i). 5 15 U.S.C. 78s(b)(2)(ii). 6 Id. 2 17 62 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 17:34 Oct 28, 2024 Jkt 265001 PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 The 45th day after publication of the Notice of Filing is October 25, 2024. In order to provide the Commission with sufficient time to consider the Proposed Rule Change, the Commission finds that it is appropriate to designate a longer period within which to take action on the Proposed Rule Change, and therefore is extending this 45-day time period. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Exchange Act,7 designates December 9, 2024, as the date by which the Commission shall either approve, disapprove, or institute proceedings to determine whether to disapprove the Proposed Rule Change. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.8 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024–25051 Filed 10–28–24; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–101416; File No. SR– CboeEDGA–2024–037] Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing of a Proposed Rule Change With Respect to Amendments to the Seventh Amended and Restated Bylaws (the ‘‘CGM Bylaws’’) of Its Parent Corporation, Cboe Global Markets, Inc. (‘‘Cboe’’ or ‘‘Corporation’’) October 23, 2024. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on October 11, 2024, Cboe EDGA Exchange, Inc. (the ‘‘Exchange’’ or ‘‘EDGA’’) 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 Exchange. 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 Cboe EDGA Exchange, Inc. (the ‘‘Exchange’’ or ‘‘EDGA’’) is filing with the Securities and Exchange 7 15 U.S.C. 78s(b)(2). CFR 200.30–3(a)(12). 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 8 17 E:\FR\FM\29OCN1.SGM 29OCN1

Agencies

SECURITIES AND EXCHANGE COMMISSION

[Federal Register Volume 89, Number 209 (Tuesday, October 29, 2024)]
[Notices]
[Page 86046]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-25051]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-101412; File No. SR-OCC-2024-011]


Self-Regulatory Organizations; The Options Clearing Corporation; 
Notice of Designation of Longer Period for Commission Action on 
Proposed Rule Change, as Modified by Partial Amendment No. 1, by the 
Options Clearing Corporation Concerning Its Stock Loan Programs

October 23, 2024.
    On August 22, 2024, The Options Clearing Corporation (``OCC'') 
filed with the Securities and Exchange Commission (``Commission'') the 
proposed rule change SR-OCC-2024-011 pursuant to Section 19(b) of the 
Securities Exchange Act of 1934 (``Exchange Act'') \1\ and Rule 19b-4 
\2\ thereunder to address limitations in the structure of OCC's Stock 
Loan/Hedge (``Hedge'') Program and Market Loan Program (together, the 
``Stock Loan Programs'') by creating the framework for a single, 
enhanced program designed to support current and future needs. The 
proposed rule change, as modified by Partial Amendment No. 1 (hereafter 
``Proposed Rule Change''), was published for public comment in the 
Federal Register on September 10, 2024.\3\ The Commission has not 
received comments regarding the Proposed Rule Change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 100930 (Sept. 4, 2024), 
89 FR 73466 (Sept. 10, 2024) (File No. SR-OCC-2024-011).
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    Section 19(b)(2)(i) of the Exchange Act \4\ provides that, within 
45 days of the publication of notice of the filing of a proposed rule 
change, the Commission shall either approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved unless 
the Commission extends the period within which it must act as provided 
in Section 19(b)(2)(ii) of the Exchange Act.\5\ Section 19(b)(2)(ii) of 
the Exchange Act allows the Commission to designate a longer period for 
review (up to 90 days from the publication of notice of the filing of a 
proposed rule change) if the Commission finds such longer period to be 
appropriate and publishes its reasons for so finding, or as to which 
the self-regulatory organization consents.\6\
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    \4\ 15 U.S.C. 78s(b)(2)(i).
    \5\ 15 U.S.C. 78s(b)(2)(ii).
    \6\ Id.
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    The 45th day after publication of the Notice of Filing is October 
25, 2024. In order to provide the Commission with sufficient time to 
consider the Proposed Rule Change, the Commission finds that it is 
appropriate to designate a longer period within which to take action on 
the Proposed Rule Change, and therefore is extending this 45-day time 
period.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Exchange Act,\7\ designates December 9, 2024, as the date by which the 
Commission shall either approve, disapprove, or institute proceedings 
to determine whether to disapprove the Proposed Rule Change.
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    \7\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-25051 Filed 10-28-24; 8:45 am]
BILLING CODE 8011-01-P

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