Submission for OMB Review; Comment Request; Extension: Regulation BTR; Correction, 360 [2024-31577]

Download as PDF 360 Federal Register / Vol. 90, No. 2 / Friday, January 3, 2025 / Notices proposed rule change as described in Items I, II, and III below, which Items have been prepared by the selfregulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. SECURITIES AND EXCHANGE COMMISSION [SEC File No. 270–521, OMB Control No. 3235–0579] Submission for OMB Review; Comment Request; Extension: Regulation BTR; Correction Securities and Exchange Commission. ACTION: Notice; correction. SUMMARY: The Securities and Exchange Commission published a notice document in the Federal Register on December 27, 2024, concerning a Submission for OMB Review; Comment Request; Extension: Regulation BTR. The document contained a typographical error. FOR FURTHER INFORMATION CONTACT: Naomi P. Lewis, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549, (202) 551–5400. SUPPLEMENTARY INFORMATION: AGENCY: Correction In the Federal Register of December 27, 2024, in FR Doc. 2024–30768, at 89 FR 105665, in the first column, in the last paragraph, on the 51st and 52nd lines, the reference to ‘‘https:// www.reginfo.gov/public/do/ PRAViewICR?ref_nbr=202412-3235022’’ should be replaced with ‘‘https:// www.reginfo.gov/public/do/ PRAViewICR?ref_nbr=202412-3235023’’. Dated: December 30, 2024. Stephanie J. Fouse, Assistant Secretary. [FR Doc. 2024–31577 Filed 1–2–25; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–102042; File No. SR– NYSEAMER–2024–80] Self-Regulatory Organizations; NYSE American LLC; Notice of Filing of Proposed Change To Amend the Connectivity Fee Schedule lotter on DSK11XQN23PROD with NOTICES1 December 27, 2024. Pursuant to Section 19(b)(1) 1 of the Securities Exchange Act of 1934 (‘‘Act’’) 2 and Rule 19b–4 thereunder,3 notice is hereby given that, on December 17, 2024, NYSE American LLC (‘‘NYSE American’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the 1 15 U.S.C. 78s(b)(1). U.S.C. 78a. 3 17 CFR 240.19b–4. 2 15 VerDate Sep<11>2014 18:01 Jan 02, 2025 Jkt 265001 I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend the Connectivity Fee Schedule (‘‘Fee Schedule’’) to add connectivity to the New York Stock Exchange LLC, NYSE American, and NYSE Arca, Inc. trading floors. The proposed rule change is available on the Exchange’s website at www.nyse.com, at the principal office of the Exchange, 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, the self-regulatory organization 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 those statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant parts of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and the Statutory Basis for, the Proposed Rule Change 1. Purpose The Exchange proposes to amend the Fee Schedule to add connectivity to the New York Stock Exchange LLC, NYSE American, and NYSE Arca, Inc. trading floors (‘‘Trading Floors’’). A User 4 may wish to have a connection between the Mahwah, New Jersey data center (‘‘MDC’’) 5 and a 4 For purposes of the Exchange’s colocation services, a ‘‘User’’ means any market participant that requests to receive colocation services directly from the Exchange. See Securities Exchange Act Release No. 76009 (September 29, 2015), 80 FR 60213 (October 5, 2015) (SR–NYSEMKT–2015–67). As specified in the Fee Schedule, a User that incurs colocation fees for a particular colocation service pursuant thereto would not be subject to colocation fees for the same colocation service charged by the New York Stock Exchange LLC, NYSE Arca, Inc., NYSE Chicago, Inc. and NYSE National, Inc. (together, the ‘‘Affiliate SROs’’). Each Affiliate SRO has submitted substantially the same proposed rule change to propose the change described herein. See SR–NYSE–2024–81, SR–NYSEARCA–2024–113, SR–NYSECHX–2024–37, and SR–NYSENAT–2024– 33. 5 Through its Fixed Income and Data Services (‘‘FIDS’’) business, Intercontinental Exchange, Inc. PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 Trading Floor. A connection between the MDC and a Trading Floor may be between the User and itself or between the User and a third party. The User may use such connection for receiving and transmitting trading-related data (including pre- and post-trade data and clearing information) or providing services to individuals physically located on the floor (including access to back-office systems), as determined by the User. The Exchange proposes to add an option for such a connection to the Fee Schedule. Specifically, the Exchange proposes to amend the Fee Schedule to add unicast connections through which a User can establish a connection between the MDC and a Trading Floor over dedicated bandwidth (‘‘TF Connections’’).6 Presently, a TF Connection can be in the form of a virtual control circuit between the MDC and a single Trading Floor (‘‘TF VCC’’), or a virtual routing and forwarding service between the MDC and one or more Trading Floors (‘‘TF VRF’’). A TF Connection may be used for any purpose: neither FIDS nor the Exchange has any visibility into a TF Connection. All TF Connections must be authorized by both parties to the connection before FIDS will establish a connection. Establishing a User’s TF Connection will not give FIDS or the Exchange any right to use the relevant exchange’s system. A TF Connection will not provide direct access or order entry to the Exchange’s execution system, and a User’s TF Connection will not be through the Exchange’s execution system. TF Connections are offered at a monthly fee based on bandwidth requirements, which fee is consistent with the monthly fees charged for VCC connections and the same as those charged for connectivity to Third Party Systems.7 When a User requests a TF Connection, it identifies the size of bandwidth connection it requires, and the monthly charge for the TF Connection varies based on the size of the bandwidth. The calculation of the monthly fee may differ based on whether the form chosen by the User is a TF VCC or TF VRF. This is because the TF VCC connects the MDC to one (‘‘ICE’’) operates the MDC. The Exchange and the Affiliate SROs are indirect subsidiaries of ICE. 6 Information flows over existing network connections in two formats: ‘‘unicast’’ format, which is a format that allows one-to-one communication, similar to a phone line, in which information is sent to and from the Exchange; and ‘‘multicast’’ format, which is a format in which information is sent one-way from the Exchange to multiple recipients at once, like a radio broadcast. 7 See Connectivity Fee Schedule—A. Co-Location Fees. E:\FR\FM\03JAN1.SGM 03JAN1

Agencies

[Federal Register Volume 90, Number 2 (Friday, January 3, 2025)]
[Notices]
[Page 360]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-31577]



[[Page 360]]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-521, OMB Control No. 3235-0579]


Submission for OMB Review; Comment Request; Extension: Regulation 
BTR; Correction

AGENCY: Securities and Exchange Commission. ACTION: Notice; correction.
SUMMARY: The Securities and Exchange Commission published a notice 
document in the Federal Register on December 27, 2024, concerning a 
Submission for OMB Review; Comment Request; Extension: Regulation BTR. 
The document contained a typographical error.

FOR FURTHER INFORMATION CONTACT: Naomi P. Lewis, Securities and 
Exchange Commission, 100 F Street NE, Washington, DC 20549, (202) 551-
5400.

SUPPLEMENTARY INFORMATION:

Correction

    In the Federal Register of December 27, 2024, in FR Doc. 2024-
30768, at 89 FR 105665, in the first column, in the last paragraph, on 
the 51st and 52nd lines, the reference to ``https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202412-3235-022'' should be replaced with 
``https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202412-3235-023''.

    Dated: December 30, 2024.
Stephanie J. Fouse,
Assistant Secretary.
[FR Doc. 2024-31577 Filed 1-2-25; 8:45 am]
BILLING CODE 8011-01-P
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