Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Settlement Service Guide, 1556-1557 [2025-00170]
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1556
Federal Register / Vol. 90, No. 5 / Wednesday, January 8, 2025 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
J. Matthew DeLesDernier,
Deputy Secretary.
the Commission’s website at https://
www.sec.gov/rules-regulations/selfregulatory-organization-rulemaking/
national-securities-exchanges?file_
number=SR-C2-2024-024.
SECURITIES AND EXCHANGE
COMMISSION
[FR Doc. 2025–00174 Filed 1–7–25; 8:45 am]
II. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.5
Comments may be submitted
electronically by using the
Commission’s internet comment form
(https://www.sec.gov/rules-regulations/
self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-C2-2024024) or by sending an email to rulecomments@sec.gov. Please include file
number SR–C2–2024–024 on the subject
line. Alternatively, paper comments
may be sent to Secretary, Securities and
Exchange Commission, 100 F Street NE,
Washington, DC 20549–1090. All
submissions should refer to file number
SR–C2–2024–024. 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-regulations/self-regulatoryorganization-rulemaking/nationalsecurities-exchanges?file_number=SRC2-2024-02). 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–C2–2024–024 and should be
submitted on or before January 29, 2025.
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing and Immediate Effectiveness of
a Proposed Rule Change To Amend
the Settlement Service Guide
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–102083; File No. SR–C2–
2024–024]
Self-Regulatory Organizations; Cboe
C2 Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Increase Its Monthly
Fee for Purge Ports
January 2, 2025.
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 December
20, 2024, Cboe C2 Exchange, Inc.
(‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Item I below,
which Item has been substantially
prepared by the Exchange. The
Exchange has designated this proposal
for immediate effectiveness pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f) thereunder.4 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
The Exchange proposes to amend its
Fees Schedule, effective January 2,
2025, to increase its monthly fee for
Purge Ports. The text of the proposed
rule change is provided in Exhibit 5.
The proposed rule change, including
the Exchange’s statement of the purpose
of, and statutory basis for, the proposed
rule change, is available on the
Exchange’s website at (https://
markets.cboe.com/us/options/
regulation/rule_filings/ctwo/), and on
6 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f). At any time within 60 days
of the filing of the proposed rule change, the
Commission summarily may temporarily suspend
such rule change if it appears to the Commission
that such action is necessary or appropriate in the
public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission will institute proceedings to determine
whether the proposed rule change should be
approved or disapproved.
lotter on DSK11XQN23PROD with NOTICES1
1 15
VerDate Sep<11>2014
17:50 Jan 07, 2025
Jkt 265001
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.6
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2025–00175 Filed 1–7–25; 8:45 am]
BILLING CODE 8011–01–P
5 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
SRO.
6 17 CFR 200.30–3(a)(12).
PO 00000
Frm 00123
Fmt 4703
Sfmt 4703
[Release No. 34–102076; File No. SR–DTC–
2024–016]
January 2, 2025.
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 December
20, 2024, The Depository Trust
Company (‘‘DTC’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I below,
which Item has been prepared by the
DTC. DTC has designated this proposal
for immediate effectiveness pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f)(4) 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 5 consists of
amendments to the DTC Settlement
Service Guide (‘‘Settlement Guide’’) 6
relating to processes designed to
optimize the number of transactions
processed for settlement (‘‘Settlement
Optimization’’). More specifically,
references to and descriptions of the
Night Batch Process 7 will be removed
1 15
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)(4). At any time within 60
days of the filing of the proposed rule change, the
Commission summarily may temporarily suspend
such rule change if it appears to the Commission
that such action is necessary or appropriate in the
public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission will institute proceedings to determine
whether the proposed rule change should be
approved or disapproved.
5 Each capitalized term not otherwise defined
herein has its respective meaning as set forth the
Rules, By-Laws and Organization Certificate of DTC
(the ‘‘Rules’’), available at www.dtcc.com/legal/
rules-and-procedures.
6 Available at www.dtcc.com/-/media/Files/
Downloads/legal/service-guides/Settlement.pdf.
The Settlement Guide is a Procedure of DTC.
Pursuant to the DTC Rules, the term ‘‘Procedures’’
means the Procedures, service guides, and
regulations of DTC adopted pursuant to DTC Rule
27, as amended from time to time. See DTC Rule
1, Section 1, supra note 5. They are binding on DTC
and each Participant in the same manner that they
are bound by the DTC Rules.
7 See Settlement Guide, supra note 6 at 66.
2 17
E:\FR\FM\08JAN1.SGM
08JAN1
Federal Register / Vol. 90, No. 5 / Wednesday, January 8, 2025 / Notices
and replaced with text that provides (i)
more flexibility regarding the
application of the Settlement
Optimization processes and (ii) more
clarity around DTC’s settlement cycles
and the processes run during those
cycles, all of which better reflect current
settlement processing at DTC, as
described in greater detail below.
The proposed rule change, including
the DTC’s statement of the purpose of,
and statutory basis for, the proposed
rule change, is available on the DTC’s
website at https://www.dtcc.com/legal/
rules-and-procedures and on the
Commission’s website at https://
www.sec.gov/rules/sro.shtml.
II. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.8
Comments may be submitted
electronically by using the
Commission’s internet comment form
(https://www.sec.gov/rules/sro.shtml) or
by sending an email to rule-comments@
sec.gov. Please include file number SR–
DTC–2024–016 on the subject line.
Alternatively, paper comments may be
sent to Secretary, Securities and
Exchange Commission, 100 F Street NE,
Washington, DC 20549–1090. All
submissions should refer to file number
SR–DTC–2024–016. 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). 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–DTC–2024–016 and
should be submitted on or before
January 29, 2025.
lotter on DSK11XQN23PROD with NOTICES1
8 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
SRO.
VerDate Sep<11>2014
17:50 Jan 07, 2025
Jkt 265001
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.9
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2025–00170 Filed 1–7–25; 8:45 am]
BILLING CODE 8011–01–P
[Release No. 34–102096; File No. SR–
EMERALD–2024–28]
Self-Regulatory Organizations; MIAX
EMERALD, LLC; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change To Establish a Fee
Discount Program for the Open-Close
Report
January 2, 2025.
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 December
20, 2024, MIAX EMERALD, LLC
(‘‘Exchange’’) filed with the Securities
and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Item I below,
which Item has been substantially
prepared by the Exchange. The
Exchange has designated this proposal
for immediate effectiveness pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f) thereunder.4 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
The Exchange proposes to amend the
MIAX Emerald Options Exchange Fee
Schedule (the ‘‘Fee Schedule’’) to
establish a fee discount program for the
Open-Close Report.
The proposed rule change, including
the Exchange’s statement of the purpose
of, and statutory basis for, the proposed
rule change, is available on the
Exchange’s website at https://
www.miaxglobal.com/markets/us9 17
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f). At any time within 60 days
of the filing of the proposed rule change, the
Commission summarily may temporarily suspend
such rule change if it appears to the Commission
that such action is necessary or appropriate in the
public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission will institute proceedings to determine
whether the proposed rule change should be
approved or disapproved.
Frm 00124
Fmt 4703
options/miax-options/rule-filings, and
on the Commission’s website at https://
www.sec.gov/rules-regulations/selfregulatory-organization-rulemaking/
national-securities-exchanges?file_
number=SR-EMERALD-2024-28.
II. Solicitation of Comments
SECURITIES AND EXCHANGE
COMMISSION
PO 00000
1557
Sfmt 4703
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.5
Comments may be submitted
electronically by using the
Commission’s internet comment form
(https://www.sec.gov/rules-regulations/
self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-EMERALD2024-28) or by sending an email to rulecomments@sec.gov. Please include file
number SR–EMERALD–2024–28 on the
subject line. Alternatively, paper
comments may be sent to Secretary,
Securities and Exchange Commission,
100 F Street NE, Washington, DC
20549–1090. All submissions should
refer to file number SR–EMERALD–
2024–28. 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/rulesregulations/self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-EMERALD2024-28). 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–EMERALD–2024–28 and should be
submitted on or before January 29, 2025.
5 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.
E:\FR\FM\08JAN1.SGM
08JAN1
]]>Agencies
[Federal Register Volume 90, Number 5 (Wednesday, January 8, 2025)]
[Notices]
[Pages 1556-1557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-00170]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-102076; File No. SR-DTC-2024-016]
Self-Regulatory Organizations; The Depository Trust Company;
Notice of Filing and Immediate Effectiveness of a Proposed Rule Change
To Amend the Settlement Service Guide
January 2, 2025.
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 December 20, 2024, The Depository Trust Company (``DTC'') filed with
the Securities and Exchange Commission (``Commission'') the proposed
rule change as described in Items I below, which Item has been prepared
by the DTC. DTC has designated this proposal for immediate
effectiveness pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule
19b-4(f)(4) thereunder.\4\ The Commission is publishing this notice to
solicit comments on the proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(4). At any time within 60 days of the
filing of the proposed rule change, the Commission summarily may
temporarily suspend such rule change if it appears to the Commission
that such action is necessary or appropriate in the public interest,
for the protection of investors, or otherwise in furtherance of the
purposes of the Act. If the Commission takes such action, the
Commission will institute proceedings to determine whether the
proposed rule change should be approved or disapproved.
---------------------------------------------------------------------------
I. Clearing Agency's Statement of the Terms of Substance of the
Proposed Rule Change
The proposed rule change \5\ consists of amendments to the DTC
Settlement Service Guide (``Settlement Guide'') \6\ relating to
processes designed to optimize the number of transactions processed for
settlement (``Settlement Optimization''). More specifically, references
to and descriptions of the Night Batch Process \7\ will be removed
[[Page 1557]]
and replaced with text that provides (i) more flexibility regarding the
application of the Settlement Optimization processes and (ii) more
clarity around DTC's settlement cycles and the processes run during
those cycles, all of which better reflect current settlement processing
at DTC, as described in greater detail below.
---------------------------------------------------------------------------
\5\ Each capitalized term not otherwise defined herein has its
respective meaning as set forth the Rules, By-Laws and Organization
Certificate of DTC (the ``Rules''), available at www.dtcc.com/legal/rules-and-procedures.
\6\ Available at www.dtcc.com/-/media/Files/Downloads/legal/service-guides/Settlement.pdf. The Settlement Guide is a Procedure
of DTC. Pursuant to the DTC Rules, the term ``Procedures'' means the
Procedures, service guides, and regulations of DTC adopted pursuant
to DTC Rule 27, as amended from time to time. See DTC Rule 1,
Section 1, supra note 5. They are binding on DTC and each
Participant in the same manner that they are bound by the DTC Rules.
\7\ See Settlement Guide, supra note 6 at 66.
---------------------------------------------------------------------------
The proposed rule change, including the DTC's statement of the
purpose of, and statutory basis for, the proposed rule change, is
available on the DTC's website at https://www.dtcc.com/legal/rules-and-procedures and on the Commission's website at https://www.sec.gov/rules/sro.shtml.
II. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act.\8\ Comments may be submitted
electronically by using the Commission's internet comment form (https://www.sec.gov/rules/sro.shtml) or by sending an email to [email protected]. Please include file number SR-DTC-2024-016 on the
subject line. Alternatively, paper comments may be sent to Secretary,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549-1090. All submissions should refer to file number SR-DTC-2024-
016. 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). 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-DTC-2024-016
and should be submitted on or before January 29, 2025.
---------------------------------------------------------------------------
\8\ 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 SRO.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\9\
---------------------------------------------------------------------------
\9\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2025-00170 Filed 1-7-25; 8:45 am]
BILLING CODE 8011-01-P
