Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Introduce Functionality To Initiate a Trading Halt for Exchange-Traded Products on Launch Day, 11866-11867 [2025-03886]

Download as PDF 11866 Federal Register / Vol. 90, No. 47 / Wednesday, March 12, 2025 / Notices listing standards set forth in Chapter 14 of GIX’s Rules (Rules 14.001 et seq.). Additionally, in Amendment No. 2 GIX revises the original Form 1 as follows: (1) Exhibit C to update the list of officers and directors of a GIX affiliate; and (2) Exhibit H–3 to provide that the Dual Listing Agreement would be governed by the laws of the State of New York (rather than New Jersey). II. Request for Written Comment The Commission requests that interested persons provide written views and data with respect to GIX’s Form 1, as amended by Amendment No. 2. Comments may be submitted by any of the following methods: Electronic Comments • Use the Commission’s internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an email to rule-comments@ sec.gov. Please include File Number 10– 244 on the subject line. ddrumheller on DSK120RN23PROD with NOTICES1 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 10–244. 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/other.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to GIX’s Form 1, as amended, filed with the Commission, and all written communications relating to the application 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 10:00 a.m. and 3:00 p.m. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from submissions. You should submit only information that you wish to make publicly available. All submissions should refer to File Number 10–244 and should be submitted on or before March 27, 2025. VerDate Sep<11>2014 17:07 Mar 11, 2025 Jkt 265001 For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.12 Vanessa A. Countryman, Secretary. [FR Doc. 2025–03889 Filed 3–11–25; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–102536; File No. SR–IEX– 2025–02] The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the comments received. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,6 designates April 21, 2025, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR–IEX–2025–02). Self-Regulatory Organizations; Investors Exchange LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt Rules To Govern the Trading of Options on the Exchange for a New Facility Called IEX Options For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.7 Vanesssa A. Countryman, Secretary. March 6, 2025. SECURITIES AND EXCHANGE COMMISSION On January 10, 2025, the Investors Exchange LLC (‘‘IEX’’ 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 to adopt rules to govern the trading of options on IEX Options LLC, a facility of the Exchange that will be established in a separate rule filing. The proposed rule change was published for comment in the Federal Register on January 21, 2025.3 The Commission has received comments on the proposed rule change.4 Section 19(b)(2) of the Act 5 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 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. The 45th day after publication of the notice for this proposed rule change is March 7, 2025. The Commission is extending this 45day time period. CFR 200.30–3(a)(71)(ii). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 See Securities Exchange Act Release No. 102190 (Jan. 14, 2025), 90 FR 7205. 4 Comments on the proposed rule change are available at https://www.sec.gov/comments/sr-iex2025-02/sriex202502.htm. 5 15 U.S.C. 78s(b)(2). [FR Doc. 2025–03888 Filed 3–11–25; 8:45 am] BILLING CODE 8011–01–P [Release No. 34–102537; File No. SR– NASDAQ–2025–011] Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Introduce Functionality To Initiate a Trading Halt for Exchange-Traded Products on Launch Day March 6, 2025. On January 31, 2025, The Nasdaq Stock Market LLC (‘‘Nasdaq’’) 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 introduce an optional functionality for Exchange-Traded Products to initiate a trading halt on the launch day of an Exchange-Traded Product, similar to the halt used in initial public offerings. The proposed rule change was published for comment in the Federal Register on February 20, 2025.3 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 12 17 1 15 PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 6 Id. 7 17 CFR 200.30–3(a)(31). U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. 3 See Securities Exchange Act Release No. 102413 (February 13, 2025), 90 FR 10001 (February 20, 2025). 4 15 U.S.C. 78s(b)(2). 1 15 E:\FR\FM\12MRN1.SGM 12MRN1 Federal Register / Vol. 90, No. 47 / Wednesday, March 12, 2025 / Notices to be appropriate and publishes its reasons for so finding or as to which the self-regulatory organization consents, 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. The 45th day after publication of the notice for this proposed rule change is April 6, 2025. The Commission is extending this 45day time period. The Commission finds it appropriate to designate a longer period within which to take action on 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 21, 2025, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR–NASDAQ–2025–011). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.6 Vanessa A. Countryman, Secretary. [FR Doc. 2025–03886 Filed 3–11–25; 8:45 am] BILLING CODE 8011–01–P FOR FURTHER INFORMATION CONTACT: [Disaster Declaration #20981 and #20982; West Virginia Disaster Number WV–20016] Presidential Declaration of a Major Disaster for the State of West Virginia U.S. Small Business Administration. ACTION: Notice. AGENCY: This is a notice of the Presidential declaration of a major disaster for the State of West Virginia (FEMA–4861–DR), dated February 26, 2025. Incident: Severe Storm, Straight-line Winds, Flooding, Landslides and Mudslides. SUMMARY: Issued on February 26, 2025. Incident Period: February 15, 2025, and continuing. Physical Loan Application Deadline Date: April 28, 2025. Economic Injury (EIDL) Loan Application Deadline Date: November 26, 2025. ADDRESSES: Visit the MySBA Loan Portal at https://lending.sba.gov to apply for a disaster assistance loan. ddrumheller on DSK120RN23PROD with NOTICES1 DATES: 6 17 For Physical Damage: Homeowners with Credit Available Elsewhere ...................... Homeowners without Credit Available Elsewhere .............. Businesses with Credit Available Elsewhere ...................... Businesses without Credit Available Elsewhere .............. Non-Profit Organizations with Credit Available Elsewhere ... Non-Profit Organizations without Credit Available Elsewhere ..................................... For Economic Injury: Business and Small Agricultural Cooperatives without Credit Available Elsewhere .............. Non-Profit Organizations without Credit Available Elsewhere ..................................... CFR 200.30–3(a)(31). VerDate Sep<11>2014 17:07 Mar 11, 2025 Presidential Declaration Amendment of a Major Disaster for the State of California U.S. Small Business Administration. ACTION: Amendment 2. AGENCY: This is an amendment of the Presidential declaration of a major disaster for the State of California (FEMA–4856–DR), dated January 8, 2025. Incident: Wildfires and Straight-line Winds. SUMMARY: Issued on March 7, 2025. Incident Period: January 7, 2025 through January 31, 2025. Physical Loan Application Deadline Date: March 31, 2025. Economic Injury (EIDL) Loan Application Deadline Date: October 8, 2025. DATES: 3.625 4.000 ADDRESSES: (Catalog of Federal Domestic Assistance Number 59008) James Stallings, Associate Administrator, Office of Disaster Recovery & Resilience. [FR Doc. 2025–03943 Filed 3–11–25; 8:45 am] BILLING CODE 8026–09–P 3.625 The number assigned to this disaster for physical damage is 209816 and for economic injury is 209820. DEPARTMENT OF STATE (Catalog of Federal Domestic Assistance Number 59008) Notice of Shipping Coordinating Committee Meeting in Preparation for International Maritime Organization (IMO) Marine Environmental Protection Committee (MEPC) 83 Meeting James Stallings, Associate Administrator, Office of Disaster Recovery & Resilience. BILLING CODE 8026–09–P Jkt 265001 [Disaster Declaration #20953 and #20954; CALIFORNIA Disaster Number CA–20030] Visit the MySBA Loan Portal at https://lending.sba.gov to apply for a disaster assistance loan. FOR FURTHER INFORMATION CONTACT: Alan Escobar, Office of Disaster Recovery & Resilience, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, Percent (202) 205–6734. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster 5.125 declaration for the State of California, dated January 8, 2025, is hereby 2.563 amended to extend the deadline for filing applications for physical damages 8.000 as a result of this disaster to March 31, 4.000 2025. All other information in the original 3.625 declaration remains unchanged. [FR Doc. 2025–03915 Filed 3–11–25; 8:45 am] 5 Id. SMALL BUSINESS ADMINISTRATION Alan Escobar, Office of Disaster Recovery & Resilience, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, (202) 205–6734. SUPPLEMENTARY INFORMATION: Notice is hereby given, as a result of the President’s major disaster declaration on February 26, 2025, applications for disaster loans may be submitted online using the MySBA Loan Portal https:// lending.sba.gov or other locally announced locations. Please contact the SBA disaster assistance customer service center by email at disastercustomerservice@sba.gov or by phone at 1–800–659–2955 for further assistance. The following areas have been determined to be adversely affected by the disaster: Primary Counties (Physical Damage and Economic Injury Loans): McDowell, Mercer, Mingo, Wyoming. Contiguous Counties (Economic Injury Loans Only): Kentucky: Martin, Pike. Virginia: Bland, Buchanan, Giles, Tazewell. West Virginia: Boone, Lincoln, Logan, Monroe, Raleigh, Summers, Wayne. The Interest Rates are: SMALL BUSINESS ADMINISTRATION 11867 PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 [Public Notice: 12681] The Department of State will conduct a public meeting at 10 a.m. ET on E:\FR\FM\12MRN1.SGM 12MRN1

Agencies

[Federal Register Volume 90, Number 47 (Wednesday, March 12, 2025)]
[Notices]
[Pages 11866-11867]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-03886]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-102537; File No. SR-NASDAQ-2025-011]


Self-Regulatory Organizations; The Nasdaq Stock Market LLC; 
Notice of Designation of a Longer Period for Commission Action on a 
Proposed Rule Change To Introduce Functionality To Initiate a Trading 
Halt for Exchange-Traded Products on Launch Day

March 6, 2025.
    On January 31, 2025, The Nasdaq Stock Market LLC (``Nasdaq'') 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 introduce 
an optional functionality for Exchange-Traded Products to initiate a 
trading halt on the launch day of an Exchange-Traded Product, similar 
to the halt used in initial public offerings. The proposed rule change 
was published for comment in the Federal Register on February 20, 
2025.\3\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 102413 (February 13, 
2025), 90 FR 10001 (February 20, 2025).
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    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

[[Page 11867]]

to be appropriate and publishes its reasons for so finding or as to 
which the self-regulatory organization consents, 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. The 45th day after publication of the 
notice for this proposed rule change is April 6, 2025. 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 take action on 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 
21, 2025, as the date by which the Commission shall either approve or 
disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-NASDAQ-2025-011).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-03886 Filed 3-11-25; 8:45 am]
BILLING CODE 8011-01-P
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