Rules and Regulations. SECURITIES AND EXCHANGE COMMISSION
510 words·~2 min read·
/register/2024/09/10/2024-20327·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 8011-01-P SECURITIES AND EXCHANGE COMMISSION [Release No. 34-100928; File No. SR-IEX-2024-01] Self-Regulatory Organizations; Investors' Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Establish Fees for Industry Members Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail September 4, 2024. On January 2, 2024, Investors' Exchange LLC (the “Exchange”) filed with the Securities and Exchange Commission (the “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 establish fees for industry members related to certain historical costs of the National Market System plan governing the Consolidated Audit Trail.
The proposed rule change was immediately effective upon filing with the Commission pursuant to Section 19(b)(3)(A) of the Act. 3 On February 13, 2024, the proposed rule change was published in the **Federal Register** and the Commission temporarily suspended and instituted proceedings to determine whether to approve or disapprove the proposed rule change. 4 The Commission received six comments on the proposed rule change and one response to those comments. 5 On July 31, 2024, pursuant to Section 19(b)(2) of the Act, 6 the Commission designated a longer period within which to approve the proposed rule change or disapprove the proposed rule change. 7 On August 30, 2024, the Exchange withdrew the proposed rule change (SR-IEX-2024-01). 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 Securities Exchange Act Release No. 99379 (January 17, 2024), 89 FR 11039 (February 13, 2024). 5 *See* letters from: Edward Weisbaum, Executing Broker CBOE Floor, dated February 6, 2024;
Howard Meyerson, Managing Director, Financial Information Forum, to Vanessa Countryman, Secretary, Commission, dated March 4, 2024; Thomas M. Merritt, Deputy General Counsel, Virtu Financial, Inc., to Vanessa Countryman, Secretary, Commission, dated March 5, 2024; Ellen Greene, Managing Director, Equities & Options Market Structure, SIFMA; Joseph Corcoran, Managing Director, Associate General Counsel, SIFMA, to Vanessa Countryman, Secretary, Commission, dated March 5, 2024; Stephen John Berger, Managing Director, Global Head of Government & Regulatory Policy, Citadel Securities, to Vanessa Countryman, Secretary, Commission, dated March 5, 2024;
Joanna Mallers, Secretary, FIA Principal Traders Group, to Vanessa Countryman, Secretary, Commission, dated March 9, 2024; and Brandon Becker, CAT NMS Plan Operating Committee Chair, to Vanessa Countryman, Secretary, Commission, dated June 13, 2024. 6 15 U.S.C. 78s(b)(2). 7 *See* Securities Exchange Act Release No. 100628 (Jul. 31, 2024), 89 FR 64010 (Aug. 6, 2024). The Commission designated October 10, 2024 as the date by it should approve or disapprove the proposed rule change. 8 17 CFR 200.30-3(a)(12).
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. 8 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2024-20327 Filed 9-9-24; 8:45 am]
Connectionstraces to 2
1 reference not yet in our index
- 17 CFR 240.19
Citation graph
cites case law
Cites 3Cited by 0 across 0 sources