Notice2022-02785

Self-Regulatory Organizations; Miami International Securities Exchange, LLC, MIAX PEARL, LLC; Notice of Withdrawal of Proposed Rule Changes To Amend the Fee Schedules To Adopt a Tiered-Pricing Structure for Certain Connectivity Fees

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
February 10, 2022

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 87 Issue 28 (Thursday, February 10, 2022)</title>
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[Federal Register Volume 87, Number 28 (Thursday, February 10, 2022)]
[Notices]
[Page 7885]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-02785]



[[Page 7885]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94157; File Nos. SR-MIAX-2021-59, SR-PEARL-2021-57]


Self-Regulatory Organizations; Miami International Securities 
Exchange, LLC, MIAX PEARL, LLC; Notice of Withdrawal of Proposed Rule 
Changes To Amend the Fee Schedules To Adopt a Tiered-Pricing Structure 
for Certain Connectivity Fees

February 4, 2022.
    On December 1, 2021, Miami International Securities Exchange, LLC 
(``MIAX'') and MIAX PEARL, LLC (``MIAX Pearl'') (collectively, the 
``Exchanges'') each 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 (File Numbers SR-MIAX-2021-59 and SR-PEARL-2021-
57) to amend the MIAX Fee Schedule and MIAX Pearl Options Fee Schedule 
to adopt a tiered pricing structure for certain connectivity fees. The 
proposed rule changes were immediately effective upon filing with the 
Commission pursuant to Section 19(b)(3)(A) of the Act.\3\ The proposed 
rule changes were published for comment in the Federal Register on 
December 20, 2021.\4\ On January 27, 2022, the Commission temporarily 
suspended the proposed rule changes and instituted proceedings under 
Section 19(b)(2)(B) of the Act \5\ to determine whether to approve or 
disapprove the proposed rule changes.\6\ On February 1, 2022, the 
Exchanges withdrew the proposed rule changes (SR-MIAX-2021-59 and SR-
PEARL-2021-57).
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    \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\ See Securities Exchange Act Release Nos. 93775 (December 14, 
2021), 86 FR 71996 (SR-MIAX-2021-59); 93774 (December 14, 2021), 86 
FR 71952 (SR-PEARL-2021-57).
    \5\ 15 U.S.C. 78s(b)(2)(B).
    \6\ See Securities Exchange Act Release No. 94088, 87 FR 5901 
(February 2, 2022).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-02785 Filed 2-9-22; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on February 10, 2022.

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