Notice2023-04797
24X National Exchange LLC; Notice of Withdrawal of Application for Registration as a National Securities Exchange Under Section 6 of the Securities Exchange Act of 1934
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
March 9, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 46 (Thursday, March 9, 2023)</title>
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[Federal Register Volume 88, Number 46 (Thursday, March 9, 2023)]
[Notices]
[Page 14663]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-04797]
[[Page 14663]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-97043; File No. 10-239]
24X National Exchange LLC; Notice of Withdrawal of Application
for Registration as a National Securities Exchange Under Section 6 of
the Securities Exchange Act of 1934
March 3, 2023.
On March 25, 2022, 24X National Exchange LLC (``24X'' or
``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') a Form 1 application under the Securities Exchange Act
of 1934 (``Act''), seeking registration as a national securities
exchange under Section 6 of the Act \1\ (``Form 1 Application'').
Notice of the Form 1 Application was published for comment in the
Federal Register on June 6, 2022.\2\ The Commission received three
comments on the Form 1 Application and a letter in response to the
comments from 24X.\3\ On September 1, 2022, the Commission instituted
proceedings pursuant to Section 19(a)(1)(B) of the Act \4\ (the
``OIP'') to determine whether to grant or deny 24X's Form 1
Application.\5\ The Commission received one comment letter in response
to the OIP and a letter in response to the OIP from 24X.\6\ On October
21, 2022, 24X filed an amendment to its Form 1 Application (``Amendment
No.1'').\7\ Notice of Amendment No. 1 was published for comment in the
Federal Register on November 9, 2022.\8\ On November 10, 2022, 24X
filed a second amendment to its Form 1 Application (``Amendment No.
2'').\9\ Notice of Amendment No. 2 was published for comment in the
Federal Register on November 22, 2022.\10\ On November 18, 2022, the
Commission extended the time to determine whether to grant or deny the
application.\11\ The Commission received a comment letter after the
publication of extension of time.\12\
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\1\ 15 U.S.C. 78f.
\2\ See Securities Exchange Act Release No. 95007 (May 31,
2022), 87 FR 34333 (June 6, 2022).
\3\ Comment and response letters relating to the Form 1
Application are available on the Commission's website at <a href="https://www.sec.gov/comments/10-239/10-239.htm">https://www.sec.gov/comments/10-239/10-239.htm</a>.
\4\ 15 U.S.C. 78s(a)(1)(B).
\5\ See Securities Exchange Act Release No. 95651 (Sept. 1,
2022), 87 FR 54736 (Sept. 7, 2022).
\6\ See supra note 3.
\7\ Amendment No. 1 is available on the Commission's website at
<a href="https://www.sec.gov/rules/other/2022/24x/24x-form-1.htm">https://www.sec.gov/rules/other/2022/24x/24x-form-1.htm</a>.
\8\ See Securities Exchange Act Release No. 96218 (Nov. 3,
2022), 87 FR 67725 (Nov. 9, 2022).
\9\ Amendment No. 2 is available on the Commission's website at
<a href="https://www.sec.gov/rules/other/2022/24x/24x-form-1.htm">https://www.sec.gov/rules/other/2022/24x/24x-form-1.htm</a>.
\10\ See Securities Exchange Act Release No. 96337 (Nov. 17,
2022), 87 FR 71388 (Nov. 22, 2022).
\11\ See Securities Exchange Act Release No. 96364 (Nov. 18,
2022), 87 FR 72553 (Nov. 25, 2022).
\12\ See supra note 3.
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On February 16, 2023, the Exchange withdrew the Form 1 Application
(File No. 10-239).\13\
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\13\ See letter from Paul Adcock, Head of Equities and Senior
Director, 24X, to Vanessa Countryman, Secretary, Commission, dated
Feb. 16, 2023.
By the Commission.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-04797 Filed 3-8-23; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on March 9, 2023.
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