Notice2023-17105
Self-Regulatory Organizations; Miami International Securities Exchange LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Exchange Rule 404, Series of Option Contracts Open for Trading, To Implement a Low Priced Stock Strike Price Interval Program
Primary source
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Published
August 10, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 153 (Thursday, August 10, 2023)</title>
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[Federal Register Volume 88, Number 153 (Thursday, August 10, 2023)]
[Notices]
[Pages 54361-54362]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-17105]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-98058; File No. SR-MIAX-2023-22]
Self-Regulatory Organizations; Miami International Securities
Exchange LLC; Notice of Designation of a Longer Period for Commission
Action on a Proposed Rule Change To Amend Exchange Rule 404, Series of
Option Contracts Open for Trading, To Implement a Low Priced Stock
Strike Price Interval Program
August 4, 2023.
On June 5, 2023, Miami International Securities Exchange LLC 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 amend
Exchange Rule 404, Series of Option Contracts Open for Trading. The
proposed rule change was published for comment in the Federal Register
on June 22, 2023.\3\ The Commission has received one comment on the
proposed rule change.\4\
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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. 97733 (June 15,
2023), 88 FR 40887.
\4\ The comment is available at: <a href="https://www.sec.gov/comments/sr-miax-2023-22/srmiax202322.htm">https://www.sec.gov/comments/sr-miax-2023-22/srmiax202322.htm</a>.
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[[Page 54362]]
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 August 6, 2023. The Commission is extending this 45-day time period.
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\5\ 15 U.S.C. 78s(b)(2).
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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,\6\ designates
September 20, 2023 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-MIAX-2023-22).
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\6\ Id.
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)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-17105 Filed 8-9-23; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on August 10, 2023.
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