Notice2024-01619
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Adopt an Alternative to the Minimum $4 Price Requirement for Companies Seeking To List Tier II Securities on the Exchange
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
January 29, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 19 (Monday, January 29, 2024)</title>
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[Federal Register Volume 89, Number 19 (Monday, January 29, 2024)]
[Notices]
[Page 5588]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-01619]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-99415; File No. SR-CboeBZX-2023-063]
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of
Withdrawal of a Proposed Rule Change To Adopt an Alternative to the
Minimum $4 Price Requirement for Companies Seeking To List Tier II
Securities on the Exchange
January 23, 2024.
On September 19, 2023, Cboe BZX Exchange, Inc. (``BZX'' or the
``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 an alternative to the minimum $4 price
requirement for companies seeking to list Tier II securities on the
Exchange. The proposed rule change was published for comment in the
Federal Register on October 2, 2023.\3\ On November 6, 2023, pursuant
to Section 19(b)(2) of the Act,\4\ the Commission designated a longer
period within which to approve the proposed rule change, disapprove the
proposed rule change, or institute proceedings to determine whether to
disapprove the proposed rule change.\5\ The Commission received two
comments on the proposed rule change.\6\
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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. 98532 (Sept. 26,
2023), 88 FR 67852.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 98860, 88 FR 77647
(Nov. 13, 2023).
\6\ Comments received on the proposed rule change are available
at: <a href="https://www.sec.gov/comments/sr-cboebzx-2023-063/srcboebzx2023063.htm">https://www.sec.gov/comments/sr-cboebzx-2023-063/srcboebzx2023063.htm</a>.
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On December 27, 2023, the Commission instituted proceedings under
Section 19(b)(2)(B) of the Act \7\ to determine whether to approve or
disapprove the proposed rule change.\8\ On January 17, 2024, the
Exchange withdrew the proposed rule change (SR-CboeBZX-2023-063).
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\7\ 15 U.S.C. 78s(b)(2)(B).
\8\ See Securities Exchange Act Release No. 99247, 89 FR 425
(Jan. 3, 2024).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\9\
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\9\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-01619 Filed 1-26-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on January 29, 2024.
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