Notice2024-05151
Self-Regulatory Organizations; MIAX PEARL LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin
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 12, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 49 (Tuesday, March 12, 2024)</title>
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[Federal Register Volume 89, Number 49 (Tuesday, March 12, 2024)]
[Notices]
[Pages 17887-17888]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05151]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-99682; File No. SR-PEARL-2024-03]
Self-Regulatory Organizations; MIAX PEARL LLC; Notice of
Designation of a Longer Period for Commission Action on a Proposed Rule
Change To Amend Exchange Rule 402, Criteria for Underlying Securities,
To List and Trade Options on Exchange-Traded Fund Shares That Represent
Interests in a Trust That Holds Bitcoin
March 6, 2024.
On January 12, 2024, MIAX PEARL 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 list and trade options on
Exchange-Traded Fund Shares that represent interests in a trust that
holds bitcoin. The proposed rule change was published for comment in
the Federal Register on January 25, 2024.\3\ The Commission has
received no comments on the proposed rule change.
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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. 99394 (January 19,
2024), 89 FR 5058.
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Section 19(b)(2) of the Act \4\ 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
[[Page 17888]]
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 March 10,
2024. The Commission is extending this 45-day time period.
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\4\ 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,\5\ designates
April 24, 2024 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-PEARL-2024-03).
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\5\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
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\6\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-05151 Filed 3-11-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on March 12, 2024.
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