Notice2024-07748
Self-Regulatory Organizations; NYSE American LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 915 To Permit the Listing and Trading of Options on the Bitwise Bitcoin ETF, the Grayscale Bitcoin Trust, and Any Trust That Holds Bitcoin
Primary source
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Published
April 12, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 72 (Friday, April 12, 2024)</title>
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[Federal Register Volume 89, Number 72 (Friday, April 12, 2024)]
[Notices]
[Page 25908]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-07748]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-99921; File No. SR-NYSEAMER-2024-10]
Self-Regulatory Organizations; NYSE American LLC; Notice of
Designation of a Longer Period for Commission Action on a Proposed Rule
Change To Amend Rule 915 To Permit the Listing and Trading of Options
on the Bitwise Bitcoin ETF, the Grayscale Bitcoin Trust, and Any Trust
That Holds Bitcoin
April 8, 2024.
On February 9, 2024, NYSE American 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 Rule 915 to permit the
listing and trading of Opptions on the Bitwise Bitcoin ETF, the
Grayscale Bitcoin Trust, and any trust that holds Bitcoin. The proposed
rule change was published for comment in the Federal Register on
February 29, 2024.\3\ The Commission has received two comments 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. 99593 (February 23,
2024), 89 FR 14911.
\4\ Comments are available at <a href="https://www.sec.gov/comments/sr-nyseamer-2024-10/srnyseamer202410.htm">https://www.sec.gov/comments/sr-nyseamer-2024-10/srnyseamer202410.htm</a>.
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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 April 14, 2024. 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 May
29, 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-NYSEAMER-2024-10).
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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. 2024-07748 Filed 4-11-24; 8:45 am]
BILLING CODE 8011-01-P
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