Notice2024-18558
Self-Regulatory Organizations; NYSE American LLC; Notice of Withdrawal of 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
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
August 20, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 161 (Tuesday, August 20, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 161 (Tuesday, August 20, 2024)]
[Notices]
[Page 67505]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-18558]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100726; File No. SR-NYSEAMER-2024-10]
Self-Regulatory Organizations; NYSE American LLC; Notice of
Withdrawal of 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
August 14, 2024.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ NYSE American LLC
(``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') a proposed rule change to amend Exchange Rule 915 to
permit the listing and trading of options on the Bitwise Bitcoin ETF,
the Grayscale Bitcoin Trust (BTC), and any trust that holds bitcoin
(``Proposal'').
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
On February 29, 2024, the Proposal was published for comment in the
Federal Register.\3\ On April 8, 2024, pursuant to Section 19(b)(2) of
the Act,\4\ the Commission designated a longer period within which to
approve the Proposal, disapprove the Proposal, or institute proceedings
to determine whether to disapprove the Proposal.\5\ On April 24, 2024,
the Commission instituted proceedings under Section 19(b)(2)(B) of the
Act \6\ to determine whether to approve or disapprove the Proposal.\7\
The Commission received comments addressing the Proposal.\8\
---------------------------------------------------------------------------
\3\ See Securities Exchange Act Release No. 99593 (Feb. 23,
2024), 89 FR 14911.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 99921 (Apr. 8,
2024), 89 FR 25908 (Apr. 12, 2024).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 100023 (Apr. 24,
2024), 89 FR 34295 (Apr. 30, 2024).
\8\ Comment letters on the Proposal 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>.
---------------------------------------------------------------------------
On July 19, 2024, the Commission designated a longer time for
Commission action on the Proposal.\9\ On August 9, 2024, the Exchange
withdrew the Proposal (SR-NYSEAMER-2024-10).
---------------------------------------------------------------------------
\9\ See Securities Exchange Act Release No. 100565 (Jul. 19,
2024), 89 FR 60460 (Jul. 25, 2024).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------
\10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-18558 Filed 8-19-24; 8:45 am]
BILLING CODE 8011-01-P
</pre></body>
</html>Indexed from Federal Register on August 20, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.