Notice2024-18703
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Withdrawal of Proposed Rule Change To Amend ISE Options 4, Section 3 To List and Trade Options on Units That Represent Interests in a Trust That Holds Bitcoin
Primary source
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Published
August 21, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 162 (Wednesday, August 21, 2024)</title>
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[Federal Register Volume 89, Number 162 (Wednesday, August 21, 2024)]
[Notices]
[Page 67682]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-18703]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100738; File No. SR-ISE-2024-14]
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of
Withdrawal of Proposed Rule Change To Amend ISE Options 4, Section 3 To
List and Trade Options on Units That Represent Interests in a Trust
That Holds Bitcoin
August 15, 2024.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ Nasdaq ISE, LLC
(``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') a proposed rule change to amend Options 4, Section
3(h) to allow the Exchange to list and trade options on units that
represent interests in a trust that holds bitcoin (``Proposal'').
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
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On March 25, 2024, the Proposal was published for comment in the
Federal Register.\3\ On April 24, 2024, the Commission instituted
proceedings under Section 19(b)(2)(B) of the Act \4\ to determine
whether to approve or disapprove the Proposal.\5\ The Commission
received comments addressing the Proposal.\6\
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\3\ See Securities Exchange Act Release No. 99776 (Mar. 19,
2024), 89 FR 20717.
\4\ 15 U.S.C. 78s(b)(2)(B).
\5\ See Securities Exchange Act Release No. 100024 (Apr. 24,
2024), 89 FR 34290 (Apr. 30, 2024).
\6\ Comment letters on the Proposal are available at <a href="https://www.sec.gov/comments/sr-ise-2024-14/srise202414.htm">https://www.sec.gov/comments/sr-ise-2024-14/srise202414.htm</a>.
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On July 19, 2024, the Commission designated a longer time for
Commission action on the Proposal.\7\ On August 13, 2024, the Exchange
withdrew the Proposal (SR-ISE-2024-14).
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\7\ See Securities Exchange Act Release No. 100567 (Jul. 19,
2024), 89 FR 60482 (Jul. 25, 2024).
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For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
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\8\ 17 CFR 200.30-3(a)(12).
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-18703 Filed 8-20-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on August 21, 2024.
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