Notice2024-18788
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Introduce an Enhanced RPI Order and Expand Its Retail Price Improvement Program To Include Securities Priced Below $1.00
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 22, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 163 (Thursday, August 22, 2024)</title>
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[Federal Register Volume 89, Number 163 (Thursday, August 22, 2024)]
[Notices]
[Page 67982]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-18788]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100742; File No. SR-CboeBYX-2023-020]
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of
Withdrawal of a Proposed Rule Change To Introduce an Enhanced RPI Order
and Expand Its Retail Price Improvement Program To Include Securities
Priced Below $1.00
August 16, 2024.
On December 27, 2023, Cboe BYX Exchange, Inc. (``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
modify Rule 11.24 to introduce an Enhanced RPI Order and expand its
Retail Price Improvement program to include securities priced below
$1.00. The proposed rule change was published for comment in the
Federal Register on January 17, 2024.\3\ On February 27, 2024, 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\ On March 6, 2024, the Exchange
submitted Amendment No. 1 to the proposed rule change, which replaced
and superseded the proposed rule change as originally filed.\6\ On
April 16, 2024, the Commission issued notice of Amendment No. 1 and
instituted proceedings under Section 19(b)(2)(B) of the Act \7\ to
determine whether to approve or disapprove the proposed rule change, as
modified by Amendment No. 1.\8\ On July 9, 2024, the Commission
extended the time period for approving or disapproving the proposed
rule change to September 13, 2024.\9\ On July 29, 2024, the Exchange
submitted Amendment No. 2 to the proposed rule change, which replaced
and superseded the proposed rule change as modified by Amendment No.
1.\10\ On August 15, 2024, the Exchange withdrew the proposed rule
change (SR-CboeBYX-2023-020).
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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. 99311 (Jan. 10,
2024), 89 FR 2993 (``Notice''). The Commission has not received any
comments on the proposed rule change.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 99610, 89 FR 15621
(Mar. 4, 2024). The Commission designated April 16, 2024 as the date
by which the Commission shall approve or disapprove, or institute
proceedings to determine whether to disapprove, the proposed rule
change.
\6\ The full text of Amendment No. 1 is available on the
Commission's website at: <a href="https://www.sec.gov/comments/sr-cboebyx-2023-020/srcboebyx2023020-442119-1127142.pdf">https://www.sec.gov/comments/sr-cboebyx-2023-020/srcboebyx2023020-442119-1127142.pdf</a>.
\7\ 15 U.S.C. 78s(b)(2)(B).
\8\ See Securities Exchange Act Release No. 99965, 89 FR 29389
(Apr. 22, 2024).
\9\ See Securities Exchange Act Release No. 100467, 89 FR 57441
(Jul. 15, 2024).
\10\ The full text of Amendment No. 2 is available on the
Commission's website at: <a href="https://www.sec.gov/comments/sr-cboebyx-2023-020/srcboebyx2023020-494523-1434306.pdf">https://www.sec.gov/comments/sr-cboebyx-2023-020/srcboebyx2023020-494523-1434306.pdf</a>.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-18788 Filed 8-21-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on August 22, 2024.
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