Notice2024-20327

Self-Regulatory Organizations; Investors' Exchange LLC; Notice of Withdrawal of Proposed Rule Change To Establish Fees for Industry Members Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail

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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
September 10, 2024

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 89 Issue 175 (Tuesday, September 10, 2024)</title>
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[Federal Register Volume 89, Number 175 (Tuesday, September 10, 2024)]
[Notices]
[Page 73455]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20327]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100928; File No. SR-IEX-2024-01]


Self-Regulatory Organizations; Investors' Exchange LLC; Notice of 
Withdrawal of Proposed Rule Change To Establish Fees for Industry 
Members Related to Certain Historical Costs of the National Market 
System Plan Governing the Consolidated Audit Trail

September 4, 2024.
    On January 2, 2024, Investors' Exchange LLC (the ``Exchange'') 
filed with the Securities and Exchange Commission (the ``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 
establish fees for industry members related to certain historical costs 
of the National Market System plan governing the Consolidated Audit 
Trail. The proposed rule change was immediately effective upon filing 
with the Commission pursuant to Section 19(b)(3)(A) of the Act.\3\ On 
February 13, 2024, the proposed rule change was published in the 
Federal Register and the Commission temporarily suspended and 
instituted proceedings to determine whether to approve or disapprove 
the proposed rule change.\4\ The Commission received six comments on 
the proposed rule change and one response to those comments.\5\ On July 
31, 2024, pursuant to Section 19(b)(2) of the Act,\6\ the Commission 
designated a longer period within which to approve the proposed rule 
change or disapprove the proposed rule change.\7\ On August 30, 2024, 
the Exchange withdrew the proposed rule change (SR-IEX-2024-01).
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    \1\ 15 U.S.C.78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A). A proposed rule change may take 
effect upon filing with the Commission if it is designated by the 
exchange as ``establishing or changing a due, fee, or other charge 
imposed by the self-regulatory organization on any person, whether 
or not the person is a member of the self-regulatory organization.'' 
15 U.S.C. 78s(b)(3)(A)(ii).
    \4\ Securities Exchange Act Release No. 99379 (January 17, 
2024), 89 FR 11039 (February 13, 2024).
    \5\ See letters from: Edward Weisbaum, Executing Broker CBOE 
Floor, dated February 6, 2024; Howard Meyerson, Managing Director, 
Financial Information Forum, to Vanessa Countryman, Secretary, 
Commission, dated March 4, 2024; Thomas M. Merritt, Deputy General 
Counsel, Virtu Financial, Inc., to Vanessa Countryman, Secretary, 
Commission, dated March 5, 2024; Ellen Greene, Managing Director, 
Equities & Options Market Structure, SIFMA; Joseph Corcoran, 
Managing Director, Associate General Counsel, SIFMA, to Vanessa 
Countryman, Secretary, Commission, dated March 5, 2024; Stephen John 
Berger, Managing Director, Global Head of Government & Regulatory 
Policy, Citadel Securities, to Vanessa Countryman, Secretary, 
Commission, dated March 5, 2024; Joanna Mallers, Secretary, FIA 
Principal Traders Group, to Vanessa Countryman, Secretary, 
Commission, dated March 9, 2024; and Brandon Becker, CAT NMS Plan 
Operating Committee Chair, to Vanessa Countryman, Secretary, 
Commission, dated June 13, 2024.
    \6\ 15 U.S.C. 78s(b)(2).
    \7\ See Securities Exchange Act Release No. 100628 (Jul. 31, 
2024), 89 FR 64010 (Aug. 6, 2024). The Commission designated October 
10, 2024 as the date by it should approve or disapprove the proposed 
rule change.
    \8\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-20327 Filed 9-9-24; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on September 10, 2024.

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