Notice2024-20634
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; 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
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
September 12, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 177 (Thursday, September 12, 2024)</title>
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[Federal Register Volume 89, Number 177 (Thursday, September 12, 2024)]
[Notices]
[Page 74309]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20634]
[[Page 74309]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100960; File Nos. FINRA-2024-002; SR-FINRA-2024-003]
Self-Regulatory Organizations; Financial Industry Regulatory
Authority, Inc.; 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 6, 2024.
On January 2, 2024, Financial Industry Regulatory Authority, Inc.
(``FINRA'') 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\
proposed rule changes 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 changes were
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 changes were published in the Federal Register and the Commission
temporarily suspended and instituted proceedings to determine whether
to approve or disapprove the proposed rule changes.\4\ The Commission
received six comments on the proposed rule changes 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 changes or disapprove the proposed rule
changes.\7\ On September 5, 2024, FINRA withdrew the proposed rule
changes (FINRA-2024-002; SR-FINRA-2024-003).
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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 Nos. 99363 (January 17,
2024), 89 FR 10850 (February 13, 2024) (SR-FINRA-2024-002); 99372
(January 17, 2024), 89 FR 11153 (February 13, 2024) (SR-FINRA-2024-
003).
\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 Nos. 100628 (Jul. 31,
2024), 89 FR 64010 (Aug. 6, 2024) (SR-FINRA-2024-002); 100627 (Jul.
31, 2024), 89 FR 64024 (Aug. 6, 2024) (SR-FINRA-2024-003); The
Commission designated October 10, 2024 as the date by it should
approve or disapprove the proposed rule changes.
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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. 2024-20634 Filed 9-11-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on September 12, 2024.
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