Notice2024-27613
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Withdrawal of a Proposed Rule Change To Adopt an OTTO Protocol
Primary source
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Published
November 26, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 228 (Tuesday, November 26, 2024)</title>
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[Federal Register Volume 89, Number 228 (Tuesday, November 26, 2024)]
[Notices]
[Page 93381]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-27613]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-101666; File No. SR-BX-2024-019]
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of
Withdrawal of a Proposed Rule Change To Adopt an OTTO Protocol
November 20, 2024.
On June 26, 2024, Nasdaq BX, Inc. (``BX'' or ``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
adopt an OTTO protocol and associated fee. The proposed rule change was
immediately effective upon filing with the Commission pursuant to
Section 19(b)(3)(A) of the Act.\3\ On July 15, 2024, the proposed rule
change was published for comment in the Federal Register.\4\ On August
23, 2024, the Commission issued an order temporarily suspending the
proposed rule change pursuant to Section 19(b)(3)(C) of the Act \5\ and
simultaneously instituting proceedings under Section 19(b)(2)(B) of the
Act \6\ to determine whether to approve or disapprove the proposed rule
change.\7\ On November 15, 2024, the Exchange withdrew the proposed
rule change (SR-BX-2024-019).
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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\ See Securities Exchange Act Release No. 100479 (July 9,
2024), 89 FR 57485.
\5\ 15 U.S.C. 78s(b)(3)(C).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 100810, 89 FR 70234
(August 29, 2024). The Commission has received one comment letter on
the proposed rule change, as well as a response from the Exchange to
the Order Instituting Proceedings. Comments received on the proposed
rule change are available at: <a href="https://www.sec.gov/comments/sr-bx-2024-019/srbx2024019.htm">https://www.sec.gov/comments/sr-bx-2024-019/srbx2024019.htm</a>.
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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. 2024-27613 Filed 11-25-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on November 26, 2024.
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