Notice2025-02329
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Withdrawal of a Proposed Rule Change To Amend Section 302.00 of the NYSE Listed Company Manual To Exempt Closed-End Funds Registered Under the Investment Company Act of 1940 From the Requirement To Hold Annual Shareholder Meetings
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
February 7, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 25 (Friday, February 7, 2025)</title>
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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Pages 9176-9177]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02329]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-102324; File No. SR-NYSE-2024-35]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Withdrawal of a Proposed Rule Change To Amend Section 302.00
of the NYSE Listed Company Manual To Exempt Closed-End Funds Registered
Under the Investment Company Act of 1940 From the Requirement To Hold
Annual Shareholder Meetings
February 3, 2025.
On June 21, 2024, New York Stock Exchange LLC (``NYSE'') 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
[[Page 9177]]
amend Section 302.00 of the NYSE Listed Company Manual to exempt
closed-end funds registered under the Investment Company Act of 1940
from the requirement to hold annual shareholder meetings. The proposed
rule change was published for comment in the Federal Register on July
9, 2024.\3\
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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. 100460 (July 3,
2024), 89 FR 56447. Comments on the proposed rule change are
available at: <a href="https://www.sec.gov/comments/sr-nyse-2024-35/srnyse202435.htm">https://www.sec.gov/comments/sr-nyse-2024-35/srnyse202435.htm</a>.
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On August 21, 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 October 4, 2024, the Commission instituted proceedings
under Section 19(b)(2)(B) of the Act \6\ to determine whether to
approve or disapprove the proposed rule change.\7\ On December 18,
2024, the Commission extended the period for consideration of the
proposed rule change to March 6, 2025.\8\
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\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 100790, 89 FR 68676
(Aug. 27, 2024). The Commission designated October 7, 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\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 101257, 89 FR 82277
(Oct. 10, 2024).
\8\ See Securities Exchange Act Release No. 101968, 89 FR 105143
(Dec. 26, 2024).
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On January 31, 2025, NYSE withdrew the proposed rule change (SR-
NYSE-2024-35).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\9\
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\9\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-02329 Filed 2-6-25; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on February 7, 2025.
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