Notice2025-02332
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Fee Schedule To Establish Section C and Adopt Connectivity Fees for Cross-Connects at the Primary, Disaster Recovery and Test Environment Facilities
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 9175-9176]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02332]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-102322; File No. SR-LTSE-2025-01]
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Amend the Fee Schedule To Establish Section C and Adopt Connectivity
Fees for Cross-Connects at the Primary, Disaster Recovery and Test
Environment Facilities
February 3, 2025.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on January 23, 2025, Long-Term Stock Exchange, Inc. (``LTSE'' or
``Exchange'') filed with the Securities and Exchange Commission
(``Commission'') the proposed rule change as described in Item I below,
which Item has been substantially prepared by the Exchange. The
Exchange has designated this proposal for immediate effectiveness
pursuant to Section 19(b)(3)(A) of the Act \3\ and Rule 19b-4(f)
thereunder.\4\ The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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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).
\4\ 17 CFR 240.19b-4(f). At any time within 60 days of the
filing of the proposed rule change, the Commission summarily may
temporarily suspend such rule change if it appears to the Commission
that such action is necessary or appropriate in the public interest,
for the protection of investors, or otherwise in furtherance of the
purposes of the Act. If the Commission takes such action, the
Commission will institute proceedings to determine whether the
proposed rule change should be approved or disapproved.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange is filing with the Securities and Exchange Commission
(``Commission'') a proposed rule change to amend the LTSE Fee Schedule
(the ``Fee Schedule'') to establish Section C and adopt Connectivity
Fees for Cross-Connects at the Primary, Disaster Recovery and Test
Environment facilities. The Exchange also proposes to adopt
Connectivity Fees for Logical Connectivity (all environments),
effective January 23, 2025.\5\
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\5\ LTSE's fee schedule was adopted in SR-LTSE-2024-06. See
Securities Exchange Act Release No. 34-101226 (October 1, 2024), 89
FR 81587 (October 8, 2024) (SR-LTSE-2024-06). LTSE initially
proposed to adopt Section C and establish Connectivity Fees in LTSE-
2024-07. See Securities Exchange Act Release No. 34-101320 (October
11, 2024), 89 FR 83731 (October 17, 2024) (SR-LTSE-2024-07). On
November 27, 2024, the Exchange withdrew LTSE-2024-07 and replaced
with a revised proposal (SR-LTSE-2024-09). See Securities Exchange
Act Release No. 34-101851 (December 9, 2024), 89 FR 101057 (December
13, 2024) (SR-LTSE-2024-09). On January 23, 2025, the Exchange
withdrew LTSE-2024-09. This proposal replaces LTSE-2024-09.
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The text of the proposed rule change is available at the Exchange's
website at <a href="https://ltse.com/regulation/rule-filings">https://ltse.com/regulation/rule-filings</a>, at the principal
office of the Exchange, and at the Commission's Public Reference Room.
The proposed rule change, including the Exchange's statement of the
purpose of, and statutory basis for, the proposed rule change, is
available on the Exchange's website at <a href="https://ltse.com/regulation/rule-filings">https://ltse.com/regulation/rule-filings</a>, and on the Commission's website at <a href="https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01">https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01</a>.
II. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act.\6\ Comments may be submitted
electronically by using the Commission's internet comment form
[[Page 9176]]
(<a href="https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01">https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01</a>)
or by sending an email to <a href="/cdn-cgi/l/email-protection#c1b3b4ada4eca2aeacaca4afb5b281b2a4a2efa6aeb7"><span class="__cf_email__" data-cfemail="f183849d94dc929e9c9c949f8582b1829492df969e87">[email protected]</span></a>. Please include file
number SR-LTSE-2025-01 on the subject line. Alternatively, paper
comments may be sent to Secretary, Securities and Exchange Commission,
100 F Street NE, Washington, DC 20549-1090. All submissions should
refer to file number SR-LTSE-2025-01. To help the Commission process
and review your comments more efficiently, please use only one method.
The Commission will post all comments on the Commission's internet
website (<a href="https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01">https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01</a>). Do not include personal identifiable information in
submissions; you should submit only information that you wish to make
available publicly. We may redact in part or withhold entirely from
publication submitted material that is obscene or subject to copyright
protection. All submissions should refer to file number SR-LTSE-2025-01
and should be submitted on or before February 28, 2025.
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\6\ Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating
to the proposed rule change between the Commission and any person,
other than those that may be withheld from the public in accordance
with the provisions of 5 U.S.C. 552, will be available for website
viewing and printing in the Commission's Public Reference Room, 100
F Street NE, Washington, DC 20549, on official business days between
the hours of 10 a.m. and 3 p.m. Copies of the filing also will be
available for inspection and copying at the principal office of SRO.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\7\
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\7\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-02332 Filed 2-6-25; 8:45 am]
BILLING CODE 8011-01-P
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