Notice2025-16182
Self-Regulatory Organizations; MX2 LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt Rules To Govern the Trading of Options on the Exchange for a New Facility Called MX2 Options
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
August 25, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 162 (Monday, August 25, 2025)</title>
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[Federal Register Volume 90, Number 162 (Monday, August 25, 2025)]
[Notices]
[Pages 41448-41449]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-16182]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-103750; File No. SR-MX2-2025-01]
Self-Regulatory Organizations; MX2 LLC; Notice of Designation of
a Longer Period for Commission Action on a Proposed Rule Change To
Adopt Rules To Govern the Trading of Options on the Exchange for a New
Facility Called MX2 Options
August 20, 2025.
On June 18, 2025, MX2 LLC (``MX2'' 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 rules
governing the trading of options on the Exchange for a new facility
called MX2 Options. The proposed rule change was published for comment
in the Federal Register on July 7, 2025.\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. 103363 (July 1,
2025), 90 FR 29898 (``Notice'').
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Section 19(b)(2) of the Act \4\ provides that within 45 days of the
publication of notice of the filing of a proposed rule change, or
within such longer period up to 90 days as the Commission may designate
if it finds such longer period to be appropriate and publishes its
reasons for so finding or as to which the self-regulatory organization
consents, the Commission shall either approve the proposed rule change,
disapprove the proposed rule change, or institute proceedings to
determine whether the proposed rule change should be disapproved. The
45th day after publication of the notice for this
[[Page 41449]]
proposed rule change is August 21, 2025. The Commission is extending
this 45-day time period.
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\4\ 15 U.S.C. 78s(b)(2).
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Their Commission finds it appropriate to designate a longer period
within which to take action on the proposed rule change so that it has
sufficient time to consider the proposed rule change. Accordingly, the
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates
October 5, 2025 as the date by which the Commission shall either
approve or disapprove, or institute proceedings to determine whether to
disapprove, the proposed rule change (SR-MX2-2025-01).
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\5\ See id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
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\6\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-16182 Filed 8-22-25; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on August 25, 2025.
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