89 FR 157 pg. 66162 - Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Withdrawal of Proposed Rule Change To Permit the Exchange To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin
Type: NOTICEVolume: 89Number: 157Page: 66162
Page: 66162Docket number: [Release No. 34-100676; File No. SR-PEARL-2024-03]
FR document: [FR Doc. 2024-18074 Filed 8-13-24; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100676; File No. SR-PEARL-2024-03]
Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Withdrawal of Proposed Rule Change To Permit the Exchange To List and Trade Options on Exchange-Traded Fund Shares That Represent Interests in a Trust That Holds Bitcoin
August 8, 2024.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 ("Act")? 1 and Rule 19b-4 thereunder, 2 MIAX PEARL, LLC ("MIAX Pearl") filed with the Securities and Exchange Commission ("Commission") a proposed rule change to permit the Exchange to list and trade options on exchange-traded fund shares that represent interests in a trust that holds bitcoin ("Proposal").
Footnotes:
1 ?15 U.S.C. 78s(b)(1).
2 ?17 CFR 240.19b-4.
On January 25, 2024, the Proposal was published for comment in the Federal Register . 3 On March 6, 2024, pursuant to Section 19(b)(2) of the Act, 4 the Commission designated a longer period within which to approve the Proposal, disapprove the Proposal, or institute proceedings to determine whether to disapprove the Proposal. 5 On April 24, 2024, the Commission instituted proceedings under Section 19(b)(2)(B) of the Act? 6 to determine whether to approve or disapprove the Proposal. 7 The Commission received comments addressing the Proposal. 8 On July 19, 2024, the Commission designated a longer time for Commission action on the Proposal. 9 On August 1, 2024, MIAX Pearl withdrew the Proposal (SR-PEARL-2024-03).
Footnotes:
3 ? See Securities Exchange Act Release No. 99394 (Jan. 19, 2024), 89 FR 5058 (SR-PEARL-2024-03).
4 ?15 U.S.C. 78s(b)(2).
5 ? See Securities Exchange Act Release No. 99682 (Mar. 6, 2024), 89 FR 17887 (Mar. 12, 2024).
6 ?15 U.S.C. 78s(b)(2)(B).
7 ? See Securities Exchange Act Release No. 100024 (Apr. 24, 2024), 89 FR 34290 (Apr. 30, 2024).
8 ?Comment letters on the Proposal are available at http://www.sec.gov/comments/sr-pearl-2024-03/srpearl202403.htm.
9 ? See Securities Exchange Act Release No. 100567 (Jul. 19, 2024), 89 FR 60482 (Jul. 25, 2024).
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. 10
Footnotes:
10 ?17 CFR 200.30-3(a)(12).
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-18074 Filed 8-13-24; 8:45 am]
BILLING CODE 8011-01-P