Securities and Exchange Commission
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-101257; File No. SR-NYSE-2024-35] October 4, 2024. I. Introduction On June 21, 2024, the New York Stock Exchange LLC (“NYSE” or “Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”)  [ 1 ] and Rule 19b-4 thereunder, [ 2 ] a proposed rule change to amend Section 302.00 of the NYSE Listed Company Manual (“Manual”) to exempt closed-end funds registered under the Investment Company Act of 1940 (“1940 Act”)  [ 3 ] from the requirement to hold annual shareholder meetings. The proposed rule change was published for comment in the Federal Register on July 9, 2024. [ 4 ] On August 21, 2024, pursuant to Section 19(b)(2) of the Exchange Act, [ 5 ] 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. [ 6 ] The Commission is instituting proceedings pursuant to Section 19(b)(2)(B) of the Exchange Act  [ 7 ] to determine whether to approve or disapprove the proposed rule change. II. Description of the Proposed Rule Change Section 102.04 of the Manual sets forth listing requirements for closed-end ( printed page 82278) management investment companies registered under the 1940 Act (&ld…
Citation: 89 FR 82277
