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. 34-101777; File No. 10-242] November 27, 2024. I. Introduction and Procedural History On February 6, 2024, 24X National Exchange LLC (“24X” or “Exchange”) filed with the Securities and Exchange Commission (“Commission”) a Form 1 application under the Securities Exchange Act of 1934 (“Exchange Act”) seeking registration as a national securities exchange under section 6 of the Exchange Act. [ 1 ] Notice of the application was published for comment in the Federal Register on March 4, 2024. [ 2 ] The Commission received five comments on the Notice  [ 3 ] and a letter responding to the comments from 24X. [ 4 ] On May 31, 2024, the Commission instituted proceedings pursuant to section 19(a)(1)(B) of the Exchange Act  [ 5 ] to determine whether to grant or deny 24X's application for registration as a national securities exchange under section 6 of the Exchange Act (the “OIP”). [ 6 ] After issuance of the OIP, the Commission received six comment letters  [ 7 ] and a letter responding to the comments from 24X. [ 8 ] On August 21, 2024, 24X filed an amendment to its Form 1 application (“Amendment No. 1”), [ 9 ] which was published for comment in the Federal Register on September 3, 2024. [ 10 ] On August 30, 2024, the Commission extended, pursuant to section 19(a)(1)(B) of the Exchange ( printed page 97093) Act, [ 11 ] the time period for granting…
Citation: 89 FR 97092
