2023-04797. 24X National Exchange LLC; Notice of Withdrawal of Application for Registration as a National Securities Exchange Under Section 6 of the Securities Exchange Act of 1934  

  • Start Preamble Start Printed Page 14663 March 3, 2023.

    On March 25, 2022, 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 (“Act”), seeking registration as a national securities exchange under Section 6 of the Act [1] (“Form 1 Application”). Notice of the Form 1 Application was published for comment in the Federal Register on June 6, 2022.[2] The Commission received three comments on the Form 1 Application and a letter in response to the comments from 24X.[3] On September 1, 2022, the Commission instituted proceedings pursuant to Section 19(a)(1)(B) of the Act [4] (the “OIP”) to determine whether to grant or deny 24X's Form 1 Application.[5] The Commission received one comment letter in response to the OIP and a letter in response to the OIP from 24X.[6] On October 21, 2022, 24X filed an amendment to its Form 1 Application (“Amendment No.1”).[7] Notice of Amendment No. 1 was published for comment in the Federal Register on November 9, 2022.[8] On November 10, 2022, 24X filed a second amendment to its Form 1 Application (“Amendment No. 2”).[9] Notice of Amendment No. 2 was published for comment in the Federal Register on November 22, 2022.[10] On November 18, 2022, the Commission extended the time to determine whether to grant or deny the application.[11] The Commission received a comment letter after the publication of extension of time.[12]

    On February 16, 2023, the Exchange withdrew the Form 1 Application (File No. 10-239).[13]

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    By the Commission.

    Sherry R. Haywood,

    Assistant Secretary.

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    Footnotes

    2.   See Securities Exchange Act Release No. 95007 (May 31, 2022), 87 FR 34333 (June 6, 2022).

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    3.  Comment and response letters relating to the Form 1 Application are available on the Commission's website at https://www.sec.gov/​comments/​10-239/​10-239.htm.

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    5.   See Securities Exchange Act Release No. 95651 (Sept. 1, 2022), 87 FR 54736 (Sept. 7, 2022).

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    6.   See supra note 3.

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    7.  Amendment No. 1 is available on the Commission's website at https://www.sec.gov/​rules/​other/​2022/​24x/​24x-form-1.htm.

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    8.   See Securities Exchange Act Release No. 96218 (Nov. 3, 2022), 87 FR 67725 (Nov. 9, 2022).

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    9.  Amendment No. 2 is available on the Commission's website at https://www.sec.gov/​rules/​other/​2022/​24x/​24x-form-1.htm.

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    10.   See Securities Exchange Act Release No. 96337 (Nov. 17, 2022), 87 FR 71388 (Nov. 22, 2022).

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    11.   See Securities Exchange Act Release No. 96364 (Nov. 18, 2022), 87 FR 72553 (Nov. 25, 2022).

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    12.   See supra note 3.

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    13.   See letter from Paul Adcock, Head of Equities and Senior Director, 24X, to Vanessa Countryman, Secretary, Commission, dated Feb. 16, 2023.

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    [FR Doc. 2023-04797 Filed 3-8-23; 8:45 am]

    BILLING CODE 8011-01-P

Document Information

Published:
03/09/2023
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
2023-04797
Pages:
14663-14663 (1 pages)
Docket Numbers:
Release No. 34-97043, File No. 10-239
PDF File:
2023-04797.pdf