[Federal Register Volume 88, Number 61 (Thursday, March 30, 2023)]
[Notices]
[Pages 19178-19179]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-06558]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-97194; File No. SR-NASDAQ-2022-077]


Self-Regulatory Organizations; The Nasdaq Stock Market LLC; 
Notice of Withdrawal of Proposed Rule Change To Amend Rule 4702 To 
Establish New ``Contra Midpoint Only'' and ``Contra Midpoint Only With 
Post-Only'' Order Types

March 24, 2023.
    On December 22, 2022, The Nasdaq Stock Market LLC (``Nasdaq'') 
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 
amend Rule 4702 to establish new ``Contra Midpoint Only'' and ``Contra 
Midpoint Only with Post-Only'' order types. The proposed rule change 
was published for comment in the Federal Register on January 11, 
2023.\3\ The Commission received three comment letters on the proposed 
rule change.\4\ On February 23, 2023, pursuant to Section 19(b)(2) of 
the Act,\5\ the Commission designated a longer period within which to 
approve the proposed rule change, disapprove the proposed rule change, 
or institute

[[Page 19179]]

proceedings to determine whether to disapprove the proposed rule 
change.\6\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 96601 (Jan. 5, 
2023), 88 FR 1616.
    \4\ See Letter from Joseph Saluzzi, Partner, Themis Trading LLC, 
to Vanessa Countryman, Secretary, Commission, dated February 21, 
2023; Letter from John Ramsay, Chief Market Policy Officer, 
Investors Exchange LLC, to Vanessa Countryman, Secretary, 
Commission, dated February 27, 2023; Letter from Joanna Mallers, 
Secretary, FIA Principal Traders Group, to Vanessa Countryman, 
Secretary, Commission, dated March 8, 2023.
    \5\ 15 U.S.C. 78s(b)(2).
    \6\ See Securities Exchange Act Release No. 96969, 88 FR 13003 
(Mar. 1, 2023). The Commission designated April 11, 2023 as the date 
by which the Commission shall approve or disapprove, or institute 
proceedings to determine whether to disapprove, the proposed rule 
change.
---------------------------------------------------------------------------

    On March 22, 2023, Nasdaq withdrew the proposed rule change (SR-
NASDAQ-2022-077).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
---------------------------------------------------------------------------

    \7\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Sherry R. Haywood,
Assistant Secretary.

[FR Doc. 2023-06558 Filed 3-29-23; 8:45 am]
BILLING CODE 8011-01-P