[Federal Register Volume 89, Number 19 (Monday, January 29, 2024)]
[Notices]
[Page 5588]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-01619]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-99415; File No. SR-CboeBZX-2023-063]


Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Withdrawal of a Proposed Rule Change To Adopt an Alternative to the 
Minimum $4 Price Requirement for Companies Seeking To List Tier II 
Securities on the Exchange

January 23, 2024.

    On September 19, 2023, Cboe BZX Exchange, Inc. (``BZX'' or the 
``Exchange'') 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 adopt an alternative to the minimum $4 price 
requirement for companies seeking to list Tier II securities on the 
Exchange. The proposed rule change was published for comment in the 
Federal Register on October 2, 2023.\3\ On November 6, 2023, pursuant 
to Section 19(b)(2) of the Act,\4\ 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.\5\ The Commission received two 
comments on the proposed rule change.\6\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 98532 (Sept. 26, 
2023), 88 FR 67852.
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 98860, 88 FR 77647 
(Nov. 13, 2023).
    \6\ Comments received on the proposed rule change are available 
at: https://www.sec.gov/comments/sr-cboebzx-2023-063/srcboebzx2023063.htm.
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    On December 27, 2023, the Commission instituted proceedings under 
Section 19(b)(2)(B) of the Act \7\ to determine whether to approve or 
disapprove the proposed rule change.\8\ On January 17, 2024, the 
Exchange withdrew the proposed rule change (SR-CboeBZX-2023-063).
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    \7\ 15 U.S.C. 78s(b)(2)(B).
    \8\ See Securities Exchange Act Release No. 99247, 89 FR 425 
(Jan. 3, 2024).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\9\
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    \9\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-01619 Filed 1-26-24; 8:45 am]
BILLING CODE 8011-01-P