[Federal Register Volume 89, Number 49 (Tuesday, March 12, 2024)]
[Notices]
[Pages 17887-17888]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-05151]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-99682; File No. SR-PEARL-2024-03]


Self-Regulatory Organizations; MIAX PEARL LLC; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Amend Exchange Rule 402, Criteria for Underlying Securities, 
To List and Trade Options on Exchange-Traded Fund Shares That Represent 
Interests in a Trust That Holds Bitcoin

March 6, 2024.
    On January 12, 2024, MIAX PEARL LLC 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 list and trade options on 
Exchange-Traded Fund Shares that represent interests in a trust that 
holds bitcoin. The proposed rule change was published for comment in 
the Federal Register on January 25, 2024.\3\ The Commission has 
received no comments on the proposed rule change.
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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. 99394 (January 19, 
2024), 89 FR 5058.
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    Section 19(b)(2) of the Act \4\ provides that within 45 days of the 
publication of notice of the filing of a proposed rule change, or 
within such longer period up to 90 days as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding, or as to which the self-regulatory organization 
consents, the Commission shall either approve the proposed rule change, 
disapprove the

[[Page 17888]]

proposed rule change, or institute proceedings to determine whether the 
proposed rule change should be disapproved. The 45th day after 
publication of the notice for this proposed rule change is March 10, 
2024. The Commission is extending this 45-day time period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission finds it appropriate to designate a longer period 
within which to take action on the proposed rule change so that it has 
sufficient time to consider the proposed rule change. Accordingly, the 
Commission, pursuant to Section 19(b)(2) of the Act,\5\ designates 
April 24, 2024 as the date by which the Commission shall either approve 
or disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-PEARL-2024-03).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-05151 Filed 3-11-24; 8:45 am]
BILLING CODE 8011-01-P