[Federal Register Volume 89, Number 137 (Wednesday, July 17, 2024)]
[Notices]
[Pages 58235-58236]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15670]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100500; File No. 4-757]


Joint Industry Plan; Notice of Designation of a Longer Period for 
Commission Action on a Proposed National Market System Plan Regarding 
Consolidated Equity Market Data

July 11, 2024.
    On October 23, 2023, Cboe BYX Exchange, Inc., Cboe BZX Exchange, 
Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe 
Exchange, Inc., Investors Exchange LLC, Long Term Stock Exchange, Inc., 
MEMX LLC, MIAX PEARL, LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq 
PHLX LLC, Nasdaq Stock Market LLC, New York Stock Exchange LLC, NYSE 
American LLC, NYSE Arca, Inc., NYSE Chicago, Inc., NYSE National, Inc., 
and Financial Industry Regulatory Authority, Inc. filed with the 
Securities and Exchange Commission (``Commission'') a proposed new 
single national market system plan governing the public dissemination 
of real-time consolidated equity market data for national market system 
stocks (the ``CT Plan''). The proposed CT Plan was published for 
comment in the Federal Register on January 25, 2024.\1\
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    \1\ See Joint Industry Plan; Notice of Filing of a National 
Market System Plan Regarding Consolidated Equity Market Data, 
Securities Exchange Act Release No. 99403 (Jan. 19, 2024), 89 FR 
5002 (Jan. 25, 2024) (``Notice''). Comments received in response to 
the Notice can be found on the Commission's website at: https://www.sec.gov/comments/4-757/4-757.htm.

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[[Page 58236]]

    On April 23, 2024, the Commission instituted proceedings pursuant 
to Rule 608(b)(2)(i) of Regulation NMS \2\ under the Exchange Act to 
determine whether to approve or disapprove the proposed CT Plan or to 
approve the proposed CT Plan with any changes or subject to any 
conditions the Commission deems necessary or appropriate after 
considering public comment.\3\ Rule 608(b)(2)(i) of Regulation NMS 
provides that such proceedings shall be concluded within 180 days of 
the date of publication of notice of the plan or amendment and that the 
time for conclusion of such proceedings may be extended for up to 60 
days (up to 240 days from the date of notice publication) if the 
Commission determines that a longer period is appropriate and publishes 
the reasons for such determination or the plan participants consent to 
a longer period.\4\ The 180th day after publication of the Notice for 
the proposed CT Plan is July 23, 2024. The Commission is extending this 
180-day period.
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    \2\ 17 CFR 242.608(b)(2)(i).
    \3\ See Joint Industry Plan; Order Instituting Proceedings to 
Determine Whether to Approve or Disapprove a National Market System 
Plan Regarding Consolidated Equity Market Data, Securities Exchange 
Act Release No. 100017 (Apr. 23, 2024), 89 FR 33412 (Apr. 29, 2024) 
(``OIP''). Comments received in response to the OIP can be found on 
the Commission's website at: https://www.sec.gov/comments/4-757/4-757.htm.
    \4\ See 17 CFR 242.608(b)(2)(i).
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    The Commission finds that it is appropriate to designate a longer 
period within which to conclude proceedings regarding the proposed CT 
Plan so that it has sufficient time to consider the proposed CT Plan 
and the comments received. Accordingly, pursuant to Rule 608(b)(2)(i) 
of Regulation NMS,\5\ the Commission designates September 21, 2024, as 
the date by which the Commission shall conclude the proceedings to 
determine whether to approve or disapprove the proposed CT Plan or to 
approve the proposed CT Plan with any changes or subject to any 
conditions the Commission deems necessary or appropriate (File No. 4-
757).
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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)(85).
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J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-15670 Filed 7-16-24; 8:45 am]
BILLING CODE 8011-01-P