[Federal Register Volume 89, Number 166 (Tuesday, August 27, 2024)]
[Notices]
[Pages 68671-68672]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-19152]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100791; File No. SR-NASDAQ-2024-029]


Self-Regulatory Organizations; The Nasdaq Stock Market LLC; 
Notice of Designation of a Longer Period for Commission Action on 
Proposed Rule Change Proposing To Modify the Application of Bid Price 
Compliance Periods

August 21, 2024.
    On June 21, 2024, The Nasdaq Stock Market LLC (``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 modify the 
application of the bid price compliance periods where a company takes 
action that causes non-compliance with another listing requirement. The 
proposed rule change was published for comment in the Federal Register 
on July 9, 2024.\3\
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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. 100461 (July 3, 
2024), 89 FR 56457 (``Notice''). Comments on the proposed rule 
change are available at: https://www.sec.gov/comments/sr-nasdaq-2024-029/srnasdaq2024029.htm.
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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 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 August 23, 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 and the comments 
received. Accordingly, pursuant to Section 19(b)(2) of the Act,\5\ the 
Commission designates October 7, 2024 as the date by which the 
Commission shall either approve or disapprove, or institute proceedings 
to determine whether to

[[Page 68672]]

disapprove, the proposed rule change (File No. SR-NASDAQ-2024-029).
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    \5\ Id.
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    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).

Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-19152 Filed 8-26-24; 8:45 am]
BILLING CODE 8011-01-P