[Federal Register Volume 89, Number 170 (Tuesday, September 3, 2024)]
[Notices]
[Page 71773]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-19643]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100838; File No. SR-DTC-2024-007]


Self-Regulatory Organizations; Depository Trust Company; Notice 
of Withdrawal of a Proposed Rule Change To Modify the DTC Operational 
Arrangements (Necessary for Securities To Become and Remain Eligible 
for DTC Services)

August 27, 2024.
    On July 26, 2024, the Depository Trust Company (``DTC'') filed with 
the Securities and Exchange Commission (``Commission''), pursuant to 
Section 19(b)(3)(A) of the Securities Exchange Act of 1934 (``Act'') 
\1\ and Rule 19b-4(f)(6) thereunder,\2\ a proposed rule change to amend 
the DTC Operational Arrangements (Necessary for Securities to Become 
and Remain Eligible for DTC Services) (the ``OA'') to (i) insert, 
consolidate and update the procedures for an Agent processing a 
reorganizations event, offer, or solicitation (each, an ``Offer'') 
through the DTC Automated Tender Offer Program (``ATOP'') \3\ system or 
Automated Subscription Offer Program (``ASOP'') \4\ system in order to 
better align with current processing, and (ii) make related technical 
and clarifying changes relating to Offers processed through ATOP or 
ASOP (``Proposal'').
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    \1\ 15 U.S.C. 78s(b)(3)(A).
    \2\ 17 CFR 240.19b-4(f)(6).
    \3\ For the history of ATOP, see Securities Exchange Act Release 
Nos. 26538 (Feb. 13,1989), 54 FR 7316 (Feb. 17, 1989) (SR-DTC-88-
19); 27139 (Aug. 14, 1989), 54 FR 34841 (Aug. 22, 1989) (SR-DTC-88-
19); 29168 (May 7, 1991), 56 FR 22742 (May 16, 1991) (SR-DTC-91-04); 
30678 (May 7, 1992), 57 FR 20541 (May 13, 1992) (SR-DTC-91-11); and 
32645 (July 16, 1993), 58 FR 39585 (SR-DTC-92-12).
    \4\ For more information about ASOP, see Securities Exchange Act 
Release No. 35108 (Dec. 16, 1994), 59 FR 67356 (Dec. 29, 1994) (SR-
DTC-94-15).
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    The Proposal was published for comment in the Federal Register on 
August 7, 2024.\5\
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    \5\ See Securities Exchange Act Release No. 100637 (Aug. 1, 
2024), 89 FR 64511 (Aug. 7, 2024).
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    On August 23, 2024, DTC withdrew the Proposal (SR-DTC-2024-07).

    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)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-19643 Filed 8-30-24; 8:45 am]
BILLING CODE 8011-01-P