[Federal Register Volume 89, Number 172 (Thursday, September 5, 2024)]
[Notices]
[Page 72501]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-19949]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100879; File No. SR-NASDAQ-2024-037]


Self-Regulatory Organizations; The Nasdaq Stock Market LLC; 
Notice of Designation of a Longer Period for Commission Action on 
Proposed Rule Change To Amend Rule 5820 To Codify the Standards of 
Review that Govern Appeals Before the Nasdaq Listing and Hearing Review 
Council and Calls for Review by the Nasdaq Listing and Hearing Review 
Council

August 30, 2024.
    On July 3, 2024, The Nasdaq Stock Market LLC (``Nasdaq'' or 
``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 amend Rule 5820 to codify the standards of 
review that govern appeals before the Nasdaq Listing and Hearing Review 
Council and calls for review by the Nasdaq Listing and Hearing Review 
Council. The proposed rule change was published for comment in the 
Federal Register on July 23, 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. 100544 (July 17, 
2024), 89 FR 59782. Comments on the proposed rule change are 
available at: https://www.sec.gov/comments/sr-nasdaq-2024-037/srnasdaq2024037.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 September 6, 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 
October 21, 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-NASDAQ-2024-037).
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    \5\ 15 U.S.C. 78s(b)(2).

    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. 2024-19949 Filed 9-4-24; 8:45 am]
BILLING CODE 8011-01-P