[Federal Register Volume 89, Number 177 (Thursday, September 12, 2024)]
[Notices]
[Page 74309]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-20634]



[[Page 74309]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100960; File Nos. FINRA-2024-002; SR-FINRA-2024-003]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Withdrawal of Proposed Rule Change To 
Establish Fees for Industry Members Related to Certain Historical Costs 
of the National Market System Plan Governing the Consolidated Audit 
Trail

September 6, 2024.
    On January 2, 2024, Financial Industry Regulatory Authority, Inc. 
(``FINRA'') filed with the Securities and Exchange Commission (the 
``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder,\2\ 
proposed rule changes to establish fees for industry members related to 
certain historical costs of the National Market System plan governing 
the Consolidated Audit Trail. The proposed rule changes were 
immediately effective upon filing with the Commission pursuant to 
Section 19(b)(3)(A) of the Act.\3\ On February 13, 2024, the proposed 
rule changes were published in the Federal Register and the Commission 
temporarily suspended and instituted proceedings to determine whether 
to approve or disapprove the proposed rule changes.\4\ The Commission 
received six comments on the proposed rule changes and one response to 
those comments.\5\ On July 31, 2024, pursuant to Section 19(b)(2) of 
the Act,\6\ the Commission designated a longer period within which to 
approve the proposed rule changes or disapprove the proposed rule 
changes.\7\ On September 5, 2024, FINRA withdrew the proposed rule 
changes (FINRA-2024-002; SR-FINRA-2024-003).
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    \1\ 15 U.S.C.78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A). A proposed rule change may take 
effect upon filing with the Commission if it is designated by the 
exchange as ``establishing or changing a due, fee, or other charge 
imposed by the self-regulatory organization on any person, whether 
or not the person is a member of the self-regulatory organization.'' 
15 U.S.C. 78s(b)(3)(A)(ii).
    \4\ Securities Exchange Act Release Nos. 99363 (January 17, 
2024), 89 FR 10850 (February 13, 2024) (SR-FINRA-2024-002); 99372 
(January 17, 2024), 89 FR 11153 (February 13, 2024) (SR-FINRA-2024-
003).
    \5\ See letters from: Edward Weisbaum, Executing Broker CBOE 
Floor, dated February 6, 2024; Howard Meyerson, Managing Director, 
Financial Information Forum, to Vanessa Countryman, Secretary, 
Commission, dated March 4, 2024; Thomas M. Merritt, Deputy General 
Counsel, Virtu Financial, Inc., to Vanessa Countryman, Secretary, 
Commission, dated March 5, 2024; Ellen Greene, Managing Director, 
Equities & Options Market Structure, SIFMA; Joseph Corcoran, 
Managing Director, Associate General Counsel, SIFMA, to Vanessa 
Countryman, Secretary, Commission, dated March 5, 2024; Stephen John 
Berger, Managing Director, Global Head of Government & Regulatory 
Policy, Citadel Securities, to Vanessa Countryman, Secretary, 
Commission, dated March 5, 2024; Joanna Mallers, Secretary, FIA 
Principal Traders Group, to Vanessa Countryman, Secretary, 
Commission, dated March 9, 2024; and Brandon Becker, CAT NMS Plan 
Operating Committee Chair, to Vanessa Countryman, Secretary, 
Commission, dated June 13, 2024.
    \6\ 15 U.S.C. 78s(b)(2).
    \7\ See Securities Exchange Act Release Nos. 100628 (Jul. 31, 
2024), 89 FR 64010 (Aug. 6, 2024) (SR-FINRA-2024-002); 100627 (Jul. 
31, 2024), 89 FR 64024 (Aug. 6, 2024) (SR-FINRA-2024-003); The 
Commission designated October 10, 2024 as the date by it should 
approve or disapprove the proposed rule changes.
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    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(12).

Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-20634 Filed 9-11-24; 8:45 am]
BILLING CODE 8011-01-P