5948 Federal Register / Vol. 89, No. 20 / Tuesday, January 30, 2024 / Notices 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3 15 U.S.C. 78f(b). 

4 15 U.S.C. 78f(b)(5). 

Statement has been updated due to a 

systematic review. 

Analysis 

Agency: Retirement Operations, 

Retirement Services, Office of Personnel 

Management. 

Title: Federal Employees Health 

Benefits (FEHB) Open Season Express 

Interactive Voice Response (IVR) System 

and Open Season Online. 

OMB Number: 3206–0201. 

Frequency: On occasion. 

Affected Public: Individual or 

Households. 

Number of Respondents: 350,100. 

Estimated Time per Respondent: 10 

minutes. 

Total Burden Hours: 58,350 hours. 

Office of Personnel Management. 

Kayyonne Marston, 

Federal Register Liaison. 

[FR Doc. 2024–01742 Filed 1–29–24; 8:45 am] 

BILLING CODE 6325–38–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99425; File No. SR– 

PEARL–2024–04] 

Self-Regulatory Organizations; MIAX 

PEARL, LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change by MIAX PEARL, LLC To 

Amend Exchange Rule 2613, Usage of 

Data Feeds 

January 24, 2024. 

Pursuant to the provisions of Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 notice is hereby given that 

on January 22, 2024, MIAX PEARL, LLC 

(‘‘MIAX Pearl’’ or ‘‘Exchange’’) filed 

with the Securities and Exchange 

Commission (‘‘Commission’’) a 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the Exchange. 

The Commission is publishing this 

notice to solicit comments on the 

proposed rule change from interested 

persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend 

Exchange Rule 2613(a), Usage of Data 

Feeds, to disclose that the Exchange will 

utilize direct data feeds from the 

Investors Exchange LLC (‘‘IEX’’) when 

performing order handling, order 

execution, routing, and related 

compliance processes for equity 

securities. 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://www.miaxglobal.com/markets/ 

us-equities/pearl-equities/rule-filings, at 

MIAX Pearl’s principal office, and at the 

Commission’s Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of and basis for 

the proposed rule change and discussed 

any comments it received on the 

proposed rule change. The text of these 

statements may be examined at the 

places specified in Item IV below. The 

Exchange has prepared summaries, set 

forth in sections A, B, and C below, of 

the most significant aspects of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

Exchange Rule 2613 identifies the 

data feeds that the Exchange utilizes for 

the handling, execution, and routing of 

orders in equity securities on the 

Exchange’s equity trading platform 

(‘‘MIAX Pearl Equities’’), as well as for 

surveillance necessary to monitor 

compliance with applicable securities 

laws and Exchange Rules. The Exchange 

currently utilizes IEX market data from 

the Consolidated Quotation System 

(‘‘CQS’’)/UTP Quotation Data Feed 

(‘‘UQDF’’) for these purposes on MIAX 

Pearl Equities. The Exchange intends to 

begin to utilize IEX’s direct feeds in 

place of market data from the CQS/ 

UQDF. Therefore, the Exchange 

proposes to amend Exchange Rule 

2613(a) to reflect that the Exchange will 

utilize IEX’s direct feeds in place of 

market data from the CQS/UQDF when 

performing order handling, order 

execution, routing, and related 

compliance processes for equity 

securities on MIAX Pearl Equities. The 

Exchange does not currently utilize a 

secondary source for data from IEX. 

Once it begins to utilize direct feeds for 

data from IEX, the Exchange will also 

begin to utilize CQS/UQDF as a 

secondary source of data from IEX on 

MIAX Pearl Equities. 

Implementation 

Due to the technological changes 

associated with this proposed change, 

the Exchange will issue a trading alert 

publicly announcing the 

implementation date of this proposed 

rule change. The Exchange anticipates 

that the implementation date will be in 

either the second or third quarter of 

2024. 

2. Statutory Basis 

The proposed rule change is 

consistent with Section 6(b) of the Act,3

in general, and furthers the objectives of 

Section 6(b)(5),4 in particular, because it 

is designed to prevent fraudulent and 

manipulative acts and practices, to 

promote just and equitable principles of 

trade, to foster cooperation and 

coordination with persons engaged in 

regulating, clearing, settling, processing 

information with respect to, and 

facilitating transactions in securities, to 

remove impediments to and perfect the 

mechanism of a free and open market 

and a national market system, and, in 

general, to protect investors and the 

public interest. 

The proposal to update Exchange 

Rule 2613(a) to reflect that the Exchange 

will utilize IEX’s direct feeds in place of 

market data from the CQS/UQDF on 

MIAX Pearl Equities will continue to 

provide market participants with insight 

and transparency into which data feeds 

the Exchange utilizes when performing 

order handling, order execution, 

routing, and related compliance 

processes for equity securities. The 

Exchange’s proposal to utilize IEX’s 

direct feeds promotes just and equitable 

principles of trade because it will allow 

the Exchange to receive market data 

directly from IEX, thereby potentially 

enhancing the performance of its order 

handling, order execution, routing, and 

related compliance processes for equity 

securities. The proposed rule changes 

also remove impediments to and 

perfects the mechanism of a free and 

open market and protects investors and 

the public interest because it will 

continue to ensure that Exchange Rule 

2613(a) accurately reflects the 

Exchange’s sources of market data it 

utilizes for each other equities exchange 

and the Financial Industry Regulatory 

Authority, Inc.’s Alternative Display 

Facility. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. To the 

contrary, the Exchange believes the 

proposal would enhance competition by 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 20 / Tuesday, January 30, 2024 / Notices 5949 

5 15 U.S.C. 78s(b)(3)(A). 

6 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6) requires a self-regulatory organization to give 

the Commission written notice of its intent to file 

the proposed rule change at least five business days 

prior to the date of filing of the proposed rule 

change, or such shorter time as designated by the 

Commission. The Exchange has satisfied this 

requirement. 7 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3Partial Amendment No. 1 updates the 

pagination throughout Exhibit 5 to File No. LCH 

SA–2023–008 and the Table of Contents in Exhibit 

5 to File No. LCH SA–2023–008 to reflect the 

revised pagination. Partial Amendment No. 1 would 

also remove two references to field codes in Chapter 

1 of Exhibit 5 to File No. LCH SA–2023–008. 

enhancing transparency and enabling 

market participants to better assess the 

quality of MIAX Pearl Equities’ 

execution and routing services by 

continuing to provide market 

participants with insight and 

transparency into which data feeds the 

Exchange utilizes when performing 

order handling, order execution, 

routing, and related compliance 

processes for equity securities. The 

Exchange also believes the proposal 

would enhance competition because it 

will potentially enhance the 

performance of its order handling and 

execution of orders in equity securities 

by receiving market data directly from 

IEX. Lastly, the proposed rule change 

will not impact competition between 

market participants because it will affect 

all market participants equally. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

Written comments were neither 

solicited nor received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the foregoing proposed rule 

change does not: (i) Significantly affect 

the protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and (iii) become 

operative for 30 days after the date of 

the filing, or such shorter time as the 

Commission may designate, it has 

become effective pursuant to 19(b)(3)(A) 

of the Act 5 and Rule 19b–4(f)(6) 6

thereunder. 

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. If the 

Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (https://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include file number SR– 

PEARL–2024–04 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to file 

number SR–PEARL–2024–04. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (https://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. Do not include personal 

identifiable information in submissions; 

you should submit only information 

that you wish to make available 

publicly. We may redact in part or 

withhold entirely from publication 

submitted material that is obscene or 

subject to copyright protection. All 

submissions should refer to file number 

SR–PEARL–2024–04 and should be 

submitted on or before February 20, 

2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–01747 Filed 1–29–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

FEDERAL REGISTER CITATION OF PREVIOUS

ANNOUNCEMENT: Publishing in the FR of 

1/29/24 

PREVIOUSLY ANNOUNCED TIME AND DATE OF

THE MEETING: Wednesday, January 31, 

2024, at 9:00 a.m. 

CHANGES IN THE MEETING: The Open 

Meeting scheduled for Wednesday, 

January 31, 2024, at 9:00 a.m., has been 

changed to Wednesday, January 31, 

2024, at 9:30 a.m. 

CONTACT PERSON FOR MORE INFORMATION: 

For further information; please contact 

Vanessa A. Countryman from the Office 

of the Secretary at (202) 551–5400. 

Authority: 5 U.S.C. 552b. 

Dated: January 26, 2024. 

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2024–01948 Filed 1–26–24; 4:15 pm] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99423; File No. SR–LCH 

SA–2023–008] 

Self-Regulatory Organizations; LCH 

SA; Order Approving Proposed Rule 

Change, as Modified by Partial 

Amendment No. 1, Relating to 

Recovery and Resolution 

January 24, 2024. 

I. Introduction 

On November 24, 2023, Banque 

Centrale de Compensation, which 

conducts business under the name LCH 

SA (‘‘LCH SA’’), 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 its CDS Clearing Rule Book 

(‘‘Rule Book’’) to make amendments 

relating to recovery and resolution. On 

December 5, 2023, LCH SA filed Partial 

Amendment No. 1 to the proposed rule 

change to make certain changes to the 

Exhibit 5 to File No. LCH SA–2023– 

008.3 The proposed rule change, as 


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