83064 Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 

No. 59039 (December 2, 2008), 73 FR 74770, 74782– 

83 (December 9, 2008) (SR–NYSE–2006–21)). 

19 15 U.S.C. 78s(b)(3)(A)(ii). 

20 17 CFR 240.19b–4. 21 17 CFR 200.30–3(a)(12). 

does not believe its proposed pricing 

changes impose any burden on 

competition that is not necessary or 

appropriate in furtherance of the 

purposes of the Act. 

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 

Pursuant to Section 19(b)(3)(A)(ii) of 

the Act,19 and Rule 19b–4(f)(2) 

thereunder 20 the Exchange has 

designated this proposal as establishing 

or changing a due, fee, or other charge 

imposed on any person, whether or not 

the person is a member of the selfregulatory organization, which renders 

the proposed rule change effective upon 

filing. 

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–2024–46 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–2024–46. 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–2024–46 and should be 

submitted on or before November 5, 

2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.21

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–23659 Filed 10–11–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

35355; File No. 812–15500] 

TriplePoint Venture Growth BDC Corp., 

et al. 

October 9, 2024. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’ or ‘‘SEC’’). 

ACTION: Notice. 

Notice of application for an order 

under sections 17(d) and 57(i) of the 

Investment Company Act of 1940 (the 

‘‘Act’’) and rule 17d–1 under the Act to 

permit certain joint transactions 

otherwise prohibited by sections 17(d) 

and 57(a)(4) of the Act and rule 17d–1 

under the Act. 

SUMMARY OF APPLICATION: Applicants 

request an order to amend a previous 

order granted by the Commission that 

permits certain business development 

companies and closed-end management 

investment companies to co-invest in 

portfolio companies with each other and 

with certain affiliated investment 

entities. 

APPLICANTS: TriplePoint Venture Growth 

BDC Corp.; TriplePoint Private Venture 

Credit Inc.; TPVG Variable Funding 

Company LLC; TPVG Investment LLC; 

TPVC Funding Company LLC; TPVC 

Investment LLC; TriplePoint Advisers 

LLC; TriplePoint Capital LLC; 

TriplePoint Financial LLC; TPF Funding 

1 LLC; TPF Funding 2 LLC; TriplePoint 

Ventures 5 LLC; TPC Credit Partners 3 

LLC; TriplePoint Venture Lending 

Fund, LLC; and TriplePoint Venture 

Lending SPV, LLC. 

FILING DATES: The application was filed 

on August 22, 2023, and amended on 

February 7, 2024, and June 26, 2024. 

HEARING OR NOTIFICATION OF HEARING: An 

order granting the requested relief will 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing on any application by 

emailing the SEC’s Secretary at 

Secretarys-Office@sec.gov and serving 

the Applicants with a copy of the 

request by email, if an email address is 

listed for the relevant Applicant below, 

or personally or by mail, if a physical 

address is listed for the relevant 

Applicant below. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on November 4, 2024, and 

should be accompanied by proof of 

service on the Applicants, in the form 

of an affidavit or, for lawyers, a 

certificate of service. Pursuant to rule 0– 

5 under the Act, hearing requests should 

state the nature of the writer’s interest, 

any facts bearing upon the desirability 

of a hearing on the matter, the reason for 

the request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

emailing the Commission’s Secretary at 

Secretarys-Office@sec.gov. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicants: 

James P. Labe and Sajal K. Srivastava, 

TriplePoint Advisers LLC, at jlabe@

triplepointcapital.com and sks@

triplepointcapital.com, respectively, 

and Harry S. Pangas, Esq. and Clay 

Douglas, Esq., Dechert LLP, at 

harry.pangas@dechert.com and 

clay.douglas@dechert.com, respectively. 

FOR FURTHER INFORMATION CONTACT: 

Kieran G. Brown, Senior Counsel, or 

Terri Jordan, Branch Chief, at (202) 551– 

6825 (Division of Investment 

Management, Chief Counsel’s Office). 

SUPPLEMENTARY INFORMATION: For 

Applicants’ representations, legal 

analysis, and conditions, please refer to 

Applicants’ second amended and 

restated application, dated June 26, 

2024, which may be obtained via the 

Commission’s website by searching for 

the file number at the top of this 

document, or for an Applicant using the 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 83065 

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

2 17 CFR 240.19b–4. 

3The term ‘‘ABBO’’ or ‘‘Away Best Bid or Offer’’ 

means the best bid(s) or offer(s) disseminated by 

other Eligible Exchange (defined in Rule 1400(g)) 

and calculated by the Exchange based on market 

information received by the Exchanges from OPRA. 

See Exchange Rule 100. 

4 ‘‘Opening Process’’ shall mean the process for 

opening or resuming trading pursuant to Exchange 

Rule 503 and shall include the process for 

determining the price at which Eligible Interest 

shall be executed at the open of trading for the day, 

or the open of trading for a halted option, and the 

process for executing that Eligible Interest. See 

Exchange Rule 503(a)(1). 

5See Exchange Rule 503(a)(2). 

6The Exchange notes that its affiliate exchanges, 

MIAX Pearl Options and MIAX Emerald, have 

similar language in their fee schedules. 

7See Cboe U.S. Options Fee Schedules, C2 

Options, Transaction Fees, Trades at the Open, 

available online at https://www.cboe.com/us/ 

options/membership/fee_schedule/ctwo/; and 

EDGX Options, Transaction Fees, Fee Codes and 

Associated Fees, Fee Code ‘‘OO,’’ available online 

at https://www.cboe.com/us/options/membership/ 

fee_schedule/edgx/. 

8 15 U.S.C. 78f(b). 

9 15 U.S.C. 78f(b)(4). 

10 15 U.S.C. 78f(b)(5). 

11The term ‘‘Member’’ means an individual or 

organization that is registered with the Exchange 

pursuant to Chapter II of the Exchange Rules for 

purposes of trading on the Exchange as an 

‘‘Electronic Exchange Member’’ or ‘‘Market Maker.’’ 

Members are deemed ‘‘members’’ under the 

Exchange Act. See Exchange Rule 100. 

Company name search field, on the 

SEC’s EDGAR system. 

The SEC’s EDGAR system may be 

searched at http://www.sec.gov/edgar/ 

searchedgar/legacy/ 

companysearch.html. You may also call 

the SEC’s Public Reference Room at 

(202) 551–8090. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2024–23761 Filed 10–11–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101281; File No. SR– 

SAPPHIRE–2024–30] 

Self-Regulatory Organizations; MIAX 

Sapphire, LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend the Fee 

Schedule 

October 8, 2024. 

Pursuant to 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 

September 27, 2024, MIAX Sapphire, 

LLC (‘‘MIAX Sapphire’’ 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 is filing a proposal to 

amend the MIAX Sapphire Fee 

Schedule (the ‘‘Fee Schedule’’) to waive 

transaction rebates/fees applicable to 

transactions executed during the 

opening and transactions that uncross 

the Away Best Bid or Offer (‘‘ABBO’’).3

The text of the proposed rule change 

is available on the Exchange’s website at 

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

us-options/miax-sapphire/rule-filings, at 

the Exchange’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 

The purpose of this proposed rule 

change is to amend the Exchange’s Fee 

Schedule to waive transaction rebates/ 

fees applicable to executions that occur 

as part of the Exchange’s Opening 

Process 4 as described in Rule 503 

(‘‘Openings on the Exchange’’) or that 

uncross the ABBO, as described in Rule 

515 (‘‘Execution of Orders’’). 

Under Rule 503, Openings on the 

Exchange, the Exchange will accept 

orders for queuing prior to the opening 

of trading in that series of options.5

While orders are queued prior to the 

Opening Process it is not possible to 

identify the order as either Maker or 

Taker, therefore the Exchange now 

proposes to add additional detail to its 

Fee Schedule by adopting new note (2), 

to clarify that, the per contract 

transaction rebates and fees shall be 

waived for transactions executed during 

the opening and for transactions that 

uncross the ABBO.6 Additionally, the 

Exchange notes other competing option 

exchanges do not assess transaction 

rebates/fees at the open.7

Implementation 

The proposed change will become 

effective on October 1, 2024. 

2. Statutory Basis 

The Exchange believes that its 

proposal to amend its fee schedule is 

consistent with Section 6(b) of the Act 8

in general, and furthers the objectives of 

Section 6(b)(4) of the Act 9 in particular, 

in that it is an equitable allocation of 

reasonable dues, fees, and other charges 

among its members and issuers and 

other persons using its facilities. The 

Exchange also believes the proposal 

furthers the objectives of Section 6(b)(5) 

of the Act 10 in that it is designed to 

promote just and equitable principles of 

trade, 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 and is 

not designed to permit unfair 

discrimination between customers, 

issuers, brokers and dealers. 

The proposal provides that executions 

that occur as part of the Exchange’s 

Opening Process will not incur any fees 

or receive any rebates. The Exchange 

believes that its proposal to waive 

transaction rebates/fees that occur as 

part of the Exchange’s Opening Process 

is reasonable, fair and equitable because 

it will incentivize Members 11 to send 

order flow to the Exchange, potentially 

providing greater liquidity on the 

Exchange. In addition, the Exchange 

believes that the foregoing is fair and 

equitable because it provides certainty 

for Members with respect to execution 

costs occurring as part of the Exchange’s 

Opening Process. Lastly, the Exchange 

also believes that the proposed pricing 

for executions occurring as part of the 

Opening on the Exchange is 

nondiscriminatory because it will apply 

equally to all Members. 

The proposal further provides that 

executions that uncross the ABBO will 

not be assessed any fees or receive any 

rebates. The Exchange believes that its 

proposal to waive transaction rebates/ 

fees that uncross the ABBO is 

reasonable, fair and equitable because it 

will incentivize Members to send 

greater order flow to the Exchange in 


khammond on DSKJM1Z7X2PROD with NOTICES