Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices 105157 

17 17 CFR 200.30–3(a)(12). 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

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

the proposed rule change effective upon 

filing. 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. 

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– 

NYSEAMER–2024–79 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–NYSEAMER–2024–79. 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–NYSEAMER–2024–79 and should 

be submitted on or before January 16, 

2025. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.17

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2024–30687 Filed 12–23–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101966; File No. SR–NYSE– 

2024–78] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend 

Sections 902.02, 902.03 and 902.08 of 

the NYSE Listed Company Manual To 

Amend Initial Listing Fees and Certain 

of Its Annual Fees Applicable to Listed 

Issuers and Establish a Maximum Fee 

for Debt Securities and Structured 

Products 

December 18, 2024. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 

(‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that on December 

5, 2024, New York Stock Exchange LLC 

(‘‘NYSE’’ or the ‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the selfregulatory organization. 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 

Sections 902.02, 902.03 and 902.08 of 

the NYSE Listed Company Manual (the 

‘‘Manual’) to (i) amend its initial listing 

fee and certain of its annual fees 

charged to listed issuers, and (ii) 

establish a maximum fee payable in a 

calendar year for debt securities and 

structured products listed on the NYSE 

Bonds platform. The proposed rule 

change is available on the Exchange’s 

website at www.nyse.com, at the 

principal office of the Exchange, 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 

self-regulatory organization 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 those 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 parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend its 

initial listing fee and certain of its 

annual fees charged to listed issuers as 

set forth in Sections 902.02 and 902.03 

of the Manual. The proposed changes 

will take effect from the beginning of the 

calendar year commencing on January 1, 

2025. 

The Exchange currently charges a flat 

initial listing fee of $300,000 the first 

time an issuer lists a class of common 

shares on the Exchange. The Exchange 

proposes to increase this flat initial 

listing fee by $25,000 from $300,000 to 

$325,000. Section 902.03 of the Manual 

contains examples of how listing fees 

are calculated for certain UPREITs, U.S. 

issuers and foreign private issuers. The 

Exchange proposes to make conforming 

changes to these examples in Section 

902.03 to reflect the new $325,000 flat 

initial listing fee. 

The Exchange currently charges an 

annual fee of $0.001265 per share for 

each of the following: a primary class of 

common shares (including Equity 

Investment Tracking Stocks); each 

additional class of common shares 

(including tracking stock); a primary 

class of preferred stock (if no class of 

common shares is listed); each 

additional class of preferred stock 

(whether primary class is common or 

preferred shares); and each class of 

warrants or rights. The Exchange 

proposes to change the per share annual 

fee for the foregoing classes of securities 

from $0.001265 per share to $0.001285 

per share. 


ddrumheller on DSK120RN23PROD with NOTICES1
105158 Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices 

4The fee schedule contained in Section 902.08 of 

the Manual applies only to NYSE Bonds Securities 

that trade on the NYSE Bonds platform. Securities 

that list under the equity standards of Section 

703.19 are subject to the fee schedule contained in 

Section 902.05 of the Manual. 

5The Exchange will determine that an issuer is 

a wholly-owned subsidiary of an affiliated issuer 

based on the offering documents for the applicable 

bond issuance. 

6 15 U.S.C. 78f(b). 

7 15 U.S.C. 78f(b)(4). 

8 15 U.S.C. 78f(b)(5). 

9Securities Exchange Act Release No. 34–51808 

(June 9, 2005); 70 FR 37496 (June 29, 2005) 

(‘‘Regulation NMS’’). 

10See Regulation NMS, 70 FR 37499. 

The annual fee for a primary class of 

common shares (including Equity 

Investment Tracking Stocks) and a 

primary class of preferred stock (if no 

class of common shares is listed) is 

currently subject to a minimum fee of 

$80,000 per year. The Exchange 

proposes to increase the minimum fee 

for such securities from $80,000 per 

year to $82,000 per year. 

The proposed increase in (i) the initial 

listing fee, (ii) the per share rates for 

annual fees, and (iii) the minimum 

annual fee for a primary class of equity 

or preferred stock reflects increases in 

the costs the Exchange incurs in 

providing services to listed companies 

on an ongoing basis, as well as increases 

in the costs of conducting its related 

regulatory activities. As described 

below, the Exchange proposes to make 

the aforementioned fee increases to 

better reflect the Exchange’s costs 

related to listing equity securities and 

the corresponding value of such listing 

to companies. 

The revised annual fees will be 

applied in the same manner to all 

issuers with listed securities in the 

affected categories and the Exchange 

believes that the changes will not 

disproportionately affect any specific 

category of issuers. 

The Exchange currently charges a flat 

$25,000 initial listing fee for (i) all 

securities that list under the debt 

standard in Section 703.19 of the 

Manual and trade on NYSE Bonds, and 

(ii) all debt securities that list under 

Sections 102.03 and 103.05 of the 

Manual and trade on NYSE Bonds (such 

securities described in items (i) and (ii), 

collectively, ‘‘NYSE Bonds Securities’’). 

The Exchange charges annual fees for 

NYSE Bonds Securities on a tiered basis 

(from $25,000 to $100,000) according to 

the number of such securities listed and 

traded on the NYSE Bonds platform.4

The Exchange now proposes to adopt an 

overall cap of $100,000 on the initial 

and annual fees that may be paid by an 

issuer of NYSE Bonds Securities in any 

calendar year. The Exchange notes that 

issuers will frequently issue NYSE 

Bonds Securities from various whollyowned financing subsidiaries. 

Therefore, for purposes of calculating 

the fee cap, the Exchange will aggregate 

listing fees for NYSE Bonds Securities of 

an issuer and its wholly-owned 

subsidiaries.5

The Exchange notes that companies 

frequently issue several series of NYSE 

Bonds Securities at the same time. For 

example, as part of a single offering, a 

company may issue debt securities of 

different series with varying maturities 

(ex. 5-year, 10-year, 20-year or 30-year). 

In the Exchange’s experience, there are 

efficiencies in (i) qualifying for listing 

multiple series of NYSE Bonds 

Securities of the same issuer, and (ii) 

servicing such listings on an ongoing 

basis. Because of these efficiencies, the 

Exchange believes it is appropriate to 

establish a maximum fee of $100,000 

payable by an issuer of NYSE Bonds 

Securities in any calendar year. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Act,6 in general, and 

furthers the objectives of Section 

6(b)(4) 7 of the Act, in particular, in that 

it is designed to provide for the 

equitable allocation of reasonable dues, 

fees, and other charges. The Exchange 

also believes that the proposed rule 

change is consistent with Section 6(b)(5) 

of the Act,8 in that it is designed 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 and is not designed to 

permit unfair discrimination between 

customers, issuers, brokers, or dealers. 

The Exchange believes that it is not 

unfairly discriminatory and represents 

an equitable allocation of reasonable 

fees to amend Sections 902.02 and 

902.03 to (i) increase the initial listing 

fee and annual fees for the various 

categories of equity securities, and (ii) 

increase the minimum annual fee for a 

primary class of common equity or 

preferred stock because of the increased 

costs incurred by the Exchange since it 

established the current rates. The 

Exchange believes that it is not unfairly 

discriminatory and represents an 

equitable allocation of reasonable fees to 

amend Sections 902.08 to establish a 

maximum fee cap payable in any 

calendar year by an issuer of NYSE 

Bonds Securities because the Exchange 

experiences efficiencies is qualifying 

and servicing the listing of multiple 

series of bonds of the same issuer (or a 

wholly-owned subsidiary of such 

issuer). Currently, there are more than 

170 issuers of NYSE Bonds Securities 

and the substantial majority of those 

issuers will not see their fees change as 

a result of the proposed maximum fee 

cap. No issuer will see an increase in its 

listing fees for NYSE Bonds Securities. 

The Proposed Changes Are Reasonable 

The Exchange believes that the 

proposed changes to its initial listing fee 

and the annual fee schedule (including 

the minimum fee) are reasonable. In that 

regard, the Exchange notes that its 

general costs to support its listed 

companies have increased, including 

due to price inflation. The Exchange 

also continues to expand and improve 

the services it provides to listed 

companies. Specifically, the Exchange 

has (among other things) increased 

expenditure on listed companies and 

the value of an NYSE listing by 

increasing programming for listed 

companies and enhancing its conference 

space which can be utilized by listed 

companies. 

The Exchange believes that it is 

reasonable to establish a maximum fee 

cap payable in any calendar year by an 

issuer of NYSE Bonds Securities 

because there are efficiencies in listing 

multiple series of bonds of the same 

issuer (or a wholly-owned subsidiary of 

such issuer). 

The Exchange operates in a highly 

competitive marketplace for the listing 

of the various categories of securities 

affected by the proposed annual fee 

adjustments. The Commission has 

repeatedly expressed its preference for 

competition over regulatory 

intervention in determining prices, 

products, and services in the securities 

markets. Specifically, in Regulation 

NMS,9 the Commission highlighted the 

importance of market forces in 

determining prices and SRO revenues 

and, also, recognized that current 

regulation of the market system ‘‘has 

been remarkably successful in 

promoting market competition in its 

broader forms that are most important to 

investors and listed companies.’’ 10

The Exchange believes that the evershifting market share among the 

exchanges with respect to new listings 

and the transfer of existing listings 

between competitor exchanges 

demonstrates that issuers can choose 

different listing markets in response to 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices 105159 

11 15 U.S.C. 78s(b)(3)(A)(ii). 

12 17 CFR 240.19b–4. 

fee changes. Accordingly, competitive 

forces constrain exchange listing fees. 

Stated otherwise, changes to exchange 

listing fees can have a direct effect on 

the ability of an exchange to compete for 

new listings and retain existing listings. 

Given this competitive environment, 

the adoption of the proposed increase to 

the initial listing fee and annual fees for 

various categories of equity securities 

represents a reasonable attempt to 

address the Exchange’s increased costs 

in servicing these listings while 

continuing to attract and retain listings. 

The establishment of a maximum fee 

cap payable in a calendar year by 

issuers of NYSE Bonds Securities 

represents a reasonable attempt to 

accurately reflect the Exchange’s costs 

in listing and servicing such securities. 

The Exchange proposes to make the 

aforementioned fee increases in 

Sections 902.02, 902.03 and 903.08 to 

better reflect the value of such listing to 

issuers. 

The Proposal Is an Equitable Allocation 

of Fees 

The Exchange believes its proposal 

equitably allocates its fees among its 

market participants. 

The Exchange believes that the 

proposed amendments to the initial 

listing fee and annual fees for equity 

securities are equitable because they do 

not change the existing framework for 

such fees, but simply increase the 

amount of the flat initial listing fee, 

minimum annual fee, and per unit 

annual fee to reflect increased operating 

costs. Similarly, as the fee structure 

remains effectively unchanged apart 

from the proposed increases in the rates 

paid by all issuers, the changes to the 

initial listing fee or annual fees for 

equity securities neither target nor will 

they have a disparate impact on any 

particular category of issuer. 

The Exchange believes that the 

proposed maximum fee cap for issuers 

of NYSE Bonds Securities is equitable 

because the work required to list a bond 

does not increase on a proportional 

basis for each additional series of bonds 

that are listed on the Exchange. There 

are efficiencies in listing multiple series 

of bonds and the Exchange believes that 

its proposed fee cap is an equitable 

reflection of such efficiencies. 

The Proposal Is Not Unfairly 

Discriminatory 

The Exchange believes that the 

proposal is not unfairly discriminatory. 

The proposed fee changes are not 

unfairly discriminatory among issuers of 

operating company equity securities 

because the same fee schedule will 

apply to all such issuers and the 

proposed fee cap will be available to all 

issuers. Further, the Exchange operates 

in a competitive environment and its 

fees are constrained by competition in 

the marketplace. Other venues currently 

list all of the categories of securities 

covered by the proposed fees and if a 

company believes that the Exchange’s 

fees are unreasonable it can decide 

either not to list its securities or to list 

them on an alternative venue. 

For the foregoing reasons, the 

Exchange believes that the proposal is 

consistent with the Act. 

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. The 

proposed rule change is designed to 

ensure that the fees charged by the 

Exchange accurately reflect the services 

provided and benefits realized by listed 

companies. The market for listing 

services is extremely competitive. Each 

listing exchange has a different fee 

schedule that applies to issuers seeking 

to list securities on its exchange. Issuers 

have the option to list their securities on 

these alternative venues based on the 

fees charged and the value provided by 

each listing. Because issuers have a 

choice to list their securities on a 

different national securities exchange, 

the Exchange does not believe that the 

proposed fee changes impose a burden 

on competition. 

Intramarket Competition 

The proposed amended fees will be 

charged to all listed issuers on the same 

basis. The Exchange does not believe 

that the proposed amended fees will 

have any meaningful effect on the 

competition among issuers listed on the 

Exchange. 

Intermarket Competition 

The Exchange operates in a highly 

competitive market in which issuers can 

readily choose to list new securities on 

other exchanges and transfer listings to 

other exchanges if they deem fee levels 

at those other venues to be more 

favorable. Because competitors are free 

to modify their own fees, and because 

issuers may change their chosen listing 

venue, the Exchange does not believe its 

proposed fee change can impose any 

burden on intermarket competition. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

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,11 and Rule 19b–4(f)(2) 

thereunder 12 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. 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. 

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– 

NYSE–2024–78 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–NYSE–2024–78. 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 


ddrumheller on DSK120RN23PROD with NOTICES1
105160 Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Notices 

13 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 101483 

(October 30, 2024), 89 FR 87914 (‘‘Notice’’). 

4 15 U.S.C. 78s(b)(2). 

5 15 U.S.C. 78s(b)(2). 

6 17 CFR 200.30–3(a)(31). 

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–NYSE–2024–78 and should be 

submitted on or before January 16, 2025. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2024–30686 Filed 12–23–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–518, OMB Control No. 

3235–0576] 

Submission for OMB Review; 

Comment Request; Extension: 

Regulation G 

Upon Written Request Copies 

Available From: Securities and 

Exchange Commission, Office of FOIA 

Services, 100 F Street NE, Washington, 

DC 20549–2736 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.), the Securities 

and Exchange Commission 

(‘‘Commission’’) has submitted to the 

Office of Management and Budget this 

request for extension of the previously 

approved collection of information 

discussed below. 

Regulation G (17 CFR 244.100— 

244.102) under the Securities Exchange 

Act of 1934 (the ‘‘Exchange Act’’) (15 

U.S.C. 78a et seq.) requires publicly 

reporting companies that disclose or 

releases financial information in a 

manner that is calculated or presented 

other than in accordance with generally 

accepted accounting principles 

(‘‘GAAP’’) to provide a reconciliation of 

the non-GAAP financial information to 

the most directly comparable GAAP 

financial measure. Regulation G 

implemented the requirements of 

Section 401 of the Sarbanes-Oxley Act 

of 2002 (15 U.S.C. 7261). We estimate 

that approximately 7,196 public 

companies must comply with 

Regulation G approximately six times a 

year for a total of 43,176 responses 

annually. We estimated that it takes 

approximately 0.5 hours per response 

(0.5 hours per response x 43,176 

responses) for a total reporting burden 

of 21,588 hours annually. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless it displays a currently valid 

control number. 

Public comment instructions: The 

public may view and comment on this 

information collection request at: 

https://www.reginfo.gov/public/do/ 

PRAViewICR?ref_nbr=202412-3235-021 

or send an email comment to 

MBX.OMB.OIRA.SEC_desk_officer@

omb.eop.gov within 30 days of the day 

after publication of this notice by 

January 27, 2025. 

Dated: December 19, 2024. 

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2024–30767 Filed 12–23–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101965; File No. SR– 

NASDAQ–2024–059] 

Self-Regulatory Organizations; The 

Nasdaq Stock Market LLC; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To Modify the Package of 

Complimentary Services Provided to 

Certain Eligible Switches and To 

Modify the Definition of an Eligible 

Switch 

December 18, 2024. 

On October 17, 2024, The Nasdaq 

Stock Market LLC (‘‘Nasdaq’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission (‘‘SEC’’ or 

‘‘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 

modify the package of complimentary 

services provided to certain Eligible 

Switches and to modify the definition of 

an Eligible Switch. The proposed rule 

change was published for comment in 

the Federal Register on November 5, 

2024.3

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 will 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 December 20, 

2024. The Commission is extending this 

45-day time period. 

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 February 3, 2025, 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–2024–059). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2024–30685 Filed 12–23–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[SEC File No. 270–336, OMB Control No. 

3235–0379] 

Submission for OMB Review; 

Comment Request; Extension: Form 

F–X 

Upon Written Request Copies Available 

From: Securities and Exchange 

Commission, Office of FOIA Services, 

100 F Street, NE, Washington, DC 

20549–2736. 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.), the Securities 


ddrumheller on DSK120RN23PROD with NOTICES1