Federal Register / Vol. 90, No. 5 / Wednesday, January 8, 2025 / Notices 1585 

373See SIFMA and SIFMA AMG Letter, at 2. The 

commenter suggested that the Commission ‘‘allow[ ] 

FINRA to consent to additional time for 

Commission consideration of the SLATE proposal 

under Section 19(b)(2)(B)(ii) of the Exchange Act.’’ 

SIFMA and SIFMA AMG Letter, at 2. 

374See, e.g., ISLA Americas Letter 1, at 13–14, 17; 

ISLA Americas Letter 2, at 4, 8; FIF Letter, at 3– 

4. See also FIF Letter, at 6, 8. FINRA has included 

on its website additional information regarding 

SLATE, including the Participation Specification 

for Securities Lending and Transparency Engine 

(SLATETM). See Securities Lending and 

Transparency Engine, FINRA (last visited December 

19, 2024), https://www.finra.org/filing-reporting/ 

slate. Some commenters stated that reporting the 

data elements in proposed Rule 6530(a)(2)(I) and (J) 

will not always enable Covered Persons to provide 

a complete depiction of the specific fee arrangement 

used for certain reported covered securities loans 

within the limited space of the SLATE field for the 

rebate rate or lending fee. See SIFMA and SIFMA 

AMG Letter, at 4–5; ISLA Americas Letter 2, 6–7. 

The structuring of particular data fields within a 

SLATE report is discussed in the SLATE Participant 

Reporting Specifications, which were not filed or 

required to be filed with the Commission as part of 

the Proposal. 

375See FINRA Letter, at 11–12. 

376 15 U.S.C. 78s(b)(6). 

377 15 U.S.C. 78s(b)(5) (providing that the 

Commission ‘‘shall consult with and consider the 

views of the Secretary of the Treasury prior to 

approving a proposed rule filed by a registered 

securities association that primarily concerns 

conduct related to transactions in government 

securities, except where the Commission 

determines that an emergency exists requiring 

expeditious or summary action and publishes its 

reasons therefor’’). 

378 15 U.S.C. 78s(b)(2). 

379 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f). 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 will institute proceedings to determine 

whether the proposed rule change should be 

approved or disapproved. 

5Copies 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. 

compliance date(s) set forth in the rule. 

Accordingly, the challenge to Rule 10c– 

1a does not change the compliance 

date(s) set forth therein or the need for 

affected parties to comply with Rule 

10c–1a. 

Another commenter stated that the 

Commission should work with FINRA 

to afford FINRA an appropriate amount 

of additional time to address the 

feedback FINRA may receive on Partial 

Amendment No. 1, such as by allowing 

FINRA to consent to additional time for 

Commission consideration of the 

Proposal.373 As discussed above, in 

Parts I and III.J.1, January 2, 2025, is the 

date by which the Commission shall 

either approve or disapprove the 

Proposal and is the compliance date 

under Rule 10c–1a for the Proposal to be 

effective. The commenter’s suggestion to 

allow additional time for the Proposal to 

be considered would extend 

consideration of the Proposal beyond, 

and therefore would be inconsistent 

with, the Rule 10c–1a compliance date 

for the Proposal to be effective. 

K. Issues Outside the Scope of the

Proposal

The Commission received comments 

on the Draft SLATE Participant 

Reporting Specifications.374 The SLATE 

Participant Reporting Specifications 

were not filed or required to be filed 

with the Commission as part of the 

Proposal. These issues are outside the 

scope of the Proposal, which, as 

discussed above in Parts III.A through 

III.J, is consistent with Section 15A(b)(6)

of the Exchange Act. FINRA responded

to comments regarding the Technical

Specifications for SLATE Reporting in

the FINRA Letter.375

L. Consultation With the Treasury

Department

Pursuant to Section 19(b)(6) of the 

Act,376 the Commission has considered 

the sufficiency and appropriateness of 

existing laws and rules applicable to 

government securities brokers, 

government securities dealers, and their 

associated persons in approving the 

proposed rule change. Pursuant to 

Section 19(b)(5) of the Act,377 the 

Commission consulted with and 

considered the views of the Treasury 

Department in determining whether to 

approve the proposed rule change. The 

Treasury Department did not object to 

the proposed rule change. 

IV. Conclusion

It is therefore ordered, pursuant to

Section 19(b)(2) of the Act,378 that the 

proposed rule change (SR–FINRA– 

2024–007), as modified by Partial 

Amendment No. 1, be, and hereby is, 

approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.379

J. Matthew DeLesDernier,

Deputy Secretary. 

[FR Doc. 2025–00179 Filed 1–7–25; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–102080; File No. SR–Phlx– 

2024–75] 

Self-Regulatory Organizations; Nasdaq 

PHLX LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend the Definitions 

of ‘‘Class’’ and ‘‘Series’’ To Harmonize 

Terms With Affiliated Exchanges 

January 2, 2025. 

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 December 

20, 2024, Nasdaq PHLX LLC 

(‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Item I below, 

which Item has been substantially 

prepared by the Exchange. The 

Exchange has designated this proposal 

for immediate effectiveness pursuant to 

Section 19(b)(3)(A) of the Act 3 and Rule 

19b–4(f) thereunder.4 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 

Options 1, Section 1, Applicability, 

Definitions and References, to amend 

the definitions of ‘‘class’’ and ‘‘series.’’ 

The proposed rule change, including 

the Exchange’s statement of the purpose 

of, and statutory basis for, the proposed 

rule change, is available on the 

Exchange’s website at https://

listingcenter.nasdaq.com/rulebook/ 

phlx/rulefilings and on the 

Commission’s website at https://

www.sec.gov/rules-regulations/selfregulatory-organization-rulemaking/ 

national-securities-exchanges?file_

number=SR-Phlx-2024-75. 

II. 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.5

Comments may be submitted 

electronically by using the 

Commission’s internet comment form 

(https://www.sec.gov/rules-regulations/ 

self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-Phlx-2024- 

75) or by sending an email to ruleVerDate Sep<11>2014 17:50 Jan 07, 2025 Jkt 265001 PO 00000 Frm 00152 Fmt 4703 Sfmt 4703 E:\FR\FM\08JAN1.SGM 08JAN1

lotter on DSK11XQN23PROD with NOTICES1
1586 Federal Register / Vol. 90, No. 5 / Wednesday, January 8, 2025 / Notices 

6 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

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

4 17 CFR 240.19b–4(f). 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 will institute proceedings to determine 

whether the proposed rule change should be 

approved or disapproved. 

5See IEX Rule 1.160(s). 

6 15 U.S.C. 78s(b)(3)(A)(ii). 

7Copies 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. 8 17 CFR 200.30–3(a)(12). 

comments@sec.gov. Please include file 

number SR–Phlx–2024–75 on the 

subject line. Alternatively, paper 

comments may be sent to Secretary, 

Securities and Exchange Commission, 

100 F Street NE, Washington, DC 

20549–1090. All submissions should 

refer to file number SR–Phlx–2024–75. 

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-regulations/ 

self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-Phlx-2024- 

75). 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–Phlx–2024–75 and 

should be submitted on or before 

January 29, 2025. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2025–00173 Filed 1–7–25; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–102086; File No. SR–IEX– 

2024–30] 

Self-Regulatory Organizations; 

Investors Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

a Proposed Rule Change To Amend 

the Transaction Pricing Schedule for 

Securities Priced Below $1.00 

January 2, 2025. 

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 December 

20, 2024, Investors Exchange LLC 

(‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Item I below, 

which Item has been substantially 

prepared by the Exchange. The 

Exchange has designated this proposal 

for immediate effectiveness pursuant to 

Section 19(b)(3)(A) of the Act 3 and Rule 

19b–4(f) thereunder.4 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 the 

fees and rebates applicable to Members 5

(the ‘‘Fee Schedule’’), pursuant to IEX 

Rule 15.110(a) and (c) to (i) provide a 

rebate of 0.15% of the total dollar value 

of an execution in a security priced 

below $1.00 to an order that provides 

displayed liquidity, and (ii) increase the 

fee from 0.09% of the total dollar value 

of the execution to 0.15% of the total 

dollar value of the execution in a 

security priced below $1.00 to an order 

that removes displayed liquidity. No 

other fee changes are proposed. Changes 

to the Fee Schedule pursuant to this 

proposal are effective upon filing,6 and 

will be operative on January 1, 2025. 

The proposed rule change, including 

the Exchange’s statement of the purpose 

of, and statutory basis for, the proposed 

rule change, is available on the 

Exchange’s website at https://

www.iexexchange.io/resources/ 

regulation/rule-filings and on the 

Commission’s website at https://

www.sec.gov/rules-regulations/selfregulatory-organization-rulemaking/ 

national-securities-exchanges?file_

number=SR-IEX-2024-30. 

II. 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.7

Comments may be submitted 

electronically by using the 

Commission’s internet comment form 

(https://www.sec.gov/rules-regulations/ 

self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-IEX-2024- 

30) or by sending an email to rulecomments@sec.gov. Please include file 

number SR–IEX–2024–30 on the subject 

line. Alternatively, paper comments 

may be sent to Secretary, Securities and 

Exchange Commission, 100 F Street NE, 

Washington, DC 20549–1090. All 

submissions should refer to file number 

SR–IEX–2024–30. 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-regulations/self-regulatoryorganization-rulemaking/nationalsecurities-exchanges?file_number=SRIEX-2024-30). 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–IEX–2024–30 and should be 

submitted on or before January 29, 2025. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

J. Matthew DeLesDernier, 

Deputy Secretary. 

[FR Doc. 2025–00177 Filed 1–7–25; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20946 and #20947; 

OREGON Disaster Number OR–20006] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of Oregon 

AGENCY: Small Business Administration. 

ACTION: Notice. 

SUMMARY: This is a Notice of the 

Presidential declaration of a major 

disaster for Public Assistance Only for 

the State of Oregon (FEMA–4854–DR), 

dated January 1, 2025. 

Incident: Wildfires. 

DATES: Issued on January 1, 2025. 

Incident Period: July 10, 2024 through 

August 23, 2024. 

Physical Loan Application Deadline 

Date: March 3, 2025. 


lotter on DSK11XQN23PROD with NOTICES1