Federal Register / Vol. 90, No. 6 / Friday, January 10, 2025 / Notices 2053 

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 

SRO. 

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. 

5An ‘‘Industry Member’’ is defined as ‘‘a member 

of a national securities exchange or a member of a 

national securities association.’’ See NYSE Arca 

Rule 11.6810(u). See also Section 1.1 of the CAT 

NMS Plan. Unless otherwise specified, capitalized 

terms used in this rule filing are defined as set forth 

in the CAT NMS Plan and/or the CAT Compliance 

Rule. See NYSE Arca Rule 11.6810. 6Copies 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 

SRO. 

filings and on the Commission’s website 

at https://www.sec.gov/rulesregulations/self-regulatory-organizationrulemaking/national-securitiesexchanges?file_number=SR-MIAX-2024- 

48. 

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-MIAX-2024- 

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

number SR–MIAX–2024–48 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–MIAX–2024–48.

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-MIAX-2024-

48). 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–MIAX–2024–48 and

should be submitted on or before

January 31, 2025.

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

J. Matthew DeLesDernier,

Deputy Secretary. 

[FR Doc. 2025–00300 Filed 1–8–25; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–102112; File No. SR– 

NYSEARCA–2024–115] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Establish Fees for 

Industry Members Related to 

Reasonably Budgeted CAT Costs of 

the National Market System Plan 

Governing the Consolidated Audit Trail 

for 2025 

January 3, 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, NYSE Arca, Inc. (‘‘NYSE 

Arca’’ or the ‘‘Exchange’’) filed with the 

Securities and Exchange Commission 

(the ‘‘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 

NYSE Arca Equities Fees and Charges 

(‘‘Equities Fee Schedule’’) and the NYSE 

Arca Options Fees and Charges 

(‘‘Options Fee Schedule’’) to establish 

fees for Industry Members 5 related to 

reasonably budgeted CAT costs of the 

National Market System Plan Governing 

the Consolidated Audit Trail (the ‘‘CAT 

NMS Plan’’ or ‘‘Plan’’) for 2025. These 

fees would be payable to Consolidated 

Audit Trail, LLC (‘‘CAT LLC’’ or the 

‘‘Company’’) and referred to as CAT Fee 

2025–1, and would be described in a 

section of the Exchange’s fee schedule 

entitled ‘‘Consolidated Audit Trail 

Funding Fees.’’ The fee rate for CAT Fee 

2025–1 would be $0.000022 per 

executed equivalent share. CAT 

Executing Brokers will receive their first 

monthly invoice for CAT Fee 2025–1 in 

February 2025 calculated based on their 

transactions as CAT Executing Brokers 

for the Buyer (‘‘CEBB’’) and/or CAT 

Executing Brokers for the Seller 

(‘‘CEBS’’) in January 2025. CAT Fee 

2025–1 is anticipated to be in place for 

six months, and is anticipated to recover 

approximately one-half of the costs set 

forth in the reasonably budgeted CAT 

costs for 2025. CAT LLC intends for 

CAT Fee 2025–1 to replace CAT Fee 

2024–1 (which has a fee rate of 

$0.000035). The text of the proposed 

rule change is provided in Exhibit 5. 

The proposed rule change, including 

the Exchange’s statement of the purpose 

of, and statutory basis for, the proposed 

rule change, is available at the principal 

office of the Exchange, and on the 

Commission’s website at https://

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

national-securities-exchanges?file_

number=SR-NYSEARCA-2024-115. 

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.6

Comments may be submitted 

electronically by using the 

Commission’s internet comment form 

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

self-regulatory-organizationrulemaking/national-securitiesVerDate Sep<11>2014 17:28 Jan 08, 2025 Jkt 265001 PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 E:\FR\FM\10JAN1.SGM 10JAN1

khammond on DSK9W7S144PROD with NOTICES
2054 Federal Register / Vol. 90, No. 6 / Friday, January 10, 2025 / Notices 

7 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. 34– 

101584 (November 12, 2024), 89 FR 90782 

(November 18, 2024) (SR–LTSE–2024–08). The 

Exchange withdrew SR–LTSE–2024–08 and 

replaced it with this filing, SR–LTSE–2024–12. 

4See Securities Exchange Act Release No. 34– 

101226 (October 1, 2024), 89 FR 81587 (October 08, 

2024) (SR–LTSE–2024–06). See also Securities 

Exchange Act Release No. 100783 (August 20, 

2024), 89 FR 68481 (August 26, 2024) (SR–LTSE– 

2024–03) (Order Approving a Proposed Rule 

Change to Transition to a New Trading Platform 

and Amend its Trading Rules). 

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 

SRO. 

6 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

exchanges?file_number=SRNYSEARCA-2024-115) or by sending an 

email to rule-comments@sec.gov. Please 

include file number SR–NYSEARCA– 

2024–115 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–NYSEARCA–2024–115. 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=SRNYSEARCA-2024-115). 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–NYSEARCA–2024–115 and 

should be submitted on or before 

January 31, 2025. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

J. Matthew DeLesDernier,

Deputy Secretary. 

[FR Doc. 2025–00292 Filed 1–8–25; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–102097; File No. SR–LTSE– 

2024–12] 

Self-Regulatory Organizations; LongTerm Stock Exchange, Inc.; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend the 

Fee Schedule To Adopt Certain Market 

Data Fees 

January 3, 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, the Long-Term Stock 

Exchange, Inc. (‘‘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 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 with the 

Commission a proposed rule change to 

amend the LTSE Fee Schedule (‘‘Fee 

Schedule’’) to adopt certain market data 

fees effective November 1, 2024.3 The 

Exchange notes that it submitted a 

separate filing with the Commission 

pursuant to Section 19(b)(3)(A) of the 

Act to establish the Fee Schedule and 

adopt transaction fees upon 

commencement of its transition to a 

new trading platform on September 23, 

2024.4

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://longterm

stockexchange.com/, and on the 

Commission’s website at https://

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

national-securities-exchanges?file_

number=SR-LTSE-2024-12. 

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-LTSE-2024- 

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

number SR–LTSE–2024–12 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–LTSE–2024–12.

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-LTSE-2024-

12). 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–LTSE–2024–12 and

should be submitted on or before

January 31, 2025.

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

J. Matthew DeLesDernier,

Deputy Secretary. 

[FR Doc. 2025–00298 Filed 1–8–25; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–102110; File No. SR– 

NYSENAT–2024–34] 

Self-Regulatory Organizations; NYSE 

National, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Establish Fees for 

Industry Members Related to 

Reasonably Budgeted CAT Costs of 

the National Market System Plan 

Governing the Consolidated Audit Trail 

for 2025 

January 3, 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, NYSE National, Inc. (‘‘NYSE 

National’’ or the ‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Item I below, which Item has been 


khammond on DSK9W7S144PROD with NOTICES