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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Pages 9175-9176]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-02332]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-102322; File No. SR-LTSE-2025-01]

Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; 
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To 
Amend the Fee Schedule To Establish Section C and Adopt Connectivity 
Fees for Cross-Connects at the Primary, Disaster Recovery and Test 
Environment Facilities

February 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 January 23, 2025, Long-Term Stock Exchange, Inc. (``LTSE'' or 
``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.
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    \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.
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The Exchange is filing with the Securities and Exchange Commission 
(``Commission'') a proposed rule change to amend the LTSE Fee Schedule 
(the ``Fee Schedule'') to establish Section C and adopt Connectivity 
Fees for Cross-Connects at the Primary, Disaster Recovery and Test 
Environment facilities. The Exchange also proposes to adopt 
Connectivity Fees for Logical Connectivity (all environments), 
effective January 23, 2025.\5\
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    \5\ LTSE's fee schedule was adopted in SR-LTSE-2024-06. See 
Securities Exchange Act Release No. 34-101226 (October 1, 2024), 89 
FR 81587 (October 8, 2024) (SR-LTSE-2024-06). LTSE initially 
proposed to adopt Section C and establish Connectivity Fees in LTSE-
2024-07. See Securities Exchange Act Release No. 34-101320 (October 
11, 2024), 89 FR 83731 (October 17, 2024) (SR-LTSE-2024-07). On 
November 27, 2024, the Exchange withdrew LTSE-2024-07 and replaced 
with a revised proposal (SR-LTSE-2024-09). See Securities Exchange 
Act Release No. 34-101851 (December 9, 2024), 89 FR 101057 (December 
13, 2024) (SR-LTSE-2024-09). On January 23, 2025, the Exchange 
withdrew LTSE-2024-09. This proposal replaces LTSE-2024-09.
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    The text of the proposed rule change is available at the Exchange's 
website at https://ltse.com/regulation/rule-filings, at the principal 
office of the Exchange, and at the Commission's Public Reference Room.
    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://ltse.com/regulation/rule-filings, and on the Commission's website at https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01.

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

[[Page 9176]]

(https://www.sec.gov/rules-regulations/self-regulatory-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01) 
or by sending an email to [email protected]. Please include file 
number SR-LTSE-2025-01 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-2025-01. 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-organization-rulemaking/national-securities-exchanges?file_number=SR-LTSE-2025-01). 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-2025-01 
and should be submitted on or before February 28, 2025.
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    \6\ 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 SRO.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-02332 Filed 2-6-25; 8:45 am]
BILLING CODE 8011-01-P
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