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[Federal Register Volume 90, Number 25 (Friday, February 7, 2025)]
[Notices]
[Pages 9176-9177]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-02329]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-102324; File No. SR-NYSE-2024-35]

Self-Regulatory Organizations; New York Stock Exchange LLC; 
Notice of Withdrawal of a Proposed Rule Change To Amend Section 302.00 
of the NYSE Listed Company Manual To Exempt Closed-End Funds Registered 
Under the Investment Company Act of 1940 From the Requirement To Hold 
Annual Shareholder Meetings

February 3, 2025.
    On June 21, 2024, New York Stock Exchange LLC (``NYSE'') filed with 
the Securities and Exchange Commission (``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

[[Page 9177]]

amend Section 302.00 of the NYSE Listed Company Manual to exempt 
closed-end funds registered under the Investment Company Act of 1940 
from the requirement to hold annual shareholder meetings. The proposed 
rule change was published for comment in the Federal Register on July 
9, 2024.\3\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 100460 (July 3, 
2024), 89 FR 56447. Comments on the proposed rule change are 
available at: https://www.sec.gov/comments/sr-nyse-2024-35/srnyse202435.htm.
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    On August 21, 2024, pursuant to Section 19(b)(2) of the Act,\4\ the 
Commission designated a longer period within which to approve the 
proposed rule change, disapprove the proposed rule change, or institute 
proceedings to determine whether to disapprove the proposed rule 
change.\5\ On October 4, 2024, the Commission instituted proceedings 
under Section 19(b)(2)(B) of the Act \6\ to determine whether to 
approve or disapprove the proposed rule change.\7\ On December 18, 
2024, the Commission extended the period for consideration of the 
proposed rule change to March 6, 2025.\8\
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    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 100790, 89 FR 68676 
(Aug. 27, 2024). The Commission designated October 7, 2024, as the 
date by which the Commission shall approve or disapprove, or 
institute proceedings to determine whether to disapprove, the 
proposed rule change.
    \6\ 15 U.S.C. 78s(b)(2)(B).
    \7\ See Securities Exchange Act Release No. 101257, 89 FR 82277 
(Oct. 10, 2024).
    \8\ See Securities Exchange Act Release No. 101968, 89 FR 105143 
(Dec. 26, 2024).
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    On January 31, 2025, NYSE withdrew the proposed rule change (SR-
NYSE-2024-35).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\9\
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    \9\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-02329 Filed 2-6-25; 8:45 am]
BILLING CODE 8011-01-P
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