Document ID: SEC-2023-1039-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Miami International Securities Exchange, LLC
Posted Date: 2023-09-21T04:00Z

[Federal Register Volume 88, Number 182 (Thursday, September 21, 2023)]
[Notices]
[Page 65210]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-20428]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-98410; File No. SR-MIAX-2023-22]

Self-Regulatory Organizations; Miami International Securities 
Exchange, LLC; Notice of Withdrawal of a Proposed Rule Change To Amend 
Exchange Rule 404, Series of Option Contracts Open for Trading, To 
Implement a Low Priced Stock Strike Price Interval Program

September 15, 2023.
    On June 5, 2023, Miami International Securities Exchange, LLC 
(``MIAX'' or ``Exchange'') 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 amend Exchange Rule 404, 
Series of Option Contracts Open for Trading. Specifically, the Exchange 
proposed to adopt Interpretations and Policies .12 to Rule 404 to 
implement a new strike interval program for stocks that are priced less 
than $2.50 and have open interest equal to or greater than 1,000 
contracts. The proposed rule change was published for comment in the 
Federal Register on June 22, 2023.\3\ On August 4, 2023, 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 September 14, 2023, the 
Exchange withdrew the proposed rule change (MIAX-2023-22).
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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. 97733 (June 15, 
2023), 88 FR 40887. Comments on the proposed rule change are 
available at: https://www.sec.gov/comments/sr-miax-2023-22/srmiax202322.htm.
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 98058, 88 FR 54361 
(August 10, 2023). The Commission designated September 20, 2023 as 
the date by which the Commission shall approve or disapprove, or 
institute proceedings to determine whether to disapprove, the 
proposed rule change.
    \6\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2023-20428 Filed 9-20-23; 8:45 am]
BILLING CODE 8011-01-P