90 FR 99 pgs. 22128-22130 - Consolidated Tape Association; Notice of Filing and Immediate Effectiveness of the Twenty-Eighth Amendment to the Second Restatement of the CTA Plan and Twenty-Ninth Amendment to the Restated CQ Plan
Type: NOTICEVolume: 90Number: 99Pages: 22128 - 22130
Pages: 22128, 22129, 22130Docket number: [Release No. 34-103069; File No. SR-CTA/CQ-2025-01]
FR document: [FR Doc. 2025-09260 Filed 5-22-25; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-103069; File No. SR-CTA/CQ-2025-01]
Consolidated Tape Association; Notice of Filing and Immediate Effectiveness of the Twenty-Eighth Amendment to the Second Restatement of the CTA Plan and Twenty-Ninth Amendment to the Restated CQ Plan
May 19, 2025.
[top] Pursuant to Section 11A of the Securities Exchange Act of 1934
Footnotes:
1 ?15 U.S.C. 78k-1(a)(3).
2 ?17 CFR 242.608.
3 ?The Participants are: Cboe BYX Exchange, Inc., Cboe BZX Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe Exchange, Inc., Financial Industry Regulatory Authority, Inc., Investors' Exchange LLC, Long Term Stock Exchange, Inc., MEMX LLC, MIAX PEARL, LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq PHLX, Inc., The Nasdaq Stock Market LLC, New York Stock Exchange LLC, NYSE American LLC, NYSE Arca, Inc., NYSE Chicago, Inc., and NYSE National, Inc.
4 ? See Letter from Jeff Kimsey, Chair, to Vanessa Countryman, Secretary, Commission dated May 4, 2025. In addition to the change to reflect the name change of NYSE Chicago, Inc. to NYSE Texas, Inc., the Participants also propose to make changes to reflect the past name changes of AMEX to NYSE American and of NSX to NYSE National, as well as to update the address of NYSE National.
The proposed Amendments have been filed by the Participants pursuant to Rule 608(b)(3)(ii) under Regulation NMS? 5 as concerned solely with the administration of the Plans and as "Ministerial Amendments" under both Section IV(b) of the CTA Plan and Section IV(c) of the CQ Plan. As a result, the Amendments can be submitted by the Chairman of the Plans' Operating Committee and become effective upon filing.
Footnotes:
5 ?17 CFR 241.608(b)(2).
The Commission is publishing this notice to solicit comments on the Amendments from interested persons. Set forth in Sections I and II is the statement of the purpose and summary of the Amendments, along with the information required by Rules 608(a) and 601(a) under the Act, as prepared and submitted by the Participants.
I. Rule 608(a)
1. Purpose of the Amendment
The above-captioned amendments effectuate a change to reflect the new name of NYSE Chicago, Inc.: NYSE Texas, Inc. The amendment also makes some changes to certain names of other exchanges.
2. Governing or Constituent Documents
Not applicable.
3. Implementation of Amendment
Because the amendments constitute "Ministerial Amendments" under both Section IV(b) of the CTA Plan and Section IV(c) under the CQ Plan, the Chairman of the Plan's Operating Committee may submit the amendments to the Commission on behalf of the Participants in the Plans. Because the Participants designate the amendments as concerned solely with the administration of the Plans, the amendments become effective upon filing with the Commission.
4. Development and Implementation Phases
Not applicable.
5. Analysis of Impact on Competition
The amendments do not impose any burden on competition because they simply effectuate changes in the names of Participants. For the same reasons, the Participants do not believe that the amendments introduce terms that are unreasonably discriminatory for purposes of Section 11A(c)(1)(D) of the Exchange Act.
6. Written Understanding or Agreements Relating to Interpretation of, or Participation in, Plan
Not applicable.
7. Approval by Sponsors in Accordance With Plan
See Item 3 above.
8. Description of Operation of Facility Contemplated by the Proposed Amendment
Not applicable.
9. Terms and Conditions of Access
Not applicable.
10. Method of Determination and Imposition, and Amount of, Fees and Charges
Not applicable.
11. Method and Frequency of Processor Evaluation
Not applicable.
12. Dispute Resolution
Not applicable.
II. Regulation NMS Rule 601(a)
1. Equity Securities for Which Transaction Reports Shall Be Required by the Plan
Not applicable.
2. Reporting Requirements
Not applicable.
3. Manner of Collecting, Processing, Sequencing, Making Available and Disseminating Last Sale Information
Not applicable.
4. Manner of Consolidation
Not applicable.
5. Standards and Methods Ensuring Promptness, Accuracy and Completeness of Transaction Reports
Not applicable.
6. Rules and Procedures Addressed to Fraudulent or Manipulative Dissemination
Not applicable.
7. Terms of Access to Transaction Reports
Not applicable.
8. Identification of Marketplace of Execution
Not applicable.
III. Solicitation of Comments
Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed Amendments are consistent with the Act. Comments may be submitted by any of the following methods:
Electronic Comments
• Use the Commission's internet comment form ( http://www.sec.gov/rules/sro.shtml ); or
• Send an email to rule-comments@sec.gov. Please include file number SR-CTA/CQ-2025-01 on the subject line.
Paper Comments
• Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.
[top] All submissions should refer to file number SR-CTA/CQ-2025-01. This file number should be included on the subject line if email is used. 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 ( http://www.sec.gov/rules/sro.shtml ). Copies of the submission, all subsequent amendments, and all written statements with respect to the proposed Amendments that are filed with the Commission, and all written communications relating to the proposed Amendments between the Commission and any person, other than
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. 6
Footnotes:
6 ?17 CFR 200.30-3(a)(85).
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-09260 Filed 5-22-25; 8:45 am]
BILLING CODE 8011-01-P