Federal Register #SR24X202611

SEC Notice of Proposed Rule Change by 24X National Exchange LLC

This notice from the Securities and Exchange Commission (SEC) announces a proposed rule change by 24X National Exchange LLC. - No procurement of products or services is involved - The rule change amends 24X Rules 2.11, 1.5(kk), 11.6(p), and 4.5(qq) - Clarifies that Exchange routing services are available to any Trading Center, not just other securities exchanges - Updates cross-references to definitions of Trading Center and NMS Stocks to align with recent regulatory changes - Aims to reduce confusion, ensure fair access, and align terminology with current standards - No OEMs, vendors, part numbers, or purchase quantities are mentioned - The notice is part of the SEC's regulatory process and is open for public comment

Relevant government offices: - Securities and Exchange Commission, Washington, DC - Department of State, Office of Language Services, Washington, DC

Description

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by 24X National Exchange LLC. The rule change involves amendments to Rules 2.11, 1.5(kk), 11.6(p), and 4.5(qq) to clarify terminology and update cross references to the Act's definitions. The amendments clarify that the Exchange's routing services are available for routing orders to any Trading Center, not just other securities exchanges, and update references to the definitions of Trading Center and NMS Stocks. The rule change is effective immediately upon filing and is intended to reduce confusion and align with current regulatory standards.

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