Opportunity
Federal Register #SR24X202621
SEC Notice: Proposed Rule Change for Board Observer Roles at 24X Bermuda Holdings LLC
Buyer
Securities and Exchange Commission
Posted
July 21, 2026
Identifier
SR24X202621
This notice concerns a proposed governance amendment, not a procurement opportunity. - Government buyer: Securities and Exchange Commission (SEC) - Subject: Proposed rule change by 24X National Exchange LLC - Amendment: Updates to the Limited Liability Agreement for 24X Bermuda Holdings LLC - Establishes Board Observer roles for Rakuten Securities Holdings, Inc. and Shinhan Securities Co., Ltd. - Details rights, responsibilities, and obligations of non-voting board observers - Observers may participate in board discussions and access materials, subject to confidentiality - Aims to clarify governance structure and ensure regulatory independence - No products or services are being procured - No OEMs or vendors are involved - No product or service line items listed
Description
This notice announces a proposed rule change filed by 24X National Exchange LLC to amend the Limited Liability Agreement for 24X Bermuda Holdings LLC. The amendment provides for Board Observer roles for Rakuten Securities Holdings, Inc. and Shinhan Securities Co., Ltd. The rule change details the rights, responsibilities, and obligations of these non-voting board observers, including participation in board discussions and access to board materials, while maintaining confidentiality and regulatory independence. The notice was published by the Securities and Exchange Commission on July 21, 2026.