On December 18, 2019, BOX Exchange LLC (the “Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”) []
and Rule 19b-4 thereunder,[]
a proposed rule change in connection with the proposed commencement of operations of Boston Security Token Exchange LLC (“BSTX”) as a facility of the Exchange. The proposed rule change was published for comment in the
Federal Register
on January 3, 2020.[]
On February 13, 2020, pursuant to Section 19(b)(2) of the Act,[]
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 approve or disapprove the proposed rule change.[]
On April 1, 2020, the Commission instituted proceedings to determine whether to approve or disapprove the proposed rule change.[]
On May 12, 2020, the Exchange withdrew the proposed rule change (SR-BOX-2019-37).
June 4, 2020.
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.[]
J. Matthew DeLesDernier,
Assistant Secretary.