13598 Federal Register / Vol. 86, No. 44 / Tuesday, March 9, 2021 / Notices 

41 15 U.S.C. 78s(b)(3)(A). 

42 17 CFR 240.19b–4(f). 

43 17 CFR 200.30–3(a)(12). 1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3The Exchange notes that this includes Complex 

AIM (‘‘C–AIM’’), as set forth in proposed footnote 

26. 

4The term ‘‘customer’’ means a Public Customer 

or a broker-dealer. The term ‘‘Public Customer’’ 

means a person that is not a broker-dealer. See Rule 

1.1. 

value traded by each dealer and a 40 

percent reduction in the technology fee 

based on the number of trades 

conducted by each dealer. In summary, 

no firm would be unduly burdened as 

compared to another firm. Nor would a 

firm engaging in both underwriting and 

trading activities be unduly burdened as 

compared to singularly focused firms, as 

the proposed rule change would provide 

for a 40 percent reduction to each of the 

market activity fees. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Board did not solicit comment on 

the proposed rule change. Therefore, 

there are no comments on the proposed 

rule change received from members, 

participants or others. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective pursuant to Section 19(b)(3)(A) 

of the Act 41 and paragraph (f) of Rule 

19b–4 42 thereunder. At any time within 

60 days of the filing of the proposed rule 

change, the Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is 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– 

MSRB–2021–02 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. 

All submissions should refer to File 

Number SR–MSRB–2021–02. 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, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549 on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the MSRB. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–MSRB–2021–02 and should 

be submitted on or before March 30, 

2021. 

For the Commission, pursuant to delegated 

authority.43

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–04793 Filed 3–8–21; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–91252; File No. SR–CBOE– 

2021–012] 

Self-Regulatory Organizations; Cboe 

Exchange, Inc.; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend Its Fees 

Schedule 

March 3, 2021. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’),1 and Rule 19b-4 thereunder,2

notice is hereby given that on February 

22, 2021, Cboe Exchange, Inc. (the 

‘‘Exchange’’ or ‘‘Cboe Options’’) filed 

with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the Exchange. 

The Commission is publishing this 

notice to solicit comments on the 

proposed rule change from interested 

persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

Cboe Exchange, Inc. (the ‘‘Exchange’’ 

or ‘‘Cboe Options’’) proposes to amend 

its Fees Schedule. The text of the 

proposed rule change is provided in 

Exhibit 5. 

The text of the proposed rule change 

is also available on the Exchange’s 

website (http://www.cboe.com/ 

AboutCBOE/ 

CBOELegalRegulatoryHome.aspx), at 

the Exchange’s Office of the Secretary, 

and at the Commission’s Public 

Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of and basis for 

the proposed rule change and discussed 

any comments it received on the 

proposed rule change. The text of these 

statements may be examined at the 

places specified in Item IV below. The 

Exchange has prepared summaries, set 

forth in sections A, B, and C below, of 

the most significant aspects of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend its 

Fees Schedule to adopt surcharges in 

connection with the Exchange’s plan to 

activate the Automated Improvement 

Mechanism (‘‘AIM’’) Auction 3 for S&P 

500 Index (‘‘SPX’’) and SPX Weekly 

(‘‘SPXW’’) options while the Exchange 

is operating in its normal hybrid 

environment, effective February 22, 

2021. 

By way of background, AIM includes 

functionality in which a Trading Permit 

Holder (‘‘TPH’’) (an ‘‘Initiating TPH’’) 

may electronically submit for execution 

an order it represents as agent on behalf 

of a customer,4 broker dealer, or any 


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5See Rule 5.37 (AIM); and Rule 5.38 (C–AIM). 

6 In March 2020, the Exchange suspended open 

outcry trading to help prevent the spread of the 

novel coronavirus and operated in an all-electronic 

configuration though June 2020. During this time, 

the Exchange activated AIM for SPX and SPXW 

options in an all-electronic environment to provide 

TPHs with a mechanism to execute crosses 

electronically, as they could no longer represent 

those crosses for open outcry execution. Footnote 

12 in the Fees Schedule provides specifically that 

in the event the Exchange operates in a screenbased only environment, AIM may be available for 

SPX and SPXW during Regular Trading Hours, and 

the Fees Schedule provides for certain SPX AIM 

Surcharges that apply only in that case. 

7See supra note 3. The Exchange notes that it 

already activates FLEX AIM for SPX/SPXW and that 

all currently applicable FLEX transaction fees and 

surcharges will continue to apply. 

8See Rule 5.37(a)(1) and 5.38(a)(1). 

9Previously only available while the trading floor 

was inoperable for a period of time during 2020. 

See supra note 6. 

10Sector Index underlying symbols: IXB, SIXC, 

IXE, IXI, IXM, IXR, IXRE, IXT, IXU, IXV AND IXY. 

Corresponding option symbols: SIXB, SIXC, SIXE, 

SIXI, SIXM, SIXR, SIXRE, SIXT, SIXU, SIXV AND 

SIXY. 

11Underlying Symbol List A: OEX, XEO, RUT, 

RLG, RLV, RUI, UKXM, SPX (includes SPXW), 

SPESG and VIX. 

12See Cboe Options Fees Schedule, ‘‘Rate Table— 

Underlying Symbol List A’’, which assesses an 

Execution Surcharge of $0.21 for all non-MarketMaker orders in SPX and SPESG and $0.13 for all 

non-Market-Maker orders in SPXW, and assesses a 

Customer Priority Surcharge of $0.20 for all 

Customer maker orders in VIX. 

13See e.g., Securities and Exchange Release Nos. 

71295 (January 14, 2014), 79 FR 3443 (January 21, 

2014) (SR–CBOE–2013–129); and 88426 (March 19, 

2020), 85 FR 16978 (March 25, 2020) (SR–CBOE– 

2020–021). 

14 15 U.S.C. 78f(b). 

other person or entity (‘‘Agency Order’’) 

against any other order it represents as 

agent, as well as against principal 

interest in AIM (an ‘‘Initiating Order’’), 

provided it submits the Agency Order 

for electronic execution into an AIM 

Auction.5 The Exchange may designate 

any class of options traded on Cboe 

Options as eligible for AIM. The 

Exchange notes that all Users, other 

than the Initiating TPH, may submit 

responses to an Auction (‘‘AIM 

Responses’’). AIM Auctions take into 

account AIM Responses to the 

applicable Auction as well as contra 

interest resting on the Cboe Options 

Book at the conclusion of the Auction 

(‘‘unrelated orders’’), regardless of 

whether such unrelated orders were 

already present on the Book when the 

Agency Order was received by the 

Exchange or were received after the 

Exchange commenced the applicable 

Auction. If contracts remain from one or 

more unrelated orders at the time the 

Auction ends, they are considered for 

participation in the AIM order 

allocation process. 

The Exchange does not currently 

activate AIM for SPX/SPXW while it 

operates in its normal hybrid trading 

environment (i.e., when the trading 

floor is operable).6 The Exchange, 

however, plans to activate AIM for SPX/ 

SPXW on February 22, 2021 for 

operation in the Exchange’s normal 

hybrid environment. In connection with 

the planned activation of AIM for SPX/ 

SPXW while the Exchange functions in 

its normal hybrid setting, the Exchange 

proposes to adopt certain surcharges 

under Rate Table—Underlying Symbol 

List A of the Fees Schedule. 

Specifically, the Exchange proposes to 

adopt an SPX AIM Hybrid Surcharge of 

$0.50 per contract for all Broker-Dealer 

(capacity ‘‘B’’), Joint Back-Office 

(capacity ‘‘J’’), Non-TPH Market-Maker 

(capacity ‘‘N’’) and Professional 

(capacity ‘‘U’’) (collectively, ‘‘NonCustomers’’), and Market-Maker 

(capacity ‘‘M’’) orders in SPX/SPXW 

options executed in AIM. The Exchange 

also proposes to adopt an SPX AIM 

Hybrid Surcharge of $0.39 per contract 

for all Clearing TPHs (capacity ‘‘F’’) and 

for Non-Clearing TPH Affiliates 

(capacity ‘‘L’’) (collectively, ‘‘Firms’’) 

orders in SPX/SPXW options executed 

in AIM. Finally, the Exchange proposes 

to adopt an SPX AIM Hybrid Originator 

Surcharge of $0.10. Proposed footnote 

26 is appended to the proposed 

surcharges and provides that the SPX 

AIM Hybrid Surcharges, including the 

Originator Surcharge, apply only to 

SPX/SPXW orders executed in AIM and 

C–AIM 7 during RTH when the 

Exchange is operating in a hybrid 

environment (i.e., the trading floor is 

operable). The SPX AIM Hybrid 

Surcharge will apply to all SPX/SPXW 

AIM Agency/Primary, Contra and 

Response orders. The SPX AIM Hybrid 

Originator Surcharge will apply to all 

SPX/SPXW Agency/Primary orders and 

such fee will be invoiced to the 

executing TPH. 

Particularly, the Exchange notes that 

it can determine AIM eligibility on a 

class-by-class basis 8 and, as stated 

above, historically has not designated 

SPX/SPXW as eligible for AIM 

Auctions. As such, the Exchange wants 

to encourage market participants to 

continue to execute SPX/SPXW volume 

in open outcry or against quotes in its 

electronic Book when AIM is switched 

on for SPX/SPXW. The Exchange 

believes the SPX AIM Hybrid 

Surcharges (including the Originator 

surcharge) will provide a reasonable 

cost incentive to market participants to 

continue to execute SPX/SPXW orders 

as they do today as well as through AIM 

when appropriate once activated. More 

specifically, the SPX AIM Hybrid 

Surcharges aim to balance incentives 

between executing via the AIM 

Auctions and executing via open outcry 

or the electronic Book, which the 

Exchange believes will maintain robust 

hybrid markets and continue to 

incentivize the provision of liquidity to 

both its electronic and trading floor 

environments in order to support price 

discovery and increased execution 

opportunities. The new functionality for 

SPX/SPXW will allow market 

participants to interact with SPX/SPXW 

order flow in a manner not previously 

available in a hybrid trading 

environment.9 Therefore, the Exchange 

believes it is appropriate to assess 

additional fees to market participants 

that choose to leverage auction 

execution opportunities outside of 

contributing to SPX/SPXW liquidity in 

open outcry and the [sic] on the 

electronic Book. Indeed, the Exchange 

currently does so in various places in 

the Fees Schedule with respect to other 

classes. For example, the Exchange 

currently assesses a higher charge for 

Non-Customer and Firm AIM Responses 

in all products, except Sector Indexes 10

and Underlying Symbol List A,11 of 

$0.50 (Penny classes) and $1.05 (NonPenny classes) than the applicable 

standard transaction rates. The 

Exchange also notes that when it is 

operating in a screen-based only 

environment, it assesses an AIM 

Agency/Primary Surcharge of $0.10, 

which, like the proposed SPX AIM 

Hybrid Originator Surcharge, applies to 

all AIM Agency/Primary orders in SPX/ 

SPXW and is invoiced to the executing 

TPH. Additionally, the Exchange notes 

that it assesses certain surcharges on 

proprietary products (i.e., SPX/SPXW, 

SPESG and VIX) 12 to similarly create a 

reasonable cost equivalence between the 

primary execution channels (open 

outcry and electronic book) for such 

products and likewise maintain a robust 

hybrid system.13 Overall, the proposed 

fees are designed to balance fees at an 

appropriate level in order to assess SPX/ 

SPXW order flow to the AIM Auctions 

while also maintaining incentive for 

participation and the provision of 

liquidity in SPX/SPXW on the trading 

floor and in the electronic book when 

AIM is activated for SPX/SPXW. 

2. Statutory Basis 

The Exchange believes the proposed 

rule change is consistent with the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) and the rules and regulations 

thereunder applicable to the Exchange 

and, in particular, the requirements of 

Section 6(b) of the Act.14 Specifically, 

the Exchange believes the proposed rule 

change is consistent with the Section 


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13600 Federal Register / Vol. 86, No. 44 / Tuesday, March 9, 2021 / Notices 

15 15 U.S.C. 78f(b)(5). 

16 15 U.S.C. 78f(b)(4). 

17Previously only available while the trading 

floor was inoperable for a period of time during 

2020. See supra note 6. 

18See supra note 12. 

19See supra note 13. 

20See e.g., Cboe Options Fees Schedule, ‘‘Rate 

Table—Underlying Symbol List A’’, which 

generally assesses lower rates for Firm transactions 

in SPX/SPXW ($0.26 per contract) than for MarketMakers ($0.28) or Non-Customers ($0.42) in SPX/ 

SPXW. 

21See id. 

6(b)(5) 15 requirements that the rules of 

an exchange be designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to foster cooperation 

and coordination with persons engaged 

in regulating, clearing, settling, 

processing information with respect to, 

and facilitating transactions in 

securities, to remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system, and, in general, to protect 

investors and the public interest. 

Additionally, the Exchange believes the 

proposed rule change is consistent with 

Section 6(b)(4) of the Act,16 which 

requires that Exchange rules provide for 

the equitable allocation of reasonable 

dues, fees, and other charges among its 

Trading Permit Holders and other 

persons using its facilities. 

Particularly, the Exchange believes 

the proposed rule change to adopt AIM 

Hybrid Surcharges (including an 

Originator Surcharge) is reasonable 

because the proposed surcharges are 

reasonably designed to ensure that there 

is appropriate cost incentive to market 

participants to continue to execute 

through the Exchange’s primary 

execution channels for SPX/SPXW once 

AIM is activated for SPX/SPXW. The 

Exchange believes that the proposed 

SPX AIM Hybrid Surcharges reasonably 

balance cost incentives between 

executing via the AIM Auctions and 

executing via open outcry or against 

quotes in the electronic Book, which is 

in the interest of the Exchange as it must 

both maintain robust hybrid markets, 

incentivizing liquidity to both its 

electronic and trading floor 

environments in order support price 

discovery and increased execution 

opportunities. The planned activation of 

this functionality for SPX/SPXW will 

allow market participants to interact 

with SPX/SPXW order flow in a manner 

not previously available,17 and, as a 

result, the Exchange believes it is 

reasonable to assess additional fees for 

market participants that choose to 

leverage auction execution 

opportunities outside of contributing to 

SPX/SPXW liquidity in open outcry and 

the on the electronic Book. 

The Exchange also believes that the 

proposed fees in connection with SPX 

AIM orders are reasonable as they do 

not represent a significant departure 

from the fees currently offered under the 

Fees Schedule. The Exchange believes 

that the proposed SPX AIM Hybrid 

Surcharges of $0.50 per contract for all 

Non-Customer and Market-Maker and 

$0.39 per contract for all Firm orders 

executed in AIM (Agency/Primary, 

Contra and Response) are reasonable 

because these surcharges are, 

respectively, comparable to or less than 

the $0.50 and $1.05 rates per contract, 

which are generally higher than the 

applicable standard transaction rates, 

currently assessed for certain AIM 

orders submitted in all products (with 

certain exceptions). The Exchange 

believes that the proposed SPX AIM 

Hybrid Originator Surcharge is 

reasonable as it is equivalent to the AIM 

Agency/Primary Surcharge of $0.10 that 

is assessed when the Exchange is 

operating in an screen-based only 

environment and likewise applies to all 

AIM Agency/Primary orders in SPX/ 

SPXW and is invoiced to the executing 

TPH. The Exchange again notes that it 

assesses certain surcharges on 

proprietary products (i.e., SPX/SPXW, 

SPESG and VIX) 18 in order to similarly 

create a reasonable cost equivalence 

between its primary execution channels 

(open outcry and electronic book) for 

such products as the Exchange seeks to 

maintain a robust hybrid system.19

Overall, the Exchange believes the 

proposed fees are reasonably designed 

to balance fees at an appropriate level in 

order to assess SPX/SPXW order flow to 

AIM Auctions while also maintaining 

incentive for participation in SPX/ 

SPXW on the trading floor and in the 

electronic book, thereby supporting 

incentive for continued liquidity in 

SPX/SPXW through the Exchange’s 

primary execution channels while AIM 

is activated for SPX/SPXW, to the 

benefit of all market participants. 

The Exchange believes that the 

proposed SPX AIM Hybrid Surcharges 

(including the Originator Surcharge) are 

equitable and not unfairly 

discriminatory because the proposed 

SPX AIM Hybrid Surcharges will apply 

equally to all similarly situated TPHs 

that submit orders in SPX/SPXW into 

AIM. That is, the proposed fees will 

apply equally to all Non-Customer and 

Market-Maker orders in SPX/SPXW 

executed in AIM, to all Firm orders in 

SPX/SPXW executed in AIM, and to all 

executing TPHs that submit AIM 

Agency/Primary orders in SPX/SPXW. 

The Exchange believes that it is 

equitable and not unfairly 

discriminatory to provide lower SPX 

AIM Hybrid rates for Firms because the 

Exchange believes that Firm 

participation in the markets is essential 

to a robust hybrid market ecosystem as 

Firms facilitate the execution of 

customer orders, as well as provide 

clearing services, both electronically 

and in open outcry. The Exchange 

recognizes Firms as an important source 

of liquidity when they facilitate their 

own customers’ trading activity, which 

enhances transparency and price 

discovery to the benefit of all market 

participants, and, as a result, currently 

assesses a lower rate to Firms in various 

places under the Fees Schedule, 

including for transactions in SPX/ 

SPXW.20

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on intramarket or 

intermarket competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. 

The Exchange does not believe the 

proposed SPX AIM Hybrid Surcharges 

(including the Originator Surcharge) 

will impose any burden on intramarket 

competition because they will apply 

equally to all similarly situated TPHs 

that submit orders in SPX/SPXW into 

AIM. That is, the proposed fees will 

apply equally to all Non-Customer and 

Market-Maker orders in SPX/SPXW 

submitted to AIM, to all Firm orders in 

SPX/SPXW submitted to AIM, and to all 

executing TPHs that submit AIM 

Agency/Primary orders in SPX/SPXW. 

The Exchange does not believe that 

providing lower SPX AIM Hybrid rates 

for Firms will impose any significant 

burden on intramarket competition that 

is not necessary or appropriate in 

furtherance of the purposes of the Act 

because the Exchange recognizes that 

Firm participation in the markets is 

essential to a robust hybrid market 

ecosystem as Firms facilitate the 

execution of customer orders, as well as 

provide clearing services, both in open 

outcry and electronically. As a result, 

the Exchange currently assesses a lower 

rate to Firms in various places under the 

Fees Schedule, including for 

transactions in SPX/SPXW.21 The 

Exchange believes that Firms can be an 

important source of liquidity when they 

facilitate their own customers’ trading 

activity, which enhances transparency 

and price discovery to the benefit of all 

market participants. The Exchange again 

notes that the proposed SPX AIM 


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22 15 U.S.C. 78s(b)(3)(A). 

23 17 CFR 240.19b–4(f). 24 17 CFR 200.30–3(a)(12). 

Hybrid Surcharge comparable to or less 

than rates currently assessed for certain 

AIM orders submitted in all products 

(with certain exceptions) and the 

proposed SPX AIM Hybrid Originator 

Surcharge is equivalent to the existing 

AIM Agency/Primary Surcharge which 

likewise applies to AIM Agency/ 

Primary orders in SPX/SPXW (when the 

Exchange is operating in an screenbased only environment). 

The Exchange does not believe that 

the proposed rule change in connection 

with SPX AIM Hybrid Surcharges will 

impose any burden on intermarket 

competition that is not necessary or 

appropriate in furtherance of the 

purposes of the Act because the propose 

surcharges apply only to an Exchange 

proprietary product, which is traded 

exclusively on Cboe Options, and for 

orders executed in an auction on the 

Exchange. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange neither solicited nor 

received comments on the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective pursuant to Section 19(b)(3)(A) 

of the Act 22 and paragraph (f) of Rule 

19b–4 23 thereunder. At any time within 

60 days of the filing of the proposed rule 

change, the Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. If the 

Commission takes such action, the 

Commission will institute proceedings 

to determine whether the proposed rule 

change should be approved or 

disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is 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– 

CBOE–2021–012 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. 

All submissions should refer to File 

Number SR–CBOE–2021–012. 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, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549, on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–CBOE–2021–012 and 

should be submitted on or before March 

30, 2021. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.24

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–04791 Filed 3–8–21; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

Reporting and Recordkeeping 

Requirements Under OMB Review 

AGENCY: Small Business Administration. 

ACTION: 30-day Notice. 

SUMMARY: The Small Business 

Administration (SBA) is seeking 

approval from the Office of Management 

and Budget (OMB) for the information 

collection described below. In 

accordance with the Paperwork 

Reduction Act and OMB procedures, 

SBA is publishing this notice to allow 

all interested member of the public an 

additional 30 days to provide comments 

on the proposed collection of 

information. 

DATES: Submit comments on or before 

April 8, 2021. 

ADDRESSES: Written comments and 

recommendations for this information 

collection request should be sent within 

30 days of publication of this notice to 

www.reginfo.gov/public/do/PRAMain. 

Find this particular information 

collection request by selecting ‘‘Small 

Business Administration’’; ‘‘Currently 

Under Review,’’ then select the ‘‘Only 

Show ICR for Public Comment’’ 

checkbox. This information collection 

can be identified by title and/or OMB 

Control Number. 

FOR FURTHER INFORMATION CONTACT: You 

may obtain a copy of the information 

collection and supporting documents 

from the Agency Clearance Office at 

Curtis.Rich@sba.gov; (202) 205–7030, or 

from www.reginfo.gov/public/do/ 

PRAMain. 

SUPPLEMENTARY INFORMATION: SBA is 

required to survey affected disaster 

areas within a state upon request by the 

Governor of that state to determine if 

there is sufficient damage to warrant a 

disaster declaration. Information is 

obtained from individuals, businesses, 

and public officials. 

Solicitation of Public Comments: 

Comments may be submitted on (a) 

whether the collection of information is 

necessary for the agency to properly 

perform its functions; (b) whether the 

burden estimates are accurate; (c) 

whether there are ways to minimize the 

burden, including through the use of 

automated techniques or other forms of 

information technology; and (d) whether 

there are ways to enhance the quality, 

utility, and clarity of the information. 

OMB Control Number: 3245–0136. 

Title: Disaster Survey Worksheet. 

SBA Form Number: 987. 

Description of Respondents: Disaster 

effected individuals and businesses. 

Estimated Number of Respondents: 

2,400. 

Estimated Annual Responses: 2,400. 

Estimated Annual Hour Burden: 199. 

Curtis Rich, 

Management Analyst. 

[FR Doc. 2021–04854 Filed 3–8–21; 8:45 am] 

BILLING CODE 8026–03–P 


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