Federal Register / Vol. 88, No. 189 / Monday, October 2, 2023 / Notices 67829 

1See Docket No. RM2018–3, Order Adopting 

Final Rules Relating to Non-Public Information, 

June 27, 2018, Attachment A at 19–22 (Order No. 

4679). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3Amendment No. 1 amends the Exhibit 5A and 

Exhibit 5B to correctly reflect the addition of the 

Document Handling subsection to each document’s 

Table of Contents. The proposed rule change 

includes and Exhibit 4A and Exhibit 4B. Exhibit 4A 

shows the change that Amendment No. 1 makes to 

Exhibit 5A and Exhibit 4B does the same with 

respect to Exhibit 5B. 

4Self-Regulatory Organizations; ICE Clear Europe 

Limited; Notice of Filing of Proposed Rule Change, 

as Modified by Amendment No. 1, Relating to 

Amendments to the Clearing Membership Policy 

and Clearing Membership Procedures, Exchange 

Act Release No. 34–98207 (August 23, 2023); 88 FR 

59547 (August 29, 2023) (SR–ICEEU–2023–022) 

(‘‘Notice’’). 

5 15 U.S.C. 78s(b)(2). 

6 Id. 

7 17 CFR 200.30–3(a)(31). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 98156 

(Aug. 17, 2023), 88 FR 57490. Comments on the 

proposed rule change are available at: https://

www.sec.gov/comments/sr-cboebzx-2023-058/ 

srcboebzx2023058.htm. 

4 15 U.S.C. 78s(b)(2). 

with the requirements of 39 CFR 

3011.301.1

The Commission invites comments on 

whether the Postal Service’s request(s) 

in the captioned docket(s) are consistent 

with the policies of title 39. For 

request(s) that the Postal Service states 

concern Market Dominant product(s), 

applicable statutory and regulatory 

requirements include 39 U.S.C. 3622, 39 

U.S.C. 3642, 39 CFR part 3030, and 39 

CFR part 3040, subpart B. For request(s) 

that the Postal Service states concern 

Competitive product(s), applicable 

statutory and regulatory requirements 

include 39 U.S.C. 3632, 39 U.S.C. 3633, 

39 U.S.C. 3642, 39 CFR part 3035, and 

39 CFR part 3040, subpart B. Comment 

deadline(s) for each request appear in 

section II. 

II. Docketed Proceeding(s) 

1. Docket No(s).: MC2023–284 and 

CP2023–287; Filing Title: USPS Request 

to Add Priority Mail Contract 787 to 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: September 26, 2023; 

Filing Authority: 39 U.S.C. 3642, 39 CFR 

3040.130 through 3040.135, and 39 CFR 

3035.105; Public Representative: 

Christoher C. Mohr; Comments Due: 

October 4, 2023. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2023–21661 Filed 9–29–23; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–98539; File No. SR–ICEEU– 

2023–022] 

Self-Regulatory Organizations; ICE 

Clear Europe Limited; Notice of 

Designation of Longer Period for 

Commission Action on Proposed Rule 

Change, as Modified by Amendment 

No. 1, Relating to Amendments to the 

Clearing Membership Policy and 

Clearing Membership Procedures 

September 26, 2023. 

On August 8, 2023, ICE Clear Europe 

Limited (‘‘ICE Clear Europe’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’) the 

proposed rule change SR–ICEEU–2023– 

022 pursuant to Section 19(b) of the 

Securities Exchange Act of 1934 

(‘‘Exchange Act’’) 1 and Rule 19b–4 2

thereunder to modify its Clearing 

Membership Policy and amend its 

Clearing Membership Procedures. On 

August 22, 2023, ICE Clear Europe filed 

Amendment No. 1 to the proposed rule 

change to make certain changes to the 

Exhibits 5A and 5B.3 The proposed rule 

change, as modified by Amendment No. 

1 (hereafter ‘‘the Proposed Rule 

Change’’), was published for public 

comment in the Federal Register on 

August 29, 2023.4 The Commission has 

not received comments regarding the 

proposal described in the Proposed Rule 

Change. 

Section 19(b)(2) of the Exchange Act 5

provides that, within 45 days of the 

publication of notice of the filing of a 

proposed rule change, or within such 

longer period up to 90 days as the 

Commission may designate if it finds 

such longer period to be appropriate 

and publishes its reasons for so finding, 

or as to which the self-regulatory 

organization consents, the Commission 

shall either approve the proposed rule 

change, disapprove the proposed rule 

change, or institute proceedings to 

determine whether the proposed rule 

change should be disapproved. The 45th 

day after publication of the Notice of 

Filing is October 13, 2023. The 

Commission is extending this 45-day 

time period. 

In order to provide the Commission 

with sufficient time to consider the 

Proposed Rule Change, the Commission 

finds that it is appropriate to designate 

a longer period within which to take 

action on the Proposed Rule Change. 

Accordingly, the Commission, 

pursuant to Section 19(b)(2) of the 

Exchange Act,6 designates November 

27, 2023, as the date by which the 

Commission shall either approve, 

disapprove, or institute proceedings to 

determine whether to disapprove 

proposed rule change SR–ICEEU–2023– 

022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.7

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–21628 Filed 9–29–23; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–98531; File No. SR– 

CboeBZX–2023–058] 

Self-Regulatory Organizations; Cboe 

BZX Exchange, Inc.; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To List and Trade Shares 

of the Global X Bitcoin Trust Under 

BZX Rule 14.11(e)(4), CommodityBased Trust Shares 

September 26, 2023. 

On August 4, 2023, Cboe BZX 

Exchange, Inc. (‘‘BZX’’ or ‘‘Exchange’’) 

filed with the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

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

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to list and trade shares of the 

Global X Bitcoin Trust under BZX Rule 

14.11(e)(4), Commodity-Based Trust 

Shares. The proposed rule change was 

published for comment in the Federal 

Register on August 23, 2023.3

Section 19(b)(2) of the Act 4 provides 

that within 45 days of the publication of 

notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day after 

publication of the notice for this 

proposed rule change is October 7, 

2023. The Commission is extending this 

45-day time period. 

The Commission finds it appropriate 

to designate a longer period within 

which to take action on the proposed 

rule change so that it has sufficient time 


lotter on DSK11XQN23PROD with NOTICES1
67830 Federal Register / Vol. 88, No. 189 / Monday, October 2, 2023 / Notices 

5 15 U.S.C. 78s(b)(2). 

6 17 CFR 200.30–3(a)(31). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3The term ‘‘option contract’’ means a put or a call 

issued, or subject to issuance, by the Clearing 

Corporation pursuant to the Rules of the Clearing 

Corporation. See Exchange Rule 100. 

4The terms ‘‘class of options’’ or ‘‘option class’’ 

means all option contracts covering the same 

underlying security. See Exchange Rule 100. 

5See Exchange Rule 404(f). 

6The term ‘‘series of options’’ means all option 

contracts of the same class having the same exercise 

price and expiration date. See Exchange Rule 100. 

7See Interpretations and Policies .01(a) of Rule 

404. 

8See Interpretations and Policies .04 of Rule 404. 

9 Id. 

10See Interpretations and Policies .02 of Rule 404. 

11See Interpretations and Policies .04 of Rule 404. 

to consider the proposed rule change 

and the issues raised therein. 

Accordingly, the Commission, pursuant 

to Section 19(b)(2) of the Act,5

designates November 21, 2023, as the 

date by which the Commission shall 

either approve or disapprove, or 

institute proceedings to determine 

whether to disapprove, the proposed 

rule change (File No. SR–CboeBZX– 

2023–058). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–21623 Filed 9–29–23; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–98534; File No. SR–MIAX– 

2023–36] 

Self-Regulatory Organizations: Miami 

International Securities Exchange LLC; 

Notice of Filing of a Proposed Rule 

Change To Amend Exchange Rule 404, 

Series of Option Contracts Open for 

Trading 

September 26, 2023. 

Pursuant to the provisions of Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 notice is hereby given that 

on September 14, 2023, Miami 

International Securities Exchange LLC 

(‘‘MIAX’’ or ‘‘Exchange’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) a 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 

The Exchange is filing a proposal to 

amend Exchange Rule 404, Series of 

Option Contracts Open for Trading. 

The text of the proposed rule change 

is available on the Exchange’s website at 

http://www.miaxoptions.com/rulefilings, at MIAX’s principal office, 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 

Rule 404, Series of Option Contracts 

Open for Trading. Specifically, the 

Exchange proposes to adopt new 

Interpretations and Policies .12 to Rule 

404 to implement a new strike interval 

program for stocks that are priced less 

than $2.50 and have an average daily 

trading volume of at least 1,000,000 

shares per day for the three (3) 

preceding calendar months. The 

Exchange also proposes to amend the 

table in Interpretations and Policies .11 

of Rule 404 to harmonize the table to the 

propose change. 

Background 

Currently, Exchange Rule 404, Series 

of Option Contracts Open for Trading, 

describes the process and procedures for 

listing and trading series of options 3 on 

the Exchange. Rule 404 provides for a 

$2.50 Strike Price Program, where the 

Exchange may select up to 60 option 

classes 4 on individual stocks for which 

the interval of strike prices will be $2.50 

where the strike price is greater than 

$25.00 but less than $50.00.5 Rule 404 

also provides for a $1 Strike Price 

Interval Program, where the interval 

between strike prices of series of 

options 6 on individual stocks may be 

$1.00 or greater provided the strike 

price is $50.00 or less, but not less than 

$1.00.7 Additionally, Rule 404 provides 

for a $0.50 Strike Program.8 The interval 

of strike prices of series of options on 

individual stocks may be $0.50 or 

greater beginning at $0.50 where the 

strike price is $5.50 or less, but only for 

options classes whose underlying 

security closed at or below $5.00 in its 

primary market on the previous trading 

day and which have national average 

daily volume that equals or exceeds 

1,000 contracts per day as determined 

by The Options Clearing Corporation 

during the preceding three calendar 

months. The listing of $0.50 strike 

prices is limited to options classes 

overlying no more than 20 individual 

stocks (the ‘‘$0.50 Strike Program’’) as 

specifically designated by the Exchange. 

The Exchange may list $0.50 strike 

prices on any other option classes if 

those classes are specifically designated 

by other securities exchanges that 

employ a similar $0.50 Strike Program 

under their respective rules. A stock 

shall remain in the $0.50 Strike Program 

until otherwise designated by the 

Exchange.9

Proposal 

At this time, the Exchange proposes to 

adopt a new strike interval program for 

underlying stocks that are not in the 

aforementioned $0.50 Strike Program (or 

the Short Term Option Series 

Program) 10 and that close below $2.50 

and have an average daily trading 

volume of at least 1,000,000 shares per 

day for the three (3) preceding calendar 

months. The $0.50 Strike Program 

considers stocks that have a closing 

price at or below $5.00 whereas the 

Exchange’s proposal will consider 

stocks that have a closing price below 

$2.50. Currently, there is a subset of 

stocks that are not included in the $0.50 

Strike Program as a result of the 

limitations of that program which 

provides that the listing of $0.50 strike 

prices shall be limited to option classes 

overlying no more than 20 individual 

stocks as specifically designated by the 

Exchange and requires a national 

average daily volume that equals or 

exceeds 1,000 contracts per day as 

determined by The Options Clearing 

Corporation during the preceding three 

calendar months.11 Therefore, the 

Exchange is proposing to implement a 

new strike interval program termed the 

‘‘Low Priced Stock Strike Price Interval 

Program.’’ 


lotter on DSK11XQN23PROD with NOTICES1