[Federal Register Volume 89, Number 43 (Monday, March 4, 2024)]
[Notices]
[Page 15621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04426]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-99610; File No. SR-CboeBYX-2023-020]


Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Modify Rule 11.24 To Introduce an Enhanced RPI Order and 
Expand Its Retail Price Improvement Program To Include Securities 
Priced Below $1.00

February 27, 2024.
    On December 27, 2023, Cboe BYX Exchange, Inc. (``BYX'' or the 
``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 modify Rule 11.24 to introduce an Enhanced RPI 
Order and expand its Retail Price Improvement program to include 
securities priced below $1.00. The proposed rule change was published 
for comment in the Federal Register on January 17, 2024.\3\ The 
Commission has received no comments on the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 99311 (Jan. 10, 
2024), 89 FR 2993.
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    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 (i) as the Commission may 
designate if it finds such longer period to be appropriate and 
publishes its reasons for so finding or (ii) 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 March 2, 2024. The Commission is extending 
this 45-day time period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission finds that it is appropriate to designate a longer 
period within which to take action on the proposed rule change so that 
it has sufficient time to consider the proposed rule change and the 
issues raised therein. Accordingly, pursuant to section 19(b)(2) of the 
Act,\5\ the Commission designates April 16, 2024, 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-CboeBYX-2023-020).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-04426 Filed 3-1-24; 8:45 am]
BILLING CODE 8011-01-P