4072 Federal Register / Vol. 87, No. 17 / Wednesday, January 26, 2022 / Notices 

12 17 CFR 240.17Ad–22(e)(1). 

13 15 U.S.C. 78q–1(b)(3)(F). 

14 17 CFR 240.17Ad–22(e)(1). 

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

16 In approving the proposed rule change, the 

Commission considered the proposal’s impact on 

efficiency, competition, and capital formation. 15 

U.S.C. 78c(f). 

17 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 93694 

(December 1, 2021), 86 FR 69299. Comments 

received on the proposal are available on the 

Commission’s website at: https://www.sec.gov/ 

comments/sr-cboeedga-2021-025/ 

srcboeedga2021025.htm. 

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

5 Id. 

6 17 CFR 200.30–3(a)(31). 

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

2 17 CFR 240.19b–4. 

3 17 CFR 240.19b–4(f)(6). 

4The proposed rule text changes to Rule 3110.17 

are applied to the version that becomes operative 

on January 1, 2022 and automatically sunsets on 

June 30, 2022. 

clear and effective procedures for ICC to 

use in effecting settlement with a reversioned underlying index and a blend 

of single name position and cash, and 

therefore would provide a clear and 

transparent basis for ICC’s settlement of 

Index Swaptions. Moreover, the 

Commission believes that incorporating 

Minimum Intrinsic Value into 

paragraphs 2.2(e)(ii) and 2.8 of the 

Exercise Procedures would make ICC’s 

exercise of Index Swaptions in such 

circumstances more predictable and 

reliable, and therefore well-founded and 

clear. 

Therefore, the Commission finds that 

the proposed rule change is consistent 

with Rule 17Ad-22(e)(1).12

IV. Conclusion 

On the basis of the foregoing, the 

Commission finds that the proposed 

rule change is consistent with the 

requirements of the Act, and in 

particular, with the requirements of 

Section 17A(b)(3)(F) of the Act 13 and 

Rule 17Ad–22(e)(1).14

It is therefore ordered pursuant to 

Section 19(b)(2) of the Act 15 that the 

proposed rule change (SR–ICC–2021– 

023), be, and hereby is, approved.16

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.17

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–01463 Filed 1–25–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34 94007; File No. SR– 

CboeEDGA–2021–025] 

Self-Regulatory Organizations; Cboe 

EDGA Exchange, Inc.; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To Introduce a New Data 

Product To Be Known as the Short 

Volume Report, Modify the Name of 

Rule 13.8 to ‘‘Data Products’’, and Add 

a Preamble to Rule 13.8 

January 20, 2022. 

On November 17, 2021, Cboe EDGA 

Exchange, Inc. (‘‘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 adopt Exchange Rule 13.8(h) 

to introduce a new data product to be 

known as the Short Volume Report, 

modify the name of Rule 13.8 to ‘‘Data 

Products’’, and add a preamble to Rule 

13.8. The proposed rule change was 

published in the Federal Register on 

December 7, 2021.3

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 will 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 January 21, 

2022. 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 

to consider the proposed rule change. 

Accordingly, the Commission, pursuant 

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

designates March 7, 2022 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–CboeEDGA–2021–025). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–01462 Filed 1–25–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94018; File No. SR–FINRA– 

2022–001] 

Self-Regulatory Organizations; 

Financial Industry Regulatory 

Authority, Inc.; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Extend the 

Effectiveness of Temporary 

Supplementary Material .17 

(Temporary Relief To Allow Remote 

Inspections for Calendar Years 2020 

and 2021, and Through June 30 of 

Calendar Year 2022) Under FINRA Rule 

3110 (Supervision) 

January 20, 2022. 

Pursuant to 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 January 

10, 2022, the Financial Industry 

Regulatory Authority, Inc. (‘‘FINRA’’) 

filed with the Securities and Exchange 

Commission (‘‘SEC’’ or ‘‘Commission’’) 

the proposed rule change as described 

in Items I, II, and III below, which Items 

have been prepared by FINRA. FINRA 

has designated the proposed rule change 

as constituting a ‘‘non-controversial’’ 

rule change under paragraph (f)(6) of 

Rule 19b–4 under the Act,3 which 

renders the proposal effective upon 

receipt of this filing by the Commission. 

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 

FINRA is proposing to extend 

temporary Supplementary Material .17 

(Temporary Relief to Allow Remote 

Inspections for Calendar Years 2020 and 

2021, and Through June 30 of Calendar 

Year 2022) under FINRA Rule 3110 

(Supervision) to include calendar year 

2022 inspection obligations through 

December 31, 2022 within the scope of 

the supplementary material.4 The 

proposed additional six-month 

extension of Rule 3110.17 is necessary 

to address the operational challenges 

resulting from the COVID–19 pandemic 

that many member firms continue to 

face in planning for and timely 

conducting, during the second half of 

calendar year 2022, the on-site 


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