11100 Federal Register / Vol. 87, No. 39 / Monday, February 28, 2022 / Notices 

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

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4See Securities Exchange Act Release No. 85190 

(February 25, 2019), 84 FR 7154 (March 1, 2019) 

(SR–NYSECHX–2019–02) (Notice of Filing and 

Immediate Effectiveness of Proposed Rule Change 

To Amend the Rules of the Exchange To Adopt 

Article 1, Rule 5). 

National Science Foundation, 2415 

Eisenhower Avenue, Alexandria, 

Virginia 22314 | Virtual. 

Registration for the virtual meeting 

will be available two weeks prior to the 

meeting date. Final agenda and 

registration link will be located on the 

AC’s website at: https://www.nsf.gov/ 

geo/opp/advisory.jsp. 

Type of Meeting: Open. 

Contact Person: Beverly Walker, 

National Science Foundation, 2415 

Eisenhower Avenue, Alexandria, 

Virginia 22314; Telephone: (703) 292– 

2614. 

Minutes: May be obtained from the 

contact person listed above. 

Purpose of Meeting: To provide 

advice and recommendations to the 

National Science Foundation 

concerning support for polar research, 

education, infrastructure and logistics, 

and related activities. 

Agenda 

March 24, 2022; 11:00 a.m.–4:00 p.m. 

(Virtual) 

• Upcoming field seasons and COVID– 

19 

• Advisory Committee Liaison Updates 

• Subcommittee on Diversity, Equity, 

and Inclusion 

• Antarctic Research Vessel Updates 

• NSF Geoscience Directorate Activities 

Updates 

March 25, 2022; 11:00 a.m.–4:00 p.m. 

(Virtual) 

• Polar Partnerships 

• Meeting with the NSF Director & 

Chief Operating Officer 

• NASEM Mid-Term Report 

• South Pole Station 

• Russian Science Collaborations 

Dated: February 22, 2022. 

Crystal Robinson, 

Committee Management Officer. 

[FR Doc. 2022–04100 Filed 2–25–22; 8:45 am] 

BILLING CODE 7555–01–P 

NATIONAL SCIENCE FOUNDATION 

National Artificial Intelligence 

Research Resource Task Force; Notice 

of Meeting 

In accordance with the Federal 

Advisory Committee Act (Pub., L. 92– 

463, as amended), the National Science 

Foundation (NSF) announces the 

following meeting: 

Name and Committee Code: National 

Artificial Intelligence Research Resource 

Task Force (84629). 

Date and Time: April 8, 2022, 11:00 

a.m. to 5:00 p.m. EDT. 

PLACE: NSF, 2415 Eisenhower 

Avenue, Alexandria, VA 22314. Virtual 

meeting attendance only. 

To attend the virtual meeting, please 

send your request for the virtual 

meeting link to the following email: 

cmessam@nsf.gov. 

Type of Meeting: Open. 

Contact Person: Brenda Williams, 

National Science Foundation, 2415 

Eisenhower Avenue, Alexandria, VA 

22314; Telephone: 703–292–8900; 

email: bwilliam@nsf.gov. 

Purpose of Meeting: The Task Force 

shall investigate the feasibility and 

advisability of establishing and 

sustaining a National Artificial 

Intelligence Research Resource; and 

propose a roadmap detailing how such 

resource should be established and 

sustained. 

Agenda: In this meeting, the Task 

Force members will deliberate on the 

Task Force’s interim report to the 

President and Congress. The Task Force 

members will also discuss their work 

plan for the remainder of 2022 and 

identify the key issues to study as they 

develop implementation-focused 

recommendations for inclusion in their 

final report. 

Dated: February 22, 2022. 

Crystal Robinson, 

Committee Management Officer. 

[FR Doc. 2022–04101 Filed 2–25–22; 8:45 am] 

BILLING CODE 7555–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94298; File No. SR– 

NYSECHX–2022–02] 

Self-Regulatory Organizations; NYSE 

Chicago, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Amend Article I, Rule 

5 To Replace References to Employees 

and Officers of Intercontinental 

Exchange Group, Inc. 

February 22, 2022. 

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

Securities Exchange Act of 1934 (the 

‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on February 

14, 2022, the NYSE Chicago, Inc. 

(‘‘NYSE Chicago’’ or the ‘‘Exchange’’) 

filed with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I and II below, which Items have 

been prepared by the self-regulatory 

organization. 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 proposes to amend 

Article I, Rule 5 (Designation of 

Authority) to replace references to 

employees and officers of 

Intercontinental Exchange Group, Inc., 

the Exchange’s indirect parent 

company, with references to employees 

and officers of the Exchange. The 

proposed rule change is available on the 

Exchange’s website at www.nyse.com, at 

the principal office of the Exchange, 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 

self-regulatory organization 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 those 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 parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend 

Article I, Rule 5 (Designation of 

Authority) to replace references to 

employees and officers of 

Intercontinental Exchange Group, Inc. 

(‘‘ICE’’), the Exchange’s indirect parent 

company, with references to employees 

and officers of the Exchange. 

The Exchange adopted Rule 5 in 2019, 

stating that Rule 5 was substantially 

similar to the third paragraph of New 

York Stock Exchange Rule 1 (‘‘NYSE 

Rule 1’’).4

Like NYSE Rule 1, Rule 5 provides 

that, if the person named in a rule is not 

available, the chief executive officer 

(‘‘CEO’’) or chief regulatory officer 

(‘‘CRO’’) of the Exchange may designate 

one or more qualified employees of ICE 

to act in their place. Rule 5 goes on to 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 39 / Monday, February 28, 2022 / Notices 11101 

5Article 1, Rule 5. 

6 15 U.S.C. 78f(b). 

7 15 U.S.C. 78f(b)(5). 8 15 U.S.C. 78f(b)(8). 

9 15 U.S.C. 78s(b)(3)(A). 

10 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6) requires a self-regulatory organization to give 

the Commission written notice of its intent to file 

the proposed rule change at least five business days 

prior to the date of filing of the proposed rule 

change, or such shorter time as designated by the 

Commission. The Exchange has satisfied this 

requirement. 

state that, for purposes of a designation 

by the CEO, a qualified employee 

includes, among other things, any 

officer of ICE deemed by the CEO to 

possess the requisite knowledge and job 

qualifications.5

In practice, designations under Rule 5 

are limited to Exchange employees and 

officers. To more accurately reflect 

actual practice, the Exchange proposes 

to replace the references to employees 

and officers of ICE in Rule 5 with 

references to employees and officers of 

the Exchange, as follows: 

• In the first sentence, 

‘‘Intercontinental Exchange Group, Inc. 

(‘ICE’)’’ would be replaced with ‘‘the 

Exchange’’; and 

• In clause (1) of the second sentence, 

‘‘Exchange’’ would be added before 

‘‘officer,’’ and ‘‘of ICE’’ would be 

deleted. 

The proposed changes would not 

result in any practical changes regarding 

which individuals would be eligible to 

perform the functions specified in Rule 

5 and would not require the Exchange 

to change which individuals may 

currently performing these functions. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Act,6 in general, and 

furthers the objectives of Section 6(b)(5) 

of the Act,7 in particular, because it is 

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 

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. 

The Exchange believes that the 

proposed rule change would promote 

clarity and transparency in its rules. The 

Exchange believes that the change 

would not be inconsistent with the 

public interest and the protection of 

investors because investors will not be 

harmed and in fact would benefit from 

the increased clarity and transparency 

that the change would introduce, 

thereby reducing potential confusion. 

The Exchange believes that the 

proposed rule change would remove 

impediments to and perfect the 

mechanism of a free and open market 

and a national market system and, in 

general, protect investors and the public 

interest, because it would remove any 

potential confusion among market 

participants that may result if the 

Exchange retained references to ICE 

employees and ICE officers in Rule 5, 

adding clarity and transparency to 

Exchange rules. Moreover, the proposed 

change to the first prong of the 

definition of ‘‘qualified employee’’ for 

purposes of designation by the CEO 

would make it consistent with the first 

prong of the definition of ‘‘qualified 

employee’’ for purposes of designation 

by the CRO, reducing any potential 

confusion among market participants. 

In practice, Exchange employees and 

officers, and not ICE employees and 

officers, are designated pursuant to Rule 

5. The proposed changes would ensure 

that remained true, as under the changes 

only Exchange officers or Exchange 

employees could be qualified employees 

delegated authority by the CEO 

pursuant to Rule 5. For that reason, the 

Exchange believes that the proposed 

change would remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system and, in general, protect investors 

and the public interest. 

For these reasons, the Exchange 

believes that the proposal is consistent 

with the Act. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

In accordance with Section 6(b)(8) of 

the Act,8 the Exchange believes that the 

proposed rule change will not impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

proposed change is not designed to 

address any competitive issue but rather 

serve to promote clarity and 

consistency, thereby reducing burdens 

on the marketplace and facilitating 

investor protection. The proposed 

changes would be administrative and 

would apply only to the Exchange, and 

therefore would not impose any 

unnecessary competitive burden on 

third parties. 

For the reasons described above, the 

Exchange believes that the proposed 

rule change reflects this competitive 

environment. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the foregoing proposed rule 

change does not (i) significantly affect 

the protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and; (iii) 

become operative for 30 days from the 

date on which it was filed, or such 

shorter time as the Commission may 

designate, it has become effective 

pursuant to Section 19(b)(3)(A) of the 

Act 9 and Rule 19b–4(f)(6) 10 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– 

NYSECHX–2022–02 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–NYSECHX–2022–02. 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/ 


khammond on DSKJM1Z7X2PROD with NOTICES
11102 Federal Register / Vol. 87, No. 39 / Monday, February 28, 2022 / Notices 

11 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 3See Rule 4.13(e). 

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–NYSECHX–2022–02 and 

should be submitted on or before March 

21, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Jill M. Peterson, 

Assistant Secretary. 

[FR Doc. 2022–04084 Filed 2–25–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–94292; File No. SR–CBOE– 

2022–005] 

Self-Regulatory Organizations; Cboe 

Exchange, Inc.; Notice of Filing of a 

Proposed Rule Change To Permit P.M.- 

Settled S&P 500 Index Options That 

Expire on Tuesday or Thursday Under 

Its Nonstandard Expirations Pilot 

Program 

February 22, 2022. 

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 

8, 2022, 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 permit 

P.M.-settled S&P 500 Index (‘‘SPX’’) 

options that expire on Tuesday or 

Thursday under its Nonstandard 

Expirations Pilot Program. 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/CBOELegal

RegulatoryHome.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 

Rule 4.13(e), which governs its 

Nonstandard Expirations Pilot Program 

(‘‘Pilot Program’’), to permit P.M.-settled 

SPX options that expire on Tuesday or 

Thursday. Under the existing Pilot 

Program, the Exchange is permitted to 

list P.M.-settled options on broad-based 

indexes that expire on: (1) Any Monday, 

Wednesday, or Friday (‘‘Weekly 

Expirations’’ or ‘‘EOWs’’) and (2) the 

last trading day of the month (‘‘End of 

Month Expirations’’ or ‘‘EOMs’’).3

Specifically, the proposed rule change 

amends Rule 4.13(e)(1) to add P.M.- 

settled SPX Weekly (‘‘SPXW’’) options 

that expire on Tuesday or Thursday as 

permissible Weekly Expirations under 

the Pilot Program (currently set to 

expire on May 2, 2022). The Exchange 

notes that permitting SPXW options 

with Tuesday and Thursday expirations, 

as proposed, is in addition to the SPXW 

options with Monday, Wednesday and 

Friday expirations that the Exchange 

may (and does) already list, as they are 

permissible Weekly Expirations for 

options on a broad-based index (e.g., 

SPX) pursuant to Rule 4.13(e)(1). The 

Pilot Program for Weekly Expirations 

will apply to SPXW options with 

Tuesday and Thursday expirations in 

the same manner as it currently applies 

to P.M.-settled broad-based index 

options with Monday, Wednesday and 

Friday expirations. That is, as proposed, 

Rule 4.13(e)(1) provides that the 

Exchange may open for trading Weekly 

Expirations on any broad-based index 

eligible for standard options trading to 

expire on any Monday, Wednesday, or 

Friday (other than the third Friday-ofthe-month or days that coincide with an 

EOM expiration). In addition, the 

Exchange may also open for trading 

Weekly Expirations on S&P 500 Index 

options to expire on any Tuesday or 

Thursday (other than days that coincide 

with an EOM expiration). Weekly 

Expirations shall be subject to all 

provisions of this Rule and treated the 

same as options on the same underlying 

index that expire on the third Friday of 

the expiration month; provided, 

however, that Weekly Expirations shall 

be P.M.-settled and new series in 

Weekly Expirations may be added up to 

and including on the expiration date for 

an expiring Weekly Expiration. The 

maximum number of expirations that 

may be listed for each Weekly 

Expiration (i.e., a Monday expiration, 

Tuesday expiration, Wednesday 

expiration, Thursday expiration, or 

Friday expiration, as applicable) in a 

given class is the same as the maximum 

number of expirations permitted in Rule 

4.13(a)(2) for standard options on the 

same broad-based index (which is 12 for 

SPX options). Weekly Expirations need 

not be for consecutive Monday, 

Tuesday, Wednesday, Thursday, or 

Friday expirations as applicable; 

however, the expiration date of a nonconsecutive expiration may not be 

beyond what would be considered the 

last expiration date if the maximum 

number of expirations were listed 

consecutively. Weekly Expirations that 

are first listed in a given class may 

expire up to four weeks from the actual 

listing date. If the Exchange lists EOMs 

and Weekly Expirations as applicable in 

a given class, the Exchange will list an 

EOM instead of a Weekly Expiration 

that expires on the same day in the 


khammond on DSKJM1Z7X2PROD with NOTICES