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###### Securities and Exchange Commission

          - [Release No. 34-95034; File No. SR-CboeBZX-2021-078]

                    On November 17, 2021, 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 amend Exchange Rule 11.22(f) to introduce a new data product to be known as the Short Volume Report. The proposed rule change was published for comment in the                     **Federal Register**                     on December 7, 2021.[3]                                          On January 20, 2022, pursuant to Section 19(b)(2) of the Act,[4]                                          the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to disapprove the proposed rule change.[5]                                          On March 7, 2022, the Commission instituted proceedings under Section 19(b)(2)(B) of the Act [6]                                          to determine whether to approve or disapprove the proposed rule change.[7]                                          On March 30, 2022, the Exchange filed Amendment No. 1 to the proposed rule change, which superseded the proposed rule change as originally filed. The proposed rule change, as modified by Amendment No. 1, was published for comment in the                     **Federal Register**                     on April 28, 2022.[8] 

                    Section 19(b)(2) of the Act [9]                                          provides that, after initiating proceedings, the Commission shall issue an order approving or disapproving the proposed rule change not later than 180 days after the date of publication of notice of the filing of the proposed rule change. The Commission may extend the period for issuing an order approving or disapproving the proposed rule change, however, by not more than 60 days if the Commission determines that a longer period is appropriate and publishes the reasons for such determination. The proposed rule change was published for comment in the                     **Federal Register**                     on December 7, 2021.[10]                                          The 180th day after publication of the proposed rule change is June 5, 2022. The Commission is extending the time period for approving or disapproving the proposal for an additional 60 days.                

                    The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change, as modified by Amendment No. 1, and the comments that have been submitted in connection therewith. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act,[11]                                          designates August 4, 2022, as the date by which the Commission should either approve or disapprove the proposed rule change (File No. SR-CboeBZX-2021-078), as modified by Amendment No. 1.                                    

                        For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.12

J. Matthew DeLesDernier,

Assistant Secretary.

# Footnotes

1.                             15 U.S.C. 78s(b)(1).                    
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2.                             17 CFR 240.19b-4.                    
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3.                                                     *See*                         Securities Exchange Act Release No. 93688 (December 1, 2021), 86 FR 69319 (“Notice”). The comment letters received on the proposed rule change are available on the Commission's website at:                         *https://www.sec.gov/​comments/​sr-cboebzx-2021-078/​srcboebzx2021078.htm.*
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4.                             15 U.S.C. 78s(b)(2).                    
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5.                                                     *See*                         Securities Exchange Act Release No. 94010, 87 FR 4075 (January 26, 2022). The Commission designated March 7, 2022 as the date by which the Commission shall approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change.                    
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6.                             15 U.S.C. 78s(b)(2)(B).                    
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7.                                                     *See*                         Securities Exchange Act Release No. 94372, 87 FR 14053 (March 11, 2022).                    
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8.                                                     *See*                         Securities Exchange Act Release No. 94788 (April 22, 2022), 87 FR 25328.                    
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9.                             15 U.S.C. 78s(b)(2).                    
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10.                                                     *See*                         Notice,                         *supra*                         note 3.                    
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11.                             15 U.S.C. 78s(b)(2).                    
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12.                             17 CFR 200.30-3(a)(57).                    
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[FR Doc. 2022-12399 Filed 6-8-22; 8:45 am]

BILLING CODE 8011-01-P