36894 Federal Register / Vol. 87, No. 118 / Tuesday, June 21, 2022 / Notices 

14 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3 See Supplementary Material .07 of Options 4A, 

Section 12. 

4 See Securities Exchange Act Release No. 94682 

(April 12, 2022), 87 FR 22993 (April 18, 2022) (SR– 

CBOE–2022–005) (Notice of Filing of Amendment 

No. 1 and Order Granting Accelerated Approval of 

a Proposed Rule Change, as Modified by 

Amendment No. 1, To Expand the Nonstandard 

Expirations Pilot Program To Include P.M.-Settled 

S&P 500 Index Options That Expire on Tuesday or 

Thursday). 

5 In the event that the third Friday of a given 

month is a holiday and the Exchange is not open 

for trading, the Exchange would not list both an 

A.M.-settled NDX option as well as P.M.-settled 

NDXP. 

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 such 

filings will also be available for 

inspection and copying at the principal 

office of ICE Clear Europe and on ICE 

Clear Europe’s website at https://

www.theice.com/clear-europe/ 

regulation. 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–ICEEU– 

2022–012 and should be submitted on 

or before July 12, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.14

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–13152 Filed 6–17–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–95101; File No. SR–ISE– 

2022–13] 

Self-Regulatory Organizations; Nasdaq 

ISE, LLC; Notice of Filing of Proposed 

Rule Change To Permit the Listing and 

Trading of P.M.-Settled Nasdaq–100 

Index Options That Expire on Tuesday 

or Thursday Under Its Nonstandard 

Expirations Pilot Program 

June 14, 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 June 1, 

2022, Nasdaq ISE, LLC (‘‘ISE’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’) the proposed rule 

change as described in Items I and II 

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 proposes to permit 

P.M.-settled Nasdaq–100 Index®

(‘‘NDX’’) options that expire on Tuesday 

or Thursday under its Nonstandard 

Expirations Pilot Program. 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://listingcenter.nasdaq.com/ 

rulebook/ise/rules, 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 

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 

Supplementary Material .07 of Options 

4A, Section 12, which governs its 

Nonstandard Expirations Pilot Program 

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

Nasdaq–100 Index (‘‘NDXP’’) 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’’) and (2) the last trading 

day of the month (‘‘End of Month 

Expirations’’ or ‘‘EOMs’’).3 Today, Cboe 

Exchange, Inc. (‘‘Cboe’’) is permitted to 

list P.M.-settled S & P 500 Index options 

that expire on Tuesday or Thursday 

under its Nonstandard Expirations Pilot 

Program.4

Specifically, the proposed rule change 

amends Supplementary Material .07(a) 

of Options 4A, Section 12 to add NDXP 

options (P.M.-settled) that expire on 

Tuesday or Thursday as permissible 

Weekly Expirations under the Pilot 

Program (currently set to expire on 

November 4, 2022). The Exchange notes 

that permitting NDXP options with 

Tuesday and Thursday expirations, as 

proposed, is in addition to the NDXP 

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., 

NDX) pursuant to Supplementary 

Material .07(a) of Options 4A, Section 

12. The Pilot Program for Weekly 

Expirations will apply to NDXP 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, Supplementary Material 

.07(a) of Options 4A, Section 12 

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-of-the-month or 

days that coincide with an EOM 

expiration). In addition, the Exchange 

may also open for trading Weekly 

Expirations on NDX options to expire 

on any Tuesday or Thursday (other than 

days that coincide with the third Fridayof-the-month or an EOM expiration).5

Monday, Wednesday and Friday 

weekly expirations are subject to all 

provisions of Supplementary Material 

.07(a) of Options 4A, Section 12 as 

would be the proposed Tuesday and 

Thursday expirations. Additionally, the 

Monday, Wednesday and Friday weekly 

expirations are treated the same as 

options on the same underlying index 

that expire on the third Friday of the 

expiration month as would be the 

proposed Tuesday and Thursday 

expirations; provided, however, that 

Weekly Expirations (including the new 

Tuesday and Thursday 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 


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Federal Register / Vol. 87, No. 118 / Tuesday, June 21, 2022 / Notices 36895 

6 Given that each trading day of the week, as 

proposed, could be the last trading day of the 

month and the day in which a Weekly Expiration 

expires, the Exchange updates this rule text to 

streamline the language. 

7 The Exchange updates the rule text for 

additional clarity. 

8 See Securities Exchange Act Release No. 82612 

(February 1, 2018), 83 FR 5470 (February 7, 2018) 

(approving SR–ISE–2017–111) (Order Approving a 

Proposed Rule Change To Establish a Nonstandard 

Expirations Pilot Program) (‘‘Pilot Program 

Approval Order’’). 9 Specifically, for all Weekly Expirations and 

EOM series, the annual report will contain the 

following volume and open interest data for each 

broad-based index overlying Weekly Expiration and 

EOM options: (1) Monthly volume aggregated for all 

Weekly Expiration and EOM series, (2) Volume in 

Weekly Expiration and EOM series aggregated by 

expiration date, (3) Month-end open interest 

aggregated for all Weekly Expiration and EOM 

series, (4) Month-end open interest for EOM series 

aggregated by expiration date and open interest for 

Weekly Expiration series aggregated by expiration 

date, (5) Ratio of monthly aggregate volume in 

Weekly Expiration and EOM series to total monthly 

class volume, and (6) Ratio of month-end open 

interest in EOM series to total month-end class 

open interest and ratio of open interest in each 

Weekly Expiration series to total class open interest. 

In addition, the annual report will contain the 

information noted above for standard Expiration 

Friday, AM-settled series, if applicable, for the 

period covered in the pilot report as well as for the 

six-month period prior to the initiation of the pilot. 

See Pilot Program Approval Order at 5471 and 

5472. 

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 

Supplementary Material .07 of Options 

4A, Section 12 for standard options on 

the same broad-based index (which is 

12 for NDXP options). 

Weekly Expirations need not be for 

consecutive Monday, Tuesday, 

Wednesday, Thursday, or Friday 

expirations as applicable; however, the 

expiration date of a non-consecutive 

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 given 

class.6 Other expirations in the same 

class are not counted as part of the 

maximum number of Weekly 

Expirations for an applicable 7 broadbased index class. 

If the Exchange is not open for 

business on a respective Monday, the 

normally Monday expiring Weekly 

Expirations will expire on the following 

business day. If the Exchange is not 

open for business on a respective 

Tuesday, Wednesday, Thursday, or 

Friday, the normally Tuesday, 

Wednesday, Thursday, or Friday 

expiring Weekly Expirations will expire 

on the previous business day. 

The proposed rule change also adds 

that, if two different Weekly Expirations 

on NDX options would expire on the 

same day because the Exchange is not 

open for business on a certain weekday, 

the Exchange will list only one of such 

Weekly Expirations. The Exchange 

believes it is appropriate to clarify in the 

rule text that the Exchange will list just 

one Weekly Expiration in such a case, 

as the two Weekly Expirations would 

essentially be the same options contract. 

For example, if the Exchange listed 

NDXP options with proposed Thursday 

expirations and Friday expirations and 

the Exchange was closed for business on 

a Friday then, pursuant to current 

Supplementary Material .07(a) of 

Options 4A, Section 12, the normally 

expiring Friday expiration would expire 

on the previous business day— 

essentially making it an NDXP option 

with a Thursday expiration. Thus, 

expiring NDXP options in this case will 

always have the same weekday 

expiration (per the example, it is an 

NDXP option with a Thursday 

expiration, whether it was listed as an 

NDXP with a Thursday expiration or a 

Friday expiration). As such, for the sake 

of clarity in the rules and to mitigate 

any confusion regarding the listing of 

NDXP options when the Exchange is 

closed for business, the proposed rule 

change provides that the Exchange will 

list just one Weekly Expiration if two 

Weekly Expirations would expire on the 

same day due to the Exchange being 

closed for business. Transactions in 

Weekly Expirations may be effected on 

the Exchange between the hours of 9:30 

a.m. (Eastern Time) and 4:15 p.m. 

(Eastern Time), except that on the last 

trading day, transactions in expiring 

p.m.-settled broad-based index options 

may be effected on the Exchange 

between the hours of 9:30 a.m. (Eastern 

time) and 4:00 p.m. (Eastern time). 

The Exchange believes that that the 

introduction of NDXP options with 

Tuesday and Thursday expirations will 

expand hedging tools available to 

market participants while also 

providing greater trading opportunities. 

By offering NDXP options with Tuesday 

and Thursday expirations along with 

the current Monday, Wednesday and 

Friday expirations, the proposed rule 

change will allow market participants to 

purchase NDXP options in a manner 

more aligned with specific timing needs 

and more effectively tailor their 

investment and hedging strategies and 

manage their portfolios. 

In particular, the proposed rule 

change will allow market participants to 

roll their positions on more trading 

days, thus with more precision, spread 

risk across more trading days and 

incorporate daily changes in the 

markets, which may reduce the 

premium cost of buying protection. The 

Exchange proposes to abide by the same 

reporting requirements for the trading of 

NDXP options that expire on any 

Tuesday or Thursday that it does for the 

trading of P.M.-settled options on broadbased indexes that expire on any 

Monday, Wednesday, or Friday 

pursuant to the Pilot Program. 

Pilot Report 

The Exchange intends to submit a rule 

change proposing permanency of the 

Nonstandard Pilot to the Commission 

and would include data regarding NDXP 

options that expire on Tuesdays or 

Thursdays as it does for current Weekly 

Expirations on any broad-based index 

option either by providing additional 

data in such proposal or in an annual 

report regarding NDXP options that 

expire on each trading day of the week, 

as proposed. The Exchange would 

continue to provide the Commission 

with ongoing data regarding NDXP 

options that expire on Tuesdays or 

Thursdays unless and until the 

Nonstandard Pilot is made permanent or 

discontinued. 

As provided in the Pilot Program 

Approval Order,8 the annual report will 

contain an analysis of volume, open 

interest and trading patterns. In 

addition, for series that exceed certain 

minimum open interest parameters, the 

annual report will provide analysis of 

index price volatility and, if needed, 

share trading activity.9 Additionally, the 

Exchange will provide the Commission 

with any additional data or analyses the 

Commission requests because it deems 

such data or analyses necessary to 

determine whether the Pilot Program, 

including NDXP options with Tuesday 

and Thursday expirations as proposed, 

is consistent with the Exchange Act. As 

it does for current Pilot Program 

products, the Exchange will make 

public on its website all data and 

analyses in connection with NDXP 

options with Tuesday and Thursday 

expirations it submits to the 

Commission under the Pilot Program. 

Going forward, the Exchange will 

include the same areas of analysis for 

NDXP options with Tuesday and 

Thursday expirations. The Exchange 

also proposes to include the following 


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36896 Federal Register / Vol. 87, No. 118 / Tuesday, June 21, 2022 / Notices 

10 The Exchange additionally notes that it already 

allows NDXP options to expire on Tuesdays for 

normally Monday or Wednesday expiring NDXP 

options when the Exchange is not open for business 

on a respective Monday or Wednesday (as 

applicable), and already allows NDXP options to 

expire on Thursdays for normally Friday expiring 

NDXP options when the Exchange is not open for 

business on a respective Friday. 

11 See Securities and Exchange Commission, 

Division of Economic Risk and Analysis, 

Memorandum, Cornerstone Analysis of PM CashSettled Index Option Pilots (February 2, 2021) 

(‘‘DERA Staff PM Pilot Memo’’), available at: 

https://www.sec.gov/dera/staff-papers/studies-andreports/analysis-of-pm-cash-settled-index-optionpilots. 

12 See DERA Staff PM Pilot Memo at 3. For 

example, the largest settlement event that occurred 

during the time period of the study (a settlement of 

$100.4 billion of notional on December 29, 2017) 

had an estimated impact on the futures price of 

only approximately 0.02% (a predicted impact of 

$0.54 relative to a closing futures price of $2,677). 

13 15 U.S.C. 78f(b). 

14 15 U.S.C. 78f(b)(5). 

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

16 15 U.S.C. 78f(b)(5). 

market quality data, over sample 

periods determined by the Exchange 

and the Commission, for NDXP options 

(NDXP and standard NDX options) as 

part of the annual reports going forward: 

(1) time-weighted relative quoted 

spreads; (2) relative effective spreads; 

and (3) time-weighted bid and offer 

sizes. 

The Exchange believes there is 

sufficient investor interest and demand 

in NDXP options with Tuesday and 

Thursday expirations to warrant 

inclusion in the Pilot Program and that 

the Pilot Program, as amended, will 

continue to provide investors with 

additional means of managing their risk 

exposures and carrying out their 

investment objectives.10 The Exchange 

notes that during the Pilot Program’s 4 

year tenure, the Exchange has not 

observed any significant adverse market 

effects or identified any regulatory 

concerns as a result of the Pilot 

Program, nor does it believe that 

additional expirations listed under the 

Pilot Program would result in any such 

impact or regulatory concerns. Based on 

a study conducted by Commission staff 

on the pilot data (including quarterly, 

weekly, EOM and third Friday 

expirations for P.M.-settled NDX 

options),11 there is no evidence of any 

significant adverse economic impact to 

the futures, index, or underlying index 

component securities markets as a result 

of the quantity of P.M.-settled NDX 

options that settle at the close or the 

amount of expiring open interest in 

P.M.-settled NDX options.12

With regard to the impact of this 

proposal on System capacity, the 

Exchange has analyzed its capacity and 

represents that it believes that the 

Exchange and OPRA have the necessary 

systems capacity to handle any potential 

additional traffic associated with trading 

of NDXP options with Tuesday and 

Thursday expirations. The Exchange 

does not believe that its Members will 

experience any capacity issues as a 

result of this proposal and represents 

that it will monitor the trading volume 

associated with any possible additional 

options series listed as a result of this 

proposal and the effect (if any) of these 

additional series on market 

fragmentation and on the capacity of the 

Exchange’s automated systems. While 

this proposal may increase the number 

of strike intervals listed on ISE, the 

amount of additional strike intervals 

added should be insignificant. 

Implementation 

Provided this rule change is 

approved, the Exchange proposes to 

implement this rule change on or before 

August 1, 2022. The Exchange will issue 

an Options Trader Alert to notify 

Members of the implementation date. 

2. Statutory Basis 

The Exchange believes that its 

proposal is consistent with Section 6(b) 

of the Act,13 in general, and furthers the 

objectives of Section 6(b)(5) of the Act,14

in particular, in that it is designed to 

promote just and equitable principles of 

trade, 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. 

Specifically, the Exchange believes the 

proposed rule change is consistent with 

the Section 6(b)(5) 15 requirements that 

the rules of an exchange be 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 regulating, clearing, 

settling, processing information with 

respect to, and facilitation 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. 

Additionally, the Exchange believes the 

proposed rule change is consistent with 

the Section 6(b)(5) 16 requirement that 

the rules of an exchange not be designed 

to permit unfair discrimination between 

customers, issuers, brokers, or dealers. 

In particular, the Exchange does not 

believe that the addition of NDXP 

options with Tuesday and Thursday 

expirations to the Pilot Program will 

raise any prohibitive regulatory 

concerns, nor adversely impact fair and 

orderly markets on expiration days. The 

Exchange has not experienced any 

meaningful regulatory concerns, nor 

adverse impact on fair and orderly 

markets, in connection with the Pilot 

Program that has permitted the listing 

and trading of NDXP options with 

Monday, Wednesday and Friday 

expirations since 2018. Particularly, and 

as described above, the Exchange does 

not believe increases in the number 

P.M.-settled NDX options series will 

have any significant adverse economic 

impact on the futures, index, or 

underlying index component securities 

markets. The Exchange believes that the 

proposed rule change will provide 

investors with greater trading and 

hedging opportunities and flexibility, 

allowing them to transact in NDXP 

options in a manner more aligned with 

specific timing needs and more 

effectively tailor their investment and 

hedging objectives by listing NDXP 

options that expire each trading day of 

the week. 

The Exchange notes also that it will 

include analysis in connection with 

NDXP options that expire on Tuesdays 

and Thursdays, in the same manner that 

it currently does for other Pilot Program 

products, as well as the additional 

market quality data as described above, 

in either a permanency proposal or in 

an annual report it submits to the 

Commission, and will provide the 

Commission with any additional data or 

analyses that it may request if it deems 

such data or analyses necessary to 

determine whether the Pilot Program, 

including NDXP options with Tuesday 

and Thursday expirations as proposed, 

is consistent with the Exchange Act. 

The Exchange represents that it 

believes that it has the necessary 

systems capacity to support any 

additional traffic associated with trading 

of NDXP options with Tuesday and 

Thursday expirations and does not 

believe that its Members will experience 

any capacity issues as a result of this 

proposal. The Exchange will monitor 

the trading volume associated with any 

possible additional options series listed 

and the effect (if any) of these additional 

series on market fragmentation and on 

the capacity of the Exchange’s 

automated systems. The Exchange again 

notes that, as a result of an NDXP 

options strike mitigation initiative 

recently implemented by the Exchange, 

the number of NDXP options series 

listed on the Exchange once Tuesday 

and Thursday expirations become 

available will be less than the number 

of such series that were listed prior to 

the implementation of the strike 

mitigation initiative. 


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Federal Register / Vol. 87, No. 118 / Tuesday, June 21, 2022 / Notices 36897 

17 See supra note 4. 18 17 CFR 200.30–3(a)(12). 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act. The 

Exchange does not believe that the 

proposed rule change will impose any 

burden on intra-market competition that 

is not necessary or appropriate in 

furtherance of the purposes of the Act 

because NDXP options with Tuesday 

and Thursday expirations will be 

available to all market participants. By 

listing NDXP options that expire 

Tuesdays and Thursdays, the proposed 

rule change will provide all investors 

that participate in the NDX options 

market greater trading and hedging 

opportunities and flexibility to meet 

their investment and hedging needs. 

Additionally, Tuesday and Thursday 

expiring NDXP options will trade in the 

same manner as Weekly Expirations 

currently trade. The Exchange does not 

believe that the proposal to list NDXP 

options with Tuesday and Thursday 

expirations will impose any burden on 

inter-market competition that is not 

necessary or appropriate in furtherance 

of the purposes of the Act because NDX 

options (including NDXP options) are 

proprietary Exchange products. Also, 

Cboe similarly lists Tuesday and 

Thursday options within their nonstandard program.17 To the extent that 

the addition of NDXP options that 

expire on Tuesdays and Thursdays 

available for trading on the Exchange 

makes the Exchange a more attractive 

marketplace to market participants at 

other exchanges, such market 

participants are free to elect to become 

market participants on the Exchange. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were either 

solicited or received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Within 45 days of the date of 

publication of this notice in the Federal 

Register 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 will: 

(A) by order approve or disapprove 

the proposed rule change, or 

(B) institute proceedings to determine 

whether the proposed rule change 

should be 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– 

ISE–2022–13 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–ISE–2022–13. 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/ 

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–ISE–2022–13, and should 

be submitted on or before July 12, 2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.18

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–13149 Filed 6–17–22; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: 2:00 p.m. on Thursday, 

June 23, 2022. 

PLACE: The meeting will be held via 

remote means and/or at the 

Commission’s headquarters, 100 F 

Street NE, Washington, DC 20549. 

STATUS: This meeting will be closed to 

the public. 

MATTERS TO BE CONSIDERED: 

Commissioners, Counsel to the 

Commissioners, the Secretary to the 

Commission, and recording secretaries 

will attend the closed meeting. Certain 

staff members who have an interest in 

the matters also may be present. 

In the event that the time, date, or 

location of this meeting changes, an 

announcement of the change, along with 

the new time, date, and/or place of the 

meeting will be posted on the 

Commission’s website at https://

www.sec.gov. 

The General Counsel of the 

Commission, or his designee, has 

certified that, in his opinion, one or 

more of the exemptions set forth in 5 

U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) 

and (10) and 17 CFR 200.402(a)(3), 

(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and 

(a)(10), permit consideration of the 

scheduled matters at the closed meeting. 

The subject matter of the closed 

meeting will consist of the following 

topics: 

Institution and settlement of injunctive 

actions; 

Institution and settlement of administrative 

proceedings; 

Resolution of litigation claims; and 

Other matters relating to examinations and 

enforcement proceedings. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting agenda items that 

may consist of adjudicatory, 

examination, litigation, or regulatory 

matters. 

CONTACT PERSON FOR MORE INFORMATION: 

For further information; please contact 

Vanessa A. Countryman from the Office 

of the Secretary at (202) 551–5400. 

Authority: 5 U.S.C. 552b. 


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