Document ID: SEC-2019-1507-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe Exchange, Inc.
Posted Date: 2019-10-17T04:00Z

[Federal Register Volume 84, Number 201 (Thursday, October 17, 2019)]
[Notices]
[Pages 55643-55644]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-22701]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-87291; File No. SR-CBOE-2019-049]

Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1, To Make Permanent Certain 
Options Market Rules That Are Linked to the Equity Market Plan To 
Address Extraordinary Market Volatility

October 11, 2019.
    On August 21, 2019, Cboe 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 make permanent 
certain options market rules that are linked to the equity

[[Page 55644]]

market Plan to Address Extraordinary Market Volatility. The proposed 
rule change was published for comment in the Federal Register on August 
29, 2019.\3\ On October 10, 2019, the Exchange filed Amendment No. 1 to 
the proposed rule change.\4\ The Commission has received no comment 
letters 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. 86744 (August 23, 
2019), 84 FR 45565.
    \4\ In Amendment No. 1, the Exchange revised the proposed rule 
text to reflect rule numbering and organizational changes enacted by 
separate proposed rule changes that became effective while the 
instant proposal was pending before the Commission.
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    Section 19(b)(2) of the Act \5\ 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 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 October 13, 2019.
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    \5\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. 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, as modified by Amendment No. 1. Accordingly, 
pursuant to Section 19(b)(2) of the Act,\6\ the Commission designates 
October 18, 2019, 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-CBOE-2019-049), as 
modified by Amendment No. 1.
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    \6\ Id.
    \7\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-22701 Filed 10-16-19; 8:45 am]
BILLING CODE 8011-01-P