Document ID: SEC-2021-0218-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: BOX Exchange, LLC
Posted Date: 2021-02-12T05:00Z

[Federal Register Volume 86, Number 28 (Friday, February 12, 2021)]
[Notices]
[Page 9403]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02866]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-91077; File No. SR-BOX-2020-38]

Self-Regulatory Organizations; BOX Exchange LLC; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Amend BOX Rule 7620 (Accommodation Transactions)

February 8, 2021.
    On December 10, 2020, BOX Exchange LLC (``BOX'' 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 BOX Rule 7620 (Accommodation Transactions) to allow Floor Brokers 
to enter opening cabinet orders on behalf of customers and floor market 
makers, and codify that cabinet orders will execute in open outcry 
pursuant to the BOX Rule 7600 series. The proposed rule change was 
published for comment in the Federal Register on December 30, 2020.\3\ 
The Commission received no comments 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. 90792 (December 23, 
2020), 85 FR 86610.
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    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 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 February 13, 2021. The Commission is extending this 45-day time 
period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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 30, 2021 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-BOX-2020-38).
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    \5\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-02866 Filed 2-11-21; 8:45 am]
BILLING CODE 8011-01-P