Document ID: SEC-2023-0462-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe BZX Exchange, Inc.
Posted Date: 2023-04-28T04:00Z

[Federal Register Volume 88, Number 82 (Friday, April 28, 2023)]
[Notices]
[Pages 26369-26370]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-08983]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-97364; File No. SR-CboeBZX-2023-013]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on Proposed Rule 
Change, as Modified by Amendment No. 1, To Adopt Listing Rules To 
Require Companies Listed on the Exchange To Develop, Implement, and 
Disclose a Written Compensation Recovery Policy To Comply With Rule 
10D-1 Under the Exchange Act and Make Other Related Changes

April 24, 2023.
    On February 24, 2023, Cboe BZX Exchange, Inc. (the ``Exchange'' or 
``BZX'') 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 to adopt listing rules to require companies listed on the 
Exchange to develop, implement, and disclose a written compensation 
recovery policy to comply with Rule 10D-1 under the Exchange Act. On 
March 3, 2023, the Exchange filed Amendment No. 1 to the proposed rule 
change, which replaced and superseded the proposed rule change as 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 March 15, 
2023.\3\ The Commission has received no comments on the proposal, as 
modified by Amendment No. 1.
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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. 97099 (March 9, 
2023), 88 FR 16051.
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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 April 29, 2023. 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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[[Page 26370]]

    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, as modified by 
Amendment No. 1. Accordingly, the Commission, pursuant to section 
19(b)(2) of the Act,\5\ designates June 13, 2023, as the date by which 
the Commission shall either approve or disapprove, or institute 
proceedings to determine whether to disapprove, the proposed rule 
change, as modified by Amendment No. 1 (File No. SR-CboeBZX-2023-013).
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    \5\ 15 U.S.C. 78s(b)(2).
    \6\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-08983 Filed 4-27-23; 8:45 am]
BILLING CODE 8011-01-P