Document ID: SEC-2019-0622-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe BZX Exchange, Inc.
Posted Date: 2019-05-09T04:00Z

[Federal Register Volume 84, Number 90 (Thursday, May 9, 2019)]
[Notices]
[Pages 20453-20454]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-09509]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85766; File No. SR-CboeBZX-2019-015]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To List and Trade Units of Each of (i) Cboe Vest S&P 500[supreg] 
Buffer Enhanced Growth Protect Strategy ETNs; (ii) Cboe Vest S&P 
500[supreg] Enhanced Growth Strategy ETNs; (iii) Cboe Vest S&P 
500[supreg] Accelerated Return Strategy ETNs; and (iv) Cboe Vest S&P 
500[supreg] Power Buffer Strategy ETNs Under Rule 14.11(d), Equity 
Index-Linked Securities

May 3, 2019.
    On March 4, 2019, Cboe BZX Exchange, Inc. (``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 change to 
list and trade units of each of (i) the Cboe Vest S&P 500[supreg] 
Buffer Enhanced Growth Protect Strategy ETNs; (ii) the Cboe Vest S&P 
500[supreg] Enhanced Growth Strategy ETNs; (iii) the Cboe Vest S&P 
500[supreg] Accelerated Return Strategy ETNs; and (iv) the Cboe Vest 
S&P 500[supreg] Power Buffer Strategy ETNs under BZX Rule 14.11(d), 
which governs the listing and trading of Equity Index-Linked Securities 
on the Exchange. The proposed rule change was published for comment in 
the Federal Register on March 22, 2019.\3\ 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. 85347 (Mar. 18, 
2019), 84 FR 10863.
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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,

[[Page 20454]]

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 May 6, 2019. 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 June 
20, 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-CboeBZX-2019-015).
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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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Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-09509 Filed 5-8-19; 8:45 am]
BILLING CODE 8011-01-P