Document ID: SEC-2013-2255-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Chicago Board Options Exchange, Inc.
Posted Date: 2013-12-30T05:00Z

[Federal Register Volume 78, Number 250 (Monday, December 30, 2013)]
[Notices]
[Page 79534]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-31133]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71178; File No. SR-CBOE-2013-107]

Self-Regulatory Organizations; Chicago Board Options Exchange, 
Incorporated; Notice of Designation of a Longer Period for Commission 
Action on Proposed Rule Change To Amend Its Rules Regarding Option 
Orders That Include a Stock Component

December 23, 2013.
    On October 31, 2013, the Chicago Board Options Exchange, 
Incorporated (the ``Exchange'' or ``CBOE'') filed with the Securities 
and Exchange Commission (the ``Commission''), pursuant to Section 
19(b)(1) of the Securities Exchange Act of 1934 (the ``Act'') \1\ and 
Rule 19b-4 thereunder,\2\ a proposed rule change to amend CBOE's rules 
regarding option orders that include a stock component. The proposed 
rule change was published for comment in the Federal Register on 
November 19, 2013.\3\ The Commission received two comment letters 
regarding the proposed rule change.\4\
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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. 70857 (November 13, 
2013), 78 FR 69487.
    \4\ See letters to Elizabeth M. Murphy, Secretary, Commission, 
from Manisha Kimmel, Executive Director, Financial Information 
Forum, dated December 10, 2013; and Ellen Greene, Vice President, 
Securities Industry and Financial Markets Association, dated 
December 16, 2013.
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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 for this filing is January 3, 2014. The Commission is 
extending this 45-day time period.
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    \5\ 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 this proposed rule change and the comment 
letters that have been submitted in connection with this proposed rule 
change.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates February 17, 2014, as the date by which the 
Commission should either approve or disapprove, or institute 
proceedings to determine whether to disapprove, the proposed rule 
change (File No. SR-CBOE-2013-107).
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    \6\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-31133 Filed 12-27-13; 8:45 am]
BILLING CODE 8011-01-P