Document ID: SEC-2020-1858-0001
Agency: sec
Document Type: Notice
Title: Order: Cboe Exchange, Inc.
Posted Date: 2020-11-19T05:00Z

[Federal Register Volume 85, Number 224 (Thursday, November 19, 2020)]
[Notices]
[Page 73825]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-25505]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-90427/November 13, 2020]

Securities Exchange Act of 1934

In the Matter of: Cboe Exchange, Inc., 400 South LaSalle Street, 
Chicago, IL 60605, File No. SR-CBOE-2018-060; Order Setting Aside the 
Order by Delegated Authority Approving SR-CBOE-2018-060

    On August 16, 2018, Cboe Exchange, Inc. (``Exchange'' or ``Cboe'') 
filed with the Securities and Exchange Commission (``Commission''), 
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Exchange Act'') \1\ and Rule 19b-4 thereunder,\2\ a proposed rule 
change to amend Rule 6.49A (Transfer of Positions). The proposed rule 
change was published for comment in the Federal Register on September 
4, 2018.\3\ The Commission received no comments during the comment 
period.\4\ On October 16, 2018, the Division of Trading and Markets, 
for the Commission pursuant to delegated authority,\5\ approved the 
proposed rule change.\6\
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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. 83968 (August 28, 
2018), 83 FR 44938 (September 4, 2018) (SR-CBOE-2018-060).
    \4\ Susquehanna International Group, LLP submitted a comment 
letter on October 19, 2018, three days after approval of the 
proposed rule change pursuant to delegated authority. See Letter 
from Richard J. McDonald, Regulatory Affairs, Susquehanna 
International Group, LLP, to Brent J. Fields, Secretary, Commission, 
dated October 19, 2018.
    \5\ 17 CFR 200.30-3(a)(12).
    \6\ See Securities Exchange Act Release No. 84437 (October 16, 
2018), 83 FR 53336 (October 22, 2018) (SR-CBOE-2018-060) 
(``Delegated Order'').
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    On October 23, 2018, Susquehanna International Group, LLP submitted 
a notice of intention to petition the Delegated Order,\7\ and on 
October 30, 2018, Susquehanna International Group, LLP filed a petition 
for review of the Delegated Order.\8\
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    \7\ See Letter from Joseph C. Lombard, Murphy & McGonigle, as 
Counsel for Susquehanna International Group, LLP, to Brent J. 
Fields, Secretary, Commission, dated October 23, 2018, available at 
https://www.sec.gov/rules/sro/cboe/2018/srcboe2018060-intention-to-petition.pdf.
    \8\ See In the Matter of the Petition of Susquehanna 
International Group, LLP (Petition for Review of Order Entered 
Pursuant to Delegated Authority Approving Amendments to Rule 6.49A 
by Cboe Exchange, Inc.) (October 30, 2018), available at https://www.sec.gov/rules/sro/cboe/2018/srcboe2018060-petition.pdf.
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    On February 11, 2019, Cboe withdrew the proposed rule change (SR-
CBOE-2018-060).\9\
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    \9\ See Letter from Laura G. Dickman, Vice President, Associate 
General Counsel, Cboe Exchange, Inc., to Eduardo A. Aleman, 
Assistant Secretary, Commission, dated February 11, 2019, available 
at https://www.sec.gov/rules/sro/cboe/2019/cboe-2018-060-withdrawal.pdf.
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    Under Commission Rule of Practice 431(a), the Commission may 
``affirm, reverse, modify, set aside or remand for further proceedings, 
in whole or in part, any action made pursuant to'' delegated 
authority.\10\ We find that, in light of Cboe's withdrawal of the 
proposed rule change, it is appropriate to set aside the Delegated 
Order.
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    \10\ 17 CFR 201.431(a).
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    Accordingly, it is ordered that the October 16, 2018 order 
approving by delegated authority Cboe's proposed rule change number SR-
CBOE-2018-060, be, and it hereby is, set aside.

    By the Commission.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-25505 Filed 11-18-20; 8:45 am]
BILLING CODE 8011-01-P