Document ID: SEC-2014-1804-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Chicago Board Options Exchange, Inc.
Posted Date: 2014-10-28T04:00Z

[Federal Register Volume 79, Number 208 (Tuesday, October 28, 2014)]
[Notices]
[Page 64240]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-25548]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73409; File No. SR-CBOE-2014-015]

Self-Regulatory Organizations; Chicago Board Options Exchange, 
Incorporated; Notice of Designation of a Longer Period for Commission 
Action on a Proposed Rule Change Relating to Complex Orders

October 22, 2014.
    On August 19, 2014, 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 (``Act'') \1\ and Rule 19b-4 
thereunder,\2\ a proposed rule change amending its rules relating to 
complex orders. The proposed rule change was published in the Federal 
Register on September 8, 2014.\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. 72957 (September 2, 
2014), 79 FR 53230.
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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 for this filing is October 23, 2014. 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 this proposed rule change. The proposed 
rule change, if approved, would, among other things, revise the 
definitions of complex orders and establish certain requirements for 
complex orders traded in open outcry to be eligible for complex order 
priority.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates December 5, 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-2014-015).
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    \5\ 15 U.S.C. 78s(b)(2).

    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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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-25548 Filed 10-27-14; 8:45 am]
BILLING CODE 8011-01-P