Document ID: SEC-2018-0252-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe BZX Exchange, Inc.
Posted Date: 2018-02-12T05:00Z

[Federal Register Volume 83, Number 29 (Monday, February 12, 2018)]
[Notices]
[Pages 6071-6072]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-02726]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82643; File No. SR-CboeBZX-2017-012]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change, as Modified by Amendment No. 1, To List and Trade Shares of the 
LHA Market State[supreg] Tactical U.S. Equity ETF, a Series of the ETF 
Series Solutions, Under Rule 14.11(i), Managed Fund Shares

February 6, 2018.
    On December 7, 2017, 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 the shares of the LHA Market 
State[supreg] Tactical U.S. Equity ETF (``Fund'') under BZX Rule 
14.11(i). The proposed rule change was published for comment in the 
Federal

[[Page 6072]]

Register on December 28, 2017.\3\ On January 31, 2018, the Exchange 
filed Amendment No. 1 to the proposed rule change.\4\ 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. 82379 (Dec. 21, 
2017), 82 FR 61608.
    \4\ In Amendment No. 1, which amended and replaced the proposed 
rule change in its entirety, the Exchange: (a) Supplemented the 
description of the Fund's relative exposures to the U.S. equity and 
S&P 500 futures markets; (b) made conforming informational and rule 
reference corrections to maintain internal consistency; (c) updated 
the status of the registration statement for the Fund; (d) clarified 
the use of certain defined terms; and (e) made other technical and 
non-substantive changes. Amendment No. 1 to the proposed rule change 
is available on the Commission's website at: https://www.sec.gov/comments/sr-cboebzx-2017-012/cboebzx2017012.htm.
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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 
Commission is extending this 45-day time period. The Commission finds 
that it is 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.
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    \5\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\6\ designates March 28, 2018, 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-2017-012), as modified by Amendment No. 1.
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    \6\ Id.
    \7\ 17 CFR 200.30-3(a)(31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-02726 Filed 2-9-18; 8:45 am]
 BILLING CODE 8011-01-P