Document ID: SEC-2022-0245-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe BZX Exchange, Inc.
Posted Date: 2022-02-18T05:00Z

[Federal Register Volume 87, Number 34 (Friday, February 18, 2022)]
[Notices]
[Page 9399]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-03494]

[[Page 9399]]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94238; File No. SR-CboeBZX-2021-086]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of Longer Period for Commission Action on Proposed Rule 
Change To Amend the Opening Auction Process Provided Under Rule 
11.23(b)(2)(B)

February 14, 2022.
    On December 21, 2021, Cboe BZX Exchange, Inc. 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 amend the 
Opening Auction process provided under Rule 11.23(b)(2)(B). The 
proposed rule change was published for comment in the Federal Register 
on January 5, 2022.\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. 93888 (December 30, 
2021), 87 FR 532.
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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 after publication of the notice for this proposed rule change 
is February 19, 2022.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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 proposal 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 April 5, 2022, 
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-2021-086).
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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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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03494 Filed 2-17-22; 8:45 am]
BILLING CODE 8011-01-P