Document ID: SEC-2021-0436-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe BZX Exchange, Inc.
Posted Date: 2021-03-30T04:00Z

[Federal Register Volume 86, Number 59 (Tuesday, March 30, 2021)]
[Notices]
[Pages 16650-16651]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-06466]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-91398; File No. SR-CboeBZX-2021-014]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Designation of a Longer Period for Commission Action on a Proposed Rule 
Change To Allow the Invesco Focused Discovery Growth ETF and Invesco 
Select Growth ETF To Strike and Publish Multiple Intra-Day Net Asset 
Values

March 24, 2021.
    On January 22, 2021, the 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 allow the 
Invesco Focused Discovery Growth ETF and Invesco Select Growth ETF to 
strike and publish multiple intra-day net asset values. The proposed 
rule change was published for comment in the Federal Register on 
February 10, 2021.\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. 91064 (February 4, 
2021), 86 FR 8935.
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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 propose 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 published 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 the proposed rule change 
is March 27, 2021. The Commission is extending this 45-day period.
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    \4\ 15 U.S.C. 78s(b)(2).
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    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. 
Accordingly, pursuant to Section 19(b)(2) of the Act,\5\ the Commission 
designates May 11, 2021, as the date by which the Commission shall 
either approve or disapprove, or institute proceedings to determine 
whether to approve or disapprove, the proposed rule change (File No. 
SR-CboeBZX-2021-014).
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    \5\ 15 U.S.C. 78s(b)(2).

[[Page 16651]]

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    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. 2021-06466 Filed 3-29-21; 8:45 am]
BILLING CODE 8011-01-P