Document ID: SEC-2019-0598-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Cboe EDGX Exchange, Inc.
Posted Date: 2019-05-02T04:00Z

[Federal Register Volume 84, Number 85 (Thursday, May 2, 2019)]
[Notices]
[Pages 18907-18908]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-08920]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-85734; File No. SR-CboeEDGX-2019-009]

Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice 
of Designation of Longer Period for Commission Action on Proposed Rule 
Change, as Modified by Amendment No. 1, To Adopt Rule 21.21 
(Solicitation Auction Mechanism)

April 26, 2019.
    On February 21, 2019, Cboe EDGX Exchange, Inc. (the ``Exchange'') 
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 
adopt Rule 21.21, the Solicitation Auction Mechanism, a solicited order 
mechanism for larger-sized orders. The proposed rule change was 
published for comment in the Federal Register on March 12, 2019.\3\ On 
April 23, 2019, the Exchange filed Amendment No. 1 to the proposed rule 
change.\4\ The Commission has received no comments on the proposal.
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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. 85253 (March 6, 
2019), 84 FR 8921.
    \4\ Amendment No. 1 revises the proposal to (1) correct minor 
technical errors in the description of the proposed rule change; (2) 
remove an inadvertent description of an amendment to Exchange Rule 
22.12, which the Exchange does not propose to amend in the proposal; 
and (3) update the Exchange's description of the proposed rule 
change's consistency with Section 11(a) of the Act. Amendment No. 1 
is available at https://www.sec.gov/comments/sr-cboeedgx-2019-009/srcboeedgx2019009-5405908-184490.pdf.

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[[Page 18908]]

    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 
45th day for this filing is April 26, 2019.
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    \5\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change, as modified by Amendment No. 1. 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, as modified by 
Amendment No. 1.
    Accordingly, pursuant to Section 19(b)(2) of the Act,\6\ the 
Commission designates June 10, 2019, as the date by which the 
Commission shall either approve or disapprove, or institute proceedings 
to determine whether to disapprove, the proposed rule change, as 
modified by Amendment No. 1 (File No. SR-CboeEDGX-2019-009).
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    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
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    \7\ 17 CFR 200.30-3(a)(31).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019-08920 Filed 5-1-19; 8:45 am]
 BILLING CODE 8011-01-P