87 FR 27 pgs. 7518-7519 - Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Amend Rule 25.3, Which Governs the Exchange's Minor Rule Violation Plan, in Connection With Certain Minor Rule Violations and Applicable Fines

Type: NOTICEVolume: 87Number: 27Pages: 7518 - 7519
Docket number: [Release No. 34-94142; File No. SR-CboeBZX-2021-083]
FR document: [FR Doc. 2022-02668 Filed 2-8-22; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version:  PDF Version
Pages: 7518, 7519

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94142; File No. SR-CboeBZX-2021-083]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Amend Rule 25.3, Which Governs the Exchange's Minor Rule Violation Plan, in Connection With Certain Minor Rule Violations and Applicable Fines

February 3, 2022.

On December 6, 2021, Cboe BZX Exchange, Inc. ("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 amend Rule 25.3, which governs the Exchange's Minor Rule Violation Plan, in connection with certain minor rule violations and applicable fines. The proposed rule change was published for comment in the Federal Register on December 23, 2021. 3

Footnotes:

1 ?15 U.S.C. 78s(b)(1).

2 ?17 CFR 240.19b-4.

3 ? See Securities Exchange Act Release No. 93834 (December 20, 2021), 86 FR 73072. Comment received on the proposed rule change is available at: https://www.sec.gov/comments/sr-cboebzx-2021-083/srcboebzx2021083.htm.


[top] 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 page 7519 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 February 6, 2022.

Footnotes:

4 ?15 U.S.C. 78s(b)(2).

The Commission is extending the 45-day time period for Commission action on the proposed rule change. 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 March 23, 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-2021-083).

Footnotes:

5 ?15 U.S.C. 78s(b)(2).

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority. 6

Footnotes:

6 ?17 CFR 200.30-3(a)(31).

J. Matthew DeLesDernier,

Assistant Secretary.

[FR Doc. 2022-02668 Filed 2-8-22; 8:45 am]

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