Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Amend BZX Rule 14.11(c) (Index Fund Shares), 67785 [2018-28379]
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Federal Register / Vol. 83, No. 249 / Monday, December 31, 2018 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.32
Brent J. Fields,
Secretary.
[FR Doc. 2018–28378 Filed 12–28–18; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–84948; File No. SRCboeBZX–2018–044]
Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of
Designation of a Longer Period for
Commission Action on Proceedings To
Determine Whether To Approve or
Disapprove a Proposed Rule Change,
as Modified by Amendment No. 1, To
Amend BZX Rule 14.11(c) (Index Fund
Shares)
December 21, 2018.
khammond on DSK30JT082PROD with NOTICES
On June 21, 2018, 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 amend BZX Rule 14.11(c) to
permit either the portfolio holdings of a
series of Index Fund Shares or the index
underlying a series of Index Fund
Shares to satisfy the listing standards
under BZX Rules 14.11(c)(3), (4), and
(5). The proposed rule change was
published for comment in the Federal
Register on July 11, 2018.3 On August
23, 2018, pursuant to Section 19(b)(2) of
the Act,4 the Commission designated a
longer period within which to approve
the proposed rule change, disapprove
the proposed rule change, or institute
proceedings to determine whether to
approve or disapprove the proposed
rule change.5 On September 28, 2018,
the Exchange filed Amendment No. 1 to
the proposed rule change, which
amended and replaced the proposed
rule change as originally filed. On
October 5, 2018, the Commission
published notice of Amendment No. 1
and instituted proceedings pursuant to
Section 19(b)(2)(B) of the Act 6 to
determine whether to approve or
disapprove the proposed rule change, as
32 17
CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Securities Exchange Act Release No. 83594
(July 5, 2018), 83 FR 32158.
4 15 U.S.C. 78s(b)(2).
5 See Securities Exchange Act Release No. 83919,
83 FR 44083 (August 29, 2018).
6 15 U.S.C. 78s(b)(2)(B).
VerDate Sep<11>2014
16:24 Dec 28, 2018
Jkt 247001
67785
modified by Amendment No. 1.7 The
Commission has received one comment
letter on the proposed rule change.8
Section 19(b)(2) of the Act 9 provides
that, after initiating disapproval
proceedings, the Commission shall issue
an order approving or disapproving the
proposed rule change not later than 180
days after the date of publication of
notice of filing of the proposed rule
change. The Commission may extend
the period for issuing an order
approving or disapproving the proposed
rule change, however, by not more than
60 days if the Commission determines
that a longer period is appropriate and
publishes the reasons for such
determination. The proposed rule
change was published for notice and
comment in the Federal Register on July
11, 2018. January 7, 2019 is 180 days
from that date, and March 8, 2019 is 240
days from that date.
The Commission finds it appropriate
to designate a longer period within
which to issue an order approving or
disapproving the proposed rule change
so that it has sufficient time to consider
the proposed rule change, as modified
by Amendment No. 1. Accordingly, the
Commission, pursuant to Section
19(b)(2) of the Act,10 designates March
8, 2019 as the date by which the
Commission shall either approve or
disapprove the proposed rule change, as
modified by Amendment No. 1 (File No.
SR–CboeBZX–2018–044).
SECURITIES AND EXCHANGE
COMMISSION
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
Brent J. Fields,
Secretary.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant aspects of such
statements.
[FR Doc. 2018–28379 Filed 12–28–18; 8:45 am]
BILLING CODE 8011–01–P
7 See Securities Exchange Act Release No. 84378,
83 FR 51745 (October 12, 2018).
8 See letter from Kyle Murray, Assistant General
Counsel, Cboe Global Markets, Inc. to Brent J.
Fields, Secretary, Commission, dated November 16,
2018.
9 15 U.S.C. 78s(b)(2).
10 Id.
11 17 CFR 200.30–3(a)(57).
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
[Release No. 34–84929; File No. SR–
CboeEDGX–2018–060]
Self-Regulatory Organizations; Cboe
EDGX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change Relating To
Discontinue Bulk Order Functionality
and Implement Bulk Message
Functionality, and Make Other
Nonsubstantive Changes
December 21, 2018.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on December
13, 2018, Cboe EDGX Exchange, Inc.
(the ‘‘Exchange’’ or ‘‘EDGX’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the Exchange. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The text of the proposed rule change
is also available on the Exchange’s
website (https://www.cboe.com/
AboutCBOE/CBOELegalRegulatory
Home.aspx), at the Exchange’s Office of
the Secretary, and at the Commission’s
Public Reference Room.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
In 2016, the Exchange’s parent
company, Cboe Global Markets, Inc.
(‘‘Cboe Global’’), which is the parent
1 15
2 17
E:\FR\FM\31DEN1.SGM
U.S.C. 78s(b)(1).
CFR 240.19b–4.
31DEN1
Agencies
[Federal Register Volume 83, Number 249 (Monday, December 31, 2018)]
[Notices]
[Page 67785]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-28379]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-84948; File No. SR-CboeBZX-2018-044]
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of
Designation of a Longer Period for Commission Action on Proceedings To
Determine Whether To Approve or Disapprove a Proposed Rule Change, as
Modified by Amendment No. 1, To Amend BZX Rule 14.11(c) (Index Fund
Shares)
December 21, 2018.
On June 21, 2018, 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
amend BZX Rule 14.11(c) to permit either the portfolio holdings of a
series of Index Fund Shares or the index underlying a series of Index
Fund Shares to satisfy the listing standards under BZX Rules
14.11(c)(3), (4), and (5). The proposed rule change was published for
comment in the Federal Register on July 11, 2018.\3\ On August 23,
2018, pursuant to Section 19(b)(2) of the Act,\4\ the Commission
designated a longer period within which to approve the proposed rule
change, disapprove the proposed rule change, or institute proceedings
to determine whether to approve or disapprove the proposed rule
change.\5\ On September 28, 2018, the Exchange filed Amendment No. 1 to
the proposed rule change, which amended and replaced the proposed rule
change as originally filed. On October 5, 2018, the Commission
published notice of Amendment No. 1 and instituted proceedings pursuant
to Section 19(b)(2)(B) of the Act \6\ to determine whether to approve
or disapprove the proposed rule change, as modified by Amendment No.
1.\7\ The Commission has received one comment letter on the proposed
rule change.\8\
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 83594 (July 5,
2018), 83 FR 32158.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 83919, 83 FR 44083
(August 29, 2018).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 84378, 83 FR 51745
(October 12, 2018).
\8\ See letter from Kyle Murray, Assistant General Counsel, Cboe
Global Markets, Inc. to Brent J. Fields, Secretary, Commission,
dated November 16, 2018.
---------------------------------------------------------------------------
Section 19(b)(2) of the Act \9\ provides that, after initiating
disapproval proceedings, the Commission shall issue an order approving
or disapproving the proposed rule change not later than 180 days after
the date of publication of notice of filing of the proposed rule
change. The Commission may extend the period for issuing an order
approving or disapproving the proposed rule change, however, by not
more than 60 days if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination. The
proposed rule change was published for notice and comment in the
Federal Register on July 11, 2018. January 7, 2019 is 180 days from
that date, and March 8, 2019 is 240 days from that date.
---------------------------------------------------------------------------
\9\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
The Commission finds it appropriate to designate a longer period
within which to issue an order approving or disapproving the proposed
rule change so that it has sufficient time to consider the proposed
rule change, as modified by Amendment No. 1. Accordingly, the
Commission, pursuant to Section 19(b)(2) of the Act,\10\ designates
March 8, 2019 as the date by which the Commission shall either approve
or disapprove the proposed rule change, as modified by Amendment No. 1
(File No. SR-CboeBZX-2018-044).
---------------------------------------------------------------------------
\10\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
---------------------------------------------------------------------------
\11\ 17 CFR 200.30-3(a)(57).
---------------------------------------------------------------------------
Brent J. Fields,
Secretary.
[FR Doc. 2018-28379 Filed 12-28-18; 8:45 am]
BILLING CODE 8011-01-P