Self-Regulatory Organizations; MEMX LLC; Notice of Withdrawal of a Proposed Rule Change To Amend Its Fee Schedule To Adopt Market Data Fees, 48051 [2022-16765]
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Federal Register / Vol. 87, No. 150 / Friday, August 5, 2022 / Notices
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Dated: August 1, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–16846 Filed 8–4–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–95400; File No. SR–MEMX–
2022–14]
lotter on DSK11XQN23PROD with NOTICES1
Self-Regulatory Organizations; MEMX
LLC; Notice of Withdrawal of a
Proposed Rule Change To Amend Its
Fee Schedule To Adopt Market Data
Fees
On May 23, 2022, MEMX LLC
(‘‘MEMX’’) filed with the Securities and
Exchange Commission (‘‘Commission’’),
pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 1 and
Rule 19b–4 thereunder,2 a proposed rule
change to amend its Fee Schedule to
adopt fees for its market data products.
The proposed rule change was
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Sep<11>2014
17:20 Aug 04, 2022
Jkt 256001
immediately effective upon filing with
the Commission pursuant to Section
19(b)(3)(A) of the Act.3 The proposed
rule change was published for comment
in the Federal Register on June 9, 2022.4
On July 21, 2022, MEMX withdrew the
proposed rule change (SR–MEMX–
2022–14).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.5
Dated: August 1, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022–16765 Filed 8–4–22; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–95406; File No. SR–
CboeBZX–2022–042]
Self-Regulatory Organizations; Cboe
BZX Exchange, Inc.; Notice of Filing
and Immediate Effectiveness of a
Proposed Rule Change To Amend Rule
19.6
August 1, 2022.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on August 1,
2022, Cboe BZX Exchange, Inc.
(‘‘Exchange’’ or ‘‘BZX’’) 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 Exchange filed the
proposal as a ‘‘non-controversial’’
proposed rule change pursuant to
Section 19(b)(3)(A)(iii) of the Act 3 and
Rule 19b–4(f)(6) thereunder.4 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
Cboe BZX Exchange, Inc. (the
‘‘Exchange’’ or ‘‘BZX Options’’)
proposes to amend Rule 19.6. The text
3 15 U.S.C. 78s(b)(3)(A). A proposed rule change
may take effect upon filing with the Commission if
it is designated by the exchange as ‘‘establishing or
changing a due, fee, or other charge imposed by the
self-regulatory organization on any person, whether
or not the person is a member of the self-regulatory
organization.’’ 15 U.S.C. 78s(b)(3)(A)(ii).
4 See Securities Exchange Act Release No. 95036
(June 3, 2022), 87 FR 35252.
5 17 CFR 200.30–3(a)(12).
1 15 U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
PO 00000
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48051
of the proposed rule change is provided
in Exhibit 5.
The text of the proposed rule change
is also available on the Exchange’s
website (https://markets.cboe.com/us/
equities/regulation/rule_filings/bzx/), at
the Exchange’s Office of the Secretary,
and at the Commission’s Public
Reference Room.
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.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The proposed rule change amends
Rule 19.6, Interpretation and Policy .05.
Specifically, the Exchange proposes to
amend Rule 19.6, Interpretation and
Policy .05(f) to account for conflicts
between different provisions within the
Short Term Option Series Rules, extend
current $0.50 strike price intervals in
equity options to short term options
with strike prices less than $100, and
make other clarifying changes.
In 2021, the Exchange amended Rule
19.6, Interpretation and Policy .05 to
limit the intervals between strikes in
equity options listed as part of the Short
Term Option Series Program, excluding
Exchange-Traded Fund Shares and
ETNs, that have an expiration date more
than twenty-one days from the listing
date (‘‘Strike Interval Proposal’’).5 The
Strike Interval Proposal adopted new
paragraph (f), which included a table
that intended to specify the applicable
strike intervals that would supersede
subparagraph (e) 6 for Short Term
Option Series in equity options,
excluding options on exchange-traded
5 See Securities Exchange Act Release No. 91455
(April 1, 2021), 86 FR 18099 (April 7, 2021) (SR–
CboeBZX–2021–022).
6 Rule 19.6, Interpretation and Policy .05(e) states
if a class does not trade in $1 strike price intervals,
the strike price interval for Short Term Option
Series may be (i) $0.50 or greater where the strike
price is less than $75; (ii) $1.00 or greater where the
strike price is between $75 and $150; or (iii) $2.50
or greater for strike prices greater than $150.
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Agencies
[Federal Register Volume 87, Number 150 (Friday, August 5, 2022)]
[Notices]
[Page 48051]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-16765]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-95400; File No. SR-MEMX-2022-14]
Self-Regulatory Organizations; MEMX LLC; Notice of Withdrawal of
a Proposed Rule Change To Amend Its Fee Schedule To Adopt Market Data
Fees
On May 23, 2022, MEMX LLC (``MEMX'') filed with the Securities and
Exchange Commission (``Commission''), pursuant to Section 19(b)(1) of
the Securities Exchange Act of 1934 \1\ and Rule 19b-4 thereunder,\2\ a
proposed rule change to amend its Fee Schedule to adopt fees for its
market data products. The proposed rule change was immediately
effective upon filing with the Commission pursuant to Section
19(b)(3)(A) of the Act.\3\ The proposed rule change was published for
comment in the Federal Register on June 9, 2022.\4\ On July 21, 2022,
MEMX withdrew the proposed rule change (SR-MEMX-2022-14).
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A). A proposed rule change may take
effect upon filing with the Commission if it is designated by the
exchange as ``establishing or changing a due, fee, or other charge
imposed by the self-regulatory organization on any person, whether
or not the person is a member of the self-regulatory organization.''
15 U.S.C. 78s(b)(3)(A)(ii).
\4\ See Securities Exchange Act Release No. 95036 (June 3,
2022), 87 FR 35252.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\5\
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\5\ 17 CFR 200.30-3(a)(12).
Dated: August 1, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-16765 Filed 8-4-22; 8:45 am]
BILLING CODE 8011-01-P