Notice2022-16885

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Withdrawal of Proposed Rule Change, as Modified by Amendment No. 2, To Amend the Opening Auction Process Provided Under Rule 11.23(b)(2)(B)

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
August 8, 2022

Issuing agencies

Securities and Exchange Commission

Full Text

<html>
<head>
<title>Federal Register, Volume 87 Issue 151 (Monday, August 8, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 151 (Monday, August 8, 2022)]
[Notices]
[Page 48212]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-16885]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-95409; File No. SR-CboeBZX-2021-086]


Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Withdrawal of Proposed Rule Change, as Modified by Amendment No. 2, To 
Amend the Opening Auction Process Provided Under Rule 11.23(b)(2)(B)

August 2, 2022.
    On December 21, 2021, Cboe BZX Exchange, Inc. (``BZX'' or 
``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 the Opening Auction process under BZX 
Rule 11.23(b)(2)(B). The proposed rule change was published for comment 
in the Federal Register on January 5, 2022.\3\ On February 14, 2022, 
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 disapprove the proposed rule change.\5\ On April 
1, 2022, the Exchange filed Amendment No. 2 to the proposed rule 
change, which amended and superseded the proposed rule change as 
originally filed.\6\ On April 4, 2022, the Commission noticed the 
filing of Amendment No. 2 and instituted proceedings under Section 
19(b)(2)(B) of the Act \7\ to determine whether to approve or 
disapprove the proposed rule change.\8\ On June 29, 2022, the 
Commission designated a longer period within which to issue an order 
approving or disapproving the proposed rule change, as modified by 
Amendment No. 2.\9\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 93888 (December 30, 
2021), 87 FR 532.
    \4\ 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 94238, 87 FR 9399 
(February 18, 2022). The Commission designated April 5, 2022, as the 
date by which the Commission shall approve or disapprove, or 
institute proceedings to determine whether to disapprove, the 
proposed rule change.
    \6\ On March 31, 2022, the Exchange submitted Amendment No. 1 to 
the proposed rule change, and on April 1, 2022, the Exchange 
withdrew Amendment No. 1 to the proposed rule change. Amendment No. 
2 is available on the Commission's website at: <a href="https://www.sec.gov/comments/sr-cboebzx-2021-086/srcboebzx2021086-20122189-278229.pdf">https://www.sec.gov/comments/sr-cboebzx-2021-086/srcboebzx2021086-20122189-278229.pdf</a>.
    \7\ 15 U.S.C. 78s(b)(2)(B).
    \8\ See Securities Exchange Act Release No. 94601, 87 FR 20895 
(April 8, 2022).
    \9\ See Securities Exchange Act Release No. 95175, 87 FR 40294 
(July 6, 2022). The Commission designated September 2, 2022, as the 
date by which the Commission shall either approve or disapprove the 
proposed rule change.
---------------------------------------------------------------------------

    On July 29, 2022, the Exchange withdrew the proposed rule change 
(File No. SR-CboeBZX-2021-086).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
---------------------------------------------------------------------------

    \10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-16885 Filed 8-5-22; 8:45 am]
BILLING CODE 8011-01-P


</pre></body>
</html>
Indexed from Federal Register on August 8, 2022.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.