Notice2023-08983
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 1, To Adopt Listing Rules To Require Companies Listed on the Exchange To Develop, Implement, and Disclose a Written Compensation Recovery Policy To Comply With Rule 10D-1 Under the Exchange Act and Make Other Related Changes
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
April 28, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 82 (Friday, April 28, 2023)</title>
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[Federal Register Volume 88, Number 82 (Friday, April 28, 2023)]
[Notices]
[Pages 26369-26370]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-08983]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-97364; File No. SR-CboeBZX-2023-013]
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of
Designation of a Longer Period for Commission Action on Proposed Rule
Change, as Modified by Amendment No. 1, To Adopt Listing Rules To
Require Companies Listed on the Exchange To Develop, Implement, and
Disclose a Written Compensation Recovery Policy To Comply With Rule
10D-1 Under the Exchange Act and Make Other Related Changes
April 24, 2023.
On February 24, 2023, Cboe BZX Exchange, Inc. (the ``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 to adopt listing rules to require companies listed on the
Exchange to develop, implement, and disclose a written compensation
recovery policy to comply with Rule 10D-1 under the Exchange Act. On
March 3, 2023, the Exchange filed Amendment No. 1 to the proposed rule
change, which replaced and superseded the proposed rule change as
originally filed. The proposed rule change, as modified by Amendment
No. 1, was published for comment in the Federal Register on March 15,
2023.\3\ The Commission has received no comments on the proposal, as
modified by Amendment No. 1.
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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. 97099 (March 9,
2023), 88 FR 16051.
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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 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 after publication of the notice for this proposed rule change
is April 29, 2023. The Commission is extending this 45-day time period.
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\4\ 15 U.S.C. 78s(b)(2).
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[[Page 26370]]
The Commission finds it 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, the Commission, pursuant to section
19(b)(2) of the Act,\5\ designates June 13, 2023, 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-CboeBZX-2023-013).
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\5\ 15 U.S.C. 78s(b)(2).
\6\ 17 CFR 200.30-3(a)(31).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-08983 Filed 4-27-23; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on April 28, 2023.
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