Notice2024-15501
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Amend the Exchange's Rules Relating to Position and Exercise Limits
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
July 16, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 136 (Tuesday, July 16, 2024)</title>
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[Federal Register Volume 89, Number 136 (Tuesday, July 16, 2024)]
[Notices]
[Page 57960]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15501]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100487; File No. SR-CBOE-2023-063]
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of
Withdrawal of a Proposed Rule Change To Amend the Exchange's Rules
Relating to Position and Exercise Limits
July 10, 2024.
On November 29, 2023, Cboe Exchange, Inc. (the ``Exchange'' or
``Cboe'') filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) of the Securities
Exchange Act of 1934 (the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ a
proposed rule change to amend its rules relating to position and
exercise limits. The proposed rule change was published for comment in
the Federal Register on December 14, 2023.\3\ The Commission has
received three comment letters regarding the proposed rule change.\4\
On January 23, 2024, pursuant to Section 19(b)(2) of the Act,\5\ 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.\6\
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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. 99119 (Dec. 8,
2023), 88 FR 86701.
\4\ See letters from: Ellen Greene, Managing Director, Equity
and Options Market Structure, Securities Industry and Financial
Management Association (``SIFMA''), dated January 26, 2024; and
Ji[rcaron][iacute] Kr[oacute]l, Deputy CEO, Global Head of
Government Affairs, Alternative Investment Management Association
(``AIMA''), dated January 14, 2024; and letter from Jennifer W. Han,
Executive Vice President, Chief Counsel and Head of Global
Regulatory Affairs, Managed Funds Association (``MFA''), dated
January 4, 2024. Comment letters on the proposed rule change are
available at <a href="https://www.sec.gov/comments/sr-cboe-2023-063/srcboe2023063.htm">https://www.sec.gov/comments/sr-cboe-2023-063/srcboe2023063.htm</a>.
\5\ 15 U.S.C. 78s(b)(2).
\6\ See Securities Exchange Act Release No. 99417 (Jan. 23,
2024), 89 FR 5588 (Jan. 29, 2024). The Commission designated March
13, 2024, as the date by which the Commission shall approve or
disapprove, or institute proceedings to determine whether to approve
or disapprove, the proposed rule change.
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On March 12, 2024, the Commission issued an order instituting
proceedings pursuant to Section 19(b)(2)(B) of the Act \7\ to determine
whether to approve or disapprove the proposed rule change.\8\ On June
6, 2024, pursuant to Section 19(b)(2) of the Act,\9\ the Commission
designated a longer period of time within which to determine whether to
approve or disapprove the proposed rule change.\10\ On July 3, 2024,
the Exchange withdrew the proposed rule change (Cboe-2023-063).
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\7\ 15 U.S.C. 78s(b)(2)(B).
\8\ See Securities Exchange Act Release No.99721 (Mar. 12,
2024), 89 FR 19622 (Mar. 19, 2024).
\9\ 15 U.S.C. 78s(b)(2).
\10\ See Securities Exchange Act Release No. 34-100292 (Jun. 6,
2024), 89 FR 49945 (Jun. 12, 2024).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-15501 Filed 7-15-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on July 16, 2024.
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