Notice2024-15666
Options Price Reporting Authority; Notice of Designation of a Longer Period for Commission Action on a Proposed Amendment To Modify Section 5.2(c)(iii) of the OPRA Plan Relating to Dissemination of Exchange Proprietary Data Information
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 17, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 137 (Wednesday, July 17, 2024)</title>
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[Federal Register Volume 89, Number 137 (Wednesday, July 17, 2024)]
[Notices]
[Page 58212]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15666]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100495; File No. 4-820]
Options Price Reporting Authority; Notice of Designation of a
Longer Period for Commission Action on a Proposed Amendment To Modify
Section 5.2(c)(iii) of the OPRA Plan Relating to Dissemination of
Exchange Proprietary Data Information
July 11, 2024.
On November 8, 2023, the Cboe BZX Exchange, Inc. (``BZX Options''),
Cboe Exchange, Inc. (``Cboe Options''), Cboe C2 Exchange, Inc. (``C2
Options''), and Cboe EDGX Exchange, Inc. (``EDGX Options'')
(collectively, the ``Sponsors'' or ``Cboe'') filed with the Securities
and Exchange Commission (``Commission'') a proposed amendment to the
Plan for Reporting of Consolidated Options Last Sale Reports and
Quotation Information (``OPRA Plan''). The proposed amendment was
published for comment in the Federal Register on January 22, 2024.\1\
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\1\ See Options Price Reporting Authority; Notice of Filing of
Proposed Amendment to Modify Section 5.2(c)(iii) of the OPRA Plan
Relating to Dissemination of Exchange Proprietary Data Information,
Securities Exchange Act Release No. 99345 (Jan. 16, 2024), 89 FR
3963 (Jan. 22, 2024) (``Notice''). Comments received in response to
the Notice can be found on the Commission's website at <a href="https://www.sec.gov/comments/4-820/4-820.htm">https://www.sec.gov/comments/4-820/4-820.htm</a>.
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On April 19, 2024, the Commission instituted proceedings pursuant
to Rule 608(b)(2)(i) of Regulation NMS \2\ under the Exchange Act to
determine whether to approve or disapprove the proposed amendment or to
approve the proposed amendment with any changes or subject to any
conditions the Commission deems necessary or appropriate after
considering public comment.\3\ Rule 608(b)(2)(i) of Regulation NMS
provides that such proceedings shall be concluded within 180 days of
the date of publication of notice of the plan or amendment and that the
time for conclusion of such proceedings may be extended for up to 60
days (up to 240 days from the date of publication of notice of the plan
or amendment) if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination or the
plan participants consent to a longer period.\4\ The 180th day after
publication of the Notice for the proposed amendment is July 20, 2024.
The Commission is extending this 180-day period.
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\2\ 17 CFR 242.608(b)(2)(i).
\3\ See Options Price Reporting Authority; Order Instituting
Proceedings to Determine Whether to Approve or Disapprove a Proposed
Amendment To Modify Section 5.2(c)(iii) of the OPRA Plan Relating to
Dissemination of Exchange Proprietary Data Information, Securities
Exchange Act Release No. 99994 (Apr. 19, 2024), 89 FR 31785 (Apr.
25, 2024). Comments received in response to the Order Instituting
Proceedings can be found on the Commission's website at <a href="https://www.sec.gov/comments/4-820/4-820.htm">https://www.sec.gov/comments/4-820/4-820.htm</a>.
\4\ See 17 CFR 242.608(b)(2)(i).
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The Commission finds that it is appropriate to designate a longer
period within which to conclude proceedings regarding the proposed
amendment so that it has sufficient time to consider the proposed
amendment and the comments received. Accordingly, pursuant to Rule
608(b)(2)(i) of Regulation NMS,\5\ the Commission designates September
18, 2024, as the date by which the Commission shall conclude the
proceedings to determine whether to approve or disapprove the proposed
amendment or to approve the proposed amendment with any changes or
subject to any conditions the Commission deems necessary or appropriate
(File No. 4-820).
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\5\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
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\6\ 17 CFR 200.30-3(a)(85).
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J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-15666 Filed 7-16-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on July 17, 2024.
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