Notice2024-21767
Options Price Reporting Authority; Notice of Designation of a Longer Period for Commission Action on a Proposed Amendment To Modify the OPRA Plan Relating to Dissemination of Exchange Proprietary Market 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
September 24, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 185 (Tuesday, September 24, 2024)</title>
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[Federal Register Volume 89, Number 185 (Tuesday, September 24, 2024)]
[Notices]
[Page 77951]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-21767]
[[Page 77951]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-101091; File No. 4-820]
Options Price Reporting Authority; Notice of Designation of a
Longer Period for Commission Action on a Proposed Amendment To Modify
the OPRA Plan Relating to Dissemination of Exchange Proprietary Market
Data Information
September 18, 2024.
On November 8, 2023, the Cboe Exchange, Inc., Cboe C2 Exchange,
Inc., Cboe BZX Exchange, Inc., and Cboe EDGX Exchange, Inc. filed with
the Securities and Exchange Commission (``Commission'') a proposal
(``Proposed Amendment'') to amend the plan of the Options Price
Reporting Authority (``OPRA'') for reporting of consolidated options
last sale reports and quotation information (``OPRA Plan'').\1\ The
proposed amendment was published for comment in the Federal Register on
January 22, 2024.\2\
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\1\ See <a href="https://cdn.opraplan.com/documents/OPRA_Plan.pdf">https://cdn.opraplan.com/documents/OPRA_Plan.pdf</a>.
\2\ See Securities Exchange Act Release No. 99345 (Jan. 16,
2024), 89 FR 3963 (Jan. 22, 2024) (``Notice''). Comments received in
response to the Notice are available 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 \3\ 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.\4\ On July 11, 2024, pursuant to Rule
608(b)(2)(i) of Regulation NMS,\5\ the Commission extended the period
within which to conclude proceedings regarding the Proposed Amendment
to 240 days from the date of publication of the Notice.\6\ The 240th
day after publication of the Notice is September 18, 2024.
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\3\ 17 CFR 242.608(b)(2)(i).
\4\ See Securities Exchange Act Release No. 99994 (Apr. 19,
2024), 89 FR 31785 (Apr. 25, 2024) (``Order Instituting
Proceedings''). Comments received in response to the Order
Instituting Proceedings are available 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>.
\5\ See 17 CFR 242.608(b)(2)(i).
\6\ See Securities Exchange Act Release No. 100495 (July 11,
2024), 89 FR 58212 (July 17, 2024).
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Rule 608(b)(2)(ii) of Regulation NMS \7\ provides that the time for
conclusion of proceedings to determine whether a national market system
plan or proposed amendment should be disapproved may be extended for an
additional period up to 60 days (up to 300 days from the date of notice
publication) if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination or the
plan participants consent to the longer period. The Commission is
extending this 240 day period.
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\7\ See 17 CFR 242.608(b)(2)(ii).
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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 important
policy issues raised by the Proposed Amendment and the comments
received. Accordingly, pursuant to Rule 608(b)(2)(ii) of Regulation
NMS,\8\ the Commission designates November 15, 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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\8\ Id.
By the Commission.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-21767 Filed 9-23-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on September 24, 2024.
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