Notice2026-00218

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Amend Rule 11.9(d) To Permit an Intermarket Sweep Order Containing a Time-in-Force Other Than IOC To Be Entered as a Non-Displayed Order

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Published
January 9, 2026

Issuing agencies

Securities and Exchange Commission

Full Text

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[Federal Register Volume 91, Number 6 (Friday, January 9, 2026)]
[Notices]
[Pages 1018-1019]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-00218]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-104549; File No. SR-CboeBZX-2025-142]


Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Filing of Designation of a Longer Period for Commission Action on 
Proceedings To Determine Whether To Approve or Disapprove a Proposed 
Rule Change To Amend Rule 11.9(d) To Permit an Intermarket Sweep Order 
Containing a Time-in-Force Other Than IOC To Be Entered as a Non-
Displayed Order

January 6, 2026.
    On November 13, 2025, Cboe BZX Exchange, Inc. (``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 change to amend Rule 
11.9(d) to permit an Intermarket Sweep Order containing a time-in-force 
other than IOC to be entered as a Non-Displayed Order. The proposed 
rule change was published for

[[Page 1019]]

comment in the Federal Register on November 28, 2025.\3\
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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. 104242 (November 24, 
2025), 90 FR 54833. Comments on the proposed rule change are 
available at <a href="https://www.sec.gov/comments/sr-cboebzx-2025-142/srcboebzx2025142.htm">https://www.sec.gov/comments/sr-cboebzx-2025-142/srcboebzx2025142.htm</a>.
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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 January 12, 2026. 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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    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, the issues raised 
therein, and the comments received. Accordingly, the Commission, 
pursuant to Section 19(b)(2) of the Act,\5\ designates April 12, 2026, 
as the date by which the Commission shall either approve or disapprove, 
or institute proceedings to determine whether to disapprove, the 
proposed rule change (File No. SR-CboeBZX-2025-142).
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    \5\ 15 U.S.C. 78s(b)(2).

    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)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-00218 Filed 1-8-26; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on January 9, 2026.

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