Notice2026-05844
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Allow for Extended Trading of Multi-Listed Equity Options
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
March 26, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 58 (Thursday, March 26, 2026)</title>
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[Federal Register Volume 91, Number 58 (Thursday, March 26, 2026)]
[Notices]
[Pages 14730-14731]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-05844]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-105063 File No. SR-CBOE-2025-079]
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of
Designation of a Longer Period for Commission Action on a Proposed Rule
Change To Allow for Extended Trading of Multi-Listed Equity Options
March 23, 2026.
On September 30, 2025, Cboe Exchange, Inc. 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 Cboe Rule
5.1(c) (Global Trading Hours) to allow for extended trading sessions of
multi-listed equity options that meet certain eligibility criteria. The
proposed rule change was published for comment in the Federal Register
on October 3, 2025.\3\ On November 3, 2025, pursuant to Section
19(b)(2) of the Act,\4\ 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.\5\ On December 23,
2025, the Commission instituted proceedings pursuant to Section
19(b)(2)(B) of the Act \6\ to determine whether to approve or
disapprove the proposed rule change.\7\ The Commission received one
comment letter regarding the proposed rule change.\8\
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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. 104160 (Sep. 30,
2025), 90 FR 48091.
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 104173, 90 FR 51424
(Nov. 17, 2025). The Commission designated January 1, 2026, 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.
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 104509, 90 FR 61454
(Dec. 31, 2025).
\8\ Comment letters on the proposed rule change are available at
<a href="https://www.sec.gov/rules-regulations/public-comments/sr-cboe-2025-079">https://www.sec.gov/rules-regulations/public-comments/sr-cboe-2025-079</a>.
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Section 19(b)(2) of the Act \9\ provides that, after initiating
disapproval proceedings, the Commission shall issue an order approving
or disapproving the proposed rule change not later than 180 days after
the date of publication of notice of filing of the proposed rule
change. The Commission may extend the period for issuing an order
approving or disapproving the proposed rule change, however, by not
more than 60 days if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination. The
proposed rule change was published for notice and comment in the
Federal Register on October 3, 2025.\10\ April 1, 2026, is 180 days
from that date. The Commission is extending the time period for
approving or disapproving the proposed rule change for an additional 60
days. The Commission finds it appropriate to designate a longer period
within which to issue an order approving or disapproving the proposed
rule change so that it has sufficient time to consider the proposed
rule change and the issues raised therein. Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,\11\ designates May 31, 2026,
as the date by which the Commission shall either approve or disapprove
the proposed rule change (File No. SR-CBOE-2025-079).
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\9\ 15 U.S.C. 78s(b)(2).
\10\ See supra note 3.
\11\ 15 U.S.C. 78s(b)(2).
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For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
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\12\ 17 CFR 200.30-3(a)(57).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2026-05844 Filed 3-25-26; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on March 26, 2026.
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