Notice2026-19395
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 11.13(a) To Replace the Term “registered clearing agency” With “Qualified Clearing Agency;” Clarify That a Non-Member May Act as a Clearing Firm; and Require That a Member Seeking To Participate in the Exchange's Overnight Trading Session Maintain a Separate, Effective Letter of Guarantee or Authorization From a Clearing Firm
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 23, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 91 Issue 183 (Wednesday, September 23, 2026)</title>
</head>
<body><pre>
[Federal Register Volume 91, Number 183 (Wednesday, September 23, 2026)]
[Notices]
[Pages 60461-60464]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-19395]
[[Page 60461]]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-106412; File No. SR-CboeEDGX-2026-061]
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice
of Filing and Immediate Effectiveness of a Proposed Rule Change To
Amend Rule 11.13(a) To Replace the Term ``registered clearing agency''
With ``Qualified Clearing Agency;'' Clarify That a Non-Member May Act
as a Clearing Firm; and Require That a Member Seeking To Participate in
the Exchange's Overnight Trading Session Maintain a Separate, Effective
Letter of Guarantee or Authorization From a Clearing Firm
September 18, 2026.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on September 9, 2026, Cboe EDGX Exchange, Inc. (the ``Exchange''
or ````EDGX'''') filed with the Securities and Exchange Commission (the
``Commission'') the proposed rule change as described in Items I and II
below, which Items have been prepared by the Exchange. The Commission
is publishing this notice to solicit comments on the proposed rule
change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The Exchange proposes to: (i) replace the term ``registered
clearing agency'' with ``Qualified Clearing Agency;'' (ii) clarify that
a non-Member may act as a Clearing Firm; and (iii) require that a
Member seeking to participate in the Exchange's Overnight Trading
Session must maintain a separate, effective letter of guarantee or
authorization from a Clearing Firm that is properly authorized by the
relevant Qualified Clearing Agency to clear and settle transactions
effected during the Overnight Trading Session.
The text of the proposed rule change is also available on the
Exchange's website (<a href="http://markets.cboe.com/us/options/regulation/rule_filings/edgx/">http://markets.cboe.com/us/options/regulation/rule_filings/edgx/</a>), at the Exchange's Office of the Secretary, and at
the Commission's Public Reference Room.
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, the Exchange included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Exchange has prepared summaries, set forth in
sections A, B, and C below, of the most significant aspects of such
statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to amend Rule 11.13 (Clearance and
Settlement; Anonymity) to: (i) replace the term ``registered clearing
agency'' with ``Qualified Clearing Agency;'' \3\ (ii) clarify that a
non-Member \4\ may act as a Clearing Firm \5\; and (iii) require that a
Member seeking to participate in the Exchange's Overnight Trading
Session \6\ must maintain a separate, effective letter of guarantee or
authorization from a Clearing Firm that is properly authorized by the
relevant Qualified Clearing Agency to clear and settle transactions
effected during the Overnight Trading Session.\7\ The Exchange also
proposes to provide that the Exchange may prevent a Member's access and
connectivity to the Exchange during the Overnight Trading Session if an
effective letter of guarantee or authorization required to participate
in the Overnight Trading Session is not on file with the Exchange. As
described below, the proposed rule change is based on the rules of the
Exchange's affiliate options exchange, Cboe Exchange, Inc. (``C1''),
specifically C1 Rule 3.61(a)(1) and (2), and is tailored to EDGX's
equities rules and EDGX's Overnight Trading Session.
---------------------------------------------------------------------------
\3\ See Rule 1.5(w). The term ``Qualified Clearing Agency''
means a clearing agency registered with the Commission pursuant to
Section 17A of the Act that is deemed qualified by the Exchange.
\4\ See Rule 1.5(n). The term ``Member'' shall mean any
registered broker or dealer that has been admitted to membership in
the Exchange. A Member will have the status of a ``member'' of the
Exchange as that term is defined in Section 3(a)(3) of the Act.
Membership may be granted to a sole proprietor, partnership,
corporation, limited liability company or other organization which
is a registered broker or dealer pursuant to Section 15 of the Act,
and which has been approved by the Exchange.
\5\ See proposed Rule 11.13(a), discussed infra. A ``Clearing
Firm'' is a firm that is a member of and clears transactions through
a Qualified Clearing Agency.
\6\ See Rule 1.5 (jj) as approved in the Overnight Trading Hours
Filing (discussed infra). The term ``Overnight Trading Session''
shall mean the time between 9:00 p.m. on any night preceding a
business day and 4:00 a.m. Eastern Time on the following calendar
day. The Exchange notes that this rule text, while effective, is not
incorporated into the Exchange's rulebook as it is not yet
operational.
\7\ The Exchange received approval to extend its trading hours
from 16 hours per day, five days per week to 23 hours per day, five
days per week. See Securities Exchange Act Release No. 105587 (May
29, 2026), 91 FR 33238 (June 3, 2026), SR-CboeEDGX-2026-019
(``Overnight Trading Hours Filing'').
---------------------------------------------------------------------------
Background and Proposed Rule Change
Rule 11.13(a) currently provides that all transactions through the
facilities of the Exchange shall be cleared and settled through a
registered clearing agency using a continuous net settlement system.
The rule further provides that this requirement may be satisfied by
direct participation, use of direct clearing services, or by entry into
a correspondent clearing arrangement with another member that clears
trades through a Qualified Clearing Agency. If a Member clears
transactions through another Member that is a member of a Qualified
Clearing Agency (``Clearing Member''), such Clearing Member shall
affirm to the Exchange in writing, through a letter of authorization,
letter of guarantee, or other agreement acceptable to the Exchange, its
agreement to assume responsibility for clearing and settling any and
all trades executed by the Member designating it as its clearing firm.
The rules of any such clearing agency shall govern with respect to the
clearance and settlement of any transactions executed by the Member on
the Exchange.
First, the Exchange proposes to amend the following sentences in
Rule 11.13(a):
``All transactions through the facilities of the Exchange shall be
cleared and settled through a registered clearing agency using a
continuous net settlement system.''
``If a Member clears transactions through another Member that is a
member of a Qualified Clearing Agency (``Clearing Member''), such
Clearing Member shall affirm to the Exchange in writing, through letter
of authorization, letter of guarantee, or other agreement acceptable to
the Exchange, its agreement to assume responsibility for clearing and
settling any and all trades executed by the Member designating it as
its clearing firm.''
The proposed rule text would state:
``All transactions through the facilities of the Exchange shall be
cleared and settled through a Qualified Clearing
[[Page 60462]]
Agency using a continuous net settlement system.''
``If a Member clears transactions through another firm that is a
member of a Qualified Clearing Agency (``Clearing Firm''), such
Clearing Firm shall affirm to the Exchange in writing, through letter
of authorization, letter of guarantee, or other agreement acceptable to
the Exchange, its agreement to assume responsibility for clearing and
settling any and all trades executed by the Member designating it as
its Clearing Firm.''
The Exchange proposes the above changes to its existing rule text:
(i) to replace the term ``registered clearing agency'' with the defined
term ``Qualified Clearing Agency'' and (ii) to clarify to market
participants that a non-Member firm may clear transactions for a
Member. The proposed change to introduce the term ``Qualified Clearing
Agency'' in the first sentence of Rule 11.15(a) is a clarifying change
to introduce a more precise term that is already defined in the
Exchange's rulebook.\8\ While the Exchange believes its current rule
text does permit non-Members to clear transactions for a Member,\9\ the
proposed change to replace the term ``Member'' with the term ``Firm''
and refer to a ``Clearing Firm'' rather than ``Clearing Member''
provides necessary additional clarity to market participants. The
proposed rule change does not alter the fundamental requirement that
all transactions be cleared through a registered clearing agency using
a continuous net settlement system. Non-Member Clearing Firms, along
with Member Clearing Firms, remain subject to the membership
requirements of a Qualified Clearing Agency and must execute
appropriate guarantee agreements with the Exchange.
---------------------------------------------------------------------------
\8\ Supra note 3.
\9\ The Exchange notes that the second sentence of Rule 11.13(a)
states that the requirement to clear and settle transactions through
the Exchange may be satisfied by entry into a correspondent clearing
arrangement with another member that clears trades through a
Qualified Clearing Agency. The reference to ``member'' implies that
this requirement may be satisfied by a non-Member firm.
Additionally, the Exchange notes that filings were approved on its
affiliate exchanges, Cboe BYX Exchange, Inc. (``BYX'') and Cboe BZX
Exchange, Inc. (``BZX''), based on EDGX Rule 11.13(a) that
specifically stated that `` . . . Exchange Rule 11.15(a) would no
longer require a Qualified Clearing Agency be a Member in order to
clear another Members' transactions executed on the Exchange.'' See
Securities Exchange Act Release No. 74151 (January 27, 2015), 80 FR
5598 (February 2, 2015), SR-BYX-2015-06 (``BYX Rule 11.15(a)
Amendment''). and Securities Exchange Act Release No. 74152 (January
27, 2015), 80 FR 5593 (February 2, 2015), SR-BATS-2015-07 (``BZX
Rule 11.15(a) Amendment'').
---------------------------------------------------------------------------
The Exchange notes that its affiliate equities exchanges Cboe BYX
Exchange, Inc. (``BYX''), Cboe BZX Exchange, Inc. (``BZX''), and Cboe
EDGA Exchange, Inc. (``EDGA'') plan to submit similar proposals \10\ to
make clear that a non-Member firm may clear transactions for a Member.
---------------------------------------------------------------------------
\10\ See SR-CboeBYX-2026-033; SR-CboeBZX-2026-075; SR-CboeEDGA-
2026-029.
---------------------------------------------------------------------------
Next, the Exchange proposes to amend Rule 11.13(a) to include a
provision addressing the Overnight Trading Session \11\ and the need
for a Member to maintain a separate letter of guarantee or
authorization to participate in the Overnight Trading Session. The
Exchange proposes to add language to Rule 11.13(a) based on
substantially similar language found in the rules of its affiliate
options exchange, C1.
---------------------------------------------------------------------------
\11\ The Exchange recently received approval to introduce an
Overnight Trading Session between the hours of 9 p.m. and 4 a.m. ET.
See Securities Exchange Act Release No. 105587 (May 29, 2026), 91 FR
33238 (June 3, 2026), SR-CboeEDGX-2026-019 (``EDGX 23x5 Filing'').
---------------------------------------------------------------------------
C1 Rule 3.61(a)(1) provides that each Trading Permit Holder \12\
with trading functions on C1 shall provide a letter of guarantee or
authorization for its trading activities from a Clearing Trading Permit
Holder \13\ in a form and manner prescribed by C1.\14\ It further
provides that, in order to participate in Global Trading Hours
(``GTH''),\15\ a Trading Permit Holder must have a letter of guarantee
from a Clearing Trading Permit Holder that is properly authorized by
the Options Clearing Corporation (``OCC'') to operate during GTH. C1
Rule 3.61(a)(2) provides that a Trading Permit Holder may not engage in
any trading activities on C1 if an effective letter of guarantee or
authorization required to engage in those activities is not on file
with C1, and that C1 may prevent access and connectivity to C1 by that
Trading Permit Holder.
---------------------------------------------------------------------------
\12\ See Eleventh Amended and Restated Bylaws of Cboe Exchange,
Inc., Section 1.1(f). The term ``Trading Permit Holder'' means any
individual, corporation, partnership, limited liability company or
other entity authorized by the Rules that holds a Trading Permit.
\13\ See C1 Rule 1.1. The term ``Clearing Trading Permit
Holder'' means a Trading Permit Holder that has been admitted to
membership in the Clearing Corporation pursuant to the provisions of
the Rules of the Clearing Corporation and is self-clearing or that
clears transactions for other Trading Permit Holders.
\14\ See C1 Rule 3.61(a)(1).
\15\ See C1 Rule 5.1(c). Global Trading Hours for index options
are the hours between 8:15 p.m. (previous day) to 9:25 a.m. on
Monday through Friday, and Global Trading Hours for equity options
(including options on individual stocks, ETFs, ETNs, and other
securities) are from 7:30 a.m. to 9:25 a.m. Monday through Friday.
---------------------------------------------------------------------------
The Exchange proposes to adopt substantially similar language as is
currently found in C1 Rule 3.61(a)(1)-(2) in Rule 11.13(a), with
differences only to account for terminology applicable to EDGX.
Specifically, the proposed rule change would add language to Rule
11.13(a) providing that, in order to participate in the Overnight
Trading Session, which is substantially similar in operating hours to
C1's GTH applicable to index options, a Member must provide a separate
letter of guarantee or authorization from a Clearing Firm that is
properly authorized \16\ by the relevant Qualified Clearing Agency to
clear and settle transactions during the Overnight Trading Session. The
proposed rule change would also provide that a Member may not
participate in trading activities on the Exchange during the Overnight
Trading Session if an effective \17\ letter of guarantee or
authorization required to participate in the Overnight Trading Session
is not on file with the Exchange, and that the Exchange may prevent
access and connectivity to the Exchange during the Overnight Trading
Session by that Member.
---------------------------------------------------------------------------
\16\ The Exchange will receive confirmation from the Qualified
Clearing Agency that a Clearing Firm is eligible to clear and settle
transactions during the Overnight Trading Session.
\17\ A letter of guarantee or authorization is effective if a
Clearing Firm represents that it is a member of the National
Securities Clearing Corporation (``NSCC''), provides its NSCC
clearing number, lists the Member firm for which it will accept full
responsibility for clearing and settling, is properly executed, and
is provided to the Exchange.
---------------------------------------------------------------------------
The proposed language uses ``Member'' rather than ``Trading Permit
Holder,'' ``Clearing Firm'' rather than ``Clearing Trading Permit
Holder,'' ``Qualified Clearing Agency'' rather than ``Options Clearing
Corporation,'' and ``Overnight Trading Session'' rather than ``Global
Trading Hours'' or ``GTH,'' to conform to EDGX's existing rule
terminology. These adaptations reflect the fact that EDGX is an
equities exchange and the Overnight Trading Session on EDGX is
substantially similar to C1's GTH session applicable to index options
for purposes of this requirement.
The Exchange believes these proposed amendments are necessary to
ensure that Members seeking to participate in the Overnight Trading
Session have a Clearing Firm relationship that is specifically
authorized for overnight clearing and settlement operations, thereby
supporting the integrity of the clearance and settlement process during
the Overnight Trading Session and ensuring that adequate financial
responsibility exists for all trades executed during that session.
[[Page 60463]]
2. Statutory Basis
The Exchange believes the proposed rule change is consistent with
the Securities Exchange Act of 1934 (the ``Act'') and the rules and
regulations thereunder applicable to the Exchange and, in particular,
the requirements of Section 6(b) of the Act.\18\ Specifically, the
Exchange believes the proposed rule change is consistent with the
Section 6(b)(5) \19\ requirements that the rules of an exchange be
designed to prevent fraudulent and manipulative acts and practices, to
promote just and equitable principles of trade, to foster cooperation
and coordination with persons engaged in regulating, clearing,
settling, processing information with respect to, and facilitating
transactions in securities, to remove impediments to and perfect the
mechanism of a free and open market and a national market system, and,
in general, to protect investors and the public interest. Additionally,
the Exchange believes the proposed rule change is consistent with the
Section 6(b)(5) \20\ requirement that the rules of an exchange not be
designed to permit unfair discrimination between customers, issuers,
brokers, or dealers.
---------------------------------------------------------------------------
\18\ 15 U.S.C. 78f(b).
\19\ 15 U.S.C. 78f(b)(5).
\20\ Id.
---------------------------------------------------------------------------
The Exchange believes that clarifying that a registered clearing
agency is a Qualified Clearing Agency and that a non-Member may act as
a Clearing Firm is consistent with Section 6(b)(5) of the Act because
it promotes just and equitable principles of trade and removes
impediments to and perfects the mechanism of a free and open market by
providing transparency to market participants regarding the scope of
firms that may provide clearing services to Members, which supports the
efficient functioning of the clearance and settlement process and
protects investors and the public interest. This proposed change is
also not unfairly discriminatory because it applies equally to all
market participants.
Additionally, the Exchange notes that the proposed clarification
related to Qualified Clearing Agencies and non-Member clearing firms
specifically fosters cooperation and coordination with persons engaged
in clearing and settling transactions in securities by removing
potential ambiguity regarding which entities may provide clearing
services to Members. Enhanced clarity in this area facilities the
establishment of clearing relationships and supports the prompt and
accurate settlement of transactions, which directly protects investors
and the public interest. The proposed change also removes impediments
to and perfects the mechanism of a free and open market by ensuring
that Members have access to a broader range of clearing arrangements
without regulatory uncertainty.
The Exchange further believes the proposed rule change is compliant
with the Act because it would ensure that Members participating in the
Overnight Trading Session have appropriate clearing and settlement
arrangements in place that are specifically authorized for operations
during the Overnight Trading Session. By requiring a separate letter of
guarantee or authorization from a Clearing Firm that is properly
authorized by the relevant Qualified Clearing Agency to clear and
settle transactions during the Overnight Trading Session, the proposal
supports the integrity of the clearance and settlement process, reduces
the risk of failed settlements, and ensures that adequate financial
responsibility exists for all trades executed during the Overnight
Trading Session. Similarly, the proposed rule change is designed to
prevent fraudulent and manipulative acts and practices because the
proposal to require an additional letter of guarantee to participate in
the Overnight Trading Session ensures that only those Members with
proper clearing and settlement arrangements may trade during the
Overnight Trading Session. This requirement protects against the risk
that trades executed during the Overnight Trading Session may be
effected without adequate financial backing for their clearance and
settlement, thereby reducing systemic risk and protecting the integrity
of the market.
Additionally, the Exchange believes the proposed rule change is
designed to promote just and equitable principles of trade and to
remove impediments to and perfect the mechanism of a free and open
market and a national market system. The Exchange's proposed
requirement for a separate Overnight Trading Session guarantee is
substantially similar to the existing requirement on its affiliate
options exchange, C1, which requires a separate letter of guarantee in
order to participate in GTH. The proposal establishes a clear, uniform
framework for Members seeking to participate in the Overnight Trading
Session and provides clarity and certainty to Members regarding the
requirements for Overnight Trading Session participation, which the
Exchange believes will facilitate orderly trading during that session.
The Exchange further believes that the proposed rule change is
designed to foster cooperation and coordination with persons engaged in
clearing, settling, and facilitating transactions in securities,
consistent with Section 6(b)(5) of the Act. By requiring that the
Clearing Firm issuing the letter of guarantee or authorization be
properly authorized by the relevant Qualified Clearing Agency to clear
and settle transactions during the Overnight Trading Session, the
proposal ensures coordination between the Exchange, its Members,
Clearing Firms, and the Qualified Clearing Agency with respect to
overnight clearing and settlement operations.
In addition, the Exchange believes that the proposed rule change is
not designed to permit unfair discrimination because the requirement to
maintain a separate letter of guarantee or authorization for Overnight
Trading Session participation will apply equally to all Members seeking
to participate in the Overnight Trading Session. The proposal does not
create any preferential treatment among Members; rather, it establishes
a uniform standard that all Members must satisfy to engage in Overnight
Trading Session activity. Should a Member not wish to participate in
the Overnight Trading Session, it would not be required to obtain any
additional authorization to continue trading during other trading
sessions offered by the Exchange.
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change will
impose any burden on competition that is not necessary or appropriate
in furtherance of the purposes of the Act. Specifically, the Exchange
does not believe the proposed rule change will impose any burden on
intramarket competition that is not necessary or appropriate in
furtherance of the purposes of the Act. The proposed clarifying change
to utilize the term Qualified Clearing Agency and to state that a non-
Member may serve as a Clearing Firm will apply to all Members (and non-
Members) equally. Further, the proposed requirement to maintain a
separate letter of guarantee or authorization for Overnight Trading
Session participation applies equally to all Members seeking to
participate in the Overnight Trading Session on an equal and non-
discriminatory basis. The requirement is intended to support clearing
and settlement readiness during the Overnight Trading Session, rather
than to restrict competition. Any Member that obtains the requisite
letter of guarantee or authorization from a properly authorized
Clearing Firm may participate in the Overnight Trading
[[Page 60464]]
Session on the same terms as any other Member.
Further, the Exchange does not believe the proposed rule change
will impose any burden on intermarket competition that is not necessary
or appropriate in furtherance of the purposes of the Act. The proposed
rule change is not being made for competitive reasons, but rather to
provide clarity and certainty to Members regarding the requirements for
serving as a Clearing Firm and for Overnight Trading Session
participation. The Exchange also anticipates that competitor exchanges
will introduce similar requirements for participation in the Overnight
Trading Session. As such, the Exchange does not believe the proposed
rule change raises any competitive concerns.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
The Exchange neither solicited nor received comments on the
proposed rule change.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule change does not: (i)
significantly affect the protection of investors or the public
interest; (ii) impose any significant burden on competition; and (iii)
become operative for 30 days after the date on which it was filed, or
such shorter time as the Commission may designate, it has become
effective pursuant to Section 19(b)(3)(A)(iii) of the Act \21\ and
subparagraph (f)(6) of Rule 19b-4 thereunder.\22\
---------------------------------------------------------------------------
\21\ 15 U.S.C. 78s(b)(3)(A)(iii).
\22\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii)
requires a self-regulatory organization to give the Commission
written notice of its intent to file the proposed rule change, along
with a brief description and text of the proposed rule change, at
least five business days prior to the date of filing of the proposed
rule change, or such shorter time as designated by the Commission.
The Exchange has satisfied this requirement.
---------------------------------------------------------------------------
A proposed rule change filed under Rule 19b-4(f)(6) \23\ normally
does not become operative prior to 30 days after the date of the
filing. However, pursuant to Rule 19b-4(f)(6)(iii),\24\ the Commission
may designate a shorter time if such action is consistent with the
protection of investors and the public interest. The Exchange has asked
the Commission to waive the 30-day operative delay so that the proposed
rule change may become operative immediately upon filing. The Exchange
states that its proposal to clarify that a non-Member may act as a
Clearing Firm does not introduce any new or novel functionality and is
a clarifying change. The Exchange further states that waiver of the
operative delay would allow the Exchange to update its rulebook
immediately upon effectiveness of the proposal. The Exchange also
states that the introduction of a separate letter of guarantee or
authorization to participate in the Overnight Trading Session is
substantially similar to the requirements of the Exchange's affiliated
options exchange, C1. The Commission believes that waiving the 30-day
operative delay is consistent with the protection of investors and the
public interest as the proposal does not raise any new or novel issues.
Therefore, the Commission hereby waives the 30-day operative delay and
designates the proposed rule change to be operative upon filing.\25\
---------------------------------------------------------------------------
\23\ 17 CFR 240.19b-4(f)(6).
\24\ 17 CFR 240.19b-4(f)(6)(iii).
\25\ For purposes only of waiving the 30-day operative delay,
the Commission has also considered the proposed rule's impact on
efficiency, competition, and capital formation. See 15 U.S.C.
78c(f).
---------------------------------------------------------------------------
At any time within 60 days of the filing of such proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act. If the Commission
takes such action, the Commission shall institute proceedings under
Section 19(b)(2)(B) \26\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
---------------------------------------------------------------------------
\26\ 15 U.S.C. 78s(b)(2)(B).
---------------------------------------------------------------------------
IV. Solicitation of Comments
Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:
Electronic Comments
<bullet> Use the Commission's internet comment form (<a href="https://www.sec.gov/rules/sro.shtml">https://www.sec.gov/rules/sro.shtml</a>); or
<bullet> Send an email to <a href="/cdn-cgi/l/email-protection#e597908980c8868a8888808b9196a5968086cb828a93"><span class="__cf_email__" data-cfemail="e193948d84cc828e8c8c848f9592a1928482cf868e97">[email protected]</span></a>. Please include
file number SR-CboeEDGX-2026-061 on the subject line.
Paper Comments
<bullet> Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.
All submissions should refer to file number SR-CboeEDGX-2026-061. This
file number should be included on the subject line if email is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's internet website (<a href="https://www.sec.gov/rules/sro.shtml">https://www.sec.gov/rules/sro.shtml</a>). Copies of the filing will be available for inspection and
copying at the principal office of the Exchange. Do not include
personal identifiable information in submissions; you should submit
only information that you wish to make available publicly. We may
redact in part or withhold entirely from publication submitted material
that is obscene or subject to copyright protection. All submissions
should refer to file number SR-CboeEDGX-2026-061 and should be
submitted on or before October 14, 2026.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\27\
---------------------------------------------------------------------------
\27\ 17 CFR 200.30-3(a)(12), (59).
---------------------------------------------------------------------------
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-19395 Filed 9-22-26; 8:45 am]
BILLING CODE 8011-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on September 23, 2026.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.