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Notice2026-21572

Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 19.3 and Rule 19.4 To Establish Generic Listing Criteria and Continued Listing Standards for Options on Commodity-Based Trusts Holding Multiple Crypto Assets and To Permit the Listing of Options on Exchange-Traded Funds

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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
October 22, 2026

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 91 Issue 203 (Thursday, October 22, 2026)</title>
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[Federal Register Volume 91, Number 203 (Thursday, October 22, 2026)]
[Notices]
[Pages 66752-66756]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-21572]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-106692; File No. SR-CboeEDGX-2026-067]


Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice 
of Filing and Immediate Effectiveness of a Proposed Rule Change To 
Amend Rule 19.3 and Rule 19.4 To Establish Generic Listing Criteria and 
Continued Listing Standards for Options on Commodity-Based Trusts 
Holding Multiple Crypto Assets and To Permit the Listing of Options on 
Exchange-Traded Funds

October 19, 2026.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that 
on October 6, 2026, Cboe EDGX Exchange, Inc. (``Exchange'') filed with 
the Securities and Exchange Commission (``Commission'') the proposed 
rule change as described in Items I and II below, which Items have been 
prepared by the Exchange. The Exchange filed the proposal as a ``non-
controversial'' proposed rule change pursuant to Section 
19(b)(3)(A)(iii) of the Act \3\ and Rule 19b-4(f)(6) thereunder.\4\ The 
Commission is publishing this notice to solicit comments on the 
proposed rule change from interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \4\ 17 CFR 240.19b-4(f)(6).
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    Cboe EDGX Exchange, Inc. (``EDGX'' or the ``Exchange'') is filing 
with the Securities and Exchange Commission (``Commission'' or ``SEC'') 
a proposed rule change to amend Rule 19.3 (Criteria for Underlying 
Securities) and Rule 19.4 (Withdrawal of Approval of Underlying 
Securities) to (i) establish listing criteria and continued listing 
standards for options on shares of commodity-based trusts holding 
multiple crypto assets, (ii) update Rule 19.3(i)(1) to permit the 
listing of options on an exchange traded fund as defined in Rule 6c-11 
under the Investment Company Act of 1940 (``Rule 6c-11''), and (iii) 
make conforming amendments to remove individual product-specific 
references and update cross-references within the rules. The text of 
the proposed rule change is provided in Exhibit 5.
    The text of the proposed rule change is also available on the 
Commission's website (<a href="https://www.sec.gov/rules/sro.shtml">https://www.sec.gov/rules/sro.shtml</a>), the 
Exchange's website (<a href="https://www.cboe.com/us/equities/regulation/rule_filings/edgx/">https://www.cboe.com/us/equities/regulation/rule_filings/edgx/</a>), and at the principal office of the Exchange.

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 19.3 (Criteria for Underlying 
Securities) and Rule 19.4 (Withdrawal of Approval of Underlying 
Securities) to (i) establish listing criteria and continued listing 
standards for options on shares of commodity-based trusts holding 
multiple crypto assets, (ii) update Rule 19.3(i)(1) to permit the 
listing of options on an exchange traded fund as defined in Rule 6c-11 
under the Investment Company Act of 1940 (``Rule 6c-11''),\5\ and (iii) 
make conforming amendments to remove individual product-specific 
references and update cross-references within the rules.
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    \5\ See 17 CFR 270.6c-11.
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Background
    The Exchange's existing rules permit the listing and trading of 
options on various types of exchange-traded products, including options 
on shares of exchange-traded funds (``ETFs''), commodity pool ETFs, 
currency trust shares, and commodity-based trusts

[[Page 66753]]

holding a single crypto asset. Specifically, Rule 19.3(i) sets forth 
the criteria for securities deemed appropriate for options trading, 
including Fund Shares that are principally traded on a national 
securities exchange and defined as an ``NMS stock'' under Rule 600 of 
Regulation NMS.
    Cboe Options Exchange, Inc. (``Cboe Options''), an affiliate of the 
Exchange, recently received approval from the Commission to list and 
trade options on commodity-based trusts holding multiple crypto 
assets.\6\ Specifically, Cboe Options adopted Rules 4.3.06(a)(6) and 
4.4.06(c) to establish initial and continued generic listing criteria 
for options on commodity-based trusts holding multiple crypto 
assets.\7\ Additionally, Cboe Options amended Rule 4.3.06(a)(4) to 
remove individual product-specific references for crypto asset ETPs, 
and in a separate filing \8\ amended Rule 4.3.06(a)(1) to permit the 
listing of options on ETFs as defined in Rule 6c-11.
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    \6\ See Securities Exchange Act Release No. 105175 (April 8, 
2026) 91 FR 18960 (April 13, 2026) (SR-CBOE-2026-020) (Order 
Approving a Proposed Rule Change, as Modified by Amendment No. 1, To 
Exchange Rules 4.3 (Criteria for Underlying Securities) and 4.4 
(Withdrawal of Approval of Underlying Securities) To Establish 
Listing Criteria and Withdrawal Standards for Options on Commodity-
Based Trusts Holding Multiple Crypto Assets) (the ``Approval 
Order'').
    \7\ Id.
    \8\ See Securities Exchange Act Release No. 103686 (August 12, 
2025) 90 FR 39435 (August 15, 2025) (SR-CBOE-2025-053) (Notice of 
Filing and Immediate Effectiveness of a Proposed Rule Change To 
Amend Interpretation and Policy .06 of Rule 4.3 To Permit the 
Listing of Options on an Exchange-Traded Fund as Defined in Rule 6c-
11 Under the Investment Company Act of 1940) (the ``Proposal to List 
Options on 6c-11 ETFs'').
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Proposed Rule Changes
    The Exchange now proposes to adopt rules that are substantively 
identical to the Cboe Options Rules described above. Specifically, the 
Exchange proposes the following amendments.
Amendments to Rule 19.3(i)
    The Exchange proposes to amend Rule 19.3(i) to establish generic 
listing criteria for options on commodity-based trusts holding multiple 
crypto assets. Currently, Rule 19.3(i)(5) permits the listing of 
options on commodity-based trusts that hold a single crypto asset 
meeting certain requirements. The Exchange proposes to amend Rule 
19.3(i)(5) to also permit the listing of options on commodity-based 
trusts that hold multiple crypto assets, provided that each underlying 
crypto asset held by such trust satisfies the following requirements:
    i. the total global supply of each underlying crypto asset held by 
the Commodity-Based Trust has an average daily market value of at least 
$700 million over the last 12 months; and
    ii. each crypto asset held by the Commodity-Based Trust underlies a 
derivatives contract that trades on a market with which the Exchange 
has a comprehensive surveillance sharing agreement, whether directly or 
through common membership in the Intermarket Surveillance Group 
(``ISG'').
    These requirements are designed to ensure that each crypto asset 
underlying options approved for trading on the Exchange has sufficient 
market capitalization and is subject to adequate market surveillance. 
These criteria are substantively identical to those approved by the 
Commission for Cboe Options.\9\
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    \9\ See supra note 6. See Cboe Rules 4.3.06(a)(6) and 4.4.06(c).
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    In addition, the Exchange proposes to update Rule 19.3(i)(1) to 
permit the listing of options on exchange traded funds as defined in 
Rule 6c-11, portfolio depositary receipts, or index fund shares. 
Proposed Rule 19.3(i)(1) is substantively identical to Cboe Rule 
4.3.06(a)(1). The requirements of Rule 19.3(i)(1) are generally based 
on the generic listing standards for exchange-traded funds that pre-
dated the adoption of Rule 6c-11. The Exchange proposes to eliminate 
the language from the rule text that specifies the securities and/or 
financial instruments that the entity holds and instead provide that 
the securities deemed appropriate for options trading shall include 
shares or other securities (``Fund Shares''), including but not limited 
to Partnership Units as defined in this Rule, that are principally 
traded on a national securities exchange and are defined as an ``NMS 
stock'' under Rule 600 of Regulation NMS, and that are listed pursuant 
to generic listing standards for an exchange-traded fund as defined in 
Rule 6c-11, portfolio depositary receipts, or index fund shares.
    In 2019, the Commission adopted Rule 6c-11 to permit exchange-
traded funds that satisfy certain conditions to operate without 
obtaining an exemptive order from the Commission under the Investment 
Company Act of 1940.\10\ In 2020, the Commission approved generic 
listing standards pursuant to Rule 19b-4(e) of the Exchange Act for 
exchange-traded funds that meet the requirements of Rule 6c-11 (i.e., 
ETF Shares).\11\ The Commission found that the ETF Shares generic 
listing standards are reasonably designed to help prevent fraudulent 
and manipulative acts and practices particularly because a central 
qualification for listing generically is ongoing compliance with Rule 
6c-11, which requires, among other things, ETF Shares to prominently 
disclose the portfolio holdings that will form the basis for each 
calculation of net asset value per share. The Commission stated that it 
believes that such portfolio transparency should help prevent 
manipulation of the price of ETF Shares.\12\ The Exchange believes this 
same transparency rationale supports the generic listing of options on 
ETF Shares by aligning the options generic listing standards with the 
ETF Shares generic listing standards. This proposal simply creates a 
streamlined pathway for listing options on qualifying ETF Shares that 
meet the enhanced transparency standards under Rule 6c-11.
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    \10\ See Release Nos. 33-10695; IC-33646; File No. S7-15-18 
(Exchange-Traded Funds) (September 25, 2019), 84 FR 57162 (October 
24, 2019) (the ``Rule 6c-11 Release'').
    \11\ See e.g., Securities Exchange Act Release No. 88566 (April 
6, 2020) 85 FR 20312 (April 10, 2020) (SR-CboeBZX-2019-097) (Order 
Granting Accelerated Approval of a Proposed Rule Change, as Modified 
by Amendment No. 2, To Adopt BZX Rule 14.11(l) Governing the Listing 
and Trading of Exchange-Traded Fund Shares) (``BZX ETF Shares 
Approval Order'').
    \12\ See the BZX ETF Shares Approval Order at 20320.
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    The Exchange believes this proposed listing standard for options on 
ETF Shares is reasonable and will result in options that are not 
readily susceptible to manipulation in light of existing Rule 6c-11 
transparency requirements and options listing requirements.\13\ The 
Commission has determined that portfolio transparency is central to 
preventing manipulation of ETF Share prices and serves as the primary 
qualification for generic listing of ETF Shares.\14\ Where ETF Shares 
have been deemed sufficiently transparent to warrant generic listing, 
the Exchange believes the manipulation risks for both the underlying 
shares and overlying options are adequately mitigated through this 
transparency framework as options manipulation is typically achieved 
through manipulation of the underlying security.
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    \13\ See Interpretation and Policy .06(b) to Exchange Rule 4.3.
    \14\ See the BZX ETF Shares Approval Order at 20320.
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    The Exchange also proposes conforming amendments to renumber 
certain subparagraphs and cross-references within Rule 19.3(i) and to 
remove references to specific crypto asset ETPs from Rule 19.3(i)(4) 
for products that are now captured by the

[[Page 66754]]

generic criteria in proposed Rule 19.3(i)(5). Currently, Rule 
19.3(i)(4) lists by name certain crypto asset ETPs approved for options 
trading. Because the proposed generic criteria in Rule 19.3(i)(5) would 
permit the listing of options on any commodity-based trust holding 
crypto assets that meet the specified requirements, the individual 
product-specific references to crypto asset ETPs in Rule 19.3(i)(4) are 
no longer necessary and are proposed to be removed.
    The Exchange also proposes to redesignate the existing Fund Share 
criteria and additional listing requirements currently set forth in 
Rule 19.3(i) as Rule 19.3(i)(6)(A) and (B) and Rule 19.3(i)(7), 
respectively, with conforming updates to the lettering and numbering of 
subparagraphs thereunder. Additionally, the Exchange proposes to amend 
Rule 19.3(i)(7)(i) to add ``ETF Shares'' as an additional category of 
generic listing standards, consistent with Cboe Options Rule 4.3, 
Interpretation and Policy .06(c)(1) and the amendments to Rule 
19.3(i)(1), and to remove the reference to ``series of'' portfolio 
depositary receipts and index fund shares to align with the updated 
terminology throughout Rule 19.3(i).
    The Exchange also proposes to correct erroneous cross-references in 
Rule 19.4(g). Currently, Rule 19.4(g)(1) references ``Rule 
19.3(i)(4)(A)'' and Rule 19.4(g)(2) references ``Rule 19.3(i)(4)(B)''; 
however, no such subparagraphs currently exist in Rule 19.3(i). The 
Exchange proposes to correct these cross-references to reference Rule 
19.3(i)(6)(A) and Rule 19.3(i)(6)(B), respectively, which correspond to 
the redesignated Fund Share listing criteria. Cboe Options Rule 
4.3.06(a)(4) similarly does not include individual product-specific 
references for crypto asset ETPs, instead relying on the generic 
listing criteria in Rule 4.3.06(a)(6). The Exchange's proposed 
conforming amendments follow this same approach by reorganizing Rule 
19.3(i) to incorporate the new generic listing criteria for commodity-
based trusts holding multiple crypto assets while updating existing 
cross-references to maintain internal consistency within the rule.
Amendments to Rule 19.4(g)
    Consistent with the Approval Order and Cboe Options Rule 4.4, 
Interpretation and Policy .06(e), the Exchange proposes to amend Rule 
19.4(g) to establish continued listing standards applicable to options 
on commodity-based trusts holding multiple crypto assets. In the 
Approval Order, the Commission approved Cboe Options' adoption of 
continued listing standards for options on commodity-based trusts 
holding multiple crypto assets, finding that such standards are 
designed to ensure ongoing compliance with the listing criteria and 
appropriate market surveillance. Similarly, the Exchange proposes to 
add a new subparagraph (3) to Rule 19.4(g) providing that the Exchange 
shall consider the suspension of opening transactions in any series of 
options of the class covering Fund Shares approved pursuant to Rule 
19.3(i)(5) if the criteria under Rule 19.3(i)(5)(B)(i) are no longer 
satisfied, as determined by the Exchange on a monthly basis, or the 
criteria in Rule 19.3(i)(5)(B)(ii) are no longer satisfied.\15\
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    \15\ See supra note 6.
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    The Exchange also proposes conforming amendments to update cross-
references within Rule 19.4(g) to reflect the redesignation of Rule 
19.3(i) subparagraphs. As discussed above, Rule 19.4(g)(1) and Rule 
19.4(g)(2) currently contain erroneous cross-references to Rule 
19.3(i)(4)(A) and Rule 19.3(i)(4)(B), respectively, which would be 
corrected to reference Rule 19.3(i)(6)(A) and Rule 19.3(i)(6)(B). The 
Exchange also proposes to renumber existing subparagraphs (3) and (4) 
of Rule 19.4(g) as subparagraphs (4) and (5), respectively.
    These continued listing standards are substantively identical to 
those set forth in Cboe Options Rule 4.4.06(c) and are designed to 
ensure appropriate ongoing monitoring of crypto asset-based products 
listed on the Exchange.
2. Statutory Basis
    The Exchange believes the proposed rule change is consistent with 
the Act and the rules and regulations thereunder applicable to the 
Exchange and, in particular, the requirements of Section 6(b) of the 
Act.\16\ Specifically, the Exchange believes the proposed rule change 
is consistent with the Section 6(b)(5) \17\ 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) \18\ requirement that the rules of 
an exchange not be designed to permit unfair discrimination between 
customers, issuers, brokers, or dealers.
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    \16\ 15 U.S.C. 78f(b).
    \17\ 15 U.S.C. 78f(b)(5).
    \18\ Id.
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    Specifically, the Exchange believes the proposed rule change is 
consistent with Section 6(b)(5) of the Act for the following reasons. 
First, with respect to the proposed initial and continued listing 
criteria for options on commodity-based trusts holding multiple crypto 
assets, the proposed amendments would permit the Exchange to list and 
trade such options using generic listing standards that are 
substantively identical to those set forth in Cboe Options Rules 
4.3.06(a)(6) and 4.4.06(c). The requirements that each underlying 
crypto asset has an average daily market value of at least $700 million 
over the last 12 months and that each crypto asset underly a 
derivatives contract trading on a market with which the Exchange has a 
comprehensive surveillance sharing agreement are designed to prevent 
fraudulent and manipulative acts and practices and to protect investors 
and the public interest.
    Second, with respect to the proposed amendments to Rule 19.3(i)(1) 
to permit the listing of options on an exchange traded fund as defined 
in Rule 6c-11, these amendments are consistent with the approach taken 
by Cboe Options in the Proposal to List Options on 6c-11 ETFs.\19\ The 
Exchange believes these amendments are consistent with the Act because 
existing Rule 6c-11 transparency requirements and options listing 
requirements are reasonably designed to help ensure that such options 
are not readily susceptible to manipulation. Where ETF Shares have been 
deemed sufficiently transparent to warrant generic listing, the 
Exchange believes the manipulation risks for both the underlying shares 
and overlying options are adequately mitigated through this 
transparency framework. This proposal creates a streamlined pathway for 
listing options on qualifying ETF Shares that meet the enhanced 
transparency standards under Rule 6c-11.
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    \19\ See supra note 8.
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    Third, with respect to the proposed amendment to Rule 19.3(i)(7)(i) 
to add ETF Shares, this amendment is consistent with Section 6(b)(5) of 
the Act because it ensures that Fund Shares listed pursuant to the ETF 
Shares generic listing standards are subject to the same additional 
listing requirements applicable to other categories of generically 
listed Fund Shares, thereby providing consistent investor

[[Page 66755]]

protections across all categories of generically listed fund products.
    Fourth, with respect to the proposed conforming amendments to 
remove individual product-specific references in Exchange Rule 
19.3(i)(4), remove the reference to ``series of'' portfolio depositary 
receipts and index fund shares, and update cross-references, these 
amendments are consistent with Section 6(b)(5) of the Act because they 
are designed to remove impediments to and perfect the mechanism of a 
free and open market by aligning the Exchange's rules with the approach 
in Cboe Options Rule 4.3.06(a)(4), thereby promoting consistency across 
Cboe-affiliated exchanges without altering the substantive protections 
afforded to investors.
    Fifth, with respect to the proposed amendments to Rule 19.4(g) to 
establish continued listing standards for options on commodity-based 
trusts holding multiple crypto assets and to update cross-references, 
these amendments are consistent with the Approval Order and are 
designed to ensure ongoing compliance with the listing criteria and 
appropriate market surveillance.
    The Exchange further believes that the proposed rule change removes 
impediments to and perfects the mechanism of a free and open market by 
enabling market participants to trade options on multi-crypto-asset 
trusts on the Exchange under the same terms and conditions approved for 
Cboe Options. The proposed rule change promotes fair and orderly 
markets and is not designed to permit unfair discrimination between 
customers, issuers, brokers, or dealers, as the same generic listing 
criteria would apply equally to all eligible products.
    The Commission has already determined that substantially identical 
rules satisfy the requirements of the Act in approving the Approval 
Order. The proposed amendments are also consistent with the 
Commission's prior approval of the Proposal to List Options on 6c-11 
ETFs and with Cboe Options Rules 4.3.06(a)(4) and 4.3.06(a)(6), which 
established the framework for generic listing criteria that the 
Exchange now proposes to adopt. The Exchange therefore believes the 
proposed rule change is consistent with the Act.

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. The proposed rule change is 
designed to permit the Exchange to list and trade options on the same 
types of products that have been approved for trading on Cboe Options 
and to adopt the same modernized descriptions and conforming amendments 
approved by the Commission for Cboe Options. Rather than imposing a 
burden on competition, the proposed rule change is designed to enhance 
competition by enabling the Exchange to compete on a level playing 
field with Cboe Options in offering options on commodity-based trusts 
holding multiple crypto assets, listing options on 6c-11 ETFs, and 
applying generic listing criteria instead of product-specific 
references.
    The Exchange notes that the proposed rule change does not impose 
any burden on intramarket competition, as the generic listing criteria 
would apply equally to all eligible products and market participants. 
The proposed rule change also does not impose any burden on intermarket 
competition, as it merely permits the Exchange to list the same types 
of products already approved for trading on another exchange.

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

    The Exchange has filed the proposed rule change pursuant to Section 
19(b)(3)(A) of the Act \20\ and Rule 19b-4(f)(6) \21\ thereunder. 
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; or (iii) become operative for 30 
days from 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) of the Act \22\ and Rule 19b-4(f)(6) \23\ thereunder.
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    \20\ 15 U.S.C. 78s(b)(3)(A).
    \21\ 17 CFR 240.19b-4(f)(6).
    \22\ 15 U.S.C. 78s(b)(3)(A).
    \23\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)(iii) 
requires the Exchange 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.
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    A proposed rule change filed under Rule 19b-4(f)(6) \24\ normally 
does not become operative prior to 30 days after the date of the 
filing. However, pursuant to Rule 19b4(f)(6)(iii),\25\ 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 
proposes to amend its rules to establish listing criteria and 
withdrawal standards for options on Commodity-Based Trusts that hold 
multiple crypto assets. This aspect of the proposal would amend the 
Exchange's rules to be substantively identical in relevant part to 
rules governing listing standards and withdrawal criteria for options 
on Commodity-Based Trusts that hold multiple crypto assets on another 
options exchange, as discussed herein.\26\ The Exchange also proposes 
to amend its rules to permit the listing of options on Exchange-Traded 
Funds as defined in Rule 6c-11 in a manner substantively identical in 
relevant part to rules on another exchange, as discussed herein.\27\ 
The non-substantive technical edits conform the Exchange rulebook given 
the proposed substantive changes and will add clarity to the Exchange 
rulebook. This proposal does not raise any novel legal or regulatory 
issues. For these reasons, the Commission finds that waiver of the 30-
day operative delay is consistent with the protection of investors and 
the public interest. Therefore, the Commission hereby waives the 30-day 
operative delay and designates the proposed rule change to be operative 
upon filing.\28\
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    \24\ 17 CFR 240.19b-4(f)(6).
    \25\ 17 CFR 240.19b-4(f)(6)(iii).
    \26\ See supra Section II.A.1. See also note 6 and accompanying 
text.
    \27\ See supra Section II.A.1. See also note 8 and accompanying 
text.
    \28\ 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).
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    At any time within 60 days of the filing of the 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.

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:

[[Page 66756]]

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#99ebecf5fcb4faf6f4f4fcf7edead9eafcfab7fef6ef"><span class="__cf_email__" data-cfemail="cab8bfa6afe7a9a5a7a7afa4beb98ab9afa9e4ada5bc">[email&#160;protected]</span></a>. Please include 
file number SR-CboeEDGX-2026-067 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-2026-067. 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-2026-067 and should be 
submitted on or before November 12, 2026.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\29\
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    \29\ 17 CFR 200.30-3(a)(12), (59).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2026-21572 Filed 10-21-26; 8:45 am]
BILLING CODE 8011-01-P


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