Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change, as Modified by Amendment No. 2, To Make Qualified Contingent Cross Orders Available for FLEX Option Trading

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Federal RegisterMay 3, 2021
86 Fed. Reg. 23478 (May. 3, 2021)
April 27, 2021.

On August 3, 2020, Cboe Exchange, Inc. (“Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 19b-4 thereunder, a proposed rule change to make Qualified Contingent Cross (“QCC”) Orders available for electronic FLEX option trading.

17 CFR 240.19b-4.

The proposed rule change was published for comment in the Federal Register on August 20, 2020. On October 1, 2020, pursuant to Section 19(b)(2) of the Exchange Act, 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 disapprove the proposed rule change. On October 23, 2020, the Exchange filed Amendment No. 1 to the proposed rule change, which replaced and superseded the proposed rule change as originally filed. On November 18, 2020, the Commission instituted proceedings under Section 19(b)(2)(B) of the Exchange Act to determine whether to approve or disapprove the proposed rule change, as modified by Amendment No. 1. On February 2, 2021, the Exchange submitted Amendment No. 2 to the proposed rule change, which replaced and superseded the proposed rule change, as modified by Amendment No. 1. On February 12, 2021, the Commission designated a longer period for Commission action on proceedings to determine whether to approve or disapprove the proposed rule change, as modified by Amendment No. 2. On April 14, 2021, the Exchange withdrew the proposed rule change (SR-CBOE-2020-075).

See Securities Exchange Act Release No. 89564 (August 14, 2020), 85 FR 51531.

15 U.S.C. 78s(b)(2).

See Securities Exchange Act Release No. 90062 (October 1, 2020), 85 FR 63312 (October 7, 2020).

In Amendment No. 1, the Exchange provided additional support for the proposal. The full text of Amendment No. 1 is available on the Commission's website at: https://www.sec.gov/comments/sr-cboe-2020-075/srcboe2020075-7940531-224727.pdf .

See Securities Exchange Act Release No. 90457, 85 FR 75071 (November 24, 2020).

In Amendment No. 2, the Exchange provided further support for the proposal. The full text of Amendment No. 2 is available on the Commission's website at: https://www.sec.gov/comments/sr-cboe-2020-075/srcboe2020075-8330243-228699.pdf .

See Securities Exchange Act Release No. 91127, 86 FR 10378 (February 19, 2021).

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.

J. Matthew DeLesDernier,

Assistant Secretary.

[FR Doc. 2021-09129 Filed 4-30-21; 8:45 am]

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