[Federal Register Volume 87, Number 34 (Friday, February 18, 2022)]
[Notices]
[Page 9399]
[FR Doc No: 2022-03494]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-94238; File No. SR-CboeBZX-2021-086]

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of
Designation of Longer Period for Commission Action on Proposed Rule
Change To Amend the Opening Auction Process Provided Under Rule
11.23(b)(2)(B)

February 14, 2022.
    On December 21, 2021, Cboe BZX 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 the
Opening Auction process provided under Rule 11.23(b)(2)(B). The
proposed rule change was published for comment in the Federal Register
on January 5, 2022.\3\ The Commission has received no comment letters
on the proposed rule change.
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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. 93888 (December 30,
2021), 87 FR 532.
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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 February 19, 2022.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending this 45-day time period. The Commission
finds that it is appropriate to designate a longer period within which
to take action on the proposal so that it has sufficient time to
consider the proposed rule change. Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,\5\ designates April 5, 2022,
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-2021-086).
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    \5\ Id.

    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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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03494 Filed 2-17-22; 8:45 am]
BILLING CODE 8011-01-P