[Federal Register Volume 80, Number 81 (Tuesday, April 28, 2015)]
[Notices]
[Page 23618]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-09766]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-74786; File No. SR-CBOE-2015-022]


Self-Regulatory Organizations; Chicago Board Options Exchange, 
Incorporated; Notice of Designation of a Longer Period for Commission 
Action on Proposed Rule Change Related to Equipment and Communication 
on the Exchange's Trading Floor

April 22, 2015.
    On February 20, 2015, the Chicago Board Options Exchange, 
Incorporated (``Exchange'') 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 Exchange's rules 
relating to equipment and communication devices used on the Exchange's 
trading floor. The proposed rule change was published for comment in 
the Federal Register on March 10, 2015.\3\ The Commission received no 
comment letters on this proposal.
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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. 74438 (March 4, 
2015), 80 FR 12671.
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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 for this filing is April 24, 2015.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. The Commission finds that it is 
appropriate to designate a longer period within which to take action on 
the proposed rule change so that it has sufficient time to consider 
this proposed rule change. The proposed rule change would, among other 
things, eliminate the requirement for members to obtain approval from 
the Exchange before using any new communication device on the trading 
floor.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates June 8, 2015 as the date by which the Commission 
should either approve or disapprove, or institute proceedings to 
determine whether to disapprove, the proposed rule change (File No. SR-
CBOE-2015-022).
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    \5\ 15 U.S.C. 78s(b)(2).

    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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Brent J. Fields,
Secretary.
[FR Doc. 2015-09766 Filed 4-27-15; 8:45 am]
 BILLING CODE 8011-01-P