[Federal Register Volume 89, Number 136 (Tuesday, July 16, 2024)]
[Notices]
[Page 57960]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15501]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100487; File No. SR-CBOE-2023-063]


Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of 
Withdrawal of a Proposed Rule Change To Amend the Exchange's Rules 
Relating to Position and Exercise Limits

July 10, 2024.
    On November 29, 2023, Cboe Exchange, Inc. (the ``Exchange'' or 
``Cboe'') filed with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ a 
proposed rule change to amend its rules relating to position and 
exercise limits. The proposed rule change was published for comment in 
the Federal Register on December 14, 2023.\3\ The Commission has 
received three comment letters regarding the proposed rule change.\4\ 
On January 23, 2024, pursuant to Section 19(b)(2) of the Act,\5\ 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 approve or disapprove the proposed 
rule change.\6\
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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. 99119 (Dec. 8, 
2023), 88 FR 86701.
    \4\ See letters from: Ellen Greene, Managing Director, Equity 
and Options Market Structure, Securities Industry and Financial 
Management Association (``SIFMA''), dated January 26, 2024; and 
Ji[rcaron][iacute] Kr[oacute]l, Deputy CEO, Global Head of 
Government Affairs, Alternative Investment Management Association 
(``AIMA''), dated January 14, 2024; and letter from Jennifer W. Han, 
Executive Vice President, Chief Counsel and Head of Global 
Regulatory Affairs, Managed Funds Association (``MFA''), dated 
January 4, 2024. Comment letters on the proposed rule change are 
available at https://www.sec.gov/comments/sr-cboe-2023-063/srcboe2023063.htm.
    \5\ 15 U.S.C. 78s(b)(2).
    \6\ See Securities Exchange Act Release No. 99417 (Jan. 23, 
2024), 89 FR 5588 (Jan. 29, 2024). The Commission designated March 
13, 2024, as the date by which the Commission shall approve or 
disapprove, or institute proceedings to determine whether to approve 
or disapprove, the proposed rule change.
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    On March 12, 2024, the Commission issued an order instituting 
proceedings pursuant to Section 19(b)(2)(B) of the Act \7\ to determine 
whether to approve or disapprove the proposed rule change.\8\ On June 
6, 2024, pursuant to Section 19(b)(2) of the Act,\9\ the Commission 
designated a longer period of time within which to determine whether to 
approve or disapprove the proposed rule change.\10\ On July 3, 2024, 
the Exchange withdrew the proposed rule change (Cboe-2023-063).
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    \7\ 15 U.S.C. 78s(b)(2)(B).
    \8\ See Securities Exchange Act Release No.99721 (Mar. 12, 
2024), 89 FR 19622 (Mar. 19, 2024).
    \9\ 15 U.S.C. 78s(b)(2).
    \10\ See Securities Exchange Act Release No. 34-100292 (Jun. 6, 
2024), 89 FR 49945 (Jun. 12, 2024).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\11\
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    \11\ 17 CFR 200.30-3(a)(12).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-15501 Filed 7-15-24; 8:45 am]
BILLING CODE 8011-01-P