[Federal Register Volume 89, Number 137 (Wednesday, July 17, 2024)]
[Notices]
[Page 58212]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15666]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-100495; File No. 4-820]


Options Price Reporting Authority; Notice of Designation of a 
Longer Period for Commission Action on a Proposed Amendment To Modify 
Section 5.2(c)(iii) of the OPRA Plan Relating to Dissemination of 
Exchange Proprietary Data Information

July 11, 2024.
    On November 8, 2023, the Cboe BZX Exchange, Inc. (``BZX Options''), 
Cboe Exchange, Inc. (``Cboe Options''), Cboe C2 Exchange, Inc. (``C2 
Options''), and Cboe EDGX Exchange, Inc. (``EDGX Options'') 
(collectively, the ``Sponsors'' or ``Cboe'') filed with the Securities 
and Exchange Commission (``Commission'') a proposed amendment to the 
Plan for Reporting of Consolidated Options Last Sale Reports and 
Quotation Information (``OPRA Plan''). The proposed amendment was 
published for comment in the Federal Register on January 22, 2024.\1\
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    \1\ See Options Price Reporting Authority; Notice of Filing of 
Proposed Amendment to Modify Section 5.2(c)(iii) of the OPRA Plan 
Relating to Dissemination of Exchange Proprietary Data Information, 
Securities Exchange Act Release No. 99345 (Jan. 16, 2024), 89 FR 
3963 (Jan. 22, 2024) (``Notice''). Comments received in response to 
the Notice can be found on the Commission's website at https://www.sec.gov/comments/4-820/4-820.htm.
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    On April 19, 2024, the Commission instituted proceedings pursuant 
to Rule 608(b)(2)(i) of Regulation NMS \2\ under the Exchange Act to 
determine whether to approve or disapprove the proposed amendment or to 
approve the proposed amendment with any changes or subject to any 
conditions the Commission deems necessary or appropriate after 
considering public comment.\3\ Rule 608(b)(2)(i) of Regulation NMS 
provides that such proceedings shall be concluded within 180 days of 
the date of publication of notice of the plan or amendment and that the 
time for conclusion of such proceedings may be extended for up to 60 
days (up to 240 days from the date of publication of notice of the plan 
or amendment) if the Commission determines that a longer period is 
appropriate and publishes the reasons for such determination or the 
plan participants consent to a longer period.\4\ The 180th day after 
publication of the Notice for the proposed amendment is July 20, 2024. 
The Commission is extending this 180-day period.
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    \2\ 17 CFR 242.608(b)(2)(i).
    \3\ See Options Price Reporting Authority; Order Instituting 
Proceedings to Determine Whether to Approve or Disapprove a Proposed 
Amendment To Modify Section 5.2(c)(iii) of the OPRA Plan Relating to 
Dissemination of Exchange Proprietary Data Information, Securities 
Exchange Act Release No. 99994 (Apr. 19, 2024), 89 FR 31785 (Apr. 
25, 2024). Comments received in response to the Order Instituting 
Proceedings can be found on the Commission's website at https://www.sec.gov/comments/4-820/4-820.htm.
    \4\ See 17 CFR 242.608(b)(2)(i).
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    The Commission finds that it is appropriate to designate a longer 
period within which to conclude proceedings regarding the proposed 
amendment so that it has sufficient time to consider the proposed 
amendment and the comments received. Accordingly, pursuant to Rule 
608(b)(2)(i) of Regulation NMS,\5\ the Commission designates September 
18, 2024, as the date by which the Commission shall conclude the 
proceedings to determine whether to approve or disapprove the proposed 
amendment or to approve the proposed amendment with any changes or 
subject to any conditions the Commission deems necessary or appropriate 
(File No. 4-820).
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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)(85).
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J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-15666 Filed 7-16-24; 8:45 am]
BILLING CODE 8011-01-P