    [Federal Register Volume 91, Number 58 (Thursday, March 26, 2026)]
    [Notices]
    [Pages 14730-14731]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 2026-05844]

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    SECURITIES AND EXCHANGE COMMISSION

    [Release No. 34-105063 File No. SR-CBOE-2025-079]

    Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of
    Designation of a Longer Period for Commission Action on a Proposed Rule
    Change To Allow for Extended Trading of Multi-Listed Equity Options

    March 23, 2026.
        On September 30, 2025, Cboe 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 Cboe Rule
    5.1(c) (Global Trading Hours) to allow for extended trading sessions of
    multi-listed equity options that meet certain eligibility criteria. The
    proposed rule change was published for comment in the Federal Register
    on October 3, 2025.\3\ On November 3, 2025, pursuant to Section
    19(b)(2) of the Act,\4\ 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.\5\ On December 23,
    2025, the Commission instituted proceedings pursuant to Section
    19(b)(2)(B) of the Act \6\ to determine whether to approve or
    disapprove the proposed rule change.\7\ The Commission received one
    comment letter regarding the proposed rule change.\8\
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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. 104160 (Sep. 30,
    2025), 90 FR 48091.
        \4\ 15 U.S.C. 78s(b)(2).
        \5\ See Securities Exchange Act Release No. 104173, 90 FR 51424
    (Nov. 17, 2025). The Commission designated January 1, 2026, 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.
        \6\ 15 U.S.C. 78s(b)(2)(B).
        \7\ See Securities Exchange Act Release No. 104509, 90 FR 61454
    (Dec. 31, 2025).
        \8\ Comment letters on the proposed rule change are available at
    https://www.sec.gov/rules-regulations/public-comments/sr-cboe-2025-079.
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        Section 19(b)(2) of the Act \9\ provides that, after initiating
    disapproval proceedings, the Commission shall issue an order approving
    or disapproving the proposed rule change not later than 180 days after
    the date of publication of notice of filing of the proposed rule
    change. The Commission may extend the period for issuing an order
    approving or disapproving the proposed rule change, however, by not
    more than 60 days if the Commission determines that a longer period is
    appropriate and publishes the reasons for such determination. The
    proposed rule change was published for notice and comment in the
    Federal Register on October 3, 2025.\10\ April 1, 2026, is 180 days
    from that date. The Commission is extending the time period for
    approving or disapproving the proposed rule change for an additional 60
    days. The Commission finds it appropriate to designate a longer period
    within which to issue an order approving or disapproving the proposed
    rule change so that it has sufficient time to consider the proposed
    rule change and the issues raised therein. Accordingly, the Commission,
    pursuant to Section 19(b)(2) of the Act,\11\ designates May 31, 2026,
    as the date by which the Commission shall either approve or disapprove
    the proposed rule change (File No. SR-CBOE-2025-079).
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        \9\ 15 U.S.C. 78s(b)(2).
        \10\ See supra note 3.
        \11\ 15 U.S.C. 78s(b)(2).

    [[Page 14731]]

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        For the Commission, by the Division of Trading and Markets,
    pursuant to delegated authority.\12\
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        \12\ 17 CFR 200.30-3(a)(57).
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    Vanessa A. Countryman,
    Secretary.
    [FR Doc. 2026-05844 Filed 3-25-26; 8:45 am]
    BILLING CODE 8011-01-P