Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Introduce a Small Retail Broker Distribution Program
| Published date | 21 April 2020 |
| Citation | 85 FR 22190 |
| Record Number | 2020-08382 |
| Section | Notices |
| Court | Securities And Exchange Commission |
Federal Register, Volume 85 Issue 77 (Tuesday, April 21, 2020)
[Federal Register Volume 85, Number 77 (Tuesday, April 21, 2020)]
[Notices]
[Pages 22190-22191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-08382]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-88645; File No. SR-CboeEDGX-2019-048]
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice
of Withdrawal of a Proposed Rule Change To Introduce a Small Retail
Broker Distribution Program
April 15, 2020.
On August 1, 2019, Cboe EDGX Exchange, Inc. (``Exchange'' or
``EDGX'') 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 EDGX fee schedule to introduce a
Small Retail Broker Distribution Program. The proposed rule change was
immediately effective upon filing with the Commission pursuant to
Section 19(b)(3)(A) of the Act.\3\ The proposed rule change was
published for comment in the Federal Register on August 20, 2019.\4\
The Commission received no comment letters regarding the proposed rule
change. On September 30, 2019, the Commission issued an order
temporarily suspending the proposed rule change pursuant to Section
19(b)(3)(C) of the Act \5\ and simultaneously instituting proceedings
under Section 19(b)(2)(B) of the Act \6\ to determine whether to
approve or disapprove the proposed rule change (``OIP'').\7\ The
Commission received no comment letters in response to the OIP. On
February 12, 2020, pursuant to Section 19(b)(2) of the Act,\8\ the
Commission designated a longer period within which to approve or
disapprove the proposed rule change.\9\ On April 9, 2020, the Exchange
withdrew the
[[Page 22191]]
proposed rule change (SR-CboeEDGX-2019-048).
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ See Securities Exchange Act Release No. 86678 (August 14,
2019), 84 FR 43246 (August 20, 2019).
\5\ 15 U.S.C. 78s(b)(3)(C).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 87163 (September 30,
2019), 84 FR 53203 (October 4, 2019).
\8\ 15 U.S.C. 78s(b)(2).
\9\ See Securities Exchange Act Release No. 88178 (February 12,
2020), 85 FR 9503 (February 19, 2020).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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\10\ 17 CFR 200.30-3(a)(57) and (58).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-08382 Filed 4-20-20; 8:45 am]
BILLING CODE 8011-01-P
