[Federal Register Volume 85, Number 77 (Tuesday, April 21, 2020)]
[Notices]
[Page 22191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-08370]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-88640; File No. SR-CboeBZX-2019-086]


Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of 
Withdrawal of a Proposed Rule Change To Introduce a Small Retail Broker 
Distribution Program

April 15, 2020.
    On October 1, 2019, Cboe BZX Exchange, Inc. (``Exchange'' or 
``BZX'') 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 BZX 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 October 21, 2019.\4\ 
The Commission received no comment letters regarding the proposed rule 
change. On November 26, 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.
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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. 87312 (October 15, 
2019), 84 FR 56235 (October 21, 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. 87629 (November 26, 
2019), 84 FR 66245 (December 3, 2019).
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    On April 9, 2020, the Exchange withdrew the proposed rule change 
(SR-CboeBZX-2019-086).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-3(a)(57) and (58).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-08370 Filed 4-20-20; 8:45 am]
BILLING CODE 8011-01-P


