Federal Register #SRCBOE2026016

SEC Notice of Extended Review Period for Cboe Exchange Rule Change on DPMs in Global Trading Hours

This notice from the Securities and Exchange Commission (SEC) addresses a proposed rule change by Cboe Exchange, Inc. regarding Designated Primary Market-Makers (DPMs) in Global Trading Hours and Curb Sessions. - Government Buyer: - Securities and Exchange Commission (SEC) - Cboe Exchange, Inc. is the submitting entity - Proposal Details: - Amends rules for DPM appointments during Global Trading Hours and Curb Sessions - Allows DPM appointments to be the same or different across multiple trading sessions - Applies DPM obligations and participation entitlements to these sessions - Includes administrative updates - Notable Requirements: - No procurement of products or services - No OEMs, vendors, or purchase quantities specified - Review Period: - SEC has extended the period for Commission action to allow more time for consideration - Place of Performance: - SEC headquarters, Washington, DC

Description

The Securities and Exchange Commission (SEC) has issued a notice regarding a proposed rule change filed by Cboe Exchange, Inc. This proposal seeks to amend rules related to Designated Primary Market-Makers (DPMs) and their appointments during Global Trading Hours and Curb Sessions. The changes include allowing DPM appointments across multiple trading sessions, applying DPM obligations and participation entitlements to these sessions, and making administrative updates. The SEC has designated a longer period for action on this proposal to allow sufficient time for consideration.

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