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

Securities and Exchange Commission [Release No. 34-88642; File No. SR-CboeEDGA-2019-015] On October 1, 2019, Cboe EDGA Exchange, Inc. ("Exchange" or "EDGA") filed with the Secur...

Securities and Exchange Commission
  1. [Release No. 34-88642; File No. SR-CboeEDGA-2019-015]

On October 1, 2019, Cboe EDGA Exchange, Inc. (“Exchange” or “EDGA”) 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 EDGA 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 17, 2019.[4] The Commission received no comment letters regarding the proposed rule change. On December 10, 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 ( printed page 22234) 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 April 9, 2020, the Exchange withdrew the proposed rule change (SR-CboeEDGA-2019-015).

April 15, 2020.

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.[8]

J. Matthew DeLesDernier,

Assistant Secretary.

Footnotes

4.   See Securities Exchange Act Release No. 87294 (October 11, 2019), 84 FR 55638 (October 17, 2019).

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7.   See Securities Exchange Act Release No. 87709 (December 10, 2019), 84 FR 68523 (December 16, 2019).

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[FR Doc. 2020-08372 Filed 4-20-20; 8:45 am]

BILLING CODE 8011-01-P

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Federal Register Citation

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85 FR 22233

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“Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Introduce a Small Retail Broker Distribution Program,” thefederalregister.org (April 21, 2020), https://thefederalregister.org/documents/2020-08372/self-regulatory-organizations-cboe-edga-exchange-inc-notice-of-withdrawal-of-a-proposed-rule-change-to-introduce-a-small.