On June 30, 2020, Cboe Exchange, Inc. (“Exchange”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act”) ^[1] and Rule 19b-4 thereunder,^[2] a proposed rule change to authorize for trading flexible exchange options on full-value indexes with a contract multiplier of one.

The proposed rule change was published for comment in the Federal Register on July 20, 2020.^[3] On September 2, 2020, pursuant to Section 19(b)(2) of the Exchange 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 disapprove the proposed rule change.^[5] On October 15, 2020, the Commission instituted proceedings under Section 19(b)(2)(B) of the Exchange Act ^[6] to determine whether to approve or disapprove the proposed rule change.^[7] On January 12, 2021, the Exchange submitted Amendment No. 1 to the proposed rule change.^[8] On January 14, 2021, the Commission designated a longer period for Commission action on proceedings to determine whether to approve or disapprove the proposed rule change, as modified by Amendment No. 1.^[9] On February 4, 2021, the Exchange submitted Amendment No. 2 to the proposed rule change.^[10] On February 12, 2021, the Exchange withdrew the proposed rule change (SR-CBOE-2020-034).