Securities and Exchange Commission
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-105188; File No. SR-CBOE-2026-004] April 9, 2026. I. Introduction On January 5, 2026, Cboe Exchange, Inc. (“Exchange” or “Cboe Options”) filed with the Securities and Exchange Commission (“Commission” or “SEC”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act” or the “Exchange Act”), [ 1 ] and Rule 19b-4 thereunder, [ 2 ] a proposal to amend its rules to permit future-option orders comprised of Cboe Volatility Index (“VIX”) options and VIX futures (“VX futures”) (“VIX future-option orders”). The proposed rule change was published for comment in the Federal Register on January 16, 2026. [ 3 ] On February 19, 2026, 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 ] The Commission received no comments regarding the proposed rule change. This order institutes proceedings under Section 19(b)(2)(B) of the Exchange Act  [ 6 ] to determine whether to approve or disapprove the proposed rule change. II. Description of the Proposed Rule Change As described more fully in the Notice, [ 7 ] the Exchange proposes to amend its rules to permit VIX future-option orders. VIX future-op…
Citation: 91 FR 19245
