SECURITIES AND EXCHANGE COMMISSIONMay 1st, 2023
FiledMay 1st, 2023On September 28, 2009, the Chicago Board Options Exchange, Incorporated (‘‘CBOE’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 a proposal to amend CBOE Rule 8.13, ‘‘Preferred Market-Maker Program’’ to establish a participation entitlement for complex orders designated to Preferred Market Makers and to clarify the operation of the Hybrid System with respect to the existing Preferred Market Maker participation entitlement for individual options orders. The proposed rule change was published for comment in the Federal Register on October 7, 2009.3 The Commission received no comments regarding the proposal. This order approves the proposed rule change.