Federal Register - August 6, 2021

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Source: Federal Register

Federal Register / Vol. 86, No. 149 / Friday, August 6, 2021 / Notices corporate governance, conflict of interest, confidentiality and stock ownership and trading policies and guidelines of CGM, as well as the applicable provisions of the rules and regulations of the Commission and any stock exchange applicable to CGM.62
The Commission believes that the safeguards and limitations described above, including the representations set forth in Amendment Nos. 1, should help to ensure that CGM can comply with its Bylaws and any applicable laws, rules, regulations, including, among others, exchange listing standards on independent directors, consistent with Section 6b5 of the Act. The Commission further believes that the representations set forth in Amendment Nos. 1 will help to ensure that any independence standards adopted by the Board will apply uniformly among both Stockholder Nominees and Board nominees, consistent with Section 6b5 of the Act. Based on the foregoing, the Commission finds that the proposed rule changes, as modified by Amendment Nos. 1, are consistent with the Act.
Finally, the Commission finds that the proposed conforming changes to Sections 2.10 and 2.11 of the Bylaws are consistent with the Act because these changes prevent stockholder confusion by clarifying the operation of the proposed proxy access provision and other provisions by which stockholders may nominate directors to the Board.
IV. Solicitation of Comments on Amendment Nos. 1
Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule changes, as modified by Amendment Nos. 1, are consistent with the Act.
Comments may be submitted by any of the following methods:
Electronic Comments
jbell on DSKJLSW7X2PROD with NOTICES

Use the Commissions internet comment form http www.sec.gov/
rules/sro.shtml; or Send an email to rule-comments@
sec.gov. Please include File Nos. SR
CBOE2021023; SRCboeBYX2021
009; SRCboeBZX2021028; SR
CboeEDGA2021009; SRCboeEDGX
2021021; SRC22021007 on the subject line.
Paper Comments Send paper comments in triplicate to Secretary, Securities and Exchange 62 See proposed Bylaws Section 2.16fx. See also supra note 24 and accompanying text.

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Commission, 100 F Street NE, Washington, DC 205491090.
All submissions should refer to File Nos. SRCBOE2021023; SR
CboeBYX2021009; SRCboeBZX
2021028; SRCboeEDGA2021009;
SRCboeEDGX2021021; SRC2
2021007. These file numbers should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method.
The Commission will post all comments on the Commissions internet website http www.sec.gov/rules/sro.shtml.
Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule changes that are filed with the Commission, and all written communications relating to the proposed rule changes between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commissions Public Reference Room, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filings also will be available for inspection and copying at the principal office of the Exchanges. All comments received will be posted without change.
Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Nos.
SRCBOE2021023; SRCboeBYX
2021009; SRCboeBZX2021028; SR
CboeEDGA2021009; SRCboeEDGX
2021021; SRC22021007, and should be submitted on or before August 27, 2021.

apply uniformly to all director nominees, including Stockholder Nominees, and will comply with all applicable laws, rules, and regulations.63 The Commission believes that these revisions provide needed clarity to the proposed rule changes and help to ensure the proposal is consistent with investor protection under Section 6b5 of the Act. Accordingly, the Commission finds good cause for approving the proposed rule changes, as modified by Amendment Nos. 1, on an accelerated basis, pursuant to Section 19b2 of the Act.64

V. Accelerated Approval of Proposed Rule Changes, as Modified by Amendment Nos. 1

Pursuant to Section 19b1 of the Securities Exchange Act of 1934 the Act,1 and Rule 19b4 thereunder,2
notice is hereby given that on July 20, 2021, Cboe BZX Exchange, Inc. the Exchange or BZX filed with the Securities and Exchange Commission the Commission the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the Exchange. The Commission is publishing this notice to
The Commission finds good cause, pursuant to Section 19b2 of the Act, to approve the proposed rule changes, as modified by Amendment Nos. 1, prior to the 30th day after the date of publication of Amendment Nos. 1 in the Federal Register. As discussed above, in Amendment Nos. 1 the Exchanges clarify the circumstances under which Stockholder Nominees may be excluded from the proxy materials by representing that any publicly disclosed standards used by the Board in determining and disclosing independence of CGMs directors will
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VI. Conclusion It is therefore ordered, pursuant to Section 19b2 of the Act,65 that the proposed rule changes SRCBOE
2021023; SRCboeBYX2021009; SR
CboeBZX2021028; SRCboeEDGA
2021009; SRCboeEDGX2021021;
SRC22021007, as modified by Amendment Nos. 1, be, and hereby are, approved on an accelerated basis.
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.66
J. Matthew DeLesDernier, Assistant Secretary.
FR Doc. 202116796 Filed 8521; 8:45 am BILLING CODE 801101P

SECURITIES AND EXCHANGE
COMMISSION
Release No. 3492543; File No. SR
CboeBZX2021051

Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the ARK 21Shares Bitcoin ETF Under BZX Rule 14.11e4, Commodity-Based Trust Shares August 2, 2021.

63 See
Amendment Nos. 1, supra note 4.
U.S.C. 78sb2.
65 15 U.S.C. 78sb2.
66 17 CFR 200.303a12.
1 15 U.S.C. 78sb1.
2 17 CFR 240.19b4.
64 15

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Federal Register - August 6, 2021

TitreFederal Register

PaysÉtats-Unis

Date06/08/2021

Page count315

Edition count7801

Première édition14/03/1936

Dernière édition24/06/2026

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