Type:Notice
Citation:90 FR 18720
Reading Time:about 2 minutes
The Securities and Exchange Commission (SEC) is considering a proposed rule change filed by Cboe Exchange, Inc. This rule change would allow certain A.M.-settled index options to be traded during the Global Trading Hours on the day before they expire. The SEC has decided to extend the timeframe for deciding whether to approve or disapprove this rule change to June 15, 2025, to allow for more time to consider its implications.
Simple Explanation
The SEC is deciding whether to let some special trading options be available for trading a bit longer, right before they expire, and they've given themselves more time to think about it until June 15, 2025.