SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-106448; File No. SR-ISE-2026-42]

Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Designation of a Longer

Period for Commission Action on a Proposed Rule Change to Amend the Criteria for

Underlying Securities

September 21, 2026.

On July 28, 2026, Nasdaq ISE, LLC (“Exchange”) filed with the Securities and Exchange

Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of

1934 (“Act”)1 and Rule 19b-4 thereunder,2 a proposed rule change to adopt listing criteria for

options on commodity-based trusts that hold one or more digital commodities. The proposed

rule change was published for comment in the Federal Register on August 13, 2026.3 The

Commission received no comments regarding the proposed rule change.

Section 19(b)(2) of the Act4 provides that within 45 days of the publication of notice of

the filing of a proposed rule change, or within such longer period up to 90 days as the

Commission may designate if it finds such longer period to be appropriate and publishes its

reasons for so finding, or as to which the self-regulatory organization consents, the Commission

shall either approve the proposed rule change, disapprove the proposed rule change, or institute

proceedings to determine whether the proposed rule change should be disapproved. The 45 th day

after publication of the notice for this proposed rule change is September 27, 2026. The

Commission is extending this 45-day time period.

1

15 U.S.C. 78s(b)(1).

2

17 CFR 240.19b-4.

3

See Securities Exchange Act Release No. 106067 (Aug. 10, 2026), 91 FR 52387.

4

15 U.S.C. 78s(b)(2).

The Commission finds it appropriate to designate a longer period within which to take

action on the proposed rule change so that it has sufficient time to consider the proposed rule

change. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, 5 designates

November 11, 2026, as the date by which the Commission shall either approve or disapprove, or

institute proceedings to determine whether to disapprove, the proposed rule change (File No. SRISE-2026-42).

For the Commission, by the Division of Trading and Markets, pursuant to delegated

authority.6

Sherry R. Haywood,

Assistant Secretary.

5

Id.

6

17 CFR 200.30-3(a)(31).

2