Opportunity
Federal Register #File No. 4-762
SEC Approval of Amended Regulatory Responsibilities Plan Among FINRA, MEMX LLC, and MX2 LLC
Buyer
Securities and Exchange Commission
Posted
March 25, 2026
Identifier
File No. 4-762
This regulatory notice from the Securities and Exchange Commission (SEC) announces approval of an amended plan for allocating regulatory responsibilities among FINRA, MEMX LLC, and MX2 LLC. - Government Buyer: - Securities and Exchange Commission (SEC), a U.S. federal agency - Involved Organizations: - Financial Industry Regulatory Authority, Inc. (FINRA) - MEMX LLC - MX2 LLC - Purpose and Scope: - Amended plan allocates examination and enforcement responsibilities for common members among the three self-regulatory organizations - Aims to reduce regulatory duplication and improve efficiency in oversight of securities laws and rules - Adds MX2 LLC as a participant in the plan - Updates procedures for handling statutory disqualifications - Specifies notice requirements for charges related to regulatory responsibilities - Notable Requirements: - Focus on cooperation, investor protection, and efficiency in the national market system - No products or services are being procured or awarded; this is a regulatory oversight notice, not a procurement opportunity
Description
The Securities and Exchange Commission (SEC) has approved and declared effective an amended plan for the allocation of regulatory responsibilities among the Financial Industry Regulatory Authority (FINRA), MEMX LLC, and MX2 LLC. This plan aims to reduce regulatory duplication by allocating examination and enforcement responsibilities for common members among these self-regulatory organizations. The amendment adds MX2 as a participant and updates procedures regarding statutory disqualifications and notice requirements for charges related to regulatory responsibilities. The plan fosters cooperation, investor protection, and efficiency in the national market system.