Opportunity
Federal Register #SR-CBOE-2026-008
SEC Review of Cboe Exchange, Inc. Proposed Rule 8.23 on Prohibited Trading Activities
Securities and Exchange Commission
March 25, 2026
SR-CBOE-2026-008
This notice from the Securities and Exchange Commission (SEC) addresses a proposed rule change by Cboe Exchange, Inc. regarding trading practices: - The SEC is reviewing Cboe Exchange, Inc.'s proposal to adopt Rule 8.23, which would formally define and prohibit certain disruptive, fraudulent, or manipulative trading activities. - The SEC has temporarily suspended the proposed rule change and is initiating proceedings to decide whether to approve or disapprove it. - Public comments are being solicited to evaluate the rule's consistency with the Securities Exchange Act, focusing on preventing fraudulent acts, promoting fair trading, and protecting investors. - No procurement of products or services is involved; this is a regulatory action affecting Cboe Exchange, Inc. and its Trading Permit Holders. - The SEC's office in Washington, DC, is the primary location associated with this notice.
Description
The Securities and Exchange Commission (SEC) has issued a notice regarding Cboe Exchange, Inc.'s proposed rule change to adopt Rule 8.23, which would codify certain prohibited order and quote entry and trading activities deemed disruptive. The SEC has temporarily suspended this proposed rule change and instituted proceedings to determine whether to approve or disapprove it. The rule aims to prevent fraudulent and manipulative acts, promote just and equitable principles of trade, and protect investors and the public interest. The SEC is seeking public comments on the proposal to assess its consistency with the Securities Exchange Act requirements.