Federal Register #SR-CBOE-2026-024

SEC Notice: Proposed Rule Change for Cboe Complex Orders and Auctions

This notice concerns a proposed rule change by Cboe Exchange, Inc. reviewed by the Securities and Exchange Commission (SEC): - Government Buyer: - Securities and Exchange Commission (SEC), Office of FOIA Services - OEMs and Vendors: - No OEMs or commercial vendors are involved; this is a regulatory action - Products/Services Requested: - No physical products or commercial services are being procured - The notice references compliance with SEC Rule 17a7 (recordkeeping for affiliated transactions by registered investment companies), but this is not a procurement request - Unique or Notable Requirements: - Proposed amendments would allow stop-limit complex orders and introduce Stop Complex Order Auctions (SCOA) as a new auction mechanism on Cboe Exchange - Enhancements focus on automating order triggers, improving risk controls, and strengthening investor protections - The SEC is soliciting public comments on these regulatory changes - No contract value, quantities, or part numbers are associated with this notice - Place of Performance/Delivery: - SEC headquarters, 100 F Street NE, Washington, DC

Description

This notice announces a proposed rule change by Cboe Exchange, Inc. to amend its rules concerning complex orders and complex order auctions. The amendments include accommodating stop-limit complex orders and establishing Stop Complex Order Auctions (SCOA) as a new auction mechanism. The proposal aims to improve order processing, price improvement opportunities, and investor protections by introducing new trigger conditions and auction procedures for these complex orders.

View original listing