Federal Register #SR-24X-2026-08

SEC Notice: Proposed Rule Change by 24X National Exchange LLC to Amend Exchange Rule 11.6

This notice concerns a proposed regulatory update by the Securities and Exchange Commission (SEC) regarding 24X National Exchange LLC: - Government buyer: Securities and Exchange Commission (SEC) - Regulated entity: 24X National Exchange LLC - No OEMs, vendors, or commercial products/services are involved - The proposed rule change amends Exchange Rule 11.6 to: - Clarify the handling of orders with a Post Only instruction - Remove references to the Display-Price Sliding instruction - Ensure the rule applies to all orders with a Post Only instruction, regardless of additional instructions - Update references to Regulation NMS, reflecting the renumbering of Rule 610(d) to Rule 610(e) - Purpose: Increase transparency and compliance in exchange order handling - No procurement, purchase quantities, or part numbers are included in this notice

Description

This notice announces a proposed rule change filed by 24X National Exchange LLC with the Securities and Exchange Commission. The rule change aims to amend Exchange Rule 11.6 to clarify the handling of orders containing a Post Only instruction and update references to Regulation NMS. The amendment removes references to the Display-Price Sliding instruction to reduce confusion and updates regulatory references to reflect recent amendments. The change is effective immediately to enhance transparency and compliance.

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