Federal Register #SR-CboeEDGA-2026-015

SEC Notice: Proposed Rule Change for Cboe EDGA Exchange Statutory Disqualification Procedures

This notice concerns a regulatory rulemaking action by the Securities and Exchange Commission (SEC), not a procurement opportunity. - The SEC is reviewing a proposed rule change from Cboe EDGA Exchange, Inc. - The proposal aims to amend Exchange Rule 2.5 and adopt Rule 2.13 - Aligns statutory disqualification procedures for members and associated persons with those of FINRA and other major exchanges - Introduces a Statutory Disqualification Circular outlining eligibility and relief provisions - The goal is to harmonize rules across exchanges, streamline application administration, and prevent inconsistent outcomes for members of multiple exchanges - Other exchanges referenced include Nasdaq, IEX, and NYSE, which have adopted similar rules - No products, services, or vendors are being procured; this is a regulatory action only

Description

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by Cboe EDGA Exchange, Inc. to amend its rules concerning members and associated persons who are or become subject to a statutory disqualification. The proposed amendments include changes to Exchange Rule 2.5 and adoption of Rule 2.13 to align with Financial Industry Regulatory Authority (FINRA) rules and industry standards. The changes aim to streamline the administration of statutory disqualification procedures and harmonize rules across exchanges to prevent inconsistent outcomes for members of multiple exchanges. The proposal also includes a Statutory Disqualification Circular outlining eligibility procedures and incorporates relief provisions for certain disqualifications.

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