Federal Register #SR-CboeBZX-2026-038

SEC Notice: Cboe BZX Exchange Proposed Rule Change on Statutory Disqualification Procedures

This notice concerns a proposed regulatory rule change, not a procurement opportunity. - Government buyer: Securities and Exchange Commission (SEC) - No OEMs or vendors are involved, as this is not a product or service acquisition - No products or services are being requested - The notice details a rule change by Cboe BZX Exchange, Inc. to amend procedures for statutory disqualification, aligning with FINRA and other exchanges - Key changes include the adoption of a Statutory Disqualification Circular and harmonization of eligibility and application procedures - The purpose is to streamline regulatory processes and reduce burdens for dual members, while maintaining investor protection - No contract value, period of performance, or delivery locations are applicable

Description

This notice announces the filing and immediate effectiveness of a proposed rule change by Cboe BZX Exchange, Inc. to amend its rules regarding 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 with other self-regulatory organizations to reduce regulatory burdens and protect investors. The proposal also includes a Statutory Disqualification Circular outlining eligibility procedures and application requirements for members subject to disqualification.

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