Federal Register #SRCboeEDGX2026035

SEC Notice: Cboe EDGX Exchange Proposed Rule Change to Fee Schedule for Securities Priced Below $1.00

This notice from the Securities and Exchange Commission (SEC) details a proposed rule change by Cboe EDGX Exchange, Inc. regarding its fee schedule for securities priced below $1.00. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - No OEMs or vendors are involved, as this is a regulatory action, not a procurement - Products/Services Requested: - No products or services are being procured - The proposal introduces a new Retail Price Improvement (RPI) Add Tier to the fee schedule - Modifies the fee code table to clarify that certain transactions in securities priced below $1.00 are 'Free' instead of '0.00000' - Unique or Notable Requirements: - The new RPI Add Tier offers reduced fees for members who meet specific volume criteria, incentivizing liquidity through Retail Price Improvement Orders (RPI Orders) - The fee code table update aims to improve clarity for market participants - No procurement activity, contract value, or delivery locations are associated with this notice

Description

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by Cboe EDGX Exchange, Inc. to amend its fee schedule. The changes include the introduction of a new RPI add tier and modifications to the fee code table for securities priced below $1.00. The proposal aims to incentivize liquidity adding Retail Price Improvement Orders (RPI Orders) and provide a reduced fee for qualifying members. The rule change is effective upon filing and comments are invited until June 17, 2026.

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