Federal Register #File No. 4-897

SEC Approves Minor Rule Violation Plan for Texas Stock Exchange LLC

This opportunity involves the Securities and Exchange Commission (SEC) declaring effective a minor rule violation plan (MRVP) for the Texas Stock Exchange LLC (TXSE): - Government Buyer: - Securities and Exchange Commission (SEC) - Texas Stock Exchange LLC (TXSE) as the self-regulatory organization - No OEMs or commercial vendors are mentioned - No products or services are being requested or procured - Key Details: - The MRVP allows TXSE to impose fines up to $2,500 for specified minor rule violations - The plan covers violations of TXSE rules related to trading data, order identification, market rules, communications, order display, market maker requirements, and audit trail compliance - TXSE must report quarterly to the SEC on actions taken under the plan, including violation details, fines, and disposition dates - No procurement activity, contract value, or product/service line items are present in this announcement

Description

This notice announces the order by the Securities and Exchange Commission (SEC) declaring effective a minor rule violation plan for the Texas Stock Exchange LLC, a self-regulatory organization. The plan specifies rule violations with sanctions not exceeding $2,500 and allows the Exchange to impose fines in lieu of formal disciplinary proceedings for minor violations. The Exchange will report quarterly to the SEC on actions taken under the plan. The plan aims to improve enforcement efficiency while maintaining regulatory oversight.

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