Federal Register #SR-PEARL-2026-29

SEC Notice: MIAX PEARL, LLC Proposed By-Law Amendments for Board Observer Role

This notice from the Securities and Exchange Commission (SEC) concerns a proposed rule change by MIAX PEARL, LLC regarding its corporate governance structure. - The proposal seeks to amend MIAX PEARL, LLC's By-Laws - Establishes the role of observers on the Board of Directors - Defines the rights and nomination process for observers - Removes outdated references to Equity Rights Programs (ERPs) and initial committees - Aligns MIAX PEARL's governance with its affiliates, MIAX Emerald and MIAX Sapphire - References similar provisions in MEMX LLC and MEMX Holdco - No products, services, or procurement activities are involved - No OEMs, vendors, part numbers, or purchase quantities are mentioned - This is a regulatory notice, not a solicitation or contract award

Description

The Securities and Exchange Commission has filed a notice regarding MIAX PEARL, LLC, proposing to amend its By-Laws to establish the role of observers. The amendment includes defining the rights of observers and the nomination process. The proposal also removes outdated text regarding Equity Rights Programs and initial committees. This rule change is effective immediately and is part of the SEC's regulatory process for self-regulatory organizations.

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