Federal Register #SR-NYSEAMER-2026-56

SEC Review of NYSE American LLC Options Fee Schedule Modifications

This opportunity concerns proposed regulatory changes affecting the NYSE American Options Trading Floor, as announced by the Securities and Exchange Commission (SEC). - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors: - NYSE American LLC (primary entity proposing the rule change) - NYSE Texas, Inc. (mentioned in related rule change, but not directly relevant to the options fee schedule) - Products/Services Requested: - Modification of the NYSE American Options Fee Schedule for manual options transactions - Increase in Market Maker manual transaction fees for non-Penny issues from $0.50 to $1.00 per contract - Establishment of a $0.20 per contract rebate for Floor Broker orders trading with Market Makers on the Trading Floor - Amendments to Sections I.A. and III.E. of the fee schedule - Amendment of NYSE Texas listing standards (deleting net tangible assets definition, changing concentrated holdings threshold, adopting a single listing tier) - Unique or Notable Requirements: - Fee and rebate changes are designed to incentivize Floor Broker participation and maintain Market Maker activity on the Trading Floor - No physical products or hardware are being procured; the opportunity is focused on regulatory and fee schedule modifications - The rebate for Floor Broker orders applies in lieu of other rebates for those participating in the FB Prepay Program - The changes are proposed to be effective upon approval, with no specified duration or option years

Description

The Securities and Exchange Commission has filed a proposed rule change by NYSE American LLC to modify the fee schedule related to fees and rebates for manual transactions. The proposal includes increasing the fee for Market Makers' manual transactions in non-Penny issues from $0.50 to $1.00 per contract. Additionally, it establishes a rebate of $0.20 per contract payable to Floor Broker orders that trade with Market Maker orders on the Trading Floor. The changes aim to incentivize Floor Brokers' participation and maintain Market Makers' activity on the Trading Floor, effective June 22, 2026.

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