Federal Register #SR-MX2-2026-03

SEC Notice: MX2 LLC Proposed Rule Change for Ongoing Waive-In Membership Applications

This notice from the Securities and Exchange Commission (SEC) announces a proposed rule change by MX2 LLC regarding exchange membership procedures. - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors: - No OEMs or commercial vendors are mentioned; the notice concerns regulatory procedures - Products/Services Requested: - Amendment to MX2 LLC Rule 2.13 - Service: Ongoing waive-in membership application process for eligible applicants - Eligible applicants: Current members of MEMX LLC who are also active members of FINRA or another registered national securities exchange - Unique or Notable Requirements: - Removes the previous 90-day limitation on the waive-in process, making it available at any time - Aims to streamline and simplify the membership application process for qualified firms - No reduction in regulatory oversight or membership standards - No products, part numbers, or quantities are being procured; this is a procedural change

Description

The Securities and Exchange Commission has published a notice regarding a proposed rule change by MX2 LLC. The rule change involves amendments to Rule 2.13 concerning the application process and a waiver-in process. The notice indicates that the proposed rule change has been filed and is effective immediately. The amendment removes the 90-day limitation on the waive-in membership application process, making it available on an ongoing basis to eligible applicants who are current members of MEMX LLC and active members of FINRA or another registered national securities exchange. The proposal aims to streamline membership applications without diminishing regulatory oversight.

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