Federal Register #SR-MIAX-2026-29

Proposed Rule Change: Miami International Securities Exchange Options Regulatory Fee Amendment

This notice concerns a proposed rule change by the Miami International Securities Exchange, LLC (MIAX) regarding its Options Regulatory Fee (ORF): - Government buyer: Securities and Exchange Commission (SEC), referencing Miami International Securities Exchange, LLC (MIAX) - No OEMs, vendors, or commercial products/services are involved, as this is a regulatory action - Key details of the rule change: - Sets the ORF rate at $0.0170 per contract side - Clarifies the methodology for collecting the ORF - ORF applies to options transactions that clear in the customer range at The Options Clearing Corporation (OCC) - Fee is collected from both members and non-members for all customer transactions executed on the Exchange - Updates rule text for clarity and removes obsolete language - ORF is designed to cover a material portion of the Exchange's regulatory costs, with ongoing monitoring and adjustments as needed - No procurement, products, or services are being solicited or awarded

Description

The Securities and Exchange Commission published a notice regarding a proposed rule change by the Miami International Securities Exchange, LLC. The rule change involves amendments to the Exchange's Options Regulatory Fee (ORF), including setting the ORF rate to $0.0170 per contract side effective July 1, 2026, and clarifying the ORF collection methodology. The filing is effective immediately upon filing and aims to ensure regulatory fees cover a material portion of the Exchange's regulatory costs without exceeding them.

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