Federal Register #SR-PEARL-2026-30

SEC Notice: MIAX PEARL Rule Amendment and Cboe EDGX Options Regulatory Fee Increase

This notice from the Securities and Exchange Commission (SEC) details proposed regulatory changes by MIAX PEARL, LLC and Cboe EDGX Exchange, Inc.: - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - No OEMs or commercial vendors are involved; MIAX PEARL, LLC and Cboe EDGX Exchange, Inc. are self-regulatory organizations, not product manufacturers - Products/Services Requested: - Amendment to MIAX PEARL Exchange Rule 204 to align with FINRA rules on statutory disqualification, covering eligibility proceedings, application processes, supervisory plans, and appeals - Increase in Cboe EDGX Options Regulatory Fee (ORF) from $0.0002 to $0.00286 per contract for customer range options transactions - Unique or Notable Requirements: - The rule amendments are designed to harmonize MIAX PEARL's regulatory framework with FINRA and other exchanges, streamlining compliance for dual members - The Cboe EDGX fee change is scheduled to take effect on July 1, 2026 - No procurement of products, hardware, or commercial services is involved in this notice

Description

The Securities and Exchange Commission has published a notice regarding a proposed rule change by MIAX PEARL, LLC. The rule change involves amendments to Rule 100 (Definitions) and Rule 204, concerning members and associated persons who are or become subject to a statutory disqualification. The proposal aims to harmonize the Exchange's rules with those of FINRA to provide greater regulatory compliance efficiency for dual members. The proposed rule change has been filed and is effective immediately.

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