Federal Register #SR-CBOE-2026-058

Cboe Exchange, Inc. Proposes Amendment to Options Regulatory Fee (ORF)

This opportunity involves a regulatory fee change proposed by Cboe Exchange, Inc. and announced by the Securities and Exchange Commission (SEC): - Government Buyer: - Securities and Exchange Commission (SEC) - OEM/Vendor: - Cboe Exchange, Inc. (primary and only OEM/vendor mentioned) - Products/Services Requested: - Amendment to the Options Regulatory Fee (ORF) for customer range transactions on the Exchange - Increase in ORF from $0.0023 to $0.01248 per contract (applies to customer range transactions occurring on the Exchange only) - Fee designed to recover regulatory costs for supervising and regulating customer options business (including surveillance, investigations, examinations, financial monitoring, and enforcement) - Unique/Notable Requirements: - The proposal includes clarifying the fee description and removing outdated language - No specific products, hardware, or purchase quantities are requested; the focus is on regulatory fee methodology and rate changes - The change is effective upon rule change implementation, with no defined period or option years - Key OEM Highlight: - Cboe Exchange, Inc. is the only OEM/vendor referenced in this notice

Description

Cboe Exchange, Inc. proposes to amend its Fees Schedule relating to the Options Regulatory Fee (ORF). The amendment includes increasing the ORF from $0.0023 per contract to $0.01248 per contract for customer range transactions occurring on the Exchange only, effective July 1, 2026. The ORF is designed to recover a material portion of the regulatory costs associated with supervising and regulating customer options business. The proposal also includes nonsubstantive changes to clarify the fee description and delete outdated language.

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