Federal Register #SR-IEX-2026-20

SEC Notice: Rule Changes Affecting IEX and Nasdaq GEMX Connectivity Services

This opportunity relates to proposed rule changes by the Securities and Exchange Commission (SEC) affecting Investors Exchange LLC (IEX) and Nasdaq GEMX, LLC. - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors Mentioned: - Investors Exchange LLC (IEX) - Nasdaq GEMX, LLC - Products/Services Requested: - Non-contiguous Intrafirm Cabinet Connectivity Service - Provided by Nasdaq GEMX, LLC - Installation fee: $550 - No ongoing monthly fee - Service involves cross connections between non-adjacent cabinets within the Exchange's data center - Unique or Notable Requirements: - Rule change eliminates the requirement for IEX to distribute an information circular before trading UTP Exchange Traded Products, instead relying on the primary listing exchange's circular - Nasdaq GEMX's rule change explicitly lists non-contiguous intrafirm cabinet connectivity as a subset of Fiber connectivity and updates related fees and service provisions - No specific product part numbers or purchase quantities are mentioned - The notice is regulatory in nature and does not represent a traditional procurement or construction project

Description

This notice announces a proposed rule change by Investors Exchange LLC to amend IEX Rule 16.160 concerning information circular requirements for UTP Exchange Traded Products. The amendment removes the requirement for the Exchange to distribute an information circular prior to trading commencement, relying instead on the primary listing exchange's circular. It also updates cross references to other rules and aligns written description requirements with those of the listing exchange. The rule change aims to eliminate duplicative obligations while maintaining investor protections.

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