Opportunity

Federal Register #4-551

SEC Amendment: Options Market Surveillance Regulatory Coordination Among Exchanges

Buyer

Securities and Exchange Commission

Posted

August 13, 2026

Identifier

4-551

NAICS

523210

This notice from the Securities and Exchange Commission (SEC) addresses an amendment to the regulatory plan for options market surveillance among major U.S. exchanges and self-regulatory organizations (SROs): - The SEC is coordinating regulatory oversight for options trading across multiple exchanges and SROs - Participating organizations include NYSE American LLC, Cboe BZX Exchange, Cboe EDGX Exchange, Cboe C2 Exchange, Cboe Exchange, Nasdaq ISE, FINRA, NYSE Arca, The Nasdaq Stock Market, BOX Exchange, Nasdaq Texas, Nasdaq PHLX, Miami International Securities Exchange, Nasdaq GEMX, Nasdaq MRX, MIAX PEARL, MIAX Emerald, MIAX Sapphire, MEMX, MX2, and Investors Exchange LLC - The amendment adds MX2 LLC and Investors Exchange LLC (IEX) as new participants and updates Nasdaq BX to Nasdaq Texas - The plan allocates options-related market surveillance responsibilities to a single Designated Options Surveillance Regulator (DOSR) for each common member, reducing duplicative regulatory examinations - No products, equipment, or commercial services are being procured; this is a regulatory coordination action - The plan is ongoing, with annual reviews and biennial reallocations of regulatory responsibilities - No contract value, product line items, or OEMs are involved in this notice

Description

The Securities and Exchange Commission has issued a notice regarding the allocation of regulatory responsibilities among multiple exchanges and market participants concerning options-related market surveillance. The notice includes an order approving and declaring effective an amendment to the plan for allocation of regulatory responsibilities filed on July 23, 2026. The plan involves various self-regulatory organizations (SROs) such as NYSE American LLC, Cboe BZX Exchange, Nasdaq ISE, FINRA, and others. The amendment aims to coordinate regulatory oversight to avoid multiple examinations and enhance market surveillance for options trading.

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