Federal Register #SRMRX202633

SEC Amendment to Options Market Surveillance Regulatory Responsibilities Plan

This opportunity concerns a regulatory amendment approved by the Securities and Exchange Commission (SEC) regarding options market surveillance responsibilities among self-regulatory organizations (SROs): - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - Involved SROs (not commercial vendors or OEMs): - NYSE American LLC - Cboe BZX Exchange, Inc. - Cboe EDGX Exchange, Inc. - Cboe C2 Exchange, Inc. - Cboe Exchange, Inc. - Nasdaq ISE, LLC - Financial Industry Regulatory Authority, Inc. (FINRA) - NYSE Arca, Inc. - The Nasdaq Stock Market LLC - BOX Exchange LLC - Nasdaq Texas, LLC (formerly Nasdaq BX) - Nasdaq PHLX LLC - Miami International Securities Exchange, LLC - Nasdaq GEMX, LLC - Nasdaq MRX, LLC - MIAX PEARL, LLC - MIAX Emerald, LLC - MIAX Sapphire - MEMX LLC - MX2 LLC (newly added) - Investors Exchange LLC (IEX, newly added) - Products/Services Requested: - No commercial products or services are being procured - The amendment allocates regulatory responsibilities for options-related market surveillance among SROs - Designates a single SRO as the Designated Options Surveillance Regulator (DOSR) for each common member - Unique/Notable Requirements: - Amendment adds MX2 and IEX as new participants - Updates Nasdaq BX to Nasdaq Texas - Plan aims to reduce duplicative regulatory examinations and foster cooperation among SROs - Ongoing plan with annual reviews and biennial reallocations - All amendments require SEC approval - No OEMs or commercial vendors are involved; this is a regulatory coordination action, not a procurement.

Description

This notice announces the Securities and Exchange Commission's approval and declaration effective of an amendment to the plan for allocating regulatory responsibilities among multiple self-regulatory organizations (SROs) including NYSE American LLC, Cboe BZX Exchange, Inc., Nasdaq ISE, LLC, FINRA, and others. The amendment pertains to options-related market surveillance and is filed pursuant to Rule 17d-2 of the Securities Exchange Act of 1934. The plan aims to coordinate regulatory responsibilities to avoid multiple examinations of the same entities by different SROs. Interested persons are invited to submit comments on the proposed rule change by September 3, 2026.

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