Federal Register #S7-966

SEC Notice: Amendment to Plan for Allocation of Regulatory Responsibilities Among Exchanges and SROs for Options-Related Sales Practices

This notice from the Securities and Exchange Commission (SEC) announces an amendment to the plan for allocating regulatory responsibilities among exchanges and self-regulatory organizations (SROs) for options-related sales practices. - Regulatory Coordination: - The amendment is designed to improve oversight, reduce regulatory duplication, and foster cooperation among SROs. - Involved Organizations: - Cboe BZX Exchange, Inc. - BOX Exchange, LLC - Cboe Exchange, Inc. - Cboe C2 Exchange, Inc. - Nasdaq ISE, LLC - Financial Industry Regulatory Authority, Inc. (FINRA) - Miami International Securities Exchange, LLC - NYSE American LLC - NYSE Arca, Inc. - The Nasdaq Stock Market LLC - Nasdaq Texas LLC - Nasdaq PHLX LLC - Nasdaq GEMX, LLC - Cboe EDGX Exchange, Inc. - Nasdaq MRX, LLC - MIAX PEARL, LLC - MIAX Emerald, LLC - MIAX Sapphire, LLC - MEMX LLC - MX2 LLC - Investors Exchange LLC - No Procurement: - This is not a solicitation for products or services; it is a regulatory notice affecting the listed organizations. - Notable Requirement: - The amendment specifically addresses options-related sales practice matters, ensuring coordinated regulatory oversight across multiple exchanges and SROs.

Description

This notice announces the filing and approval of an amendment to the plan for allocating regulatory responsibilities among multiple exchanges and regulatory entities. The amendment concerns options-related sales practice matters and aims to coordinate regulatory oversight among the listed exchanges and organizations. The Securities and Exchange Commission issued an order approving and declaring effective this amendment. The plan is intended to reduce regulatory duplication and foster cooperation among self-regulatory organizations (SROs).

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