# Federal Register #SR-CboeEDGA-2026-029

Notice of Proposed Rule Change by Cboe EDGA Exchange, Inc. to Amend Clearing Agency Terminology and Clarify Clearing Firm Eligibility

**Buyer:** Securities and Exchange Commission
**Posted:** September 23, 2026
**Identifier:** SR-CboeEDGA-2026-029

This notice from the Securities and Exchange Commission (SEC) concerns a proposed rule change by Cboe EDGA Exchange, Inc. regarding clearing agency terminology and eligibility.
- Regulatory context:
  - The amendment updates Rule 11.13(a) to replace 'Registered Clearing Agency' with 'Qualified Clearing Agency.'
  - Clarifies that non-member firms may act as clearing firms for exchange members.
- Key impacts:
  - Provides clearer terminology for market participants, aligning with definitions already in the rulebook.
  - Ensures all transactions continue to be cleared through a registered clearing agency using a continuous net settlement system.
- No procurement activity:
  - No products, OEMs, vendors, or purchase quantities are involved.
  - This is strictly a regulatory notice, not a solicitation for goods or services.

### Description

This notice pertains to a proposed rule change filed by Cboe EDGA Exchange, Inc. The amendment to Rule 11.13(a) replaces the term “Registered Clearing Agency” with “Qualified Clearing Agency” and clarifies that a non-member may act as a clearing firm. The change aims to provide clarity to market participants regarding clearing arrangements and does not alter the fundamental requirement that all transactions be cleared through a registered clearing agency using a continuous net settlement system. The proposal is effective immediately upon filing and is intended to promote transparency and protect investors.

[View original listing](https://www.federalregister.gov/documents/2026/09/23/2026-19397/self-regulatory-organizations-cboe-edga-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)