Federal Register #SR-MIAX-2026-39

MIAX proposal to require compliance with FINRA Rule 3220

The Securities and Exchange Commission (SEC) notice covers a proposed Miami International Securities Exchange (MIAX) rule on gifts or payments that could influence employees of other organizations. - Government agency: Securities and Exchange Commission (SEC), which published the notice. - Organization proposing the rule: Miami International Securities Exchange, LLC (MIAX). - Proposed requirement: MIAX would adopt Exchange Rule 1328, requiring its members and associated persons to comply with Financial Industry Regulatory Authority (FINRA) Rule 3220, “Influencing or Rewarding Employees of Others,” including subsequent amendments. - Purpose: Align MIAX’s rules with FINRA’s and address potentially improper gifts or payments to employees of customers, vendors, or other parties. - Procurement status: This is a regulatory rulemaking notice, not a procurement opportunity or contract award. No products, services, quantities, or part numbers are requested.

Description

Miami International Securities Exchange, LLC proposes to adopt Rule 1328, “Influencing or Rewarding Employees of Others,” within Chapter 13, Doing Business with the Public. The rule would require exchange members and persons associated with members to comply with FINRA Rule 3220 and its amendments. The proposal is intended to align the exchange’s rules with FINRA’s rules for purposes of their regulatory agreement and to address gifts that could influence or reward employees of others. The SEC notice invites interested persons to submit comments by October 27, 2026.

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