# Federal Register #SR-MEMX-2026-31

MEMX proposal to lower Tape B Volume Tier 2 rebate eligibility threshold

**Buyer:** Securities and Exchange Commission
**Posted:** October 09, 2026
**Respond By:** October 30, 2026
**Identifier:** SR-MEMX-2026-31

The Securities and Exchange Commission (SEC) published a notice about a proposed MEMX LLC fee-schedule change.
- **Government agency:** Securities and Exchange Commission (SEC).
- **Company named:** MEMX LLC, which proposed the change.
- **Proposed change:** Lower the Tape B Volume Tier 2 rebate eligibility threshold from 0.25% to 0.20% of Tape B total consolidated volume (TCV), excluding Retail Orders.
- **Rebate:** The additive rebate remains $0.0002 per share for qualifying Added Displayed Volume in Tape B securities priced over $1.00 per share.
- **Status:** The change became effective upon filing, and the SEC invited public comments.
- **Procurement relevance:** This is a regulatory notice, not a procurement opportunity; no products or services, quantities, or part numbers are requested.

### Description

MEMX LLC proposes to amend its fee schedule by reducing the Tape B Volume Tier 2 eligibility threshold. The proposed change lowers the required Tape B ADAV from 0.25% to 0.20% of Tape B TCV, excluding Retail Orders, while keeping the additive rebate unchanged at $0.0002 per share. The change is intended to encourage Members to maintain or increase order flow, including liquidity-adding orders in Tape B securities. The rule change became effective upon filing, and the SEC is soliciting comments through October 30, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/10/09/2026-20706/self-regulatory-organizations-memx-llc-notice-of-filing-and-immediate-effectiveness-of-a-proposed)