Rule filings are not effective until approved by the Securities and Exchange Commission ("SEC"), with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder. Below are pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.
The Exchange proposes to amend its rule regarding Trading Permit Holders and associated persons of a Trading Permit Holder who are or become subject to a statutory disqualification.
The Exchange proposes to amend its fee schedule entitled “Consolidated Audit Trail Funding Fees” to establish fees for Industry Members related to certain historical costs of the National Market System Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or “Plan”) incurred prior to January 1, 2022 that were not previously invoiced via Historical CAT Assessment 1.
The Exchange proposes to amend its “Consolidated Audit Trail Funding Fees” fee schedule to establish fees for Industry Members related to reasonably budgeted CAT costs of the National Market System Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or “Plan”) for the period from May 1, 2026 through December 31, 2026.
The Exchange proposes to modify Rule 11.6(e)(2) and Rule 11.10(a)(4)(C) – (D) to describe the behavior of orders containing a Non-Displayed instruction.
The Exchange proposes to adopt Rules 11.22 and 11.23 to integrate several definitions and concepts from the Amended CTA/CQ Plan and to reorganize existing Rule 11.16 in light of the Exchange’s experience with applying the rule during its time as a national securities exchange and to make conforming changes to related rules.
