Search Results for keywords:"MIAX PEARL"

The Securities and Exchange Commission is reviewing non-substantive rules proposed by MIAX PEARL, LLC. These proposed changes are intended to clarify and update outdated rules in MIAX Pearl's Rulebook. Key changes include correcting the way certain information is announced, removing references to obsolete mini-options, and updating regulatory citations. The Commission is inviting comments from the public and has allowed these rule changes to be effective immediately, as they do not significantly impact investor protection or market competition.

The Securities and Exchange Commission has announced that the MIAX PEARL, LLC filed a proposed rule change on December 20, 2024, to update their fee schedule. This change aims to introduce new fee categories for their proprietary market data feeds, known as the Top of Market (ToM) and the Liquidity Feed (PLF). The proposal has been designated for immediate effectiveness, allowing it to be implemented without delay. The Commission is inviting public comments on this rule change, which can be submitted via email or their online comment form until January 31, 2025.

MIAX PEARL, LLC submitted a proposed rule change to the Securities and Exchange Commission to clarify instructions related to new Time-In-Force (TIF) options on its equity trading platform, MIAX Pearl Equities. The proposal includes updates like allowing Limit Orders with new TIF options such as "Day," "Fill-Or-Kill," "Good-til Time," and "Good-til Extended Day," expanding upon existing TIF options. These changes aim to provide consistency and clarity in the rules and align them with other national securities exchanges, without altering any trading functions. The update is anticipated to take effect in the first or second quarter of 2025, pending public comment and potential modifications.

MIAX PEARL, LLC has submitted a proposal to the Securities and Exchange Commission (SEC) to update its By-Laws with changes that would, among other things, remove the need to maintain certain committees such as the Compensation Committee and the Quality of Markets Committee. The proposal also includes updates to how compensation for officers is determined, excluding the Chief Regulatory Officer, and other personnel-related processes. The proposed changes will be effective immediately, and the SEC is inviting public comments on these updates until February 19, 2025.

The Securities and Exchange Commission (SEC) is considering a proposal by MIAX PEARL, LLC to change its fee schedule to include a discount program for its Open-Close Report. This proposed rule change was filed on December 20, 2024, and is designed to take effect immediately. The SEC is inviting public comments and has provided a form for electronic submission. Comments should be submitted by January 23, 2025, and must reference the file number SR-PEARL-2024-59.

The Securities and Exchange Commission has received a proposed rule change from MIAX PEARL, LLC, filed on March 5, 2025. This proposal aims to introduce a fee for participants who use the Exchange's testing systems environment through a dedicated cross connection. The proposal is immediately effective, and the Commission is inviting public comments on whether this change complies with the relevant regulations. Comments can be submitted online or via mail, and should refer to the designated file number SR-PEARL-2025-07.

MIAX PEARL, LLC submitted a request to the Securities and Exchange Commission (SEC) to amend a rule that would allow them to list and trade options on Commodity-Based Trust Shares. This proposal, initially filed on March 5, 2025, was modified with two amendments filed on March 11 and March 12. It was open for public comment until May 3, 2025, but no comments were received. The SEC decided to extend the decision period to June 17, 2025, to allow more time for consideration of the proposal.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change from MIAX PEARL, LLC to amend its Exchange Rule 402. This change would allow the listing and trading of options on Commodity-Based Trust Shares, similar to proposals by other exchanges like Nasdaq ISE and NYSE. Such options would give investors new ways to manage their investments, offering a lower-cost method and increased transparency compared to unregulated markets. Public comments on the proposal are being solicited before a decision is made.

The Securities and Exchange Commission (SEC) announced that it has extended the period for considering a proposed rule change by MIAX PEARL, LLC. MIAX PEARL wants to amend its by-laws to align with a new Equity Rights Program. The SEC originally had 45 days from December 9, 2020, to make a decision but has now extended the deadline to March 9, 2021. This extension will give the SEC more time to review the proposal thoroughly.

The Nasdaq Stock Market LLC has proposed a change to its rules concerning data feeds used for handling, routing, and executing stock orders. They plan to use direct feeds from MIAX PEARL, LLC and MEMX LLC as their primary sources for market data, with CQS/UQDF as a secondary source if needed. This change aims to enhance transparency and support a fair and open market by clearly showing where Nasdaq gets its quotation data. The proposed rule change is intended to be implemented within 90 days of its effective date, and the Securities and Exchange Commission is open to public comments on this proposal until March 15, 2021.