Type:Notice
Citation:90 FR 7204
Reading Time:about 3 minutes
MIAX Sapphire, LLC has filed a proposed rule change with the Securities and Exchange Commission to establish a Virtual Trading Floor, as outlined in Exchange Rule 2090. This proposal is effective immediately and invites public comments until February 11, 2025. The public can view the details and submit comments either electronically through the SEC's website or by mail. The SEC may temporarily suspend the rule change within 60 days if it's deemed necessary for public interest or investor protection.
Simple Explanation
MIAX Sapphire wants to create a place online where people can trade like in a real market. People can tell the SEC what they think about this idea, but they should be careful not to share personal details because others might see them.