11 Mar 2025
📈Cboe C2 Exchange Rule Change for Trading Permit Termination
Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Add Rule 3.13 To Codify the Existing Process for a Trading Permit Holder To Voluntarily Terminate Its Rights as a Trading Permit Holder
Summary
The SEC has issued a notice regarding a proposed rule change by Cboe C2 Exchange, Inc., aimed at codifying the process for Trading Permit Holders to voluntarily terminate their permits. The new rule will streamline compliance while inviting public commentary on the proposal to ensure it aligns with existing regulations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Cboe C2 Exchange, Inc. introduces a formal process for Trading Permit Holders to voluntarily terminate their trading rights. This affects compliance and operational procedures for affected businesses, requiring timely notification to the Exchange.