📊Cboe EDGA Exchange Proposed Rule Change
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 13.4(a)
Summary
The Securities and Exchange Commission announces the immediate effectiveness of a proposed rule change by Cboe EDGA Exchange regarding public disclosure of data sources used for order handling, routing, execution, and compliance. The amendment reflects the name change of NYSE Chicago to NYSE Texas, promoting greater clarity and transparency in the exchange's operations. Comments from the public are solicited for further input.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text outlines a regulatory update regarding a proposed rule change on data source disclosures by Cboe EDGA, which affects order handling and compliance processes in trading. Business owners and executives need to ensure compliance with updated rules to avoid potential penalties or confusion among market participants.