18 Mar 2025
📈Cboe Proposes Amendments to Compliance Rules for Trading Permit Holders
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rules 8.16 and 9.2 Related to the Production of an Annual Report From Trading Permit Holders to the Exchange
Summary
The Cboe Exchange has filed a notice for proposed rule changes concerning the supervisory reporting processes for Trading Permit Holders, aiming to align its regulations with standards set by FINRA and NYSE. The proposed amendments are focused on enhancing compliance protocols and simplifying annual reporting procedures for members participating in multiple exchanges.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes to Exchange Rules enhance compliance and reporting processes for Trading Permit Holders (TPHs), aligning them with FINRA and NYSE regulations. This may simplify compliance and operational procedures, which is relevant for business owners and executives in the finance sector.