15 May 2025
📈SEC Notice on Amendments to Options Trading Rules
Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of a Proposal To Amend Rules 18.7 (Position Limits) and 18.9 (Exercise Limits)
Summary
The SEC published a notice regarding MEMX LLC's proposal to amend its options trading rules, specifically Rules 18.7 and 18.9, concerning position and exercise limits. The proposed changes aim to align MEMX's rules with those of other exchanges, enhancing clarity and consistency, while ensuring compliance with existing regulatory frameworks.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendments to Rules 18.7 and 18.9 regarding position and exercise limits directly impact options trading for business owners and executives, ensuring alignment with other exchanges and enhancing clarity about trading regulations. This affects compliance and operational practices for options market participants.