23 Jun 2025
📈SEC Proposes Rule Changes for Trading Options on Commodity Trusts
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; MIAX PEARL, LLC; MIAX Sapphire, LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Changes, as Modified by Partial Amendments Thereto, To Amend Rule 402, Criteria for Underlying Securities, To List and Trade Options on Commodity-Based Trust Shares
Summary
The SEC is considering amendments to Rule 402, allowing the listing and trading of options on Commodity-Based Trust Shares. This proposal aims to enhance market transparency and provide investors with better hedging strategies and access to commodity investments through standardized options trading. Public comments are invited as part of the evaluation process.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposal to amend Rule 402 for trading options on Commodity-Based Trust Shares opens new opportunities for businesses engaged in investment and trading. This could enhance financial product offerings, increase market transparency, and improve investor access to commodities, hence affecting operational and compliance aspects for businesses in the financial sector.