29 Sep 2025
💰Proposed Changes to Options Regulatory Fee Impacting Businesses
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Lower the Options Regulatory Fee (ORF)
Summary
The Miami International Securities Exchange proposes a temporary decrease in the Options Regulatory Fee, reducing it from $0.0019 to $0.0015 per contract until year-end, followed by a proposed increase to $0.0017 in 2026. This aims to balance regulatory costs associated with options trading amidst high trading volumes and industry volatility.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory document outlines proposed changes to the Options Regulatory Fee (ORF), lowering the fee temporarily and then increasing it, which directly impacts costs for business entities engaged in options trading. This regulation will affect how companies budget for regulatory costs through 2026.