17 Jun 2025
📈MIAX Pearl Proposes Amendments to Trading Rules for Compliance
Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rules 2618, Risk Settings and Trading Risk Metrics, 2621, Clearly Erroneous Executions, 2626, Retail Order Attribution Program, and 2900, Unlisted Trading Privileges
Summary
The Securities and Exchange Commission published a notice regarding MIAX Pearl's proposed rule changes to amend trading rules, including risk settings and erroneous executions. The changes aim to enhance clarity and consistency within the Exchange's rule framework, facilitating better compliance for equity members and ensuring a more orderly trading environment.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes by the MIAX Pearl Exchange regarding risk settings, erroneous executions, and trading privileges outline regulatory amendments that directly affect compliance for businesses engaged in equities trading. This impacts trading operations and potentially alters risk management processes.