12 Sep 2025
📊SEC Notice on Proposed Rule Change for Exchange Rule 2613
Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 2613 Usage of Data Feeds
Summary
The SEC issued a notice regarding MIAX Pearl's proposed amendment to Exchange Rule 2613, which details the primary data feed source for 24X National Exchange. The amendment aims to enhance clarity and transparency around market data used for order handling and regulatory compliance.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change amends Exchange Rule 2613 regarding data used for handling orders, which affects compliance and operational standards for businesses participating in the exchange. This may require businesses to reassess their data feed strategies.