29 Sep 2025
📊MIAX Pearl Proposes Changes to Options Regulatory Fee Structure
Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Lower the Options Regulatory Fee (ORF)
Summary
The Securities and Exchange Commission published a notice regarding MIAX Pearl's proposed rule change to adjust the Options Regulatory Fee (ORF). The proposal includes a temporary reduction of the fee from $0.0018 to $0.0014 per contract and an increase to $0.0016 starting January 1, 2026, reflecting recent trading volumes and regulatory costs.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content discusses changes to the Options Regulatory Fee (ORF), impacting trading costs for business owners engaged in options trading. The temporary reduction in fees and a subsequent planned increase may significantly influence financial planning and trading strategies.