18 Jul 2025
📜MIAX Sapphire Proposes Changes to Options Exchange Rulebook
Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Make Minor Non-Substantive Changes to the Exchange's Rulebook
Summary
The Securities and Exchange Commission has published a notice from MIAX Sapphire, LLC regarding a proposed rule change to amend its Rulebook title and headers. The changes aim to ensure consistency with affiliated exchanges, intending to enhance clarity and alignment across the board, thereby improving investor protections and trading principles.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice indicates a regulatory compliance requirement as MIAX Sapphire is amending its Rulebook for consistency with its affiliates, which affects market operations and clarity for business participants. This aligns with preventing fraudulent practices and promoting equitable trading principles as articulated in the proposed changes.