6 Mar 2025
📈Nasdaq PHLX Proposed Rule Change for Options Execution Transactions
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Options 8, Section 22
Summary
The Securities and Exchange Commission has published a notice regarding Nasdaq PHLX LLC's proposed rule change to amend Options 8, Section 22, relating to the execution of options transactions. The amendments aim to clarify rules without introducing significant changes, facilitating immediate effectiveness post-filing and inviting public comment on the modifications.
Agencies
- Securities and Exchange Commission
Business Impact
$ - Low
The regulatory notice outlines a proposed rule change by Nasdaq PHLX LLC that affects the execution of options transactions. This could necessitate compliance adjustments for businesses involved in trading options, potentially affecting their operational practices and competitive landscape.