Notice
10 Apr 2025
sec, miami, floor brokers, error accounts, regulatory compliance, options trading
📈SEC Notice on MIAX Sapphire Proposed Rule Change for Error Accounts
The SEC is publishing a notice regarding MIAX Sapphire's proposed rule change to adopt Exchange Rule 2005, which establishes regulations for Floor Broker error accounts. This aims to improve clarity in exchanges' rule texts and ensure efficient processing of bona fide errors within the options trading framework.
Learn More