Notice
3 Sep 2025
securities exchange, rule change, financial regulation, miami international securities exchange, member compensation, operational error
💰MIAX Sapphire Proposes Accommodation Payment Following Operational Error
The Securities and Exchange Commission has published notice regarding MIAX Sapphire’s proposal to amend Exchange Rule 527, offering a one-time accommodation payment to members affected by an operational error on June 3, 2025. This initiative aims to mitigate financial losses incurred by members during the incident, ensuring fair and equitable treatment within the trading environment.
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