NYSE Arca Rule Filing: Elimination of Outdated Publication Obligations

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1. Text of the Proposed Rule Change(a) Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of1934 (“Act”)and Rule 19b-4 thereunder,NYSE Arca, Inc. (“NYSE Arca” orthe “Exchange”) proposes to amend Rules 2.4, 2.6, and 6.44-O to eliminatecertain of the Exchange’s publication obligations as outdated and unnecessary.A notice of the proposed rule change for publication in the Federal Register isattached hereto as Exhibit 1, and the text of the proposed rule change is attachedas Exhibit 5.(b) The Exchange does not believe that the proposed rule change will have any directeffect, or any significant indirect effect, on any other Exchange rule in effect atthe time of this filing.(c) Not applicable.2. Procedures of the Self-Regulatory OrganizationSenior management has approved the proposed rule change pursuant to authoritydelegated to it by the Board of the Exchange. No further action is required under theExchange’s governing documents. Therefore, the Exchange’s internal procedures withrespect to the proposed rule change are complete.Questions and comments on the proposed rule change may be directed to:Le-Anh BuiDirector, Associate General CounselNYSE Group, Inc.(202) 661-89533. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, theProposed Rule Change(a) PurposeThe Exchange proposes to amend Rules 2.4 (Application Procedures), 2.6 (Publication ofApproved OTP Applications), and 6.44-O (Registration of Floor Brokers) to eliminatecertain of the Exchange’s publication obligations as outdated and unnecessary.15 U.S.C. 78s(b)(1).17 CFR 240.19b-4. Rule 2.4 describes the procedures for applying to obtain an Options Trading Permit(“OTP”) on the Exchange.Rule 2.4(b) provides that, following receipt of an OTPapplication, the Exchange will post the applicant’s name for a period of three businessdays. The rule further provides that applicants seeking to shorten or waive this periodmust submit a written statement describing the basis for their request and that theExchange may shorten or waive the posting period if it determines that extenuatingcircumstances so warrant. The Exchange proposes to delete the posting requirement setforth in Rule 2.4(b) (and designate the Rule as “Reserved”) because the Exchange nolonger accepts comments from OTP Holders or OTP Firms in connection with the OTPapplication process; instead, the Exchange’s decisions regarding such applications arebased on objective criteria set forth in its rules.Accordingly, the Exchange believesposting the names of not-yet-approved OTP applicants is no longer necessary or relevantand proposes to delete this requirement to eliminate an unnecessary burden on Exchangeresources.Rule 2.6 provides that, for each OTP that is issued, the Exchange will promptly distributea notice to all OTP Holders and OTP Firms by publishing the name of each new OTPHolder or OTP Firm in the Exchange’s Weekly Bulletin. The Exchange currentlymaintains on its website an up-to-date online directory listing the name and contactinformation of each OTP Holder or OTP Firm (the “Membership Directory”).TheExchange believes that the Membership Directory, which is publicly available, hasrendered the requirement to separately publish the names of newly approved OTPHolders and OTP Firms redundant and inefficient. The Exchange therefore proposes todelete Rule 2.6, and to designate it as “Reserved,” because its requirements areunnecessary and unduly burdensome on the Exchange. In addition, with the proposedelimination of the publication requirement and given that the Exchange posts informationrelevant to market participants on its publicly available website, the Exchange alsoThe term “OTP” refers to an Options Trading Permit issued by the Exchange for effecting approvedsecurities transactions on the Exchange’s Trading Facilities. See Rule 1.1 (Definitions).See, e.g., Rules 2.2 (Qualifications and Application of Individual OTP Applicants) and 2.3 (Qualificationsof Firm Applicants).The Exchange previously eliminated a similar requirement to post the names of new ETP Holder applicantsin the Weekly Bulletin for 10 days and reduced the posting requirement with respect to OTP Holderapplicants from 10 days to three days. See Securities Exchange Act Release Nos. 48532 (September 24,2003), 68 FR 56369 (September 30, 2003) (SR-PCX-2003-43) (removing 10-day posting requirement fornew ETP Holder applicants); 48533 (September 24, 2003), 68 FR 56367 (September 30, 2003) (SR-PCX-2003-44) (establishing three-day posting requirement for OTP Holder applicants). The Exchange no longerbelieves it necessary to maintain a distinction between ETP and OTP applicants in this regard. TheExchange further notes that Cboe Exchange, Inc. (“Cboe Options”) similarly no longer requires thepublication of Trading Permit Holder (“TPH”) applicants in its weekly bulletin or the posting of suchapplicants on its bulletin board. See Securities Exchange Act Release No. 71436 (January 29, 2014), 79 FR6662 (February 4, 2014) (SR-CBOE-2014-009). The Exchange’s affiliate, NYSE American LLC (“NYSEAmerican”), also previously filed to delete references to a weekly bulletin in its rules where the informationthat would have been reflected therein would be available on NYSE American’s website. See SecuritiesExchange Act Release No. 56947 (December 12, 2007), 72 FR 72419 (December 20, 2007) (SR-Amex-2007-134).See Membership Directory, available at: https://www.nyse.com/markets/arca-options/membership.

proposes to discontinue publication of the Weekly Bulletin and use of a physical bulletinboard on the Trading Floor.Rule 6.44-O(a) requires that an applicant for registration as a Floor Broker must file anapplication in writing with the Exchange on such form or forms as the Exchange mayprescribe and must pass a Floor Broker examination prescribed by the Exchange. Therule further provides that, before a registration becomes effective, the Exchange will postthe name of the applicant on the bulletin board on the Floor of the Exchange for threebusiness days. The Exchange proposes to delete the posting requirement as set forth inRule 6.44-O(a) because the Exchange no longer accepts comments in connection withFloor Broker applications; instead, the Exchange’s decisions regarding such applicationsare based solely upon objective criteria set forth in its rules.Accordingly, the Exchangebelieves the posting of the names of not-yet-approved Floor Broker applicants is nolonger necessary or relevant.The Exchange therefore proposes to delete the portion ofRule 6.44-O(a) noted above, for the same reasons as noted for the proposed deletion ofRule 2.4(b). The Exchange further notes that, as with OTP Holders and OTP Firms, theExchange currently maintains an up-to-date list of Floor Brokers in the MembershipDirectory on its website, which includes the names of each Floor Broker firm and contactinformation.(b) Statutory BasisThe Exchange believes that the proposed rule change is consistent with Section 6(b) ofthe Act,in general, and furthers the objectives of Section 6(b)(5) of the Act,inparticular, because it is designed to prevent fraudulent and manipulative acts andpractices, to promote just and equitable principles of trade, to foster cooperation andcoordination with persons engaged in regulating, clearing, settling, processinginformation with respect to, and facilitating transactions in securities, to removeimpediments to and perfect the mechanism of a free and open market and a nationalmarket system, and, in general, to protect investors and the public interest, and because itAs noted above, both Cboe Options and NYSE American have similarly eliminated requirements to publishor post information in a weekly bulletin and/or on a physical bulletin board, based on the availability ofsuch information via the exchange’s website. See note 5, supra.Per Rule 6.44-O(a), in addition to submitting a written application with the Exchange on such form orforms as the Exchange may prescribe, prospective Floor Brokers must pass a Floor Broker examinationprescribed by the Exchange, which objective standard must be met for registration approval.The Exchange notes that it has consulted the Floor Broker registration rules of other options exchanges thathave a physical trading floor and determined that none include a similar posting requirement. See, e.g.,Nasdaq Phlx LLC, Options 8, Section 6 (Registration of Floor Brokers); Cboe Options Rule 3.50(b) (FloorBrokers, Registration); BOX Exchange LLC Rule 7550 (Registration of Floor Brokers); MIAX SapphireOptions Exchange Rule 2020 (Registration of Floor Brokers).See note 6, supra.15 U.S.C. 78f(b).15 U.S.C. 78f(b)(5).

is not designed to permit unfair discrimination between customers, issuers, brokers, ordealers.The Exchange believes the proposed rule change would remove impediments to, andperfect the mechanism of, a free and open market and a national market system because iteliminates publication and posting requirements that are outdated, unduly burdensome,and redundant of information publicly available on the Exchange’s website. With respectto the posting requirements for OTP and Floor Broker applicants, as set forth in Rules2.4(b) and 6.44-O, respectively, the Exchange believes that the original rationale forposting such information—to put market participants on notice of certain applicationsand provide them an opportunity to submit comments to the Exchange regarding suchapplications—is no longer relevant, given that the Exchange no longer accepts suchcomments. Instead, as noted above, the Exchange evaluates OTP Holder, OTP Firm, andFloor Broker applications based on objective criteria set forth in Exchange rules. TheExchange thus believes that eliminating these requirements would streamline Exchangerules, while promoting clarity and transparency as to the Exchange’s practices withrespect to evaluating such applications. The Exchange also believes that the eliminationof the requirement, as set forth in Rule 2.6, to publish new OTP Holders and OTP Firmsin the Exchange’s Weekly Bulletin is similarly unnecessary given that the Exchangemaintains an up-to-date Membership Directory on its website, which makes publiclyavailable to market participants the names of approved OTP Holders and OTP Firms.Thus, the Exchange believes the proposed change would likewise streamline Exchangerules by removing unnecessary and outdated requirements. Finally, the Exchangebelieves that the proposed change to discontinue publication of the Weekly Bulletin anduse of a physical bulletin board on the Trading Floor would similarly removeimpediments to, and perfect the mechanism of, a free and open market and a nationalmarket system because it would reduce an administrative burden on the Exchangewithout impacting the continued availability of relevant information to marketparticipants regarding OTP Holders, OTP Firms, and Floor Broker firms via theExchange’s website.4. Self-Regulatory Organization’s Statement on Burden on CompetitionThe Exchange does not believe that the proposed rule change will impose any burden oncompetition that is not necessary or appropriate in furtherance of the purposes of the Act.The Exchange believes that the proposed rule change will not impose an undue burden onintramarket competition because the changes will impact all similarly situated marketparticipants equally. The Exchange believes that the proposed rule change will notimpose an undue burden on intermarket competition because it is intended to streamlineExchange rules by removing unnecessary and outdated requirements that other exchangeshave similarly eliminated or otherwise do not have in their rules.5. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule ChangeReceived from Members, Participants or OthersSee notes 5 & 9, supra.

The Exchange has neither solicited nor received written comments on the proposed rulechange.6. Extension of Time Period for Commission ActionNot applicable.7. Basis for Summary Effectiveness Pursuant to Section 19(b)(3) or for AcceleratedEffectiveness Pursuant to Section 19(b)(2)The proposed rule change is effective upon filing pursuant to Section 19(b)(3)(A) of theActand Rule 19b-4(f)(6) thereunder.The Exchange asserts that the proposed rulechange (i) will not significantly affect the protection of investors or the public interest,(ii) will not impose any significant burden on competition, and (iii) by its terms, will notbecome operative for 30 days after the date of this filing, or such shorter time as theCommission may designate, if consistent with the protection of investors and the publicinterest. Additionally, the Exchange provided the Commission with written notice of itsintent to file the proposed rule change, along with a brief description and text of theproposed rule change, at least five business days prior to the date of the filing, or suchshorter time as designated by the Commission.The Exchange believes that the proposed rule change is a “non-controversial” rule changeunder paragraph (f)(6) of Rule 19b-4because it does not present any issues notpreviously considered by the Commission. The proposed change is intended to eliminateposting and publication requirements that are no longer relevant or necessary based on theExchange’s current processes for evaluating OTP and Floor Broker applications and/orthat are redundant of information publicly available on the Exchange’s website. TheExchange further believes that the proposed change is not controversial and will notimpose an undue burden on competition because it is intended to streamline Exchangerules by removing unnecessary and outdated requirements that other exchanges havesimilarly eliminated or otherwise do not have in their rules.The Exchange respectfully requests that the Commission waive the 30-day operativedelay so that the proposed rule change may become effective and operative upon filingwith the Commission pursuant to Section 19(b)(3)(A) of the Actand paragraph (f)(6)of Rule 19b-4 thereunder.Waiver of the operative delay would allow the Exchange toremove outdated, overly burdensome obligations without delay, which will result in a15 U.S.C. 78s(b)(3)(A).17 CFR 240.19b-4(f)(6).Id.See notes 5 & 9, supra.15 U.S.C. 78s(b)(3)(A).17 CFR 240.19b-4(f)(6).

more streamlined and transparent rule set to benefit of all market participants. Waiver ofthe operative delay is, therefore, consistent with the protection of investors and thepublic interest.At any time within sixty (60) days of the filing of such proposed rule change, theCommission may summarily temporarily suspend such rule change if it appears to theCommission that such action is necessary or appropriate in the public interest, for theprotection of investors, or otherwise in furtherance of the purposes of the Act.8. Proposed Rule Change Based on Rules of Another Self-Regulatory Organization or ofthe CommissionNot applicable.9. Security-Based Swap Submissions Filed Pursuant to Section 3C of the ActNot applicable.10. Advanced Notices Filed Pursuant to Section 806(e) of the Payment, Clearing andSettlement Supervision ActNot applicable.11. ExhibitsExhibit 1 – Form of Notice of Proposed Rule Change for Publication in the FederalRegisterExhibit 5 – Text of the Proposed Rule Change

EXHIBIT 1SECURITIES AND EXCHANGE COMMISSION(Release No. 34- ; File No. SR-NYSEARCA-2026-29)[Date]Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectivenessof Proposed Rule Change to Amend Rules 2.4, 2.6, and 6.44-OPursuant to Section 19(b)(1)of the Securities Exchange Act of 1934 (“Act”)and Rule19b-4 thereunder,notice is hereby given that, on March 12, 2026, NYSE Arca, Inc. (“NYSEArca” or the “Exchange”) filed with the Securities and Exchange Commission (the“Commission”) the proposed rule change as described in Items I, II, and III below, which Itemshave been prepared by the self-regulatory organization. The Commission is publishing thisnotice to solicit comments on the proposed rule change from interested persons.I. Self-Regulatory Organization’s Statement of the Terms of Substance of the ProposedRule ChangeThe Exchange proposes to amend Rules 2.4, 2.6, and 6.44-O to eliminate certain of theExchange’s publication obligations as outdated and unnecessary. The proposed rule change isavailable on the Exchange’s website at www.nyse.com, at the principal office of the Exchange,and at the Commission’s Public Reference Room.II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, theProposed Rule ChangeIn its filing with the Commission, the self-regulatory organization included statementsconcerning the purpose of, and basis for, the proposed rule change and discussed any comments15 U.S.C. 78s(b)(1).15 U.S.C. 78a.17 CFR 240.19b-4.

it received on the proposed rule change. The text of those statements may be examined at theplaces specified in Item IV below. The Exchange has prepared summaries, set forth in sectionsA, B, and C below, of the most significant parts of such statements.A. Self-Regulatory Organization’s Statement of the Purpose of, and the StatutoryBasis for, the Proposed Rule Change1. PurposeThe Exchange proposes to amend Rules 2.4 (Application Procedures), 2.6 (Publication ofApproved OTP Applications), and 6.44-O (Registration of Floor Brokers) to eliminate certain ofthe Exchange’s publication obligations as outdated and unnecessary.Rule 2.4 describes the procedures for applying to obtain an Options Trading Permit(“OTP”) on the Exchange.Rule 2.4(b) provides that, following receipt of an OTP application,the Exchange will post the applicant’s name for a period of three business days. The rule furtherprovides that applicants seeking to shorten or waive this period must submit a written statementdescribing the basis for their request and that the Exchange may shorten or waive the postingperiod if it determines that extenuating circumstances so warrant. The Exchange proposes todelete the posting requirement set forth in Rule 2.4(b) (and designate the Rule as “Reserved”)because the Exchange no longer accepts comments from OTP Holders or OTP Firms inconnection with the OTP application process; instead, the Exchange’s decisions regarding suchapplications are based on objective criteria set forth in its rules.Accordingly, the Exchangebelieves posting the names of not-yet-approved OTP applicants is no longer necessary orrelevant and proposes to delete this requirement to eliminate an unnecessary burden on ExchangeThe term “OTP” refers to an Options Trading Permit issued by the Exchange for effecting approvedsecurities transactions on the Exchange’s Trading Facilities. See Rule 1.1 (Definitions).See, e.g., Rules 2.2 (Qualifications and Application of Individual OTP Applicants) and 2.3 (Qualificationsof Firm Applicants).

resources.Rule 2.6 provides that, for each OTP that is issued, the Exchange will promptly distributea notice to all OTP Holders and OTP Firms by publishing the name of each new OTP Holder orOTP Firm in the Exchange’s Weekly Bulletin. The Exchange currently maintains on its websitean up-to-date online directory listing the name and contact information of each OTP Holder orOTP Firm (the “Membership Directory”).The Exchange believes that the MembershipDirectory, which is publicly available, has rendered the requirement to separately publish thenames of newly approved OTP Holders and OTP Firms redundant and inefficient. TheExchange therefore proposes to delete Rule 2.6, and to designate it as “Reserved,” because itsrequirements are unnecessary and unduly burdensome on the Exchange. In addition, with theproposed elimination of the publication requirement and given that the Exchange postsinformation relevant to market participants on its publicly available website, the Exchange alsoproposes to discontinue publication of the Weekly Bulletin and use of a physical bulletin boardon the Trading Floor.The Exchange previously eliminated a similar requirement to post the names of new ETP Holder applicantsin the Weekly Bulletin for 10 days and reduced the posting requirement with respect to OTP Holderapplicants from 10 days to three days. See Securities Exchange Act Release Nos. 48532 (September 24,2003), 68 FR 56369 (September 30, 2003) (SR-PCX-2003-43) (removing 10-day posting requirement fornew ETP Holder applicants); 48533 (September 24, 2003), 68 FR 56367 (September 30, 2003) (SR-PCX-2003-44) (establishing three-day posting requirement for OTP Holder applicants). The Exchange no longerbelieves it necessary to maintain a distinction between ETP and OTP applicants in this regard. TheExchange further notes that Cboe Exchange, Inc. (“Cboe Options”) similarly no longer requires thepublication of Trading Permit Holder (“TPH”) applicants in its weekly bulletin or the posting of suchapplicants on its bulletin board. See Securities Exchange Act Release No. 71436 (January 29, 2014), 79 FR6662 (February 4, 2014) (SR-CBOE-2014-009). The Exchange’s affiliate, NYSE American LLC (“NYSEAmerican”), also previously filed to delete references to a weekly bulletin in its rules where the informationthat would have been reflected therein would be available on NYSE American’s website. See SecuritiesExchange Act Release No. 56947 (December 12, 2007), 72 FR 72419 (December 20, 2007) (SR-Amex-2007-134).See Membership Directory, available at: https://www.nyse.com/markets/arca-options/membership.As noted above, both Cboe Options and NYSE American have similarly eliminated requirements to publishor post information in a weekly bulletin and/or on a physical bulletin board, based on the availability ofsuch information via the exchange’s website. See note 6, supra.

Rule 6.44-O(a) requires that an applicant for registration as a Floor Broker must file anapplication in writing with the Exchange on such form or forms as the Exchange may prescribeand must pass a Floor Broker examination prescribed by the Exchange. The rule furtherprovides that, before a registration becomes effective, the Exchange will post the name of theapplicant on the bulletin board on the Floor of the Exchange for three business days. TheExchange proposes to delete the posting requirement as set forth in Rule 6.44-O(a) because theExchange no longer accepts comments in connection with Floor Broker applications; instead, theExchange’s decisions regarding such applications are based solely upon objective criteria setforth in its rules.Accordingly, the Exchange believes the posting of the names of not-yet-approved Floor Broker applicants is no longer necessary or relevant.The Exchange thereforeproposes to delete the portion of Rule 6.44-O(a) noted above, for the same reasons as noted forthe proposed deletion of Rule 2.4(b). The Exchange further notes that, as with OTP Holders andOTP Firms, the Exchange currently maintains an up-to-date list of Floor Brokers in theMembership Directory on its website, which includes the names of each Floor Broker firm andcontact information.2. Statutory BasisThe Exchange believes that the proposed rule change is consistent with Section 6(b) ofPer Rule 6.44-O(a), in addition to submitting a written application with the Exchange on such form orforms as the Exchange may prescribe, prospective Floor Brokers must pass a Floor Broker examinationprescribed by the Exchange, which objective standard must be met for registration approval.The Exchange notes that it has consulted the Floor Broker registration rules of other options exchanges thathave a physical trading floor and determined that none include a similar posting requirement. See, e.g.,Nasdaq Phlx LLC, Options 8, Section 6 (Registration of Floor Brokers); Cboe Options Rule 3.50(b) (FloorBrokers, Registration); BOX Exchange LLC Rule 7550 (Registration of Floor Brokers); MIAX SapphireOptions Exchange Rule 2020 (Registration of Floor Brokers).See note 7, supra.

the Act,in general, and furthers the objectives of Section 6(b)(5) of the Act,in particular,because it is designed to prevent fraudulent and manipulative acts and practices, to promote justand equitable principles of trade, to foster cooperation and coordination with persons engaged inregulating, clearing, settling, processing information with respect to, and facilitating transactionsin securities, to remove impediments to and perfect the mechanism of a free and open market anda national market system, and, in general, to protect investors and the public interest, andbecause it is not designed to permit unfair discrimination between customers, issuers, brokers, ordealers.The Exchange believes the proposed rule change would remove impediments to, andperfect the mechanism of, a free and open market and a national market system because iteliminates publication and posting requirements that are outdated, unduly burdensome, andredundant of information publicly available on the Exchange’s website. With respect to theposting requirements for OTP and Floor Broker applicants, as set forth in Rules 2.4(b) and 6.44-O, respectively, the Exchange believes that the original rationale for posting such information—to put market participants on notice of certain applications and provide them an opportunity tosubmit comments to the Exchange regarding such applications—is no longer relevant, given thatthe Exchange no longer accepts such comments. Instead, as noted above, the Exchangeevaluates OTP Holder, OTP Firm, and Floor Broker applications based on objective criteria setforth in Exchange rules. The Exchange thus believes that eliminating these requirements wouldstreamline Exchange rules, while promoting clarity and transparency as to the Exchange’spractices with respect to evaluating such applications. The Exchange also believes that the15 U.S.C. 78f(b).15 U.S.C. 78f(b)(5).

elimination of the requirement, as set forth in Rule 2.6, to publish new OTP Holders and OTPFirms in the Exchange’s Weekly Bulletin is similarly unnecessary given that the Exchangemaintains an up-to-date Membership Directory on its website, which makes publicly available tomarket participants the names of approved OTP Holders and OTP Firms. Thus, the Exchangebelieves the proposed change would likewise streamline Exchange rules by removingunnecessary and outdated requirements. Finally, the Exchange believes that the proposed changeto discontinue publication of the Weekly Bulletin and use of a physical bulletin board on theTrading Floor would similarly remove impediments to, and perfect the mechanism of, a free andopen market and a national market system because it would reduce an administrative burden onthe Exchange without impacting the continued availability of relevant information to marketparticipants regarding OTP Holders, OTP Firms, and Floor Broker firms via the Exchange’swebsite.B. Self-Regulatory Organization’s Statement on Burden on CompetitionThe Exchange does not believe that the proposed rule change will impose any burden oncompetition that is not necessary or appropriate in furtherance of the purposes of the Act. TheExchange believes that the proposed rule change will not impose an undue burden on intramarketcompetition because the changes will impact all similarly situated market participants equally.The Exchange believes that the proposed rule change will not impose an undue burden onintermarket competition because it is intended to streamline Exchange rules by removingunnecessary and outdated requirements that other exchanges have similarly eliminated orotherwise do not have in their rules.See notes 6 & 10, supra.

1. Self-Regulatory Organization’s Statement on Comments on the Proposed RuleChange Received from Members, Participants, or OthersNo written comments were solicited or received with respect to the proposed rule change.III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission ActionThe Exchange has filed the proposed rule change pursuant to Section 19(b)(3)(A)(iii) ofthe Actand Rule 19b-4(f)(6) thereunder.Because the proposed rule change does not: (i)significantly affect the protection of investors or the public interest; (ii) impose any significantburden on competition; and (iii) become operative prior to 30 days from the date on which it wasfiled, or such shorter time as the Commission may designate, if consistent with the protection ofinvestors and the public interest, the proposed rule change has become effective pursuant toSection 19(b)(3)(A) of the Act and Rule 19b-4(f)(6)(iii) thereunder.A proposed rule change filed under Rule 19b-4(f)(6)normally does not becomeoperative prior to 30 days after the date of the filing. However, pursuant to Rule19b4(f)(6)(iii),the Commission may designate a shorter time if such action is consistent withthe protection of investors and the public interest. The Exchange has asked the Commission towaive the 30-day operative delay so that the proposal may become operative immediately uponfiling.At any time within 60 days of the filing of such proposed rule change, the Commissionsummarily may temporarily suspend such rule change if it appears to the Commission that suchaction is necessary or appropriate in the public interest, for the protection of investors, orotherwise in furtherance of the purposes of the Act. If the Commission takes such action, the15 U.S.C. 78s(b)(3)(A)(iii).17 CFR 240.19b-4(f)(6).17 CFR 240.19b-4(f)(6).17 CFR 240.19b-4(f)(6)(iii). Commission shall institute proceedings under Section 19(b)(2)(B)of the Act to determinewhether the proposed rule change should be approved or disapproved.IV. Solicitation of CommentsInterested persons are invited to submit written data, views and arguments concerning theforegoing, including whether the proposed rule change is consistent with the Act. Commentsmay be submitted by any of the following methods:Electronic Comments: Use the Commission’s internet comment form (https://www.sec.gov/rules/sro.shtml); or Send an email to rule-comments@sec.gov. Please include file number SR-NYSEARCA-2026-29 on the subject line.Paper Comments: Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.All submissions should refer to file number SR-NYSEARCA-2026-29. This file numbershould be included on the subject line if email is used. To help the Commission process andreview your comments more efficiently, please use only one method. The Commission will postall comments on the Commission’s internet website (https://www.sec.gov/rules/sro.shtml).Copies of the filing will be available for inspection and copying at the principal office of theExchange. Do not include personal identifiable information in submissions; you should submitonly information that you wish to make available publicly. We may redact in part or withholdentirely from publication submitted material that is obscene or subject to copyright protection.15 U.S.C. 78s(b)(2)(B).

All submissions should refer to file number SR-NYSEARCA-2026-29 and should be submittedon or before [INSERT DATE 21 DAYS AFTER DATE OF PUBLICATION IN THE FEDERAL REGISTER]. For the Commission, by the Division of Trading and Markets, pursuant to delegatedauthority.Sherry R. Haywood,Assistant Secretary. 17 CFR 200.30-3(a)(12).

EXHIBIT 5Additions: UnderlinedDeletions: [Bracketed]Rules of NYSE Arca, Inc.* * * * RULE 2 TRADING PERMITS * * * Rule 2.4. Application Procedures * * * (b) [Following receipt of an OTP application, the Exchange shall post the applicant’s name for aperiod of three (3) business days. The Exchange may shorten or waive the posting period for anapplicant if it determines that extenuating circumstances warrant such action. Applicants seekingto shorten or waive the posting period are required to submit a written statement that sufficientlydescribes the basis for their request.] Reserved. * * * Rule 2.6. Reserved.[Publication of Approved OTP ApplicationsWith respect to each OTP that is issued, the Exchange shall promptly distribute a notice thereofto all OTP Holders and OTP Firms by publishing the name of each new OTP Holder and OTPFirm in the Exchange’s Weekly Bulletin.] * * * RULE 6-O OPTIONS TRADINGRules Principally Applicable to Trading of Option Contracts * * * Rule 6.44-O. Registration of Floor Brokers(a) An applicant for registration as a Floor Broker must file an application in writing with theExchange on such form or forms as the Exchange may prescribe. Applicants must pass a FloorBroker examination prescribed by the Exchange. [Before a registration becomes effective, theExchange will post the name of the applicant on the bulletin board on the Floor of the Exchangefor 3 business days.] * * * *