NYSE AMER Rule Filing: Debt Recovery and Annuity Withholding Procedures
Summary
The NYSE American has filed a rule change to amend procedures related to debt recovery and annuity withholding for RUIA-related debt. The filing also addresses proposed changes to position limits for options overlying certain crypto asset ETFs.
What changed
The NYSE American is proposing amendments to Rule 904 (Position Limits), Rule 903G (Terms of FLEX Options), and Rule 906G (Position Limits) concerning options overlying specific Exchange-Traded Fund Shares, including Grayscale Bitcoin Trust, Bitwise Bitcoin ETF, and others. These changes are based on similar proposals from Nasdaq and MIAX. The document also details existing procedures for the Railroad Retirement Board (RRB) regarding RUIA debt notice, repayment methods, and rights to review or waiver, including the voluntary completion of Form G-421F.
Compliance officers should review the proposed rule changes regarding position limits for crypto asset ETFs and note the existing procedures for debt recovery and annuity withholding. The RRB's proposed changes to Form G-421F are minimal. Written comments on the proposed rule change should be submitted to Brian Foster at the Railroad Retirement Board within 60 days of the notice. The estimated annual respondent burden for Form G-421F activities is 535 minutes (45 hours).
What to do next
- Review proposed amendments to NYSE Rule 904, 903G, and 906G regarding crypto asset ETF options.
- Submit comments to the Railroad Retirement Board by the deadline if applicable.
- Ensure understanding of existing RUIA debt recovery and annuity withholding procedures.
Archived snapshot
Mar 24, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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part 255. RUIA procedures pertaining to which explains what they can do if they which the debt may be liquidated. The overpayment recovery methods benefit overpayment determinations are disagree with the amount of the debt; available are cash refund by check, prescribed in 20 CFR part 340. and a Form G–66A or G–66BA, Rights When a debt is owed on an RRA or money order, debit card and Request Form, to request their right to RUIA-related debt, the RRB mails Form withholding of annuities or benefits have us review and/or waiver the debt. DRL–145, Debt Notice, to the debtor; a due. Completion of Form G–421F is Railroad Retirement Board (RRB) Form G–421, Repayment Method Form, voluntary. The RRB proposes no for the debtor to indicate how they will procedures pertaining to RRA annuity changes to Form G–421F. and benefit overpayment determinations repay the debt; a Form G–66 or G–66B, and recovery are prescribed in 20 CFR Your Rights to Review and/or Waiver,
A R B STIMATE OFNNUAL ESPONDENT URDEN
Time Burden Form No. Annual responses (minutes) (hours)
Form G–421F (RRA) activity ..................................................................................... 360 5 30
EForm G–421F (RUIA) activity .................................................................................... 175 5 15
Total .................................................................................................................... 535 .............................. 45
solicit comments on the proposed rule Additional Information or Comments: A. Self-Regulatory Organization’s To request more information or to Statement of the Purpose of, and the change from interested persons. obtain a copy of the information Statutory Basis for, the Proposed Rule I. Self-Regulatory Organization’s collection justification, forms, and/or Change Statement of the Terms of Substance of supporting material or comments 1. Purpose the Proposed Rule Change regarding the information collection The Exchange proposes to amend should be addressed to Brian Foster, The Exchange proposes to amend Commentary .07(f) to Rule 904 (Position Railroad Retirement Board, 844 North Rule 904 (Position Limits), Rule 903G Limits), Rule 903G(a) (Terms of FLEX Rush Street, Chicago, Illinois 60611– (Terms of FLEX Options), and Rule Options), and Rule 906G(b) (Position 1275 or emailed to Brian.Foster@rrb.gov. 906G (Position Limits) in connection Limits) in connection with the following Written comments should be received with the following options overlying options overlying Exchange-Traded within 60 days of this notice. Exchange-Traded Fund Shares, as Fund Shares, as applicable: Grayscale Brian Foster, applicable: Grayscale Bitcoin Trust, Bitcoin Trust, Grayscale Bitcoin Mini
Clearance Officer. Grayscale Bitcoin Mini Trust, Bitwise Trust, Bitwise Bitcoin ETF, iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin ETF, iShares Bitcoin Trust, [FR Doc. 2026–05548 Filed 3–20–26; 8:45 am] Bitcoin Fund, ARK21Shares Bitcoin Fidelity Wise Origin Bitcoin Fund, BILLING CODE 7905–01–P ETF, Grayscale Ethereum Trust ETF, ARK21Shares Bitcoin ETF, Grayscale Grayscale Ethereum Mini Trust ETF, Ethereum Trust ETF, Grayscale Bitwise Ethereum ETF, iShares SECURITIES AND EXCHANGE Ethereum Mini Trust ETF, Bitwise Ethereum Trust ETF, and Fidelity COMMISSION Ethereum ETF, iShares Ethereum Trust Ethereum Fund (collectively ‘‘the ETF, and Fidelity Ethereum Fund. The [Release No. 34–105037; File No. SR– Crypto Assets’’). This filing is based on proposed rule change is available on the NYSEAMER–2026–18] similar proposals submitted by Nasdaq Exchange’s website at www.nyse.com Miami International ISE, LLC (‘‘ISE’’),Self-Regulatory Organizations; NYSE 4 and at the principal office of the Securities Exchange, LLC (‘‘MIAX’’), American LLC; Notice of Filing and 5 Exchange. and Nasdaq PHLX LLC (‘‘Phlx’’). Immediate Effectiveness of Proposed 6 II. Self-Regulatory Organization’s Change To Amend Exchange Rules Background Statement of the Purpose of, and 904, 903G, and 906G Regarding On October 19, 2024, the Exchange Options on Certain Crypto Assets Statutory Basis for, the Proposed Rule received approval to list and trade Change options on the Grayscale Bitcoin Trust, March 18, 2026. the Grayscale Bitcoin Mini Trust, and Pursuant to Section 19(b)(1) of the In its filing with the Commission, the 1Securities Exchange Act of 1934 self-regulatory organization included (‘‘Act’’) and Rule 19b–4 thereunder, statements concerning the purpose of, See Securities Exchange Act Release No. 34– 2 3 4notice is hereby given that on March 10, 104648 (Jan. 21, 2026), 91 FR 3282 (Jan. 26, 2026) and basis for, the proposed rule change (SR–ISE–2026–01) (Notice of Filing and Immediate 2026, NYSE American LLC and discussed any comments it received Effectiveness of Proposed Rule Change To Remove (‘‘Exchange’’) filed with the Securities on the proposed rule change. The text Restrictions on Certain Crypto Assets). and Exchange Commission See Securities Exchange Act Release No. 34– of those statements may be examined at 5(‘‘Commission’’) the proposed rule 104738 (Jan. 29, 2026), 91 FR 5000 (Feb. 03, 2026) the places specified in Item IV below. (SR–MIAX–2026–04) (Notice of Filing and change as described in Items I and II The Exchange has prepared summaries, Immediate Effectiveness of a Proposed Rule Change below, which Items have been prepared To Amend Rule 307, Position Limits, and Rule 309, set forth in sections A, B, and C below, by the self-regulatory organization. The Exercise Limits, Regarding Position and Exercise of the most significant parts of such Commission is publishing this notice to Limits on Options Overlying Certain Crypto Assets). statements. See Securities Exchange Act Release No. 34– 6 104650 (Jan. 21, 2026), 91 FR 3265 (Jan. 26, 2026) 15 U.S.C. 78s(b)(1). (SR–Phlx–2026–02) (Notice of Filing and Immediate 115 U.S.C. 78a. Effectiveness of Proposed Rule Change To Remove 217 CFR 240.19b–4. Restrictions on Certain Crypto Assets). 3
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the Bitwise Bitcoin ETF. On November aggregate position and exercise limits amendment could not be processed or 20, 2024, the Exchange filed to list and published due to the pendency of the for all Grayscale Bitcoin Trust, trade option contracts on the iShares shutdown, which ended on November Grayscale Bitcoin Mini Trust ETF, and Bitcoin Trust, the Fidelity Wise Origin 12, 2025. On November 21, 2025, the Bitwise Bitcoin ETF FLEX and non- Bitcoin Fund, and the ARK21Shares Exchange filed to adopt the rule text FLEX options in the same underlying included in the amendment to the Bitcoin ETF. On April 9, 2025, the fund, thus limiting positions for 8Exchange received approval to list and original filing that could not be Grayscale Bitcoin Trust, Grayscale trade options on the Bitwise Ethereum processed during the government Bitcoin Mini Trust ETF, and Bitwise ETF, the Grayscale Ethereum Trust, the shutdown, reinstate text that was Bitcoin ETF options—FLEX and non- Grayscale Ethereum Mini Trust. previously deleted, and remove text that FLEX—to 25,000 contracts for each 9Finally, also on April 9, 2025, the was added when the original filing was fund. On July 29, 2025, the 13Exchange filed to list and trade options deemed approved. Commission approved the filing as 18 Specifically, as amended, Rule 915, on the iShares Ethereum Trust ETF and modified by Amendment No. 1 to Commentary .06(v) provides that the the Fidelity Ethereum Fund. These permit the trading of FLEX Options on 10 Exchange may list and trade options on approvals and immediately effective shares of the Grayscale Bitcoin Trust, shares of a Commodity-Based Trust that filings permitted the Exchange to list the Grayscale Bitcoin Mini Trust ETF, meets the generic criteria of NYSE Arca and trade options on the Crypto Assets and the Bitwise Bitcoin ETF. 14 Rule 8.201 (Generic), subject to a 25,000 contract position and On August 15, 2025, the Exchange 19exercise limit and a restriction on the filed to eliminate the 25,000-contract except that the Commodity-Based Trust trading of FLEX options. position for options on the Grayscale holds a single crypto asset. Further, a 20On December 13, 2024, the Exchange Bitcoin Trust ETF, the Grayscale Bitcoin Commodity-Based Trust that meets the filed to amend Rule 903G(a)(1) to permit requirements of Rule 915, Commentary .06(v) Mini Trust ETF, and the Bitwise Bitcoin FLEX options on shares of the Grayscale must also satisfy the following requirements: ETF and to apply the position limits in (A) the total global supply of the underlying Bitcoin Trust. On April 25, 2025, the Exchange Rule 904, Commentary .07(a)– 11 crypto asset held by the Commodity-Based Exchange filed Amendment No. 1 to this (e) to options on these products. Also 15 Trust has an average daily market value of at proposal which replaced and on August 15, 2025, the Exchange filed least $700 million over the last 12 months; superseded the original filing in its to eliminate the 25,000-contract position and (B) the crypto asset held by the entirety and, among other things, for options on the iShares Bitcoin Trust Commodity-Based Trust underlies a expanded the scope of the proposal to ETF and to apply the position limits in permit FLEX options on the Grayscale Exchange Rule 904, Commentary .07(a)– See Securities Exchange Act Release No. 18Bitcoin Mini Trust ETF and the Bitwise (e) to options on the iShares Bitcoin 104319 (Dec. 5, 2025), 90 FR 57237 (Dec. 10, 2025) Bitcoin ETF as well as on the Grayscale (SR–NYSEAMER–2025–64) (Notice of Filing and Trust ETF. 16 Immediate Effectiveness of Proposed Rule Change Bitcoin Trust. The Exchange also On November 9, 2025, the Exchange’s 12 of Amendments to Rules 915 and 916). proposed to amend Rule 906G(b)(iv) to proposal to amend its listing rules at NYSE Arca Rule 8.201–E (generic) permits the 19 Rule 915, Commentary .06 to list and listing and trading of certain qualifying exchange- traded products that physically hold commodities trade options on Exchange-Traded Fund See Securities Exchange Act Release No. 101386 7 like precious metals and digital asset commodities (Oct. 18, 2024), 89 FR 84960 (Oct. 24, 2024) (SR– Shares that meet certain generic on the Exchange. Pursuant to NYSE Arca Rule NYSEAMER–2024–49) (Notice of Filing of requirements to be listed as a 8.201–E (Generic), the term ‘‘Commodity-Based Amendment No. 3 and Order Granting Accelerated Commodity-Based Trust was deemed Trust Shares’’ means a security that: (i) is issued by Approval of a Proposed Rule Change, as Modified a trust, limited liability company, partnership, or approved pursuant to Section by Amendment No. 3, to Permit the Listing and other similar entity (‘‘Trust’’) that, if applicable, is Trading of Options on Bitcoin Exchange-Traded 19(b)(2)(D) of the Act. On November 4, 17 operated by a registered commodity pool operator Funds). 2025, during the shutdown resulting pursuant to the Commodity Exchange Act, and is See Securities Exchange Act Release No. 101737 8 from a lapse of appropriations, the not registered as an investment company pursuant (Nov. 25, 2024), 89 FR 95257 (Dec. 02, 2024) (SR– to the Investment Company Act of 1940, or series Exchange submitted an amendment that NYSEAMER–2024–73) (Notice of Filing and or class thereof; (ii) is designed to reflect the Immediate Effectiveness of Proposed Change To would have superseded the original performance of one or more reference assets or an List and Trade Option Contracts on the iShares filing that was deemed approved. The index of reference assets; (iii) in order to reflect the Bitcoin Trust, the Fidelity Wise Origin Bitcoin performance as provided in (c)(1)(ii) above, is Fund, and the ARK21Shares Bitcoin ETF). issued by a Trust that holds (A) one or more See Securities Exchange Act Release No. 102799 9 See id. at 19757. commodities or commodity-based assets as defined 13(Apr. 9, 2025), 90 FR 15764 (Apr. 15, 2025) (SR– See Securities Exchange Act Release No. in (c)(3) below, and (B) in addition to such NYSEAMER–2024–45) (Notice of Filing of 14 103566 (July 29, 2025), 90 FR 36250 (SR– commodities or commodity-based assets, may hold Amendment No. 2 and Order Granting Accelerated NYSEAMER–2024–78) (Order Approving a securities, cash, and cash equivalents; (iv) is issued Approval of a Proposed Rule Change, as Modified Proposed Rule Change, as Modified by Amendment by such Trust in a specified aggregate minimum by Amendment No. 2, To Amend Exchange Rule No. 1, To Permit the Trading of FLEX Options on number in return for a deposit of (A) a specified 915 To Permit the Listing and Trading of Options Shares of the Grayscale Bitcoin Trust, the Grayscale on the Bitwise Ethereum ETF, the Grayscale quantity of the underlying commodities, Bitcoin Mini Trust ETF, and the Bitwise Bitcoin Ethereum Trust, and the Grayscale Ethereum Mini commodity-based assets, securities, cash, and/or ETF). Trust). cash equivalents, or (B) a cash amount with a value See Securities Exchange Act Release No. based on the next determined net asset value per See Securities Exchange Act Release No. 1510 103744 (Aug. 19, 2025), 90 FR 41145 (Aug. 22, Trust share; and (v) when aggregated in the same 102816 (Apr. 11, 2025), 90 FR 16247 (Apr. 17, 2025) 2025) (SR–NYSEAMER–2025–51) (Notice of Filing specified minimum number, may be redeemed at a (SR–NYSEAMER–2025–23) (Notice of Notice of and Immediate Effectiveness of Proposed Change to holder’s request by such Trust which will deliver Filing and Immediate Effectiveness of Proposed Amend Rule 904). Exercise limits for options on an to the redeeming holder (A) the specified quantity Change To Amend Rules 904, Rule 915, and 916). underlying security are the same as the position of the underlying commodities, commodity-based See Securities Exchange Act Release No. 11 limits for options on that underlying security. See assets, securities, cash, and/or cash equivalents, or 102014 (Dec. 20, 2024), 89 FR 105669 (Dec. 27, Rule 905(a)(1). (B) a cash amount with a value based on the next 2024) (SR–NYSEAMER–2024–78) (Notice of Filing See Securities Exchange Act Release No. determined net asset value per Trust share. of a Proposed Rule Change, as Modified by 16 103746 (Aug. 20, 2025), 90 FR 41131 (Aug. 25, Amendment No. 1, To Amend Certain Rules For purposes of this rule the term ‘‘crypto 20 2025) (SR–NYSEAMER–2025–50) (Notice of Filing Related to Flexible Exchange Options). asset’’ means an asset that is generated, issued and/ and Immediate Effectiveness of Proposed Change to or transferred using a blockchain or similar See Securities Exchange Act Release No. 12 Amend Rule 904). distributive ledger technology network, including 102996 (May 5, 2025), 90 FR 19756 (May 9, 2025) See 15 U.S.C. 78s(b)(2)(D); Securities Exchange but not limited to, assets known as ‘‘tokens,’’ (SR–NYSEAMER–2024–78) (Notice of Filing of a 17 Act Release No. 104210 (November 18, 2025), 90 FR ‘‘digital assets,’’ ‘‘virtual currencies,’’ and ‘‘coins’’ Proposed Rule Change, as Modified by Amendment 52727 (November 21, 2025) (SR–NYSEAMER– and that relies on cryptographic protocols. See Rule No. 1, To Amend Certain Rules Related to Flexible Exchange Options). 2025–07). 915, Commentary .06(c).
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Bitcoin ETF would not be subject to remove impediments to and perfect the derivatives contract that trades on a market with which the Exchange has a positions limits for FLEX Equity mechanism of a free and open market comprehensive surveillance sharing Options that are physically settled. and a national market system, and, in 21agreement, whether directly or through general to protect investors and the FLEX Options common membership in the Intermarket public interest. Additionally, the Surveillance Group (‘‘ISG’’). Any option Currently, pursuant to Rule Exchange believes the proposed rule approved pursuant to Rule 915, Commentary 903G(a)(1), the Exchange may approve change is consistent with the Section .06(v) is subject to the position limits set and open for trading any FLEX Index forth in Rule 904, Commentary .07, and 6(b)(5) requirement that the rules of 25Options series or FLEX Equity Options subject to the corresponding exercise limits an exchange not be designed to permit series on any index or equity security set forth in Rule 905. Further, any option unfair discrimination between that is eligible for Non-FLEX Options approved pursuant to Rule 915, Commentary customers, issuers, brokers, or dealers. .06(v) is not restricted from trading as a FLEX trading under Rule 901C, with respect to Option. indexes, or Rule 915 (except those set The Exchange believes that proposal forth in Commentary .10(a) to Rule 915 to permit the Crypto Assets, which Proposed Rule Change other than the Grayscale Bitcoin Trust, qualify for listing pursuant to Rule 915, The Crypto Assets all qualify for the Grayscale Bitcoin Mini Trust, the Commentary .06(v) to be subject to the listing pursuant to Rule 915, Bitwise Bitcoin ETF, and the iShares position limits set forth in Rule 904, Commentary .06(v). As such, similar to Bitcoin Trust), with respect to Commentary .07, and subject to the 22other options listed pursuant to Rule equities, and that has Non-FLEX corresponding exercise limits set forth 915, the Crypto Assets should all be Options on such index or equity in Rule 905 similar to all other options subject to the position limits set forth in security listed and traded on at least one is consistent with the Act as this Commentary .07 to Rule 904 and the national securities exchange, even if the treatment promotes just and equitable corresponding exercise limits set forth Exchange does not list and trade Non- principles of trade. Further, the in Rule 905. Also, the Crypto Assets FLEX Options on such index or equity Exchange’s proposal to permit the should not be restricted from trading as security. Crypto Assets, which qualify for listing FLEX Options. To effectuate these For the avoidance of doubt, to permit pursuant to Rule 915, Commentary changes, the Exchange proposes the all the Crypto Assets to trade as FLEX .06(v) to trade as FLEX Options similar following changes. options, the Exchange proposes to to all other options is consistent with remove the following text from Rule Position Limits the Act insofar as this treatment 903G(a)(1): ‘‘(except those set forth in The Exchange proposes to remove the promotes just and equitable principles Commentary .10(a) to Rule 915 other 25,000 position and exercise limit of trade. than GBTC, BTC, BITB, and IBIT)’’. restrictions for Fidelity Wise Origin With this proposal, the Crypto Assets B. Self-Regulatory Organization’s Bitcoin Fund, ARK21Shares Bitcoin that qualify to be listed pursuant to Rule Statement on Burden on Competition ETF, Grayscale Ethereum Trust ETF, 915, Commentary .06(v) would be Grayscale Ethereum Mini Trust ETF, treated similar to all other options for The Exchange does not believe that Bitwise Ethereum ETF, iShares purposes of position and exercise limits the proposed rule change will impose Ethereum Trust ETF, and Fidelity and FLEX Option trading. any burden on intra-market competition Ethereum Fund from Rule 904, 2. Statutory Basis because the Crypto Assets that qualify to Commentary .07(f). Position limits for be listed on the Exchange would be The Exchange believes that the these products will be determined in treated similar to all other options for proposal is consistent with the accordance with Rule 904, Commentary purposes of position and exercise limits requirements of Section 6(b) of the .07. Additionally, the Exchange and FLEX Option trading. The Exchange Act, in general, and Section 6(b)(5) of proposes to remove the following rule 23 does not believe that the proposed rule the Act, in particular, in that it is text Rule 906G(b)(iv): 24 change will impose any burden on inter- designed to prevent fraudulent and Position limits for FLEX Equity Options on manipulative acts and practices, to market competition as the proposal is GBTC, BTC, BITB, and IBIT will be promote just and equitable principles of not competitive in nature. The Exchange aggregated with non-FLEX positions on the trade, to foster cooperation and expects that all option exchanges will same underlying ETF for the purpose of coordination with persons engaged in calculating position and exercise limits as set adopt substantively similar proposals, facilitating transactions in securities, to forth in Rules 904 and 905. such that the Exchange’s proposal A conforming change will be made to would benefit competition. For the the first sentence of Rule 906G(b), foregoing reasons, the Exchange does As of February 1, 2026, the iShares Bitcoin 21Trust ETF is eligible to have cash as a settlement which currently references ‘‘paragraphs not believe that the proposed rule term. See https://www.nyse.com/publicdocs/nyse/ (i)–(iv) below.’’ change will impose any burden on products/options/NYSECashSettledFLEXETF_Similar to all other options, FLEX competition not necessary or Options.pdf. Equity Options on the iShares Bitcoin Commentary .10(a) to Rule 915 provides that appropriate in furtherance of the 22Trust ETF, the Grayscale Bitcoin Trust, the ‘‘Exchange may list and trade options on shares purposes of the Act. of the Grayscale Bitcoin Trust (BTC) (symbol: the Grayscale Bitcoin Mini Trust BTC, GBTC), the Grayscale Bitcoin Mini Trust (BTC) and the Bitwise Bitcoin ETF would no C. Self-Regulatory Organization’s (symbol: BTC), the Bitwise Bitcoin ETF (symbol: longer be aggregated with positions on Statement on Comments on the BITB), the iShares Bitcoin Trust (symbol: IBIT), the the same non-FLEX underlying ETF for Fidelity Wise Origin Bitcoin Fund (symbol: FBTC), Proposed Rule Change Received From the ARK21Shares Bitcoin ETF (symbol: ARKB), the the purpose of calculating the position Members, Participants, or Others Grayscale Ethereum Trust ETF (symbol: ETHE), the limits set forth in Commentary .07 to Grayscale Ethereum Mini Trust ETF (symbol: ETH), No written comments were solicited Rule 904, and the exercise limits set the Bitwise Ethereum ETF (symbol: ETHW), the or received with respect to the proposed forth in Rule 905. The Exchange notes iShares Ethereum Trust ETF (symbol: ETHA), and the Fidelity Ethereum Fund (symbol: FETH), rule change. that similar to all other options, the pursuant to Rules 915 and 916.’’ Grayscale Bitcoin Trust, the Grayscale 15 U.S.C. 78f(b). 23Bitcoin Mini Trust BTC, and the Bitwise 15 U.S.C. 78f(b)(5). Id. 24 25
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- Date of Effectiveness of the to determine whether the proposed rule SECURITIES AND EXCHANGE Proposed Rule Change and Timing for should be approved or disapproved. COMMISSION Commission Action IV. Solicitation of Comments [Release No. 34–105038; File No. SR– Because the foregoing proposed rule Interested persons are invited to CboeBZX–2026–017] change does not: (i) significantly affect submit written data, views and the protection of investors or the public Self-Regulatory Organizations; Cboe arguments concerning the foregoing, interest; (ii) impose any significant BZX Exchange, Inc.; Notice of Filing including whether the proposed rule burden on competition; and (iii) become and Immediate Effectiveness of a change is consistent with the Act. operative for 30 days from the date on Proposed Rule Change To Adopt Rules which it was filed, or such shorter time Comments may be submitted by any of 11.29 and 11.30 Relating the as the Commission may designate, if the following methods: Regulatory and Operations Trading consistent with the protection of Halts, Integrate Several Definitions and Electronic Comments investors and public interest, it has Concepts From the Amended CTA/CQ become effective pursuant to Section • Use the Commission’s internet Plan, Reorganize Existing Rule 11.18, 19(b)(3)(A)(iii) of the Act and comment form (https://www.sec.gov/ 26 and To Make Conforming Changes to subparagraph (f)(6) of Rule 19b–4 rules/sro.shtml); or Related Rules thereunder. 27 • Send an email to rule-comments@A proposed rule change filed under March 18, 2026. sec.gov. Please include file number SR– Rule 19b–4(f)(6) normally does not Pursuant to Section 19(b)(1) of the 28 NYSEAMER–2026–18 on the subject become operative prior to 30 days after Securities Exchange Act of 1934 (the line. the date of the filing. However, pursuant ‘‘Act’’), and Rule 19b–4 thereunder, 1 2to Rule 19b–4(f)(6)(iii), the notice is hereby given that on March 6, Paper Comments 29Commission may designate a shorter 2026, Cboe BZX Exchange, Inc. (the • Send paper comments in triplicate time if such action is consistent with ‘‘Exchange’’ or ‘‘BZX’’) filed with the protection of investors and the public to Secretary, Securities and Exchange Securities and Exchange Commission interest. The Exchange has asked the Commission, 100 F Street NE, (the ‘‘Commission’’) the proposed rule Commission to waive the 30-day Washington, DC 20549–1090. change as described in Items I, II, and operative delay so that the proposed III below, which Items have been All submissions should refer to file rule change may become operative prepared by the Exchange. The number SR–NYSEAMER–2026–18. This immediately upon filing. The Exchange filed the proposal as a ‘‘non- file number should be included on the Commission believes that waiving 30- controversial’’ proposed rule change subject line if email is used. To help the day operative delay is consistent with pursuant to Section 19(b)(3)(A)(iii) of Commission process and review your the protection of investors and the the Act and Rule 19b–4(f)(6) 3 comments more efficiently, please use public interest because the proposal thereunder. The Commission is 4 only one method. The Commission will aligns the rule text relating to options on publishing this notice to solicit post all comments on the Commission’s the Crypto Assets with the rule text of comments on the proposed rule change other exchanges and does not introduce internet website (https://www.sec.gov/ from interested persons. any novel regulatory issues. rules/sro.shtml). Copies of the filing will 30 I. Self-Regulatory Organization’s Accordingly, the Commission be available for inspection and copying Statement of the Terms of Substance of designates the proposed rule change to at the principal office of the Exchange. the Proposed Rule Change be operative upon filing. Do not include personal identifiable 31At any time within 60 days of the information in submissions; you should Cboe BZX Exchange, Inc. (the filing of the proposed rule change, the submit only information that you wish ‘‘Exchange’’ or ‘‘BZX’’) is filing with the Commission summarily may to make available publicly. We may Securities and Exchange Commission temporarily suspend such rule change if redact in part or withhold entirely from (‘‘Commission’’) a proposal to adopt it appears to the Commission that such publication submitted material that is Rules 11.29 and 11.30 to integrate action is necessary or appropriate in the obscene or subject to copyright several definitions and concepts from public interest, for the protection of protection. All submissions should refer the Amended CTA/CQ Plan and to investors, or otherwise in furtherance of reorganize existing Rule 11.18 in light of to file number SR–NYSEAMER–2026– the purposes of the Act. If the the Exchange’s experience with 18 and should be submitted on or before Commission takes such action, the applying the rule during its time as a April 13, 2026. Commission shall institute proceedings national securities exchange and to For the Commission, by the Division of make conforming changes to related Trading and Markets, pursuant to delegated rules. The text of the proposed rule 15 U.S.C. 78s(b)(3)(A)(iii). 26 authority. change is provided in Exhibit 5. 3217 CFR 240.19b–4(f)(6). In addition, Rule 19b– 27 Vanessa A. Countryman, 4(f)(6) requires a self-regulatory organization to give The text of the proposed rule change the Commission written notice of its intent to file Secretary. is also available on the Commission’s the proposed rule change at least five business days website (https://www.sec.gov/rules/ prior to the date of filing of the proposed rule [FR Doc. 2026–05554 Filed 3–20–26; 8:45 am] change, or such shorter time as designated by the sro.shtml), the Exchange’s website BILLING CODE 8011–01–P Commission. The Exchange has satisfied this (https://www.cboe.com/us/equities/ requirement. regulation/rule_filings/bzx/), and at the 17 CFR 240.19b–4(f)(6). 28 principal office of the Exchange. 17 CFR 240.19b–4(f)(6)(iii). 29See supra notes 4–6. 30For purposes only of waiving the 30-day 31 15 U.S.C. 78s(b)(1). operative delay, the Commission also has 1 17 CFR 240.19b–4. considered the proposed rule’s impact on 2 15 U.S.C. 78s(b)(3)(A)(iii). efficiency, competition, and capital formation. See 315 U.S.C. 78c(f). 17 CFR 200.30–3(a)(12), (59). 17 CFR 240.19b–4(f)(6). 32 4
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