Regulatory Alert, Trading Alert

MIAX Emerald

February 16, 2024 | 01:54 PM

MIAX Exchange Group - SEC Rule Amendment Requiring Certain Firms to Become FINRA Members

On August 23, 2023, the Securities and Exchange Commission adopted amendments to Securities and Exchange Act Rule 15b9-1 that narrow the exemption from FINRA membership (“Rule 15b9-1 Amendments”). Certain broker-dealers will be required to become a FINRA member if the broker-dealer effects transactions other than on an exchange of which it is a member unless certain conditions are met.
 
Please refer to the following Regulatory Circulars for more information on the new FINRA membership requirements:

Questions may be directed to the Membership Department at MemberServices@miaxglobal.com or (609) 423-8433.
 
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.