2025-01851Notice

MIAX Sapphire Refocuses Committees: Bylaw Changes Hit the Floor

Published Date: 1/29/2025

Notice

Summary

MIAX Sapphire is shaking things up by changing its By-Laws to simplify how it handles pay and oversight. They’re dropping the Compensation Committee, tweaking how top regulators’ pay and roles get decided, and focusing the Quality of Markets Committee just on Trading Floor stuff. These changes take effect right away and could speed up decisions without changing costs for most folks.

No Economic Impacts Identified for this Document

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Key Dates

Effective Date
Published Date
1/10/2025
1/29/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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