Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Allow Post-Only Orders in Sub-Dollar Securities
Published Date: 2/2/2026
Notice
Summary
MIAX PEARL wants to let traders use Post-Only orders for stocks priced under $1. The SEC is taking extra time, until March 29, 2026, to decide if this change is a go. This affects traders dealing with cheap stocks and could impact how orders get placed on MIAX PEARL’s platform.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Post-Only Orders for Sub-Dollar Stocks
MIAX Pearl filed on December 10, 2025 to allow the "Post Only" order instruction to be used on orders for securities priced below $1.00 on its equity trading platform. The SEC has set March 29, 2026 as the date by which it will approve, disapprove, or institute proceedings on that proposed change.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in