# 2025-08549: SEC Buys Time on S&P Options Limit Changes

2025-08549, Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Eliminate Position and Exercise Limits for Options on the S&P 500 Equal Weight Index and the S&P 500 ESG Index, is a Federal Register notice from Securities and Exchange Commission published 2025-05-15, effective The Commission designated June 30, 2025 as the date by which it shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change. (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-08549
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-08549
- Title: Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Eliminate Position and Exercise Limits for Options on the S&P 500 Equal Weight Index and the S&P 500 ESG Index
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 20718
- Published: 2025-05-15
- Effective: The Commission designated June 30, 2025 as the date by which it shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change.
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC Buys Time on S&P Options Limit Changes

## Summary

Cboe Exchange wants to remove limits on how many options traders can hold or exercise for the S&P 500 Equal Weight and ESG Indexes. The SEC is taking extra time, now until June 30, 2025, to decide if this change is a go. This affects options traders and could shake up trading strategies and market moves.

## Effects PRIA read

- Eliminate Options Position Limits: mixed, medium. Cboe filed on March 14, 2025 a proposal to remove position and exercise limits for options that overlie the S&P 500 Equal Weight Index (both the full-value series and the one‑tenth value series) and the S&P 500 ESG Index (which the Exchange proposes to rename the S&P 500 Scored & Screened Index). T…

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## Sources
- [2025-08549 on federalregister.gov](https://www.federalregister.gov/documents/2025/05/15/2025-08549/self-regulatory-organizations-cboe-exchange-inc-notice-of-designation-of-a-longer-period-for)
- [2025-08549 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-05-15/pdf/2025-08549.pdf)

## Related
- [Previous: 2025-08548, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing an…](https://policyrisk.com/federal-register/2025-08548)
- [Next: 2025-08550, Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate…](https://policyrisk.com/federal-register/2025-08550)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-08549 (as of 2026-06-08).