# 2025-11096: NYSE Seeks Green Light for Commodity Trust Options Trading

2025-11096, Self-Regulatory Organizations; NYSE American LLC, NYSE Arca Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Changes To Amend Rules To Permit Options on Commodity-Based Trust Shares, is a Federal Register notice from Securities and Exchange Commission published 2025-06-17, effective 2025-06-12 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-11096
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-11096
- Title: Self-Regulatory Organizations; NYSE American LLC, NYSE Arca Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove Proposed Rule Changes To Amend Rules To Permit Options on Commodity-Based Trust Shares
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 25687
- Published: 2025-06-17
- Effective: 2025-06-12
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

NYSE Seeks Green Light for Commodity Trust Options Trading

## Summary

The NYSE American and NYSE Arca want to let people trade options on Commodity-Based Trust Shares, which are like special investment bundles tied to commodities. The SEC is now deciding if this change is a good idea, with a deadline around mid-June 2025. If approved, investors could see new ways to trade and possibly more money-making chances in the near future.

## Effects PRIA read

- Options Trading Allowed on Commodity Trusts: benefit, medium. The NYSE American and NYSE Arca have proposed rules to allow listing and trading of options on Commodity-Based Trust Shares. The Exchanges filed the proposals on February 24, 2025, and the SEC instituted proceedings on June 12, 2025 (with a designation touching June 15, 2025) to determine whether t…
- Broader Eligibility Without Extra SEC Approval: benefit, medium. The Exchanges propose that any exchange-traded fund approved to list on the primary market as a Commodity-Based Trust Share would qualify as an underlying for options on the Exchanges without requiring separate additional Commission approval. This change would apply once an ETF is approved as a Com…
- Existing ETF Option Rules Will Apply: benefit, low. The Exchanges state that options on Commodity-Based Trust Shares would trade under the same existing ETF option rules, including listing criteria, continued listing standards, expirations (weekly/monthly/quarterly/LEAPS), exercise/strike price rules, minimum increments, position and exercise limits…

## Related documents

- [2026-20466](https://policyrisk.com/federal-register/2026-20466): Adviser and Regulated Fund Custody Rules; Crypto Custody Rules, 2026-10-06
- [2026-19260](https://policyrisk.com/federal-register/2026-19260): Rescission of Rule 14a-8's Federal Regulation of Shareholder Proposals and Amendments to Rule 14a-4, 2026-09-21
- [2026-18424](https://policyrisk.com/federal-register/2026-18424): Political Contributions by Certain Investment Advisers, 2026-09-10
- [2026-18190](https://policyrisk.com/federal-register/2026-18190): Transfer Agent Rules, 2026-09-04
- [2026-17183](https://policyrisk.com/federal-register/2026-17183): Regulation Crypto Assets, 2026-08-21
- [2026-12163](https://policyrisk.com/federal-register/2026-12163): The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS, 2026-06-17

## Sources
- [2025-11096 on federalregister.gov](https://www.federalregister.gov/documents/2025/06/17/2025-11096/self-regulatory-organizations-nyse-american-llc-nyse-arca-inc-order-instituting-proceedings-to)
- [2025-11096 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-06-17/pdf/2025-11096.pdf)

## Related
- [Previous: 2025-11095, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designati…](https://policyrisk.com/federal-register/2025-11095)
- [Next: 2025-11097, Self-Regulatory Organizations; Cboe Exchange, Inc., Cboe BZX Exchange, Inc., Cb…](https://policyrisk.com/federal-register/2025-11097)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-11096 (as of 2026-06-08).
