MEMX Makes Fingerprints Official for Exchange Background Checks
Published Date: 3/9/2026
Notice
Summary
MEMX is making its fingerprint background check process official by adding a new rule that matches what other big exchanges like NYSE already do. This affects anyone who wants to work or partner with MEMX, ensuring safety and trust. The rule is effective immediately with no extra costs, keeping things smooth and secure.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Mandatory Fingerprint Checks for MEMX Staff
If you are a prospective or current partner, director, officer, or employee of MEMX, the Exchange will obtain your fingerprints and submit them to the Attorney General (via the FBI) for criminal history identification. The rule codifying this practice became operative upon filing on February 19, 2026 and the Exchange will use Live-Scan electronic capture and may receive and store FBI criminal history record information for evaluation.
Background Screening for Contractors and Temps
MEMX will engage a third party to screen prospective and current temporary personnel, independent contractors, and service providers who may have unsupervised access to facilities and records. The screening will include education verification, a criminal background check, and a drug screening panel.
Exemptions for Limited or Supervised Access
MEMX may decide not to obtain fingerprints for persons whose access to facilities and records is limited, supervised, or restricted. The filing notes the Exchange has not fingerprinted certain directors who do not have unsupervised access.
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