# 2026-12261: NYSE Tweaks Options Rebate and Fee Cap Rules

2026-12261, Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE American Options Fee Schedule To Amend the Manual Billable Rebate Program and Firm Monthly Fee Cap, is a Federal Register notice from Securities and Exchange Commission published 2026-06-18, effective 2026-06-01; PRIA reads it as touching household money (as of 2026-06-25).

- Canonical: https://policyrisk.com/federal-register/2026-12261
- As of: 2026-06-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-12261
- Title: Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE American Options Fee Schedule To Amend the Manual Billable Rebate Program and Firm Monthly Fee Cap
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 36893
- Published: 2026-06-18
- Effective: 2026-06-01
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-25

## In one line

NYSE Tweaks Options Rebate and Fee Cap Rules

## Summary

Starting June 1, 2026, NYSE American is tweaking its options fee schedule to rename and update the Manual Billable Rebate Program, now called the Manual Billable Program. This change affects floor brokers and firms by adjusting rebates and adding a new credit under the monthly fee cap, potentially saving them money. It’s a smart move to keep fees fair and incentives clear for traders using the exchange.

## Effects PRIA read

- Manual Billable Program Rebate Change: benefit, medium. Starting June 1, 2026, the Exchange renames the “Manual Billable Rebate Program” to the “Manual Billable Program” and replaces two additional rebates with a single additional rebate. Participants that execute combined manual billable and QCC billable contracts exceeding 5,000,000 by at least 100% a…
- Firm Monthly Fee Cap and Floor Broker Credit: mixed, medium. Effective June 1, 2026, the Exchange caps Firm Manual transaction fees at $250,000 per month per Firm. Once a Firm reaches the $250,000 cap, an incremental service fee of $0.02 per contract applies for Firm Manual transactions, but Floor Brokers who reach the cap and qualify for the Manual Billable…

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## Sources
- [2026-12261 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/18/2026-12261/self-regulatory-organizations-nyse-american-llc-notice-of-filing-and-immediate-effectiveness-of-a)
- [2026-12261 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-18/pdf/2026-12261.pdf)

## Related
- [Previous: 2026-12260, Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing…](https://policyrisk.com/federal-register/2026-12260)
- [Next: 2026-12263, Air Compressors From China, Malaysia, and Vietnam; Determinations](https://policyrisk.com/federal-register/2026-12263)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-12261 (as of 2026-06-25).