# 2026-12527: MIAX Aligns Rules With Amended CTA/CQ Plan

2026-12527, Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Rules 2627 And 2628 To Integrate Several Definitions and Concepts From the Amended CTA/CQ Plan, Reorganize Rule 2622, and Make Conforming Changes to Related Rules, is a Federal Register notice from Securities and Exchange Commission published 2026-06-23, effective 2026-06-08; PRIA reads it as touching household money (as of 2026-06-30).

- Canonical: https://policyrisk.com/federal-register/2026-12527
- As of: 2026-06-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-12527
- Title: Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Rules 2627 And 2628 To Integrate Several Definitions and Concepts From the Amended CTA/CQ Plan, Reorganize Rule 2622, and Make Conforming Changes to Related Rules
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 37470
- Published: 2026-06-23
- Effective: 2026-06-08
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-30

## In one line

MIAX Aligns Rules With Amended CTA/CQ Plan

## Summary

MIAX PEARL is updating its rules to include new definitions and ideas from a big industry plan called the Amended CTA/CQ Plan. They’re also cleaning up and reorganizing an existing rule to make things clearer and easier to follow. These changes take effect right away and mainly affect traders and firms using MIAX PEARL’s platform, with no new fees or costs announced.

## Effects PRIA read

- Halt Rules Harmonized Across SROs: benefit, medium. MIAX Pearl is adopting new rules (Rules 2627 and 2628) that incorporate definitions and concepts from the Amended CTA/CQ Plan and reorganize current Rule 2622. The change is intended to make halt and resumption procedures more consistent across U.S. equity exchanges.
- Primary Market Controls Halt Start Time: benefit, medium. The Exchange will honor Regulatory Halts declared by the Primary Listing Market and treats the official start time of a Regulatory Halt as the time the Primary Listing Market declares it. This fixed start time is intended to give certainty for reviewing trades that occurred before halt notices reac…
- SIP Outage Resume Rules Set: benefit, medium. MIAX Pearl adds the category of a "SIP Halt" and adopts defined resumption rules tied to a SIP Halt Resume Time. During Regular Trading Hours the Exchange may resume trading after the Primary Listing Market resumes or notifies that trading may resume; outside Regular Trading Hours the Exchange may…
- Operational Halts Defined for MIAX Pearl: mixed, medium. The Exchange defines "Operational Halts," which are halts that apply only to MIAX Pearl and are discretionary. MIAX Pearl may declare an Operational Halt for Extraordinary Market Activity on the Exchange or when necessary to maintain a fair and orderly market.

## 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
- [2026-12527 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/23/2026-12527/self-regulatory-organizations-miax-pearl-llc-notice-of-filing-and-immediate-effectiveness-of-a)
- [2026-12527 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-23/pdf/2026-12527.pdf)

## Related
- [Previous: 2026-12526, Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Order Gra…](https://policyrisk.com/federal-register/2026-12526)
- [Next: 2026-12528, Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate…](https://policyrisk.com/federal-register/2026-12528)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-12527 (as of 2026-06-30).