Nasdaq Just Became Nasdaq Texas and No One Blinked

2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS

The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!

2026-10373 — Registered Offering Reform

The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.

2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies

The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.

2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources

The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!

2026-14413 — Cliffwater Corporate Lending Fund, et al.

Cliffwater Corporate Lending Fund and its partners want permission to team up and invest together in the same companies, which usually isn’t allowed. This change affects several investment funds and could help them work smarter and share opportunities. If no one objects by August 10, 2026, the SEC will approve this move, potentially boosting how these funds grow their money.

2026-14526 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 904 and Rule 905 To Increase Position and Exercise Limits for Options on iShares Bitcoin Trust ETF

NYSE American is raising the maximum number of options contracts traders can hold and exercise on the iShares Bitcoin Trust ETF to 1,000,000. This change affects investors who trade these options and aims to support bigger trading activities starting immediately. It’s a big move that could mean more flexibility and bigger bets in the Bitcoin ETF options market.

Previous: 2026-14409 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Options 7, Section 4

Nasdaq PHLX is changing the fees for certain options that are traded on multiple exchanges, like those tied to stocks, ETFs, and indexes (but not SPY or broad-based indexes). These fee updates take effect right away and could impact traders who deal with these options by adjusting their costs. The Exchange wants to keep things fair and clear while making sure the market runs smoothly.

Next: 2026-14411 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Options Regulatory Fee (“ORF”)

Cboe EDGX Exchange is raising its Options Regulatory Fee (ORF) from $0.0002 to $0.0003 per contract for options trades that clear in the customer range. This change affects traders using the Exchange and kicks in immediately to help cover regulatory costs. If you trade options on EDGX, expect a slightly higher fee starting now!