# 2026-19397: Cboe EDGA Upgrades Lingo: Qualified Clearing Agencies Now

2026-19397, Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 11.13(a) To Replace the Term “Registered Clearing Agency” With “Qualified Clearing Agency” and Clarify That a Non-Member May Act as a Clearing Firm, is a Federal Register notice from Securities and Exchange Commission published 2026-09-23, effective 2026-09-08; PRIA reads it as touching household money (as of 2026-09-30).

- Canonical: https://policyrisk.com/federal-register/2026-19397
- As of: 2026-09-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-19397
- Title: Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 11.13(a) To Replace the Term “Registered Clearing Agency” With “Qualified Clearing Agency” and Clarify That a Non-Member May Act as a Clearing Firm
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 60433
- Published: 2026-09-23
- Effective: 2026-09-08
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-09-30

## In one line

Cboe EDGA Upgrades Lingo: Qualified Clearing Agencies Now

## Summary

Cboe EDGA Exchange just updated a rule to swap out the phrase “registered clearing agency” for the cooler, more accurate “Qualified Clearing Agency.” Plus, they made it clear that even non-members can act as clearing firms now. This change is already in effect and helps more players join the clearing process smoothly, with no extra costs or delays.

## Effects PRIA read

- Non‑Members May Serve as Clearing Firms: benefit, low. If you run a broker‑dealer or clearing business, the Exchange clarified that a non‑Member firm may act as a Clearing Firm for Members. All transactions must still be cleared through a Qualified Clearing Agency using a continuous net settlement system, and non‑Member Clearing Firms remain subject to…
- Rule Change Effective Immediately: benefit, low. The SEC waived the normal 30‑day operative delay and made the Exchange's rule amendment operative upon filing with the Commission on September 8, 2026. Interested persons may submit comments on the filing on or before October 14, 2026, and the Commission may suspend the rule change at any time with…

## 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
- [2026-19397 on federalregister.gov](https://www.federalregister.gov/documents/2026/09/23/2026-19397/self-regulatory-organizations-cboe-edga-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)
- [2026-19397 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-09-23/pdf/2026-19397.pdf)

## Related
- [Previous: 2026-19396, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Im…](https://policyrisk.com/federal-register/2026-19396)
- [Next: 2026-19398, Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate…](https://policyrisk.com/federal-register/2026-19398)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-19397 (as of 2026-09-30).