Exchange Makes a Tiny Correction to Its Minor-Fines Rule
Published Date: 10/22/2026
Notice
Summary
MIAX PEARL is fixing a tiny mistake in its rule about fines for small rule slip-ups—no big changes, just clearer wording. This update affects traders and members who follow these rules, but it won’t change any fines or deadlines. The correction is effective right away, so everyone’s on the same page without missing a beat!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Clarifies MIAX Pearl sanction range wording
If you are a MIAX Pearl Member (e.g., an Electronic Exchange Member or Market Maker), the Exchange corrected a typographical error in Exchange Rule 1014(d)(5) by changing the table entry for violations of Rule 520(b) from "16 or 20" to "16 to 20." This non-substantive correction was filed on October 9, 2026 and became effective upon filing; it is intended to make the sanction range clear for the public and Members.
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