# 2026-22377: Texas Exchange Moves to Broaden Its Commodity-Based Fund Listings

2026-22377, Self-Regulatory Organizations; Texas Stock Exchange LLC; Notice of Filing, and Order Granting Accelerated Approval of, a Proposed Rule Change To Amend Rule 17.111(d) (Commodity-Based Trust Shares), is a Federal Register notice from Securities and Exchange Commission published 2026-11-03; PRIA reads it as touching household money (as of 2026-11-03).

- Canonical: https://policyrisk.com/federal-register/2026-22377
- As of: 2026-11-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22377
- Title: Self-Regulatory Organizations; Texas Stock Exchange LLC; Notice of Filing, and Order Granting Accelerated Approval of, a Proposed Rule Change To Amend Rule 17.111(d) (Commodity-Based Trust Shares)
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 69287
- Published: 2026-11-03
- Effective: unknown
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-11-03

## In one line

Texas Exchange Moves to Broaden Its Commodity-Based Fund Listings

## Summary

The Texas Stock Exchange is updating its rules to make it easier and faster to list and trade Commodity-Based Trust Shares. This means they can now include certain digital commodities and actively managed funds, with new protections to keep trading safe and fair. These changes kick in right away, helping investors and the market move smarter and quicker.

## Effects PRIA read

- Faster, Cheaper Listing for Commodity Shares: benefit, medium. The Exchange may list Commodity-Based Trust Shares under a set of generic standards using Rule 19b-4(e) so it will not need to file a separate Section 19(b) proposed rule change for each qualifying product. The change is intended to reduce the time and costs for issuers to bring qualifying Commodit…
- Allowed 15% Digital Commodity Buffer: mixed, medium. A Trust listed under the rule may have up to 15% of its net asset value (NAV) in the aggregate consist of (i) digital commodities that do not meet the commodity eligibility criteria and/or (ii) securities that do not meet the securities eligibility criteria. At least 85% of the Trust's NAV must con…
- Active Management Permitted With Safeguards: benefit, medium. The rule permits both passively and actively managed Commodity-Based Trust Shares to qualify for generic listing, subject to additional safeguards. Those safeguards include requirements that portfolio information and NAV be disseminated to all market participants at the same time and that trading b…
- Required Website Disclosures and Liquidity Rules: benefit, medium. A Trust must post specified information prominently and free on a public website before market open, including identifying information, quantities and percentage weightings of holdings, prior-business-day NAV, market price and premium/discount, historical premiums/discounts, spread information, liq…
- No Generic Listing for Leveraged/Inverse Trusts: benefit, low. A generically listed Trust would be prohibited from seeking, directly or indirectly, investment returns corresponding to a specified multiple of, or an inverse or multiple-inverse relationship to, an index, benchmark, or reference value over a predetermined period. Such leveraged or inverse return…

## Related documents

- [2026-21037](https://policyrisk.com/federal-register/2026-21037): Investment Company Cross Trading, 2026-10-15
- [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

## Sources
- [2026-22377 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/03/2026-22377/self-regulatory-organizations-texas-stock-exchange-llc-notice-of-filing-and-order-granting)
- [2026-22377 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-03/pdf/2026-22377.pdf)

## Related
- [Previous: 2026-22376, Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing and Immediat…](https://policyrisk.com/federal-register/2026-22376)
- [Next: 2026-22378, Notice of Receipt of Complaint; Solicitation of Comments Relating to the Public…](https://policyrisk.com/federal-register/2026-22378)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22377 (as of 2026-11-03).