2024-17387. Program for Allocation of Regulatory Responsibilities Pursuant to Rule 17d-2; Notice of Filing and Order Approving and Declaring Effective an Amendment to the Plan for the Allocation of Regulatory Responsibilities Among NYSE American LLC,...

Violation I: Expiring Exercise Declarations (EED)—For Listed and FLEX Equity Options

SRO	Description of rule	Exchange rule No.	Frequency of review
BZX	Exercise of Options Contracts	Rule 23.1	At Expiration.
BOX	Exercise of Options Contracts	Rule 9000	At Expiration.
C2	Exercise of Options Contracts	Ch. 6, Sec. B	At Expiration.
Cboe	Exercise of Options Contracts	Rule 6.20(a)-(d), I&P .01-.07	At Expiration.
EDGX	Exercise of Options Contracts	Rule 23.1	At Expiration.
FINRA	Exercise of Options Contracts	Rule 2360(b)(23)	At Expiration.
ISE	Exercise of Options Contracts	Options 6B, Section 1	At Expiration.
GEMX	Exercise of Options Contracts	Options 6B, Section 1	At Expiration.
MRX	Exercise of Options Contracts	Options 6B, Section 1	At Expiration.
MIAX	Exercise of Options Contracts	Rule 700	At Expiration.
MIAX PEARL	Exercise of Options Contracts	Rule 700	At Expiration.
MIAX Emerald	Exercise of Options Contracts	Rule 700	At Expiration.
MIAX Sapphire	Exercise of Options Contracts	Rule 700	At Expiration.
MEMX	Exercise of Options Contracts	Rule 23.1	At Expiration.
Nasdaq	Exercise of Options Contracts	Options 6B, Section 1	At Expiration.
Nasdaq BX	Exercise of Options Contracts	Options 6B, Section 1	At Expiration.
Nasdaq PHLX	Exercise of Equity Options Contracts	Options 6B, Section 1	At Expiration.
NYSE Arca	Exercise of Options Contracts	Rule 6.24-O	At Expiration.
NYSE American	Exercise of Options Contracts	Rule 980	At Expiration.

Violation II: Position Limits (PL)—For Listed Equity Options

SRO	Description of rule (for review as they apply to PL)	Exchange rule No.	Frequency of review
BZX	Position Limits	Rule 18.7	Daily.
	Exemptions from Position	Rule 18.8	As Needed.
	Liquidation Positions	Rule 18.11	As Needed.
BOX	Position Limits	Rule 3120	Daily.
	Exemptions from Position Limits	Rule 3130	As Needed.
	Liquidation Positions	Rule 3160	As Needed.
C2	Position Limits	Ch. 8	Daily.
	Liquidation of Positions	Ch. 8	As Needed.
Cboe	Position Limits	Rule 8.30	Daily.
	Liquidation of Positions	Rule 8.44	As Needed.
EDGX	Position Limits	Rule 18.7	Daily.
	Exemptions from Position	Rule 18.8	As Needed.
	Liquidation Positions	Rule 18.11	As Needed.
FINRA	Position Limits	Rule 2360(b)(3)	Daily.
	Liquidation of Positions and Restrictions on Access	Rule 2360(b)(6)	As Needed.
ISE	Position Limits	ISE Options 9, Section 13	Daily.
	Exemptions from Position Limits	ISE Options 9, Section 14	As Needed.
	Liquidating Positions	ISE Options 9, Section 17	As Needed.
GEMX	Position Limits	GEMX Options 9, Section 13	Daily.
	Exemptions from Position Limits	GEMX Options 9, Section 14	As Needed.
	Liquidating Positions	GEMX Options 9, Section 17	As Needed.
MRX	Position Limits	MRX Options 9, Section 13	Daily.
	Exemptions from Position Limits	MRX Options 9, Section 14	As Needed.
	Liquidating Positions	MRX Options 9, Section 17	As Needed.
MIAX	Position Limits	Rule 307	Daily.
	Exemptions from Position Limits	Rule 308	As Needed.
	Liquidating Positions	Rule 311	As Needed.
MIAX Pearl	Position Limits	Rule 307	Daily.
	Exemptions from Position Limits	Rule 308	As Needed.
	Liquidating Positions	Rule 311	As Needed.
MIAX Emerald	Position Limits	Rule 307	Daily.
	Exemptions from Position Limits	Rule 308	As Needed.
	Liquidating Positions	Rule 311	As Needed.
MIAX Sapphire	Position Limits	Rule 307	Daily.
	Exemptions from Position Limits	Rule 308	As Needed.
	Liquidating Positions	Rule 311	As Needed.
MEMX	Position Limits	Rule 18.7	Daily.
	Exemptions from Position	Rule 18.8	As Needed.
	Liquidation Positions	Rule 18.11	As Needed.
Nasdaq	Position Limits	NOM Options 9, Section 13	Daily.
	Exemptions from Position Limits	NOM Options 9, Section 14	As Needed.
	Liquidation Positions	NOM Options 9, Section 17	As Needed.
Nasdaq BX	Position Limits	BX Options 9, Section 13	Daily.
	Exemptions from Position Limits	BX Options 9, Section 14	As Needed.
	Liquidation Positions	BX Options 9, Section 17	As Needed.
Nasdaq PHLX	Position Limits	PHLX Options 9, Section 13	Daily.
	Liquidation of Position	PHLX Options 9, Section 17	As Needed.
NYSE Arca	Position Limits	Rule 6.8-O	Daily.
	Liquidation of Position	Rule 6.7-O	As Needed.
NYSE American	Position Limits	Rule 904	Daily.
	Liquidating Positions	Rule 907	As Needed.

Violation III: Large Options Position Report (LOPR)—For Listed and FLEX Equity Options and ETF Options

SRO	Description of rule (for review as they apply to LOPR)	Exchange rule No.	Frequency of review
BZX	Reports Related to Position Limits	Rule 18.10	Yearly.
BOX	Reports Related to Position Limits	Rule 3150	Yearly.
C2	Reports Related to Position Limits	Ch. 8	Yearly.
	Reports Related to Position Limits	Ch. 8	Yearly.
	Reports Related to Position Limits	Ch. 8	Yearly.
Cboe	Reports Related to Position Limits	Rule 8.43(a)	Yearly.
	Reports Related to Position Limits	Rule 8.43(b)	Yearly.
	Reports Related to Position Limits	Rule 8.43(d)	Yearly.
EDGX	Reports Related to Position Limits	Rule 18.10	Yearly.
FINRA	Options	Rule 2360(b)(5)	Yearly.
ISE	Reports Related to Options Position Limits	ISE Options 9, Section 16—Reports Related to Options Position Limits	Yearly.
GEMX	Reports Related to Options Position Limits	GEMX Options 9, Section 16—Reports Related to Options Position Limits	Yearly.
MRX	Reports Related to Options Position Limits	MRX Options 9, Section 16—Reports Related to Options Position Limits	Yearly.
MIAX	Reports Related to Position Limits	Rule 310	Yearly.
MIAX PEARL	Reports Related to Position Limits	Rule 310	Yearly.
MIAX Emerald	Reports Related to Position Limits	Rule 310	Yearly.
MIAX Sapphire	Reports Related to Position Limits	Rule 310	Yearly.
MEMX	Reports Related to Position Limits	Rule 18.10	Yearly.
Nasdaq	Reports Related to Options Position Limits	NOM Options 9, Section 16—Reports Related to Options Position Limits	Yearly.
Nasdaq BX	Reports Related to Options Position Limits	BX Options 9, Section 16—Reports Related to Options Position Limits	Yearly.
Nasdaq PHLX	Reporting of Options Positions	PHLX Options 6E, Section 2—Reporting of Options Positions, PHLX Options 9, Section 13—Position Limits	Yearly.
NYSE Arca	Reporting of Options Positions	Rule 6.6-O	Yearly.
NYSE American	Reporting of Options Positions	Rule 906	Yearly.

Violation IV: Options Clearing Corporation (OCC) Adjustment Process

SRO	Description of rule (as they apply to OCC adjustments/by-laws article V, section 1 .01(a) and .02)	Exchange rule No.	Frequency of review
BZX	Adherence to Law	Rule 18.1	Yearly.
BOX	Adherence to Law	Rule 3010	Yearly.
C2	Adherence to Law	Ch. 8	Yearly.
Cboe	Adherence to Law	Rule 8.2	Yearly.
EDGX	Adherence to Law	Rule 18.1	Yearly.
FINRA	Violation of By-Laws and Rules of FINRA or The OCC	Rule 2360(b)(21)	Yearly.
ISE	Adherence to Law	ISE Options 9, Section 2	Yearly.
GEMX	Adherence to Law	GEMX Options 9, Section 2	Yearly.
MRX	Adherence to Law	MRX Options 9, Section 2	Yearly.
MIAX	Adherence to Law	Rule 300	Yearly.
MIAX PEARL	Adherence to Law	Rule 300	Yearly.
MIAX Emerald	Adherence to Law	Rule 300	Yearly.
MIAX Sapphire	Adherence to Law	Rule 300	Yearly.
MEMX	Adherence to Law	Rule 18.1	Yearly.
Nasdaq	Adherence to Law	NOM Options 9, Section 2	Yearly.
Nasdaq BX	Adherence to Law	BX Options 9, Section 2	Yearly.
Nasdaq PHLX	Violation of By-Laws And Rules Of OCC	PHLX Options 9, Section 24	Yearly.
NYSE Arca	Adherence to Law and Good Business Practice	Rule 11.1	Yearly.
NYSE American	Business Conduct	Rule 16	Yearly.