Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the MIAX Pearl Equities Fee Schedule

What happened: MIAX PEARL, LLC filed a proposed rule change with the SEC to amend the MIAX Pearl Equities Fee Schedule. The change adds liquidity indicator codes "Ep" and "Fp" below the "Midpoint Peg Order Adding Liquidity at Midpoint Volume Tiers" table in Section 1)e), which the Exchange describes as non-substantive and clarifying. Key numbers: Filed October 14, 2026. Why it matters: The codes have applied to such executions since they were first established, so the filing aligns the fee schedule text with existing practice. The SEC is soliciting comments on the proposed rule change.

MIAX PEARL, LLC filed a proposed rule change with the SEC to amend the MIAX Pearl Equities Fee Schedule. The change adds liquidity indicator codes "Ep" and "Fp" below the "Midpoint Peg Order Adding Liquidity at Midpoint Volume Tiers" table in Section 1)e), which the Exchange describes as non-substantive and clarifying.

The codes have applied to such executions since they were first established, so the filing aligns the fee schedule text with existing practice. The SEC is soliciting comments on the proposed rule change.