IEX corrects cross-reference error in Rule 23.150
The correction to IEX's Rule 23.150(h)(1) takes effect immediately on August 13, 2026 and applies to all IEX market participants.
On August 13, 2026 Investors Exchange LLC filed a proposed rule change with the SEC to correct an internal cross-reference error in Rule 23.150. The filing was announced in a notice dated August 19, 2026 (FR Doc 2026-17201, file SR-IEX-2026-28) and was designated non-controversial under Section 19(b)(3)(A) of the Securities Exchange Act, making it effective immediately.
Rule 23.150(h)(1) currently points to "Away Markets" as defined in Rule 22.160(a)(8). A recent amendment to Rule 22.160 renumbered that definition to 22.160(a)(7). IEX proposes to amend the cross-reference so that Rule 23.150(h)(1) refers to Rule 22.160(a)(7) instead of 22.160(a)(8). The exchange states the change does not alter system functionality or market processes.
The exchange characterizes the filing as "non-controversial" and asserts that it imposes no additional burden on competition. No written comments were solicited or received.
Comments may be submitted until September 14, 2026 using the SEC's internet comment form or by email referencing file SR-IEX-2026-28. The Commission may, within 60 days of the filing, temporarily suspend the change if deemed necessary.
If the Commission acts, it will initiate proceedings under Section 19(b)(2)(B) of the Act to determine final approval.
Further reading