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SR-MX2-2025-02: Proposal to Amend Exchange Rule 11.3 Regarding Sponsored Access

Date Filed: July 28, 2025

Description: Proposal to amend Exchange Rules 11.3(a)-(b) to define the term “Sponsored Access” and to codify that the agreement required by and between the Sponsoring Member and Sponsored Participant must include a provision that any Sponsored Access relationship must follow the requirements of SEC Rule 15c3-5, the Market Access Rule.