Notice2026-18930
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Pursuant to IEX Rule 15.110(a) and (c) To Provide That Extranet Providers, in Addition to Data Subscribers, Are also Eligible To Earn the External Distribution Rebate by Enlisting New Data Subscribers of Real-Time IEX Market Data Products
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 16, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 178 (Wednesday, September 16, 2026)</title>
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[Federal Register Volume 91, Number 178 (Wednesday, September 16, 2026)]
[Notices]
[Pages 58736-58739]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18930]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-106341; File No. SR-IEX-2026-29]
Self-Regulatory Organizations; Investors Exchange LLC; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change Pursuant to
IEX Rule 15.110(a) and (c) To Provide That Extranet Providers, in
Addition to Data Subscribers, Are also Eligible To Earn the External
Distribution Rebate by Enlisting New Data Subscribers of Real-Time IEX
Market Data Products
September 11, 2026.
Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of
1934 (the ``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby
given that, on August 31, 2026, the Investors Exchange LLC (``IEX'' or
the ``Exchange'') filed with the Securities and Exchange Commission
(the ``Commission'') the proposed rule change as described in Items I,
II and III below, which Items have been prepared by the self-regulatory
organization. The Commission is publishing this notice to solicit
comments on the proposed rule change from interested persons.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 15 U.S.C. 78a.
\3\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
Pursuant to the provisions of Section 19(b)(1) under the Act,\4\
and Rule 19b-4 thereunder,\5\ the Exchange is filing with the
Commission a proposed rule change to amend the IEX Fee Schedule (``Fee
Schedule''), pursuant to IEX Rules 15.110(a) and (c), to provide that
Extranet Providers, in addition to Data Subscribers, are also eligible
to earn the External Distribution Rebate by enlisting new Data
Subscribers of Real-Time IEX market data products. Changes to the Fee
Schedule pursuant to this proposal are effective upon filing,\6\ and
will be operative beginning on September 1, 2026.
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\4\ 15 U.S.C. 78s(b)(1).
\5\ 17 CFR 240.19b-4.
\6\ 15 U.S.C. 78s(b)(3)(A)(ii).
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The text of the proposed rule change is available at the Exchange's
website at <a href="https://www.iexexchange.io/resources/regulation/rule-filings">https://www.iexexchange.io/resources/regulation/rule-filings</a>
and at the principal office of the Exchange.
II. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, the self-regulatory organization
included statements concerning the purpose of and basis for the
proposed rule change and discussed any comments it received on the
proposed rule change. The text of these statements may be examined at
the places specified in Item IV below. The self-regulatory organization
has prepared summaries, set forth in Sections A, B, and C below, of the
most significant aspects of such statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule Change
1. Purpose
The Exchange proposes to amend the Market Data Fees section of the
IEX Fee Schedule (``Fee Schedule''),\7\ pursuant to IEX Rules 15.110(a)
and (c), to provide that Extranet Providers,\8\ in addition to Data
Subscribers,\9\ are also eligible to earn the External Distribution
Rebate by enlisting new Data Subscribers \10\ of Real-Time \11\ IEX
market data products.
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\7\ See IEX Fee Schedule--Market Data Fees, available at <a href="https://www.iex.io/resources/trading/fee-schedule#market-data-fees">https://www.iex.io/resources/trading/fee-schedule#market-data-fees</a>.
\8\ See Rule 11.130(e).
\9\ ``Data Subscriber'' means any natural person or entity that
receives Real-Time IEX market data either directly from the Exchange
or from another non-affiliated Data Subscriber via uncontrolled
distribution where such non-affiliated Data Subscriber does not
control both the entitlement to and display of the Real-Time IEX
Market Data by the Data Subscriber. A Data Subscriber must enter
into a Data Subscriber Agreement with IEX in order to receive Real-
Time IEX market data. A natural person or entity that receives Real-
Time IEX market data from an affiliated Data Subscriber is subject
to the Data Subscriber Agreement of such affiliated Data Subscriber.
See Fee Schedule, supra, note 7.
\10\ ``External Data Subscriber'' means any Person who (i)
receives IEX Market Data from a Data Subscriber via Uncontrolled
Distribution, and (ii) is not a Data User or Affiliate of such Data
Subscriber. See IEX Data Subscriber Agreement, Section 1--
Definitions, <a href="https://www.iex.io/documents/iex-data-subscriber-agreement">https://www.iex.io/documents/iex-data-subscriber-agreement</a>.
\11\ ``Real-Time IEX market data'' is IEX market data that is
accessed, used or distributed less than fifteen (15) minutes after
it was made available by the Exchange. See Fee Schedule, supra note
7.
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Background
On July 17, 2026, IEX established an External Distribution
Rebate,\12\ to be implemented beginning on September 1, 2026, for Data
Subscribers who distribute Real-Time IEX market data to new External
Data Subscribers (the ``Market Data Rebate Filing'').\13\ The rebate is
available for a Data Subscriber that distributes IEX market data
products (referred to herein as a ``Data Redistributor'') to a new
External Data Subscriber(s). The External Distribution
[[Page 58737]]
Rebate is equal to 75% of the subscription fees paid to IEX by the new
External Data Subscriber(s) enlisted by the Data Redistributor to
incentivize Data Redistributors to enlist new External Data Subscribers
and thereby increase distribution of Real-Time IEX market data
products.
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\12\ See supra, note 7.
\13\ See Securities Exchange Act Release No. 105972 (July 23,
2026), 91 FR 47293 (July 28, 2026) (SR-IEX-2026-22).
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IEX offers three Real-Time market data products: (i) DEEP+, an
uncompressed data feed of order-by-order depth of book quotations for
all displayed orders resting on the Order Book at each price level, and
execution information (i.e., last sale information) for executions on
the Exchange; \14\ (ii) DEEP, an uncompressed data feed that provides
aggregated depth of book quotations for all displayed orders resting on
the Order Book at each price level and execution information (i.e.,
last sale information) for executions on the Exchange; \15\ and (iii)
TOPS, an uncompressed data feed that provides aggregated top of book
quotations for all displayed orders resting on the Order Book and
execution information (i.e., last sale information) for executions on
the Exchange.\16\
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\14\ See IEX Rule 11.330(a)(3).
\15\ See IEX Rule 11.330(a)(2).
\16\ See IEX Rule 11.330(a)(1).
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As described in the Market Data Rebate Filing, a Data Redistributor
is eligible to receive a rebate of 75% of the amount of subscription
fees paid to IEX by any new External Data Subscriber that begins to
subscribe to one or more Real-Time IEX market data products through the
Data Redistributor.\17\ The Data Redistributor will be eligible to earn
the proposed External Distribution Rebate starting the first full month
of the new External Data Subscriber's subscription. The proposed rebate
applies to the subscriptions of new External Data Subscribers who, as
of July 1, 2026, were not entitled to receive Real-Time IEX market data
products and would not apply to a Data Subscriber's existing Data
Subscriber customers.\18\
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\17\ See supra, note 13.
\18\ To the extent that a new External Data Subscriber chooses
to participate in the one-time 30-day free trial that IEX offers for
TOPS and DEEP, the proposed External Distribution Rebate would begin
at the end of the 30-day free trial period. See Fee Schedule--Market
Data Fees--Trial Usage, supra note 7.
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The Data Redistributor must report to IEX on a monthly basis any
new External Data Subscribers that began subscribing to a particular
IEX market data product through the Data Redistributor during the
previous month.\19\ A Data Subscriber wishing to participate in the
proposed External Distribution Rebate must opt into the program via an
updated Exhibit A (Data Request Form) to the IEX Data Subscriber
Agreement, and each new External Data Subscriber will be required to
execute the IEX Data Subscriber Agreement.
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\19\ Data Subscribers that distribute Real-Time IEX market data
externally to External Data Subscribers are already required to
report such distributions. See IEX Data Subscriber Agreement,
Exhibit A--Data Request Form, supra note 10.
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The rebate will expire on the earlier of (a) the termination of an
External Data Subscriber's applicable subscription, or (b) August 31,
2028 (two years from the commencement of the proposed External
Distribution Rebate program).\20\
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\20\ Should the Exchange determine to extend the proposed rebate
program, it would do so subject to an effective SEC rule filing and
notice to market participants.
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Proposal
IEX proposes to make the External Distribution Rebate available to
Extranet Providers in the same manner as it is available to Data
Subscribers. Extranet Providers are not Exchange Members, but obtain
authorized access to the Exchange by entering into a Connectivity
Services Agreement (including the ``Extranet Addendum'') with the
Exchange.\21\ Extranet Providers with authorized access to the Exchange
provide a means for market participants (including Members and Data
Subscribers) to connect to the Exchange for order entry access or the
receipt of market data.\22\ Extranet Providers who elect to distribute
market data to their customers agree not to access or alter the market
data subject to some technical exceptions set forth in the Extranet
Addendum.\23\ Thus, Extranet Providers receive and transmit IEX market
data without signing the IEX Data Subscriber Agreement \24\ and thus
without becoming an IEX Data Subscriber.\25\
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\21\ See Rule 11.130(e).
\22\ See IEX Extranet Manual, available at <a href="https://www.iex.io/documents/iex-extranet-manual">https://www.iex.io/documents/iex-extranet-manual</a>.
\23\ See Section 3(b) of the Extranet Addendum to Connectivity
Services Agreement, available at <a href="https://www.iex.io/documents/iex-connectivity-services-agreement-and-forms">https://www.iex.io/documents/iex-connectivity-services-agreement-and-forms</a>.
\24\ See Section 2(1) of the IEX Market Data Policies, available
at <a href="https://www.iex.io/documents/iex-market-data-policies-rev202408">https://www.iex.io/documents/iex-market-data-policies-rev202408</a>.
(``All recipients of Real-Time IEX Market Data via Uncontrolled
Distribution, except extranet providers, are required to complete,
sign and deliver to IEX the IEX Data Subscriber Agreement, including
the Data Request Form and List of Affiliates (if applicable).'')
(emphasis added).
\25\ IEX's Fee Schedule, Data Subscriber Agreement, and Market
Data Policies all define a Data Subscriber as a Person that both
receives IEX real-time market data and is required to sign a Data
Subscriber Agreement. See Fee Schedule, supra, note 7, IEX Data
Subscriber Agreement, supra, note 10, and IEX Market Data Policies,
supra, note 24.
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As proposed, each Extranet Provider that transmits Real-Time IEX
market data products to one or more Data Subscribers \26\ will be
eligible to receive an External Distribution Rebate of 75% of the
amount of subscription fees paid to IEX by any new Data Subscriber that
begins to subscribe to one or more Real-Time IEX market data products
through such Extranet Provider. Each Extranet Provider will be eligible
to earn the External Distribution Rebate starting the first full month
of any new Data Subscriber's subscription to any Real-Time IEX market
data product. To qualify for the External Distribution Rebate, an
Extranet Provider must opt into the program via an updated Extranet
Addendum to the Connectivity Services Agreement, report monthly to IEX
any new Data Subscribers that began subscribing to a particular Real-
Time IEX market data product through the Extranet Provider during the
previous month, and each new Data Subscriber must execute the IEX Data
Subscriber Agreement. Only Data Subscribers who, as of July 1, 2026,
were not entitled to receive Real-Time IEX market data products will be
eligible to be counted. The External Distribution Rebate does not apply
to an Extranet Provider's existing Data Subscriber customers.
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\26\ IEX notes that a firm that receives Real-Time IEX market
data from an Extranet Provider is referred to herein and in the Fee
Schedule as a ``Data Subscriber'', because ``External Data
Subscribers'' are defined as receiving Real-Time IEX market data
from a Data Subscriber, and as described above, Extranet Providers
are not Data Subscribers. See Fee Schedule, supra, note 7.
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IEX believes that it is appropriate to extend the External
Distribution Rebate to Extranet Providers because the same factors that
are applicable to redistribution by a Data Subscriber, as described in
the Market Data Rebate Filing, are also relevant to an Extranet
Provider.\27\ Specifically, making rebate payments to an Extranet
Provider is designed to provide a strong incentive for the Extranet
Provider to expand its distribution of IEX market data products by
offering a share in the economics of the new subscriptions in the form
of a rebate. As discussed in the Market Data Rebate Filing, such rebate
payments are common for exchanges.
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\27\ See supra, note 13.
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In general, the Exchange believes that exchanges, in setting fees
of all types, should meet very high standards of transparency to
demonstrate why each new fee or fee increase meets the Exchange Act
requirements. The Exchange believes this high standard is especially
important when an exchange imposes fees for market participants to
[[Page 58738]]
access an exchange's marketplace. The Exchange believes the proposed
rebate, as applied to Extranet Providers, is reasonable when compared
with similar fee waivers and credits offered by other equities
exchanges.\28\
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\28\ The Cboe U.S. equities exchanges (EDGX, EDGA, BYX, and BZX)
waive external distribution fees for new uncontrolled external
distributors of certain Cboe market data feeds until such time as
they enlist one or more users to receive the applicable data feeds:
Summary Depth, Top and aggregated market data feeds, Cboe One
Summary and Cboe One Premium. See Cboe EDGX U.S. Equities Fee
Schedule, effective July 1, 2026, available at <a href="https://www.cboe.com/us/equities/membership/fee_schedule/edgx">https://www.cboe.com/us/equities/membership/fee_schedule/edgx</a>; Cboe EDGA U.S. Equities
Fee Schedule, effective July 1, 2026, available at <a href="https://www.cboe.com/us/equities/membership/fee_schedule/edga">https://www.cboe.com/us/equities/membership/fee_schedule/edga</a>; Cboe BYX U.S.
Equities Fee Schedule, effective July 1, 2026, available at <a href="https://www.cboe.com/us/equities/membership/fee_schedule/byx">https://www.cboe.com/us/equities/membership/fee_schedule/byx</a>; Cboe BZX U.S.
Equities Fee Schedule, effective July 1, 2026, available at <a href="https://www.cboe.com/us/equities/membership/fee_schedule/bzx">https://www.cboe.com/us/equities/membership/fee_schedule/bzx</a>. NYSE also
provides a redistribution credit up to the amount of the external
distribution fee for the external distribution of the Pillar Depth
data feed. See NYSE Proprietary Market Data Pricing Guide, effective
May 14, 2026, available at <a href="https://www.nyse.com/publicdocs/nyse/data/NYSE_Market_Data_Pricing.pdf">https://www.nyse.com/publicdocs/nyse/data/NYSE_Market_Data_Pricing.pdf</a>.
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The Exchange plans to implement the proposed fee change on
September 1, 2026, subject to effectiveness of this proposed rule
change. The Exchange announced the planned implementation of the
External Distribution Rebate program set forth in the Market Data
Rebate Filing on July 31, 2026 \29\ and will issue an updated
announcement regarding this proposed fee change upon effectiveness.
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\29\ See Trading Alert #2026-012, available at <a href="https://notifications.iex.io/tradingalerts/77">https://notifications.iex.io/tradingalerts/77</a>.
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Accordingly, the Exchange proposes to amend the Market Data Fees
section of the Fee Schedule as follows:
<bullet> Add a new paragraph to the ``External Distribution
Rebate'' section prior to the last sentence of the existing
paragraph with the following text:
Each Extranet Provider that transmits Real-Time IEX market data
products to one or more Data Subscribers will be eligible to receive
an External Distribution Rebate of 75% of the amount of subscription
fees paid to IEX by any new Data Subscriber that begins to subscribe
to one or more Real-Time IEX market data product through such
Extranet Provider. Each Extranet Provider will be eligible to earn
the External Distribution Rebate starting the first full month of
any new Data Subscriber's subscription to any Real-Time IEX market
data product. To qualify for the External Distribution Rebate, an
Extranet Provider must opt into the program by providing IEX with an
updated Extranet Addendum to the Connectivity Services Agreement,
report monthly to IEX any new Data Subscribers that began
subscribing to a particular Real-Time IEX market data product
through the Extranet Provider during the previous month, and each
new Data Subscriber must execute the IEX Data Subscriber Agreement.
Only Data Subscribers who, as of July 1, 2026, were not entitled to
receive Real-Time IEX market data products will be eligible to be
counted. The External Distribution Rebate does not apply to an
Extranet Provider's existing Data Subscriber customers.
IEX also proposes to make one clarifying edit to the now third
paragraph of the External Distribution Rebate section of the Fee
Schedule. Specifically, IEX proposes to add ``or Data Subscriber's''
after the words ``External Data Subscriber's'', so the paragraph will
now read in full:
The External Distribution Rebate shall automatically expire on
the earlier of (a) the termination of an External Data Subscriber's
or Data Subscriber's applicable subscription, or (b) August 31,
2028.
IEX makes this change so the Fee Schedule is clear that Extranet
Providers and Data Subscribers who qualify for the External
Distribution Rebate are treated identically if the new Data Subscriber
introduced by an Extranet Provider or External Data Subscriber
introduced by a Data Subscriber terminates its subscription for IEX
Real-Time market data.
2. Statutory Basis
The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6(b) \30\ of the Act in general and
furthers the objectives of Section 6(b)(4) \31\ of the Act, in
particular, in that it is designed to provide for the equitable
allocation of reasonable dues, fees and other charges among its Members
and other recipients of Exchange market data products. The Exchange
also believes that the proposed rule change is designed to promote just
and equitable principles of trade, will not be unfairly discriminatory,
and is consistent with the objectives of Section 6(b)(5) \32\ of the
Act.
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\30\ 15 U.S.C. 78f(b).
\31\ 15 U.S.C. 78f(b)(4).
\32\ 15 U.S.C. 78f(b)(5).
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The Exchange believes that the proposed rule change is equitable
and not unfairly discriminatory because the External Distribution
Rebate would be available to any Extranet Provider that distributes
IEX's market data products to new customers. As such, the External
Distribution Rebate, as proposed to be modified, is narrowly tailored
to increase external distribution of IEX market data and attract new
External Data Subscribers. The Exchange believes that the proposed
External Distribution Rebate will not only lower the effective costs
for Extranet Providers that successfully enlist new External Data
Subscribers by defraying their technical and operational costs \33\ but
will also potentially reward them with rebates exceeding such costs.
The Exchange believes the proposed External Distribution Rebate is
reasonably designed because the amount of the rebate will ultimately be
a function of the ability of an Extranet Provider to enlist new
External Data Subscribers for IEX market data products.
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\33\ Extranet Providers are not subject to IEX market data fees
because they are not Data Subscribers. See supra, notes 24 and 25.
However, Extranet Providers incur costs to satisfy IEX's requirement
that they own and maintain ``reliable, redundant physical
connectivity'' to the Exchange. See IEX Extranet Manual, supra, note
22.
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Similarly, the Exchange believes it is reasonable that the proposed
rebate is not available with respect to the distribution of IEX market
data products to existing Data Subscribers because such distribution
would not increase the number of Data Subscribers or expand the
distribution of IEX market data to new customers.\34\ As such, the
proposed rebate is not based on the type of Extranet Provider but on
the business model as determined by the Extranet Provider.
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\34\ IEX does not charge incremental fees for internal
distribution of its market data.
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In addition, IEX believes that it is reasonable to condition
eligibility for the 75% rebate to the subscriptions of those downstream
customers of Extranet Providers that, as of July 1, 2026, were not
entitled to receive Real-Time IEX market data. This clarifies which
downstream customers are eligible to be new Data Subscribers, and is
consistent with the Exchange's launch of the program.
Furthermore, the Exchange believes that the proposed rule change is
consistent with charging fees that are reasonable, fair, and equitable,
and not unfairly discriminatory because the proposed rule change does
not alter the level of fees that the Exchange currently charges for
Real-Time market data products. The proposed External Distribution
Rebate would apply equally to all Extranet Providers that are eligible
for the rebate and in the same manner as it is currently applicable to
Data Subscribers who are eligible for the rebate for enlisting new
External Data Subscribers.
In addition, the Exchange believes that the proposed rule change is
consistent with Section 11A of the Exchange Act \35\ in that it is
designed to facilitate the economically efficient execution of
securities transactions, fair competition among brokers and dealers,
[[Page 58739]]
exchange markets and markets other than exchange markets, and the
practicability of brokers executing investors' orders in the best
market. As noted above, the proposed External Distribution Rebate is
designed to expand access to IEX market data to a broader range of
users and thereby supports the economically efficient execution of
securities transactions on IEX.
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\35\ 15 U.S.C. 78k-1.
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As discussed in the Purpose section, other exchanges have similar
credits or fee waiver programs designed to incentivize external
distribution of market data products.\36\ As discussed in the Market
Data Rebate Filing, although other exchanges that offer such credits or
fee waiver programs cap such credits or waivers at the amount of fees
payable by the upstream distributor, IEX does not believe this
difference is material in that it merely reflects a difference in
degree rather than substance.\37\ And IEX notes that exchanges
routinely provide rebate payments to their members with respect to
transaction fees. Thus, the Exchange does not believe that the proposed
rule change raises any new or novel issues not already considered by
the Commission. For the foregoing reasons, the Exchange believes that
the proposed rule change is consistent with charging fees that are
reasonable, fair, equitable, and not unfairly discriminatory.
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\36\ See supra note 28.
\37\ See supra, note 13.
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B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change will
result in any burden on intramarket or intermarket competition that is
not necessary or appropriate in furtherance of the purposes of the Act.
The Exchange does not believe that the proposed rule change will
impose any burden on intermarket competition that is not necessary or
appropriate in furtherance of the purposes of the Act. To the contrary,
the proposal is designed to enhance the Exchange's competitiveness by
incentivizing Extranet Providers to enlist new Data Subscribers and
increase distribution of IEX market data products, thereby expanding
access to IEX market data. Other exchanges are free to offer similar
External Distribution Rebates to compete with the Exchange's offering,
subject to the Commission's rule filing process.
Further, the Exchange believes that the proposed rebate program
does not impose a burden on intramarket competition that is not
necessary or appropriate in furtherance of the purposes of the Act
because all Extranet Providers, as well as Data Subscribers, are
eligible for the proposed rebate. The proposed rebate is not based on
the type of Extranet Provider or Data Subscriber but on their
respective business models as determined by the Extranet Provider or
Data Subscriber.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
Written comments were neither solicited nor received.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A)(ii) \38\ of the Act.
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\38\ 15 U.S.C. 78s(b)(3)(A)(ii).
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At any time within 60 days of the filing of the proposed rule
change, the Commission summarily may temporarily suspend such rule
change if it appears to the Commission that such action is necessary or
appropriate in the public interest, for the protection of investors, or
otherwise in furtherance of the purposes of the Act. If the Commission
takes such action, the Commission shall institute proceedings under
Section 19(b)(2)(B) \39\ of the Act to determine whether the proposed
rule change should be approved or disapproved.
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\39\ 15 U.S.C. 78s(b)(2)(B).
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IV. Solicitation of Comments
Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:
Electronic Comments
<bullet> Use the Commission's internet comment form (<a href="https://www.sec.gov/rules/sro.shtml">https://www.sec.gov/rules/sro.shtml</a>); or
<bullet> Send an email to <a href="/cdn-cgi/l/email-protection#c6b4b3aaa3eba5a9ababa3a8b2b586b5a3a5e8a1a9b0"><span class="__cf_email__" data-cfemail="5e2c2b323b733d3133333b302a2d1e2d3b3d70393128">[email protected]</span></a>. Please include
File Number SR-IEX-2026-29 on the subject line.
Paper Comments
<bullet> Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.
All submissions should refer to file number SR-IEX-2026-29. This file
number should be included on the subject line if email is used. To help
the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's internet website (<a href="https://www.sec.gov/rules/sro.shtml">https://www.sec.gov/rules/sro.shtml</a>). Copies of the filing will be available for inspection and
copying at the principal office of the Exchange. Do not include
personal identifiable information in submissions; you should submit
only information that you wish to make available publicly. We may
redact in part or withhold entirely from publication submitted material
that is obscene or subject to copyright protection. All submissions
should refer to file number SR-IEX-2026-29 and should be submitted on
or before October 7, 2026.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\40\
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\40\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-18930 Filed 9-15-26; 8:45 am]
BILLING CODE 8011-01-P
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