Notice2026-18933
Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Introduce Conforming Changes to Nasdaq Texas Rules in Connection With the Establishment of Fees for Nasdaq TotalView Plus and Nasdaq Basic Plus by the Nasdaq Stock Exchange
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 58716-58719]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18933]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-106335; File No. SR-NasdaqTX-2026-043]
Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change To Introduce
Conforming Changes to Nasdaq Texas Rules in Connection With the
Establishment of Fees for Nasdaq TotalView Plus and Nasdaq Basic Plus
by the Nasdaq Stock Exchange
September 11, 2026.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on September 8, 2026, Nasdaq Texas, LLC (``Nasdaq Texas'' or
``Exchange'') filed with the Securities and Exchange Commission
(``SEC'' or ``Commission'') the proposed rule change as described in
Items I, II, and III below, which Items have been prepared by the
Exchange. 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\ 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
The Exchange proposes to introduce conforming changes to Nasdaq
Texas rules in connection with the establishment of fees for Nasdaq
TotalView Plus and Nasdaq Basic Plus by the Nasdaq Stock Exchange.
Specifically, the Exchange proposes to amend the Exchange's fees at (i)
Equity 7, Section 119 to waive the market data distributor fees for
Nasdaq Texas TotalView for firms that consolidate it with certain other
feeds for external redistribution; (ii) Equity 7, Section 123 to waive
the fees for firms purchasing Nasdaq TotalView Plus; (iii) Equity 7,
Section 139 to reflect the addition of Nasdaq Basic Plus as a product
offering subject to a consolidation fee; and (iv) Equity 7, Section 147
to clarify that firms that receive Nasdaq Last Sale Plus or Nasdaq
Basic Plus or both shall pay monthly administrative fees and data
consolidation fees, each as described further below.\3\
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\3\ This filing replaces SR-NasdaqTX-2026-041, which was
withdrawn and replaced on September 8, 2026. It was previously filed
as SR-NasdaqTX-2026-040, which was withdrawn on August 31, 2026.
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The text of the proposed rule change is available on the Exchange's
website at <a href="https://listingcenter.nasdaq.com/rulebook/nasdaqtx/rulefilings">https://listingcenter.nasdaq.com/rulebook/nasdaqtx/rulefilings</a>, and at the principal office of the Exchange.
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, the Exchange 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 Exchange 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
Statutory Basis for, the Proposed Rule Change
1. Purpose
The purpose of the proposed rule change is to introduce conforming
changes to Nasdaq Texas rules in connection with the establishment of
fees for Nasdaq TotalView Plus and Nasdaq Basic Plus by the Nasdaq
Stock Exchange. Specifically, the Exchange proposes to amend fees at
(i) Equity 7, Section 119 to waive the market data distributor fees for
Nasdaq Texas TotalView for firms that consolidate it with certain other
feeds for external redistribution; (ii) Equity 7, Section 123 to waive
the fees for firms purchasing Nasdaq TotalView Plus; (iii) Equity 7,
Section 139 to reflect the addition of Nasdaq Basic Plus as a product
offering subject to a consolidation fee; and (iv) Equity 7, Section 147
to clarify that firms that receive Nasdaq Last Sale Plus or Nasdaq
Basic Plus or both shall pay monthly administrative fees and data
consolidation fees, each as described further below.
Nasdaq TotalView Plus and Nasdaq Basic Plus Fees
The Nasdaq Stock Market LLC (``Nasdaq'') recently introduced two
new products, Nasdaq TotalView Plus and Nasdaq Basic Plus,\4\ which
[[Page 58717]]
consolidate Depth-of-Book \5\ and Top-of-Book \6\ information currently
disseminated by Nasdaq, the Exchange, and Nasdaq PHLX LLC equities
(``Nasdaq PSX''). Nasdaq has submitted to the Commission a fee filing
designed to set fees for Nasdaq TotalView Plus and Nasdaq Basic Plus at
or below fees currently charged for the Depth-of-Book and Top-of-Book
products offered by Nasdaq, Nasdaq Texas, and Nasdaq PSX. This,
together with the networking and connectivity savings inherent in
lowering the number of data feeds, is designed to maximize the
distribution of consolidated data feeds to investors throughout the 23
hour, 5 days per week schedule set to begin in December 2026.
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\4\ See Securities Exchange Act Release No. 105997 (July 28,
2026), 91 FR 48466 (July 31, 2026) (SR-Nasdaq-2026-061) (a proposal
to introduce Nasdaq TotalView Plus and Nasdaq Basic Plus, two new
data feeds which will offer consolidated Top-of-Book and Depth-of-
Book information currently disseminated by Nasdaq, Nasdaq Texas and
Nasdaq PSX).
\5\ The underlying Depth-of-Book products are Nasdaq TotalView,
Nasdaq Texas TotalView, and PSX TotalView.
\6\ The underlying Top-of-Book products are Nasdaq Basic (which
includes both best bid and offer and last sale information), Nasdaq
Texas BBO, Nasdaq Texas Last Sale, PSX BBO, and PSX Last Sale.
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Nasdaq will offer Nasdaq TotalView Plus for the same Professional
and Non-Professional Subscriber and enterprise license fees as Nasdaq
TotalView.\7\ To ensure that market data vendors will be able to offer
competing consolidated data products, any firm that certifies to Nasdaq
that it will consolidate Nasdaq TotalView, Nasdaq Texas TotalView and
Nasdaq PSX TotalView into a data feed solely for external
redistribution shall be exempt from Nasdaq Texas Market Data
Distributor Fees \8\ and Nasdaq PSX Market Data Distributor Fees.\9\
This will ensure that vendors will be able to cover the cost of
consolidating the underlying fees.
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\7\ Internal and External Distributor, as well as Direct Access
fees, may apply to purchasers of Nasdaq Plus products depending on
the customer's use case. See Nasdaq Rules, Equity 7, Section 119(b).
\8\ See Equity 7, Section 119(a).
\9\ See Nasdaq PHLX Rules, Equity 7, Section 3 (Market Data
Distributor Fees).
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Nasdaq will offer Nasdaq Basic Plus for the same Professional and
Non-Professional Subscriber, enterprise license, and Distributor fees
as Nasdaq Basic. To ensure that other market data vendors will be able
to offer competing consolidated data products, Nasdaq proposes to
charge the same monthly administrative and data consolidation fees for
Nasdaq Basic Plus as are currently charged for Nasdaq Last Sale Plus to
both Internal Distributors \10\ and External Distributors \11\ to cover
the costs of data feed consolidation to be incurred by market data
vendors.
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\10\ ``Internal Distributors'' are Distributors that receive
Nasdaq Last Sale Plus or Nasdaq Basic Plus data and then distribute
that data to one or more Subscribers within the Distributor's own
entity.
\11\ ``External Distributors'' are Distributors that receive
Nasdaq Last Sale Plus or Nasdaq Basic Plus data and then distribute
that data to one or more Subscribers outside the Distributor's own
entity.
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With respect to the Market Data Enterprise License for Display
Usage,\12\ which currently offers both Nasdaq TotalView and Nasdaq
Basic in the same enterprise license, Nasdaq proposes to offer the
Nasdaq TotalView Plus and Nasdaq Basic Plus feeds for the same fees
currently charged for the Nasdaq TotalView and Nasdaq Basic.
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\12\ See Nasdaq Stock Market Rules, Equity 7, Section 132.
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As a result of the introduction of Nasdaq TotalView Plus and Nasdaq
Basic Plus and their related fees, the Exchange is proposing amendments
to Equity 7, Sections 119, 123, 139, and 147 to make conforming changes
to its fee schedule to align with the fees outlined in Nasdaq's Equity
7, Sections 123, 132, 139, and 147 for these new products.
Market Data Distributor Fees
The purpose of the first fee amendment is to issue a fee waiver for
External Market Data Distributor Fees of $1,620 per month, in Equity 7,
Section 119, for vendors that certify to Nasdaq that they will
consolidate Nasdaq TotalView, Nasdaq Texas TotalView and Nasdaq PSX
TotalView into a data feed solely for external redistribution. The same
discount would not apply to non-vendors. Vendors would be able to apply
this fee reduction to cover the cost of forming their own consolidated
feed, thereby allowing vendors to compete with Nasdaq in the sale of
consolidated data products using the depth of book data from Nasdaq
affiliates.
Nasdaq Texas TotalView Fees
The purpose of the second fee amendment is to issue a fee waiver
for Nasdaq Texas TotalView fees in Equity 7, Section 123 to any firm
that purchases Nasdaq TotalView Plus. Nasdaq Texas TotalView
disseminates all individual Nasdaq Texas Equities System participant
orders and quotes displayed in the system, the aggregate size of such
orders and quotes at each price level, and the trade data for
executions that occur within the Nasdaq Texas Equities System.\13\ This
will be a fee waiver of (i) monthly Subscriber fees of $22.25
(operative January 1, 2026), and $22.25 (operative January 1, 2026) for
NYSE and regional issues for display usage or non-display usage not
based upon Direct Access,\14\ and (ii) Non-Display Usage fees of $58.50
(operative January 1, 2026) per month for each Professional
Subscriber.\15\
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\13\ See Equity 7, Section 123.
\14\ See Equity 7, Section 123(a)(1).
\15\ See Equity 7, Section 123(a)(2).
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This is to ensure that Nasdaq can offer Nasdaq TotalView Plus for
the same Subscriber fees as Nasdaq TotalView.
Administrative and Consolidation Fees
The purpose of the third and fourth fee amendments is to clarify
that firms that receive Nasdaq Basic Plus, in addition to or in lieu of
Nasdaq Last Sale Plus, will also pay the monthly administrative fee
applicable to Nasdaq Texas Last Sale and Nasdaq Texas BBO, and that
distributors of Nasdaq Last Sale Plus or Nasdaq Basic Plus will pay a
data consolidation fee of $350 per month. Currently, firms that receive
Nasdaq Last Sale Plus must pay the administrative and consolidation
fees,\16\ and this amendment extends the same to purchasers of Nasdaq
Basic Plus,\17\ as both Nasdaq Last Sale Plus and Nasdaq Basic Plus
contain the same Nasdaq Texas Last Sale and Nasdaq Texas BBO feeds. The
Nasdaq Texas BBO Feeds consist of real-time market information from the
Nasdaq Texas Market Center.\18\
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\16\ See Equity 7, Section 139(b).
\17\ Firms that receive Nasdaq Last Sale Plus or Nasdaq Basic
Plus would either be liable for Nasdaq Last Sale fees or Nasdaq
Basic fees, but not both.
\18\ See Equity 7, Section 147. ``Nasdaq Texas BBO for Nasdaq''
contains the Nasdaq Texas's best bid and offer for Nasdaq-listed
securities. ``Nasdaq Texas BBO for NYSE'' contains Nasdaq Texas's
best bid and offer for NYSE-listed securities. ``Nasdaq Texas BBO
for Amex'' contains Nasdaq Texas's best bid and offer for Amex-
listed securities.
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This fee is designed to cover the data consolidation costs of
market data vendors to ensure that they will be able to offer competing
consolidated data products to the new Nasdaq Basic Plus product, which
contains both NTX Last Sale and Nasdaq Texas BBO.
As a conforming change, the Exchange proposes to modify both Equity
7, Section 139(b)(1) and Equity 7, Section 147(b) to state that firms
that receive Nasdaq Last Sale Plus or Nasdaq Basic Plus or both shall
pay the monthly administrative fees for NTX Last Sale and Nasdaq Texas
BBO, as well as a data consolidation fee of $350 per month.
2. Statutory Basis
The Exchange believes that its proposal is consistent with Section
6(b) of the Act,\19\ in general, and furthers the objectives of
Sections 6(b)(4) and 6(b)(5) of the Act,\20\ in particular, in that it
[[Page 58718]]
provides for the equitable allocation of reasonable dues, fees and
other charges among members and issuers and other persons using any
facility, and is not designed to permit unfair discrimination between
customers, issuers, brokers, or dealers because the proposal: (i)
offers more customer choice; (ii) protects competition by covering the
data consolidation costs of market data vendors; (iii) does not
increase the fee for any Nasdaq Texas product, but simply waives
certain fees or applies consolidation costs to firms purchasing certain
data feeds; (iv) conforms fees for Nasdaq Texas products to the recent
Nasdaq filings related to the offer of Nasdaq TotalView Plus and Nasdaq
Basic Plus; and (v) offers products to all market participants on a
non-discriminatory basis.
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\19\ 15 U.S.C. 78f(b).
\20\ 15 U.S.C. 78f(b)(4) and (5).
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1. More Customer Choice
The proposal will expand choice by allowing customers to select
whether to purchase best bid and offer information through the separate
data feeds of Nasdaq Basic, Nasdaq Texas Last Sale, Nasdaq Texas BBO,
and PSX Last Sale, and PSX BBO (or any combination thereof) separately
or in a single feed. Purchasing Nasdaq Basic Plus or Nasdaq TotalView
Plus will allow some customers to optimize consumption by ingesting
information from multiple markets in a single connection, which may
result in cost savings for subscribers based on a more efficient
configuration of data feeds. Nothing in this proposal will change the
quantity or quality of Depth-of-Book or Top-of-Book information
available in the market, as the underlying feeds will remain available,
and the proposed feeds are simply amalgamations of those underlying
feeds.
2. No Competitive Advantage Relative to Market Data Vendors
In offering Nasdaq Basic Plus and Nasdaq TotalView Plus, Nasdaq
will be acting as a redistributor of Depth-of-Book \21\ and Top-of-Book
\22\ products from Nasdaq, Nasdaq Texas, and Nasdaq PSX.\23\
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\21\ The underlying Depth-of-Book products are Nasdaq TotalView,
Nasdaq Texas TotalView, and PSX TotalView.
\22\ The underlying Top-of-Book products are Nasdaq Basic (which
includes both best bid and offer and last sale information), Nasdaq
Texas BBO, Nasdaq Texas Last Sale, PSX BBO, and PSX Last Sale.
\23\ See Securities Exchange Act Release No. 105997 (July 28,
2026), 91 FR 48466 (July 31, 2026) (SR-Nasdaq-2026-061); SR-NASDAQ-
2026-065.
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Nasdaq Basic Plus and Nasdaq TotalView Plus will be compiled from
the same underlying feeds from Nasdaq, Nasdaq Texas, and Nasdaq PSX
that are distributed to the purchasers of those feeds. With respect to
speed, the path for the distribution of the information by the Exchange
will not be faster than the path for distribution that would be used by
a market data vendor to distribute similar, independently created
products.
With respect to information, the same source of the market data to
be used by the Exchange to create the two proposed products will also
be available to any other market data vendor. The Nasdaq system that
will create and support Nasdaq Basic Plus and Nasdaq TotalView Plus
will access the underlying feeds from Nasdaq, Nasdaq Texas, and Nasdaq
PSX from the same point as any market data vendor.
With respect to cost, Nasdaq will ensure that market data vendors
are able to compete with the proposed fees by introducing a fee waiver
for distributors of Nasdaq TotalView Plus and a consolidation fee for
Nasdaq Basic Plus. These proposals will allow vendors to cover the
costs of consolidation for Depth-of-Book and Top-of-Book feeds,
respectively.\24\ The Exchange is filing this proposal to implement
conforming changes for a Nasdaq Stock Exchange proposal filed
separately.
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\24\ There is no consolidation fee for Nasdaq TotalView because
the waiver of distributor fees is sufficient to cover the costs of
consolidation without any additional fee.
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The proposed fee waiver for Nasdaq TotalView Plus will exempt any
firm that certifies to Nasdaq that it will consolidate Nasdaq
TotalView, Nasdaq Texas TotalView and Nasdaq PSX TotalView into a data
feed solely for external redistribution from Nasdaq Texas Market Data
Distributor Fees \25\ and Nasdaq PSX Market Data Distributor Fees.\26\
This substantial savings in distributor fees offered only to external
distributors--$1,620 per month for Nasdaq Texas,\27\ and $1,390 per
month for PSX TotalView,\28\--will allow vendors to cover the cost of
consolidation of Depth-of-Book feeds and will ensure that market data
vendors will be able to offer consolidated data products that compete
with Nasdaq TotalView Plus.
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\25\ See Equity 7, Section 119.
\26\ See Nasdaq PHLX Rules, Equity 7, Section 3.
\27\ See Equity 7, Section 119(a).
\28\ See Nasdaq PHLX Rules, Equity 7, Section 3 (Market Data
Distributor Fees).
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The proposed fees for Nasdaq Basic Plus include monthly
administrative fees for Nasdaq Last Sale, NTX Last Sale, and PSX Last
Sale and a data consolidation fee of $350 per month for Internal
Distributors and External Distributors of Nasdaq Basic Plus.\29\ This
is the current fee charged for Nasdaq Last Sale Plus to ensure that
market data vendors will be able to offer competing feeds.
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\29\ Firms that receive Nasdaq Last Sale Plus or Nasdaq Basic
Plus would either be liable for Nasdaq Last Sale fees or Nasdaq
Basic fees, but not both.
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Nasdaq introduced a consolidation fee for both Nasdaq Basic Plus
and Nasdaq Last Sale Plus because Nasdaq Basic Plus includes last sale
information. Nasdaq expects vendors to use the same processes and
servers to consolidate both best bid and offer and last sale
information, and therefore the same consolidation fee should be
sufficient to cover all data consolidation costs, enabling vendors to
compete in consolidating and distributing data from multiple exchanges.
The Exchange is proposing to amend its rules to permit that
competition.
3. No Fee Increases
Nothing in the proposal involves an increase to the fees currently
charged by Nasdaq Texas for its data feeds. Any subscriber to solely a
Nasdaq Texas feed will continue to pay the same fees as are currently
set, without any change. The subscriber fee waivers and consolidation
fees proposed herein are to ensure that any purchaser of a compiled
product, whether it is Nasdaq TotalView Plus, Nasdaq Basic Plus, or the
feeds necessary to compile a competing product containing the same
information as Nasdaq TotalView Plus and/or Nasdaq Basic Plus, is not
at a cost disadvantage compared to other purchasers of the same
information.
The proposed data consolidation fee for Nasdaq Basic Plus is
exactly the same fee as currently charged for Nasdaq Last Sale Plus,
and customers of Nasdaq Last Sale Plus would pay no additional
consolidation fee for Nasdaq Basic Plus. These consolidation and
administrative fees are not new, but are simply being expanded to
Nasdaq's new product, and do not increase the fees charged to
purchasers of Nasdaq Texas data.
Rather, the proposed fee waiver of Nasdaq Texas TotalView fees for
vendors of Nasdaq TotalView Plus lowers fees below current fees.
The proposed waiver of all subscriber fees, including both
Professional and Non-Professional fees, Non-Display Usage fees, and
enterprise license fees for Nasdaq Texas data for Nasdaq TotalView Plus
will actually lower fees further, as purchasers of Nasdaq TotalView
Plus will be charged the same fees as currently charged for Nasdaq
TotalView alone. The proposed
[[Page 58719]]
Nasdaq TotalView Plus fees therefore offer customers a discount below
current fees.
4. Conforming Amendments
The proposal conforms fees for Nasdaq Texas products to the recent
Nasdaq filings related to the offer of Nasdaq TotalView Plus and Nasdaq
Basic Plus.\30\ In order for Nasdaq's proposed fees to be
effective,\31\ Nasdaq Texas must update its rules to ensure that they
do not conflict with Nasdaq's. The proposed amendments to Equity 7,
Sections 119, 123, 139, and 147 are conforming changes made to align
the Exchange's rules to Nasdaq's.
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\30\ See Securities Exchange Act Release No. 105997 (July 28,
2026), 91 FR 48466 (July 31, 2026) (SR-Nasdaq-2026-061); SR-NASDAQ-
2026-065.
\31\ SR-NASDAQ-2026-065.
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5. No Unfair Discrimination
The proposal is not designed to permit unfair discrimination
between customers, issuers, brokers, or dealers because the proposed
feeds are optional data fees available to all market participants on a
non-discriminatory basis.
In summary, the proposal provides for the equitable allocation of
reasonable dues, fees and other charges among members and issuers and
other persons using any facility, and is not designed to permit unfair
discrimination between customers, issuers, brokers, or dealers because
the proposal: (i) offers more customer choice; (ii) protects
competition by covering the data consolidation costs of market data
vendors; (iii) does not increase the fee for any Nasdaq Texas product,
but simply waives certain fees or applies consolidation costs to firms
purchasing certain data feeds; (iv) conforms fees for Nasdaq Texas
products to the recent Nasdaq filings related to the offer of Nasdaq
TotalView Plus and Nasdaq Basic Plus; and (v) offers products to all
market participants on a non-discriminatory basis.
B. Self-Regulatory Organization's Statement on Burden on Competition
The Exchange does not believe that the proposed rule change will
impose any burden on competition not necessary or appropriate in
furtherance of the purposes of the Act.
Nothing in the proposal burdens inter-market competition (the
competition among self-regulatory organizations) because approval of
the proposal does not impose any burden on the ability of other
exchanges to compete. The proposal merely implements fee waivers for
certain purchasers and consolidation and administrative fees for
others, which any other exchange could propose.
Nothing in the Proposal burdens intra-market competition (the
competition among consumers of exchange data), because the products
related to the fee changes--Nasdaq TotalView Plus and Nasdaq Basic
Plus--will be offered to all market participants at the same price and
any market participant that elects to purchase either Nasdaq TotalView
Plus or Nasdaq Basic Plus may do so on a non-discriminatory basis.
Moreover, as explained above, the proposed fees offer no
competitive advantage relative to market data vendors, and are in fact
designed to promote competition. There is no change to (or advantage
in) speed or information. With respect to cost, the Exchange proposes
to ensure that market data vendors are able to compete with the
proposed fees by introducing a fee waiver for Nasdaq TotalView Plus
that is exclusively available to market data vendors and a
consolidation fee for Nasdaq Basic Plus. These Nasdaq feeds are
completely voluntary products in that Nasdaq is not required by any
rule or regulation to make this data available and potential
subscribers may purchase it only if they voluntarily choose to do so.
Information is compiled from underlying feeds from Nasdaq, Nasdaq
Texas, and Nasdaq PSX, which will remain available for purchase.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
No written comments were either solicited or 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) of the Act.\32\
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\32\ 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: (i)
necessary or appropriate in the public interest; (ii) for the
protection of investors; or (iii) otherwise in furtherance of the
purposes of the Act. If the Commission takes such action, the
Commission shall institute proceedings to determine whether the
proposed rule should be approved or disapproved.
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#b6c4c3dad39bd5d9dbdbd3d8c2c5f6c5d3d598d1d9c0"><span class="__cf_email__" data-cfemail="e290978e87cf818d8f8f878c9691a2918781cc858d94">[email protected]</span></a>. Please include
file number SR-NasdaqTX-2026-043 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-NasdaqTX-2026-043. 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-NasdaqTX-2026-043 and should be
submitted on or before October 7, 2026.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\33\
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\33\ 17 CFR 200.30-3(a)(12).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-18933 Filed 9-15-26; 8:45 am]
BILLING CODE 8011-01-P
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