SIFMA provided comments to the Chicago Board Options Exchange Incorporated (CBOE) regarding CBOE Regulatory Circular RG14-139 and C2 Regulatory Circular RG14-040 (collectively, “the Regulatory Circulars”).

While SIFMA supports CBOE’s efforts to enhance their regulatory and investigation efforts, the requirements described in the Regulatory Circulars are largely new and therefore require a notice and comment period.

In addition, the Regulatory Circulars create an untenable January 5, 2015 deadline by which Trading Permit Holders (TPHs) must be able to provide data in a new standardized format through a new submission process.

Related Material 

CBOE Regulatory Circulars