[Federal Register Volume 91, Number 55 (Monday, March 23, 2026)]
[Notices]
[Pages 13870-13873]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-05554]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-105037; File No. SR-NYSEAMER-2026-18]


Self-Regulatory Organizations; NYSE American LLC; Notice of 
Filing and Immediate Effectiveness of Proposed Change To Amend Exchange 
Rules 904, 903G, and 906G Regarding Options on Certain Crypto Assets

March 18, 2026.
    Pursuant to Section 19(b)(1) \1\ of the Securities Exchange Act of 
1934 (``Act'') \2\ and Rule 19b-4 thereunder,\3\ notice is hereby given 
that on March 10, 2026, NYSE American LLC (``Exchange'') filed with the 
Securities and Exchange Commission (``Commission'') the proposed rule 
change as described in Items I and II 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

    The Exchange proposes to amend Rule 904 (Position Limits), Rule 
903G (Terms of FLEX Options), and Rule 906G (Position Limits) in 
connection with the following options overlying Exchange-Traded Fund 
Shares, as applicable: Grayscale Bitcoin Trust, Grayscale Bitcoin Mini 
Trust, Bitwise Bitcoin ETF, iShares Bitcoin Trust, Fidelity Wise Origin 
Bitcoin Fund, ARK21Shares Bitcoin ETF, Grayscale Ethereum Trust ETF, 
Grayscale Ethereum Mini Trust ETF, Bitwise Ethereum ETF, iShares 
Ethereum Trust ETF, and Fidelity Ethereum Fund. The proposed rule 
change is available on the Exchange's website at www.nyse.com 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 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 those 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 parts 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 Commentary .07(f) to Rule 904 
(Position Limits), Rule 903G(a) (Terms of FLEX Options), and Rule 
906G(b) (Position Limits) in connection with the following options 
overlying Exchange-Traded Fund Shares, as applicable: Grayscale Bitcoin 
Trust, Grayscale Bitcoin Mini Trust, Bitwise Bitcoin ETF, iShares 
Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin 
ETF, Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, 
Bitwise Ethereum ETF, iShares Ethereum Trust ETF, and Fidelity Ethereum 
Fund (collectively ``the Crypto Assets''). This filing is based on 
similar proposals submitted by Nasdaq ISE, LLC (``ISE''),\4\ Miami 
International Securities Exchange, LLC (``MIAX''),\5\ and Nasdaq PHLX 
LLC (``Phlx'').\6\
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    \4\ See Securities Exchange Act Release No. 34-104648 (Jan. 21, 
2026), 91 FR 3282 (Jan. 26, 2026) (SR-ISE-2026-01) (Notice of Filing 
and Immediate Effectiveness of Proposed Rule Change To Remove 
Restrictions on Certain Crypto Assets).
    \5\ See Securities Exchange Act Release No. 34-104738 (Jan. 29, 
2026), 91 FR 5000 (Feb. 03, 2026) (SR-MIAX-2026-04) (Notice of 
Filing and Immediate Effectiveness of a Proposed Rule Change To 
Amend Rule 307, Position Limits, and Rule 309, Exercise Limits, 
Regarding Position and Exercise Limits on Options Overlying Certain 
Crypto Assets).
    \6\ See Securities Exchange Act Release No. 34-104650 (Jan. 21, 
2026), 91 FR 3265 (Jan. 26, 2026) (SR-Phlx-2026-02) (Notice of 
Filing and Immediate Effectiveness of Proposed Rule Change To Remove 
Restrictions on Certain Crypto Assets).
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Background
    On October 19, 2024, the Exchange received approval to list and 
trade options on the Grayscale Bitcoin Trust, the Grayscale Bitcoin 
Mini Trust, and

[[Page 13871]]

the Bitwise Bitcoin ETF.\7\ On November 20, 2024, the Exchange filed to 
list and trade option contracts on the iShares Bitcoin Trust, the 
Fidelity Wise Origin Bitcoin Fund, and the ARK21Shares Bitcoin ETF.\8\ 
On April 9, 2025, the Exchange received approval to list and trade 
options on the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, the 
Grayscale Ethereum Mini Trust.\9\ Finally, also on April 9, 2025, the 
Exchange filed to list and trade options on the iShares Ethereum Trust 
ETF and the Fidelity Ethereum Fund.\10\ These approvals and immediately 
effective filings permitted the Exchange to list and trade options on 
the Crypto Assets subject to a 25,000 contract position and exercise 
limit and a restriction on the trading of FLEX options.
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    \7\ See Securities Exchange Act Release No. 101386 (Oct. 18, 
2024), 89 FR 84960 (Oct. 24, 2024) (SR-NYSEAMER-2024-49) (Notice of 
Filing of Amendment No. 3 and Order Granting Accelerated Approval of 
a Proposed Rule Change, as Modified by Amendment No. 3, to Permit 
the Listing and Trading of Options on Bitcoin Exchange-Traded 
Funds).
    \8\ See Securities Exchange Act Release No. 101737 (Nov. 25, 
2024), 89 FR 95257 (Dec. 02, 2024) (SR-NYSEAMER-2024-73) (Notice of 
Filing and Immediate Effectiveness of Proposed Change To List and 
Trade Option Contracts on the iShares Bitcoin Trust, the Fidelity 
Wise Origin Bitcoin Fund, and the ARK21Shares Bitcoin ETF).
    \9\ See Securities Exchange Act Release No. 102799 (Apr. 9, 
2025), 90 FR 15764 (Apr. 15, 2025) (SR-NYSEAMER-2024-45) (Notice of 
Filing of Amendment No. 2 and Order Granting Accelerated Approval of 
a Proposed Rule Change, as Modified by Amendment No. 2, To Amend 
Exchange Rule 915 To Permit the Listing and Trading of Options on 
the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the 
Grayscale Ethereum Mini Trust).
    \10\ See Securities Exchange Act Release No. 102816 (Apr. 11, 
2025), 90 FR 16247 (Apr. 17, 2025) (SR-NYSEAMER-2025-23) (Notice of 
Notice of Filing and Immediate Effectiveness of Proposed Change To 
Amend Rules 904, Rule 915, and 916).
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    On December 13, 2024, the Exchange filed to amend Rule 903G(a)(1) 
to permit FLEX options on shares of the Grayscale Bitcoin Trust.\11\ On 
April 25, 2025, the Exchange filed Amendment No. 1 to this proposal 
which replaced and superseded the original filing in its entirety and, 
among other things, expanded the scope of the proposal to permit FLEX 
options on the Grayscale Bitcoin Mini Trust ETF and the Bitwise Bitcoin 
ETF as well as on the Grayscale Bitcoin Trust.\12\ The Exchange also 
proposed to amend Rule 906G(b)(iv) to aggregate position and exercise 
limits for all Grayscale Bitcoin Trust, Grayscale Bitcoin Mini Trust 
ETF, and Bitwise Bitcoin ETF FLEX and non-FLEX options in the same 
underlying fund, thus limiting positions for Grayscale Bitcoin Trust, 
Grayscale Bitcoin Mini Trust ETF, and Bitwise Bitcoin ETF options--FLEX 
and non-FLEX--to 25,000 contracts for each fund.\13\ On July 29, 2025, 
the Commission approved the filing as modified by Amendment No. 1 to 
permit the trading of FLEX Options on shares of the Grayscale Bitcoin 
Trust, the Grayscale Bitcoin Mini Trust ETF, and the Bitwise Bitcoin 
ETF.\14\
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    \11\ See Securities Exchange Act Release No. 102014 (Dec. 20, 
2024), 89 FR 105669 (Dec. 27, 2024) (SR-NYSEAMER-2024-78) (Notice of 
Filing of a Proposed Rule Change, as Modified by Amendment No. 1, To 
Amend Certain Rules Related to Flexible Exchange Options).
    \12\ See Securities Exchange Act Release No. 102996 (May 5, 
2025), 90 FR 19756 (May 9, 2025) (SR-NYSEAMER-2024-78) (Notice of 
Filing of a Proposed Rule Change, as Modified by Amendment No. 1, To 
Amend Certain Rules Related to Flexible Exchange Options).
    \13\ See id. at 19757.
    \14\ See Securities Exchange Act Release No. 103566 (July 29, 
2025), 90 FR 36250 (SR-NYSEAMER-2024-78) (Order Approving a Proposed 
Rule Change, as Modified by Amendment No. 1, To Permit the Trading 
of FLEX Options on Shares of the Grayscale Bitcoin Trust, the 
Grayscale Bitcoin Mini Trust ETF, and the Bitwise Bitcoin ETF).
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    On August 15, 2025, the Exchange filed to eliminate the 25,000-
contract position for options on the Grayscale Bitcoin Trust ETF, the 
Grayscale Bitcoin Mini Trust ETF, and the Bitwise Bitcoin ETF and to 
apply the position limits in Exchange Rule 904, Commentary .07(a)-(e) 
to options on these products.\15\ Also on August 15, 2025, the Exchange 
filed to eliminate the 25,000-contract position for options on the 
iShares Bitcoin Trust ETF and to apply the position limits in Exchange 
Rule 904, Commentary .07(a)-(e) to options on the iShares Bitcoin Trust 
ETF.\16\
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    \15\ See Securities Exchange Act Release No. 103744 (Aug. 19, 
2025), 90 FR 41145 (Aug. 22, 2025) (SR-NYSEAMER-2025-51) (Notice of 
Filing and Immediate Effectiveness of Proposed Change to Amend Rule 
904). Exercise limits for options on an underlying security are the 
same as the position limits for options on that underlying security. 
See Rule 905(a)(1).
    \16\ See Securities Exchange Act Release No. 103746 (Aug. 20, 
2025), 90 FR 41131 (Aug. 25, 2025) (SR-NYSEAMER-2025-50) (Notice of 
Filing and Immediate Effectiveness of Proposed Change to Amend Rule 
904).
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    On November 9, 2025, the Exchange's proposal to amend its listing 
rules at Rule 915, Commentary .06 to list and trade options on 
Exchange-Traded Fund Shares that meet certain generic requirements to 
be listed as a Commodity-Based Trust was deemed approved pursuant to 
Section 19(b)(2)(D) of the Act.\17\ On November 4, 2025, during the 
shutdown resulting from a lapse of appropriations, the Exchange 
submitted an amendment that would have superseded the original filing 
that was deemed approved. The amendment could not be processed or 
published due to the pendency of the shutdown, which ended on November 
12, 2025. On November 21, 2025, the Exchange filed to adopt the rule 
text included in the amendment to the original filing that could not be 
processed during the government shutdown, reinstate text that was 
previously deleted, and remove text that was added when the original 
filing was deemed approved.\18\
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    \17\ See 15 U.S.C. 78s(b)(2)(D); Securities Exchange Act Release 
No. 104210 (November 18, 2025), 90 FR 52727 (November 21, 2025) (SR-
NYSEAMER-2025-07).
    \18\ See Securities Exchange Act Release No. 104319 (Dec. 5, 
2025), 90 FR 57237 (Dec. 10, 2025) (SR-NYSEAMER-2025-64) (Notice of 
Filing and Immediate Effectiveness of Proposed Rule Change of 
Amendments to Rules 915 and 916).
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    Specifically, as amended, Rule 915, Commentary .06(v) provides that 
the Exchange may list and trade options on shares of a Commodity-Based 
Trust that meets the generic criteria of NYSE Arca Rule 8.201 
(Generic),\19\
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    \19\ NYSE Arca Rule 8.201-E (generic) permits the listing and 
trading of certain qualifying exchange-traded products that 
physically hold commodities like precious metals and digital asset 
commodities on the Exchange. Pursuant to NYSE Arca Rule 8.201-E 
(Generic), the term ``Commodity-Based Trust Shares'' means a 
security that: (i) is issued by a trust, limited liability company, 
partnership, or other similar entity (``Trust'') that, if 
applicable, is operated by a registered commodity pool operator 
pursuant to the Commodity Exchange Act, and is not registered as an 
investment company pursuant to the Investment Company Act of 1940, 
or series or class thereof; (ii) is designed to reflect the 
performance of one or more reference assets or an index of reference 
assets; (iii) in order to reflect the performance as provided in 
(c)(1)(ii) above, is issued by a Trust that holds (A) one or more 
commodities or commodity-based assets as defined in (c)(3) below, 
and (B) in addition to such commodities or commodity-based assets, 
may hold securities, cash, and cash equivalents; (iv) is issued by 
such Trust in a specified aggregate minimum number in return for a 
deposit of (A) a specified quantity of the underlying commodities, 
commodity-based assets, securities, cash, and/or cash equivalents, 
or (B) a cash amount with a value based on the next determined net 
asset value per Trust share; and (v) when aggregated in the same 
specified minimum number, may be redeemed at a holder's request by 
such Trust which will deliver to the redeeming holder (A) the 
specified quantity of the underlying commodities, commodity-based 
assets, securities, cash, and/or cash equivalents, or (B) a cash 
amount with a value based on the next determined net asset value per 
Trust share.

except that the Commodity-Based Trust holds a single crypto 
asset.\20\ Further, a Commodity-Based Trust that meets the 
requirements of Rule 915, Commentary .06(v) must also satisfy the 
following requirements: (A) the total global supply of the 
underlying crypto asset held by the Commodity-Based Trust has an 
average daily market value of at least $700 million over the last 12 
months; and (B) the crypto asset held by the Commodity-Based Trust 
underlies a

[[Page 13872]]

derivatives contract that trades on a market with which the Exchange 
has a comprehensive surveillance sharing agreement, whether directly 
or through common membership in the Intermarket Surveillance Group 
(``ISG''). Any option approved pursuant to Rule 915, Commentary 
.06(v) is subject to the position limits set forth in Rule 904, 
Commentary .07, and subject to the corresponding exercise limits set 
forth in Rule 905. Further, any option approved pursuant to Rule 
915, Commentary .06(v) is not restricted from trading as a FLEX 
Option.
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    \20\ For purposes of this rule the term ``crypto asset'' means 
an asset that is generated, issued and/or transferred using a 
blockchain or similar distributive ledger technology network, 
including but not limited to, assets known as ``tokens,'' ``digital 
assets,'' ``virtual currencies,'' and ``coins'' and that relies on 
cryptographic protocols. See Rule 915, Commentary .06(c).

Proposed Rule Change
    The Crypto Assets all qualify for listing pursuant to Rule 915, 
Commentary .06(v). As such, similar to other options listed pursuant to 
Rule 915, the Crypto Assets should all be subject to the position 
limits set forth in Commentary .07 to Rule 904 and the corresponding 
exercise limits set forth in Rule 905. Also, the Crypto Assets should 
not be restricted from trading as FLEX Options. To effectuate these 
changes, the Exchange proposes the following changes.
Position Limits
    The Exchange proposes to remove the 25,000 position and exercise 
limit restrictions for Fidelity Wise Origin Bitcoin Fund, ARK21Shares 
Bitcoin ETF, Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini 
Trust ETF, Bitwise Ethereum ETF, iShares Ethereum Trust ETF, and 
Fidelity Ethereum Fund from Rule 904, Commentary .07(f). Position 
limits for these products will be determined in accordance with Rule 
904, Commentary .07. Additionally, the Exchange proposes to remove the 
following rule text Rule 906G(b)(iv):

    Position limits for FLEX Equity Options on GBTC, BTC, BITB, and 
IBIT will be aggregated with non-FLEX positions on the same 
underlying ETF for the purpose of calculating position and exercise 
limits as set forth in Rules 904 and 905.

    A conforming change will be made to the first sentence of Rule 
906G(b), which currently references ``paragraphs (i)-(iv) below.''
    Similar to all other options, FLEX Equity Options on the iShares 
Bitcoin Trust ETF, the Grayscale Bitcoin Trust, the Grayscale Bitcoin 
Mini Trust BTC, and the Bitwise Bitcoin ETF would no longer be 
aggregated with positions on the same non-FLEX underlying ETF for the 
purpose of calculating the position limits set forth in Commentary .07 
to Rule 904, and the exercise limits set forth in Rule 905. The 
Exchange notes that similar to all other options, the Grayscale Bitcoin 
Trust, the Grayscale Bitcoin Mini Trust BTC, and the Bitwise Bitcoin 
ETF would not be subject to positions limits for FLEX Equity Options 
that are physically settled.\21\
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    \21\ As of February 1, 2026, the iShares Bitcoin Trust ETF is 
eligible to have cash as a settlement term. See https://www.nyse.com/publicdocs/nyse/products/options/NYSE_Cash_Settled_FLEX_ETF_Options.pdf.
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FLEX Options
    Currently, pursuant to Rule 903G(a)(1), the Exchange may approve 
and open for trading any FLEX Index Options series or FLEX Equity 
Options series on any index or equity security that is eligible for 
Non-FLEX Options trading under Rule 901C, with respect to indexes, or 
Rule 915 (except those set forth in Commentary .10(a) to Rule 915 other 
than the Grayscale Bitcoin Trust, the Grayscale Bitcoin Mini Trust, the 
Bitwise Bitcoin ETF, and the iShares Bitcoin Trust),\22\ with respect 
to equities, and that has Non-FLEX Options on such index or equity 
security listed and traded on at least one national securities 
exchange, even if the Exchange does not list and trade Non-FLEX Options 
on such index or equity security.
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    \22\ Commentary .10(a) to Rule 915 provides that the ``Exchange 
may list and trade options on shares of the Grayscale Bitcoin Trust 
(BTC) (symbol: GBTC), the Grayscale Bitcoin Mini Trust (BTC) 
(symbol: BTC), the Bitwise Bitcoin ETF (symbol: BITB), the iShares 
Bitcoin Trust (symbol: IBIT), the Fidelity Wise Origin Bitcoin Fund 
(symbol: FBTC), the ARK21Shares Bitcoin ETF (symbol: ARKB), the 
Grayscale Ethereum Trust ETF (symbol: ETHE), the Grayscale Ethereum 
Mini Trust ETF (symbol: ETH), the Bitwise Ethereum ETF (symbol: 
ETHW), the iShares Ethereum Trust ETF (symbol: ETHA), and the 
Fidelity Ethereum Fund (symbol: FETH), pursuant to Rules 915 and 
916.''
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    For the avoidance of doubt, to permit all the Crypto Assets to 
trade as FLEX options, the Exchange proposes to remove the following 
text from Rule 903G(a)(1): ``(except those set forth in Commentary 
.10(a) to Rule 915 other than GBTC, BTC, BITB, and IBIT)''. With this 
proposal, the Crypto Assets that qualify to be listed pursuant to Rule 
915, Commentary .06(v) would be treated similar to all other options 
for purposes of position and exercise limits and FLEX Option trading.
2. Statutory Basis
    The Exchange believes that the proposal is consistent with the 
requirements of Section 6(b) of the Act,\23\ in general, and Section 
6(b)(5) of the Act,\24\ in particular, in that it is designed to 
prevent fraudulent and manipulative acts and practices, to promote just 
and equitable principles of trade, to foster cooperation and 
coordination with persons engaged in facilitating transactions in 
securities, to remove impediments to and perfect the mechanism of a 
free and open market and a national market system, and, in general to 
protect investors and the public interest. Additionally, the Exchange 
believes the proposed rule change is consistent with the Section 
6(b)(5) \25\ requirement that the rules of an exchange not be designed 
to permit unfair discrimination between customers, issuers, brokers, or 
dealers.
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    \23\ 15 U.S.C. 78f(b).
    \24\ 15 U.S.C. 78f(b)(5).
    \25\ Id.
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    The Exchange believes that proposal to permit the Crypto Assets, 
which qualify for listing pursuant to Rule 915, Commentary .06(v) to be 
subject to the position limits set forth in Rule 904, Commentary .07, 
and subject to the corresponding exercise limits set forth in Rule 905 
similar to all other options is consistent with the Act as this 
treatment promotes just and equitable principles of trade. Further, the 
Exchange's proposal to permit the Crypto Assets, which qualify for 
listing pursuant to Rule 915, Commentary .06(v) to trade as FLEX 
Options similar to all other options is consistent with the Act insofar 
as this treatment promotes just and equitable principles of trade.

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 intra-market competition because the Crypto Assets 
that qualify to be listed on the Exchange would be treated similar to 
all other options for purposes of position and exercise limits and FLEX 
Option trading. The Exchange does not believe that the proposed rule 
change will impose any burden on inter-market competition as the 
proposal is not competitive in nature. The Exchange expects that all 
option exchanges will adopt substantively similar proposals, such that 
the Exchange's proposal would benefit competition. For the foregoing 
reasons, 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.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants, or Others

    No written comments were solicited or received with respect to the 
proposed rule change.

[[Page 13873]]

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    Because the foregoing proposed rule change does not: (i) 
significantly affect the protection of investors or the public 
interest; (ii) impose any significant burden on competition; and (iii) 
become operative for 30 days from the date on which it was filed, or 
such shorter time as the Commission may designate, if consistent with 
the protection of investors and public interest, it has become 
effective pursuant to Section 19(b)(3)(A)(iii) of the Act \26\ and 
subparagraph (f)(6) of Rule 19b-4 thereunder.\27\
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    \26\ 15 U.S.C. 78s(b)(3)(A)(iii).
    \27\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6) 
requires a self-regulatory organization to give the Commission 
written notice of its intent to file the proposed rule change at 
least five business days prior to the date of filing of the proposed 
rule change, or such shorter time as designated by the Commission. 
The Exchange has satisfied this requirement.
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    A proposed rule change filed under Rule 19b-4(f)(6) \28\ normally 
does not become operative prior to 30 days after the date of the 
filing. However, pursuant to Rule 19b-4(f)(6)(iii),\29\ the Commission 
may designate a shorter time if such action is consistent with 
protection of investors and the public interest. The Exchange has asked 
the Commission to waive the 30-day operative delay so that the proposed 
rule change may become operative immediately upon filing. The 
Commission believes that waiving 30-day operative delay is consistent 
with the protection of investors and the public interest because the 
proposal aligns the rule text relating to options on the Crypto Assets 
with the rule text of other exchanges and does not introduce any novel 
regulatory issues.\30\ Accordingly, the Commission designates the 
proposed rule change to be operative upon filing.\31\
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    \28\ 17 CFR 240.19b-4(f)(6).
    \29\ 17 CFR 240.19b-4(f)(6)(iii).
    \30\ See supra notes 4-6.
    \31\ For purposes only of waiving the 30-day operative delay, 
the Commission also has considered the proposed rule's impact on 
efficiency, competition, and capital formation. See 15 U.S.C. 
78c(f).
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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 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

     Use the Commission's internet comment form (https://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include 
file number SR-NYSEAMER-2026-18 on the subject line.

Paper Comments

     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-NYSEAMER-2026-18. 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 (https://www.sec.gov/rules/sro.shtml). 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-NYSEAMER-2026-18 and should be submitted 
on or before April 13, 2026.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\32\
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    \32\ 17 CFR 200.30-3(a)(12), (59).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2026-05554 Filed 3-20-26; 8:45 am]
BILLING CODE 8011-01-P