Alerts

FINRA received approval to amend FINRA Rules 12500 and 12501 of the Code of Arbitration Procedure for Customer Disputes (Customer Code) and FINRA Rules 13500 and 13501 of the Code of Arbitration Procedure for Industry Disputes (Industry Code and together, Codes), to charge a $100 per-arbitrator fee to parties who request cancellation of a prehearing conference within three business days before a scheduled prehearing conference. The approved rule change also amends FINRA Rules 12214(a) and 13214(a) of the Codes to create a $100 honorarium to pay each arbitrator scheduled to attend a prehearing conference that was cancelled within three business days of the prehearing conference.
 
Chapter XI of MIAX PEARL Rules incorporates by reference the rules of FINRA relating to arbitration of disputes.  MIAX PEARL is required to inform its Members of rule changes to FINRA's arbitration rules published by the Securities and Exchange Commission.
 
Please refer to MIAX PEARL Regulatory Circular 2018-27 for further information.

Please direct any questions to the Regulatory Department at (609) 897-7309 or Regulatory@MIAXOptions.com.

Depomed, Inc. (DEPO) will have a name and symbol change to Assertio Therapeutics, Inc. (ASRT), effective for Wednesday, August 15, 2018.
 
All GTC orders resting on the MIAX order books in DEPO will be canceled at the close of business on Tuesday, August 14, 2018.

NOTE: ASRT options will trade on Cloud 1 on MIAX Options and on MIAX PEARL.

Additional details about the Depomed, Inc. (DEPO) name and symbol change are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Sigma Designs, Inc. (SIGM) has announced an initial liquidating distribution effective for Wednesday, August 15, 2018.  On that date, the current SIGM option class will change to SIGM1. The MIAX Options and MIAX PEARL Exchanges will not list SIGM1 options. Therefore, no options on SIGM will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Wednesday, August 15, 2018. Sigma Designs, Inc. (SIGM) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Thursday, August 16, 2018.

All GTC orders resting on the MIAX order books in SIGM will be canceled at the close of business on Tuesday, August 14, 2018.

Additional details about the Sigma Designs, Inc. (SIGM) distribution are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Juniper Pharmaceuticals, Inc. (JNP) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Wednesday, August 15, 2018.

All GTC orders resting on the MIAX order books in JNP will be canceled at the close of business on Tuesday, August 14, 2018.

Details about the Juniper Pharmaceuticals, Inc. (JNP) merger are provided in the attached OCC memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Hill International, Inc. (HIL) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Tuesday, August 14, 2018.

All GTC orders resting on the MIAX order books in HIL will be canceled at the close of business on Monday, August 13, 2018.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Shutterstock, Inc. (SSTK) has announced a Special Cash Dividend. Associated strike price adjustments will become effective on Tuesday, August 14, 2018. SSTK options will continue to trade without interruption on the MIAX Options and MIAX PEARL Exchanges.

All GTC orders resting on the MIAX order books in SSTK will be canceled at the close of business on Monday, August 13, 2018.

Additional details about the Shutterstock, Inc. (SSTK) dividend are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 

Williams Partners L.P. (WPZ) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Monday, August 13, 2018.

All GTC orders resting on the MIAX order books in WPZ will be canceled at the close of business on Friday, August 10, 2018.

Details about the Williams Partners L.P. (WPZ) merger are provided in the attached OCC memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Natural Health Trends Corporation (NHTC) has announced a Special Cash Dividend. Associated strike price adjustments will become effective on Monday, August 13, 2018. NHTC options will continue to trade without interruption on the MIAX Options and MIAX PEARL Exchanges.

All GTC orders resting on the MIAX order books in NHTC will be canceled at the close of business on Friday, August 10, 2018.

Additional details about the Natural Health Trends Corporation (NHTC) dividend are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 

Leaf Group Ltd. (LFGR) will have a symbol change to (LEAF) effective for Monday, August 13, 2018.
 
All GTC orders resting on the MIAX order books in LFGR will be canceled at the close of business on Friday, August 10, 2018.

NOTE: LEAF options will trade on Cloud 11 on MIAX Options and on Cloud 5 on MIAX PEARL.

Additional details about the Leaf Group Ltd. (LFGR) symbol change are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

PennyMac Financial Services, Inc. (PFSI) has announced a cash distribution. Associated strike price adjustments will become effective on Friday, August 10, 2018. PFSI options will continue to trade without interruption on the MIAX Options and MIAX PEARL Exchanges.

All GTC orders resting on the MIAX order books in PFSI will be canceled at the close of business on Thursday, August 9, 2018.

Additional details about the PennyMac Financial Services, Inc. (PFSI) distribution are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.