FINRA is proposing to change references in the Codes of Arbitration Procedure (‘‘Codes’’) from the Neutral List Selection System to the list selection algorithm.

Please refer to the following Regulatory Circulars for more information:

• MIAX Options RC 2022-57
• MIAX Pearl Options RC 2022-51
• MIAX Emerald Options RC 2022-53
• MIAX Pearl Equities RC 2022-10

Inquiries should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.