Regulatory talks may push launch date back
Boston Options Exchange (BOX) said it does not anticipate
having to scrap its controversial price improvement period
(PIP) proposal when it submits amended regulatory filings with
Securities and Exchange Commission (SEC).
BOX plans to submit two separate filings with SEC this week
with a major filing on the way. Janice Foley, a BOX
spokesperson, told FO Week that a third submission to
SEC may come within the next week or two, and would be a major
filing regarding the amended trading rules.
"This basically is our response to our discussion with SEC
and will have changes based on our original filing from October
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