FINRA Will Provide CBOE, C2 Exchanges With Surveillance, Other Regulatory Services

The Financial Industry Regulatory Authority announced Dec. 22 that it has signed an agreement with the Chicago Board Options Exchange and C2 Options Exchange to provide them with surveillance, examinations, investigations and other regulatory services.

In a release, FINRA said its new role will begin Jan. 1.

“With this agreement, FINRA will be in a position to conduct cross-market surveillance on approximately 60 percent of the options market,” FINRA chairman and chief executive officer Richard Ketchum said in the release.

“FINRA looks forward to working with CBOE to detect and deter manipulative and abusive trading, and ensure the integrity of ...