{"description":"Documents matching 'Negative Option Rule'","count":10000,"total_pages":50,"next_page_url":"https://www.federalregister.gov/api/v1/documents?conditions%5Bterm%5D=Negative+Option+Rule&format=json&page=2","results":[{"title":"Revision of the Negative Option Rule, Withdrawal of the CARS Rule, Removal of the Non-Compete Rule To Conform These Rules to Federal Court Decisions","type":"Rule","abstract":"In light of Federal court decisions, the Federal Trade Commission (\"FTC\" or \"Commission\") is taking final action to conform three of its recent rules to the results ordered by the courts. First, the Commission is revising its recently amended \"Rule Concerning Recurring Subscriptions and Other Negative Option Programs\" (\"Negative Option Rule\") to recodify the text of the Negative Option Rule as it existed before the effective date of the Commission's 2024 final rule amending it. Second, the Commission is withdrawing its final rule titled \"Combating Auto Retail Scams Trade Regulation Rule\" (\"CARS Rule\"). Third, the Commission is removing its \"Non-Compete Clause Rule\" (\"Non-Compete Rule\") from the Code of Federal Regulations.","document_number":"2026-02866","html_url":"https://www.federalregister.gov/documents/2026/02/12/2026-02866/revision-of-the-negative-option-rule-withdrawal-of-the-cars-rule-removal-of-the-non-compete-rule-to","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-02-12/pdf/2026-02866.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-02866.pdf?1770817517","publication_date":"2026-02-12","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"light of Federal court decisions vacating the Commission's final <span class=\"match\">rules</span> in three of the Commission's recent rulemaking proceedings. These decisions vacated final <span class=\"match\">rules</span> revising the <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span> and promulgating the CARS <span class=\"match\">Rule</span> and the Non-Compete <span class=\"match\">Rule</span>. Each will be discussed in turn. \n A. The <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>—16 CFR Part 425 \n \n The Commission first promulgated the <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span> in 1973 pursuant to the FTC Act, 15 U.S.C. 41 \n et seq., \n finding that some <span class=\"match\">negative</span> <span class=\"match\">option</span> marketers were engaged in unfair and deceptive practices that violated"},{"title":"Rule Concerning the Use of Prenotification Negative Option Plans","type":"Proposed Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") seeks public comment on the need for amendments to the Commission's \"Rule Concerning the Use of Prenotification Negative Option Plans\" (i.e., \"Negative Option Rule\" or \"Rule\") to help consumers avoid recurring payments for products and services they did not intend to order and to allow them to cancel such payments without unwarranted obstacles.","document_number":"2026-04952","html_url":"https://www.federalregister.gov/documents/2026/03/13/2026-04952/rule-concerning-the-use-of-prenotification-negative-option-plans","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-13/pdf/2026-04952.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-04952.pdf?1773319514","publication_date":"2026-03-13","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"separately by paying a premium.\n \n III. FTC's <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span> \n \n The Commission first promulgated the <span class=\"match\">Rule</span> in 1973 pursuant to the FTC Act, 15 U.S.C. 41 \n et seq., \n after finding that some <span class=\"match\">negative</span> <span class=\"match\">option</span> marketers had committed unfair or deceptive marketing practices that violated section 5 of the Act, 15 U.S.C. 45. As discussed above, the <span class=\"match\">Rule</span> applies only to prenotification plans for the sale of goods and does not reach most modern <span class=\"match\">negative</span> <span class=\"match\">option</span> marketing.\n 5 \n \n \n \n \n 5 \n  The <span class=\"match\">Rule</span> defines “<span class=\"match\">negative</span> <span class=\"match\">option</span> plan” narrowly to apply only to prenotification"},{"title":"Negative Option Rule","type":"Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") issues final amendments to the Commission's trade regulation \"Rule Concerning Use of Prenotification Negative Option Plans,\" retitled the \"Rule Concerning Recurring Subscriptions and Other Negative Option Programs\" (\"Rule,\" \"final Rule\" or \"Negative Option Rule\"). The final Rule now applies to all negative option programs in any media. This document also contains the text of the final Rule, the Rule's Statement of Basis and Purpose (\"SBP\"), and a final regulatory analysis.","document_number":"2024-25534","html_url":"https://www.federalregister.gov/documents/2024/11/15/2024-25534/negative-option-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-11-15/pdf/2024-25534.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-25534.pdf?1731591921","publication_date":"2024-11-15","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"ACTION: \n Final <span class=\"match\">rule</span>. \n \n \n SUMMARY: \n The Federal Trade Commission (“FTC” or “Commission”) issues final amendments to the Commission's trade regulation “<span class=\"match\">Rule</span> Concerning Use of Prenotification <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans,” retitled the “<span class=\"match\">Rule</span> Concerning Recurring Subscriptions and Other <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Programs” (“<span class=\"match\">Rule</span>,” “final <span class=\"match\">Rule</span>” or “<span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>”). The final <span class=\"match\">Rule</span> now applies to all <span class=\"match\">negative</span> <span class=\"match\">option</span> programs in any media. This document also contains the text of the final <span class=\"match\">Rule</span>, the <span class=\"match\">Rule's</span> Statement of Basis and Purpose (“SBP”), and a final regulatory"},{"title":"Petition for Rulemaking of Central Office of Reform and Efficiency (Negative Option Rule)","type":"Proposed Rule","abstract":"Please take notice that the Federal Trade Commission (\"Commission\") received a petition for rulemaking from the Central Office of Reform and Efficiency and has published that petition online at https://www.regulations.gov. This petition requests to clarify vague terms for precise enforcement of negative option plan regulations. The Commission invites written comments concerning the petition. Publication of this petition is pursuant to the Commission's Rules of Practice and Procedure and does not affect the legal status of the petition or its final disposition.","document_number":"2025-00634","html_url":"https://www.federalregister.gov/documents/2025/01/21/2025-00634/petition-for-rulemaking-of-central-office-of-reform-and-efficiency-negative-option-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-01-21/pdf/2025-00634.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-00634.pdf?1737121513","publication_date":"2025-01-21","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"the Central Office of Reform and Efficiency and has published that petition online at \n https://www.regulations.gov. \n This petition requests to clarify vague terms for precise enforcement of <span class=\"match\">negative</span> <span class=\"match\">option</span> plan regulations. The Commission invites written comments concerning the petition. Publication of this petition is pursuant to the Commission's <span class=\"match\">Rules</span> of Practice and Procedure and does not affect the legal status of the petition or its final disposition.\n \n \n \n DATES: \n Comments must identify the petition docket number and be filed by February"},{"title":"Negative Option Rule","type":"Proposed Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") has proposed amendments to the \"Rule Concerning the Use of Prenotification Negative Option Plans,\" to be retitled the \"Rule Concerning Subscriptions and Other Negative Option Plans\" (\"Negative Option Rule\" or \"Rule\"). The proposed changes are calculated to combat unfair or deceptive business practices, including recurring charges for products or services consumers do not want and cannot cancel without undue difficulty. In response to the notice of proposed rulemaking, several commenters requested an informal hearing. The informal hearing will be conducted virtually on January 16, 2024, at 10 a.m. Eastern, and the Commission's Chief Presiding Officer, the Chair, has appointed Administrative Law Judge for the Securities and Exchange Commission, the Honorable Carol Fox Foelak, to serve as the presiding officer of the informal hearing.","document_number":"2023-26946","html_url":"https://www.federalregister.gov/documents/2023/12/08/2023-26946/negative-option-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-12-08/pdf/2023-26946.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-26946.pdf?1701956726","publication_date":"2023-12-08","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"list of Hearing Participants; requests for submissions from Hearing Participants. \n \n \n SUMMARY: \n The Federal Trade Commission (“FTC” or “Commission”) has proposed amendments to the “<span class=\"match\">Rule</span> Concerning the Use of Prenotification <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans,” to be retitled the “<span class=\"match\">Rule</span> Concerning Subscriptions and Other <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans” (“<span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>” or “<span class=\"match\">Rule</span>”). The proposed changes are calculated to combat unfair or deceptive business practices, including recurring charges for products or services consumers do not want and cannot cancel without"},{"title":"Regulatory Agenda","type":"Notice","abstract":"The Federal Trade Commission (FTC or Commission) is publishing its regulatory agenda in accordance with section 22(d)(1) of the Federal Trade Commission Act, 15 U.S.C. 57b-3(d)(1) and the Regulatory Flexibility Act (RFA), 5 U.S.C. 601 to 612, as amended by the Small Business Regulatory Enforcement Fairness Act. The Commission's agenda follows guidelines and procedures issued September 15, 2025, by the Office of Management and Budget in accordance with the provisions of Executive Order 12866, \"Regulatory Planning and Review,\" 58 FR 51735 (Oct. 4, 1993) and Executive Order 14192, \"Unleashing Prosperity Through Deregulation,\" 90 FR 9065 (Feb. 6, 2025). The Government-wide Unified Agenda of Federal Regulatory and Deregulatory Actions includes a list of all regulatory actions under development or review and is scheduled for publication in its entirety on www.reginfo.gov and www.regulations.gov in a format that offers users a greatly enhanced ability to obtain information from the agenda database. The RFA requires publication in the Federal Register of agenda entries for rules that are likely to have a significant impact on a substantial number of small entities (5 U.S.C. 602) and any such rules that the agency has identified for periodic review under section 610 of the RFA. For the 2026 agenda, the Commission has no rule that meets the RFA's publication requirements. The Commission has identified rulemakings that are likely to have some impact on small entities, but do not meet the RFA's publication requirements. The current rulemakings that are likely to have some impact on small entities are: (1) the Energy Labeling Rule, 16 CFR 305; (2) the Alternative Fuel Rule, 16 CFR 309; (3) the removal of the vacated 2024 amendments to the Negative Option Rule, 16 CFR 425; (4) the Cooling-Off Rule, 16 CFR 429; (5) the Amplifier Rule, 16 CFR 432; (6) the Business Opportunity Rule, 16 CFR 437; (7) the Impersonation Rule, 16 CFR 461; (8) the withdrawal of the final rule for the vacated Combating Auto Retail Scams Rule (16 CFR 463); (9) the proposed Earnings Claims Trade Regulation Rule, to be codified at 16 CFR 462; (10) Unfair or Deceptive Fees Trade Regulation Rule, 16 CFR 464; and (11) the removal of the vacated Non-Compete Clause Rule from 16 CFR 910. The Commission's rulemaking review process carefully considers regulatory burdens and streamlines rules when feasible and appropriate. The majority of the rulemakings listed in the agenda are being conducted as part of the Commission's systematic review of all of its regulations and guides on a rotating basis. Under the Commission's program, rules are reviewed on a 10-year schedule. In each rule review, the Commission requests public comments on, among other things, the economic impact and benefits of the rule; possible conflict between the rule and state, local, or other federal laws or regulations; and the effect on the rule of any technological, economic, or other industry changes. These reviews incorporate and expand upon the review required by the RFA and regulatory reform initiatives directing agencies to conduct a review of all regulations and eliminate or revise those that are outdated or otherwise in need of reform. Except for notice of completed actions, the information in this agenda represents the judgment of Commission staff, based upon information now available. Each projected date of action reflects FTC staff's assessment that the specified event will occur this year. No final determination by the staff or the Commission respecting the need for or the substance of a rule should be inferred from the notation of projected events in this agenda. In most instances, the dates of future events are listed by month, not by a specific day. The information in this agenda may change as new information, changes of circumstances, or changes in the law occur.","document_number":"2026-16617","html_url":"https://www.federalregister.gov/documents/2026/08/14/2026-16617/regulatory-agenda","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-08-14/pdf/2026-16617.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-16617.pdf?1786625116","publication_date":"2026-08-14","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"small entities are: (1) the Energy Labeling <span class=\"match\">Rule</span>, 16 CFR 305; (2) the Alternative Fuel <span class=\"match\">Rule</span>, 16 CFR 309; (3) the removal of the vacated 2024 amendments to the <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>, 16 CFR 425; (4) the Cooling-Off <span class=\"match\">Rule</span>, 16 CFR 429; (5) the Amplifier <span class=\"match\">Rule</span>, 16 CFR 432; (6) the Business Opportunity <span class=\"match\">Rule</span>, 16 CFR 437; (7) the Impersonation <span class=\"match\">Rule</span>, 16 CFR 461; (8) the withdrawal of the final <span class=\"match\">rule</span> for the vacated Combating Auto Retail Scams <span class=\"match\">Rule</span> (16 CFR 463); (9) the proposed Earnings Claims Trade Regulation <span class=\"match\">Rule</span>, to be codified at 16 CFR 462; (10) Unfair"},{"title":"Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension","type":"Notice","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") requests that the Office of Management and Budget (\"OMB\") extend for an additional three years the current Paperwork Reduction Act (\"PRA\") clearance for information collection requirements contained in the FTC's Use of Prenotification Negative Option Plans (\"Negative Option Rule\" or \"Rule\"). That clearance expires on January 31, 2024.","document_number":"2023-28899","html_url":"https://www.federalregister.gov/documents/2024/01/03/2023-28899/agency-information-collection-activities-submission-for-omb-review-comment-request-extension","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-01-03/pdf/2023-28899.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-28899.pdf?1704203121","publication_date":"2024-01-03","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"\n Title of Collection: \n Use of Prenotification <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans (<span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span> or <span class=\"match\">Rule</span>), 16 CFR part 425.\n 1 \n \n \n \n \n 1 \n  The Commission recently published a Notice of Proposed Rulemaking seeking comment on proposed amendments to the Commission's <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>. 88 FR 24716 (Apr. 24, 2023). The present PRA Notice is not part of that proceeding and merely seeks comment on the existing burden estimates for the current <span class=\"match\">Rule</span>, which applies only to “prenotification” <span class=\"match\">negative</span> <span class=\"match\">option</span> plans.\n \n \n \n OMB Control Number: \n 3084-0104.\n"},{"title":"Negative Option Rule","type":"Proposed Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") seeks public comment on proposed amendments to the Commission's Negative Option Rule (or \"Rule\") to combat unfair or deceptive practices that include recurring charges for products or services consumers do not want and cannot cancel without undue difficulty.","document_number":"2023-07035","html_url":"https://www.federalregister.gov/documents/2023/04/24/2023-07035/negative-option-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-04-24/pdf/2023-07035.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-07035.pdf?1682081114","publication_date":"2023-04-24","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"Commission first promulgated the <span class=\"match\">Rule</span> in 1973 pursuant to the FTC Act, 15 U.S.C. 41 \n et seq., \n finding some <span class=\"match\">negative</span> <span class=\"match\">option</span> marketers committed unfair and deceptive practices that violated Section 5 of the Act, 15 U.S.C. 45. The <span class=\"match\">Rule</span> applies only to prenotification plans for the sale of goods, and therefore, does not reach most modern <span class=\"match\">negative</span> <span class=\"match\">option</span> marketing.\n 3 \n \n \n \n \n 3 \n  The <span class=\"match\">Rule</span> defines “<span class=\"match\">negative</span> <span class=\"match\">option</span> plan” narrowly to apply only to prenotification plans. 16 CFR 425.1(c)(1). In 1998, the Commission clarified the <span class=\"match\">Rule's</span> application to such plans"},{"title":"Semiannual Regulatory Agenda","type":"Notice","abstract":"The Federal Trade Commission (FTC or Commission) is publishing its semiannual regulatory agenda in accordance with section 22(d)(1) of the Federal Trade Commission Act, 15 U.S.C. 57b-3(d)(1) and the Regulatory Flexibility Act (RFA), 5 U.S.C. 601 to 612, as amended by the Small Business Regulatory Enforcement Fairness Act.","document_number":"2025-18319","html_url":"https://www.federalregister.gov/documents/2025/09/22/2025-18319/semiannual-regulatory-agenda","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-09-22/pdf/2025-18319.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-18319.pdf?1758285917","publication_date":"2025-09-22","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"Labeling <span class=\"match\">Rule</span>, 16 CFR 305; (2) the Alternative Fuels <span class=\"match\">Rule</span>, 16 CFR 309; (3) the Telemarketing Sales <span class=\"match\">Rule</span>, 16 CFR 310; (4) the Children's Online Privacy Protection <span class=\"match\">Rule</span>, 16 CFR 312; (5) the <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>, 16 CFR 425; (6) the Cooling-Off <span class=\"match\">Rule</span>, 16 CFR 429; (7) the Franchise <span class=\"match\">Rule</span>, 16 CFR 436; (8) the Business Opportunity <span class=\"match\">Rule</span>, 16 CFR 437; (9) the Funeral <span class=\"match\">Rule</span>, 16 CFR 453; (10) the Trade Regulation <span class=\"match\">Rule</span> on Impersonation of Government and Businesses, 16 CFR 461; (11) the Identity Theft <span class=\"match\">Rules</span>, 16 CFR 681; (12) the proposed Trade Regulation <span class=\"match\">Rule</span> on Earnings"},{"title":"Agency Information Collection Activities; Proposed Collection; Comment Request; Extension","type":"Notice","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") is seeking public comments on its proposal to extend for an additional three years the current Paperwork Reduction Act (\"PRA\") clearance for information collection requirements contained in the FTC's trade regulation rule entitled \"Use of Prenotification Negative Option Plans\" (\"Negative Option Rule\" or \"Rule\"). That clearance expires on January 31, 2024.","document_number":"2023-18769","html_url":"https://www.federalregister.gov/documents/2023/08/30/2023-18769/agency-information-collection-activities-proposed-collection-comment-request-extension","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-08-30/pdf/2023-18769.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-18769.pdf?1693313155","publication_date":"2023-08-30","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"INFORMATION: \n \n \n Title: \n Use of Prenotification <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans (<span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span> or <span class=\"match\">Rule</span>), 16 CFR part 425.\n 1 \n \n \n \n \n 1 \n  The Commission recently published a Notice of Proposed Rulemaking seeking comment on proposed amendments to the Commission's <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>. 88 FR 24716 (Apr. 24, 2023). The present PRA Notice is not part of that proceeding and merely seeks comment on the existing burden estimates for the current <span class=\"match\">Rule</span>, which applies only to “prenotification” <span class=\"match\">negative</span> <span class=\"match\">option</span> plans.\n \n \n \n OMB Control Number: \n 3084-0104.\n"},{"title":"Semiannual Regulatory Agenda","type":"Proposed Rule","abstract":"The Federal Trade Commission (FTC or Commission) is publishing its semiannual regulatory agenda in accordance with section 22(d)(1) of the Federal Trade Commission Act, 15 U.S.C. 57b-3(d)(1) and the Regulatory Flexibility Act (RFA), 5 U.S.C. 601 to 612, as amended by the Small Business Regulatory Enforcement Fairness Act. The Commission's agenda follows guidelines and procedures issued February 20, 2024, by the Office of Management and Budget in accordance with the provisions of Executive Order 12866, \"Regulatory Planning and Review,\" of September 30, 1993, 58 FR 51735 (Oct. 4, 1993). The Government-wide Unified Agenda of Federal Regulatory and Deregulatory Actions includes a list of all regulatory actions under development or review and is scheduled for publication in its entirety on www.reginfo.gov and www.regulations.gov in a format that offers users a greatly enhanced ability to obtain information from the agenda database. The RFA requires publication in the Federal Register of agenda entries for rules that are likely to have a significant impact on a substantial number of small entities (5 U.S.C. 602) and any such rules that the agency has identified for periodic review under section 610 of the RFA. For spring 2024, the Commission has one rule, the newly issued Non-Compete Clause Rule which will be codified at 16 CFR 910, that meets the RFA's publication requirements. In addition, the Commission has three rules or rulemakings that would be a \"significant regulatory action\" under the definition in Executive Order 12866: the proposed amendments to the Premerger Notification Rules and Report Form, found at 16 CFR 801-803 and relating to substantive HSR form changes, including implementing congressionally-mandated reporting requirements on foreign subsidies; the recently promulgated Combating Auto Retail Scams Trade Regulation Rule, which will be codified at 16 CFR 463; and the newly issued Non-Compete Clause Rule, which will be codified at 16 CFR 910. The Commission has identified rulemakings that are likely to have some impact on small entities, but do not meet the RFA's publication requirements. The current rulemakings that are likely to have some impact on small entities are: (1) the Energy Labeling Rule, 16 CFR 305; (2) the Alternative Fuels Rule, 16 CFR 309; (3) the Telemarketing Sales Rule, 16 CFR 310; (3) the Children's Online Privacy Protection Rule, 16 CFR 312; (4) the Safeguards Rule, 16 CFR 314; (5) the Health Breach Notification Rule, 16 CFR 318; (6) the Care Labeling Rule, 16 CFR 423; (7) the Negative Option Rule, 16 CFR 425; (8) the Cooling-Off Rule, 16 CFR 429; (9) the Amplifier Rule, 16 CFR 432; (10) the Franchise Rule, 16 CFR 436; (11) the Business Opportunity Rule, 16 CFR 437; (12) the Funeral Rule, 16 CFR 453; (13) the Eyeglass Rule, 16 CFR 456; (14) the newly promulgated Trade Regulation Rule on Impersonation of Government and Businesses 16 CFR 461; (15) the newly promulgated Combating Auto Retail Scams Trade Regulation Rule, 16 CFR 463; (16) the Identity Theft Rules, 16 CFR 681; (17) the newly issued Non-Compete Clause Rule, to be codified at 16 CFR 910; (18) the newly proposed Trade Regulation Rule on Earnings Claims; (19) the potential Trade Regulation Rule on Commercial Surveillance; (20) the newly proposed Trade Regulation Rule Concerning Reviews and Endorsements; and (21) the newly proposed Trade Regulation Rule on Unfair and Deceptive Fees. The Commission's rulemaking review process carefully considers regulatory burdens and streamlines rules when feasible and appropriate. The majority of the rulemakings listed in the agenda are being conducted as part of the Commission's systematic review of all of its regulations and guides on a rotating basis. Under the Commission's program, rules are reviewed on a 10-year schedule. In each rule review, the Commission requests public comments on, among other things, the economic impact and benefits of the rule; possible conflict between the rule and state, local, or other federal laws or regulations; and the effect on the rule of any technological, economic, or other industry changes. These reviews incorporate and expand upon the review required by the RFA and regulatory reform initiatives directing agencies to conduct a review of all regulations and eliminate or revise those that are outdated or otherwise in need of reform. Except for notice of completed actions, the information in this agenda represents the judgment of Commission staff, based upon information now available. Each projected date of action reflects FTC staff's assessment that the specified event will occur this year. No final determination by the staff or the Commission respecting the need for or the substance of a rule should be inferred from the notation of projected events in this agenda. In most instances, the dates of future events are listed by month, not by a specific day. The information in this agenda may change as new information, changes of circumstances, or changes in the law occur.","document_number":"2024-16468","html_url":"https://www.federalregister.gov/documents/2024/08/16/2024-16468/semiannual-regulatory-agenda","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-08-16/pdf/2024-16468.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-16468.pdf?1723725923","publication_date":"2024-08-16","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"Energy Labeling <span class=\"match\">Rule</span>, 16 CFR 305; (2) the Alternative Fuels <span class=\"match\">Rule</span>, 16 CFR 309; (3) the Telemarketing Sales <span class=\"match\">Rule</span>, 16 CFR 310; (3) the Children's Online Privacy Protection <span class=\"match\">Rule</span>, 16 CFR 312; (4) the Safeguards <span class=\"match\">Rule</span>, 16 CFR 314; (5) the Health Breach Notification <span class=\"match\">Rule</span>, 16 CFR 318; (6) the Care Labeling <span class=\"match\">Rule</span>, 16 CFR 423; (7) the <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>, 16 CFR 425; (8) the Cooling-Off <span class=\"match\">Rule</span>, 16 CFR 429; (9) the Amplifier <span class=\"match\">Rule</span>, 16 CFR 432; (10) the Franchise <span class=\"match\">Rule</span>, 16 CFR 436; (11) the Business Opportunity <span class=\"match\">Rule</span>, 16 CFR 437; (12) the Funeral <span class=\"match\">Rule</span>, 16 CFR 453; (13)"},{"title":"Telemarketing Sales Rule","type":"Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") adopts amendments to the Telemarketing Sales Rule (\"TSR\" or \"Rule\") that extend the Rule's applicability to inbound telemarketing calls in response to an advertisement through any medium or direct mail solicitation in which technical support products or services are offered for sale.","document_number":"2024-28399","html_url":"https://www.federalregister.gov/documents/2024/12/10/2024-28399/telemarketing-sales-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-12-10/pdf/2024-28399.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-28399.pdf?1733751920","publication_date":"2024-12-10","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"Melissa Holyoak, Joined by Commissioner Andrew N. Ferguson, \n In re the Non-Compete Clause <span class=\"match\">Rule</span>, \n Matter No. P201200 (June 28, 2024), \n https://www.ftc.gov/system/files/ftc_gov/pdf/2024-6-28-commissioner-holyoak-nc.pdf. \n \n \n \n \n 8 \n  \n See, e.g., \n Dissenting Statement of Commissioner Melissa Holyoak, \n <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>, \n FTC Matter No. P064202 (Oct. 16, 2024), \n https://www.ftc.gov/system/files/ftc_gov/pdf/holyoak-dissenting-statement-re-<span class=\"match\">negative</span>-<span class=\"match\">option</span>-rule.pdf; \n Dissenting Statement of Commissioner Melissa Holyoak, \n In re Pharmacy Benefit"},{"title":"Regulatory Review Schedule","type":"Rule","abstract":"As part of its ongoing, systematic review of all Federal Trade Commission rules and guides, the Commission announces an updated ten- year regulatory review schedule. No Commission determination on the need for, or the substance of, the rules and guides listed below should be inferred from this notification.","document_number":"2023-26064","html_url":"https://www.federalregister.gov/documents/2023/11/30/2023-26064/regulatory-review-schedule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-11-30/pdf/2023-26064.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-26064.pdf?1701265516","publication_date":"2023-11-30","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"for the Use of Environmental Marketing Claims \n Currently Under Review. \n \n \n 310 \n Telemarketing Sales <span class=\"match\">Rule</span> \n Currently Under Review. \n \n \n 312 \n Children's Online Privacy Protection <span class=\"match\">Rule</span> \n Currently Under Review. \n \n \n 314 \n Standards for Safeguarding Customer Information \n Currently Under Review. \n \n \n 318 \n Health Breach Notification <span class=\"match\">Rule</span> \n Currently Under Review. \n \n \n 425 \n Use of Prenotification <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans [<span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>] \n Currently Under Review. \n \n \n 432 \n Power Output Claims for Amplifiers Utilized in Home Entertainment"},{"title":"Trade Regulation Rule on Unfair or Deceptive Fees","type":"Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") is issuing a final trade regulation rule entitled \"Rule on Unfair or Deceptive Fees\" (\"rule\" or \"final rule\") and Statement of Basis and Purpose addressing certain unfair or deceptive practices involving fees or charges for live-event tickets and short-term lodging: bait- and-switch pricing that hides the total price by omitting mandatory fees and charges from advertised prices; and misrepresenting the nature, purpose, amount, and refundability of fees or charges. The final rule specifies that it is an unfair and deceptive practice for businesses to offer, display, or advertise any price of live-event tickets or short-term lodging without clearly, conspicuously and prominently disclosing the total price. The rule also requires businesses to clearly and conspicuously make certain disclosures before a consumer consents to pay. The rule further specifies that it is an unfair and deceptive practice for businesses to misrepresent any fee or charge in any offer, display, or advertisement for live-event tickets or short-term lodging.","document_number":"2024-30293","html_url":"https://www.federalregister.gov/documents/2025/01/10/2024-30293/trade-regulation-rule-on-unfair-or-deceptive-fees","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-01-10/pdf/2024-30293.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-30293.pdf?1736343916","publication_date":"2025-01-10","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"mail, Internet, or Telephone Order Merchandise <span class=\"match\">Rule</span> (the “Mail Order <span class=\"match\">Rule</span>”), the <span class=\"match\">Rule</span> on the Use of Prenotification <span class=\"match\">Negative</span> <span class=\"match\">Option</span> Plans (the “<span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span>”), the <span class=\"match\">Rule</span> on Impersonation of Government and Businesses (the “Impersonator <span class=\"match\">Rule</span>”), and the <span class=\"match\">Rule</span> on the Use of Consumer Reviews and Testimonials.\n 103 \n \n While the Commission agrees that minimal evidence of a practice would be insufficient to meet the prevalence standard, section 18 did not require the Commission to find for its economy-wide rulemakings that every industry engaged in"},{"title":"Air Plan Approval; Connecticut; Revision to the State Implementation Plan for Inclusion of Consent Order No. 8383-Algonquin Gas Transmission, LLC and Negative Declaration for Rubber Tire Manufacturing Sources","type":"Proposed Rule","abstract":"The Environmental Protection Agency (EPA) is proposing to approve a State Implementation Plan (SIP) revision submitted by Connecticut (CT) to address certain Federal requirements for the 2008 and 2015 8-hour ozone National Ambient Air Quality Standard (NAAQS) under the Clean Air Act (CAA). Specifically, the EPA is proposing to approve a source-specific SIP revision for Algonquin Gas Transmission, LLC's compressor station facility, located in Cromwell, CT, to address reasonably available control technology (RACT) determinations for major stationary sources of volatile organic compounds (VOC). These RACT determinations are required because the source is located in the New York-Northern New Jersey-Long Island, NY-NJ-CT 2008 ozone Severe nonattainment area and 2015 ozone serious nonattainment area. The State of Connecticut is also located in the Ozone Transport Region (OTR). Section 172 of the CAA outlines the general nonattainment plan provisions and CAA section 182 requires additional plan requirements for ozone nonattainment areas based on classification status. Additionally, if a state is in the OTR, it is subject to requirements under CAA section 184, which include implementing RACT requirements statewide. The EPA is also proposing to approve a negative declaration for existing rubber tire manufacturing sources statewide. The EPA is proposing to approve the State's submission as a SIP revision pursuant to sections 110, 172, 182, 184 and part D of the CAA and EPA's regulations.","document_number":"2026-04991","html_url":"https://www.federalregister.gov/documents/2026/03/13/2026-04991/air-plan-approval-connecticut-revision-to-the-state-implementation-plan-for-inclusion-of-consent","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-13/pdf/2026-04991.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-04991.pdf?1773319518","publication_date":"2026-03-13","agencies":[{"raw_name":"ENVIRONMENTAL PROTECTION AGENCY","name":"Environmental Protection Agency","id":145,"url":"https://www.federalregister.gov/agencies/environmental-protection-agency","json_url":"https://www.federalregister.gov/api/v1/agencies/145","parent_id":null,"slug":"environmental-protection-agency"}],"excerpts":"effect.\n 36 \n \n As an alternative compliance <span class=\"match\">option</span>, consistent with the 2016 NSPS, Consent Order No. 8383 provides the <span class=\"match\">option</span> for Algonquin to maintain the actual uncontrolled VOC emissions of each affected storage vessel at a rate less than 4 tpy, as determined monthly.\n 37 \n \n This compliance <span class=\"match\">option</span> may be exercised only if Algonquin demonstrates that actual uncontrolled VOC emissions have remained less than 4 tpy, as determined monthly, for the 12 consecutive months prior to exercising this compliance <span class=\"match\">option</span>.\n 38 \n \n After making such demonstration"},{"title":"Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend its Rules To Permit the Listing of Binary Options Overlying Key Performance Indicators (“KPIs”) Reported by Certain Issuers of Stock (“Binary KPI Options”)","type":"Notice","abstract":null,"document_number":"2026-14201","html_url":"https://www.federalregister.gov/documents/2026/07/15/2026-14201/self-regulatory-organizations-cboe-exchange-inc-notice-of-filing-of-a-proposed-rule-change-to-amend","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-07-15/pdf/2026-14201.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-14201.pdf?1784033113","publication_date":"2026-07-15","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"the <span class=\"match\">rule</span> changes within that filing are not timely approved, the Exchange will update this filing accordingly.\n \n \n First, the Exchange proposes to adopt Chater [sic] 4, Section I (Binary KPI <span class=\"match\">Options</span>) to describe binary KPI <span class=\"match\">options</span>. The <span class=\"match\">Rules</span> in proposed Chapter 4, Section I apply only to binary KPI <span class=\"match\">options</span>. All other <span class=\"match\">Rules</span> apply to the trading of binary KPI <span class=\"match\">options</span>, except as otherwise provided or the context otherwise requires. \n \n The Exchange proposes to adopt <span class=\"match\">Rule</span> 4.80 (Definitions). Like other standardized <span class=\"match\">options</span>, binary KPI <span class=\"match\">options</span> have"},{"title":"Telemarketing Sales Rule","type":"Proposed Rule","abstract":"The Federal Trade Commission (\"FTC\" or \"Commission\") proposes to amend the Telemarketing Sales Rule (\"Rule\") to extend its coverage to inbound telemarketing calls by consumers to technical support services--i.e., calls that consumers make in response to an advertisement through any medium or to a direct mail solicitation. The proposed amendment is necessary in light of the widespread deception and consumer injury caused by tech support scams. The amendment would provide the Commission with the ability to obtain stronger relief in cases involving tech support scams, including civil penalties and consumer redress.","document_number":"2024-07182","html_url":"https://www.federalregister.gov/documents/2024/04/16/2024-07182/telemarketing-sales-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-04-16/pdf/2024-07182.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-07182.pdf?1713185115","publication_date":"2024-04-16","agencies":[{"raw_name":"FEDERAL TRADE COMMISSION","name":"Federal Trade Commission","id":192,"url":"https://www.federalregister.gov/agencies/federal-trade-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/192","parent_id":null,"slug":"federal-trade-commission"}],"excerpts":"rulemaking (“<span class=\"match\">Negative</span> <span class=\"match\">Option</span> NPRM”).\n 27 \n \n The <span class=\"match\">Negative</span> <span class=\"match\">Option</span> NPRM would apply to sales calls made by telephone. It proposes a <span class=\"match\">rule</span> that would, among other things: require a clear and conspicuous disclosure of the <span class=\"match\">negative</span> <span class=\"match\">option</span> feature and its conditions; require sellers to obtain consumers' express informed consent to the <span class=\"match\">negative</span> <span class=\"match\">option</span> transaction; and require sellers to provide a simple mechanism to cancel the <span class=\"match\">negative</span> <span class=\"match\">option</span> that is at least as easy as the method used to initiate the transactions. Because the proposed <span class=\"match\">Negative</span> <span class=\"match\">Option</span> <span class=\"match\">Rule</span> addresses"},{"title":"Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Proposed Rule Change by The Options Clearing Corporation To Amend Its System for Theoretical Analysis and Numerical Simulation Methodology Description To Incorporate Options Implied Interest Rates as an Additional Source of Interest Rates Inputs for Constructing the Interest Rate Discount Curve Used in Options Pricing.","type":"Notice","abstract":null,"document_number":"2026-12525","html_url":"https://www.federalregister.gov/documents/2026/06/23/2026-12525/self-regulatory-organizations-the-options-clearing-corporation-notice-of-filing-of-proposed-rule","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-06-23/pdf/2026-12525.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-12525.pdf?1782132309","publication_date":"2026-06-23","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"sensitive the price of an <span class=\"match\">option</span> (or an <span class=\"match\">option's</span> position) is to changes in the price of the underlying asset. “Delta-neutral,” in this context, means that the profit or loss for the strategy does not depend on the underlying asset's price, but rather on the relationship between the <span class=\"match\">options</span>' prices and the interest rate.\n \n \n \n \n 16 \n  A bull call spread is an <span class=\"match\">options</span> strategy that involves simultaneously buying a call <span class=\"match\">option</span> at a lower strike price and selling a call <span class=\"match\">option</span> at a higher strike price, with both <span class=\"match\">options</span> having the same expiration"},{"title":"Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of a Proposed Rule Change To Permit the Listing of Binary KPI Options","type":"Notice","abstract":null,"document_number":"2026-19139","html_url":"https://www.federalregister.gov/documents/2026/09/18/2026-19139/self-regulatory-organizations-nyse-arca-inc-notice-of-filing-of-a-proposed-rule-change-to-permit-the","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-09-18/pdf/2026-19139.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-19139.pdf?1789649115","publication_date":"2026-09-18","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"trading of Broad-Based Index Binary <span class=\"match\">Options</span> approved on its related <span class=\"match\">options</span> exchange NYSE American (see NYSE American <span class=\"match\">Rules</span> 18 (Broad-Based Index Binary <span class=\"match\">Options</span>\n sm \n ).\n \n \n Binary <span class=\"match\">options</span> are based on the same framework as traditional, standardized <span class=\"match\">options</span> traded on the Exchange, except the payout of a binary <span class=\"match\">option</span> is an amount contingent upon the occurrence of the <span class=\"match\">option</span> being in- or at-the-money rather than the degree to which the <span class=\"match\">option</span> is in-the-money. As a result, payout at expiration of a binary <span class=\"match\">option</span> is an all-or-nothing occurrence. \n"},{"title":"Self-Regulatory Organizations; NYSE American LLC; Notice of Filing of a Proposed Rule Change To Permit the Listing of Binary KPI Options","type":"Notice","abstract":null,"document_number":"2026-19132","html_url":"https://www.federalregister.gov/documents/2026/09/18/2026-19132/self-regulatory-organizations-nyse-american-llc-notice-of-filing-of-a-proposed-rule-change-to-permit","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-09-18/pdf/2026-19132.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-19132.pdf?1789649114","publication_date":"2026-09-18","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"excerpts":"(Broad-Based Index Binary <span class=\"match\">Options</span> \n sm \n ).\n \n \n First, similar to ByRDS and Broad-Based Index Binary <span class=\"match\">Options</span>, the Exchange proposes to adopt Section 20 (Binary KPI <span class=\"match\">Options</span>) to describe binary KPI <span class=\"match\">options</span>. The <span class=\"match\">Rules</span> in proposed Section 20 apply only to binary KPI <span class=\"match\">options</span>. All other <span class=\"match\">Rules</span> apply to the trading of binary KPI <span class=\"match\">options</span>, except as otherwise provided or the context otherwise requires. \n \n Specifically, the Exchange proposes to adopt 900KPI (Applicability, Definitions). Like other standardized <span class=\"match\">options</span>, binary KPI <span class=\"match\">options</span> have standardized terms"}]}