### LTSE Rule Book [Long-Term Stock Exchange Rule Book](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/693c57448be1e1ac2d9675f3_LTSE%20Rule%20Book%20through%20December%2012%2C%202025%20(SR-LTSE-2025-25%20and%20SR-LTSE-2025-26).pdf) ### Rules Incorporated by Reference LTSE incorporates by reference certain FINRA rules as LTSE rules. Thus, for certain LTSE rules, Exchange members will comply with an LTSE rule by complying with the FINRA rule referenced therein. LTSE will periodically provide updates where applicable when there are new proposals or approvals to amend these incorporated rules. Below are relevant updates. **FINRA Rule 1240 (LTSE Rule 2.154) - Continuing Education** Proposed Rule Change to Amend FINRA Rule 1240.01 to Provide Eligible Individuals Another Opportunity to Elect to Participate in the Maintaining Qualifications Program [Amended by SR-FINRA-2023-005 eff. March 15, 2023](https://www.finra.org/rules-guidance/rule-filings/sr-finra-2023-005) https://www.finra.org/rules-guidance/notices/information-notice-110223 https://www.finra.org/rules-guidance/notices/information-notice-071224 **FINRA Rule 2090 (LTSE Rule 3.150) - Know Your Customer** No pending or recently effective changes. **FINRA Rule 2111 (LTSE Rule 3.170) - Suitability** Proposed Rule Change to FINRA’s Suitability, Non-Cash Compensation and Capital Acquisition Broker (CAB) Rules in Response to Regulation Best Interest [Amended by SR-FINRA-2020-007 eff. June 30, 2020](https://www.finra.org/rules-guidance/rule-filings/sr-finra-2020-007) **FINRA Rule 2210 (LTSE Rule 3.280) - Communications with Customers and the Public** No pending or recently effective changes. **FINRA Rule 3130 (LTSE Rule 5.130) - Annual Certification of Compliance and Supervisory Processes** No pending or recently effective changes. ### Rule Filings #### Pending - [Amending LTSE Rule 14.602 to Extend from Four Years to Five Years the Duration of Certain Term-Limited Complimentary Products and Services LTSE-2026-09 Apr 2, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69cec09b9fd8a200b617f54f_SR-LTSE-2026-09.pdf) - [Amending Rule 14.602 to Update, Reorganize, and Adopt New Complimentary Products and Services that the Exchange Offers to Currently and Newly Listed Companies LTSE-2025-31 Amendment No. 1 Apr 9, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69d722e69314494cb593b8e4_SR-LTSE-2025-31%20A-1.pdf) #### Approved and immediately effective rule changes - [Amending LTSE Fee Schedule to Introduce the LTSE Membership Launchpad Program LTSE-2026-10 Apr 9, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69d7f8ebdbdce5783b7fa6fb_SR-LTSE-2026-10.pdf) - [Amending LTSE Fee Schedule to Modify Transaction Fees Applicable to Securities Priced Below $1.00 Effective April 1, 2026 LTSE-2026-08 Mar 31, 2026](/content/regulation/rule-filings#/index.html) - [Amending LTSE Rule 11.220 Priority of Orders to Conform with Amendments to Rules 600 and 603 of Regulation NMS Regarding Reporting and Dissemination of Odd Lot Information LTSE-2026-07 Mar 31, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69cc32afa512470ebd5213ff_SR-LTSE-2026-07.pdf) - [Amending Fee Schedule to Amend Co-Lead Incentive to Provide Temporary Enhanced Rebate for Members that Newly Qualify Beginning on or After February 1, 2026 LTSE-2026-06 Jan 30, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69802d66605c2c1bb1e9031b_SR-LTSE-2026-06.pdf) - [Amending Fee Schedule with Respect to the Co-Lead Incentive Rebates in Compliance with Rule 610(d) of Regulation NMS LTSE-2026-05 Jan 30, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69802d36180b4be8d0399dbc_SR-LTSE-2026-05.pdf) - [Amending Fee Schedule to Modify the Liquidity Incentive Program Effective January 22, 2026 LTSE-2026-02 Jan 22, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69726166648000596cf529cd_SR-LTSE-2026-02.pdf) - [Amending Fee Schedule to Modify the Liquidity Incentive Program LTSE-2026-01 Jan 12, 2026](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69656918095e30c5326c556e_SR-LTSE-2026-01.pdf) - [Amending Exchange Rules to Conform With Recent Amendment to Definition of Round Lot under Rule 600 of Regulation NMS LTSE-2025-28 Dec 17, 2025](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69430e92b68e153e2bad02ec_SR-LTSE-2025-28.pdf) - [Amending LTSE Rule 11.630 of the Exchange's CAT Compliance Rule (CAT Compliance Rule) Regarding the NMS Plan LTSE-2025-26 Dec 12, 2025](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/693c489d84d9f33018f8d2c7_SR-LTSE-2025-26.pdf) - [Amending the LTSE Fee Schedule to Adopt a Co-Lead Incentive Designed to Enhance Market Quality by Incentivizing Market Participants to Provide Liquidity and Increase Executions on the Exchange LTSE-2025-23 Nov 25, 2025](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/6925ee45c9fcfa77114f3c96_SR-LTSE-2025-23.pdf)