On October 28, NYSE Arca, Inc. filed proposed rule changes with the Securities and Exchange Commission to amend NYSE Arca Options Rule 11.19, which addresses anti-money laundering compliance programs (AMLCPs). The proposed amendments clarify that each Options Trading Permit (OTP) Holder and OTP Firm (including those for which NYSE Arca is not the Designated Examining Authority) must conduct independent testing of its AMLCP on at least an annual basis and more frequently if circumstances warrant. The amendments also establish certain qualifications of the person designated to perform AMLCP testing, such as having a working knowledge of applicable Bank Secrecy Act requirements and related regulations, and provide guidelines for establishing the independence of the person performing the test.