19 Feb 2025
📈SEC Orders Review of Nasdaq's Market Data Fee Increase Proposal
In the Matter of The Nasdaq Stock Market LLC; Order Granting Petition for Review and Scheduling Filing of Statements Regarding an Order Disapproving a Proposed Rule Change To Increase Fees for Certain Market Data and Connectivity Products and To Maintain the Current Fees for Such Products if Members Meet a Minimum Average Daily Displayed Volume Threshold
Summary
The SEC issued an order regarding Nasdaq's proposed fee increases for market data and connectivity products, which faced disapproval. The order allows for petitions regarding the disapproval, indicating ongoing scrutiny of fee structures related to market data services that could influence market access and costs for businesses.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document discusses the SEC's disapproval of a Nasdaq proposal to raise market data fees, affecting operational costs for businesses relying on Nasdaq for market data. Executives need to be aware of this regulatory environment as it directly impacts financial planning and compliance.