📜SEC Seeks Comments on Proposed Rule 31 and Form R31 Extension
Proposed Collection; Comment Request; Extension: Rule 31 and Form R31
Summary
The Securities and Exchange Commission announces a request for comments on the proposed collection of information under Rule 31 and Form R31. This collection aims to assess and adjust fees from national securities exchanges based on transaction volumes, requiring monthly reporting to ensure compliance with the Securities Exchange Act. The SEC invites input on the practicality and utility of this information gathering process.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines compliance and regulatory requirements related to Rule 31 and Form R31 under the Exchange Act. This affects self-regulatory organizations (SROs) that must report their transaction volumes and regulatory fees, which translates to operational implications for businesses involved in securities exchanges.