16 Jan 2025
💰MIAX Pearl's 2025 CAT Fee Schedule Update and Business Impact
Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the MIAX Pearl Options Fee Schedule To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for 2025
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice outlines a proposed rule change affecting financial obligations for industry members related to the Consolidated Audit Trail (CAT) costs. The introduction of a new CAT Fee in 2025 creates a compliance requirement for business owners engaged in options trading, impacting their financial planning and expense forecasting.