10 Jan 2025
💼NYSE National Proposes 2025 CAT Fees Impacting Industry Members
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change 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 proposed rule change introduces fees for Industry Members associated with the CAT costs, which will impact operational budgets for businesses involved in securities trading. Firms must adapt to these costs starting February 2025, which could affect pricing strategies and profitability.