8 Jan 2025
💰SEC Notice on BOX Exchange Fees for Consolidated Audit Trail 2025
Self-Regulatory Organizations; BOX Exchange LLC; 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 a fee system for Industry Members related to the Consolidated Audit Trail costs for 2025. This impacts business owners and executives as they must consider these additional operational costs in their budget planning. The fees are applicable to executing brokers based on their transaction volume, affecting their financial performance.