10 Jan 2025
💼New Rule Change on CAT Fees
Self-Regulatory Organizations; New York Stock 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 new fees related to the CAT costs for industry members, directly impacting their operational expenses. The fee of $0.000022 per executed equivalent share could affect financial forecasting and profitability for businesses involved in securities transactions. This reflects a regulatory compliance requirement that business owners must be aware of for effective financial planning.