16 Jan 2025
💼SEC Notice on MIAX Sapphire's Proposed CAT Fee 2025 Change
Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the 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 proposed rule change involves compliance and regulatory requirements for Industry Members regarding new fees related to the Consolidated Audit Trail, impacting financial planning and operational costs for businesses in the securities sector. The change directly affects transaction costs, influencing profitability.