6 Jan 2025
💰Cboe EDGA's Proposed Rule Change for 2025 CAT Fees
Self-Regulatory Organizations; Cboe EDGA Exchange, 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 establishes a fee related to the Consolidated Audit Trail, which impacts industry members financially. Businesses will need to account for the new CAT fee of $0.000022 per executed equivalent share in their financial planning and compliance efforts, making it a significant regulatory concern.