23 Jan 2025
📈Nasdaq GEMX's Proposed Rule Change for Industry Member Fees
Self-Regulatory Organizations; Nasdaq GEMX, 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 establishes fees related to the Consolidated Audit Trail (CAT) for industry members, impacting compliance costs for businesses involved in securities trading. This may necessitate budget adjustments and financial planning for those affected.