23 Jan 2025
📈Nasdaq PHLX Proposed Fee Change for Consolidated Audit Trail Costs
Self-Regulatory Organizations; Nasdaq PHLX 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 for industry members related to the Consolidated Audit Trail (CAT) costs, impacting compliance and financial obligations for businesses in the securities sector. This requires business owners and executives to plan for these fees in their budgets.