9 Jul 2025
💰Cboe EDGA Proposed Fee Change for Consolidated Audit Trail
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 Costs of the National Market System Plan Governing the Consolidated Audit Trail for the Period From July 1, 2025 Through December 31, 2025
Summary
The Securities and Exchange Commission published a notice about Cboe EDGA Exchange's proposed fee change for Industry Members, aimed at recovering costs associated with the Consolidated Audit Trail (CAT). The proposal details fee structures for the remainder of 2025, covering operational expenses that ensure compliance and data management under the CAT NMS Plan.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content outlines regulatory changes involving fees related to the Consolidated Audit Trail, which impose new financial burdens on Industry Members such as brokers and exchanges. This affects compliance costs and operational expenses, indicating significant business implications.