11 Feb 2025
💰Regulation Update
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Fee Schedule Concerning Transaction Fees and Rebates
Summary
The SEC has published a notice regarding a proposed rule change by the Investors Exchange LLC to amend its fee schedule by introducing a new rebate tier and revising fees for transactions priced above $1.00. The proposal aims for immediate effectiveness, and the Commission invites public comments.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change regarding transaction fees and rebates directly impacts the cost structure for businesses trading on the Investors Exchange LLC (IEX). Adjustments to fee schedules can influence trading strategies, profitability, and market behavior. Compliance with these changes will be necessary for affected entities.