7 Feb 2025
💰Proposed Rule Change for Long-Term Stock Exchange Fee Schedule
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Fee Schedule To Establish Section C and Adopt Connectivity Fees for Cross-Connects at the Primary, Disaster Recovery and Test Environment Facilities
Summary
The Securities and Exchange Commission published a notice regarding a proposed rule change by Long-Term Stock Exchange, Inc. to amend its Fee Schedule, establishing new connectivity fees for cross-connects. This proposal aims to implement these fees effectively from January 23, 2025, and invites public comments on the matter.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory notice involves a proposed rule change for the Long-Term Stock Exchange to amend its Fee Schedule, introducing new connectivity fees that could impact costs for businesses utilizing the exchange's services. Business owners need to consider how these fee changes could affect their operational budgets and overall trading expenses.