21 May 2025
📈SEC Notice on MIAX Fee Schedule Update - Key Implications for Businesses
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule To Remove Obsolete Text Regarding Temporary Discounts to Current Subscribers to the MIAX Options Liquidity Taker Event Reports
Summary
The Securities and Exchange Commission publishes a notice regarding the Miami International Securities Exchange's proposed rule change to amend its Fee Schedule by deleting obsolete language concerning temporary discounts for liquidity taker event reports. This aims to clarify the fee structure for subscribers and ensure accurate information post-system upgrades.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed regulatory change involves amending the fee schedule by removing obsolete references to temporary discounts for specific reports that have already expired. This has financial implications for businesses, particularly for current and future subscribers who rely on accurate and updated fee structures to budget for service subscriptions.