9 Jul 2025
💰Implementation of CAT Fee 2025-2 by Miami International Securities Exchange
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 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 has published a notice regarding the filing of a proposed rule change by Miami International Securities Exchange to implement CAT Fee 2025-2. This fee is intended to cover the costs of maintaining the Consolidated Audit Trail, aiming to recover expenses incurred in the operational and regulatory frameworks for the period from July to December 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines the implementation of CAT Fee 2025-2, which establishes fees charged to Industry Members for transaction processing. This affects financial aspects for businesses operating in the securities market, specifically regarding cost assessment related to regulatory compliance.