10 Feb 2025
💼Nasdaq BX Delays New Options Regulatory Fee Implementation
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Delay the Implementation of the New Options Regulatory Fee (ORF) and ORF Methodology Proposed in SR-BX-2024-054
Summary
The Securities and Exchange Commission announces Nasdaq BX's proposed rule change to delay the implementation of the new Options Regulatory Fee (ORF) and its methodology. The new fee structure is now set to be implemented on June 1, 2025, with a planned sunset on December 1, 2025. Interested parties are invited to comment on the proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice discusses the delay in implementing the new Options Regulatory Fee by Nasdaq BX, which can impact trading costs for firms. Business owners and executives need to pay attention to adjustments in fees impacting their financial operations.