11 Feb 2025
📉Nasdaq ISE Delays Options Regulatory Fee Implementation
Self-Regulatory Organizations; Nasdaq ISE, LLC; 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-ISE-2024-56
Summary
Nasdaq ISE, LLC has proposed to delay the implementation of a new Options Regulatory Fee and its methodology until June 1, 2025. This notice, filed with the SEC, is aimed at soliciting comments from interested parties regarding the change. The initial proposal highlighted in this notice was intended to establish a new regulatory fee framework for options trading.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Nasdaq ISE, LLC delays the implementation of the new Options Regulatory Fee (ORF) and associated methodology, impacting cost structures for businesses involved in options trading. The postponement until June 1, 2025, affects financial planning and compliance strategies for market participants.