📈Nasdaq ISE to Discontinue Options Regulatory Fee Model
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Discontinue the Options Regulatory Fee Model Scheduled To Be Implemented in June 2025
Summary
The Securities and Exchange Commission has published notice regarding Nasdaq ISE's proposal to discontinue the Options Regulatory Fee model scheduled for June 2025. The decision follows member feedback indicating billing complications due to a lack of necessary information from technology migrations. ISE is committed to reforming the ORF model to simplify billing and enhance market participation.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to discontinue the Options Regulatory Fee model has significant implications for businesses that rely on options trading. It addresses regulatory fee structures, indicating potential cost savings and a shift towards a simpler billing methodology. This could enhance operational efficiency for members engaged in options transactions.