10 Feb 2025
⏳Nasdaq MRX Delays New Options Regulatory Fee Implementation
Self-Regulatory Organizations; Nasdaq MRX, 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-MRX-2024-45
Summary
The Securities and Exchange Commission announces a proposed rule change by Nasdaq MRX to delay the implementation of the new Options Regulatory Fee and its associated methodology, shifting the effective date to June 1, 2025, and introducing a sunset clause. The move aims to refine the fee structure before enforcement.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content involves a proposed rule change delaying the Options Regulatory Fee (ORF) implementation, which has financial implications for businesses engaged with Nasdaq MRX. The delay affects regulatory compliance processes and potentially impacts trading costs.