24 Jul 2025
💰Analysis of NYSE American Options Regulatory Fee Decrease
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Temporarily Lower the Options Regulatory Fee (ORF)
Summary
The NYSE American LLC proposes a temporary reduction in the Options Regulatory Fee (ORF) to address increased trading volumes and regulatory costs. This change aims to align ORF collections with operational expenses while ensuring compliance with SEC standards, with an automatic reversion planned for December 31, 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed decrease in the Options Regulatory Fee (ORF) from $0.0038 to $0.0023 per contract affects ATP Holders' costs. This fee adjustment is crucial for businesses involved in options transactions, as it helps lower their operational expenses during a period of high trading volumes, potentially influencing their pricing strategy and profitability.