19 Aug 2025
💰NYSE American Proposes Fee for Limited Underwriting Members
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt a Fee for Limited Underwriting Members
Summary
The SEC announces NYSE American LLC's proposed rule change to adopt a $200 monthly fee for Limited Underwriting Members, which aims to enhance competitiveness in a fragmented market. This fee is designed to attract brokers acting as principal underwriters for public offerings, addressing compliance and financial structures in the sector.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory notice establishes a new $200 monthly fee for Limited Underwriting Members at NYSE American LLC, impacting business owners and brokers operating in this space, particularly concerning their cost structures and membership decisions.