14 Mar 2025
💰NYSE American Proposes Rule Change to Increase Port Fees
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase Port Fees
Summary
The Securities and Exchange Commission has published a notice regarding NYSE American LLC's proposed rule change to increase port fees and remove the open outcry port fee discount. This change is effective immediately and aims to adjust the Fee Schedule, with an invitation for public comments.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by NYSE American LLC increases port fees, which directly impacts trading costs for businesses utilizing these ports. Additionally, the elimination of the port fee discount could lead to higher overall operational costs, affecting financial planning and strategy for business owners and executives.