💰SEC Notice on NYSE CAT Fees for Industry Members in 2025
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted Costs of the National Market System Plan Governing the Consolidated Audit Trail for the Period From July 1, 2025 Through December 31, 2025
Summary
The SEC has published a notice regarding proposed rule changes by NYSE National to establish fees for Industry Members related to the budgeted costs of the Consolidated Audit Trail (CAT) for the period from July 1 to December 31, 2025. The notice seeks comments on these fee implementations, which will affect securities trading practices.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulation discusses the implementation of fees for Industry Members related to the Consolidated Audit Trail (CAT) costs for 2025, which will directly impact financial operations and compliance for businesses involved in securities trading. These fees are essential for budget recovery and operational costs associated with the CAT system, indicating ongoing regulatory obligations for financial compliance.