24 Feb 2025
💰Proposed Fee Changes by OCC
Self-Regulatory Organizations; the Options Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Update the Options Clearing Corporation's Schedule of Fees
Summary
The Options Clearing Corporation has filed a proposed rule change with the Securities and Exchange Commission to update its schedule of clearing fees. This includes an increase in the per contract clearing fee and the removal of a flat transaction fee, aimed at addressing anticipated cash flow needs based on various financial forecasts. The notice invites public comments regarding these changes.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change increases per contract clearing fees from $0.02 to $0.025 and removes a flat transaction fee, which could impact businesses' operational costs. It's essential for business owners to assess how these fee changes could affect their financial planning and transaction costs moving forward.