📊Proposed 2025 CAT Fees and Their Impact on Industry Members
The SEC has published a notice regarding the proposed rule change by Nasdaq GEMX to establish fees for Industry Members associated with the Consolidated Audit Trail (CAT). The fees aim to cover operational costs under the CAT NMS Plan for the latter half of 2025, impacting market participants significantly.
Learn More💰SEC Proposed CAT Fees 2025-2 Impact on Industry Members
The SEC has published a notice regarding the proposed CAT Fee 2025-2, which aims to establish fees to cover costs for the National Market System plan governing the Consolidated Audit Trail. This fee implementation will require compliance from Industry Members within the securities sector for effective operation and cost recovery.
Learn More💼Proposed Rule Change for CAT Fee 2025-2 Impacting Industry Members
The Securities and Exchange Commission announced the immediate effectiveness of a proposed rule change by MIAX Emerald, which amends the fee schedule to introduce a new fee for industry members related to the National Market System Plan governing the Consolidated Audit Trail. The fee aims to recover budgeted costs for the operation of the consolidated audit trail over a specific period.
Learn More💰Proposed CAT Fee Change and Its Impact on Industry Members
The Securities and Exchange Commission announces a proposed rule change by MIAX Sapphire to amend fees for industry members linked to the National Market System Plan Governing the Consolidated Audit Trail. These changes affect the financial landscape for market participants through new cost assessments aimed at budgeted audit trail expenses from July to December 2025.
Learn More💰Proposed Rule Change for CAT Funding Fees 2025
The Cboe Exchange proposes a new fee structure for industry members to cover costs associated with the Consolidated Audit Trail (CAT) for the period of July 1 to December 31, 2025. This change reflects the funding model approved by the SEC and highlights the need for industry compliance in financial reporting and transaction oversight.
Learn More💰Cboe EDGX Announces New CAT Fees Impacting Industry Members
Cboe EDGX Exchange has filed a notice regarding a proposed rule change to establish fees for Industry Members connected to reasonably budgeted costs for the Consolidated Audit Trail. This change will apply from July through December 2025, emphasizing compliance and financial planning for affected businesses.
Learn More📊SEC Extends Review Period for Proposed Amendment to Audit Trail Plan
The SEC has extended the review period for a proposed amendment to the Consolidated Audit Trail governing reporting requirements. Designed to include more verbal and floor activity, this amendment aims to enhance oversight within the National Market System Plan. The Commission is allowing additional time to assess policy issues and comments related to the proposal.
Learn More💰CAIS Amendment Reduces Mandatory Reporting for Securities Industry
The CAIS Amendment proposes significant changes to the National Market System Plan by eliminating the requirement for reporting certain customer information, including names, addresses, and years of birth. This amendment aims to enhance data security while achieving substantial cost savings, estimated at $12 million annually, for participating organizations in the securities industry.
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