💵NYSE American Implements New Fee Structure for 2025
The SEC announces NYSE American's proposed rule change to implement CAT Fee 2025-2, designed to cover the budgeted costs for the operation of the Consolidated Audit Trail from July to December 2025. The new fee structure affects transactions by Industry Members through a modest rate per executed equivalent share, contributing to financial transparency within the market.
Learn More📈Impact of Proposed CAT Fee 2025 on Industry Members
The Securities and Exchange Commission announces the proposed rule change to establish CAT Fees for Industry Members, effective from July 1, 2025. This measure is intended to fund the budgeted costs associated with maintaining the Consolidated Audit Trail, significantly influencing the cost structure within the securities industry and requiring Industry Members to adjust their financial strategies accordingly.
Learn More💰Cboe BYX Proposed Rule Change
The SEC has published a notice regarding Cboe BYX Exchange's proposed rule change, introducing new fees for Industry Members related to the National Market System Plan Governing the Consolidated Audit Trail. This adjustment aims to recover budgeted costs for the period from July 1, 2025, to December 31, 2025, impacting compliance and operational expenses for trading businesses.
Learn More💰New CAT Fee 2025-2 Impacting Industry Members Announced by NYSE
The NYSE has filed a proposed rule change to implement CAT Fee 2025-2, which establishes fees related to the costs of the Consolidated Audit Trail for the second half of 2025. This initiative aims to recover budgeted expenses associated with the operation and compliance of the CAT system, impacting industry members and transaction costs.
Learn More📈Proposed CAT Fee 2025-2 Notice for Industry Members
The SEC issued a notice regarding the proposed CAT Fee 2025-2, aimed at establishing fees for industry members related to the budgeted costs of the National Market System Plan. The new fee will apply for transactions from July 1, 2025, to December 31, 2025, and seeks to cover operational costs associated with the Consolidated Audit Trail.
Learn More💰FINRA's Proposed Rule Change
The SEC publishes a notice detailing FINRA's proposed fee changes for Industry Members related to the Consolidated Audit Trail system. The amendment introduces CAT Fee 2025-2, which aims to cover reasonably budgeted costs for the CAT, impacting transactions carried out by various financial entities.
Learn More💸FINRA Proposes CAT Cost Recovery Fee 2025-2 Impacting Industry Members
FINRA's notice announces a proposed rule change to implement the Prospective CAT Cost Recovery Fee 2025-2, designed to recover budgeted costs for the consolidated audit trail system from industry members. This fee is structured based on transaction volumes and is integral for fulfilling the regulatory requirements and maintaining financial accountability within the National Market System Plan.
Learn More📊SEC Proposes Amendment to Consolidated Audit Trail Reporting
The SEC issued a notice regarding a proposed amendment to the National Market System Plan governing the Consolidated Audit Trail. This amendment pertains to the reporting of verbal activity and aims to enhance transparency and regulatory compliance among participating exchanges and financial institutions. The Commission has extended the review period for the amendment to ensure thorough consideration.
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