💻Cboe EDGA Proposes Increase in 10 Gb Physical Port Fees
The Cboe EDGA Exchange has announced a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This adjustment aims to better reflect service quality and operational costs after a lengthy period without fee increases. The proposal is designed to support continued technological improvements and competitive offerings within the exchange market.
Learn More📈Proposed Rule Change on Participant System Disruption by FICC
The Securities and Exchange Commission has published a notice regarding proposed amendments to the Fixed Income Clearing Corporation's Disruption Rules. These changes aim to streamline procedures for managing significant system disruptions affecting DTCC Systems Participants, enhancing compliance mechanisms and operational risk management within the financial services industry.
Learn More💵LCH SA Proposes Changes to Cash and Securities Collateral Fees
LCH SA has submitted a proposed rule change to amend its fee structures for cash and securities collateral used as initial margin in its CDSClear service. The changes aim to enhance competitive dynamics and improve liquidity risk profiles by adjusting fees and spreads based on market conditions and operational considerations.
Learn More⚖️Proposed Disruption Rule Change by NSCC and SEC
The SEC has published a notice regarding the NSCC's proposed rule change to update the Disruption Rules, focusing on system interruptions. Key changes include refined definitions, enhanced notification requirements, and provisions for reconnection of disrupted systems, aiming to improve operational resilience and risk management across associated clearing agencies and participants.
Learn More💵Cboe Increases Monthly Fee for 10 Gb Physical Ports
The Securities and Exchange Commission has published a notice from Cboe EDGX Exchange regarding a proposed rule change to increase monthly fees for 10 Gb physical ports. This adjustment is intended to help maintain and improve market technology and services, reflecting the Exchange's investments and the impact of inflation on operational costs.
Learn More📈Cboe BZX Increases 10 Gb Physical Port Fees - Implications for Businesses
The Securities and Exchange Commission published a notice regarding Cboe BZX Exchange's proposed rule change to increase the monthly fee for 10 Gb physical ports. The rule aims to maintain and enhance market technology and services, reflecting adjustments to align with industry standards while also addressing inflation. Comments on the proposal are being solicited from interested parties.
Learn More🏦Federal Reserve Notices on Bank Holding Companies Mergers and Acquisitions
The Federal Reserve System has issued a notice regarding the approval process for the formation, acquisition, and merger of bank holding companies. The notice includes applications from various companies seeking to become bank holding companies, highlighting regulatory requirements and public comment procedures applicable to interested parties.
Learn More📈SEC Notice for Exemption on Issuing Multiple Share Classes
The SEC has issued a notice regarding an application from North Haven Private Income Fund LLC and others for an exemption under the Investment Company Act of 1940. This exemption would allow investment companies to issue various classes of shares with differing sales loads and fees, potentially altering the structure of financial services within the business development sector.
Learn More🏦Federal Reserve Notice on Edge Corporations and Business Impact
The Federal Reserve System has issued a notice regarding applications for establishing Edge Corporations under Section 25A of the Federal Reserve Act, detailing public comment procedures, submission deadlines, and compliance factors relevant to interested businesses and stakeholders.
Learn More🏦Federal Reserve Notice on Bank Holding Company Mergers & Acquisitions
The notice outlines applications for bank holding companies, including acquisitions and mergers, submitted to the Federal Reserve Board under the Bank Holding Company Act. Public comment is invited, and submissions must adhere to specific regulations and deadlines. The information is available for public inspection, indicating transparency in financial governance.
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