📊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 Extends Decision Period for Proposed Canary Staked TRX ETF Rule Change
The SEC has announced an extended period for reviewing the proposed rule change by Cboe BZX Exchange to list and trade shares of the Canary Staked TRX ETF. This extension allows for further consideration of the implications and any issues raised in the proposal, impacting stakeholders in the financial markets.
Learn More💰Nasdaq MRX Fee Notice
The SEC published a notice regarding Nasdaq MRX's proposed rule change to establish fees for industry members related to the Consolidated Audit Trail's budgeted costs for July to December 2025. The new fees are expected to recover operational costs, thereby impacting trading firms and their financial strategies moving forward.
Learn More💰NYSE Arca Proposes New CAT Fees for Industry Members
The SEC announces NYSE Arca's filing for a new rule to establish fees related to the National Market System Plan governing the Consolidated Audit Trail (CAT) for the second half of 2025. The fees aim to fund the operational costs of the CAT, affecting executing brokers based on their transaction volumes.
Learn More📈SEC Proposes New Hosted Solutions Program for Small Retail Brokers
The SEC has issued a notice regarding a proposed rule change from Cboe BZX Exchange to introduce a Small Retail Broker Hosted Solutions Program. This program aims to provide fee waivers and updated eligibility requirements for small retail brokers, facilitating better access to market data for retail investors and competing with other exchanges.
Learn More📈Nasdaq iShares Ethereum Trust Proposed Rule Change Notice
The Securities and Exchange Commission has published a notice regarding proposed amendments to the rules of the iShares Ethereum Trust, allowing in-kind creations and redemptions. This change aims to enhance market efficiency and ensure compliance with regulatory standards. The notice invites public comments and extends the Commission’s action period for further review.
Learn More📊Cboe EDGX Proposes Small Retail Broker Data Solutions Program
The Cboe EDGX Exchange proposes a new Small Retail Broker Hosted Solutions Program that aims to reduce fees and expand access to market data for retail brokers. By waiving distribution fees, the initiative seeks to foster broader service offerings and competitive pricing, enhancing opportunities for retail investors and smaller brokerage firms.
Learn More💰Nasdaq ISE Proposes CAT Fee 2025-2 for Industry Members
This regulatory notice outlines Nasdaq ISE, LLC's proposed changes to establish fees for industry members associated with the Consolidated Audit Trail, detailing budgeted costs and fee structures for the upcoming period. The implementation aims to support the operation and maintenance of the national market system.
Learn More📊Proposed Fee Waivers for Small Retail Brokers’ Data Access
The Cboe BYX Exchange proposes a new program to incentivize small retail brokers through fee waivers and enhanced data access, allowing brokers to provide services to retail investors at lower costs. By adjusting eligibility requirements for existing data programs, the Exchange aims to increase competition and broaden access to market information.
Learn More📈NYSE Texas Proposes Rule Change for Connectivity Fee Schedule
The Securities and Exchange Commission has published a notice regarding NYSE Texas, Inc.'s proposed amendments to its Connectivity Fee Schedule. The changes aim to update third-party system access and data feed costs, providing additional options for users while maintaining fees for existing services. The amendments reflect evolving market demands and competitive considerations among users.
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