Notice 9 Jul 2025 compliance, regulation, finance, securities, fees, audit trail, industry members

💰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.

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Notice 9 Jul 2025 compliance, trading, regulation, securities, financial services, fees, audit

📊Cboe C2 Exchange's Proposed Rule Change on CAT Fees

Cboe C2 Exchange has filed a significant proposal to amend its fee schedule for the Consolidated Audit Trail (CAT) Fund, aiming to establish necessary fees for industry members for July through December 2025. This is part of an ongoing effort to manage the costs related to the CAT, which captures all customer and order event data across markets.

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Notice 9 Jul 2025 compliance, trading, regulation, finance, securities, fees

💰New CAT Fee 2025-2 Regulations Impacting Industry Members

The Securities and Exchange Commission has published a notice regarding the immediate effectiveness of proposed rule changes to implement Consolidated Audit Trail (CAT) funding fees for industry members. This fee structure is designed to cover the reasonably budgeted costs associated with CAT operations for the upcoming period. The implementation will require industry participants to adjust their financial models accordingly.

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Notice 9 Jul 2025 compliance, securities, financial services, rule change, nscc

📈NSCC Proposes Rule Change to Decommission Exemptions and Accounts

The NSCC has proposed a rule change to decommission Level 2 Exemptions and Fully-Paid-For Accounts in its Continuous Net Settlement (CNS) system. This move aims to streamline operations and allocate resources more effectively, identifying the functionalities as underutilized amidst ongoing modernization efforts.

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Notice 9 Jul 2025 regulatory compliance, securities, financial services, fees, audit trail

💰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.

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Notice 9 Jul 2025 compliance, exchange, regulation, securities, fees, financial, market, cat

💰Cboe EDGA Proposed Fee Change for Consolidated Audit Trail

The Securities and Exchange Commission published a notice about Cboe EDGA Exchange's proposed fee change for Industry Members, aimed at recovering costs associated with the Consolidated Audit Trail (CAT). The proposal details fee structures for the remainder of 2025, covering operational expenses that ensure compliance and data management under the CAT NMS Plan.

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Notice 9 Jul 2025 compliance, securities, fees, costs, financial regulation, consolidated audit trail

💰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.

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Notice 9 Jul 2025 regulatory compliance, securities, financial services, cat fees, market structure

💰Proposed Rule Change on Fees for Industry Members Related to CAT

The SEC published a notice regarding a proposed rule change by the Long-Term Stock Exchange, Inc., aiming to establish fees for Industry Members associated with the Consolidated Audit Trail (CAT) for the latter half of 2025. This notice invites public comments and details the regulatory framework surrounding CAT costs and fee structures.

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Notice 9 Jul 2025 sec, regulation, securities, consolidated audit trail, industry fees, trading costs

📈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.

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Notice 8 Jul 2025 regulatory compliance, governance, finance, securities, securities exchange commission, memx

🏛️MEMX Proposes Nominating Committee Membership Changes

The Securities and Exchange Commission published a notice from MEMX LLC regarding a proposed rule change to amend its Limited Liability Company Agreement. The update aims to modify membership requirements for the Nominating Committee, allowing more flexibility in candidate selection while aligning governance structures with those of its affiliate, MX2 LLC.

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