Search Results for citation:"90 FR 12372"

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Search Results: citation:"90 FR 12372"

  • Type:Notice
    Citation:90 FR 12372
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) received a proposed rule change from NYSE National, Inc. on March 5, 2025, intending to adjust rules 7.31, 7.37, and 7.44. These amendments would allow optional routing strategies for specific orders on the exchange. The Commission has approved the change to be active immediately, bypassing the typical 30-day wait period, as it is deemed beneficial for investors and the public interest. The SEC is inviting public comments until April 7, 2025, regarding whether this proposed change aligns with the aims of the Securities Exchange Act of 1934.

    Simple Explanation

    NYSE National, Inc. wants to make some changes to how people can buy and sell shares, and these new rules are being allowed to start right away because they're thought to be good for everyone. People can tell the SEC their thoughts about this change until April 7, 2025.

  • Type:Notice
    Citation:90 FR 12372
    Reading Time:about 3 minutes

    The Long-Term Stock Exchange, Inc. (LTSE) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its fee schedule. This change aims to modify the rebates for transactions involving securities priced at $1.00 or more per share that add liquidity to the exchange. The proposal was filed on February 28, 2025, and LTSE intends for the amendments to take effect immediately as of March 3, 2025. The SEC is seeking comments from the public regarding this change and has provided instructions for submitting feedback.

    Simple Explanation

    The Long-Term Stock Exchange wants to change some of the money rules for trading. They asked people to share their thoughts about this change because it might affect how much you can earn or spend when trading stocks.