The Securities and Exchange Commission has announced that the Cboe BZX Exchange, Inc. filed a proposal on February 14, 2025, to increase the monthly fee for 10 Gb physical ports. This proposal is immediately effective as per certain rules in the Securities Exchange Act of 1934. The public is invited to submit comments on whether this rule change complies with the Act by March 27, 2025. More details and updates can be found on the SEC and Cboe websites.
Simple Explanation
The Cboe BZX Exchange wants to charge more each month for a specific type of internet connection they offer. The Securities and Exchange Commission is asking people to share their thoughts by March 27, 2025, about whether this price increase is fair.