Search Results for keywords:"Section 19(b)(1)"

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Search Results: keywords:"Section 19(b)(1)"

  • Type:Notice
    Citation:90 FR 7228
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) has announced that LCH SA, a clearing agency, has proposed a change to its CDSClear fee grid for 2025. This proposal was filed on January 8, 2025, and is set to take effect immediately. The change aims to update the fee structure related to the CDSClear business and its clearing services. The SEC is inviting the public to comment on this proposal until February 11, 2025, by submitting their thoughts online or via mail.

    Simple Explanation

    The SEC is letting people know that a company called LCH SA wants to change how much it charges for a special kind of business in 2025, and they want people to share their thoughts about it online or by mail before February 11, 2025.

  • Type:Notice
    Citation:90 FR 9177
    Reading Time:about 3 minutes

    The Cboe EDGA Exchange, Inc. has proposed a rule change to amend its fee schedule to include fees for Dedicated Cores, and this proposal was filed with the Securities and Exchange Commission (SEC) on January 24, 2025. This filing is in accordance with Section 19(b)(1) of the Securities Exchange Act of 1934 and is designed to take effect immediately. The SEC is asking for public comments on this proposal, and various methods are provided for submitting these comments until February 28, 2025. Comments can be shared via an online form, email, or mail, reminding contributors to avoid including any personal identifiable information they do not want made public.

    Simple Explanation

    The Cboe EDGA Exchange wants to change its pricing to add new costs for special parts of computers called "Dedicated Cores." The SEC is letting people say what they think about this until February 28, 2025.

  • Type:Notice
    Citation:89 FR 99954
    Reading Time:about 7 minutes

    Nasdaq BX, Inc. proposed a rule change to amend Rule 4759, altering its data feeds for handling and executing orders. This adjustment involves using a direct feed from the Long-Term Stock Exchange as the primary source, with CQS/UQDF as a backup. The Securities and Exchange Commission (SEC) allowed this change to become effective immediately, aiming to improve transparency without significantly affecting competition or the public’s interest. The SEC invites public comments on this rule change, seeking input through its website or email by January 2, 2025.

    Simple Explanation

    Nasdaq BX, Inc. wants to change how it uses data to buy and sell stocks by switching to a new main data source, just like how you might pick a new favorite cartoon to watch, and they want to make sure it’s better for everyone. The people in charge are okay with this change now, and they’d like anyone with something to say about it to share their thoughts before the new year.

  • Type:Notice
    Citation:90 FR 10104
    Reading Time:about 3 minutes

    MEMX LLC, a stock exchange, submitted a proposal to the Securities and Exchange Commission (SEC) to change its fee schedule. The proposal details a new Tape A Quoting Tier, which offers an extra rebate for certain trading activities on the exchange. This change took effect immediately, and the SEC invites public comments on the proposal by March 14, 2025. All relevant information and comments related to this rule change are available on the SEC's website.

    Simple Explanation

    MEMX, a stock market, made a quick change to their fee rules to give a bit more money back to people who do certain kinds of trading with them, and they want people to tell them what they think about it by March 14, 2025.

  • Type:Notice
    Citation:90 FR 1555
    Reading Time:about 3 minutes

    Cboe Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to increase its monthly fee for Purge Ports, with immediate effect starting January 2, 2025. This change was filed under Section 19(b)(1) of the Securities Exchange Act of 1934 and has been designated for immediate effectiveness. The SEC is inviting the public to submit written comments on the proposed rule change, which can be done electronically or via paper submission. All comments should include the file number SR-CBOE-2024-057 and be submitted by January 29, 2025.

    Simple Explanation

    Cboe Exchange, Inc. has decided to ask for more money each month from users of their Purge Ports service, and they let the SEC know about this change, which will start on January 2, 2025. People can tell the SEC what they think about this by sending them a letter or an email by January 29, 2025, and they should include a special code, SR-CBOE-2024-057, in their message.

  • Type:Notice
    Citation:90 FR 12384
    Reading Time:about a minute or two

    The Nasdaq Stock Market LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Canary Litecoin ETF. This proposal was published for public comment on February 4, 2025. According to the Securities Exchange Act, the SEC initially has 45 days to decide on such proposals but can extend this period if needed. The SEC has chosen to extend the decision deadline to May 5, 2025, to allow for more time to evaluate the proposal thoroughly.

    Simple Explanation

    The Nasdaq Stock Market wants to start selling a new kind of investment called the Canary Litecoin ETF, so they asked permission from a group of people who make sure everything is safe and fair. But these people have decided they need more time to think before they say yes or no, so they're taking a bit longer to decide.