The Securities and Exchange Commission (SEC) announced that on December 20, 2024, the MIAX Emerald, LLC filed a proposal to modify its fee schedule by introducing new fee categories for its proprietary market data feeds. The proposed changes, which include fees for the Top of Market, Complex Top of Market, Administrative Information Subscriber, and MIAX Emerald Order Feed, are designed to take effect immediately. The SEC is soliciting public comments on this proposal, which can be submitted via email or through the Commission's website until January 31, 2025.
Simple Explanation
The people in charge of keeping track of money stuff, called the SEC, are looking at a new plan from a company named MIAX Emerald to change the prices for some special information they sell. The SEC wants people to tell them what they think about this plan by the end of January next year.