Search Results for keywords:"fee reduction"

The Transportation Security Administration (TSA) is revising its information collection activities related to the Transportation Worker Identification Credential (TWIC®) Program. This notice outlines efforts to streamline the process, including the introduction of online renewals and fee reductions for certain applicants, which aim to reduce both cost and time burdens on applicants. TSA collects biographic and biometric information to conduct security threat assessments (STAs) for TWIC applicants and holders. Comments on the proposed changes can be submitted by March 26, 2021, as part of their review under the Paperwork Reduction Act.

Cboe BZX Exchange, Inc. proposed a rule change with the Securities and Exchange Commission to amend its fee schedule. The proposal aims to expand its Financial Product Distribution Program by introducing a new Derived Data Platform Service. This service would allow distributors to provide financial products using data derived from the Cboe Aggregated Market. Additionally, the proposal includes fee reductions for distributors, particularly for Non-Professional Users, to encourage broader access and distribution of market data.

ICE Clear Europe Limited submitted a rule change to the Securities and Exchange Commission (SEC) to lower the clearing fees for the ICE Futures Europe Three Month Swiss Average Rate Overnight (SARON®) Index futures contract. The reduction in fees aligns with a decrease in the contract's notional size by a factor of four, facilitating a simpler transition of Open Interest from another contract type. The new fees are planned for implementation on March 1, 2021, pending regulatory approval. The changes are intended to ensure that fees are fair and consistent with the costs of clearing services without affecting competition among market participants.

The Securities and Exchange Commission published a notice regarding a rule change proposed by LCH SA to adjust fees for cash and securities collateral in its CDSClear clearing services. Effective April 1, 2025, subject to regulatory approval, LCH SA plans to decrease the cash collateral spread for the euro (EUR) and reduce fees for USD treasuries posted by clients, aiming to promote competition and improve liquidity. LCH SA asserts the changes are consistent with existing regulations and do not impose unnecessary burdens on competition. The Commission invites public comments on whether the rule change meets the requirements of the Securities Exchange Act.