Search Results for keywords:"fees"

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Search Results: keywords:"fees"

  • Type:Notice
    Citation:90 FR 9646
    Reading Time:about 3 minutes

    The Securities and Exchange Commission is reviewing a new rule proposal from the Cboe BZX Exchange, Inc.. The proposal aims to introduce fees for a new service called Unitized Logical Ports, which provides connectivity for its equity options platform, BZX Options. Additionally, new fees for Average Daily Quote and Average Daily Order will be introduced. Interested individuals can submit comments online or through mail, ensuring that they reference the specific file number related to this proposed rule change.

    Simple Explanation

    The Cboe BZX Exchange wants to start offering a new service for connecting to its system and charge fees for this and some other activities. The Securities and Exchange Commission is looking at this plan, and people can give their thoughts on it.

  • Type:Notice
    Citation:89 FR 97083
    Reading Time:about 17 minutes

    Nasdaq BX, Inc., a self-regulatory exchange, has proposed new fees for expanding its co-location services in its NY11-4 data center. These fees cover monthly charges for new "Ultra High Density Cabinets," installation fees for these and other cabinet types, and fees for power and power distribution options. The exchange justifies the fees as reasonable and consistent with market rates, offering flexible choices to customers, who may opt for third-party providers if they prefer. The Securities and Exchange Commission is accepting public comments on this proposal until December 27, 2024.

    Simple Explanation

    Nasdaq BX wants to charge new fees for special "super strong boxes" and power services in their building to help companies keep their computers closer to each other for quicker data sharing. They ask if these prices are fair and invite people to share their thoughts until December 27, 2024.

  • Type:Notice
    Citation:89 FR 97122
    Reading Time:about 16 minutes

    Nasdaq PHLX LLC has proposed a new rule to establish fees for expanded co-location services at its data center in Carteret, NJ, as filed with the Securities and Exchange Commission. The proposal introduces a range of fees for new Ultra High Density Cabinets, cabinet installation, and power distribution units (PDUs) in the expanded facility, known as NY11-4. These changes are intended to reflect the costs and operational efficiencies of supporting higher density power options. The fees, which are consistent with market rates, are meant to cover the increased costs and provide flexibility for customers in managing their connections to the exchange.

    Simple Explanation

    Nasdaq PHLX LLC wants to charge new fees for using special storage spaces and equipment at their New Jersey data center to help with their computer connections. They say these fees are fair, but some people are worried it might be hard to tell if they are too high or if there are other choices that might be better.

  • Type:Notice
    Citation:90 FR 1212
    Reading Time:about 17 minutes

    The Securities and Exchange Commission has approved an amendment proposed by the Public Company Accounting Oversight Board (PCAOB) which allows a firm’s registration to be withdrawn if it fails to file required annual reports and pay fees for two consecutive years. This new rule aims to help the PCAOB keep an accurate list of active firms and improve how they manage their resources, ensuring regulations are more efficient. The amendment provides steps for notifying firms of their delinquency, offering them a chance to remain registered. Additionally, the amendment will apply to audits of Emerging Growth Companies to ensure consistent protection of investor interests.

    Simple Explanation

    The people in charge of making sure business helpers (called accountants) do a good job just decided that if a helper doesn't send important homework for two years, they'll be taken off the list of helpers. This helps them keep the list neat and makes sure the helpers are really helping, especially helping new growing businesses.

  • Type:Notice
    Citation:90 FR 8310
    Reading Time:about 3 minutes

    Nasdaq Stock Market LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish fees for its expanded co-location services. This proposal, filed on January 8, 2025, is designed to take immediate effect, and the SEC is requesting public comments on the proposed rule change. Interested individuals can submit their comments via the SEC's website, email, or by mail, ensuring they reference the file number SR-NASDAQ-2025-003. All comments must be submitted by February 18, 2025.

    Simple Explanation

    Nasdaq wants to charge new fees for a special service that helps computers talk to each other faster, and they're asking people to share their thoughts on it. But they haven't given all the details, so it might be hard to understand exactly what they'll be doing or why.

  • Type:Notice
    Citation:90 FR 8315
    Reading Time:about 3 minutes

    Nasdaq PHLX LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce fees for its expanded co-location services. The rule change takes immediate effect, as allowed under specific provisions of the Securities Exchange Act. The SEC seeks public comments on this proposal, encouraging people to submit their views, data, and arguments concerning it. This feedback can be submitted through the SEC’s website or by mail, with all comments publicly accessible online.

    Simple Explanation

    Nasdaq PHLX LLC wants to charge money for a special service that helps computers talk faster. The decision is quick and the government is asking people to say what they think about it.

  • Type:Notice
    Citation:86 FR 6304
    Reading Time:about 5 minutes

    The Commodity Futures Trading Commission (CFTC) is issuing a notice about the fees charged to self-regulatory organizations, like registered futures associations and designated contract markets, for oversight of their rule enforcement programs. These fees help recover costs incurred by the CFTC during oversight and are deposited in the U.S. Treasury as miscellaneous receipts. The fee calculations are based on the average actual costs from the previous three fiscal years and take into consideration various factors such as trading volume and program complexity. Payments must be made electronically by the deadline specified in the document.

    Simple Explanation

    The CFTC charges fees to market organizations and futures groups to cover the costs of checking their rules, using past years to figure out how much to charge. These fees go into the government's piggy bank and must be paid online.

  • Type:Notice
    Citation:90 FR 13260
    Reading Time:about 3 minutes

    Nasdaq ISE, LLC has proposed a new rule to establish fees for its flexible exchange options, known as FLEX Options. This proposal was filed with the Securities and Exchange Commission (SEC) and will be effective immediately, with the changes set to operate starting April 7, 2025. The SEC is inviting the public to comment on this proposed rule change by April 10, 2025. Interested persons can submit their comments electronically or via mail, ensuring to reference the file number SR-ISE-2025-10.

    Simple Explanation

    Nasdaq ISE wants to start charging new fees for a special kind of option trading called FLEX Options, and they told the SEC about it. They want people to say what they think about these fees by April 10, but the fees will start being used from April 7, 2025.

  • Type:Notice
    Citation:89 FR 97089
    Reading Time:about 16 minutes

    Nasdaq ISE, LLC has proposed new fees for its expanded co-location services, as outlined in a filing with the Securities and Exchange Commission. The proposed changes include a monthly fee of $7,230 for Ultra High Density Cabinets and a $5,940 installation fee for cabinets in the expanded data center known as NY11-4. Additionally, installation fees are set at $3,600 and $4,560 for different power options, and the Exchange will offer Power Distribution Units (PDUs) as a convenience, although customers can opt to provide their own. These changes aim to match the cost of updated facilities while maintaining consistency with current pricing structures.

    Simple Explanation

    Nasdaq ISE wants to charge new fees for people using their special computer homes to make things faster. They say these fees are to cover the cost of making the computer homes better, but some people are worried because the reasons behind the fee amounts are not very clear.

  • Type:Notice
    Citation:90 FR 2042
    Reading Time:about 4 minutes

    NYSE American LLC has filed a proposed rule change with the Securities and Exchange Commission to set up fees for industry members linked to the Consolidated Audit Trail (CAT) costs for 2025. The fee, known as CAT Fee 2025-1, will be $0.000022 per executed equivalent share and will replace the existing higher fee. These fees aim to cover about half of the planned CAT costs for the year. The proposal is available on the SEC website, and comments from the public are invited.

    Simple Explanation

    The people who run the NYSE American stock exchange want to change how much they charge companies to help pay for a big system that keeps track of all stock trades. The new fee will be a bit cheaper than the old one, and it helps cover the costs of this tracking system, but how it's decided isn't very clear.

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