Search Results for keywords:"market participants impact"

Found 4 results

Search Results: keywords:"market participants impact"

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  • 2024-29150 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 346
    Type:Notice
    Citation:89 FR 100567
    Reading Time:about 14 minutes

    The New York Stock Exchange (NYSE) has proposed amendments to Rule 346, which outlines the process by which a broker-dealer can remain a member even if they are subject to a statutory disqualification. This change aims to align NYSE rules with those of other exchanges and clarify procedures in situations where membership applications involve such disqualifications. The SEC must review this proposal, which includes a provision for immediate effect to address a time-sensitive case. The public is invited to comment on these proposed changes.

    Simple Explanation

    The NYSE wants to change a rule to let people who might be in trouble with certain rules keep trading, just like other places do, and they want this change to happen quickly because they have a specific reason that can't wait.

  • 2025-02944 — Self-Regulatory Organizations; the Options Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Update the Options Clearing Corporation's Schedule of Fees
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    Type:Notice
    Citation:90 FR 10544
    Reading Time:about 4 minutes

    The Securities and Exchange Commission announced that the Options Clearing Corporation (OCC) has filed a rule change to update its schedule of fees. This change, effective February 14, 2025, increases the per contract clearing fee from $0.02 to $0.025 and removes the flat per transaction fee of $55.00 for transactions of 2,751 or more contracts. The OCC states that this update is based on its need to address expected cash flow requirements considering interest rate forecasts, operating expenses, and other financial factors. Comments on this proposed rule change are being accepted until March 17, 2025.

    Simple Explanation

    The Options Clearing Corporation wants to change how much they charge to help handle trades. They will charge a tiny bit more per trade and stop one of the bigger fees for busy trading days, starting on February 14, 2025.

  • 2025-04076 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase Port Fees
    Type:Notice
    Citation:90 FR 12194
    Reading Time:about 3 minutes

    On March 3, 2025, NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934. This change aims to increase the port fees and remove the discount for open outcry port fees. The proposal has been designated for immediate effectiveness, and the SEC is seeking comments from the public until April 4, 2025. Details about the rule change can be found on the NYSE and SEC websites, and the public is encouraged to share their views without including personal information.

    Simple Explanation

    NYSE Arca wants to charge more money, called port fees, for using their services, and they will stop giving people a discount on certain fees. They're asking people to share their thoughts on this change, but they haven't explained why they're doing it or how it will affect everyone.

  • 2025-03026 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Adopt Fees for Cboe Timestamping Service Reports
    Type:Notice
    Citation:90 FR 10663
    Reading Time:about 3 minutes

    Cboe Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) on February 13, 2025. This change aims to amend its fee schedule by introducing fees for Cboe Timestamping Service reports. The proposal has been designated for immediate effectiveness and the SEC is inviting the public to comment on whether this change aligns with the applicable laws. Comments can be submitted electronically or by mail, and all feedback will be publicly posted on the SEC’s website until March 18, 2025.

    Simple Explanation

    Cboe Exchange wants to start charging fees for special time-checking reports, and people can tell the government if they think this is a good idea or not until March 18, 2025.