Type:Notice
Citation:86 FR 10142
Reading Time:about 18 minutes
Cboe C2 Exchange, Inc. has proposed changes to its Fees Schedule, which the Securities and Exchange Commission (SEC) is considering. The changes aim to adjust various transaction fees and rebates for trades involving AAPL, QQQ, IWM, and SLV. These modifications are designed to make transactions more competitive and encourage liquidity by offering different fees and incentives compared to other exchanges. The SEC is inviting public comments on the proposed changes to ensure they align with market regulations and investor interests.
Simple Explanation
Cboe C2 Exchange wants to change the prices people pay for certain trades to make them more attractive and competitive, and the SEC is asking for opinions on this plan to ensure it is fair and follows the rules.