Type:Notice
Citation:90 FR 10104
Reading Time:about 3 minutes
MEMX LLC, a stock exchange, submitted a proposal to the Securities and Exchange Commission (SEC) to change its fee schedule. The proposal details a new Tape A Quoting Tier, which offers an extra rebate for certain trading activities on the exchange. This change took effect immediately, and the SEC invites public comments on the proposal by March 14, 2025. All relevant information and comments related to this rule change are available on the SEC's website.
Simple Explanation
MEMX, a stock market, made a quick change to their fee rules to give a bit more money back to people who do certain kinds of trading with them, and they want people to tell them what they think about it by March 14, 2025.