Search Results for keywords:"fairness concerns"

Nasdaq BX, Inc. has filed a notice with the Securities and Exchange Commission to increase fees for its Specialized Quote Feed (SQF) Ports and SQF Purge Ports by 10% and 9%, respectively. The proposed changes are intended to help Nasdaq BX cover costs incurred from technology upgrades and to better align with inflation rates in the industry over recent years. These fees, which were last raised in 2016 and 2018, impact Market Makers who use these ports for trading on the exchange. The proposal claims these increases are fair and ensure continued investment in technology, benefiting participants by providing enhanced trading services.

The Department of Justice (DOJ) has finalized a rule that allows settlement agreements to include payments or loans to non-governmental third parties who are not part of the dispute, under certain conditions. This rule revokes a 2020 regulation that prohibited such payments. Despite some public concerns about fairness and legality, the DOJ maintains this new rule will enable more effective settlements by compensating victims and addressing harms. The rule also includes guidelines such as ensuring a strong connection between the payment and the violation and restricting government involvement after the settlement.