Search Results for keywords:"financial health"

The NYSE American LLC has proposed a temporary change to its Options Regulatory Fee (ORF). From December 1 to December 31, 2024, the ORF will be waived to ensure that the fees collected do not exceed the Exchange's regulatory costs due to high trading volumes. The ORF will resume on January 1, 2025, at the rate of $0.0038 per contract. The proposal also includes cleaning up outdated language from past fee schedules to make them clearer. The Securities and Exchange Commission (SEC) is seeking public comments on this rule change.

Avalon Motor Coaches, LLC, along with its affiliates, is planning to acquire most of the assets and contracts of Rose Chauffeured Transportation, Inc. The Surface Transportation Board has tentatively approved this transaction, stating it aligns with the public interest. Comments on the deal are invited until February 24, 2025; if none are received, the approval will become final on February 25, 2025. Avalon plans to maintain the current workforce of Rose and aims to improve service efficiency by integrating Rose's services with its own.