Search Results for keywords:"immediate effectiveness"

Cboe EDGA Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its Fee Schedule by adjusting the rates related to adding and removing liquidity for securities priced below $1.00. This proposal was submitted on February 3, 2025, and has been designated for immediate effectiveness. The Commission is inviting public comments on the proposal until March 13, 2025, and all submissions will be available on its website.

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.

The Investors Exchange LLC has proposed a new rule regarding the pricing of transactions for securities priced under $1.00. The proposed changes include offering a rebate of 0.15% for orders adding liquidity and raising the fee to 0.15% for orders removing liquidity. These changes are set to be effective immediately and operational by January 1, 2025. The Securities and Exchange Commission is inviting public comments on these proposed changes until January 29, 2025.

Cboe C2 Exchange, Inc. has proposed a rule change to establish a new fee called the CAT Fee 2025-1, which is set at $0.000022 per executed equivalent share. This fee is related to the costs associated with the Consolidated Audit Trail, which is governed by the National Market System Plan. The proposal was filed with the Securities and Exchange Commission (SEC) on December 20, 2024, and has been designated for immediate effectiveness. The SEC has invited the public to submit comments on this proposal by January 27, 2025.

The Securities and Exchange Commission has received a proposed rule change filing from Cboe EDGA Exchange, Inc. The proposal, submitted on December 20, 2024, suggests updating the fee schedule associated with the "Consolidated Audit Trail Funding Fees" to a rate of $0.000022 per executed equivalent share. Interested parties are encouraged to submit their comments through the SEC's online platform or by mail, with all submissions due by January 27, 2025. The proposal is under the immediate effectiveness category pursuant to certain sections of the Securities Exchange Act of 1934.

Nasdaq PHLX LLC submitted a rule change to the Securities and Exchange Commission (SEC), seeking to update and clarify the Phlx Rules related to options trading. The changes include updates to definitions, rules on market maker obligations, order types, and how certain orders like All-or-None Orders are processed. The purpose of these amendments is to ensure accuracy and clarity in the rules, improve transparency for market participants, and ensure the trading system operates in line with its current functionality. The proposed changes have been filed for immediate effectiveness, meaning they can be implemented without a 30-day waiting period, as they do not significantly affect investor protection or impose a burden on competition.