Search Results for keywords:"securities"

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Search Results: keywords:"securities"

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  • 2025-03171 — Marqeta, Inc.
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    Type:Notice
    Citation:90 FR 10839
    Reading Time:about 12 minutes

    The Securities and Exchange Commission has issued a notice regarding Marqeta, Inc.'s application for an order under the Investment Company Act of 1940. Marqeta seeks to be recognized as primarily engaging in business activities other than investing in securities, focusing on providing a payment card issuing platform. The application details Marqeta's operations, historical development, and financial practices to demonstrate that it does not function as an investment company. The SEC invites interested parties to request a hearing concerning the application with a deadline in March 2025.

    Simple Explanation

    Marqeta wants to prove to the government that it is a company helping people with payment cards, not just making money from buying and selling things like stocks. The government is checking their request carefully and wants people to speak up if they have any questions by a certain time.

  • 2025-06172 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Change To Amend Certain Transaction Fees and Credits in the NYSE American Equities Price List
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    Type:Notice
    Citation:90 FR 15489
    Reading Time:about 14 minutes

    This document is a notice from the Securities and Exchange Commission regarding a proposed change by NYSE American LLC to their transaction fees and credits on the NYSE American Equities Price List. The proposed changes involve amending the fees for Electronic Designated Market Makers (eDMMs) who agree to certain conditions for providing liquidity in assigned securities. To encourage more quoting and liquidity provision, the Exchange is offering a new higher monthly rebate of $1,250 per assigned security for eDMMs meeting specific quoting thresholds. The Commission is seeking public comments on these changes, which are intended to make the marketplace more competitive by attracting more order flow.

    Simple Explanation

    The Securities and Exchange Commission is talking about some new rules for a group that helps with buying and selling stocks. They want to give these helpers more money if they do a really good job and make it easier for people to trade.

  • 2021-01731 — Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish a Monthly Fee Assessed on Members' MPIDs
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    Type:Notice
    Citation:86 FR 7324
    Reading Time:about 14 minutes

    The Cboe EDGA Exchange, Inc. has proposed a new rule to amend its fee schedule, introducing a monthly fee for members using more than one Market Participant Identifier (MPID). Each member's first MPID remains free, while additional ones will incur a $150 monthly charge. This measure is intended to incentivize efficient use of MPIDs, as well as cover administrative costs associated with managing them. The proposed fee is lower than a similar fee charged by the Nasdaq Stock Market, encouraging competition among exchanges.

    Simple Explanation

    The Cboe EDGA Exchange wants to start charging a fee when companies use more than one special ID number, called an MPID, on their platform. The first number is free, but any extra numbers will cost $150 each month, to help with managing them and to be fair with other market places.