Search Results for citation:"90 FR 715"

The Cboe EDGX Exchange, Inc. has proposed a new rule change to adjust its fee schedule for the Consolidated Audit Trail (CAT) funding, setting a fee rate of $0.000022 per executed equivalent share. This proposal, filed on December 20, 2024, has been designated for immediate effectiveness and is subject to comment from the public. Interested parties can view the complete proposal on the Exchange or Commission’s websites and are invited to submit their comments electronically or by mail before January 27, 2025. The goal of the proposed change is to cover reasonably budgeted costs associated with the CAT as per the governing National Market System Plan.

MEMX LLC has filed a new rule proposal with the Securities and Exchange Commission to set fees for industry members that will fund the National Market System Plan for the Consolidated Audit Trail (CAT) in 2025. The proposed fee, called CAT Fee 2025-1, is set at $0.000022 per executed share and will be collected from executing brokers starting February 2025, based on January 2025 transactions. This new fee intends to cover about half of the costs for 2025 and will replace the previous year’s CAT Fee 2024-1, which was slightly higher. The public is invited to comment on this proposed rule change by January 27, 2025.