The NYSE American LLC has proposed a rule change to expand the Per User Access Fee to Redistributors of the NYSE Aggregated Lite data feed, effective January 16, 2025. This proposal was filed with the Securities and Exchange Commission (SEC) and is intended to take immediate effect under specified sections of the Securities Exchange Act of 1934. The SEC is seeking public comments on this proposal, which can be submitted via their website or email before February 21, 2025. This document invites interested individuals to express their views on whether the proposed rule aligns with the Act's requirements.
Simple Explanation
The NYSE American LLC wants to charge more people a special fee to use its market data. They filed this idea with the Securities and Exchange Commission and want to make it official right away, but they also want to hear what people think about it by February 21, 2025.