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Search Results: citation:"90 FR 9350"

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2025-02434 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Delay the Implementation of the New Options Regulatory Fee (ORF) and ORF Methodology Proposed in SR-ISE-2024-56
February 11, 2025
Type:Notice
Citation:90 FR 9350
Reading Time:about 3 minutes
Nasdaq ISE has filed a proposed rule change with the Securities and Exchange Commission (SEC) to delay the implementation of changes to their Options Regulatory Fee (ORF). Originally set to take effect earlier, the new ORF and its methodology will now be implemented on June 1, 2025, and will last until December 1, 2025. The SEC is inviting comments from the public concerning this proposed change, and submissions should be made by March 4, 2025. Interested parties can provide feedback through the SEC's online comment form or via email.
Simple Explanation
Nasdaq ISE, a big company involved in the buying and selling of options, wants to change a fee they charge to help pay for keeping everything fair and safe. They need more time to make this change, so they're asking to delay it until June 2025, and want to know what people think about this plan by March 4, 2025.
2025-02430 — Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Fee Schedule Concerning Transaction Fees and Rebates
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February 11, 2025
Type:Notice
Citation:90 FR 9350
Reading Time:about 3 minutes
The Investors Exchange LLC (IEX) has submitted a proposal to the Securities and Exchange Commission (SEC), suggesting changes to its fee schedule related to transaction fees. The proposed amendments include the introduction of a new rebate tier for adding displayed liquidity and adjustments to the base fee for removing displayed liquidity for trades priced at or above $1.00 per share. The SEC invites public comments on this proposal, with submissions accepted until March 4, 2025. The details of the proposal are available on both the Exchange's and the Commission's websites.
Simple Explanation
The Investors Exchange (IEX) wants to change the rules about how much money people pay or get back when they trade stocks. They want people to tell them what they think about these changes by March 4, 2025.

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