Search Results for keywords:"CAT Fee 2025-1"

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 announced that the Investors Exchange LLC submitted a proposed rule change to establish new fees for 2025 to cover costs related to the National Market System Plan Governing the Consolidated Audit Trail (CAT). This proposal includes a fee called CAT Fee 2025-1 set at $0.000022 per executed equivalent share, which is expected to be effective for six months and aims to recover half of the budgeted costs for 2025. The public is invited to submit comments on the proposal by January 29, 2025.

MIAX PEARL, LLC has proposed a rule change to amend its fee schedule for equity securities trading to introduce new fees for Industry Members. These fees, referred to as CAT Fee 2025-1, are intended to cover part of the costs associated with the National Market System Plan for the Consolidated Audit Trail. Starting at a rate of $0.000022 per executed equivalent share, these fees will replace an earlier fee, CAT Fee 2024-1, which had a higher rate of $0.000035. The Securities and Exchange Commission is inviting public comments on this proposed rule change.

The Financial Industry Regulatory Authority, Inc. (FINRA) has proposed a new rule to update fees under FINRA Rule 6897 related to the National Market System Plan's Consolidated Audit Trail for 2025. The updated fee, termed "CAT Fee 2025-1," will be $0.000022 per executed equivalent share. This fee adjustment aims to cover approximately half of the planned costs for 2025 and will replace the existing fee rate of $0.000035. The rule change is effective immediately and seeks public comments on its consistency with the Securities Exchange Act of 1934.

The Miami International Securities Exchange, LLC has proposed a new rule change regarding fees for its Industry Members as part of the CAT NMS Plan, which helps oversee trading activities. These fees, named CAT Fee 2025-1, will be charged at a rate of $0.000022 per executed equivalent share and are intended to recover half the costs budgeted for 2025. This proposal was filed with the Securities and Exchange Commission and became effective immediately, with the first invoices expected in February 2025. The public is invited to submit comments on this proposed change by February 6, 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.

The Securities and Exchange Commission (SEC) announced that the BOX Exchange LLC has filed a proposal to amend its Fee Schedule for the upcoming year, 2025. The proposed changes involve establishing a new fee system called CAT Fee 2025-1, which sets the fee at $0.000022 per executed equivalent share. This fee helps cover the costs associated with the Consolidated Audit Trail (CAT), a system that tracks trading activity in the national market. The CAT Fee 2025-1 is intended to replace the previous CAT Fee 2024-1, which had a higher rate, and will be in effect for six months to cover half of the budgeted CAT costs. Interested parties are invited to submit comments on these changes by January 29, 2025.

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.

The Securities and Exchange Commission announced a new rule proposed by the New York Stock Exchange to set fees for industry members in 2025. These fees, called CAT Fee 2025-1, will support the costs of the National Market System Plan for the Consolidated Audit Trail, with a fee rate of $0.000022 per executed equivalent share. These charges will be applied to brokers as soon as February 2025 and are meant to cover half of the budgeted costs for the year. The public is encouraged to submit their comments on this proposed rule change by January 31, 2025, through the Commission's website or by mail.

The Securities and Exchange Commission has announced that MIAX Sapphire, LLC has proposed a rule change related to fees for Industry Members connected to the National Market System Plan governing the Consolidated Audit Trail (CAT) for 2025. This change involves a fee called CAT Fee 2025-1, set at $0.000022 per executed equivalent share. These fees, aimed at covering part of the CAT costs for 2025, will replace the previous CAT Fee 2024-1. Interested individuals can submit comments on the proposal by February 6, 2025.