MIAX Sapphire, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) that aims to amend its fee schedule for certain proprietary market data feeds. These are the MIAX Sapphire Top of Market, Complex Top of Market, and Liquidity Feed. The rule change has been designated for immediate effectiveness, and the SEC is seeking public comments on the proposal. People interested in sharing their opinions can submit comments electronically or by mail by February 28, 2025.
Simple Explanation
MIAX Sapphire wants to change how much it costs to get special information about its market, but they haven't explained exactly how much yet. They also want to know what people think about this change, and people can share their thoughts until the end of February.