The Securities and Exchange Commission has announced that the MIAX PEARL, LLC filed a proposed rule change on December 20, 2024, to update their fee schedule. This change aims to introduce new fee categories for their proprietary market data feeds, known as the Top of Market (ToM) and the Liquidity Feed (PLF). The proposal has been designated for immediate effectiveness, allowing it to be implemented without delay. The Commission is inviting public comments on this rule change, which can be submitted via email or their online comment form until January 31, 2025.
Simple Explanation
The government let a company called MIAX PEARL change their fees for special data feeds about buying and selling stuff, and they want people to say what they think about it by the end of January.