Type:Notice
Citation:90 FR 2055
Reading Time:about 3 minutes
MEMX LLC, a self-regulatory organization, has proposed a rule change to amend its fee schedule by removing an expired criterion from Liquidity Provision Tier 2. The Securities and Exchange Commission (SEC) has acknowledged this proposal, which was filed on December 20, 2024, and will implement the changes on January 1, 2025. The SEC is seeking public comments on the proposed rule change, and interested individuals can submit their feedback electronically or by mail by January 31, 2025. All comments will be publicly available on the SEC's website.
Simple Explanation
MEMX LLC wants to change the rules for how they charge fees, by taking out a part that's no longer needed, and they are asking people to share their thoughts about this change.