On November 25, 2024, NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to modify its Options Fee Schedule concerning the Options Regulatory Fee (ORF), which became effective immediately. However, on January 23, 2025, the SEC temporarily suspended the rule to consider further whether it should be approved or disapproved. Subsequently, on January 27, 2025, NYSE Arca withdrew its proposed rule change.
Simple Explanation
NYSE Arca wanted to change a rule about a fee for December, but after thinking about it more, they decided to take back the idea. Now, they wonβt make that change after all.