The Cboe EDGX Exchange, Inc. has proposed changes to its fee schedule that affect the criteria for Remove Volume Tier 2 and Retail Volume Tier 1, which was filed with the Securities and Exchange Commission (SEC) on March 7, 2025. The proposal is effective immediately, and the SEC is seeking public comments on whether the changes align with existing regulations. Interested individuals can submit comments through the SEC's website or email by April 7, 2025. The key focus is on ensuring that these changes continue to support investor protection and market efficiency.
Simple Explanation
The Cboe EDGX Exchange has decided to change some of its rules about fees, and they want people to know about it and give their opinions. These changes are supposed to happen right away, and people have until April 7, 2025, to say what they think.