Search Results for keywords:"SEC public comments"

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Search Results: keywords:"SEC public comments"

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  • 2025-02385 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Delay the Implementation of the New Options Regulatory Fee (ORF) and ORF Methodology Proposed in SR-MRX-2024-45
    Type:Notice
    Citation:90 FR 9259
    Reading Time:about 3 minutes

    Nasdaq MRX, LLC has proposed a rule change to the Securities and Exchange Commission to delay the implementation of a new Options Regulatory Fee (ORF) and its methodology until June 1, 2025, with a planned end date of December 1, 2025. This decision is intended to allow more time for the adjustments spotlighted in the earlier proposal SR-MRX-2024-45. The Commission is inviting public comments on this proposal, and submissions should reference file number SR-MRX-2025-05. Comments should be submitted by March 3, 2025, through the SEC's website or by email, and will be made publicly available online.

    Simple Explanation

    Nasdaq MRX wants to wait a little longer before changing a fee for options to make sure everything is ready, so they're asking the SEC if they can delay this change until June 2025. They're also inviting people to give their thoughts and ideas about this delay by sending in comments before March 3, 2025.

  • 2021-01836 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish a Monthly Fee Assessed on Members' MPIDs
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    Type:Notice
    Citation:86 FR 7440
    Reading Time:about 14 minutes

    The Cboe EDGX Exchange, Inc. proposed a new rule to implement a monthly fee for members using more than one Market Participant Identifier (MPID) starting after their first free MPID. The fee is set at $350 per additional MPID and aims to encourage efficient use of MPIDs by its members. This measure comes in a competitive trading market where participants can choose different platforms if they find fees too high. The Securities and Exchange Commission is reviewing this proposal and is accepting public comments.

    Simple Explanation

    The Cboe EDGX Exchange wants to charge a monthly fee of $350 if members use more than one special code (like a nickname) when trading, to make sure they use these codes wisely. The government is checking if this is a fair rule and asking people what they think.