Type:Notice
Citation:90 FR 2052
Reading Time:about 3 minutes
The Securities and Exchange Commission has announced that NYSE Arca, Inc. filed a proposed rule change to amend their Equities Fees and Charges, specifically introducing a new Tier 6 and adopting Tiers 1, 2, and 3 under the new Sub-Dollar Adding Tiers pricing table. This proposal was filed on December 20, 2024, and is designated for immediate effectiveness. The public is invited to submit comments on this proposal, with a deadline of January 31, 2025. Comments can be submitted electronically via the SEC's website or by mail.
Simple Explanation
The people in charge of buying and selling stocks have decided to change some rules about fees for a group called NYSE Arca. They made the change quickly and want to hear what others think by the end of January.