Search Results for keywords:"billing policy"

Cboe BYX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedule, focusing on handling billing errors and disputes. The proposed change would make all fees and rebates final after three months, aiming to encourage timely review of invoices by members and non-members. The proposed rule also requires any fee disputes to be submitted in writing with supporting documentation within this period. The Exchange believes that these changes will reduce administrative burdens and create a fair, consistent policy for resolving billing issues.

The Securities and Exchange Commission has announced that Cboe Exchange, Inc. has submitted a proposed rule to update its policy on billing errors. The proposal suggests that any billing disputes or errors must be submitted in writing within three months of the invoice date. Fees and rebates will be considered final after a three-month period, providing clarity and eliminating the need for revisiting past invoices. This update aligns with similar policies from affiliated exchanges, aiming to foster timely review of charges and reduce administrative burdens.

Cboe C2 Exchange, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to revise its policy on billing errors. The proposal suggests that any fees and rebates billed more than three months before an error is identified will be deemed final. The rule requires disputes to be submitted in writing with evidence, aiming to simplify the process for recognizing errors and resolving them efficiently. This change aligns C2 Exchange's practices with those of its affiliated exchanges, ensuring consistency across platforms.