The Long-Term Stock Exchange, Inc. (LTSE) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its Fee Schedule. This amendment aims to create Section C and introduce Connectivity Fees for Cross-Connects at various facilities, as well as for Logical Connectivity, effective January 23, 2025. The SEC is inviting public comments on this proposed rule change until February 28, 2025. Anyone interested can submit their views electronically or by mail, and all submissions will be publicly available on the SEC’s website.
Simple Explanation
The Long-Term Stock Exchange wants to change how much they charge companies to connect their equipment, like plugging in special wires, so everything works well together. They are telling the government about these changes, and people can say if they like or don't like the new prices until the end of February.