Search Results for keywords:"fee allocation"

Found 2 results
Skip to main content

Search Results: keywords:"fee allocation"

  • Type:Notice
    Citation:86 FR 641
    Reading Time:about 12 minutes

    The NYSE American LLC has proposed a change to their options fee schedule, which involves continuing the waiver of some floor-based fixed fees. This extension is intended to assist market participants who have struggled to return to their normal operational levels on the trading floor due to COVID-19 restrictions. The fee waiver will help reduce monthly costs for firms affected by these disruptions until at least March 2021 or until the trading floor fully reopens. Additionally, this change aims to support fair competition and equitable fee allocation among its members.

    Simple Explanation

    The NYSE American is giving some businesses a break by not charging them certain fees while they try to get back to normal after COVID-19. This means these businesses won't have to pay as much money each month to keep going.

  • Type:Rule
    Citation:86 FR 6568
    Reading Time:about 17 minutes

    The Copyright Royalty Judges from the Library of Congress have amended regulations to revise how digital music providers pay for the costs of a mechanical licensing collective. This change aims to make the payment process fairer, particularly for smaller music licenses and download services, without altering the total fees. Starting in 2021, these fees will involve a flat rate for smaller licensees and those operating download stores, while larger users will face different rules. These amendments provide more flexibility and clarity in how these fees are allocated and paid.

    Simple Explanation

    Imagine there's a group in charge of giving out music stickers, and they decided to change how much everyone has to pay for them. They made it fairer so small sticker stores don't have to pay as much as big ones, starting in 2021.