Search Results for keywords:"fees"

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Search Results: keywords:"fees"

  • Type:Notice
    Citation:89 FR 97122
    Reading Time:about 16 minutes

    Nasdaq PHLX LLC has proposed a new rule to establish fees for expanded co-location services at its data center in Carteret, NJ, as filed with the Securities and Exchange Commission. The proposal introduces a range of fees for new Ultra High Density Cabinets, cabinet installation, and power distribution units (PDUs) in the expanded facility, known as NY11-4. These changes are intended to reflect the costs and operational efficiencies of supporting higher density power options. The fees, which are consistent with market rates, are meant to cover the increased costs and provide flexibility for customers in managing their connections to the exchange.

    Simple Explanation

    Nasdaq PHLX LLC wants to charge new fees for using special storage spaces and equipment at their New Jersey data center to help with their computer connections. They say these fees are fair, but some people are worried it might be hard to tell if they are too high or if there are other choices that might be better.

  • Type:Notice
    Citation:90 FR 8069
    Reading Time:about 3 minutes

    Nasdaq PHLX LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to establish fees for industry members related to the Consolidated Audit Trail (CAT) costs for 2025. The rule change was filed on January 2, 2025, and is designed to be effective immediately. Interested parties are invited to submit comments about this proposal through the SEC's website by February 13, 2025. The proposal and information about it can be viewed on both the Exchange’s and the SEC’s websites.

    Simple Explanation

    Nasdaq wants to charge some companies money to help pay for a tracking system that watches stock trades, and they are asking people to share what they think about it on the government's website.

  • Type:Notice
    Citation:90 FR 8315
    Reading Time:about 3 minutes

    Nasdaq PHLX LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce fees for its expanded co-location services. The rule change takes immediate effect, as allowed under specific provisions of the Securities Exchange Act. The SEC seeks public comments on this proposal, encouraging people to submit their views, data, and arguments concerning it. This feedback can be submitted through the SEC’s website or by mail, with all comments publicly accessible online.

    Simple Explanation

    Nasdaq PHLX LLC wants to charge money for a special service that helps computers talk faster. The decision is quick and the government is asking people to say what they think about it.

  • Type:Notice
    Citation:89 FR 97086
    Reading Time:about 16 minutes

    Nasdaq MRX, LLC has proposed a new rule to establish fees for its expanded co-location services in its data center in Carteret, NJ. The expansion includes new options like Ultra High Density Cabinets, with fees based on their power capacity. The changes also introduce installation fees for cabinets and power distribution units, reflecting increased costs and enhanced features in the new data center area. The Securities and Exchange Commission is reviewing these proposals and invites the public to comment on them.

    Simple Explanation

    Nasdaq MRX wants to add new options for placing their computer equipment in a special building and charge fees for this. The changes include higher fees for new, more powerful cabinets, and they want people to know and talk about it before it happens.

  • Type:Notice
    Citation:89 FR 97119
    Reading Time:about 17 minutes

    The Securities and Exchange Commission published a notice about a new rule proposed by The Nasdaq Stock Market LLC to set fees for expanded co-location services at its data center. The rule involves introducing a new type of cabinet, called the Ultra High Density Cabinet, and various power and power distribution units, each with specific fees. The purpose of these changes is to respond to increasing demand and to facilitate operational efficiencies in their data center. The Nasdaq Stock Market ensures that these services and fees will be uniformly available to all customers and does not expect any unfair competitive impacts from the proposal.

    Simple Explanation

    Nasdaq is planning to charge for new technology at their data center that helps them run better and faster, making sure everyone pays the same price without being unfair. Some people worry the prices might be too high and hard to understand, kind of like when you can't see how an item is priced at a store.

  • Type:Notice
    Citation:90 FR 8312
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) announced that Nasdaq ISE, LLC (ISE) has submitted a proposed rule change on January 10, 2025. This rule change aims to set new fees for its expanded co-location services, allowing traders to place their trading equipment near ISE's servers for faster access. The SEC is inviting public comments on this proposal, and interested parties can submit their thoughts electronically through the SEC's website or by mail until February 18, 2025. This proposal has been designated for immediate effectiveness under U.S. securities law, although the SEC can delay its implementation if needed to protect investor interests.

    Simple Explanation

    Nasdaq wants to charge new fees so people's computers can be really close to their servers, making trading super fast. The SEC is letting people write in with their thoughts on this until mid-February, but they might pause the new fees if they think it's needed.

  • Type:Notice
    Citation:86 FR 8419
    Reading Time:about 7 minutes

    The Securities and Exchange Commission (SEC) has released a notice concerning an application by The Advisors' Inner Circle Fund and Pathstone Family Office, LLC. They are seeking an exemption from certain regulations under the Investment Company Act of 1940 to allow hiring and replacing sub-advisers without shareholder approval. This would also grant relief from some disclosure rules related to fees paid to these sub-advisers. The goal is to streamline the process and reduce unnecessary delays and costs for the funds involved.

    Simple Explanation

    Imagine a club that wants to hire or change helpers without asking everyone in the club for a vote each time. This notice is about a group asking to do just that, and they're also asking to keep some payment details private to make decisions faster and cheaper, but some people might feel left out or confused.

  • Type:Notice
    Citation:89 FR 97083
    Reading Time:about 17 minutes

    Nasdaq BX, Inc., a self-regulatory exchange, has proposed new fees for expanding its co-location services in its NY11-4 data center. These fees cover monthly charges for new "Ultra High Density Cabinets," installation fees for these and other cabinet types, and fees for power and power distribution options. The exchange justifies the fees as reasonable and consistent with market rates, offering flexible choices to customers, who may opt for third-party providers if they prefer. The Securities and Exchange Commission is accepting public comments on this proposal until December 27, 2024.

    Simple Explanation

    Nasdaq BX wants to charge new fees for special "super strong boxes" and power services in their building to help companies keep their computers closer to each other for quicker data sharing. They ask if these prices are fair and invite people to share their thoughts until December 27, 2024.

  • Type:Notice
    Citation:90 FR 8315
    Reading Time:about 3 minutes

    Nasdaq GEMX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish new fees for its expanded co-location services. The filing was made effective immediately, and the SEC is seeking public comments on this proposal. Interested parties can submit their comments through the SEC's website or via email, ensuring that they mention the file number SR-GEMX-2025-04 in their correspondence. The deadline for comments is February 18, 2025.

    Simple Explanation

    Nasdaq GEMX wants to charge new fees for some special services they offer to put computers really close together for faster communication, and they want to know what people think about this idea. People can share their thoughts with a special group, the SEC, until February 18, 2025.

  • Type:Notice
    Citation:90 FR 2042
    Reading Time:about 4 minutes

    NYSE American LLC has filed a proposed rule change with the Securities and Exchange Commission to set up fees for industry members linked to the Consolidated Audit Trail (CAT) costs for 2025. The fee, known as CAT Fee 2025-1, will be $0.000022 per executed equivalent share and will replace the existing higher fee. These fees aim to cover about half of the planned CAT costs for the year. The proposal is available on the SEC website, and comments from the public are invited.

    Simple Explanation

    The people who run the NYSE American stock exchange want to change how much they charge companies to help pay for a big system that keeps track of all stock trades. The new fee will be a bit cheaper than the old one, and it helps cover the costs of this tracking system, but how it's decided isn't very clear.

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