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.