Search Results for keywords:"stock market"

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Search Results: keywords:"stock market"

  • Type:Notice
    Citation:90 FR 8554
    Reading Time:about 4 minutes

    The Nasdaq Stock Market LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to remove its requirement for board diversity disclosures. This move comes after a federal court overturned the SEC's previous order that had approved these rules. Nasdaq requested that the usual 30-day waiting period be waived so that the change could take effect immediately, in sync with the court's decision on February 4, 2025. The SEC is inviting the public to submit comments on this proposed rule change until February 20, 2025.

    Simple Explanation

    The Nasdaq Stock Market wants to stop telling companies they must have diverse boards, because a court said they don't have to anymore, and they want this change to happen right away. People can tell the SEC what they think about this until February 20, 2025.

  • Type:Notice
    Citation:90 FR 15287
    Reading Time:about 14 minutes

    The New York Stock Exchange (NYSE) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to adjust its fee structure. The proposal introduces a fee of $0.0030 per share for orders using the new Midpoint Ping routing strategy. This strategy helps direct trades to various NYSE-affiliated exchanges to find the best prices, but it is entirely optional for member organizations. The proposed fee change aims to balance competition and improve member organizations' access to liquidity in the stock market.

    Simple Explanation

    The New York Stock Exchange wants to change its pricing to add a new tiny fee for a special way of trading stocks so that they can find the best prices. This might help people buy and sell stocks more easily, but it's a bit tricky to understand how it will affect everyone.