Search Results for keywords:"Options Regulatory Fee"

The Nasdaq Stock Market LLC has filed a proposed rule change with the Securities and Exchange Commission to delay the implementation of a new Options Regulatory Fee (ORF) and its methodology. Initially set to start earlier, the new ORF will now be implemented on June 1, 2025, and will end on December 1, 2025. Additionally, Nasdaq plans to revert the ORF to the rate of $0.0016 per contract side, effective March 1, 2025. The Securities and Exchange Commission is inviting public comments on this proposed rule change until March 5, 2025.

The Securities and Exchange Commission has published a notice regarding a rule change proposed by NYSE American LLC. The exchange aims to modify its Options Fee Schedule by increasing the manual transaction fee for Specialists and e-Specialists from $0.30 to $0.50 per contract. Additionally, the exchange plans to remove outdated text about the Options Regulatory Fee and the NYSE FANG+ Index. The proposed changes are set to take immediate effect on March 7, 2025, and the public is invited to submit comments on the proposal until April 4, 2025.

The Securities and Exchange Commission (SEC) is reviewing a rule change proposed by NYSE American, LLC. The proposal suggests temporarily waiving the Options Regulatory Fee (ORF) for December 2024, aiming to prevent fee collections from exceeding regulatory costs. The fee would resume on January 1, 2025, at the same rate. The SEC temporarily suspended this proposal to allow more time for public feedback and further evaluation of its consistency with relevant laws and fairness in terms of fee allocation.

The Securities and Exchange Commission (SEC) has announced a proposed rule change by NYSE Arca, Inc. The rule aims to modify the fee schedule for options trading by increasing the fee for manual transactions executed by Lead Market Makers from $0.30 to $0.50 per contract and removing outdated text concerning the Options Regulatory Fee. This change will take effect on March 7, 2025, and the SEC is inviting public comments on this proposal until April 7, 2025. Interested parties can submit their views electronically or via mail, ensuring that their submissions are identified with the file number SR-NYSEARCA-2025-23.