Search Results for keywords:"CAT costs"

MEMX LLC has filed a new rule proposal with the Securities and Exchange Commission to set fees for industry members that will fund the National Market System Plan for the Consolidated Audit Trail (CAT) in 2025. The proposed fee, called CAT Fee 2025-1, is set at $0.000022 per executed share and will be collected from executing brokers starting February 2025, based on January 2025 transactions. This new fee intends to cover about half of the costs for 2025 and will replace the previous year’s CAT Fee 2024-1, which was slightly higher. The public is invited to comment on this proposed rule change by January 27, 2025.

MIAX PEARL, LLC, a self-regulatory organization, has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish a new fee structure related to the Consolidated Audit Trail (CAT) costs for 2025. These fees will be charged to industry members and are set at a rate of $0.000022 per executed equivalent share. The new fee, called CAT Fee 2025-1, will replace the previous CAT Fee 2024-1 and is scheduled to be in effect for six months, aiming to cover half of the budgeted CAT costs for the year. The SEC is inviting public comments on this proposal until February 6, 2025.

The Cboe BZX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its fee schedule for the "Consolidated Audit Trail Funding Fees," setting the new fee rate at $0.000022 per executed equivalent share. This change was filed under Section 19(b)(1) of the Securities Exchange Act of 1934, and the Exchange has designated the proposal for immediate effectiveness. The SEC is inviting comments from the public on this proposal. Comments can be submitted online or by mail, but they must refer to the specific file number SR-CboeBZX-2024-130 and be sent by January 27, 2025.