Search Results for keywords:"Rule 19b-4"

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Search Results: keywords:"Rule 19b-4"

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  • 2025-02889 — Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Exchange's Fee Schedule To Adopt a Tape A Quoting Tier
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    Type:Notice
    Citation:90 FR 10104
    Reading Time:about 3 minutes

    MEMX LLC, a stock exchange, submitted a proposal to the Securities and Exchange Commission (SEC) to change its fee schedule. The proposal details a new Tape A Quoting Tier, which offers an extra rebate for certain trading activities on the exchange. This change took effect immediately, and the SEC invites public comments on the proposal by March 14, 2025. All relevant information and comments related to this rule change are available on the SEC's website.

    Simple Explanation

    MEMX, a stock market, made a quick change to their fee rules to give a bit more money back to people who do certain kinds of trading with them, and they want people to tell them what they think about it by March 14, 2025.

  • 2021-03725 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule
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    Type:Notice
    Citation:86 FR 11372
    Reading Time:about 17 minutes

    The Cboe BZX Exchange, Inc. has proposed a rule change to update its Fee Schedule for its equities trading platform. The main update involves introducing a new rebate program called the LMM Add Liquidity Rebate, aimed at incentivizing Lead Market Makers (LMMs) to enhance market quality by providing liquidity in higher volume BZX-listed securities. To qualify for this rebate, securities must meet a specific average daily volume threshold. Additionally, there are some minor updates like renumbering paragraphs in the Fee Schedule and removing a rarely used Market Depth Tier. The U.S. Securities and Exchange Commission is seeking comments from the public on these proposed changes.

    Simple Explanation

    The Cboe BZX Exchange wants to change how they reward special helpers, called Lead Market Makers, who make it easier for people to buy and sell popular stocks. They plan to give these helpers more money if the stocks they help with are traded a lot.