Search Results for keywords:"fee adjustment"

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Search Results: keywords:"fee adjustment"

  • Type:Notice
    Citation:90 FR 14300
    Reading Time:about 23 minutes

    The Cboe C2 Exchange, Inc. has proposed a change to increase the monthly fee for 10 Gb physical connection ports from $7,500 to $8,500. This change is intended to help maintain and enhance their market technology and services and is still competitively priced compared to other exchanges. The proposed fee adjustment is justified by inflation and significant technological upgrades made by the Exchange since the current fee was set in 2018, which has improved the speed and capacity of their services. The proposal is filed under the regulations of the Securities Exchange Act of 1934, and public comments are invited on this change.

    Simple Explanation

    Cboe C2 Exchange wants to raise the price for special internet plugs used by companies to trade fast on their system from $7,500 to $8,500 a month, which they say is due to upgrades and inflation, and they invite people to share their thoughts about this change.

  • Type:Notice
    Citation:90 FR 700
    Reading Time:about 4 minutes

    The Financial Industry Regulatory Authority, Inc. (FINRA) has proposed a new rule to update fees under FINRA Rule 6897 related to the National Market System Plan's Consolidated Audit Trail for 2025. The updated fee, termed "CAT Fee 2025-1," will be $0.000022 per executed equivalent share. This fee adjustment aims to cover approximately half of the planned costs for 2025 and will replace the existing fee rate of $0.000035. The rule change is effective immediately and seeks public comments on its consistency with the Securities Exchange Act of 1934.

    Simple Explanation

    FINRA, which helps oversee how stocks are traded, wants to change the fee it charges companies when they trade shares, lowering it from $0.000035 to $0.000022 per share to help cover the costs of checking on trading activities. The change is happening right away, but some people are asking if the new amount is fair and if there will be clear information about the costs involved.

  • Type:Notice
    Citation:90 FR 1941
    Reading Time:about 18 minutes

    The Animal and Plant Health Inspection Service (APHIS) has announced new user fee rates for veterinary services related to imports and exports of live animals and animal products. These changes aim to ensure the fees cover the actual costs of providing services, as the program relies solely on these fees due to a lack of direct funding. Although some commenters supported the fee increases, many expressed concerns about the financial impact on businesses, customer service issues, and the abrupt nature of the changes. APHIS responded by emphasizing the necessity of the fee adjustment to maintain service availability and program solvency, while also committing to transparency regarding cost data and acknowledging stakeholder feedback.

    Simple Explanation

    The Animal and Plant Health Inspection Service (APHIS) is changing how much they charge for helping with animal exams and permits when animals travel. Some people are worried that the new prices might be too high and came out too quickly, but APHIS says they need the money to keep helping everyone.

  • Type:Rule
    Citation:89 FR 105381
    Reading Time:about 12 minutes

    The Agricultural Marketing Service (AMS) of the Department of Agriculture has issued a final rule confirming fee changes for official grain inspection and weighing services provided by the Federal Grain Inspection Service (FGIS). Originally set in an interim rule from June 2024, these fee revisions came into effect in July 2024 and have been finalized without changes. The fees aim to cover costs for mandatory services under the United States Grain Standards Act, which requires annual fee adjustments and maintaining a financial reserve. Despite acknowledging comments on the potential impact of these fees on grain marketing, AMS noted that the changes are necessary for the continued operation of inspection services, ultimately benefiting all participants by reflecting current service costs.

    Simple Explanation

    The government is updating the money rules for checking and weighing grains to make sure they cover the costs needed to do this important job. Even though some people are worried that this might make it harder to sell grain, the changes are to keep everything running smoothly.

  • Type:Notice
    Citation:90 FR 15492
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) announced that due to expected collections exceeding the planned budget of $2,188,658,000 for fiscal year 2025, the transaction fee rate under sections 31(b) and (c) of the Securities Exchange Act will be adjusted to $0.00 per million dollars. This adjustment comes into effect on May 14, 2025. The methodology for calculating the new fee rates, which were initially supposed to offset the SEC's appropriation by Congress, is detailed in the document's Appendix A. Despite financial calculations suggesting a negative fee rate, such a rate is not possible, so it has been rounded to zero.

    Simple Explanation

    The SEC collected more money than they needed, so they made the fee for dealing with large amounts of money into zero dollars, so it won't cost anything extra for those transactions for a while.