Search Results for keywords:"regulatory filing"

Cboe BZX Exchange, Inc. has proposed a rule change to increase the entry fee for exchange-traded products (ETPs) to $10,000 per ETP. This proposed change was filed with the Securities and Exchange Commission (SEC) and is designated for immediate effectiveness. The SEC is seeking comments from the public on whether this rule change is consistent with the Securities Exchange Act of 1934. Interested parties can submit their comments online or by mail before March 21, 2025.

The Securities and Exchange Commission has been notified by Cboe Exchange, Inc. about a proposed rule change to allow the listing of options on Commodity-Based Trust Shares. This change aims to make listing these options more efficient and competitive, aligning them with existing rules for other ETFs without needing additional approvals. The proposal is part of ongoing efforts by options exchanges to expand trading opportunities and improve market competition, which can result in better investment options for the public. Comments from the public are invited, with a deadline mentioned for submissions.

Nasdaq PHLX LLC, known as the Exchange, has filed a proposal with the Securities and Exchange Commission (SEC) to delay the implementation of a new Options Regulatory Fee (ORF) and its accompanying methodology. This delay pushes the start of the new ORF to June 1, 2025, and it will end on December 1, 2025. Additionally, starting March 1, 2025, the Exchange plans to revert its ORF to $0.0034 per contract side. The SEC is inviting public comments on this proposal, which aims to ensure the change aligns with regulations.

MIAX Sapphire, LLC has filed a proposal with the Securities and Exchange Commission (SEC) to amend its fee schedule for accessing the MIAX Sapphire Options Exchange's testing systems environment via a dedicated cross connection. This proposal includes a monthly fee of $1,000 for both 1Gb and 10Gb connections, which is voluntary for market participants, who can also choose to access it for free through a virtual private network (VPN). The aim is to provide a reliable environment for testing software and other system functionalities before live trading, with the proposal effective from December 1, 2024. The change is designed to be fair and consistent with industry standards, taking into account competition as 18 U.S. options exchanges compete for market share.

The Cboe C2 Exchange, Inc. has submitted a proposal to increase fees for 10 gigabit (Gb) physical ports from $7,500 to $8,500 per month. This change is intended to help maintain and improve the Exchange's technology and services. The Exchange argues that the increase is justified due to inflation and significant investments made to enhance service quality. The new fee structure will apply uniformly to all users and allows them to access multiple affiliated exchanges without additional costs.