Search Results for keywords:"security futures products"

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Search Results: keywords:"security futures products"

  • 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.

  • Type:Notice
    Citation:90 FR 12015
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) is asking for public comments on the current information collection required by Rule 6h-1 under the Securities Exchange Act of 1934. This rule involves the listing standards for national securities exchanges and associations trading in security futures products, focusing on preventing price manipulation and coordinating trading halts. Public feedback is sought on the necessity, efficiency, and burden of this information collection, and comments can be submitted by May 12, 2025. This process is part of the SEC's efforts to continue complying with the Paperwork Reduction Act of 1995.

    Simple Explanation

    The SEC is asking people to share their thoughts about a rule that helps stop cheating when stocks tied to future prices are traded. They want to know if this rule is helpful and if it takes too much work or money to follow it.