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The Securities and Exchange Commission (SEC) has granted Green Impact Exchange, LLC (GIX) approval to register as a national securities exchange. GIX will be responsible for its trading system's regulations and oversight, although some regulatory functions will be outsourced to the Financial Industry Regulatory Authority (FINRA) through a regulatory services agreement. The exchange will operate as an electronic trading platform without a physical trading floor, and its corporate governance and ownership structures align with industry standards to maintain independence and meet SEC requirements. Additionally, GIX plans to utilize technology provided by MEMX Technologies to facilitate trading operations while ensuring compliance with federal securities laws.

MIAX Emerald, a national securities exchange, has proposed a rule change to implement new fees, including a one-time membership application fee and testing and certification fees. The membership fee varies based on the applicant's role, with Electronic Exchange Members (EEMs) charged $2,500 and Market Makers $3,000, reflecting the greater complexity in evaluating Market Maker applications. Additionally, fees for Application Programming Interface (API) testing and Network Connectivity are being introduced to offset resources spent in the process. The fees are being structured to ensure they cover the costs incurred by the exchange, without imposing unfair discrimination among market participants.

The Securities and Exchange Commission (SEC) announced the fiscal year 2021 adjustments to transaction fee rates under Sections 31(b) and (c) of the Securities Exchange Act of 1934. These fee rates are applied based on the total dollar amount of sales of certain securities, either on a national securities exchange or through members of a national securities association. The new fee rate is set at $5.10 per million dollars starting February 25, 2021. This rate aims to cover the SEC’s annual budget of $1,926,162,000, as specified in the Consolidated Appropriations Act, 2021.

The Securities and Exchange Commission issued a notice about a proposed rule change by MIAX PEARL, LLC, which plans to amend Exchange Rule 200. This change will allow more broker-dealers to become Trading Permit holders by requiring membership in any national securities exchange rather than just options exchanges. The rule change aims to align MIAX PEARL's membership requirements with those of other exchanges, making it easier for broker-dealers to join while maintaining regulatory standards. The proposal has been made effective immediately to expand broker-dealer eligibility without delay, although the Commission reserves the right to suspend the change within 60 days if necessary.

Green Impact Exchange, LLC (GIX) has filed an amended application with the Securities and Exchange Commission (SEC) to be registered as a national securities exchange. The SEC is inviting the public to comment on GIX's modified proposal, which includes eliminating certain governance standards and allowing companies listed on other exchanges to also list on GIX, provided they meet specific requirements. GIX has updated its application to provide information on its leadership and changed legal jurisdiction for its agreements from New Jersey to New York. The public has until March 27, 2025, to submit comments.

The Securities and Exchange Commission has approved the application of 24X National Exchange LLC to register as a national securities exchange. 24X plans to operate an automated trading platform for trading listed stocks during extended hours, including overnight sessions on weekdays. The exchange will be supported by technology from MEMX Technologies and will use FINRA for certain regulatory functions. To protect investors, 24X must join several national market system plans and implement enhancements like customer risk disclosures before commencing operations.

OneChicago, LLC filed a notice with the Securities and Exchange Commission to withdraw as a national securities exchange for trading security futures products, effective September 30, 2020. They had decided to close the exchange after a strategic review, with the last trading day on September 18, 2020. The Securities and Exchange Commission (SEC) granted the withdrawal request, requiring OneChicago to maintain and produce certain records for five years. The Commodity Futures Trading Commission also vacated OneChicago's designation as a contract market, effective December 21, 2020.

On September 19, 2024, MX2 LLC applied to the Securities and Exchange Commission (SEC) for registration as a national securities exchange under the Securities Exchange Act of 1934. The company later submitted an amendment to its application on November 29, 2024. MX2 plans to operate an automated electronic trading platform without a physical trading floor, allowing broker-dealer members to trade NMS stocks. The SEC is seeking public comments on MX2's application to determine if it meets the necessary requirements and will decide whether to grant the registration based on these assessments.

Dream Exchange Holdings, Inc. has applied to the Securities and Exchange Commission (SEC) for registration as a national securities exchange under the Securities Exchange Act of 1934. The SEC is asking for public comments on Dream's proposal, which outlines how Dream plans to meet the legal requirements. Dream Exchange would operate an automated platform for trading stocks and would not have a physical trading floor. The public can view Dream's detailed application online and submit comments until April 17, 2025.

The Securities and Exchange Commission (SEC) has approved the application of MX2 LLC to become a national securities exchange. MX2 will operate similarly to the existing MEMX exchange but will not list new securities; instead, it will trade existing ones through unlisted trading privileges. The exchange will use automated systems with no physical trading floor and partner with the Financial Industry Regulatory Authority (FINRA) for regulatory functions. Several conditions accompany this approval, including joining specific national market system plans and forming regulatory agreements.