Search Results for keywords:"immediate effectiveness"

Nasdaq BX, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its pricing schedule related to rebates for contract executions that trigger an order exposure alert. This rule change was filed on February 3, 2025, and has been designated for immediate effectiveness. The Commission is seeking comments from the public on whether this proposed rule change aligns with the Securities Exchange Act of 1934. Comments can be submitted electronically on the SEC's website or by mail, and should reference the file number SR-BX-2025-007.

The New York Stock Exchange (NYSE) has proposed amendments to Rule 346, which outlines the process by which a broker-dealer can remain a member even if they are subject to a statutory disqualification. This change aims to align NYSE rules with those of other exchanges and clarify procedures in situations where membership applications involve such disqualifications. The SEC must review this proposal, which includes a provision for immediate effect to address a time-sensitive case. The public is invited to comment on these proposed changes.

The NYSE American LLC filed a proposed rule change with the Securities and Exchange Commission (SEC) on March 3, 2025. This change involves increasing port fees and removing outdated language from their Price List. The proposal is immediately effective, but the SEC is seeking comments from the public on whether the change aligns with the Securities Exchange Act of 1934. Comments can be submitted online or by mail until April 4, 2025.

Cboe EDGA Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its Fee Schedule by adjusting the rates related to adding and removing liquidity for securities priced below $1.00. This proposal was submitted on February 3, 2025, and has been designated for immediate effectiveness. The Commission is inviting public comments on the proposal until March 13, 2025, and all submissions will be available on its website.

MIAX Sapphire, LLC has proposed a new rule to the Securities and Exchange Commission (SEC) that involves changes to its Fee Schedule. The proposal would set a fee for market participants who want to use a dedicated cross connection to access MIAX Sapphire's testing systems environment. This proposal has been categorized for immediate effectiveness, and the SEC is seeking public comments on it until April 8, 2025. Interested individuals can submit their comments electronically or through mail to ensure they are considered by the SEC.

On March 3, 2025, NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934. This change aims to increase the port fees and remove the discount for open outcry port fees. The proposal has been designated for immediate effectiveness, and the SEC is seeking comments from the public until April 4, 2025. Details about the rule change can be found on the NYSE and SEC websites, and the public is encouraged to share their views without including personal information.

MEMX LLC, a self-regulatory organization, has proposed a rule change to amend its fee schedule by removing an expired criterion from Liquidity Provision Tier 2. The Securities and Exchange Commission (SEC) has acknowledged this proposal, which was filed on December 20, 2024, and will implement the changes on January 1, 2025. The SEC is seeking public comments on the proposed rule change, and interested individuals can submit their feedback electronically or by mail by January 31, 2025. All comments will be publicly available on the SEC's website.

The New York Stock Exchange LLC (NYSE) has proposed a rule change to amend its Price List by introducing fees for Directed Orders that the Exchange routes to an algorithm. This rule change, which NYSE filed on February 27, 2025, with the Securities and Exchange Commission (SEC), is designated for immediate effect starting March 3, 2025. The SEC is inviting the public to submit comments on this proposal until April 4, 2025, and comments can be submitted through various online platforms or by mail. The SEC will review all comments and decide whether the proposed rule should be approved or not.

The Nasdaq Stock Market LLC has filed a proposed rule change to raise fees for specific port types in its Options Market rules, specifically the Specialized Quote Feed (SQF) Ports and SQF Purge Ports. The rule change was submitted with the Securities and Exchange Commission (SEC) on December 20, 2024, and has been classified for immediate effect, with the rule to be operational starting January 1, 2025. The SEC is inviting public comments on this proposal, which can be submitted via its website or by mail. The proposal aims to adjust Nasdaq’s port pricing and has been discussed in detail on both Nasdaq and SEC websites.

The Securities and Exchange Commission has announced that NYSE Arca, Inc. filed a proposed rule change to amend their Equities Fees and Charges, specifically introducing a new Tier 6 and adopting Tiers 1, 2, and 3 under the new Sub-Dollar Adding Tiers pricing table. This proposal was filed on December 20, 2024, and is designated for immediate effectiveness. The public is invited to submit comments on this proposal, with a deadline of January 31, 2025. Comments can be submitted electronically via the SEC's website or by mail.