Search Results for keywords:"fee increase"

Cboe EDGX Exchange, Inc. has proposed a change to increase the monthly fees for their 10 Gb physical ports. This proposal was filed with the Securities and Exchange Commission (SEC) and has been designated for immediate effect. The SEC is now inviting public comments on whether this fee increase aligns with the requirements of the Securities Exchange Act of 1934. Interested parties can submit their thoughts electronically or by mail by March 19, 2025.

Cboe EDGX Exchange, Inc. has announced a proposed rule change to increase the monthly fee for 10 Gb physical port connections from $7,500 to $8,500. The increase is intended to keep the fees in line with inflation and the costs the exchange incurs to maintain and improve its technology and services. This fee applies uniformly to all market participants who use these high-capacity connections, and it remains lower than similar fees charged by other exchanges. The change is justified by enhancements made to the exchange's services, which have benefited users by improving the capacity and speed of data processing.

The Securities and Exchange Commission (SEC) has announced that The Nasdaq Stock Market LLC proposed a new rule, effective immediately, to increase its Membership and Regulatory, Registration, and Processing Fees. This is part of an amendment to its fee schedule under Sections 10 and 30 of Equity 7. The SEC is seeking public comments on this proposed change, and interested individuals can submit their opinions electronically or by mail before February 11, 2025. Details of the proposed rule change are available on both Nasdaq's and the SEC’s websites.

Nasdaq BX, Inc. has proposed a change to its fee schedule to increase the Membership Fee, specifically in Equity 7, Section 10. This proposal was filed with the Securities and Exchange Commission (SEC) on January 2, 2025, and has been designated for immediate effectiveness. The public is invited to submit comments on this proposed rule change by February 11, 2025, via the SEC's website or by email. All comments will be made publicly available on the Commission's website.

The Securities and Exchange Commission has announced that the Cboe BZX Exchange, Inc. filed a proposal on February 14, 2025, to increase the monthly fee for 10 Gb physical ports. This proposal is immediately effective as per certain rules in the Securities Exchange Act of 1934. The public is invited to submit comments on whether this rule change complies with the Act by March 27, 2025. More details and updates can be found on the SEC and Cboe websites.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. These ports are used by members and non-members to connect to the exchange. The increase is intended to help maintain and improve market technology and services, as well as keep fees in line with or lower than similar charges by other exchanges. The notice invites public comments and explains the rationale behind the fee change, such as inflation impacts and investments in technology improvements.

The Bureau of the Fiscal Service in the Department of the Treasury announced new and increased fees for surety and reinsuring companies. These fees apply to various certifications and renewals, including those for Complementary, Alien, and Admitted Reinsurers. The changes, justified by the costs of analyzing company applications and financials, are set to become effective on January 1, 2025. This fee adjustment is supported by laws allowing the government to charge for specific services that benefit companies.

The Securities and Exchange Commission published a notice about a proposed rule change by the Cboe EDGA Exchange to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The exchange believes the increase is reasonable due to inflation since 2018, investments made to enhance technology, and because the new fee is still competitive compared to other exchanges. The proposed rule change is aimed at maintaining and improving the exchange's services and infrastructure. Feedback from the public is invited, and all comments will be reviewed by the Commission.

The Securities and Exchange Commission (SEC) has announced that Cboe BZX Exchange, Inc. is proposing a change to its fee schedule related to the cost of 10 Gb physical ports used for connectivity to the exchange. The monthly fee for these ports will increase from $7,500 to $8,500, which Cboe argues is necessary to maintain and improve its market technology and is still competitive compared to other exchanges. The proposed change aims to account for inflation and additional investments in infrastructure and technology. Interested parties are invited to submit comments on the proposal to the SEC.

Cboe Exchange, Inc. proposed a temporary increase in its Options Regulatory Fee (ORF) from $0.0017 to $0.0023 per contract side, effective April 1, 2025, to cover more of its regulatory costs. The revenue from ORF helps pay for the regulation of customer trading activities, like monitoring and investigations. This increase will still keep ORF revenue below 75% of Cboe's total regulatory costs. The new rate is set to end on December 31, 2025, and the Exchange plans to explore a revised ORF model and possibly seek further adjustments in the future.