Search Results for keywords:"immediate effectiveness"

The Investors Exchange LLC has proposed a new rule regarding the pricing of transactions for securities priced under $1.00. The proposed changes include offering a rebate of 0.15% for orders adding liquidity and raising the fee to 0.15% for orders removing liquidity. These changes are set to be effective immediately and operational by January 1, 2025. The Securities and Exchange Commission is inviting public comments on these proposed changes until January 29, 2025.

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 This change involves increasing port fees and removing outdated language from their Price List.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.

The Options Clearing Corporation, a self-regulatory organization, filed a proposed rule change with the Securities and Exchange Commission on January 17, 2025. The changes involve updating the Corporation's Risk Management Framework, Corporate Risk Management Policy, and Default Management Policy to align better with current practices and enhance internal governance clarity. These updates have been designated for immediate effect and are not expected to impact the Clearing Members or other market participants. The Commission is soliciting public comments on the proposal until February 21, 2025.

The New York Stock Exchange LLC has filed a proposed rule change with the Securities and Exchange Commission to increase port fees starting March 3, 2025. This change has been marked for immediate effectiveness. The public is invited to submit comments on this proposal by April 4, 2025, using the Commission's internet comment form or by email. All comments will be available on the SEC's website.

Nasdaq PHLX LLC submitted a rule change to the Securities and Exchange Commission (SEC), seeking to update and clarify the Phlx Rules related to options trading. The changes include updates to definitions, rules on market maker obligations, order types, and how certain orders like All-or-None Orders are processed. The purpose of these amendments is to ensure accuracy and clarity in the rules, improve transparency for market participants, and ensure the trading system operates in line with its current functionality. The proposed changes have been filed for immediate effectiveness, meaning they can be implemented without a 30-day waiting period, as they do not significantly affect investor protection or impose a burden on competition.

MIAX Sapphire, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) that aims to amend its fee schedule for certain proprietary market data feeds. These are the MIAX Sapphire Top of Market, Complex Top of Market, and Liquidity Feed. The rule change has been designated for immediate effectiveness, and the SEC is seeking public comments on the proposal. People interested in sharing their opinions can submit comments electronically or by mail by February 28, 2025.

The Securities and Exchange Commission has received a proposed rule change filing from Cboe EDGA Exchange, Inc. The proposal, submitted on December 20, 2024, suggests updating the fee schedule associated with the "Consolidated Audit Trail Funding Fees" to a rate of $0.000022 per executed equivalent share. Interested parties are encouraged to submit their comments through the SEC's online platform or by mail, with all submissions due by January 27, 2025. The proposal is under the immediate effectiveness category pursuant to certain sections of the Securities Exchange Act of 1934.

The Securities and Exchange Commission (SEC) received a proposed rule change from NYSE National, Inc. on March 5, 2025, intending to adjust rules 7.31, 7.37, and 7.44. These amendments would allow optional routing strategies for specific orders on the exchange. The Commission has approved the change to be active immediately, bypassing the typical 30-day wait period, as it is deemed beneficial for investors and the public interest. The SEC is inviting public comments until April 7, 2025, regarding whether this proposed change aligns with the aims of the Securities Exchange Act of 1934.

The Cboe BYX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) on January 24, 2025, to amend its fee schedule and introduce fees for "Dedicated Cores." The SEC has allowed this proposal to take effect immediately, but it is also seeking public comments about the change. Anyone interested in expressing their views can submit comments through the SEC's website or by email, ensuring they include the file number SR-CboeBYX-2025-001 in their submissions. The deadline for public comments is February 28, 2025.

The Cboe BZX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to allow the listing of options for certain Exchange-Traded Funds (ETFs) that hold precious metals like gold and silver. The SEC has decided to let this rule become effective immediately as it doesn't significantly impact investor protection or competition and aligns with existing practices on other exchanges. The public is invited to submit comments on this rule change until February 20, 2025.