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The New York Stock Exchange LLC submitted a proposal to the Securities and Exchange Commission to amend its Equities Price List. The proposed changes include introducing a new Adding Credit Tier 7, revising the non-display credit for Supplemental Liquidity Providers, and updating the credit for adding non-displayed liquidity in certain securities. The changes are intended to take effect on January 2, 2025. The public is invited to comment on the proposal by February 4, 2025.

The Securities and Exchange Commission (SEC) has temporarily suspended a proposed rule change by NYSE Arca, Inc., which aimed to waive the Options Regulatory Fee (ORF) for December 2024 and resume it at the same rate in January 2025. The SEC will determine whether to approve or disapprove this proposal, asking for public comments to ensure that the changes meet legal requirements and are fair to all involved parties. The proposal is under scrutiny as it could potentially lead to unfair fee structures or competition discrepancies. The SEC invites comments and insights on this matter to aid in their decision-making process.

The Securities and Exchange Commission published a notice about a proposed rule change by the National Securities Clearing Corporation (NSCC). This proposal involves updating the Clearing Agency Investment Policy to enhance how different funds are managed and invested. Notably, these changes aim to segregate and independently manage funds from direct and indirect participants to comply with new regulatory requirements. The updates are designed to ensure the safeguarding of these funds and may involve using only safe investments like U.S. Treasuries for certain categories of funds.

The New York Stock Exchange (NYSE) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to adjust its fee structure. The proposal introduces a fee of $0.0030 per share for orders using the new Midpoint Ping routing strategy. This strategy helps direct trades to various NYSE-affiliated exchanges to find the best prices, but it is entirely optional for member organizations. The proposed fee change aims to balance competition and improve member organizations' access to liquidity in the stock market.

MIAX Emerald, LLC filed a proposed rule change with the Securities and Exchange Commission to remove outdated references to mini-options from its rulebook and update certain rule citations. The aim is to clarify the rules for the benefit of investors and to eliminate any potential confusion. The commission decided that the rule change could take effect immediately upon filing because it does not pose any novel regulatory issues. Public comments on the proposal are being solicited before February 20, 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.

NYSE Arca, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its "NYSE Arca Equities Fees and Charges" schedule. The amendment introduces a routing fee for the "Midpoint Ping" strategy, which allows market participants to route orders to other exchanges within the NYSE Group to access midpoint liquidity. The fee will be $0.0030 per share for securities priced at or above $1.00, or 0.30% of the dollar value for those priced below $1.00. The rule change is now effective, and the SEC is inviting public comments on this proposal until May 7, 2025.

The Cboe BYX Exchange, Inc. has proposed a rule change to increase the monthly fee for its 10 gigabit physical port connections from $7,500 to $8,500. This fee adjustment is intended to help the Exchange maintain and improve its technology infrastructure. The Exchange argues that the increased fee is still competitive compared to similar fees charged by other exchanges and that it has not changed this fee since 2018 despite inflation. The proposal is currently open for public comments, with a submission deadline of January 21, 2025.

Cboe Exchange, Inc. proposes to increase fees for its Legacy Silexx platform versions due to ongoing maintenance as they transition users to newer platform versions. The fee changes involve higher monthly rates for different platform versions; for example, the fee for the Basic version will increase from $500 to $625 per login. These platforms are optional tools for executing trades, and users can switch to other products if they find them more cost-effective. The Securities and Exchange Commission is accepting public comments on this proposal.

The Securities and Exchange Commission (SEC) is extending the deadlines for compliance with certain rules related to U.S. Treasury securities. These rules require covered clearing agencies to have policies ensuring that all eligible trades are submitted for clearing. The new compliance dates are December 31, 2026, for cash market transactions, and June 30, 2027, for repo transactions. This extension gives market participants more time to adjust to the changes without causing disruptions in the market.