Search Results for citation:"86 FR 6719"

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Search Results: citation:"86 FR 6719"

  • Type:Notice
    Citation:86 FR 6719
    Reading Time:about a minute or two

    NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Teucrium Water Fund under a specific NYSE Arca rule. This proposal was published on December 14, 2020, and as of now, the SEC has not received any public comments. Originally, the SEC had 45 days to make a decision, which would have been by January 28, 2021. However, the SEC has extended the deadline to March 14, 2021, to allow more time to consider the proposal.

    Simple Explanation

    NYSE Arca, a company that manages stock trading, asked permission from a big boss group called the SEC to start trading parts of a special water fund. The SEC is taking more time until March to decide about it, so they can think about it more carefully.

  • Type:Notice
    Citation:86 FR 6719
    Reading Time:about 30 minutes

    The Cboe EDGX Exchange, Inc. has filed a notice with the Securities and Exchange Commission about changes it is proposing to the fees associated with its EDGX Top Feed data product. These changes include an increase in fees for internal distribution of the data from $500 to $750 per month and the introduction of a $4 monthly fee for each professional user accessing the data internally. The Exchange argues that these fees are competitive when compared to similar products by other exchanges and that this change aligns with their goal of providing valuable market data while operating in a competitive environment. The proposed rule change has taken effect and is open for public comments.

    Simple Explanation

    The Cboe EDGX Exchange wants to charge more money for a special kind of on-screen number information. Now, they want people in big offices to pay more each month and also want to charge anyone else who uses this new information.