Type:Notice
Citation:90 FR 11197
Reading Time:about 3 minutes
The Securities and Exchange Commission has announced that MIAX PEARL, LLC has filed a proposed rule change to update the fee schedule for its options exchange. This change introduces new fee categories for its proprietary market data feeds, the "Top of Market" and "Liquidity" feeds. The proposal has been marked for immediate effectiveness, and the SEC is seeking public comments on this change. Comments should be submitted by March 25, 2025.
Simple Explanation
The government wants to change the prices people pay to see special numbers about buying and selling on a stock exchange. They haven't told us much about the new prices, but they want people to say what they think by March 25, 2025.