Search Results for citation:"90 FR 8312"

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Search Results: citation:"90 FR 8312"

  • Type:Notice
    Citation:90 FR 8312
    Reading Time:about 2 minutes

    Nasdaq MRX, LLC has proposed a rule change to establish fees for its expanded co-location services, as filed with the Securities and Exchange Commission (SEC) on January 16, 2025. This proposal is designated for immediate effectiveness, and the public is invited to submit comments on whether it aligns with the Securities Exchange Act of 1934. Interested individuals can view the full details of the proposed rule change on Nasdaq's and the SEC's websites. Comments should be submitted to the SEC by February 18, 2025, referencing file number SR-MRX-2025-04.

    Simple Explanation

    Nasdaq MRX, a company that helps with buying and selling stocks, wants to start charging new fees for using its special computer services. People are invited to share their thoughts with the government by February 18, 2025, to make sure everything is fair and balanced.

  • Type:Notice
    Citation:90 FR 8312
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) announced that Nasdaq ISE, LLC (ISE) has submitted a proposed rule change on January 10, 2025. This rule change aims to set new fees for its expanded co-location services, allowing traders to place their trading equipment near ISE's servers for faster access. The SEC is inviting public comments on this proposal, and interested parties can submit their thoughts electronically through the SEC's website or by mail until February 18, 2025. This proposal has been designated for immediate effectiveness under U.S. securities law, although the SEC can delay its implementation if needed to protect investor interests.

    Simple Explanation

    Nasdaq wants to charge new fees so people's computers can be really close to their servers, making trading super fast. The SEC is letting people write in with their thoughts on this until mid-February, but they might pause the new fees if they think it's needed.