On March 6, 2025, The Nasdaq Stock Market LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) concerning adjustments to transaction fees at specific sections of their regulations. This change, which the Exchange intends to implement immediately, affects fees associated with the Nasdaq Report Center and the Equity Trade Journal for Clearing Firms. The SEC is inviting the public to submit comments on this proposed rule change, which are due by April 8, 2025, and can be submitted either electronically or on paper. The details of the proposal are available on both Nasdaq's and the SEC's websites.
Simple Explanation
The Nasdaq Stock Market wants to change some fees it charges for specific services, and they told the people in charge (the SEC) about it. Now, they are asking people to share their thoughts on these changes by April 8, 2025.