The Cboe BYX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) on January 24, 2025, to amend its fee schedule and introduce fees for "Dedicated Cores." The SEC has allowed this proposal to take effect immediately, but it is also seeking public comments about the change. Anyone interested in expressing their views can submit comments through the SEC's website or by email, ensuring they include the file number SR-CboeBYX-2025-001 in their submissions. The deadline for public comments is February 28, 2025.
Simple Explanation
The Cboe BYX Exchange wants to change their price list by adding new costs for something they call "Dedicated Cores," like charging for a special section of a computer. They're asking people to say what they think about this change by the end of February, but it's hard to tell what these new costs mean and how they affect everyone.