Cboe BZX Exchange, Inc. has proposed a rule change to amend its Market Data Fee Schedule by introducing a new fee waiver for Uncontrolled External Distributors. This proposal was filed with the Securities and Exchange Commission (SEC) and is designated for immediate effectiveness. The SEC is inviting public comments on the proposal, which can be submitted electronically or by mail. All comments must reference the file number SR-CboeBZX-2025-027 and should be submitted by March 21, 2025.
Simple Explanation
Cboe BZX Exchange wants to change how it charges for some data by giving a special break to certain companies that share this data. They're asking people to say what they think about this idea by March 21, 2025.