Type:Notice
Citation:90 FR 10958
Reading Time:about 3 minutes
Cboe BZX Exchange, Inc. has proposed a rule change to increase the entry fee for exchange-traded products (ETPs) to $10,000 per ETP. This proposed change was filed with the Securities and Exchange Commission (SEC) and is designated for immediate effectiveness. The SEC is seeking comments from the public on whether this rule change is consistent with the Securities Exchange Act of 1934. Interested parties can submit their comments online or by mail before March 21, 2025.
Simple Explanation
Cboe BZX Exchange wants to charge $10,000 to let a product trade on their market, and they are asking people what they think. People can share their thoughts online or by mail until March 21, 2025.