Nasdaq GEMX, LLC has proposed a rule change to increase its port fees in Options 7, Section 6.C, effective as of January 1, 2025. This proposal, filed with the Securities and Exchange Commission (SEC) on December 20, 2024, is marked for immediate effectiveness. The SEC has issued a notice seeking public comments on whether the proposed fee increase complies with the Securities Exchange Act of 1934. Interested individuals can submit their comments electronically or by mail, and the SEC will post all comments on its website.
Simple Explanation
Nasdaq GEMX wants to charge more money for using its system that deals with buying and selling options, starting in January 2025. The people in charge are asking everyone if they think this price change is fair, and anyone can tell them what they think by sending a letter or an email.