Search Results for keywords:"implementation delay"

Found 6 results
Skip to main content

Search Results: keywords:"implementation delay"

  • Type:Notice
    Citation:90 FR 9268
    Reading Time:about 3 minutes

    Nasdaq GEMX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to delay implementing its new Options Regulatory Fee (ORF) and methodology. Originally outlined in SR-GEMX-2024-42, the changes will now take effect on June 1, 2025, and end on December 1, 2025. This filing, SR-GEMX-2025-05, replaced a previous filing that was withdrawn. The SEC is inviting public comments on this proposed rule change to ensure it aligns with the Securities Exchange Act of 1934.

    Simple Explanation

    Nasdaq GEMX, a company that helps people trade options, is waiting a little longer to start using a new way to collect money for their rules, from June to December of 2025, to make sure everything is done right. The people in charge of keeping things fair, called the SEC, want to know what everyone thinks about this plan.

  • Type:Rule
    Citation:90 FR 10464
    Reading Time:about 2 minutes

    The Federal Transit Administration (FTA) has announced that it will not enforce the regulations of the State Safety Oversight final rule, which was published on October 18, 2024, until March 20, 2025. This decision aligns with the President's memorandum titled β€œRegulatory Freeze Pending Review,” which suggests delaying rules to ensure they align with current laws and policies. The rule aims to implement new safety requirements from the Infrastructure Investment and Jobs Act and streamline notification processes. This pause allows time for a thorough review to confirm their compliance with legal and administrative principles.

    Simple Explanation

    The Federal Transit Administration is taking a break from following new train safety rules until March 2025 to make sure everything is correct and safe, like checking if all the puzzle pieces fit nicely before playing the game.

  • Type:Notice
    Citation:90 FR 9450
    Reading Time:about 3 minutes

    The Nasdaq Stock Market LLC has filed a proposed rule change with the Securities and Exchange Commission to delay the implementation of a new Options Regulatory Fee (ORF) and its methodology. Initially set to start earlier, the new ORF will now be implemented on June 1, 2025, and will end on December 1, 2025. Additionally, Nasdaq plans to revert the ORF to the rate of $0.0016 per contract side, effective March 1, 2025. The Securities and Exchange Commission is inviting public comments on this proposed rule change until March 5, 2025.

    Simple Explanation

    Nasdaq is changing a fee they charge for trading options, and they decided to wait a little longer before starting the new changes. They want to hear what people think about this change until early March.

  • Type:Notice
    Citation:90 FR 9269
    Reading Time:about 3 minutes

    Nasdaq BX, Inc. has filed a proposed rule change with the Securities and Exchange Commission to delay the implementation of a new Options Regulatory Fee (ORF) and its methodology, originally proposed in SR-BX-2024-054. This delay means the new fee and its methodology will now take effect on June 1, 2025, and will end on December 1, 2025. The proposal is immediately effective, and the public is invited to submit comments about it by March 3, 2025. For more details, the proposal is available on both Nasdaq BX's and the SEC's websites.

    Simple Explanation

    Nasdaq BX, Inc. wants to wait a bit longer before starting a new way to charge a fee for trading options, so now they plan to start on June 1, 2025, and stop on December 1, 2025. They want people to say what they think about this change and you can see more details on their website.

  • Type:Notice
    Citation:90 FR 9451
    Reading Time:about 3 minutes

    Nasdaq PHLX LLC, known as the Exchange, has filed a proposal with the Securities and Exchange Commission (SEC) to delay the implementation of a new Options Regulatory Fee (ORF) and its accompanying methodology. This delay pushes the start of the new ORF to June 1, 2025, and it will end on December 1, 2025. Additionally, starting March 1, 2025, the Exchange plans to revert its ORF to $0.0034 per contract side. The SEC is inviting public comments on this proposal, which aims to ensure the change aligns with regulations.

    Simple Explanation

    Nasdaq PHLX is asking for more time before starting a new fee for options trading that was supposed to begin soon. They plan to charge a small amount, $0.0034, each time someone trades an option, and want to make sure everything is set up right before it starts.

  • Type:Notice
    Citation:90 FR 9350
    Reading Time:about 3 minutes

    Nasdaq ISE has filed a proposed rule change with the Securities and Exchange Commission (SEC) to delay the implementation of changes to their Options Regulatory Fee (ORF). Originally set to take effect earlier, the new ORF and its methodology will now be implemented on June 1, 2025, and will last until December 1, 2025. The SEC is inviting comments from the public concerning this proposed change, and submissions should be made by March 4, 2025. Interested parties can provide feedback through the SEC's online comment form or via email.

    Simple Explanation

    Nasdaq ISE, a big company involved in the buying and selling of options, wants to change a fee they charge to help pay for keeping everything fair and safe. They need more time to make this change, so they're asking to delay it until June 2025, and want to know what people think about this plan by March 4, 2025.