Nasdaq PHLX LLC recently filed a proposed rule change with the Securities and Exchange Commission (SEC) to adjust certain fees based on inflation. This change impacts the Non-Display Enterprise License and PHLX Depth Data fees. The proposed amendments will take effect immediately but are set to be operational from January 1, 2025. The SEC invites the public to submit comments on the proposal by February 3, 2025, using specified electronic and paper submission methods.
Simple Explanation
Nasdaq PHLX wants to change how much some people pay for their services by adjusting prices due to inflation, like how things might cost more because of the economy. They asked for comments from people to see what they think about the changes.