Search Results for keywords:"public comments invited"

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Search Results: keywords:"public comments invited"

  • Type:Notice
    Citation:90 FR 4820
    Reading Time:about 3 minutes

    The Long-Term Stock Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to modify its fee schedule for transactions involving stocks priced under $1.00, known as "Sub-Dollar Securities." This change, submitted on December 27, 2024, is intended to take effect immediately and became operational starting December 12, 2024. The SEC is inviting public comments on this proposed rule change by February 6, 2025. More details on the proposal can be found on both the Exchange’s and SEC’s websites.

    Simple Explanation

    The Long-Term Stock Exchange wants to change how much it charges when people buy or sell stocks costing less than $1.00, and they told the government about this change. They want people to share their thoughts about it, but the reasons for the change and what exactly will change aren't very clear.

  • Type:Notice
    Citation:90 FR 8419
    Reading Time:about 5 minutes

    MIAX Sapphire, LLC proposed changes to its By-Laws, which include removing the need for a Compensation Committee, adjusting how compensation and personnel actions for the Chief Regulatory Officer and senior staff are determined, and updating its Quality of Markets Committee's focus to the Trading Floor operations. These changes also streamline officer and employee compensation determinations, with an exception for the Chief Regulatory Officer. The Securities and Exchange Commission is inviting public comments on these proposed changes until February 19, 2025.

    Simple Explanation

    MIAX Sapphire wants to change some rules about how they handle important job roles and pay, like not needing a special group to decide on pay and focusing on how their work happens on the trading floor. People can share what they think about these changes until February 19, 2025.