Regulatory Alerts2024-12-24 | Information Notice - 12/24/24Added · Updated
Completion of Prospective CAT Cost Recovery Fee 2024-1
FINRA amends Rule 6897(b) to implement the Prospective CAT Cost Recovery Fee 2025-1, authorizing the recoupment of its designated portion of Consolidated Audit Trail costs for the period January 1, 2025, through December 31, 2025. The rule imposes a fee of $0.000011 per executed equivalent share on member CAT Executing Brokers for off-exchange transactions in Eligible Securities. FINRA will issue monthly invoices starting in February 2025 for January transactions, with the fee remaining in effect until superseded by a subsequent fee filing.
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