Regulatory Alerts2019-10-11 | 2019-21770Added
Rescission of Effective-Upon-Filing Procedure for NMS Plan Fee Amendments
The Securities and Exchange Commission proposes to rescind the provision allowing national market system plan amendments establishing or changing fees to become effective immediately upon filing. This change would subject such proposed fee changes to the standard procedure requiring public comment and prior Commission approval before implementation. The action aims to ensure market participants have an opportunity to review and comment on substantial fee adjustments before they are charged.
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