Federal Register #SRCboeEDGA2026011

SEC Notice: Proposed Rule Change to Cboe EDGA Exchange Fees Schedule and Definitions

This notice from the Securities and Exchange Commission (SEC) details a proposed rule change by Cboe EDGA Exchange, Inc. regarding its Fees Schedule and definitions: - Government Buyer: - Securities and Exchange Commission (SEC) - Cboe EDGA Exchange, Inc. is the subject of the rule change - OEMs and Vendors: - Cboe EDGA Exchange, Inc. (primary entity affected) - Cboe C2 Exchange, Inc. (referenced in context) - Products/Services Requested: - No direct procurement of products or services; the notice concerns regulatory changes - Amendments to the Fees Schedule for market data usage - Codification of a user fee exemption for Controlled Distributors using market data for permitted purposes (e.g., software development, QA, testing, sales support, technical monitoring) - Update to the definition of Non-Display Usage to include facilitation of access and clarify that usage must not be solely for display to a natural person - Unique/Notable Requirements: - Exemption from Display Usage fees for Controlled Distributors under specific permitted uses - Expanded and clarified definition of Non-Display Usage for market data - No procurement of hardware, software, or services; this is a regulatory/fee structure change

Description

This notice concerns a proposed rule change filed by Cboe EDGA Exchange, Inc. The proposed rule change seeks to amend its Fees Schedule to codify a user fee exemption and amend the definition of non-display usage. The exemption applies to Controlled Distributors for specific permitted purposes such as software development and testing, exempting them from Display Usage fees. The amendment to the definition of Non-Display Usage aims to include facilitation of access and clarify that the purpose must not be solely in support of display for a natural person.

View original listing