Federal Register #SR-NYSEARCA-2026-40

SEC Proposed CAT Fee Structure for Industry Members (NYSE Arca, Inc.)

This opportunity concerns the Securities and Exchange Commission's (SEC) notice of a proposed rule change by NYSE Arca, Inc. to establish new fees for industry members to fund the Consolidated Audit Trail (CAT) for part of 2026. - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors: - Amazon Web Services, Inc. (cloud hosting) - Algoseek, LLC (market data) - WilmerHale (legal services) - Jenner (legal services) - Deloitte (consulting services) - Anchin (professional/administration services) - Grant Thornton (professional/administration services) - Products/Services Requested: - Cloud hosting services for CAT (Amazon Web Services, Inc.) - Market data services for CAT (Algoseek, LLC) - Legal services for CAT (WilmerHale, Jenner) - Consulting services for CAT (Deloitte) - Professional and administration services for CAT (Anchin, Grant Thornton) - CAT Fee 20261: $0.000001 per executed equivalent share, invoiced monthly to industry members - Notable Requirements: - Fees are designed to recover approximately two-thirds of the CAT's budgeted costs for 2026 (about $15.15 million) - Compliance with SEC Rule 613 and the CAT NMS Plan is required - Fees are payable to CAT LLC via monthly invoices based on executed share transactions - Services support regulatory compliance, technology, legal, consulting, insurance, and administrative needs for CAT operations

Description

The Securities and Exchange Commission (SEC) has filed a proposed rule change by NYSE Arca, Inc. to amend the NYSE Arca Equities Fees and Charges and the NYSE Arca Options Fees and Charges. The purpose is to establish fees for industry members related to reasonably budgeted Consolidated Audit Trail (CAT) costs of the National Market System Plan for the period from May 1, 2026 through December 31, 2026. These fees are intended to recover approximately two-thirds of the reasonably budgeted CAT costs for 2026 and will be payable to Consolidated Audit Trail, LLC. The fee rate is set at $0.000001 per executed equivalent share, with the first monthly invoice expected in June 2026 based on May 2026 transactions.

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