Federal Register #SR-NYSEAMER-2026-31

SEC Oversight of NYSE American LLC Rule Change for CAT Fee 20261 and Related Services

This opportunity involves the Securities and Exchange Commission (SEC) overseeing a proposed rule change by NYSE American LLC to establish new fees for Industry Members to recover costs associated with the Consolidated Audit Trail (CAT) for most of 2026. - Government Buyer: - Securities and Exchange Commission (SEC) is the federal agency overseeing this procurement. - OEMs and Vendors: - Amazon Web Services, Inc. (AWS): Cloud hosting services for CAT - Algoseek, LLC: Market data provision for CAT - WilmerHale and Jenner: Legal services for CAT operations and compliance - Deloitte: Consulting services for CAT - Anchin and Grant Thornton: Professional and administration services for CAT - Products/Services Requested: - Cloud hosting, market data, legal, consulting, and administration services to support CAT operations - No specific hardware or software products requested; focus is on services and operational cost recovery - CAT Fee 20261: Fee assessed to Industry Members (CAT Executing Brokers) per executed equivalent share to recover approximately $15.15 million in CAT costs for the period - Transaction fee reduction for sub-dollar securities on 24X National Exchange LLC (from 0.15% to 0.09% of total dollar value) - Unique/Notable Requirements: - Fees are designed to recover about two-thirds of the total CAT costs for 2026 - Budget covers technology, legal, consulting, insurance, and administration - Monthly invoicing for CAT Fee 20261, with the fee structure based on executed share volume - No physical products; all services are related to CAT operations, compliance, and support under the CAT National Market System Plan

Description

This notice announces a proposed rule change by NYSE American LLC to amend its Equities Price List and Options Fee Schedule. The amendment establishes fees for Industry Members related to reasonably budgeted costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, through December 31, 2026. The fees, referred to as CAT Fee 20261, are intended to recover approximately two-thirds of the CAT costs for 2026 and will be payable to Consolidated Audit Trail, LLC. The proposal includes detailed budget estimates and justifications for the fees, which are designed to assist the Exchange in meeting regulatory obligations under the CAT National Market System Plan.

View original listing