FINRA-Proposed Rule to Adopt Rule 4553 to Establish Fee Schedule for ATS Volume Information (Fed. Reg.)

FINRA published in the Federal Register a proposed rule to adopt FINRA Rule 4553 ("Fees for ATS Data") that would establish a fee schedule for professional access to alternative trading system ("ATS") volume information published by FINRA on its website. Under the proposed rule, a year's subscription for professionals would cost $12,000; for vendors, $18,000. Nonprofessionals would be provided with a non-downloadable version of the volume information at no cost.

See: 79 FR 21324.Related news: FINRA Proposes Rule to Adopt Rule 4553 to Establish a Fee Schedule for ATS Volume Information (March 28, 2014).To stay up to date with FINRA and other SRO rule changes, please see the Cabinet's Rule Calendars (accessible to Cabinet subscribers only).