2026-01208Notice

NYSE National Tweaks FINRA-Linked Processing Fees Immediately

Published Date: 1/23/2026

Notice

Summary

NYSE National is updating its fee schedule to change the processing fees linked to the Central Registration Depository (CRD) system, which is managed by FINRA. This affects traders and firms using the exchange, with the new fees kicking in immediately on January 8, 2026. The update aims to keep things fair and clear for everyone involved.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Higher CRD Processing Fees for ETP Firms

If your firm is a Non-FINRA ETP Holder that reports people to the CRD system, the per-person system processing fee for each registered representative and principal changes on January 8, 2026. The fee tiers are: 1–5 regulators = $70; 6–20 = $95; 21–40 = $110; 41 or more = $125 (this excludes registration as an investment adviser representative). The Exchange lists these fees but does not collect or retain them.

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Key Dates

Effective Date
Published Date
1/8/2026
1/23/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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