SEC Pauses Vote on Trading Risk Fee for Options Clearing
Published Date: 2/11/2025
Notice
Summary
The Options Clearing Corporation wants to add a new fee to all clearing member accounts to help manage risks from fast, short-term trading during and after the day. The SEC is taking extra time to decide if this new charge is a good idea. This change could affect how much money clearing members need to keep on hand and when it might happen.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New Margin Add-On for Clearing Members
If you are an Options Clearing Corporation (OCC) Clearing Member, OCC proposes a new margin add-on charge that would be applied to all Clearing Member accounts to help mitigate risks from intraday and overnight trading activity, particularly short-dated options trading. The Securities and Exchange Commission set April 9, 2025, as the date by which it will either approve or disapprove the proposed rule change.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-10669 — Self-Regulatory Organizations; MX2 LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 2.4, Mandatory Participation in Testing of Backup Systems
MX2 LLC is updating its rule to change how it picks certain options traders to join backup system tests during its first year of operation. This means some traders will have to help test disaster recovery plans to keep things running smoothly. The change kicks in right away and helps protect the market without adding extra costs.
2026-10808 — Paxos Securities Settlement Company, LLC; Order Granting an Application for Temporary Registration as a Clearing Agency Under Section 17A of the Securities Exchange Act of 1934
Paxos Securities Settlement Company just got the green light for temporary registration as a clearing agency, meaning they can now help settle and clear securities trades safely and smoothly. This affects investors and financial firms who rely on quick, secure trade settlements. The approval kicks in right away, setting the stage for Paxos to shake up how trades get finalized, with no immediate cost changes announced.
2026-10667 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1 Thereto, To List and Trade Shares of the T. Rowe Price Active Crypto ETF Under NYSE Arca Rule 8.201-E (Generic) Commodity-Based Trust Shares
The SEC is taking more time to decide if the T. Rowe Price Active Crypto ETF can be listed and traded on the NYSE Arca exchange. This affects investors interested in crypto ETFs and could impact when this new fund becomes available to trade. No money changes yet, but the decision deadline has been extended to ensure a thorough review.
Previous / Next Documents
Previous: 2025-02431 — The Peninsula Corridor Joint Powers Board's Request To Amend Its Positive Train Control Safety Plan and Positive Train Control System
Caltrain wants to update its safety plan for its train control system to make sure everything runs smoothly and safely. This change affects anyone who rides or works with Caltrain and needs approval from the Federal Railroad Administration. The public can share their thoughts before the final decision, with the update planned for early 2025 and no big money changes announced yet.
Next: 2025-02433 — Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Exchange's Pricing Schedule at Options 7, Section 2(4) Regarding Rebates for the Execution of Contracts That Generate an Order Exposure Alert
Nasdaq BX is changing how it pays rebates for certain options trades that trigger an order exposure alert. This update affects traders using the exchange by adjusting the money they get back for these trades, starting immediately. The goal? To keep things fair and clear while encouraging smart trading.