# 2025-10977: NYSE Gets Extra Time for Fee Review Extension

2025-10977, Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE American LLC; NYSE Arca, Inc.; NYSE Texas, Inc.; NYSE National, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Changes To Amend the Virtual Control Circuit Service in the Connectivity Fee Schedule, is a Federal Register notice from Securities and Exchange Commission published 2025-06-17, effective The Commission designated July 27, 2025 as the date by which it will either approve, disapprove, or institute proceedings regarding the proposed rule changes. (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-10977
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-10977
- Title: Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE American LLC; NYSE Arca, Inc.; NYSE Texas, Inc.; NYSE National, Inc.; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Changes To Amend the Virtual Control Circuit Service in the Connectivity Fee Schedule
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 25698
- Published: 2025-06-17
- Effective: The Commission designated July 27, 2025 as the date by which it will either approve, disapprove, or institute proceedings regarding the proposed rule changes.
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

NYSE Gets Extra Time for Fee Review Extension

## Summary

The New York Stock Exchange and its partners want to add new fees for connecting from the Mahwah Data Center to trading floors. The SEC is taking extra time to review these changes before deciding, so no final money moves yet. This affects traders and firms using these connections and could impact their costs once approved.

## Effects PRIA read

- New Mahwah-to-Floor Connectivity Fees: cost, medium. On April 7, 2025 the NYSE exchanges proposed adding new fees for connectivity from the Mahwah Data Center to one or more trading floors. If approved, traders and trading firms that use those connections would face new connectivity charges that could raise their operating costs. The SEC extended its…

## Related documents

- [2026-20466](https://policyrisk.com/federal-register/2026-20466): Adviser and Regulated Fund Custody Rules; Crypto Custody Rules, 2026-10-06
- [2026-19260](https://policyrisk.com/federal-register/2026-19260): Rescission of Rule 14a-8's Federal Regulation of Shareholder Proposals and Amendments to Rule 14a-4, 2026-09-21
- [2026-18424](https://policyrisk.com/federal-register/2026-18424): Political Contributions by Certain Investment Advisers, 2026-09-10
- [2026-18190](https://policyrisk.com/federal-register/2026-18190): Transfer Agent Rules, 2026-09-04
- [2026-17183](https://policyrisk.com/federal-register/2026-17183): Regulation Crypto Assets, 2026-08-21
- [2026-12163](https://policyrisk.com/federal-register/2026-12163): The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS, 2026-06-17

## Sources
- [2025-10977 on federalregister.gov](https://www.federalregister.gov/documents/2025/06/17/2025-10977/self-regulatory-organizations-new-york-stock-exchange-llc-nyse-american-llc-nyse-arca-inc-nyse-texas)
- [2025-10977 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-06-17/pdf/2025-10977.pdf)

## Related
- [Previous: 2025-10976, Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effecti…](https://policyrisk.com/federal-register/2025-10976)
- [Next: 2025-10978, Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; N…](https://policyrisk.com/federal-register/2025-10978)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-10977 (as of 2026-06-08).
