20% Off Old Trades: SEC's Flash Sale on Market History
Published Date: 8/12/2025
Notice
Summary
Cboe C2 Exchange is giving a temporary 20% discount to anyone—traders or not—who buys $20,000 or more of their special historical market data. This deal makes it cheaper to grab deep info about past trades, starting right away. If you need detailed market history, now’s the perfect time to save some cash!
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Temporary 20% Discount on Historical Data
If you buy ad hoc C2 Historical Depth Data totaling $20,000 or more in a single purchase, you get a 20% discount. The temporary discount runs from July 28, 2025 through September 30, 2025 and applies order-by-order once the $20,000 minimum is met (for example, a $25,000 order would be discounted to $20,000).
Discount Applies Order-by-Order, No Stacking
The 20% discount is applied on an order-by-order basis once the $20,000 minimum is satisfied and cannot be combined with any other discounts. That means you cannot stack this temporary discount with other discounts the Exchange offers.
Price and Use Restriction for Historical Depth Data
The Exchange charges $500 per month of Historical Depth Data when sold, and the Historical Depth Report is provided only for internal use — redistribution is not permitted. Purchasers must use the data internally and may not resell or redistribute it.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-17183, Regulation Crypto Assets
The Securities and Exchange Commission ("Commission") is proposing new rules to create a tailored offering regime for certain investment contracts involving crypto assets. The proposed offering regime is intended to facilitate capital formation and accommodate innovation within the crypto asset markets while, at the same time, ensuring that investors are adequately protected and provided with the information they need to make informed investment decisions. The proposed rules would be set forth in a new regulation titled "Regulation Crypto Assets" and would include two exemptions from the registration requirements of section 5 of the Securities Act of 1933. The first exemption would permit offerings of up to $5 million during a four-year period. The second exemption would permit offerings of up to $75 million during each 12-month period. Under both exemptions, issuers would be required to make certain principles-based narrative disclosures available to their investors. In addition, issuers under the second exemption would be required to provide financial statements and would be subject to ongoing reporting requirements. Issuers that rely on these exemptions would remain subject to the antifraud and antimanipulation provisions of the Federal securities laws. The proposed rules also would include a conditional safe harbor from the term "investment contract" in the definitions of "security" in the Securities Act of 1933 and the Securities Exchange Act of 1934. If the conditions of that proposed safe harbor are satisfied, then a crypto asset would be deemed not to be subject to an investment contract for purposes of those definitions of "security."
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
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!
2026-17362, Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 7.18 Regarding Trading Halts
Previous / Next Documents
Previous: 2025-15261, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for New Logical Ports in Connection With a New Connectivity Offering on its Equity Options Platform
Cboe BZX Exchange is rolling out new fees for special digital connections called Unitized Logical Ports on its equity options platform. Traders and firms using these new ports will see these fees start right away, helping the Exchange cover costs for this fresh connectivity option. The changes kick in immediately, so users should get ready to adjust their budgets!
Next: 2025-15263, Sunshine Act Meetings
The SEC will hold a closed meeting on August 14, 2025, to discuss important legal and enforcement matters like lawsuits and investigations. Only key officials and select staff will attend, keeping the public out for privacy reasons. No new costs or timing changes affect the public, but any updates will be posted online.