# 2025-15737: NYSE American Charges New Fee for Underwriters

2025-15737, Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt a Fee for Limited Underwriting Members, is a Federal Register notice from Securities and Exchange Commission published 2025-08-19, effective 2025-08-05; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-15737
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-15737
- Title: Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt a Fee for Limited Underwriting Members
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 40448
- Published: 2025-08-19
- Effective: 2025-08-05
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

NYSE American Charges New Fee for Underwriters

## Summary

Starting August 5, 2025, NYSE American will charge Limited Underwriting Members a $200 monthly fee once their application is approved. This new fee affects registered brokers or dealers who qualify under the new Rule 310. It’s a straightforward change to help the Exchange cover costs and keep things running smoothly.

## Effects PRIA read

- Monthly Fee for Limited Underwriters: cost, high. Starting August 5, 2025, registered brokers or dealers approved as Limited Underwriting Members will be charged $200 per month beginning in the month their application is approved. That equals $2,400 per year for each Limited Underwriting Member.
- Exemption from Other NYSE Fees; Lower Than Nasdaq: benefit, high. The Exchange states that Limited Underwriting Members would not be subject to any other NYSE American Exchange fees. The $200 monthly fee equals $2,400 annually and the filing notes it is lower than Nasdaq's comparable structure (Nasdaq: $5,000 annual fee plus a $2,000 application fee).

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## Sources
- [2025-15737 on federalregister.gov](https://www.federalregister.gov/documents/2025/08/19/2025-15737/self-regulatory-organizations-nyse-american-llc-notice-of-filing-and-immediate-effectiveness-of-a)
- [2025-15737 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-08-19/pdf/2025-15737.pdf)

## Related
- [Previous: 2025-15736, Self-Regulatory Organizations; Nasdaq Stock Market LLC; Order Instituting Proce…](https://policyrisk.com/federal-register/2025-15736)
- [Next: 2025-15738, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing an…](https://policyrisk.com/federal-register/2025-15738)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-15737 (as of 2026-06-08).