7620B. FINRA/NYSE Trade Reporting Facility Reporting Fees
Each participant will be charged a monthly fee for use of the FINRA/NYSE Trade Reporting Facility. The rate will be based on the member's “ATS & Non-ATS OTC Market Share,” which is defined as the percentage calculated by dividing the total number of ATS and non-ATS shares reported by the member to FINRA and published to the FINRA public web site at www.finra.org pursuant to Rule 6110 during a given calendar quarter by the total number of all shares reported to the CTA or UTP SIP, as applicable, during that period. ATS & Non-ATS OTC Market Share is calculated in aggregate across all Tapes (Tape A, Tape B, Tape C). The monthly fee will be assessed as follows:
|ATS & Non-ATS OTC Market Share||Monthly Subscriber Fee|
|Greater than or equal to 2.0%||$30,000|
|Greater than or equal to 0.5% but less than 2.0%||$15,000|
|Greater than or equal to 0.1% but less than 0.5%||$5,000|
|Less than 0.1%||$2,000|
Amended by SR-FINRA-2016-037 eff. October 1, 2016.
Amended by SR-FINRA-2012-032 eff. July 2, 2012.
Renumbered from Rule 7620C by SR-FINRA-2008-066 eff. Jan. 1, 2009.
Amended by SR-FINRA-2008-021 eff. Dec. 15, 2008.
Adopted by SR-NASD-2007-025 eff. April 18, 2007.
Selected Notice: 08-57.