Insurance News
Regulatory updates in plain English
Stay current with the latest from CMS, state departments of insurance, NAIC, the Federal Register, and Congress — rewritten so you can actually understand what it means for your practice.
Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Consisting of Amendments to MSRB Rule G-28, on Transactions With Employees and Partners of Other Municipal Securities Professionals, To Harmonize and Better Align With FINRA Rule 3210, on Accounts at Other Broker-Dealers and Financial Institutions
The Municipal Securities Rulemaking Board (MSRB) has updated its rules to better match the Financial Industry Regulatory Authority (FINRA) guidelines. This change affects municipal securities professionals who handle accounts with other financial institutions, such as banks and insurance companies. ...
Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Advance Notice by The Options Clearing Corporation To Establish a Commercial Paper Program
The Options Clearing Corporation (OCC) has announced a new program that allows it to establish a Commercial Paper Program. This program will help OCC manage liquidity by using government securities from defaulting members or borrowed funds to engage in repurchase transactions with large institutiona...
Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Proposed Rule Change by The Options Clearing Corporation To Establish a Commercial Paper Program
The Options Clearing Corporation (OCC) is making changes to its rules that will affect how it manages liquidity in case a member defaults. They are introducing a Commercial Paper Program and a non-bank liquidity facility. This means OCC can use government securities from a defaulting member or the C...
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
The Long-Term Stock Exchange has announced a new rule that sets fees for industry members related to past insurance costs for the Consolidated Audit Trail (CAT). This affects companies involved in the CAT, which is a system for tracking trades in the market. The total insurance cost was about $880,4...
Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change Relating to the Treasury Clearing Rules and Treasury Clearing Service Treasury Operations Policies and Liquidity Risk Management Framework
The rules for who can participate in Treasury clearing have changed. Now, Futures Commission Merchants (FCMs) and registered clearing agencies can also be approved as Treasury Participants, alongside broker-dealers, investment companies, banks, and insurance companies, as long as they meet specific ...
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
Nasdaq MRX, LLC has announced a new rule that establishes fees related to the historical costs of insurance for the Consolidated Audit Trail (CAT). This change affects those involved in the National Market System, particularly in how they manage and report insurance costs. Insurance costs for CAT re...
Self-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
The National Exchange LLC has announced a new rule that establishes fees for industry members to cover certain historical costs related to the National Market System Plan. This includes $880,419 spent on insurance for the Consolidated Audit Trail (CAT) during a specific period. Starting in 2020, CAT...
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related To Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Long-Term Stock Exchange has announced new fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors' and officers' lia...
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Nasdaq ISE has announced new fees for industry members related to the costs of maintaining the Consolidated Audit Trail (CAT) from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security, directors and officers liability, and errors and omissi...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend FINRA Rule 6897 (Consolidated Audit Trail Funding Fees) To Establish Fees for Industry Members Related to Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
The Financial Industry Regulatory Authority (FINRA) has made a change to its rules regarding fees for industry members related to the funding of the Consolidated Audit Trail (CAT). This change affects insurance companies and other financial industry members who are involved in the CAT system. Starti...
Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
Nasdaq Texas has announced new fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors' and officers' liability, and erro...
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
Nasdaq MRX, LLC has announced new fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors' and officers' liability, and e...
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
The Nasdaq PHLX LLC has announced a new rule that establishes fees related to the historical insurance costs for the Consolidated Audit Trail (CAT). This change affects those involved with the CAT, as it includes a total insurance cost of $880,419 incurred during a specific period. Starting in 2020,...
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
The Nasdaq GEMX has announced a new rule that establishes fees related to historical insurance costs for the Consolidated Audit Trail (CAT). This change affects those involved with the CAT, particularly in how insurance costs are managed. Starting in 2020, CAT LLC evaluated different insurance optio...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend FINRA Rule 6897 (Consolidated Audit Trail Funding Fees) To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Financial Industry Regulatory Authority (FINRA) has announced a new rule that will affect industry members by establishing fees related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, inclu...
Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Establish Fees for Industry Members Related to Certain Historical Costs of the National Market System Plan Concerning the Consolidated Audit Trail
A new rule has been established by MEMX LLC that affects industry members by introducing fees related to the historical costs of the National Market System Plan for the Consolidated Audit Trail (CAT). This includes insurance costs totaling $880,419 incurred during the Pre-FAM Period. Starting in 202...
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Establish Fees Related to Certain Historical Costs of the National Market System Plan Governing the Consolidated Audit Trail
The Nasdaq Stock Market has announced a new rule that establishes fees related to historical costs for the Consolidated Audit Trail (CAT). This change specifically affects the insurance costs associated with CAT, which totaled $880,419 during a previous evaluation period. Starting in 2020, CAT LLC e...
Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The MEMX LLC has announced new fees for industry members related to the costs of maintaining the Consolidated Audit Trail (CAT) from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security, directors' and officers' liability, and errors and omissi...