Joint Industry Plan; Order Approving the Second Amendment to the National Market System Plan Regarding Consolidated Equity Market Data, as Amended by Amendment No. 1 and Modified by the Commission, To Adopt a Fee Schedule
SEC approved fee schedule for consolidated equity market data; no direct impact on money services businesses.
Aforeworn detected this change in the Money Services & Money Transmitters space on July 6, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated Low urgency. Money services businesses, money transmitters, crypto firms, payment processors, remittance providers, fintech wallets should confirm how it applies to their specific situation before acting. There is a time constraint attached: N/A. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Money Services & Money Transmitters continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
SEC approved a second amendment to the National Market System Plan adopting a fee schedule for consolidated equity market data.
Who it affects
Money services businesses, money transmitters, crypto firms, payment processors, remittance providers, fintech wallets
What you must do
No action required; this regulation pertains to securities market data fees, not money transmission or AML compliance.
Deadline
N/A
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