1 May 2025
📈SEC Extends Review Period for Cboe BZX Options Trading Proposal
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 19.3 To Permit the Listing of Options on Commodity-Based Trust Shares
Summary
The SEC has announced a longer review period for Cboe BZX's proposed rule change to amend its regulations regarding the listing and trading of options on Commodity-Based Trust Shares. This decision enables additional time for thorough evaluation and public comment on the proposal, which could alter trading dynamics in the sector.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Cboe BZX Exchange allows for the listing of options on Commodity-Based Trust Shares, which enhances trading opportunities and potentially increases market liquidity. This regulatory approval process impacts business owners and executives engaged in trading or investing in commodities.