5 May 2025
📈SEC Notice on Cboe BZX ETF Rule Change Proposal
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the Franklin Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The SEC has released a notice regarding Cboe BZX Exchange's proposed rule change to list and trade shares of the Franklin Solana ETF under specific rules. This notice highlights the extension for regulatory consideration and the opportunity for comments on the proposed changes, indicating a significant development in the exchange-traded fund market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document pertains to a proposed rule change by Cboe BZX to list and trade the Franklin Solana ETF, relevant for businesses in financial markets and investment sectors, indicating possible changes in trading possibilities and compliance requirements.