10 Jun 2025
📈SEC Extends Review Period for Canary SUI ETF Rule Change
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 Canary SUI ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
Summary
The Securities and Exchange Commission (SEC) has designated a longer period for reviewing Cboe BZX Exchange's proposed rule change to list and trade shares of the Canary SUI ETF. This extension allows the SEC more time to consider relevant issues pertaining to the ETF and its regulatory implications.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC’s extension of the review period for Cboe BZX's rule change regarding the Canary SUI ETF impacts business owners and executives as it affects the listing and trading of this commodity-based trust. This could influence market dynamics, investment opportunities, and compliance requirements.