20 Jun 2025
📈SEC Prolongs Action 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 Related to the 2x Long VIX Futures ETF and the -1x Short VIX Futures ETF
Summary
The SEC has designated a longer review period for a proposed rule change related to the 2x Long VIX Futures ETF and -1x Short VIX Futures ETF filed by Cboe BZX Exchange. This extension allows the Commission more time to assess the proposed changes and associated issues, with a decision expected by August 7, 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content pertains to a proposed rule change regarding the 2x Long VIX Futures ETF and the -1x Short VIX Futures ETF, which could impact trading practices and compliance for businesses involved in these financial instruments. Approval or disapproval of the rule change will influence market strategy and risk management.