21 Feb 2025
📈SEC Notice on Options Trading for Goldman Sachs Physical Gold ETF
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on the Goldman Sachs Physical Gold ETF and Amend the Names of Certain Trusts To Reflect Their Current Names
Summary
The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change from the Miami International Securities Exchange to amend Exchange Rule 402. This change facilitates the listing and trading of options on the Goldman Sachs Physical Gold ETF and updates the names of certain trusts. The exchange has requested immediate effectiveness of this rule change to benefit trade efficiency.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows the Miami International Securities Exchange to list and trade options on the Goldman Sachs Physical Gold ETF, which could impact trading practices, investment strategies, and compliance obligations for businesses and investment firms involved in trading and investment management.