1 May 2025
📈SEC Notice on NYSE American Options Trading Rule Change
Self-Regulatory Organizations; NYSE American LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 915 To Permit Options on Commodity-Based Trust Shares
Summary
The SEC has acknowledged a proposed rule change by NYSE American LLC to amend Rule 915, allowing the listing and trading of options on Commodity-Based Trust Shares. The Commission has extended its review period to ensure a thorough evaluation of the implications associated with this significant amendment.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to amend Rule 915 for trading options on Commodity-Based Trust Shares introduces potential new revenue opportunities for businesses involved in trading and investment. This regulation may affect market dynamics and compliance requirements for trading firms and financial institutions.