1 May 2025
📈NYSE Arca Proposes Options on Commodity-Based Trust Shares
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Rule 5.3-O To Permit Options on Commodity-Based Trust Shares
Summary
The Securities and Exchange Commission has received a proposed rule change from NYSE Arca to amend Rule 5.3-O, allowing the Exchange to list and trade options on Commodity-Based Trust Shares. The SEC has designated an extended period for action on this proposal, indicating thorough consideration of its implications.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by NYSE Arca to allow options on Commodity-Based Trust Shares may impact business owners and executives as it provides new trading opportunities and regulatory compliance implications. The extension of review time by the SEC indicates a significant potential shift in the market.