5 May 2025
📈NYSE Arca Proposes New Rules for Digital Asset Investments
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Adopt New NYSE Arca Rule 8.800-E To Provide for the Listing and Trading of Commodity- and/or Digital Asset-Based Investment Interests and To List and Trade Shares of the Grayscale Digital Large Cap Fund LLC
Summary
The Securities and Exchange Commission has received a proposed rule change from NYSE Arca to implement new rules for the listing and trading of commodity- and digital asset-based investment interests. The Commission is extending the review period to thoroughly consider the implications and feedback on this proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines a proposed rule change by NYSE Arca for listing and trading digital and commodity asset-based investment interests. This is significant for business owners and executives interested in the cryptocurrency and digital assets markets, as it can influence investment strategies and compliance requirements once approved.