18 Sep 2025
📈New Generic Listing Standards for Commodity-Based Trust Shares
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Amendment No. 2 to Proposed Rule Change To Adopt Generic Listing Standards for Commodity-Based Trust Shares Under Rule 5711(d)
Summary
The SEC published a notice regarding the Nasdaq's proposed amendment to adopt generic listing standards for Commodity-Based Trust Shares. This change allows for efficient listing and trading of exchange-traded products that hold various commodities without the need for separate regulatory filings for each product, thereby streamlining market operations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendments to Rule 5711(d) introduce new generic listing standards for Commodity-Based Trust Shares, allowing for expedited approval of such products. This directly impacts business owners and executives involved in financial management, investment firms, and companies seeking to trade or issue commodities, enhancing market efficiency and expanding product offerings.