4 Aug 2025
📈Nasdaq Proposes Rule Change for Commodity-Based Trust Shares
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change To Adopt Generic Listing Standards for Commodity-Based Trust Shares Under Proposed Rule 5711(d)
Summary
The SEC announces Nasdaq's proposed rule change to adopt generic listing standards for Commodity-Based Trust Shares. This change aims to streamline the approval process for exchange-traded products tied to commodities, enhancing market efficiency and expanding available investment options for investors.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Nasdaq allows for more efficient listing and trading of Commodity-Based Trust Shares, streamlining regulations and potentially increasing market entry for new exchange-traded products, which impacts business owners and executives involved in investment funds and trading institutions.