10 Jun 2025
📈Nasdaq Proposed Rule 5712
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Adopt Nasdaq Rule 5712 To Provide for the Listing and Trading of Commodity- and/or Digital Asset-Based Investment Interests and To List and Trade Shares of the Hashdex Nasdaq Crypto Index US ETF Under Proposed Nasdaq Rule 5712
Summary
The SEC is reviewing a Nasdaq proposal to create new rules for listing and trading commodity- and digital asset-based investment interests. This initiative aims to expand investment opportunities in cryptocurrencies and related assets, subject to regulatory scrutiny to ensure investor protection and market integrity.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposal for Nasdaq Rule 5712 involves the listing and trading of Commodity- and Digital Asset-Based Investment Interests, which can significantly impact financial and investment strategies for businesses considering entry into cryptocurrency markets. Firms involved in asset management, investment trusts, or financial securities will need to adapt to these new opportunities and compliance requirements.