📈MIAX Pearl Introduces Selective Liquidity Auto Purge Feature
MIAX Pearl, LLC proposes a new Selective Liquidity Auto Purge (SLAP) feature to enhance order cancellation functionality in trading. This feature allows Members to group orders and tailor cancellations based on individual risk strategies, thereby improving trading efficacy and risk management in the market environment.
Learn More💰Proposed Rule Change for Bitwise Bitcoin and Ethereum ETFs
The Securities and Exchange Commission has issued a notice regarding the proposed rule change for the Bitwise Bitcoin ETF Trust and Bitwise Ethereum ETF. This change aims to permit in-kind creations and redemptions, potentially enhancing market functionalities while the Commission extends the review period for effective consideration.
Learn More📊Proposed Minor Rule Violation Plan by 24X National Exchange
The Securities and Exchange Commission has received a filing from 24X National Exchange LLC regarding a proposed Minor Rule Violation Plan. This plan aims to designate specific minor rule violations and allow the Exchange to aggregate similar violations, promoting more efficient handling of regulatory infractions while maintaining transparency through quarterly reporting to the Commission.
Learn More💹Cboe BZX Exchange Proposed Rule Change for Fidelity Solana Fund
The SEC is reviewing a proposed rule change by Cboe BZX Exchange to list and trade shares of the Fidelity Solana Fund. The Trust aims to track the performance of the digital asset Solana, involving potential new investment opportunities and regulatory considerations for interested parties.
Learn More💰Cboe EDGA Proposed Fee Change for Consolidated Audit Trail
The Securities and Exchange Commission published a notice about Cboe EDGA Exchange's proposed fee change for Industry Members, aimed at recovering costs associated with the Consolidated Audit Trail (CAT). The proposal details fee structures for the remainder of 2025, covering operational expenses that ensure compliance and data management under the CAT NMS Plan.
Learn More📈Nasdaq Proposes Enhanced Closing Price Determination for ETPs
The Securities and Exchange Commission has announced a proposed rule change by Nasdaq to modify how the Official Closing Price (NOCP) is determined for exchange-traded products (ETPs) with less than one round lot traded. By adopting a time-weighted average price method, the proposal aims to provide a more accurate reflection of ETP values, particularly for those with lower trading volumes.
Learn More📊Cboe EDGA Proposes Rule Change on Timestamp Granularity
The Cboe EDGA Exchange has filed a proposed rule change to amend its compliance rule regarding timestamp granularity. The amendment extends the expiration date of an exemptive relief from April 2025 to April 2030, affecting how timestamps are handled for reporting to the Consolidated Audit Trail (CAT). The change aims to ensure consistency with regulatory requirements while addressing operational procedures for Industry Members.
Learn More📈SEC Proposes Rule Change for Franklin XRP ETF Listing
The SEC is reviewing a proposed rule change by Cboe BZX Exchange to list and trade shares of the Franklin XRP ETF, which aims to reflect the performance of XRP. The review process will assess the proposal’s compliance with legal standards and solicits public comments on potential investor protection concerns.
Learn More📈SEC Proposes Options Trading on Commodity-Based Trust Shares
The SEC is considering amendments to allow the listing and trading of options on Commodity-Based Trust Shares, enhancing trading capabilities for ETFs and fostering a more transparent market environment. The proposed changes aim to provide investors with better tools for hedging and price discovery while maintaining compliance with existing regulatory requirements.
Learn More📈SEC Extends Review Period for VanEck Avalanche ETF Proposal
The Securities and Exchange Commission has extended the review period for a proposed rule change regarding the listing and trading of VanEck Avalanche ETF on the Nasdaq Stock Market. This decision allows additional time to consider the implications of the proposal and any associated regulatory issues.
Learn More