💳DOL Mandates Transition to Electronic Payments by 2025
This notice is to inform the public that effective September 30, 2025, the Department of Labor (DOL) will no longer accept paper checks as a form of payment, and DOL will not issue paper checks as payments, as directed in President Trump's Executive Order 14247, Modernizing Payments To and From America's Bank Account (E.O. 14247), to the extent permitted by law. This change is intended to improve efficiency in processing payments and reduce administrative burdens. DOL is committed to assisting the public during this transition period and encourages any affected parties to reach out with questions or concerns.
Learn More🏦Change in Bank Control Notices by the Federal Reserve
The Federal Reserve System has issued a notice regarding applications for acquiring shares of banks or bank holding companies under the Change in Bank Control Act. Public comment on these applications is invited until a specified deadline, ensuring transparency and regulatory compliance in banking ownership changes.
Learn More⚖️FINRA Accelerates Arbitration for Elderly and Health-Affected Parties
The FINRA proposed rule change aims to accelerate arbitration proceedings for parties aged 70 and over or those with specific health conditions. This initiative seeks to ensure that these individuals can participate meaningfully in the arbitration process, enhancing outcomes reflective of their claims while maintaining flexibility for arbitrators in scheduling and case management.
Learn More📈Nasdaq Proposes Rule 5703 for Class ETF Shares Trading
The document details a notice from the SEC regarding Nasdaq’s proposed Rule 5703, which aims to allow the generic listing and trading of Class ETF Shares. The proposed rule seeks to amend existing regulations, facilitating a more efficient process for ETF providers and enhancing market competition. The SEC is also soliciting comments on the rule change.
Learn More📈SEC Notice on Changes to Bitcoin ETF Position and Exercise Limits
The SEC issued a notice regarding a proposed amendment to position and exercise limits for Bitcoin ETFs. This change aims to enhance trading volume and market competition by increasing the limits from 25,000 to 250,000 contracts, aligning regulations with other exchanges, and addressing potential market manipulation concerns.
Learn More📈NYSE Arca Proposes Amendment to Auction Reference Price Rule
The NYSE Arca has filed a notice to amend Rule 7.35-E, enhancing the calculation of Auction Reference Prices for various auctions, including the Core Open Auction and Trading Halt Auction. These changes aim to provide more accurate price reflections, promoting transparency and liquidity in the auction process. Comments on the proposed changes are invited from interested parties.
Learn More📈SEC Designates Longer Time for Cboe Rule Change on Canary XRP Trust
The Securities and Exchange Commission has extended the period to consider a proposed rule change by Cboe BZX Exchange for listing and trading shares of the Canary XRP Trust. The decision aims to allow sufficient time for careful consideration of the proposal and the issues it raises within the regulatory framework for cryptocurrency.
Learn More📈Nasdaq ISE Proposes Changes to Options Trading Criteria
Nasdaq ISE, LLC filed a proposed rule change seeking to amend its options listing criteria for trading units representing interests in a trust based on commodities. The SEC is allowing a longer review period for this rule change to ensure thorough consideration before final approval or disapproval.
Learn More📈Cboe Proposes FLEX Options for Bitcoin-Related Funds
The Cboe Exchange proposes a rule change to permit FLEX Equity Options for key bitcoin-related ETFs, enhancing trading flexibility and investment opportunities. This proposed amendment allows for a competitive trading environment, offering investors standardized options that facilitate better risk management in volatile markets. The change aims to align with existing regulations while promoting market transparency and efficiency.
Learn More📈Analysis of SEC Notice for Bitwise Solana ETF Listing
The SEC has published a notice regarding a proposed rule change from Cboe BZX Exchange to list Bitwise Solana ETF shares, allowing for public comments and a designated timeline for review. The commission may extend the decision period to ensure thorough consideration of the proposal and its implications for market participants.
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