💰Analysis of Cboe BZX Proposed Rule Change for Canary XRP Trust
The Cboe BZX Exchange has filed a proposed rule change to list and trade shares of the Canary XRP Trust, aiming to provide a regulated framework for investing in XRP. This notice outlines regulatory compliance, investor protection measures, and discussions around the potential for price manipulation in digital asset markets.
Learn More📈SEC Notice on Options Trading for Goldman Sachs Physical Gold ETF
The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change from the Miami International Securities Exchange to amend Exchange Rule 402. This change facilitates the listing and trading of options on the Goldman Sachs Physical Gold ETF and updates the names of certain trusts. The exchange has requested immediate effectiveness of this rule change to benefit trade efficiency.
Learn More🏦Change in Bank Control Notices and Acquisitions Overview
The Federal Reserve System announces changes regarding the acquisition of shares in banks and bank holding companies, detailing public disclosure requirements and the application process for prospective owners. It invites comments from interested individuals and outlines the criteria for approvals under the Change in Bank Control Act, ensuring transparency and accountability in financial acquisitions.
Learn More📈SEC Reviews NYSE Arca's Proposed Selective Midpoint Order Change
The Securities and Exchange Commission issued a notice regarding NYSE Arca's proposed rule change to amend its trading practices with the introduction of the Selective Midpoint Order. This change, currently under review, aims to enhance trading efficiency and market structure, and public comments are being collected for consideration.
Learn More📈SEC Notice on Exemption for Investment Companies
The SEC issued a notice regarding an application from SEG Partners Long/Short Equity Fund and Select Equity Group, L.P. for exemptions that would permit registered investment companies to issue multiple classes of shares and impose specific fees. Interested parties can request a hearing or notify the SEC of their interest in the application.
Learn More🏡Changes to Single Family Housing Loan Program
The Rural Housing Service (RHS or Agency), a Rural Development (RD) agency of USDA, published a final rule on August 15, 2024, to amend the current regulations regarding Special Servicing Options and adjust the Mortgage Recovery Advance (MRA) process. The February 11, 2025, effective date of that final rule is being deferred to April 14, 2025.
Learn More🏭Exempt Wholesale Generator Filings and Complaints Overview
The Department of Energy, through the Federal Energy Regulatory Commission, announces a series of filings related to self-certification of exempt wholesale generator status by various companies. These filings signify important developments in energy regulation, alongside complaints and compliance actions concerning rate filings, which could impact market operations and stakeholders in the energy sector.
Learn More📈Nasdaq Approves New Rule for Halt Auction Processes
The Nasdaq Stock Market is implementing new regulations to enhance trading halt processes, establishing price protections and modifying auction procedures. These changes aim to ensure that securities are appropriately priced during trading halts, improve price discovery, and maintain market integrity through enhanced mechanisms consistent with current practices for LULD and MWCB halts.
Learn More📈Nasdaq PHLX Proposes New OTTO Protocol for Options Trading
The SEC has published a notice regarding Nasdaq PHLX LLC's filing for a new trading protocol called "Ouch to Trade Options" (OTTO). The proposal aims to amend existing options rules, including order types and member fees. Stakeholders are invited to comment on this significant regulatory change, which is designed for immediate effectiveness, enhancing trading operations within the options market.
Learn More📄Proposed Recordkeeping Provisions by Federal Reserve for Financial Institutions
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Recordkeeping Provisions Associated with the Interagency Statement on Complex Structured Finance Activities (FR 4022; OMB No. 7100-0311).
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