📉KLH Capital Fund III License Surrender Impact on Small Business Funding
The Small Business Administration has declared the Small Business Investment Company license of KLH Capital Fund III, L.P. null and void. This action results from regulatory authority under the Small Business Investment Act, which can significantly affect the financial landscape for small businesses reliant on such investment companies.
Learn More💹NYSE Proposes Rule Change to Amend Price List with New Routing Fees
The NYSE has filed a notice regarding a proposed rule change to amend its price list by adopting fees for orders routed via the Midpoint Ping strategy. The change, effective April 1, 2025, aims to enhance access to midpoint liquidity while promoting competition among exchanges.
Learn More📊Amendments to Rule 482 on Fund Advertising Disclosures
The Securities and Exchange Commission is revising Rule 482, which governs the advertising of securities by investment companies. The amendments aim to correct outdated references and align disclosure requirements for money market funds with updated regulations, ensuring investors receive balanced and accurate performance information in fund advertisements.
Learn More📈FINRA Proposes Rule Change for Non-Traded BDCs and IPO Access
The SEC published a notice regarding FINRA's proposed rule change to exempt certain business development companies (BDCs) from compliance with specific rules related to the purchase and sale of new issues. This change aims to enhance non-traded BDCs' ability to invest in initial public offerings, thereby increasing capital access for these entities and their investors while promoting market integrity.
Learn More🏦Federal Reserve Notice on Bank Holding Companies' Mergers and Acquisitions
The Federal Reserve System notice discusses applications for bank holding companies to form, acquire, or merge. It highlights the legal framework under the Bank Holding Company Act and invites public comments on these applications, ensuring transparency and compliance in the banking sector.
Learn More💰NIH Announces Closed Meetings for Grant Application Reviews
The Department of Health and Human Services announces closed meetings by the National Institutes of Health's Center for Scientific Review to evaluate grant applications in various clinical and scientific fields, emphasizing confidentiality and the protection of proprietary information during the reviews.
Learn More📊Railroad Retirement Board Meeting Notice
The Railroad Retirement Board announces a virtual meeting of the Actuarial Advisory Committee on April 22, 2025, to discuss the 2025 Annual Report assumptions for the Railroad Retirement Act. The public is invited to submit statements or attend the meeting, emphasizing the importance of stakeholder engagement in projecting retirement sustainability.
Learn More📈Proposed Rule Change for FLEX Options on Bitcoin ETFs
The SEC has initiated proceedings to review a proposed rule change allowing Nasdaq Phlx to offer FLEX options on shares of the iShares Bitcoin Trust ETF. This change aims to enhance trading flexibility and risk management for market participants, incorporating specific position limits to prevent market manipulation and protect investors.
Learn More💰Nasdaq Proposes Changes to Transaction Fees Affecting Businesses
The Nasdaq Stock Market LLC has filed a proposed rule change to amend its transaction fees for the Nasdaq Report Center and the Equity Trade Journal for Clearing Firms. This notice invites comments from interested parties on the proposal, highlighting the importance of stakeholder feedback in the regulatory process.
Learn More💰MIAX Pearl Proposes New Fees for Trading System Access
MIAX Pearl, LLC has filed a proposed rule change to amend its fee schedule, establishing a new fee for market participants that opt for dedicated cross connection access to the testing systems environment. This change is designated for immediate effectiveness, and public comments are invited regarding its consistency with the Securities Exchange Act.
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