Trendpublic

📈FINRA Proposes Rule 6152 for Order Execution Report Disclosure

The SEC announces FINRA's proposed Rule 6152, mandating members to submit order execution information for NMS stocks to FINRA for centralized publication. This initiative aims to improve transparency, allowing investors and market participants better access to execution quality data, promoting informed investment decisions across the financial industry.

📊SEC Meeting on Sunshine Act

The Securities and Exchange Commission will hold a closed meeting on March 27, 2025, to discuss key regulatory matters, including injunctive actions and civil litigation. The meeting will outline critical issues regarding compliance, enforcement, and potential changes in regulatory priorities that may affect businesses operating within the financial sector.

💰CAIS Amendment Reduces Mandatory Reporting for Securities Industry

The CAIS Amendment proposes significant changes to the National Market System Plan by eliminating the requirement for reporting certain customer information, including names, addresses, and years of birth. This amendment aims to enhance data security while achieving substantial cost savings, estimated at $12 million annually, for participating organizations in the securities industry.

📈NYSE American Proposes Rule Changes for Optional Routing Strategies

NYSE American LLC has filed a proposed rule change to amend its trading rules, allowing for an optional routing strategy for MPL-IOC Orders. This change aims to enhance trading efficiency, enable greater flexibility for electronic trading participants, and improve overall market dynamics. The SEC invites comments on this proposal, which may take effect immediately pending approval.

📈Nasdaq Bitcoin Trust Proposed Rule Change Notice and Implications

The SEC has designated a longer period for action regarding Nasdaq's proposed rule change to amend listing and trading rules for the iShares Bitcoin Trust, allowing for in-kind creations and redemptions. The extension aims to give sufficient time for thorough consideration of the proposed changes and any issues raised by them.

📑USPTO Information Collection on Practitioner Conduct and Discipline

The United States Patent and Trademark Office (USPTO), as required by the Paperwork Reduction Act of 1995, invites comments on the extension and revision of an existing information collection: 0651- 0017 (Practitioner Conduct and Discipline). The purpose of this notice is to allow 60 days for public comments preceding submission of the information collection to the Office of Management and Budget (OMB).

🏦Temporary Exemptive Relief for U.S. Treasury Securities CCAs Explained

The SEC has adopted temporary exemptive relief from enforcing compliance with Rule 17ad-22(e)(6)(i) for U.S. Treasury securities clearing agencies until September 30, 2025. This measure aims to facilitate the separation of margin for proprietary versus customer transactions, assisting direct participants in implementing the necessary operational changes. The exemption is intended to reduce market disruption and promote orderly implementation of the new regulations.

🛢️Notice on Texas Eastern Transmission Pipeline Replacement Project

The Department of Energy, via the Federal Energy Regulatory Commission, has issued a notice concerning Texas Eastern Transmission, LP's request to replace pipeline segments and upgrade a station in Tennessee. The proposal is open for public intervention and comment, with a deadline set for March 28, 2025. The project aims to ensure safe operations following regulatory changes.

🚫OFAC Sanctions Notice

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

📜Change in Bank Control Notices