💼SEC Rule 6h-1 Compliance and Business Implications
The notice from the SEC outlines a request for approval to extend the information collection under Rule 6h-1, establishing necessary standards for trading security futures products. It emphasizes requirements to prevent price manipulation and coordinate trading halts between markets, thus ensuring fair trading practices. Compliance costs and procedures for comment submissions are also detailed.
Learn More📈Cboe Proposes to Eliminate Position Limits for Specific Options
The Securities and Exchange Commission is reviewing Cboe Exchange's proposed rule change to eliminate position and exercise limits for options on the S&P 500 Equal Weight Index and the S&P 500 ESG Index. The decision on this proposal, initially expected by May 2025, has been extended to June 30, 2025, to allow for thorough consideration of the associated issues.
Learn More📈SEC Extends Review Period for Grayscale Hedera Trust Listing
The SEC has announced an extension of the review period for The Nasdaq Stock Market LLC's proposed rule change to list and trade shares of the Grayscale Hedera Trust under Nasdaq Rule 5711(d). This notice reflects the Commission’s effort to thoroughly evaluate the proposed rule change and related regulatory considerations.
Learn More📄DHS Notice of Information Collection for Funds Transfer Waiver
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department of Homeland Security (DHS), U.S. Immigration and Customs Enforcement (ICE) will submit the following Information Collection Request (ICR) to the Office of Management and Budget (OMB) for review and clearance.
Learn More📈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.
Learn More📊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.
Learn More💰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.
Learn More📈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.
Learn More📈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.
Learn More📑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).
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