💰Nasdaq Introduces New Supplemental Credit for Trading Activity
The Nasdaq Stock Market LLC has proposed a new supplemental credit for members to enhance displayed quotes and orders under Equity 7, Section 118(a)(1). The credit aims to incentivize increased liquidity on the exchange, specifically through late Limit On Close orders, thereby improving overall market quality and trading dynamics.
Learn More📊Federal Reserve Extends Discount Window Borrowers Reporting Requirements
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Selected Balance Sheet Items for Discount Window Borrowers (FR 2046; OMB No. 7100-0289).
Learn More💰VA Update on Servicemembers’ Group Life Insurance Benefits
The Department of Veterans Affairs (VA) amends its regulations governing Servicemembers' Group Life Insurance (SGLI), Family SGLI (FSGLI), and Veterans' Group Life Insurance (VGLI) to allow an alternate applicant to apply for an Accelerated Benefit in certain circumstances. VA also defines key terms and removes contact information and the reproduction of the Accelerated Benefit application form from the text of the regulations.
Learn More💼Nasdaq PHLX Proposes Changes to Options Transaction Fees
Nasdaq PHLX LLC proposes changes to its Options 7 regulations, adjusting transaction fees and incentive programs. Key amendments include replacing the Broker-Dealer Customer Facilitation waiver with a transaction cap and altering the Floor Broker Incentive Program to incorporate electronic QCC orders. These adjustments seek to encourage larger trade volumes and potentially enhance trading dynamics on the Exchange.
Learn More💰NCUA Draft Budget 2026-2027
The NCUA's staff draft "detailed business-type budget" is being made available for public review as required by federal statute. The proposed resources will finance the agency's annual operations and capital projects, both of which are necessary for the agency to accomplish its mission of protecting the system of cooperative credit and its member-owners through effective chartering, supervision, regulation, and insurance. Comment instructions are included in the supplementary information section. The schedule for a public hearing about the budget will be announced in a future notice.
Learn More📄SEC Seeks Comments on Form S-1 Information Collection Activities
The SEC is soliciting comments on its Form S-1 registration statement, which is utilized by domestic issuers for public offerings of securities. The notice addresses the expected burden of information collection, including estimated time commitments and financial costs associated with compliance. The aim is to enhance transparency and adequacy of investor information in securities offerings.
Learn More📈ICC Rule Change on CDS On-boarding Policies and Procedures
The Securities and Exchange Commission approved ICC's proposed rule changes to the CDS Instrument On-boarding Policies. Key amendments include revising guiding principles for instrument selection, reflecting current practices, and streamlining the voluntary quote submission period. The changes aim to enhance the efficiency and accuracy of the clearing process for market participants.
Learn More🏦Overview of Change in Bank Control Notices and Acquisitions
The Federal Reserve System informs about applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. Interested parties may comment on the applications, which will be publicly disclosed, emphasizing the importance of transparency and compliance within financial acquisitions.
Learn More⚖️Nasdaq PHLX Introduces CORE FIX Order Entry Protocol
Nasdaq PHLX LLC has proposed the CORE FIX Order Entry Protocol to enhance trading efficiencies by combining features of existing protocols while streamlining functionality. This change aims to improve order handling for participants who do not require routing strategies, ensuring faster and more efficient trading experiences within the Exchange.
Learn More🏦SEC Extends Review Period for BondBloxx Private Credit Trust Listing
The SEC has designated a longer review period for a proposed rule change to list and trade shares of the BondBloxx Private Credit Trust under BZX Rule 14.11(f). The extension allows for thorough consideration of the proposed listing and any related issues raised during the comment period.
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