♻️SEC Extends Approval Period for NYSE Arca Carbon Allowance Trust
The SEC has designated a longer period to decide on NYSE Arca's proposed rule change to list the COtwo Advisors Physical European Carbon Allowance Trust. This notice details the timeline for potential approval or disapproval, allowing for adequate consideration of the proposed changes.
Learn More⚖️Adjustment of Bankruptcy Dollar Amounts and Business Implications
The Judicial Conference of the United States issued a notice correcting dollar amounts applicable to bankruptcy cases. These corrections change financial thresholds that may influence bankruptcy filings and legal compliance for businesses, highlighting the importance of monitoring financial regulations to ensure accurate reporting and strategic financial planning.
Learn More❌OCC Withdraws Proposed Fee Rule Change Notice
The Securities and Exchange Commission published a notice regarding the Options Clearing Corporation's withdrawal of a proposed rule change to update its schedule of fees. The change would have increased per contract clearing fees and removed a flat transaction fee but was ultimately withdrawn before implementation.
Learn More📈Proposed Rule Change to Boost Bitcoin Options Trading Limits
The NYSE Arca proposes amendments to rules governing position and exercise limits for options on the Grayscale Bitcoin Mini Trust and the Bitwise Bitcoin ETF. This change aims to increase limit thresholds and allow FLEX trading of these options, fostering a more competitive and liquid options market while mitigating potential manipulative practices.
Learn More📈Proposed Amendments for RBC and Northern Trust PTEs Explained
The Department of Labor (the Department) is proposing to extend the effective periods of PTEs 2016-10 (granted to RBC) and 2016- 11 (granted to Northern), which currently are scheduled to expire on March 4, 2025, for up to six months if RBC and Northern meet certain conditions. The proposed amendment to PTE 2016-10 is referred to herein as the RBC Proposed QPAM Amendment, and the proposed amendment to PTE 2016-11 is referred to herein as the Northern Proposed QPAM Amendment.
Learn More🪙MIAX PEARL's Rule Change for Goldman Sachs Gold ETF Options
MIAX PEARL, LLC has proposed a rule change to allow the listing and trading of options on the Goldman Sachs Physical Gold ETF. The change aims to modernize options offerings, reflecting current securities and enhancing trading strategies available to investors in the market. Comments on this proposal are invited from interested parties.
Learn More💰MEMX Proposes New Fee Schedule for Tape A Securities Trading
The Securities and Exchange Commission announces MEMX LLC's proposal to amend its fee schedule by introducing a new Tape A Quoting Tier. This tier will provide rebates for trades that add displayed liquidity in Tape A securities priced at $1.00 or above, aiming to enhance trading activity and member engagement.
Learn More🚫Department of State Sanctions Notice on Russian Activities
The Department of State is publishing the names of one or more persons that have been placed on the Department of Treasury's List of Specially Designated Nationals and Blocked Persons (SDN List) administered by the Office of Foreign Asset Control (OFAC) based on the Department of State's determination, in consultation with other departments, as appropriate, that one or more applicable legal criteria of the Executive Order regarding blocking property with respect to specified harmful foreign activities of the Government of the Russian Federation 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.
Learn More📈Nasdaq Proposes Trading Halt for Launch Day of Exchange-Traded Products
The Nasdaq Stock Market proposes a regulatory change allowing an optional trading halt for Exchange-Traded Products (ETPs) on their first day of trading. This mechanism aims to improve price discovery and manage volatility similar to existing IPO procedures, benefiting both issuers and investors.
Learn More🏦Federal Reserve Notices on Change in Bank Control Applications
The Federal Reserve has announced changes regarding notices under the Change in Bank Control Act, inviting public comments on proposed acquisitions of bank shares. This process is vital for ensuring transparency and compliance, with specified guidelines for stakeholder involvement and public access to application details.
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