📈Cboe BZX's Proposal for Multi-Class ETF Shares Listing
The Securities and Exchange Commission is considering a proposed rule change from Cboe BZX Exchange that would permit the generic listing and trading of Multi-Class ETF Shares. This change aims to streamline the process of listing such shares upon receiving exemptive relief, promoting a diverse financial market and potentially benefiting investors.
Learn More💵Cboe Exchange Announces Fee Increase for Silexx Basic Platform
The Securities and Exchange Commission has published a notice regarding Cboe Exchange, Inc.'s proposed rule change to amend the fee structure for the Legacy Silexx Basic platform. This notice seeks comments from interested parties while highlighting the immediate effectiveness of the fee increase proposal. The proposed changes aim to adjust operational financial parameters for traders using the platform.
Learn More📄IRS Proposes Extension for Information Collection on Life Insurance
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning Form 712, Life Insurance Statement.
Learn More🚫OFAC Sanctions Notice
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of two individuals and one entity 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 individuals and entity are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Learn More🏦Change in Bank Control Notices
This notice outlines applications under the Change in Bank Control Act regarding proposed acquisitions of shares in savings and loan holding companies. It specifies how the public can comment on these applications and emphasizes the importance of transparency in the process, indicating regulatory considerations and compliance for involved businesses.
Learn More📈SEC Notice on Proposed Ethereum Options Trading Rule Change
The SEC has issued a notice regarding a proposed rule change by NYSE American LLC to permit the listing and trading of options on the Bitwise Ethereum ETF and Grayscale Ethereum Trust products. Following public comments and an amendment to narrow the scope, the Commission is set to decide on its approval or disapproval.
Learn More📈Margin Add-On Charge Proposed by Options Clearing Corporation
The Securities and Exchange Commission issued a notice regarding a proposed rule change by the Options Clearing Corporation to establish a margin add-on charge. This measure aims to mitigate risks associated with intraday and overnight trading, particularly focusing on the trading of short-dated options. The proposal includes various amendments addressing industry feedback and regulatory standards.
Learn More📉Applications for Deregistration Under Investment Company Act
Applicant, a unit investment trust, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Date: The application was filed on June 21, 2024. Applicant's Address: One American Row, Hartford, Connecticut 06103.
Learn More📊Federal Reserve Approves Extension of Money Market Rates Report
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Report of Selected Money Market Rates (FR 2420; OMB No. 7100-0357).
Learn More📈SEC Approves Bitwise Bitcoin and Ethereum ETF Listing
The Securities and Exchange Commission has approved the Bitwise Bitcoin and Ethereum ETF, allowing for the trading of shares under NYSE Arca rules. This decision facilitates investment opportunities in cryptocurrency, with the Trust designed to provide exposure to Bitcoin and Ether values while adhering to regulatory standards. The approval underscores the growing significance of digital assets in the financial market.
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