📈NYSE Arca Proposes Changes to GBTC Options Trading Limits
NYSE Arca has filed a proposal to modify position and exercise limits for options on the Grayscale Bitcoin Trust (GBTC). The amendment aims to permit flexible exchange options and increase liquidity, facilitating more robust trading opportunities within the regulated market. This change seeks to align GBTC options trading with market demands, improving competitiveness against OTC markets.
Learn More📈NYSE Texas Enhances Aggregated Lite Market Data Product
The SEC has published a notice regarding NYSE Texas's proposed enhancements to its Aggregated Lite market data product, including the addition of Auction Imbalance Information. This change aims to improve the quality and depth of market data available to traders and enhance transparency within the market, ultimately fostering a more competitive trading environment.
Learn More📈SEC Notice on Cboe BZX Exchange ETF Rule Change
The SEC has announced a designation of an extended period to consider a proposed rule change by Cboe BZX Exchange concerning the listing and trading of Multi-Class ETF Shares. This follows prior publications and amendments, reiterating the commission's commitment to thoroughly evaluate the implications of this rule change on the financial markets.
Learn More📈Cboe EDGA Proposes Fee Increase for 10 Gb Physical Ports
The Cboe EDGA Exchange has filed a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The Exchange justifies this increase as necessary to maintain and enhance its market technology and services, aligning its fees with industry standards, and addressing inflationary impacts on operational costs.
Learn More📑Rescission of State Notification Rules and Business Implications
This direct final rule rescinds the Consumer Financial Protection Bureau's (Bureau's) procedures by which a State official must notify the Bureau when the official takes an action to enforce the Consumer Financial Protection Act.
Learn More💰Update on Estate Tax Closing Letter User Fee Regulation
This document contains interim final regulations relating to the imposition of a user fee on authorized persons requesting the issuance of IRS Letter 627, also referred to as an estate tax closing letter. These regulations reduce the amount of the user fee imposed on a request for the issuance of an estate tax closing letter. The Independent Offices Appropriations Act of 1952 authorizes the charging of user fees. The text of the interim final regulations also serves as the text of the proposed regulations set forth in the notice of proposed rulemaking on this subject in the Proposed Rules section of this edition of the Federal Register.
Learn More🏦Federal Reserve Notice on Bank Control and Acquisition Requirements
The Federal Reserve System has issued a notice detailing applications under the Change in Bank Control Act for acquiring bank shares. Interested parties can submit comments on related regulations, with guidance on where and how to express their views. The notice outlines the processes for public disclosure and compliance in such acquisitions.
Learn More🪙Proposed Nasdaq Rule Change for 21Shares Dogecoin ETF Trading
This document outlines a proposed rule change from Nasdaq to list and trade shares of the 21Shares Dogecoin ETF, detailing its investment objectives, operational structure, and regulatory compliance mechanisms. The ETF aims to track the performance of Dogecoin, facilitating indirect access to the digital asset market for investors. The proposal invites public comment and outlines listing criteria and operational guidelines.
Learn More🏦Proposals for Nonbanking Activities Under Federal Reserve Notice
The notice from the Federal Reserve details proposals by companies to engage in or acquire interests in permissible nonbanking activities. It invites public comments and provides information on regulatory compliance under the Bank Holding Company Act, establishing a framework for businesses to explore new operational avenues while adhering to federal guidelines.
Learn More📈FICC's Proposed Rule Changes on Capital Policy and Replenishment Plan
The Securities and Exchange Commission announces the Fixed Income Clearing Corporation's proposed amendments to its Capital Policy and Capital Replenishment Plan. The revisions aim to simplify and clarify the policy, ensuring effective management of capital reserves needed for business continuity against potential financial losses. The plan updates authorization procedures to enhance operational resilience.
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