🔗NYSE Proposes Amendments to Connectivity Fee Schedule
The New York Stock Exchange LLC has filed a notice detailing proposed amendments to its Connectivity Fee Schedule. These changes include updates to third-party system access and associated fees, with the aim of improving market access for Users. The proposed updates respond to user requests for enhanced connectivity options and reflect the Exchange's efforts to foster competitive services.
Learn More🏦Regulatory Notice on Bank Control and Acquisitions
The Federal Reserve System issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. This notice includes details for public inspection and encourages interested individuals to submit comments on these applications, emphasizing the importance of public transparency in bank control matters.
Learn More📊Proposed Agency Information Collection Activities - Comment Request
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies' publication for public comment of a proposal to extend for three years, without revision, the Market Risk Regulatory Report for Institutions Subject to the Market Risk Capital Rule (FFIEC 102), which is currently an approved collection of information for each agency. At the end of the comment period for this notice the FFIEC and the agencies will review any comments received to determine whether to modify the proposal in response to comments. As required by the PRA, the agencies will then publish a second Federal Register notice for a 30-day comment period and submit the final FFIEC 102 to OMB for review and approval.
Learn More🏛️IRS Open Meeting for Taxpayer Advocacy Panel Discussion
An open meeting of the Taxpayer Advocacy Panel's Special Projects Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. This meeting will be held via teleconference.
Learn More💼SEC Proposed Rule 206(4)-2 Collection Comment Request
The SEC notifies about the proposed extension of information collection under Rule 206(4)-2, governing the custody of client funds by registered investment advisers. It highlights key compliance requirements, including maintaining custody with qualified custodians and conducting surprise asset examinations, to enhance protection for advisory clients.
Learn More📈NYSE Arca Proposes Options on Commodity-Based Trust Shares
The Securities and Exchange Commission has received a proposed rule change from NYSE Arca to amend Rule 5.3-O, allowing the Exchange to list and trade options on Commodity-Based Trust Shares. The SEC has designated an extended period for action on this proposal, indicating thorough consideration of its implications.
Learn More💼LCH SA Proposes New Collateral Concentration Limits for Clearing Members
The Securities and Exchange Commission (SEC) has announced LCH SA's proposed rule change to amend collateral concentration limits for supranational and European agency securities. The revision aims to provide more flexibility for clearing members in meeting initial margin requirements, allowing for individual limits per issuer while maintaining risk management standards.
Learn More📈SEC Approves FICC's Proposed Volatility Event Charge for Risk Management
The Securities and Exchange Commission has approved the Fixed Income Clearing Corporation's proposal to implement a Volatility Event Charge. This new charge aims to enhance margin methodologies, managing credit risk more effectively by assessing additional fees during periods of heightened market volatility linked to scheduled economic events. The charge is expected to improve financial resilience for member firms amidst significant market fluctuations.
Learn More📈NYSE American Waives Options Fee Cap for April 2025
The NYSE American proposes to waive the combined cap on Floor Broker credits for QCC trades for April 2025, encouraging continued order flow to the Exchange amidst heightened market activity. This adjustment aims to enhance liquidity and incentivize brokers to maintain transactions on the Exchange, thereby improving market quality for participants.
Learn More💰NYSE American Options Fee Schedule Amendment for CUBE Auctions
The Securities and Exchange Commission announces a proposed rule change by NYSE American LLC to amend the Fee Schedule concerning volume executed in CUBE Auctions. The updates include new qualifying criteria for credits and rebates that aim to enhance liquidity and encourage participants to increase their auction order flow.
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